GK Trick

MCQs on Banking

1. The performance of which scheme does the National Housing Bank monitor?

a) Liberalized Finance Scheme
b) Golden Jubilee Rural Housing Finance Scheme
c) Energy Efficient Housing Finance Scheme
d) Finance scheme for indirect loans


2. When did the National Bank of Agriculture and Rural Development establish?

a) July, 1982
b) July, 1969
c) June, 1951
d) June, 1961


3. When did the government acquire RBI's shareholding (72.5%) in NABARD?

a) May, 2008
b) June, 2008
c) August, 2008
d) March, 2009


4. The duration of fund raising from the commercial banks to the extent of RIDFs shortfall in agricultural lending is _________.

a) daily
b) weekly
c) monthly
d) yearly


5. When did the Government of India set up the Export-Import Bank of India?

a) January, 1982
b) January, 1993
c) March, 1971
d) June, 1969


6. The main objectives of the Export-Import Bank (EXIM Bank) are:

(i) to ensure an integrated and coordinated approach to solving the problems of exporters
(ii) to provide special attention to capital goods export and export of technical services
(iii) to tap domestic and overseas markets for resources, undertake development and finance activities in the areas of exports.
(iv) to provide financial assistance to the exporters and importers and act as the principal financial institution for coordinating the working of other institutions engaged in financing exports and imports.
(v) to provide refinance facilities to commercial banks and financial institutions against their export-import financing activities

(a) both (i) and (ii)
(b) only (iii), (iv), and (v)
(c) All the above
(d) None of the above


7. Which bank had the highest concentrations of operations overseas in 2010?

a) Bank of Baroda
b) Bank of India
c) State Bank of India
d) Union Bank of India


8. When did the Government of India appoint a committee under the chairmanship of Shri M.Narasimham to strengthen the banking system?

a) May, 2006
b) April, 1998
c) December, 1997
d) September, 2005














Solutions

1.B
2.A
3.B
4.D
5.A
6.C
7.A
8.C






5 Banking and SSC : MCQs on Banking 1. The performance of which scheme does the National Housing Bank monitor? a) Liberalized Finance Scheme b) Golden Jubilee Rural Housing...

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