Banking Awareness
Here are some MCQs on Structure of RBI 1. The Reserve Bank of India (RBI) is the central banking institution of which country? a) India b) United States c) China d) United Kingdom 2. The RBI was established in which year? a) 1935 b) 1947 c) 1950 d) 1969 3. The headquarter of the RBI … Read more
Here are some MCQs on Banking Correspondents 1. What is a banking correspondent? a) A person who works in a bank b) A person who represents a bank in providing banking services in remote areas c) A person who manages bank loans d) A person who handles customer complaints in a bank 2. Which of … Read more
Here are some MCQs on Payment Banks 1. Which of the following is not a feature of payment banks? a) They can accept deposits up to Rs. 1 lakh b) They can issue debit and credit cards c) They can offer money transfer services d) They can provide loans and mortgages 2. Payment banks in … Read more
Here are some MCQs on Small Finance Banks 1. Which year was the Small Finance Banks (SFBs) established in India? a) 2010 b) 2015 c) 2005 d) 2000 2. What is the minimum paid-up capital requirement for Small Finance Banks? a) Rs. 100 crore b) Rs. 200 crore c) Rs. 300 crore d) Rs. 500 … Read more
Here are some MCQs on Development Financial Institutions (DFIs) 1. Development Financial Institutions (DFIs) play a vital role in promoting economic growth and development in many countries. Which of the following is NOT a characteristic of DFIs? a) Public or privately owned financial institutions b) Focus on providing financial services to specific sectors or regions … Read more
Here are some MCQs on Local Area Banks 1. What is a Local Area Bank? a) A bank that operates exclusively within a specific geographical area. b) A bank that serves only local businesses. c) A bank that is owned and operated by the local government. d) A bank that focuses on providing loans for … Read more
Here are some MCQs on Regional Rural Banks 1. Which of the following was the first Regional Rural Bank established in India? a) Prathama Bank b) Baroda Gujarat Gramin Bank c) Allahabad UP Gramin Bank d) Grameen Bank 2. Regional Rural Banks were established in India in the year: a) 1975 b) 1980 c) 1991 … Read more
Here are some MCQs on Cooperative Banks in India 1. When did the first cooperative bank in India start functioning? a) 1904 b) 1918 c) 1926 d) 1932 2. Cooperative banks are governed by which act in India? a) Companies Act b) Banking Regulation Act c) Cooperative Societies Act d) Reserve Bank of India Act … Read more
Here are some MCQs on Foreign Banks in India 1. Which was the first foreign bank to open its branch in India? a) Standard Chartered Bank b) HSBC Bank c) Citibank d) Deutsche Bank 2. Which foreign bank was the first to obtain a full banking license in India? a) Citibank b) HSBC Bank c) … Read more
Here are some MCQs on Private Sector Banks in India 1. Which was the first Indian private sector bank to receive an in-principle approval from the Reserve Bank of India (RBI) to set up a bank? a) ICICI Bank b) HDFC Bank c) Axis Bank d) IndusInd Bank 2. Which private sector bank was earlier … Read more
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