Banking, Insurance & Financial Institutions

Q1.SBI was formerly known as:

A. Bank of India B. Imperial Bank of India C. Central Bank of India D. Reserve Bank of India

Q2.SEBI was established in (statutory):

A. 1988 B. 1990 C. 1992 D. 1995

Q3.NABARD stands for:

A. National Bank for Agriculture and Rural Development B. National Board for Agriculture Research C. National Bureau of Animal Research D. None of these

Q4.Repo Rate is set by:

A. Government B. Finance Ministry C. RBI D. SEBI

Q5.Bank nationalisation first happened in India in:

A. 1955 B. 1969 C. 1980 D. 1991

Q6.₹1 note/coin is issued by:

A. RBI B. Ministry of Finance C. SBI D. SEBI

Q7.MUDRA Bank was launched for:

A. Large industries B. Micro/small enterprises C. Foreign trade D. Agriculture only

Q8.Jan Dhan Yojana aims at:

A. Housing for all B. Financial inclusion (banking for all) C. Free education D. Health insurance

Q9.The Bombay Stock Exchange (BSE) index is:

A. Nifty B. Sensex C. Dow Jones D. FTSE

Q10.What does KYC stand for?

A. Keep Your Cash B. Know Your Customer C. Kerala Youth Commission D. Key Yearly Certificate

Q11.The RBI Governor is appointed by:

A. President B. PM C. Finance Minister D. Government of India

Q12.IRDA regulates:

A. Banking B. Stock market C. Insurance D. Telecom

Q13.India's first bank was:

A. SBI B. Bank of Hindustan C. RBI D. Bank of Bombay

Q14.CRR (Cash Reserve Ratio) means banks must keep what % with RBI?

A. A fixed % of deposits as cash B. A fixed % of profits C. All foreign currency D. Nothing — it's voluntary

Q15.UPI was launched in:

A. 2014 B. 2016 C. 2018 D. 2020

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