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Current Affairs January 2024

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4

All of the following are subsidiaries of the State Bank of India, except:

A. State Bank of Bikaner and Jaipur

B. Central Bank of India

C. State Bank of Hyderabad

D. State Bank of Patiala

Correct Answer :

B. Central Bank of India


Related Questions

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4

The system of value added taxation is applicable to:

A. excise duties

B. income tax

C. estate duty

D. taxes on agricultural income

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4

Consequent 'upon the recommendations of the Working Group on Rural Banks, 5 Rural Regional Banks were initially set up in the year [CPO SI 2010]

A. 1973

B. 1974

C. 1975

D. 1976

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4

Regional Rural Banks are designed to work in which of the following ideals? [IAS 1988]

A. Work on basics of commercial banks

B. Help the targetted groups

C. Keep lending rates lower than cooperative institutions

D. Work on innovative and adaptive ideals

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4

For regulation of the Insurance Trade in the country the Government has formed: [UP PCS 2002]

A. SEBI

B. Reserve Bank of India

C. Insurance Regulatory and Development Authority

D. General Insurance Corporation

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4

Which of the following is at the apex of Industrial Finance in India? [UDC 1995]

A. Industrial Finance Corporation

B. Reserve Bank of India

C. Industrial Development Bank of India

D. Industrial Credit and Investment Corporation of India

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4

The banks are required to maintain a certain ratio between their cash in hand and total assets. This is called: [IAS 1998]

A. SBRC (Statutory Bank Ratio)

B. SLR (Statutory Liquid Ratio)

C. CBR (Central Bank Reserve)

D. CLR (Central Liquid Reserve)

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4

Which of the following is not an affiliate of the Reserve Bank of India?

A. Unit Trust of India

B. The Industrial Development Bank of India

C. Agricultural Refinance Corporation

D. Deposit Insurance Corporation

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4

Which of the following are under the purview of Industrial Development Bank of India?
1. Unit Trust of India
2. Life Insurance Corporation of India
3. Export-Import Bank
4. State Finance Corporation of India

A. 1, 2 and 3

B. 2, 3 and 4

C. 1, 3 and4

D. 1, 2 and 4

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4

Which two of the following nationalized banks have been merged as per the recommendation of the Narsimhan Committee? [NDA 1995]

A. New Bank of India and Bank of India

B. Central Bank of India and Corporation Bank

C. Parur Bank of India and Bank of India

D. Punjab National Bank and New Bank of India

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4

EXIM Bank was set-up in :

A. 1980

B. 1982

C. 1985

D. 1986

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4

In India, which of the following have the highest share in the disbursement of credit to agriculture and allied activities? [CSAT 2011]

A. Commercial Banks

B. Cooperative Banks

C. Regional Rural Banks

D. Microfinance Institutions

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4

Debenture holders of a company are its:

A. shareholders

B. creditors

C. debtors

D. directors

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4

Who is responsible for the collection and publication of monetary and financial information?

A. Finance Commission

B. Finance Ministry

C. Reserve Bank of India

D. Auditor and Comptroller General of India

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4

A Scheduled Bank is one which is included in the: [CPO SI 2002]

A. II Schedule of Banking Regulation Act

B. II Schedule of Constitution

C. II Schedule of Reserve Bank of India Act

D. None of the above

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4

The Reserve Bank of India issues:

A. all the currency notes

B. all the currency notes except the one rupee note

C. all the currency notes except the hundred rupee note

D. only notes of Rs. 10 and above

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4

Which of the following is now a punishable offence by a Bank Account holder ? [Bank PO 1990]

A. If a cheque is not crossed

B. If a post-dated cheque is issued

C. If a cheque drawn by him is dishonoured for insufficiency of funds in his account

D. Issuing a cheque without signature

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4

Which bank gives long term loan to farmers?

A. NABARD

B. Land Development Bank

C. SBI

D. Rural banks

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4

In 1921, the Presidency Banks of Bengal, Madras and Bombay were nationalised to give birth to:

A. Punjab National Bank

B. Syndicate Bank

C. State Bank of India

D. Punjab and Sindh Bank

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4

Which one of the following Indian banks is not a nationalized bank? [IAS 2006]

A. Corporation Bank

B. Dena Bank

C. Federal bank

D. Vijaya Bank

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4

The largest Public Sector Bank in India is: [CDS 1991]

A. Central Bank

B. State Bank of India

C. Punjab National Bank

D. Indian Overseas Bank

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4

Which of the following is not an asset held by commercial banks?

A. Bills of exchange

B. Current account deposits

C. Credit balances with the Reserve Bank

D. Money lent at short notice

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4

Basel Committee has given its recommendations on which of the following aspects of banking operations? [RBI Grade B Officer 2011]

A. Marketing of bank products

B. Priority sector lending

C. Risk Management

D. All of the above

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4

When was the Reserve Bank of India taken over by the Government? [PCS 1994]

A. 1945

B. 1948

C. 19S2

D. 1956

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4

Which of the following is called a 'banker's cheque' ? [CDS 2002]

A. Demand draft

B. Debit card

C. Pay order

D. Fixed deposit

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4

Which amidst the following rural banks has been named after a river? [NDA 2002]

A. Prathama Bank

B. Varada Grameen Bank

C. Thar Anchalik Grameen Bank

D. Aravali Kshetriya Grameen Bank

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4

The main function of the Exim Bank is:

A. to help RBI in the regulation of foreign exchange

B. to prevent unlicensed transaction

C. to promote exports and curtail imports

D. to conserve foreign exchange

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4

The liabilities of a commercial bank are:
1. time deposits
2. security holdings
3. demand deposits
4. advances from the central bank

A. 1, 2 and 3

B. 1, 3 and 4

C. 2 and 4

D. 1 and 3

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4

What do you understand by Bear raid?

A. An attempt to bring down the price of strong short selling

B. Simulataneous buying of shares and debentures in view of getting more values in near future

C. Higher rate of price paid for the particular government share or debentures

D. Any of the above

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4

The arguments to support opening up of the Insurance sector in India were:
1. It will provide wider choice to customers
2. It will infuse competition and efficiency
3. It will widen the base of long term funds
4. It will improve balance of payments position
Choose the correct answer from:

A. 1, 2

B. 2, 3

C. 1, 2, 3

D. 1, 2, 3 and 4

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4

Which of the following organisations prepare rural credit plans on annual basis for all districts in India, which in turn form the base for annual credit plans of all rural financial institutions? [RBI Grade B Officer 2011]

A. SIDBI

B. NABARD

C. RBI

D. Indian Bank's Association