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General Knowledge 65

General Knowledge 65

Banking General Knowledge Questions.

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Bank Rate is the rate

The rate at which banks lend to the Industrial Financial Institutions
At which banks lend money to the depositors
The rate at which banks lend to the Industrial Financial Institutions
At which Reserve Bank of India lends money to commercial Banks
None of the above

Which of the following is NOT a banking related terms?

SME Finance
Drawing power

The bank rate is the rate at which

The RBI lend to the public
The Government of India lends to other countries
A bank lends to the public
The RBI gives credit to the commercial banks

What is the major source of revenue for the commercial banks?

Fixed deposits
Revenue from the share market
The difference between what is charged from borrowers and what is paid to depositors
None of the above

The bank rate means

Rate at which RBI purchases or rediscounts bill of exchange of commercial banks
Rate of interest at which commercial banks discounted bills of their borrowers
Rate of interest allowed by commercial banks on their deposits
Rate of interest charged by commercial banks from borrowers

According to the World. Bank Report India is a

Low Income Country
Developing Country
Development Country
Rich Country

Rate of interest is determined by

Liquidity Preference
Commercial Banks
The rate of return on the capital invested
Central Government

Which amongst the following organisations make major credit policies for the Regional Rural Banks (RRBs)?

World Bank
Asian Development Bank
State Bank of India

Which among the following is an asset for a Commercial Bank?

Borrowing from RBI
Deposit of public
Credit to farmers
Demand deposits of Industries

Which of the following is NOT a bank or finance company?

BNP Paribas

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