Practice Economy and Banking and Finance Static Concepts Questions and Answers

• The main purpose of preparing a Bank Reconciliation Statement is:
• Which of the following acts empowers RBI to regulate Non-Scheduled Banks?
• The demand for bank notes is estimated by the Reserve Bank of India (RBI) using which of the following statistics?
• Which committee is formed for the Banking Supervision?
• Which bank works as a Lead Bank in the district? 
• Which one is incorrect about the deposit insurance scheme of DICGC?
• What is Notice Money?
• Which of the following are not allowed to participate in call money market?      i.  Regional Rural Banks     ii.  Devel...
• Which of the following is/are securities depository? i.     CSDL ii.    ARCIL iii.   NSDL
• Which of the following is NOT true about microfinance? i. These loans are unsecured loans of Upto Rs. 1 lakh mostly given following group lending methodolo...
• Match the following: A) IMPS                                     ...
• Which of the following rates signals the RBI’s long-term outlook on interest rates?
• IFRS stands for _______
• KYC guidelines followed by the Banks have been framed on the recommendations of the ______
• What is “Non-Interest Income” of banks?
• Which of the following is the regulator of the credit rating agencies in India?
• In SFMS, M denotes 
• London Metal Exchange is owned by which one of the following?
• Loan  granted for purchase of white goods by the banks is known as  ______.
• BIFR stands for 
• eVIN stands for?
• Exim Bank was established in the year
• Which of the following person is not the Deputy Governor of RBI?
• In 1921, three Banks were merged into one Bank i.e, Imperial Bank. They are:
• New Bank of India was merged into PNB on
• The Headquarter of Bhartiya Mahila Bank (BMB) is situated at
• ING Vysya was taken over by which of the following Bank?
• Which of the following is not the function of ATM?
• DRT and SARFAESI are the two methods adopted by Bank for
• The IFSC is an/a _______ digit alphanumeric code.
• The other name for SWIFT code is
• The First White Label ATM was set up by 
• The first RRB was set up at
• At Present, RRB’s are running in every state of India except
• Uttarakhand Gramin Bank established after the amalgamation of
• The European country which is the guarantor of Bank of Central African States is
• In which year the first Bank of India was established?
• Which of the following Bank was not nationalized in the First Phase of Nationalization of Banks?
• How many Banks were nationalized in the Second Phase of Nationalization of Banks?
• Which of the Following is the Housing Development Bank of India?