1. How many major parts does Indian Financial System have?
(a) 2 (b) 3
(c) 4 (d) 5
Ans: (a)
2. Which of the following is a major organ of the Indian Financial System?
(a) Loan Market
(b) Capital Market
(c) Currency Market
(d) Both (b) and (c)
Ans: (d)
3. By which of the following Institutions, currency Bank is controlled?
(a) SBI (b) RBI
(c) LIC (d) SEBI
Ans: (b)
4. Which market means a market where financial instruments are purchased and sold?
(a) Capital Market
(b) Loan Market
(c) Currency market
(d) Cash Market
Ans: (a)
5. When was Bank of Hindustan established?
(a) 1866 (b) 1868
(c) 1870 (d) 1872
Ans: (c)
6. Since when banks are considered to have been developed in India?
(a) 1786 (b) 1805
(c) 1829 (d) 1844
Ans: (a)
7. When was Bank of Mumbai established?
(a) 1840 (b) 1841
(c) 1842 (d) 1843
Ans: (d)
8. When was the Bank of Bengal established?
(a) 1830 (b) 1840
(c) 1850 (d) 1860
Ans: (b)
9. When was Punjab National Bank established?
(a) 1864 (b) 1874
(c) 1884 (d) 1894
Ans: (d)
10. When was Allahabad Bank established?
(a) 1845 (b) 1855
(c) 1865 (d) 1875
Ans: (c)
11. When was Reserve Bank of India established?
(a) 1931 (b) 1933
(c) 1935 (d) 1937
Ans: (c)
12. When was Imperial Bank established?
(a) 1919 (b) 1921
(c) 1923 (d) 1925
Ans: (b)
13. In India, ______ percent of the total assets of the banking system are controlled by the Public Sector banks.
(a) 50 (b) 60
(c) 70 (d) 80
Ans: (c)
14. Where were the Headquarters of Punjab National Bank in the beginning?
(a) Lahore
(b) Amritsar
(c) Karachi
(d) Delhi
Ans: (a)
15. In Bihar till March 2017, how many branches of commercial Banks existed?
(a) 6514 (b) 6684
(c) 6725 (d) 6844
Ans: (d)
16. Which of the following is not a type of a Scheduled Bank?
(a) Public Sector Bank
(b) Cooperative Bank
(c) Foreign Bank
(d) Private Bank
Ans: (b)
17. What was the number of District Cooperative Banks in the State, in the year 2016?
(a) 288 (b) 302
(c) 312 (d) 325
Ans: (c)
18. What was the number of all the State Cooperative banks in Bihar in the year 2016?
(a) 8 (b) 9
(c) 10 (d) 11
Ans: (d)
19. What is the credit deposit ratio of commercial banks in percentage?
(a) 26.2 (b) 29.4
(c) 32.1 (d) 34.8
Ans: (d)
20. What is the credit-deposit ratio of cooperative banks in percentage?
(a) 124.8 (b) 126.2
(c) 128.4 (d) 130.2
Ans: (a)
21. On the recommendations of which committee, regional rural banks in India were established?
(a) Goswami Committee
(b) Abid Ali Committee
(c) Narsimha Samiti
(d) Verma Committee
Ans: (c)
22. By March 2016, how many primary agricultural credit committees were functioning in the state?
(a) 8113 (b) 8244
(c) 8368 (d) 8463
Ans: (d)
23. When was the Regional Rural Bank Act passed?
(a) 1975 (b) 1976
(c) 1977 (d) 1978
Ans: (b)
24. When were regional rural banks established in India?
(a) 1971 (b) 1973
(c) 1975 (d) 1977
Ans: (c)
25. What is the share holding of the State Government in regional rural banks?
(a) 10% (b) 15%
(c) 20% (d) 25%
Ans: (b)
26. What is the share holding of the central government in regional rural banks?
(a) 50% (b) 60%
(c) 70% (d) 80%
Ans: (a)
27. How many branches of Uttar- Bihar regional rural bank are there in the State?
(a) 1011 (b) 1021
(c) 1032 (d) 1044
Ans: (c)
28. What is the share holding of the promoter bank in regional rural banks?
(a) 25% (b) 30%
(c) 35% (d) 40%
Ans: (c)
29. Which Regional Rural bank is not functioning in Bihar?
(a) West Bihar Regional Rural Bank
(b) Bihar Regional Rural Bank
(c) Central Bihar Regional Rural Bank
(d) North Bihar Regional Rural Bank
Ans: (a)
30. How many Regional Rural Banks are functioning in Bihar?
(a) 2 (b) 3
(c) 4 (d) 5
Ans: (b)
31. Central Bihar Regional Rural Bank is sponsored by which Bank?
(a) PNB
(b) Allahabad Bank
(c) Dena Bank
(d) Central Bank of India
Ans: (a)
32. Bihar Regional Rural Bank is sponsored by which bank?
(a) SBI
(b) PNB
(c) ICICI
(d) United Commercial Bank
Ans: (d)
33. When was the National Agriculture and Rural Development Bank (NABARD) established?
(a) 1978 (b) 1980
(c) 1982 (d) 1984
Ans: (c)
34. North Bihar Regional Rural bank is sponsored by which bank?
(a) SBI
(b) Central Bank of India
(c) PNB
(d) Allahabad Bank
Ans: (b)
35. For which of the following projects, NABARD makes credit available to the state governments?
(a) Irrigation
(b) Soil Conservation
(c) Water Filtration Management
(d) All of the above
Ans: (d)
36. On which committee’s recommendations, NABARD was established?
(a) Narsimha Committee
(b) Verma Committee
(c) Fazal Ali Committee
(d) Shivraman Committee
Ans: (d)
37. The Rural Infrastructure Development Fund makes available to all the State Governments ______ percent of project cost relating to agriculture and allied areas as credit?
(a) 80 (b) 85
(c) 90 (d) 95
Ans: (d)
38. When was Rural Infrastructure Development Fund (RIDP) established?
(a) 1994-95 (b) 1995-96
(c) 1996-97 (d) 1997-98
Ans: (b)
39. How many activities are included at present for assistance from Rural Infrastructure Development Fund?
(a) 30 (b) 32
(c) 34 (d) 36
Ans: (c)
40. By March 2016, how many selfhelp groups were functioning in Bihar?
(a) 2.7 lakh (b) 2.5 lakh
(c) 2.3 lakh (d) 2.1 lakh
Ans: (a)