Banking Awareness – 2020 for IBPS, RBI, SBI, NABARD and other Bank Examinations

1. Who was the first Governor of Reserve Bank of India?

[A] Sir James Taylor
[B] Sir Vincent Eyre
[C] Sir Osborne Smith
[D] Reginald Macdonald

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2. Aadhar Payment App has been developed by which of the following ?

[A] National Payment Corporation of India
[B] Unique Identification Authority of India
[C] IDFC Bank
[D] All of the above

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3. The Aadhaar (Targeted Delivery of Financial and Other Subsidies, Benefits and Services) Bill, 2016 was recently given legal backing by Supreme Court. This act was passed in LokSabha as a__:

[A] Ordinary Bill
[B] Money Bill
[C] Constitution Amendment Bill
[D] Financial Bill

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4. How many digits are there in a Aadhaar Virtual ID?

[A] 16 digits
[B] 12 digits
[C] 14 digits
[D] 11 digits

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5. Forex is generally maintained by which of the following?

[A] Commercial bank of that country
[B] Central Bank of that country
[C] Central government of that country
[D] None of the above

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6. What is India’s present Credit Ratings?

[A] Baa2
[B] Baa3
[C] AAA-
[D] Baa1

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7. What is the full form of CRISIL?

[A] Credit Rating Information Services of India Limited
[B] Credit Rating Investment Services of India Limited
[C] Credit Rating Indian Services for Investment and Liability
[D] Credit Rating Insight Services of India Limited

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8. Which of the following clearly defines venture capital?

[A] It is a fund provided to industries at times of incurring losses.
[B] It is a long-term start-up capital provided to new entrepreneurs.
[C] It is a fund provided for renovation of industries.
[D] It is a short-term capital.

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9. The need for Venture Capital Financing was highlighted by which of the following committee in India?

[A] Bhatt Committee
[B] Gadgil Committee
[C] Urjit Patel Committee
[D] None of the Above

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10. Which type of Fund is required to be listed on Stock Exchange?

[A] Debit Fund
[B] Liquid Fund
[C] Close Ended Funds
[D] Sector Funds

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