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

21. The Certificate of Initial Registration for an underwriter with SEBI remains valid for how many years?

[A] 3
[B] 4
[C] 5
[D] 7

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22. What is the full form of FASB?

[A] Financial Accounting Standards Board
[B] Finance Accounting Safety Board
[C] Finance and Accounts Standards Board
[D] Financial Accounting Safety Bureau

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23. For which of these countries the RBI has served as the central bank in the past?

[A] Myanmar
[B] Nepal
[C] Sri Lanka
[D] All of the above

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24. Which section of the RBI allows the RBI to provide loans to banks and state financial corporations?

[A] 17
[B] 18
[C] 19
[D] 20

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25. Who was the Prime Minister of India when Banking Nationalization was done in 1969?

[A] Jawahar Lal Nehru
[B] Indira Gandhi
[C] Rajiv Gandhi
[D] Narsimha Rao

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26. Which of these banks was not associated with the State Bank of India in 1959?

[A] State Bank of Hyderabad
[B] State Bank of Indore
[C] State Bank of Mysore
[D] State Bank of Patna

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27. How many banks were nationalised in 1980?

[A] 5
[B] 6
[C] 7
[D] 8

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28. When was ICICI bank founded?

[A] 1991
[B] 1992
[C] 1993
[D] 1994

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29. Which of these is also called as Committee on Capital Account Convertibility?

[A] Tarapore Committee
[B] Rangarajan Committee
[C] N N Vohra Committee
[D] Indrajit Committee

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30. Which was the first public bank to introduce credit cards?

[C] Central Bank of India

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