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

41. When did the RBI allowed for the first time to open ultra small branches?

[A] 2004
[B] 2009
[C] 2012
[D] 2014

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42. Which is India’s largest Banking Correspondent company?

[A] Airtel
[D] Reliance

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43. When was the Board for Payment and Settlement Systems established in the RBI?

[A] 2005
[B] 2003
[C] 2002
[D] 2001

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44. Who heads the Board for Payment and Settlement Systems?

[A] RBI Governor
[B] RBI Deputy Governor
[C] Chief Financial Officer
[D] Person appointed by Union Government

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45. Who was the chairman of Committee on Deepening of Digital Payments formed by RBI?

[A] Nandan Nilekani
[B] Sanjay Jain
[C] Kishore Sansi
[D] Nachiket Mor

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46. Where is the printing press of Bharatiya Reserve Bank Note Mudran Pvt. Ltd. Located?

[A] Mysore
[B] Salboni
[C] Both a and b
[D] None of the above

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47. Who acts as the lender of last resort to all Public Sector Banks in India?

[A] Finance Ministry
[C] State Bank of India

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48. What do we call the money that is lent for more than one day but less than 15 days in the call money market?

[A] Call Money
[B] Term Money
[C] Notice Money
[D] None of the above

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49. Who can become an authorised BBPOU under BBPS?

[A] Banks
[B] Non-Bank entities
[C] Both Banks and Non-Bank entities
[D] None of the above

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50. Which organisation functions as the authorised Bharat Bill Payment Central Unit?

[A] State bank of India
[B] ICICI Bank
[D] Reserve Bank of India

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