Banking Awareness - MCQs with Answers

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1. Which of the following public sector banks has highest number of branches in India?

a) Bank of india
b) Allahabad Bank
c) State bank of India
d) Punjab National Bank

ANSWER: c) State bank of India

2. According to CSO's estimates at what percent Indian economy is likely to grow during fiscal 2014-15?

a) 7.4%
b) 7.8%
c) 8.2%
d) 8.5%

ANSWER: a) 7.4%

3. Which bank has received Banking licenses by Reserve Bank of India in 2014 ?

a) Aditya Birla Nuvo Ltd
b) IDFC
c) Bandhan
d) Both b and c

ANSWER: d) Both b and c

4. Bank of Rajasthan was merged with

a) SBI
b) HDFC
c) IDBI
d) ICICI

ANSWER: d) ICICI

5. Which is the largest private sector bank in India ?

a) ICICI
b) Axis
c) HDFC
d) HSBC

ANSWER: c) HDFC

6. What is the full-form of HDFC?

a) Housing Department Finance Corporation
b) Housing Development Financial Corporation
c) Housing Development Finance Corporation
d) Housing Development Finance Company

ANSWER: c) Housing Development Finance Corporation

7. Who headed the committee on Credit Information Reports (CIRs)?

a) Raghuram Rajan
b) Kaushik Basu
c) K.V Kamath
d) Aditya Puri

ANSWER: d) Aditya Puri

8. PJ Naik committee is related to

a) Refinancing weak banks
b) Licensing to private bank
c) Governance of bank boards
d) Privatization of nationalized banks

ANSWER: c) Governance of bank boards

9. Who was was the first Indian to become governor of RBI?

a) Liaquat Ali Khan
b) T. T. Krishnamachari
c) John Mathai
d) C. D. Deshmukh

ANSWER: d) C. D. Deshmukh