*******BANKING AWARENESS*******
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1.       In which years RBI and SBI are nationalized respectively? - 1949, 1955
2.       Which bank was merged with Punjab National Bank in 1993? - New Bank of India
3.       Which bank sponsored first Regional Rural Bank (RRB) in India by the name Prathama Grameen Bank?-Syndicate Bank
4.       Which is the first Cooperative Bank of India (also in Asia)? - Anyonya Cooperative Bank
5.       Name the new post which was proposed by RBI in the rank of Deputy Governor. - Chief Operating Officer (COO)
6.       Where is the headquarter of Bharatiya Mahila Bank (BMB)? - New Delhi
7.       Cooperative banks are registered with -Registrar of Cooperative Societies (RCS)
8.       Expand MUDRA. -Micro Units Development and Refinance Agency
9.       What is the minimum paid-up capital of Small Banks and Payment Banks? - Rs 100 crore each
10.   National Housing Bank (NHB), a subsidiary of RBI, regulates and refinances social housing programs in India. Where is the headquarter of NHB? - New Delhi
11.   SIDBI provides short term loans and refinance facilities to - Micro, Small and Medium Enterprises (MSMEs)
12.   Banking aspects of Cooperative banks are governed by - Reserve Bank of India
13.   What is the full form of CASA? - Current Account and Savings Account
14.   What is the full form of BSBDA?-Basic Savings Bank Deposit Account
15.   What is the Priority Sector Lending target percentage? - 40 % of ANBC
16.   What is the sub-target of PSL for Agricultural activities? - 18 % of ANBC
17.   Which is the minimum chargeable interest for the credit sanctioned to the borrower by a bank? - Base rate
18.   ATMs set up, owned and operated by non-bank entities (e.g., NBFC) are known as -White Label ATMs (WLA)
19.   ATMs set up and owned by a Service provider, but cash management and connectivity is provided by a sponsor banks are known as - Brown Label ATMs (BLA)
20.   NBFCs are registered under which Act? -Companies Act, 1956
21.   The assets of banks are: - Loans and Advances, Bank Reserves & Investments of Banks
22.     Net Asset Value (NAV)/bid value is-Per unit of the fund, excluding liabilities, calculated by AMC after every business day
23.   What will be the effect on market, if repo rate is increased? - Liquidity in the market will decrease
24.   What is Net Demand and Time Liabilities (NDTL) of banks? - Net Demand Deposits (Savings and Current Deposits) and Time Deposits (Recurring and Fixed Deposits)
25.   Reverse repo rate is the rate at which - Banks provide loans to RBI
26.   For Cash reserve ratio (CRR) requirements -Banks have to keep / maintain a portion of its deposits, as cash or balance with RBI
27.   If CRR is increased by RBI, what will be the effect on market? - Banks will have to maintain more money as cash or deposits with RBI, hence will have less money to lend or invest, thus reducing the liquidity in the market
28.   What 'L' denotes in LAF? - Liquidity
29.   Open Market Operations (OMO) deals with -Buying or selling government securities by RBI
30.   What is the maximum limit of funds transfer through NEFT? - There is no upper limit for NEFT
31.   What is the full form of IMPS? - Immediate Mobile Payment System
32.   What is the full form of CIBIL? - Credit Information Bureau of India Ltd.
33.   CAMELS Rating is - A supervisory rating for banks or financial institutions by financial market regulator
34.   What 'L' denotes in CAMELS rating? -Liquidity
35.   Narrow Money consists - Both M1 and M2
36.   RBI has the legal right to issue bank notes, under which act? - RBI Act
37.   What is the maximum denomination of currency note that can be issued by RBI? - Rs. 10,000
38.   One Rupee currency bears the signature of-Finance Secretary
39.   RBI currently follows which of the following system for issuance of currency? - Minimum Reserve System
40.   Currency Chests are - Store houses of commercial banks for banknotes and rupee coins
41.   Small Coin Depots are - Store houses of commercial banks for small coins
42.   Which of the following is not a characteristic of a Soiled Note? - Notes in more than two pieces
43.   Excessively soiled, brittle or burnt notes can be exchanged on - Issue Office of RBI
44.   If the tenor of transactions in Money Market is 2 to 14 days, then it is known as - Notice Money Market
45.   Call Money deals with - Overnight funds
46.   Certificate of Deposits issued by banks -Are of min. Rs. 1 lakh and multiple thereof, with maturity of 7 days to 1 year
47.   What is the minimum amount of CPs? - Rs. 5 lakh
48.   Currently, T-Bills are issued with the maturities of - 91 days, 182 days and 364 days
49.   What is the full form of CMB? - Cash Management Bill
50.   Which of the following is a long-term government security? - Dated Securities
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