Banking Awareness Questions Who was the first Governor of Reserve Bank of India?

1) Who will sign on One Rupee Notes?

Finance Secretary ,Ministry of Finance.

2)Who was the first Governor of Reserve Bank of India?

Osborne Smith.

3) RBI Currency Printing Presses are locate at ?

Total Four printing presses are actively print notes those are

•  Dewas in Madhya Pradesh 

• Nasik in Maharashtra 

• Mysore in Karnataka

• Salboni in West Bengal

4) All coins are minted by?

The Government of India

5) Coin Mints are located at?

Coins are minted by the Government of India. RBI is the agent of the Government for distribution, issue and handling of coins.

 Four mints are in operation: Those are as follows

• Mumbai

• Noida 

• Kolkata

•  Hyderabad

Banking Awareness Questions Full form of FII?

1)What is an Abbreviation of IBA?

A)Indian Banks Association 

2)Who is the New Chairamn of Indian Bank Association ?

A)K R Kamath of Punjab National Bank to be New chairman of Indian Banks Association in the place of Alok Misra (CMD of Bank of India)

3)What is the full form of GDR?

A)Global Depository Receipts

5)Dear Money Means?

A)Higher Rate of Interest

6)Which Bank is the 2nd Largest Public Sector Bank in India ?

A)Bank of Baroda

7)Which Bank is the 1st largest Public Sector bank in India ?

A)State Bank of India

8)Which Bank Serve as the Banker's Bank in India ?

A)Reserve Bank of India

9)Banking Sector Comes Under?

A)Service Sector

10)Full form of FII?

A)Foreign Institutional Investment 

11) Maximum Number of Deputy Governors in RBI?

A)Four

12)How many banks were nationalized on 15Th April 1980?

Six Banks

Banking Awareness Questions What is an abbreviation of IFSC ?

1)What is the Cash Reserve Ratio that is  effective from September -22-2012?

A) 4.5%

2)RBI has made it mandatory for all banks to print following codes on Pass Book and Statement of account of the customers?

MICR Code and IFSC Code

3) What is an abbreviation of MICR ?

Magnetic Ink Character Recognition

4)What is an abbreviation of IFSC ?

Indian Financial System Code

5)As per RBI guidelines MICR code is necessary for?

MICR Code is Necessary for all electronic clearing services (Debit and Credit Card ) Transactions

6)IFSC Code is pre-requisite for?

National Electronic Fund Transfer (NEFT) and Real Time Gross Settlement(RTGS) trasactions.

7)Which Card is First India's Domestic Card Payment Network set up by National Payment Corporation of India ?

RuPay Card

8)What is the main objective of RuPay Card?

Reduce overall transaction cost for the banks in India when compare with VISA Inc and Master Card

9)Woori Bank has set up its first Indian branch in Chennai .It is based in which of the following Asian Countries?

South Korea

10)FirstRand Bank belongs to which Country?

South Africa 

Banking Awareness Question When was RBI Nationalized?

1)When was RBI Nationalised ?

A)January-01-1949

2)How many Banks were nationalized in july 1969 when first Nationalisation took place ?

A)Total 14 Banks 

3)Who is the SEBI Chairman ?

A)U.K Sinha

4)NEFT Stands for?

A)National Electronic Fund Transfer 

5)RTGS Stands for ?

A)Real Time Gross Settlement 

6)KYC Stands for ?

A)Know Your Customer 

7)Expand the Term ATM?

A)Automated Teller Machine 


8)EFT Stands for ?

A)Electronic Funds Transfer 

9)Who is Ombudsman ?

A)An official who investigates complaints by members of the public against government departments and other official bodies

10)What is Pay-in-Slip?

A)Pay-in-Slips are printed forms ,These are counter foils used for depositing cash or cheque 

Banking Awareness Questions What is the full form of NABARD ?

1) What is the full form of NABARD ?

A) National Bank of Agricultural and Rural Development 

2) Who is the present chairman of NABARD?

A) Present chairman of NABARD is Dr. Prakash Bakhshi

3)Which organisation maintains the Rural Infrastructure Development Fund (RIDF) ?

A) NABARD-National Bank of Agriculture and Rural Development .

4)First Talking ATM in India ?

A) Union Bank of India established first talking ATM in Ahmedabad (Gujrat State ).

This ATM Specially designed for Blind people ,This ATM works on Voice Interface 

5) A saving bank account with zero as minimum balance is know as?

A) No Frills Account

6) Federal Reserve is the central bank of  ?

A) United States 

7) Which company provides credit rating agency of Indian origin?

A) CRISIL-Credit Rating Services of India Limited

8) Who is new Managing Director & CEO of SBI Life Insurance?

A)Atanu Sen

M.N Rao Retired on August/ 31/2012 in that place Atanu Sen has taken

9) Who is the CEO of SBI Cards and Payment Services?

A) Kadambi Narahari 

10) CRR is maintained in the form of ?

A) Cash balances with RBI  

Banking Awareness Questions What is an Abbreviation of NBFC?

1) What is an Abbreviation of NBFC?

A)Non Banking Financial Corporation

2) Financial year in Banks is a period between ?

A)April to March

**3)What is the full form of ASBA?

A)Application Supported by Blocked Amount 

4) What is the Financial Capital of India ?

A) The financial capital of India is Mumbai

5) Who is the  Managing Director and Chief Executive Officer  of AXIS Bank?

A) Shikha Sharma (reappointed for June-01-2012 to May -31-2015)

6)Who is the CEO of ICICI Bank 

A) Ms. Chanda Kochhar is the Managing Director and CEO of ICICI Bank 

7)What is the full form  of SEBI ?

Securities and Exchange Board of India 

8)Which Bank in India wants to exploring options to launch its services via Facebook ?

ICICI Bank expand its Internet Banking Services in Facebook

9)Normal Bank accept Fixed Deposits for a maximum period of ?

10 Years

10)Who is the New Chief Economist and  Senior Vice President of World Bank?

A) Kaushik Basu 

Kaushik Basu  replaced  Justin Yifu Lin 

Nationalized Banks in India Full Information

List of Nationalized Banks Info::

Nationalized Banks	Total Number
SBI and SBI Associates	1+5=6
Nationalized Banks in 1969 & 1980	14+6-1=19
IDBI Bank	1
Total	26

• State Bank of India Nationalized in 1955

• State Bank of India Associates Nationalized in 1959

List of SBI Associates Banks::

SBI Associated Banks
State Bank of Hyderabad
State Bank of Mysore
State Bank of Travancore
State Bank of Saurashtra
State Bank of Indore
State Bank of Patiala
State Bank of Jaipur & Bikaner

• In 2008 State Bank of Saurashtra merged with SBI

• In 2010 State Bank of Indore merged with SBI

List of Banks Nationalized on 19Th July,1969::

List of 14 Banks Nationalized on 09Th July,1969
Allahabad Bank
Bank of Baroda
Bank of Maharashtra
Bank of India
Central Bank of India
Canara Bank
Dena Bank
Indian Bank
Indian Overseas Bank
Punja National Bank
Syndicate bank
Union Bank of India
United Commercial Bank
United Bank of India

List of Banks Nationalized on 15Th April,1980::

List of Banks Nationalized on 15Th April,1980
Andhra Bank
Corporation Bank
New Bank of India
Oriental Bank of Commerce
Punjab and Sindh Bank
Vijaya Bank

• In 1993 New Bank of India merged with Punjab National Bank