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DescriptionBANKING QUESTIONS and Answers exams contains the questions from various competitive exams.These questions are the part of previous year paper.These kind of questions would be helpful in preparing for exams like IAS, PCS, UPSC, NDA, CDS SSC, RRB, PSC, IBPS

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Question: The reserve Bank of India will be assisting banks as a temporary measure, by providing additional liquidity support under LAF. What is the full form of LAF?

Answer:Liquidity Adjustment Facility

Question: Net Working Capital means:

Answer:Current Assets minus Current Liabilities

Question: The Indian scheme ranked as the world's largest public works programe by the world bank


Question: The Indian insurance Company granted permission to start operations in Bangladesh recently:

Answer:LIC of India

Question: India's economic growth forecast for 2015-16 as announced by the RBI on 2nd June

Answer:None of these

Question: The present Repo rate as announced by the RBI is:

Answer:7.25 percent

Question: The bank which has launched a voice recognition service to identify and authenticate customers –


Question: The annual remuneration on nonexecutive director of private banks fixed by the RBI recently –

Answer:10 lakhs

Question: In Call money markets _______ are allowed to trade:

Answer:Only Banks

Question: KYC guidelines have been framed on the basis of four core components. Which of the following is not core component:

Answer:Management of Operational risk

Question: The loan values in Retail banking generally range between:

Answer:Rs.20,000-Rs.One crore

Question: Participatory notes are Contract notes issued by Foreign Institutional Investors (FII) to other entities that want to invest in Indian markets but are not interested in registering themselves with:


Question: In Internet banking, without involving another bank, what can be done?

Answer:Customer funds can be transferred

Question: The aim of a Balanced Mutual Fund is:

Answer:Investment Both in a growth and regular fund balancing the risk

Question: As per RBI guidelines which of the following is/are correct in respect of classification criteria for opening Bank Branches

Answer:All the above

Question: Garnishee order is issued by a __


Question: What is the Full form of MUDRA?

Answer:Micro Units Development and Refinance Agency Ltd

Question: The head of the RBI's Committee on financial inclusion is:

Answer:Deepak Mohanty

Question: The new MD and CEO of Credit information Bureau India Ltd (CIBIL) is :

Answer:Satish Pillai

Question: The new MD and CEO of the National Housing Bank (NH(b)

Answer:Sriram Kalyanram