BANKING AWARENESS FOR SBI PO, CLERK&BOB ACTUAL EXAM LATEST VERSIONS NEW UPDATED VERIFIED QUESTIONS AND WELL DETEILED CORRECT ANSWEARS || ALREADY GRADED A+

BANKING AWARENESS FOR SBI PO, CLERK&BOB
ACTUAL EXAM LATEST VERSIONS NEW
UPDATED 2024-2025 VERIFIED QUESTIONS
AND WELL DETEILED CORRECT ANSWEARS ||
ALREADY GRADED A+

Savings Bank Interest Rates
- CORRECT ANSWERS - Rates set by banks for savings accounts.


Fixed Deposit Interest Rates
- CORRECT ANSWERS - Interest rates for fixed-term deposits.


Loan Rates
- CORRECT ANSWERS - Interest rates charged on borrowed funds.


Bank
- CORRECT ANSWERS - Institution attracting deposits and lending money.


Mobile Bank Accounts
- CORRECT ANSWERS - Bank accounts accessible via mobile devices.


Banking Regulation Act 1949
- CORRECT ANSWERS - Legislation controlling banking activities in India.


SBI
- CORRECT ANSWERS - Largest Public-Sector Bank in India.


ICICI
- CORRECT ANSWERS - Largest Private Sector Bank in India.

,Standard Chartered Bank
- CORRECT ANSWERS - Largest Foreign Bank operating in India.


Bank of Hindustan
- CORRECT ANSWERS - First bank established in India, 1770.


General Bank of India
- CORRECT ANSWERS - Second bank established in India, 1786.


Imperial Bank of India
- CORRECT ANSWERS - Oldest commercial bank in India, formed 1921.


HSBC
- CORRECT ANSWERS - First bank to introduce ATM in India, 1987.


SEBI
- CORRECT ANSWERS - Capital Market Regulator in India.


Central Bank of India
- CORRECT ANSWERS - First public bank to introduce credit cards.


Mobile ATM
- CORRECT ANSWERS - First introduced by ICICI Bank.


Bank of Baroda
- CORRECT ANSWERS - Bank with maximum overseas branches in India.


Talking ATM
- CORRECT ANSWERS - First launched by UBI for visually impaired.


NPCI

,- CORRECT ANSWERS - Launches rural bank ATM cards in India.


Canara Bank
- CORRECT ANSWERS - First Indian bank to receive ISO certification.


Punjab National Bank
- CORRECT ANSWERS - First Indian bank with solely Indian capital.


Reserve Bank of India
- CORRECT ANSWERS - India's central banking institution, established 1935.


Mrs. Osborne Smith
- CORRECT ANSWERS - First Governor of the Reserve Bank of India.


Mr. C. D. Deshmukh
- CORRECT ANSWERS - First Indian Governor of the Reserve Bank.


Presidency Bank
- CORRECT ANSWERS - First bank to introduce savings account in India.


Bengal Bank
- CORRECT ANSWERS - First bank to introduce cheque system in India.


Internet Banking
- CORRECT ANSWERS - First introduced by ICICI Bank in India.


Mutual Fund
- CORRECT ANSWERS - First introduced by State Bank of India.


Plastic Money
- CORRECT ANSWERS - Common term for credit cards.

, Open Market Operations
- CORRECT ANSWERS - Conducted by RBI to manage liquidity.


CRR
- CORRECT ANSWERS - Cash Reserve Ratio, a monetary policy tool.


SLR
- CORRECT ANSWERS - Statutory Liquidity Ratio, a banking regulation.


Repo Rate - CORRECT ANSWERS - Rate at which RBI lends to banks.


Reverse Repo Rate - CORRECT ANSWERS - Rate at which RBI borrows from banks.


DICGC - CORRECT ANSWERS - Insures bank deposits up to Rs. 100,000.


B.P. Kanungo - CORRECT ANSWERS - Chairman of DICGC.


BRBNMPL - CORRECT ANSWERS - Subsidiary printing bank notes for RBI.


Foreign Exchange Management Act, 1999 - CORRECT ANSWERS - Regulates foreign exchange
transactions in India.


SPMCIL - CORRECT ANSWERS - Security Printing and Minting Corporation of India Limited.


Objective of Currency Supply - CORRECT ANSWERS - Ensure adequate quality and quantity of
currency.


Bank Note Presses - CORRECT ANSWERS - Facilities printing bank notes in small quantities.


Security Paper Mill - CORRECT ANSWERS - Produces various security papers for currency.


Banker to Government - CORRECT ANSWERS - Performs merchant banking for central and state
governments.