Top 1000+ General Awareness Questions for Bank Exams - 5
Question: 21
What is the full form of NBFC as used in the financial sector?
(A) New business Finance and credit
(B) New Banking Finance Company
(C) National Banking and Finance Corporation
(D) None of the above
Ans: A
New Banking Finance Company
Question: 22
The functions of the Lead Bank are performed by
(A) Any Bank
(B) Reserve Bank of India
(C) A bank designed for this purpose
(D) State Bank of India
Ans: C
A bank designed for this purpose
Question: 23
In India, the first bank of limited liabilities managed by Indians and founded in 1881 was
(A) Punjab National Bank
(B) Oudh Commercial Bank
(C) Hindustan Commercial Bank
(D) Punjab and Sind Bank
Ans: B
Oudh Commercial Bank
Question: 24
If the Cash Reserve Ratio (CRR) is lowered by the RBI, its impact on credit creation will be
(A) Increase
(B) Decrease
(C) No impact
(D) None of these
Ans: A
Increase
Question: 25
Which of the following terms if NOT used in the field of Banking and Finance?
(A) Base line
(B) RTGS
(C) GBC
(D) Overdraft
Ans: C
GBC
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