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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