IBPS, SBI, RBI Banking Current Affairs Questions and Answers - 1

Question: 1

Which of the following is NOT a foreign bank operating in India?

(A) NSBC

(B) Standard Charted Bank

(C) Yes Bank

(D) ABN Amro

Ans: C

Yes Bank

Question: 2

Which bank became the first bank to open its branch in China?

(A) Punjab National Bank

(B) IDBI Bank

(C) HDFC Bank

(D) State Bank of India

Ans: D

State Bank of India

Question: 3

The Industrial Development Bank (IDBI) started functioning in

(A) 1950

(B) 1952

(C) 1964

(D) 1972

Ans: C

1964

Question: 4

NABARD was established on the recommendation of

(A) Narsimham Committee

(B) Shivaraman Committee

(C) Public Accounts Committee

(D) None of these

Ans: B

Shivaraman Committee

Question: 5

IRDA is associated with

(A) Banking

(B) Insurance sectors

(C) Railways

(D) Telecommunication

Ans: B

Insurance sectors

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