IBPS, SBI, RBI Banking Current Affairs Questions and Answers - 2

Question: 6

Which of the following is not an asset held by Commercial Banks?

(A) Current account deposits

(B) Money lend at short notice

(C) Bills of exchange

(D) Credit balances with the Reserve Bank

Ans: A

Current account deposits

Question: 7

Which of the following banks is a nationalized bank?

(A) Yes Bank

(B) Reserve Bank of India

(C) Saraswat Co-operative Bank

(D) ICICI Bank

Ans: B

Reserve Bank of India

Question: 8

When was the Reserve Bank of India taken over by the Government?

(A) 1944

(B) 1945

(C) 1948

(D) 1951

Ans: C

1948

Question: 9

The National Housing Bank is a subsidiary of

(A) NABARD

(B) Reserve Bank of India

(C) Unit Trust of India

(D) Reserve Bank of India

Ans: D

Reserve Bank of India

Question: 10

How many Banks were nationalised in 1969?

(A) 12

(B) 14

(C) 20

(D) 22

Ans: B

14

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