Banking & Financial Awareness Questions and Answers Pdf - 1

Question: 1

The rate of interest on Savings Bank Account is stipulated by

(A) The concerned bank

(B) Banking Codes and Standards Board of India

(C) Government of India

(D) RBI

Ans: D

RBI

Question: 2

Mutual funds are regulated by

(A) IRDA

(B) Reserve Bank of India

(C) Association of Mutual Funds of India (AMFI)

(D) Securities and Exchange Board of India (SEBI)

Ans: D

Securities and Exchange Board of India (SEBI)

Question: 3

Where is the headquarter of Reserve Bank of India?

(A) Ahmedabad

(B) Delhi

(C) Kolkata

(D) Mumbai

Ans: D

Mumbai

Question: 4

When was Reserve Bank of India Nationlised?

(A) 1947

(B) 1948

(C) 1949

(D) 1950

Ans: C

1st January, 1949

Question: 5

SEBI was first established in

(A) 1988

(B) 1990

(C) 1992

(D) 1993

Ans: A

12 April 1988

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