1000+ General Knowledge Quiz for Bank Clerk Exam - 2

Question: 6

India’s largest Commercial Bank is

(A) Bank of India

(B) Indian Overseas Bank

(C) State Bank of India

(D) Central Bank of India

Ans: C

State Bank of India

Question: 7

The head office of the State Bank of India (SBI)is located in

(A) Mumbai

(B) Pune

(C) New Delhi

(D) Kolkata

Ans: A

Mumbai

Question: 8

When Reserve Bank of India announces an increase of the Cash Reserve Ratio (CRR), what does it mean?

(A) The commercial banks will have move money to lend

(B) The Union Government will have less money to lend

(C) The Reserve Bank of India will have less money to lend

(D) The Commercial banks will has been money to lend

Ans: D

The Commercial banks will has been money to lend

Question: 9

Which of the following acts as a mediator between those who have surplus funds and those who are in need of these funds?

(A) RBI

(B) Bank

(C) The government

(D) The president

Ans: B

Bank

Question: 10

High rates of interest in a law inflation regime

(A) Are not favourable for credit expansion

(B) Create atmosphere for capital formation

(C) Discourage people to make an investment

(D) Attract people to make an investment

Ans: C

Discourage people to make an investment

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