General Knowledge MCQs with answers Page - 84

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Q. What is a Cross cheque ?

  • (A) which can be encashed only by the drawee
  • (B) which can be encashed only through a bank
  • (C) which can be encashed only at the State Bank of India
  • (D) which can be encashed only after it has been transferred to another person

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Q. Name the only President to have been elected for two consecutive terms?

  • (A) APJ Abdul Kalam
  • (B) Pratibha Patil
  • (C) Dr Zakir Hussain
  • (D) Rajendra Prasad

A

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Q. The name of the first bank established in India was

  • (A) Imperial Bank
  • (B) State Bank of India
  • (C) Bank of Hindustan
  • (D) Reserve Bank of India

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Q. Who served as the first Deputy Prime Minister of independent India ?

  • (A) Sardar Vallabhbhai Patel
  • (B) C. Rajagopalachari
  • (C) K. Kamaraj
  • (D) Morarji Desai

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Q. Which of the following is not an affiliate of the Reserve Bank of India ?

  • (A) Unit Trust Of India
  • (B) Deposit insurance Corporation
  • (C) Agricultural Refinance Corporation
  • (D) The Industrial Development Bank of India

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Q. Which of the following is not an asset held by commercial banks ?

  • (A) Bills of exchange
  • (B) Current account deposits
  • (C) Money lent at short notice
  • (D) Credit balances with the Reserve Bank

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Q. Which of the following provides the largest part of the demand for loanable funds in India ?

  • (A) Farmers
  • (B) Private-house purchasers
  • (C) Hire-purchase borrowers
  • (D) Corporate businesses

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Q. Who amongst the following was never a Governor of the RBI ?

  • (A) Y. V. Reddy
  • (B) Bimal Jalan
  • (C) Arup Roy Choudhury
  • (D) Rangarajan

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Q. In India, which of the following have the highest share in the disbursement of credit to agriculture and allied activities ?

  • (A) Commercial Banks
  • (B) Cooperative Banks
  • (C) Regional Rural Banks
  • (D) Microfinance Institutions

A

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Q. Private Sector Mutual Funds in India were permitted in

  • (A) 2001
  • (B) 1994
  • (C) 1993
  • (D) 1964

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