On this page we bring to you 50 important questions on various aspects of banking namely bank rates, bank ratios and transactions of various kinds. Also are included questions on Reserve Bank of India, Regional Rural Banks and nationalised banks of India. Lastly, some important aspects related to currency are also taken up. The readers appearing for competitive examinations and bank interviews will find them extremely helpful.

Directions: Given below are 50 Questions on Banking with four options each. Click on the option which you think is the RIGHT ANSWER to the question.

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1. The rate at which the Reserve Bank of India lends money to commercial banks is known as –

2. The 2000 rupee note launched in 2016 (now withdrawn) had the image of -

3. Which of the following banks was inaugurated by Mahatma Gandhi in 1919?

4. After State Bank of India, which of the following banks has the highest number of branches?

5. Where in Karnataka is Reserve Bank of India's Note Press located?

6. Which of the following associates of SBI was merged with it before 2017?

7. The rate at which Reserve Bank of India borrows money from banks is known as -

8. Expand the term EMI as used in banking/finance sector.

9. Bank rate is decided by which of the following?

10. With which of the following types of loans are teaser rates related?

11. What is minimum limit for an RTGS transaction?

12. National Institute of Bank Management is located at -

13. In which year was the decimal system of currency introduced in India?

14. The ratio of bank's capital to its assets is known as -

15. The reserves held by Commercial Banks over and above the statutory minimum, with the RBI are called

16. In which year was the Imperial Bank of India rechristened as State Bank of India?

17. Banking in India is controlled by -

18. The Imperial Bank of India, after its nationalization came to be known as

19. Upto what denomination can coins be issued by the Reserve Bank of India?

20. The headquarters of Asian Development Bank are located in -

21. The minimum percentage of demand and time liabilities which a bank has to maintain in the form of liquid assets is known as –

22. Which of the following currency notes has the image of the Parliament of India?

23. Prathama Grameen Bank, the first Regional Rural Bank (RRB) was sponsored by -

24. Who appoints the Chairman of a Regional Rural Bank?

25. The new 200 rupee note has the image of -

26. What is the share of Central Govt in the capital of a Regional Rural Bank?


27. The share of sponsor bank in the capital of a Regional Rural Bank is -

28. Who became the first Chairman of the State Bank of India in 1935?

29. The headquarters of National Housing Bank are located in -

30. Which of the following established the first Mutual Fund in India?

31. Which was the first bank to introduce internet banking in India?

32. MDR with respect to banking stands for -

33. Which of the following countries has pound as its currency?

34. Which bank in India was the first to launch mutual funds?

35. Which of the following is a foreign bank in India?

36. Regional Rural Banks are sponsored by -

37. Prior to 2016, in which year were high value currency notes demonitized in India?

38. The headquarters of European Central Bank which administers the currency Euro are in -

39. Whose image is featured on US one-dollar bill?

40. In which year was the Reserve Bank of India established?

41. Which of the following is the apex institution which handles refinance for agriculture and rural development in India?

42. With which of the following is the SARFAESI Act, 2002 related?

43. ATMs that are owned and managed by non-banking entities are known as -

44. In which denomination were India's first bimetallic coins issued in the year 2009?

45. Before the introduction of the decimal system of currency in India, one rupee consisted of how many annas?

46. Which bank was set up on the recommendations of Hilton Young Commission?

47. With which bank has the Bhartiya Mahila Bank been merged?

48. Who of the following was the first Governor of Reserve Bank of India?

49. How many former Governors of Reserve Bank of India have held the position as India's Finance Minister?

50. In which 2 years did the nationalisation of banks take place in India?