Banking Awareness Questions and Answers

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Banking Awareness Questions with Answers are crucial for candidates preparing for IBPS, SBI, RBI, and other banking exams. These questions cover key banking concepts such as monetary policy, RBI functions, financial institutions, and digital banking. Many banking awareness questions also appear in interview rounds and placement papers, making this topic essential for both written and verbal assessments. Each question includes detailed explanations that strengthen your understanding of the Indian financial system. Practicing company-wise interview questions and placement papers with answers helps candidates perform confidently in the final rounds. Download banking awareness practice PDFs or attempt online quizzes to stay updated with the latest financial trends.

Covers banking terminology and concepts. Pair this with bank test GK and economic banking

Banking Awareness

Showing 10 of 150 questions

71. Which committee recommended tax on Agriculture Holdings ?

  • Bhootlingam Committee
  • Wanchoo Committee
  • Raj Committee
  • None of these
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72. The Present Service Tax rate is-

  • 8%
  • 15%
  • 10%
  • 12%
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73. The cause of deflation is-

  • Lack of goods and services as compared to money supply
  • Lack of imports as compared to exports
  • Lack of money supply as compared to supply of goods and services
  • None of these
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74. Which of the following is a better measure of economic development ?

  • Employment
  • Size of exports
  • Rural consumption
  • National Income
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75. Which bank in India performs duties of Central Bank ?

  • Central Bank of India
  • State Bank of India
  • Reserve Bank of India
  • Above (A) and (B)
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76. Out of one Rupee expenditure, how much paise have been allotted for subsidy in 2009-10 interim budget proposals ?

  • 12 paise
  • 10 paise
  • 9 paise
  • 7 paise
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77. ‘India Brand Equity Fund’ was established in-

  • 1996
  • 1997
  • 1995
  • 1992
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78. Mixed Economy means-

  • Co-existence of small and large industries
  • Promoting both Agriculture and Industries in the economy
  • Co-existence of public and private sectors
  • Co-existence of rich and poor
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79. Ministry of HRD has announced to hike FDI limit in Education to-

  • 65%
  • 70%
  • 75%
  • 100%
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80. ‘Pure Banking, Nothing Else’ is a slogan raised by-

  • ICICI Bank
  • HDFC Bank
  • SBI
  • UTI Bank
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