Banking System MCQ (GK Set-1) with Answers

Banking System MCQ (GK Set-1) with Answers

31) What does M in M-Banking Facility being offered by banks to their customers, stand for?

Answer is:

Mobile Phone

32) Which of the following is/are true about the Sub-Prime Crisis?

Answer is:

All 1, 2, and 3

33) At which of the following cities is the Head Office of Reserve Bank of India located?

Answer is:

Mumbai

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

Answer is:

Excess reserves

35) In which year was the Imperial Bank of India rechristened as State Bank of India?

Answer is:

1955

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