Banking System MCQ (GK Set-1) with Answers

Banking System MCQ (GK Set-1) with Answers

41) Expand the term LIBOR as used in financial banking sectors?

Answer is:

London Inter Bank Offered Rate

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

Answer is:

NABARD

43) In which denomination were India’s first bimetallic coins issued in the year 2009?

Answer is:

Rs. 10

44) Which of the following is not the function of the Reserve Bank of India ?

Answer is:

Issuing of one rupee notes and coins

45) With which of the following is SARFAESI Act 2002 related?

Answer is:

Recovery of bad loans

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