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  • IBPS Clerk CWE Exam General Awareness Study Material

Digitization help student to explore and study their academic courses online, as this gives them flexibility and scheduling their learning at their convenience. Kidsfront has prepared unique course material of General Awareness Banking Knowledge for IBPS Clerk CWE Exam student. This free online General Awareness study material for IBPS Clerk CWE Exam will help students in learning and doing practice on Banking Knowledge topic of IBPS Clerk CWE Exam General Awareness. The study material on Banking Knowledge, help IBPS Clerk CWE Exam General Awareness students to learn every aspect of Banking Knowledge and prepare themselves for exams by doing online test exercise for Banking Knowledge, as their study progresses in class. Kidsfront provide unique pattern of learning General Awareness with free online comprehensive study material and loads of IBPS Clerk CWE Exam General Awareness Banking Knowledge exercise prepared by the highly professionals team. Students can understand Banking Knowledge concept easily and consolidate their learning by doing practice test on Banking Knowledge regularly till they excel in General Awareness Banking Knowledge.


Banking Knowledge
In which year was RBI nationalized?

a) 1959
b) 1967
c) 1949
d) 1964



Answer
Solution
Correct Answer Is : 1949
Solution Is : RBI was nationalised in 1949 .
The Cash Reserve Ratio is a tool of

a) Agricultural policy
b) Fiscal policy
c) Tax policy
d) Monetary policy



Answer
Solution
Correct Answer Is : Monetary policy
Solution Is : The Cash Reserve Ratio is a tool of monetary policy
The "3B`s" - brokers, bankers and businessmen were responsible for

a) French Revolution
b) First World War
c) The Great depression
d) Russian revolution



Answer
Solution
Correct Answer Is : The Great depression
Solution Is : Brokers, Bankers, and Businessmen were responsible for the crash and great depression
ATM Means

a) Automated Teller Machine
b) Any Time Money
c) All Time Money
d) Automatic Teller Machine



Answer
Solution
Correct Answer Is : Automated Teller Machine
Solution Is : ATM stands for Automated Teller machine
In accordance with the directions of RBI, banking facilities are required to be provided at all places having population of more than 2000 by the end of

a) March, 2015
b) March, 2014
c) March, 2013
d) March, 2012



Answer
Solution
Correct Answer Is : March, 2013
Solution Is : The Reserve Bank of India has extended the time up to March 2013
Who fixes the REPO rate of India?

a) WTO - World Trade Organization
b) SEBI - Securities and Exchange Board of India
c) RBI - Reserve Bank of India
d) IMF



Answer
Solution
Correct Answer Is : RBI - Reserve Bank of India
Solution Is : RBI - Reserve Bank of India fixes the REPO rate of India.
An indirect instrument of monetary policy is

a) Open market operations
b) Statutory liquidity ratio
c) Bank rate
d) Cash Reserve ratio



Answer
Solution
Correct Answer Is : Open market operations
Solution Is : An indirect instrument of monetary policy is Open market operations.
One of the following is NOT a component of foreign exchange reserves in India

a) Gold stock RBI
b) SDR holdings of government
c) Foreign exchange assets of RBI
d) Foreign exchange assets of government



Answer
Solution
Correct Answer Is : Foreign exchange assets of RBI
Solution Is : " Foreign exchange assets of RBI " is NOT a component of foreign exchange reserves in India.
Which one of the following is not a quantita-tive credit control measure of a Central Bank ?

a) Bank Rate Policy
b) Open market Operations
c) Moral Suasion
d) Cash reserve ratio



Answer
Solution
Correct Answer Is : Moral Suasion
Solution Is : Moral suasion is not a quantitative credit control measure of Central Bank.
The fourteen major banks in India were nationalized in the year

a) 1967
b) 1968
c) 1969
d) 1971



Answer
Solution
Correct Answer Is : 1969
Solution Is : The Fourteen Major Commercial Banks in India were nationalized on 19th July 1969.

Preparation for Exams

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