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8/14/2018 100 Most Important Banking Awareness One Liner for IBPS Mains 2017

100 Most Important Banking Awareness One Liner


for IBPS RRB PO/Clerk Mains 2017 (Day-4) |
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100 Most Important Banking Awareness One Liner for IBPS RRB PO/Clerk Mains
2017 (Day-4):

Dear Readers, IBPS RRB PO/Clerk Mains examination is approaching very shortly, we hope
that all you have started you preparation well. To make your Preparation Perfect we have
planned to provide 100 Most Important Banking One Liners regularly, which will cover all
important points about Banking Awareness. Aspirants those who are preparing for IBPS RRB
PO/Clerk Mains examination can make use this.

In upcoming days we will provide more set of 100 Most Important Banking One Liners,
follow us daily.

A2Z Banking Awareness Capsule especially for IBPS


RRB/Clerk/PO 2017-18

TOP 2000 – Important Banking Awareness Questions


eBook
First among All Banks

1). Which is the first Bank to introduce Mutual Fund in India -State Bank of India

2). Which is the first Bank to introduce Internet Banking in India – ICICI Bank

3). Which of the following is the first Indian Bank started with Indian capital –
Punjab National Bank

4). First Bank in India to launch Talking ATMs for differently able person is – Union
Bank Of India

5). Which of the following is the first bank in India to launch its own Payment
Aggregators – State Bank of India

6). The first Bank in India to launch Green Bonds at London Stock Exchange is – Axis
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8/14/2018 100 Most Important Banking Awareness One Liner for IBPS Mains 2017

7). The first Bank in India to launch Masala Bonds at London Stock Exchange is –
HDFC bank

8). Which Bank introduced the India’s first banking robot Lakshmi – City Union Bank

9). Which of the following introduced ‘Software Robotics’ to power banking


operations – ICICI Bank

10). The newly introduced banking Robot Lakshmi can interact with customers on
more than ______ subjects. – 125

11). Which of the following bank is the largest Foreign Bank in India – Standard
Chartered Bank

12). The oldest joint stock public bank in India is – Allahabad bank

13). Which is an old private sector bank of India – Federal Bank

14). Which of the following private sector banks was merged with Bank of Rajasthan
– ICICI Bank

15). Which was the first foreign bank to open a branch in India – Comptoired’Escompte
de Paris

16). Which of the following bank was merged with Punjab National Bank in 1993 –
New Bank of India

17). Which of the following bank is the first Cooperative Bank of India (also in Asia)
– Anyonya Cooperative Bank

18). Which of the following is the first bank in India listed in New York Stock
Exchange (NYSE) – ICICI Bank

19). Which of the following is the first bank to introduce Aadhaar based ATM in India
– DCB Bank

20). Which private sector bank is merged with ING Vysya Bank – Kotak Mahindra Bank

21). Which of the following bank started Prathama Grameen Bank India’s first
Regional Rural Bank – Syndicate bank

22). Which of the following is the first bank to introduce Biometric ATM in India –
Axis Bank

23). Which Indian Bank has most number of foreign branches – Bank of Baroda

24). Which is the oldest bank in India – State Bank of India

Money Market Instruments


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25). Money market instruments has maturity period – Less than a year

26). In Inter bank market operations where funds are borrowed and lent for 1 day
or less is known as – Call money

27). Where money is borrowed or lend for a period exceeding 14 days is known as –
Term Money

28). Capital Market is used for ______ purpose. – Long term

29). Who issues Treasury bills (T-bills) in India – Government of India

30). The maximum time period of T-Bills is – 364 days

31). The minimum amount for which T-Bills issued in India is – 25,000

32). What is the maximum amount for which T-bills are issued in India – T-Bills
doesn’t have any upper ceiling

33). The Reserve bank of India conducts 91 day T-Bill auction – Every Wednesday

34). What does first S stands for in MSS – Stabilization

35). Cash Management Bills in India are non-standard, discounted instruments


issued for maturities less than ______ days. – 91

36). T-bills auctions are held on ______ platform. – Negotiated Dealing system

37). All of the following are money market instruments except – Indian Depository
Receipt

38). Commercial Paper (CP), a money market instrument which was introduced in –
1990

39). What does F stands for in FIMMDA – Fixed

40). The minimum denomination for which Commercial Paper can be issued is Rs–
5,00000

41). The maximum maturity period of Commercial Paper (CP) is – 1 year

42). What is the minimum maturity period of Commercial Paper – 7 days

43). The headquarter of FIMMDA is in – Mumbai

44). Corporate’s with minimum net worth of _____ only allowed to issue Commercial
Paper. – 4 Cr

45). The minimum credit rating required by corporates and other issuer to issue
Commercial Paper is – A-2

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46). Which of the following institutions cannot issue Commercial Paper (CP) –
Scheduled Commercial Banks

47). For issuance of CP , only Scheduled Banks allowed to act as – IPA

48). The minimum deposit under Certificate of Deposit (CD) is Rs – 1,00000

49). What is the maximum amount for which CDs can be issued – No such limit

50). The minimum maturity period of a CD issued by a bank is – 7 days

51). What is the maximum maturity period of a CD issued by a bank – 1 year

52). The minimum maturity period of a CD issued by the Financial Institution is – 1


year

53). The maximum maturity period of a CD issued by the Financial Institution is – 3


year

54). Which of the following cannot issue the Certificate of Deposit (CD) – Regional
Rural Banks, Local Area Banks

55). What does B stands for in ABCP – Backed

Regional Rural Banks

56). Regional Rural Banks (RRB) were established in – 1975

57). RRB was established under recommendation of ______ Committee. – Narsimhan


Committee

58). The Regional Rural Banks were owned by– Central Government, State
Government , Sponsor Banks

59). The first RRB is ______, was established in Uttar Pradesh. – Prathama Gramin
Bank

60). The regularity authority of RRB is – RBI, NABARD

61). In India all states have RRB except – Sikkim, Goa

62). In RRB, the percentage share of Government of India is – 50%

63). In RRB, the percentage share of concerned State Government is – 15%

64). In RRB, the percentage share of Sponsor Bank is – 35%

65). Prathama Bank is the first Regional Rural Bank of India, sponsored by –
Syndicate Bank

66). In RRB, financial regulations are monitored by – RBI


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67). Supervisory powers of RRB have been vested by – NABARD

68). Under Priority Sector Lending RRB’s can give loans to – Agriculture, Micro Small
and Medium Enterprises, Housing

69). Under Priority Sector Lending RRB’s must give ______ percent of total
outstanding to Agriculture sector. – 18%

70). Under Priority Sector Lending RRB’s must give ______ percent of total
outstanding to Micro enterprises sector. – 7.5%

71). The authorized capital of Regional Rural Banks (RRB) was increased from 5 cr
to ______cr under the New Regional Rural Banks (Amendment) Bill, 2014. – 2000 cr

Explanation: Authorized capital is increased from 5 crore to 2000 crore.

72). Under the New Regional Rural Banks (Amendment) Bill, 2014 the paid up
capital should be minimum Rs______ cr. – 1 cr

73). Under the New Regional Rural Banks (Amendment) Bill, 2014 minimum tenure
of Directors is ______ years and maximum is ______ years. – 3 and 6

74). Reserve Bank of India has raised the ceiling of gold loans given by Regional
Rural Banks to Rs ______from Rs ______. – 2 lakh from 1 lakh

75). The state which has highest number of Regional Rural Banks is – Uttar Pradesh

76). Which committee recommended to permit RRBs to invest in Non-SLR surplus


funds in profitable areas – Bhandari

77). Which committee recommended for the amalgamation of RRBs – Vyas

78). Which committee reviewed the financial position of all RRB’s in 2010 and
recommended Recapitalization – K.C. Chakravarthy

79). Regional Rural Bank Act was passed in – 1976

80). RRB’s can maintain lower level of SLR than______– commercial bank

81). The first fully computerized RRB is– South Malabar Grameen Bank

82). Regional Rural Banks are classified under – Commercial Banks

83). Minimum Capital to Risk Weighted Assets Ratio (CRAR) of RRBs which they
have to maintain – 9%

84). The Budget provision for recapitalization of RRBs is Rs ______ cr. – 15

85). The Combined Capital of the Centre, State Government and Sponsor Banks will
not come down below – 51%
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86). The issued capital of the Regional Rural Banks was to be subscribed as under –
50% by Central Government

87). The external advisory Committee of “Small Finance Bank” was headed by –
UshaThrat Committee

88). The minimum paid-up equity capital for small finance banks shall be Rs – 100 cr

89). Small Finance Banks are registered as public limited companies under the –
Companies Act, 2013

90). Small Finance Bank are licensed under ______ of the Banking Regulation Act,
1949. – Section 22

91). Resident individuals/professionals with ____ of experience in banking and


finance will be eligible to set up small finance banks. – 10 years

92). Small Finance Banks will have to extend ______ of its credit to sectors
classified under priority sector lending (PSL). – 75%

93). The initial stake of promoters in the paid – up equity capital of Small Finance
Banks is – 40%

94). If the promoter setting up a Small Finance Bank wish for to set up a Payments
Bank, the firm should set up both types of Banks under a ______ structure. – NOFHC

95). The Small Finance Bank cannot be a ______ for another bank. – Business
Correspondent(BC)

96). The stake of promoter should be 40% minimum atleast for ______ years in
Payment Bank. – 5

97). According to RBI guidelines, which of the following is / are allowed to set up
Small Finance Bank – MFI, LAB, NBFC

98). In Small Finance Bank, the Foreign share holding will be ______ as per the
rules of FDI in private banks in India. – 74%

99). The Small Finance Bank’s promoters stake in the paid-up equity capital will be
40% initially which must be brought down to ______ in 12 years. – 26%

100). Small Finance Bank shall be required to maintain a minimum CAR of ______ of
its risk weighted assets (RWA) on a continuous basis, subject to any higher
percentage as may be prescribed by RBI from time to time. – 15%

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