GK Questions and Answers for IBPS Bank Exams

5. When was the decimal system of currency introduced in India?
  A.  1947
  B.  1948
  C.  1949
  D.  1950
Answer
Ans: D
1950
6. When was the IDBI (Industrial Development Bank of India) instituted?
  A.  1964
  B.  1972
  C.  1981
  D.  1995
Answer
Ans: A
1964
7. Who among the following is most benefitted from inflation?
  A.  Debtors
  B.  Creditors
  C.  Saving Bank Account holders
  D.  Government pensioners
Answer
Ans: A
Debtors
8. Ten rupee notes bear the signature of
  A.  President
  B.  Governor, Reserve Bank of India
  C.  Finance Minister
  D.  Secretary, Ministry of Finance
Answer
Ans: B
Governor, Reserve Bank of India
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