General Knowledge Questions and Answers for Bank Exams

9. Which among the following is an asset for a Commercial Bank?
  A.  Credit to farmers
  B.  Demand deposits of Industries
  C.  Deposit of public
  D.  Borrowing from RBI
Answer
Ans: D
Borrowing from RBI
10. Which amongst the following organisations make major credit policies for the Regional Rural Banks (RRBs)?
  A.  NABARD
  B.  World Bank
  C.  Asian Development Bank
  D.  State Bank of India
Answer
Ans: A
NABARD
11. Rate of interest is determined by
  A.  Liquidity Preference
  B.  Commercial Banks
  C.  Central Government
  D.  The rate of return on the capital invested
Answer
Ans: B
Commercial Banks
12. According to the World Bank Report India is a
  A.  Developing Country
  B.  Low Income Country
  C.  Development Country
  D.  Rich Country
Answer
Ans: B
Low Income Country
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