General Knowledge Questions and Answers for Bank Exams

17. Which one of the following rates is NOT determined by the Reserve Bank of India?
  A.  CRR
  B.  SLR
  C.  Repo Rate
  D.  Prime Lending Rate
Answer
Ans: D
Prime Lending Rate
18. Which one of the following banks give long term loans to agriculture?
  s A.  Primary Credit Society
  B.  Land Development Bank
  C.  Commercial Bank
  D.  State Co-operative Bank
Answer
Ans: D
State Co-operative Bank
19. The Reserve Bank of India issues notes under the following note issued method
  A.  Minimum reserve system
  B.  Maximum fiduciary system
  C.  Proportional reserve system
  D.  Fixed fiduciary system
Answer
Ans: A
Minimum reserve system
20. Open market operations by a Central Bank involves
  A.  Changing the reserve ration up and down
  B.  Increase or decrease of discount rate
  C.  Sale and purchase of government securities
  D.  Raising or lowering of marginal requirements
Answer
Ans: C
Sale and purchase of government securities
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