WorksheetsBANKING
Total questions: 10
Worksheet time: 5mins
Banking Regulation Act
1949
1947
1934
1946
Banking in India is controlled by :
Reserve Bank of India
Union Finance Commission
Union Ministry of Finance
Union Ministry of Commerce
We should keep our savings with banks because
It is safe
Earns interest
Can be withdrawn anytime
All of above
KYC means
Know your customer
Know your character
Both of above
None of above
Bank does not provide loans for
Crop loans
Education loans
Home loans
Drinking & Gambling
Interest on Savings Bank Deposits is paid
Every month
Quarterly
Half yearly
Yearly
When did Reserve Bank of India (RBI) formed?
1935 april 1
1934 april 1
1949 april 1
1936 april1
When did Reserve Bank of India (RBI) Nationalised ?
1934
1947
1949
1935
Which type of deposits gives highest rate of interest?
Current deposit
Fixed deposit
Recurring deposit
None of these
Which of the following is not the function of the commercial bank?
Issue of paper notes.
Acceptance of deposits
Advancing loans
Credit control
