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GK Quiz – Current Affairs – General Knowledge

Bank Exam Questions and Anwers Set- 3

Set 3 – Bank Exam GK Questions and Anwers | SBI, IBPS PO, RBI and Bank Clerk

Bank Exam GK – Set 3:- Below are the questions and answers of Banking GK Questions Section-3, All Bank related questions published in this section will be important and helpful for you in all banking exams like SBI, IBPS PO, RBI and Bank Clerk etc.


Question 1. Which of the following benefits from inflation?

  1. Lender
  2. Savior
  3. Indebted
  4. Central Government

[su_spoiler title = “Show Answer” style = “fancy”]Answer: indebted[/su_spoiler]


Question 2. Which bank is the largest commercial bank in the country in India

  1. Bank of Baroda
  2. World Bank
  3. State Bank of India
  4. Punjab National Bank

[su_spoiler title = “Show Answer” style = “fancy”]Answer: State Bank of India[/su_spoiler]


Question 3. Where are the headquarters of Small Industries Development Bank of India located?

  1. New Delhi
  2. Pune
  3. Lucknow
  4. Ahmedabad

[su_spoiler title = “Show Answer” style = “fancy”]Answer: Lucknow[/su_spoiler]


Question 4. Which of the following depends on the economic development of the country?

  1. Market Size
  2. Natural Resources
  3. Capital formation
  4. All of the above

[su_spoiler title = “Show Answer” style = “fancy”]Answer: All of the above[/su_spoiler]


Question 5. Which of the following is the reason for inflation from India?

  1. Increase in production
  2. Reduction in production
  3. Increase in currency supply
  4. Increase in money supply and decrease in production

[su_spoiler title = “Show Answer” style = “fancy”]Answer: Reduction in production[/su_spoiler]


Q 6. With what is inflation measured in India?

  1. By Wholesale Price Index
  2. By National Income Deflation
  3. By consumer price index for urban non-workers
  4. Consumer Price Index for Agricultural Workers

[su_spoiler title = “Show Answer” style = “fancy”]Answer: By Wholesale Price Index[/su_spoiler]


Question 7. National income in India is calculated by which of the following?

  1. Reserve Bank of India
  2. Planning Commission
  3. Central Statistical Organization
  4. Ministry of Finance

[su_spoiler title = “Show Answer” style = “fancy”]Answer: Central Statistical Organization[/su_spoiler]


Question 8. What is hawala?

  1. Tax evasion
  2. Illegal Trading of Foreign Currency Exchange
  3. Complete knowledge of a subject
  4. Illegal transaction of securities in the stock market

[su_spoiler title = “Show Answer” style = “fancy”]Answer: Illegal business of foreign currency exchange[/su_spoiler]


Question 9. How many regional rural banks are operating in India?

  1. 64
  2. 205
  3. 305
  4. 402

[su_spoiler title = “Show Answer” style = “fancy”]Answer: 64[/su_spoiler]


Question 10. Which is the largest mutual fund company of India?

  1. Bank of Baroda
  2. Bajaj
  3. Sbi
  4. UTI

[su_spoiler title = “Show Answer” style = “fancy”]Answer: uti[/su_spoiler]