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GK Quiz – Current Affairs – General Knowledge

Bank Exam Questions and Answers Set- 5

Set 5 – Bank Exam GK Questions and Answers | SBI, IBPS PO, RBI and Bank Clerk

Bank Exam GK – Set 5:- Below are the questions and answers of Banking GK Questions Section-5, 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. In which of the following years was the Reserve Bank of India nationalized?

  1. 1856
  2. 1874
  3. 1949
  4. 1956

[su_spoiler title = “Show Answer” style = “fancy”] Answer: 1949[/su_spoiler]

Question 2. The national income of any nation is _______?

  1. Subtracting imports from exports
  2. The sum of production works
  3. Annual revenue of the government
  4. Public Sector Surplus

[su_spoiler title = “Show Answer” style = “fancy”] Answer: The sum of production works[/su_spoiler]

Question 3. What is the state of the economy where inflation is accompanied by a slowdown?

  1. Reflation
  2. Stegflation
  3. Inflation
  4. Amotization

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

Question 4. Which of the following is subtracted to extract NNP from GNP?

  1. Degradation
  2. Servants
  3. Interest
  4. Tax

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

Question 5. Who among these created the Human Development Index?

  1. New Hope Community Development Group
  2. Esyn
  3. IRDA
  4. United Nations Development Program

[su_spoiler title = “Show Answer” style = “fancy”] Answer: United Nations Development Program[/su_spoiler]

Question 6. Which of the following is a major source of national income of India?

  1. Business Area
  2. Service Area
  3. Agricultural Sector
  4. Industry Sector

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

Question 7. In which place is the Bank Note Press located in India?

  1. Mumbai
  2. Dewas
  3. Nashik
  4. Noida

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

Question 8. What is National Income?

  1. Domestic product at cost of production
  2. National product net on cost of production
  3. National product netted at market price
  4. Domestic product at market price

[su_spoiler title = “Show Answer” style = “fancy”] Answer: Nibble national product on production cost[/su_spoiler]

Question 9. Which of these banks decides “bank rate”?

  1. Yes Bank
  2. Reserve Bank of India
  3. Allahabad Bank
  4. Securities and Exchange Board of India

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

Question 10. Which of these banks was inaugurated by Mahatma Gandhi in the year 1919?

  1. Bank of India
  2. Union Bank of India
  3. Punjab National Bank
  4. Allahabad Bank

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