General Knowledge Questions Answer GK Quiz

GK General Knowledge - Business And Economics Question Answer Quiz

Q. The Bandhan Banking Limited is an Indian banking and financial services company Headquartered in -
1) Mumbai, Maharashtra
2) New Delhi, Delhi
3) Chennai, Tamil Nadu
4) Kolkata, West Bengal

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Q. According to extant RBI guidelines, Payment Bank are not permitted to -
1) set up branches or ATMs
2) accept remitances to be sent to multiple banks
3) distribute mutual fund/ insurance/ pension products
4) set up subsidiaries to under take NBFC activities

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Q. The creation of Regional Rural Banks in 1975 was conceptualised based on the recommendations of the -
1) Sivaraman Working Group
2) Narasimham Working Group
3) D.R. Gadgil Working Group
4) D.R. Mehta Working Group

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Q. The last six characters of the alphanumeric IFSC printed on the cheques helps in identifying the -
1) Bank branch
2) Type of account
3) Bank name
4) Business or profession

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Q. The Institute for Development and Research in Banking Technology (IDRBT) is a banking research institute established by Reserve Bank of India (RBI). It is located -
1) Chennai, Tamil Nadu
2) Mumbai, Maharashtra
3) Pune, Maharashtra
4) Hyderabad, Telangana

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Q. Operation Clean Money is started by -
1) NITI Ayog
2) Income Tax Department
3) Ministry of Finance
4) Central Board of Direct Taxes

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Q. When was the State Bank of India established?
1) 1954
2) 1955
3) 1956
4) 1957

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Q. A closed economy is an economy in which -
1) the money supply is fully controlled
2) deficit financing takes place
3) only exports take place
4) neither exports nor imports take place

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Q. What is meant by price discrimination?
1) Increase in price of a commodity over time
2) A situation where the same product is sold to different consumers for different prices
3) Subsidization of a product by the Government to sell it at a lower price
4) General decrease in price of a commodity over time

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Q. The Ngultrum is the currency of -
1) Kingdom of Thailand
2) Republic of Nepal
3) Republic of Bhutan
4) Malaysia

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