1.	Which among the following financial institutions was nationalised in 1949 ?
	RBI
	SIDBI
	PNB
	IFCI
	Answer: RBI Explanation: RBI was nationalised in 1949 on the basis of the Reserve Bank of India (Transfer to Public Ownership) Act, 1948.
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2.	Which of the following Public Sector Undertakings was accorded the Maharatna status in February 2013 ?
	BHEL
	ONGC
	OIL
	CIL
	Answer: BHEL Explanation: Bharat Heavy Electricals Limited (BHEL) and Gas Authority of India Ltd. (GAIL) wa s given the status of Maharatna in February 2013. The main reason behind this step was to increase the financial and functional autonomy. Presently there are 8 PSUs with Maharatna status. Bharat Petroleum Corporation Ltd. is the latest to be added in this list.
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3.	Which of the following Public Sector Undertakings does NOT have 'Maharatna' status ?
	Steel Authority of India Limited
	Engineers India Limited
	GAIL (India) Limited
	Coal India Limited
	Answer: Engineers India Limited Explanation: Engineers India Limited is a Navratna public-sector undertaking which was setup in 1965 to provide engineering and related technical services for petroleum refineries and other industrial projects.
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4.	If the inflation in an economy is rising steadily, the Central Bank might _____ ?
	keep the repo rate unchanged
	decrease the repo rate
	decrease the reverse repo rate
	increase the repo rate
	Answer: increase the repo rate Explanation: The inflation in an economy is rising steadily then the central bank might increase the repo rate.
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5.	Which central agency regulates and monitors the housing sector in India ?
	RERA
	RBI
	LIC
	SEBI
	Answer: RERA Explanation: The Real Estate (Regulation and Development) Act, 2016 is an Act of the Parliament of India which seeks to protect home-buyers as well as help boost investments in the real estate industry. Bill published on: 14 August 2013.
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6.	Which central agency issues currency notes on behalf of the Central Government ?
	IRDA
	SEBI
	Reserve Bank of India
	State Bank of India
	Answer: Reserve Bank of India Explanation: The currency notes on behalf of the Central Government are issued by the Reserve Bank of India (RBI) only.
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7.	India’s foreign reserves does NOT consist of which of the following ?
	Gold
	Carbon Bonds
	Reserve Tranche Position (RTP)
	Special Drawing Rights (SDR)
	Answer: Carbon Bonds Explanation: Forex reserves consist of foreign currency assets, Special drawing rights, gold and reserve position in the IMF. Carbon copy is absent in the Forex reserve.
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8.	How many digits are there on a debit card ?
	15
	16
	14
	17
	Answer: 16 Explanation: On the front face of the debit card, a 16 digits' code is written. First 6 digits are Bank Identification Number and the rest 10 digits are Unique Account Number of the card holder.
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9.	In context of Banking system in India what is the fullform of RTGS ?
	Real Time Gross Settlement
	Random Time Gross Settlement
	Real Time Gain Settlement
	Reel Time Gain Settlement
	Answer: Real Time Gross Settlement Explanation: The term real-time gross settlement (RTGS) refers to a funds transfer system that allows for the instantaneous trSolfer of money and/or securities.
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10.	In the context of the banking sector of India, what is the full form of IMPS ?
	Instant Payment Service
	Instant Payment Sector
	Immediate Payment Sector
	Immediate Payment Service
	Answer: Immediate Payment Service Explanation: Immediate Payment Service (IMPS) is an instant payment inter-bank electronic funds transfer system in India. IMPS offers an inter-bank electronic fund transfer service through mobile phones.
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