List of top Social Science Questions on Banking Systems

Differentiate between the Reserve Bank of India and other Commercial Banks.

Arrange the following banks as per their year of establishment in ascending order that is from beginning to latest: 
• [(A).] Canara Bank 
• [(B).] Central Bank of India 
• [(C).] Punjab National Bank 
• [(D).] Industrial Development Bank of India 
Choose the correct answer from the options given below: 
 

Arrange the following countries in ascending order (from low to high) as per their present share in Asian Development Bank.  
• [(A).] China 
• [(B).] Australia 
• [(C).] India 
• [(D).] USA 
Choose the correct answer from the options given below: 
 

Given below are two statements:
• [Statement (I):] Agricultural credit review committee, 1989 was set up by RBI under the chairmanship of A.M Khusro. 
• [Statement (II):] Repo rate is the rate at which RBI borrows money from banks. 
In light of the above statements, choose the most appropriate answer from the options given below. 
 

Match List-I with List-II

List-I (Scheme/System) & List-II (Committee)
(A). Single Window System & (I). F.K.F. Nariman Committee
(B). Differential Rate of Interest Scheme & (II). M. Narasimham Committee
(C). Lead Bank Scheme & (III). B.K. Hazare Committee
(D). Regional Rural Banks & (IV). Mohan Kanda Committee
Choose the correct answer from the options given below:
Match List-I with List-II

List-I (Types of Loan) & List-II (Definition)
(A). Self liquidating loan & (I). Loan extended based on confidence between borrower and lender
(B). Unsecured loan & (II). The loan advanced against the produce kept under the control of the lending institution
(C). Chattel loan & (III). The loan from which income generated help the farmer to repay entire loan amount in the same season or accounting year
(D). Key loan & (IV). Specific type of loan advanced against movable properties
Choose the correct answer from the options given below:
Match List-I with List-II

List-I (Bank) & List-II (Year)
(A). HDFC Bank & (I). 1964
(B). IDBI Bank & (II). 1994
(C). Bank of India & (III). 1865
(D). Allahabad Bank & (IV). 1906
Choose the correct answer from the options given below:
Among the credit control instruments, which instrument is the rate at which the central bank makes available financial accommodation to commercial banks by discounting government or other first-class securities?

Match List-I with List-II:

Choose the correct answer from the options given below:

Given below are two statements:
Statement (I): Agricultural Credit Review Committee, 1989 was set up by RBI under the chairmanship of A.M Khusro.
Statement (II): Repo rate is the rate at which RBI borrows money from banks. In light of the above statements, choose the most appropriate answer from the options given below:

Arrange the following banks as per their year of establishment in ascending order (that is, from beginning to latest):
(A). Canara Bank
(B). Central Bank of India
(C). Punjab National Bank
(D). Industrial Development Bank of India

Choose the correct answer from the options given below:

Which of the following statement(s) is/are correct?
(A) CRM, Risk, Revenue and Regulation comprise 4 R's of banking.
(B) Amortized decreasing repayment plan involves declining principal payment and the increasing interest payment on outstanding balance.
(C) Single window system is an introduction of recommendation of B.K Hazare committee.
(D) Imperial Bank of India was nationalized in 1955 and renamed as State Bank of India (SBI).
Choose the correct answer from the options given below:
Which of the following statement(s) is/are untrue?
(A) Credit Guarantee Corporation of India was established in 19
(B) Mortgage refers to legal transfer of ownership of property from creditor to debtor.
(C) Muhammad Yunus was awarded Nobel Peace Prize in 2006 for founding the grameen bank.
(D) Capital strongly backs the third 'R' of credit.
Choose the correct answer from the options given below:
Arrange the following higher banking institutions as per their year of establishment from early to latest.
(A) Asian Development Bank (ADB)
(B) International Development Association (IDA)
(C) World Bank (IBRD)
(D) International Finance Corporation (IFC)
Choose the correct answer from the options given below:
Arrange the following finance ministers of India in chronological order from early to latest.
(A) Morarji Desai
(B) Arun Jaitley
(C) C.D Deshmukh
(D) R. Venkataraman
Choose the correct answer from the options given below:
Arrange the following Nobel Prize winners of Economics in ascending order of their award winning from early to latest.
(A) Trygve Haavelmo
(B) Elinor Ostrom
(C) Ragnar Frisch & Jan Tinbergen
(D) T.W Schultz & A. Lewis
Choose the correct answer from the options given below:
Given below are two statements:
Statement (I): Oligotrophs can grow in environments with very low levels of nutrients
Statement (II): Oligotrophs exhibit slow growth, low rate of metabolism and low population density as compared to copiotrophs
In light of the above statements,choose the most appropriate answer from the options given below.
Given below are two statements, one is labelled as Assertion (A) and other one labelled as Reason (R).
Assertion (A): GC rich dsDNA has higher melting point than the AT rich dsDNA
Reason (R): Hydrogen bonding energy of a guanine-cytosine (GC) pair is higher than a adenine-thymine (AT) pair
In light of the above statements, choose the correct answer from the options given below.
Given below are two statements:
Statement (I): Irradiation with UV light causes mutations in DNA
Statement (II): UV light causes formation of covalent bond between the thymine molecules on the same strand causing thymine dimerization
In light of the above statements,choose the most appropriate answer from the options given below.
Fungi deriving their nutrition from dead biomass all called
Given below are two statements:
Statement (I): Mesosomes are the folded invaginations of bacterial plasma membrane that help in cell division
Statement (II): Mesosomes reduce the surface area of plasma membrane
In light of the above statements, choose the most appropriate answer from the options given below.
Given below are two statements:
Statement (I): Xa21 gene confers resistance to bacterial blight in rice
Statement (II): Xa 21 is a receptor like kinase type of receptor
In light of the above statements, choose the most appropriate answer from the options given below:
Monocyclic diseases are incited by soilborne pathogens
(A). Monocyclic diseases are usually observed in perennial crops
(B). Monocyclic disease complete one life cycle in a year
(C). Monocyclic disease can be controlled by soil treatment
(D). Monocyclic diseases are usually endemic in a particular location
Choose the correct answer from the options given below:
Given below are two statements:
Statement (I) : After the establishment of NABARD, the Rural Credit Department as well as Rural Planning Cell of the RBI were closed.
Statement (II) : In 2005, the Reserve Bank of India introduced the micro-finance programme for improving the access of rural poor to formal institutional credit as a pilot testing project.
In light of the above statements, choose the most appropriate answer from the options given below:
Reserve Bank of India came into existence on April 1, 1935 on the recommendation of: