Banking Quiz 12

Bankers Adda is also known Banking Quiz Adda.
Today Bankers Adda came back with a New Quiz on Banking.
Go through the quiz and if you have any doubts please contact bankers adda in the comment section.

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1. As per the recently released data, which among the following states of India has recorded highest growth rate in 11th Five Year plan?


2. Bank notes and coins above one rupee denomination are issued by _______.

(a) SBI
(b) RBI
(c) Government of India
(d) Ministry of Finance
(e) None of these

3. Which of the following is a Miniratna company?

[A]Neyveli Lignite Corporation Limited
[B]Bharat Heavy Electricals Ltd
[C]Rashtriya Ispat Nigam Limited
[D]Hindustan Newsprint Limited

4. Currency notes in India are printed and supplied by ___.

(a) Security Press, Mumbai
(b) Security press, Nasik
(c) Security Press, Noida
(d) RBI, New Delhi
(e) None of these

5.  Five year plan are finally approved by the___.

(a) Prime Minister
(b) President
(c) Planning commission
(d) National Development Council
(e) None of these

6. Devaluation of currency leads to _____.

(a) Fall in domestic prices
(b) Increase in domestic prices
(c) Domestic prices remains unaffected
(d) Erratic fluctuation in domestic price
(e) None of these

7. Economic inequality leads to __.

(a) Upward mobility
(b) Class conflicts
(c) Exploitation
(d) Social degradation
(e) All of above

8. Deficit financing means Government of India borrows from

(a) SBI
(b) RBI
(c) World bank
(d) IMF
(e) None of these

9. When RBI adopted ‘Minimum reserve system’ for issuing currency?

(a) 1947
(b) 1948
(c) 1951
(d) 1957
(e) None of these

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