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Banking Awareness Questions - Download in PDF: Banking Awareness Questions are very important for bank exams such as IBPS PO, IBPS Clerk, SBI PO, SBI Clerk and other Bank Exams.
1- Monetary system in India is managed by ...............
- A.State Bank Of India
- B.Security and Exchange Board Of India
- C.Reserve Bank Of India
- D.Ministry of Finance
- E.None of these
2- Decimal coinage was introduced in India in the year ............
4- The symbol chosen for the paper currency in India after independence was ............
5- RBI is sole authority for issue of currency in India, it is mentioned in the ............ of RBI Act 1934.
- A.Section 19
- B.Section 20
- C.Section 21
- D.Section 22
- E.None of these
6- Devaluation of currency will be more beneficial if ................
- A.Prices of exports remain constant
- B.Prices of domestic goods remain constant
- C.Prices of imports remains constant
- D.Prices of exports rise proportionately
- E.None of these
7- Devaluation of currency leads to .................
- A.Increase in domestic prices
- B.No impact on domestic prices
- C.Erratic fluctutions in domestic prices
- D.Fall in domestic prices
- E.None of these
8- Whose signatures are found on the paper currency in India?
9- Who decides the volume and value of bank notes to be printed each year?
- A.SBI
- B.RBI
- C.EXIM Bank
- D.President
- E.Finance Minister
10- The Foreign Exchange Management Act (FEMA) was introduced in ............
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