Economics Multiple Choice Questions – Chapter 8 – Commercial Banks

Economics Multiple Choice Questions, which are covered in this chapter, relate to the topic, Commercial Banks. Economics Multiple Choice Questions Test contains 10 questions. Answers to Economics Multiple Choice Questions are available at the end of the last question.




1. The number of banks Nationalized in 1969 was :

(a)    8

(b)    10

(c)     14

(d)    16

2. ________ refers to that portion of total deposits with a commercial bank has to keep with the central bank:

(a)    SLR

(b)    Bank rate

(c)     CRR

(d)    None

3. The number of branch offices of commercial banks in 2006 was (Modified) :

(a)    65,000

(b)    65,500

(c)     69,616

(d)    69,500

4. Out of 5.6 lakh villages how many are served by the commercial bank:

(a)    1 Lakh

(b)    10,000

(c)     5,000

(d)    None

5. _____ is the rate at which the central bank discounts the bills of commercial banks:

(a)    SLR

(b)    Bank rate

(c)     CRR

(d)    Wong




6. In terms of deposit mobilization, ______ leads other states:

(a)    U.P.

(b)    Maharashtra

(c)     Kerala

(d)    Bihar

7. The number of banks in India at the time of independence was:

(a)    640

(b)    645

(c)     650

(d)    655

8. The bank lending in June 2006 was (Updated):

(a)    10,93,000

(b)    12,69,090

(c)     13,69,090

(d)    14,69,090

9. In terms of lending, priority sector constitute about _____ of total bank lending:

(a)    60

(b)    80

(c)     30

(d)    40

10. How many banks were nationalized in 1980 ?

(a)    6

(b)    14

(c)     20

(d)    30

 

ANSWERS

1. (c) 14

2. (c) CRR

3. (c) 69,616

4. (c) 5,000

5. (b) Bank rate

6. (b) Maharashtra

7. (b) 645

8. (a) 10,93,000

9. (a) 60

10 (a) 6

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