Top 50+ Solved Regional Rural Banks and National Bank for Agricultural and Rural Development MCQ Questions Answer

From 1 to 15 of 23

Q. What is the share of Sponsor Banks in the Regional Rural Banks?

a. Gaur Gramin Bank

b. Prathama Bank

c. Arunachal Pradesh Rural Bank

d. Himachal Gramin Bank

  • b. Prathama Bank

Q. RRBs were set up on

a. 1975

b. 1985

c. 1991

d. 2001

  • a. 1975

Q. The main resources of RRBs are

a. Share capital

b. deposits from the public

c. borrowing from Sponsor Banks

d. All of the above

  • d. All of the above

Q. RRBs are owned by

a. Central Govt.

b. State Govt.

c. Sponsor Bank

d. Jointly by all of the above

  • d. Jointly by all of the above

Q. Regional Rural bank are empowered to transact the business of banking as defined under

a. Banking Regulation Act,1949

b. Negotiable Instrument Act,1881

c. Regional Rural banks Act , 1976

d. None of these

  • a. Banking Regulation Act,1949

Q. RRBs are managed by

a. RBI

b. a board of director

c. the sponsor bank

d. the state Govt.

  • b. a board of director

Q. All RRBs are required to maintain their entire SLR in

a. Govt. & other approved securities

b. current accounts with sponsor Banks

c. time deposits with sponsor Banks

d. Gold holdings only

  • a. Govt. & other approved securities

Q. For the purpose of Income Tax Act, 1961 , the RRBs are treated as

a. Scheduled commercial banks

b. Non-scheduled banks

c. Nationalized banks

d. Co-operative banks

  • d. Co-operative banks

Q. NABARD stands for:

a. National Bank for Agriculture and Research Development

b. National Bank for Analysis of Rural Development

c. National Bank for Agriculture and Rural Development

d. None of The Above

  • c. National Bank for Agriculture and Rural Development

Q. 'NABARD' came into existence on:

a. 8th July, 1982

b. 19th July, 1982

c. 12th July, 1982

d. None of The Above

  • c. 12th July, 1982

Q. 'NABARD' was dedicated to which among the following Prime Ministers:

a. Gulzari Lal Nanda

b. Indira Gandhi

c. Shri Lal Bahadur Shastri

d. None of The Above

  • b. Indira Gandhi

Q. NABARD was set up with an initial capital of ______:

a. Rs. 50 Crore

b. Rs. 100 Crore

c. Rs. 200 Crore

d. None of The Above

  • b. Rs. 100 Crore

Q. Headquarter of 'NABARD' is located at:

a. Mangalore, Karnataka

b. Mumbai, Maharashtra

c. New Delhi

d. None of The Above

  • b. Mumbai, Maharashtra
Subscribe Now

Get All Updates & News