Banking Awareness Questions Set 91 (Institutes)

This set contains important Banking Awareness Questions on all Banking Research and Study Sites recognized by the Reserve Bank of India for upcoming banking and insurance exams like RBI, SBI PO, IBPS PO/Clerk, IBPS RRB PO/Clerk, NICL, UIIC, OICL and other exams.

  1. Where is Centre for Advanced Financial Research and Learning (CAFRAL) situated?
    A) Jaipur
    B) Ahmedabad
    C) Pune
    D) Mumbai
    View Answer
    Option D
    Explanation
    :
    The Centre for Advanced Financial Research and Learning (CAFRAL) is an independent body set up by the Reserve Bank of India (RBI) in the backdrop of India’s evolving role in the global economy, in the financial services sector and its position in various international fora, and to develop into a world class global institution for research and learning in banking and finance.
    The Governor of RBI is the Chairman of the Governing Council of CAFRAL.
  2. Where is College of Agricultural Banking (CAB) situated?
    A) Pune
    B) Hyderabad
    C) Mumbai
    D) Bengaluru
    View Answer
    Option A
    Explanation
    :
    College of Agricultural Banking is an ISO 9001: 2008 Certified Training Institute of Reserve Bank of India.
    In keeping up with its developmental mandate seldom seen in the Central Banking circle across the globe, Reserve Bank of India (RBI) established the Co-operative Bankers Training College (CBTC) at Pune on September 29, 1969 to train the higher level personnel of State, Central and Urban Co-operative Banks.
  3. Where is Indira Gandhi Institute of Development Research situated?
    A) Nashik

    B) Mumbai
    C) New Delhi
    D) Gurugram
    View Answer
    Option B
    Explanation
    :
    Mumbai
    Indira Gandhi Institute of Development Research (IGIDR), Mumbai is an advanced research institution established by The Reserve Bank of India in 1987 on the occasion of its golden jubilee. The Institute’s mission is to carry out research on developmental issues from a multi-disciplinary point of view. It has one of the largest Social Sciences libraries in Asia. The institute has an M.Phil./Ph.D. programme in Development Studies and also an MSc programme in Economics.
  4. Where is Institute for Development and Research in Banking Technology (IDRBT) situated?
    A) Mumbai
    B) Mangalore
    C) Hyderabad
    D) Bhopal
    View Answer
    Option C
    Explanation
    :
    The Institute for Development & Research in Banking Technology (IDRBT) is a unique institution exclusively focused on Banking Technology. Established by the Reserve Bank of India (RBI) in 1996, the Institution works at the intersection of Banking and Technology. It is located in Hyderabad, India.
  5. Where is Joint India-IMF Training Programme (ITP) centre situated?
    A) Pune
    B) Vadodara
    C) Bhopal
    D) Kolkata
    View Answer
    Option A
    Explanation
    :
    Pune
    Launched on May 1, 2006, the Joint India-IMF Training Programme (ITP) is a cooperative venture of the International Monetary Fund (IMF) and the Reserve Bank of India (RBI).
  6. Where is National Centre for Finance Education (NCFE) situated?
    A) Gurugram
    B) Nashik
    C) Mumbai
    D) Noida
    View Answer
    Option C
    Explanation
    :
    The National Centre for Financial Education (NCFE), comprising representatives from all financial sector regulators i.e. Reserve Bank of India (RBI), Securities Exchange Board of India (SEBI), Insurance Regulatory and Development Authority of India (IRDAI), Pension Fund Regulatory and Development Authority (PFRDA) and National Institute of Securities Markets (NISM), has been set up to implement National Strategy for Financial Education (NSFE), under the guidance of a Technical Group on Financial Inclusion and Financial Literacy of the Financial Stability and Development Council (FSDC), which would cater to all sections of the population in the country.
  7. Where is National Institute of Bank Management (NIBM) situated?
    A) Noida
    B) Nashik
    C) Pune
    D) New Delhi
    View Answer
    Option C
    Explanation
    :
    National Institute of Bank Management (NIBM) is an Indian institution for research, training and consultancy in banking and finance. It is located in Pune. The campus is self-contained, with residential and educational facilities.
  8. Where is LSE India Observatory situated?
    A) Russia
    B) Japan
    C) USA
    D) UK
    View Answer
    Option D
    Explanation
    :
    The India Observatory, set up in 2006, is a Centre to develop and enhance research and programmes related to India’s economy, politics and society.
    The IG Patel Chair and the India Observatory (IO) were established in 2006, in partnership with the Reserve Bank of India (RBI) and the State Bank of India (SBI), in honour of Dr IG Patel, a greatly distinguished Indian and internationally renowned economist and public servant. He had been Director of LSE (1984 – 1990) and Governor of the RBI (1977 – 1982).
    LSE – London School of Economics.
  9. Where is Bankers’ Institute of Rural Development (BIRD) situated?
    A) Noida
    B) Nashik
    C) Pune
    D) Lucknow
    View Answer
    Option D

Click here for topic wise Banking Awareness Questions

 

 

Related posts