1. What is the old name of Axis Bank?
UTI Bank
2. Which is the world’s largest railway?
United States rail network with route length approximately 250,000km
3. What are the eight different metropolitan cities of India?
They are : Mumbai; Delhi; Kolkata; Chennai; Bengaluru; Hyderabad; Ahmedabad and Pune
4. What are the seven islands of Mumbai?
They are : Isle of Bombay; Mazagaon; Parel; Worli; Mahim; Colaba; Old Woman's Island (also known as Little Colaba)
5. Which is India’s first Mutual Fund and who established it?
The Unit Trust of India (UTI), by the Government of India and the Reserve Bank of India
6. Which is the longest railway line in the world?
The Trans-Siberian Railway, connecting Moscow to Vladivostok spanning over 9,289km.
7. Presently currency notes are issued by the RBI in which system?
the minimum reserve system
8. What is the main function of Mutual Fund?
The main function of a mutual fund is to pool money from multiple investors and invest it in a diversified portfolio of assets, such as stocks, bonds, or other securities, managed by professional fund managers, aiming to generate returns and spread risk.
9. How many phases is in National Highways Development Project (NHDP)?
Seven phases
10. Mumbai is situated on how many islands?
seven islands
11. Pawan Hans is associated with which services?
Pawan Hans is the National Helicopter Carrier of India
12. When was the Imperial Bank of India established?
On January 27, 1921, by merging the Presidency Banks of Bombay, Calcutta, and Madras
13. Kolkata Metro Rail was set up in which year?
30979
14. Which is the largest railway zone of India?
Northern Railway
15. What is the world’s busiest Waterway (ocean)?
North Atlantic sea route
16. Which is the longest NH (national highway) of India?
National Highway 44 (NH 44), spanning 4,112 kilometers from Srinagar in the north to Kanyakumari in the south
17. When was Imperial Bank Of India converted to State Bank Of India and on the basis of whose recommendations?
July 1, 1955 following the recommendations of the Gorewala Committee.
18. When was State Bank of India nationalized?
20271
19. In which year was RBI nationalized?
17899
20. JAL is associated with which airline services?
JAL is Japan Airlines
21. What is Bank Rate?
It is the rate of interest which is charged by RBI while lending loans to a commercial bank
22. What is Statutory Liquidity Ratio (SLR)?
It is the mandatory minimum percentage of a commercial bank's deposits that must be held in liquid assets like cash, gold, or government-approved securities, ensuring financial stability.
23. What is Open Market Operation?
It is a tool of RBI to manage the money supply and influence interest rates by buying or selling government securities in the open market
24. What is Cash Reserve Ratio (CRR)?
It is a monetary policy tool used by the RBI to control the money supply and inflation, requiring banks to hold a specific percentage of their deposits as reserves with the RBI.
25. What is India’s ranking among Asian Railway Network and in all over the World?
India ranks fifth in the world and fourth in Asia for its railway network, which spans over 23,000 miles
26. How many metropolitan cities does India have?
India has eight officially recognized metropolitan cities
27. What is the cheapest mode of transport?
For general long-distance travel, waterways (ships and ferries) are generally the cheapest mode of transport, followed by railways, while for short distances, walking and cycling are the cheapest options
28. Where is Korba situated?
Chhattisgarh, India
29. Lokpriya Gopinath Bordolio International Airport is in which state of India?
Assam, also known as Guwahati Airport
30. From when did RBI commence its operations?
April 1, 1935 based on RBI act 1934