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1
Mail: banishagupta2099@gmail.com
IMPORTANT QUESTIONS OF RURAL BANKING
Q1: Population Density of India in 2020

a) 500 per sq. km
b) 490 per sq. km
c) 424.79 per sq. km
d) 564.20 per sq. km
Q2: According to national statistical office data as of the Year 2021

India’s average literacy rate was:
a) 77.7%
b) 67.7%
c) 87.7%
d) 77%
Q3: Human development was viewed in terms of some critical

dimensions of well-being. These were related to:
a) longevity-the ability to live a long and healthy life;

b) education the ability to read, write and acquire knowledge; and
c) command over the resources-the ability to enjoy a decent
standard of living and socially meaningful life.
d) All of the above
2
Q4: _____________ sericulture is mainly practiced in states such as

Karnataka, Andhra Pradesh, Assam, West Bengal, Jharkhand,
and Tamil Nadu.
a) Mulberry
b) Tropical Tasar
c) Oak Tasar
d) Eri
e) Muga
Q5: Loans against pledge/ hypothecation of agricultural produce

(including warehouse receipt) for a period not exceeding 12 months
subject to a limit up to___________.
a) 10 lakhs
b) 50 lakhs
c) 20 lakhs
d) 5 crores
Q6: In case of the renewable energy, how much loan limit is given to
the borrowers under the priority sector lending?
a) 20 lakhs
b) 10 crores
c) 50 lakhs
d) 30 crores
3
Q7: Loans up to _________ to individuals solely engaged in Allied

activities without any accompanying land-holding criteria.
a) 5 lakhs
b) 2 lakhs
c) 1 lakh
d) 10 lakhs
Q8: Bank loans to HFCs (approved by NHB for their refinance) for on-
lending, up to ________ for individual borrowers.
a) 20 lakhs
b) 10 lakhs
c) 5 lakhs
d) 50 lakhs
Q9: what is the revised overdraft limit of Pradhan Mantri Jan Dhan
Yojna?
a) ₹ 5000
b) ₹ 10,000
c) ₹ 15000
d) None of these
4
Q10: Loans for Food and Agro-processing up to an aggregate

sanctioned limit of ₹____________ per borrower from the banking
system.
a) 10 crores
b) 20 lakhs
c) 50 crores
d) None of these
Q11: The Farmers Technology Transfer Fund (FTTF) was operational

on 1 April 2008 with a corpus of _________ to promote technology
transfer for enhancing production and productivity in agriculture and
farm-related activities.
a) 50 crores
b) 25 crores
c) 75 crores
d) 100 crores
Q12: India’s financial year 2022 GDP growth is seen at:

a) 10.2%
b) 5.6%
c) 7.5%
d) 9.2%
5
Q13: What age group is eligible for PMJJBY?
a) 18 to 40
b) 18 to 50
c) 18 to 70
d) 18 to 60
Q14: The PMSBY offers insurance cover of ₹__________ for accidental

death or total permanent disability and ₹_______ for partial
permanent disability to people.
a) 1 lakh, 2 lakhs
b) 1.5 lakhs, 1 lakh
c) 2 lakhs, 1 lakh
d) 2 lakhs, 1.5 lakhs
Q15: Pilot Weather Based Crop Insurance Scheme (WBCIS) was

launched in____________ states (as announced in the Union Budget
2007).
a) 10 states
b) 15 states
c) 20 states
d) 13 states
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Q16: To ensure a continuous flow of credit to the priority sector, the

compliance of banks will be monitored on a ______________ basis.
a) Yearly
b)Half-yearly
c) Quarterly
d)Two yearly
Q17: As you may be aware, the Financial Inclusion Fund (FIF) and
Financial Inclusion Technology Fund (FITF) were constituted in the
year 2007-08 for five years with a corpus of Rs. 500 crores each to be
contributed by the Government of India (GOI), RBI and NABARD in the
ratio of:
a) 50: 15: 35
b) 60: 15: 25
c) 30:30:40
d) None of these
Q18: Choose the correct option which is not correct with context to
the following statement:
The essence of financial inclusion is to ensure the delivery of financial
services which include –
A. bank accounts for savings and transactional purposes.
B. low-cost credit for productive, personal.
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C. Other purposes, financial advisory services, insurance facilities

(life and non-life), etc.
a) A and B
b) B and C
c) A and C
d) None of these
Q19: Which technology is used by the bank to undertake the risk

management practices, which makes it difficult for hackers to extract
confidential information such as customer bank details?
a) Biometrics
b) Blockchain
c) Wearables
d) Artificial Intelligence
Q20: Which statement not shows the correct role of Agriculture in

Economic Development:
A) As a provider of food
B) Employment to a large number of people
C) A market for non-agricultural goods
D) A source of foreign exchange earnings
a) I, II, III
b) II, III, IV
c) I, II, III, IV
d) I, III, IV
e) None of these
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Q21: Under which Scheme Punjab, Haryana, and Western Uttar

Pradesh since 2013-14 to shift area under paddy cultivation towards
less water-intensive crops such as oilseeds, pulses, Nutrii-cereals, etc.
a) Rashtriya Krishi Vikas Yojana

b) Food and work program
c) National food security mission
d) None of these
Q22: What was its rank of India among 113 major countries in terms
of the food security index 2020?
a) 81st
b) 85th
c) 71st
d) 75th
Q23: Which option is not correct in context to the objectives of the

Drought Prone Area Programme (DPAP) Program?
a) Development and management of water resources

b) environmental improvement of urban slums.
c) Soil and moisture conservation measures,
d) Afforestation and development of pasture lands
e) development of subsidiary occupations
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Q24: Where is the headquarter of the National Bank for Agriculture

and Rural Development of India (NABARD) located?
a) Chennai
b) New Delhi
c) Mumbai
d) Bangalore
Q25: which of the following is not the main objective of NABARD is to

provide credit to rural areas:
a) Promotion of agriculture and small-scale industries
b) Promotion of Cottage and village industries
c) Promotion of handicrafts and rural craft
d) All of the above
e) None of these
Q26: Match the years with the establishment of the following

institutions:
A. 1904 i) Establishment of RBI
B. 1935 ii) Establishment of SBI
C. 1955 iii) Establishment of NABARD
D. 1982 iv) Establishment of the first cooperative credit society
a) A-iii, B-ii, C-iv, and D-i

b) A-iv, B-i, C-ii, and D-iii
c) A-iii, B-i, C-iv, and D-ii
d) A-iv, B-ii, C-iii, and D-i
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Q27: DICGC refers to …….

a) Deposit Industrial Credit Guarantee Corporation
b) Development Insurance Credit Guarantee Corporation
c) Development Industrial Credit Guarantee Corporation
d) Deposit Insurance and Credit Guarantee Corporation
Q28: Which of the following cooperative credit societies directly deals

with the borrowers?
a) PACS
b) DCCBs
c) SCBs
d) None of these
Q29: Fixation of scales of finance for different categories of Kharif

crops and communication to all concerned:
a) January to February.
b) December to January.
c) March
d) May
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Q30: The long-term loan was granted for over _________ years for
investments like the construction of dug wells, tube wells, and
horticultural crops.
a) 2 to 5 years
b) 5 to 7 years
c) 7 to 15 years
d) 8 to 20 years
Q31: Choose the correct option in the context of Margin money
a) Margin money means the share of the borrowers in the total

project cost.
b) Margin money means the share of the Banks in the total
project cost.
c) Margin money means the share of the RBI in the total project
cost.
d) None of these
Q32: The grace period suggested by NABARD for poultry is ________.
a) 12 months
b) 23 months
c) 18 months
d) 36 months
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Q33: What is the rate of interest of premium for Kharif crops

insurance?
a) 1.5%
b) 2%
c) 2.5%
d) 5%
Q34: Which of the following is correct? For crop loans, NABARD

provides refinance:
a) To commercial banks
b) To Cooperatives (SCBs, DCCBs, and PACs)
c) To Reserve Bank of India
d) None of the above
ANSWERS KEY:
1. C 2. A 3. D 4. A 5. B
6. D 7. B 8. A 9. B 10. D
11. B 12. D 13. B 14. C 15. C
16. C 17. D 18. D 19. B 20. E
21. A 22. C 23. B 24. C 25. E
26. B 27. D 28. A 29. B 30. C
31. A 32. A 33. B 34. B
13

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Mail: banishagupta2099@gmail.

IMPORTANT QUESTIONS OF RURAL BANKING

Q1: Population Density of India in 2020

Q2: According to national statistical office data as of the Year 2021

Q3: Human development was viewed in terms of some critical

a) longevity-the ability to live a long and healthy life;

Q4: _____________ sericulture is mainly practiced in states such as

Q5: Loans against pledge/ hypothecation of agricultural produce

Q7: Loans up to _________ to individuals solely engaged in Allied

Q10: Loans for Food and Agro-processing up to an aggregate

Q11: The Farmers Technology Transfer Fund (FTTF) was operational

Q12: India’s financial year 2022 GDP growth is seen at:

Q13: What age group is eligible for PMJJBY?

Q14: The PMSBY offers insurance cover of ₹__________ for accidental

Q15: Pilot Weather Based Crop Insurance Scheme (WBCIS) was

Q16: To ensure a continuous flow of credit to the priority sector, the

C. Other purposes, financial advisory services, insurance facilities

Q19: Which technology is used by the bank to undertake the risk

Q20: Which statement not shows the correct role of Agriculture in

Q21: Under which Scheme Punjab, Haryana, and Western Uttar

a) Rashtriya Krishi Vikas Yojana

Q23: Which option is not correct in context to the objectives of the

a) Development and management of water resources

Q24: Where is the headquarter of the National Bank for Agriculture

Q25: which of the following is not the main objective of NABARD is to

Q26: Match the years with the establishment of the following

a) A-iii, B-ii, C-iv, and D-i

Q27: DICGC refers to …….

Q28: Which of the following cooperative credit societies directly deals

Q29: Fixation of scales of finance for different categories of Kharif

Q31: Choose the correct option in the context of Margin money

a) Margin money means the share of the borrowers in the total

Q32: The grace period suggested by NABARD for poultry is ________.

Q33: What is the rate of interest of premium for Kharif crops

Q34: Which of the following is correct? For crop loans, NABARD

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