Banking Sample Paper SBI Clerk Grade (Main) Sample Test Paper-5

  • question_answer
    The Central Bank of China is known as

    A)  Federal Reserve Bank of China

    B)  State Bank of China

    C)  People's Bank of China

    D)  Central Bank of the People's Republic of China

    E)  Reserve Bank of China

    Correct Answer: C

    Solution :

     The People's Bank of China is the central bank of the People's Republic of China. Established on December 1. 1948, it has more financial assets than any single public institution, arid is second only to the federal Reserve System of the United States In terms of overall central bank assets.


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