Banking System in India, Awareness Questions


01. In which year "Regional Rural Banks" were started in India?
(a) 1965
(b) 1675
(c) 1975
(d) 1889

02. The Oldest Bank in India was?
(a) SBI
(b) SHB
(c) IOB
(d) DENA BANK

03. When was the Indian Rupee devaluation?
(a) 1965
(b) 1966
(c) 1967
(d) 1985

04. In which year First Bank of India "Bank of Hindustan" was started/established?
(a) 1959
(b) 1945
(c) 1956
(d) 1770

05. In which year RESERVE BANK OF INDIA was established?
(a) April 1st, 1935
(b) June 1st, 1945
(c) August 8th, 1992
(d) April 2nd, 1930

06. In which year "Pherwani Committee" recommended to establish National Stock Exchange (NSE) in India?
(a) 1990
(b) 1989
(c) 1991
(d) 1975

07. AER stands for _________
(a) American Equity Rates
(b) Annual Earning Status
(c) Annual Earning Report
(d) Annual Earning Rate

08.  Which public sector bank has the large number of branches in foreign countries?
(a) Bank of Baroda
(b) Bank of India
(c) Union Bank of India
(d) Indian Overseas Bank

09. In which year, "Union Bank of India" was started/inaugurated by Mahatma Gandhi?
(a) 1920
(b) 1909
(c) 1919
(d) 1918

10. Banking in India controlled by ____________.
(a) Reserve Bank of India
(b) Union Ministry of India
(c) Union Finance Commission
(d) Union Ministry of Commerce

11. National Income Ignores ________.
(a) Sale of land
(b) Sales of a company
(c) Export of a company
(d) company Income

12. The present Indian Monetary System is based on _____________.
(a) Gold Reserve System
(b) Proportional Reserve System
(c) Minimum Reserve System
(d) Convertible Currency System

13. Which is the first Indian bank to be wholly owned by Indians?
(a) Bank of Maharashtra
(b) Central Bank of India
(c) Punjab National Bank
(d) Bank of Baroda

14. Which is the First bank to introduce "Debit Card" in India?
(a) SBI (july 1st, 1955)
(b) SBH (august 8th, 1941)
(c) Andhra Bank (nov 20, 1923)
(d) City Bank (june 16th, 1912)

15. Which is the first foreign bank has been opened the branch in India?
(a) HSBC  (Pune)
(b) DOHA BANK (Recently started first branch in Mumbai)
(c) BANK OF AMERICA (Started in India in 1964)
(d) BARCLAYS (Head Quarter in Mumbai)

16. First Bank Introduce ATM in India?
(a) HSBC
(b) SBH
(c) CITY BANK
(d) DOHA BANK

17. Which bank introduced internet banking facility in India?
(a) HDFC
(b) ICICI (First to Introduce Mobile ATM)
(c) Dena
(d) Baroda

18. Which bank has the maximum number of overseas branches?
(a) ICICI
(b) Baroda Bank
(c) SBI
(d) Dena Bank

19. In which year "Saving Account System" was started by Presidency Bank in India?
(a) 1833
(b) 1888
(c) 1820
(d) 1842

20. In which year, Bank of Hindustan and General Bank of India were started, which is the First bank to establish in India?
(a) 1705
(b) 1770
(c) 1707
(d) 1700




Answers

01. (c)   02. (a)   03. (b)   04. (d)   05. (a)   06. (c)   07. (d)   08. (a)   09. (c)   10. (a)

11. (a)   12. (c)   13. (b)   14. (d)   15. (a)   16. (a)   17. (b)   18. (b)   19. (a)   20. (b)




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