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Free download in PDF Banks in India and their History Multiple Choice Questions and Answers for competitive exams. These short objective type questions with answers are very important for Board exams as well as competitive exams. These short solved questions or quizzes are provided by Gkseries.
(1)
What amount of capital would be infused in Public Sector banks by Indian Government over a period of four years to improve capital ratio and fight with rising bad loans?
[A]
70,000 Crore
[B]
1 Lakh Crore
[C]
2 lakh Crore
[D]
500 Crore
(2)
Which bank has acquired the Sharekhan.com- broking and trading company?
[A]
HSBC
[B]
BNP Paribas
[C]
Deutsche Bank
[D]
ING Vysya
(3)
Which of the following banks were declared as Domestic Systemically Important Banks (D-SIBs) by the RBI on 31st Aiug’15?
[A]
SBI & ICICI Bank
[B]
ICICI Bank & PNB
[C]
HDFC Bank & SBI
[D]
PNB & HDFC
(4)
As per the Fitch Ratings released on 1st Sep’15, which of the following banks has been downgraded by one notch to 'bb' to reflect the growing risk to the bank's capital position from its mounting stressed assets?
[A]
Indian Bank
[B]
Canara Bank
[C]
Axis Bank
[D]
Punjab National Bank
Answer: Punjab National Bank
(5)
The first bank of India 'Bank of Hindustan' was established in the year?
[A]
1880
[B]
1870
[C]
1770
[D]
1775
(6)
Which was the first bank to introduce cheque system in India?
[A]
Bengal Bank
[B]
Bank of Hindustan
[C]
General Bank of India
[D]
Presidency Bank
(7)
Which was the first bank to introduce savings account in India?
[A]
Bank of Hindustan
[B]
General Bank of India
[C]
Presidency Banks
[D]
Bengal Bank
(8)
Which of the following is the Oldest Joint Stock Bank of India which is still working?
[A]
Allahabad Bank
[B]
Bank of Upper India
[C]
Patiala Bank
[D]
State Bank of India
(9)
Oudh Commercial Bank was founded in the year _____?
[A]
1913
[B]
1917
[C]
1894
[D]
1881
(10)
In which year did the Hilton Young Commission submit its report?
[A]
1926
[B]
1921
[C]
1935
[D]
None of the above
(11)
On which date was the Reserve Bank of India established?
[A]
April 1, 1935
[B]
July 12, 1982
[C]
January 1, 1949
[D]
August 15, 1947
(12)
Original headquarters of RBI were located at which of the following place?
[A]
Calcutta
[B]
Bombay
[C]
Delhi
[D]
Chennai
(13)
In which year was The Banking Regulation Act passed in India?
[A]
1947
[B]
1935
[C]
1949
[D]
1965
(14)
Which of the following was the first Indian bank to open a branch on foreign soil?
[A]
Bank of Baroda
[B]
Bank of India
[C]
Punjab National Bank
[D]
Bank of Allahabad
(15)
What was the State Bank of India called before it was created through SBI Act?
[A]
Bank of Hindustan
[B]
Bank of Madras
[C]
Imperial Bank of India
[D]
Imperial Bank of Calcutta
Answer: Imperial Bank of India
(16)
Imperial Bank of India was nationalized in which year?
[A]
1945
[B]
1955
[C]
1949
[D]
1965
(17)
In which year were the Subsidiaries of SBI nationalized?
[A]
1955
[B]
1949
[C]
1959
[D]
1969
(18)
How many banks were nationalized in India in the year 1969?
[A]
12
[B]
3
[C]
14
[D]
8
(19)
In April 1980, ____ banks were nationalized in India?
(20)
The liberalization of Indian Banking and Regulation was done based on recommendation of _______?
[A]
R Gandhi Committee
[B]
Narasimham Committee
[C]
Basel Committee
[D]
Khusro Committee
Answer: Narasimham Committee
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