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Banks in India and their History Quiz | Banks in India and their History Short Questions and Answers

41 Which was the second bank in India with limited liability?
[A] Punjab National Bank
[B] Imperial Bank of India
[C] New Bank of India
[D] State Bank of India
Answer: Punjab National Bank
42 When did the banking crisis of 1913-1917 end?
[A] 1917
[B] 1949
[C] 1955
[D] 1959
Answer: 1949

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43 Which among the following is not a public sector bank?
[A] Allahabad Bank
[B] City Union Bank
[C] UCO Bank
[D] Vijaya Bank
Answer: City Union Bank
44 Which bank was the sponsor of Prathama Gramin Bank?
[A] Bank of Baroda
[B] Indian Bank
[C] Punjab National Bank
[D] Syndicate Bank
Answer: Syndicate Bank
45 Which is the largest commercial bank of the country?
[A] Bank of India
[B] Canara Bank
[C] State Bank of India
[D] Union Bank of India
Answer: State Bank of India
46 Which was the first Indian bank to get ISO?
[A] Canara Bank
[B] Punjab National Bank
[C] State Bank of India
[D] Central Bank of India
Answer: Canara Bank
47 Who was the founder of Punjab National Bank?
[A] Bal Gangadhar Tilak
[B] Bhagat Singh
[C] Bipin Chandra Pal
[D] Lala Rajpat Rai
Answer: Lala Rajpat Rai
48 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
Answer: Bengal Bank
49 Which bank started the first RRB named Prathama Grameen Bank?
[A] Punjab National Bank
[B] State Bank of India
[C] Syndicate Bank
[D] United Bank of India
Answer: Syndicate Bank
50 When was general insurance business nationalised?
[A] 1938
[B] 1971
[C] 1973
[D] 1993
Answer: 1973
51 When was the first Land Mortgage Bank established?
[A] 1920
[B] 1925
[C] 1931
[D] 1935
Answer: 1920
52 Which is the first Indian bank that started solely with Indian capital investment?
[A] Canara Bank
[B] Central Bank of India
[C] Punjab National Bank
[D] State Bank of India
Answer: Punjab National Bank
53 Which country started first plastic notes?
[A] Afghanistan
[B] Argentina
[C] Australia
[D] Austria
Answer: Australia
54 Which bank launched smart star account?
[A] HDFC Bank
[B] HSBC
[C] ICICI Bank
[D] IDBI Bank
Answer: ICICI Bank
55 Which movement encouraged the formation of commercial banks?
[A] Swadeshi movement
[B] Quit India Movement
[C] Non Cooperation Movement
[D] Civil Disobedience Movement
Answer: Swadeshi movement
56 Which was the first bank to introduce savings account in India?
[A] Bank of Hindustan
[B] General Bank of India
[C] Presidency Bank
[D] Bengal Bank
Answer: Presidency Bank
57 Which was the first Indian bank to open branch outside India?
[A] Andhra Bank
[B] Bank of Baroda
[C] Bank of India
[D] Canara Bank
Answer: Bank of India
58 When was the National Bank of Agriculture and Rural Development established?
[A] July, 1982
[B] July, 1969
[C] June, 1951
[D] June, 1961
Answer: July, 1982
59 Which was the first bank to introduce ATM in India?
[A] HSBC
[B] Standard Chartered Bank
[C] State Bank of India
[D] United Bank of India
Answer: HSBC
60 When did the Government initiate the process of amalgamation of RRBs in a phased manner?
[A] September, 2005
[B] March, 2009
[C] June, 2009
[D] March, 2010
Answer: September, 2005

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