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

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Questions
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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