MCQOPTIONS
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This section includes 13 Mcqs, each offering curated multiple-choice questions to sharpen your Banking And Financial Awareness knowledge and support exam preparation. Choose a topic below to get started.
| 1. |
First Bank established in India was: |
| A. | Bank of India |
| B. | Bank of Hindustan |
| C. | General Bank of India |
| D. | None of The Above |
| Answer» C. General Bank of India | |
| 2. |
Bank of Hindustan was established in ____: |
| A. | 1700 |
| B. | 1770 |
| C. | 1780 |
| D. | None of The Above |
| Answer» C. 1780 | |
| 3. |
Which among the following is correct regarding Bank of Hindustan: |
| A. | The bank was established at calcutta under European management |
| B. | It was liquidated on 1829 - 32. |
| C. | Both of Above |
| D. | None of The Above |
| Answer» D. None of The Above | |
| 4. |
Second Time Nationalization of more than 5 banks were conducted in: |
| A. | 1975 |
| B. | 1980 |
| C. | 1985 |
| D. | None of The Above |
| Answer» C. 1985 | |
| 5. |
The Largest and Oldest Bank, still in existence is: |
| A. | Punjab National Bank |
| B. | Reserve Bank of India |
| C. | State Bank of India |
| D. | None of The Above |
| Answer» D. None of The Above | |
| 6. |
RBI was established in: |
| A. | 1 April, 1940 |
| B. | 1 April, 1935 |
| C. | 4/1/1948 |
| D. | None of The Above |
| Answer» C. 4/1/1948 | |
| 7. |
How many banks were nationalized as on 19 July, 1969: |
| A. | 15 |
| B. | 13 |
| C. | 14 |
| D. | None of The Above |
| Answer» D. None of The Above | |
| 8. |
When was the first nationalization of many banks were conducted: |
| A. | 19 August, 1969 |
| B. | 19 October, 1969 |
| C. | 19 July, 1969 |
| D. | None of The Above |
| Answer» D. None of The Above | |
| 9. |
. Reserve Bank of India was established under which among the following act: |
| A. | Reserve Bank of India Act 1930 |
| B. | Reserve Bank of India Act 1921 |
| C. | Reserve Bank of India Act 1934 |
| D. | None of The Above |
| Answer» D. None of The Above | |
| 10. |
Which among the following is correct: |
| A. | State Bank of India originated as the Bank of Calcutta in June 1806. |
| B. | "Bank of Calcutta" was renamed as "Bank of Bengal" |
| C. | Both of Above |
| D. | None of The Above |
| Answer» D. None of The Above | |
| 11. |
Which among the following banks form the "Imperial Bank of India" in 1921: |
| A. | Bank of Bombay |
| B. | Bank of Madras |
| C. | Bank of Bengal |
| D. | All of the Above |
| Answer» E. | |
| 12. |
In which year, SBI was given control of 8 state associated banks under the State Bank of India (Subsidiary Banks) Act, 1959: |
| A. | 1965 |
| B. | 1975 |
| C. | 1960 |
| D. | None of The Above |
| Answer» D. None of The Above | |
| 13. |
______bank was established in 1786: |
| A. | General Bank |
| B. | Reserve Bank of India |
| C. | Bank of Bengal |
| D. | None of The Above |
| Answer» B. Reserve Bank of India | |