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Bank Mcq Question Set 1

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1. In which year, the first bank of India "Bank of Hindustan" was established ?




2. Which among the following are the correct locations of three presidency banks during British India?




3. Which of the following is the oldest Joint Stock Bank of India?




4. Under which kind of banking, the purchasing through net banking comes?




5. What is the full form of MIBOR?




6. Money market is a market for:




7. What is the main function of international monetary fund?




8. Oudh Commercial Bank was founded in _______.




9. Which was the first in India with limited liability?




10. Which was the second bank in India with limited liability?




11. Punjab National Bank was established in ________.




12. Which movement encouraged the formation of commercial banks?




13. When did the banking crisis of 1913-1917 end?




14. In which year was the Banking Regulation Act passed?




15. Imperial Bank of India was nationalised in _______.




16. Which bank was baptised as the State Bank of India?




17. Which Bank was established in 1881 in Faizabad, and was the first commercial bank in India having limited liability and an entirely Indian board of directors?




18. Which among the following is a Public Sector Bank in India?




19. Imperial Bank of India was the old name of:




20. Government of India, nationalised ______ major private sector banks in year 1969




21. In India, Credit Rating Agencies are regulated by:




22. Which among the following accounts are allowed to be operated by cheques?




23. An adjustable-rate mortgage loan in which the borrower pays a very low initial interest rate, which increases after a few years is referred to as:




24. The ownership structure of Regional Rural Banks (RRBs) comprises of:




25. What does letter U stand for in abbreviation ULIP ?




26. Which among the following public sector banks, has its headquarters in Kolkata?




27. Which bank was united with the Punjab National Bank in 1993?




28. Which among the following is not a public sector bank?




29. Which is the largest commercial bank of the country?




30. The subsidiary banks attached to the State Bank are:




31. The RBI sanctioned the amalgamation of the Centurion Bank with the HDFC Bank on ______.




32. Which one of the subsidiary banks was merged with the State Bank of India on August 13, 2008?




33. According to which issue of guidelines did the RBI grant approval for the setting up of 13 new privately-owned domestic banks?




34. The new privately-owned domestic banks that started functioning with the approval of the RBI as per the issue of guidelines in January 1993 include:




35. When did the nationalisation of major banks happen?




36. Deposits mobilised by the banks are utilised for -




37. When did the Government initiate the process of amalgamation of RRBs in a phased manner?




38. When did the National Housing Bank start its operations?




39. The performance of which scheme does the National Housing Bank monitor?




40. When did the National Bank of Agriculture and Rural Development establish?




41. The duration of fund raising from the commercial banks to the extent of RIDFs shortfall in agricultural lending is _________.




42. When did the Government of India set up the Export-Import Bank of India?




43. The main objectives of the Export-Import Bank (EXIM Bank) are:




44. Which bank had the highest concentrations of operations overseas in 2010?




45. When did the Government of India appoint a committee under the chairmanship of Shri M.Narasimham to strengthen the banking system?




46. The Reserve Bank of India was established on _______.




47. Which of the following is true about the functions performed by RBI -