Banking Awareness : Quiz 01

Q.1) 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

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c) 19 July, 1969

Q.2) How many banks were nationalized as on 19 July, 1969:

a) 15

b) 13

c) 14

d) None of The Above

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c) 14

Q.3) Scheduled Banks are classified into:

a) State Bank of India and Its Associates

b) Nationalized Banks

c) Regional Rural Banks (RRB)

d) All of the Above

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d) All of the Above

Q.4) Second Time Nationalization of more than 5 banks were conducted in:

a) 1975

b) 1980

c) 1985

d) None of The Above

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b) 1980

Q.5)GATT stands for:

General Agreement on Tariffs, Tradition and Trade

General Agreement on Tradition and Trade

General Agreement on Tariffs and Trade

None of The Above

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c) General Agreement on Tariffs and Trade

Q.6) In 1980, how many banks were nationalized:

a) 5

b) 7

c) 6

d) None of The Above

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c) 6

Q.7) 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

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c) Both of Above

Q.8) ______bank was established in 1786:

a) General Bank

b) Reserve Bank of India

c) Bank of Bengal

d) None of The Above

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a) General Bank

Q.9) 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

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c) State Bank of India

Q.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

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c) Both of Above

Q.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

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d) All of the Above

Q.12) 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

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c) Reserve Bank of India Act 1934

Q.13) Q9. RBI was established in:

a) 1 April, 1940

b) 1 April, 1935

c) 1 April 1948

d) None of The Above

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b) 1 April, 1935

Q.14) 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

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c) 1960

Q.15) First Bank established in India was:

a) Bank of India

b) Bank of Hindustan

c) General Bank of India

d) None of The Above

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b) Bank of Hindustan