Banking General Awareness Indian Banking Industry Question Bank

done Indian Banking Industry Total Questions - 25

• question_answer1)

  Which of the following is (rue regarding Presidency Banks in India?                               (1) Bank of Bengal, Bank of Bombay, Bank of Madras (2) These banks are also called quasi banks (3) Imperial Bank of India was setup by merging presidency Banks                          (4) These Banks are the-first in India (5) These banks were nationalized on 1st January, 1949

  A)
  A and B are true done clear
  B)
  A, B, C are correct done clear
  C)
  A, B, C, E are correct done clear
  D)
  All options are correct done clear
  E)
  No option is correct done clear
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• question_answer2)
  Before the establishment of the Reserve Bank of India, who had been handed over the charge of exchange control?
  A)
  Allahabad Bank done clear
  B)
  Imperial Bank of India done clear
  C)
  Punjab National Bank done clear
  D)
  General Bank of India done clear
  E)
  None of the above done clear
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• question_answer3)

  Which of the following statements are true about Central Bank of India? (1) It was started in 1911 (2) It was India's 1st Swadeshi Bank (3) Its tagline "Central to you since 1911", (4) Its Head office is in Lucknow (5) Its 1st Chairman was Sir Pherozesha Mehta

  A)
  A and B are true done clear
  B)
                                A, B, C are correct done clear
  C)
  A, B, C, E are correct done clear
  D)
  All options are correct done clear
  E)
  No option is correct done clear
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• question_answer4)
  Deposit account which have not been operated more than 10 years are to be classified as:
  A)
  Inoperative accounts done clear
  B)
  Dormant accounts done clear
  C)
  Unclaimed accounts done clear
  D)
  Dead accounts done clear
  E)
  None of these done clear
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• question_answer5)
  When was RBI nationalized?
  A)
  1 January 1949 done clear
  B)
  1 January 1950 done clear
  C)
  1 January 1951 done clear
  D)
  1 January 1952 done clear
  E)
  None of these done clear
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• question_answer6)
  As per the new guidelines issued by RBI minimum required capital to setup a bank by corporate is
  A)
  Rs. 600 cr. done clear
  B)
  Rs. 700 cr. done clear
  C)
  Rs. 400 cr. done clear
  D)
  Rs. 500 cr.  done clear
  E)
  None of these done clear
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• question_answer7)
  When was SBI formed?
  A)
  1955 done clear
  B)
  1956 done clear
  C)
  1957 done clear
  D)
  1958 done clear
  E)
  1959 done clear
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• question_answer8)
  Which of the following public sector banks has the largest number of branches in foreign countries?
  A)
  Bank of India done clear
  B)
  State Bank of India done clear
  C)
  Punjab National Bank done clear
  D)
  Corporation Bank done clear
  E)
  None of these done clear
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• question_answer9)
  The only merger of two public sector banks took place between
  A)
  Bank of India and New Bank of India done clear
  B)
  Punjab National Bank and New Bank of India done clear
  C)
  Allahabad Bank and United Bank of India done clear
  D)
  Punjab National Bank and Bank of Rajasthan done clear
  E)
  None of these done clear
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• question_answer10)
  Which of the following banks was inaugurated by Mahatma Gandhi in 1919?
  A)
  Bank of Maharashtra done clear
  B)
  Bank of Baroda done clear
  C)
  State Bank of Saurashtra done clear
  D)
  Union Bank of India done clear
  E)
  None of these done clear
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• question_answer11)
  Which of the following terms is used in banking field?
  A)
  Input devices done clear
  B)
  Mouse done clear
  C)
  Eraser done clear
  D)
  Bank rate done clear
  E)
  None of these done clear
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• question_answer12)
              Which of the following is Flexi deposit
  A)
  Demand Deposit done clear
  B)
  Time Deposit done clear
  C)
  Demand & Time Deposit done clear
  D)
  Fixed deposit done clear
  E)
  None of these done clear
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• question_answer13)
  Liquidity with a banker means:
  A)
  Cash in hand done clear
  B)
  Cash and bank balances done clear
  C)
  Short term current assets to convert into cash done clear
  D)
  All the above done clear
  E)
  None of these done clear
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• question_answer14)
          Which is India's third largest private bank, which was earlier named as UTI Bank?
  A)
  ICICI Bank done clear
  B)
  Axis Bank done clear
  C)
  IDBI done clear
  D)
  PNB done clear
  E)
  SBI done clear
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• question_answer15)
  Which of the following does not provide interest?
  A)
  Savings Account done clear
  B)
  Current Account done clear
  C)
  Fixed Account done clear
  D)
  Recurring Account done clear
  E)
  None of these done clear
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• question_answer16)
  Which of the following is the apex institution which handles refinance for agriculture and rural development in India?
  A)
  RBI done clear
  B)
  SIDBI done clear
  C)
  NABARD done clear
  D)
  SEBI done clear
  E)
  None of these done clear
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• question_answer17)
  The interest on Saving account is calculated on
  A)
  Daily Basis done clear
  B)
  Daily Product Basis done clear
  C)
  Quarterly done clear
  D)
  Yearly done clear
  E)
  None of these done clear
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• question_answer18)
  Benefits of Core banking is
  A)
  Reliable centralized data recovery done clear
  B)
  Enable warehousing and data mine technology done clear
  C)
  Integrated customer center services done clear
  D)
  Core infrastructure and used for future expenses done clear
  E)
  All the above done clear
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• question_answer19)
  What is minimum paid up capital for setting up a Commercial Bank in India?
  A)
  Rs.100cr done clear
  B)
  Rs.200cr done clear
  C)
  Rs.300cr done clear
  D)
  Rs.400cr done clear
  E)
  Rs.500cr done clear
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• question_answer20)
  Who is the founder of Punjab National Bank?
  A)
  Lala Lajpat Rai done clear
  B)
  K.V. Kamath done clear
  C)
  M.K. Gandhi done clear
  D)
  Shikha Sharma done clear
  E)
  None of these done clear
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• question_answer21)
  Which bank has Tagline "Pure Banking Nothing else"?
  A)
  PNB done clear
  B)
  SBI done clear
  C)
  Canara Bank done clear
  D)
  SIDBI done clear
  E)
  None of these done clear
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• question_answer22)
  Which was the first Indian Bank to setup an ATM in India?
  A)
  SBI done clear
  B)
  BOB done clear
  C)
  ICICI done clear
  D)
  HDFC done clear
  E)
  None of these done clear
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• question_answer23)
  What do you mean by LPG in Banking?
  A)
  Liberalization, Privatization, Globalization done clear
  B)
  Liberty, Peace, Grooming done clear
  C)
  Light, Power, Gross done clear
  D)
  Liberalization, Publication, Globalization done clear
  E)
  None of these done clear
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• question_answer24)
  When was IBA established?
  A)
  1945 done clear
  B)
  1946 done clear
  C)
  1942 done clear
  D)
  1943 done clear
  E)
  None of these done clear
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• question_answer25)
  What is CBS?
  A)
  Cash Banking Solutions done clear
  B)
  Core Banking Solutions done clear
  C)
  Convertible Bonds and Solutions done clear
  D)
  Cashless banking Solutions done clear
  E)
  None of these done clear
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