1 .
Reserve Bank of India was established on
A.  April 12, 1932
B.  April 1, 1935
C.  May 2, 1943
D.  November 13, 1941
E.  None of these
View Answer Discuss in Forum
2 .
Reserve Bank of India was nationalised on
A.  21 May, 1948
B.  13 July, 1951
C.  1 January, 1949
D.  12 October, 1951
E.  None of these
View Answer Discuss in Forum
3 .
Which of the following is not the impact of Nationalisation?
A.  Improved efficiency in the Banking system since the public confidence got boosted
B.  Sectors such as Agriculture, small and medium industries started getting funds leading to economic growth.
C.  Increased penetration of Bank branches in the rural areas
D.  Flow of FDIs
E.  None of these
View Answer Discuss in Forum
4 .
On 19th July, 1969, the following number of commercial banks was nationalized
A.  14
B.  12
C.  28
D.  24
E.  None of these
View Answer Discuss in Forum
5 .
Which of the following is the first commercial bank?
A.  State Bank of India
B.  Oudh Commercial Bank
C.  Union Bank of india
D.  Indian Bank
E.  None of these
View Answer Discuss in Forum
6 .
State Bank of India was established on
A.  May 2, 1951
B.  June 21, 1952
C.  July 1, 1955
D.  August 12, 1956
E.  None of these
View Answer Discuss in Forum
7 .
NABARD (National Bank for Agriculture and Rural Development) was established in
A.  1979
B.  1980
C.  1981
D.  1982
E.  1985
View Answer Discuss in Forum
8 .
Regional Rural Banks were established on
A.  July 3, 1970
B.  April 14, 1971
C.  October 2, 1975
D.  November 23, 1978
E.  None of these
View Answer Discuss in Forum
9 .
Lead Bank system was started on the recommendations of
A.  Raja challaia committee
B.  kelkar committee
C.  Nariman Committee
D.  Malhotra Committee
E.  None of these
View Answer Discuss in Forum
10 .
Lead Bank system was started in
A.  1967
B.  1968
C.  1969
D.  1970
E.  1972
View Answer Discuss in Forum
11 .
Reserve Bank of India (RBI) follows the Minimum Reserves System in issuing currency since
A.  1950
B.  1952
C.  1954
D.  1956
E.  1951
View Answer Discuss in Forum
12 .
Reserve Bank of India started the system of ombudsman to resolve grievances of customers in
A.  1994
B.  1995
C.  1996
D.  1997
E.  1998
View Answer Discuss in Forum
13 .
The credit control methods adopted by the Reserve Bank are
A.  Quantitative controls
B.  Qualitative controls
C.  Fixed controls
D.  Both a and b
E.  None of these
View Answer Discuss in Forum
14 .
Which of the following Committees were appointed by the Government for restructuring the Regional Rural Development Banks?
A.  Bhandar committee
B.  K.Basu Committee
C.  Raj Committee
D.  Both a and b
E.  None of these
View Answer Discuss in Forum
15 .
The concept of 'Universal Banking' was implemented in India on the recommendations of:
A.  Abid Hussain Committee
B.  R H Khan Committee
C.  S Padmanabhan Committee
D.  Y H Malegam Committee
E.  None of these
View Answer Discuss in Forum
16 .
Oudh Commercial Bank was established in
A.  1878
B.  1879
C.  1880
D.  1881
E.  None of these
View Answer Discuss in Forum
17 .
Which of the following is the first Private bank established based on the recommendations of the Narasimhan Committee?
A.  UTI Bank Ltd
B.  Union Bank
C.  Bank of Baroda
D.  Dena Bank
E.  None of these
View Answer Discuss in Forum
18 .
In 1993, a Nationalized bank was merged with Punjab National Bank (PNB), what is the name of that Bank?
A.  Bank of Baroda
B.  Global Trust Bank
C.  New Bank of India
D.  Bank of India
E.  None of these
View Answer Discuss in Forum
19 .
The biggest commercial bank in India is
A.  RBI
B.  SBI
C.  IDBI
D.  Exim Bank of India
E.  None of these
View Answer Discuss in Forum
20 .
ICICI is a
A.  Financial Institution
B.  Rural Development Bank
C.  Cooperative Bank
D.  Space Research Institute
E.  None of these
View Answer Discuss in Forum
21 .
Which is the oldest Public Sector Bank in India?
A.  Punjab National Bank
B.  Dena Bank
C.  Allahabad Bank
D.  Oriental Bank of Commerce
E.  None of these
View Answer Discuss in Forum
22 .
Which of the following banks was renamed as the State Bank of India?
A.  Bank of madras
B.  Bank of calcutta
C.  Bank of Bengal
D.  Imperial Bank of India
E.  None of these
View Answer Discuss in Forum
23 .
Which of the following banks was the first bank of India with limited liability managed by Indian Board?
A.  General Bank of india
B.  Bank of Hindustan
C.  Oudh commercial Bank
D.  Bank of India
E.  None of these
View Answer Discuss in Forum
24 .
Which of the following was not the cause of nationalization of banks in India?
A.  The banks mostly catered to the needs of large industries, big business houses
B.  Sectors such as agriculture, small scale industries and exports were lagging behind
C.  The poor masses continued to be exploited by the moneylenders
D.  Banks refused to obey the rules stipulated by the government
E.  None of these
View Answer Discuss in Forum
25 .
Which of the following committees gave its recommendation i.e. to allow the entry of private sector players into the banking system in 1991?
A.  The narsimhan committee
B.  D R Mehta committee
C.  Abid Hussain Committee
D.  B Eradi Committee
E.  None of these
View Answer Discuss in Forum
26 .
Which among the following is the early Indian joint stock bank surviving to the present and is now one of the largest banks in India?
A.  Allahabad Bank
B.  State Bank of India
C.  Bank of Baroda
D.  Punjab National Bank
E.  None of these
View Answer Discuss in Forum
27 .
In the second phase in 1980, how many more banks were nationalised?
A.  6
B.  12
C.  4
D.  10
E.  None of these
View Answer Discuss in Forum
28 .
In which year was Paper Currency Act enacted by the British Government of India?
A.  1872
B.  1851
C.  1937
D.  1861
E.  None of these
View Answer Discuss in Forum
29 .
In which year was the first bank of India 'Bank of Hindustan' established?
A.  1885
B.  1921
C.  1770
D.  1935
E.  None of these
View Answer Discuss in Forum
30 .
Which of the following banks opened a branch on a foreign soil for the first time?
A.  State Bank of India
B.  Bank of Punjab
C.  Bank of Madras
D.  Bank of India
E.  None of these
View Answer Discuss in Forum
31 .
In which year the Regional Rural Banks began working in India?
A.  1960
B.  1962
C.  1975
D.  1981
E.  None of these
View Answer Discuss in Forum
32 .
The earliest evidence of Banking transactions in India comes from _______
A.  Vedic Era
B.  maurya Era
C.  Mughal Era
D.  Medieval Era
E.  None of these
View Answer Discuss in Forum
33 .
Which among the following are the correct locations of three presidency banks during British India?
A.  Surat, Madras, Calcutta
B.  Bombay, Madras, Surat
C.  Calcutta, Bombay, Madras
D.  Surat, Bombay, Madras
E.  None of these
View Answer Discuss in Forum

General Economics RBI and its Guidlines


Sponsored Links
500
Write your Comment or Discuss..
    Log in | Sign up

    Copyright 2019-2020 | Privacy Policy | Terms and Conditions | Contact us | Advertise