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MCQs 1: The first bank of India 'Bank of Hindustan' was established in the year?

1880 1870 1770 1775
Answer Explanation

MCQs 2: With whom does the ownership of Public sector banks rest?

Government of India Jointly with Government of India and share-holders from the public Jointly with Government of India and State Bank of India Jointly with Government of India and Reserve Bank of India
Answer Explanation

MCQs 3: On which date was the Reserve Bank of India established?

April 1, 1935 July 12, 1982 May 26, 2006 September 30, 2005
Answer Explanation

MCQs 4: When financial institutions and banks undertake, activities related to banking like investment, issue of debit and credit card etc., then it is known as ______.

Internet Banking Universal Banking Virtual Banking Wholesale Banking
Answer Explanation

MCQs 5: When did the National Housing Bank start its operations?

July, 1982 July, 1988 April, 1980 March, 1971
Answer Explanation

MCQs 6: Which of the following banks were declared as Domestic Systemically Important Banks (D-SIBs) by the RBI on 31st Aug’15?

SBI & ICICI Bank ICICI Bank & PNB HDFC Bank & SBI PNB & HDFC
Answer Explanation

MCQs 7: Among the following banks, which bank has been renamed as Axis Bank Ltd?

HDFC Bank Centurion Bank Lord Krishna Bank UTI Bank
Answer Explanation

MCQs 8: Which committee recommended the set-up of Regional Rural Banks?

Nayak Committee A P Shah Committee Narsimhan Committee Rangarajan Committee
Answer Explanation

MCQs 9: Who has been appointed as the new Finance Secretary in 2016?

Ashok Lavasa Ratan Watal Rajiv Mehrishi Shanktikanta Das
Answer Explanation

MCQs 10: Who is the present chairman of IRDA in India?

T. S. Vijayan J. Hari Narayan Nilesh Sathe D. D. Singh
Answer Explanation

MCQs 11: As per the RBI Guidelines, on which of the following days RTGS facility will not operate?

1st Monday & 4th Saturday of the month 2nd Saturday & 4th Saturday of the month All Saturdays & 4th Saturday of the month All Saturdays & 2nd Saturday of the month
Answer Explanation

MCQs 12: Which of the following are to be followed by Commercial Banks for risk management?

Basel II norms Basel III norms Basel I norms Solvency II norms
Answer Explanation

MCQs 13: Which was the first bank to introduce cheque system in India?

Bengal Bank Bank of Hindustan General Bank of India Presidency Bank
Answer Explanation

MCQs 14: Which is the largest commercial bank in India?

Bank of India Axis Bank State Bank of India HDFC
Answer Explanation

MCQs 15: Who was the first Indian Governor of RBI?

C. D. Deshmukh Benegal Rama Rau R. K. Shanmukham Chetty K. G. Ambegaokar
Answer Explanation

MCQs 16: Which of the following is known as a Savings Bank Account opened with a commercial bank with zero balance or very minimal balance?

Current Account No-frills Account Fixed Deposit Bank Account Students Savings Bank Account
Answer Explanation

MCQs 17: The performance of which scheme does the National Housing Bank monitor?

Liberalized Finance Scheme Golden Jubilee Rural Housing Finance Scheme Energy Efficient Housing Finance Scheme Finance scheme for indirect loans
Answer Explanation

MCQs 18: Which subsidiary bank was merged with the State Bank of India on August 13, 2008?

State Bank of Hyderabad State Bank of Indore State Bank of Mysore State Bank of Saurashtra
Answer Explanation

MCQs 19: Who has been named as the best banking CEO in Asia by the All-Asia Executive Team rankings 2016?

Uday Kotak Chanda Kochhar Arundhati Bhattacharya Aditya Puri
Answer Explanation

MCQs 20: The first RRB of India Prathama Bank was established in which year?

1975 1976 1980 1969
Answer Explanation

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