Banks in India and their History Quiz | Banks in India and their History Multiple Choice Questions and Answers
Questions
1
What amount of capital would be infused in Public Sector banks by Indian Government over a period of four years to improve capital ratio and fight with rising bad loans?
Answer: 70,000 Crore
2
Which bank has acquired the Sharekhan.com- broking and trading company?
Answer: BNP Paribas
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3
Which of the following banks were declared as Domestic Systemically Important Banks (D-SIBs) by the RBI on 31st Aiug’15?
Answer: SBI & ICICI Bank
4
As per the Fitch Ratings released on 1st Sep’15, which of the following banks has been downgraded by one notch to 'bb' to reflect the growing risk to the bank's capital position from its mounting stressed assets?
Answer: Punjab National Bank
5
The first bank of India 'Bank of Hindustan' was established in the year?
Answer: 1870
6
Which was the first bank to introduce cheque system in India?
Answer: Bengal Bank
7
Which was the first bank to introduce savings account in India?
Answer: Presidency Banks
8
Which of the following is the Oldest Joint Stock Bank of India which is still working?
Answer: Allahabad Bank
10
In which year did the Hilton Young Commission submit its report?
Answer: 1926
11
On which date was the Reserve Bank of India established?
Answer: April 1, 1935
12
Original headquarters of RBI were located at which of the following place?
Answer: Calcutta
14
Which of the following was the first Indian bank to open a branch on foreign soil?
Answer: Bank of India
15
What was the State Bank of India called before it was created through SBI Act?
Answer: Imperial Bank of India
20
The liberalization of Indian Banking and Regulation was done based on recommendation of _______?
Answer: Narasimham Committee
