Thursday, 4 August 2016

Banking and Financial Awareness for RBI/IBPS Exams

Q1. Which is the first bank that was purely managed by Indians? 
a) Allahabad Bank 
b) Punjab National Bank
c) Punjab & Sind Bank 
d) Oudh Commercial Bank 

Q2. How many banks were nationalized in 1969 (Smt. Indira Gandhi regime)? 
a) 14
b) 15 
c) 13 
d) 12 

Q3. In which year 6 banks were nationalized (Smt. Indira Gandhi regime)? 
a) 1969 
b) 1955 
c) 1980 
d) 1934 

Q4. RBI performs supervisory functions over banking sector, under which of the following Acts....?
a) Negotiable Instrument Act, 1881 
b) Banking Regulation Act, 1949
c) Reserve Bank of India Act, 1934 
d) Companies Act, 1956 

Q5. Which of the following banks is not nationalized in 1969? 
a) Indian Overseas Bank 
b) United Bank of India 
c) Oriental Bank of Commerce 
d) Dena Bank 

Q6. Initially SBI had 8 Associate banks. Currently SBI has 5 Associate banks. Which of the followings is true? 
a) State Bank of Jaipur and State Bank of Bikaner merged 
b) State Bank of Saurashtra merged with SBI 
c) State Bank of Indore merged with SBI 
d) All of the above are true

Q7. Which of the following is not considered as Nationalized Bank? 
a) State Bank of India
b) Punjab National Bank 
c) Dena Bank 
d) Bank of Baroda 

Q8. Where is the headquartered of Bharatiya Mahila Bank (BMB)? 
a) Kolkata 
b) Chennai 
c) Mumbai 
d) New Delhi

Q9. Example of the product line of a Bank is? 
a) Car loan 
b) Personal loan 
C) Home loan
d) All of the above

Q10. 'Trusted Family Bank' - is the tagline of....? 
a) Dena Bank 
b) Corporation Bank 
c) Central Bank of India 
d) Oriental Bank of Commerce 

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