General Banking Awareness - MCQs with answers - Part I
General Banking Awareness - MCQs with answers - Part I
1. Which is the first bank established in India?a) Bank of Calcutta
b) Bank of Hindustan
c) General Bank of India
d) State Bank of India
View Answer / Hide AnswerANSWER: b) Bank of Hindustan
Bank of Hindustan was established in 1770.
a) Canara Bank
b) Punjab National Bank
c) State Bank of India
d) Central Bank of India
View Answer / Hide AnswerANSWER: a) Canara Bank
Canara Bank was established in 1906. The bank was nationalised in 1969.
a) Canara Bank
b) Central Bank of India
c) Punjab National Bank
d) State Bank of India
View Answer / Hide AnswerANSWER: c) Punjab National Bank
It was founded in 1894.
a) Bal Gangadhar Tilak
b) Bhagat Singh
c) Bipin Chandra Pal
d) Lala Rajpat Rai
View Answer / Hide AnswerANSWER: d) Lala Rajpat Rai
His death anniversary is celebrated as Martyrs' Day in India.
a) James Braid Taylor
b) Mihir Sen
c) Nagendra Singh
d) Osborne Smith
View Answer / Hide AnswerANSWER: d) Osborne Smith
Osborne Smith was the Governor of Reserve Bank of India from 1 April 1935 to 30 June 1937.
a) C. D. Deshmukh
b) Benegal Rama Rau
c) R. K. Shanmukham Chetty
d) K. G. Ambegaonkar
View Answer / Hide AnswerANSWER: a) C. D. Deshmukh
Sir Chintaman Dwarakanath Deshmukh was the first Indian to be appointed as the Governor of the Reserve Bank of India in 1943 by the British Raj authorities.
a) Bank of Hindustan
b) General Bank of India
c) Presidency Bank
d) Bengal Bank
View Answer / Hide AnswerANSWER: c) Presidency Bank
In 1833, savings account system was started by Presidency Bank.
a) Bengal Bank
b) Bank of Hindustan
c) General Bank of India
d) Presidency Bank
View Answer / Hide AnswerANSWER: a) Bengal Bank
In 1833, cheque system was introduced by Bengal Bank.
a) Canara Bank
b) ICICI Bank
c) Punjab National Bank
d) State Bank of India
View Answer / Hide AnswerANSWER: b) ICICI Bank
ICICI Bank was introduced in 1994.
a) Bank of Baroda
b) ICICI Bank
c) Punjab National Bank
d) State Bank of India
View Answer / Hide AnswerANSWER: d) State Bank of India
In 1961, mutual fund was introduced in India.
