General Banking Awareness - MCQs with answers - Part II
1. Which is the first bank to introduce credit card in India?a) Canara Bank
b) Central Bank of India
c) Bank of Baroda
d) ICICI Bank
View Answer / Hide AnswerANSWER: b) Central Bank of India
Central Bank was the first public bank to introduce credit card in India.
2. Which bank launched Mobile Bank Accounts in association with Vodafone's m-paisa?a) Bank of Baroda
b) HDFC Bank
c) ICICI Bank
d) Punjab National Bank
View Answer / Hide AnswerANSWER: b) HDFC Bank
It was incorporated in 1994.
3. Which is the largest public sector bank in India?a) Bank of Baroda
b) Canara Bank
c) Central Bank of India
d) State Bank of India
View Answer / Hide AnswerANSWER: d) State Bank of India
It is a government-owned corporation with its headquarters in Mumbai.
4. Which is the largest private sector bank in India?a) Axis Bank
b) ICICI Bank
c) HDFC Bank
d) South Indian Bank
View Answer / Hide AnswerANSWER: b) ICICI Bank
It offers a wide range of banking products and financial services for corporate and retail customers through a variety of delivery channels and specialized subsidiaries in the areas of investment banking, asset management etc.
5. Which is the largest foreign bank in India?a) American Express Bank Ltd.
b) DBS Bank Ltd.
c) HSBC Ltd.
d) Standard Chartered Bank
View Answer / Hide AnswerANSWER: d) Standard Chartered Bank
Standard Chartered Bank have been operating in India since 1858.
6. Which is the first Indian bank to open branch outside India?a) Andhra Bank
b) Bank of Baroda
c) Bank of India
d) Canara Bank
View Answer / Hide AnswerANSWER: c) Bank of India
Bank of India is the first Indian bank to open branch outside India at London in 1946.
7. Which bank started the first RRB named Prathama Grameen Bank?a) Punjab National Bank
b) State Bank of India
c) Syndicate Bank
d) United Bank of India
View Answer / Hide AnswerANSWER: c) Syndicate Bank
The bank was known as Canara Industrial and Banking Syndicate Limited at the time of establishment.
8. Which is the first bank to introduce ATM in India?a) HSBC
b) Standard Chartered Bank
c) State Bank of India
d) United Bank of India
View Answer / Hide AnswerANSWER: a) HSBC
Hongkong and Shanghai Banking Corporation introduced ATM in 1987.
9. Which bank approved loan to help India in improving Rail services?a) African Development Bank
b) Asian Development Bank
c) BRICS Development Bank
d) World Bank
View Answer / Hide AnswerANSWER: b) Asian Development Bank
The Asian Development Bank was established on 22 August 1966.