1. ____________ allocates saving efficiently in an economy to ultimate users
either for investment in real assets or for consumption.
Correct : C. Financial system
2. Which of the following is not a regulatory institution in Indian financial system?
Correct : B. CIBIL
3. _____________ is regarded as a queen of Indian financial system.
Correct : B. RBI
4. National Housing bank is a fully owned subsidiary of___________.
Correct : C. RBI
5. Financial institutions are also known as ______________.
Correct : B. Financial intermediaries
6. ____________is the first development financial institution in India.
Correct : C. IFCI
7. IDBI was established in ____________.
Correct : D. 1964
8. ______________is an apex institution to coordinate, supplement and integrate the activities of all
existing specialized financial institutions.
Correct : B. IDBI
9. Which of the following is not an asset held by Commercial Banks?
Correct : B. Current Account Deposits
10. Which of the following combinations is correct?
Correct : C. RRB---------------Agriculture Finance
11. Which of the following is not an organized sector in India?
Correct : D. Chits and Money lenders
12. In which year was the Banking Regulation Act passed?
Correct : A. 1949
13. When did the National Bank of Agriculture and Rural Development establish?
Correct : A. July, 1982
14. Which of the following is the apex institution which handles refinance for agriculture and rural
development in India?
Correct : C. NABARD
15. At which of the following cities is the Head Office of Reserve Bank of India located?
Correct : A. Mumbai
16. “Scheduled bank” in India means a bank _____.
Correct : D. Included in the Second schedule to the Reserve Bank of India Act 1934
17. Which is the largest commercial bank in India?
Correct : C. State Bank of India
18. Co-operative Societies Act was enacted in which year?
Correct : A. 1912
19. With whom does the ownership of Public sector banks rest?
Correct : A. Government of India
20. In which year was the Bank of Maharashtra established?
Correct : B. 1935
21. Urban Cooperative Banks are also called as?
Correct : C. Primary Cooperative Banks
22. What is the full-form of NBFC?
Correct : C. Non-Banking Financial Company
23. Who insures banks in India?
Correct : C. DICGC
24. How many developments banks are there in India?
Correct : B. 6
25. A bank is a financial intermediary because
Correct : B. it acts as the link between the savers and the borrowers
26. Bank’s services include
Correct : D. All the above
27. An Investment Bank is a bank
Correct : C. An intermediary which performs a variety of financial services to corporate
28. _____________are NOT a part of the Scheduled banking structure in India.
Correct : A. Money lenders
29. Which of the following is NOT a function of Commercial Bank?
Correct : B. Deciding policy rates like CRR, SLR and Repo rate.
30. Which of the following public sector banks has the largest number of branches in foreign countries?
Correct : B. Bank of Baroda
31. Bank of Rajasthan is now merged with which of the following Banks?
Correct : C. ICICI bank
32. The rupee Note contain the signature of –
Correct : D. Finance Minister, GOI
33. Zero balance account is generally allowed to be open for –
Correct : A. Salaried Class
34. The only merger of two public sector banks took place between –
Correct : B. Punjab National Bank and New Bank of India
35. Canara Bank and Corporation Bank have headquarters in _____ and _____ respectively.
Correct : A. Bangalore, Mangalore
36. Which bank was united with the Punjab National Bank in 1993?
Correct : B. New Bank of India
37. Which among the following bank has its headquarters in Mumbai?
Correct : D. Bank of India
38. Which bank has become the first private sector bank to sell Indian gold coins?
Correct : B. Federal Bank
39. Which private bank was earlier known as The Kumbakonam Bank Limited?
Correct : D. City Union Bank
40. Which Private bank is the wholly owned subsidiary of Bank of Baroda?
Correct : B. Nainital Bank
41. Among the following banks, which bank has been renamed as Axis Bank Ltd?
Correct : D. UTI Bank
42. Where is the operational head office of HSBC Bank located in India?
Correct : C. Mumbai
43. How many foreign banks are there in India at present?
Correct : D. 45
44. Which is the largest foreign bank in India?
Correct : C. Standard Chartered Bank
45. Where Citi Bank India was first established its office in 1902?
Correct : A. Calcutta
46. Which is the 3rd largest foreign bank of India in terms of branches?
Correct : A. HSBC
47. Bhartiya Mahila Bank was founded in the year ____?
Correct : C. 2013
48. Which one among the following has not started commercial banking?
Correct : A. SIDBI
49. The merger of _________and ________was the first M and A activity after liberalization.
Correct : C. ICICI and ICICI Bank
50. How many banks were nationalized in India in the year 1969?
Correct : C. 14
51. In April 1980, ____ banks were nationalized in India?
Correct : C. 6
52. In which year were the Subsidiaries of SBI nationalized?
Correct : B. 1959
53. Imperial Bank of India was nationalized in which year?
Correct : B. 1955
54. What was the State Bank of India called before it was created through SBI Act?
Correct : C. Imperial Bank of India
55. Lead Bank System was started in__________.
Correct : D. 1969
56. When were the banks nationalized in our country?
Correct : C. On 19th July 1969 and 15th April 1980
57. What are the major change in banking sector of India after nationalization of Banks?
Correct : A. Expansion of bank branches
58. Largest shareholder (in percentage shareholding) of a Nationalized bank is?
Correct : C. Government of India
59. The bank which was not nationalized in 1969.
Correct : B. Oriental Bank of Commerce
60. What is the number of nationalized banks in India?
Correct : A. 20
61. Reserve Bank of India was nationalized on___________.
Correct : C. 1 January 1949
62. Lead Bank System was started on the recommendations of _________.
Correct : C. Nariman Committee
63. When was general insurance business nationalized?
Correct : C. 1973
64. First Bank established in India was:
Correct : B. Bank of Hindustan
65. Which of these banks was nationalised in 1969?
Correct : A. United Bank of India
66. Which nationalised bank was merged with Punjab National bank in 1993?
Correct : D. New bank of India
67. Who was the Prime Minister of India when Banking Nationalization was done in 1969?
Correct : B. Indira Gandhi
68. When was the State Bank of India nationalised?
Correct : A. 1955
69. Which of these banks was not associated with the State Bank of India in 1959?
Correct : D. State Bank of Patna
70. Why were Banks nationalised in India?
Correct : C. To provide the government of India more control of credit delivery
71. Which of these banks was nationalised in 1969?
Correct : D. All of the above
72. The first bank of India 'Bank of Hindustan' was established in the year?
Correct : C. 1770
73. Imperial Bank was nationalized and name it as…………….
Correct : A. State Bank of India
74. In which year the second round of Bank nationalisation was done?
Correct : C. 1980
75. Which is India’s largest commercial bank?
Correct : B. SBI
76. In which year State Bank of India Act was passed?
Correct : C. 1955
77. The Imperial Bank of India, after its nationalization came to be known as
Correct : B. State Bank of India
78. Which of the first subsidiary bank of State Bank of India to do whole computerization of all its branches?
Correct : A. State Bank of Patiala
79. Establishment of SBI precedes the establishment of __________.
Correct : D. All the above
80. State Bank of India is a__________.
Correct : A. Public Sector Bank
81. State bank of INDIA started merchant banking in
Correct : C. 1973
82. Which bank came into existence in the year 1921 when three banks namely, Bank of Bengal (1806), Bank
of Bombay (1840) and Bank of Madras (1843) were reorganized and amalgamated to form a single banking entity?
Correct : B. Imperial Bank of India
83. ____is the largest commercial bank in India in terms of assets, deposits, profits, branches, customers and
employees:
Correct : C. SBI bank
84. SBI lends money to other commercial banks.
Correct : A. True
85. The Government of India is the single largest shareholder of this (SBI) fortune 500 entity with
______ownership:
Correct : A. 61.58%
86. In 1955, the Reserve Bank of India acquired the controlling interests of the _________and SBI was
created by an act of parliament:
Correct : B. Imperial Bank of India
87. The State Bank group (Including SBI) has how many subsidiaries:
Correct : A. 8
88. Which of the following is not a state bank group subsidiary:
Correct : D. State Bank of Allahabad
89. Which services provided by SBI:
Correct : D. All of the above
90. Which among the following banks has more ATMs?
Correct : C. SBI
91. Where is the head Quarter of SBI?
Correct : A. Mumbai
92. What is the tagline of SBI?
Correct : A. Pure banking Nothing Else
93. The Govt. of India has acquired RBI’s stake in one of the major banks of India. Which of the following is
the bank?
Correct : D. SBI
94. SBI act was passed in parliament in?
Correct : C. 1955
95. Which of the following pairing is no correct?
Correct : C. State Bank of Mysore - Mysore
96. The first associate bank of SBI?
Correct : C. State Bank of Hyderabad
97. Which of the following bank is not regulated by Reserve Bank of India?
Correct : A. State Bank of Sikkim
98. SBI has launched NETC- SBI FASTag. What does N stands for in NETC?
Correct : B. National
99. Which of the following banks has the largest number of branches?
Correct : B. SBI
100. In which year the Regional Rural Banks Act was passed?