Indian Banking Industry MCQ Practice

• Topic: Indian Banking Industry

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• Number of Questions: 10
• Target: SBI PO, SBI Clerk, RBI Assistant, IBPS PO, IBPS Clerk, SSC CGL, SSC GD, SSC CPO, SSC MTS, SSC CHSL, Railways, etc.

Let’s Start

1. When was RBI nationalized?

1. 1 January 1949
2. 1 January 1950
3. 1 January 1951
4. 1 January 1952
5. None of these

2. When was SBI formed?

1. 1955
2. 1956
3. 1957
4. 1958
5. 1959

3. Who is the founder of Punjab National Bank?

1. Lala Lajpat Rai
2. K.V. Kamath
3. M.K. Gandhi
4. Shikha Sharma
5. None of these

4. When was IBA established?

1. 1945
2. 1946
3. 1942
4. 1943
5. None of these

5. What is CBS?

1. Cash Banking Solutions
2. Core Banking Solutions
3. Convertible Bonds and Solutions
4. Cashless Banking Solutions

6. Which of the following is a Flexi deposit-

1. Demand Deposit
2. Time Deposit
3. Demand and Time deposit
4. Fixed Deposit
5. None of these

7. Which bank has the Tagline ” Pure Banking Nothing else”?

1. PNB
2. SBI
3. Canara Bank
4. SIDBI

8. Which was the first Indian Bank to set up an ATM in India?

1. SBI
2. BOB
3. ICICI
4. HDFC

9. The interest on the Saving account is calculated on-

1. Daily Basis
2. Daily Product Basis
3. Quarterly
4. Yearly

10. Which is India’s largest private bank, which was earlier named as UTI Bank?

1. ICICI Bank
2. Axis Bank
3. IDBI
4. PNB
5. SBI