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Answer» Below are the 15 most asked question in banking exam
(1)Share capital of Reserve Bank of India
(i)Rs. 5 Crore
(ii)Rs. 10 Crore
(iii)Rs. 15 Crore
(iv)Rs. 20 Crore
(2)Name of State Bank of India before it was created by SBI Act
(i)Imperial Bank of Hindustan
(ii)Imperial Bank of Bengal
(iii)Imperial Bank of Madras
(iv)Imperial Bank of India
(3)Find the oldest Joint Stock bank of India from below list
(i)Bank of Baroda
(ii)Allahabad Bank
(iii)Patiala Bank
(iv)Bank of India
(4)First bank to open a branch on foreign
(i)Allahabad Bank
(ii)Bank of India
(iii)State Bank of India
(iv)Bank of Punjab
(5)First bank of India Bank of Hindustan was established in which Year
(i)1870
(ii)1770
(iii)1795
(iv)1880
(6)The Royal Commission on Indian Currency and Finance was also known as
(i)Muddiman Committee
(ii)Hartog Commission
(iii)Hilton-Young Commission
(iv)Buttler Commission
(7)RBI headquarters were located at
(i)Calcutta
(ii)Bombay
(iii)Madras
(iv)New Delhi
(8)Paper Currency Act was enacted by British Government of India in which year
(i)1861
(ii)1862
(iii)1852
(iv)1875
(9)Earliest evidence of Banking transactions in India comes from
(i)Vedic Era
(ii)Maurya Era
(iii)Gupta Era
(iv)Medieval India
(10)Indian Rupee was devalued for the first time
(i)1965
(ii)1966
(iii)1968
(iv)1971
(11)Regional Rural Banks started working in India in which year
(i)1970
(ii)1975
(iii)1978
(iv)1981
(12)RBI started working on which Date
(i)1 January 1934
(ii)1 January 1935
(iii)1 April 1935
(iv)31 March 1934
(13)Liberalisation of Indian banking and regulation was done first on the basis of recommendations of which committee
(i)Narasimham Committee
(ii)A Ashok Committee
(iii)Saraiya Committee
(iv)Khusro Committee
(14)Nationalization of subsidiary banks of SBI was done in which year
(i) 1955
(ii) 1956
(iii) 1959
(iv) 1980
(15)Locations for three presidency banks during British India
(i)Bombay, Calcutta, Surat
(ii)Surat, Calcutta, Madras
(iii)Surat, Madras, Bombay
(iv)Calcutta, Madras, Bombay
ANSWER
(1)Answer is (i) Rs. 5 Crore
(2) Answer is (iv) Imperial Bank of India
(3)Answer is (ii) Allahabad Bank
Joint stock means the bank which have multiple shareholders. It was established in 1863. But this bank failed in 1913. It is also known as India oldest public sector bank. It was established in 1865.
(4)Answer is (ii)Bank of India and in London 1946 and the first to open a branch in continental Europe at Paris in 1974.
(5)Answer is (ii) 1770 This bank was established at Calcutta By European management. It was later liquidated in 1830-32.
(6) Answer is (iii) Hilton-Young Commission
(7)Answer is Calcutta
Headquarters of RBI in Kolkata and was shifted to Shahid Bhagat Singh Marg, Mumbai in 1937.
(8) Answer is (i) 1861
(9)Answer is (i)Vedic Era
(10)Answer is (ii) 1966
(11)Answer is (ii)1975
(12)Answer is (iii) 1 April 1935
(13)Answer is (i) Narasimham Committee
(14)Answer is (iii) 1959
(15)Answer is (iv) Calcutta, Madras, Bombay
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