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Banking Awareness : Quiz Based on Bank Nationalization in India

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1) The liberalization of Indian Banking and Regulation was done based on recommendation of _______?
a. R Gandhi Committee
b. Narasimham Committee
c. Basel Committee
d. Khusro Committee
e. None of these

2) In April 1980, ____ banks were nationalized in India?
a. 3
b. 5
c. 6
d. 7
e. None of these

3) How many banks were nationalized in India in the year 1969?
a. 12
b. 29
c. 14
d. 6
e. None of these

4) In which year were the Subsidiaries of SBI nationalized?
a. 1955
b. 1949
c. 1959
d. 1969
e. None of these

5) Imperial Bank of India was nationalized in which year?
a. 1945
b. 1955
c. 1949
d. 1965
e. None of these

6) What was the State Bank of India called before it was created through SBI Act?
a. Bank of Hindustan
b. Bank of Madras
c. Imperial Bank of India
d. Presidency Bank
e. None of these

7) Which of the following was the first Indian bank to open a branch on foreign soil?
a. Bank of Baroda
b. Bank of India
c. Punjab National Bank
d. Bank of Allahabad
e. None of these

8) In which year was The Banking Regulation Act passed in India?
a. 1947
b. 1935
c. 1949
d. 1965
e. None of these

9) Original headquarters of RBI were located at which of the following place?
a. Calcutta
b. Bombay
c. Delhi
d. Chennai
e. None of these

10) On which date was the Reserve Bank of India established?
a. April 1, 1935
b. July 12, 1982
c. January 1, 1949
d. January 1, 1939
e. None of these

 

ANSWER :-

1)b. Narasimham Committee
2)c. 6
3)c. 14
4)c. 1959
5)b. 1955
6)c. Imperial Bank of India
7)b. Bank of India
8)c. 1949
9)a. Calcutta
10)a. April 1, 1935

 

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