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Banking Awareness : Quiz Based on History of Banking

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Q1. First Bank established in India was:
a) Bank of India
b) Bank of Hindustan
c) General Bank of India
d) Union Bank of India
e) None of The Above

Q2. Bank of Hindustan was established in ____:
a) 1700
b) 1770
c) 1780
d)1765
e) None of The Above

Q3. Which among the following is correct regarding Bank of Hindustan:
a) The bank was established at calcutta under European management.
b) It was liquidated on 1829 – 32.
c) Both of Above
d) None of The Above

Q4. ______bank was established in 1786:
a) General Bank
b) Reserve Bank of India
c) Bank of Bengal
d) None of The Above

Q5. The Largest and Oldest Bank, still in existence is:
a) Punjab National Bank
b) Reserve Bank of India
c) State Bank of India
d) None of The Above

Q6. Which among the following is correct:
a) State Bank of India originated as the Bank of Calcutta in June 1806.
b) “Bank of Calcutta” was renamed as “Bank of Bengal”.
c) Both of Above
d) None of The Above

Q7. Which among the following banks form the “Imperial Bank of India” in 1921:
a) Bank of Bombay
b) Bank of Madras
c) Bank of Bengal
d) All of the Above
e) None of The Above

Q8. Reserve Bank of India was established under which among the following act:
a) Reserve Bank of India Act 1930
b) Reserve Bank of India Act 1921
c) Reserve Bank of India Act 1934
d) None of The Above

Q9. RBI was established in:
a) 1 April, 1940
b) 1 April, 1935
c) 1 April 1948
d) None of The Above

Q10. In which year, SBI was given control of 8 state associated banks under the State Bank of India (Subsidiary Banks) Act, 1959:
a) 1965
b) 1975
c) 1960
d) None of The Above

 

ANSWER:-

1)b) Bank of Hindustan
2)b) 1770
3)c) Both of Above
4)a) General Bank
5)c) State Bank of India
6)c) Both of Above
7)d) All of the Above
8)c) Reserve Bank of India Act 1934
9)b) 1 April, 1935
10)c) 1960

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