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Banking Quiz Set- 1

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Q 1) Prior to establishment of RBI, the functions of a central bank were virtually being done by the __________

a)Finance Ministry

b)Nationnal Bank of India

c)Central Bank of India

d)Imperial Bank of India

 

Q 2) RBI started its operations from April 1, __________

a)1937

b)1935

c)1936

d)1934

 

Q 3)RBI was established via the RBI act _________

a)1934

b)1935

c)1936

d)1933

 

Q 4)RBI  started with a Share Capital of ____________ Crore

a)Rs. 50

b)Rs. 10

c)Rs. 5

d)Rs. 15

 

Q 5)Reserve Bank of India (RBI) was established  on recommendation of the ___________ commission

a)Hilton-young

b)Dalton-young

c)santon-young

d)Darein-young

 

Q 6)RBI was nationalized on 1 January, ________

a)1950

b)1951

c)1948

d)1949

 

Q 7) Which of the following is not Subsidiaries of RBI

a)National Housing Bank (NHB)

b)Bharatiya Reserve Bank Note Mudran Private Limited (BRBNMPL)

c)Deposit Insurance and Credit Guarantee Corporation (DICGC)

d) National clearing house

 

Q 8)Board of Financial Supervision (BFS) is one of the two assistive bodies for Central Board of Directors
of RBI, other being Board for Payment and Settlement Systems established in _________

a)1994

b)1993

c)1992

d)1991

 

Q 9)___________ Committee recommends renaming Imperial Bank of India as State Bank Of
India.

a)A.D. Gorwala

b)C.D. Gorwala

c)A.D. Bakshi

d)A.D. sinha

 

Q 10)Imperial Bank of India was renamed as ‗State Bank of India‘ on 1st July, _____________

a)1956

b)1955.

c)1957

d)1954

 

Answer:-

1) Imperial Bank of India

2)1935

3)1934

4)Rs. 5

5)Hilton-young

6)1949

7)National clearing house

8)1994

9)A.D. Gorwala

10)1955

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