1). The first Bank established in India was :
A). Punjab National Bank |
B). Traders Bank |
C). State Bank of India |
D). Bank of Hindustan |
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2). In India, the first bank of limited liability managed by Indians and founded in 1881 was :
A). Hindustan Commercial Bank |
B). Oudh Commercial Bank |
C). Punjab National Bank |
D). Punjab and Sind Bank |
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3). Which amidst the following rural banks has been named after a reviver?
A). Prathama Bank |
B). Varada Grameen Bank |
C). Thar Anchalik Grameen Bank |
D). Aravalli Kshetriya Grameen Bank |
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4). A Scheduled Bank is one which is included in the :
A). II Schedule of Banking Regulation Act |
B). II Schedule of Constitution |
C). II Schedule of Reserve Bank of India Act |
D). None of the above |
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5). What is the animal on the insignia of the RBI?
A). Lion |
B). Tiger |
C). Panther |
D). Elephant |
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6). For regulation of the Insurance Trade in the country the Government has formed :
A). SEBI |
B). Reserve Bank of India |
C). Insurance Regulatory and Development Authority |
D). General Insurance Corporation |
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7). The best way a bank can avoid loss is to :
A). lend only to individuals known to the bank |
B). accept should collateral |
C). give only short-term loans |
D). lend only to bank's old customers |
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8). The system of value added taxation is applicable to :
A). excise duties |
B). income tax |
C). estate duty |
D). taxes on agricultural income |
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9). In order to be scheduled to the Reserve Bank of India, a bank should have capital and reserve of not less than :
A). 1 lakh |
B). 5 lakhs |
C). 10 lakhs |
D). 50 lakhs |
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10). The number of Banks nationalised since 1969 is :
A). 8 |
B). 12 |
C). 14 |
D). 20 |
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