Banking - General Knowledge Questions

1 .

Which Bank is the latest entry in RBI's "Too Big to Fail Lenders List" ?

HDFC Bank

Axis Bank

Bandhan Bank

IDBI Bank

Correct Answer : HDFC Bank

2 .

In which year did the Government of India nationalized 14 major private banks?

1965

1968

1969

1970

Correct Answer : 1969

3 .

Which one of the following is 'not' a function of the Reserve Bank of India ?

Regulation of issue of bank notes

Banker to the government

Controller of Credit

Refinancing loans granted to MSME

Correct Answer : Refinancing loans granted to MSME

4 .

Which of the following is the first bank to tie up with Indian railways to sell rail tickets through its web site ?

State Bank of India

ICICI Bank

Axis Bank Ltd.

Punjab National Bank

Correct Answer : ICICI Bank

5 .

State Bank of India was previously known as

Canara Bank

Imperial Bank of India

Syndicate Bank

Cooperative Bank of India

Correct Answer : Imperial Bank of India

On the basis of the conclusions of Gorwala Committee, Imperial Bank of India was nationalised on July 1, 1955 and it was renamed as 'State Bank of India'.

6 .

What are the activities of Exim Bank of India?

It finances, facilitates and promotes India's international trade.

It provides competitive finance at various stages of the business cycle covering import of technology, export product development, export product development, export at pre-shipment and post shipment stages and investments overseas.

It provides agricultural loans to Indian farmers for nice cultivation.

Both (a) and (b)

Correct Answer : Both (a) and (b)

7 .

MUDRA bank is as

to boost imports

Provide tax free interest to investors

Encourage entrepreneurship in India

Correct Answer : Encourage entrepreneurship in India

8 .

Which of the following Bank is 'not' a Public Sector Bank?

IDBI Bank