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Banking GK

Description: Banking General Knowledge Test Preparation and also Useful for UPSC, DSSB, Bank PO, SSC and Other Competitive Entrance Exams Preparation and Practice Material
Number of Questions: 25
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Tags: Bank. Commerce General Knowledge B.Ed Bank Placement Papers UPSC IQ Quiz SSC Railways RRB Bank PO Bank Clerical NDA CDS Civil Services MBA MCA MAT RRB ASM PCS General Awareness E-banking SBI Coding-Decoding
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Which is the first public sector bank to introduce Website for imparting knowledge about crops, farming season, agriculture sector, soil etc?

  1. Syndicate Bank

  2. Union Bank of India

  3. Punjab National Bank

  4. State Bank of India


Correct Option: C

Which is the first public sector bank to introduce Voluntary Retirement Scheme (VRS)?

  1. State Bank of India

  2. Punjab National Bank

  3. Allahabad Bank

  4. United Bank of India


Correct Option: B

Which is the first public sector bank to introduce retail stock broking business?

  1. Canara Bank

  2. Central Bank of India

  3. State Bank of India

  4. Punjab National Bank


Correct Option: C

Saudi Arabia Monetary Agency had issued a licence to which of the following public sector banks to introduce banking operations in Saudi Arabia?

  1. Punjab National Bank

  2. State Bank of India

  3. Canara Bank

  4. Corporation Bank


Correct Option: B

Which is the first bank to introduce retail sales of gold coins in India?

  1. Corporation Bank

  2. Punjab National Bank

  3. Canara Bank

  4. Central Bank of India


Correct Option: A

Which public sector bank(s) is/are not listed in Share Market?

  1. Punjab & Sindh Bank
  2. Indian Bank
  3. United Bank of India
  4. Central Bank of India

  1. 1

  2. 2

  3. 1 and 2

  4. 1, 2 and 3


Correct Option: D

The assets of UTI Assets Management Company have been transferred to four organisations including 'Life Insurance Corporation of India' and three public sector banks. Which of the following banks is not included in it?

  1. State Bank of India

  2. Punjab National Bank

  3. Bank of Baroda

  4. Central Bank of India


Correct Option: D

Two public sector banks of India have set up 'Commercial Bank of India', a joint venture in Moscow. Which are partner banks with 60 : 40 ratio in this joint venture?

  1. State Bank of India
  2. Punjab National Bank
  3. Canara Bank
  4. Bank of Baroda
  1. 1 and 2

  2. 1 and 3

  3. 1 and 4

  4. 3 and 4


Correct Option: B

Which is the first public sector bank to enter in the area of Business Process Outsourcing?

  1. Corporation Bank

  2. Syndicate Bank

  3. Canara Bank

  4. United Bank of India


Correct Option: B

What is the minimum initial capital required to set up a bank in private sector in India?

  1. Rs 100 crore

  2. Rs 200 crore

  3. Rs 300 crore

  4. Rs 500 crore


Correct Option: B

Which is the first public sector bank to introduce the loan for purchase of consumer durables?

  1. Corporation Bank

  2. Indian Overseas Bank

  3. Indian Bank

  4. Punjab & Sindh Bank


Correct Option: B

How many private sector banks have been permitted by Reserve Bank of India to do Govt. Business (Direct and Indirect Tax Collection, Pension Payment etc.) as an Agent of Govt. of India?

  1. 1

  2. 2

  3. 3

  4. 4


Correct Option: D

Which of the following banks is not authorised to do Govt. Business?

  1. ICICI Bank Ltd.

  2. Centurian Bank of Punjab Ltd.

  3. HDFC Bank Ltd.

  4. lDBI Bank Ltd.


Correct Option: B

Which of the following banks has been authorised by Reserve Bank of India to do Govt. Business?

  1. UTI Bank Ltd.

  2. IndusInd Bank Ltd.

  3. Bank of Gujrat Ltd.

  4. Centurian Bank of Punjab Ltd.


Correct Option: A

IDBI Bank is a�

  1. Scheduled commercial bank

  2. Non-scheduled commercial bank

  3. Development Financial Institution

  4. None of the above


Correct Option: A

Which of the following private sector banks has opened its representative office at Dubai?

  1. HDFC Bank Ltd.

  2. lDBI Bank Ltd.

  3. UTI Bank Ltd.

  4. Centurian Bank Ltd.


Correct Option: C

Which of the following banks has acquired, in May 2005, Investitsiono Kreditni Bank (IKB) of Russia?

  1. Yes Bank

  2. Kotak Mahindra Bank

  3. ICICI Bank

  4. IDBI Ltd.


Correct Option: C

Which is the first private sector bank to introduce Internet Banking services for Nonresident Indians?

  1. IndusInd Bank Ltd.

  2. ICICI Bank Ltd.

  3. HDFC Bank Ltd.

  4. Times Bank Ltd.


Correct Option: B

Which is the first private sector bank to link its Term Deposit Interest Rate with Bank Rate?

  1. ICICI Bank Ltd.

  2. Centurial Bank of Punjab Ltd.

  3. HDFC Bank Ltd.

  4. IndusInd Bank Ltd.


Correct Option: B

Which is the first private sector bank to introduce Voluntary Retirement Scheme (VRS)?

  1. Federal Bank Ltd.

  2. ICICI Bank Ltd.

  3. Bank of Madura Ltd.

  4. Bharat Overseas Bank Ltd.


Correct Option: C

First private sector bank to introduce 'Sunday Banking' in India is�

  1. ICICI Bank Ltd.

  2. Times Bank Ltd.

  3. HDFC Bank Ltd.

  4. IndusInd Bank Ltd.


Correct Option: B

First private sector bank to introduce 'Offshore Banking' in India is

  1. Federal Bank Ltd.

  2. ICICI Bank Ltd.

  3. Bank of Madura Ltd.

  4. Bharat Overseas Bank Ltd.


Correct Option: D

Which is the first private sector bank with foreign promoter?

  1. Yes Bank

  2. Development Credit Bank

  3. Laxmi Vilas Bank

  4. ING Vaisya Bank


Correct Option: B

Reserve Bank of India has permitted…………………………to increase stock market exposure upto 10% of aggregate advances as at the end of last Financial Year.

  1. HDFC Bank

  2. ICICI Bank

  3. Federal Bank

  4. Development Credit Bank


Correct Option: A

Which is the first private sector bank to issue Equity Shares to retail investors at discount?

  1. Kotak Mahindra Bank Ltd.

  2. Yes Bank Ltd.

  3. IDBI Ltd.

  4. ICICI Bank Ltd.


Correct Option: D
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