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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 Static GK Indian Banking and Financial System E-banking
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Which is the first bank to introduce intra-bank inter-city Cheque Truncation System in India?

  1. State Bank of India

  2. Punjab National Bank

  3. Corporation Bank

  4. Bank of Baroda


Correct Option: B

How many banks are there in public sector in our country?

  1. 28

  2. 20

  3. 27

  4. 19


Correct Option: C

Which of the following banks is classified under Public Sector?

  1. State Bank of Indore
  2. Miraj State Bank
  3. mu & Kashmir Bank
  1. 1

  2. 1 and 2

  3. 2 and 3`

  4. 1, 2 and 3


Correct Option: A

Which is the company set up for retail stock broking business by SBI Capital Markets Ltd., a banking subsidiary company of State Bank of India?

  1. SBI Securities Ltd.

  2. SBI Caps Securities Ltd.

  3. SBI Broking Finance Ltd.

  4. SBI Securities and Stock Broking Ltd.


Correct Option: B

With which company did State Bank of India tie up for setting up an information technology joint venture named C-Edge Technologies?

  1. Satyam Infosys.

  2. Reliance Info Services Ltd.

  3. Tata Consultancy Services Ltd.

  4. C-Edge Services India Ltd.

  5. Birla Consultancy & Software Services.


Correct Option: C

Which of the following is included under Public Sector Banks?

  1. All nationalised banks
  2. State Bank of India
  3. 7 Subsidiaries of SBI
  4. Reserve Bank of India
  1. 1

  2. 1 and 2

  3. 1, 2 and 3

  4. 1, 2, 3 and 4


Correct Option: C

Which of the following banks is not classified under Public Sector?

  1. k of Credit and Commerce International
  2. elopment Credit Bank
  3. CI Bank
  1. 1

  2. 1 and 2

  3. 2 and 3

  4. 1, 2 and 3


Correct Option: D

Which is the first public sector bank to bring its Public Issue at par?

  1. Corporation Bank

  2. Dena Bank

  3. Syndicate Bank

  4. Bank of Baroda


Correct Option: C

Which of the Public Sector Banks had opened in Shenzen (China) its first office?

  1. Bank of Baroda

  2. Bank of India

  3. Punjab National Bank

  4. Syndicate Bank


Correct Option: B

Which is the first Public Sector Bank to increase its equity capital through public issue?

  1. Corporation Bank

  2. Dena Bank

  3. Syndicate Bank

  4. State Bank of India

  5. IDBI Bank


Correct Option: D
Explanation:

State Bank of India is the first Public Sector Bank to increase its equity capital through public issue.

What is the shareholding of State Bank of India in the paid up capital of C-Edge Technologies, an information technology joint venture?

  1. 24%

  2. 30%

  3. 51%

  4. 74%

  5. 48%


Correct Option: C

Which is the subsidiary of State Bank of India in which State Bank of India has its lowest stake?

  1. State Bank of Hyderabad

  2. State Bank of Travancore

  3. State Bank of Saurashtra

  4. State Bank of Patiala


Correct Option: A

Which is the first Public Sector Bank that has been included in Master Card ATM Network?

  1. Corporation Bank

  2. State Bank of India

  3. Canara Bank

  4. Bank of Baroda


Correct Option: C

Which of the Public Sector Bank(s) has/have its Head Office in Gujarat?

  1. Bank of Saurashtra
  2. Bank of Baroda
  3. Bank of India
  1. Only 1

  2. Only 2

  3. Both 1 and 2

  4. All 1, 2 and 3

  5. None of these


Correct Option: C

There is a pre-condition that the bank should have earned profit during last………………..consecutive years, with a view to provide managerial autonomy to public sector banks by Ministry of Finance.

  1. 5

  2. 4

  3. 3

  4. 2


Correct Option: C

Which is the first Subsidiary of Punjab National Bank?

  1. PNB Gilts Ltd.

  2. PNB Housing Finance Ltd.

  3. PNB Capital Services Ltd.

  4. PNB Mutual Fund


Correct Option: C

Canara Bank, Union Bank of India, Central Bank of India, United Commercial Bank and ……………………. have jointly launched ATM Network Cash Online Service under which a customer of any of the branch of these 5 Public Sector Banks can transact through any ATM of the Group of these banks

  1. Bank of Baroda

  2. Indian Overseas Bank

  3. Corporation Bank

  4. Punjab National Bank


Correct Option: B

There is a pre-condition that the public sector bank should have Capital Adequacy Ratio of………………………for getting managerial autonomy (Recruitment, Posting, Transfer, Training, and Promotion) from Ministry of Finance.

  1. 10% or more

  2. 9% or more

  3. 8% or more

  4. 6% or more


Correct Option: B

How many banks in public sector have 100% Govt. holding in Paid up Capital of them?

  1. 4

  2. 5

  3. 6

  4. 7


Correct Option: A

What is the maximum limit of foreign holding in a public sector bank?

  1. 10%

  2. 20%

  3. 24%

  4. 49%


Correct Option: B

What should be the minimum owned capital of a public sector bank?

  1. Rs. 100 crore

  2. Rs. 200 crare

  3. Rs. 300 crare

  4. Rs. 500 crare


Correct Option: A

There is a pre-condition that the public sector bank should have the level of NPAs ________ for getting managerial autonomy like recruitment, posting, transfer, training, promotion etc. from Ministry of Finance.

  1. below 6%

  2. below 7%

  3. below 8%

  4. below 9%

  5. below 10%


Correct Option: D

As per a list published by Ministry of Finance in February 2005, 'stronger banks' can enter in new areas of business and in foreign markets without prior-permission from Govt. of India. What are these 'stronger banks'?

  1. Banks that have Capital Adequacy Ratio of 9% or above
  2. Banks that have non-performing assets below 4%
  3. Banks that have net owned funds of Rs. 300 crore or more
  4. Banks that have earned net profit in last three consecutive years
  1. 1

  2. 1 and 2

  3. 1, 2 and 3

  4. 1, 2, 3 and 4


Correct Option: D

Which of the following banks have 100% Govt. holdings in its Paid up Capital?

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

  2. 1 and 2

  3. 1, 2 and 3

  4. 1, 2, 3 and 4


Correct Option: D

Which of the following bank has established its branch in July 2004 in Afghanistan that is first branch of any Indian bank in that country?

  1. State Bank of India

  2. Canara Bank

  3. Punjab National Bank

  4. Bank of Baroda


Correct Option: C
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