Nationalisation and privatisation of banks - class-IX
Description: nationalisation and privatisation of banks | |
Number of Questions: 120 | |
Created by: Sanjiv Memon | |
Tags: tertiary sector financial institutions and services indian economy before and after independence history money and banking industrial sector economics major reforms and emerging trends in the indian economy money and financial system economic development commercial banks public and private sectors business and commercial activities commercial banking |
Increase in cash reserve ratio adversely affects the capacity of commercial banks to create credit.
How many Nationalized Banks are opening in India?
General Insurance Corporation was nationalized in ________.
IDBI was established in ________.
Prior to nationalization, there was a concentration of banks in urban areas.
Until nationalization all major banks were controlled by one or more business houses.
Prior to nationalization of banks in 1969 banks did not lend according to social needs.
Agriculture accounted for ___ % of advances of banks just before nationalization.
Apart from neglecting agricultural sector, commercial banks prior to nationalization neglected export and small scale industries.
Which of the following is Apex Bank for agricultural credit in India?
NABARD is a __________.
Which one is not the objective of Nationalisation of banks?
The full form of ICICI is :
The rate of interest at which the RBI lends to the commercial banks is called ___________.
Govt. of India has created a special India Micro finance Equity Fund of Rs. 100 Crores. The fund is maintained by _______.
The term 'Core Banking Solutions' is sometimes seen in the news. Which of the following statements best describes/ describe this term?
1. It is a networking of a bank's branches which enables customers to operate their accounts from any branch of the bank on its network regardless of where they open their accounts.
2. It is an effort to increase RBI's control over commercial banks through computerization.
3. It is a detailed procedure by which a bank with huge non-performing assets is taken over by another bank.
Select the correct answer using the code given below.
When did the first nationalization of Banks take place?
The present chairman of State Bank of India is ______.
Which Bank was merged with Punjab National Bank in 1993 ?
How many banks were nationalised in 1969?
In Maharashtra, Academy of Development Science (ADS) has facilitated a network of NGOs for setting up _____ in different regions.
In India, how many commercial banks were nationalised in 1969?
Which was the first indigenous bank established in India?
Which of the following issues a draft?
IRBI-Industrial Reconstruction Bank of India was established in___________.
The 20-Point Programme was first announced in ___________.
The headquarters of SIDBI is in______.
Which one of the following pairs is matched correctly_________.
In $1955$, Imperial Bank of India, a leading commercial bank of that time, was nationalized and renamed as _____________.
The rationale behind the nationlisation of commercial banks in $1969$ was ___________.
Who was the Prime Minister when $14$ banks were nationalised?
Which of the following committees has recommended that a part of foreign exchange reserves should be used for infrastructural development?
Which of the following is the abbreviated name of the assets reconstruction company created specifically for small and medium sectors?
Which of the following housing schemes was/were launched by HUDCO to give special emphasis on the development of rural areas of the country?
(A) Indira Awas Yojana
(B) Adarsh Gram/Adarsh Basti Yojana
(C) Pradhan Mantri Gram Sadak Yojana.
Which of the following is not a programme/agency of the Union Ministry of Finance?
Which of the following is not a social assistance programme launched by the Government of India?
Generally, the lead bank in a district is the bank which is ________.
According to the recent guidelines, $(2013)$ of the Reserve Bank of India the Private Sector Banks are required to have a minimum paid up equity capital of __________.
The profitability of public-sector banks is low due to:
(i) Over-cautions approach to lending
(ii) Reserve Bank Policies
(iii) High Overhead Costs
(iv) Social-sector lending
Identify the correct code.
The nationalized New Bank of India was later merged with ________.
In order to control credit ______________.
Which of the following is not a function of a Rural Bank?
Which of the following is the main regulatory authority for insurance companies in India?
Which of the following types of banks/organisations are now allowed to accept Foreign Currency Deposits from NRI and Persons of Indian origin?
Every now and then we read in newspapers that the RBI bank revised/changed various rates like SLR, CRR, Bank Rate, etc. The purpose of revision in various Rates/Ratios is to ________.
A. Influence demand deposit creating the power of commercial banks.
B. Control Inflation in the economy.
C. Provoke commercial banks to lower their fee-based income.
Very often we read in newspapers/magazines about "Sovereign Wealth Funds". Which of the following is/are the correct description of the same?
A. These are the funds or the reserves of a government or central bank of a country which are invested further to earn profitable returns.
B. These are the funds which were accumulated by some people over the years but were not put in active circulation as they retain them as Black Money for several years.
C. The funds which are created to be used as relief funds or bailout packages are known as sovereign funds.
RBI has asked banks to make a plan to provide banking services to all villages having a population up to 2000. This directive issued by the RBI will fall in which of the following categories?
National Housing Bank (NHB), the apex institution of housing finance in India, provides loan to
A. Housing finance companies
B. Commercial banks
C. Co-operative sector banks
Choose the correct option.
The Reserve Bank of India (RBI) was nationalized in the year _______.
The Committee on Financial Sector Assessment (CFSA) set up by the Reserve Bank of India has also recommended several reforms in which of the following existing laws in India?
Which of the following Acts helps a bank in its day-to-day activities?
Nationalisations of banks aimed at all of the following except _____________.
Which of the following Committees/Task forces was set up to suggest reforms in Banking Sector?
Asia Bank is a _________________.
Regional Rural Banks _____________.
Fill in the blanks from the alternatives given.
The 20 - point programme was introduced by _________.
Prior to 1955 SBI was known as ______.
In 1969, banks with a deposit of Rs ______ or more were nationalized.
SBI was established in ________.
Nationalization of Banks took place in ________.
IFCI was converted into a joint stock company in _______.
EXIM Bank is authorised to raise loan from _________.
Industrial Investment Bank of India was initially set up as _____ during 1971.
Which of these are not duties of EXIM Bank?
One of the important function of IFCI is to ________.
EXIM Bank was established in ______.
IDBI was converted into a joint stock company known as Industrial Investment Bank of India in ______.
Industrial Reconstruction Bank of India (RBI) was so renamed in place of Industrial Reconstruction Corporation Ltd. on ________.
EXIM Bank was set up to _________.
Which is the apex bank for agricultural credit in India?
The name of IDBI Ltd. to IDBI Bank Ltd. was changed in _______.
First Export Processing Zone (EPZ) was set up in _______.
SIDBI is a subsidiary bank of ________.
National Housing Bank was set up in a ________.
________ is the first EPZ.
IDBI was set up in ________.
IDBI was initially set up as a ________.
SIDBI was set up in ________.
Nationalisation of 14 major banks in India took place in ________.
Which of the following is not matched correctly?
SEBI approved which insurance company to launch its initial public offering(IPO) ?
Agriculture accounted for _________$\%$ of advances of banks just before nationlization.
Nationalisation of Banks was done in _________.
The % of rural blank branches was ________ in 2006.
In the accounts of banks "loans and advances" are
________ Indian Aspriation Fund was launched by _______ in August 2015 to boost the start-up funds ecosystem in the country.
Digital India programme has been launched ____________.
SETU means _________________________.
The start-up scheme provides loans to entrepreneurs of ________________________.
National Skill Development Corporation (NSDC) operates through partnership with the _________________________.
The start-up scheme provides loans to entrepreneurs of the Scheduled Caste and Scheduled Tribes as well as women. Such loans range from _____________.
Land development banks provide loans for a period of _____.
Nationalization of banks aimed at all of following except ________.
A bank requiring a higher interest rate on an automobile loan than on a home mortgage loan is demonstrating the core principle that says __________.
In 1969, Government announced the nationalization of ______ number of major of commercial banks.
In 1980, Government announced the nationalization of ______ number of major of commercial banks.
EXIM bank was started in _______.
Nationalisation of Banks was done in ___________.
In 1969, Government announced the nationalization of ________ number of major Commercial Banks.
Before nationalisation, commercial banks in India were lending primarily to ____________.
Which of the following was a cause for nationalization of Commercial Banks?
Which of the following was a cause for nationalization of Commercial Banks?
Before nationalisation, Commercial Banks in India were having their branches in _________.
The objective of nationalization is -
Nationalisation of Banks aimed at all of the following except _________________.
In the context of Foreign Exchange Management, RBI performs which of the following functions?
After nationalisation, the number of Bank Branches have _____________.
____________ is the official minimum rate at which the Central Bank of a country is prepared to rediscount approved bill held by commercial Banks.
What led to the need for New Economic Policy in India?
Which of the following factor is not responsible for nationalization of commercial banks?
The number of banks nationalized in 1980 was ______.
The number of bank nationalized in 1969 was ________.
After nationalisation, there has been massive deposit mobilisation in which state?
Reasons for nationalisation of banks was _______________.
What is the total number of banks nationalized in India?
That portion of total deposit which a commerical bank has to keep with itself in the form of eligible securities is called _________.
Banks were nationalized in 1969 and 1980 for all the following reasons except ______________.
The recent global financial turmoil has adverse impact on the Indian financial markets, particularly the equity market and the foreign sector, however, Indian banks have not been significantly impacted by these developments. Which one among the following is the main reason behind this?
Match the items of List-I with List-II:
List-I | List-II |
---|---|
(a) RBI Nationalization | (i) $1964$ |
(b) Imperial Bank Nationalization | (ii) $1949$ |
(c) Nationalization of $14$ commercial Banks | (iii) $1955$ |
(d) Establishment of IDBI | (iv) $1969$ |
Identify the correct combination:
The effect of increase in CRR will be reduced or nullified if _________.