Practice Quiz :- 33


1. Which is the largest commercial bank in India?
a) Reserve Bank of India
b) State Bank of India
c) ICICI Bank
d) Bank of India

Ans.b) State Bank of India

2. Bank of Hindustan is the oldest bank in India. When did it start functioning?
a) 1990
b) 1770
c) 1885
d) 1892
3. The Bank of Calcutta, Bank of Bombay and Bank of Madras were merged in 1921 to form
a) Reserve Bank of India
b) Imperial Bank of India
c) Bank of India
d) Union Bank of India

Ans.b) Imperial Bank of India

4. When was the Reserve Bank of India established?
a) 1935
b) 1920
c) 1928
d) 1947
5. When was the Imperial Bank of India nationalized to form the State Bank of India?
a) 1947
b) 1949
c) 1951
d) 1955
6. The Reserve Bank of India was nationalized in?
a) 1947
b) 1948
c) 1950
d) 1956
7. What is a Bank which has capital and reserves of over Rs. 5 lakhs called?
a) National Bank
b) Cooperative Bank
c) Scheduled Bank
d) Unscheduled Bank

Ans.c) Scheduled Bank

8. The Export-Import (EXIM) Bank was set up in
a) 1982
b) 1983
c) 1987
d) 1985
9. Which of the following has the sole right of issuing paper notes in India?
a) Union Government
b) Reserve Bank of India
c) Ministry of Finance
d) Supreme Court

Ans.b) Reserve Bank of India

10. In India, coins and subsidiary coins are issued by
a) Union Government
b) Reserve Bank of India
c) Ministry of Finance
d) Supreme Court

Ans.c) Ministry of Finance