Best Quiz on Banking History – Banking Awareness

Best Quiz on Banking History - Banking Awareness

Online Play Quiz on Banking History and Banking Awareness questions and answers MCQ useful for competitive exams like IBPS, SBI, SSC, RRB, GATE and various competitive exams.

Here we are provided you Banking Awareness Quiz for your daily practice. Which is important for other banking exams

Questions on Banking History

Question 1. The Largest and Oldest Bank, still in existence is?

(A) Punjab National Bank

(B) State Bank of India

(C) Reserve Bank of India

(D) None of The Above

View Answer
(B) State Bank of India

Question 2.RBI was established in:

(A) 1 April, 1935

(B) 1 April, 1940

(C)  1 April 1948

(D) None of The Above

View Answer
(A) 1 April, 1935 

Question 3. Regional Rural Banks are sponsored by?

(A) Reserve Bank of India

(B)  State Bank of India

(C) Nationalized Commercial Bank

(D) Government of India

View Answer
(C) Nationalized Commercial Bank

Question 4. Which of the following terms is used in the banking field?

(A) Zero Hour

(B) Input devices

(C) Sedimentary

(D) Interest rate swap

View Answer
(D) Interest rate swap 

Question 5. Bank rate is decided by which of the following?

(A) Government Of India

(B) Reserve Bank of India

(C) State Bank of India

(D) Securities and Exchange Board of India

View Answer
(B) Reserve Bank of India

Question 6. How many banks were nationalized as on 19 July, 1969?

(A) 13

(B) 14

(C) 15

(D) None of the Above

View Answer
(B) 14

Question 7. In 1980, how many banks were nationalized:

(A) 5

(B) 6

(C) 7

(D) None of Above

View Answer
(B) 6 

Question 8. Which is the oldest Joint Stock bank of India?

(A)  Bank of Baroda

(B) Yes Bank

(C) Allahabad Bank

(D) Bank of India

View Answer
(C) Allahabad Bank 

Question 9. Which of the following was first bank managed by Indians?

(A) Punjab National Bank

(B) Central Bank of India

(C) Bank of Barooda

(D) State of India

View Answer
(A) Punjab National Bank

Question 10. _________ bank was established in 1786.

(A) Reserve Bank of India

(B) General Bank

(C) Bank of Bengal

(D) None of The Above

View Answer
(B) General Bank

Question 11. Which was the first bank to introduce a cheque system in India?

(A) Bank of Hindustan

(B)  Presidency Bank

(C) Bengal Bank

(D) General Bank of India

View Answer
(C) Bengal Bank

Question 12. Which was the first bank to introduce mutual fund?

(A) ICICI Bank

(B) Bank of Baroda

(C) State Bank of India

(D) Punjab National Bank

View Answer
(C) State Bank of India 

Question 13. Punjab National Bank was established in ________.

(A) 1894

(B) 1881

(C)  1917

(D)  1913

View Answer
(A) 1894 

Question 14. Which was the first bank to introduce credit card in India?

(A) ICICI Bank

(B) Central Bank of India

(C) Canara Bank

(D) Bank of Baroda

View Answer
(B) Central Bank of India

Question 15. Which was the first bank to introduce Internet banking?

(A) Canara Bank

(B)  ICICI Bank

(C) Punjab National Bank

(D) State Bank of India

View Answer
(B)  ICICI Bank 

Question 16. Bank of Rajasthan was merged with?

(A)  SBI – State Bank of India

(B)  HDFC Bank

(C)  ICICI Bank

(D) IDBI Bank

View Answer
(C)  ICICI Bank