banking gk Practice Question and Answer

Q:

Which of the following is true about merchant bank? 

2319 0

  • 1
    Underwrites securities for corporations
    Correct
    Wrong
  • 2
    Advice clients on mergers
    Correct
    Wrong
  • 3
    Involved in ownership of commercial ventures
    Correct
    Wrong
  • 4
    All of the above
    Correct
    Wrong
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Answer : 4. "All of the above"

Q:

When was the Oriental Life Insurance Company established?

2245 0

  • 1
    1818
    Correct
    Wrong
  • 2
    1834
    Correct
    Wrong
  • 3
    1907
    Correct
    Wrong
  • 4
    1938
    Correct
    Wrong
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Answer : 1. "1818"

Q: Nagaland was created as a separate state in the year? 2131 0

  • 1
    1960
    Correct
    Wrong
  • 2
    1961
    Correct
    Wrong
  • 3
    1962
    Correct
    Wrong
  • 4
    1963
    Correct
    Wrong
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Answer : 4. "1963"

Q:

Which of the following is governed by the provisions of Section 42 of the Reserve Bank of India Act, 1934?

2123 0

  • 1
    Bank rate
    Correct
    Wrong
  • 2
    Reverse Repo Rate
    Correct
    Wrong
  • 3
    SLR
    Correct
    Wrong
  • 4
    CRR
    Correct
    Wrong
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Answer : 4. "CRR "

Q:

The first RRB of India Prathama Bank was established in which year?

1969 0

  • 1
    1975
    Correct
    Wrong
  • 2
    1976
    Correct
    Wrong
  • 3
    1980
    Correct
    Wrong
  • 4
    1969
    Correct
    Wrong
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Answer : 1. "1975"

Q:

Which subsidiary bank was merged with the State Bank of India on August 13, 2008?

1909 0

  • 1
    State Bank of Hyderabad
    Correct
    Wrong
  • 2
    State Bank of Indore
    Correct
    Wrong
  • 3
    State Bank of Mysore
    Correct
    Wrong
  • 4
    State Bank of Saurashtra
    Correct
    Wrong
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Answer : 4. "State Bank of Saurashtra "

Q:

Which is the largest commercial bank in India?

1872 0

  • 1
    Bank of India
    Correct
    Wrong
  • 2
    Axis Bank
    Correct
    Wrong
  • 3
    State Bank of India
    Correct
    Wrong
  • 4
    HDFC
    Correct
    Wrong
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Answer : 3. "State Bank of India "

Q:

Stock Holding Corporation of India Ltd (SHCIL) was established in 1986 as?

1861 0

  • 1
    Private Limited
    Correct
    Wrong
  • 2
    Public limited
    Correct
    Wrong
  • 3
    Unlimited
    Correct
    Wrong
  • 4
    Limited Liability Partnership
    Correct
    Wrong
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Answer : 2. "Public limited "

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