History of Banking in India

S. Sujith
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1. The Reserve Bank of India was established in
Choose the right option

[A] 1928
[B] 1935
[C] 1948
[D] 1956


2. Imperial Bank of India was formed in
Choose the right option

[A] 1947
[B] 1935
[c] 1921
[D] 1910


3. Imperial Bank of India became State Bank of India in
Choose the right option

[A] 1948
[B] 1950
[c] 1955
[D] 1961


4. The oldest joint stock bank in India is
Choose the right option

[A] Union Bank of Culcutta
[B] State Bank of India
[C] Allahabad Bank
[D] Imperial Bank of India


5. The Government of India issued an ordinance ('Banking Companies (Acquisition and Transfer of Undertakings) Ordinance in
Choose the right option

[A] 1957
[B] 1964
[C] 1969
[D] 1973


6. Nationalisation of Banks was introduced by
Choose the right option

[A] Jayaprakash Narayan
[B] Indira Gandhi
[C] Sardar Vallabhai Pattel
[D] Morarji Desai


 7. The head of the committee on 'Computerisation in Bank' was
Choose the right option

[A] Dr. C Rangarajan
[B] S Venkitaramanan
[C] Dr. Bimal Jalan
[D] R N Malhotra


8. The first Governor of the Reserve Bank of India was
Choose the right option

[A] Sir James Taylor
[B] Richard Butler
[C] Sir Osborne Smith
[D] T. E. Lawrence


9. The first Indian Governor of Reserve Bank of India was
Choose the right option

[A] Sir C D Deshmukh
[B] Sir Benegal Rama Rau
[C] K G Ambegaonkar
[D] H V R Iengar


10. RBI was nationalised in the year
Choose the right option

[A] 1947
[B] 1948
[C] 1949
[D] 1950
 

11. National Electronic Fund Transfer (NEFT) was introduced in
Choose the right option
[A] 2007
[B] 2009
[C] 2010
[D] 2011


12. The Indian Banks' Association (IBA) was formed on the 26th September
Choose the right option

[A] 1946
[B] 1957
[C] 1973
[D] 1999

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