banking

BANKING LAW AND PRACTICE

UNIT 1

Multiple Choice

Which year a banking regulation act was passed

• 1966

• 1946

• 1947

• 1949

Multiple Choice

RBI was set up in the year

• 1934

• 1935

• 1944

• 1949

Multiple Choice

RBI was set up at the instance of

• ALL India rural survey commission

• Hilton young commission

• Finance Commission

• Banking Commission

Multiple Choice

banks which are registered or

incorporated outside India

• PUBLIC SECTOR BANKS

• RURAL BANKS

• FOREIGN BANKS

• INVESTMENT BANKS

Multiple Choice

The imperial Bank of India is renamed as ____________

• bank of Madres

• bank of Bombay

• state bank of India

• RBI

Multiple Choice

ICICI BANK IS AN EXAMPLE FOR

• PRIVATE SECTOR BANKS

• DEVELOPMENT BANKS

• PUBLIC SECTOR BANKS

• CO-OPERATIVE BANKS

Multiple Choice

The Government of India set up Regional Rural Banks (RRBs) on

• OCT 2ND 1975

• OCT 2ND 1969

• OCT 2ND 1949

• OCT 2ND 1956

Multiple Choice

• Which Act defines the meaning of banking in India?
  
  
  
  

• A) RBI Act, 1934

• B) Banking Regulation Act, 1949

• C) Companies Act, 1956

• D) Finance Act, 1991

Open Ended

List any three private sector banks operating in India.

Multiple Choice

When was NABARD established?

• 1975

• 1949

• 1982

• 1991

Multiple Choice

Co-operative banks are owned by:

• A) Government of India

• B) Private individuals

• C) Their members

• D) RBI

Multiple Choice

Which bank was established first among public sector banks?

• A) Dena Bank

• B) Canara Bank

• C) Indian Overseas Bank

• D) State Bank of India

Open Ended

WHAT IS THE MEANING OF BANKING