banking

BANKING LAW AND PRACTICE

UNIT 1

Multiple Choice

Which year a banking regulation act was passed

• 1966

• 1946

• 1947

• 1949

Fill in the Blank

The first bank in India is ______________

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.

Fill in the Blank

Which bank is the apex development bank for agriculture and rural development 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

Fill in the Blank

Which is the first Private Sector bank in India

Fill in the Blank

Which is the oldest bank in India (currently)

Open Ended

WHAT IS THE MEANING OF BANKING

Fill in the Blank

WHEN STATE BANK OF INDIA NATIONALISED

Fill in the Blank

WHAT ARE THE BANKS SPONSERED THE REGIONAL RURAL BANK ESTABLISHED

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