Banking and Finance Quiz

Which of the following banks was not nationalized in 1969?

• Bank of Baroda

• Union Bank of India

• Canara Bank

• ICICI Bank

Which of the following is a key monetary policy tool used by the RBI?

• Repo Rate

• Fiscal Deficit

• GDP Growth

• Inflation Rate

What is the role of a banking correspondent in rural areas?

• Providing banking services on behalf of a bank

• Acting as a financial advisor

• Lending money to farmers

• Collecting taxes

Which government body is responsible for promoting financial literacy in India?

• Securities and Exchange Board of India (SEBI)

• Reserve Bank of India (RBI)

• Insurance Regulatory and Development Authority of India (IRDAI)

• Pension Fund Regulatory and Development Authority (PFRDA)

Which was the first private sector bank to be established in India after the nationalization wave?

• HDFC Bank

• ICICI Bank

• Axis Bank

• Kotak Mahindra Bank

Which bank was the first to be licensed as a payment bank in India?

• Airtel Payments Bank

• Paytm Payments Bank

• Fino Payments Bank

• Vodafone m-pesa

Which Indian company launched the first digital wallet app?

• MobiKwik

• Paytm

• Freecharge

• PhonePe

Which bank was the first to issue a credit card in India?

• American Express

• Citibank

• HSBC

• Standard Chartered Bank

Which bank was the first to be headed by a woman in India?

• Axis Bank

• ICICI Bank

• SBI

• Kotak Mahindra Bank

Which bank was the first to launch mobile banking services in India?

• HDFC Bank

• ICICI Bank

• Axis Bank

• SBI