Banking Financial Awareness · General Awareness
Banking Institutions and History
1,287 Questions
Review crucial questions related to banking institutions, their histories, and recent financial events. This set covers bank mergers, taglines, and key regulatory changes by the Reserve Bank of India. It is highly relevant for aspirants of banking and insurance exams.
Bank taglinesBank mergersRBI regulationsFinancial institutions historyBanking licenses
Banking Institutions and History Questions
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ICICI Bank
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HDFC Bank
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Axis Bank
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Yes Bank
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Kotak Mahindra Bank
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Allahabad Bank
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Indian Oil Corp
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Hindustan Petroleum
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State Bank of India
A
Correct answer
Explanation
The tagline 'Vishwas ki Paramavra' (Tradition of Trust) belongs to Allahabad Bank. This Hindi slogan emphasizes the bank's reliability and long-standing customer relationships. The other options have different taglines: Indian Oil (Energy for India), HP (Pure for Sure), SBI (With you all the way).
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ICICI Bank
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State Bank of India
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Union Bank of India
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PNB
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All of these
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India
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Bangladesh
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USA and UK
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Japan
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All of these
B
Correct answer
Explanation
Microcredit originated in Bangladesh through the Grameen Bank model pioneered by Muhammad Yunus in the 1970s. While microfinance has spread globally, including to India and Western countries, Bangladesh is recognized as its birthplace.
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Union Bank of India
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State Bank of India
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UCO Bank
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PNB
A
Correct answer
Explanation
Union Bank of India uses the tagline 'Good people to bank with' as part of its brand positioning. State Bank of India, UCO Bank, and PNB have their own distinct taglines.
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ICICI Bank
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SBI
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UTI Bank (AXIS Bank)
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HDFC Bank
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All of these
B
Correct answer
Explanation
SBI (State Bank of India) is a public sector bank, not a private bank. ICICI Bank, UTI Bank (now AXIS Bank), and HDFC Bank are all private sector banks. The question correctly identifies SBI as the only non-private bank among the options.
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Respective Bank
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Reserve Bank of India
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SEBI
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Govt.
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Customer
A
Correct answer
Explanation
The bank that issues the ATM card provides the PIN to the customer. The PIN is generated by the bank's security system and either mailed separately or delivered through secure channels like ATM activation. The RBI does not provide individual PINs, SEBI regulates securities markets (not banking), and the customer receives but does not create the PIN.
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Union Bank of India
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State Bank of India
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UTI Bank (AXIS Bank)
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UCO Bank
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SEBI
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SBI
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PNB
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ICICI
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Corporation Bank
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None of these
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IDBI Bank
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HDFC Bank
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Bajaj Capitals
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ICICI Bank
B
Correct answer
Explanation
HDFC Bank has been recognized among the world's best financial institutions by various international publications including Forbes and Euromoney. It's known for strong fundamentals, asset quality, and digital banking leadership.
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NABARD
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NHB
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SIDBI
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IDBI
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SBI
B
Correct answer
Explanation
The National Housing Bank (NHB) is fully owned by RBI bank and regulation authority in India, created on July 8, 1988. Its headquarters are in New Delhi.
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Central Bank of India
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Bank of Baroda
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Bank of India
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State Bank of India
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Canara Bank
A
Correct answer
Explanation
Central Bank of India had 5% stake in CIBIL while Transunion International Inc (TII) had the majority shareholder in CIBIL at 27.5%.
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SBI
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Axis Bank
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PNB
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Kotak Mahindra Bank
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HDFC
A
Correct answer
Explanation
Option (1) is the correct answer.