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

Multiple choice
  1. Allahabad Bank

  2. Indian Oil Corp

  3. Hindustan Petroleum

  4. State Bank of India

Reveal answer Fill a bubble to check yourself
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).

Multiple choice
  1. ICICI Bank

  2. State Bank of India

  3. Union Bank of India

  4. PNB

  5. All of these

Reveal answer Fill a bubble to check yourself
A Correct answer
Multiple choice
  1. India

  2. Bangladesh

  3. USA and UK

  4. Japan

  5. All of these

Reveal answer Fill a bubble to check yourself
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.

Multiple choice
  1. Union Bank of India

  2. State Bank of India

  3. UCO Bank

  4. PNB

Reveal answer Fill a bubble to check yourself
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.

Multiple choice
  1. ICICI Bank

  2. SBI

  3. UTI Bank (AXIS Bank)

  4. HDFC Bank

  5. All of these

Reveal answer Fill a bubble to check yourself
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.

Multiple choice
  1. Respective Bank

  2. Reserve Bank of India

  3. SEBI

  4. Govt.

  5. Customer

Reveal answer Fill a bubble to check yourself
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.

Multiple choice
  1. Central Bank of India

  2. Bank of Baroda

  3. Bank of India

  4. State Bank of India

  5. Canara Bank

Reveal answer Fill a bubble to check yourself
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%.