Banking Financial Awareness ยท General Awareness

Banking Institutions and History

1,351 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

The government entrusted all disinvestment-related merchant banking assignments to PSBs in a bid to enable them to get more exposure in this field. Which of the following Public Sector Banks (PSBs) would get preference over private firms in handling merchant banking activities for government companies?

  1. State Bank of India

  2. Punjab National Bank

  3. Canara Bank

  4. All of these

Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

The government decided to entrust merchant banking assignments to various Public Sector Banks (PSBs) to build their capacity and reduce reliance on private firms for government divestment processes.

Multiple choice

This bank has recently come up with a gold card scheme whereby all credit-worthy exporters including those in the small and medium sectors with a good track record will be eligible for a Gold Card which will provide them with certain privileges. Can you identify the name of the bank in question?

  1. State Bank of India

  2. Reserve Bank of India

  3. Canara Bank

  4. Bank of Baroda
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

The Reserve Bank of India introduced the Gold Card scheme to provide credit-worthy exporters with faster and more flexible credit facilities.

Multiple choice

Where is the Head Office of ICICI Bank Ltd?

  1. Indore

  2. Mumbai

  3. Chennai

  4. None of the above
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

ICICI Bank Limited is a multinational bank and financial services company headquartered in Mumbai, Maharashtra, India.