Banking Financial Awareness · 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
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Gorakhpur Regional Rural Bank
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Ganga Yamuna Regional Rural Bank
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Basti Gramin Bank
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Kashi Gomti Samyut Gramin Bank
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Gorakhpur Gramin Bank
D
Correct answer
Explanation
Union Bank of India merged its RRBs in Uttar Pradesh to form the Kashi Gomti Samyut Gramin Bank.
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Karnataka Vikas Bank
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Shivpuri Gramin Bank
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Shriram Regional Rural Bank
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Malaprabha Gramin Bank
A
Correct answer
Explanation
Syndicate Bank merged its RRBs in Karnataka to form the Karnataka Vikas Grameena Bank (often referred to as Karnataka Vikas Bank in shorthand).
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Kalptaru Gramin Bank
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Vidarbha Kshetria Gramin Bank
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Junagarh-Amreli Gramin Bank
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Mumbai-Goa Regional Rural Bank
B
Correct answer
Explanation
Central Bank of India merged its RRBs in Maharashtra to form the Vidarbha Kshetriya Gramin Bank.
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Pragati Gramin Bank
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Pitambra Gramin Bank
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Santhal Regional Rural Bank
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Manjira Gramin Bank
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Karnataka Gramin Bank
A
Correct answer
Explanation
Canara Bank merged its RRBs in Karnataka to form the Pragati Gramin Bank.
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Madhumani Gramin Bank
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Vaishali Gramin Bank
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Uttar Bihar Gramin Bank
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Mithila Koshi Gramin Bank
C
Correct answer
Explanation
Central Bank of India merged its RRBs in Bihar to form the Uttar Bihar Gramin Bank.
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Ganga Yamuna Gramin Bank
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Uttar Pradesh Gramin Bank
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Lucknow Kshetria Gramin Bank
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Vidur Gramin Bank
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Gorakhpur Gramin Bank
B
Correct answer
Explanation
Punjab National Bank merged its RRBs in Uttar Pradesh to form the Uttar Pradesh Gramin Bank.
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Haryana Gramin Bank
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Hisar Gramin Bank
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Hisar Kurukshetra Gramin Bank
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Haryana Kshetria Gramin Bank
A
Correct answer
Explanation
Punjab National Bank merged its RRBs in Haryana to form the Haryana Gramin Bank.
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Jamnagar Rajkot Gramin Bank
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Saurashtra Gramin Bank
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Surendranagar Bhavnagar Gramin Bank
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Junagarh Amreli Gramin Bank
B
Correct answer
Explanation
State Bank of Saurashtra merged its RRBs to form the Saurashtra Gramin Bank.
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Coastal Local Area Bank
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Capital Local Area Bank
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Krishnabhim Smridhi Local Area Bank
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Vinayak Local Area Bank
C
Correct answer
Explanation
Krishnabhim Smridhi Local Area Bank is recognized as the first Local Area Bank established in India.
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Baroda Gramin Bank
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Baroda U.P. Gramin Bank
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Baroda Lucknow Gramin Bank
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Baroda Eastern U.P. Gramin Bank
D
Correct answer
Explanation
Bank of Baroda merged its RRBs in Uttar Pradesh to form the Baroda Eastern U.P. Gramin Bank.
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Vijayawada
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Hyderabad
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Secunderabad
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Rajmundri
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Warangal
A
Correct answer
Explanation
Coastal Local Area Bank was established in Vijayawada, Andhra Pradesh.
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South Gujarat
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Manipal
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Central Gujarat
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Vinayak
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North Gujarat
D
Correct answer
Explanation
The Reserve Bank of India cancelled the license of Vinayak Local Area Bank due to regulatory non-compliance.
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South Gujrat Local Area Bank
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Manipal Local Area Bank
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Central Gujrat Local Area Bank
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Vinayak Local Area Bank
A
Correct answer
Explanation
South Gujarat Local Area Bank was merged into Bank of Baroda in 2004.
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1 only
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2 only
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1 and 2 only
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1, 2 and 3 only
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2 and 3
D
Correct answer
Explanation
Capital Local Area Bank was the first local area bank in India, established in 2000 in Nakodar, Punjab. It is known for being fully computerized, making all three statements accurate.
A
Correct answer
Explanation
The apex organisation of industrial finance in India is IDBI.