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

Multiple choice geography international economics organization mncs and impact of globalization effects of globalisation in india globalization and trade

Which of the following is a private sector bank based in India?

  1. Yes Bank

  2. Loyds Banking Group

  3. Lehman Brothers

  4. Royal Bank
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Yes bank limited was founded by Rana Kapoor and Ashok Kapur in 2004. It is India's fourth largest private sector bank that operates as a corporate bank with retail banking and asset management as corporate functions. 

Multiple choice geography crafts and industries development of industries in india traditional crafts and decline of indian industries impact of british rule on kerala

Which of the following was the first private bank in Kerala?

  1. Bank of Travancore

  2. Nedungadi Bank

  3. Imperial Bank

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

Rao Bahadur T.M. Appu Nedungadi  established Nedungadi Bank in 1899 in Calicut, Kerala. It was the first private bank in not just Kerala but the whole South India. The bank was incorporated in 1913. 

Over long time, it opened 174 branches, some in Metropolitan cities of India too. Punjab National Bank took over Nedungadi in 2003.

Multiple choice social science employment: growth, informalisation and other issues employment - trends and structure workers and employment sources of income

Which of the following organisations has been established mainly to promote micro, small and medium industrial sector in India?

  1. NABARD

  2. SIDBI

  3. IDBI Bank

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

SIDBI (Small Industries Development Bank of India) is the principal financial institution specifically established to promote and finance the MSME sector.

Multiple choice commerce securities exchange board of india (sebi) objectives of sebi significance, functions of stock exchange, bse & nse stock exchanges functions of sebi sebi securities and exchange board of india (sebi)

Identify the promoter(s) of OTCEI from the following.

  1. SBI Capital Markets Ltd.

  2. IFCI

  3. IDBI

  4. All of the above
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation
Promoter of OTCEI are :-a) SBI Capital Markets Ltd.
b) IFCI
c) IDBI
The OTCEI is a company incorporated under the Companies Act 1956. OTCEI was set up to provide small and medium companies an access to capital market for raising finance.  OCTCEI is advantageous to the company because it provides methods of raising funds through capital market instruments which are priced fairly.
Multiple choice economics public debt public debt main feature of tax arbitration, tribunal adjudication and alternate dispute resolution

Which of the following may be source/s of internal debt due to the nature of their operations?

  1. Reserve Bank of India

  2. Commercial and General Banks

  3. Through selling of Government Securities

  4. All of the above
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Internal debt is raised within the country through various financial institutions and the sale of government securities.

Multiple choice introduction to social movements and its types social movements sociology recent social movements social movements in our time

Which financial institution decided to withdraw its funding for the Sardar Sarovar Project?

  1. Asian Development Bank

  2. World Bank

  3. European Investment Bank

  4. International Investment Bank
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

The World Bank withdrew its funding for the Sardar Sarovar Project in 1993 following intense pressure from environmental and human rights activists.

Multiple choice social science agriculture sector rural credit role of agriculture sector green revolution

Which co-operative institutions provide credit in the agricultural sector?

  1. Cooperative banks

  2. Land Development Banks

  3. Both 'a and b'

  4. Neither a nor b
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation
Co-operative institutions which provide credit in the agricultural sector are :-
a) cooperative banks
b) Land Development Banks Institutional credit assists rural households involved in agricultural activities. The government exclusively depended on development of cooperatives as an institutional source of rural credit till 1970.
Multiple choice social science agriculture sector rural credit role of agriculture sector green revolution

Which co-operative credit institution provides long-term loans?

  1. Cooperative Banks

  2. Land Development Banks

  3. NABARD

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

Land Development Banks- co-operative credit institution provides long-term loans. It provide loans generally more than one year. It provides institutional credit which assist in agricultural developmental activities. Land Development Banks (LDBs) have a 2-tier structure.Land Development Banks (LDBs) have been effectively established in India since 1929.

Multiple choice social science agriculture sector rural credit role of agriculture sector green revolution

The 3-tier structure of co-operative banks includes which of the following?
(i)   NABARD
(ii)  State Cooperative Banks
(iii) Central Cooperative Banks
(iv) District Central Cooperative Banks
(v)  Primary Agricultural Credit Societies (PACS)

  1. (i), (ii) and (iv)

  2. (i), (iii) and (v)

  3. (ii), (iv) and (v)

  4. (ii), (iii) and (v)
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation
The 3-tier structure of co-operative banks includes :-a) State Cooperative Banksb) Primary Agricultural Credit Societies (PACS)
c) District Central Cooperative Banks
Co-operative banks have a  3-tier structure.Cooperative banks as a cooperative credit institution provide both medium-term as well as short-term.loans.Cooperatives provide Institutional credit which assists rural households involved in agricultural activities. The government exclusively depended on development of cooperatives as an institutional source of rural credit till 1970.
Multiple choice social science agriculture sector rural credit role of agriculture sector green revolution

Land Development Banks (LDBs) have been effectively established in India since __________.

  1. 1920

  2. 1956

  3. 1951

  4. 1929
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Land Development Banks (LDBs) have been effectively established in India since 1929.Land Development Banks (LDBs) are also called as Land Mortgage Banks and Agricultural and Rural Development Banks in some states.Land Development Banks- co-operative credit institution provides long-term loans. It provide loans generally more than one year. It provides institutional credit which assist in agricultural developmental activities.

Multiple choice civics agriculture sector rural credit role of agriculture sector green revolution animal husbandry and fishery cattle farming

Which of the following is the full form of KCC as used in the agriculture sector?

  1. Kisan Credit Card

  2. Kisan Credit Company

  3. Knowledge Credit Corporation

  4. Konkan Credit Corporation
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

The Kisan Credit Card (KCC) Scheme, introduced in 1998-99, has made rapid progress with the banking system. The scheme has helped in augmenting the flow of short-term crop loans for seasonal agricultural operations to farmers. Besides the existing facilities of providing crop loan, the scope of KCC Scheme has been enlarged to include term loans for agriculture and allied activities along with a component to meet the consumption needs.

Multiple choice economics economics of development and planning economics of planning objectives of economic planning in india major economic problems

Which of the following is not the part of the structure of the Financial System in India?

  1. Industrial Finance

  2. Agricultural Finance

  3. Government Finance

  4. Personal Finance
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

The financial system in India is typically categorized into financial institutions, financial markets, and financial instruments. Personal finance refers to individual money management and is not a structural component of the national financial system.