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Page-30 of Archives: May, 2015

In which year, Paper Currency Act was enacted by British Government of India?

In which year, Paper Currency Act was enacted by British Government of India? [A]1862 [B]1861 [C]1852 [D]1875 Show Answer 1861

May 18, 2015

Original headquarters of RBI were located at ___?

Original headquarters of RBI were located at ___? [A]Calcutta [B]Bombay [C]Madras [D]New Delhi Show Answer Calcutta Original headquarters of RBI were in Kolkata, but in 1937, it was...

May 18, 2015

The Royal Commission on Indian Currency and Finance was also known as __:

The Royal Commission on Indian Currency and Finance was also known as __: [A]Hilton-Young Commission [B]Hartog Commission [C]Muddiman Committee [D]Buttler Commission Show Answer Hilton-Young Commission

May 18, 2015

What was the initial share capital of Reserve Bank of India?

What was the initial share capital of Reserve Bank of India? [A]Rs. 5 Crore [B]Rs. 10 Crore [C]Rs. 15 Crore [D]Rs. 20 Crore Show Answer Rs. 5 Crore...

May 18, 2015

Which among the following was the first bank to open a branch on foreign soil?

Which among the following was the first bank to open a branch on foreign soil? [A]Bank of India [B]State Bank of India [C]Bank of Punjab [D]Allahabad Bank Show...

May 18, 2015

Which of the following is the oldest Joint Stock bank of India?

Which of the following is the oldest Joint Stock bank of India? [A]Allahabad Bank [B]Bank of Baroda [C]Patiala Bank [D]Bank of India Show Answer Allahabad Bank A bank...

May 18, 2015

Which among the following are the correct locations of three presidency banks during British India?

Which among the following are the correct locations of three presidency banks during British India? [A]Calcutta, Madras, Bombay [B]Surat, Calcutta, Madras [C]Surat, Madras, Bombay [D]Bombay, Calcutta, Surat Show...

May 18, 2015

In which year, the first bank of India “Bank of Hindustan” was established?

In which year, the first bank of India “Bank of Hindustan” was established? [A]1870 [B]1770 [C]1795 [D]1880 Show Answer 1770 The first bank of India is Bank of...

May 18, 2015

In context with bank interest rates, if an interest rate is reduced by 50 basis points it means an effective reduction of

In context with bank interest rates, if an interest rate is reduced by 50 basis points it means an effective reduction of ___: [A]50% [B]5% [C]0.5% [D]0.05% Show...

May 18, 2015

Which among the following is a nearest term to Pay Order?

Which among the following is a nearest term to Pay Order? [A]Bank Draft [B]Banker’s Cheque [C]Bill of Exchange [D]Promissory Note Show Answer Banker’s Cheque A cheque issued by...

May 18, 2015

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