In which year, Regional Rural Banks started working in India? [A]1970 [B]1975 [C]1978 [D]1981 Show Answer 1975
Multiple Choice Practice Questions for Preparation of Banking Awareness Section of IBPS, SBI PO, RBI Grade B and other various Banking Examinations
In which year, Indian Rupee was devalued for the first time? [A]1965 [B]1966 [C]1968 [D]1971 Show Answer 1966
On which date, RBI started working? [A]1 January 1934 [B]1 January 1935 [C]1 April 1935 [D]31 March 1934 Show Answer 1 April 1935
In which year, Paper Currency Act was enacted by British Government of India? [A]1862 [B]1861 [C]1852 [D]1875 Show Answer 1861
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 shifted to Shahid Bhagat Singh Marg, Mumbai.
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
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 RBI did not start as a Government owned bank but as a privately held bank without major government ownership. It started with a Share Capital of Rs.
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 Answer Bank of India Bank of India was the first Indian bank to open a branch outside India in London in 1946 and the first to open
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 that has multiple shareholders is called joint-stock bank. Oldest Joint Stock bank of India was Bank of Upper India that was established in 1863. But this bank
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 Answer Calcutta, Madras, Bombay