Multiple Choice Practice Questions for Preparation of Banking Awareness Section of IBPS, SBI PO, RBI Grade B and other various Banking Examinations

On which date, RBI started working?

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

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 shifted to Shahid Bhagat Singh Marg, Mumbai.

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 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 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 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

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