Page-2 of History of Banking
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