Banking & Finance-1: History, Structure & Types of Banking

This document is mainly for Preliminary examination and covers the topics objectively. This content is also useful for some of you who might be appearing in Banking Examinations as well.

Prelims MCQ Topics
Kusidin, Presidency Banks, Imperial Bank of India, Hilton Young Commission, Nationalization of Banks and their impact, Scheduled Versus Non-scheduled banks, Old and New Private Sector Banks, RBI policy towards Foreign Banks, Regional Rural Banks, Different Rural Cooperatives, Unit Banking / Branch Banking, Mixed, Chain, Retail / Wholesale Banking, Social Banking, Narrow Banking, Shadow Banking.

Part-I : History of Banking

Part-II: Structure of Banking

Part-III: Types of Banking

Comments

  • sunitaraj
    Reply

    Sir , Is it correct -similarly ,SBI also a statutory body deriving its legality from SBI Act-1935? Should it be 1955? If correct -please explain it ,I am unable to understand.

    • Suresh Soni

      Hello, Its 1955 act not 1935. It was a typo, fixed now.

  • Amitav
    Reply

    Sir, can you please check page 6 last paragrph… Seven subsidiaries of sbi were nationalised by the indira gandhi govt in 1959

    • Suresh Soni

      Hello Amitav, yes I checked it and this was also a typo. It has to be read as follows:
      After that, in a major process of nationalization, seven subsidiaries of the State Bank of India were nationalized via the State Bank of India (Subsidiary Banks) Act, 1959.

  • Chinu
    Reply

    Why sbi is not the oldest public sector bank but allahabad is?

  • Chinu
    Reply

    Intrest rate of different nationalized banks are diff though they are all controlled by government. Why it is so though they are controlled by same source?also who decide thses rates