01 - History of Banking

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1).
The Vedic word Kusidin refers to which of the following?
2).
In which year, the first bank of India "Bank of Hindustan" was established?
3).
Which among the following are the correct locations of three presidency banks during British India?
4).
Which of the following is the oldest Joint Stock bank of India?
5).
At which of the following place, East India Company established its first presidency bank?
6).
What was the name of State Bank of India (SBI) before it was created by SBI Act?
7).
Which among the following was the first bank to open a branch on foreign soil?
8).
Which of the following was first bank managed by Indians?
9).
In which year, Paper Currency Act was enacted by British Government of India?
10).
Which was the first bank to be wholly owned and run by Indians?
1. The Vedic word Kusidin refers to which of the following?
[A] A banker
[B] An usurer
[C] A farmer
[D] A trader
2. In which year, the first bank of India “Bank of Hindustan” was established?
[A] 1870
[B] 1770
[C] 1795
[D] 1880
3. 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
4. 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
5. At which of the following place, East India Company established its first presidency bank?
[A] Madras
[B] Calcutta
[C] Bombay
[D] Surat
6. What was the name of State Bank of India (SBI) before it was created by SBI Act?
[A] Imperial Bank of Hindustan
[B] Imperial Bank of Bengal
[C] Imperial Bank of Madras
[D] Imperial Bank of India
7. 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
8. Which of the following was first bank managed by Indians?
[A] Bank of Baroda
[B] Bank of India
[C] Punjab National Bank
[D] Central Bank of India
9. In which year, Paper Currency Act was enacted by British Government of India?
[A] 1850
[B] 1861
[C] 1870
[D] 1858
10. Which was the first bank to be wholly owned and run by Indians?
[A] Allahabad Bank
[B] Bank of Baroda
[C] Bank of India
[D] Central Bank of India
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