Exam 10: Banking and Financial Services: A Compilation of Questions

The first Indian bank known as „The Bank of Hindustan? was set up in

Who can open bank account?

Industrial banks are specialised financial institutions established by government to:

Coins are issued by

The purpose of the crop loan is to facilitate the agriculturists to carry on:

Which is the largest public sector bank in India

Right of lien is the right of a creditor

Overdraft facilities are allowed in

A kind of deposit where depositor is required to deposit a fixed amount at regular intervalfor a specific period is

Imperial Bank of India was nationalised in _______.

Which of the following is known as a Savings Bank Account opened with a commercial bank with zero balance or very minimal balance?

ATM can be used for

RRB was set up in the year

A banker is obliged to keep the affairs of his customer secret except under special circumstances such as:

The first Indian bank is known as

If the account of a customer shows a credit balance, the banker will be:

Internet Banking refers to

Which is the largest private sector bank in India

Deposits mobilised by the banks are utilised for:i.loans and advancesii.investment in government and other approved securities in fulfilment of liquidity stipulationiii.investment in commercial paper, shares, debentures up to stipulated ceilings

When a banks make an advance to lump sum, the whole of which is withdrawn in cashimmediately by the borrowers who undertakes to repaid it in installments, it is called