Deck 1: Banking and Finance on Indian Banking System

Question 1

The SBI Act was passed to take over the

A)imperial bank of india
B)the bank of bengal
C)allahabad bank
D)central bank of india

Answer 1

imperial bank of india

Question 2

Which bank was the earliest bank started under European Directions in India?

A)the bank of bharat
B)the bank of bengal
C)the bank of hindustan
D)the bank of vatan

Answer 2

the bank of hindustan

Question 3

Vijaya Bank and which other bank merged with Bank Of Baroda?

A)icici bank
B)axis bank
C)dena bank
D)lena bank

Answer 3

dena bank

Question 4

It serves the financial needs of large corporate house both domestic and multinational entities of public sectors and government

A)investment banking
B)retail banking
C)industrial banking
D)corporate banking

Question 5

Bancassurance partner of TATA AIA Life Insurance

A)axis
B)citi bank
C)icici
D)yes bank

Question 6

In India RTGS system was operational from?

A)2004
B)2003
C)2002
D)2001

Question 7

SIDBI launched the _________ in 1994

A)macro credit scheme
B)micro credit scheme
C)kisan credit card
D)self-help group

Question 8

SSS stands for

A)securities settlement system
B)securities secret system
C)securities system schedule
D)securities systematic schedule

Question 9

Project finance is one of the product of

A)investment banking
B)industrial banking
C)corporate banking
D)universal banking

Question 10

It is a provision of affordable financial services to theose who tend to be excluded

A)financial services
B)financial inclusion
C)financial exclusion
D)financial reporting