Top 350+ Solved Banking and Finance MCQ Questions Answer

From 211 to 225 of 359

Q. First Bank established in India was:

a. Bank of India

b. Bank of Hindustan

c. General Bank of India

d. None of The Above

  • b. Bank of Hindustan

Q. Which of these banks was nationalised in 1969?

a. United Bank of India

b. Vijaya Bank

c. Andhra Bank

d. Punjab and Sind Bank

  • a. United Bank of India

Q. Which nationalised bank was merged with Punjab National bank in 1993?

a. Punjab and Sind Bank

b. Ludhiana Area Bank

c. Majha United Bank

d. New bank of India

  • d. New bank of India

Q. Who was the Prime Minister of India when Banking Nationalization was done in 1969?

a. Jawahar Lal Nehru

b. Indira Gandhi

c. Rajiv Gandhi

d. Narsimha Rao

  • b. Indira Gandhi

Q. When was the State Bank of India nationalised?

a. 1955

b. 1956

c. 1959

d. 1964

  • a. 1955

Q. Which of these banks was not associated with the State Bank of India in 1959?

a. State Bank of Hyderabad

b. State Bank of Indore

c. State Bank of Mysore

d. State Bank of Patna

  • d. State Bank of Patna

Q. Why were Banks nationalised in India?

a. To borrow money from USA

b. To follow the IMF Guidelines

c. To provide the government of India more control of credit delivery

d. All of the above

  • c. To provide the government of India more control of credit delivery

Q. Which of these banks was nationalised in 1969?

a. Union Bank of India

b. Oriental Bank of Commerce

c. UCO Bank

d. All of the above

  • d. All of the above

Q. Imperial Bank was nationalized and name it as…………….

a. State Bank of India

b. Indian Bank

c. Axis Bank

d. Canara Bank

  • a. State Bank of India

Q. In which year the second round of Bank nationalisation was done?

a. 1979

b. 1974

c. 1980

d. 1988

  • c. 1980

Q. Which is India’s largest commercial bank?

a. PNB

b. SBI

c. UTI

d. Vijaya Bank

  • b. SBI

Q. In which year State Bank of India Act was passed?

a. 1934

b. 1945

c. 1955

d. 1957

  • c. 1955

Q. The Imperial Bank of India, after its nationalization came to be known as

a. Reserve Bank of India

b. State Bank of India

c. United Bank of India

d. Indian Overseas Bank

  • b. State Bank of India

Q. Which of the first subsidiary bank of State Bank of India to do whole computerization of all its branches?

a. State Bank of Patiala

b. State Bank of Hyderabad

c. State Bank of Saurashtra

d. State Bank of Travancore

  • a. State Bank of Patiala
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