Top 80+ Solved Modern Banking and Insurance MCQ Questions Answer

From 1 to 15 of 95

Q. The first chartered bank was established at---------------------

a. japan

b. philadelphia

c. india

d. france.

  • b. philadelphia

Q. Bank is an institution which deals with --------------

a. money

b. treatment

c. education

d. communication.

  • a. money

Q. The word meaning of Banco is ---------------

a. heap

b. gold

c. deposit

d. loan.

  • a. heap

Q. Bank of Hindustan was established at -------------------------

a. bombay

b. chennai

c. kolkatta

d. bengal.

  • a. bombay

Q. General Bank of India was established in -----------------------

a. 1771

b. 1775

c. 1786

d. 1780.

  • c. 1786

Q. Upper bank of India was established in -----------

a. 1860

b. 1870

c. 1863

d. 1865.

  • c. 1863

Q. Second phase of Indian banks were nationalized in

a. 1960

b. 1969

c. 1970

d. 1869.

  • b. 1969

Q. The third phase of development banking in India started in early

a. 1980

b. 1990

c. 1960

d. 1965.

  • b. 1990

Q. The apex institution in the financial system of a country is

a. central bank

b. state bank

c. national bank

d. federal bank.

  • a. central bank

Q. Industrial bank also known as

a. investment bank

b. state bank

c. commercial bank

d. unit bank.

  • a. investment bank

Q. SIDBI was established in the year: [a]1990 [b]1995 [c]1985 [d]1969.16. RRBs are coming under

a. private sector

b. public sector

c. co-operative sector

d. domestic sector.

  • a. private sector

Q. Initially central bank was established at

a. mumbai

b. chennai

c. new delhi

d. calcutta.

  • d. calcutta.

Q. The central office of RBI is at ----------------------------

a. mumbai

b. chennai

c. new delhi

d. calcutta.

  • a. mumbai
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