Top 50+ Solved Nationalized Banks MCQ Questions Answer
Q. What was the State Bank of India called before it was created through SBI Act?
a. Bank of Hindustan
b. Bank of Madras
c. Imperial Bank of India
d. Imperial Bank of Calcutta
Q. When were the banks nationalized in our country?
a. On 1st July 1965
b. On 19th July 1969
c. On 19th July 1969 and 15th April 1980
d. On 16th April 1980 and 1st July 1965
Q. What are the major change in banking sector of India after nationalization of Banks?
a. Expansion of bank branches
b. Cut throat competition in Banking sector
c. Introduction of Banking Regulation Act
d. Establishment of RBI
Q. Largest shareholder (in percentage shareholding) of a Nationalized bank is?
a. RBI
b. NABARD
c. Government of India
d. LIC
Q. The bank which was not nationalized in 1969.
a. Punjab National Bank
b. Oriental Bank of Commerce
c. Bank of Baroda
d. Union Bank of India
Q. Reserve Bank of India was nationalized on___________.
a. 21 May 1948
b. 13 July 1951
c. 1 January 1949
d. 12 October 1951
Q. Lead Bank System was started on the recommendations of _________.
a. Raja Challaia Committee
b. Kelkar Committee
c. Nariman Committee
d. Malhotra Committee
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