Chapter: Private Sector Banks
1.

A bank is a financial intermediary because

A. it acts as the broker between depositor and borrower
B. it acts as the link between the savers and the borrowers
C. it is in the finance industry
D. it is in the intermediary industry
Answer» B. it acts as the link between the savers and the borrowers
2.

Bank’s services include

A. Net banking
B. Mobile banking
C. Phone banking
D. All the above
Answer» D. All the above
3.

An Investment Bank is a bank

A. Which invests money in another bank
B. Which collects investments from public
C. An intermediary which performs a variety of financial services to corporate
D. none
Answer» C. An intermediary which performs a variety of financial services to corporate
4.

_____________are NOT a part of the Scheduled banking structure in India.

A. Money lenders
B. Public sector banks
C. Private sector banks
D. Regional rural banks
Answer» A. Money lenders
5.

Which of the following is NOT a function of Commercial Bank?

A. Providing Project Finance Settling of payments on behalf of the customers.
B. Deciding policy rates like CRR, SLR and Repo rate.
C. Issuing credit / debit /ATM cards
D. none
Answer» B. Deciding policy rates like CRR, SLR and Repo rate.
6.

Which of the following public sector banks has the largest number of branches in foreign countries?

A. Bank of India
B. Bank of Baroda
C. Punjab National Bank
D. Corporation Bank
Answer» B. Bank of Baroda
7.

Bank of Rajasthan is now merged with which of the following Banks?

A. Axis Bank
B. IDBI Bank
C. ICICI bank
D. HDFC Bank
Answer» C. ICICI bank
8.

The rupee Note contain the signature of –

A. Finance Secretary, GOI
B. Chairman, SBI
C. Governor, RBI
D. Finance Minister, GOI
Answer» D. Finance Minister, GOI
9.

Zero balance account is generally allowed to be open for –

A. Salaried Class
B. Business Man
C. Foreign Customers
D. Children
Answer» A. Salaried Class
10.

The only merger of two public sector banks took place between –

A. Bank of India and New Bank of India
B. Punjab National Bank and New Bank of India
C. Allahabad Bank and United Bank of India
D. Punjab National Bank and Bank of Rajasthan
Answer» B. Punjab National Bank and New Bank of India
11.

Canara Bank and Corporation Bank have headquarters in _____ and _____ respectively.

A. Bangalore, Mangalore
B. Mangalore, New Delhi
C. Both in Bangalore
D. Both in Mangalore
Answer» A. Bangalore, Mangalore
12.

Which bank was united with the Punjab National Bank in 1993?

A. Oudh Commercial Bank
B. New Bank of India
C. Punjab and Sind Bank
D. Imperial Bank of India
Answer» B. New Bank of India
13.

Which among the following bank has its headquarters in Mumbai?

A. Allahabad Bank
B. UCO Bank
C. United Bank of India
D. Bank of India
Answer» D. Bank of India
14.

Which bank has become the first private sector bank to sell Indian gold coins?

A. Dhanlaxmi Bank
B. Federal Bank
C. Karur Vysya Bank
D. ICICI Bank
Answer» B. Federal Bank
15.

Which private bank was earlier known as The Kumbakonam Bank Limited?

A. Tamil Nadu Mercantile Bank
B. Federal Bank
C. South Indian Bank
D. City Union Bank
Answer» D. City Union Bank
16.

Which Private bank is the wholly owned subsidiary of Bank of Baroda?

A. Axis Bank
B. Nainital Bank
C. HDFC Bank
D. Bandhan Bank
Answer» B. Nainital Bank
17.

Among the following banks, which bank has been renamed as Axis Bank Ltd?

A. HDFC Bank
B. Centurion Bank
C. Lord Krishna Bank
D. UTI Bank
Answer» D. UTI Bank
18.

Where is the operational head office of HSBC Bank located in India?

A. New Delhi
B. Bangalore
C. Mumbai
D. Chennai
Answer» C. Mumbai
19.

How many foreign banks are there in India at present?

A. 42
B. 43
C. 44
D. 45
Answer» D. 45
20.

Which is the largest foreign bank in India?

A. HSBC
B. Citi Bank
C. Standard Chartered Bank
D. Deutshce Bank
Answer» C. Standard Chartered Bank
21.

Where Citi Bank India was first established its office in 1902?

A. Calcutta
B. Bombay
C. Madras
D. Dhaka
Answer» A. Calcutta
22.

Which is the 3rd largest foreign bank of India in terms of branches?

A. HSBC
B. Citi Bank
C. Standard Chartered
D. Royal bank of Scotland
Answer» A. HSBC
23.

Bhartiya Mahila Bank was founded in the year ____?

A. 2011
B. 2012
C. 2013
D. 2014
Answer» C. 2013
24.

Which one among the following has not started commercial banking?

A. SIDBI
B. IDBI
C. ICICI
D. UTI
Answer» A. SIDBI
25.

The merger of _________and ________was the first M and A activity after liberalization.

A. Times Bank and HDFC Bank
B. New Bank of India and Punjab National Bank
C. ICICI and ICICI Bank
D. GTB and Oriental Bank of Commerce
Answer» C. ICICI and ICICI Bank
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