McqMate
These multiple-choice questions (MCQs) are designed to enhance your knowledge and understanding in the following areas: Bachelor of Commerce (B Com) .
Chapters
| 51. |
In April 1980, ____ banks were nationalized in India? |
| A. | 3 |
| B. | 5 |
| C. | 6 |
| D. | 7 |
| Answer» C. 6 | |
| 52. |
In which year were the Subsidiaries of SBI nationalized? |
| A. | 1955 |
| B. | 1959 |
| C. | 1949 |
| D. | 1969 |
| Answer» B. 1959 | |
| 53. |
Imperial Bank of India was nationalized in which year? |
| A. | 1945 |
| B. | 1955 |
| C. | 1949 |
| D. | 1965 |
| Answer» B. 1955 | |
| 54. |
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 |
| Answer» C. Imperial Bank of India | |
| 55. |
Lead Bank System was started in__________. |
| A. | 1966 |
| B. | 1967 |
| C. | 1968 |
| D. | 1969 |
| Answer» D. 1969 | |
| 56. |
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 |
| Answer» C. On 19th July 1969 and 15th April 1980 | |
| 57. |
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 |
| Answer» A. Expansion of bank branches | |
| 58. |
Largest shareholder (in percentage shareholding) of a Nationalized bank is? |
| A. | RBI |
| B. | NABARD |
| C. | Government of India |
| D. | LIC |
| Answer» C. Government of India | |
| 59. |
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 |
| Answer» B. Oriental Bank of Commerce | |
| 60. |
What is the number of nationalized banks in India? |
| A. | 20 |
| B. | 28 |
| C. | 27 |
| D. | 19 |
| Answer» A. 20 | |
| 61. |
Reserve Bank of India was nationalized on___________. |
| A. | 21 May 1948 |
| B. | 13 July 1951 |
| C. | 1 January 1949 |
| D. | 12 October 1951 |
| Answer» C. 1 January 1949 | |
| 62. |
Lead Bank System was started on the recommendations of _________. |
| A. | Raja Challaia Committee |
| B. | Kelkar Committee |
| C. | Nariman Committee |
| D. | Malhotra Committee |
| Answer» C. Nariman Committee | |
| 63. |
When was general insurance business nationalized? |
| A. | 1938 |
| B. | 1971 |
| C. | 1973 |
| D. | 1993 |
| Answer» C. 1973 | |
| 64. |
First Bank established in India was: |
| A. | Bank of India |
| B. | Bank of Hindustan |
| C. | General Bank of India |
| D. | None of The Above |
| Answer» B. Bank of Hindustan | |
| 65. |
Which of these banks was nationalised in 1969? |
| A. | United Bank of India |
| B. | Vijaya Bank |
| C. | Andhra Bank |
| D. | Punjab and Sind Bank |
| Answer» A. United Bank of India | |
| 66. |
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 |
| Answer» D. New bank of India | |
| 67. |
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 |
| Answer» B. Indira Gandhi | |
| 68. |
When was the State Bank of India nationalised? |
| A. | 1955 |
| B. | 1956 |
| C. | 1959 |
| D. | 1964 |
| Answer» A. 1955 | |
| 69. |
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 |
| Answer» D. State Bank of Patna | |
| 70. |
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 |
| Answer» C. To provide the government of India more control of credit delivery | |
| 71. |
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 |
| Answer» D. All of the above | |
| 72. |
The first bank of India 'Bank of Hindustan' was established in the year? |
| A. | 1880 |
| B. | 1870 |
| C. | 1770 |
| D. | 1775 |
| Answer» C. 1770 | |
| 73. |
Imperial Bank was nationalized and name it as……………. |
| A. | State Bank of India |
| B. | Indian Bank |
| C. | Axis Bank |
| D. | Canara Bank |
| Answer» A. State Bank of India | |
| 74. |
In which year the second round of Bank nationalisation was done? |
| A. | 1979 |
| B. | 1974 |
| C. | 1980 |
| D. | 1988 |
| Answer» C. 1980 | |
| 75. |
Which is India’s largest commercial bank? |
| A. | PNB |
| B. | SBI |
| C. | UTI |
| D. | Vijaya Bank |
| Answer» B. SBI | |
| 76. |
In which year State Bank of India Act was passed? |
| A. | 1934 |
| B. | 1945 |
| C. | 1955 |
| D. | 1957 |
| Answer» C. 1955 | |
| 77. |
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 |
| Answer» B. State Bank of India | |
| 78. |
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 |
| Answer» A. State Bank of Patiala | |
| 79. |
Establishment of SBI precedes the establishment of __________. |
| A. | Bank of Madras |
| B. | Bank of Calcutta |
| C. | Bank of Bombay |
| D. | All the above |
| Answer» D. All the above | |
| 80. |
State Bank of India is a__________. |
| A. | Public Sector Bank |
| B. | Private Sector Bank |
| C. | Joint Sector Bank |
| D. | Non-Nationalized bank |
| Answer» A. Public Sector Bank | |
| 81. |
State bank of INDIA started merchant banking in |
| A. | 1972 |
| B. | 1978 |
| C. | 1973 |
| D. | 1980 |
| Answer» C. 1973 | |
| 82. |
Which bank came into existence in the year 1921 when three banks namely, Bank of Bengal (1806), Bank of Bombay (1840) and Bank of Madras (1843) were reorganized and amalgamated to form a single banking entity? |
| A. | Punjab National Bank |
| B. | Imperial Bank of India |
| C. | State Bank of India |
| D. | Reserve Bank of India (R B I) |
| Answer» B. Imperial Bank of India | |
| 83. |
____is the largest commercial bank in India in terms of assets, deposits, profits, branches, customers and employees: |
| A. | HDFC bank |
| B. | Axis bank |
| C. | SBI bank |
| D. | PNB |
| Answer» C. SBI bank | |
| 84. |
SBI lends money to other commercial banks. |
| A. | True |
| B. | False |
| C. | none |
| D. | none |
| Answer» A. True | |
| 85. |
The Government of India is the single largest shareholder of this (SBI) fortune 500 entity with ______ownership: |
| A. | 61.58% |
| B. | 64.58% |
| C. | 66.58% |
| D. | None of These |
| Answer» A. 61.58% | |
| 86. |
In 1955, the Reserve Bank of India acquired the controlling interests of the _________and SBI was created by an act of parliament: |
| A. | Bank of Hindustan |
| B. | Imperial Bank of India |
| C. | United India Bank |
| D. | None of These |
| Answer» B. Imperial Bank of India | |
| 87. |
The State Bank group (Including SBI) has how many subsidiaries: |
| A. | 8 |
| B. | 9 |
| C. | 7 |
| D. | 10 |
| Answer» A. 8 | |
| 88. |
Which of the following is not a state bank group subsidiary: |
| A. | State Bank of Travancore |
| B. | State Bank of Saurashtra |
| C. | State Bank of Indore |
| D. | State Bank of Allahabad |
| Answer» D. State Bank of Allahabad | |
| 89. |
Which services provided by SBI: |
| A. | Agriculture/Rural Banking, NRI Services, ATM Services, Demat Services, Corporate Banking |
| B. | Internet Banking |
| C. | Mobile Banking, International Banking, Safe Deposit Banking, RBI –EFT |
| D. | All of the above |
| Answer» D. All of the above | |
| 90. |
Which among the following banks has more ATMs? |
| A. | UBI |
| B. | ICICI |
| C. | SBI |
| D. | HDFC |
| Answer» C. SBI | |
| 91. |
Where is the head Quarter of SBI? |
| A. | Mumbai |
| B. | Delhi |
| C. | Kolkata |
| D. | Chennai |
| Answer» A. Mumbai | |
| 92. |
What is the tagline of SBI? |
| A. | Pure banking Nothing Else |
| B. | India’s international Bank |
| C. | You can always bank on us |
| D. | Experience Next Generation banking |
| Answer» A. Pure banking Nothing Else | |
| 93. |
The Govt. of India has acquired RBI’s stake in one of the major banks of India. Which of the following is the bank? |
| A. | Axis Bank |
| B. | IDBI Bank |
| C. | ICICI Bank |
| D. | SBI |
| Answer» D. SBI | |
| 94. |
SBI act was passed in parliament in? |
| A. | 1935 |
| B. | 1949 |
| C. | 1955 |
| D. | 1969 |
| Answer» C. 1955 | |
| 95. |
Which of the following pairing is no correct? |
| A. | State Bank of Bikaner & Jaipur – Jaipur |
| B. | State Bank of Hyderabad – Hyderabad |
| C. | State Bank of Mysore - Mysore |
| D. | State Bank of Patiala – Patiala |
| Answer» C. State Bank of Mysore - Mysore | |
| 96. |
The first associate bank of SBI? |
| A. | State Bank of Travancore |
| B. | State Bank of Patiala |
| C. | State Bank of Hyderabad |
| D. | State Bank of Indore |
| Answer» C. State Bank of Hyderabad | |
| 97. |
Which of the following bank is not regulated by Reserve Bank of India? |
| A. | State Bank of Sikkim |
| B. | IDBI Bank |
| C. | State Bank of Indore |
| D. | State Bank of Travancore |
| Answer» A. State Bank of Sikkim | |
| 98. |
SBI has launched NETC- SBI FASTag. What does N stands for in NETC? |
| A. | Network |
| B. | National |
| C. | Numbered |
| D. | Nominal |
| Answer» B. National | |
| 99. |
Which of the following banks has the largest number of branches? |
| A. | PNB |
| B. | SBI |
| C. | Andhra Bank |
| D. | Canara Bank |
| Answer» B. SBI | |
| 100. |
In which year the Regional Rural Banks Act was passed? |
| A. | 1986 |
| B. | 1976 |
| C. | 1992 |
| D. | 1988 |
| Answer» B. 1976 | |
Done Studing? Take A Test.
Great job completing your study session! Now it's time to put your knowledge to the test. Challenge yourself, see how much you've learned, and identify areas for improvement. Don’t worry, this is all part of the journey to mastery. Ready for the next step? Take a quiz to solidify what you've just studied.