R4RIN – MCQs, Mock Tests | BANK Bank Mcq Question Set 4

Which is the first Indian bank to get ISO?

1. Canara Bank
2. State Bank of India
3. Central Bank of India
4. Punjab National Bank

✅ Correct Answer: 1

Which is the first Indian bank started solely with Indian capital investment?

1. Canara Bank
2. State Bank of India
3. Punjab National Bank
4. Central Bank of India

✅ Correct Answer: 3

Who is the founder of Punjab National Bank?

1. Bhagat Singh
2. Lala Rajpat Rai
3. Bipin Chandra Pal
4. Bal Gangadhar Tilak

✅ Correct Answer: 2

Who was the first governor of RBI?

1. Mihir Sen
2. Osborne Smith
3. Nagendra Singh
4. James Braid Taylor

✅ Correct Answer: 2

Who was the first Indian Governor of RBI?

1. C. D. Deshmukh
2. K. G. Ambegaonkar
3. Benegal Rama Rau
4. R. K. Shanmukham Chetty

✅ Correct Answer: 1

Which is the first bank to introduce savings account in India?

1. Bengal Bank
2. Presidency Bank
3. Bank of Hindustan
4. General Bank of India

✅ Correct Answer: 2

Which is the first bank to introduce Internet banking?

1. ICICI Bank
2. Canara Bank
3. State Bank of India
4. Punjab National Bank

✅ Correct Answer: 1

Which is the first bank to introduce mutual fund?

1. ICICI Bank
2. Bank of Baroda
3. State Bank of India
4. Punjab National Bank

✅ Correct Answer: 3

Which is the first bank to introduce credit card in India?

1. ICICI Bank
2. Canara Bank
3. Bank of Baroda
4. Central Bank of India

✅ Correct Answer: 4

Which is the largest public sector bank in India?

1. Canara Bank
2. Bank of Baroda
3. State Bank of India
4. Central Bank of India

✅ Correct Answer: 3

Which is the largest private sector bank in India?

1. Axis Bank
2. ICICI Bank
3. HDFC Bank
4. South Indian Bank

✅ Correct Answer: 2

Which is the largest foreign bank in India?

1. HSBC Ltd.
2. DBS Bank Ltd.
3. Standard Chartered Bank
4. American Express Bank Ltd.

✅ Correct Answer: 3

American Express Bank Ltd.

1. Bank of India
2. Canara Bank
3. Andhra Bank
4. Bank of Baroda

✅ Correct Answer: 1

Which bank started the first RRB named Prathama Grameen Bank?

1. Syndicate Bank
2. State Bank of India
3. United Bank of India
4. Punjab National Bank

✅ Correct Answer: 1

Punjab National Bank

1. HSBC
2. State Bank of India
3. United Bank of India
4. Standard Chartered Bank

✅ Correct Answer: 1

Which bank approved loan to help India in improving Rail services?

1. World Bank
2. Asian Development Bank
3. African Development Bank
4. BRICS Development Bank

✅ Correct Answer: 2

Where is NDB headquartered?

1. Beijing
2. Chengdu
3. Shanghai
4. Hong Kong

✅ Correct Answer: 3

Who signs on 1 Rupee currency note?

1. The President
2. Finance Minister
3. Governor of RBI
4. Finance Secretary

✅ Correct Answer: 4

Which country started first plastic notes?

1. Austria
2. Australia
3. Argentina
4. Afghanistan

✅ Correct Answer: 2

Who regulate monetary policy?

1. RBI
2. SEBI
3. IRDA
4. SIDBI

✅ Correct Answer: 1

Whose signature does Indian currency note bear?

1. RBI Governor
2. The President
3. Finance Minister
4. Finance Secretary

✅ Correct Answer: 1

How many Deputy Governors are there in RBI?

1. 4
2. 7
3. 12
4. 20

✅ Correct Answer: 1

What is the full form of TIBOR?

1. The Interbank Offered Rate
2. Tokyo Interbank Offered Rate
3. Tokyo-India Bureau Of Regulations
4. None of these

✅ Correct Answer: 2

What is the full form of FCCB?

1. Foreign Currency Convertible Bank
2. Foreign Currency Convertible Bond
3. Foreign Currency Convertible Board
4. Foreign Convertible Currency Board

✅ Correct Answer: 2

Which one of the following belongs to Bank Capitalization?

1. Basel I norms
2. Basel II norms
3. Basel III norms
4. Solvency II norms

✅ Correct Answer: 3

What is the full form of CDS?

1. Call Detail Swap
2. Credit Default Swap
3. Corporate Debt Swap
4. None of these

✅ Correct Answer: 2

Which is the largest bank in the world?

1. BNP Paribas
2. HSBC Holdings
3. China Construction Bank Corporation
4. Industrial & Commercial Bank of China

✅ Correct Answer: 4

What is the full form of NIM?

1. Net Interest Margin
2. Net Involution Margin
3. Net Involvement Margin
4. None of these

✅ Correct Answer: 1

What is the full form of MTSS?

1. Money Transfer Service Strategy
2. Money Transfer Service Scheme
3. Medium Transfer Service Scheme
4. Moderate Transfer Service Scheme

✅ Correct Answer: 2

What method is used by the Bank to read code on cheque

1. OCR
2. OMR
3. MICR
4. None of these

✅ Correct Answer: 3

�What is the full form of CVV?

1. Call Verification Value
2. Card Verification Value
3. Credit Verification Value
4. None of these

✅ Correct Answer: 2

Where is the Bank of International Settlement headquartered?

1. France
2. Belgium
3. Germany
4. Switzerland

✅ Correct Answer: 4

Which bank launched smart star account?

1. HSBC
2. IDBI Bank
3. ICICI Bank
4. HDFC Bank

✅ Correct Answer: 3

Which is the committee on Banking Ombudsman?

1. Parthasarathi Shome
2. Suma Verma Committee
3. B. Shivaraman Committee
4. Shri Raghuram Rajan Committee

✅ Correct Answer: 2

What is the full form of CDSL?

1. Central Depository Services Limited
2. Cardinal Depository Services Limited
3. Central Depository Securities Limited
4. None of these

✅ Correct Answer: 1

How many digits are there in IFSC Code?

1. 11
2. 12
3. 13
4. 14

✅ Correct Answer: 1

What does the acronym DICGC mean?

1. District Industries Centre and Government College
2. Department of Insurance in Central Govt. Company
3. Deposit Insurance and Credit Guarantee Corporation
4. Deputy Inspector & Commissioner General for Commodities Trading

✅ Correct Answer: 3

What is the tagline of SBI?

1. Pure Banking Nothing Else
2. You can always bank on us
3. Working for a better tomorrow
4. Experience Next Generation Banking

✅ Correct Answer: 1

On which rate bases, overnight money is needed by bank from RBI?

1. MSF
2. Bank rate
3. Repo rate
4. Reverse repo

✅ Correct Answer: 1

Which of the following public sector banks has highest number of branches in India?

1. Bank of india
2. Allahabad Bank
3. State bank of India
4. Punjab National Bank

✅ Correct Answer: 3

Which bank has received Banking licenses by Reserve Bank of India in 2014 ?

1. IDFC
2. Bandhan
3. Both (a) and (b)
4. Aditya Birla Nuvo Ltd

✅ Correct Answer: 3

Bank of Rajasthan was merged with

1. SBI
2. IDBI
3. ICICI
4. HDFC

✅ Correct Answer: 3

Which is the largest private sector bank in India ?

1. Axis
2. HDFC
3. ICICI
4. HSBC

✅ Correct Answer: 2

What is the full-form of HDFC?

1. Housing Development Finance Company
2. Housing Department Finance Corporation
3. Housing Development Finance Corporation
4. Housing Development Financial Corporation

✅ Correct Answer: 3

Who headed the committee on Credit Information Reports (CIRs)?

1. Aditya Puri
2. K.V Kamath
3. Kaushik Basu
4. Raghuram Rajan

✅ Correct Answer: 1

PJ Naik committee is related to

1. Refinancing weak banks
2. Licensing to private bank
3. Governance of bank boards
4. Privatization of nationalized banks

✅ Correct Answer: 3

Who was was the first Indian to become governor of RBI?

1. John Mathai
2. C. D. Deshmukh
3. Liaquat Ali Khan
4. T. T. Krishnamachari

✅ Correct Answer: 2