The Imperial Bank of India, formed in 1921, was created by amalgamating which banks?
Correct answer C. The three Presidency Banks of Bengal, Bombay and Madras
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Banking Awareness MCQs
Page 3 of Banking Awareness multiple-choice questions with answers. Tap an option to check yourself.
Page 3 of 3
Which committee recommended creating the State Bank of India to expand rural credit?
Correct answer A. All India Rural Credit Survey Committee
NABARD was established in 1982 on the recommendation of which committee?
Correct answer C. CRAFICARD, chaired by B. Sivaraman
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Where is the head office of the Small Industries Development Bank of India (SIDBI)?
Correct answer B. Lucknow
The Export-Import Bank of India was established under an Act passed in which year?
Correct answer D. 1981
The National Housing Bank was set up under an Act passed in which year?
Correct answer C. 1987
Which of the following activities is a payments bank NOT allowed to undertake?
Correct answer C. Lending money to customers
The idea of payments banks in India came from which RBI committee?
Correct answer C. Nachiket Mor Committee
On which date did India Post Payments Bank launch its services nationwide?
Correct answer C. 1 September 2018
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Small finance banks must lend what minimum share of their adjusted net bank credit to priority sectors?
Correct answer D. 75 per cent