1) In which year all three presidency banks were merged and called as Imperial Bank of India?
Answer : 1921
2) Which bank was the first bank to be established by Indian Merchants?
Answer : Union Bank
3) Which reputed bank was being setup in Lahore and which is still functioning?
Answer : Punjab National Bank
4) Which was the first Indian Joint stock bank and when was it setup?
Answer : Oudh Commercial Bank established in1881
5) For what purpose the Banking Regulation Act was passed in 1949?
Answer : To regulate, control and inspect the Banks in India
6) In which year 14 Commercial Banks were Nationalised?
Answer : 19th July,1969
7) In which year another 6 banks were Nationalised?
Answer : 1980
8) Which Indian Prime minister gave green signal for Liberalisation inturn leading to setting up of Private Banks in India?
Answer : P.V.Narasimha Rao
9) Which bank was the first private bank to be setup after Liberalisation?
Answer : Global Trust Bank
10) Which bank was established to promote the investment in the property market?
Answer : National Housing Bank
By : Amit Jha
MBA 2nd Year
By : Amit Jha
MBA 2nd Year
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