Nationalized banks are banks that were once privately owned but were later taken over by the government. This can happen for a number of reasons, such as to prevent financial instability or to provide more financial services to the public.

Here you are given Multiple Choice Questions (MCQs) on the Nationalized Bankthe topic of General Knowledge. First of all, you have to read all the GK questions related to Nationalized Bank and click on one correct answer for each question. If your answer is correct, you will be displayed with a ✅ sign, but if your answer is wrong, a ❌ sign will be displayed, so that you can identify the correct answer you have given.

Q. Who was nominated by the US for the post of President of the World Bank on 8th February 2019?

 ◉ David malps

✅ Correct

 ◉ Kamala Harris

❌ Incorrect

 ◉ Emanuel Kant

❌ Incorrect

 ◉ Nancy pelosi

❌ Incorrect

Q. Government has approved capital infusion of 7900 crore in February 2012 in which of the following banks?

 ◉ Indian Bank

❌ Incorrect

 ◉ UCO Bank

❌ Incorrect

 ◉ ICICI Bank

❌ Incorrect

 ◉ SBI

✅ Correct

Q. Which company won the Gold Trophy of SCOPE Meritorious Award for Best Managed Bank, Insurance Company for the year 2011-12?

 ◉ Indian Renewable Energy Development Authority Limited (IREDA)

✅ Correct

 ◉ International Society of Automation (ISA)

❌ Incorrect

 ◉ Centre for Power Efficiency and Environmental Protection (CENPEEP)

❌ Incorrect

 ◉ National Thermal Power Corporation (NTPC)

❌ Incorrect

Q. Presently the total number of nationalized banks is –

 ◉ 17

❌ Incorrect

 ◉ 20

❌ Incorrect

 ◉ 19

✅ Correct

 ◉ 18

❌ Incorrect

Q. When was the Reserve Bank of India established?

 ◉ 18289

❌ Incorrect

 ◉ 12479

❌ Incorrect

 ◉ 17395

❌ Incorrect

 ◉ 12875

✅ Correct

Q. In which year did the Regional Rural Banks start functioning in India?

 ◉ In 1965 AD

❌ Incorrect

 ◉ in 1975 AD

✅ Correct

 ◉ In 1980 AD

❌ Incorrect

 ◉ In 1985 AD

❌ Incorrect

Q. Which Indian bank has the largest number of branches abroad?

 ◉ state Bank of India

✅ Correct

 ◉ Punjab Sindh Bank

❌ Incorrect

 ◉ Punjab National Bank

❌ Incorrect

 ◉ Bank of Baroda

❌ Incorrect

Q. There are some assets on the back of the currency note of the Reserve Bank of India, the assets should not be less than the prescribed quantity/amount?

 ◉ gold and foreign securities

✅ Correct

 ◉ Silver and domestic securities

❌ Incorrect

 ◉ Both suit

❌ Incorrect

 ◉ None of them

❌ Incorrect

Q. What type of commercial banking system is there in India?

 ◉ hybrid banking

✅ Correct

 ◉ Single banking

❌ Incorrect

 ◉ Branch banking

❌ Incorrect

 ◉ None of them

❌ Incorrect

Q. Which is the bank which is named after a river?

 ◉ Arawali regional rural bank

❌ Incorrect

 ◉ Prizes

❌ Incorrect

 ◉ Wardha Gramin Bank

✅ Correct

 ◉ Thar regional village bank

❌ Incorrect

Q. The banking business of which state government is not taken over by the Reserve Bank?

 ◉ Manipur

❌ Incorrect

 ◉ Tripura

❌ Incorrect

 ◉ Sikkim

✅ Correct

 ◉ Kerala

❌ Incorrect

Q. Which is the bank whose symbol has a shining star?

 ◉ Punjab National Bank

❌ Incorrect

 ◉ Bank of India

✅ Correct

 ◉ Reserve bank of india

❌ Incorrect

 ◉ State Bank of India

❌ Incorrect

Q. What is the sum of the currency in circulation with the public and the cash reserve kept in the banks called?

 ◉ compressed currency

✅ Correct

 ◉ Legitimate money

❌ Incorrect

 ◉ High powerful money

❌ Incorrect

 ◉ Order money

❌ Incorrect

Q. Central Bank of India is the bank of which sector?

 ◉ technology sector

❌ Incorrect

 ◉ agricultural sector

❌ Incorrect

 ◉ public area

✅ Correct

 ◉ for appropriation

❌ Incorrect

Q. Which was the first bank to introduce ATM in the world?

 ◉ City Bank

✅ Correct

 ◉ Punjab National Bank

❌ Incorrect

 ◉ indusland bank

❌ Incorrect

 ◉ state Bank of India

❌ Incorrect


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Nationalized Banks of India And Their Presidents 🔗

  Last update :  Mon 5 Jun 2023
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  Post Category :  Economics Quizzes