1. Where is the Reserve Bank of India’s headquarters located?
(A) Nagpur
(B) Delhi
(C) Mumbai
(D) Bhopal
Answer: (C) Mumbai
2. When was the Reserve Bank of India founded?
(A) 1 April 1935
(B) 25 March 1947
(C) 17 December 1937
(D) Other
Answer: (A) 1 April 1935
3. When was the Bank of Hindustan established?
(A) 1805
(B) 1915
(C) 1770
(D) 1750
Answer: (C) 1770
4. How many public banks are there in India?
(A) 27
(B) 29
(C) 25
(D) 30
Answer: (A) 27
5. What services do banks provide to people?
(A) Central Services
(B) Direct services
(C) Financial Services
(D) Other
Answer: (C) Financial Services
6. What is the name of India’s first bank?
(A) Reserve Bank of India
(B) Bank of Hindustan
(C) State Bank of India
(D) Andhra Bank
Answer: (B) Bank of Hindustan
7. When was the State Bank of India founded?
(A) 1 April 1935
(B) 1 January 1949
(C) 17 December 1951
(D) July 1, 1955
Answer: (D) July 1, 1955
8. When was the Bharatiya Mahila Bank founded?
(A) 19 November 2013
(B) 15 August 2014
(C) 26 January 2013
(D) Other
Answer: (A) 19 November 2013
9. Which Indian bank has the most significant number of branches in foreign countries?
(A) Bank of India
(B) Punjab National Bank
(C) Bank of Baroda
(D) Corporation Bank
Answer: (C) Bank of Baroda
10. Which bank did Mahatma Gandhi inaugurate in 1919?
(A) Union Bank of India
(B) Bank of Baroda
(C) State Bank of Saurashtra
(D) Bank of Maharashtra
Answer: (A) Union Bank of India
11. After State Bank of India(SBI), which of the bank has the largest number of offices?
(A) Punjab National Bank
(B) Bank of India
(C) Andhra Bank
(D) Canara Bank
Answer: (A) Punjab National Bank
12. Who determines bank rates in India?
(A) Government Of India
(B) Reserve Bank of India
(C) State Bank of India
(D) Securities and Exchange Board of India
Answer: (B) Reserve Bank of India
13. What does M stand for in M-Banking?
(A) Money
(B) Mobile Phone
(C) Message
(D) Marginal
Answer: (B) Mobile Phone
14. Who regulates the banking sector in India?
(A) Union Finance Commission
(B) Reserve Bank of India
(C) Union Ministry of Finance
(D) Union Ministry of Commerce
Answer: (B) Reserve Bank of India
15. Regional Rural Banks are sponsored by?
(A) Government of India
(B) Reserve Bank of India
(C) State Bank of India
(D) Nationalized Commercial Bank
Answer: (D) Nationalized Commercial Bank