[DOWNLOAD] IMPORTANT HISTORY OF BANKING OBJECTIVE TYPE QUESTIONS
1. The earliest evidence of Banking transactions in India comes from __:
[A] Vedic Era
[B] Maurya Era
[C] Gupta Era
[D] Medieval India
2. In which year, Regional Rural Banks started working in India?
[A] 1970
[B] 1975
[C] 1978
[D] 1981
3. In which year, Indian Rupee was devalued for the first time?
[A] 1965
[B] 1966
[C] 1968
[D] 1971
4. On which date, RBI started working?
[A] 1 January 1934
[B] 1 January 1935
[C] 1 April 1935
[D] 31 March 1934
5. In which year, Paper Currency Act was enacted by British Government of India?
[A] 1862
[B] 1861
[C] 1852
[D] 1875
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6. Original headquarters of RBI were located at ___?
[A] Calcutta
[B] Bombay
[C] Madras
[D] New Delhi
7. The Royal Commission on Indian Currency and Finance was also known as __:
[A] Hilton-Young Commission
[B] Hartog Commission
[C] Muddiman Committee
[D] Buttler Commission
8. What was the initial share capital of Reserve Bank of India?
[A] Rs. 5 Crore
[B] Rs. 10 Crore
[C] Rs. 15 Crore
[D] Rs. 20 Crore
9. Which among the following was the first bank to open a branch on foreign soil?
[A] Bank of India
[B] State Bank of India
[C] Bank of Punjab
[D]Allahabad Bank
10. Which of the following is the oldest Joint Stock bank of India?
[A] Allahabad Bank
[B] Bank of Baroda
[C] Patiala Bank
[D] Bank of India
DOUBLE CLICK TO GET THE ANSWER AND DESCRIPTION:[C] Muddiman Committee
[D] Buttler Commission
8. What was the initial share capital of Reserve Bank of India?
[A] Rs. 5 Crore
[B] Rs. 10 Crore
[C] Rs. 15 Crore
[D] Rs. 20 Crore
9. Which among the following was the first bank to open a branch on foreign soil?
[A] Bank of India
[B] State Bank of India
[C] Bank of Punjab
[D]Allahabad Bank
10. Which of the following is the oldest Joint Stock bank of India?
[A] Allahabad Bank
[B] Bank of Baroda
[C] Patiala Bank
[D] Bank of India
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