General awareness- 2012 Practice Test 41 FOR IBPS PO EXAM

1. The first private bank in India to receive an in principle approval from the Reserve Bank Of India was ..
A. Indus Ind bank
B. Housing Development Finance Corporation Limited
C. United Western Bank
D. Bank of Rajasthan


2. HDFC bank Limited Commenced Operations As scheduled commercial bank in
A. January 1995
B. March 1996
C. July 1997
D. July 1998
E. None


3. ING Vysya was Incorporated in
A. 1980
B. 1960
C. 1930
D. 1950
E. None


4. According To Euro Money Magazine, which of the following is the world’s best privare bank ?
A. Switzerland’s UBS
B. Royal bank Of Scotland
C. Us based GE Capital
D. All of the above
E. None


5. Which of the following foreign banks is going to set up business in India ?
A. Royal bank of Scotland
B. Industrial and commercial Bank of china
C. Us Based GE Capital
D. All of the above
E. None


6. The Commercial banks have been organised either as public corporations under separate Acts of Parliament or as joint stock companies under the companies act Of
A. 1949
B. 1956
C. 1965
D. 1969
E. None


7. The co-operative Bank is Governed by the banking Regulation Act 1949 and Banking laws co-operative societies Act of
A. 1952
B. 1960
C. 1965
D. 1969
E. None


8. Net Inter-bank Liabilities have been exempted from the maintenance of statutory Liquid Ratio Effective from
A. April 26, 1997
B. April 29, 1998
C. May 6 ,1999
D. July 12 ,1999
E. None


9. The Reserve Bank is empowered to issue directive to the banking companies to determine the policy in relation to advances to be followed by them. these Directives may relate to
A. The margins to be maintained in respect of secured advances
B. The maximum amount of advances to any borrower
C. Either A) or B)
D. Both A) and B)
E. None


10. Co-operative Banks in India Finance Rural areas under
A. Cattle and milk
B. Farming
C. Hatchery and personal Finance
D. All of the above
E. None


11. The First among the private sector banks in Kerala to become a scheduled bank in 1946 under RBI Act was
A. South Indian Bank
B. Canara bank
C. State bank of Travancore
D. None of these
E. All of the above



12. Which bank was not set up during 1906 and 1913 ?
A. Bank of Baroda
B. Central bank of India
C. Bank of Mysore
D. Bank of Madras
E. None


13. India’s Oldest ,Largest and Most Successful Commercial Bank ,offering the widest possible range of domestic, international and NRI Products and services ,through its vast network in India and overseas is
A. Allahabad bank
B. Bank of India
C. State bank of India
D. Punjab National Bank
E. None


14. When the credit guarantee corporation was created ?
A. 1971
B. 1973
C. 1980
D. 1982
E. None


15. Regional rural banks were created in
A. 1968
B. 1970
C. 1975
D. 1980
E. None


16. When did the Nationalisation of seven Banks with deposits over 200 crore take place ?
A. 1975
B. 1980
C. 1982
D. 1985
E. None


17. Which committee worked for the liberalisation of the banking practices?
A. M Narasimham committee
B. Y Sabarwal Committee
C. S Ramanujam Committee
D. V Chellaiah Commitee
E. None


18. The State Bank of India is India’s Largest Commercial Bank and is Ranked one of the top
A. 10 banks of the world
B. 20 banks of the world
C. 5 banks of the world
D. 3 banks of the world
E. None


19. Till 1980, approximately what percent of the banking segment in India were under government ownership ?
A. 60%
B. 70%
C. 80%
D. 90%
E. None


20. Magnetic Strips in Credit cards were used for the first time in
A. 1960
B. 1970
C. 1975
D. 1980
E. None