Which bank had the highest concentrations of operations overseas in 2010?
Answer: A
Bank of Baroda had the highest concentrations of operations with 46 branches, 8 subsidiaries, 3 representative offices and 1 joint venture bank, followed by State Bank of India with 42 branches, 5 subsidiaries, 4 joint ventures and 8 representative offices, and Bank of India with 24 branches, 3 subsidiaries, 1 joint venture bank and 5 representative offices.
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Which among the following is not a public sector bank?
Answer: B
The City Union Bank is a private sector bank. The bank 'The Kumbakonam Bank Limited', as it was called then, was organized as a limited company on the 31st of October, 1904. In the beginning it was a regional bank but steadily built for itself a place in the Delta District of Thanjavur.
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When did the banking crisis of 1913-1917 end?
Answer: B
The banking crisis of 1913-1917 and the failure of 588 banks in various states during the decade ended in 1949. It underlined the need for the regulation and coordination of commercial banks.
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Which among the following is incorrect?
Answer: D
The Reserve Bank of India, as the central bank of the country, regulates the flow of credit.
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Which one of the following is the special drawing rights given by the International Monetary Fund to its member countries?
Answer: C
It is an accounting entry. It is used only among governments and IMF for balance of payment settlements.
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Which one of the following is known as the recession occurring two times with a small gap in between?
Answer: C
A "double-dip recession" is also referred to as a "W-shaped" recession.
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When was Triton Insurance Company Ltd established?
Answer: B
The first General Insurance Company in India was Triton Insurance Company Ltd. It was set up under the control of British.
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At present how many public sector banks are working in India?
Answer: D
There are 21 public sector banks are working in India.
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When did the Government of India appoint a committee under the chairmanship of Shri M.Narasimham to strengthen the banking system?
Answer: C
In December, 1997, the Government of India appointed a committee under the chairmanship of Shri M.Narasimham to strengthen the banking system which submitted its report in April, 1998. The government accepted some of its recommendations, viz. prudential accounting norms, and classification of government-guaranteed advances.
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Which of the following is not a part of India's Money Market?
Answer: D
The Money market in India is the money market for short-term and long-term funds with maturity ranging from overnight to one year in India including financial instruments that are deemed to be close substitutes of money.
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