Banking Awareness Questions :: IBPS PO Clerks Set 27 Question And Answers

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6. _________ banks are nationalized in the year 1969 ?

A. 16 B. 14
C. 12 D. 10
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7. Which of the following Acts has specially been launched to facilitate banks in recovery of bad loans ?

A. RBI Act B. SARFAESI Act
C. Income Tax Act D. Banking Regulation Act
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8. How many banks were nationalized by Indira Gandhi in the year 1980 ?

A. 20 B. 25
C. 6 D. 21
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9. Which among the following banks not nationalized in the year 1980 ?

A. Andhra Bank B. Canara Bank
C. Vijaya Bank D. Oriental Bank of Commerce
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10. Which of the following is the Largest Nationalized bank in India ?

A. Bank of India B. ICICI
C. Oriental Bank of Commerce D. Punjab National Bank
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11. Reserve Bank of India Act passed in ___________

A. 2001 B. 1991
C. 1934 D. 1949
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12. Reserve Bank of India formed on the recommendations of _________ as it submitted report in 1926 ?

A. Keynes Commission B. Royal Commission on Indian Currency and Finance
C. Tandon Commission D. Kelkar Committee
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13. Banking Regulation Act passed in _________

A. 1951 B. 1949
C. 1991 D. 2001
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14. As we know, a lot of new concepts are being used in the field of banking these days, which of the following is NOT one such concept / product directly associated with banks ?

A. RTGs B. Number Portability
C. ATM / Debit Card D. Demat Account
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15. The history brief line of RBI given. Pick the correct one?

A. Established in 1935 at Kolkata B. Nationalized in 1949
C. Co-operative banks come under the regulation of RBI D. All of these
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