1. Which was the first bank in India?
a) General Bank of India
b) Bank of Bengal
c) Bank of Bombay
Wrong! Try again.
Wrong!
The correct answer is General Bank of India .
The General Bank of India set up in 1786. This was followed by Bank of Hindustan and Bengal Bank. The East India Company established Bank of Bengal in 1809, Bank of Bombay in 1840 and Bank of Madras in 1843 as independent units and called it Presidency Banks.
Correct!
The General Bank of India set up in 1786. This was followed by Bank of Hindustan and Bengal Bank. The East India Company established Bank of Bengal in 1809, Bank of Bombay in 1840 and Bank of Madras in 1843 as independent units and called it Presidency Banks.
2. Which is the largest bank in India?
a) State Bank of India [Get Quote]
b) ICICI Bank [Get Quote]
c) HDFC Bank [Get Quote]
Wrong! Try again.
Wrong!
The correct answer is State Bank of India .
State Bank of India is the largest bank in India. In terms of number of branch offices and employees, SBI is the largest bank in the world. It was established in 1806, as Bank of Bengal. The State Bank of India was nationalised in July 1955 under the SBI Act of 1955. With more than 9400 branches and over 4000 associate bank branches, the SBI has an extensive coverage. The bank has the largest ATM network with more than 5600 ATMs. SBI made it to the Fortune 500 list in 2006.
Correct!
State Bank of India is the largest bank in India. In terms of number of branch offices and employees, SBI is the largest bank in the world. It was established in 1806, as Bank of Bengal. The State Bank of India was nationalised in July 1955 under the SBI Act of 1955. With more than 9400 branches and over 4000 associate bank branches, the SBI has an extensive coverage. The bank has the largest ATM network with more than 5600 ATMs. SBI made it to the Fortune 500 list in 2006.
3. First Indian bank [Get Quote] to open a branch outside India?
a) Central Bank of India
b) State Bank of India
c) Bank of India
Wrong! Try again.
Wrong!
The correct answer is Bank of India.
The Bank of India was the first Indian bank to open a branch outside India in London in 1946. It was also the first to open a branch in Paris in 1974. Bank of India was founded on 7th September, 1906 by a group of businessmen from Mumbai. The Bank was under private ownership and control till July 1969 after which it was nationalised along with 13 other banks.
Correct!
The Bank of India was the first Indian bank to open a branch outside India in London in 1946. It was also the first to open a branch in Paris in 1974. Bank of India was founded on 7th September, 1906 by a group of businessmen from Mumbai. The Bank was under private ownership and control till July 1969 after which it was nationalised along with 13 other banks.
4. Which was the first bank to introduce ATMs in India?
a) HSBC
b) SBI
c) ICICI Bank
Wrong! Try again.
Wrong!
The correct answer is HSBC .
The first bank to introduce Automatic Teller Machines (ATMs) in India was the Hongkong and Shanghai Banking Corporation (HSBC) in 1987. HSBC was founded in 1865 to serve the merchants of the China coast and finance trade between China, Europe and the United States. HSBC's origins in India date back to 1853, when the Mercantile Bank of India was established in Mumbai. In 1959, the Mercantile Bank of India was acquired by The Hongkong and Shanghai Banking Corporation (HSBC) and the head office was set up in Bombay (Mumbai).
Correct!
The first bank to introduce Automatic Teller Machines (ATMs) in India was the Hongkong and Shanghai Banking Corporation (HSBC) in 1987. HSBC was founded in 1865 to serve the merchants of the China coast and finance trade between China, Europe and the United States. HSBC's origins in India date back to 1853, when the Mercantile Bank of India was established in Mumbai. In 1959, the Mercantile Bank of India was acquired by The Hongkong and Shanghai Banking Corporation (HSBC) and the head office was set up in Bombay (Mumbai).
5. First bank in India to be get ISO certification?
a) State Bank of India
b) HDFC Bank
c) Canara Bank [Get Quote]
Wrong! Try again..
Wrong!
The correct answer is Canara Bank.
Founded in 1906, the Canara bank was the first to launch networked ATMs in India and receive an ISO Certification. It has a network of 2508 branches across India. It was founded as 'Canara Bank Hindu Permanent Fund' in 1906, by late Sri Ammembal Subba Rao Pai, a philanthropist. It became Canara Bank in 1969 after nationalisation.
Correct!
Founded in 1906, the Canara bank was the first to launch networked ATMs in India and receive an ISO Certification. It has a network of 2508 branches across India. It was founded as 'Canara Bank Hindu Permanent Fund' in 1906, by late Sri Ammembal Subba Rao Pai, a philanthropist. It became Canara Bank in 1969 after nationalisation.
Previous Quizzes
Bicycles
Airbus
Women in the corporate world
Ambassador cars
Pencils
iPod
Paper
More Quizzes
Tell us what you think of this Quiz
Compiled by: Manu A B
Advertisement
Email this Article 
Print this Article