INTRODUCTION TO BANKING

Banking companies act __________

• 1948

• `1949

• 1947

• 1945

When was banking orginated in India?

• 14th Century

• 19th Century

• 18 th Century

• 13 th Cenrtury

Which Bank started first in India?

• Bank of Bengal

• Bank of Calcutta

• Bank of Hindustan

• The General Bank

The word BANK derived from __________word

• Greek

• Sanskrit

• English

• German

when banker lends a loan to customer the banker becomes ___________

• Debtor

• Creditor

The banker should protect the valuables in his custody with reasonable care. If the customer suffered any loss due to the negligence of the banker in protecting the valuables, banker is liable to pay such loss. In this type of relationship Customer called as___________.

• Bailor

• Bailee

Purchasing / selling of securities,Collection of income,

Making payments as instructed by his customers.In this tye of relationship Banker called as_______.

• AGENT

• PRINCIPAL

Which is the oldest bank is still in existence in India?

• Bank of India

• State Bank of India

• Canara Bank

• Indian Bank