Multiple Choice

Cooperative Banks that fall under the banking regulation act 1949 are controlled by

• NABARD

• National Cooperative Union of India

• Reserve Bank of India

• SBI

Which type of banking system focuses on expansion through branches?

• Internet Banking

• Unit Banking

• Branch Banking

• Consumer Banking

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

• Bank of India

• State Bank of India

• Canara Bank

• Indian Bank

7. A cheque dated subsequent to the date of its issue is called as

• Anti dated cheque

• Post dated cheque

• Crossed cheque

• Stale cheque

When did RBI start working ?

• 1 Jan 1934

• 1 Jan 1935

• 1 April 1935

• 31 March 1934

Which of the following is not a financial institution?

• A bank

• A building society

• An insurance company

• The government

When did the first phase of nationalisation of commercial banks take place?

• 1949

• 1951

• 1991

• 1998

Components of Indian Financial Systems are

• Financial Institutions

• Financial Markets

• Financial Instruments

• All