- The first bank setup in India in 1770 was-
(a) State Bank of India
(b) Qudh Bank
(c) Punjab & Sindh Bank
(d) Bank of Hindustan.
Ans. (d) Bank of Hindustan. - ________ was the first bank in Assam setup in 1926.
(a) Apex Bank
(b) Pragjyotish Gaoliya Bank
(c) Gauhati Bank
(d) None of these
Ans. (c) Gauhati Bank - The Central Bank of India is
(b) Reserve Bank of India
(d) United Bank of India
(a) State Bank of India
(c) Union Bank of India
Ans. (b) Reserve Bank of India - Reserve Bank of India was set up in-
(a) 1932
(b) 1934
(c) 1935
(d) 1938
Ans. (c) 1935 - The Headquarters of Reserve Bank of India is in-
(a) Lucknow
(b) Mumbai
(c) New Delhi
(d) Kolkata
Ans. (b) Mumbai - IDBI was steup in-
(a) 1964
(b) 1965
(c) 1968
(d)1984
Ans. (a) 1964 - The Headquarterss of NABARB is in-
(a) Mumbai
(c) Kolkata
(b) Lucknow
(d) New Delhi
Ans. (a) Mumbai - Which one of the following is an agricultural bank?
(a) NABARD
(b) RBI
(c) SBI
(d) IDBI
Ans. (a) NABARD
What is the first stage in the evolution of money
Ans. Barter System is the first slage in the eyolution of money.
10. What is the second stage in the evolution of money?
Ans. Animals were used in the second stage in the evolution of money
11. What is the third stage in the evolution of money?
Ans. The third stage in the evolution of money in metallie stundard such as gold and silver were used.
12. What is the fourth stage in the evolution of m9ney?
Ans. The fourth stage in the evolution of money is dhe coinage where gold and silver coins were used.
13. Who was Geoffrey Crowther?
Ans. Geoffrey Crowther was a monetary economist.
14. Name the first bank of India,
Ans: The first bank of India was Bank of Hindustan.
15. When was the first bank set up in India?
Ans. The first bank set up in India was in 1770.
16. Name the first bank setup in Assam?
Ans. The first bank of Assam was Gauhati Bank setup in 1926
17. Who used the term ‘Banck’ in place of Monte?
Ans. The Germans used the term ‘Banck’ in place of Monte.
18. Which is the world’s oldest Central Bank?
Ans. The Riksbank of Swedan is the world’s oldest Central Bank
19. Where is the world’s oldest Central Bank?
Ans. The world’s oldest Central Bank is in Swedan
20. Which bank is called the bankers bank?
Ans. The Central Bank is the bankers Bank
21. Which bank is the financier, advisor and agent to the government?
Ans. The Central Bank is the financier, advisor and agent to the government.
22. When was IDBI set up?
Ans. IDBI was set up in the year 1964,
23. How many RRBS were set up for the first time in 1975?
Ans. Five RRBS were set up for the first time in 1975
24.When was NABARD established?
Ans. NABARD was established in the year 1982
25. When was the Bill to set up SIDBI passed?
Ans. The Bill to set up SIDBI was passed in 1989
