indian banking structure Flashcards

1
Q

who recommended the renaming of sbi

A

AD gorewala committee

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2
Q

the vedic word kusidin means

A

usurer

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3
Q

1st bank to introduce the cheque system in india

A

bank of bengal

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4
Q

how many banks were attached with sbi in 1959 and what were they named as

A

8 ; the assosiate bank of sbi

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5
Q

which assosiate bank of sbi was the largest

A

state bank of hydrabad

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6
Q

in what year the state bank of Bikaner was merged with state bank of Jaipur and what was it renamed as

A

1963 ; state bank of bikaner jaipur

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7
Q

in which year the state bank of saurashtra was merged into sbi

A

2008

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8
Q

in what year the state bank of indore was merged into sbi

A

2010

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9
Q

when was the state bank of bikaner jaipur, state bank of hydrabad state bank of patila, state bank of mysore and state bank of travancore and bharatiya mahila bank were merged

A

1 april 2017

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10
Q

when was bhartiya mahila bank was established

A

2013

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11
Q

how many time indian banks were nationalised

A

2

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12
Q

how many banks were nationalised 1st time in india and with what minimum capital

A

14 banks ; 50cr minimum capital ( nationalised on 19 july 1969)

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13
Q

how many banks were nationlised 2nd time in india and with what minimum capital

A

6 banks ; 200cr minimum capital ( nationalised on 15 april 1980)

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14
Q

when was the new bank of india merged into pnb

A

4 sep 1993

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15
Q

when was vijay bank and dene bank merged into bank of baroda

A

1 april 2019

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16
Q

how many nationalised banks are currently in india (2023)

A

11 banks

17
Q

how many public sector banks are currently in india (2023)

A

12

18
Q

all nationalised banks are public sector banks (t/f)

A

true

19
Q

all public sector banks are nationalised banks t/f why

A

false coz sbi is not nationalised

20
Q

which bank was merged into indian bank

A

Allahabad bank

21
Q

which bank was merged into pnb

A

oriental bank of commerce and united bank of india

22
Q

which bank was merged into canara bank

A

syndicate bank

23
Q

which bank was merged into union bank

A

andhra bank and corporation bank

24
Q

what are 12 public sector banks

A

bbb cc uu ii pp s

25
Q

bank of upper india was established in which year

A

1863

26
Q

what was the origin of world banking system

A

Italy

27
Q

in which year the bank of hindustan liquidated

A

1832

28
Q

what was the 1st bank of india

A

bank of hindustan

29
Q

which is the oldest bank of india aka indias oldest stock joint bank

A

Allahabad bank

30
Q

which is the fisrt indian bank with imited liability

A

oudh commercial bank

31
Q

1st bank purly managed my indians

A

punjab national bank

32
Q

1st indian commercial bank to wholly owned and managed my indians

A

central bank of india

33
Q

indias 1st truly swadeshi bank

A

central bank of india

34
Q

1st indian bank to open a branch outside of india in london

A

bank of india