TNPSC - Model Questions for Commerce / Banking

TNPSC - Model Questions for Commerce / Banking 
  1. The bank which has launched Mobile Bank Accounts in association with Vodafone’s m –paisa – HDFC
  2. Bank Minimum money transfer limit through RTGS: 2 Lakhs
  3. Maximum money transfer limit through RTGS: No Limit
  4. Minimum & Maximum money transfer limit through NEFT: No Limit
  5. NABARD was established in – July, 1982
  6. Largest Public sector bank in India – SBI
  7. Largest Private secto bank in India – ICICI Bank
  8. Largest Foreign bank in India – Standard Chartered Bank
  9. First Indian bank to open branch outside India i.e. London in 1946: Bank of India First bank to introduce internet banking: ICICI bank
  10. First bank to introduce mutual fund: State Bank of India
  11. First bank to introduce credit card in India: Central Bank of India
  12. Which cards are known as plastic money – Credit Cards.
  13. Open market operations are carried out by – RBI
  14. Capital market regulator is – SEBI
  15. Largest Commercial bank in India – State Bank of India
  16. The International Bank for Reconstruction and Development (IBRD) is known as – World Bank
  17. First Bank to introduce ATM in India: HSBC in1987, Mumbai
  18. Bank of Baroda has the maximum number of overseas branches
  19. SBI holds the second position with maximum number of overseas branches
  20. First bank established in India: Bank of Hindustan in 1770
  21. Second bank: General Bank of India, 1786
  22. Oldest bank in India originated in the Bank of Calcutta in June 1806 which was still in existence – State Bank of India
  23. State Bank of India merged with three banks namely Bank of Bengal, Bank of Bombay and Bank of Madras in 1921 to form the Imperial bank of India which was converted as State Bank of India
  24. First Indian bank got ISO: Canara Bank
  25. First India bank started solely with Indian capital investment is PNB (Punjab National Bank) 
  26. Founder of Punjab National Bank is Lala Lajpat Rai
  27. Reserve bank of India (RBI) was instituted in 1935
  28. Firstgovernor of RBI: Mr.Osborne Smith
  29. First Indian Governor of RBI: Mr. C D Deshmukh
  30. First bank to introduce savings account in India: Presidency Bank in 1833
  31. First bank to introduce cheque system in India: Bengal Bank in 1833
  32. First Indian Bank to introduce credit card: Ans: Central Bank of India
  33. RBI nationalized in: Ans: 1949
  34. Loans of very small amounts given to low income groups is called:
  35. Ans: Micro Credit
  36. India’s First Financial Archive has been set up at – Kolkata
  37. CRR, SLR, Repo Rate, Reverse Repo rate are decide by RBI
  38. Savings banks interest rates, fixed deposit interest rates, Loan Rates etc. are decided by individual banks
  39. First RRB named Prathama Grameen Bank was started by: Syndicate Bank

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