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Bank quiz question and answers for Bank exams


Which is the apex bank or central bank in India?

Reserve Bank of India (RBI).

When did Reserve Bank of India come into existence?

April 1, 1935

Upon which commission’s recommendations RBI was setup?

Hilton and Young Commission

In which year Hilton and Young Commission submitted its report?

1926

Where was the head office of Reserve Bank of India when it came to existence?

Kolkata, Bengal

In which year Reserve Bank of India was Nationalised?

1949

In which year Banking Regulation Act was passed?

1949

Which was the first bank to be setup in India?

General Bank of India in 1786

Which were the banks being established under the charter of British East India Company?

Bank of Bengal
Bank of Bombay
Bank of Madras

Bank of Bengal, Bank of Madras, Bank of Bombay was also known as?

Presidency Banks

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