What Do You Know About Banks?

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| By Cripstwick
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| Attempts: 57 | Questions: 10
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1. One of these is the name of largest bank in the world.

Explanation

The Industrial & Commercial Bank of China is the largest bank in the world based on its total assets. It is a state-owned bank in China and offers a wide range of banking and financial services. With its extensive network and customer base, the Industrial & Commercial Bank of China has established itself as a global leader in the banking industry.

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About This Quiz
What Do You Know About Banks? - Quiz

We save our money in the bank. We know they keep money and study the economy. This test shows you what you don't know about banks.

2. The oldest merchant bank was established when? 

Explanation

The correct answer is 1590. This means that the oldest merchant bank was established in 1590.

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3. Industrial & Commercial Bank of China was ranked as...

Explanation

Industrial & Commercial Bank of China (ICBC) being ranked as the "Largest Bank" is justified because it is the world's largest bank by total assets and market capitalization. With its extensive network and customer base, ICBC has a significant presence in domestic and international markets. Its size and financial strength enable it to provide a wide range of banking services and play a crucial role in the global banking industry.

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4. Which is the first bank to use "Bad Bank" strategies? 

Explanation

Mellon Bank is the first bank to use "Bad Bank" strategies.

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5. Who is the Chairman of State Bank of India? 

Explanation

O. P Bhatt is the correct answer for the Chairman of State Bank of India.

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6. The World Biggest Bank was founded in the year...

Explanation

The correct answer is 1984. This means that the World Biggest Bank was founded in the year 1984.

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7. Which of these company did Kotak Bank tie up with to make a digital payment? 

Explanation

Kotak Bank tied up with Samsung to make a digital payment. This collaboration indicates that Kotak Bank and Samsung have joined forces to develop a digital payment solution, possibly in the form of a mobile payment app or platform. This partnership allows customers to make digital payments using their Samsung devices, enhancing convenience and accessibility for users.

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8. What was the rank of Bank of China in the Four Biggest Banks in China? 

Explanation

The correct answer is No. 3, indicating that Bank of China was ranked third among the four biggest banks in China.

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9. What is the oldest bank in 17th century? 

Explanation

Sveriges Riksbank is the oldest bank in the 17th century. It was established in 1668 in Sweden, making it the oldest central bank in the world. The Bank of England was founded in 1694, which is later than Sveriges Riksbank. Barclays and Coutts, on the other hand, were established in the 18th century and are not as old as Sveriges Riksbank.

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10. The National Bank of Belgium was established in which year? 

Explanation

The correct answer is 1850. The National Bank of Belgium was established in 1850.

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One of these is the name of largest bank in the world.
The oldest merchant bank was established when? 
Industrial & Commercial Bank of China was ranked as...
Which is the first bank to use "Bad Bank" strategies? 
Who is the Chairman of State Bank of India? 
The World Biggest Bank was founded in the year...
Which of these company did Kotak Bank tie up with to make a digital...
What was the rank of Bank of China in the Four Biggest Banks in...
What is the oldest bank in 17th century? 
The National Bank of Belgium was established in which year? 
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