What Do You Know About Banks?
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.
- 1.
Who is the Chairman of State Bank of India?
- A.
O. P Bhatt
- B.
M. V Nair
- C.
Shika Sharma
- D.
Ramdam Mahesh
Correct Answer
A. O. P BhattExplanation
O. P Bhatt is the correct answer for the Chairman of State Bank of India.Rate this question:
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- 2.
What is the oldest bank in 17th century?
- A.
Bank of England
- B.
Barclays
- C.
Sveriges Riksbank
- D.
Coutts
Correct Answer
C. Sveriges RiksbankExplanation
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.Rate this question:
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- 3.
The oldest merchant bank was established when?
- A.
1580
- B.
1590
- C.
1668
- D.
1690
Correct Answer
B. 1590Explanation
The correct answer is 1590. This means that the oldest merchant bank was established in 1590.Rate this question:
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- 4.
One of these is the name of largest bank in the world.
- A.
Industrial & Commercial Bank of China, China
- B.
China Construction Bank, China
- C.
Agricultural Bank of China, China
- D.
Mitsubishi UFJ Financial, Japan
Correct Answer
A. Industrial & Commercial Bank of China, ChinaExplanation
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.Rate this question:
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- 5.
Industrial & Commercial Bank of China was ranked as...
- A.
First Bank
- B.
Widest Bank
- C.
Largest Bank
- D.
Best Bank
Correct Answer
C. Largest BankExplanation
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.Rate this question:
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- 6.
The World Biggest Bank was founded in the year...
- A.
1981
- B.
1982
- C.
983
- D.
1984
Correct Answer
D. 1984Explanation
The correct answer is 1984. This means that the World Biggest Bank was founded in the year 1984.Rate this question:
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- 7.
Which of these company did Kotak Bank tie up with to make a digital payment?
- A.
Xiaomi
- B.
Samsung
- C.
Lenovo
- D.
Apple
Correct Answer
B. SamsungExplanation
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.Rate this question:
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- 8.
Which is the first bank to use "Bad Bank" strategies?
- A.
Mellon Bank
- B.
Swedish Banking crisis
- C.
Baltic crisis Bank
- D.
Belgium Bank
Correct Answer
A. Mellon BankExplanation
Mellon Bank is the first bank to use "Bad Bank" strategies.Rate this question:
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- 9.
The National Bank of Belgium was established in which year?
- A.
1980
- B.
1820
- C.
1760
- D.
1850
Correct Answer
D. 1850Explanation
The correct answer is 1850. The National Bank of Belgium was established in 1850.Rate this question:
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- 10.
What was the rank of Bank of China in the Four Biggest Banks in China?
- A.
No. 1
- B.
No. 2
- C.
No. 3
- D.
No. 4
Correct Answer
C. No. 3Explanation
The correct answer is No. 3, indicating that Bank of China was ranked third among the four biggest banks in China.Rate this question:
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Current Version
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Mar 18, 2023Quiz Edited by
ProProfs Editorial Team -
Nov 01, 2017Quiz Created by
Cripstwick
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