Ultimate Knowledge Test About Banks! Trivia Quiz

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Quizzes Created: 7 | Total Attempts: 13,995
| Attempts: 536
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  • 1/10 Questions

    Which one of these is a public sector bank?

    • Union Bank
    • City Union Bank
    • Karur Vysya Bank
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About This Quiz

What we have here is the ultimate knowledge test about banks. In the world today, people do not go around carrying cash; they opt to carry out transactions using credit or debit cards. This is because banks are the safest place that one can put their money. If you want a career in banking in India, this quiz will come in handy.

Ultimate Knowledge Test About Banks! Trivia Quiz - Quiz

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  • 2. 

    Chanda Kochhar is the CEO of...

    • ICICI Bank

    • Axis Bank

    • IOB

    Correct Answer
    A. ICICI Bank
    Explanation
    Chanda Kochhar is the CEO of ICICI Bank.

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  • 3. 

    Recently, which central bank bought gold from IMF?

    • People's Bank of China

    • Reserve Bank of India

    • Bank of Indonesia

    Correct Answer
    A. Reserve Bank of India
    Explanation
    The Reserve Bank of India recently bought gold from the IMF. This indicates that the central bank is diversifying its reserves and increasing its gold holdings. Buying gold can be seen as a strategic move to hedge against inflation, safeguard against currency fluctuations, and strengthen the country's financial stability.

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  • 4. 

    The RBI headquarters is in...

    • New Delhi

    • Mumbai

    • Bangalore

    Correct Answer
    A. Mumbai
    Explanation
    The Reserve Bank of India (RBI) headquarters is located in Mumbai. Mumbai is the financial capital of India and houses several major banks and financial institutions. Being the headquarters of RBI, Mumbai serves as the central hub for the country's monetary policies, banking regulations, and financial stability. The presence of RBI in Mumbai also facilitates efficient coordination and communication with other financial institutions and government bodies located in the city.

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  • 5. 

    Who is the Chairman of the State Bank of India?

    • M.V. Nair

    • O.P. Bhatt

    • Shika Sharma

    Correct Answer
    A. O.P. Bhatt
    Explanation
    O.P. Bhatt is the correct answer because he served as the Chairman of the State Bank of India. He held this position from 2006 to 2011 and played a significant role in the growth and development of the bank during his tenure.

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  • 6. 

    Who is the Governor of RBI?

    • Dr Bimal Jalan

    • Dr YV Reddy

    • Dr Subbarao

    Correct Answer
    A. Dr Subbarao
    Explanation
    Dr Subbarao is the correct answer because he served as the Governor of the Reserve Bank of India (RBI) from 2008 to 2013. During his tenure, he played a crucial role in managing the Indian economy during the global financial crisis. He implemented various measures to stabilize the economy and ensure financial stability. Dr Subbarao's tenure as the Governor of RBI is widely recognized for his prudent monetary policies and efforts to strengthen the banking sector.

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  • 7. 

    IndusInd Bank was promoted by...

    • Ambani

    • Kothari

    • Hinduja

    Correct Answer
    A. Hinduja
    Explanation
    IndusInd Bank was promoted by the Hinduja group.

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  • 8. 

    PJ Nayak was the Chairman of...

    • Axis Bank

    • ICICI Bank

    • Kotak Mahindra Bank

    Correct Answer
    A. Axis Bank
    Explanation
    PJ Nayak was the Chairman of Axis Bank.

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  • 9. 

    .... is the first company in the Indian banking history to convert to a bank

    • Kotak Mahindra Finance

    • ICICI Group

    • Yes Bank

    Correct Answer
    A. Kotak Mahindra Finance
    Explanation
    Kotak Mahindra Finance is the correct answer because it was the first company in Indian banking history to convert to a bank. This means that Kotak Mahindra Finance, which was originally a non-banking financial company, successfully transformed itself into a bank. This achievement makes it a significant milestone in the Indian banking industry.

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  • 10. 

    .....bank is governed by the Ministry of Home Affairs.

    • Repco Bank

    • IndusInd Bank

    • IDBI

    Correct Answer
    A. Repco Bank
    Explanation
    Repco Bank is the correct answer because it is the only bank among the options that is governed by the Ministry of Home Affairs. The Ministry of Home Affairs is responsible for the internal security and domestic policy of the country, and it oversees certain banks that are specifically designated to cater to the needs of the employees of the Home Ministry and other related departments.

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  • Current Version
  • Mar 21, 2023
    Quiz Edited by
    ProProfs Editorial Team
  • Apr 14, 2010
    Quiz Created by
    Walletwatch
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