Q: Which is the first bank established in India?
A: Bank of Hindustan (1770)
Q: Which is the first presidency bank in India?
A: Bank of Calcutta (1806)
Q: In which year did the three presidency banks merge to form Imperial Bank of India?
A: 1921
Q: Imperial Bank of India was later renamed as?
A: State Bank of India (SBI)
Q: When was the State Bank of India nationalized?
A: 1955
Q: Which is India’s largest public sector bank?
A: State Bank of India
Q: Which is the first Indian bank to open a branch outside India?
A: Bank of India (London, 1946)
Q: Which was the first bank fully managed by Indians?
A: Punjab National Bank (1894)
Q: Which is India’s first commercial bank?
A: Bank of Hindustan
Q: Which bank was the first to introduce an ATM in India?
A: HSBC (1987, Mumbai)
Q: Which bank is known as the banker’s bank?
A: Reserve Bank of India
Q: Headquarters of RBI is located in?
A: Mumbai
Q: Which section of the RBI Act gives RBI the sole right to issue currency?
A: Section 22
Q: When was RBI established?
A: 1 April 1935
Q: When was RBI nationalized?
A: 1 January 1949
Q: Who signs the ₹1 note in India?
A: Finance Secretary
Q: What is Repo Rate?
A: The rate at which RBI lends to commercial banks.
Q: What is Reverse Repo Rate?
A: The rate at which RBI borrows from commercial banks
Q: Which policy is announced by RBI twice a year?
A: Monetary Policy
Q: In which year were 14 major banks nationalized?
A: 1969
Q: In which year were 6 more banks nationalized?
A: 1980
Q: Total number of public sector banks in India (2025)?
A: 12
Q: Which was the first bank to be nationalized in India?
A: Imperial Bank of India (later SBI)
Q: Which is India’s second-largest public sector bank?
A: Punjab National Bank
Q: Name the first women’s bank in India.
A: Bharatiya Mahila Bank
Q: Bharatiya Mahila Bank merged with which bank in 2017?
A: State Bank of India
Q: Which public sector bank is headquartered in Kolkata?
A: UCO Bank
Q: Headquarters of Punjab National Bank is located in?
A: New Delhi
Q: Headquarters of Bank of Baroda is located in?
A: Vadodara, Gujarat
Q: NABARD stands for?
A: National Bank for Agriculture and Rural Development
Q: NABARD was established in which year?
A: 1982
Q: SEBI stands for?
A: Securities and Exchange Board of India
Q: SEBI was given statutory powers in which year?
A: 1992
Q: IRDAI regulates which sector?
A: Insurance sector
Q: IRDAI stands for?
A: Insurance Regulatory and Development Authority of India
Q: NHB stands for?
A: National Housing Bank
Q: Which organization manages mutual funds in India?
A: AMFI (Association of Mutual Funds in India)
Q: Which body regulates the stock market in India?
A: SEBI
Q: UPI stands for?
A: Unified Payments Interface
Q: UPI was launched in which year?
A: 2016
Q: Which organization developed UPI?
A: NPCI
Q: RTGS stands for?
A: Real-Time Gross Settlement
Q: Which is the first payments bank in India?
A: Airtel Payments Bank
Q: Which bank launched India's first mobile banking service?
A: ICICI Bank
Q: Which company owns the digital wallet Paytm?
A: One97 Communications
Q: Which Indian digital payment platform crossed 500 million users?
A: PhonePe
Q: Which is India’s oldest stock exchange?
A: Bombay Stock Exchange (BSE)
Q: Where is BSE headquarters located?
A: Mumbai
Q: NSE stands for?
A: National Stock Exchange
Q: SENSEX comprises how many companies?
A: 30 companies
Q: NIFTY 50 is managed by which organization?
A: National Stock Exchange (NSE)
Q: SEBI was formed in which year?
A: 1988
Q: Which stock exchange was Asia's first?
A: Bombay Stock Exchange
Q: Who is called the "Big Bull" of Indian stock market?
A: Rakesh Jhunjhunwala
Q: Which city is known as the financial capital of India?
A: Mumbai
Q: India’s first exchange-traded fund (ETF) was on which commodity?
A: Gold
Q: What does KYC stand for?
A: Know Your Customer
Q: What does IFSC stand for?
A: Indian Financial System Code
Q: India’s first digital rupee was launched in which year?
A: 2022
Q: India’s first digital currency is managed by?
A: RBI
Q: Which Indian bank topped Forbes list of World's Best Banks 2024?
A: HDFC Bank
Q: Which is the world’s largest public sector bank by assets?
A: Industrial and Commercial Bank of China (ICBC)
Q: Which Indian state has the maximum number of rural bank branches?
A: Uttar Pradesh
Q: Which Indian bank launched the first green bond?
A: Yes Bank
Q: Which is India’s first universal bank?
A: ICICI Bank
Q: Which bank introduced the first internet banking service in India?
A: ICICI Bank
Q: Which is India’s first small finance bank?
A: Capital Small Finance Bank
Q: Which is India’s first cooperative bank to get a commercial license?
A: Saraswat Bank
Q: The apex body regulating money supply in India is:
A: RBI
Q:Which bank pioneered the concept of mobile wallets in India?
A:Paytm Payments Bank
Q: Which bank is called the Apex Housing Bank of India?
A: NHB
Q: Which body recommends licensing of new banks in India?
A: RBI
Q: Which bank is known as the Banker to Banks?
A: RBI
Q: The full form of NABARD is:
A: National Bank for Agriculture and Rural Development
Q: Which bank regulates Regional Rural Banks?
A: NABARD
Q: NABARD was established in which year?
A: 1982
Q: NHB stands for:
A: National Housing Bank
Q: SIDBI is primarily related to:
A: Small-scale industries
Q: India Post Payments Bank (IPPB) is an initiative of:
A: India Post (Government of India)
Q: Ownership ratio of RRBs is:
A: 50:15:35
Q: The ₹1 note is issued by:
A: Ministry of Finance
Q: RBI issues currency notes except for:
A: ₹1 notes