Important One Liner Question on Banking | DOWNLOAD PDF

The oldest Joint Stock Bank of India- Allahabad Bank

The bank founded by Freedom Fighter Dr. Bhogaraju Pattabhi Sitaramayya- Andhra Bank.

First bank to open a branch outside India- Bank of India, London, 1946

The first bank to be given an ISO 9002 certificate for one of its branches- Canara Bank

First Indian Bank to be wholly owned by Indians -Central Bank of India

The bank formed on the efforts of Lala Lajpat Rai-
Punjab National Bank.

The only merger of nationalised banks took place between-
Punjab National Bank and New Bank of India in 1993.

The bank which was inaugrated by -Mahatma Gandhi in 1919 -Union Bank of India

The largest among nationalised banks -Punjab National Bank.

The Reserve Bank of India was set up on the basis of the recommendations of- the Hilton Young Commission

Reserve Bank of India started its operations on
-01 Apr 1935

Reserve Bank was nationalised in 1949.

The first Governor of Reserve Bank of India was
-Sir Osborne Smith

The first Indian Governor of Reserve Bank of India was
-Shri CD Deshmukh

The two Governors who have later held the post of the finance minister of India are-
Shri CD Deshmukh & Dr. Manmohan Singh.

RBI can issue notes upto the value of -Rs. 10,000/