Indian Economics MCQ (GK Set-1) with Answers

Indian Economics MCQ (GK Set-1) with Answers

326) The Bank of Calcutta, Bank of Bombay and Bank of Madras were merged in 1921 to form

Answer is:

Imperial Bank of India

327) When was the Reserve Bank of India established?

Answer is:

1935

328) When was the Imperial Bank of India nationalized to form the State Bank of India?

Answer is:

1955

329) The Reserve Bank of India was nationalized in?

Answer is:

1948

330) What is a Bank which has capital and reserves of over Rs. 5 lakhs called?

Answer is:

Scheduled Bank

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