Banking Jobs IBPS Questions

Apr 15, 2012

Banking Awareness Questions

25) Consider the following statements? A. State Bank of Hyderabad was constituted as Hyderabad State Bank on 08.08.1941 under Hyderabad State Bank Act, 1941. In 1956, the Bank was taken over by Reserve Bank of India as its first subsidiary and its name was changed from Hyderabad State Bank to State Bank of Hyderabad. The Bank became a subsidiary of State Bank of India on the 1st October 1959 and is now the largest Associate Bank of State Bank of India. B. State Bank of Bikaner and Jaipur was established in 1963 after amalgamation of erstwhile State Bank of Jaipur (established in 1943) with State Bank of Bikaner (established in 1944) as a subsidiary of SBI. C. State Bank of Mysore was established in the year 1913 as Bank of Mysore Ltd. under the patronage of the erstwhile Govt. of Mysore, at the instance of the banking committee headed by the great Engineer, Late Dr. Sir M.Visvesvaraya. Subsequently, in March 1960,the Bank became an Associate of State Bank of India. D. 'Patiala State Bank' was christened as the Bank of Patiala and was became a subsidiary of the State Bank of India on 1st April,1960 when it was named as the State Bank of Patiala E. State Bank of Travancore (SBT) was originally established as Travancore Bank Ltd. in 1945 sponsored by the erstwhile princely state of Travancore. Under a special statute of the Indian Parliament (SBI subsidiary Banks Act 1959) it was made an Associate of the SBI. Which of the statements given above is/are correct? a) A & B only b) B & C only c) C & D only d) A, B & C only e) All are correct banking awareness questions 26) Which among the following acquired the RBI's stake in SBI in 2007? a) IDBI Bank b) ICICI Bank c) Government of India d) Life Insurance Corporation e) None 27) SBI Card is a joint venture between State Bank of India and a) Standard Chartered? b) Hongkong and Shanghai Banking Corporation(HSBC) c) ABN Amro Bank d) BNP Paribas e) GE Capital 28) The Commercial Bank of India LLC, Moscow, a 60:40 joint venture of the State Bank of India and? a) Punjab National Bank b) Corporation Bank c) Bank of India d) Canara Bank e) Central Bank of India 29) SBI day is observed on? a) January 1 b) April 1 c) July 1 d) August 1 e) None 30) The Net Profit of State Bank of India for the period 2010-2011? a) 9166.05 crores b) 8264.52 crores c) 8500 crores d) 9100 crores e) None
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