Banking awareness structure of banking in India part 1

Banking awareness structure of banking in India part 1

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Banking Awareness: Structure of Banking in India Part-1

1. What is the share of the Foreign Banks in the branch network in India?
Less than 1 %
Around 6%
Around 5%
Around 3%


2. Nainital Bank is a subsidiary of which of the following banks?
Bank of Baroda
Allahabad Bank
Bank of India
Union Bank


3. Which of the following bodies regulates the Regional Rural Banks?
NABARD
RBI
State Government
Department of Rural Development


4. For the regional rural banks, which among the following is the correct share of Central, State and
50%, 35%, 15%
50%, 40%, 10%
40%, 50%, 10%
50%, 15%, 35%


5. In which year, Cooperative Societies Act was enacted?
1910
1912
1914
1911


6. The owners of the cooperative bank are also its __:
Debtors
Customers
Creditors
All of above


7. Which of the following rural cooperatives in India work at village or grassroots level?
District Central Cooperative Banks
State Cooperative Banks
Primary Agricultural Credit Societies
Primary Cooperative Agriculture and Rural Development Banks (PCARDBS)


8. In the constitution of India, ‘Cooperatives’ come under which among the following in the seventh schedule?
Union List
Concurrent List
State List
None of them


9. In which country, the Unit Banking System originated?
France
United States
Spain
United Kingdom


10. Bank branches are established under which section of Banking Regulations Act, 1949?
Section 10
Section 20
Section 23
Section 22