Important Banking AwarenessImportant Banking Awareness

FIRST BANKS:- First India bank Got ISO : Canara Bank First Governor of RBI : Mr. Osborne Smith First Indian governor of RBI : Mr. C D Deshmukh First Bank to Introduce ATM in India : HSBC First Bank to introduce savings : Presidency bank in 1833 First Bank to Introduce Cheque system : Bengal Bank 1784 First Bank to introduce Internet Banking: ICICI BANK First Bank to introduce Mutual Fund : State Bank of India First Bank to introduce Credit Card : Central Bank of India First Foreign Bank in India : Comptoire dEscompte de Paris of France in 1860 First Bank Set Up in India : Bank of Hindustan in 1770 First Joint Stock Bank of British India : State Bank of India First Joint Stock Bank of India : Allahabad Bank First Bank that is oldest Public Bank in India : Allahabad Bank First national bank that is merged with Punjab National Bank : New Bank of India in 1993 First Indian bank to open branch outside India in London in 1946 : Bank of India First Indian Bank started with Indian capital / indigenous Bank of India : Punjab National Bank First Regional Rural Bank name Prathama Grameen Bank - Was started by : Syndicate Bank First Bank to launch branch in foreign was "Bank of India" in 1946 in London UK. First bank to Introduce Credit card in India was Central Bank of India With "Central Card" 1980. First Bank to introduce Debit Card in India was Citi Bank In Bangalore in 1987BANKING GK:- 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 The Postal Dept has issued a commemorative stamp in the name of this bank celebrating 100 years in 2011 -- Central Bank of India 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 nationalized banks took place between -- Punjab National Bank and New Bank of India in 1993 The bank whose brand equity is "Pygmy Deposit Scheme" -- Syndicate Bank The bank which was conceived by Shri GD Birla -- UCO Bank The bank which was inaugurated by Mahatma Gandhi in 1919 -- Union Bank of India The largest among nationalized banks -- Punjab National Bank The bank established in the year 1913 as Bank of Mysore Ltd. at the instance of the banking committee headed by the great Engineer - Statesman, Late Dr. Sir M.Visvesvaraya -- State Bank of MysoreBANKING AWARENESS QUESTION N ANSWERS

1. What is the full form of CORE in Core banking Solution?A. Centralized Online Realtime Exchange.2. Which is the most safest card among Visa card, Master card and Maestro Card?A. Maestro Card3. Which bank launched the Rupay card for the first time?A. Bank of India4. What is the currency name of IMF?A. SDR (Special Drawing Rights)5. Expand FATF and what does it mean?A. FATF: Financial Action Task Force, it is used to put a hold on money supply to terrorist.6. What is the initial capital requirement of any Public sector company to register in SEBI?A. Five Lacs7. What is the full form of FII?A. Foreign Institutional Investor.8. What is Term Money?A. Money which is borrowed from one bank to another for more than 14 days.9. G-20 meeting in 2014 is going to held in which country?A. Brisbane, Australia.10. How many member does Organisation of Petroleum Exporting Countries (OPEC) has?A. Twelve Members.11. Which committee recommended NABARD and when was NABARD established?A. NABARD is recommended by Shiv Raman Committee and is established in 1982.12. Who is also known as Banker for the Bank?A. RBI.13. Which scheme is related to Financial Inclusion?A. Swabhiman Scheme.14. Who is the Chairperson of National Advisory Council (NAC)?A. Sonia Gandhi.15. Name the central Bank of United States of America?A. Federal Reserve.16. What is the minimum and maximum fund transfer limit in National Electronic Fund Transfer (NEFT)?A. Their is no such limit of money transfer in NEFT.17. Which company rolls out with first White Label ATM?A. Tata Communications Payment Solutions Ltd.18. Expand MGNREGA and what is it meant for?A. Mahatma Gandhi National Rural Employment Guarantee Act (MNREGA), this scheme is meant for job guarantee to rural Indians.

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