Banking System and Capital Market :

1. The first Bank established in India was…….

Ans : Bank of Hindustan

2. What is the animal on the insignia of the RBI ?

Ans : Panther

3. The best way, a bank can avoid loss is to ………..

Ans : lend only to individuals known to the bank

4. The system of value added taxation is applicable to ……

Ans : excise duties

5. The number of Banks nationalized since 1969 is …………

Ans : 20

6. The largest Public Sector Bank in India is ………..

Ans : State Bank of India

7. When was the RBI taken over by the Government?

Ans : 1948

8. EXIM Bank was set-up in ………..

Ans : 1982

9. In India, the bank NABARD does not provide refinance to…………

Ans : Export-Import Banks

10. Which is called a ‘banker’s cheque’ ?

Ans : Demand draft