1. What is bank?
Ans. Bank is financial institution which accepts deposits from the public for the purpose of lending.
2. Types of banks?
Ans. Nationalized banks
Private Banks
Foreign banks
Regional rural banks
Co-operative banks
Industrial banks etc..,
3. What is a nationalized bank?
Ans. Banks which are owned and run by government of India are called as nationalized banks.
Example: Canara bank, syndicate bank, Vijaya bank, etc..,
There are total 20 nationalized banks.
State bank of India has got 7 subsidiaries they are:
State bank of Hyderabad,
State bank of Mysore,
State bank of Travancore,
State bank of Indore,
State bank of Sourashtra,
State bank of Bikaner,
state bank of Jaipur.
4. When banks are nationalized?
Ans. In 1969 : 14 banks were nationalized.
In 1980: 6 banks were nationalized.
5. What is a Private bank?
Ans. Banks which are owned and run by individuals are called private banks.
Example: karnataka bank, karurvysya bank, lakshmivilas bank etc..,
6. What are foreign banks?
Ans. Banks which are foreign originated [based] are called foreign banks
Example: Citi bank, YES bank etc..,
7. What is RBI [Reserve Bank of India], when it is established and what are its functions?
Ans: RBI established in 1935, its head office in Mumbai. Present Governor of RBI “ D. Subba Rao”.
Its functions:
1. Issues currency notes
2. Acts as bankers bank
3. Maintains foreign exchange reserves
4. Maintains CRR and SLR3
RBI is also called as "bankers bank", because all banks will have a/c's with RBI. It provides
funds to all banks hence it is called as BANKERS BANK.
8. What is RRB'S (regional rural banks)?
Ans. Main purpose of RRBs is to improve banking habit in rural areas and save formers from money lenders.RRBs works under supervision of NABARD (National Bank for Agriculture and Rural Development).NABARD head office is at MUMBAI.
Example of RRB'S: Pragathi grameena bank, Rayalaseema grameena bank etc.
Every grameena bank is soponsered by a nationalised bank.
Example: Pragathi grameena bank is sponsored by "Canara bank".
Share capital in RRB’s:
Central government: 50%
Sponsored bank: 35%
State government: 15%
9.What are co-operative banks?
Ans. The main purpose of co-operative banks is to co-operate small scale industries, and to provide small loans.
Example: Bellary dist co-op bank etc.
10. What are industrial banks?
Ans. The main purpose of industrial banks is to provide big loans to large scale industries.
Examples: IDBI bank, Industrial bank of India etc..,
Ans. Bank is financial institution which accepts deposits from the public for the purpose of lending.
2. Types of banks?
Ans. Nationalized banks
Private Banks
Foreign banks
Regional rural banks
Co-operative banks
Industrial banks etc..,
3. What is a nationalized bank?
Ans. Banks which are owned and run by government of India are called as nationalized banks.
Example: Canara bank, syndicate bank, Vijaya bank, etc..,
There are total 20 nationalized banks.
State bank of India has got 7 subsidiaries they are:
State bank of Hyderabad,
State bank of Mysore,
State bank of Travancore,
State bank of Indore,
State bank of Sourashtra,
State bank of Bikaner,
state bank of Jaipur.
4. When banks are nationalized?
Ans. In 1969 : 14 banks were nationalized.
In 1980: 6 banks were nationalized.
5. What is a Private bank?
Ans. Banks which are owned and run by individuals are called private banks.
Example: karnataka bank, karurvysya bank, lakshmivilas bank etc..,
6. What are foreign banks?
Ans. Banks which are foreign originated [based] are called foreign banks
Example: Citi bank, YES bank etc..,
7. What is RBI [Reserve Bank of India], when it is established and what are its functions?
Ans: RBI established in 1935, its head office in Mumbai. Present Governor of RBI “ D. Subba Rao”.
Its functions:
1. Issues currency notes
2. Acts as bankers bank
3. Maintains foreign exchange reserves
4. Maintains CRR and SLR3
RBI is also called as "bankers bank", because all banks will have a/c's with RBI. It provides
funds to all banks hence it is called as BANKERS BANK.
8. What is RRB'S (regional rural banks)?
Ans. Main purpose of RRBs is to improve banking habit in rural areas and save formers from money lenders.RRBs works under supervision of NABARD (National Bank for Agriculture and Rural Development).NABARD head office is at MUMBAI.
Example of RRB'S: Pragathi grameena bank, Rayalaseema grameena bank etc.
Every grameena bank is soponsered by a nationalised bank.
Example: Pragathi grameena bank is sponsored by "Canara bank".
Share capital in RRB’s:
Central government: 50%
Sponsored bank: 35%
State government: 15%
9.What are co-operative banks?
Ans. The main purpose of co-operative banks is to co-operate small scale industries, and to provide small loans.
Example: Bellary dist co-op bank etc.
10. What are industrial banks?
Ans. The main purpose of industrial banks is to provide big loans to large scale industries.
Examples: IDBI bank, Industrial bank of India etc..,
The middle part of your article is very wonderful and writing sense is so pure. You have good knowledge about the writing sense and http://www.interview-qa.com/bank-interview-questions-and-answers/ website provide excellent service about interview.
ReplyDeleteGood post, Official report in which brief purposes of enthusiasm of any get-together, suggestion or issue are formed. It should not long as an interesting report and this http://www.bestresumewritingservices.net/best-linkedin-profile-writing-services-2018/ site is too informative. While forming it a man should be attentive about its length.Thanks
ReplyDeleteThis comment has been removed by the author.
ReplyDeleteThis blog is about the formation of an imperative town for sparing the plants. So this could be a scholarly kind blog for the read here. Perusers will likewise appreciate this blog. So for every one of these reasons we should share and advance this blog ith the general population who are intrigued.
ReplyDelete