Tag: history

Questions Related to history

Prior to nationalization, there was a concentration of banks in urban areas.

  1. True

  2. False


Correct Option: A

Until nationalization all major banks were controlled by one or more business houses.

  1. True

  2. False


Correct Option: A

Prior to nationalization of banks in 1969 banks did not lend according to social needs.

  1. True

  2. False


Correct Option: A

Agriculture accounted for ___ % of advances of banks just before nationalization.

  1. 2.2%

  2. 4.4%

  3. 6.6%

  4. 8.8%


Correct Option: A

Apart from neglecting agricultural sector, commercial banks prior to nationalization neglected export and small scale industries.

  1. True

  2. False


Correct Option: A

Which of the following is Apex Bank for agricultural credit in India?

  1. RBI

  2. SIDBI

  3. ICICI

  4. NABARD


Correct Option: D

Which one is not the objective of Nationalisation of banks?

  1. Removal of control of Banks by few

  2. Generation of more revenue

  3. Managing Banks professionally

  4. Provision of adequate credit for Agriculture and SSI units


Correct Option: B

The full form of ICICI is :

  1. Investment Credit and Industrial Corporation of India

  2. Indian Credit and Investment Corporation of India

  3. Industrial Credit and Investment Corporation of India

  4. International Credit and Investment Corporation of India.


Correct Option: C