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Q:

What do you think you will be doing during your first year in investment banking? 

Answer:



Q:

Cash Reserve Ratio ( CRR) and Stautory Liquidity Ratio (SLR ) are terms most closely related to which of the following industries/markets :

A) Mutual Fund B) Income Tax
C) Stock Exchange D) Banking
 
Answer & Explanation Answer: D) Banking

Explanation:
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Filed Under: Bank Interview - Accounting and Finance
Exam Prep: Bank Exams , CAT
Job Role: Bank Clerk , Bank PO

7 31
Q:

 Which is the largest foreign bank in India   ?

A) HDFC Bank B) American Express Bank Ltd
C) DBS Bank Ltd D) Standard Chartered Bank
 
Answer & Explanation Answer: D) Standard Chartered Bank

Explanation:

Standard Chartered Bank 
Standard Chartered Bank have been operating in India since 1858.

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Exam Prep: Bank Exams , CAT
Job Role: Bank Clerk , Bank PO

4 50
Q:

As per the provisions of Section 12 of the Banking Regulation Act, 1949, the minimum ratio between authorized, subscribed and paid-up capital of a banking company should be

A) 2 : 2 : 1 B) 4 : 2 : 1
C) 2 : 1 : 4 D) 1 : 1 : 1
 
Answer & Explanation Answer: B) 4 : 2 : 1

Explanation:

As per the provisions of Section 12 of the Banking Regulation Act, 1949, the minimum ratio should be 4:2:1.

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Exam Prep: Bank Exams , CAT
Job Role: Bank Clerk , Bank PO

2 70
Q:

Which of the following is the oldest Joint Stock Bank of India  ?

A) Patiala Bank B) Punjab National Bank
C) Bank of India D) Allahabad Bank
 
Answer & Explanation Answer: D) Allahabad Bank

Explanation:

Oldest Joint Stock bank of India was Bank of Upper India that was established in 1863. But this bank failed in 1913. India's Oldest Joint Stock Bank which is still working is Allahabad Bank. It is also known as India's oldest public sector bank.

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Exam Prep: Bank Exams , CAT
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1 92
Q:

In which year, the first bank of India "Bank of Hindustan" was established ?

A) 1677 B) 1770
C) 1796 D) 1831
 
Answer & Explanation Answer: B) 1770

Explanation:

Among the first banks were the Bank of Hindustan, which was established in 1770 and liquidated in 1829-32.

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Filed Under: Bank Interview - Accounting and Finance
Exam Prep: Bank Exams , CAT
Job Role: Bank Clerk , Bank PO

2 105