SET 8 – Economy Questions and Answers

Important questions and answers of GK Set-8 related to Economics language for various competitive exams

Economy GK – Set 8: – GK Questions related to Economics below Section-8 Questions and answers have been written . All the economics related question banks, railways, SSC etc. published in this section will be important and helpful for you in all examinations.

Q1. Which of these banks is the first commercial bank of India?
A. Central Bank of India
B. State Bank of India
C. Bank of Baroda
D. Canara Bank

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Answer: Central Bank of India

Q2. Which is the largest private sector bank in India in terms of market capitalization?
A. Central Bank of India
B. State Bank of India
C. ICICI Bank
D. Canara Bank

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Answer: ICICI Bank

Q3. Yana Bank was founded in which year by Rana Kapoor and Ashok Kapoor?
A. 2005
B. 2004
C. 2002
D. 2000

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Answer: 2004

Q4. In which year was Yes Bank listed on the stock exchanges of India after the IPO?
A. 2005
B. 2004
C. 2002
D. 2000

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Answer: 2005

Q5. Who among the following has been appointed as the Chairman of State Bank of India in 2017?
A. Urjit Patel
B. Dharmesh Patel
C. Vijender Sharma
D. Rajneesh Kumar

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Answer: Rajneesh Kumar

Q6. In which year was the Bank of India established?
A. 1900
B. 1906
C. 1910
D. 1950

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Answer: 1906

Q7. “Bank of Maharashtra” is what percentage of total shares of Government of India
A. 40%
B. 81.61%
C. 70%
D. 70.51%

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Answer: 81.61%

Q8. In which year was the State Bank of Patiala established?
A. 1910
B. 1906
C. 1917
D. 1920

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Answer: 1917

Q9. Which is the second largest government commercial bank in India?
A. Punjab National Bank
B. State Bank of India
C. Bank of Baroda
D. Canara Bank

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Answer: Punjab National Bank

Q10. Who among them has been appointed as the Chairman and Managing Director of Canara Bank
A. Urjit Patel
B. Rajneesh Kumar
C. AC Mahajan
D. Vijender Sharma

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Answer: AC. Mahajan
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