UPSC 2009 › Indian Economy › Banking & Financial Sector

2 questions · 2009 · answers as per the UPSC key

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All years of Banking & Financial Sector · Full UPSC 2009 paper

Consider the following pairs : Large Bank

  1. ABN Amro Bank : USA
  2. Barclays Bank : UK
  3. Kookmin Bank : Japan

Country of origin

Which of the above pairs is/are correctly matched ?

(a) 1 only
(b) 2 only
(c) 1 and 2
(d) 2 and 3
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Answer: (b) 2 only

In the context of independent India's economy, which one of the following was the earliest event to take place ?

(a) Nationalisation of Insurance companies
(b) Nationalisation of State Bank of India
(c) Enactment of Banking Regulation Act
(d) Introduction of First Five-Year Plan
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Answer: (c) Enactment of Banking Regulation Act