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


  • Options
  • A. Patiala Bank
  • B. Punjab National Bank
  • C. Bank of India
  • D. Allahabad Bank

  • Correct Answer
  • 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.

  • Tags: Bank Exams, CAT, Bank Clerk, Bank PO

    Accounting and Finance problems


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    • 1. Explain What is the difference between debenture holders and creditors ?
    • Discuss
    • 2. All of these are exemptions from local real property taxes EXCEPT :

    • Options
    • A. Low-income homeowner's exemption
    • B. Homeowner's exemption
    • C. Veteran's exemption
    • D. Senior citizen's tax exemption
    • Discuss
    • 3. Job cost sheets constitute the subsidiary ledger for the
    • Discuss
    • 4. Bad loans in banking terminology are generally known as

    • Options
    • A. NPA's
    • B. Prime loans
    • C. BPO's
    • D. Prime Assets
    • Discuss
    • 5. What is ?Crossed Cheque? ?
    • Discuss
    • 6. Saving accounts usually offer ___ interest rates than checking accounts.

    • Options
    • A. Higher
    • B. Lower
    • C. Equal
    • D. None
    • Discuss
    • 7. The yield to maturity on a discount bond is

    • Options
    • A. equal to both the coupon rate / current yeild
    • B. less than the current yeild but greater than the coupon rate
    • C. greater than both the coupon rate / current yeild
    • D. equal to the current yeild but greater than the coupon rate
    • Discuss
    • 8. In preparing a bank reconciliation, outstanding checks are

    • Options
    • A. Deducted from the balance sheet
    • B. Added to the bank balance
    • C. Deducted from the bank balance
    • D. Added to the balance sheet
    • Discuss
    • 9. What is an example of an inflation risk?
    • Discuss
    • 10. The income and substitution effects account for

    • Options
    • A. the upward sloping curve
    • B. the downward sloping curve
    • C. Both A & B
    • D. None of the above
    • Discuss


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