All Time Bank Exam Questions

• Muhammad Yunus (bangladesh) is considered the originator of Microfinance

• Teaser loans are offered by banks for Home loans

• National insurance company limited is the oldest insurance company was incorporated in 1906.

• First bank to introduce ATM in India was HSBC in 1987,Mumbai

• Central Bank Of India was the first public bank to introduce credit card

• Bengal Bank, established in 1784, was the first bank to introduce cheque system

• Savings account system in India was started by Presidency Bank,1933

• The first time banks were nationalized in India was on 19 july ,1969.

• The first bank in India with an ISO certification is Canara Bank.

• The oldest existing Public sector Bank in India is Allahabad bank.

• The first bank established in India was Bank of Hindusthan,which was started in 1770.

• A loan that is provided by group of banks is called syndicate loan.

• SDR is an international reserve asset created by IMF in 1969.

• Finance Commission distributes taxes between center and states.

• Market Stabilisation scheme(MSS) introduced by government in 2004.
• Prathama Bank Headquarter  Moradabad(UP)
• World Investment report published by UNCTAD
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