Banking History Quiz 7
Practice quiz on Banking History (Banking Awareness). 5 real exam questions.
About This Quiz
Banking History Quiz 7 — Questions with Solutions
All 5 questions from this quiz with the correct answer and explanation. Attempt them yourself first, then open each solution to check your reasoning.
Q1.Which was the first Indian state formed on a linguistic basis in 1953?
- A.Maharashtra
- B.Andhra State
- C.Gujarat
- D.Kerala
Show answer
Answer: B. Andhra State
Andhra State was created in 1953 for Telugu-speaking people.
Q2.Who wrote 'The Discovery of India'?
- A.Jawaharlal Nehru
- B.B.R. Ambedkar
- C.Sardar Patel
- D.Rajendra Prasad
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Answer: A. Jawaharlal Nehru
Jawaharlal Nehru authored 'The Discovery of India'.
Q3.‘Call Money Market’ deals with funds borrowed for what period?
- A.1–14 days
- B.15–30 days
- C.Up to 1 year
- D.Intradaily only
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Answer: A. 1–14 days
Call money refers to overnight funds (up to 1 day) while notice money extends up to 14 days; together they cover 1–14 days.
Q4.Who was the first woman Prime Minister of India?
- A.Indira Gandhi
- B.Sarojini Naidu
- C.Sonia Gandhi
- D.Pratibha Patil
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Answer: A. Indira Gandhi
Indira Gandhi became PM in 1966.
Q5.Which ministry releases the Economic Survey of India?
- A.Ministry of Commerce
- B.Ministry of Statistics
- C.Ministry of Finance
- D.NITI Aayog
Show answer
Answer: C. Ministry of Finance
The Economic Survey is prepared under the Chief Economic Adviser in the Ministry of Finance.
Frequently Asked Questions
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Banking History Quiz 7 runs on a 1-minute timer in real exam-style conditions. The clock starts the moment you click Start, mirroring the time pressure of the actual exam.
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Yes. Every question on Banking History Quiz 7 ships with a complete step-by-step solution, the underlying concept, and (where applicable) shortcut tricks. You can also discuss any question with the AajExam community.
Can I attempt Banking History Quiz 7 multiple times?
Yes. You can attempt this quiz as many times as you like. Each attempt is recorded separately so you can track improvement in score, accuracy and time-management.
Which government exams does this quiz prepare me for?
Banking History questions appear regularly in SSC CGL, CHSL, MTS, GD; IBPS PO, Clerk; SBI PO, Clerk; RRB NTPC, Group D; UPSC prelims and most State PSC exams. The specific weightage varies by exam — check the exam pattern on the corresponding AajExam exam page for details.