Bank of India MCQ

1. When was Bank of India established?
a) 1906
b) 1911
c) 1916
d) 1920
Answer: c) 1916

2. Where is the headquarters of Bank of India located?
a) Mumbai
b) Kolkata
c) New Delhi
d) Chennai
Answer: a) Mumbai

3. Who is the current Managing Director and CEO of Bank of India?
a) Atanu Kumar Das
b) Dinabandhu Mohapatra
c) Rajkiran Rai G
d) Karnam Sekar
Answer: a) Atanu Kumar Das

4. What is the tagline of Bank of India?
a) Your Trusted Partner
b) Relationships beyond Banking
c) Smart way to Bank
d) India’s International Bank
Answer: b) Relationships beyond Banking

5. Bank of India was nationalized in which year?
a) 1949
b) 1969
c) 1980
d) 1991
Answer: b) 1969

6. Which of the following is NOT a product or service offered by Bank of India?
a) Savings accounts
b) Credit cards
c) Airline services
d) Personal loans
Answer: c) Airline services

7. Bank of India has a logo depicting which animal?
a) Lion
b) Elephant
c) Horse
d) Tiger
Answer: d) Tiger

8. What is the currency of Bank of India?
a) Rupee
b) Dollar
c) Euro
d) Pound
Answer: a) Rupee

9. What is the minimum age requirement to open a savings account in Bank of India?
a) 16 years
b) 18 years
c) 21 years
d) 25 years
Answer: b) 18 years

10. Bank of India provides financial assistance to which sector under its priority sector lending?
a) Agriculture
b) Tourism
c) Information Technology
d) Manufacturing
Answer: a) Agriculture

11. Bank of India’s international division is headquartered in which city?
a) New York
b) London
c) Dubai
d) Singapore
Answer: b) London

12. Which of the following is the mobile banking application of Bank of India?
a) BoI Mobile
b) BoI Mobile Banking
c) BoI Star Connect
d) BoI Express
Answer: c) BoI Star Connect

13. Bank of India has a presence in how many countries worldwide?
a) Over 20
b) Over 30
c) Over 40
d) Over 50
Answer: c) Over 40

14. What is the term for Bank of India’s corporate internet banking service?
a) Star Corporate
b) Star Connect
c) Star Banking
d) Star Finance
Answer: b) Star Connect

15. What is the tenure of the current Managing Director and CEO of Bank of India, Atanu Kumar Das?
a) 3 years
b) 5 years
c) 7 years
d) 10 years
Answer: b) 5 years

16. Bank of India merged with which bank in 1969 to become one of the largest nationalized banks in India?
a) Central Bank of India
b) Union Bank of India
c) Canara Bank
d) Allahabad Bank
Answer: d) Allahabad Bank

17. Bank of India introduced the first credit card in India in collaboration with which international company?
a) Mastercard
b) Visa
c) American Express
d) Diners Club International
Answer: d) Diners Club International

18. What is the term for Bank of India’s retail loan product for the purchase of consumer durables, like TVs and refrigerators?
a) Star Durables
b) Star Power
c) Star Appliances
d) Star Personal Loan
Answer: c) Star Appliances

19. What is the name of the annual event hosted by Bank of India to recognize and celebrate its achievements and employees?
a) Star Awards
b) Bank of India Day
c) Bankers’ Fest
d) Banking Excellence Awards
Answer: a) Star Awards

20. Which of the following is NOT a subsidiary of Bank of India?
a) BOI AXA Investment Managers
b) BOI Shareholding Ltd.
c) BOI Finance Ltd.
d) BOI Merchant Bankers Ltd.
Answer: b) BOI Shareholding Ltd.