Central Bank of India MCQ

1. When was the Central Bank of India established?
a) 1906
b) 1911
c) 1913
d) 1917
Answer: c) 1913

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

3. Who is the current Chairman and Managing Director (CMD) of the Central Bank of India?
a) Pallav Mohapatra
b) Rajkiran Rai G
c) T. M. Bhasin
d) Rajesh Kumar Goyal
Answer: a) Pallav Mohapatra

4. Which of the following is the tagline of the Central Bank of India?
a) Central to You Since 1911
b) Your Central Bank Since 1913
c) Empowering the Nation
d) Together We Can
Answer: a) Central to You Since 1911

5. Central Bank of India was the first Indian commercial bank to be wholly owned and managed by Indians. (True/False)
a) True
b) False
Answer: a) True

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

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

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

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

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

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

12. What is the name of Central Bank of India’s mobile banking application?
a) Central Mobile
b) Cent Mobile
c) CBI Mobile
d) Central Bank Mobile
Answer: b) Cent Mobile

13. Central Bank of India has a presence in which of the following countries?
a) United States
b) United Kingdom
c) UAE
d) All of the above
Answer: d) All of the above

14. What is the term for Central Bank of India’s corporate internet banking service?
a) CentConnect
b) CBI Connect
c) Central Connect
d) Connect@CBI
Answer: a) CentConnect

15. Central Bank of India offers a scheme for financing the purchase of consumer durables. What is it called?
a) Cent Durables
b) Cent Appliances
c) Cent Personal Loan
d) Cent Power
Answer: b) Cent Appliances

16. Who is considered the founder of Central Bank of India?
a) Sir Sorabji Pochkhanawala
b) Sir Pherozeshah Mehta
c) Shahu Maharaj
d) Dinshaw Edulji Wacha
Answer: a) Sir Sorabji Pochkhanawala

17. What is the tenure of the current Chairman and Managing Director (CMD) of Central Bank of India, Pallav Mohapatra?
a) 3 years
b) 5 years
c) 7 years
d) 10 years
Answer: b) 5 years

18. Central Bank of India merged with which bank in 1969?
a) Bank of India
b) Bank of Baroda
c) Allahabad Bank
d) Union Bank of India
Answer: c) Allahabad Bank

19. Central 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

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20. Central Bank of India’s retail loan product for the purchase of consumer durables, like TVs and refrigerators, is called:
a) Cent Insta Loan
b) Cent Power
c) Cent Appliances
d) Cent Personal Loan
Answer: c) Cent Appliances

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