Indian Bank Exam

1. When was Indian Bank established?
a) 1901
b) 1907
c) 1912
d) 1921
Answer: b) 1907

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

3. Which of the following is NOT a product/service offered by Indian Bank?
a) Savings accounts
b) Home loans
c) Insurance policies
d) Airline tickets
Answer: d) Airline tickets

4. What is the tagline of Indian Bank?
a) “Your Tech-friendly Bank”
b) “Relationships beyond banking”
c) “Good people to grow with”
d) “Your perfect banking partner”
Answer: c) “Good people to grow with”

5. Who is the current CEO of Indian Bank?
a) Kishor Kharat
b) Padmaja Chunduru
c) Karnam Sekar
d) Sandeep Bakhshi
Answer: b) Padmaja Chunduru

6. Which of the following is the regulatory body for Indian Banks?
a) RBI (Reserve Bank of India)
b) SEBI (Securities and Exchange Board of India)
c) IRDAI (Insurance Regulatory and Development Authority of India)
d) FICCI (Federation of Indian Chambers of Commerce and Industry)
Answer: a) RBI (Reserve Bank of India)

7. What is the minimum age requirement for opening a savings account in Indian Bank?
a) 16 years
b) 18 years
c) 21 years
d) 25 years
Answer: b) 18 years

8. Indian Bank was nationalized in which year?
a) 1947
b) 1969
c) 1980
d) 1991
Answer: b) 1969

9. Which of the following is a digital banking service provided by Indian Bank?
a) Mobile banking
b) Internet banking
c) ATM services
d) All of the above
Answer: d) All of the above

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10. What is the name of Indian Bank’s mobile banking app?
a) iMobile
b) IB Smart Remote
c) Indian Bank Mobile Banking
d) IB Smart Banking
Answer: c) Indian Bank Mobile Banking

11. Indian Bank offers loans for which of the following purposes?
a) Education
b) Housing
c) Vehicle purchase
d) All of the above
Answer: d) All of the above

12. Which of the following is NOT a type of loan offered by Indian Bank?
a) Personal loan
b) Business loan
c) Agricultural loan
d) None of the above
Answer: d) None of the above

13. Indian Bank’s logo features which animal?
a) Lion
b) Elephant
c) Tiger
d) Horse
Answer: b) Elephant

14. What is the term for the interest rate charged by Indian Bank on loans?
a) Fixed rate
b) Floating rate
c) Variable rate
d) Prime rate
Answer: b) Floating rate

15. Which of the following is a type of account offered by Indian Bank for non-resident Indians (NRIs)?
a) NRE Account (Non-Resident External Account)
b) NSC Account (National Savings Certificate Account)
c) NPS Account (National Pension System Account)
d) None of the above
Answer: a) NRE Account (Non-Resident External Account)

16. Indian Bank offers which of the following types of credit cards?
a) Visa
b) Mastercard
c) RuPay
d) All of the above
Answer: d) All of the above

17. What is the full form of the IFSC code used by Indian Bank?
a) Indian Financial System Code
b) Indian Foreign Services Code
c) Indian Financial Services Corporation
d) None of the above
Answer: a) Indian Financial System Code

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18. Indian Bank has a partnership with which of the following payment platforms for online transactions?
a) Paytm
b) Google Pay
c) PhonePe
d) All of the above
Answer: d) All of the above

19. Which of the following is a subsidiary of Indian Bank?
a) Bharat Financial Inclusion Limited
b) Life Insurance Corporation of India
c) Housing Development Finance Corporation
d) National Securities Depository Limited
Answer: a) Bharat Financial Inclusion Limited

20. What is the minimum balance requirement for a savings account in Indian Bank?
a) ₹500
b) ₹1000
c) ₹2000
d) ₹5000
Answer: c) ₹2000

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