Here are some MCQs on Private Sector Banks in India
1. Which was the first Indian private sector bank to receive an in-principle approval from the Reserve Bank of India (RBI) to set up a bank?
a) ICICI Bank
b) HDFC Bank
c) Axis Bank
d) IndusInd Bank
2. Which private sector bank was earlier known as Banking Corporation Limited?
a) Karnataka Bank
b) Federal Bank
c) Yes Bank
d) Karur Vysya Bank
3. Which private sector bank was founded by Ajay Kanwal and is the first new bank to be licensed by RBI after the liberalization?
a) IDFC First Bank
b) Bandhan Bank
c) RBL Bank
d) YES Bank
4. Which private sector bank is headquartered in Mumbai and is the third-largest bank in terms of assets in India?
a) Axis Bank
b) ICICI Bank
c) HDFC Bank
d) Kotak Mahindra Bank
5. Which private sector bank is the largest credit card provider in India?
a) IndusInd Bank
b) RBL Bank
c) HDFC Bank
d) IDFC First Bank
