Questions from General Awareness are asked in almost all the banking, insurance & government exams. Static GK is one of the important components of General Awareness and is very important from the perspective of scoring marks. The answers of questions from Static GK topics almost never change and this is what makes them easy to memorize. We have published a number of PDFs on different Static GK Topics in the past. In this series of Static GK topics, today we are publishing the List of Firsts in Indian Banking System. Questions from this topic have often appeared in different competitive exams. This PDF is important for your preparation especially if you are preparing for SBI Clerk Mains, RBI Assistant Mains, SEBI Grade A, SSC CHSL Tier I etc.
Memorize this list and revise it on a regular basis. We also suggest you to put this list at such place so that you can have a look at it on a regular basis thereby revising it. Let’s have a look at some model questions on the List of First In Indian Banking System.
Model Questions on List of Firsts in Indian Banking System
- Which is the First Universal Bank in India?
- Name the First Bank to sell Mutual Funds.
State Bank of India
- Which Bank was the First Issuer of Masala Bonds?
- Who was the First Governor of Reserve Bank?
- Which was the First Rural Regional Bank in India?
List of Firsts in Indian Banking System:
|First Bank in India||Bank of Hindustan|
|First Bank Managed by Indians||Oudh Commercial Bank|
|First Bank with Indian Capital||Punjab National Bank|
|First Truly Swadeshi bank||Central Bank of India|
|First Foreign Bank in India||HSBC|
|First Bank to get the ISO Certificate||Canara Bank|
|First Indian Bank to open a Foreign Branch||Bank of India|
|First Bank to Introduce ATM||HSBC (1987, Mumbai)|
|Oldest Joint Stock Bank||Allahabad Bank|
|First Universal Bank||ICICI Bank|
|First Bank to introduce Saving Accounts||Presidency Bank (1833)|
|First Bank to introduce the Cheque System||Bengal Bank (1784)|
|First Bank to give the Internet Banking Facility||ICICI Bank|
|First Bank to Sell Mutual Funds||State Bank of India|
|First Bank to Issue Credit Cards||Central Bank of India|
|First Rural Regional Bank||Prathama Bank|
|First Bank to get ‘In Principle’ Banking License||IDFC and Bandhan Bank|
|First Bank to Introduce the Merchant Banking in India||Grindlays Bank|
|First Bank to Introduce the Block Chain Technology||ICICI Bank|
|First Bank to Introduce Voice Biometric||Citi Bank|
|First Bank to Introduce Robot in Banking Service||HDFC|
|First Payment Bank||Airtel Payment Bank|
|First small finance bank||Capital Small Finance Bank Limited|
|First issuer of Masala Bonds||HDFC|
|First Multi-currency international Debit Cards are issued in India||SBI|
|first bank to provide mobile ATM||ICICI Bank|
|First governor of the Reserve Bank.||Osborne Smith|
|First Indian to be the governor of Reserve Bank.||CD Deshmukh|
|First Digital Bank||Digibank|
We hope that the above PDF of List of Firsts in India will be definitely be helpful in your preparation. If you have any feedback/input for us, please let us know in the comments section below.
Wishing you good luck with your preparation!
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