General Knowledge Quiz on Banking Acts & Reforms

Which was the first high-level committee formed by the Government of India to improve the functioning of the Banking System of India?

Banking Acts and Reforms are important because –

Which Act made it legal to form a company by registration?

Nationalization of Banks Act, 1964 led to the nationalisation of how many commercial banks of India?

Securities and Exchange Board of India was established in which year?

When did the Regional Rural Bank Act pass?

The State Bank of India Act, 1955 led to –

Which act of 1949 is considered the turning point of the Banking System in India?

The Banking Ombudsman Scheme allows consumers to –

Which act allows the auction of properties to recover loans by the banks?