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Banking institutions MCQ - Practice Questions with Answers

Solve 1 Banking institutions questions for RAS/RPSC preparation.

Practice questions

Q1To promote gender equality and the economic empowerment of women, the Government of India set up India's first women's bank, called Bharatiya Mahila Bank Limited. In which year was it launched?

A 2012
B 1999
C 2013
D 2017
Explanation

Bharatiya Mahila Bank Limited was launched in 2013 as a public sector bank focused on women and financial inclusion. The year 2012 is close to the policy discussion period but not the launch year. The year 1999 is much earlier and does not relate to the establishment of this bank. The year 2017 is associated with a later stage, when Bharatiya Mahila Bank was merged with the State Bank of India, so it cannot be the launch year.

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