Rastriya Banijya Bank Questions
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Rastriya Banijya Bank Questions - sample questions with answers
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1. Which was the first bank in Nepal to introduce QR Code technology for payment services?
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Answer: Nabil Bank
Nabil Bank was the first bank in Nepal to launch QR Code payment technology.
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2. Before the establishment of Nepal Rastra Bank, which institution performed all central banking functions?
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Answer: Sadar Muluki Khana
Prior to the establishment of Nepal Rastra Bank, treasury and currency functions were carried out by Sadar Muluki Khana.
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3. Under which act was Nepal Rastra Bank established?
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Answer: Nepal Rastra Bank Act, 2012 (1955)
Nepal Rastra Bank was established on April 26, 1956 (B.S. 2013 Baishakh 14) under the Nepal Rastra Bank Act, 2012.
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4. Who was the first person to assume the leadership of Nepal Rastra Bank, established on 14th Baisakh 2013 B.S.?
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Answer: Himalayan Shumsher Rana
Himalayan Shumsher Rana was the first Governor of Nepal Rastra Bank.
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5. Who succeeded Himalaya Shumsher Rana to become the second Governor of Nepal Rastra Bank?
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Answer: Laxmi Nath Gautam
While Himalaya Shumsher Rana was the first Governor of Nepal Rastra Bank, Laxmi Nath Gautam was the second Governor.
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6. When was Nepal Bank Limited, the first commercial bank of Nepal, established?
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Answer: 30 Kartik 1994 BS
Nepal Bank Limited was established on 30 Kartik 1994 BS during the reign of King Tribhuvan and Prime Minister Juddha Shumsher.
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7. Which institution is recognized as the first modern bank in the banking history of Nepal?
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Answer: Nepal Bank Limited
Established in 1937 AD (1994 BS), Nepal Bank Limited is considered the first modern bank of Nepal.
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8. Which bank introduced the ATM card for the first time in Nepal?
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Answer: Everest Bank
Everest Bank was the first bank to introduce ATM cards in Nepal.
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9. Which bank was the first to introduce credit cards in Nepal?
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Answer: Nabil Bank
Nabil Bank was the first bank to introduce credit card services in Nepal.
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10. Which is the first development bank in Nepal to issue credit cards?
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Answer: Kamana Sewa Bikas Bank
Kamana Sewa Bikas Bank became the first development bank ('Class B') in Nepal to issue credit cards.
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11. Which is the first commercial bank established with full government ownership in Nepal?
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Answer: Rastriya Banijya Bank
Rastriya Banijya Bank, established on 10 Magh 2022 BS, is Nepal's first commercial bank under full government ownership.
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12. When was Rastriya Banijya Bank established under full government ownership?
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Answer: January 23, 1966 (10 Magh 2022 BS)
Rastriya Banijya Bank was established on 10 Magh 2022 BS (January 23, 1966).
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13. From which fiscal year did Nepal Rastra Bank start regularly releasing the annual monetary policy?
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Answer: FY 2058/59
Nepal Rastra Bank began formally issuing the annual monetary policy starting from the fiscal year 2058/59 BS.
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14. In which year was the Bank and Financial Institutions Act (BAFIA) first enacted in Nepal?
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Answer: 2063 BS
The Bank and Financial Institutions Act (BAFIA) was first enacted in Nepal in the year 2063 BS.
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15. Who served as the first Finance Minister of Nepal in the cabinet formed after the establishment of democracy in 1951 (2007 BS)?
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Answer: Subarna Shamsher Rana
Subarna Shamsher Rana was the first Finance Minister of Nepal and presented the country's first national budget in 2008 BS.
This chapter has 36 questions. Practise them all with timing, answers and explanations.