Banking Awareness Questions for IBPS RRBs PO and Clerk Exam 2017

Dear Readers,


Banking Quiz for IBPS Exam 2017

Just a few months are left for IBPS RRBs Mains It is time to pace up your preparation of Banking Awareness for IBPS RRB PO and Clerk Mains. These Banking questions will also help you in preparing for other upcoming banking recruitment examination.

Q1. Security Paper Mill (SPM) located at-
(a) Mumbai
(b) Kolkata
(c) Bangaluru
(d) Hoshangabad
(e) New Delhi

Q2. What is the meaning of Mixed economy?
(a) Co-existence of small and large industries
(b) Co-existence of public and private industries
(c) Co-existence of the rich and poor
(d) Promoting both agriculture and industries in the economy
(e) None of the given options is true

Q3. Security Printing and Minting Corporation of India Limited (SPMCIL) was formed after corporatisation of nine units including four mints, four presses and one paper mill which were earlier functioning under the Ministry of Finance. The Company was incorporated on-
(a) 13th January 2006 
(b) 01st April 2002
(c) 18th March 2004
(d) 02nd October 2008
(e) 15th September 1960

Q4. India Infrastructure Finance Company Limited (IIFCL) is a wholly-owned _____________ company set up in 2006.
(a) Small Industries Development Bank of India (SIDBI)
(b) Finance Ministry (FM)
(c) Securities and Exchange Board of India (SEBI) 
(d) Reserve Bank of India (RBI)
(e) Government of India (GOI)

Q5. _________ are the market operations conducted by the RBI with an objective to adjust the rupee liquidity conditions in the market on a durable basis.
(a) Open Market Operations (OMOs)
(b) Capital Market Operations
(c) When Issued Market
(d) All of the Above
(e) Monetary Policy

Q6. When a Bank provides a loan for purchase of white goods, it is categorised as _____________
(a) Consumption loan
(b) White Goods loan
(c) Consumer Durable loan
(d) Working Capital
(e) None of the given options is true

Q7. Fixed Deposits and Recurring Deposits are-
(a) repayable after an agreed period
(b) repayable on demand
(c) not repayable
(d) repayable on demand or after an agreed period as per customer’s choice
(e) None of the given options is true

Q8. What is the full form of ‘FSDC’ which is used in financial sectors?
(a) Financial Security and Development Council
(b) Financial Stability and Development Council
(c) Fiscal Security and Development Council
(d) Fiscal Stability and Development Council
(e) None of the given options is true

Q9. FSDC was set up by the Government as the apex level forum in-
(a) September 2002
(b) January 2016
(c) March 2012
(d) July 2005
(e) December 2010

Q10. CRAR stands for _________
(a) Capital to Risk-Weighted Assets Ratio
(b) Capital to Risk Assets Ratio
(c) Credit Rating-Weighted Assets Ratio
(d) Credit Rating Assets Ratio
(e) None of the given options is true

Q11. Softbank has made its biggest investment in an Indian digital enterprise by sealing a funding round of Rs 9,000 crore ($1.4 billion) in mobile payments provider Paytm. Softbank is based in-
(a) Austria
(b) Japan
(c) Hong Kong
(d) China
(e) Russia

Q12. Which among the following banks has entered into a Memorandum of Understanding (MoU) with Life Insurance Corporation (LIC) of India for selling life insurance products of LIC?
(a) Kotak Mahindra Bank
(b) Axis Bank
(c) ICICI Bank
(d) State Bank of India
(e) Karnataka Bank

Q13. HDFC Life has announced the launch of an artificial intelligence-based application 'SPOK' that can automatically read, understand, categorise, prioritise and respond to customer emails sent to the private insurer. Where is the corporate office of HDFC life?
(a) Nainital
(b) Jaipur
(c) Mumbai
(d) New Delhi
(e) Ahmedabad

Q14. Which bank has launched a new trading platform called “Selfie” for customers in association with Geojit?
(a) Federal Bank
(b) IDFC Bank
(c) Kotak Mahindra Bank
(d) HDFC Bank
(e) ICICI Bank

Q15. _____________ and IFFCO rolled out their first set of co-branded debit cards for farmers as part of a novel initiative to push digitalisation and cashless economy.
(b) SBI
(c) PNB
(d) BOB

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