Banking Awareness Questions for BOB PO & SBI PO Mains Exam

Dear Readers,

Just a few days are left for Bank of Baroda PO and NIACL Assistant Mains Examination. It is time to pace up your preparation of Banking Awareness for Bank of Baroda PO and NIACL Assistant Mains 2017. These Banking questions will also help you in preparing for SBI PO Mains 2017, Bank of IndiaRBI Grade-B and NICL AO Mains 2017 recruitment examination.

Q1. IBA adopts a consultative approach to give its views on any issue pertaining to the banking sector. What is the meaning of "I" in IBA?
(a) International
(b) Institute
(c) Investment
(d) Indian
(e) Increase

Q2. IBA stands for-
(a) Indian Banks' Allocation 
(b) Indian Banks' Association
(c) Institute Banks' Association 
(d) Indian Banks' Assembly
(e) Indian Billing Association 

Q3. IBA was set up in ________ with 22 members to discuss issues of common interests.
(a) 1946
(b) 1955
(c) 1934
(d) 1921
(e) 1961

Q4. What is the effort of IBA?
(a) Assist and provide common services to members.
(b) Promote sound and progressive banking principles and practices. 
(c) Co-ordinate and co-operate on procedural, legal, technical, administration, professional matters. 
(d) Build Image of banking industry through publicity and public relations.
(e) All of the above

Q5. As on December 28, 2015 the total membership of the IBA is?
(a) 302
(b) 274
(c) 237
(d) 203
(e) None of the above

Q6. The members of IBA is comprised of-
(a) Public Sector Banks
(b) Private Sector Banks
(c) Foreign Banks having offices in India 
(d) Co-operative Banks and 
(e) All of the above

Q7. Managing Committee of the IBA is its governing body, headed by-
(a) Chief Executives
(b) Chief Executive Officer 
(c) Governor 
(d) Chairman
(e) None of the above

Q8. Who is present Chairman of IBA?
(a) S S Mundra
(b) Ashwani Kumar
(c) Rajeev Rishi
(d) SS Ahluwalia
(e) Rakesh Sharma

Q9. Where is the headquarter of IBA?
(a) New Delhi
(b) Mumbai
(c) Nagpur
(d) Gurugram
(e) Lucknow

Q10. What is the focus & Priorities of IBA?
(a) The Government of India on policy related issues 
(b) Industry unions on wage negotiations and improving industrial relations 
(c) Foreign counterparts to widen the horizon and perspectives 
(d) Members to encourage inter-bank co-operation and co-ordination 
(e) All of the above


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