Banking Awareness Questions for NIACL Assistant 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. NPCI is an umbrella organisation for all retail payments system in India. It was set up with the guidance and support of the Reserve Bank of India (RBI) and Indian Banks’ Association (IBA). What does NPCI stand for-
(a) National Payments Corporation of Industry
(b) National Payments Council of India
(c) Nominal Payments Corporation of India
(d) National Payments Corporation of India
(e) National Product Corporation of India 

Q2. In which among the following years NPCI was incorporated-
(a) December 2008
(b) January 2006
(c) April 2010
(d) July 2012
(e) None of the above

Q3. The Bank for International Settlements (BIS) is the world's oldest international financial organisation. BIS was established on-
(a) 26th May 1961
(b) 01st October 1949
(c) 14th February 1914
(d) 21st August 1945
(e) 17th May 1930

Q4. Where is the head office of Bank for International Settlements (BIS)?
(a) Zurich, Switzerland
(b) New York, USA
(c) Basel, Switzerland 
(d) Berlin, Germany
(e) Geneva, Switzerland

Q5. Under which act NPCI was incorporated as a Section 8?
(a) Banking Regulation Act, 1949
(b) Companies Act 2013
(c) Reserve Bank of India Act, 1934
(d) Societies Registration Act, 1860 
(e) None of the above

Q6. Who was the first Governor of RBI? 
(a) C.D.Deshmukh
(b) James Braid Taylor 
(c) Osborne Smith
(d) Raghuram Rajan
(e) None of the above

Q7. Scheduled Banks of India are those banks, which are? 
(a) Included in First Schedule of RBI Act, 1934 
(b) Not included in First Schedule of RBI Act, 1934 
(c) Included in Second Schedule of RBI Act, 1934
(d) Not included in Second Schedule of RBI Act, 1934 
(e) None of the above

Q8. Which of the following banks is not merged with SBI in April 2017? 
(a) State Bank of Bikaner & Jaipur 
(b) State Bank of Travancore 
(c) State Bank of Mysore 
(d) Axis Bank
(e) None of the above

Q9. Which of the following bank is not a private sector bank in India? 
(a) Federal Bank 
(b) Yes Bank 
(c) IndusInd Bank 
(d) UCO Bank
(e) None of the above

Q10. Which private sector bank is recently merged with Kotak Mahindra Bank (KMB)? 
(a) ING Vysya Bank 
(b) Karur Vysya Bank 
(c) Lakshmi Vilas Bank 
(d) Jammu and Kashmir Bank
(e) None of the above

Q11. Currently, which of the following combination has female CMDs or heads? 
(a) HDFC, ICICI, Axis Bank 
(b) ICICI, Axis Bank, Kotak Mahindra Bank 
(c) Yes Bank, Kotak Mahindra Bank, SBI 
(d) SBI, ICICI, Axis Bank
(e) None of the above

Q12. Which two private sector banks have got the license from RBI in 2014? 
(a) Bandhan and Yes Bank 
(b) Yes Bank and IDFC 
(c) IDFC Bank and Bandhan Bank
(d) Axis Bank and ICICI 
(e) None of the above

Q13. Who is conferred with the Central Banker of the Year Award (Global and Asia Pacific) for 2016 by The Banker, the Financial Times Group's monthly publication?
(a) Janet Yellen
(b) Raghuram Rajan 
(c) Graeme Wheeler 
(d) Mario Draghi
(e) None of the above

Q14. Which bank first introduced Automated Teller Machine (ATM) in India (1987)? 
(a) SBI 
(b) Punjab National Bank 
(c) Federal Bank 
(d) HSBC 
(e) None of the above

Q15. Bank of Rajasthan was merged with which private sector bank? 
(a) ICICI Bank
(b) Axis Bank 
(c) HDFC Bank 
(d) Kotak Mahindra Bank
(e) None of the above


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