Banking Awareness Questions for IBPS RRBs Exam 2017

Dear Readers,


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

Q1. Standard & Poor's (S&P) Global Ratings and its predecessor organisations have been in business for more than 150 years. (S&P) based in-
(a) New York, USA
(b) London, UK
(c) Paris, France
(d) Vienna, Austria
(e) Geneva, Switzerland

Q2. Which is a full-service credit rating agency exclusively set up for micro, small and medium enterprises?
(b) ICRA
(c) CARE

Q3. Which of the following is an independent banking industry watchdog that protects consumers of banking services in the country?
(a) BBB
(b) IBA
(d) IBRD
(e) RBI

Q4. The Banking Codes and Standards Board of India (BCSBI) was registered as a society under the _____________ in February 2006.
(a) Companies Act, 1956
(b) Societies Registration Act, 1860
(c) Banking Regulation Act, 1949
(d) Reserve Bank of India Act, 1934
(e) None of the given options is true

Q5. Where is the head office of SMERA?
(a) Chennai
(b) Gurugram
(c) New Delhi
(d) Mumbai
(e) Bengaluru

Q6. SMERA Ratings Limited is registered with-
(a) ECAI
(b) RBI
(c) SEBI
(d) NSIC

Q7. Which of the following is India’s first Credit Information Company?
(e) CARE

Q8. Which of the following is an apex financial institution for housing?
(a) AIFI
(b) NHB
(c) DFI

Q9. NHB is wholly owned by ______
(a) GOI
(b) RBI
(c) SEBI
(e) Finance Ministry

Q10. The International Bank for Reconstruction and Development (IBRD) is an international financial institution that offers loans to-
(a) Multinational Banks
(b) Multinational Financial Institutions
(c) Middle-Income Developing Countries
(d) Non-Government Organizations
(e) None of the given options is true

Q11. The “in-principle” approval for setting up ‘small finance banks’ granted by RBI will be valid for-
(a) 12 Months
(b) 24 Months
(c) 10 Months
(d) 18 Months
(e) 30 Months

Q12. Which of the following is an independent commodity exchange based in Mumbai?
(a) MGEX
(b) MCE
(c) MDEX
(d) MCX
(e) MEX

Q13. Which of the following is a pension scheme focused on the workers in the unorganised sector?
(a) SSY
(c) APY
(d) PMAY
(e) None of the given options is true

Q14. An Indian rupee denominated bond issued outside India is called-?
(a) Yankee bond
(b) Bulldog bond
(c) Uridashi bond
(d) Samurai bond
(e) Masala bond

Q15. Who among the following appoints the “authorised Dealers” for foreign exchange transactions?
(a) GOI
(b) RBI
(c) PSBs

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