Banking Awareness Questions for IBPS RRBs PO and Clerk Mains 2017

Dear Readers,

Banking Awareness for IBPS Exam 2017

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

Q1. According to accepting public deposits, NBFCs can be classified into ____ broad categories.
(a) Two
(b) Three
(c) Four
(d) One
(e) Five

Q2. Which of the following are the country’s largest custodian and depository participant?
(b) SEBI
(e) None of the given options is true

Q3. StockHolding was incorporated as a Public Limited Company in- 
(a) 1995
(b) 1992
(c) 1986
(d) 1981
(e) 1979

Q4. StockHolding is a subsidiary of-
(a) IFCI Limited
(b) RBI
(c) Government of India
(e) IDBI Limited

Q5. Which of the following is the parent organisation of UPI?
(a) RBI
(b) GOI
(c) NPCI
(d) PMMY
(e) SEBI

Q6. Who has been appointed as the Managing Director and Chief Executive Officer of IDFC Bank with effect from July 16th, 2017 for three years?
(a) Sunil Mehta
(b) Melwyn Rego 
(c) Rajkiran Rai G 
(d) Sunil Kakar
(e) Vikram Limaye

Q7. As per the amendment, the pecuniary jurisdiction of the Banking Ombudsman to pass an award has been doubled to _____ rupees. 
(a) 20 lakh rupees
(b) 10 lakh rupees
(c) 25 lakh rupees
(d) 50 lakh rupees
(e) 5 lakh rupees

Q8. Capital markets regulator SEBI has relaxed takeover norms for the acquisition of stressed assets of listed companies to help the government and the RBI in their efforts to tackle bad loans. What is the meaning of "B" in SEBI?
(a) Base
(b) Business
(c) Broker
(d) Bank
(e) Board

Q9. Asian Infrastructure Investment Bank (AIIB) has approved USD 150 million equity investment loan to the India Infrastructure Fund. It is the bank's first such loan to fund private projects. AIIB based in-?
(a) France
(b) Australia
(c) China
(d) Germany
(e) USA

Q10. World Bank's Board of Executive Directors has approved a loan assistance of __________ million dollars for the Assam State Public Finance Institutional Reforms (ASPIRe) Project.
(a) 103 million dollars 
(b) 44 million dollars
(c) 502 million dollars 
(d) 328 million dollars 
(e) 1005 million dollars

Q11. Which among the following Banks has launches ‘Saral-Rural Housing Loan’ Scheme for weaker sections?
(a) ICICI Bank
(b) SBI
(c) PNB
(d) Syndicate Bank
(e) Axis Bank

Q12. Which of the following public sector bank emblem figures a dog and the words ‘faithful, friendly’ in it?
(a) Punjab National Bank
(b) Oriental Bank of Commerce
(c) Syndicate Bank
(d) State Bank of India
(e) Indian Overseas Bank

Q13. If the Cash Reserve Ratio (CRR) is lowered by the RBI, its impact on credit creation will be-
(a) Increases
(b) Decreases
(c) No impact
(d) All of the above
(e) None of the given options is true

Q14. Which one of the following is a private bank?
(a) Allahabad bank
(b) Punjab and Sind Bank
(c) Punjab National Bank
(d) South Indian Bank
(e) Bank of Baroda

Q15. PAN card issued by the income tax department cannot be used for which of the following purpose?
(a) Proof of identity
(b) Proof of a registered taxpayer
(c) Proof of address
(d) Proof of date of birth
(e) None of the given options is true

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