Banking Awareness Questions for IBPS RRBs PO and Clerk Mains 2017

Dear Readers,

Banking Awareness for IBPS Exam 2017

Just a month is 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. Which Bank has launches 10-second paperless instant loan Scheme?
(a) HDFC
(b) SBI
(c) PNB
(d) IDBI

Q2. Which among the following organisation to provide Rs 30,000 crore credit to farmers for irrigation?
(b) RBI
(c) SBI
(d) PNB

Q3. Which of the following bodies regulates the Regional Rural Banks?
(a) Union Government
(b) SBI
(c) RBI

Q4. Which among the following banks has launched the First Multi-Currency Contactless Card service in India?
(a) HDFC Bank
(b) Axis Bank
(c) State Bank of India
(d) Punjab National Bank
(e) ICICI Bank

Q5. Name the organisation, which has allows Banks to tie up with insurers?
(b) RBI
(c) SBI
(d) World Bank
(e) SEBI

Q6. Infrastructure Finance Company (IFC) is a non-banking finance company has a minimum Net Owned Funds of-
(a) Rs.100 Crore
(b) Rs.200 Crore
(c) Rs.500 Crore
(d) Rs.300 Crore
(e) Rs.800 Crore

Q7. Under which act NBFCs are incorporated?
(a) Banking Regulation Act, 1949
(b) Companies Act, 1956
(c) RBI Act 1934
(d) SBI Act 1955
(e) None of the given options is true

Q8. An NBFC must be registered with the _____________ and have specific authorization to accept deposits from the public.
(a) RBI
(b) SEBI
(d) SBI
(e) Government of India

Q9. RNBCs cannot accept deposits for a period less than _____ months and more than ______ months.
(a) 12, 84
(b) 14, 86
(c) 17, 92
(d) 24, 36
(e) 54, 95

Q10. RNBC stands for-
(a) Residuary Non-Banking Companies
(b) Reserve Non-Banking Companies
(c) Reserve New Banking Companies
(d) Re-curring New Banking Companies
(e) None of the given options is true

Q11. Which among the following banks has launched a Multi-currency Forex Card for overseas travellers recently?
(a) South Indian Bank
(b) ICICI Bank
(c) Kotak Mahindra Bank
(d) Standard Chartered Bank
(e) Yes Bank

Q12. SIDBI has started full-fledged merchant banking operations to benefit the expanding number of growth-oriented MSMEs, especially those with a strong technology and innovation quotient. What is the meaning of "D" in SIDBI?
(a) Development
(b) Department
(c) District
(d) Doing
(e) None of the given options is true

Q13. Aurionpro Solutions a global leader in digital innovation, enterprise security and banking solutions, announced its Branch-in-a-Box product, the VTM a fully integrated self-service kiosk for automating 90% of banking transactions at the branch level. VTM stands for-
(a) Virtual Truncated Machine 
(b) Vehicle Teller Machine 
(c) Virtual Timer Machine 
(d) Virtual Teller Management 
(e) Virtual Teller Machine

Q14. Reserve Bank of India (RBI) has set up Supervisory Colleges for six Scheduled Commercial Banks which have sizeable international presence recently. Which among the following Banks is not them?
(a) State Bank of India
(b) ICICI Bank Limited
(c) Indian Overseas Bank
(d) Bank of Baroda
(e) Axis Bank Limited

Q15. Which Bank and Bajaj Allianz General Insurance have signed an agreement for the distribution of insurance products through the branches?
(a) Axis Bank
(b) Punjab National Bank
(c) Indian Bank
(d) Bank of Baroda
(e) ICICI Bank

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