Banking Awareness Questions for IBPS RRBs PO and Clerk Exam 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. HDFC Life Insurance Company has launched ____________ a servicing bot for Twitter that uses artificial intelligence for customer service.
(a) Ping
(b) Seog
(c) Neo
(d) Jong
(e) Meen

Q2. The Reserve Bank of India opened a branch in which city to make transactions of the Uttarakhand State government more convenient?
(a) Mussoorie
(b) Rishikesh
(c) Nainital
(d) Haridwar
(e) Dehradun

Q3. Private insurer Tata AIA Life announced the launch of ‘Eazy Connect’, that will extend online customer service to social media platforms. Tata AIA Life) is a joint venture company, formed by-
(a) Tata Sons Limited
(b) AIA Group Limited
(c) Bajaj Allianz
(d) Both (a) and (b)
(e) Both (b) and (c)

Q4. Asian Development Bank (ADB) has downgraded India’s growth projection to __________ for the current fiscal (2017-18) while lowering its forecast for the next financial year as well.
(a) 7.00 percent
(b) 7.10 percent
(c) 7.30 percent
(d) 7.90 percent
(e) 7.60 percent

Q5. The Asian Development Bank will increase its annual lending to India to a maximum of how much billion between 2018 and 2022 to help fasten inclusive economic transformation towards upper middle-income status.
(a) $6 billion 
(b) $4 billion
(c) $10 billion 
(d) $15 billion 
(e) $1 billion 

Q6. Who is the present Managing Director (MD) of HDFC Bank?
(a) Rajnish Kumar
(b) Uday Kotak
(c) Shikha Sharma
(d) Chanda Kochhar
(e) Aditya Puri

Q7. Which among the following insurance company and Apollo Munich Health has come together to launch ‘Click2Protect Health plan’, which provides both life and health cover under a single plan?
(a) Aviva Insurance Company
(b) MetLife insurance company
(c) Sun Life Financial
(d) HDFC Life Insurance
(e) ING Group

Q8. Where is the headquarters of Asian Development Bank (ADB)? 
(a) New Delhi, India
(b) Beijing, China
(c) Manila, Philippines
(d) Tokyo, Japan
(e) Nairobi, Kenya

Q9. The government has kept unchanged the interest rates on small savings schemes like PPF, Kisan Vikas Patra and Sukanya Samriddhi for October-December quarter. Sukanya Samriddhi Account can be opened up to the age of _______ years only from the date of birth.
(a) 5 years
(b) 10 years
(c) 15 years
(d) 20 years
(e) 25 years

Q10. Which Bank has entered into an MoU with Hindustan Petroleum Corporation Ltd (HPCL) for enabling all HPCL retail outlets with BHIM/UPI merchant solutions?
(a) Vijaya Bank
(b) Corporation Bank
(c) Bank of India
(d) State Bank of India
(e) Bank of Baroda

Q11. The Reserve Bank of India (RBI) is to launch a financial literacy drive in 80 blocks in nine states on the pilot basis to educate people on e-transactions, formal sector borrowings and insurance purchases. What is the aim of this drive? 
(a) To inculcate the habit of making a household budget and recording financial transactions
(b) Encourage transactions in savings accounts
(c) Active saving by depositing in banks through fixed deposits and recurring deposits
(d) All of the above is the aim of this drive
(e) Refers to the efficient and effective management of money (funds) in such a manner as to accomplish the objectives

Q12. Senior Citizen Savings Scheme (SCSS) Account is an individual of the Age of ________ or more may open the account.
(a) 60 years
(b) 55 years 
(c) 70 years 
(d) 50 years 
(e) 65 years 

Q13. In the Fourth Bi-monthly Monetary Policy Statement 2017-18, the Monetary Policy Committee (MPC) has decided to keep the policy repo rate under the liquidity adjustment facility (LAF) unchanged at-? 
(a) 5.50 percent
(b) 5.75 percent
(c) 6.25 percent
(d) 6.50 percent
(e) 6.00 percent

Q14. RBI has notified that P2P lending platforms need to be regulated and treated on par with Non-Banking Financial Companies (NBFCs). P2P stands for-
(a) Product-to-Product
(b) Peer-to-Peer
(c) Person-to-Person
(d) Primary-to-Primary
(e) Priority-to-Priority

Q15. Which among the following organisation has allowed Infrastructure Investment Trusts (InvITs) and Real Estate Investment Trusts (REITs) to raise capital by issuing debt securities?
(c) SEBI
(e) RBI

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