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Banking Awareness Questions for IBPS RRBs PO and Clerk Exam 2017

Dear Readers,

Banking-Awareness-Questions-for-IBPS-RRBs-Exam-2017
Banking Quiz for IBPS Exam 2017
Just a few months are left for IBPS RRBs Mains It is time to pace up your preparation of Banking Awareness for IBPS RRB PO and Clerk Mains. These Banking questions will also help you in preparing for other upcoming banking recruitment examination.

Q1. __________ an asset, including a leased asset, becomes non­ performing when it ceases to generate income for the bank.
(a) NPA
(b) KCC
(c) NPV
(d) GDP
(e) GNP

Q2. NPA stands for- 
(a) National ­performing Assets 
(b) New ­performing Assets 
(c) Non ­production Assets 
(d) Non ­performing Assembly
(e) Non ­performing Assets

Q3. MUDRA is a financial institution has been set up by Government of India for development and refinancing micro units’ enterprises. What is the meaning of “A” in MUDRA?
(a) Agency
(b) Association
(c) Assembly
(d) Agent
(e) Alert
Q4. MUDRA stands for- 
(a) Micro Units Development & Refinance Agent
(b) Medium Units Development & Refinance Association
(c) Micro Units Department & Refinance Agency 
(d) Micro Units Development & Refinance Agency
(e) Micro Unique Development & Refinance Assembly
Q5. India was one of the first in Asia to recognize the effectiveness of the EPZ model in promoting exports. EPZ stands for-
(a) Export Point Zone
(b) External Processing Zone
(c) Export Production Zone
(d) Export Processing Zone
(e) Export Processing Zonal

Q6. The New Development Bank (NDB) aims to mobilize resources for development projects in BRICS, emerging economies and developing countries. Where is the headquartered of NDB?
(a) Durban, South Africa
(b) Brasilia, Brazil 
(c) Moscow, Russia
(d) Shanghai, China
(e) New Delhi, India
Q7. With an initial funding of $912.7 million, International Development Association (IDA) was launched on-
(a) 24th September 1960
(b) 17th December 1920
(c) 22nd November 1959
(d) 23rd May 1919
(e) 15th October 1945
Q8. NIBM was established in ____________________ by the Reserve Bank of India, in consultation with the Government of India, as an autonomous apex institution for research, training, education and consultancy in bank management.
(a) 1982
(b) 1949
(c) 1921
(d) 1934
(e) 1969
Q9. NIBM is part of the grand vision of giving a new direction to the banking industry in India and making the industry a more cost-effective instrument for national development. NIBM stands for-
(a) Non-Organisation Institute of Bank Management
(b) National Institute of Bureau Management 
(c) National Investment of Bank Management
(d) National Institute of Bank Management
(e) None of the given options is true

Q10. NIBM, an autonomous academic institution, is governed by a Board, its highest policy-making body. Where is the headquartered of NIBM?
(a) Nashik, Maharashtra
(b) Pune, Maharashtra
(c) Mumbai, Maharashtra
(d) Kolhapur, Maharashtra
(e) Nagpur, Maharashtra
Q11. MUDRA gives loan in how many categories?
(a) Two
(b) One
(c) Three
(d) Four
(e) Six
Q12. Which among the following is not a loan category of MUDRA bank?
(a) Shishu
(b) Arun
(c) Kishor
(d) Tarun
(e) None of the given options is true
Q13. SEZs Policy was announced in _________ with the objective of making the SEZs an engine for economic growth, supported by quality infrastructure and an attractive fiscal package both at the Central and State level with a single window clearance.
(a) December 1999
(b) October 2010
(c) January 2005
(d) July 1991
(e) April 2000
Q14. The main objectives of the SEZ act are-
(a) Generation of additional economic activity 
(b) Promotion of exports of goods and services
(c) Promotion of investment from domestic and foreign sources 
(d) Creation of employment opportunities
(e) All of the above
Q15. With effect from 31 March 2005, a ______________ would be one, which has remained NPA for a period less than or equal to 12 months
(a) Sub­standard Assets
(b) Profit Assets
(c) Doubtful Assets
(d) Loss Assets
(e) None of the given options is true

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