Banking Awareness Questions For NICL AO Mains Exam 2017

Just a few days are left for NICL AO Exam. It is time to pace up your preparation of Banking Awareness for NICL AO Mains Exam. These Banking questions will also help you in preparing for other upcoming banking recruitment examination.

Q1. Which Bank has launched 10-second paperless instant loan Scheme?

(a) HDFC

(b) SBI

(c) PNB

(d) IDBI

(e) ICICI

Q2. Which among the following organisation to provide Rs 30,000 crore credit to farmers for irrigation?

(a) NABARD

(b) RBI

(c) SBI

(d) PNB

(e) SIDBI

Q3. Which of the following bodies regulates the Regional Rural Banks?

(a) Union Government

(b) SBI

(c) RBI

(d) NABARD

(e) SIDBI

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?

(a) IRDA

(b) RBI

(c) SBI

(d) World Bank

(e) SEBI

Q6. Which among the following Banks has launched ‘Saral-Rural Housing Loan’ Scheme for weaker sections?

(a) ICICI Bank

(b) SBI

(c) PNB

(d) Syndicate Bank

(e) Axis Bank

Q7. 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

Q8. 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

Q9. 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

Q10. 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 tax payer

(c) Proof of address

(d) Proof of date of birth

(e) None of the given options is true

Q11. Which among the following sectors contributes most to the saving in India?

(a) Banking and financial sector

(b) Private corporate sector

(c) Export sector

(d) Household sector

(e) None of the given options is true

Q12. The EXIM Bank of India was established in-

(a) 1964

(b) 1970

(c) 1982

(d) 1984

(e) 1992

Q13. In banking terminology, NPA means-

(a) Non-Promise Account

(b) Non-Personal Account

(c) Non-Performing Asset

(d) Net-performing Asset

(e) Non-Performing Agency

Q14. Which of the following schemes has been launched for providing health services in rural areas?

(a) Operation Flood

(b) Look East

(c) SJSRY

(d) ASHA

(e) MGNREGA

Q15. Which of the following is NOT a banking related term?

(a) Radiation

(b) Outstanding Amount

(c) Explicit Guarantee

(d) Benchmark Prime Lending Rate

(e) None of the given options is true

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