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 of the following is the dimension of new 500 rupee note?

(a) 157 × 73 mm

(b) 66 × 150 mm

(c) 66 × 166 mm

(d) 147 × 73 mm

(e) None of the given options is true

Q2. Which of the following is the base colour of 2000 rupee note?

(a) Stone Grey

(b) Green

(c) Orange – Violet

(d) Magenta

(e) Red – Orange

Q3. Which of the following is the dimension of 2000 rupee note?

(a) 157 × 73 mm

(b) 66 × 150 mm

(c) 66 × 166 mm

(d) 147 × 73 mm

(e) None of the given options is true

Q4. Which of the following is the colour of new 500 rupee note?

(a) Stone Grey

(b) Green

(c) Orange– Violet

(d) Magenta

(e) Red– Orange

Q5. Which of the following features on the reverse of 2000 rupee note?

(a) Mangalyaan

(b) Himalaya Mountains

(c) Red Fort

(d) Parliament of India

(e) Tractor

Q6. Which of the following features on the reverse of 500 rupee note?

(a) Mangalyaan

(b) Himalaya Mountains

(c) Red Fort

(d) Parliament of India

(e) Tractor

Q7. ______ is a standard format of Bank Identifier Codes(BIC) for banks to identify banks and financial institutions globally.

(a) RTGS

(b) IFSC

(c) NEFT

(d) SWIFT

(e) None of the given options is true

Q8. How many codes are there in SWIFT code?

(a) 8

(b) 11

(c) 7

(d) Both (b) and (c)

(e) Both (a) and (b)

Q9. First 4 characters in the SWIFT code refers to-

(a) Bank Code

(b) Country Code

(c) Branch Code

(d) Location Code

(e) None of the given options is true

Q10. SWIFT stands for-

(a) Station for Worldwide Interbank Financial Telecommunication 

(b) Solution for Worldwide Interbank Financial Telecommunication 

(c) System for Worldwide Interbank Financial Telecommunication 

(d) Service for Worldwide Interbank Financial Telecommunication 

(e) Society for Worldwide Interbank Financial Telecommunication

Q11. The Head Quarters of SWIFT is located in-

(a) Bern, Switzerland

(b) La Hulpe, Belgium

(c) Geneva, Switzerland

(d) New York, USA

(e) Vienna Austria

Q12. What is the initial capital amount to start Small Finance Banks?

(a) 100 crore

(b) 200 crore

(c) 500 crore

(d) 1000 crore

(e) 5000 crore 

Q13. The promoters of Small Finance Banks should have _______ experience in banking and finance?

(a) 08 years

(b) 11 years

(c) 07 years

(d) 10 years

(e) 15 years

Q14. Which of the following is the first Regional Rural Bank of India?

(a) AP Grameena Vikas Bank

(b) Chaitanya Godavari

(c) Andhra Pragathi

(d) Prathama Bank

(e) Baroda UP Gramin Bank

Q15. India Post Payments Bank (IPPB) has been recently incorporated as a Public Limited Company under the Department of Posts with _______ equity.

(a) 100% GOI equity

(b) 50% GOI and 50% RBI

(c) 50% GOI, 25% RBI, 25% Sponsor Bank

(d) 50% Sponsor Bank and 50% RBI

(e) 50% GOI, 35% RBI, 15% Sponsor Bank

Banking Awareness Questions For NICL AO Mains Exam 2017 (Solutions)

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