Dear Readers,
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.
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. PSLCs are tradable certificates issued against priority sector loans of banks. What does meaning of “Cs” in PSLCs?
(a) Cess
(b) Cities
(c) Census
(d) Certificates
(e) None of the given options is true
Q2. The Banking Ombudsman Scheme is introduced under Section 35 A of the Banking Regulation Act, 1949 by RBI with effect from –
(a) 1995
(b) 1999
(c) 1990
(d) 1982
(e) 1988
Q3. MTSS is a way of transferring personal remittances from abroad to beneficiaries in India. What does MTSS stand for-?
(a) Mobile Transfer Service Scheme
(b) Money Transfer System Scheme
(c) Money Timing Service Scheme
(d) Market Transfer Service Scheme
(e) Money Transfer Service Scheme
Q4. How much cash can payment be made to the beneficiary in India under MTSS?
(a) Rs 2,00,000
(b) Rs 50,000
(c) Rs 1,00,000
(d) Rs 10,000
(e) None of the given options is true
Q5. RDA is a channel to receive cross-border remittances from overseas jurisdictions. What does meaning of “A” in RDA?
(a) Account
(b) Assembly
(c) Arrangement
(d) Association
(e) Amount
Q6. NSDL is the first and largest depository in India, established in-
(a) August 2003
(b) August 1991
(c) August 1989
(d) August 1999
(e) August 1996
Q7. A Public Provident Fund (PPF) account holder can deposit a maximum of-
(a) 1.5 Lakhs
(b) 2.5 Lakhs
(c) 1.0 Lakh
(d) 3.5 Lakhs
(e) 5.0 Lakhs
Q8. Where is the headquarters of Paschim Banga Gramin Bank?
(a) Howrah, West Bengal
(b) Nagpur, Maharashtra
(c) Dumka, Jharkhand
(d) Bolangir, Odisha
(e) Bathinda, Punjab
Q9. National Securities Depository Limited is an Indian central securities depository based in _______
(a) New Delhi
(b) Chennai
(c) Hyderabad
(d) Mumbai
(e) Bengaluru
Q10. The Board of Industrial and Financial Reconstruction (BIFR) came into existence in-
(a) 1999
(b) 1995
(c) 1991
(d) 1987
(e) 1982
Q11. What is the purpose of KYC in banking?
(a) It is used for customer identification
(b) It is used for increasing the CRR of banks
(c) It is used against money laundering
(d) It is used by the central bank to control liquidity
(e) Both (a) and (c)
Q12. Which of the following types of cards is free from credit risk?
(a) Credit card
(b) Debit Card
(c) Prepaid Cards
(d) Charge Cards
(e) Both (c) and (d)
Q13. FATF is an inter-governmental body established in __________ by the Ministers of its Member jurisdictions.
(a) 1999
(b) 1976
(c) 1982
(d) 1995
(e) 1989
Q14. Where is the headquarter of FATF?
(a) New York, USA
(b) Paris, France
(c) Geneva, Switzerland
(d) Italy, Rome
(e) Vienna, Austria
Q15. Head quarters of National Council of Applied Economic Research (NCAER) is located in ______
(a) Mumbai
(b) New Delhi
(c) Hyderabad
(d) Chennai
(e) Kolkata
You may also like to Read:
- Banking Awareness Questions- Quiz for Bank Exams
- National Static Awareness
- International Static Awareness
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