Banking Awareness Questions for IBPS RRBs 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. Which among the following banks has launched a Multi-currency Forex Card for overseas travellers recently?

(a) South Indian Bank

(b) ICICI Bank

(c) Kotak Mahindra Bank

(d) Standard Chartered Bank

(e) Yes Bank

Q2. SIDBI has started full-fledged merchant banking operations to benefit the expanding number of growth-oriented MSMEs, especially those with a strong technology and innovation quotient. What is the meaning of “D” in SIDBI?

(a) Development

(b) Department

(c) District

(d) Doing

(e) None of the given options is true

Q3. Aurionpro Solutions a global leader in digital innovation, enterprise security and banking solutions, announced its Branch-in-a-Box product, the VTM a fully integrated self-service kiosk for automating 90% of banking transactions at the branch level. VTM stands for-

(a) Virtual Truncated Machine 

(b) Vehicle Teller Machine 

(c) Virtual Timer Machine 

(d) Virtual Teller Management 

(e) Virtual Teller Machine

Q4. Reserve Bank of India (RBI) has set up Supervisory Colleges for six Scheduled Commercial Banks which have sizeable international presence recently. Which among the following Banks is not them?

(a) State Bank of India

(b) ICICI Bank Limited

(c) Indian Overseas Bank

(d) Bank of Baroda

(e) Axis Bank Limited

Q5. Which Bank and Bajaj Allianz General Insurance have signed an agreement for the distribution of insurance products through the branches?

(a) Axis Bank

(b) Punjab National Bank

(c) Indian Bank

(d) Bank of Baroda

(e) ICICI Bank

Q6. Standard Chartered Bank based in-

(a) London

(b) Paris

(c) New York

(d) Tokyo

(e) Sydney

Q7. Who is the present Chief Executive Officer and Managing Director of Punjab National Bank?

(a) Usha Ananthasubramanian

(b) Sunil Mehta

(c) Rakesh Sethi

(d) Melwyn O Rego

(e) None of the given options is true

Q8. Where is the Head Office of SIDBI?

(a) Chennai

(b) New Delhi

(c) Lucknow

(d) Mumbai

(e) Kolkata

Q9. Which among the following Banks has announced the acquisition of Snapdeal-owned mobile payments provider Freecharge in an all-cash deal worth Rs385 crore?

(a) Bandhan Bank

(b) Kotak Mahindra Bank

(c) HDFC Bank

(d) Axis Bank

(e) ICICI Bank

Q10. ____________ refer to both scheduled and non-scheduled commercial banks which are regulated under Banking Regulation Act, 1949.

(a) State Bank of India and its Associates

(b) Foreign Banks

(c) Regional Rural Banks

(d) Nationalised Banks

(e) Commercial Banks

Q11. Who is the present MD and CEO of Axis Bank?

(a) Naina Lal Kidwai

(b) Chanda Kochhar

(c) Aditya Kapur

(d) Shikha Sharma

(e) Usha Ananthasubramanian

Q12. Economic Affairs Secretary Subhash Chandra Garg has been appointed as India’s Alternate Governor to the Board of Governors of-

(a) Asian Development Bank

(b) International Monetary Fund

(c) World Bank

(d) New Development Bank

(e) Asian Infrastructure Investment Bank 

Q13. Who is present Managing Director and Chief Executive Officer of Oriental Bank of Commerce?

(a) Gopal Baglay

(b) Raveesh Kumar

(c) Ajay Kanwal

(d) Animesh Chauhan

(e) Mukesh Kumar Jain

Q14. According, to Asian Development Bank supplement report India is expected to achieve the projected growth rate of_____ per cent in 2017.

(a) 7.6 per cent

(b) 7.4 per cent

(c) 7.2 per cent

(d) 7.8 per cent

(e) 7.0 per cent

Q15. Where is the Head Office of Asian Development Bank (ADB)?

(a) Moscow, Russia

(b) Manila, Philippines

(c) Beijing, China

(d) Tokyo, Japan

(e) New Delhi, India

Banking Awareness Questions for IBPS RRBs Exam 2017 (Solutions)