Banking Awareness Questions for IBPS RRBs PO and Clerk Exam 2017 |

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Banking Awareness 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. Exide Life Insurance has announced a partnership with Punjab & Maharashtra Co-operative Bank (PMC Bank) to offer its protection and savings products to the latter’s customers. Where is the registered office of Punjab & Maharashtra Co-operative Bank?

(a) Chandigarh

(b) Ahmedabad

(d) Mumbai

(e) Pune

Q2. SBI Life Insurance has received approval from the Securities and Exchange Board of India (SEBI) for an IPO of up to Rs 8,400 crore ($1.3 billion) recently. IPO stands for-?

(a) Initial Public Offering

(b) Indian Public Offering

(d) Initial Partnership Offering

(e) Initial Public Order

Q3. The Asian Development Bank (ADB) will provide a USD 152 million to _________ for the implementation and enhancement of its power transmission and distribution.

(a) Bangladesh

(b) Pakistan

(d) Bhutan

(e) Nepal

Q4. ICICI Lombard General Insurance Company has got capital markets regulator SEBI’s go-ahead for its estimated Rs 6,000 crore IPO. SEBI was set up on-

(a) 12th April 1972

(b) 12th April 1993

(d) 12th April 1986

(e) 12th April 1956

Q5. The CPI or retail inflation rose 3.36 percent in August 2017 from a year earlier, government data showed. The current rate of inflation is the highest in five months. CPI stands for-?

(a) Consumer Price Input

(b) Consumer Price Index

(d) Customer Price Index

(e) Commerce Price Index

Q6. US banking regulators ordered Habib Bank to shutter its New York office after nearly 40 years, for repeatedly failing to heed concerns over possible terrorist financing and money laundering. Habib Bank based in-

(a) Pakistan

(b) Syria

(d) UAE

(e) Canada

Q7. Which among the following public sector Banks and state-run firm BSNL teamed up to roll out open mobile wallet Speedpay across 10 states in the country.

(a) State Bank of India

(b) Punjab National Bank

(d) Bank of Baroda

(e) Central Bank of India

Q8. According to the RBI Data, India’s foreign-exchange reserves rose past $400 billion for the first time ever, strengthening policymakers’ buffers ahead of an expected reduction in US stimulus. Who is present Governor of RBI?

(a) Arvind Mayaram

(b) Raghuram Rajan

(d) YV Reddy

(e) Rajiv Mehrishi

Q9. Private sector lender ___________ and India’s second largest Microfinance company Bharat Financial Inclusion have signed a confidentiality agreement for the proposed merger between them.

(a) Federal Bank

(b) Kotak Mahindra Bank

(d) IndusInd Bank

(e) Axis Bank

Q10. HDFC Bank surpassed Tata Consultancy Services (TCS) to become the country’s second most valued firm in terms of market valuation on the BSE. Which company is the country’s most valued firm with a market cap of Rs. 5,33,818.72 crore on the BSE?

(a) Infosys Limited

(b) Oil and Natural Gas Corporation Limited

(d) Tata Power

(e) Reliance Industries Limited

Q11. Who has been appointed the chairman-cum-managing director (CMD) of the United India Insurance Company Limited?

(a) Balraj Joshi

(b) M Nagaraja Sarma

(d) Gautam Bambawale

(e) Rajiv Mehrishi

Q12. Sunil Mittal-driven Airtel Payments Bank integrated the UPI on its digital platform, allowing customer choice and convenience to facilitate secure digital payments. What is the meaning of “I” in UPI?

(a) International

(b) Industrial

(d) Initial

(e) Interface

Q13. Which Bank has launched its mobile banking app called BPay recently?

(a) AU Small Finance Bank

(b) India Post Payments Bank

(d) Airtel Payments Bank

(e) ICICI Bank

Q14. The World Health Organization (WHO) has released its first tranche of emergency funding of $175,000 to provide life-saving healthcare to the “vulnerable population” in Bangladesh’s Cox’s Bazar. Where is the Head Office of WHO?

(a) Geneva, Switzerland

(b) London, UK

(d) Nairobi, Kenya

(e) New York, USA

Q15. World trade in goods is estimated to grow at a higher __________ in 2017 compared to 1.6 percent increase in 2016, according to revised estimates circulated by the World Trade Organisation.

(a) 2.4 percent

(b) 4.1 percent

(d) 3.6 percent

(e) 2.6 percent

Banking Awareness Questions for IBPS RRB PO and Clerk Exam 2017 (Solutions)

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