Banking Awareness Questions for IBPS RRBs PO and Clerk Exam 2017

Banking Quiz 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. Which among the following countries has contributed $100,000 to a UN fund to help developing countries actively participate in the discussion of tax issues, becoming the first country to make the contribution?

(a) India

(b) UK

(c) Austria

(d) Canada

(e) China

Q2. Which bank has started insolvency resolution process against Lanco Infratech Ltd. following a directive from the Reserve Bank of India (RBI), While this is the first resolution process initiated by the lenders against 12 large borrowers identified by the RBI recently?

(a) State Bank of India

(b) IDBI Bank 

(c) Punjab National Bank

(d) Bank of India

(e) ICICI Bank

Q3. Stepping up its fight against tax evasion, the Centre has made it mandatory to quote the Aadhaar number for opening bank accounts and for transactions exceeding-

(a) Rs.10,000

(b) Rs.80,000

(c) Rs.50,000

(d) Rs.1,00,000

(e) Rs.1,50,000

Q4. The Reserve Bank of India has initiated PCA on Bank of Maharashtra placing a restriction on the banking activities. What is the meaning of “A” in PCA?

(a) Against

(b) Assets

(c) Association

(d) Action

(e) Agency

Q5. Which among the following international organisation has cleared a USD 250-million loan for making Indian youth more employable through re-skilling, in a move that is seen to aid the Skill India Mission?

(a) Asian Development Bank (ADB)

(b) World Trade Organization (WTO)

(c) Asian Infrastructure Investment Bank (AIIB)

(d) International Monetary Fund (IMF)

(e) World Bank (WB)

Q6. Where is the headquarter of SBI?

(a) Mumbai

(b) Chennai

(c) Kolkata

(d) New Delhi

(e) Pune

Q7. After the merger of Associates of SBI, the total customer base of the bank reaches _____ crore. 

(a) 41 crore

(b) 37 crore

(c) 34 crore

(d) 47 crore

(e) 53 crore

Q8. Name the person, who is present Chairman of State Bank of India (SBI)?

(a) B Sriram 

(b) Rajnish Kumar 

(c) Arundhati Bhattacharya

(d) Dinesh Kumar Khara 

(e) PK Gupta 

Q9. After the merger of Associates of SBI, nearly _________ ATMs across the country.

(a) 63,000 ATMs

(b) 47,000 ATMs

(c) 51,000 ATMs

(d) 59,000 ATMs

(e) 42,000 ATMs

Q10. Which among the following Bank is not merged with State Bank of India (SBI) in April 2017?

(a) State Bank of Bikaner and Jaipur (SBBJ)

(b) State Bank of Mysore (SBM)

(c) State Bank of Travancore (SBT)

(d) State Bank of Patiala (SBP)

(e) State Bank of Indore (SBI)

Q11. Which organisation holding the highest/maximum share in NABARD as on 31st March 2016?

(a) Finance Ministry 

(b) Government of India

(c) Reserve Bank of India

(d) Securities and Exchange Board of India

(e) None of the given options is true

Q12. Who is the present Chairman of SEBI?

(a) Ajay Tyagi

(b) Kshatrapati Shivaji

(c) Yaduvendra Mathur

(d) Shaktikanta Das

(e) Urjit Patel

Q13. At the instance of Government of India Reserve Bank of India (RBI) was constituted a committee to review the arrangements for institutional credit for agriculture and rural development (CRAFICARD) on 30 March 1979, under the Chairmanship of-

(a) V K Malhotra

(b) C Rangarajan

(c) B Sivaraman

(d) Hilton Young

(e) None of the given options is true

Q14. The Government of India, the concerned State Government and the bank, which had sponsored the RRB contributed to the share capital of RRBs in the proportion of ________________ respectively. 

(a) 50%, 15% and 35%

(b) 50%, 35% and 15% 

(c) 35%, 50% and 35% 

(d) 15%, 50% and 35% 

(e) None of the given options is true

Q15. Regional Rural Banks (RRBs) were established in 1975 under the provisions of the Ordinance promulgated on the 26th September 1975 and followed by which act?

(a) Companies Act, 1956

(b) RRBs Act, 1976

(c) RBI Act, 1935

(d) Banking Regulation Act, 1949

(e) None of the given options is true

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