Banking Awareness Questions for IBPS RRBs PO and Clerk 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. An FVCI can invest in an Indian company engaged in-

(a) Biotechnology

(b) Dairy industry

(c) Production of bio-fuels

(d) IT related to hardware and software development

(e) All of the above

Q2. If the shares or convertible debentures are not issued within __________ days from the date of receipt of the inward remittance or date of debit to NRE/FCNR(B)/Escrow account, the amount shall be refunded. 

(a) 210 days

(b) 150 days

(c) 180 days

(d) 120 days

(e) 90 days

Q3. FCCB is a type of corporate bond issued by an Indian company in an overseas market in a currency different from that of the issuer. FCCB stands for-

(a) Foreign Currency Convertible Board 

(b) Foreign Currency Convertible Banking 

(c) Foreign Currency Convertible Bond

(d) Foreign Currency Convertible Base 

(e) Foreign Currency Convertible Basel 

Q4. What is the meaning of “C” in ECB?

(a) Concourse

(b) Cashless

(c) Common

(d) Conclusion

(e) Commercial

Q5. ECB can be raised under Track-II for general corporate purpose (including working capital). The minimum average maturity period will be-

(a) 05 years

(b) 10 years

(c) 15 years

(d) 20 years

(e) 25 years

Q6. According to accepting public deposits, NBFCs can be classified into ____ broad categories.

(a) Two

(b) Three

(c) Four

(d) One

(e) Five

Q7. Which of the following is the country’s largest custodian and depository participant?

(a) CIBIL

(b) SEBI

(c) NABARD

(d) SHCIL

(e) None of the given options is true

Q8. StockHolding was incorporated as a Public Limited Company in- 

(a) 1995

(b) 1992

(c) 1986

(d) 1981

(e) 1979

Q9. StockHolding is a subsidiary of-

(a) IFCI Limited

(b) RBI

(c) Government of India

(d) SIDBI

(e) IDBI Limited

Q10. Which of the following is the parent organisation of UPI?

(a) RBI

(b) GOI

(c) NPCI

(d) PMMY

(e) SEBI

Q11. Which among the following sectors contributes most to the saving in India?

(a) Banking and financial sector

(b) Private corporate sector

(c) Export sector

(d) Household sector

(e) None of the given options is true

Q12. The EXIM bank of India was established in-

(a) 1964

(b) 1970

(c) 1982

(d) 1984

(e) 1992

Q13. In Banking terminology, NPA means-

(a) Non-Promise Account

(b) Non-Personal Account

(c) Non-Performing Asset

(d) Net-performing Asset

(e) Non-Performing Agency

Q14. Which of the following schemes has been launched for providing health services in rural areas?

(a) Operation Flood

(b) Look East

(c) SJSRY

(d) ASHA

(e) MGNREGA

Q15. Which of the following is NOT a banking related term?

(a) Radiation

(b) Outstanding Amount

(c) Explicit Guarantee

(d) Benchmark Prime Lending Rate

(e) None of the given options is true