Dear Readers,
Banking Awareness for IBPS Exam 2017
Just a month is left for IBPS RRB Mains It is time to pace up your preparation of Banking Awareness for IBPS RRB PO and Clerk Mains. These questions related to Banking Awareness will also help you in preparing for other upcoming banking recruitment examination.
Q1. Loan and Advances of a bank come under which of the following category?
(a) Assets
(b) Liabilities
(c) Deposits
(d) All of the Above
(e) None of the given options is true
Q2. RBI sold its stake in NABARD to the Government of India, which now holds _____ stake.
(a) Approx 65%
(b) Approx 70%
(c) Approx 95%
(d) Approx 99%
(e) Approx 24%
Q3. Which of the following is not available to depositors of NBFCs?
(a) Deposit Insurance facility
(b) Acquisition of shares
(c) Loans and Advances
(d) All of the Above
(e) None of the given options is true
Q4. NBFCs include ______
(a) loan company
(b) investment company
(c) asset finance company
(d) All of the Above
(e) None of the given options is true
Q5. India Infrastructure Finance Company Ltd (IIFCL) is a wholly-owned ____________ company set up in 2006.
(a) NABARD
(b) SEBI
(c) RBI
(d) Finance Ministry
(e) Government of India
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. The cheque which is truncated during the course of clearing cycle is called __________
(a) Stale Cheque
(b) Mutilated Cheque
(c) Self Cheque
(d) Truncated Cheque
(e) None of the given options is true
Q12. Person named in the instrument to whom or to whose order the money is to be paid is known as-?
(a) Drawer
(b) Drawee
(c) Payer
(d) Payee
(e) Receivable
Q13. National Housing Bank (NHB), a wholly owned subsidiary of the central bank (RBI) was established in 1988 under the-
(a) National Housing Bank Act, 1987
(b) National Housing Bank Act, 1988
(c) National Housing Bank Act, 1986
(d) National Housing Bank Act, 1985
(e) None of the given options is true
Q14. The Banking Ombudsman Scheme was introduced under __________ of the Banking Regulation Act, 1949 by RBI with effect from 1995.
(a) Section 25A
(b) Section 35A
(c) Section 45A
(d) Section 15A
(e) Section 55A
Q15. National Housing Bank (NHB), is an apex financial institution for housing, having headquarters in-?
(a) Mumbai
(b) New Delhi
(c) Bengaluru
(d) Hyderabad
(e) Kolkata
You may also like to Read:
- Get complete information about IBPS Clerk Notification 2017
- Banking Awareness Questions- Quiz for Bank Exams
- National Static Awareness
- International Static Awareness
- Check IBPS RRB PO Prelims Result Now
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