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. The FATF is an inter-governmental body. FATF stands for-

(a) Financial Action Task Forum

(b) Financial Action Task Fund

(d) Financial Agency Task Force

(e) Financial Action Task Force

Q2. ___________ is used to describe small loans granted to low-income individuals that are excluded from the traditional banking system.

(a) Industries credit

(b) Micro credit

(d) Farmer credit

(e) None of the given options is true

Q3. In which among the following year FATF was established?

(a) 1978

(b) 1982

(d) 1989

(e) 1962

Q4. Which year was declared as the ‘International Year of Microcredit’ by United Nations?

(a) 2002

(b) 2009

(d) 2011

(e) 2000

Q5. The market in which long-term securities such as stocks and bonds are bought and sold is commonly known as-

(a) Bullion Market

(b) Capital Market

(d) Money Market

(e) None of the given options is true

Q6. An Agreement to exchange one currency with another, at a specific rate of exchange is known as-

(a) Currency Swap

(b) ECB

(d) Bank Rate

(e) Import-Export

Q7. Bharatiya Reserve Bank Note Mudran Private Limited (BRBNMPL) was established as its wholly owned subsidiary on-

(a) 1988

(b) 1992

(d) 1995

(e) 1999

Q8. The BRBNMPL has been registered as a _____________ under the Companies Act 1956.

(a) Public Limited Company

(b) Foreign Limited Company

(d) All of the above

(e) None of the given options is true

Q9. Which of the following is an instrument used in India to facilitate the access to foreign money by Indian corporations and PSUs?

(a) Currency Swap

(b) ECB

(d) Bank Rate

(e) NRO

Q10. Where is the Corporate Office of Bharatiya Reserve Bank Note Mudran Private Limited (BRBNMPL)?

(a) Mumbai

(b) Kochin

(d) Hyderabad

(e) Bengaluru

Q11. Which among the following international organisation has announced its approval to a $329 million loan to build access roads across 4,000 villages in Gujarat recently?

(a) OPEC

(b) IMF

(d) ADB

(e) World Bank

Q12. Takehiko Nakao is present president of-

(a) Asian Development Bank

(b) World Bank

(d) International Monetary Fund

(e) Asian Infrastructure Investment Bank

Q13. Siemens AG opened its first digital factory in India, also the third globally after one each in Germany and China, as the industrial conglomerate pitches smart facilities to small and medium scale enterprises in the country. Siemens AG based in-

(a) Canada

(b) France

(d) Germany

(e) Japan

Q14. The Asian Development Bank (ADB) was conceived in the early __________ as a financial institution that would be Asian in character and foster economic growth and cooperation in one of the poorest regions in the world.

(a) 1950s

(b) 1960s

(d) 1970s

(e) 1980s

Q15. Who is the present president of the Asian Infrastructure Investment Bank (AIIB)?

(a) Li Keqiang

(b) Wang Yi

(d) Lou Jiwei

(e) Jin Liqun

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

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