Banking Awareness Questions for IBPS RRBs 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 Bank has launched 10-second paperless instant loan Scheme?

(a) HDFC

(b) SBI

(c) PNB

(d) IDBI

(e) ICICI

Q2. Which among the following organisation to provide Rs 30,000 crore credit to farmers for irrigation?

(a) NABARD

(b) RBI

(c) SBI

(d) PNB

(e) SIDBI

Q3. Which of the following bodies regulates the Regional Rural Banks?

(a) Union Government

(b) SBI

(c) RBI

(d) NABARD

(e) SIDBI

Q4. Which among the following banks has launched the First Multi-Currency Contactless Card service in India?

(a) HDFC Bank

(b) Axis Bank

(c) State Bank of India

(d) Punjab National Bank

(e) ICICI Bank

Q5. Name the organisation, which has allows Banks to tie up with insurers?

(a) IRDAI

(b) RBI

(c) SBI

(d) World Bank

(e) SEBI

Q6. ___________ to provide guaranteed clearing and settlement functions for transactions in Money, G-Secs, Foreign Exchange and Derivative markets.

(a) NPCI

(b) SEBI

(c) GOI

(d) RBI

(e) CCIL

Q7. _________ will be authorised operational entities, adhering to the standards for facilitating bill payments online as well as through a network of agents, on the ground.

(a) BBPCU

(b) BBPOU

(c) Biller Payment

(d) Creditor

(e) Assets and Liabilities

Q8. ___________ a/an electronic trading platform, operated by the Reserve Bank of India, used to facilitate the exchange of government securities and other money market instruments. 

(a) Delivery versus Payment (DvP)

(b) Negotiated Dealing System (NDS)

(c) Risk mitigation

(d) Competition Commission of India (CCI)

(e) None of the given options is true

Q9. The Clearing Corporation of India Ltd. (CCIL) was set up in-

(a) December 2010

(b) February 1995

(c) September 2006

(d) April 2001

(e) March 1999

Q10. Which of the following is the mode of settlement of securities where in the transfer of securities and funds happen simultaneously?

(a) Delivery versus Payment (DvP)

(b) Negotiated Dealing System

(c) Clearing Corporation of India Ltd. (CCIL)

(d) All of the Above

(e) None of the given options is true

Q11. Which of the following is the dimension of new 500 rupee note?

(a) 157 × 73 mm

(b) 66 × 150 mm

(c) 66 × 166 mm

(d) 147 × 73 mm

(e) None of the given options is true

Q12. Which of the following is the base colour of 2000 rupee note?

(a) Stone Grey

(b) Green

(c) Orange – Violet

(d) Magenta

(e) Red – Orange

Q13. Which of the following is the dimension of 2000 rupee note?

(a) 157 × 73 mm

(b) 66 × 150 mm

(c) 66 × 166 mm

(d) 147 × 73 mm

(e) None of the given options is true

Q14. Which of the following is the colour of new 500 rupee note?

(a) Stone Grey

(b) Green

(c) Orange– Violet

(d) Magenta

(e) Red– Orange

Q15. Which of the following features on the reverse of 2000 rupee note?

(a) Mangalyaan

(b) Himalaya Mountains

(c) Red Fort

(d) Parliament of India

(e) Tractor

Banking Awareness Questions for IBPS RRBs Exam 2017 (Solutions)