Banking Awareness Questions for IBPS Clerk Mains 2017

Just a few days are left for IBPS Clerk Mains. It is time to pace up your preparation of Banking Awareness for IBPS SO and Clerk Mains. These questions related to Banking Awareness will also help you in preparing for other upcoming banking recruitment examination.

Q1. According to accepting public deposits, NBFCs can be classified into ____ broad categories.

(a) Two

(b) Three

(c) Four

(d) One

(e) Five

Q2. 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

Q3. StockHolding was incorporated as a Public Limited Company in- 

(a) 1995

(b) 1992

(c) 1986

(d) 1981

(e) 1979

Q4. StockHolding is a subsidiary of-

(a) IFCI Limited

(b) RBI

(c) Government of India

(d) SIDBI

(e) IDBI Limited

Q5. Which of the following is the parent organisation of UPI?

(a) RBI

(b) GOI

(c) NPCI

(d) PMMY

(e) SEBI

Q6. 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

Q7. Which of the following is the base color of 2000 rupee note?

(a) Stone Grey

(b) Green

(c) Orange – Violet

(d) Magenta

(e) Red – Orange

Q8. 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

Q9. Which of the following is the color of new 500 rupee note?

(a) Stone Grey

(b) Green

(c) Orange– Violet

(d) Magenta

(e) Red– Orange

Q10. 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

Q11. In which of the following types of banking, there is a direct execution of transaction between a bank and its consumers?

(a) Retail Banking

(b) Universal Banking

(c) Virtual Banking

(d) Unit Banking

(e) None of the given options is true

Q12. Maximum loan amount to individuals against physical security shares can be _____

(a) 30 lakh

(b) 15 lakh

(c) 25 lakh

(d) 50 lakh

(e) 10 lakh

Q13. The process by which the central bank of a country controls the supply of money in the economy by exercising its control over interest rates in order to maintain price stability and achieve high economic growth is known as:

(a) Economic Policy

(b) Monetary Policy

(c) Fiscal Policy

(d) Credit Policy

(e) Budgetary Policy

Q14. Loans granted by a bank to an exporter popularly known as ‘Export credit’ is guaranteed, in case of default,by which of the following

(a) EXIM Bank

(b) Ministry of International Trade, GOA

(c) ECGC

(d) DICGC

(e) None of the given options is true

Q15. Who amongst the following is the regulator in the financial system of the country?

(a) OIC

(b) SEBI

(c) CRISIL

(d) TRAN

(e) CERC

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