Dear Readers,
Banking Awareness for IBPS Exam 2017
Just a few days are left for IBPS PO Mains. It is time to pace up your preparation of Banking Awareness for IBPS PO and Clerk Mains. These questions related to Banking Awareness will also help you in preparing for other upcoming banking recruitment examination.
Q1. Who is the present Managing Director (MD) of HDFC Bank?
(a) Rajnish Kumar
(b) Uday Kotak
(c) Shikha Sharma
(d) Chanda Kochha
(e) Aditya Puri
Q2. Which among the following insurance comapany and Apollo Munich Health have come together to launch ‘Click2Protect Health plan’, which provides both life and health cover under a single plan?
(a) Aviva Insurance company
(b) MetLife insurance company
(c) Sun Life Financial
(d) HDFC Life Insurance
(e) ING Group
Q3. Where is the headquarters of Asian Development Bank (ADB)?
(a) New Delhi, India
(b) Beijing, China
(c) Manila, Philippines
(d) Tokyo, Japan
(e) Nairobi, Kenya
Q4. The government has kept unchanged the interest rates on small savings schemes like PPF, Kisan Vikas Patra and Sukanya Samriddhi for October-December quarter. Sukanya Samriddhi Account can be opened up to age of _______ years only from the date of birth.
(a) 5 years
(b) 10 years
(c) 15 years
(d) 20 years
(e) 25 years
Q5. Which Bank has entered into an MoU with Hindustan Petroleum Corporation Ltd (HPCL) for enabling all HPCL retail outlets with BHIM/UPI merchant solutions?
(a) Vijaya Bank
(b) Corporation Bank
(c) Bank of India
(d) State Bank of India
(e) Bank of Baroda
Q6. _________ account is opened by the investor while registering with an investment broker.
(a) Fixed Deposit Account
(b) Savings Bank Account
(c) Recurring Account
(d) Demat Account
(e) None of the given options is true
Q7. Which of the following bank launches India’s first Mobile ATM?
(a) HDFC Bank
(b) Axis Bank
(c) ICICI Bank
(d) SBI
(e) Bank of Baroda
Q8. World’s first Bitcoin ATM located in-
(a) US
(b) Brazil
(c) Canada
(d) UK
(e) Japan
Q9. _______ is a financial market in which share prices are rising or expected to rise.
(a) Bear Market
(b) Bull Market
(c) Pig Market
(d) High Market
(e) None of the given options is true
Q10. Who was known as the “Father of Modern Economics”?
(a) Amartya Sen
(b) Karl Marx
(c) Adam Smith
(d) George Loewenstein
(e) None of the given options is true
Q11. Who among the following regulates the Indian Corporate Debt Market?
(a) RBI
(b) NABARD
(c) SIDBI
(d) SEBI
(e) PFRDA
Q12. _______ is an integrated bill payment system which will offer inter operable bill payment service to customers online as well as through a network of agents on the ground.
(a) BBPS
(b) IMPS
(c) AEPS
(d) APBS
(e) None of the given options is true
Q13. To become BBPOUs, Banks and non-bank entities are mandatorily required to apply for approval/authorisation to Reserve Bank of India under ________
(a) Payment and Settlement Systems (PSS) Act 2007
(b) Foreign Exchange Management Act, 1999
(c) Banking Regulation Act, 1949
(d) SARFAESI Act, 2002
(e) None of the given options is true
Q14. Which of the following will function as the Bharat Bill Payment Central Unit (BBPCU), single authorized entity operating the BBPS?
(a) RBI
(b) NPCI
(c) GOI
(d) SEBI
(e) NABARD
Q15. As per the Reserve Bank of India, BBPS will initially accept utility bill payments such as-
(a) Telephone Bill
(b) Electricity Bill
(c) DTH services
(d) All of the Above
(e) None of the given options is true
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