Banking Awareness Questions for NABARD Prelims Exam 2017

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

Q1. Which bank has tied up with PFG Forex for remittance facility for the benefit of Indian expatriates from Australia recently?

(a) Punjab National Bank

(b) Bank of Baroda

(c) State Bank of India

(d) Kotak Mahindra Bank

(e) South Indian Bank

Q2. The United Forum of Bank Unions has decided to observe July __________ the 48th anniversary of nationalisation of major banks, as ‘Save public sector banks’ day.

(a) July 18th 

(b) July 19th

(c) July 20th

(d) July 17th

(e) July 21st

Q3. Indus OS has partnered with __________ to launch OS-integrated UPI payment platform in India.

(a) IDFC Bank

(b) Axis Bank

(c) ICICI Bank

(d) YES Bank

(e) HDFC Bank

Q4. Where is the headquarter of South Indian Bank?

(a) Thrissur

(b) Bengaluru

(c) Kochi

(d) Chennai

(e) Pune

Q5. __________ is a payment system launched by National Payments Corporation of India and regulated by the Reserve Bank of India which facilitates the instant fund transfer between two bank accounts on the mobile platform.

(a) NACH

(b) BHIM

(c) UPI

(d) CPI

(e) BBPS

Q6. FSB is an international body for the global financial system, has placed India in the league of countries that are ‘compliant or largely compliant’ on the implementation of priority area reforms. FSB stands for-

(a) Fiscal Stability Board 

(b) Financial Solution Board 

(c) Financial Stability Bank

(d) Financial Stability Bureau

(e) Financial Stability Board

Q7. Who is the Chief Executive Offier (CEO) of YES Bank?

(a) Uday Kotak

(b) Chanda Kochhar

(c) Aditya Puri

(d) Rana Kapoor

(e) Shikha Sharma

Q8. Where is the Secretariat office of FSB?

(a) Paris, France

(b) New York, USA

(c) Basel, Switzerland

(d) Nairobi, Kenya

(e) London, UK

Q9. What is the meaning of “I” in UPI?

(a) International

(b) Interface

(c) Indian

(d) Institute

(e) Initial

Q10. The payments bank will be registered as a public limited company under the Companies Act, 2013 and licensed under Section 22 of-

(a) Banking Regulation Act, 1949

(b) Reserve Bank of India Act, 1934

(c) State Bank of India Act, 1955

(d) NABARD Act, 1981

(e) None of the given options is true

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

(c) AIIB

(d) ADB

(e) World Bank

Q12. Takehiko Nakao is present president of-

(a) Asian Development Bank

(b) World Bank

(c) New Development 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

(c) China

(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

(c) 1940s

(d) 1970s

(e) 1980s

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

(a) Li Keqiang

(b) Wang Yi

(c) Xie Xuren 

(d) Lou Jiwei 

(e) Jin Liqun

Banking Awareness Questions for NABARD Prelims Exam 2017 (Solutions)