Banking Quiz for IBPS Clerk Mains and IPPB Officers Exam 2017

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

Q1. The Department of Posts, trading as India Post, is a government-operated postal system in India. The Department of Posts comes under- 

(a) Ministry of Commerce and Industry

(b) Ministry of Finance Department of Revenue

(c) Ministry of Finance & the Public Service

(d) Ministry of Communications and Information Technology

(e) Ministry of Home Affairs 

Q2. The Postal Service Board is ________ of the Department of Posts.

(a) apex management body

(b) regulatory management body 

(c) financial management body  

(d) statutory authority

(e) None of the given options is true

Q3. How many members are comprising in the Postal Service Board? 

(a) four

(b) three

(c) five 

(d) two

(e) six

Q4. For providing postal services, the whole country has been divided into _______ postal circles.

(a) 21

(b) 25

(c) 23

(d) 27

(e) 29

Q5. Who is present Secretary, Department of Posts & Chairperson of Postal Services Board?

(a) Meera Handa 

(b) Ananta Narayan Nanda

(c) Usha Chandra Sekhar

(d) Achla Bhatnagar

(e) Udai Krishna

Q6. Name the person who is not a member of Department of Postal Services Board?

(a) Mr Ajay Tyagi

(b) Ms Meera Handa

(c) Shri Tilak De

(d) Shri Vasumitra

(e) Ms Achla Bhatnagar

Q7. Name the scheme, which are designed to provide financial security to general people with guaranteed return on investment by department of posts.

(a) Government schemes

(b) Post office schemes

(c) Revenue saving scheme

(d) Financial security scheme

(e) Poor Financial Help scheme

Q8. If the claim is exceeding ___________ claims can be settled by legal evidence that is by probate of will or succession certificate in Post Office Saving Schemes?

(a) three lakh

(b) four lakh

(c) one lakh

(d) six lakh

(e) nine lakh

Q9. When there is no transaction in an Saving Bank (SB) account continuously for __________ financial years, the account will be treated as silent account in Post Office Saving Schemes.

(a) 2 financial years

(b) 5 financial years

(c) 4 financial years

(d) 3 financial years

(e) 1 financial years

Q10. A ___________ is an order issued by the Post Office for the payment of a sum of money to the person whose name the money order is sent through the agency of the Post Office.

(a) coin order

(b) saving order

(c) cheque order

(d) cash order

(e) money order

Q11. Most of working population of India is engaged in:

(a) Public sector

(b) Primary sector

(c) Secondary sector

(d) Tertiary sector

(e) None of the given options is true

Q12. Corporate tax is imposed by-

(a) State government

(b) Central government

(c) Both

(d) Local government

(e) RBI

Q13. ‘Shishu’, ‘Kishore’ and ‘Tarun’ are associated with-

(a) SBI

(b) RESERVE BANK

(c) IDBI

(d) MUDRA BANK

(e) NABARD

Q14. Mastricht treaty is related to

(a) Environment protection

(b) European unification

(c) WTO 

(d) Atomic power limitation

(e) None of the given options is true

Q15. National Income Estimate is prepared by-

(a) Department of Economics and affairs

(b) CSO (Central Statistical Organization)

(c) RBI

(d) Finance ministry

(e) SEBI