BANKING AWARENESS FOR IBPS PO AND CLERK EXAMS SET 7

Here are some Questions on Banking Awareness for IBPS PO and Clerical exam. Banking Awareness for IBPS exams is important section and you can easily score well in this section.

BANKING AWARENESS FOR IBPS

Set 7 Banking awareness For IBPS exams

 
1. Periodically Reserve Bank of India (RBI) reviews a few SLR norms. SLR stands for?
A.Statutory Liquidity Ratio
B.Statutory Liquidity Rate
C.Statutotry Liquidity Return
D.Statutotry Liquidity Repo
E.None of the above

2. In recent months, Indian Rupee depreciated heavily against US Dollar. Rupee depreciation means?
A.Value of Rupee decreasing against a basket of currencies
B.Less number of Rupees per US Dollar
C.Less number of Dollars per rupee
D.More number of rupees per US Dollar
E.None of the above

3. In India, commodity Market is regulated by-
A.Forward Market commission
B.Forward Market committee
C.Forward Market corporation
D.Forward market Council
E.None of the above

4. Food Security Bill is recently passedin Parliament. What does the food Security bill intend to achieve?
A.Atleast 3kg offood grains perperson per month to be given to general category households at, at pricesnot exceeding 50% of Minimum Support price
B.Upto 75% of the rural population and upto 50% of urban population are to be covered
C.Children aged six months to 14 years would get take-home ration or hot cookedd food
D.The oldest adult woman in each house would be considered and the head of that household when issuing the ration card
E.All of the above

5. FIPB stands for?
A.Foreign Investment and Protection Board
B.Foreign Investment and Promotion Board
C.Foreign Investment and Promotion Board
D.Foreign Investment and Protection Board
E.None of the above

6. In India, Capital Markets are regulated by-
A.Securities and Exchange board of India
B.State Bank of India
C.Reserve bank of India
D.International Monetary fund
E.None of the above

7. Recently RBI took several steps to control Rupee depreciation. Reason(s) for rupee depreciation is-
A.Exports become costlier
B.Imports become costlier
C.Imports become cheaper
D.Both (a) & (b)
E.None of the above

8. India’s GDP growth is slowing down . GDP means-
A.Gross Domestic Product
B.Gross Domestic Poverty
C.Gross Domestic Production
D.Gross Demand Product
E.None of the above

9. The full form of MIBOR is
A.Mumbai Inter Bank offer Rate
B.Melbourne Inter bank offer Rate
C.Madrid Inter Bank Offer Rate
D.Moscow Inter bank offer rate
E.None of these

10. Which of the following is not a function of RBI?
A.Bank’s Govt
B.Custodian of foreign exchange
C.Bank’s Bank
D.Banker to the Public
E.None of these

11. Air-Asia India is the new proposed Airline in India. It tied up with the following Industrial group for its launch in India?
A.TATAs
B.Reliance group
C.Aditya Birla group
D.Infosys
E.None of the above

12. Kisan Credit Card scheme was launched in the year?
A.2000
B.1996
C.1998
D.1992
E.None of these

13. IRDA headquarters located in which city?
A.Mumbai
B.Bangalore
C.Hyderabad
D.Chennai
E.None of the above

14. “Janet Yellen” is chief of which of the following institutions?
A.World bank
B.African Development bank
C.Federal Development bank
D.Federal Reserve bank
E.Asian Development Bank

15. Which private sector bank sets Guinness record in blood collection?
A.ICICI
B.HDFC
C.AXIS BANK
D.YES BANK
E.HSBC

16. Who wrote “Planned economy for India” in 1934?
A.Dr. KRV Rao
B.M. Visveswaraya
C.Prof. Dantawala
D.Neela Kanta Rah
E.None of the above

17. Recently which bank started “Tab Banking” service?
A.SBI
B.ICICI
C.BOB
D.HDFC
E.PNB

18. As per findings of the recent Raghu Ram Rajan Committee report which state is most developed?
A.Kerala
B.Goa
C.Gujarat
D.Tamil Nadu
E.None of the above

19. Which of the following is not a committed expenditure of the Government of India?
A.Interest Payments
B.Pay and allowances
C.Transfers to States and Union Territories
D.Loans and advances to State and Union Territories

20. Consider the following statements-
1. Annual Survey of Industries (ASI) extends to the entire country
2. ASI covers all factories registered under Sections 2m (i) and 2m (ii) of the factories Act 1948

Which of the following statement is/are correct?
A.1 only
B.2 only
C.Both 1 and 2
D.Neither 1 and 2
E.cannot be determined