Thursday, 29 December 2016
Home » Banking Awareness and Knowledge MCQs » Banking Awareness (25 Capsule) Quiz for IBPS Bank PO and Clerk Exams
Hello Expert Readers. Today this SPECIAL Banking Awareness Quiz for IBPS Bank PO and Clerk Exams consist of important & expected Banking Awareness questions which was asked in previous year Bank exams. Our expert prepared Banking Awareness Questions and Answers used for All Bank Exams like IBPS PO Clerk, IBPS RRB, SBI & LIC. You always read and practice with latest banking awareness questions fully solved questions and answers useful for competitive exams like IBPS, SBI, SSC, RRB, GATE etc. use free online 25 Capsule tests at free of cost.
Also we have covered some important and expected Banking Awareness questions from Banking Awareness Quiz on latest new innovation and improvements. This Banking Quiz is relevant for IBPS PO Mains Exam, RBI Assistant Exams, IBPS Clerk Mains Exams and all upcoming Banking exams as well as SSC and RRB NTPC Exams.
Important Banking Awareness Questions From Previous year Bank Exams
Q.1. What is the minimum denomination of Treasury bills to issue in India?- Rs. 25,000
Q.2. What is the limit on the amount that could be transferred using National Electronic Funds Transfer (NEFT)?- There is no limit – either minimum or maximum
Q.3. What is the full form of ECB? - External Commercial Borrowing
Q.4. Rs. ______is the minimum and Rs.___________ is the maximum amount to be invested under "Sukanya Samriddhi Scheme"- 1000 , 1.5 lakh
Q.5. RBI has issued the KYC guidelines under Section 35 (A) of the __________. - Banking Regulation Act, 1949
Q.6. What is PPP in economic?- Purchasing power parity (PPP) is a component of some economic theories and is a technique used to determine the relative value of different currencies.
Q.7. The headquarter of BRICS Bank “The New Development Bank (NDB)” located in _______.- Shanghai, China
Q.8. NDTL full form is - Net Demand and Time Liability
Q.9. The Asian Banker Summit 2016 will be held in- Hanoi (Vietnam)
Q.10. The mobile banking app “LIME” has been launched by- Axis Bank
Q.11. Corporation Bank launched country’s first MUDRA (Micro Units Development and Refinance Agency) card under the Pradhan Mantri MUDRA Yojana (PMMY) in - Mangalore (Karnataka)
Q.12. What is the full form of CVV on your credit card or debit card is a 3 digit number on VISA, MasterCard? - "Card Verification Value"
Q.13. Foreign exchange Reserves in India are kept in the custody of- Reserve Bank of India (RBI)
Q.14. Simply click a card launched by SBI special for- Online Shopping
Q.15. Exchange of cash flow in different currency is known as- Currency Swap
Q.16. 'RuPay Card' is issued by - NPCI (National Payments Corporation of India)
Q.17. The Mutual funds in India follow accounting standards laid by- SEBI (Securities and Exchange Board of India)
Q.18. What is 'PIN' code used in many electronic financial transactions?- PIN is a numerical code allocated to an individual and used to validate electronic transactions.
Q.19. A cheque which is presented to a bank after 3 months from date of issue is considered as- Stale Cheque
Q.20. Indian Financial System Code (IFSC) consists of _______ alpha numeric code- 11 digits
Q.21. The selling of life assurance and other insurance related products and services by banking institutions known as- Bancassurance
Q.22. CAR stands for?- Capital Adequacy Ratio
Q.23. Money is lent or borrowed for between 2 days and 14 days it is known as - Notice money
Q.24. What is the upper limit in Public Provident Fund (PPF)?- Rs. 1.5 lakhs
Q.25. REIT stands for?- Real State Investment Trust
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