Banking and Finance Awareness Questions for IBPS PO: Set-16


Banking and Finance Awareness Questions: Set-16

Banking and Finance Awareness Questions. Welcome to the online learning section. If you are preparing for IBPS PO/Clerk 2017 exam, you will come across a section on Banking and Finance Awareness Section. Here we are providing you Banking and Finance Awareness Questions for IBPS PO based on the latest pattern for your daily practice.

This “Banking and Finance Awareness Questions for IBPS PO” is also important for other banking exams such as IBPS PO, IBPS Clerk, SBI Clerk, IBPS RRB Office Assistant, IBPS SO, SBI SO and other competitive exams.

Banking and Finance Awareness Questions: Set-16

1.Many times, we read in newspapers that a company is planning to bring a public issue. What does it mean?
I. Shares of the company will be issued only through public sector organizations like banks/central FInancial institutions etc.
II. Shares of the company will be issued to the general public only through primary market.
III. This means some stakeholders/promoters are willing to leave the company. Hence, they wish to sell their stock to the general public.
Select the correct answer using the codes given below

A. Only I
B. Only II
C. Only III
D. All of the above
E. None of the above

Show Correct Answers

2. Treasury Bills means –

A. salary bills drawn by Government o􀃕cials on the treasury
B. bills drawee by the Government contractors and other suppliers on the treasury for the dues owed to them by the Government
C. obligation of the Government of India issued by the Reserve Bank of India and payable normally 91 days after issue
D. a mode of drawings by the Treasury O􀃕ce on the Reserve Bank of India
E. None of the above

Show Correct Answers

3.The Reserve Bank of India (RBI) has proposed to cap the upper limit for Pre-paid Payment Instruments at Rs. _______ lakh due to the growing usage of PPIs for purchase of goods and services as well as funds transfer.

A. Rs 5 lakh
B. Rs 1.5 lakh
C. Rs 1 lakh
D. Rs 2 lakh
E. Rs 3.5 lakh

Show Correct Answers

4.Which life Insurance launched iSelect term plan to expand its online product suit and iSelect term plan provides enhanced protection cover for the family at an affordable premium?
A. Bajaj Allianz General Insurance
B. Canara HSBC and Oriental Bank of Commerce Life Insurance
C. ICICI Prudential Life Insurance
D. PNB MetLife India Insurance Company Limited
E. Reliance General Insurance

Show Correct Answers

5. Which institution is known as ‘soft loan window’ of the World Bank?
D. Indian Development Forum
E. None of these

Show Correct Answers

6. The Digital Payments 2020 report said that digital payment industry in India is expected to reach USD 500 billion by 2020. The report was published by which of the following institutions?

A. Google and World Bank
B. World Bank and UNESCO
C. Google and Boston Consulting Group
D. UNESCO and Boston Consulting Group
E. All of these

Show Correct Answers

7.How much amount has been proposed by the government in the Union Budget 2017 for each pregnant woman under maternity Benefit Scheme who undergoes institutional delivery and vaccinates their children?

A. Rs. 4500
B. Rs. 5000
C. Rs. 7000
D. Rs. 6000
E. Rs. 10,000

Show Correct Answers

8.Many economists, bankers, and researchers in India often advocate that banks should equip themselves for new challenges. These challenges are in which of the following shapes/forms?
I. As India economy is getting increasingly integrated with the rest of the world the demand of the
Corporate banking is likely to change in terms of size, a composition of services and also the quality.
II. The growing foreign trade in India will have to be financed by the local banks.
III. Foreigners are habitual of the comforts provided by the technology. India has to do a lot in this Reference.
A. Only I is correct
B. Only II is correct
C. Only III is correct
D. All of the above
E. None of the above

Show Correct Answers

9.Which of the following market is independently regulated by Forward Market Commissions?
A. Mutual Funds
B. Commodity Exchanges
C. Stock Market
D. Foreign Exchange Markets
E. None of these

Show Correct Answers

10. According to the Union Budget 2017, Women participation in MGNREGA has increased to __________ percent from less than 48 percent.
A. 50 percent
B. 51 percent
C. 52 percent
D. 55 percent
E. None of these

Show Correct Answers

You may also attempt full length free mock test for IBPS PO Mains, IBPS Clerk and RBI Assistant from below link-

 Attempt Free Mock Test

IBPS PO Descriptive Test Study Material

10 Important Tips to Crack IBPS PO Mains Exam in First Attempt

You may also Download:-

You may also download –

Monthly Current Affairs One-Liner: Download PDF
September 2017 August-2017 July-2017 June-2017 May-2017
April-2017 March -2017 February-2017

Current Affairs Mega Booster for IBPS PO Mains 2017

1100+ करेंट अफेयर्स वन लाइनर PDF 1st जून से 11th नवम्बर 2017 तक

1700+ Current Affairs One liner Questions PDF from June to November 2017[ In English ]

You may also like-

For more details click here 

Thank you, all the best. and let’s study together.

Learn Better, Do better, Be better

Print Friendly, PDF & Email