Banking Awareness Questions for IBPS Clerk 2017: Set-24

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Banking Awareness Questions for IBPS Clerk 2017

Banking Awareness Questions for IBPS Clerk 2017. Welcome to the www.letsstudytogether.co 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 Awareness Questions for IBPS Clerk based on the latest pattern for your daily practice.

This “Banking Awareness Questions for IBPS Clerk 2017” is also important for other banking exams such as IBPS PO, IBPS Clerk, SBI Clerk, IBPS SO, SBI SO and other competitive exams.

Banking Awareness Questions for IBPS Clerk 2017: Set-24


1. The Reserve Bank’s affairs are governed by a central board of directors. The board is appointed by the ____________ in keeping with the Reserve Bank of India Act.

A. Reserve Bank of India (RBI)
B. Government of India (GOI)
C. Monetary Policy Committee (MPC)
D. Cabinet Committee on Economic Affairs (CCEA)
E. None of these

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2.Micro Finance Institutions Network (MFIN) has launched __________, a mobile app that will help in providing financial education to microfinance clients.
A. ’MFIN Shaksharta’
B. ’MFIN Classroom’
C. ’MFIN Connect’
D. ’MFIN Padhai’
E. ’MFIN Academy

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3.ICICI Bank India’s largest private sector bank, has announced the launch of a mobile banking app for rural customers that allow them to access banking services as well as information on agri services. What is the name of the app?
A. iSuvidha
B. iBuddy
C. iPocket
D. Mera iMobile
E. None of these

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4.Which of the following International financial institutions is based in Basel, Switzerland?
A. World Bank
B. BIS
C. NDB
D. ADB
E. IMF

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5.Small Industries Development Bank of India (SIDBI) has signed a Memorandum of Understanding (MoU) with which bank for providing concessional 􀃒nance to micro and small enterprises (MSEs)?
A. Lakshmi Vilas Bank
B. Dena Bank
C. Axis Bank
D. Vijaya Bank
E. None of these

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6.DICGC provides insurance to all bank deposits, similarly, which of the following institutions provides export credit insurance support to Indian exporters?
A. SIDBI
B. NPCI
C. ECGC
D. FIPP
E. None of these

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7.Which bank has signed an agreement with Avenues India Pvt Ltd, a payment solution provider to provide merchants with seamless access to point-of- sales (POS) and payment gateway products?
A. Bandhan Bank
B. Bank of Baroda
C. ICICI Bank
D. Dena Bank
E. Karnataka Bank

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8.When an asset or loan remains non-performing for 12 months or less and the underlying guarantee is not enough to pay back the loan, it is classified as a
A. Standard asset
B. Substandard asset
C. Doubtful asset
D. Loss asset
E. SBI Bank

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9.Which bank has launched a ‘ mobile-only bank’ in India called the ‘Digibank’ which uses technologies such as biometrics and artificial intelligence to enables paperless ,signature less and branchless bank?
A. DBS Bank
B. RBS Bank
C. RBL Bnak
D. IDFC Bank
E. State Bank of India

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10.Which of the following Ministry releases Consumer Price Index (CPI) based inflation data?
A. Ministry of Finance
B. Ministry of Food and Civil Supplies
C. Ministry of Statistics and Programme Implementation
D. Ministry of Human Resource and Development
E. None of the above

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