Banking Awareness Questions for IBPS Clerk Mains 2017

Banking Awareness Questions for IBPS Clerk Mains 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 Mains based on the latest pattern for your daily practice.

This “Banking Awareness Questions for IBPS Clerk Mains 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 Mains 2017: Set-27

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1.RBI sold its stake in NABARD to the Government of India, which now holds _____ stake.

A. Approx 65%

B. Approx 70%

C. Approx 95%

D. Approx 99%

E. Approx 24%

2.Which of the following is not available to depositors of NBFCs?

A. Deposit Insurance facility

B. Acquisition of shares

C. Loans and Advances

D. All of the Above

E. None of the given options is true

3.Which committee has recommended the setting up of Special Tribunals to reduce the time required for settling cases and accepting the recommendations, DRTs were established?

A. Kelkar committee

B. Justice Reddy committee

C. Rangarajan Committee

D. Sivaraman Committee

E. Narasimham Committee

4.Mukesh Kumar Jain has been appointed as Managing Director & Chief Executive Officer of ________.

A. Oriental Bank of Commerce

B. Allahabad Bank

C. Canara Bank

D. Punjab and Sindh Bank

E. Syndicate Bank

5.India’s largest digital bank _____________ is the only bank providing zero balance accounts and zero charges on digital transactions.

A. India Post Payments Bank

B. Paytm Payments Bank

C. Airtel Payments Bank

D. Fino Payments Bank

E. None of the given options is true

6.The Reserve Bank of India (RBI) has imposed ____________ penalty on IndusInd Bank for breaching rules on income classification norms.

A. Rs 15 crore

B. Rs 7 crore

C. Rs 10 crore

D. Rs 3 crore

E. Rs 20 crore

7.Inflation based on the WPI has accelerated to an eight-month high of 3.93% in November from 3.59% in October 2017. WPI stands for-

A. Wholesale Product Index

B. Wholesale Price India

C. Wholesale Price Index

D. Wheat Price Index

E. Wholesale Payment Index

8.The Reserve Bank of India (RBI) has imposed a penalty of ___________ on Syndicate Bank for non-compliance with its directions on “Cheque Purchase or Discounting, Bill Discounting, and Know Your Customer (KYC)” norms.

A. Rs 50 crore

B. Rs 7 crore

C. Rs 10 crore

D. Rs 30 crore

E. Rs 5 crore

9.The Asian Development Bank (ADB) has lowered India’s GDP forecast for the current fiscal by 0.3% to _______.

A. 6.9%

B. 6.1%

C. 6.3%

D. 6.7%

E. 6.5%

10. Name the Private sector Bank, which has received $150 million funding from the US government and Wells Fargo to increase lending to support women entrepreneurs and small and medium-sized enterprises in India.

A. Axis Bank

B. ICICI Bank

C. Yes Bank

D. Kotak Mahindra Bank

E. South Indian Bank

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