Banking and Finance Awareness Quiz for IBPS PO Mains 2017: Set-10

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Banking and Finance Awareness Quiz

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

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

Banking and Finance Awareness Quiz for IBPS PO Mains 2017


1.AIIB is a new multilateral financial institution founded to bring countries together to address the daunting infrastructure needs across Asia. AIIB stands for-

A. Asian Infrastructure Investment Bureau
B. Asian Infrastructure Investment Bank
C. Association Infrastructure Investment Bank
D. Asian International Investment Bank
E. None of the given options is true

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2. NABARD was established on the recommendations of which Committee and it is established on which date?

A. Tandon Committee and 19 July 1982
B. Rangrajan Committee and 28 July 1982
C. B.Sivaraman Committee and 12 July 1982
D. Sivaraman Committee and 19 July 1982
E. Rangrajan Committee and 12 July 1982

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3.Who was the only governor, never to sign on currency?

A. C.D.Deshmukh
B. James Braid Taylor
C. Osborne Smith
D. Manmohan Singh
E. None of the given options is true

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4.Axis Bank introduced the block chain service and became the third bank to do so. Which bank used the block chain technology for the first time and who is the CEO of Axis Bank?
A. ICICI Bank, Shikha Sharma
B. HDFC Bank, Arundhati Bhattacharya
C. SBI, Chanda Kochhar
D. ICICI Bank, Chanda Kochhar
E. SBI, Shikha Sharma

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5. Government securities with terms of more than 1 year are called
A. government bonds
B. treasury bills
C. bills of exchange
D. capital bills
E. None of the above

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6.A non-banking financial company which carries on the business of acquisition of shares and securities and satis?es certain conditions, is called

A. investment company
B. Financial company
C. non-bank finance company
D. core investment company
E. None of the above

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7.When failure of the financial system affects other systems such as insurance market or forex market, such risk is

A. liquidity risk
B. settlement risk
C. systemic risk
D. clearing process risk
E. None of the above

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8.Real national income growth refers to
A. National income growth adjusted for inflation
B. National income growth adjusted for population growth
C. National income growth adjusted for depreciation rate
D. National income growth adjusted for saving growth
E. National income growth adjust for saving

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9.How much amount of agricultural credit to farmers has been proposed in the Union Budget 2017-18?
A. Rs. 15 lakh crore
B. Rs. 12 lakh crore
C. Rs. 20 lakh crore
D. Rs. 10 lakh crore
E. None of these

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10. Whenever RBI does some Open Market Operation transactions, actually it wishes to regulate which of the following?
A. Inflation only
B. Liquidity in Economy
C. Borrowing powers of the banks
D. Flow of foreign direct investments
E. None of the above

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Click here for Banking & Finance Awareness Quiz Set -1

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Click here for Banking & Finance Awareness Quiz Set -3

Click here for Banking & Finance Awareness Quiz Set -4

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Click here for Banking & Finance Awareness Quiz Set -7

Click here for Banking & Finance Awareness Quiz Set -8

Click here for Banking & Finance Awareness Quiz Set -9


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