Expected Banking & Financial Awareness Questions for IBPS Clerk Mains 2017: Set-32

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Expected Banking & Financial Awareness Questions

Expected Banking & Financial Awareness Questions. Welcome to the www.letsstudytogether.co online learning section. If you are preparing for IBPS Clerk and Syndicate PO exam, you will come across a section on Banking and Finance Awareness Section. Here we are providing you Expected Banking & Financial Awareness Questions for your daily practice.

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

Expected Banking & Financial Awareness Questions: Set-32


1.In which of the following types of banking, there is a direct execution of transaction between a bank and its consumers?

A. Retail Banking

B. Universal Banking

C. Virtual Banking

D. Unit Banking

E. None of the given options is true

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2.Which Bank has launched instant credit cards enabling its savings account customers to get a credit card instantly, in a completely digital and paperless manner recently?

A. State Bank of India

B. ICICI Bank

C. Axis Bank

D. Bank of Baroda

E. HDFC Bank

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3.Which Bank has launched an instant international payment services using Ripple’s enterprise blockchain technology solution for retail and corporate customers?

A. Axis Bank

B. ICICI Bank

C. State Bank of India

D. HDFC Bank

E. Bank of Baroda

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4.Syndicate Bank has pared its marginal cost of funds based lending rate (MCLR) by 5-10 basis points in certain maturity buckets recently. Where is the headquarter of Syndicate Bank?

A. Lucknow, Uttar Pradesh

B. Jaipur, Rajasthan

C. Kolkata, west Bengal

D. Manipal, Karnataka

E. Chennai, Tamil Nadu

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5.Private sector lender Axis Bank reduced interest rate on savings bank accounts by 50 basis points to 3.5 per cent for deposits up to-

A. Rs 1 lakh

B. Rs 80 lakh

C. Rs 20 lakh

D. Rs 50 lakh

E. Rs 10 lakh

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6.___________ to provide guaranteed clearing and settlement functions for transactions in Money, G-Secs, Foreign Exchange and Derivative markets.

A. NPCI

B. SEBI

C. GOI

D. RBI

E. CCIL

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7.In which of the following a credit facility is provided by the bank to an entity for a specific purpose, to be repayable after a short duration?

A. Advances

B. Loans

C. Security

D. Liabilities

E. Goodwill

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8.The International Multilateral Maritime Search and Rescue Exercise 2017 (IMMSAREX 2017) has conducted in-

A. Bangladesh

B. Myanmar

C. Japan

D. India

E. Thailand

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9.What was the Purpose of setting up Narsimhan committee-2?

A. Efficiency and productivity

B. Banking reform process

C. Export of IT sector

D. Fiscal Reform process

E. None of the given options is true

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10. Which among the following Banks is going to develop as many as 100 digital villages in various States of the country as part of its initiative to promote digital banking among the rural population?

A. UCO Bank

B. Vijaya Bank

C. Corporation Bank

D. Bank of India

E. Central Bank of India

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