Important Banking Awareness Questions for IBPS Clerk Mains 2016

Important Banking Awareness Questions for IBPS Clerk Mains 2016 Set-91:

Dear Readers, The List of important Banking Awareness Quiz for upcoming IBPS Clerk Mains exams was given here. Candidates those who are preparing for the exams can use this.

1). Which of the following is/are essential features of a genuine currency note?

a)    The issuing authorities name should be printed on it

b)    The  promise clause should be there

c)    The guarantee clause should be there

d)    All of the above

e)    None of these

Answer: d)

2). What is Call Money ?

a)    Money borrowed or lent for a day or over night

b)    Money borrowed for more than one day but upto 3 days

c)    Money borrowed for more than one day but upto 7 days

d)    Money borrowed for more than one day but upto 14 days

e)    None of these

Answer: a)

3). NCAER is located in _______

a)    Mumbai

b)    New Delhi

c)    Noida

d)    Chennai

e)    Hyderabad

Answer: b)

4). The headquarters of Investment Information & Credit Rating Agency(ICRA) Limited is located in _________

a)    Mumbai

b)    New Delhi

c)    Noida

d)    Gurugram

e)    Hyderabad

Answer: d)

5). Which of the following is a measure taken by Reserve Bank of India to control inflation in our country? 

a)    Increase in CRR

b)    Increase in SLR

c)    Contraction of supply of currency

d)    Raising of Repo / Reverse Repo Rate

e)    Decrease the SLR

Answer: d)

6). Cash Reserve Ratio (CRR) and Statutory’ Liquidity Ratio (SLR) are terms most closely related to which of the following industries/ markets? 

a)    Capital Market

b)    Banking industry

c)    Commodities market

d)    Money Market

e)    Mutual fund industry

Answer: b)

7). The Indian person who received the Nobel Prize in Economic?

a)    Rabindra Nath Tagore

b)    C.V. Raman

c)    Amartya Sen

d)    Dr. Radha Krishan

e)    None of these

Answer: c)

8). What does the M in M-banking stands for?

a)    money

b)    marginal

c)    message

d)    mutual fund

e)    mobile

Answer: e)

9). World investment report is published by?

a)    UNDP

b)    World bank

c)    IMF

d)    UNCTAD

e)    None of these

Answer: d)

10). Where is the head quarter of sequrities and Exchange Board of India (SEBI)?

a)    Pune

b)    Bangalore

c)    Mumbai

d)    Delhi

e)    None of these

Answer: c)

1)d  2)a  3)b  4)d  5)d  6)b  7)c  8)e  9)d  10)c 

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