Banking and Financial Awareness Quiz For IBPS PO
Practice Banking Awareness Questions with Solution for IBPS PO & CLERK 2017 to boost your Score in GK Section. This Section is Purely Scoring. By Doing regular practice you can easily crack sectional cutoff as well as overall cutoff. Here 15 Questions is given based on latest CA Banking News. Shortly we will start providing Sectional Quizzes before IBPS PO Exams.
Q1.Which bank has launched smart-up zones in 30 cities for Start-Ups ?
A]Yes Bank
B]Axis Bank
C]HDFC Bank
D]ICICI Bank
E]Kotak Mahindra Bank
Q2.The US-based fintech company Mastercard has announced the launch of its innovation center in which city of India ?
A]Mumbai
B]Pune
C]Bengaluru
D]New Delhi
E]Gurugram
Q3.Which bank is going to buy the Micro-Lender Bharat Financial Inclusion Ltd. ?
A]Standard Chartered Bank
B]HSBC Bank
C]IndusInd Bank
D]Axis Bank
E]None of these
Q4.Which of the following financial organizations has suggested 3 policy priorities in structural reforms for India ?
A]World Bank
B]ADB
C]AIIB
D]IMF
E]None of these
Q5.SBI has signed a MoU with the Government of Which state for the integration of SBI e-pay with cyber treasury ?
A]Karnataka
B]Orissa
C]Haryana
D]Tamilnadu
E]West Bengal
Q6."Open Market Operation" is the part of which of the following ?
A]Fiscal Policy
B]Labour Policy
C]Income Policy
D]Monetary and Credit Policy
E]None of these
Q7.Which of the following statements is true for Soft Currency ?
A]It is the currency which can not be used for settling international transactions because it does
not command a value in the international market.
B]It is a currency whose exchange rate has the tendency to fluctuate.
C]It is the currency which is available by way of soft loans from international agencies.
D]It is the currency which can be easily used for settling any International transactions.
E]None of these
Q8.Which of the following terms is not related to banking/ finance ?
A]Blue Chip
B]Factoring
C]Insider Trading
D]Digital Signature
E]Capital Gain
Q9.Which of the following is known as White Card ?
A]It is the litchi Card issued in Uttaranchal
B]It is card used in football by the referee
C]It is a co-branded credit Card without the logo of issuer
D]It is credit Card wit logo of both issuer and sponsor
E]None of these
Q10.What should a bank do to meet a significant increase in demand for bank credit ?
A]Borrow from the Reserve Bank of India
B]Make use of excess reserves
C]Borrow from other banks
D]All of these
E]None of these
Q11."Claused Bill of Lading" indicate(s) which of the following ?
A]Defective condition of package and goods
B]No defects in packaging or condition of goods
C]No documents attached to it
D]A and C
E]None of the above
Q12.The term "cost overrun" indicate(s) which of the following ?
A]Escalation in Project Cost
B]Remaining constant in Project Cost
C]Decrease in Project Cost
D]A and B
E]None of these
Q13.The term "hedging" denotes which of the following ?
A]Credit risk assessment with respect to the advances
B]Protecting against fluctuations or uncertainty risk in the forex markets
C]Speculative buying or selling of the foreign currency
D]B and C
E]None of these
Q14.Who is the CEO of MUDRA Bank ?
A]Binod Bakshi
B]Sooraj Pandey
C]Jiji Mammen
D]Tanuj Kumar
E]None of them
Q15." Trusted Family Bank" is the tagline of which bank ?
A]Vijaya Bank
B]Andhra Bank
C]UCO Bank
D]Yes Bank
E]Dena Bank
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