IBPS CLERKS BANKING AWARENESS PRACTICE MCQs

1. The largest bank in India is ..........?
1) ICICI bank
2) Syndicate Bank
3) Union bank of India
4) Bank of India
5) State Bank of India

2. State bank of India head office is in ..........?
1) New Delhi
2) Kolkata
3) Chennai
4) Mumbai
5) Hyderabad

3. Mumbai has the head offices of many Financial Institutes. Which of the following bank/ institute/ PSU do not have the head office in Mumbai?
1) SEBI
2) RBI
3) Bank of Baroda
4) Bank of India
5) IDBI

4. Bank of Baroda, Andhra Bank and L&G(U.K) established 'M/S India Invest'. M/S India Invest is a ..........?
1) Real Estate Company
2) Insurance Company
3) Foreign Exchange Office
4) Stock Exchange
5) Savings Plan

5. Insurance Company 'Met Life' has headquarters in ..........?
1) Canada
2) Japan
3) England
4) U.S.A
5) Australia

6. Australia based IAG (Insurance Australia Group) and .......... had tie up to do General Insurance business?
1) SBI
2) LIC
3) UTI
4) Reliance Industries
5) Rcom

7. SBI is the largest public sector bank. Which is the second largest public sector bank crossed having of 5,000 branches?
1) Bank of India
2) Bank of Baroda
3) ICICI 4) Punjab National Bank
5) Union Bank of India

8. Punjab National Bank and .......... had tie up together to have Core Banking Solutions (CBS) linking of its Regional Rural Banks (RRB)?
1) NABARD
2) SBI
3) IDBI
4) UTI
5) SBI DHFI

9. NABARD ( National Bank for Agriculture and Rural Development) established JLG to extract the productive capability from rural population?
1) Junior Link Group
2) Join Life Group
3) Joint Line Gauge
4) Joint Liability Group
5) None

10. Joint Liability Groups replicate the ..........?
1) Sole Help Group
2) Sole Help Grain
3) Stone Help Group
4) Second Help Group
5) Self Help Group

11. Self Help Groups will be provided with 7 % rate of interest on par with .......... as decided by central government recently?
1) Vehicle Loan
2) Business Loan
3) Home Loan
4) Agriculture Loan
5) All of above

12. Agriculture Loans are called Regulated Loans. Which Deposit is Regulated Deposit other than NRI account?
1) Savings Account
2) Fixed Deposit
3) Current Account
4) Recurring Account
5) Joint Account

13. Savings Deposits cannot be opened/operated by ..........?
1) Public Sector Banks
2) Co-operative Banks
3) Foreign Banks
4) Non-Banking Finance Companies
5) Private Sector Banks

14. Non-Banking Companies list given. Pick up wrong one?
1) Sri Ram Finance
2) Mutthoot Finance
3) Manappuram Finance
4) ICICI Bank
5) Margadarsi Finance

15. ICICI is the ..........private bank in India?
1) Second largest
2) Third largest
3) Sixth largest
4) Largest
5) Tenth largest

16. Largest borrower in India is ..........?
1) Reserve Bank of India
2) Government of India
3) State bank of India
4) Uttar Pradesh
5) None

17. Government of India declares Minimum Support Price (MSP) for many goods/products every year. Which of the following commodities do not cover MSP in principle?
1) Paddy
2) Bank Products
3) Wheat
4) Gram
5) Millets

18. Bank products do not cover ..........?
1) Deposit
2) Judicial Stamps
3) Loans
4) Credit Cards
5) All of above

19. Judicial Stamps and Postal Stamps are printed in Indian Security press Nasik. Nasik is in ..........?
1) Andhra Pradesh
2) West Bengal
3) Odisha
4) Tamilnadu
5) Maharastra

20. Maharastra based bank, Bank of Maharastra celebrated .......... celebrations in 2010. Its head office is in Pune?
1) Silver
2) Gold
3) Platinum
4) Centenary
5) Diamond

21. Platinum Celebrations of .......... celebrated On that eve, One rupee coin minted?
1) Reserve Bank of India
2) State Bank of India
3) Central Bank of India
4) Securities and Exchange Board of India (SEBI)
5) None

22. Reserve Bank of India established Credit Guarantee Corporation of India ( CGCI) in 1971 to encourage more flow of banks credit to ..........?
1) Big industries 2) Self Help Groups
3) Small business firms
4) Co-operative banks
5) Software industries

23. Small business and poor families approach ..........to take small amounts of loans?
1) Foreign banks
2) Public Sector banks
3) Private Sector banks
4) Micro-Finance Companies
5) Rating Agencies

24. Micro-Finance companies Bill passed by ..........to control nuisance of micro-finance
companies?
1) Karnataka
2) Maharastra
3) Andhra Pradesh
4) West Bengal
5) Odisha

25. Andhra Pradesh head office bank is ..........?
1) State bank of Hyderabad
2) Syndicate bank
3) Union bank of India
4) HDFC
5) United Bank of India

26. The term not related to banking is ..........?
1) Crossing
2) NPA
3) Priority Sector Lending
4) On Line banking
5) Call option

27. Term not related to Stock Market is ..........?
1) DEMAT
2) Bad Delivery
3) Badala
4) Bid and Offer
5) Basel

28. Term not related to Economics?
1) Diminishing Marginal Utility
2) Demand and Supply
3) National Income
4) Consumer Surplus
5) Law of Motion

29. Which term not related to Banking Technology?
1) NEFT
2) RTGS
3) BOUNCE
4) SWIFT
5) ATM

30. Which is not a currency of any country in the world?
1) Dolla
2) Lira
3) Brussels
4) Pound
5) Yuan

31. Which is not a subsidiary/Associate/agency of any bank in India?
1) SBH
2) ICICI Lombard
3) NABARD
4) SBI Life
5) All of above

32. 113th Constitutional amendment related to ..........?
1) Change the state name of Orissa to Odisha
2) Right to Education
3) Voter's eligibility age reduced from 21 years to 18 years
4) Establishment of GST council
5) Making Election commission as multiple body

33. Coal India recently got the status of ..........?
1) Navarathna
2) Mini-Ratna
3) Maharatna
4) Veerratna
5) None

34. As per the 2011 census, the lowest population state is ..........?
1) Sikkim
2) Goa
3) Manipur
4) Meghalaya
5) Assom

35. First time Lokpal Bill introduced in parliament in ..........?
1)1968
2)1971
3)1951
4) 2001
5) 2011

36. New war ship 'Trikhand' introduced in Indian Navy. It is manufactured and imported from ..........?
1) USA
2) France
3) Australia
4) Russia
5) Japan

37. 'Scotia Prince' is the boat run between ..........after 30 years?
1) India and China
2) India and Australia
3) India and Myanmar
4) India and Sri Lanka
5) India and Russia

38. Expand PURA?
1) Urban Areas in Rural Areas
2) Universal Amenities in Rural Areas
3) Urban Amenities in Roll Areas
4) Urban Areians in Rural Areas
5) Urban Amenities in Rural Areas

39. Co-ordinated Boarder Management plan is the agreement between India and..........?
1) Pakistan
2) Bhutan
3) Bangladesh
4) Nepal
5) Sri Lanka

40. Which city celebrated 372 years entry on 22nd August 2011?
1) Hyderabad
2) Mumbai
3) Chennai
4) Bengaluru
5) Mumbai

41. West Bengal name changed to ..........?
1) Purva Banga
2) Uttama Banga
3) Pachima Banga
4) Eleve Banga
5) Tagore Banga

42. 99th Science congress summit will be held in ..........?
1) Tamilnadu
2) Delhi
3) Rajasthan
4) Odisha
5) Goa

43. In BRICS summit, 'S' stands for..........?
1) Somalia
2) South Korea
3) Sri Lanka
4) South Africa
5) Swaziland

44. 2012 Pravasa Bharatiya Summit venue is ..........?
1) Jodhpur
2) Jaipur
3) Lucknow
4) Chennai
5) Bellary

45. Which IPS officer crossed palk strait on 25 march 2011?
1) Aruna Bahuguna
2) Rajiv Verma
3) Rajiv Trivedi
4) Madam Straint
4) None of above

46. .......... was appointed as chief of Change Management Team by UNO?
1) Anitha Kapur
2) Jeevan Reddy
3) Atul Khare
4) Y.V.Reddy
5) H S Puri

47. Coasta First Naval Award 2010 got by ..........?
1) Red Cross Society
2) Asha Bhonsle
3) Kiswar Desai
4) Manoj Pandey
5) Diwakar Prem

ANSWERS:

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