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August 31, 2017

Standard Banking Awareness Quiz for IBPS Exams 2017

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  1. Currency note of Rs. 500 will have five bleed lines on left and right in raised print. Similarly how many bleed lines are there on the left and right in Rs. 2000 currency note ?
    1. 3
    2. 4
    3. 6
    4. 7
    5. 8
  2. If the fourth letter in PAN CARD is 'P' the it denotes _____________
    1. Public
    2. Firm
    3. Person
    4. Trust
    5. Private
  3. The Banking Ombudsman may reject a complaint at any stage if it appears to him that a complaint made to him __________________
    1. If the Compensation sought from the Banking Ombudsman is beyond Rs. 20 lakh
    2. If it requires consideration of elaborate documentary and oral evidence
    3. If the proceedings before the Banking Ombudsman are not appropriate for adjudication of such complaint
    4. If the complaint is without any sufficient cause
    5. All the above
  4. Who among the following set up the Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE) ?
    1. GOI
    2. Ministry of MSME
    3. SIDBI
    4. 1 and 3
    5. Reserve Bank of India
  5. Who among the following can issue Commercial Paper (CP) ?
    1. Corporates
    2. Primary Dealers
    3. All India Financial Institutions
    4. 1, 2 and 3
    5. 1 and 2 only
  6. As per the latest audited balance sheet, If the tangible net worth of the company is not less than ____________ crore, then the corporate would be elibible to issue CP.
    1. 4
    2. 3
    3. 2
    4. 5
    5. None of these
  7. Compensation amount not exceeding Rs. ____________ lakh to the complaint for mental agony and harassment may be awarded by Banking Ombudsman.
    1. 1
    2. 2
    3. 3
    4. 5
    5. None of these
  8. As per the existing Priority Sector guidelines which of the following categories are there ?
    1. Export Credit
    2. Agriculture
    3. Social Infrastructure
    4. Renewable Energy
    5. All of these
  9. Which of the following forms are used for Acknowledgement of registration for GST ?
    1. Form GSTR-1
    2. Form GSTR-2
    3. Form GST REG-02
    4. Form GST REG
    5. None of these
  10. The validity of the GST registration certificate is :
    1. One year
    2. Two years
    3. Five years
    4. Valid till it is canceled
    5. None of these
  11. The Headquarters of TransUnion CIBIL is located in ____________
    1. Chennai
    2. Kolkata
    3. Mumbai
    4. Bengaluru
    5. None of these
  12. Net Owned Funds of a Non-Banking Finance Company should be Rs. ____________ to get the NBFC license from RBI.
    1. 100 lakh
    2. 150 lakh
    3. 200 lakh
    4. 250 lakh
    5. None of these
  13. In NRE account "R" stands for
    1. Residential
    2. Recoverable
    3. Resident
    4. Residual
    5. None of these
  14. Bharat Nirman is a four-year business plan embarked by the Government of India for providing rural infrastructure in the areas of :"
    1. Irrigation & water supply
    2. Electrification
    3. Housing
    4. Telecommunication & Connectivity
    5. All of the above
  15. NIXI stands for :
    1. National & International Exchange of India
    2. National Internet Exchange of India
    3. National Inter Exchange Interest
    4. None of the above
    5. National Industrial Exchange of India
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