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November 13, 2014

Banking Awareness Quiz for IBPS Clerks - Set 41

21 comments

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  1. For financial inclusion and to facilitate low income group customers, which SBI subsidiary inaugurated NO FRILLS ACCOUNT by name "Saral Bachat Khata" ?
    1. State Bank of Bikaner and Jaipur
    2. State Bank of Hyderabad
    3. State Bank of Mysore 
    4. State Bank of Travancore 
    5. State Bank of Patiyala 
  2. The Delivery of financial services, at affordable costs or at no costs, to sections of disadvantaged and low income segments of society is called ________________ ?
    1. Financial Exclusion 
    2. Financial Interpretation 
    3. Financial Selection 
    4. Financial Declaration 
    5. Financial Inclusion 
  3. As per the company statement released on 29th October 2014, which of the following organizations, has connected over 12,000 off-site ATMs and rural bank branches with a secure broadband satellite network in 2014 ?
    1. Tata Consultancy Services Ltd
    2. Reliance Infocom Ltd
    3. Hughes Communications India Limited (HCIL)
    4. State Bank of India ATM Services Ltd
    5. Indian Bankers ATM Services Ltd
  4. Accounts are allowed to be operated by cheques in respect of ?
    1. Both savings bank accounts and fixed deposit accounts 
    2. Savings bank accounts and current accounts 
    3. Both savings bank accounts and loan accounts 
    4. Both savings bank accounts and cash accounts only 
    5. Both current accounts and fixed deposit accounts
  5. Which bank opened Customer Service Point (CSP) to extend financial inclusion targeting urban poor ?
    1. Union Bank of India
    2. ICICI 
    3. SBI
    4. Syndicate Bank 
    5. Yes Bank
  6. Project Namaskar by commissioning 30 kiosks under Financial Inclusion launched by ?
    1. PNB
    2. Axis Bank
    3. ICICI
    4. CBI
    5. SBI
  7. How many rural area branches opened by ICICI Bank in the six states, to receive a call from Financial Inclusion ?
    1. 121
    2. 201
    3. 101
    4. 1000
    5. 12
  8. Recently CRISIL has launched a financial inclusion index. The name of this inclusion index is ?
    1. Financial Hub
    2. Financial 
    3. Financial Teller
    4. Financial Pro
    5. Financial Inclusix
  9. As per CRISIL index on Financial Inclusion which part of India is top in the financial inclusion ?
    1. South India
    2. North India
    3. West India
    4. East India
    5. Central India
  10. Top three states  / Union territories in terms of financial inclusion are _________________ as per CRISIL index ?
    1. AP, Kerala and Karnataka 
    2. Kerala, UP and AP
    3. Puducherry, Telangana and AP
    4. Goa, AP and Kerala
    5. Puducherry, Chandigarh and Kerala 
  11. Which of the following organizations has became the first listed Indian company among the 30 SENSEX firms to have more than 75 percent shareholding by Foreign Institutional Investors (FIIs) ?
    1. HDFC 
    2. HSBC
    3. ICICI
    4. LIC
    5. TATA
  12. One 7th January 2014, which panel suggested sweep changes in the banking structure appointed by RBI ?
    1. Deepak Mohanthy
    2. Chaturvedi 
    3. K C Chakravarthy
    4. Bimal Jalan
    5. Nachiket Mor
  13. As per the Nachiket Mor committee, the banks exclusively should be established for the welfare of ____________ ?
    1. Low income households 
    2. industries 
    3. small scale industries 
    4. bank employees
    5. all of the above  
  14. By what date every Adult citizen of India must hold a savings account as per the report of Nachiket ?
    1. 31st March 20115
    2. 1st Jan 2016
    3. 31st Dec 2015
    4. 15th Dec 2016
    5. 31st Dec 2016
  15. To provide payment services and deposit products to small business and low-income households with a maximum balance of Rs. 50,000 per customer, which type of banks to be set up as per Nachiketmor committee report submitted on 7th January 2014 ?
    1. Deposit banks
    2. Ultra Small Branches 
    3. Satellite Banks
    4. PI Banks
    5. Payment banks 
  16. Payment banks can initiate the establishment with minimum crore cap of __________ ?
    1. Rs. 50 crore
    2. Rs. 150 crore 
    3. Rs. 500 crore 
    4. Rs. 1500 crore 
    5. Rs. 100 crore 
  17. A combination of ______________ must be issued to each citizen of India as per Nachiket committee. 
    1. Savings account and Aadhar card 
    2. Savings Account and PAN card
    3. Passport and Savings account 
    4. Aadhar card and Ration card 
    5. None of these 
  18. Regional Rural Banks were established under the central government Ordinance issued on ?
    1. 1985
    2. 1990
    3. 1975
    4. 1935
    5. 1937
  19. Regional Rural Bank Act passed in _______________ ?
    1. 1982
    2. 1969
    3. 1976
    4. 1955
    5. 1949
  20. Banks open around 5.29 crore accounts and issued 1.78 crore RuPay cards under Pradhan Mantri Jan Dhan Yojana. This is an ambitious scheme launched by our Prime Minister Modi on ?
    1. 15th August 2014
    2. 28th August 2014
    3. 30th September 2014
    4. 19th October 2014
    5. 7th July 2014
Read more Banking Awareness Model Practice Sets from below
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21 comments:

  1. Bhagirath Sinh JadejaNovember 13, 2014 at 9:45 AM

    good work
    if u can provide study material regarding ques asked above it would be helpful

    ReplyDelete
  2. 13/20 not bad..........

    ReplyDelete
  3. hello ...r u preparing for what?

    ReplyDelete
  4. thanks....very helpful informtion........:)

    ReplyDelete
  5. Bhagirath Sinh JadejaNovember 13, 2014 at 10:19 AM

    ibps clerk

    ReplyDelete
  6. Sushmita RoyChoudhuryNovember 13, 2014 at 10:30 AM

    thnk u....... nd vry importnt information....... plz provide english practice set also

    ReplyDelete
  7. yes for small and payments bank it is 100 crore i think

    ReplyDelete
  8. Thank you for sharing good
    information. Result is more important part for each student. If you want more tips about gate exam visit Nodia Publication.

    ReplyDelete
  9. Quality questions. Thank you.

    ReplyDelete
  10. one of the tough banking awareness question...thanks mam..

    ReplyDelete
  11. 14/20. Some questions were a bit difficult. A bit odd. It would be of help if you focus on conceptual questions of banking like export finance, narrow banking, authorized dealer abbreviations of banking terms sort of, like we faced in IBPS PO. Anyways Thanks for the knowledge.

    ReplyDelete
  12. frndz can anyone tell me frm whr to study only banking for sbi po associate??

    ReplyDelete
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    i assure you guys that this is the page u need

    like it and gain knowledge and have fun

    https://www.facebook.com/QuizBlitz

    ReplyDelete

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