Banking Awareness Questions :: IBPS PO Clerks Set 11 Question And Answers

Quantitative Aptitude
Verbal Ability

1. Which of the following nations is considered the originator of the concept of Micro Finance?

A. India B. South Africa
C. Bangladesh D. USA

2. The largest Bank in india is _______?

A. ICICI Bank B. Syndicate Bank
C. Union Bank of India D. State Bank of India

3. Bring out the economic factors responsible for the under development of the Indian economy
A. Shortage of Capital
B. Technology backwardness
C. Lack of skilled manpower
D. Low geographical mobility due to attachment to land

A. A and B B. A, C and D
C. A, B and D D. A, B and C

4. Which of the following gives a correct picture of the share of various sectors in economic growth in India over the years?
A) Primary Sector - stagnant
B) Secondary Sector - increasing
C) Tertiary sector - decreasing

A. A and B B. B and C
C. B only D. A only

5. Which of the rate is not fixed by Reserve Bank of India?

A. Bank Rate B. Income Rate
C. Repo Rate D. Reverse Repo Rate

6. Who wrote "Planned Economy for India " in the year 1934?

A. Dr. VKRV Rao B. M. Visveswaraya
C. Prof. Dantawala D. neela Kanta Rath

7. Buyers market denotes

A. excess of supply over demand B. equal supply and demand
C. commodities being available at competitive rates D. demand exceeding supply

8. As per RBI directives, which of the following functions cannot be out sourced by the banks?

A. Opening and closing of account B. Cash collections from the parties
C. Recovery of Bad Loans D. Credit cards and Debit cards

9. The Foreign Exchange Reserves of India are kept in the custody of

A. World Bank B. International Monetary Fund
C. Prime Minister Rahat Kosh D. Reserve Bank of India

10. Capital Market Regulator is


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