Banking Awareness Questions :: IBPS PO Clerks Set 13 Question And Answers

Quantitative Aptitude
Verbal Ability

1. Which of the following departments of the Govt of India has initiated the public Bicycle scheme for 10 cities under the Mission for Sustainable Habitat?

A. Rural Development Ministry B. Urban Development Ministry
C. Environment Ministry D. Surface Transport Ministry

2. In a landmark move, which of these state governments has set up a Savarna Aayog, a commission to identify the deprived and underprivileged families among upper castes?

A. Uttar Pradesh B. Bihar
C. Madhya Pradesh D. Rajasthan

3. A closed economy is an economy in which ____________

A. the deficit financing takes place B. Only exports takes place
C. Neither exports nor imports takes place D. The money supply is full

4. Identify the mismatched pair from the following?

A. ACCOCHAM - Rana Kapoor B. FICCI - Naina Lal Kidwai
C. CII -  S Gopalakrishnan D. All are correctly matched

5. RBI has asked banks to make a plan to provide banking services to all villages having a population upto 2000. This directive issued by the RBI will fall in which of the following categories?

A. Plan for Financial Inclusion B. Efforts to meet the targets of Priority Sector Lending
C. Plan for opening more rural branches D. Extension of Relief Packages to the Formers

6. On 29th August 2011, RBI revealed its draft guidlines for licencing of new banks in the private sector. It insisted that the new private banks need Rs. __________crores capital to initiate a bank.

A. 100 B. 200
C. 400 D. 500

7. We use PIN number in the transaction of bank ATM. PIN Means?

A. Personal Identification Numeral B. Personal Identity Number
C. Personal Identification Number D. Preferential Identification Number

8. Which bank(s) was / were awarded Nobel Prize for doing commendable work in the field of micro-finance?

A. NABARD B. Gramin Bank of Bangladesh
C. Both 1 and 2 D. State Bank of india

9. Which of the following has asked all the banks to form customer service panels at branch levels?


10. The world Bank is also referred to as


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