Banking Awareness Questions :: IBPS PO & Clerks Set 2 Question And Answers

Quantitative Aptitude
Verbal Ability

1. In India which is the biggest commercial bank in public sector?

A. Andhra Bank B. State Bank of India
C. State Bank of Hyderabad D. Axis Bank

2. Monetary policy is a policy adopted by?

A. Reserve Bank of india B. State Bank of India
C. Axis Bank D. State Bank of Hyderabad

3. At the liquidity trap which will be very low?

A. The rate of interdiction B. The rate of involvement
C. The rate of interested D. The rate of Interest

4. Interest rate policy is a part of which policy?

A. Monetary Policy B. Fiscal policy
C. Permanent Coverage D. None of these

5. Which is not an instrument of monetary policy?

A. export duty B. Import duty
C. Import tariff D. None of these

6. Which of the following term is NOT related with Banking / Finance?

A. Annuity B. Line of Credit
C. Lipitor D. Fore Closure

7. Which of the following Negotiable Instruments can be crossed to the banks?

A. Cheques B. Bills of Exchange
C. Drafts D. All of these

8. Coins are minted at _________

A. Mumbai B. Hyderabad
C. Kolkata D. All of these

9. Which of the following is NOT a funciton of a commercial bank?

A. Providing project finance B. Deciding policy rates like CRR, Repo Rates and SLR etc
C. Providing services such as locker facilities, remittances etc D. Selling Mutual Funds

10. Banks do not issue ________

A. Cheque Book B. PAN Card
C. Demand Draft D. Letter of Credit

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