Banking Awareness Questions :: IBPS PO Clerks Set 26 Question And Answers

Quantitative Aptitude
Verbal Ability

1. The 23rd World Economic Forum on East Asia was recently concluded in ?

A. Philippines B. Thailand
C. Vietnam D. Indonesia

2. The share of deposits that banks must maintain in safe and liquid assets such as government securities, is known as ?

C. reverse repo rate D. bank rate

3. According to the latest available data (as of June 2014), what was the India's economic growth in 2013-14 ?

A. 4.7% B. 4%
C. 5.3% D. 5.7%

4. The Purchasing Manager's Index (PMI) is an economic gauge for measuring the well being of which among the following ?

A. Retail B. Manufacturing
C. Real Estate D. Agriculture

5. What is the objective of the government behind setting up a Minimum Export Price (MEP) for a particular commodity ?

A. To check price rise B. To promote exports
C. To discourage exports D. To provide subsidy to producers

6. Who is the Chairman of the Expert Committee formed by RBI recently to review the governance of Bank of Baroda  in India ?

A. S. Raman B. P. J. Nayak
C. Joydeep Sengupta D. Nancy Powell

7. Which of the following statements is correct about "Connect Card" started by Indian Overseas Bank ?

A. It is ATM cum Debit card to be used for e-commerce B. It is started in association with Master Card
C. It is Credit Card D. It can not be used in ATM

8. Which Bank launched the "Connect Card" ?

A. Indian Overseas Bank B. State Bank of India
C. ICICI Bank D. Axis Bank

9. RBI allowed the Indian companies to issue ______________ to non-resident shareholders as bonus.

A. Convertible preference shares B. Irredeemable preference shares
C. Convertible non-preference shares with penalty D. Non-Convertible preference shares as bonus

10. Banking Companies (Acquisition and Transfer of Undertaking) Bill passed ___________ paving way to the nationalization of banks in India ?

A. 1974 B. 1969
C. 1981 D. 1961

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