Banking Awareness Questions :: IBPS PO & Clerks Set 3 Question And Answers

Quantitative Aptitude
Verbal Ability

1. Differential rate of Interest Scheme was introduced in which year?  

A. 1972 B. 1977
C. 1975 D. 1973

2. Financial market department was setup in RBI in?

A. July, 2005 B. July, 2006
C. July, 2004 D. July, 2008

3. Dena bank was established in?

A. July 19th, 1967 B. July 19th, 1969
C. July 19th, 1970 D. July 19th, 1965

4. With which bank of September 4, 1993, new bank of India was merged?

A. Axis Bank B. Punjab National Bank
C. State bank of hyderabad D. Karur Vysya Bank

5. Number of deputy governors of RBI is?

A. Four B. Three
C. Two D. Five

6. Which of the following Acts was framed specially to deal more effectively with the problem of Non Performing Assets in Banking system?

A. Industrial Disputes Act B. SARFAESI Act
C. Foreign Exchange Management Act D. All of these

7. Which of the following origanizations / agencies recently prepared a charter of the Banking Codes and Services ? (All banks are required to sign the same)

A. Indian Bank Association (IBA) B. Indian Institute of Banking and Finance (IIBF)
C. All India Bank Employee's Union D. Reserve Bank of India (RBI)

8. Pradhan Mantri Gram Sadak Yojana (PMGSY) was launched in ______________

A. 2000 B. 3000
C. 2500 D. 2050

9. As compared to traditional budgeting, in case 0of Performance and Programme Budgeting System (PPBS), which one of the following statements is correct ?

A. It stresses on outcome only B. It stresses on expenditure allocation only
C. on outcome and less on expenditure allocation D. It stresses less on outcome and less on expenditure allocation

10. Which one of the following partnership in the domestic insurance sector is incorrect ?

A. HDFC - Standard Life B. Birla - Sun Life
C. Tata - Allianz D. Max - New York Life

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