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

Quantitative Aptitude
Verbal Ability

16. From January 2010, with which bank, Bank of Baroda and Legal & General (UK) commenced a Life Insurance Joint Venture by name M/s India First Life Insurance Co Ltd?

A. Andhra Bank B. Allahabad Bank
C. Union Bank of India D. Bharatiya Mahila Bank
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17. International Day of Rural Women is observed on ?

A. September 15 B. November 15
C. October 15 D. December 15
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18. Which among the following term is not used in Economics ?

A. Continental Drift B. Balance of Trade
C. Fiscal Deficit D. Elasticity
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19. What is meant by "Public Sector Bank" ?

A. The bank runs by the government having the Directors elected by the public B. Government of India or RBI or both have the least 51% shares in the bank
C. The Bank gives the accounts to Government only but not private individuals D. More people visit these banks
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20. The RBI on 30th June 2011 liberalized foreign direct investment norms allowing corporates to pay for import of _________ by issuing equity to their suppliers

A. Capital goods B. Machinery
C. Equipment D. All the above
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21. The highlight of demand deposit is ________

A. multiple deposits B. multiple withdrawals
C. any time banking D. All of above
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22. Interest payable on savings bank accounts is ?

A. De-regulated by RBI B. Regulated by State Governments
C. Regulated by RBI D. Regulated by Finance Minister
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23. As per the order of RBI on 28th May 2013, who is not eligible to become an account holder in Joint Account ?

A. Minor B. Bank Employees
C. People with diseases D. Senior citizens
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24. In the opening of Savings Account (few other accounts also) bank ask to write Nominee name. Who shall be the nominee ?

A. Close blood relation only B. Any person
C. Account holder in the same bank only D. Female only
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25. Nominee's age in the savings account _________

A. below 10 years only B. above 8 years only
C. any age D. below 60 years only
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