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Banking Awareness Questions :: IBPS PO Clerks Set 14 Question And Answers

Quantitative Aptitude
Reasoning
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11. In a company the use of proce sensitive corporate informatin by the company people to make gains or cover loss known as?
A. Insider trading B. future trading
C. Foreign Trading D. Stock Trading
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12. As we all knwo "Mobile Banking" is comparatively a new mode of bankign all over the world, what is its status in India?
A. The willingness to conduct banking through mobile devices is higher in India
B. About 4% of total m-commerce transactions have taken place in the first few months of the current fiscal year in India
C. Since RBI's permission is needed for offering mobile banking, only two private banks are providing this service at present
A. Only A B. Only B
C. Only C D. All A, B and C
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13. Expand the term IFRS
A. Indian Financial Reporting Standards B. Indian Financial Reporting Systems
C. International Financial Reporting Standards D. International Financial Reporting Systems
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14. Consider the following statements
A. With growing saivngs among households in India, the need for retail credit is declining.
B. The Banking Ombudsman is a senior official appointed by the RBI
Which among the statements given above is / are correct?
A. Only A B. Only B
C. Both A and B D. Neither A nor B
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15. Which of the following fall in teh category of refinance institutions?
A. SIDBI B. NABARD
C. National Housing Bank (NHB) D. All of these
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16. Recently on 15th July 2014, the European Parliament elected "Jean-Claude Juncker" in a secret ballot as President of the new European Commission. He is going to take office from?
A. 1st December 2014 B. 1st November 2014
C. 1st September 2014 D. 1st October 2014
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17. The minimum number of votes required to elect the president of European Commission are ?
A. 256 B. 265
C. 895 D. 376
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18. Largest public sector bank in India is?
A. Punjab National Bank B. State Bank of India
C. Allahabad Bank D. Canara Bank
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19. Public Sector Banks include ?
A. 20 Nationalized Banks + State Bank of India + 5 SBI Associates + IDBI B. 20 Nationalized Banks + 6 Private Banks
C. 14 Nationalized Banks + 6 SBI Associates + 7 Private Banks D. 20 Nationalized Banks + State Bank of India + 5 Private Sector Banks + IDBI
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20. Which commission distributes the taxes between centre and states ?
A. National Development Counsel B. Board of Direct Taxes
C. Planning Commission D. Finance Commission
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