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Banking Awareness Questions :: IBPS PO Clerks Set 16 Question And Answers

Quantitative Aptitude
Reasoning
Programming
Verbal Ability





























6. Who among the following was NOT the governor of Reserve Bank of India?
A. Manmohan Singh B. Raja J. Chellaiah
C. Bimal Jalan D. C. Rangarajan
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7. Which of the following is a Banking Term
A. Blue Book B. Embargo
C. Real Time Gross Settlement D. Writ
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8. The features of Demand Draft given, Locate the wrong option?
A. It is drawn by a bank upon its own branch or another bank. B. It is payable on demand and it cannot be made payable to bearer.
C. Payment of a demand draft cannot be stopped or countermanded. Due to this reason, the payment is demanded through a bank Draft. D. None
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9. A Demand Draft payable to bearer may be issued only by ______________
A. RBI B. SBI
C. SEBI D. Private Banks
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10. A Demand Draft payable to bearer may be issued only by ______________
A. RBI B. SBI
C. SEBI D. Private Banks
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11. One of the highlights of the cash credit is ?
A. Very useful for industrial concerns B. It can be given by taking security of raw materials and finished goods also.
C. Flexible schedule of payments is attractive in this loan D. All of the above
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12. Bharath has an account in Punjab National Bank. He issued a cheque of Rs. 1000 to Raghu. Who is the drawee in the above case ?
A. Bharath B. Punjab National Bank
C. Raghu D. Bharath and Raghu
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13. Usually, the performance of a particular scheme of a mutual fund is denoted by NAV. NAV means ?
A. Net Asset Value B. Non Accessible Value
C. Net Assignment Value D. Net Asset Value
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14. India is one of the founding members of Kimberley Process Certification Scheme (KPCS). KPCS is related to ?
A. Import and Export fo Rice B. Import and Export of Computers
C. Import and Export of Home Appliances D. Import and Export of Rough Diamonds
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15. Who headed the study group constituted by Indian Banks Association to give the recommendations on Education Loans?
A. R. J. Kamath B. C. Ranga Rajan
C. Dantelwala D. N. Kishore Chaudari
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