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Banking Awareness Questions :: IBPS PO & Clerks Set 2 Question And Answers

Quantitative Aptitude
Reasoning
Programming
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21. Which of the following functions is NOT performed by the Reserve Bank of India ?
A. Regulation of banks in India B. Foreign Currency management in India
C. Regulation of foreign direct investment in India D. Control and supervision of money supply
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22. __________ High Court in India on 2nd April 2014 restored the power of the Reserve Bank of India to decide the period after which the bad loan can be called as a Non-Performing Asset (NPA) ?
A. AP B. Gujarat
C. Assam D. Tamil Nadu
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23. On 25th March 2014, which Public Sector Bank became the first bank in India to launch Instant Money Transfer (IMT) scheme in Mumbai ?
A. IOB B. BOI
C. SBI D. UBI
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24. RBI issued uniform accounting standards for ARCs with regard to acquiring non-performing loans, recognizing revenue and management fees to ensure common treatment for firms. ARC stands for ?
A. Asset Roll Companies B. Area Reconstruction Companies
C. Asset Reconstruction Co-ordinates D. Asset Reconstruction Companies
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25. Qatar based Doha Bank declared to open its first branch in which of the following Indian cities ?
A. Hyderabad B. Mumbai
C. Kolkata D. Pune
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26. Which of the following organizations has became the first listed Indian company among the 30 SENSEX firms to have more than 75 percent shareholding by Foreign Institutional Investors (FIIs) ?
A. HDFC B. HSBC
C. ICICI D. LIC
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27. One 7th January 2014, which panel suggested sweep changes in the banking structure appointed by RBI ?
A. Deepak Mohanthy B. Chaturvedi
C. Nachiket Mor D. Bimal Jalan
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28. As per the Nachiket Mor committee, the banks exclusively should be established for the welfare of ____________ ?
A. Low income households B. industries
C. small scale industries D. bank employees
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29. By what date every Adult citizen of India must hold a savings account as per the report of Nachiket ?
A. 1st Jan 2016 B. 31st Dec 2016
C. 31st Dec 2015 D. 15th Dec 2016
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30. To provide payment services and deposit products to small business and low-income households with a maximum balance of Rs. 50,000 per customer, which type of banks to be set up as per Nachiketmor committee report submitted on 7th January 2014 ?
A. Deposit banks B. Satellite Banks
C. PI Banks D. Payment banks
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