Banking Awareness Questions :: IBPS PO Clerks Set 26 Question And Answers

Quantitative Aptitude
Verbal Ability

1. The 23rd World Economic Forum on East Asia was recently concluded in ?

A. Philippines B. Thailand
C. Vietnam D. Indonesia
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2. The share of deposits that banks must maintain in safe and liquid assets such as government securities, is known as ?

C. reverse repo rate D. bank rate
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3. According to the latest available data (as of June 2014), what was the India's economic growth in 2013-14 ?

A. 4.7% B. 4%
C. 5.3% D. 5.7%
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4. The Purchasing Manager's Index (PMI) is an economic gauge for measuring the well being of which among the following ?

A. Retail B. Manufacturing
C. Real Estate D. Agriculture
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5. What is the objective of the government behind setting up a Minimum Export Price (MEP) for a particular commodity ?

A. To check price rise B. To promote exports
C. To discourage exports D. To provide subsidy to producers
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6. Who is the Chairman of the Expert Committee formed by RBI recently to review the governance of Bank of Baroda  in India ?

A. S. Raman B. P. J. Nayak
C. Joydeep Sengupta D. Nancy Powell
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7. Which of the following statements is correct about "Connect Card" started by Indian Overseas Bank ?

A. It is ATM cum Debit card to be used for e-commerce B. It is started in association with Master Card
C. It is Credit Card D. It can not be used in ATM
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8. Which Bank launched the "Connect Card" ?

A. Indian Overseas Bank B. State Bank of India
C. ICICI Bank D. Axis Bank
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9. RBI allowed the Indian companies to issue ______________ to non-resident shareholders as bonus.

A. Convertible preference shares B. Irredeemable preference shares
C. Convertible non-preference shares with penalty D. Non-Convertible preference shares as bonus
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10. Banking Companies (Acquisition and Transfer of Undertaking) Bill passed ___________ paving way to the nationalization of banks in India ?

A. 1974 B. 1969
C. 1981 D. 1961
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