Banking Awareness Questions :: IBPS PO & Clerks Set 7 Question And Answers

Quantitative Aptitude
Verbal Ability

11. SEBI decided to given an exemption to some companies from the requirement of the minimum 25 percent public share holding. Companies exempted from such requirement should fulfill which of the following norms ?
A) They should have market Capitalization of Rs. 1,000 Crore
B) They should have 20 millions shares listed
C) They should have a turnover of Rs. 400 Crore per annum

A. Only A B. Only B
C. Only C D. A and C both
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12. Open market operations, one of the measures taken by RBI in order to control credit expansion in the economy means _____________

A. Sale or purchase of Govt. securities B. Issurance of different tpes of bonds
C. Auciotn of gold D. To make available direct finance to borrowers
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13. Which of the following is NOT the part of the structure of the Financial System in India ?

A. Industrial Finance B. Agricultural Finance
C. Govt Finance D. Personal Finance
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14. Which of the following statements about the NABARD is / are true ?
A) NABARD has a dual role to play as it is an apex body and a refinance institution
B) NABARD services as a refinance institution for all kids of production and investment credit to agriculture and cottage and village industries
C) NABARD accepts short term deposits from the public like any other bank to improve its capital base

A. Only A B. Only B
C. Only C D. Only A and B
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15. Industrial exit policy means _____________

A. Forcing foreign companies to leave India B. Forcing business units to move out of congested localities
C. Allowing manufacturers to shift their line of products D. Allowing business units to close down
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16. Non-banking  financial companies, producer companies and LAB come under the category of For-Profit-MFIs. LAB means ?

A. Local Area Banks B. Loan Area Banks
C. Local Axis Banks D. Legal Area Banks
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17. SKS Micro-finance Ltd, the only listed micro lender in the country founded by __________

A. Sudipa Sen B. Vikram Akula
C. Kunal Ghosh D. M. B. N. Rao
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18. Who launched an 'India Micro-finance Platform', a portal on micro-finance activities across the country, with the assistance of World bank funds on 28th June 2013?

A. Exim Bank B. SIDBI
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19. SIDBI related statements are given. Pick the wrong statement.

A. It was established on 2nd April 1990 B. SIDBI means Small Industries Development Bank of India
C. its head office is in Nagpur D. It is the principal financial institution for the promotion, financing and development of industry in the small scale sector
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20. Who is the new Chairman & Managing Director of Allahabad Bank (from 12th March 2014)?

A. Rakesh Sethi B. S. K. Roy
C. T. C. A. Ranganathan D. Rahul Khullar
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