22:16
IBPS banking awareness questions IBPS banking awareness material free download. IBPS banking awareness syllabus. IBPS banking awareness pdf. IBPS banking awareness pdf free download. IBPS banking awareness 2015. IBPS banking awareness study material pdf. IBPS banking awareness preparation.
Subject Banking Knowledge Related General Awareness No of Questions 10 Time Allotted 2 Minutes
1. Which one of the following us not a salient feature of Debit Card?
(1) No bad debts to banks and no suits for recovery
(2) No interest earning for banks
(3) Works like a normal withdrawal
(4) Can be used at ATM and POS
(5) 45 days credit is given to the card holders
2. Bank issue a letter to beneficiary on behalf of its constituents like guarantee for making payment on their behalf on fulfillment of its terms and conditions. What is this arrangement known in banking context?
(1) Line of credit
(2) Loan on credit
(3) Loan against credit
(4) Letters against credit
(5) Letter of credits
3. When a bank provides a loan for purchase of white goods, it is categories as -----------------------
(1) Consumption loan
(2) White Goods loan
(3) Consumer Durable loan
(4) Working Capital
(5) Bridge loan
4. With reference to a cheque which of the following is the ’drawee bank’?
(1) The bank that collects the cheque
(2) The payee’s bank
(3) The endorsee’s bank
(4) The endorser’s bank
(5) The bank upon which the cheque is drawn
5. Which of the following is correct statement?
(1) Normally no interest is paid on current deposit accounts.
(2) Interest is paid on current accounts at the same rate as term deposits accounts.
(3) The rate of interest on current account as savings account are the same
(4) No interest is paid on any deposit by the bank
(5) Savings deposits are the same as current deposits
6. The usual deposit accounts of banks are ---------------
(1) Current accounts, electricity accounts and insurance premium accounts
(2) Current accounts, Post office savings bank accounts and term deposit accounts
(3) Loan accounts, savings bank accounts and term deposit account
(4) Current accounts, savings bank accounts and term deposit accounts
(5) Current bill accounts and term deposit accounts
7. Fixed deposits and recurring deposits are -------------
(1) repayable after an agreed period
(2) repayable on demand
(3) not repayable
(4) repayable after death of depositors
(5) repayable on demand or after an agreed period as per bank’s choice
8. Financial inclusions means provision of ----------------------
(1) financial service namely, payments, remittances, savings, loans and insurance at affordable cost to persons not yet given the same
(2) ration at affordable cost to persons not yet given the same
(3) house at affordable cost to persons not yet given the same.
(4) Food at affordable cost to persons not yet given the same
(5) Education at affordable cost to persons not yet given the same
9. Which of the following is known as cross selling by Banks?
(A) Sale of debit card to a credit card holder
(B) Sale of Insurance policy to a depositor
(C) Issuance of Cash against Cheque presented by a third party
(1) Only (A)
(2) Only (B)
(3) Only (C)
(4) Both (A) and (C)
(5) All (A), (B) and (C)
10. Which of the following is not a measure to control inflation adopted by the Government or RBI?
(1) Monetary Policy
(2) Fiscal Policy
(3) Public Distribution System
(4) Price Control
(5) Financial Inclusion
More Questions
Subject Banking Knowledge Related General Awareness No of Questions 10 Time Allotted 2 Minutes
1. Which one of the following us not a salient feature of Debit Card?
(1) No bad debts to banks and no suits for recovery
(2) No interest earning for banks
(3) Works like a normal withdrawal
(4) Can be used at ATM and POS
(5) 45 days credit is given to the card holders
2. Bank issue a letter to beneficiary on behalf of its constituents like guarantee for making payment on their behalf on fulfillment of its terms and conditions. What is this arrangement known in banking context?
(1) Line of credit
(2) Loan on credit
(3) Loan against credit
(4) Letters against credit
(5) Letter of credits
3. When a bank provides a loan for purchase of white goods, it is categories as -----------------------
(1) Consumption loan
(2) White Goods loan
(3) Consumer Durable loan
(4) Working Capital
(5) Bridge loan
4. With reference to a cheque which of the following is the ’drawee bank’?
(1) The bank that collects the cheque
(2) The payee’s bank
(3) The endorsee’s bank
(4) The endorser’s bank
(5) The bank upon which the cheque is drawn
5. Which of the following is correct statement?
(1) Normally no interest is paid on current deposit accounts.
(2) Interest is paid on current accounts at the same rate as term deposits accounts.
(3) The rate of interest on current account as savings account are the same
(4) No interest is paid on any deposit by the bank
(5) Savings deposits are the same as current deposits
6. The usual deposit accounts of banks are ---------------
(1) Current accounts, electricity accounts and insurance premium accounts
(2) Current accounts, Post office savings bank accounts and term deposit accounts
(3) Loan accounts, savings bank accounts and term deposit account
(4) Current accounts, savings bank accounts and term deposit accounts
(5) Current bill accounts and term deposit accounts
7. Fixed deposits and recurring deposits are -------------
(1) repayable after an agreed period
(2) repayable on demand
(3) not repayable
(4) repayable after death of depositors
(5) repayable on demand or after an agreed period as per bank’s choice
8. Financial inclusions means provision of ----------------------
(1) financial service namely, payments, remittances, savings, loans and insurance at affordable cost to persons not yet given the same
(2) ration at affordable cost to persons not yet given the same
(3) house at affordable cost to persons not yet given the same.
(4) Food at affordable cost to persons not yet given the same
(5) Education at affordable cost to persons not yet given the same
9. Which of the following is known as cross selling by Banks?
(A) Sale of debit card to a credit card holder
(B) Sale of Insurance policy to a depositor
(C) Issuance of Cash against Cheque presented by a third party
(1) Only (A)
(2) Only (B)
(3) Only (C)
(4) Both (A) and (C)
(5) All (A), (B) and (C)
10. Which of the following is not a measure to control inflation adopted by the Government or RBI?
(1) Monetary Policy
(2) Fiscal Policy
(3) Public Distribution System
(4) Price Control
(5) Financial Inclusion
| Questions | Answers |
| 1 | 5 |
| 2 | 5 |
| 3 | 3 |
| 4 | 5 |
| 5 | 1 |
| 6 | 4 |
| 7 | 5 |
| 8 | 1 |
| 9 | 5 |
| 10 | 1 |
More Questions