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IBPS SO Prelims Banking Awareness Quiz 5

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IBPS SO Prelims Banking Awareness Quiz 5

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Banking Awareness is an important section in the employment-related competitive exams in India. In particular, exams like IBPS, SBI and other bank related employment exams have banking awareness questions along with general awareness section. The Banking Awareness section primarily has questions related to the History of Banking, Banking Terms, Banking Products, Functions of Banks, Banks and their Taglines, Schemes, Committees related to Banking, Headquarters of Banks, most recent Banking News, Apps launched by Banks, New Schemes, Monetary Policies etc.
IBPS SO Prelims Banking Awareness Quiz 5 article provides the list of several bank related questions to prepare aspirants of different competitive exams in India, primarily for banking related employment. The article IBPS SO Prelims Banking Awareness Quiz 5 is very useful for different exams such as IBPS SO, IBPS PO, Clerk, SSC CGL, SBI PO, NIACL Assistant, NICL AO, IBPS RRB, Railways, Civil Services etc.

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1. In which year Public Debt Act was passed ?
    A. 1944 B. 1948 C. 1942 D. None of these

2. What is the full form of ASBA ?
    A. Applicable Supported by Blocked Amount B. Already Supported by Blocked Amount C. Applications Supported by Blocked Amount D. None of these

3. ‘Self Help Group’ is associated with which of the following Rural Development Programmes ?
    A. Pradhan Mantri Gram SadakYojana B. TRYSEM C. Swarna Jayanti Gram Swarozgar Yojana D. None of these

4. Call money is related to–
    A. Share Market B. Government Securities C. Banks Deposit D. None of these

5. What is the full form of NSDL?
    A. National Source Depository Limited B. National Securities Depository Limited C. National Sample Depository Limited D. None of these

Answers
1. Answer - Option A
2. Answer - Option C
3. Answer - Option C
4. Answer - Option A
5. Answer - Option B
1. NAMA word is related to which organisation ?
    A. World Trade Organisation B. UNCTAD C. International Monetary Fund D. None of these

2. Which of the following organisations releases “World Economic Outlook” Report ?
    A. Asian Development Bank B. World Bank C. International Monetary Fund D. None of these

3. What is the full form of REER?
    A. Real Earning Emergent Ratio B. Real Effective Exchange Rate C. Real Elective Effective Ratio D. None of these

4. Committee related with the merger of regional rural banks with their sponsor banks is__________.
    A. Khusro Committee B. Khan Committee C. Malegam Committee D. None of these

5. What does PMLA stands for ?
    A. Primary Money Launching Authority B. Promoting Money Laundering Act C. Preventing Money Launching Act D. None of these

Answers
1. Answer - Option A
2. Answer - Option C
3. Answer - Option B
4. Answer - Option A
5. Answer - Option C
1. NACO and Department of Social Justice and Empowerment (DoSJE) has signed a MoU to enhance outreach on AIDS prevention, address the risk of HIV transmission among all substance users and empower the discriminated and vulnerable groups such as victims of HIV/AIDS, drug abuse and female sex workers. What does letter ‘C’ stands for in NACO?
    A. Center B. Care C. Control D. Carrier

2. Which of the following insurance companies has launched ‘Farmitra’ mobile app?
    A. New India Assurance Company Limited B. United India Insurance Company C. Life Insurance of India D. Bajaj Allianz General Insurance

3. Which of the following banks has tied up with Common Service Centre (CSC) e-Governance Services India Limited to expand its reach to villages and remote towns as banking correspondents?
    A. HDFC Bank B. State Bank of India C. Axis Bank D. ICICI Bank

4. The India arm of Netherlands-based Home Credit Group has tied up with which bank for joint lending to tap the large unbanked customer base across the country?
    A. Yes Bank B. Axis Bank C. HDFC Bank D. Karur Vysya Bank

5. With which of the following organizations the Government of India (GoI) has signed the Tranche 2 loan agreement worth $190 million to upgrade 754 kilometers of Rajasthan state highways and major district roads (MDRs)?
    A. World Bank B. Asian Development Bank C. International Monetary Fund D. New Development Bank

Answers
1. Answer - Option C
2. Answer - Option D
3. Answer - Option D
4. Answer - Option D
5. Answer - Option B

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