Banking and Financial awareness pdf for IBPS RRB

Here are some important and some latest objective questions for those who are preparing for RRB or for other banking sector exams.

Q1-Which banks have been created with a view of serving primarily the rural areas of India with basic banking and financial services operating at the regional level in different states of India?

(a) RBI
(c) SEBI
(d) RRB
• Correct option: (d)

Q2- In which year and date RRBs are founded?

(a) 2 October 1975
(b) 2 October 1965
(c) 5 September 1955
(d) 2 September 1985
• Correct option: (a)

Q3-For about how much per cent of RRBs are owned by Sponsor Banks?

(a) 50%
(b) 35%
(c) 65%
(d) 10%
• Correct option: (c)

Q4-The disbursement of wages of MGNREGA workers are carried out by :

(c) SEBI
(d) RRB
• Correct option: (d)

Q5- Under which act RRBs provide sufficient banking and credit facility for agriculture and other rural sectors?

(a) RRB Act 1976
(b) The Agricultural Act, 1965
(c) The Rural Act, 1974
(d) None of the above
• Correct option: (a)

Q6- “My Unforgettable Memories” is written by :

(a) Sanjaya Baru
(b) APJ Abdul Kalam
(c) Mamata Banerjee
(d) Chetan Bhagat
• Correct option: (c)

Q7-Which is the oldest dance form in India?

(a) Kathak
(b) Bharatnatyam
(c) Garba
(d) Bihu
• Correct option: (b)

Q8- “Mohiniyattam” is a classical dance form of which state?

(a) Uttar Pradesh
(b) Karnataka
(c) Andhra Pradesh
(d) Kerala
• Correct option: (d)

Q9-Which is the country’s third-largest private sector lender whose name has been officially changed to the Axis bank limited?

(a) HDFC
(b) Centurion bank
(c) ICICI bank
(d) UTI Bank
• Correct option: (d)

Q10- RRBs are sponsored by:

(a) Nationalised Commercial bank
(b) RBI
(c) SBI
(d) Government of India
• Correct option: (a)

Q11-Expand the term LIBOR as used in the financial banking sectors:

(a) Local Indian bank offered rate
(b) London-India Bureau of Regulations
(c) Liberal International Bank Official Ratio
(d) London Inter-Bank Offered Rate
• Correct option: (c)

Q12-With which of the following types of loans are “teaser rates” related?

(a) Home loans
(b) Personal loans
(c) Auto loans
(d) Reverse Mortgage Loans
• Correct option: (a)

Q13-The only merger of two Public Sector banks took place between:

(a) Bank of India and New Bank of India
(b) PNB and New Bank of India
(c) Allahabad Bank and United Bank of India
(d) PNB and Bank of Rajasthan
• Correct option: (b)

Q14-The task force to evaluate issues related to Infant Mortality Rate, Maternal Mortality Rate, Total Fertility Rate, etc has been set up by the Woman And Child Development Ministry and it will be headed by?

(a) Jaya Jaitly
(b) Pradeep Mishra
(c) Ali Raza Rizvi
(d) Aastha Saxena
• Correct option: (a)

Q15- The information booklet titled “Safe online learning in the times of COVID-19” has been launched and developed by the _____ and UNESCO New Delhi office :

(a) Central Board of Secondary Education
(b) National Council of Educational Research and Training
(c) All India Council for Technical Education
(d) University Grants Commission
• Correct option: (b)

Q16- Name the former union minister and three times Congress MP from Ladakh who passed away recently in June 2020?

(a) Ashok Kumar Sen
(b) Arun Nehru
(c) P Namgyal
(d) Bali Ram Bhagat
• Correct option: (c)

Q17-“Sattriya” is a classical dance form of which Indian state?

(a) Meghalaya
(b) West Bengal
(c) Assam
(d) Odisha
• Correct option: (c)

Q18-“Vilasini Natyam” is a folk dance of Which state?

(a) Maharashtra
(b) Uttar Pradesh
(c) Jammu and Kashmir
(d) Andhra Pradesh
• Correct option: (d)

Q19-The book “Freedom in Exile” is written by:

(a) Dalai Lama
(b) Ruskin bond
(c) Meira Kumar
(d) Raghav Bahal
• Correct option: (a)

Q20-How many RRBs are there in India as per 1st April 2020?

(a) 65
(b) 43
(c) 25
(d) 45
• Correct option: (b)

Also Read: Banking,financial and economic awareness for RBI Assistant Mains

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