Banking Awareness Questions for IBPS RRB PO and Clerk

Banking Awareness Questions for IBPS RRB PO and Clerk

Dear Readers, In this article we are sharing pdf of Banking Awareness Questions for IBPS RRB PO and Clerk. Banking Awareness. Banking Awareness Quiz not only helps you deal with the General Awareness Section of Banking Exams but also, the Personal Interview round of Banking Recruitment.

Banking Awareness Questions for IBPS RRB PO and Clerk Pdf Download Link Given at the end of Post

1.What do you mean by “C” in the term called as FMCG?
a) Customer
b) Consumer
c) Creditor
d) Country
e) None of the above

2. In the term called as AMFI, what do you mean by “M”?
a) Mutual
b) Money
c) Managing
d) Miscellaneous
e) none of the above

3. The money market in our country has been divided into organized sector and unorganized sector and which among the following do not fall under the unorganized sector category?
a) Reserve Bank of India
b) All commercial banks including SBI group, nationalized banks, foreign banks
c) Life Insurance Corporation of India
d) Indigenous banks
e) General Insurance Corporation of India

4. When a currency is converted into any other currency without any limit and for any purpose, it is called as
a) Fully convertible
b) partially convertible
c) controlled convertible
d) not at all convertible
e) none of the above

5. RRBs are permitted to undertake corporate agency business, without risk participation, for distribution of all types of insurance products, including health and animal insurance subject to the condition that 
1) The bank should comply with the Insurance Regulatory and Development Authority (IRDA) regulations for acting as composite corporate agent’.
2) The bank should not adopt any restrictive practice of forcing its customers to go in only for a particular insurance company in respect of assets financed by the bank
3) The risks, if any, involved in insurance agency should not get transferred to the business of the bank
4) none of the above
5) all of the above
6. Deposits with Regional Rural Banks are insured by 
1) Life Insurance Corporation of India
2) General Insurance corporation
3) Deposits Insurance and Credit Guarantee corporation
4) None of the above
5) all of the above

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