Important IBPS Banking Awareness Questions (Set-3)

We have provided here model practice set of banking awareness for IBPS PO/clerk/RRB exams. From now we will publish more sample IBPS banking awareness question sets.


Q. What do you mean by 'Cash deposit ratio'?

(a) The percentage of cash-in-hand-balance with the Central Bank
to the aggregate deposits
(b) The percentage of total cash money received as deposits by banks
(c) All the above
(d) None of the above




Q. In which year Lead Bank Scheme was introduced?

(a) 1965
(b) 1969
(c) 1981
(d) 1992







Q. Whcih bank has the maximum number of foreign branches at present?

(a) SBI
(b) Canara Bank
(c) Bank of Baroda
(d) Bank of India




Q. The total number of export processing zones in India is-

(a) 5
(b) 6
(c) 7
(d) 8




Q. Financial Statement comprises of -

(a) Profit and Loss Account
(b) Balance sheet
(c) Funds-flow-statement
(d) All the above




Q. Which are the Legal Tenders?

(a) Drafts
(b) Cheques
(c) Currency notes
(d) Government drafts




Q. What is 'Non-negotiable' crossing?

(a) General crossing
(b) Special crossing
(c) Restricted crossing
(d) Non-transferable crossing




Q. A shareholder is defined under-

(a) The Banking Regulation Act, 1949
(b) The Companies Act, 1956
(c) The Securities Contract Regulation Act, 1956
(d) Indian Contract Act




Q. The interest-charts for different maturities and for different rates of interest is supplied by-

(a) IBA
(b) RBI
(c) Government of India
(d) IBRD




Q. Who determines the rate of interest on deposits?

(a) IBA
(b) Ministry of Finance
(c) RBI
(d) Government of India

Check more Banking Awareness-

• 25 sample banking awareness questions for IBPS exam (Set-1)
• 30 model IBPS banking awareness (Set-2)
• The First, Largest, Biggest, Oldest bank in India
• Important information about 19 Nationalized Banks in India
• Tag Lines of nationalized banks of India