Banking Awareness Questions

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Banking Awareness Questions

There is a problem with the candidates preparing for Bank Exams that they are not able to prepare for the banking and financial awareness subject asked under the exam in a better way. Due to which candidates feel very troublesome. Explain that banking and financial awareness are subjects that are important for banking exams like IBPS PO, IBPS Clark, SBI Clerk, IBPS RBI Officer, IBPS RBI Office Assistant, IBPS SO, SBI SO besides other competitive examinations. 

Here, we are providing useful Banking and Financial Awareness Questions and Answers for your upcoming Banking Exams as well as other competitive exams, whose daily practice can help you achieve success in the first attempt itself. Along with this, after passing the banking written test, it will also be helpful for you in the interview.

Students can easily get free general knowledge questions on this platform for online exam practice  to obtain good marks in the competitive exams. Current Affairs Mock Test 2019 and Monthly Current Affair.

Banking & Financial Awareness Questions 

Q :  

First Bank established in India was

(A) Bank of India

(B) Bank of Hindustan

(C) Bank of Bharat

(D) Bank of Agra

(E) None of these


Correct Answer : B

Q :  

The concept of Economic planning in India is derived from ________.

(A) USA

(B) UK

(C) Australia

(D) Russia


Correct Answer : D

Q :  

A Debit Card Cam be issued to 

(A) Only Income tax assesses

(B) Only Professionals

(C) Only Women

(D) All farmers

(E) All savings account


Correct Answer : E

Q :  

Which of the following is not a measurement dimension of the recently launched Financial Inclusion Index (FII)?

(A) Quantity of Credit to GDP

(B) Access to financial services

(C) Usage of financial services

(D) Quality

(E) None of these


Correct Answer : A

Q :  

What are the Pre-Payment charges applied on paying personal loan before tenure period. 

(A) 10% of the Principal

(B) 5% of the Principal

(C) 1-2% of the Principal

(D) 7% of the Principal


Correct Answer : C

Q :  

What Street Name is used to refer to the RBI? 

(A) Reserve Street

(B) Credit Street

(C) Mint Street

(D) None of the above


Correct Answer : C

Q :  

What is the upper age limit for Pradhan Mantri Jeevan Jyoti Bima Yojana renewable insurance scheme? 

(A) 55 years

(B) 60 years

(C) 65 years

(D) 50 years


Correct Answer : D

Q :  

Which of the following is an example of Representative Money?

(A) Gold

(B) Silver

(C) Tobacco

(D) None of these

(E) All of these


Correct Answer : E

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    Rajesh Bhatia

    A Writer, Teacher and GK Expert. I am an M.A. & M.Ed. in English Literature and Political Science. I am highly keen and passionate about reading Indian History. Also, I like to mentor students about how to prepare for a competitive examination. Share your concerns with me by comment box. Also, you can ask anything at linkedin.com/in/rajesh-bhatia-7395a015b/.

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