IBPS Clerk Main: Current Affairs and Banking Awareness Quiz

1. Which of the following is the Central Bank of our Country?

a) State Bank of India

b) Central Bank of India

c) National Bank for Agriculture and Rural Development

d) Reserve Bank of India

e) None of these

2. People normally go to a bank for withdrawal or / and depositing their money. In addition to that banks provide many other services these days. Which of the following is / are such new series?

A. Sale of insurance policies

B. Loans for higher studies for children.

C. Acceptance of bills for Telephone / Electric Supply Services on behalf of such organizations.

a) Only A

b) Only B

c) Only C

d) Both A and B

e) A, B and C

3. India has different categories of Commercial Banks. Which of the following is not one such category?

a) Private Banks

b) Commodity Banks

c) Nationalized Banks

d) Co-operative Banks

e) Foreign Banks

4. Government of India these days is very keen about the credit to the rural people. Which the following is the product launched by the banks to provide loan / credit to the farmers quickly?

a) Kisan Vikas Patra

b) Indira Vikas Patra

c) Kisan Credit Card

d) National Savings Scheme

e) All of these

5. Government of India gives subsidy to which of the following products to help farmers indirectly?

a) Tractors

b) Power Tillers

c) Pesticides

d) Chemical Fertilizers

e) None of these

6. 'Rupee' is the currency of

a) Nepal

b) Indonesia

c) Myanmar

d) Bangladesh

e) Libya

7. The two main seasons of cropping in India are known as –––

a) Hot - Cold

b) Winter - Spring

c) Summer - Winter

d) Rainy - Cold

e) Kharif - Rabi

8. The maximum crop area (about 75%) in India is covered by ____

a) food crops

b) ornamental plants

c) cash crops

d) vegetables

e) jute and cotton

9. Which of the following terms is not related with the banking operations?

a) Current Account

b) Exchange Rate

c) Investment rate

d) Domestic Saving Rate

e) Veto Power

10. Loan taken by a small farmer will be considered a loan for agricultural purpose by a bank:

A. Purchase of tractor

B. Purchase of seeds

C. Purchase of gold for marriage of the daughter

a) Only A

b) Only B

c) Both A and B

d) Only C

e) None of these

11. International Day of Non - violence is observed on the birth day of

 a) Jawahar Lal Nehru

b) Indira Gandhi

c) Rajiv Gandhi

d) Sonia Gandhi

e) Mahatma Gandhi

12. The National Stock Exchange is located in ____.

a) New Delhi

b) Mumbai

c) Kolkata

d) Chennai

e) Bangalore

13. Which of the following prizes / Awards is given for excellence in the field of Sports?

a) Pulitzer Prize

b) Shanti Swarup Bhatnagar Award

c) Arjuna Award

d) Shram Vir Purushkar

e) None of these

14. Santosh Trophy is associated with the game of ____ .

a) Cricket

b) Football

c) Hockey

d) Tennis

e) Golf

15. Which of the following is a method of 'Irrigation' prevalent in India?

a) Igloo

b) Fog

c) Drip

d) Delta

e) Lagoon

16. Cotopaxi, a beautiful snow covered volcano is located in which country?

a) Cuba

b) USA

c) Ecuador

d) Chile

e) China

17. With reference to the fourth bimonthly Monetary Policy Report 2015-16, what is the Current Repo Rate in India?

a) 7.25%

b) 6.25%

c) 6.75%

d) 6.50%

e) 5.75%

18. The ARSAT - 2 is a communication satellite launched by which country?

a) Australia

b) Argentina

c) South Korea

d) Angola

e) China

19. Which country has been severely affected by Super typhoon Dujuan?

a) Philippines

b) Japan

c) China

d) Bangladesh

e) Nepal

20. Who among the following has been crowned the prestigious UK Crime Writer's Association Gold Dagger award?

a) JK Rowling

b) Robert Galbraith

c) Michael Robotham

d) Rolf Harris

e) None

Answers:

1) d; 2) e; 3) b; 4) c; 5) d 6) a; 7) e; 8) a; 9) e; 10) c;

11) e; 12) b; 13) c; 14) b; 15) c; 16) c; 17) c; 18) b; 19) c; 20) c