Banking Awareness Questions and Answers

  • 1. Union Minister of State for Atomic Energy for Space is ___________
   A.) Piyush Goyal
   B.) Dr. Jitendra Singh
   C.) V. K. Singh
   D.) Maneka Gandhi

Answer: Option 'B'

Dr. Jitendra Singh

  • 2. Commercial arm of ISRO is ______

Answer: Option 'B'


  • 3. New TRAI (Telecom Regulatory Authority of India) Chairman is _________
   A.) R. S. Sharma
   B.) K. V. Chowdary
   C.) Prashant Pathrabe
   D.) Prof Sanghmitra Bandyopadhyay

Answer: Option 'A'

R. S. Sharma

  • 4. ISRO achieved a huge milestone as it successfully tested latest and most powerful cryogenic engine for 800 seconds on 20th July 2015. This full duration test was performed successfully at _________
   A.) Thumba, Kerala
   B.) Sriharikota, Andhra Pradesh
   C.) Chandipur, Odisha
   D.) Mahendragiri, Tamilnadu

Answer: Option 'D'

Mahendragiri, Tamilnadu

  • 5. "Father of Indian Missile Science" is ______
   A.) A. P. J. Abdul Kalam
   B.) P. K. Iyengar
   C.) C. V. Raman
   D.) Sir Jagadish Chandra Bose

Answer: Option 'A'

A. P. J. Abdul Kalam

  • 6. The list of Important days given. Locate the correct option ?
   A.) National Broadcasting Day - 23rd July
   B.) World Blood Donors Day - 14th June
   C.) National Doctor's Day - 1st July
   D.) All of these

Answer: Option 'D'

All of these

  • 7. On 25th July 2015, to ensure round the clock electricity supply to farmers and rural households, "Deen Dayal
    Upadhyaya Gram Jyoti Yojana" launched at _______
   A.) Suratgarh
   B.) Patna
   C.) Varanasi
   D.) New Delhi

Answer: Option 'B'


  • 8. The ICC World Twenty 20 cup 2016 hosts by _________
   A.) India
   B.) Bangladesh
   C.) Sri Lanka
   D.) England

Answer: Option 'A'


  • 9. Trophy and Sport / Game event given, Pick the correct combination.
   A.) Cricket - ICC World Cup, Ashes cup, Ranji Trophy, Deodhar Trophy, Duleep Trophy, Irani Trophy
   B.) Football - FIFA cup, Durand Cup, Rovers Cup, Santosh Trophy, Subroto Cup
   C.) Hockey - Agha Khan Cup, Beighton Cup, Dhyan Chand Trophy, Murugappa Gold Cup
   D.) All of above

Answer: Option 'D'

All of above

  • 10. Who is the winner of Tour De France 2015 ?
   A.) Alejandro Belmonte (Spain)
   B.) Chris Froome (Kenyan born British)
   C.) Vincenzo Nibali (Italy)
   D.) Fabian Cancellara (Switzerland)

Answer: Option 'B'

Chris Froome (Kenyan born British)

  • 11. In the International Women's Wrestling Tournament, India finishes second place concluded on 26th July 2015. The event concluded at __________
   A.) Baku
   B.) Tallinn
   C.) Astana
   D.) Vilnius

Answer: Option 'C'


  • 12. The full form of SREP used in Basel framework is :
   A.) Standard Review and Evaluation Process
   B.) Supervisory Review and Electronic Process
   C.) Standardised Revision and Evaluation Practice
   D.) Supervisory Review and evaluation Process

Answer: Option 'D'

Supervisory Review and evaluation Process

  • 13. In order to enable private sector banks to attract and retain professional directors, the Reserve Bank has issued guidelines on compensation for non-executive Directors for implementation by private sector banks, that will reflect market realities and will be within the parameters specified in the:
   A.) Banking Regulation Act, 1949
   B.) The Indian Companies Act, 2013 (Amended)
   C.) RBI Act 1934
   D.) Both 1 & 2

Answer: Option 'D'

Both 1 & 2

  • 14.  An executor of deceased account is appointed under ______?
   A.) Trust
   B.) Will
   C.) Family tradition
   D.) None of the above

Answer: Option 'B'


  • 15. Relationship between the RBI and the bank maintaining currency chest will be of ______?
   A.) Trustee and beneficiary
   B.) Creditor and debtor
   C.) Licensor and licensee
   D.) Principal and agent

Answer: Option 'D'

Principal and agent

Banking Knowledge and Awareness MCQs 2016 Download Pdf