Important Banking Awareness Quizzes (Topic Wise) for Upcoming IBPS Exams 2017

1). In India banks are classified into --------------- different types.

2). Scheduled banks are classified under ------------------ Act.

3). The Scheduled banks must have paid up capital and reserves atleast Rs_________.

4). What is very restricted form of banking, where the institution is not allowed to take risks by giving fresh loans to business?

5). What is the provision of accessing the banking and related services online without actually going to the bank branch/office in person?

6). What the provision of services by a bank to individual consumers, rather than to companies, corporations or other banks?

7). ________ type of banking that promote clean energy technologies.

8). What is a form of banking when a small group of individuals control three or more banks which are independently chartered?

9). What refers to all the non-bank financial intermediaries that provide services similar to those of traditional commercial banks?

10). What is a banking system in which banks provide a wide variety of financial services, including commercial and investment services?

11). Which committee recommended the Universal Banking concept?

12). What is an approach where banks undertake both commercial and industrial banking?

13). What is a system of banking wherein a bank operates in a limited area, does not open any branches in other places and is more responsive to local needs?

14). What is a profitable way of doing business by banks in foreign countries in which they don’t have physical presence or limited operational permissions?

15). When a bank accepts currencies of countries abroad, such an activity is known as _______.