Banking Awareness for Upcoming Exams Set 67

Banking Awareness Questions for Bank and Insurance Exams

Important Banking Awareness Questions  for SBI PO, IBPS PO, NIACL, LIC, RBI, RRB PO Clerk, IPPB and other competitive exams. Important Banking Awareness Questions IBPS PO

  1. Assets that are no longer required for the operation of a business are called _______
    A) No Purpose Asset
    B) Current Assets
    C) Operating Assets
    D) Non-Core Assets
    View Answer
    Option D
    : Non-core assets are assets that are either not essential or simply no longer used in a company’s business operations. They usually serve companies best when extra cash is needed as they can often be sold. Some businesses sell their non-core assets in order to pay down their bank debt.
  2. The Revised Prompt Corrective Action (PCA) Framework of RBI for Banks has come into effect from?
    A) January 1, 2017
    B) April 1, 2017
    C) May 1, 2017
    D) February 1, 2017
    View Answer
    Option B
    : Effective from April 1, 2017 to March 1, 2018
  3. What will be the number if NEFT settlement on week days from July 10, 2017?
    A) 12
    B) 11
    C) 23
    D) 24
    View Answer
    Option C
    : Earlier it was 12, from July 1, 2017 it will be 23
  4. Trade Receivables Discounting System (TReDS) is a digital platform for?
    A) Mutual Funds
    B) Share Market
    C) MSME
    D) e-NAM
    View Answer
    Option C
    : Trade Receivables Discounting System (TReDS) — a digital platform where small businesses (MSMEs) can get access to capital by auctioning their trade receivables.
  5. Which company works to manage and to make profitable those assets which have been underperforming or become formally classified as NPA?
    A) Asset Renewal Company
    B) Asset Reconstruction Company
    C) Asset Performance Company
    D) Asset Withdrawal Company
    View Answer
    Option B
    : Asset Reconstruction Company
  6. *99# service is known as?
    A) ASSD
    B) NUUD
    C) USSP
    D) USSD
    View Answer
    Option D
    : USSD (Unstructured Supplementary Service Data)
  7. What does R stands form in QR Code?
    A) Response
    B) Revenue
    C) Random
    D) Rate
    View Answer
    Option A
    : QR- Quick Response
  8. BHIM app is available in how many languages?
    A) 9
    B) 10
    C) 11
    D) 12
    View Answer
    Option D
  9. Which of the following cannot be used for money transfer to relatives?
    A) UPI
    B) IMPS
    C) BBPS
    D) RTGS
    View Answer
    Option C
    : BBPS is for bill payments
  10. EPS is the portion of a company’s profit allocated to each outstanding share of common stock. What does E stands for in EPS?
    A) Encryption
    B) Earning
    C) Equity
    D) Estimate
    View Answer
    Option B
    : Earning per Share



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44 Thoughts to “Banking Awareness for Upcoming Exams Set 67”

  1. sachin shukla@Target SBI Mains

    Good Morning suraj sir
    Aaj oliveboard k st me sentence completion me 3/5 sahi hua ittta dhyan se kiya fr bhi 5/5 nahi hua

    1. Suraj

      3/5 is good in sentence connector 🙂

      1. sachin shukla@Target SBI Mains

        noo sir sentence jo complete krna hota h passage type……..connector type nahi diya tha aaj st me

        1. Suraj

          acha ok,, wrong padh liya .. for any new pattern like sentence completion, connectors odd sentence 3/5 is good

          1. sachin shukla@Target SBI Mains

            pehle sara opsn padha frr sentence padha frrr ek ek try kiya elimination jo ekdm different tha

          2. єияιqυє

            u ek baar start hote then tumhari baat khatm hi ni hoti :p

          3. sachin shukla@Target SBI Mains


          4. sachin shukla@Target SBI Mains

            koi problem h aapko

          5. єияιqυє

            ji haan comment padhne main bdi dikkat hoti :p

          6. sachin shukla@Target SBI Mains

            mat padho material padho sirf kisi ka comment pe qq time waste krna((((:

        2. sachin shukla@Target SBI Mains

          but sir mujhe lgta h sbi change jaroor karega hr bar kuchh naya krta h hm english me kya expect kr sakte h???

          1. Suraj

            change to kuch bhi kar sakta hai;; lekin agar reading skill sahi hai to u can attempt any new question

          2. sachin shukla@Target SBI Mains

            yes yes… wo ab passage based hi jada de rahe bcoz unko pata h wahii boring lgta h sbko thoda sa chuke to all wrong…

          3. Suraj

            yes and issi wajah se eng ka cutoff kam jayega;; and isliye jyada ttempt kr k risk lene k zarurat nhi;; ekdum sure wale attempt krna

          4. sachin shukla@Target SBI Mains

            sahi kaha sir pehle jisme confident ho use attempt kare usk bad next jo thoda expected ho but full concentration se
            close test pata nai dega k nai

          5. Suraj

            yes this is a good stratergy; cloze test k chances are less

          6. sachin shukla@Target SBI Mains

            qki usme sb mahir ho chuke h :)))

          7. AVI™ (Sinchen loveR)

            OB k set k pdf h ky ?

          8. sachin shukla@Target SBI Mains


          9. AVI™ (Sinchen loveR)

            aur bhai kesi chal rhi perp
            kitna pdh liye GK??

          10. sachin shukla@Target SBI Mains

            Az padh raha is tym aur to sb pdh liya jo bhi reh gaya hoga mind me feed nai to ram bharose
            jo jada most important h use ek bar aur revise kr luga bss

          11. AVI™ (Sinchen loveR)

            hehe shi h yhi mera haal h
            bt tumhe ye kesa pta ki ye most important
            kuz bi aa sktha pta thode h ki yhi aayega
            konsi cheez important h hme bi to bathoo

          12. sachin shukla@Target SBI Mains

            hehehe…to kitnnaaa padh daloge itnaa expectation rehta h bro 3sal se exam de raha hu….wo dene wala bhi insan hi h

          13. AVI™ (Sinchen loveR)

            ky age bhai tumari
            es baar to bhagwan se bs yhi wish h ki dono bhai ka hona chaheye _/_

          14. sachin shukla@Target SBI Mains

            july 1991..haaa bro.. laga to usi me hu ekdmm k bss kisi bhi tarah se nikalna hi h aage BHgwan ki marji..:)))

          15. AVI™ (Sinchen loveR)

            hoga -hoga


      PM ki st dete ho ap? Uski di smjh me hi nhi ati hme

      1. sachin shukla@Target SBI Mains

        ob deta hu bro. iski bhi DI ajiib aur hard

        1. PHENOMENAL

          ?? OK sir eng k liye kya strategy

          1. sachin shukla@Target SBI Mains

            now a days english based on(passage based) better understanding and reading skill
            so daily read any topic in english as much as u can….

          2. PHENOMENAL

            Hmmm OK thank you sir

          3. sachin shukla@Target SBI Mains

            don’t call me sir i m an aspirant like u…



  3. єияιqυє

    thankyou sir 🙂 ab banking thodi boht samjh ane lgi finally

    1. Destiny : ultimate


      1. єияιqυє

        yaa 🙂

  4. AVI™ (Sinchen loveR)


  5. version 2.4.4..

    2nd question check plz
    april 2017 se march 2018 hoga

    1. version 2.4.4..

      @su@surajskt:disqus sir check plz

    2. Suraj

      yes march 2018,, will edit it

      1. version 2.4.4..

        thnk you sir :))
        ek request thi sir ye prompt correctice action ke upper b ap parkash dal dena ye b kuch new h 🙂 ty sir:)

  6. Himanshu

    can you explain trade receivables in ques no 4

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