IBPS Bank Awareness Questions

Below are given bank related questions which you can expect in ibps and other bank exams.

Question 1

The regulatory authority for all insurance companies in India is _______ .
a) SEBI
b) RBI
c) NABBARD

d) IRDA
Answer : d) IRDA

Question 2

Mutual Funds comes under the supervisory of _______ .
a) SEBI
b) RBI
c) NABBARD
d) IRDA
Answer : a) SEBI

Question 3

The bank accepting deposits ,providing business loans and services is called ________ .
a) Lending bank
b) Commercial Bank
c) Business Bank
d) Investment Bank
Answer : b) Commercial Bank

Question 4

Consumer Banks can be found in _______ .
1) India 2) USA 3) England 4) Germany
a) 1 & 3
b) 2 & 3
c) 2 & 4
d) 3 & 4
Answer : c) 2 & 4

Question 5

The bank account in which a depositor can deposit and withdraw money any number of time is called ________ .
a) Savings Account
b) Current Account
c) Recurring Account
d) Personal Account
Answer : b) Current Account

Question 6

The Chairman of Indian Bank's Association 2012-2013 is _______ .
a) K.R.Kamath
b) M.D.Mallya
c) D.Subbarao
d) U.K.Sinha
Answer : a) K.R.Kamath

Question 7

. Axis Bank formerly Known as _______ .
a) City Bank
b) UTI Bank
c) Yes Bank
d) HDFC Bank
Answer : b) UTI Bank