IBPS Clerk Mains (Banking Awareness-Assignment) Banking Awareness IBPS Clerk (Mains) Exam 2017 IBPS Clerk Mains (Banking Awareness-Assignment) BANKING AWARENESS 1. First domestic bank of India to open a (B) City Union Bank branch in Myanmar is_____________. (C) Union Bank of India (A) Axis (B) HDFC Bank (D) HDFC (C) SBI (D) Bank of India (E) Bank of Baroda (E) HSBC 8. The oldest public bank in India is 2. _______was the first private sector bank ________ in India which was founded in 1899 in (A) Bank of India Kerala. (B) State Bank of India (A) Nainital Bank (C) Bank of Hindustan (B) Catholic Syrian Bank (D) Allahabad Bank (C) Karur Vysya Bank (E) Oudh Commercial Bank (D) City Union Bank 9. First Bank managed by Indians – (E) Nedungadi Bank ________. 3. ____________ Bank has introduced first (A) Oudh Commercial Bank ATM in India. (B) Punjab National Bank (A) SBI (B) ICICI (C) State Bank of India (C) HSBC (D) Axis (D) Bank of Hindustan (E) City Bank (E) Allahabad Bank 4. A bank which has introduced software 10. _____________ Bank is the First Indian Robotics for power banking operations is – Commercial bank which completely (A) City Union Bank controlled and owned by Indian called as (B) Federal Bank ‘First Swadeshi Bank”. (C) ICICI Bank (A) State Bank of India (D) Union Bank of India (B) Union Bank of India (E) Indian Bank (C) Central Bank of India 5. In which state India’s first international (D) Bank of India exchange INX was inaugurated at (E) Indian Bank International Financial Servce Centre(IFSC)? 11. First Bank introduced the Point of Sales (A) Maharashtra (B) Gujarat Terminal (POS) is ________. (C) Hyderabad (D) Bangalore (A) Bank of Baroda (E) Chennai (B) Indian Bank 6. ___________ is the first Non-Banking (C) City Union Bank organization opened ATM in India. (D) Indian Bank (A) Prizm Payment Service (E) Union Bank of India (B) Tata Communications Payment 12. ____________ became India’s first all Solutions woman bank. (C) Muthoot Finance (A) Dhanlaxmi Bank (D) Vakrangee Ltd (B) Lakshmi Vilas Bank 7. India’s First bank launched ‘talking’ ATM (C) Suryodaya Finance Bank for visually and physically challenged (D) Bharatiya Mahila Bank people- ________. (E) Utkarsh Finance Bank (A) Bank of India IBPS Clerk Mains (Banking Awareness-Assignment) 13. First Rural Bank has introduced co- (C) Manila, Philippines branded ATM card is _______. (D) Shanghai, China (A) .Prathama Grameen Bank (E) Russia, Moscow (B)Pallava Grama Bank 20. The headquarters of AIIB is ______ (C) Deccan Grameena Bank (A) Vienna, Austria (D) Uttar Bihar Gramin Bank (B) Beijing, China (E) Andhra Pragadhi Grameena Bank (C) Manila, Philippines 14. India’s first bank fully computerized is (D) Shanghai, China ______. (E) Russia, Moscow (A) Indian Overseas Bank 21. The headquarters of Asian Development (B) Union Bank of India Bank is _______ (C) Bank of India (A) Vienna, Austria (D) Punjab National Bank (B) Beijing, China (E) State Bank of India (C) Manila, Philippines 15. _________Bank has introduced the first (D) Shanghai, China Credit Card in India. (E) Russia, Moscow (A)Union Bank of India 22. The headquarters of NDB is ______ (B) UTI Bank (A) Vienna, Austria (C) Axis Bank (B) Beijing, China (D) Central Bank of India (C) Manila, Philippines (E) Bank of India (D) Shanghai, China 16. ___________ Bank has started first (E) Russia, Moscow Mobile ATM service in India. 23. The headquarters of IIB is ______ (A)HDFC (A) Vienna, Austria (B)ICICI Bank (B) Beijing, China (C) Indian Overseas Bank (C) Manila, Philippines (D) Axis Bank (D) Shanghai, China (E) Bank of India (E) Russia, Moscow 17. India’s First Payment Bank is ________. 24. The headquarters of World Intellectual (A) FINO PayTech Property Organization is ______ (B) Aditya Birla Nuvo (A) Vienna, Austria (C) Paytm Payment Bank (B) Beijing, China (D) Tech Mahindra (C) Geneva, Switzerland (E) Airtel Payment Bank (D) Shanghai, China 18. First Indian bank open its branch in (E) Russia, Moscow foreign country is________ 25. The headquarters of World Trade (A) Bank of India Organization is ______ (B) Union Bank of India (A) Vienna, Austria (C) Oudh Commercial Bank (B) Beijing, China (D) Canara Bank (C) Geneva, Switzerland (E) Central Bank of India (D) Shanghai, China 19. The headquarters of UNIDO is ______ (E) Russia, Moscow (A) Vienna, Austria 26. The headquarters of IIF is ______ (B) Beijing, China (A) Washington DC, US IBPS Clerk Mains (Banking Awareness-Assignment) (B) Beijing, China (D) 66 mm × 150 mm (C) Geneva, Switzerland (E) None of these (D) Shanghai, China 33. The base color of the Rs. 50 note is (E) Russia, Moscow _______. 27. The headquarters of FSB is ______ (A) Bright Yellow (A) Washington DC, US (B) Fluorescent Blue (B) Beijing, China (C) Magenta (C) Basel, Switzerland (D) Stone Grey (D) Shanghai, China (E) None of these (E) Russia, Moscow 34. The base color of the Rs. 200 note is 28. The headquarters of NIB is ______ _______. (A) Washington DC, US (A) Bright Yellow (B) Beijing, China (B) Fluorescent Blue (C) Helsinki, Finland (C) Magenta (D) Shanghai, China (D) Stone Grey (E) Russia, Moscow (E) None of these 29. The new Rs. 50 denomination has a 35. Foreign exchange for travel abroad can motif of _______ on the reverse, depicting be purchased from an authorized person the country’s cultural heritage. against rupee payment in cash below (A) Mangalyan ______ (B) Hampi with Chariot (A) 40,000 (C) Sanchi Stupa (B) 30,000 (D) Red Fort (C) 20,000 (E) None of these (D) 50,000 30. The new Rs.200 denomination has a (E) None of these Motif of ______ on the reverse, depicting 36. An Authorised Dealer (AD) is any person the country’s cultural heritage. specifically authorized by the RBI under (A) Mangalyan ______ of FEMA, 1999. (B) Hampi with Chariot (A) Section 10(1) (C) Sanchi Stupa (B) Section 11(1) (D) Red Fort (C) Section 12(1) (E) None of these (D) Section 13(1) 31. The dimension of the Rs.50 banknote is (E) None of these _______ 37. In FFMC, “M” stands for ___ (A) 66 mm × 166 mm (A) Mortgage (B) 66 mm x 135 mm (B) Maturity (C) 66 mm × 146 mm (C) Money (D) 66 mm × 150 mm (D) All of these (E) None of these (E) None of these 32. The dimension of the Rs.200 banknote is 38. A person coming into India from abroad _______ can bring with him foreign exchange (A) 66 mm × 166 mm without ________ (B) 66 mm x 135 mm (A) Rs.25000 (C) 66 mm × 146 mm (B) Rs.50000 IBPS Clerk Mains (Banking Awareness-Assignment) (C) Rs.75000 (D) Rs. 50,000 (D) Any Limit (E) None of these (E) None of these 44. The maximum value outstanding in PPI- 39. The maximum value of any prepaid MTS(Mass Transit System operator) cannot payment instrument, where specific limits exceed the limit of _______at any point of have not been prescribed, shall not exceed time ______ (A) Rs. 2000 (A) Rs. 25000 (B) Rs. 5000 (B) Rs. 75000 (C) Rs. 4000 (C) Rs. 50000 (D) Rs. 3000 (D) Rs. 100000 (E) None of these (E) None of these 45. Bank and non-bank entities are 40. Entities, seeking approval/authorisation permitted to issue prepaid gift from the RBI for issuance of PPIs should instruments.The maximum validity of the have a minimum positive net worth of prepaid gift instruments shall be _______ _______. (A) 3 years (A) Rs. 10 Crore (B) 5 years (B) Rs. 15 Crore (C) 4 years (C) Rs. 20 Crore (D) 2 years (D) Rs. 25 Crore (E) None of these (E) None of these 46. Maximum value of each prepaid gift 41. Amount in a PPI should not exceed instrument shall not exceed _______ _____ at any point of time if the customer (A) Rs. 20000 provides full KYC (B) Rs. 10000 (A) Rs. 1 lakh (C) Rs. 25000 (B) Rs. 2 lakh (D) Rs. 15000 (C) Rs. 3 lakh (E) None of these (D) Rs. 4 lakh 47. The amount outstanding at any point of (E) None of these time in Open System PPIs by banks shall not 42. Amount in a PPI should not exceed exceed ________ _____ if the customer provides minimum (A) Rs. 200000 KYC details to the PPI issuing entity. (B) Rs. 100000 (A) Rs. 10,000 (C) Rs. 250000 (B) Rs. 20,000 (D) Rs. 150000 (C) Rs. 15,000 (E) None of these (D) Rs. 25,000 48. _______ are redeemable at a group of (E) None of these clearly identified merchants that contract 43. The maximum value in PPIs for credit of specifically with the issuer to accept the cross border inward remittance at any point payment instrument. of time shall not exceed _______ (A) Closed System Payment Instruments (A) Rs. 45,000 (B) Semi-closed System Payment (B) Rs. 35,000 Instruments (C) Rs. 25,000 (C) Open System Payment Instruments (D) Semi-Open System Payment IBPS Clerk Mains (Banking Awareness-Assignment) Instruments 50. The headquarters of Capital Small (E) None of these Finance Bank is ______ 49. The headquarters of Fincare Small (A) Hyderabad Finance Bank is ______ (B) Chennai (A) Hyderabad (C) Jalandhar (B) Chennai (D) Bengaluru (C) Jaipur (E) None of these (D) Bengaluru (E) None of these .