Banking Awareness Questions and Answers
Banking Awareness Questions with Answers are crucial for candidates preparing for IBPS, SBI, RBI, and other banking exams. These questions cover key banking concepts such as monetary policy, RBI functions, financial institutions, and digital banking. Many banking awareness questions also appear in interview rounds and placement papers, making this topic essential for both written and verbal assessments. Each question includes detailed explanations that strengthen your understanding of the Indian financial system. Practicing company-wise interview questions and placement papers with answers helps candidates perform confidently in the final rounds. Download banking awareness practice PDFs or attempt online quizzes to stay updated with the latest financial trends.
Covers banking terminology and concepts. Pair this with bank test GK and economic banking
Banking Awareness
21. The most densely populated country in South Asia is-
- Bangladesh
- India
- Maldives
- Sri Lanka
22. Revenue Deficit as a per cent of GDP in Budget 2009-10 has been estimated at-
- 1•0%
- 4•0%
- 4•4%
- 4•8%
23. Which country among the following gets the highest HDI ranking in Human Development Report 2007 ?
- Iceland
- USA
- United Kingdom
- Japan
24. ‘Aam Admi Bima Yojana’ is an insurance scheme for rural landless households introduced by-
- National Insurance Co
- Life Insurance Co.
- UTI
- ICICI Life Prudential Co.
25. NOAPS has been renamed as Indira Gandhi Old Age Pension Scheme with its extended scope. Now this scheme will include all old age persons-
- Living below poverty line
- Above 60 years age
- Above 65 years age
- Both (A) and (C)
26. The Ex-officio Secretary of NDC is-
- Secretary of Finance Ministry
- General Secretary of Lok Sabha
- Secretary of Planning Commission
- Vice Chairman of Planning Commission
27. For charters and cargo services, what is the new FDI ceiling announced by the government ?
- 100%
- 74%
- 26%
- 49%
28. In National Mineral Policy (1993) which mineral was allowed for having investment from private sector-
- Coal
- Iron
- Gold
- Platinum
29. Minimum Support Price is decided by-
- ICAR
- State Government
- Ministry of Agriculture
- CACP
30. Which percentage of Central Taxes have been recommended by the 12th Finance Commission to be transferred to States ?
- 28·5%
- 29·5%
- 30·5%
- 31·5%