Banking Awareness Questions and Answers

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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

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31. Which state possesses the maximum percentage of SC population ?

  • U.P.
  • M.P.
  • Kerala
  • Punjab
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32. Government has decided to cover all districts of the country in National Rural Employment Guarantee Programme (NREGP)-

  • Upto January 1, 2008
  • Upto March 31, 2008
  • w.e.f. April 1, 2008
  • w.e.f. April 1, 2009
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33. What is ‘NIKKEI’ ?

  • Share Price Index of Tokyo Share Market
  • Name of Japanese Central Bank
  • Japanese name of Country’s Planning Commission
  • Foreign Exchange Market of Japan
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34. Which statement is correct for Indian Planning Commission ?

  • It is not defined in Indian Constitution
  • Members and Vice-Chairman of it do not have fixed working duration
  • Members do not require any minimum education
  • All of these
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35. Which State of the following has not yet adopted VAT (Value Added Tax) ?

  • Tamil Nadu
  • Uttar Pradesh
  • Gujarat
  • None of the above
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36. Service Tax revenue collection for 2008–09 (Budget estimates) was proposed at-

  • Rs. 64,460 crore
  • Rs. 52,603 crore
  • Rs. 50,200 crore
  • Rs. 74,460 crore
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37. NABARD was established on the recommendation of-

  • Public Account Committee
  • Shivaraman Committee
  • Narsimham Committee
  • None of these
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38. Sampurna Gramin Rojgar Yojana was launched on-

  • 1st April, 2001
  • 25th Sept., 2001
  • 30th Sept., 2001
  • No scheme of such title has yet launched
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39. Which company is providing mobile service with name ‘Cell One’ to the consumers ?

  • MTNL
  • BSNL
  • Reliance Infocom
  • Bharti Tele
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40. VAT is imposed-

  • Directly on consumer
  • On final stage of production
  • On first stage of production
  • On all stages between production and final sale
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