Bank Awareness Sample Questions for IBPS & SBI Exams


Apart from the Quantitative Aptitude, Logical Reasoning, General Awareness, and English Language, there is one important section, where most of the banking exams include on their examination syllabus/question for sure. Some of the IBPS Exams and SBI Examinations certainly include the Banking Awareness topic on the syllabus for sure. Analyzing the dailies and other Current Affairs topics helps you to get the right information about the Banking Awareness topic for sure. Here, we bring you the sample questions regarding the Banking Awareness Questions, which will be used at the cracking of upcoming IBPS PO SO Exams and even to the SBI PO Clerks exams. Make the most of it.

Sample Bank Awareness Questions for IBPS & SBI Exams:
1. Which of the following statement is true?
(1) Zero interest is paid on any deposit by the bank
(2) Savings deposits are as same as Current deposits
(3) The rate of interest on savings and current accounts are same
(4) Interest is paid on current accounts at the same rate as term deposit accounts
(5) Normally zero interest is paid on current deposits account

2. Which of the following are the main financial instruments of corporate sector?
(i) Debentures             
(ii) Public deposits               
(iii) Shares               
(iv) Loans from institutions
Select the correct option
(1) I and iii
(2) ii and iv
(3) I, iii and iv
(4) All of the above
(5) None of the above

3. What do you call a bank which acts as banker of other banks?
(1) Central Bank
(2) Saving Bank
(3) Commercial Bank
(4) Investment Bank
(5) Development Bank

4. The fee charged by Ombudsman for filing and resolving complaints is?
(1) No fee
(2) 100 Rupees
(3) 1000 Rupees
(4) 2000 Rupees
(5) None of the above

5. Which of the following are Scheduled commercial banks?
(1) Bank of India
(2) IDBI bank
(3) Syndicate Bank
(4) All of the above
(5) None of the above

6. Which of the following is a private sector bank?
(1) Dena bank
(2) Yes bank ltd
(3) Indian overseas bank
(4) UCO bank
(5) Vijaya bank

7. RBI was established in __________?
(1) March 1, 1930
(2) June 1, 1934
(3) April 1, 1935
(4) May 1, 1935
(5) None of these

8. NABARD committee was established on the recommendation of?
(1) Chelliaha committee
(2) Kelkar committee
(3) Narshimham Committee
(4) The committee to review arrangements for institutional credit for agricultural and rural development
(5) None of the above

9. National Housing bank was setup on?
(1) 1995
(2) 1987
(3) 1980
(4) 1984
(5) 1988

10. The Reserve bank of India was nationalized on  ?
(1) 21st December 1949
(2) 1st January 1949
(3) 10th march 1950      
(4) 2nd april 1945
(5) None of these

Thanks for your hard effort to solve and find the right answers for the above mentioned Sample Banking Awareness Questions for the IBPS & SBI Exams. If you are yet to find the right solutions, then make the most through the following answers.

Banking Awareness Sample Question with Answers:
1(5)   2(4)     3(1)    4(1)    5(4)     6(2)    7(3)     8(3)      9(5)     10(2)

To go through General English sample questions for bank exams please check our last post at:

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