IBPS Bank General Awareness Questions - 1

Question: 1

SWIFT is a network for banks to exchange information. What is the expanded form?

(A) Society for Worldwide Interbank Financial Telecommunications

(B) Secured Worldwide International Transactions

(C) Safe Window for International Transactions

(D) All of the above

Question: 2

Which of the following is popular saving bank among the poor children?

(A) Piggy banking

(B) Debit banking

(C) Credit banking

(D) Merchant banking

Question: 3

Which of the following is not a public sector bank?

(A) HDFC Bank

(B) Regional Rural Bank

(C) Central Bank of India

(D) State Bank of Hyderabad

Question: 4

Which of the following is a primary function of banks?

(A) Accept deposits and provide credit

(B) Acting as trustee and executors of the property of their customers on their advice

(C) Buying, selling and keeping in safe custody, the securities on behalf of their customers

(D) Collection and payment of cheques, rent, interest etc on behalf of their customers

Question: 5

Which of the following is not an organised sector in India?

(A) Chits and Money Lenders

(B) Cooperative Banks

(C) Regional Rural Banks

(D) Nationalised Banks