IBPS-PO

PRELIMS 2019
SET-A
Expert created sample papers and exams based on the actual latest pattern and past exam trends

Copyright © 2019 TuteeHUB. Visit www.tuteehub.com for more.

 IBPS-PO Prelims 2019
Time Allowed: 60 Minutes Maximum Marks: 100
1.Currency notes are printed at four printing presses located at _________
A. Mumbai, Noida, Kolkata and Chennai.
B. Nashik, Dewas, Mysore and Bengaluru.
C. Mumbai, Noida, Kolkata and Hyderabad.
D. Nashik, Dewas, Mysore and Salboni.

2.Medium-term industrial finance refers to the funds required for a period of one year to ________
A. 6 years
B. 2 years
C. 5 years
D. 4 years

3.One rupee notes bear the signature of-

A. Governor of Reserve Bank of India
B. Prime Minister of India
C. President of India
D. Secretary, Ministry of Finance (Government of India)

4.Aapka Bank Aapke Dwar is a tagline of __________

A. Airtel Payments Bank Limited
B. India Post Payments Bank Limited
C. Paytm Payments Bank Limited
D. Fino Payments Bank Limited

5.Which of the following institutions is not directly associated with the financial sector in India?
A. Bombay Stock Exchange
B. BIFR
C. SEBI
D. Planning Commission

6.National Institute of Bank Management (NIBM) was established in _________________ by the

Reserve Bank of India, in consultation with the Government of India, as an autonomous apex
institution for research, training, education and consultancy in bank management.
A. 1979
B. 1949
C. 1969
D. 1959

7.Which of the following is the parent organization of BRAC Bank?

A. IBRD
B. IDA
C. MIGA
D. IFC

8.Which of the following is an example for Closed System Payment Instruments?

A. Amazon Wallet
B. Cleartrip Wallet
 C. Mobikwik Wallet
D. Both (A) and (B)

9.The small finance banks will be licensed under ______ of the Banking Regulation Act, 1949.
A. Section 21
B. Section 22
C. Section 23
D. Section 24

10.In MGC, “M” stands for _______

A. Multi
B. Mutual
C. Mortgage
D. Marketing

11.CICs/CIC-ND-SI holds not less than 90% of its net assets in the form of investment in _________
A. equity shares
B. bonds
C. debentures
D. All of the Above

12.RRBs are working in all states of the country except _______.

A. Sikkim
B. Goa
C. Both A & B
D. Madhya Pradesh

13.The difference between Visible Exports and Visible Imports is defined as ________
A. Gross National Product (GDP)
B. Gross National Income (GNI)
C. Balance of Payments
D. Balance of Trade

14.CTS Stands for________

A. Cheque Transaction System
B. Cheque Truncation System
C. Cheque Transfer System
D. Cheque Transmit System

15.What is the initial stake of promoters in the paid-up equity capital of Small Finance Banks?
A. 25%
B. 30%
C. 40%
D. 50%

16.RNBCs should offer a rate of interest of ______ on daily deposits.

A. 5.5%
B. 3.4%
C. 4.6%
D. 3.5%
17.What is the loan limit for education under Priority Sector Lending (PSL) for studying in India and
abroad respectively?
A. Rs. 20 lakh, Rs. 10 Lakh
B. Rs. 10 lakh, Rs. 20 Lakh
C. Rs. 25 lakh, Rs. 25 Lakh
D. Rs. 20 lakh, Rs. 25 Lakh

18.e-KYC is possible only for those who have _______

A. PAN Card
B. Driving License
C. Ration Card
D. Aadhaar Number

19.Which type of crisis occurs when the banks which have obligation to facilitate money flow may
get struck their revenue assets with insolvents and become toxic assets?
A. Sub-prime Crisis
B. Super prime Crisis
C. Basic Crisis
D. None of these

20.Credit Rating Agency, SMERA accredited by ________

A. SEBI
B. SIDBI
C. NABARD
D. RBI

21.Different ways you can operate your account are

A. Telephone or Mobile banking
B. ATM (Automated Teller Machine)
C. Branch or Over the counter service
D. All of the above

22.Is there a limit on the amount of money that can be received using BHIM?
A. 5000
B. 1000
C. 10000
D. No limit

23. In which year was the Banking Regulation Act passed?

A. 1949
B. 1955
C. 1959
D. 1969

24.For the performance of its duties as the regulator of credit, the Reserve Bank of India possesses
the usual instruments of general credit control, viz-?
A. bank rate
B. open market operation
C. the power to vary the reserve requirement of banks
D. All of the above
25. Which among the following made the initial contribution for setting up Financial Inclusion Fund
and Financial Inclusion Technology Fund?
A. Government of India, NABARD and RBI
B. NABARD, UTI and RBI
C. SIDBI, Government of India and IDBI Bank
D. SIDBI, NABARD and UTI

26.Which of the following facility is available for operation of the EEFC account?
A. DD
B. Cheque
C. RD
D. All of these

27.Which of the following is the regulator of Housing Finance Company(HFCs)?

A. RBI
B. SBI
C. GOI
D. NHB

28.National Securities Depository Limited is an Indian central securities depository based in _______
A. New Delhi
B. Chennai
C. Hyderabad
D. Mumbai

29.Which of the following is also known as multi-manager investment?

A. Bond
B. Securities
C. Stock
D. Funds of Fund

30. Imperial Bank of India was nationalised in _______.

A. 1949
B. 1955
C. 1959
D. 1969

31.The subsidiary banks attached to the State Bank are: (i) State Bank of Bikaner and Jaipur (ii)
State Bank of Hyderabad (iii) State Bank of Indore (iv) State Bank of Mysore (v) State Bank of
Patiala (vi) State Bank of Saurashtra (vii) State Bank of Travancore
A. Only (i) , (v), and (vi)
B. Only (ii), (iii), (iv), and (vii)
C. All the above
D. None of the above

32.FATF, an Intergovernmental Organization is headquartered in __________

A. Newyork, USA
B. Geneva, Switzerland
C. Italy, Rome
D. Paris, France
33.Who is the chairperson of NCLAT?
A. Balvinder Singh
B. Sudhansu Jyoti Mukhopadhaya
C. Bansi Lal Bhat
D. AIS Cheema

34.The headquarters of Pragathi Krishna Gramin Bank is?

A. Chitoor, Andhra Pradesh
B. Gorakhpur, Uttar Pradesh
C. Moradabad, Uttar Pradesh
D. Ballari, Karnataka

35.Which of the following refers to that form of legal tender money that can be paid in discharge of
a debt up to a certain limit?
A. Limited Legal Tender Money
B. Paper Money
C. Full bodied Money
D. Commodity Money

36.Which of the following is the central bank of China?

A. Royal Monetary Authority of China
B. China Federal Bank
C. People’s Bank of China
D. Reserve Bank of China

37.All are Direct Tax except_________

A. Income tax
B. corporation tax
C. property tax
D. sales tax

38.DVP III is a settlement process in which settlements are done on _______ after achieving
multilateral netting.
A. Delivery Versus Payment
B. Payment Versus Payment
C. Payment Versus Delivery
D. Payment and Settlement

39.What is the full form of CBEC?

A. Central Board of Excise and Customs
B. Central Bureau of Excise and Customs
C. Customs Bureau and Excise Council
D. Control Board for Excise and Customs

40.In the event of a bank failure, which of the following protects bank deposits that are payable in
India?
A. RBI
B. GOI
C. IRDAI
D. DICGC
41.Reserve Bank of India (RBI) bought __________ tonne of gold in financial year 2017-18, which is
the first purchase in almost nine years?
A. 6.15 tonne
B. 7.83 tonne
C. 8.46 tonne
D. 10.25 tonne

42.Which of the following became the first state to implement NPS for its newly appointed
employees from the financial year 2003–04?
A. Andhra Pradesh
B. Karnataka
C. Tamil Nadu
D. Kerala

43.Which Act was framed specially to deal with Non Performing Assets(NPA)?
A. Banking Regulation Act 1949
B. Foreign Exchange Management Act(FEMA) 1999
C. Industrial Disputes Act 1947
D. SARFAESI Act, 2002

44. India’s first bank fully computerized is ______.

A. Indian Overseas Bank
B. Union Bank of India
C. Bank of India
D. Punjab National Bank

45.Which discussing investments there is mention of short-term government security? What is this
type of investment known as?
A. Debenture
B. Mutual fund
C. Treasury bill
D. Share

46.A currency with a value that fluctuates as a result of the country’s political or economic
uncertainty is known as ______
A. Soft Currency
B. Hard Currency
C. Hot Money
D. Cheap Money

47.With which of the following would you identify a ‘no frills’ account with?
A. A savings account with no minimum balance requirement
B. A savings account not having KYC requirement
C. Fixed deposit account for one year and less
D. Savings account opened in rural branches

48.The note-issue system in India is based on-

A. Gold Deposit system
B. Minimum Reserve System
C. Proportional Reserve System
D. Simple Deposit System
49.Which bank launched smart star account?
A. HDFC Bank
B. HSBC
C. ICICI Bank
D. IDBI Bank

50.The headquarters of Fincare Small Finance Bank is ______

A. Hyderabad
B. Chennai
C. Jaipur
D. Bengaluru

51.A cheque which is truncated during the course of clearing cycle is called __________
A. Stale Cheque
B. Mutilated Cheque
C. Self Cheque
D. Truncated Cheque

52.National Insurance Academy located in ________.

A. Chennai
B. Calcutta
C. Pune
D. Hyderabad

53.The ____ of Banking Regulation Act, 1949 deals with “Reserve Fund”
A. Section 16
B. Section 17
C. Section 18
D. Section 19

54.How many digits are there in CIBIL score?

A. 4
B. 3
C. 6
D. 9

55.Sub-prime lending refers to ________

A. lending done by banks at rates below PLR
B. Funds raised by the banks at sub-libor rates
C. Group of banks which are not rated as prime banks as per Banker’s Almanac
D. lending done by financing institutions including banks to customers not meeting with normally
required credit appraisal standards

56.Minimum investment in SGBs is _____

A. One gram
B. Two grams
C. Four grams
D. Five grams

57.Which is the loan of very small amounts given to low income groups?
A. Macro Credit
 B. Micro Credit
C. Micro Finance
D. None of these

58.The bank rate is-

A. free to fluctuate according to the forces of demand and supply
B. set by the RBI
C. set by the RBI is directed by the Union Ministry of Finance
D. set by the RBI as advised by the Indian Banks Association

59.Which of the following Live animal attracts 12% GST?

A. Live Swine
B. Live Sheep and Goats
C. Live Poultry
D. Live Horses

60.The paid-up capital of non-scheduled bank is less than _____

A. Rs. 10 lakh
B. Rs. 20 lakh
C. Rs. 15 lakh
D. Rs. 5 lakh

61.As per MSMED Act 2006, In production/Manufacture, Small Enterprise is an enterprise where
investment in plant and machinery is more than _________
A. 15 lakh
B. 25 lakh
C. 35 lakh
D. 45 lakh

62. What do bank customers pay for using safe deposit locker facilities?
A. Commission on locker
B. Exchange on locker
C. Rent on locker
D. Safe custody charges

63.Mahendra Kumar Sharma appointed as non-executive Chairman of ____ Bank

A. HDFC
B. PNB
C. SBI
D. ICICI

64.The actual return of an investor is reduced sometimes as the prices of the commodities go up all
of a sudden. In financial sector, this type of phenomenon is known as-
A. probability risk
B. market risk
C. inflation risk
D. credit risk

65.Digital payments company PayPal and FIEO has signed an agreement for the promotion of
outbound shipments among small and medium enterprises (SMEs) leveraging the partners' expertise
and technology products. What is the meaning of "I" in FIEO?
 A. Indian
B. Initial
C. International
D. Increase

66.The term ‘transfer’ is defined under _______

A. Companies Act, 2013
B. RBI Act 1934
C. Foreign Exchange Management Act, 1999
D. All of these

67. Section 18 of Reserve Bank of India Act, 1934 deals with _______
A. Selling of Government Securities
B. Issuing & accepting of Promissory notes
C. Emergency loans to banks
D. Issuing of Currency notes

68.Coins are minted at the four mints located at _________

A. Mumbai, Noida, Kolkata and Chennai.
B. Nashik, Dewas, Mysore and Bengaluru.
C. Mumbai, Noida, Kolkata and Hyderabad.
D. Nashik, Dewas, Mysore and Salboni.

69.Who among the following is the guardian of the PFRDA, subject to his Financial Emergency
Powers, as per the Articles of Indian Constitution?
A. Vice President
B. Prime Minister
C. President
D. GOI

70.Rivigo, a homegrown logistics start-up that owns as well as acts as an aggregator of trucks, is
tying up with YES Bank, IDFC, and 10 other financial institutions to make cheaper funds available to
truck owners and operators on its platform. The funds will be available at an interest rate of-
A. 2-3 percent per month
B. 1-2 percent per month
C. 3-4 percent per month
D. 4-5 percent per month

71.The seventh and eighth code in the SWIFT code represents _______
A. Bank Code
B. Country Code
C. Branch Code
D. location Code

72.Which payment bank has been bared by the RBI from enroling new customers?
A. Fino Payments Bank
B. Aditya Birla Payments Bank
C. Airtel Payment Bank
D. Geetha Bank Loan Service

73.Which of the following is a banking research institute established in 1996 by Reserve Bank of
India (RBI)?
A. IDBRT
B. NPCI
C. NFS
D. All of these

74.On which rate bases, overnight money is needed by bank from RBI?
A. MSF
B. Repo rate
C. Reverse repo
D. Bank rate

75.SGBs will qualify for _____

A. CRR
B. SLR
C. MSF
D. All of these

76.National Bank for Agriculture and Rural Development (NABARD) is an apex development
financial institution in India. Where is the Head Office of NABARD?
A. Lucknow
B. Chennai
C. New Delhi
D. Mumbai

77.Which is a common Internet Infrastructure that enables the Depository Participants (DPs) to
provide depository services to their clients?
A. SPEED-e
B. Fast-e
C. Send-e
D. Settlement-e

78.A ______ is the delivery of goods by one person to another for some purpose.
A. Equitable Mortgage
B. Pledge
C. Bailment
D. Legel Mortgage

79.The fifth and sixth code in the SWIFT code represents _______
A. Bank Code
B. Country Code
C. Branch Code
D. location Code

80.Bank loan against property requires the asset to be free from encumbrances. What does it mean?
A. The asset to be free from any liability
B. The asset to be properly registered
C. The property to be fully constructed
D. The asset should not have multiple owners

81.The headquarters of Pension Fund Regulatory and Development Authority (PFRDA) is?
 A. Mumbai
B. Hyderabad
C. New Delhi
D. Bangalore

82.The headquarters of AIIB is ______

A. Vienna, Austria
B. Beijing, China
C. Manila, Philippines
D. Shanghai, China

83.The Government approved setting up of this organization on the basis of the recommendations
made by the _______
A. R.H. Khan Committee
B. Naresh Chandra Committee
C. P Selvam Committee
D. PL Tandon Committee

84.Which of the following is the central bank of Poland?

A. Royal Monetary Authority of Poland
B. Poland Federal Bank
C. Reserve Bank of Poland
D. National Bank of Poland

85.Your account is _____ if you have taken more account than was actually available as cleared
funds. This can happen if you have arranged a direct debit without having enough money in your
account to cover the payment.
A. Overdrawn
B. Default
C. Solvent
D. None of these

86.UAN or Universal Account Number is a ______digit number allotted to employee who is

contributing to EPF will be generated for each of the PF member by EPFO.
A. 10
B. 12
C. 15
D. 11

87.Non-Banking Financial Companies (NBFCs) are financial institution that

A. holds a banking license
B. does not hold a banking license
C. are government undertaking institutions
D. None of these

88.African Development Bank is coordinating the implementation of an integrated development

strategy for Portuguese-speaking countries in Africa. In which among the following year African
Development Bank was founded?
A. 1984
B. 1977
C. 1972
 D. 1963

89.When did the Reserve Bank of India notify the draft regulations relating to the Credit Information
Companies (Regulation) Act, 2005?
A. April 5, 2006
B. May 26, 2006
C. June 29, 2007
D. September 30, 2005

90. Which of the following was/were established under the Recovery of Debts Due to Banks and
Financial Institutions Act (RDDBFI Act), 1993?
A. DRTs
B. DRATs
C. Both (A) and (B)
D. None of the Above

91.How much % GST levied on Erasers?

A. 12%
B. 28%
C. 5%
D. 18%

92.Which of the following banks became the first Indian bank to open a branch outside India?
A. SBI
B. ICICI Bank
C. Axis Bank
D. BOI

93.Goods and Services Tax Network (GSTN) is a nonprofit organization formed to create a platform
for _______
A. Stakeholders
B. Government
C. Taxpayers
D. All of these

94.Asian Development Bank has approved ___________________ US Dollar lining project of the Son
canal in Shahabad-Bhojpur region of Bihar.
A. 5205 million US Dollar
B. 5 million US Dollar
C. 102 million US Dollar
D. 503 million US Dollar

95.An additional exposure up to _____ could be taken at the discretion of the Board of the IDF-NBFC.
A. 25%
B. 50%
C. 75%
D. 10%

96.Any Non-Banking Finance Institution should have an NOF of Rs.______ to get the NBFC license
from RBI.
A. 100 Lakh
 B. 150 Lakh
C. 200 Lakh
D. 250 Lakh

97.India was ___________ Nation to join Society for Worldwide Interbank Financial
Telecommunication(SWIFT) Network
A. 78th
B. 74th
C. 76th
D. 75th

98.When was the General Insurance Corporation of India incorporated?

A. 1971
B. 1972
C. 1973
D. 1993

99. On which date was the Reserve Bank of India established?

A. April 1, 1935
B. July 12, 1982
C. January 1, 1949
D. August 15, 1947

100.With which banke PayPal joint hands to offer safer, faster and convenient payment experiences
for the bank's cardholders?
A. Canara Bank
B. SBI Bank
C. HDFC Bank
D. Kotak Mahindra Banks