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Financial Awareness Questions for IBPS CLERK

Free, AI-curated practice for the Financial Awareness section of IBPS CLERK. We have 30+ verified questions in this bank. Below: 5 sample questions. Sign up free to unlock unlimited practice + AI explanations + per-topic analytics.

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📍 Financial Awareness is also tested in:
SBI CLERK (30)

Sample questions

Q1 · hard · AI-verified
What is the maximum number of directors that can be appointed on the Board of Directors of a banking company as per the Banking Regulation Act?
  1. 12
  2. 15
  3. 20
  4. No specific limit
Q2 · hard · AI-verified
Under the Priority Sector Lending guidelines, what is the minimum percentage of Adjusted Net Bank Credit (ANBC) that domestic commercial banks must lend to priority sectors?
  1. 36%
  2. 38%
  3. 40%
  4. 42%
Q3 · hard · AI-verified
What is the current Cash Reserve Ratio (CRR) maintained by commercial banks with RBI as of December 2024?
  1. 4.00%
  2. 4.50%
  3. 5.00%
  4. 5.50%
Q4 · hard · AI-verified
Under the Priority Sector Lending guidelines, what percentage of Adjusted Net Bank Credit (ANBC) must banks lend to agriculture?
  1. 15%
  2. 20%
  3. 18%
  4. 25%
Q5 · hard · AI-verified
What is the current repo rate set by RBI as of December 2024?
  1. 6.00%
  2. 6.25%
  3. 6.50%
  4. 6.75%
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