Banking Awareness is one of the most important scoring sections in the IBPS PO Mains examination. Every year, IBPS asks a mix of conceptual, regulatory, digital banking, financial market, and current banking affairs questions. Candidates who regularly revise banking terms, RBI guidelines, payment systems, and recent banking updates can score well in this section with less calculation and time consumption.
In recent years, IBPS PO Mains has focused heavily on RBI regulations, digital banking, financial inclusion, payment systems, NBFC norms, banking reforms, and capital market concepts. Questions are mostly statement-based and factual, making revision and practice extremely important for success in the exam.
Banking Awareness Questions Asked in Previous IBPS PO Mains Exams
The IBPS PO Mains exam repeatedly asks questions from RBI policies, digital banking products, banking schemes, payment systems, financial institutions, and banking reforms. Candidates preparing for the exam should carefully revise previous year banking awareness topics because many concepts are repeated in different forms every year. Below are some of the important banking awareness questions and topics asked in recent IBPS PO Mains examinations.
IBPS PO Mains 2025 – Banking Awareness Questions
- LRS limit – USD 2,50,000
- AePS operated by – NPCI
- CBDC wallet – No minimum balance requirement
- Sovereign Gold Bond – issuer & purpose
- Kisan Credit Card – banks eligible for issuance
- DICGC – deposits not covered under insurance
- QIP (Qualified Institutional Placement)
- Guarantee & Co-acceptance under RBI guidelines
- Small Account transaction limit
IBPS PO Mains 2024 – Banking Awareness Questions
- Minimum Net Owned Fund for NBFCs
- UPI123 Pay & UPI Lite Wallet limits
- SEBI F&O investment limit
- CET1 ratio prescribed by RBI
- Capital adequacy ratio for Urban Cooperative Banks
- Small Finance Bank PSL target
- TReDS loan limit for SC/ST entrepreneurs
- UCB CRAR requirement timeline
- RBI CRAR requirement
- Minimum KYC holding period
- Project Nexus related to cross-border payments
- Indo-Nepal remittance limit
- SLR maximum limit
- Ombudsman compensation provisions
IBPS PO Mains 2023 – Banking Awareness Questions
- Number-less credit card
- Incremental CRR
- Primary market concepts
- Tokenisation stakeholders
- Digital Payment Index
- General Insurance ownership structure
- India Post Payments Bank partnership
- EASE 5.0 reforms
- Capital market public issue question
IBPS PO Mains 2022 – Banking Awareness Questions
- Bank Rate
- White Label ATM
- Priority Sector Lending penalty clause
- CBDC – Wholesale Digital Rupee
- Social Stock Exchange
- Sovereign Gold Bond borrowing limit
IBPS PO Mains 2021 – Banking Awareness Questions
- First co-operative bank converted into SFB
- Neobank definition
- SBI + NPCI + JCB banking collaboration
- MSME PULSE initiative
- Paytm payout link
- Signature Visa Debit Card
- NSDL and insurance sector MoU
Banking Awareness Practice Questions for IBPS PO Mains
Candidates should regularly practice MCQs to strengthen their conceptual clarity and improve revision. Below are important Banking Awareness practice questions for IBPS PO Mains preparation.
Q1. What is the Full Form of ALM?
Q2. The Legal Entity Identifier is a ______ code developed by the International Organization for Standardization.
Q3. QFI scheme was introduced by the government in consultation with RBI and SEBI. In QFI, ‘I’ represents ________.
Q4. The Ombudsman Scheme for Non-Banking Financial Companies was introduced under which section of the RBI Act, 1934?
Q5. The interest rates on banks’ contribution to Rural Infrastructure Development Fund should be fixed by ________.
Q6. An account that a bank holds with another bank in a foreign country in foreign currency is known as ________.
Q7. MIBID used to be calculated every day by which organization?
Q8. Which account can be held only as a current account?
Q9. What is the maximum limit of FDI in private banks under the automatic route?
Q10. AU Small Finance Bank is headquartered in ________.
Q11. ________ is a fixed amount received or paid at regular intervals for a specified period.
Q12. Which Small Finance Bank proposed issuing shares to shareholders without cash consideration?
Q13. The Nainital Bank is a subsidiary of ____________.
Q14. Which of the following is not a function of General Insurance?
Q15. What is the minimum Capital Adequacy Ratio to be maintained by Small Finance Banks?
Q16. There are basically _____ principles that govern insurance.
Q17. IRDAI headquarters is situated in ________.
Q18. In FRA, ‘F’ denotes ________.
Q19. CERT-In comes under which ministry?
Q20. IDBI Bank launched a co-branded credit card with ________.
Q21. “Where Service is a way of Life” is the tagline of which bank?
Q22. National Small Savings is part of ________.
Q23. RBI advised SCBs to appoint Internal Ombudsman under Section 35A of ________.
Q24. Mutual Funds are mandatory to be registered under ________.
Q25. ______ measures the amount of money flowing from one country to another over one monetary year.
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Q26. Which deposit allows withdrawal without notice?
Q27. Who appoints the Chairman of the Finance Commission?
Q28. Which institution helps cooperative banks get Core Banking Access?
Q29. What is the full form of ULIP?
Q30. A fund investing exclusively in government securities is known as ________.
Q31. What is the maximum FDI limit in Small Finance Banks?
Q32. Insurance services provided by banks are commonly known as ________.
Q33. CRR is maintained as a percentage of ________.
Q34. In a SWIFT code, the 5th and 6th digits denote ________.
Q35. Loans of very small amount given to low-income groups are called ________.
Q36. NSDL was established in which year?
Q37. Which service cannot be provided through Micro ATMs?
Q38. Rate of Interest is determined by ________.
Q39. Which credit rating agencies are the largest in the world?
Q40. Who heads CERSAI?
Q41. Bandhan Bank launched a co-branded credit card with ________.
Q42. RuPay was created by which organization?
Q43. Mutual Funds were introduced in India in which year?
Q44. What is the full form of APR?
Q45. Which is one of the trigger points of PCA?
Q46. The IBC Amendment Bill, 2019 set a ________ day deadline for rescuing distressed companies.
Q47. DICGC was established in which year?
Q48. Which was the first Regional Rural Bank in India?
Q49. Who heads the Board for Payment & Settlement Systems?
Q50. “Apno Ka Bank” is the tagline of which bank?
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Important Banking Awareness Topics Repeated in IBPS PO
The following topics are repeatedly asked in IBPS PO Mains Banking Awareness section:
- RBI Regulations & Monetary Policy
- Digital Banking & Payment Systems
- UPI, CBDC, AePS & Tokenisation
- NBFC Guidelines
- CRR, SLR, CRAR & CET1 Ratios
- Capital Market & Primary Market
- Priority Sector Lending
- Banking Reforms & EASE Agenda
- Financial Institutions & Deposit Insurance
- Banking Products & Digital Finance
Hi, I’m Tripti, a senior content writer at Oliveboard, where I manage blog content along with community engagement across platforms like Telegram and WhatsApp. With 3+ years of experience in content and SEO optimization related to banking exams, I have led content for popular exams like SSC, banking, railway, and state exams.
