Federal Bank PO Mock Test 2021

Like many other banking organizations, Federal Bank is also recruiting Probationary Officers every year, thus giving young aspirants an entry to the banking sector jobs. Even though, the much awaited Federal Bank PO Recruitment is not yet released, it is advised to the aspirants to start preparing early. As lakhs of candidates appear for this test during every recruitment, the competition level is also much higher. So, here we have a rapid Federal Bank PO Mock Test 2021 to lighten your mood and boost your exam preparations.

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Federal Bank PO Mock Test 2021

As per the official sources, the federal bank will soon release the official notification regarding the bank PO recruitment for the year 2021. This year too, the selection process will involve two stages. Firstly, the quantitative aptitude test and secondly the Group Discussion-Interview round. Only if the candidate successfully clears the first stage, he/she will be eligible for further proceedings. Therefore, the aspirants must prepare well for the quantitative aptitude test.

Federal Bank PO Sample Questions & Answers

1.To solve the problems of Balance of Payments of member countries is function of:

a) World Bank

b) IMF

c) GATT

d) None of these

Answer: IMF

2.Bharatiya Mahila Bank Limited on 19 November, 2014 launched its Internet Banking Facility. Name of it was:

a) BMB Net

b) BMB Online

c) BMB Smart banking

d) None of these

Answer: BMB Smart banking

3.Which of the following is not considered a money market instrument?

(a) Treasury bills

(b) Repurchase Agreement

(c) Commercial Paper

(d) Certificate of Deposit

Answer: Repurchase Agreement

4.’FBTR’ is a term/abbreviated name related to the area of ____________.

(a) Nuclear power

(b) Agriculture

(c) Economy

(d) Medical Science

Answer: Nuclear power

5.In which country was the Bank for International Settlements (BIS) located?

(a) US

(b) Switzerland

(c) Japan

(d) China

Answer: China

Federal Bank PO Mock Test

1.When a bank deposits a fake note to the RBI, the amount paid by the RBI to the bank is

(a) 5% of the amount of the fake note.

(b) 10% of the amount of the fake note.

(c) 18% of the amount of the fake note

(d) 25% of the amount of the fake note

2.For the overdraft facility, customer have to pay:

(a) Interest

(b) Commission

(c) Normal Charges

(d) None of these

3.A program that performs a useful task while simultaneously allowing destructive acts is a:

(a) worm.

(b)Trojan horse.

(c) virus.

(d) macro virus.

4.What is the full form of ‘GUI’?

(a) Gnutella Universal Interface

(b) Graphical User interface

(c) Graphic Uninstall/Install

(d) General Utility interface

5.Which of the following is another name for a chip?

(a) Silicon chip

(b) Integrated circuit

(c) Semi conductor

(d) All of these

6.A piece of cloth costs Rs 35. If the piece were 4m longer and each meter costs Re 1.00 less, the cost would remain unchanged. How long is the piece?

(a) 10

(b) 20

(c) 30

(d) 15

7.Accounts are allowed to be operated by cheques in respect of

(a) both current accounts and fixed deposit accounts

(b) current accounts and Savings Bank accounts

(c) savings bank accounts and loan accounts

(d) current accounts and fixed deposit accounts

8.Full form of DICGC:

(a) Deposit Insurance and Credit Guarantee Corporation of India Limited

(b) Document of Insurance and Credit Guarantee Corporation of India

(c) Deposit in International Credit Guarantee Corporation of India Limited

(d) None of these

9.Scheduled Commercial Banks has to maintain their CRR up to:

(a) 3% of their time and demand liabilities

(b) 5% of their time and demand liabilities

(c) 7% of their time and demand liabilities

(d) None of these

10.National Bank for Agricultural and Rural Development was established in:

(a) 1982 under act of parliament

(b) 1985 under act of parliament

(c) 1988 under act of parliament

(d) None of these

11.From the following statement which is incorrect about guidelines of RBI for Licensing of New Banks in the Private Sector-

(a) Minimum capital requirement will be Rs.500 Crore

(b) Aggregate foreign shareholding in the new bank should not exceed 49 per cent for the first five years

(c) The new bank should open at least 25 per cent of its branches in unbanked rural centres

(d) Bank should open at least 25 per cent of its branches in metropolitan area

12.Name the 5 cities where RBI issued plastic notes

(a) Jaipur, Shimla, Delhi, Patna and Mumbai

(b) Mumbai, Shimla, Jaipur, Patna and Chennai

(c) Jaipur, Shimla, Kochi, Mysore and Mumbai

(d) Kochi, Mysore, Jaipur, Bhubhaneswar and Shimla

13.Mutilated Notes are

(a) Notes which are in pieces and/or of which the essential portions are missing

(b) Any bank note, which is wholly or partially, obliterated, shrunk

(c) Notes which are washed, altered or indecipherable

(d) Notes which are wholly or partially, obliterated, shrunk, washed, altered or indecipherable

14.Banks and other financial institutions in India are required to maintain a certain amount of liquid assets like cash, precious metals, and other short-term securities as a reserve all the time in banking world this is known as __________.

(a) CRR

(b) SLR

(c) PLR

(d) MSF

15.Software programs that close potential security breaches in an operating system are known as:

(a)security breach fixes.

(b)refresh patches.

(c)security repairs.

(d)security patches

Practice more number of mock tests to ace your Federal Bank PO Examination in flying colours! Moreover, you can also make use of the video courses that are offered by Entri to make your learning experience great! So, start learning with Entri! Download the App now itself!