Top 40 Banking Awareness Questions For IDBI JAM Exam 2026, Download PDF

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The IDBI JAM Exam 2026 is scheduled for 12th April 2026. Candidates can prepare effectively and boost their overall score in the banking awareness section by practicing these Top 40 Banking Awareness Questions For IDBI JAM Exam 2026. The banking awareness section of the IDBI JAM exam comprises 60 questions with 25 minutes of sectional timing. Download the full PDF for last-minute preparation and practice.

Top 40 Banking Awareness Questions For IDBI JAM Exam 2026 PDF Download Link

Candidates can download the complete set of Top 40 Banking Awareness Questions For IDBI JAM Exam 2026 PDF for effective revision and practice. The PDF includes detailed explanations to help understand concepts better.

Top 10 Banking Awareness Questions For IDBI JAM Exam 2026

Here are some important questions extracted from the full set with answers and explanations:

Q1. According to the Priority Sector Lending (PSL) guidelines of the Reserve Bank of India (RBI), which of the following defines a Small Farmer?
A. Farmers with a landholding of less than 1 hectare
B. Farmers with a landholding of more than 1 hectare and up to 2 hectares
C. Farmers with a landholding of more than 2 hectares and up to 5 hectares
D. Farmers with a landholding of more than 5 hectares
E. Farmers with a landholding of exactly 1 hectare

Answer: B
Solution: According to PSL guidelines, Small Farmers = landholding >1 hectare up to 2 hectares. Marginal Farmers = up to 1 hectare. Banks must allocate specific % of ANBC to these farmers for agricultural growth.

Q2. Kotak Mahindra Bank recently acquired a 100% stake in which microfinance institution for Rs 537 crore, making it a wholly-owned subsidiary? (March 2024)
A. Bharat Financial Inclusion Limited
B. Bandhan Bank
C. Arohan Financial Services Limited
D. Sonata Finance Private Limited
E. Equitas Small Finance Bank

Answer: D
Solution: Kotak acquired Sonata Finance Pvt Ltd (NBFC-MFI) for Rs 537 crore. Sonata became Kotak’s wholly-owned subsidiary.

Q3. For how many years has the Life Insurance Corporation (LIC) of India been granted an extension by the Securities and Exchange Board of India (SEBI) to achieve a 10% public shareholding? (May 2024)
A. 1 year
B. 2 years
C. 3 years
D. 4 years
E. 5 years

Answer: C
Solution: SEBI granted 3-year extension to LIC till May 16, 2027. LIC listed on May 17, 2022.

Q4. What is the minimum amount required to open a National Savings Certificate (NSC) account?
A. Rs.500
B. Rs.1,000
C. Rs.1,500
D. Rs.2,000
E. Rs.5,000

Answer: B
Solution: Minimum Rs.1,000 (multiples of Rs.100). 5-year maturity, tax benefits u/s 80C (upto Rs.1.5L).

Q5. Which Indian bank became the first to execute an export finance transaction on the International Trade Financing Services Platform (ITFS) of RXIL Global (IFSC) Limited? (January 2024)
A. ICICI Bank
B. State Bank of India
C. HDFC Bank
D. Axis Bank
E. Yes Bank

Answer: E
Solution: Yes Bank pioneered export finance on RXIL ITFS via Factoring & Forfaiting.

Q6. According to RBI, what is the maximum FDI limit under automatic route for investors whose ownership is well diversified in credit information companies?
A. 26%
B. 49%
C. 51%
D. 74%
E. 100%

Answer: E
Solution: 100% FDI automatic route for well-diversified credit info companies with established track record.

Q7. Which schemes were integrated into Reserve Bank-Integrated Ombudsman Scheme, 2021?
1. Banking Ombudsman Scheme, 2006
2. Ombudsman Scheme for NBFCs, 2018
3. Ombudsman Scheme for Digital Transactions, 2019
4. Ombudsman Scheme for Insurance Companies, 2020

A. Only 1 and 2
B. Only 1, 2 and 3
C. Only 1 and 4
D. Only 1,3 and 4
E. Only 1 and 3

Answer: B
Solution: RB-IOS 2021 integrated Banking, NBFC, Digital Transactions (not Insurance Ombudsman).

Q8. According to Stand-Up India scheme, minimum and maximum loan amount?
A. Rs.50,000 to Rs.5 lakh
B. Rs.5 lakh to Rs.50 lakh
C. Rs.10 lakh to Rs.1 crore
D. Rs.1 crore to Rs.10 crore
E. Rs.1 lakh to Rs.10 lakh

Answer: C
Solution: Rs.10L-1Cr for 1 SC/ST + 1 Woman borrower per branch for greenfield enterprises.

Q9. Union Budget 2024-25: DBT of 1 month’s wage for first-time EPFO employees? (July 2024)
A. Rs.10,000
B. Rs.15,000
C. Rs.20,000
D. Rs.30,000
E. Rs.40,000

Answer: B
Solution: Rs.15,000 in 3 installments for first-time EPFO employees (salary ≤Rs.1L/month).

Q10. New loan size for high-end skilling courses under revised Model Skill Loan Scheme? (July 2024)
A. Rs.2.5 lakh
B. Rs.3.5 lakh
C. Rs.5 lakh
D. Rs.7.5 lakh
E. Rs.10 lakh

Answer: D
Solution: Rs.7.5 lakh (up from Rs.1.5L) for high-end skilling courses.

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FAQs

What are the Top 40 Banking Awareness Questions For IDBI JAM Exam 2026?

These are carefully selected important questions based on banking concepts, RBI guidelines, and recent current affairs to help candidates prepare effectively.

How many questions are asked in the Banking Awareness section of IDBI JAM 2026?

A total of 60 questions are asked in this section, carrying 60 marks with a sectional timing of 25 minutes.

Why should I practice Top 40 Banking Awareness Questions For IDBI JAM Exam 2026?

Practicing these questions helps in quick revision, improves accuracy, and strengthens your understanding of frequently asked topics.

What topics are included in Top 40 Banking Awareness Questions For IDBI JAM Exam 2026?

The questions cover RBI policies, financial schemes, banking terms, current affairs, and recent developments in the banking sector.

What is the best way to prepare using Top 40 Banking Awareness Questions For IDBI JAM Exam 2026?

Revise concepts, stay updated with current affairs, and practice these questions regularly to improve speed and accuracy.

Top 40 Banking Awareness Questions For IDBI JAM Exam 2026, Download PDF