Banking Awareness July 2019 Quiz

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Banking Awareness July 2019 Quiz

Introduction

The article Banking Awareness Quiz includes Banking Awareness July 2019 Quiz with an explanation, analysis, and issues of current events in the month. And these quizzes will help in the Competitive Exams like IBPS, RBI Grade B, SBI PO, RRB and other banking examinations.

Quiz

Banking Awareness July 2019 Quiz - 31st

Q1. World Water Day is Observed on_______.

Answer

Q2. Which state has become India’s first fully organic state?

Answer

Q3. Dr. M.S. Swaminathan has distinguished himself in which of the following fields?

Answer

Q4. Baglihar Hydro Electric Power Project is located in which Indian state?

Answer

Q5. “Elephanta Island” is located in which state?

Answer

Q6. On which date, the World Hindi Day is observed?

Answer

Q7. Jallikattu, a bullfighting is popular in which of the following states?

Answer

Q8. Who was the rst Indian to go into space?

Answer

Q9. Woody Island is located in which of the following sea?

Answer

Q10. ‘Yen’ is the currency of _____.

Answer

Q11. Kanha Tiger Reserve is situated in Mandla district of ______.

Answer

Q12. The headquarters of the International Solar Alliance (ISA) is located in which of the following cities?

Answer

Q13. Federal Reserves is the Central Bank of ______.

Answer

Q14. Unakoti hill, an ancient Shaivite place of worship, is located in which state of India?

Answer

Q15. Bhitarkanika Wildlife Sanctuary is located in which state of India?

Answer

Q16. Headquarters of National Film Archive of India_____.

Answer: A

Q17. Duduma falls are located on which of the following rivers in India?

Answer

Q18. Who termed the Coin as Rupiya?

Answer

Q19. Rihand Thermal Power Station is located in which state of India?

Answer

Q20. What is the currency of Hungary?

Answer

Q21. Hirakud Dam is built on which river?

Answer

Q22. What is the capital of Cambodia?

Answer

Q23. ‘.JPG’ extension refers usually to what kind of le?

Answer

Q24. What is CNG?

Answer

Q25. What is the full form of NPCI?

Answer

Banking Awareness July 2019 Quiz - 30th

Q1. Which of the following is not a source of Funds of a commercial bank?

Answer

Q2. What does ‘NOSTRO’ account means?

B. An account opened by foreign citizens other than NRIs in India with foreign banks in foreign currency to convert Indian rupee to that currency and remit back to their own country.

C. An account opened by foreign citizens other than NRIs in India with Indian banks in INR for their expenses in India.

D. An account opened by an Indian bank in the foreign countries in their banks and in that country currency for settlement in that country’s currency.
Answer: D

Q3. M1, M2, M3, and M4 in banking are used to measure which of the following?

Answer

Q4. Special Drawing right is an international practice of drawing funds. Which of the following institutions control this special funding facility?

Answer

Q5. A savings as well as current account should be treated as inoperative / dormant if there are no transactions in the account for over a period of _____ years

Answer

Q6. In “STRIPS” R stands for

Answer

Q7. PIN is the numeric password which is separately mailed/handed over to the customer by the bank while issuing the ATM Debit / Credit card. What is the expanded a form of PIN?

Answer

Q8. Which of the following is/are known as banker’s bank?

Answer

Q9. According to the report from property consultancy Knight Frank, what is the rank of India among the top capital importing countries globally?

Answer

Q10. The hundred rupee currency note in India bears the signature of

Answer

Q11. The Global Climate Change Alliance (GCCA) is an initiative of the _____.

Answer

Q12. The Reserve Bank of India (RBI) has announced an extension of timings for customer transactions through Real Time Gross Settlement (RTGS) from 4:30 PM to ______.

Answer

Q13. Who monitors the Priority Sector Lending (PSL) in commercial banks?

Answer

Q14. Which of the following is India’s first Credit Rating Agency?

Answer

Q15. In India the ination is calculated on the basis of which of the following indexes?

Answer

Q16. Which Indian education technology startup has bagged a $25,000 global tech prize?

Answer

Q17. Under Niti Aayog, the Regional Councils is chaired by ___.

Answer

Q18. IFSC is an 11- alphanumeric code with the rst four alphabetic characters representing the _____.

Answer

Q19. IMPS is a mode of Payment transfer. Here IMPS stand force C a a C

Answer

Q20. On 10, April 2019, which of the following companies has launched new cloud platform ‘Anthos’ which allow users to run applications from anywhere?

Answer

Q21. Credit rating agency ‘Fitch’ has reduced the India’s growth forecast for the current scal 2019-20 from 6.8% to ____.

Answer

Q22. Which of the following banks has launched ‘Bank of Wheels’ service?

Answer

Q23. Which bank has signed the pact with Bharti Axa to distribute insurance products?

Answer

Q24. Which of the following banks has launched India’s first ‘Green Car Loan’ to encourage customers to buy electric vehicles?

Answer

Q25. Who has become the first public sector bank in India to meet RBI’s EMV mandate?

Answer

Banking Awareness July 2019 Quiz - 29th

Q1. The Government of India has raised for ling loan recovery application in the Debt Recovery Tribunals (DRT) by banks and financial institutions to ___.

Answer

Q2. The Insurance Regulatory and Development Authority of India (IRDAI) was working on which of the following method’s guidelines, that will allow insurers to check the products before being available in the market in a particular geography or set of policyholders?

Answer

Q3. The Andhra Pradesh Government has launched which mobile platform, to enable small-scale farmers to market their produce at reasonable prices?

Answer

Q4. The World Bank launched “Bond-I”, the world’s first bond to be created, allocated, transferred and managed through its life cycle using distributed ledger technology. What is the full form of “Bond-I”?

Answer

Q5. Ashish Kumar Bhutani has been appointed as Chief Executive Officer (CEO) of which of the following schemes?

Answer

Q6. A unique function of a bank is to create credit. Which of the following factors does not determine the credit creation power of banks?

Answer: C

Q7. Which one of the following banks were nationalized in the second wave of nationalization in 1980?

Answer

Q8. Reserves which can act as a liquidity buffer for commercial banks during crisis times are __-.

Answer

Q9. What does ‘P’ stands for in ‘MPC’?

Answer

Q10. Planning for Retirement Saving is a type of

Answer

Q11. What are masala bonds?

Answer

Q12. Which Mutual Funds company had surpassed ICICI Prudential MF to gain top position?

Answer

Q13. India had permitted which Iranian bank to open its branch in Mumbai?

Answer

Q14. The Reserve Bank of India will introduce ‘Ombudsman Scheme for Digital Transactions’ to provide the cost-free mechanism to redress grievances of customers related to digital transactions. The detailed scheme will be introduced by RBI by the end of _____.

Answer

Q15. Which of the following financial company has received RBI license to start a non-banking financial company (NBFC) biz?

Answer

Q16. PNB Metlife has unveiled an Articial Intelligence (AI)-powered customer service app ______.

Answer

Q17. Which of the following component of the external sector comes under Current Account in India?

Answer

Q18. The Global Gender Gap Report is released by which of the following organizations?

Answer

Q19. Demand draft is a negotiable instrument issued by a certain bank that directs the other bank or one of its own branches to pay a certain sum of money to the payee. A demand draft in which the payment is made only after the specified period is known as ____.

Answer

Q20. RBI is the lender of the last resort. It means _________.

Answer

Q21. What is the maximum limit for a loan under the Tarun scheme of Mudra Bank loan Yojana?

Answer

Q22. Which of the following does not constitute an asset on the Balance sheet of a company?

Answer

Q23. When banks accept a fixed sum of money from an individual for a definite term and pay on maturity with interest, the deposit is known as

Answer

Q24. The European Central Bank (ECB) has launched ‘TIPS’ an innovative pan-European service for settling electronic payments instantly. TIPS enables payment service providers to offer fund transfers to their customers in real-time and around the clock, every day of the year. What is the expanded form of ‘TIPS’?

Answer

Q25. As per the 2019 Global Economics Prospect released in Washington, what is India’s GDP growth forecast for FY 2018-19?

Answer

Banking Awareness July 2019 Quiz - 28th

Q1. Banks are authorized to sell third party products. Which are these products?

Answer

Q2. Which of the following identifies as a Foreign exchange transaction?

Answer

Q3. When RBI raises the Cash reserve Ratio rate what action are the banks required to take?

Answer

Q4. Almost all banks in India are providing special schemes for providing banking services to the rural poor. What is this concept known as?

Answer

Q5. RBI has sold its entire stake except 1 percent in which of the following organizations?

Answer

Q6. Organization of workers in which of the following ways has proved to be effective in providing microfinance by banks and financial institutions to the rural poor?

Answer

Q7. Bank rate as fixed by RBI means –

Answer

Q8. Increase in remittances from non- resident Indian suggest –

Answer

Q9. Which one of the following does not qualify as priority sector lending by commercial banks?

Answer

Q10. Which of the following is not a method of credit control?

Answer

Q11. An average citizen cannot a savings account in which of the following?

Answer

Q12. Which of the following schemes is not meant for investment purpose?

Answer

Q13. Basel norms which are important regulatory stipulations is meant for which sector?

Answer

Q14. The monetary and credit policy of India is the responsibility of which of the following?

Answer

Q15. Electronic clearing services is a payment facility for customers. Which of the following provide this facility?

Answer

Q16. Financial inclusion is meant for –

Answer

Q17. Systematic Investment Plans are a facility by which of the following?

Answer

Q18. Which of hte following lending is considered as a priority sector loan?

Answer

Q19. Euro money is the official currency of –

Answer

Q20. Whose signature appears on Indian Rs. 100 note?

Answer

Q21. Bank branches are established under ____________ of Banking Regulations Act, 1949.

Answer

Q22. Mixed Banking is the system in which banks undertake activities of _______ and investment banking together.

Answer

Q23. A fiscal deficit occurs

Answer

Q24. The difference between the outflow and inflow of foreign currency is known as

Answer

Q25. Type(s) of account that can be opened under NRO are –

Answer

Banking Awareness July 2019 Quiz - 27th

Q1. In 2014, Reserve Bank of India (RBI) established a fund ‘DEAF’, which comprises of unclaimed funds of depositors. What is the expand form of “DEAF”?

Answer

Q2. What does the letter ‘I’ in ‘IMPS’ stand for?

Answer

Q3. ‘MPIN’ is a 4-digit number combination used in an Automated Telephone Banking system. What does M stand for in ‘MPIN’?

Answer

Q4. Which of the following banks has launched the Articial Intelligence (AI) interactive assistant chatbot named “ABHi”?

Answer

Q5. Which of the following banks has launched the web tool named ‘Vasool So-Ft’ to digitalise the NPA (non-performing asset) recovery process of the bank?

Answer

Q6. Who is the current Managing Director (MD) and Chief Executive Ofcer (CEO) of Karnataka Bank?

Answer

Q7. Which of the following institutions has released the “Payment and Settlement Systems in India: Vision 2019 – 2021″?

Answer

Q8. Which bank has launched the YONO Cash service for its customers which will allow them to withdraw cash from ATMs without their debit cards?

Answer

Q9. Fiscal decit is pegged at ______ per cent of GDP in the Interim Budget 2019-20.

Answer

Q10. As per the Interim Budget 2019-20, TDS threshold on interest earned on bank/post ofce deposits is being raised from Rs. 10,000 to _______.

Answer

Q11. The difference in the value of all exports and imports of a particular nation over a period of time is called ____.

Answer

Q12. PNB Metlife has unveiled an Articial Intelligence (AI)-powered customer service app ______.

Answer

Q13. Which of the following insurance companies has launched Cyber Insurance Policy ‘E @ Secure’ for individuals?

Answer

Q14. What is the maximum limit on the amount of money that can be sent under MTSS?

Answer

Q15. Which of the following is India’s rst Information Utility under the Insolvency and Bankruptcy code?

Answer

Q16. No frill account tag denotes banking facilities for which among the following?

Answer

Q17. What is the name of the digital registry where credit history of individuals, wilful defaults, pending les record are kept?

Answer

Q18. As pe the Insurance Ombudsman scheme, the ombudsman shall pass an award within a period of ____from the receipt of the complaint.

Answer

Q19. Where is the headquarters of the National Investment and Infrastructure Fund (NIIF) located?

Answer

Q20. Which of the following terms is NOT used in Banking/ Finance-related matters?

Answer

Q21. Which of the following banks has taken over the Centurion Bank of Punjab?

Answer

Q22. Bank branches are established under which section of Banking Regulations Act, 1949?

Answer

Q23. Which of the following Acts has specially been enacted to help banks deal with bad loans?

Answer

Q24. The head ofce of Union Bank of India located in____.

Answer

Q25. NEFT is a nation-wide payment system facilitating one-to-one funds transfer. What is the limit on the amount that could be transferred using NEFT?

Answer

Banking Awareness July 2019 Quiz - 26th

Q1. ‘Desert National Park’ is located in which state?

Answer

Q2. ‘Mahi Bajaj Sagar dam’ is located in which state?

Answer: D

Q3. Mohiniattam Dance is associated with which of the following Indian states?

Answer

Q4. Which of the following is the UNESCO World Heritage Site present in Bihar State India?

Answer

Q5. On 07 January 2019, the ‘Polavaram Dam project’ has entered the Guinness Book of World by pouring 32,100 cubic metres of concrete in 24 hours. The ‘Polavaram Dam project’ is located in ____.

Answer

Q6. Salim Ali National Park is located in which state?

Answer

Q7. With which of the following airports in India’s First Aircraft Runway on ‘Sea Bridge’ associated?

Answer

Q8. Dr. Babasaheb Ambedkar International Airport is located in which state?

Answer

Q9. Loktak Lake, one of the most vulnerable wetlands of India is situated in which state?

Answer

Q10. In the memory of which of the following doctors, the National Doctor’s Day in India is celebrated on every 1st of July?

Answer

Q11. The World Wildlife Day is observed on which of the following dates?

Answer

Q12. With which the state of India is the Cheraw Dance associated?

Answer

Q13. Which of following comes under world heritage site?

Answer

Q14. ‘Golden Revolution’ is related to ____.

Answer

Q15. “Losar” is the state festival of which of the following Indian state?

Answer

Q16. What is the currency of Kyrgyzstan?

Answer

Q17. World Sickle Cell Day observed every year on which date?

Answer

Q18. The Air Force Day is being observed annually across India on _____.

Answer

Q19. The Golden Temple located in the middle of which lake?

Answer

Q20. Srinagar is located on which river?

Answer

Q21. Padma River is one of the main distributaries of the Ganges, owing in which of the following countries?

Answer

Q22. Where is Chittorgarh Fort located

Answer

Q23. What is the capital of Greece?

Answer

Q24. Deciency of Vitamin A could result in:

Answer

Q25. Which of the following metals is used for generation of Nuclear Energy by most of the Nuclear Power Plants?

Answer

Banking Awareness July 2019 Quiz - 25th

Q1. Who has been awarded the International Cricketer and Batsman of the Year at the CEAT Cricket Rating International Award
2019?

Answer

Q2. Who has been appointed the chairman of ITC Ltd.?

Answer

Q3. Who has become the first Indian cricketer to join Hampshire Cricket Club?

Answer

Q4. NASA’s first female Astronaut candidate Jerrie Cobb passes away. She belonged to which of the following countries?

Answer

Q5. Who among the following is the author of the book ‘Quichotte’?

Answer

Q6. As per NIRF Ranking 2019, which institution got the rst rank in the Engineering category?

Answer

Q7. Which of the following countries hosted the 5 Women’s Championship 2019 SAFF (South Asian Football Federation)
games?

Answer

Q8. Which of the following is the 18th zone of India Railways?

Answer

Q9. As per the latest report by the World Gold Council (WGC). What is India’s rank in gold reserve?

Answer

Q10. Who is the incumbent Chief Election Commissioner of India?

Answer: B

Q11. On March 4, 2019, the Registrar of Geographical Indications of the Indian government, accorded a GI tag, ‘Sirsi Supari’, to
arecanut. Arecanut grew in which of the following states in India?

Answer

Q12. Which of the following cities has received the India’s ‘Fastest Moving Big City’ in Swachh Survekshan 2019 (SS 2019)
awards?

Answer

Q13. Who is the current Finance Secretary (FS) of India?

Answer

Q14. Who was appointed as the Director of Bhabha Atomic Research Centre (BARC)?

Answer

Q15. Who has won the ‘Chameli Devi Jain Award’ for an Outstanding Woman Journalist for the year 2018?

Answer

Q16. According to the interim Budget 2019 speech, The Union government has decided to set up Rashtriya Kamdhenu Aayog
for the welfare of ____

Answer

Q17. India’s first ‘Full dome 3D Digital Theatre’ has been established in _____.

Answer: C

Q18. The 33rd Surajkund International Crafts Mela was held in which city?

Answer

Q19. Who among the following won OSCAR Award 2019 for the ‘Best Male Actor’ at the 91st Academy Awards ceremony in
Los Angeles, California?

Answer

Q20. Who has been honoured with the ‘Freedom of the City Of London’ in recognition of his contribution to promoting the
bilateral relations?

Answer

Q21. Which of the following states government has announced to launch Annadata Sukhibhava scheme 2019?

Answer

Q22. Who among the following Indian female cricketers have scored fastest T20I fty?

Answer

Q23. Which cricket team has won the 2018-19 season’s Ranji Trophy title?

Answer

Q24. Which of the following countries has launched new ‘Fateh’ Submarine in the semi-heavy category?

Answer

Q25. Which is the second ofcial language of Himachal Pradesh?

Answer

Banking Awareness July 2019 Quiz - 24th

Q1. What do you understand by Cheque Truncation System?

Answer

Q2. The Certificate of Deposit (CD) is a negotiable money market instrument and issued in the form of?

Answer

Q3. The rate at which banks borrow money from the RBI is called ____.

Answer

Q4. ‘Cheque’ and Demand Draft’ come under the purview of which of the following Acts?

Answer

Q5. What is NFS stands for

Answer

Q6. With reference to the Minimum Alternate Tax (MAT), consider the following statements:

Answer

Q7. Which of the following areas is included in the priority sector loan in India?

A. a and d
B. a, b, c
C. a and b
D. All of these
Answer: B

Q8. What does the rst ‘S’ in USSD stands for?

Answer

Q9. Which of the following banks has launched India’s first ‘Green Car Loan’ to encourage customers to buy electric vehicles?

Answer

Q10. _____ refers to the borrowing raised by Indian corporates from international markets.

Answer

Q11. Who will head the Expert Committee on Economic Capital Framework constituted by the Reserve Bank of India?

Answer

Q12. Which of the following social networking companies registered a new company named Libra Networks’ in Geneva, Switzerland?’

Answer

Q13. Banks are required to take permission from which of the following before opening a new branch?

Answer

Q14. In which year was the first mutual fund set up in India?

Answer

Q15. Which of the following Acts has especially been launched to facilitate banks in the recovery of bad loans?

Answer

Q16. Teaser Rates are related to which of the following types of loans?

Answer

Q17. On domestic term deposits, banks in our country generally offer additional rate of interest on term deposits from –

Answer

Q18. Which of the following instruments cannot be transferred from one person to another by Endorsement?

Answer

Q19. What does the term ‘HUF’ family?

Answer: A

Q20. Under ‘Income Tax Informants Reward Scheme’, a person can get reward up to what amount for giving specic information about any Benami transaction or property?

Answer

Q21. What is money laundering?

Answer

Q22. A unique function of a bank is to create credit. Which of the following factors does not determine the credit creation power of banks?

Answer

Q23. Which of the following terms is NoT used in Banking Sector?

Answer

Q24. Who formulates the monetary policy in India?

Answer

Q25. Where is the headquarters of New Development Bank (NDB) located?

Answer

Banking Awareness July 2019 Quiz - 23rd

1. Bibi Ka Maqbara is a tomb located in which state?

Answer

Q2. In 1972, Amar Jawan Jyoti was inaugurated by which leader?

Answer

Q3. Champaner-Pavagadh Archaeological Park is a UNESCO World Heritage Site located in which state?

Answer

Q4. The shape of which lake is kidney-shaped or crescent-shaped?

Answer

Q5. Namdapha national park is situated in______.

Answer

Q6. The ‘Festival of India in Nepal’ was held in which city?

Answer: C

Q7. The “Doctrine of Basic Structure” applies to:

Answer

Q8. The World Fisheries Day (WFD) is observed every year on ____.

Answer

Q9. The cultural festival ‘Indra Jatra festival’ was celebrated in ______.

Answer

Q10. In which of the following states, is the M.A. Chidambaram Stadium situated?

Answer

Q11. What is the capital of Czech Republic?

Answer

Q12. No Tobacco Day is observed every year on __________.

Answer

Q13. The world’s largest Pavagada solar park is located in ____.

Answer

Q14. ‘Ugadi’ is celebrated as the new year in which of the followings states?

Answer

Q15. National Science Day is observed on ___.

Answer: D

Q16. Dr. Babasaheb Ambedkar International Airport is located in which state?

Answer

Q17. On which of the following rivers, Nagarjuna Sagar Dam is built upon?

Answer

Q18. The World Radio Day has been celebrated every year across the world on ____.

Answer

Q19. The Folk dance ‘Fugdi’ is related to which state?

Answer

Q20. Kolkata, the capital city of West Bengal, is situated along which river?

Answer

Q21. Where is the headquarter of the Indian Council of Agricultural Research (ICAR)?

Answer

Q22. The Indian Museum is the largest and oldest museum in India which is located in _____.

Answer

Q23. Kanger Valley National Park is located in which state?

Answer

Q24. Almatti dam is located in which state?

Answer: D

Q25. The World Photography Day (WPD) is observed every year on _____.

Answer

Banking Awareness July 2019 Quiz - 22nd

Q1. NPCI is an umbrella organization for all retail payments system in India. It was set up with the guidance and support of the Reserve Bank of India (RBI) and Indian Banks’ Association (IBA). What does NPCI stands for-

Answer

Q2. In which among the following years NPCI was incorporated-

Answer

Q3. The Bank for International Settlements (BIS) is the world’s oldest international financial organisation. BIS was established on-

Answer

Q4. Where is the head office of Bank for International Settlements (BIS)?

Answer

Q5. Under which act NPCI was incorporated as a Section 8?

Answer

Q6. Most banks are offering teaser rates on home loans. What does it mean?

Answer

Q7. Who decides the value and volume of banknotes to be printed and on what basis?

Answer

Q8. Indian Banking Regulation Act was passed in the year?

Answer

Q9. Financial Market consists of-

Answer

Q10. Who is authorised to sign ‘one-rupee’ note?

Answer

Q11. ‘Closed Economy’ is that economy in which…………?

Answer

Q12. The SDR was created by the IMF in ____________ as a supplementary international reserve asset, in the context of the Bretton Woods fixed exchange rate system.

Answer

Q13. The headquarters of SIDBI is in-

Answer

Q14. LIC of India was established in-

Answer

Q15. What is ‘Hawala market’?

Answer

Q16. Under OLTAS, only a Single Copy Challan is used with a tear-off portion for the Tax Payer. What does OLTAS stand for-?

Answer

Q17. What is the minimum period of maturity prescribed for Commercial Paper (CP)?

Answer

Q18. Which banks are insured by the Deposit Insurance and Credit Guarantee Corporation (DICGC)?

Answer

Q19. What is the maximum period of maturity prescribed for Commercial Paper (CP)?

Answer

Q20. Each depositor in a bank is insured by DICGC upto a maximum of _____________________ for both principal and interest amount held by him in the same capacity and same right as on the date of liquidation/cancellation of bank’s licence or the date on which the scheme of amalgamation/merger/reconstruction comes into force.

Answer

Q21. In January 2019, LIC has completed the process of picking up a controlling ___________________ stake in the nearly crippled IDBI Bank.

Answer

Q22. Reserve Bank of India has provided no objection to ________________ for the proposed acquisition of Gruh Finance.

Answer

Q23. Which of the following Bank has signed a pact with the Bank of China to boost business opportunities recently?

Answer

Q24. The Reserve Bank of India has slapped a penalty of ____________________ on Punjab National Bank for non-compliance of regulatory directions with regard to SWIFT operations.

Answer

Q25. Bandhan Bank Limited is an Indian banking and financial services company headquartered in-

Answer

Banking Awareness July 2019 Quiz - 21st

1. Which of the following financial institution has approved USD 147 Million Loan Agreement for Jharkhand Municipal Development Project?

Answer

Q2. In “SLR” L stands for ____.

Answer

Q3. ‘Nomination’ for a deposit account in the banking terminology means ______ .

Answer

Q4. Who has been elected as the new Director-General of the United Nations Food and Agriculture Organization (FAO)?

Answer: B

Q5. The objective of MUDRA Bank is to encourage entrepreneurship among SC/STs and OBCs. In MUDRA, R stands for ___.

Answer

Q6. Under the Pradhan Mantri Awas Yojana (PMAY), what is the revised housing loan limit under the Priority Sector Lending (PSL) for the metropolitan centre?

Answer

Q7. Indian Financial System Code consists of how many alphanumeric digit?

Answer

Q8. Which of the following is the apex institution that handles refinance for agriculture and rural development in India?

Answer

Q9. What is the size of new 200-rupee bank note?

Answer

Q10. CRR refers to the share of __________ that banks have to maintain with RBI of their net demand and time liabilities.

Answer

Q11. Treasury bills or T-bills, which are money market instruments, are short term debt instruments issued by ____.

Answer

Q12. The headquarter of BRICS Bank “The New Development Bank (NDB)” located in ___.

Answer

Q13. Deposit Insurance and Credit Guarantee Corporation ( DICGC) is a subsidiary of _____.

Answer

Q14. Which of the following organizations provides credit history of the borrowers?

Answer

Q15. What are Mutilated Notes?

Answer

Q16. According to the Reserve Bank of India, which one of the following is the reason owing to which India’s nation is accelerating?

Answer

Q17. A company which pools money from investors and invests in stocks, bond and shares is called __.

Answer

Q18. Who among the following is the regulator of Money Market?

Answer

Q19. The mobile wallet app “Buddy” launched by which bank?

Answer

Q20. Who is known as father of modern Economics?

Answer

Q21. The Walled City of Jaipur has been included in the list of UNESCO world heritage site. The Walled City of Jaipur located in

Answer

Q22. Who has won the Gold medal in women’s 200 m at the Kutno Athletics Meet in Poland?

Answer: B

Q23. Who among the following Indian wrestler has won the Gold Medal in 53 Kg category at the Grand Prix of Spain?

Answer: D

Q24. The Border Security Force (BSF) has launched a massive exercise, code-named as ____, to fortify Anti-Inltration Grid along Pakistan border in Punjab and Jammu.

Answer

Q25. Who among the following Indian wrestler has won the Gold Medal in 68 kg category at the Grand Prix of Spain?

Answer

Banking Awareness July 2019 Quiz - 20th

Q1. Which of the following organizations is the Mutual Fund Market regulator?

Answer

Q2. The cheque in which the signature of the drawer of the cheque is not genuine is called _____________.

Answer: D

Q3. CRR refers to the share of __________ that banks have to maintain with RBI of their net demand and time liabilities.

Answer: D

Q4. Which of the following organizations provides credit history of the borrowers?

Answer: A

Q5. The Working and operations of NBFCs are regulated by___.

Answer: B

Q6. The mobile wallet app “Buddy” launched by which bank?

Answer: D

Q7. Treasury bills or T-bills, which are money market instruments, are short term debt instruments issued by ____.

Answer: C

Q8. The headquarter of BRICS Bank “The New Development Bank (NDB)” located in ___.

Answer: B

Q9. In “SLR” L stands for ____.

Answer: C

Q10. The objective of MUDRA Bank is to encourage entrepreneurship among SC/STs and OBCs. In MUDRA, R stands for ___.

Answer: B

Q11. Indian Financial System Code consists of how many alphanumeric digits?

Answer: B

Q12. Foreign exchange reserves in India are kept in the custody of ___.

Answer: C

Q13. Which of the following is the apex institution that handles refinance for agriculture and rural development in India?

Answer: C

Q14. When the growth of GDP in a country slows down suddenly, people start losing their jobs and the situation continues for several weeks, what name is given to this state of the economy (A big country was in this state recently)?

Answer: B

Q15. The Securities and Exchange Board of India (SEBI) was established in the year___as a non-statutory body.

Answer: D

Q16. ‘Financial Inclusion’ is a powerful tool adopted by the Reserve Bank of India to full the basic objective of

Answer: B

Q17. ‘Nomination’ for a deposit account in the banking terminology means ______ .

Answer: C

Q18. ASBA scheme is related to the purchase of ____.

Answer: A

Q19. Which of the following is NOT a term related to banking/ nance operations?

Answer: D

Q20. According to the Reserve Bank of India, which one of the following is the reason owing to which India’s nation is accelerating?

Answer: A

Q21. When a corporate entity wishes to raise money from the market it can do that by issuing

Answer

Q22. Which of the following banks is India’s first Small Finance Bank (SFB)?

Answer: B

Q23. In, NDTL, what does ‘T’ stands for ____?

Answer: B

Q24. The concept of micro nance was launched in which of the following countries initially?

Answer: D

Q25. ‘Participatory Notes’ are associated with _____ _?

Answer: D

Banking Awareness July 2019 Quiz - 19th

Q1. What is the capital of South Africa?

Answer: D

Q2. Maastricht treaty is related with______

Answer: B

Q3. Banks keep notes/coins in Currency Chest on behalf of which of the following?

Answer: D

Q4. “Open Market Operations” are a part of which of the following policies?

Answer: C

Q5. The monetary units of the International Monetary Fund is called _____ .

Answer: C

Q6. Which Day is observed as the World Biofuel Day?

Answer: C

Q7. The responsibility for coinage vests with Government of India on the basis of the _________

Answer: C

Q8. Presentment for payment does not required in case of___.

Answer: A

Q9. Aga Khan Award is given in the field of___________

Answer: D

Q10. Inflation Indexed Bonds (IIBs) were issued with the name of __________ during 1997 by RBI.

Answer

Q11. What does BHIM stand for?

Answer

Q12. Which organisation developed BHIM Application?

Answer

Q13. What does UPI stand for?

Answer

Q14. Which of the following methods can be used to send money over UPI?

Answer

Q15. When was UPI service launched?

Answer

Q16. On which architecture is UPI built upon?

Answer

Q17. What is the correct format of a VPA on UPI?

Answer

Q18. To which of the following personalities is the BHIM app dedicated?

Answer

Q19. What is the length of UPI pin?

Answer

Q20. What does VPA stand for?

Answer

Q21. What does S stands for in SFMS in relation to NEFT payment method?

Answer: C

Q22. What is the maximum limit per transaction in NEFT?

Answer

Q23. How many digits are present in IFSC code?

Answer

Q24. What is the minimum amount of money that can be transferred through RTGS?

Answer

Q25. NEFT works on the principle of which of the following?

Answer

Banking Awareness July 2019 Quiz - 18th

1. The book “No Presents Please” has been authored by _____.

Answer

Q2. Which of the following Indian IT services rm has signed a memorandum of understanding (MoU) with French digital content publishing rm ‘Rakuten Aquafadas’ to collaborate on building enhanced Customer Experience?

Answer: C

Q3. As per the Forbes’ 2019 List, who has been topped in the List of The World’s 100 Highest-Paid Athletes?

Answer: B

Q4. The government has set up a committee to examine the issues related to framing of a proper, structured scheme for providing insurance cover to advocates and suggest modalities for its implementation. The panel is headed by ____.

Answer: D

Q5. Who has been elected as the President of Indonesia amid 2019 elections?

Answer: C

Q6. International Organization for Migration (IOM) headquarters is located in which city?

Answer: D

Q7. The U.S. Food and Drug Administration (FDA) has announced to approve the rst vaccine for dengue____.

Answer: A

Q8. Who has become the first country to declare an environmental and climate emergency?

Answer: A

Q9. Who has become the first Indian woman fighter pilot to y by day on Hawk advanced jet aircraft?

Answer: D

Q10. What is the rank of India in Kids Right Index 2019?

Answer

Q11. Which of the following cities hosted the 8$^{th}$ edition of Home Expo India 2019?

Answer: A

Q12. The National Green Tribunal on 07 March 2019, slapped a ne of Rs 500 crore on which of the following automobile companies for damaging the environment through the use of “cheat device” in its diesel cars in India?

Answer: C

Q13. On 1st April 2019, the longest suspension bridge has built over the River Indus in Leh-Ladakh region by Indian Army in the record time of 40 days. What is the name of the bridge?

Answer: B

Q14. Which event has secured a place in the Guinness Book of World Records for the largest crowd management, largest sanitation drive and largest painting exercise of public sites?

Answer: D

Q15. Who has won the 2019 IBSF Snooker World Team Cup?

Answer: B

Q16. Who has won the 2019 Canadian Grand Prix?

Answer: C

Q17. The world body governing Badminton (BFA) has launched two new formats of the game ‘AirBadminton’ and ‘Triples’ with
new dimensions of the court and an innovative shuttlecock called _____.

Answer: D

Q18. Who has become India’s first woman to ICC’s international panel of match referees?

Answer: D

Q19. Which of the following state governments has appointed ‘Lokpal’ in all universities except agricultural universities to resolve student grievances?

Answer

Q20. The Union Textiles Minister Smriti Irani inaugurated the ‘Titanwala Museum’ in ______.

Answer: A

Q21. Which of the following cities hosted the 4$^{th}$ Resilient Cities Asia Pacific Congress 2019?

Answer: B

Q22. Which of the following countries hosted the world’s foremost Artificial Intelligence (AI) Summit?

Answer: C

Q23. Which of the following years have been dedicated by the Indian Army to be commemorated as the ‘Year of Next of Kin’?

Answer: C

Q24. Which of the following space agency revealed its plan to hit a small moonlet target in a double asteroid system with a spacecraft in 2022?

Answer: D

Q25. Who has been appointed Managing Director (MD) of Twitter India?

Answer: D

Banking Awareness July 2019 Quiz - 17th

Q1. Who has been appointed interim Chairman cum Managing Director (MD) of Jammu and Kashmir Bank?

Answer: A

Q2. Which of the following countries hosted the G-20 Finance Ministers and Central Bank Governors’ meeting?

Answer: A

Q3. Which of the following financial institution has approved USD 147 Million Loan Agreement for Jharkhand Municipal Development Project?

Answer: A

Q4. Who has been elected as the new Director-General of the United Nations Food and Agriculture Organization (FAO)?

Answer: D

Q5. What does ‘F’ stand for in the term SWIFT?

Answer: B

Q6. Under the Pradhan Mantri Awas Yojana (PMAY), what is the revised housing loan limit under the Priority Sector Lending (PSL) for the metropolitan center?

Answer

Q7. Which of the following banks is India’s first Small Finance Bank (SFB)?

Answer: B

Q8. What is the size of new 200-rupee bank note?

Answer: D

Q9. The State bank of India (SBI) has slashed the daily withdrawal limit on its classic debit card from Rs 40,000 to Rs. _______.

Answer

Q10. The Government of India has raised for ling loan recovery application in the Debt Recovery Tribunals (DRT) by banks and financial institutions to ___.

Answer: D

Q11. Which of the following banks has designed and developed PaiSA portal for quicker processing of loans under the Deendayal Antyodaya Yojana?

Answer: D

Q12. What does ‘E’ stand for in SARFAESI?

Answer: B

Q13. Under which of the following sections of the RBI Act 1934, the Reserve Bank of India has the sole right to issue banknotes of all denominations except the one rupee note?

Answer: B

Q14. Who has become the third listed entity to achieve a market cap of Rs 6 lakh crore after Reliance Industries and TCS?

Answer: B

Q15. Deposit Insurance and Credit Guarantee Corporation ( DICGC) is a subsidiary of _____.

Answer

Q16. RBI takes “Prompt Corrective Action” when a bank is faced to __

Answer: D

Q17. Which organization has launched Udyam Abhilasha, a national level entrepreneurship awareness campaign?

Answer: B

Q18. Which insurance company has launched a specially designed mentorship program ‘Wings’, to empower the female workforce?

Answer: C

Q19. What is Mutilated Notes?

Answer: A

20. A company which pools money from investors and invests in stocks, bond and shares is called __.

Answer: D

Q20. A company which pools money from investors and invests in stocks, bond and shares is called __.

Answer: D

Q21. The hundred rupee currency note in India bears the signature of

Answer

Q22. Which of the following insurance company has launched a new microinsurance plan ‘Micro Bachat’?

Answer: B

Q23. The stock exchanges are dened under which of the following acts?

Answer

Q24. Who among the following is the regulator of Money Market?

Answer

Q25. Who is known as the father of modern Economics?

Answer

Banking Awareness July 2019 Quiz - 16th

Q1. What is the type of banking where banks operate only from a single branch called as?

Answer

Q2. What do we call the type of banking carried out by the non-bank financial intermediaries which provide services similar to those of traditional commercial banks

Answer

Q3. What is Islamic Banking?

Answer

Q4. What is the banking, where all banking operations are online, known as?

Answer

Q5. What do we call the banking oriented towards mass welfare and financial inclusion of the poor?

Answer

Q6. What do we call the banks that undertakes commercial banking, investment banking, mutual funds and merchant banking?

Answer

Q7. What is the type of banking which involves banking services for high net-worth clients like corporate, commercial banks, mid-size companies etc?

Answer

Q8. What is Retail Banking?

Answer

Q9. What is the banking known as when a group of persons come together to own and control three or more independently chartered banks?

Answer

Q10. What is the Banking combining banking and consultancy services called as?

Answer

Q11. What is the name of the central bank of Germany?

Answer

Q12. In which schedule are the scheduled banks of India listed in the RBI Act, 1934?

Answer

Q13. Which of these is an International Financial Institution?

Answer

Q14. What is the main business of commercial banks?

Answer

Q15. What do we call the banks which provide capital to the firms in the form of shares and engage in underwriting of stocks?

Answer

Q16. Which of these banks are not-for-profit banks owned by the depositor?

Answer

Q17. Where was the first Land Development Bank set up in India?

Answer

Q18. Which is the first co-operative bank in India?

Answer

Q19. What is not true about Payment bank?

Answer

Q20. What is the function of a Central Bank?

Answer

Q21. How much shares the government hold in the Public sector banks?

Answer

Q22. How many Public Sector banks are there in India presently?

Answer

Q23. Where is the headquarter of SBI located in India?

Answer

Q24. Where was Canara Bank first set up in 1906?

Answer

Q25. Where was the Oriental Bank of Commerce established in India?

Answer

Q26. Which public sector bank has the tagline “Your Tech-friendly bank”?

Answer

Q27. Which public sector bank had the account of the famous Jalianwala Bagh Committee?

Answer

Q28. Where is the headoffice of Indian Overseas Bank located?

Answer

Q29. Where is the headquarters of Bank of Maharashtra located in India?

Answer

Q30. When was the first phase of the India Post Payment bank inaugurated?

Answer

Banking Awareness July 2019 Quiz - 15th

Q1. Which of the following are not the Priority Sector categories?

Answer

Q2. The Government of India has enacted the Micro, Small and Medium Enterprises Development (MSMED) Act, ____________.

Answer

Q3. A Pensioner is entitled for compensation for delayed credit of pension/arrears thereof at the fixed rate of ________________ per annum (since 01st October 2008) and the same would be credited to the pensioner’s account automatically by the bank on the same day when the bank affords delayed credit of such pension/arrears etc. without any claim from the pensioner.

Answer

Q4. What is the loan limit for individuals to education under priority sector?

Answer

Q5. A micro enterprise is an enterprise where investment in plant and machinery does not exceed Rs. ____________ lakh.

Answer

Q6. The concerned pension sanctioning authorities in the Ministries/Departments/forward the PPOs to bank branches wherefrom the pensioner desires to draw his/her pension. What is the full form of PPOs?

Answer

Q7. What is the limit for housing loans in metropolitan centres (with population of ten lakh and above) under priority sector?

Answer

Q8. Public sector banks have been advised to open at least one specialized branch in each district. The banks have been permitted to categorize their MSME general banking branches having _____________ or more of their advances to MSME sector, as specialized MSME branches for providing better service to this sector as a whole.

Answer

Q9. In terms of Section ________________ of the RBI Act 1934, RBI has the obligation to undertake the receipts and payments of the Central Government and to carry out the exchange, remittance and other banking operations, including the management of the public debt of the Union.

Answer

Q10. PSLCs are a mechanism to enable banks to achieve the priority sector lending target and sub-targets by purchase of these instruments in the event of shortfall. What is the full form of PSLCs?

Answer

Q11. Which Bank has been categorized as a private sector lender following the acquisition of majority stake by Life Insurance Corporation?

Answer

Q12. The Reserve Bank of India (RBI) named State Bank of India (SBI), ICICI Bank and ________________________ as D-SIBs, which in other words mean banks that are too big to fail.

Answer

Q13. Which Bank has launched a new service called ‘YONO Cash’ for its customers using which customers can withdraw money from ATMs without using debit cards?

Answer

Q14. D-SIBs has already been phased-in from 01st April 2016 and fully effective from 01st April 2019. What is the full form of D-SIBs?

Answer

Q15. YONO is an integrated digital banking platform offered by State Bank of India (SBI) to enable users to access a variety of financial and other services such as taxi bookings, online shopping, or medical bill payments. YONO stands for-

Answer

Q16. In which year, The Clearing Corporation of India Limited (CCIL) was set up?

Answer

Q17. CBLO is a money market instrument that represents an obligation between a borrower and a lender as to the terms and conditions of a loan. CBLO stands for-

Answer

Q18. AIIB is a multilateral development bank with a mission to improve social and economic outcomes in Asia and beyond. AIIB commenced operations in-

Answer

Q19. Which organisation has been given the sole privilege to operate Pradhan Mantri Vaya Vandana Yojana?

Answer

Q20. In which of the following year Liberalised Remittance Scheme (LRS) was introduced?

Answer

Banking Awareness July 2019 Quiz - 14th

Answer

Q2. In which among the following years NPCI was incorporated-

Answer

Q3. The Bank for International Settlements (BIS) is the world’s oldest international financial organisation. BIS was established on-

Answer

Q4. Where is the head office of Bank for International Settlements (BIS)?

Answer

Q5. Under which act NPCI was incorporated as a Section 8?

Answer

Q6. Most banks are offering teaser rates on home loans. What does it mean?

Answer

Q7. Who decides the value and volume of bank notes to be printed and on what basis?

Answer

Q8. Indian Banking Regulation Act was passed in the year?

Answer

Q9. Financial Market consists of-

Answer

Q10. Who is authorised to sign ‘one-rupee’ note?

Answer

Q11. ‘Closed Economy’ is that economy in which…………?

Answer

Q12. The SDR was created by the IMF in ____________ as a supplementary international reserve asset, in the context of the Bretton Woods fixed exchange rate system.

Answer

Q13. The headquarters of SIDBI is in-

Answer

Q14. LIC of India was established in-

Answer

Q15. What is ‘Hawala market’?

Answer

Q16. NABARD was dedicated to the service of the nation by the late Prime Minister Smt. Indira Gandhi on-

Answer

Q17. The mission of NABARD is Promote sustainable and equitable agriculture and rural prosperity through effective credit support, related services, institution development and other innovative initiatives. What is meaning of “R” IN NABARD?

Answer

Q18. SAT is a statutory body established under the provisions of Section 15K of the Securities and Exchange Board of India (SEBI) Act, 1992. SAT stands for-

Answer

Q19. The Securities and Exchange Board of India (SEBI) was established on-

Answer

Q20. NABARD was set up with an initial capital of-

Answer

Q21. The Reserve Bank of India was established on-?

Answer

Q22. In which of the following city, the Central Office of the Reserve Bank was initially established?

Answer

Q23. The Reserve Bank of India was established in accordance with the provisions of-

Answer

Q24. In which of the following year, the Central Office of the Reserve Bank was permanently moved to Mumbai?

Answer

Q25. The Reserve Bank of India is fully owned by-

Answer

Banking Awareness July 2019 Quiz - 13th

Q1. Reserve bank of India (RBI) has nalised three years roadmap to improve regulation and supervision of the central bank. What is the name of the roadmap?

Answer

Q2. Which of the following banks has launched the Centralised MSME & Retail Group (Cen-MARG) to provide credit facilities to MSME?

Answer

Q3. Which of the following banks has launched the web tool named ‘Vasool So-Ft’ to digitalise the NPA (non-performing asset) recovery process of the bank?

Answer

Q4. Who is the current Managing Director (MD) and Chief Executive Ofcer (CEO) of Karnataka Bank

Answer

Q5. Which of the following banks has launched India’s rst ‘Green Car Loan’ to encourage customers to buy electric vehicles?

Answer

Q6. Which of the following banks has successfully rolled out major new functionality to support EMV card acquiring across its ATM network and Aadhaar Authentication?

Answer

Q7. The benet of standard deduction from salary was introduced in Budget 2018. The standard deduction of Rs 40,000 is increased to Rs. ____ in the Interim Budget 2019-20?

Answer

Q8. Which bank has agreed with the European Investment Bank to nance the renewable energy sector in India?

Answer

Q9. The nine-member K Kasturirangan committee had submitted its draft report on 31 December 2018 to the HRD Ministry on which issue?

Answer

Q10. According to the latest edition of the World Bank’s Migration and Development report, India retained its position as the world’s top recipient of remittances in 2018. What is the total remittances India received in 2018?

Answer

Q11. What is the name of Unied Payment Option that was launched by SBI through which customers will be able to pay through credit or debit cards, Bharat QR, Unied Payments Interface (UPI) and SBI Buddy (e-wallet) at a Point of Sale (PoS) terminal?

Answer

Q12. What is the name of risk that is associated with failure of banks in payment of amount representing clearing cheques presented by different banks?

Answer

Q13. The ‘IDRBT’ is established by the Reserve Bank of India (RBI) in 1996. It is a unique institution exclusively focused on ______?

Answer

Q14. The Rural Infrastructure Development Fund (RIDF) was set up by the Government in 1995-96 for financing ongoing rural Infrastructure projects. The RIDF is maintained by the _____?

Answer: B

Q15. Name the account for which bank act as an uninterested third party (custodian/depository) to ensure compliance with the terms of the deal between two parties only upon the fulllment of some stated conditions?

Answer

Q16. What is the name of a certicate issued by a depository bank, which purchases shares of foreign companies and deposits it on the account?

Answer

Q17. Under which of the following sections of the Banking Regulation Act,1949 does RBI issue guidelines on the maintenance of Statutory Liquidity Ratio (SLR)?

Answer: D

Q18. Narrow Money, a term in monetary aggregates, is denoted by ____?

Answer

Q19. What do you understand by Cheque Truncation System?

Answer

Q20. The rate at which banks borrow money from the RBI is called ____?

Answer

Q21. Which among the following is one of the products or services of NPCI?

Answer

Q22. In how many languages, the amount of a bank note is written on it?

Answer

Q23. National Automated Clearing House (NACH) is introduced by ____?

Answer

Q24.‘SIP’ in Mutual Fund business means?

Answer

Q25. Banks in India are regulated under ____?

Answer

Banking Awareness July 2019 Quiz - 12th

Q1. Who manages the registration and management activities of Urban co-operative banks in India?

Answer

Q2. Which of these are at the lowest rung of Rural Cooperative banking structure in India?

Answer

Q3. When was the first law, regulating the working of cooperative societies, was promulgated by British India Government?

Answer

Q4. Where was the first society under Cooperative Societies Act 1904 registered in India?

Answer

Q5. Who regulates the functioning of District Cooperative Banks in India?

Answer

Q6. Which of these committees was formed in 1915 to review the performance of cooperative societies and suggest measures for strengthening them?

Answer

Q7. Which of these committees in 1945 recommended the setting up of a Cooperative Training College in every state?

Answer

Q8. Which was the first Cooperative Bank established in India?

Answer

Q9. Which of these is a Cooperative Bank in India?

Answer

Q10. Which is the largest cooperative bank of India presently?

Answer

Q11. In which year the Regional Rural Banks Act was passed?

Answer

Q12. What is the share of Sponsor Banks in the Regional Rural Banks?

Answer

Q13. Which of these was the first RRB to be set up in India?

Answer

Q14. Which was the first RRB to be set up in the Eastern Region of India?

Answer

Q15. Which state the Vananchal Gramin Bank belongs to?

Answer

Q16. Which was the first RRB in India to adopt CBS platform?

Answer

Q17. Which of these committees reviewed the financial position of all RRBs in 2010 and recommended fo recapitalization?

Answer

Q18. Which state has the highest number of RRBs in India?

Answer

Q19. Which nationalised bank sponsored the Prathama Bank?

Answer

Q20. Which of these RRB is not sponsored by State bank of India?

Answer

Q21. What is the minimum start up capital fixed for Local Area Capital Banks?

Answer

Q22. Under which act the Local Area banks are registered?

Answer

Q23. What type of a bank is a Local Area Bank?

Answer

Q24. With which bank South Gujarat Local Area Bank Ltd was merged in 2004?

Answer

Q25. Which is the smallest Local Area Bank in India?

Answer

Q26. Which state Coastal Local Area Bank Ltd belongs to?

Answer

Q27. Which state Capital Local Area Bank Ltd belongs to?

Answer

Q28. When was Krishna Bhima Samruddhi Local Area Bank Ltd established?

Answer

Q29. When were the Local Area Banks were set up first in India?

Answer

Q30. How many Local Area banks exist at present?

Answer

Banking Awareness July 2019 Quiz - 11th

Q1. Which of these banks was nationalised in 1969?

Answer

Q2. Which nationalised bank was merged with Punjab National bank in 1993?

Answer

Q3. Who was the Prime Minister of India when Banking Nationalization was done in 1969?

Answer

Q4. When was the State Bank of India nationalised?

Answer

Q5. Which of these banks was not associated with the State Bank of India in 1959?

Answer

Q6. Why were Banks nationalised in India?

Answer

Q7. Which of these banks was nationalised in 1969?

Answer

Q8. How many banks were nationalised in 1980?

Answer

Q9. How many banks were Nationalised in 1969 under the Banking Companies (Acquisition and Transfer of
Undertakings) Ordinance, 1969?

Answer

Q10. In which year the second round of Bank nationalization was done?

Answer

Q11. What was the primary objective of Sukhmoy Chakravarty Committee formed in 1982?

Answer

Q12. In which year did the Vaghul committee submitted its report?

Answer

Q13. What was the maximum limit of Statutory Liquidity Ratio had Narasimham Committee recommended?

Answer

Q14. When was the Banking Ombudsman scheme first introduced in India?

Answer

Q15. When was the process of introducing computerization in all branches of banks began in 1993?

Answer

Q16. When was ICICI bank founded?

Answer

Q17. What is the full form of FEMA?

Answer

Q18. Which of these is also called as Committee on Capital Account Convertibility?

Answer

Q19. What was the target set by Narasimham-II Committee for the capital adequacy ratio of the banks by the year
2000?

Answer

Q20. Which was the first Indian bank to provide Internet Banking Facility in India?

Answer

Q21. __________ is a form of paper certificate that promises to pay a certain amount to the bearer in the form of fiat money or commodity.

Answer

Q22. Consider the following about the Ombudsman Scheme for Non-Banking Financial Companies, 2018. Which among the following is true
about NBFC-Ombudsman?

Answer

Q23. Unrealized gains/losses are credited/debited to the CGRA. In CGRA, ‘R’ denotes _________.

Answer

Q24. Which among the following is TRUE about Commercial Papers?

Answer

Q25. Special Drawing Rights refer to an international type of monetary reserve currency created by _________.

Answer

Banking Awareness July 2019 Quiz - 10th

Q1. IRDAI has announced that it will adopt RBC regime from the current solvency principle to improve protection for policyholders. What is the full form of RBC?

Answer

Q2. ________ is a savings linked insurance policy with a specific maturity date.

Answer

Q3. DICGC insures all bank deposits up to the limit of Rs. 1,00,000 of each deposit in a bank. “G” in ‘DICGC’ stands for which of the following term?

Answer

Q4. As announced in the Interim Budget 2019, the ceiling of ESI’s (Employees’ State Insurance) eligibility cover has been increased from Rs 15,000 pm to Rs________ pm.

Answer

Q5. According to the ranking published by ‘Standard & Poors’, which Indian reinsurance company has secured 10th position among the top 40 global reinsurers?

Answer

Q6. Which scheme was launched by ‘Employees State Insurance Corporation (ESIC)’ for insured persons covered under the ‘Employees’ State Insurance Act’?

Answer

Q7. “National Insurance Academy” is located in which city of India?

Answer

Q8. A form of insurance that pays damages equal to the replacement value of damaged property minus depreciation is known by which of the following term?

Answer

Q9. What do you understand by term ‘Riders’ used in Insurance sector?

Answer

Q10. When you buy a life insurance policy, you generally have ____. During this time, you have the option of canceling your policy without penalty.

Answer

Q11. The number of digits in MMID is which among the following?

Answer

Q12. Which of the following is true?

Answer

Q13. It is a tax on the personal income of the individuals, Hindu Undivided Families (HUFs), partnership firms, etc.

Answer

Q14. A/an __________operates until the completion of a transaction process, which is implemented after all the conditions between the buyer and the seller are settled.

Answer

Q15. Stamp duty is collected by the states and it can be classified into how many categories?

Answer

Q16. The maximum transaction limit of United Payment Interface isa) Rs 1 lakh

Answer

Q17. PF tax-exempt on completion of __________years of continuous service to an employer.

Answer

Q18. The financial market for selling long term debts and equity-backed securities is known as which among the following?

Answer

Q19. Which among the following tracks an index but can be traded on the stock exchanges like any other common stock?

Answer

Q20. The Capital to Risk Weighted assets ratio of IFC is which among the following?

Answer

Q21. In context of credit rating, which of the following statements is/ are true?

Answer

Q22. ICICI Securities Ltd has announced the launch of _______services, which instantly credits into a retail investor’s bank account funds accrued from stock sales.

Answer

Q23. Who among the following is present chairman of Trade body Association of Mutual Funds in India?

Answer

Q24. What is the contract cycle for T-Bill Futures?

C. It consists of three serial monthly contracts followed by three quarterly contracts expiring in March, June, September and December.
D. It consists of three serial monthly contracts followed by three quarterly contracts expiring in March, June and September.
Answer:

Q25. ___________is a measure of the return of the bond.

Answer

Q26. With respect to the financial sector of the country, A C Shah committee is associated with ________.

Answer

Q27. Which of the following financial institutions has bought 14% stake in micro-financier Annapurna Finance for ₹ 137 Crore?

Answer

Q28. What is the limit of hospitalization coverage under Rashtriya Swasthya Bima Yojana Scheme?

Answer

Q29. ___________ is not one of the pillars of BASEL Capital accord.

Answer

Q30. As per the BSE & NSE Laws, a broker cannot charge more than ______% brokerage from his clients.

Answer

Banking Awareness July 2019 Quiz - 9th

Q1. Which of the following bank has topped the EASE Reforms index released by Union Minister of Finance & Corporate Affairs?

Answer

Q2. Which of the following organization has approved USD 455 Million loans for the Andhra Pradesh Rural Roads Project recently (March 2019)?

Answer

Q3. What do you understand by the term ‘Venture Capital’?

Answer

Q4. What will be the global economy growth in 2019 forecasted by the Organisation for Economic Co-Operation & Development recently in March?

Answer

Q5. Which of the following has been awarded the best Mini-Ratna PSU in strategic performance (financial category) at the ‘Governance Now’ Sixth PSU awards?

Answer

Q6. Which of the following is NOT true regarding Commercial Paper (CP)?

Answer

Q7. State-owned lender Punjab National Bank (PNB) had sold stake in its housing finance arm, PNB Housing Finance (PNBHF) to General Atlantic Group and Varde Partners for___________.

Answer

Q8. According to the ADB’s latest Asian Development Outlook report, gross domestic product in India will increase by _______ in 2019.

Answer

Q9. How much will be invested by National Investment and Infrastructure Fund (NIIF) and global private infrastructure operator ROADIS in road projects in India?

Answer

Q10. What is PAC?

Answer

Q11. What is the acronym for SEBI?

Answer

Q12. Headquarters of SEBI is located at ________

Answer

Q13. When the SEBI was established?

Answer

Q14. Who is the present chairman of SEBI?

B. Ajay Tyagi
C. Arundhati Bhattacharya
D. Uday Dharmalingam
Answer: B

Q15. Which of the following functions rolled into one body by SEBI?

Answer

Q16. The rolling cycle of T + 2 means ________

Answer

Q17. What is the increase in application limit for retail investors?

Answer

Q18. Which of the following term is incorrect?

Answer

Q19. SCORES stands for ________

Answer

Q20. SEBI has to be responsive to the needs of ________

Answer

Q21. What are the basic functions of the SEBI?

Answer

Q22. What does RMRC stands for?

Answer

Q23. Which among the following complaints not dealt with by SEBI?

Answer

Q24. Which of the following powers does SEBI has been vested for the discharge of its functions efficiently?

Answer

Q25. CFD stands for ______

Answer

Banking Awareness July 2019 Quiz - 8th

Q1. The Vedic word Kusidin refers to which of the following? A banker An usurer A farmer A trader

Answer

Q2. In which year, the rst bank of India “Bank of Hindustan” was established?

Answer

Q3. Which among the following are the correct locations of three presidency banks during British India?

Answer

Q4. Which of the following is the oldest Joint Stock bank of India?

Answer

Q5. At which of the following place, East India Company established its first presidency bank?

Answer

Q6. What was the name of State Bank of India (SBI) before it was created by SBI Act?

Answer

Q7. Which among the following was the first bank to open a branch on foreign soil?

Answer

Q8. Which of the following was first bank managed by Indians?

Answer

Q9. In which year, the Paper Currency Act was enacted by the British Government of India?

Answer

Q10. Which was the rst bank to be wholly owned and run by Indians?

Answer

Q11. The Royal Commission on Indian Currency and Finance was also known as?

Answer

Q12. Original headquarters of RBI were located at ___?

Answer

Q13. On which date, RBI started working?

Answer

Q14. In which year, Nationalization of Reserve Bank of India was done?

Answer

Q15. What was the initial share capital of Reserve Bank of India?

Answer

Q16. Who was the first Governor of Reserve Bank of India?

Answer

Q17. Who was the first Indian Governor of Reserve Bank of India?

Answer

Q18. Who is the longest serving Governor of Reserve Bank of India?

Answer: B

Q19. Which of the following governors of RBI did not any currency note?

Answer

Q20. During which of the following years, Dr. Manmohan Singh served as Governor of RBI?

Answer

Q21. Which of the following name is used to refer to the RBI?

Answer

Q22. For which of these countries the RBI has served as the central bank in the past?

Answer

Q23. Till when the RBI served as the central bank of Pakistan?

Answer

Q24. Who wrote the book The Problem of the Rupee – Its origin and its solution”, which gave the concept of RBI?

Answer

Q25. In which year the Royal Commission on Indian Currency and Finance recommended the creation of a central bank for India?

Answer

Q26. In which year for the rst time a bill was introduced in the Indian Legislative Assembly for the creation of RBI?

Answer

Q27. What was the paidup capital of RBI when it commenced operations as India’s central bank on April 1 1935?

Answer

Q28. When did RBI stop acting as the currency issuing authority of Burma?

Answer

Q29. When was Deposit Insurance and Credit Guarantee Corporation established under RBI?

Answer

Q30 .Where is the headquarter of Bharatiya Reserve Bank Note Mudran Private Limited located?

Answer

Banking Awareness July 2019 Quiz - 7th

Q1. Credit rating agency ‘Fitch’ has reduced the India’s growth forecast for the current scale 2019-20 from 6.8% to ____.

Answer: D

Q2. Which of the following banks is authorized to issue the Electoral Bond?

Answer: C

Q3. In PPC what does the letter ‘C’ stands for in connection with Economics parlance?

Answer: B

Q4. Who has been appointed Managing Director (MD) of the National Housing Bank (NHB)?

Answer: A

Q5. Participatory notes are associated with which one of the following?

Answer: D

Q6. Which of the following best suits with VOSTRO Accounts?

Answer: B

Q7. Which of the following All India Financial Institutions (AIFI) is a wholly-owned subsidiary of the Reserve Bank of India?

Answer

Q8. ‘BSBDA’ stands for

Answer: B

Q9. According to a new study by Swedish telecom equipment maker Ericsson, India has the highest average data usage per smartphone, reaching ____month at the end of 2018.

Answer: A

Q10. In which of the following cities is the headquarter of the Small Industries Development Bank of India (SIDBI) located?

D. Lucknow
Answer: D

Q11. Which of the following is not a feature of hybrid annuity model?

D. Government would pay the money after the completion of the project
Answer: D

Q12. According to the Depositor Education and Awareness Fund (DEAF) Scheme 2014, deposits which were not operated or are unclaimed for which of the following periods had to be transferred annually to the DEAF account?

Answer: B

Q13. The world’s highest weather station has been installed at which area across the Mount Everest?

Answer: D

Q14. NPL is a sum of borrowed money upon which the debtor has not made scheduled payments for a specied period of time. what does NPL stand for?

Answer: D

Q15. Which of the following countries hosted the world’s foremost Artificial Intelligence (AI) Summit?

Answer: C

Q16. What does ‘C’ stands for ‘CAGR’, a business specic term for the geometric progression ratio that provides a constant rate over the specic time period?

Answer: B

Q17. The share of State Government in Regional Rural Banks is ____.

Answer: B

Q18. ATMs which are set up, owned and operated by non-bank entities incorporated under Companies Act 1956, are called ___.

Answer: A

Q19. In terms of Section 20(1) of the Banking Regulation Act, 1949, a bank cannot grant any loans and advances:

Answer: A

Q20. Which of the following ministries has launched the Pradhan Mantri Vaya Vandana Yojana?

Answer: B

Q21. The flow of money in the form of income and expenditure over different sectors are known as ________

B. Real flow

C. Nominal flow

D. Circular flow
Answer: A

Q22. Factor services supplied by households are known as __________

B. Money flow

C. Real flow

D. Nominal flow

E. None of these
Answer: C

Q23. Goods and services supplied by firms are known as ____________

B. Money flow

C. Nominal flow

D. Circular flow
Answer: A

Q24. In which year, the first bank of India “Bank of Hindustan” was established?

Answer: B

Q25. Which among the following are the correct locations of three presidency banks during British India?

B. Surat, Calcutta, Madras

C. Surat, Madras, Bombay

D. Bombay, Calcutta, Surat

Answer: A

Banking Awareness July 2019 Quiz - 6th

Q1. Which of the following banks has launched the ‘Click OD’ for its MSME customers?

Answer

Q2. According to the report from property consultancy Knight Frank, what is the rank of India among the top capital importing countries globally?

Answer

Q3. Credit rating agency ‘Fitch’ has reduced the India’s growth forecast for the current fiscal 2019-20 from 6.8% to ____.

Answer

Q4. As per the Insurance Ombudsman, any policyholders can be a complaint to the Insurance Ombudsman, if the satisfied the reply is not received from the insurers within a period of ____.

Answer

Q5. Which of the following banks has launched the Trade AI Engine, a joint solution developed in partnership with IBM?

Answer

Q6. Who has been appointed Managing Director (MD) of the National Housing Bank (NHB)?

Answer

Q7. According to a new study by Swedish telecom equipment maker Ericsson, India has the highest average data usage per smartphone, reaching ____month at the end of 2018.

Answer

Q8. The world’s highest weather station has been installed at which area across the Mount Everest?

Answer

Q9. Which of the following countries hosted the world’s foremost Artificial Intelligence (AI) Summit?

Answer

Q10. Which of the following cities hosted Nepal Investment Summit 2019?

Answer: D

Q11. What does “L” stand for in PMLA?

Answer

Q12. What does ‘C’ stands for ‘CAGR’, a business specific term for the geometric progression ratio that provides a constant rate over the specic time period?

Answer

Q13. Which of the following will not be included in the Banks total credit?

Answer

Q14. National Stock Exchange (NSE) operates on the ‘NEAT system, a fully automated screen-based trading system. Here what does “NEAT’ stands for?

Answer: C

Q15. What do we call an Underwriting Agreement where an underwriter agrees to buy a definite number of shares or debentures?

Answer

Q16. Agri-Market Infrastructure Fund, which is proposed in the Budget 2018-19, will have a Corpus of ________.

Answer

Q17. The proposed National Health Protection scheme will cover which of the following sectors of Health:

Answer

Q18. The share of State Government in Regional Rural Banks is ____.

Answer

Q19. CAMELS and CALCS rating systems are used by

Answer

Q20. The Special Drawing Right (SDR) is an international reserve asset, created by the IMF in 1969 to supplement its member countries’ official reserves. The value of the SDR is based on a basket of which of the following major currencies?

Answer

Q21. ATMs which are set up, owned and operated by non-bank entities incorporated under Companies Act 1956, are called ___.

Answer

Q22. Which of the following All India Financial Institutions (AIFI) is a wholly-owned subsidiary of the Reserve Bank of India?

Answer

Q23. Which of the following Five Year Plan brought formal discontinuation of the Mahalanobis strategy in the Indian Economy?

Answer

Q24. Which of the following statement/s is/are correct?

Answer

Q25. Which of the following is not a feature of the hybrid annuity model?

Answer

Banking Awareness July 2019 Quiz - 5th

Q1. The 3rd edition of Namaste Thailand festival was held in______.

Answer

Q2. The 462 annual ‘Kandoori festival’ 2019 was held in which state?

Answer: D

Q3. In which state of India Hojagiri dance is performed?

Answer

Q4. What is the capital of Tajikistan?

Answer

Q5. Which of the following is the currency of Mauritius?

Answer

Q6. National Girl Child Day observed every year on ____.

Answer

Q7. On which date, the National Voters’ Day (NVD) is celebrated in India?

Answer

Q8. World Wetland Day observes on which date?

Answer

Q9. Name the lake which is oligotrophic in nature and its water is alkaline?

Answer

Q10. On which river bank Charminar is situated?

Answer

Q11. Which among the following is the largest temple of Bhubaneswar?

Answer

Q12. Which of the following river has Bisalpur Dam built upon it?

Answer

Q13. Talcher super thermal station is located in which of the following states?

Answer

Q14. In which of the following states is the Kadapa airport is located?

Answer

Q15. In which of the following states is the Gobind Sagar Dam located?

Answer: C

Q16. On the banks of which of the following rivers is Surat situated?

Answer: C

Q17. Where is the headquarter of the Indian Council of Agricultural Research (ICAR)?

Answer

Q18. ‘Valley of Flowers National Park’ is located in which state?

Answer

Q19. Indravati National Park is located in which state?

Answer

Q20. In which of the following states is the Bhitarkanika National Park located?

Answer

Q21. Baglihar Hydro Electric Power Project is located in which of the following Indian states?

Answer

Q22. The highest dam in India is ____.

Answer

Q23. Mahanadi river originates in which among the following states of India?

Answer

Q24. Which among the following city is not the route of Yamuna River?

Answer

Q25. Manas Wildlife Sanctuary is located in which state of India?

Answer

Banking Awareness July 2019 Quiz - 4th

Q1. Which of the following Insurance Companies was launched with NABARD as one of its promoter’s with 30% stake in it?

Answer: A

Q2. The central office of the Life Insurance Corporation of India (LIC) is located at –

Answer

Q3. In Insurance policies we always nd a date which is “Date of Maturity”. What does it mean?

Answer

Q4. What is the loan limit for Educational loans that can be classified under priority sector lending?

Answer

Q5. The process of renewing an insurance policy after it gets terminated is called ____.

Answer

Q6. What is the Tagline of United India Insurance (UIIC)?

Answer

Q7. In which year the R. N. Malhotra Committee was formed to propose the recommendations for the introduction of reforms
and implementation of reforms in the Indian insurance sector?

Answer

Q8. The ratio, which describes the percentage of the amount that would be charged as administrative, management, advertising,
and all other expense by dividing these by average value of asset

Answer

Q9. Under the automatic route, what’s the limit up to which FDI is allowed?

Answer

Q10. Insurance, as a subject is dealt in which of the following subject of the Indian constitution?

Answer

Q11. ________is adened amount of time after the premium is due in which a policyholder can make a premium payment without
coverage lapsing.

Answer

Q12. What percent of share is held by the government in National Insurance Company Ltd.?

Answer

Q13. Which of the following is an Insurance Policy that protects professional and business owner when found to be faulty for a
specific event?

Answer

Q14. A type of insurance policy which includes more than one kind of insurance coverage is known as _____.

Answer: C

Q15. Where is the headquarters of National Insurance Company (NIC)?

Answer

Q16. When the insured person/organization hides certain important information from the insurer then it is called ____.

Answer

Q17. Which of the following acts made it mandatory that the premium rate tables of insurance companies should be certified by
an actuary?

Answer

Q18. EFTPOS (electronic funds transfer at point of sale) is based on___.

Answer

Q19. What is the minimum amount required to open a Fixed Deposit (FD)?

Answer: C

Q20. What does the term ‘capitalization of reserves’, widely used in the dance world, refer to?

Answer

Q21. Which of the following is not a capital market instrument?

Answer

Q22. Kisan Credit Card Scheme was introduced in which year?

Answer

Q23. Notice Money is a money lender for a period of how many days?

Answer

Q24. Which of the following committees is associated with the microfinance institutions (MFIs)?

Answer

Q25. What does the letter F denote in ‘NBFCs’, a term seen very frequently in banking?

Answer

Banking Awareness July 2019 Quiz - 3rd

Q1. Bank branches are established under ____________ of Banking Regulations Act, 1949.

Answer

Q2. Mixed Banking is the system in which banks undertake activities of _______ and investment banking together.

Answer

Q3. A fiscal deficit occurs

Answer

Q4. The difference between the outflow and inflow of foreign currency is known as

Answer

Q5. Type(s) of account that can be opened under NRO are –

Answer

Q6. Which of the following is the Regulator of the credit rating agencies in India?

Answer

Q7. What is D in BSBDA?

Answer

Q8. What is the minimum number of free of charge withdrawals through ATMs in BSBDA?

Answer

Q9. National Housing Bank (NHB), a wholly owned subsidiary of Reserve Bank of India (RBI), was set up under the______________.

Answer

Q10. What is the full form of ICICI bank?

Answer

Q11. DICGC is a subsidiary of Reserve bank of India for the purpose of providing insurance of deposits and guaranteeing of credit facilities. What is the abbreviation of I in DICGC?

Answer

Q12. ANBC is the net bank credit plus investments made by banks in non-SLR bonds held in the held-to-maturity category equivalent amount of off-balance-sheet exposure, whichever is higher. What is the abbreviation of ANBC?

Answer

Q13. SHG is a village-based financial internediary committee usually composed of 10–200 local women or men.What is the abbreviation of SHG?

Answer

Q14. The _________ scheme is a credit scheme introduced which was prepared by the NABARD on the recommendations of R.V.GUPTA committee to provide term loans and agricultural needs.

Answer

Q15. The ______ Scheme is an expeditious and inexpensive forum for bank customers for resolution of complaints relating to certain services rendered by banks.

Answer

Q16. FEMA an act initiated to facilitate external trade and payments and to promote orderly management of the forex market in the country. What is the abbreviation of E in FEMA?

Answer

Q17. FERA is an act promulgated, to regulate payments and foreign exchange in India.What is the abbreviation of FERA?

Answer

Q18. RTGS is an electronic form of funds transfer where the transmission takes place on a real-time basis and transfer of funds with RTGS is done for high-value transactions, the minimum amount being _____

Answer

Q19. National Electronic Funds Transfer (NEFT) is an Indian system of electronic transfer of money from one bank or bank branch to another. The maximum transaction limit of NEFT per transaction is _______.

Answer

Q20. IFSC code is a unique eleven-digit number which is a combination of alphabets and numerals,which is used to transfer funds online for NEFT, IMPS and RTGS transactions.What is the acronym for IFSC?

Answer

Q21. MICR is a product of highly advanced Character Recognition Technology (CRT) used by banks to verify cheques for clearance. What is the acronym of C in MICR?

Answer

Q22. A SWIFT code is an international bank code that identifies particular banks worldwide. It’s also known as a _________

Answer

Q23. A _______ is a negotiable instrument similar to a bill of exchange that can be issued to a client, directing another bank or one of its own branches to pay a certain sum to the specified party.

Answer

Q24. Which of the following comes under plastic money?

Answer

Q25. NPCI aims to allow all Indian citizens to have unrestricted access to e-payment services.What is the acronym for C in NPCI?

Answer

Q26. _______ is a cheque clearing system undertaken by the Reserve Bank of India RBI for faster clearing of cheques.

Answer

Q27. Which of the following account holds all the shares that you purchase in electronic or dematerialized form.?

Answer

Q28. A BSBDA can be opened with simplified KYC document and also with nil balance.

Answer

Q29. Who has been appointed as managing director of the country’s largest lender State Bank of India?

Answer

Q30. OLTAS is used to maintain the records of banks paid through banks through online upload of challan details. What is the acronym for OLTAS?

Answer

Banking Awareness July 2019 Quiz - 2nd

Q1. All of the following were subsidiaries of the State Bank of India, except:

Answer

Q2. The Securities and Exchange Board of India has been set up to:

Answer

Q3. Which among the following is the oldest Development Financial Institution of India?

Answer

Q4. Consider the following statements:

1. The National Housing Bank, the apex institution in housing finance in India, was set up as a wholly owned subsidiary of the Reserve Bank of India
2. The Small Industries Development Bank of India was established as a wholly owned subsidiary of the Industrial Development Bank of India
Which of the statements given above is/are correct?

Answer

Q5. Regional rural banks:

1. have limited area of operation
2. have free access to liberal refinance facilities from NABARD
3. are required to lend only to weaker sections

Answer

Q6. The arguments to support opening up of the Insurance sector in India were:

Answer

Q7. Debenture holders of a company are its:

Answer

Q8. Which of the following statements regarding Regional Rural Banks (RRB) in India is/are correct?

Answer

Q9. Consequent ‘upon the recommendations of the Working Group on Rural Banks, 5 Rural Regional Banks were initially set up in the year

Answer

Q10. In India, which of the following have the highest share in the disbursement of credit to agriculture and allied activities?

Answer

Q11. Which of the following is NOT a foreign bank working in India?

Answer

Q12. Which of the following institutions is regarded as the “Lender of the Last Resort” by banks in India?

Answer

Q13. Axis Bank was previously known as:

Answer

Q14. The branding line of Bank of Baroda is

Answer

Q15. Which of the following is NOT a type of economic system?

Answer

Q16. The flow of money in the form of income and expenditure over different sectors are known as

Answer

Q17. Factor services supplied by households are known as

Answer

Q18. Goods and services supplied by firms are known as

Answer

Q19. Factor payment by firms are known as which of the following?

Answer

Q20. Expenditure by households are known as which of the following?

Answer

Q21. Factor income of household sector is equal to

Answer

Q22. Saving is the function of

Answer

Q23. What do you understand by Trade deficit?

Answer

Q24. What do you understand by Net factor income from abroad?

Answer

Q25. “ Rest of the world” is the major element in which model?

Answer

Q26. Census in India is being held regularly after every ………..

Answer

Q27. People belonging to what age group are eligible for training under TRYSEM scheme?

Answer

Q28. According to the census in 2001, which city in India has the largest population?

Answer

Q29. In terms of geographical area India occupies what position in the world?

Answer

Q30. India does not share its boundary with which of the following countries?

Answer

Banking Awareness July 2019 Quiz - 1st

Q1. Which Organisation has begun a series of Development Dialogues to engage experts, thought leaders and government stakeholders across key avenues of long-term social and economic development recently?

Answer

Q2. Which organisation has unveiled 200 billion US Dollars in climate action investment for 2021 to 2025, adding that this amounts to a doubling of its current five-year funding?

Answer

Q3. The Reserve Bank of India has approved the merger of SBM (Mauritius), India with SBM Bank (India). SBM Bank is the ___________ foreign bank to set up a wholly owned subsidiary (WOS), to provide universal banking service with a focus on wholesale banking, trade finance, capital market and retail banking.

Answer

Q4. Moody’s Investors Service’s annual Banking System Outlook on India estimated the country’s real gross domestic product (GDP) for the current financial year (2018-19) and next fiscal (2019-20) to grow at _______________ and __________________ respectively.

Answer

Q5. The Defence Acquisition Council (DAC) accorded approval for the acquisition of defence equipment worth nearly Rs _______________ crore which includes BrahMos Missiles, and Armoured Recovery Vehicles (ARVs) for Battle Tank Arjun.

Answer

Q6. Who has been appointed as Managing Director and Chief Executive Officer of Bank of Maharashtra?

Answer

Q7. Which company has announced that its board has approved the merger with GlaxoSmithKline Consumer Healthcare (GSKCH India) through an-all equity deal, valuing the total business of the latter at Rs31,700 crore?

Answer

Q8. Who has been appointed as new Finance Secretary?

Answer

Q9. The Centre and Asian Development Bank (ADB) have signed an 85 million dollar loan to improve skill development eco-system in which of the following state?

Answer

Q10. The European Central Bank has launched a new system aimed at letting banks settle payments instantly across Europe. What is the name of that system?

Answer

Q11. The web platform PAiSA has been designed and developed by which of the following banks?

Answer

Q12. ________ has appointed former IRDAI chief T.S. Vijayan as an additional director (Independent) for five years.

Answer

Q13. The Economic Development Board (EDB), the investment promotion arm of the Kingdom of Bahrain signed an MoU with the ______ Government to provide a framework for Co-operation between the two authorities to promote FinTech in their respective markets.

Answer

Q14. India and ____________ have signed an agreement on Currency Swap in a Joint Commission Meeting for Economic and Technical Cooperation.

Answer

Q15. State Bank of India has roped in Asian Games gold medalist _______ as brand ambassador for its digital app YONO.

Answer

Q16. Fitch Ratings revised downwards India’s GDP growth forecast to _______________ for current fiscal.

Answer

Q17. Which of the following organization has launched an industry-first feature that will help loan applicants choose their most-suited lender on its platform?

Answer

Q18. Leading Investment Bank _________ announced that its MD & CEO Dharmesh Mehta has stepped down.

Answer

Q19. At the India Water Impact Summit 2018, the government has sanctioned 254 projects worth over ________________ rupees under National Mission for Clean Ganga.

Answer

Q20. Which of the following Bank has extended a credit facility of USD 500 million to Tanzania for water supply projects in the country?

Answer

Q21. Which company will acquire seven IBM products by mid-2019 for $1.8 billion (over Rs 12,700 crore) in its biggest-ever acquisition so far?

Answer

Q22. The ‘Agriculture Export Policy, 2018’ seeks to double farm exports to $60 billion by 2022 from $30 billion currently and will invest ____________ crore to set up specialised clusters in different states for different products to push exports.

Answer

Q23. The Union Cabinet has approved the launching of National Mission on Interdisciplinary Cyber-Physical Systems to be implemented by the Department of Science and Technology at a total cost of ___________________ crore for a period of five years.

Answer

Q24. The government has appointed __________________________ as the new Chief Economic Advisor.

Answer

Q25. The Department of Industrial Policy and Promotion (DIPP) in the Ministry of Commerce and Industry and the Government of Goa, hosted the annual Startup India Venture Capital Summit in Goa. What is the theme of this summit?

Answer

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Banking Awareness July 2019 Quiz

Introduction

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