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Banking Awareness October 2019 Quiz

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Banking Awareness October 2019 Quiz

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The article Banking Awareness Quiz includes Banking Awareness October 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.

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Q1. CIDR is a government agency in India that stores and manages data for the country's Aadhaar project. What does ‘I’ stands for in ‘CIDR”?
    A. Identification B. Identities C. Indian D. Immediate Answer: B

Q2. Which among the following is one of the products or services of NPCI?
    A. INDPAY B. VISA C. VSAT D. NACH Answer: D

Q3. VPA is an identifier that can be uniquely mapped to an individual account. What is the full form of “VPA”?
    A. Virtual Provider Account B. Value Payment Amount C. Virtual Point Address D. Virtual Payment Address Answer: D

Q4. Which of the following small Finance banks has been awarded the prestigious Celent Model Bank 2019 Award in the category of Financial Inclusion, for 'Redesigning Lending to Reach Small Businesses'?
    A. Fincare Small Finance Bank B. Janalakshmi Small Finance Bank C. Capital Lab Small Finance Bank. D. Disha Small Finance Bank. Answer: A

Q5. Maximum Loan amount under MUDRA Bank’s Shishu Scheme is?
    A. Rs. 25000 B. Rs. 50000 C. Rs. 75000 D. Rs. 100000 Answer: B

Q6. The term Revenue Neutral Rate refers to ________
    A. The rate at which RBI fixes the Bank rate during the neutral monetary policy B. The rate at which the small traders will pay GST C. The tax that allows the government to receive the same money despite a change in tax rates D. The rate at which the revenue grows despite a non-expansionary policy of RBI Answer: C

Q7. Which engineering institution has developed an Android app ‘Roshni’ to help the Visually Impaired to recognize currency notes?
    A. Indian Institute of Technology (IIT) Patna B. Indian Institute of Technology (IIT) Guwahati C. Indian Institute of Technology (IIT) Kharagpur D. Indian Institute of Technology (IIT) Ropar Answer: D

Q8. Which of the following banks has launched ‘NRI-Insta-Online’ paperless account facility?
    A. HDFC Bank B. Indian Overseas Bank C. Union Bank of India D. IDBI Bank Answer: D

Q9. ATMs set up, owned and operated by non-banks are called White Label ATMs. Non-bank ATM operators are authorized under _____ by Reserve Bank of India
    A. Payment & Settlement Systems Act, 2007 B. Banking Regulation Act, 1949 C. Negotiable instruments act 1881 D. Companies Act 2013 Answer: A

Q10. Which of the following is an unsecured money market instrument issued in the form of a promissory note?
    A. Appropriation bill B. Bill of Exchange C. Certificate of Deposit D. Commercial Paper Answer: D

Q11. What is the primary objective of the Sovereign Gold Bond Scheme?
    A. To rope in customers looking to buy gold as an investment B. To issue Government securities in gold Form C. To regulate the share market D. To regulate the trading of gold Answer: A

Q12. Which of the following banks has launched doorstep banking service for senior citizens (over 70 years age) and differently-abled customers?
    A. Union Bank of India B. Bank of Baroda C. Indian Overseas Bank D. State Bank of India Answer: D

Q13. Lasith Malinga is a famous player associated with the game of –
    A. Hockey B. Badminton C. Lawn Tennis D. Cricket Answer: D

Q14. In reference to ‘Gratuity’, which one of the following statements best explains this term?
    A. The amount is given by the employer to his employee for the services rendered at the time of retirement B. The amount is given by the Government to public servants as a transfer payment C. The amount is given by the Government to corporate employees as a retirement benefit D. Pension is given by the employer to his employees for the services rendered Answer: A

Q15. What is the current repo rate, according to rst Bi-monthly Monetary Policy statement for 2019-20?
    A. 6.75% B. 6.00% C. 6.25% D. 6.50% Answer: B

Q16. Who has been appointed Managing Director (MD) and CEO of ICICI Securities?
    A. D P Agrawal B. P C Hota C. Vijay Chandok D. Rajni Razdan Answer: C

Q17. Foreign exchange Reserves in India are kept in the custody of ___.
    A. Govt. of India B. Finance Ministry C. Reserve Bank of India D. Overseas Ministry Answer: C

Q18. Which of the following banks had received no objection from the Reserve Bank of India (RBI) for the proposed acquisition of Gruh Finance?
    A. Bank of Baroda B. Bank of India C. Corporation Bank D. Bandhan Bank Answer: D

Q19. What kind of charge does the bank have over the primary security when a vehicle is financed by the bank?
    A. Hypothecation B. Lien C. Mortgage D. Pledge Answer: A

Q20. With a vision to empower Micro Small and Medium Enterprises (MSMEs) and small businesses, PAISALO Digital Limited signed the first co-origination loan agreement with which of the following banks?
    A. SBI B. HDFC C. ICICI D. PNB Answer: A

Q21. What does ‘A’ stand for in ‘NACH’?
    A. Application B. Arbitrage C. Automated D. Adjustment Answer: C

Q22. In which year, the first bank of India “Bank of Hindustan” was established?
    A. 1870 B. 1770 C. 1795 D. 1880 Answer: B

Q23. Which of the following is a form of "Small Savings Bank" popular among the poor or children ?
    A. Core Banking B. Credit Banking C. Debit Card D. Piggy Banking Answer: D

Q24. Which of the following statements gives the most correct definition of “Lender of Last Resort”?
    A. If a person or firm which is eligible to get a loan, does not get it from any commercial bank, may approach to Reserve Bank of India for the loan. B. If the state governments are in crisis and need money for a short term, they can approach RBI for this purpose C. If a commercial bank is in crisis, it may place its reasonable demand for accommodation to Reserve Bank of India D Whenever the government declares a debt relief, the RBI will have to bear the brunt of it Answer: C

Q25. Which of the following is NOT a National Bank?
    A. Union Bank of India B. Central Bank of India C. Yes Bank D. Syndicate Bank Answer: C

Q26. Many times, we read about ‘core banking solutions’ in the newspaper. It is described as?
    A It is an effort to increase RBI’s control over commercial banks through computerization. B. It is a detailed procedure by which a bank with huge NPA (non-performing assets) is taken over by another bank. C. It is a networking of a bank’s branches which enables customers to operate their account from any branch of the bank on its network regardless of where they open their accounts D Provide easy loans to MSME Answer: C

Q27. The mobile banking app “LIME” was introduced by which of the following banks?
    A. SBI B. ICICI C. HDFC D. AXIS Answer: D

Q28. What is the minimum amount required to open a Fixed Deposit (FD)?
    A. Rs. 100 B. Rs. 500 C. Rs. 1000 D. Rs. 5000 Answer: C

Q29. In RNBC, what does R stand for?
    A. Repository B. Residuary C. Receipt D. Revaluation Answer: B

Q30. What is “Zero Coupon Bonds”?
    A. It is the term to denote Bonds issued by Govt. of India. B. The bond which is purchased with Zero cash. C. It is s an unsecured, short-term debt instrument issued by a corporation, typically for the financing of accounts receivable, inventories and meeting short-term liabilities. D. It is a type of bond that is issued at a deep discount to its face value but pays no interest. Answer: D
Q1. The temporary tax imposed to achieve a specic objective is called
    A. Rate B. Fee C. Surcharge D. Cess Answer: D

Q2. What does 'C' stands for in 'CAGR', a business-specic term for the geometric progression ratio that provides a constant rate over the specic time period?
    A. Control B. Compound C. Credit D. Call Answer: B

Q3. What does the letter 'N' stands for in 'NSFR' guidelines issued by RBI?
    A. National B. Nominal C. Non D. Net Answer: D

Q4. Budget 2019 has proposed to start a program, that will focus on bringing foreign students to study in our higher educational institutions. The name of the program is _____.
    A. Study in India B. Let’s Study C. Education in India D. Learning in India Answer: A

Q5. According to the Budget 2019-20, a person is required to pay taxes only when their annual taxable income exceeds __
    A. 2 .5 lakh B. 3 lakh C. 4 lakh D. 5 lakh Answer: D

Q6. When a listed company proposes to issue fresh securities to its existing shareholders as on a record date is known as
    A. Initial Public Offering B. Follow-on Public Offerings (FPOs). C. Rights Issue D. Debenture Answer: C

Q7. Which one among the following options correctly best explains the meaning of ‘Insolvency’?
    A. The legal status of the firm or individual who is unable to meet its debt obligations B. A bank not able to recover its due from borrowers C. An economy not able to recover from a recession D. The inability of an entity to pay its bills as and when they become due Answer: D

Q8. Under Insolvency and Bankruptcy Code (IBC), 2016, who will act as regulator?
    A. Reserve Bank of India B. Insolvency and Bankruptcy Board of India (IBBI) C. National Company Law Tribunal (NCLT) D. SEBI Answer: B

Q9. Which of the following is not correct regarding the Fixed Income Money Market and Derivatives Association (FIMMDA)?
    A. is an association of banks, public financial institutions, primary dealers and insurance companies. B. It is considered as a voluntary market body for the bond, Money and Derivatives markets. C. FIMMDA is for the valuation of portfolios of government securities D. It was established in 1998 as a voluntary market body for bond, money and derivatives market Answer: C

Q10. The Vijaya Bank Heritage Museum has been inaugurated in which of the following cities?
    A. New Delhi B. Mumbai C. Bengaluru D. Hyderabad Answer: C

Q11. Which of the following banks has announced to launch a new Fixed Deposit (FD) scheme ‘FD Health’ that will offer the dual benet of a fixed deposit along with free critical illness coverage with a sum assured of Rs 1 lakh?
    A. HDFC Bank B. Yes Bank C. Axis Bank D. ICICI Bank Answer: D

Q12. The International Monetary Fund (IMF) in its World Economic Outlook reduced the GDP growth rate of India for the financial year 2019-20 to ________ from 7.3% as announced on July 2019.
    A. 6.5% B. 6.3% C. 6.1% D. 6.0% Answer: C

Q13. With which of the following organizations the Government of India (GoI) has signed the Tranche 2 loan agreement worth $190 million to upgrade 754 kilometers of Rajasthan state highways and major district roads (MDRs)?
    A. World Bank B. Asian Infrastructure Investment Bank C. International Monetary Fund D. Asian Development Bank Answer: D

Q14. What is India’s rank in the Brand Finance Nation Brands 2019 released by Brand Finance?
    A. 6th B. 7th C. 8th D. 9th Answer: B

Q15. Name the Prepaid Payment Instrument (PPI) issuer on which the Reserve Bank of India (RBI) has imposed a monetary penalty of Rs 12.88 lakh for non-compliance with regulatory guidelines?
    A. Smart Payment Solutions Pvt. Ltd. B. Citrus Payment Solutions Pvt Ltd. C. Vodafone M-Pesa Limited D. Balancehero India Private Limited Answer: D

Q16. Which of the following banks signed a Memorandum of Understanding (MoU) with the National Investment and Infrastructure Fund (NIIF) to provide a boost to infrastructure financing?
    A. Punjab National Bank B. Bank of India C. State Bank of India D. Bank of Baroda Answer: C

Q17. Who among the following has been appointed as the Chief Executive Officer (CEO) and Managing Director (MD) of the public sector bank, Indian Overseas Bank (IOB)?
    A. RA Sankara Narayanan B. Padmaja Chunduru C. Karnam Sekar D. T.C.A. Ranganathan Answer: C

Q18. Which of the public sector banks along with State Bank of India has limited the cash withdrawals of customers using micro-ATMs of other banks to 4 times in a month?
    A. Bank of India B. Bank of Baroda C. Indian Bank D. Punjab National Bank Answer: B

Q19. The Indian Financial System Code (IFS Code) is an alphanumeric code that uniquely identies a bank-branch participating in the two main Electronic Funds Settlement Systems in India. IFSC code consists of how many alphanumeric codes?
    A. 5 B. 6 C. 9 D. 11 Answer: D

Q20. There are different types of bank account a person can open in a bank, on which type of bank account a person will get the highest interest rate?
    A. Fixed Deposit bank account B. Saving bank account C. Recurring Deposit bank account D. Current account Answer: A

Q21. US-based Major credit rating agency Moody's Investors Service estimated that the Indian economy will grow at ________ in the financial year 2020
    A. 6.2% B. 6.0% C. 5.8% D. 5.5% Answer: C

Q22. Which of the following Mutual Fund has been renamed as ‘Nippon India Mutual Fund’?
    A. Religare Mutual Fund: B. Bharti AXA Mutual Fund C. Reliance Mutual Fund D. HSBC Mutual Fund Answer: C

Q23. The Reserve Bank of India (RBI) has given its final approval to the Kerala Government for the formation of the _
    A. Venado Bank Ltd B. Catholic Bank C. Kerala Bank D. Kottayam Orient Bank Answer: C

Q24. Which of the following banks has launched the “Debit Card EMI facility” for its existing customers for a period ranging from 6 months to 18 months?
    A. State Bank of India B. Bank of Baroda C. Punjab National Bank D. Uco Bank Answer: A

Q25. Where is the headquarter of the Institute for Development and Research in Banking Technology (IDRBT) located ?
    A. New Delhi B. Mumbai C. Bengaluru D. Hyderabad Answer: D

Q26. On October 7, 20-19, U GRO Capital, a technology-enabled lender to small businesses has signed its first co-origination of loan agreement with which of the following public sector banks?
    A. Punjab National Bank B. Bank of Baroda C. Bank of India D. Canara Bank Answer: B

Q27. Which of the following banks has signed an MoU with the Indian Army under which the bank will offer customized services, along with a host of facilities to account holders.?
    A. State Bank of India B. Punjab National Bank C. Bank of Baroda D. Indian Bank Answer: C

Q28. The Reserve Bank of India in its 4th bi-monthly monetary policy review reduced the real GDP growth for 2019-20 from 6.9% to ____
    A. 6.7% B. 6.4% C. 6.5% D. 6.1% Answer: D

Q29. Which of the following banks has announced the launch of ‘Express FD’, a digital fixed deposit (FD) product that allows the customer to open an FD account in three minutes through the digital mode without opening a savings account with the bank?
    A. ICICI Bank B. HDFC Bank C. Axis Bank D. Yes Bank Answer: C

Q30. PNB MetLife India Insurance Co. Ltd. has signed an agreement with which of the following insurance companies to offer a product that would cover health, death, and illness?
    A. HDFC ERGO General Insurance Company B. Religare Health Insurance C. Apollo Munich Health Insurance Company Limited D. Bajaj Allianz General Insurance Co Ltd. Answer: B
Q1. Manganiyars community of folk musicians are belong to which of the following Indian state?
    A. Madhya Pradesh B. Gujarat C. Rajasthan D. Chhattisgarh Answer: C

Q2. Sagar Festival is being celebrated in which of the following State of India?
    A. Gujarat B. Odisha C. Maharashtra D. West Bengal Answer: C

Q3. The traditional Bonderam festival celebrated in which state______.
    A. Bihar B. Jharkhand C. Goa D. Assam Answer: C

Q4. The historical annual ‘Manimahesh Yatra’ is celebrated in which of the following state?
    A. Punjab B. Bihar C. Himachal Pradesh D. Arunachal Pradesh Answer: C

Q5. ‘Ugadi’ is celebrated as the new year in which of the followings states?
    A. Bihar B. Orissa C. Andhra Pradesh D. Kerala Answer: C

Q6. The extinct bird Elektorornis chengguan had which of the following features?
    A. Extra-long toe B. Tapered beak C. Very long tail D. Bulged eyes Answer: A

Q7. The first Brahmo Samaj was founded in 1861 at Lahore by
    A. Debendranath Tagore B. Dwarkanath Tagore C. Pandit Nobin Chandra Roy D. Dayananda Saraswati Answer: C

Q8. For the GST council, who among the following serves as its Chairperson?
    A. Union Minister of State B. Union Finance Minister C. Income Tax Officer D. Governor of State Answer: B

Q9. Mount Kinabalu is the highest mountain of which of the following countries ?
    A. Malaysia B. China C. India D. Vietnam Answer: A

Q10. The Chagos Islands is located in ____.
    A. Atlantic Ocean B. Arctic Ocean C. Indian Ocean D. Pacific Ocean Answer: C

Q11. The island of Socotra is a part of which of the following countries?
    A. Yemen B. Nigeria C. Oman D. Saudi Arab Answer: A

Q12. ‘Paper Boat’ company is famous for which product?
    A. Bio-Chemicals B. Cereals C. Automobile D. Beverages Answer: D

Q13. Who has created ‘Jarvis’ an articial intelligence system?
    A. Sunder Pichai B. Mark Zuckerberg C. Bill Gates D. Larry Page Answer: B

Q14. Which among the following is the World’s largest Wetland System?
    A. Okavango (Botswana) B. Everglades (USA) C. Pantanal (South America) D. Camargue (France) Answer: C

Q15. In 1972, Amar Jawan Jyoti was inaugurated by which leader?
    A. Lal Bahadur Shastri B. Gulzarilal Nanda C. Morarji Desai D. Indira Gandhi Answer: D

Q16. Champaner-Pavagadh Archaeological Park is a UNESCO World Heritage Site located in which state?
    A. Kerala B. Rajasthan C. Gujarat D. West Bengal Answer: C

Q17. Which among the following lakes is known as the "lake district of India"?
    A. Dal lake B. Pushkar lake C. Bhimtal lake D. Lonar Lake Answer: C

Q18. Namdapha national park is situated in______.
    A. Meghalaya B. Manipur C. Sikkim D. Arunachal Pradesh Answer: D

Q19. Mahe, the smallest district is in which of the following states?
    A. Goa B. Kerala C. Karnataka D. Puducherry Answer: D

Q20. The International Day for the Eradication of Poverty is observed every year on which date?
    A. 14th October B. 15th October C. 16th October D. 17th October Answer: D

Q21. Many times we see in newspapers that some projects are launched by the government authorities on a 'PPP' basis. What is the full form of PPP ?
    A. Preferential Payment Plan B. Public-Private Partnership C. Partial Payment Project D. Popular Private Project Answer: B

Q22. The government of India recently decided to allow Currency Futures in India. In addition to the Ministry of Finance which is/are the other organization (s) Whose permission/approval is needed for such operations in India ?
    1. International Monetary Fund (IMF) 2. Reserve Bank of India (RBI) 3. Securities and Exchange Board of India ( SEBI) A. Only 1 B. Only 2 C. Only 3 D. Only 2 and 3 Answer: D

Q23. The Reserve Bank of India has decided to help banks, as a temporary measure, by providing additional liquidity support under LAF. What is the full form of LAF ?
    A. Loan Adjustment Fund B. Liquidity Adjustment Facility C. Long-Awaited Funds D. Loan Against Funds Answer: B

Q24. Which of the following is/are different categories of Inflation ?
    1. Open and suppressed 2. Cost-push 3. Demand-pull A. Only 1 B. Both 1 and 2 C. Both 2 and 3 D. All of these Answer: C

Q25. The process of the total valuation of the Financial capital assets of a country is technically known as :
    A. Market Capitalization B. Gross Domestic Product C. The net wealth of the country D. Gross Domestic Resources Answer: A

Q26. Very often we read about Special Economic Zones (SEZs) in newspapers. what was the purpose of promoting SEZs in India?
    1. They are established to promote exports. 2. They are established to attract investment from foreign countries 3. They are established to help poorest of the poor in India as the activities of these zones are reserved only for poor and those living below the poverty line A. Only 1 B. Only 2 C. Only 3 D. Both A and B only Answer: D

Q27. Which of the following is the full form of the term SLR as used in the banking sector?
    A. Social Lending Ratio B. Statutory Liquidity Ratio C. Scheduled Liquidity Rate D. None of these Answer: B

Q28. When the common people of a nation start getting a very high salary or wages, the consumption of goods like eatables and white goods, also start increasing. This situation brings which of the following types of inflation in the economy ?
    1. Cost-push inflation 2. Demand-pull inflation 3. Low inflation A. Only 1 & 3 B. Only 2 C. Only 3 D. All of these Answer: B

Q29. Which of the following decisions taken by the RBI will promote the concept of financial inclusion in the country ?
    A. To appoint some additional entities as business correspondents B. To collect reasonable service charges from the customer in a transparent manner for providing the services C. To ask the banks to open at least 50 new accounts daily in non serviced areas D. Only A & B' Answer: D

Q30. The bank rate means
    A. Rate of interest charged by commercial banks from borrowers B. Rate of interest at which commercial banks discounted bills of their borrowers C. Rate of interest allowed by commercial banks on their deposits D. Rate at which RBI purchases or rediscounts bills of exchange of commercial banks Answer: D
Q1. On October 21, 2019, Defence Minister Mr Rajnath Singh inaugurated Col. Chewang Rinchen Setu in Ladakh. It is built on which river?
    A. Brahmaputra B. Shyok C. Indus D. Zanskar Answer: B

Q2. Who is the Union Minister of State for Culture and tourism?
    A. Kiren Rijiju B. Narendra Singh Tomar C. Pralhad Joshi D. Prahlad Singh Patel Answer: D

Q3. What is India’s Rank in the World Giving Index (WGI) 2019, surveyed by the Charities Aid Foundation (CAF)?
    A. 92nd B. 90th C. 85th D. 82nd Answer: D

Q4. Name the state which conducted annual Ganges river dolphin census 2019 with the World Wide Fund for Nature (WWF)?
    A. Uttarakhand B. Uttar Pradesh C. Bihar D. West Bengal Answer: B

Q5. What is the title of the advertising campaign launched by the United Nations World Food Programme (WFP) to raise awareness and take steps against hunger and malnutrition in India?
    A. Feed Our Future B. Feed for Future C. Food for Hunger D. Food for Future Answer: A

Q6. Who among the following has been appointed as the CEO of the Unique Identification Authority of India (UIDAI)?
    A. Tuhin Kanta Pandey B. Pankaj Kumar C. Sanjeev Nandan Sahai D. Pramod Kumar Das Answer: B

Q7. Who among the following has been appointed as the Director-General of the National Security Guard (NSG)?
    A. Santosh Kumar Upadhyay B. Anup Kumar Singh C. Ghanshyam Upadhyay D. Amitendra Nath Sinha Answer: B

Q8. The book titled 'Bridgital Nation: Solving Technology’s People Problem' is written by who among the following?
    A. N Chandrasekaran B. Ratan Tata C. Roopa Purushothaman D. Both A and C Answer: D

Q9. Who is/are the author (s) of the book 'Good Economics for Hard Times – Better Answers to our Biggest Problems'?
    A Raghuram Rajan B Jagdish Bhagwati C Manmohan Singh D Abhijit Banerjee and Esther Duflo Answer: D

Q10. Name the person who was conferred with the Most Eminent Senior Citizen Award by the Vice-President of India M Venkaiah Naidu?
    A. K. Parasaran B. Ishwar Chandra Chintamani C. Chhaju Ram Sharma D. Eli Ahmed Answer: A

Q11. Name the Hollywood actress who has been chosen for People's Icon Award at the 2019 People's Choice Awards?
    A. Jennifer Aniston B. Emma Stone C. Jennifer Lawrence D. Jennifer Lopez Answer: A

Q12. Union government has constituted a 3-member committee to oversee the bifurcation of Jammu and Kashmir (J& K) into two union territories and look into the distribution of assets and liabilities of J& K between two successor Union territories that will come into existence on October 31. Who will be the chairman of the committee?
    A. Arun Goyal B. Ajay Kumar Bhalla C. Rajiv Kumar D. Sanjay Mitra Answer: D

Q13. Which of the following Latin American countries has been elected to the 47-member UN Human Rights Council (UNHRC) for three-year terms starting in January 2020 along with Brazil?
    A. Venezuela B. Argentina C. Chili D. Uruguay Answer: A

Q14. Which country has signed an agreement to lease the entire Tulagi island in the Solomon Islands?
    A. Japan B. Philippines C. Taiwan D. China Answer: D

Q15. Who among the following has been elected as the Prime Minister of Canada?
    A. Andrew Scheer B. ‘Jagmeet Singh C. Justin Trudeau D. Elizabeth May Answer: C

Q16. Ekushey Padak winner renowned personality Kalidas Karmakar passed away on October 2019. He was a veteran
    A. Musician B. Journalist C. Folk Dancer D. Painter Answer: D

Q17. Eminent Saxophone master Padamashri Kadri Gopalnath. He belonged to which of the following states?
    A. Uttar Pradesh B. Bihar C. Odisha D. Karnataka Answer: D

Q18. In October 2019, two days long Sudarshan Chakra Vahini war exercise 2019 of Indian Army was held in which place?
    A. Pokhran, Rajasthan B. Jaisalmer, Rajasthan C. Pune, Maharashtra D. Nasirabad, Rajasthan Answer: B

Q19. A joint military exercise Dharma-Guardian 2019 will be conducted between India and Japan from 19 October to 2 November in which of the following state?
    A. Rajasthan B. Uttarakhand C. Mizoram D. Manipur Answer: C

Q20. On October 23, 2019, the Department of Public Enterprises, under the Ministry of Heavy Industry and Public Enterprises, granted ‘Maharatna‘ status to which two companies?
    A. Bharat Electronics Limited and Hindustan Aeronautics Limited B. Mahanagar Telephone Nigam Limited and Oil India Limited C. Shipping Corporation of India and Engineers India Limited D. Power Grid Corporation Of India Limited and Hindustan Petroleum Corporation Limited Answer: D

Q21. In September 2019, in which of the states a three-day-long traditional 'Neermahal Jal Utsav' was celebrated with eyecatching boat race and swimming competitions?
    A. Kerala B. West Bangladesh C. Jammu and Kashmir D. Tripura Answer: D

Q22. The annual Hindu Festival ‘Bonalu’ is celebrated in which the state of India?
    A. Tamil Nadu B. Bihar C. Telangana D. West Bengal Answer: C

Q23. Which among the following festivals is celebrated in Arunachal Pradesh?
    A. Boori Boot Yolo B. Chapchar Kut festival C. Hundred Drums Wangala Festival D. Medaram Sammakka Sarakka Answer: A

Q24. The Folk dance ‘Fugdi’ is related to which state?
    A. Manipur B. Mizoram C. Goa D. Kerala Answer: C

Q25. Which among the following is the Capital of Ireland?
    A. Canberra B. Vienna C. Dublin D. Baghdad Answer: C

Q26. The International Day of Peace is being observed all around the world every year on 21st September. What was the theme of the International Day of Peace 2019?
    A. Climate Action for Peace B. Beat the war C. Peace for Climate Action D. Stop terrorism Answer: A

Q27. Which of the following river passes through the city of Vadodara?
    A. Tapi B. Aji C. Luni D. Vishwamitri Answer: D

Q28. In which of the following states is the Ban Sagar dam located?
    A. Maharashtra B. Madhya Pradesh C. Rajasthan D. Odisha Answer: B

Q29. Tilaiya dam is located in which state?
    A. Chhattisgarh B. West Bengal C. Assam D. Jharkhand Answer: D

Q30. Which among the following is not the tributary of Brahmaputra River?
    A. Shakkar River B. Manas River C. Dibang River D. Teesta River Answer: A
Q1. Which of the following countries will host the G20 summit in 2020?
    A. Japan B Saudi Arabia C. Canada D. India Answer: B

Q2. Who is the rst Deputy Prime Minister of India?
    A. G L Nanda B. Devi Lal C. Charan Singh D. Sardar Vallabhbhai Patel Answer: D

Q3. The headquarter of Organisation for Economic Cooperation and Development (OECD) is in _____.
    A. London, UK B. Vienna, Austria C. Paris, France D. Beijing, China Answer: C

Q4. David Malpass, a top U.S. Treasury official in Trump administration has been unanimously selected as the new President of the which premier international economic organization?
    A. International Monetary Fund B. WTO C. World Bank D. BRICS Bank Answer: C

Q5. Indian player Amit Panghal is related to which sports?
    A. Cricket B. Shooting C. Tennis D. Boxing Answer: D

Q6. Who is the newly appointed Union Minister of Ministry of Human Resource Development?
    A. Ramesh Pokhriyal B. Raj Nath Singh C. Prakash Javadekar D. Arjun Munda Answer: A

Q7. Shiva Thapa is associated with which of the following sports?
    A. Table Tennis B. Boxer C. Racing D. Chess Answer: B

Q8. Comptroller and Auditor General of India is appointed by the______.
    A. Prime Minister B. President C. Finance Minister D. Lok Sabha Answer: B

Q9. Jaspal Rana is the name associated with which of the following games?
    A. Shooting B. Archery C. Weight Lifting D. Boxing Answer: A

Q10. Which of the following states tourism department has organized a month-long City Walk Festival in its 11 cities?
    A. Gujarat B. Rajasthan C. Madhya Pradesh D. Karnataka Answer: C

Q11. The 5th edition Indian International Science Festival (IISF) will be organized in which place from 5 to 8 November 2019?
    A. Bengaluru B. Hyderabad C. Bhopal D. KolkataAnswer: D

Q12. 5th International Ramayan Festival was organized in which of the following cities?
    A. Dehradun B. Shimla C. New Delhi D. Kolkata Answer: C

Q13. ‘Onam’ is a harvest festival celebrated in which of the following states?
    A. Karnataka B. Kerala C. Andhra Pradesh D. TelanganaAnswer: B

Q14. Which of the following is called ‘the pink city of India’?
    A. Kolkata B. Lucknow C. Jaipur D. Hyderabad Answer: C

Q15. Hurricane Dorian has caused large-scale destruction in The Bahamas and India has announced immediate humanitarian assistance of $1 million to help people in The Bahamas affected by the storm. What is the capital of The Bahamas?
    A. Havana B. Nassau C. Kingston D. Paramaribo Answer: B

Q16. What is the currency of Kyrgyzstan?
    A. Rial B. Dinar C. Cedi D. Som Answer: D

Q17. Unied Payments Interface (UPI) has built on the __________________ platforms.
    A. Initial Payment Service B. Immediate Paid Scheme C. Income Payment Service D. Immediate Payment Service Answer: D

Q18. Sunder Pichai, as the CEO, is successfully running an organisation named as
    A. Facebook B. Microsoft C. Google D. Paytm Answer: C

Q19. What is the theme of World Mental Health Day (WMD), 2019?
    A. Living with Schizophrenia B. Mental health and older adults C. Young people and mental health in a changing world D. Mental Health Promotion and Suicide Prevention Answer: D

Q20. The International Day of Sign Languages (IDSL) is celebrated annually all across the world on which date?
    A. 21st September B. 22nd September C. 23rd September D. 24th September Answer: C

Q21. Union Minister of State (Independent Charge) for Tourism & Culture Prahlad Singh Patel has inaugurated ‘2019 Shirui Lily Festival’. It is celebrated in which state?
    A. Nagaland B. Tripura C. Mizoram D. Manipur Answer: D

Q22. Which of the following states tourism department has organized a month-long City Walk Festival in its 11 cities?
    A. Gujarat B. Rajasthan C. Madhya Pradesh D. Karnataka Answer: C

Q23. Gandhi Film Festival is being organized by Films Division in association with India Tourism in which place from 2nd to 6th October 2019?
    A. Mumbai B. New Delhi C. Chandigarh D. Bengaluru Answer: A

Q24. According to the World Gold Council (WGC) Report India now move into the list of top ten countries in terms of total gold reserves. Headquarter of World Gold Council is situated in ________.
    A. Paris, France B. Geneva, Switzerland C. London, UK D. Johannesburg, South Africa Answer: C

Q25. What is the capital of Telangana?
    A. Hyderabad B. Dispur C. Banglore D. Bhubaneshwar Answer: A

Q26. What is the capital of United Arab Emirates?
    A. Fujairah B. Dubai C. Abu Dhabi D. Ajman Answer: C

Q27. ‘Lek’ is the currency of which of the following countries?
    A. Albania B. Algeria C. Bolivia D. Belize Answer: A

Q28. What is the theme of World Mental Health Day (WMD), 2019?
    A. Living with Schizophrenia B. Mental health and older adults C. Young people and mental health in a changing world D. The Great Push: Investing in Mental Health Answer: D

Q29. Every year on which date the World Rabies Day is celebrated?
    A. 25th September B. 26th September C. 27th September D. 28th September Answer: D

Q30. The World Maritime Day 2019 was observed on which date?
    A. 24th September B. 25th September C. 26th September D. 27th September Answer: C
Q1. SARFAESI Act is an Indian law. It allows banks and other nancial institutions to auction residential or commercial properties to recover loans. In SARFAESI, E stands for
    A. Economic B. Enforcement C. Entitlement D. Emerging Answer: B

Q2. 'BCSBI' is an autonomous body for promoting adherence to self-imposed codes by banks for committed customer service. What does BCSBI stand for?
    A. Banking Codes of State Bank of India B. Banking Codes and Standards Board of India C. Board Council for State Bank of India D. Banking Codes Schemes for Banks of India Answer: B

Q3. 'FPO' s an issuing of shares to investors by a public company that is already listed on an exchange. Here ‘FPO’ stands for
    A. First public offering B. Few public offering C. Follow on personal offering D. Follow on Public offer Answer: D

Q4. In economics, 'NEER' is an indicator of a country's international competitiveness in terms of the foreign exchange (forex) market. What does 'NEER' stand for?
    A. National effective exchange rate B. Net effective exchange rate C. Nominal effective exchange rate D. Nominal exchange earner rate Answer: C

Q5. Name the payment technology company which tied up with Indian Cricketer M.S. Dhoni to launch a nationwide initiative ‘Team Cashless India‘ to accelerate the acceptance and adoption of digital payments in India?
    A. VISA B. Mastercard C. Rupay D. Paypal Answer: B

Q6. Which of the following banks has announced to launch a new Fixed Deposit (FD) scheme ‘FD Health’ that will offer the dual benet of a fixed deposit along with with free critical illness coverage with a sum assured of Rs 1 lakh?
    A. HDFC Bank B. Yes Bank C. Axis Bank D. ICICI Bank Answer: D

Q7. What is India’s rank in the Brand Finance Nation Brands 2019 released by Brand Finance?
    A. 6th B. 7th C. 8th D. 9th Answer: B

Q8. The Reserve Bank of India (RBI) has given its final approval to the Kerala Government for the formation of the _______.
    A. Venado Bank Ltd B. Catholic Bank C. Kerala Bank D. Kottayam Orient Bank Answer: C

Q9. Which of the following banks has launched the “Debit Card EMI facility” for its existing customers for a period ranging from 6 months to 18 months?
    A. State Bank of India B. Bank of Baroda C. Punjab National Bank D. Uco Bank Answer: A

Q10. As per the data released by Reserve Bank of India (RBI) on India’s balance of payments (BoP) for the rst quarter 2019-20 how much percentage of the Gross Domestic Product (GDP) of India is contributed by Current Account Decit (CAD)?
    A. 2.0% B. 2.5% C. 3.0% D. 3.5% Answer: A

Q11. The Asian Development Bank has slashed its growth forecast for India for scal year 2019-20 to ________ from 7%.
    A. 6.7% B. 6. 5% C. 6.3% D. 6.1% Answer: B

Q12. Which of the following banks has announced the launch of ‘Express FD’, a digital fixed deposit (FD) product that allows the customer to open an FD account in three minutes through the digital mode without opening a savings account with the bank?
    A. ICICI Bank B. HDFC Bank C. Axis Bank D. Yes Bank Answer: C

Q13. Ministry of Labour and Employment recently noted what rate of interest on Provident Fund deposits?
    A. 8.55% B. 8.6% C. 8.45% D. 8.65% Answer: D

Q14. Which of the following Public Sector Bank has recently set up a centralized hub 'Centralized MSME and Retail Group'?
    A. Punjab National Bank B. State Bank of India C. HDFC Bank D. Punjab and Sind Bank Answer: D

Q15. According to GOI Indian Start-ups with whose turnover exceeds to rs. ( ) have to pay income tax even if they are eligible for tax holiday?
    A. 30 cr. B. 100 cr. C. 50 cr. D. 25 cr. Answer: D

Q16. RBI has relaxed the leverage ratio for banks. The new leverage ratio for DSIB’s banks is?
    A. 3.5% B. 4% C. 2.8% D. 4.5% Answer: B

Q17. As per the recent announcement made by nance ministry for the consolidation of public sector banks syndicate bank will be merged with which of the following banks?
    A. Indian Bank B. Allahabad Bank C. Canara Bank D. Union Bank of India Answer: C

Q18. Recently in August, 2019 union cabinet has approved 100 per cent FDI under automatic route in _________ and associated infrastructure
    A. coal mining B. uranium mining C. gold mining D. iron mining Answer: A

Q19. As per the Union Budget 2019-20, FDI knows has registered the growth rate of ___ over the previous year.
    A. 2% B. 4% C. 6% D. 8% Answer: C

Q20. According to the Budget 2019-20, every veried SHG women member having a Jan Dhan Bank Account will be allowed an overdraft of _____ .
    A. Rs. 2000 B. Rs. 5000 C. Rs. 10,000 D. Rs. 15,000 Answer: B

Q21.Receivables Exchange of India Ltd (RXIL) was established as a joint venture between?
    A. SIDBI B. NSE C. SIDBI & NSE D. BSE Answer: C

Q22. What is the name of the initiative of Reserve Bank of India (RBI) board that has finalized Three Year Roadmap to improve supervision and regulation, among other functions of the central bank?
    A. Utkarsh 2020 B. Utkarsh 2024 C. Utkarsh 2028 D. Utkarsh 2022 Answer: D

Q23. Government of India is training officers of Government of Nepal on ‘Anti Money Laundering (AML) and Countering Financing of Terrorism (CFT)’ in which city?
    A. Bengaluru B. Pune C. Maharashtra D. Delhi Answer: A

Q24. -----& Pine labs joined hands to provide monthly EMI for debit card customers?
    A. HDFC B. ICICI C. SBI D. RBI Answer: C

Q25. Which state has registered highest number of crimes against women, as per Crime in India Report 2017?
    A. Uttar Pradesh B. Tamilnadu C. Bihar D. Maharashtra Answer: A

Q26. On which date, the 2019 edition of World Iodine Deficiency Day (WIDD) is observed?
    A. 24th October B. 22nd October C. 23rd October D. 21st October Answer: D

Q27. Which state has become the first Indian state to provide maternity benefits in the private educational sector?
    A. Kerala B. Karnataka C. MP D. UP Answer: A

Q28. RBI provides temporary loan facility to the Central & State Government as banker to government. This loan facility is called----?
    A. WMA B. MUDRA C. TARUN LOAN D. WMC Answer: A

Q29. The term ---- originally refers to increases in the amount of money in circulation?
    A. Progressive inflation B. Inflation C. Deflation D. Inflation and deflation both Answer: B

Q30.----- bank has kept 11 non-performing assets (NPA) accounts for sale to recover more than Rs 1,234 crore?
    A. PNB B. SBI C. IDBI D. HDFC Answer: A
Q1. Union Minister of State (Independent Charge) for Tourism & Culture Prahlad Singh Patel has inaugurated ‘2019 Shirui Lily Festival’. It is celebrated in which state?
    A. Nagaland B. Tripura C. Mizoram D. Manipur Answer: D

Q2. The 5th edition Indian International Science Festival (IISF) will be organized in which place from 5 to 8 November 2019?
    A. Bengaluru B. Hyderabad C. Bhopal D. Kolkata Answer: D

Q3. Which among the following festivals is celebrated in Arunachal Pradesh?
    A. Boori Boot Yolo B. Chapchar Kut festival C. Hundred Drums Wangala Festival D. Medaram Sammakka Sarakka Answer: A

Q4. President Ram Nath Kovind visited South Central European country of Slovenia after concluding his visit to Iceland and Switzerland. What is the capital of Slovenia?
    A. Ljubljana B. Bratislava C. Budapest D. Podgorica Answer: A

Q5. What is the capital of West African nation Benin?
    A. Porto-Novo B. Abuja C. Accra D. Dakar Answer: A

Q6. The World Postal Day is observed on______.
    A. October 8th B. October 9th C. October 10th D. October 12th Answer: B

Q7. The International Day for the Eradication of Poverty is observed every year on which date?
    A. 14th October B. 15th October C. 16th October D. 17th October Answer: D

Q8. 'Vijay Ghat' is a memorial dedicated to ___.
    A. Lal Bahadur Shastri B. Rajiv Gandhi C. Choudhary Charan Singh D. PT. Jawaharlal Nehru Answer: A

Q9. In which city Mahakaleshwar Jyotirlinga temple is located?
    A. Delhi B. Ahmadabad C. Allahabad D. Ujjain Answer: D

Q10. Which among the following forts in Delhi is known as Bada Darwaza?
    A. Siri fort B. Red fort C. Tughlaqabadfort D. Purana Qila Answer: D

Q11. On which river bank Charminar is situated?
    A. Musi B. Kosi C. Kaveri D. Krishana Answer: A

Q12. Which temple is called as "Black Pagoda" in European sailor accounts in 1676?
    A. Jagannath Temple B. Konark Sun Temple C. Brihadeeswara Temple D. Somnath Temple Answer: B

Q13. According to the UNESCO, which caves are masterpieces of Buddhist religious art that influenced Indian art?
    A. Elephanta Island Caves B. Badami Caves C. Ajanta caves D. Dungeshwari Cave Answer: C

Q14. Which monument was a symbol of the "power and majesty" of the British Empire?
    A. Gateway of India B. India gate C. Taj mahal D. Qutub minar Answer: A

Q15. Bibi Ka Maqbara is a tomb located in which state?
    A. Bihar B. New Delhi C. Maharashtra D. Jharkhand Answer:

Q16. According to LinkedIn which company has been ranked the number one company to work for in India in 2019?
    A. Amazon B. Flipkart C. Paytm D. LIC Answer: C

Q17. Apart from India, in which of the following two countries, Tamil is an official language?
    A. Mauritius and Malaysia B. Sri Lanka and Singapore C. Malaysia and Indonesia D. Sri Lanka and Mauritius Answer: B

Q18. What is the full form of NTPC?
    A. Natural Thermal Power Corporation B. Natural Thunder Power Corporation C. National Team Power Corporation D. National Thermal Power Corporation Answer: B

Q19. Who translated the Holy Qur’an in the Hindi Language?
    A. Nafees Tareen B. Fatima Bano C. Sheikh Aseena D. Shabnam Answer: D

Q20. Who is the leader of Patel Movement?
    A. Hardik Patel B. Harit Patel C. Harikishan Patel D. Hriday Patel Answer: A

Q21. Which of the following can act as a Issuing and Paying Agent (IPA) of a Commercial Paper (CP)?
    A. Scheduled banks B. RBI C. Finance Secretary D. Only 3 Answer: A

Q22. Which of the following institutions was established for granting Housing Loans?
    A. NABARD B. IDBI C. HDFC D. SBI Answer: C

Q23. Which of the following is not the part of the Scheduled Banking structure in India?
    A. Money Lenders B. Public Sector Banks C. Private Sector Banks D. Regional rural banks Answer: A

Q24. Which of the following reflects the operational position of the firm during a particular period?
    A. Balance Sheet B. Bank statement C. Income statement D. Loan statement Answer: C

Q25. ____________ acts as an intermediary between Government and money market.
    A. RBI B. SEBI C. Commercial banks D. All of the above Answer: A

Q26. Banking Ombudsman in India is appointed by _____________.
    A. RBI B. SEBI C. GoI D. SBI Answer: A

Q27. Credit rating agencies are regulated by –
    A. RBI B. CRISIL C. IRDA D. SEBI Answer: D

Q28. Foreign trade policy is announced by_________ -
    A. Ministry of Finance B. Ministry of External Affairs C. Income Tax Department D. Ministry of Commerce & Industry Answer: D

Q29. Which bank was not nationalized in 1969?
    A. Allahabad Bank B. Bank of Baroda C. State Bank of India D. Bank of Maharashtra Answer: C

Q30. Where is SAARC Secretariat situated?
    A. Colombo B. Thimpu C. Kathmandu D. Islamabad Answer: C
Q1. Which of the following has becomes the rst Indian bank to have a branch in the Australian state of Victoria?
    A. Punjab National Bank B. Indian Bank C. Canara Bank D. State Bank of India Answer: D

Q2. With which of the following organizations the Government of India (GoI) has signed the Tranche 2 loan agreement worth $190 million to upgrade 754 kilometers of Rajasthan state highways and major district roads (MDRs)?
    A. World Bank B. Asian Infrastructure Investment Bank C. International Monetary Fund D. Asian Development Bank Answer: D

Q3. The World Bank in its latest report “South Asia Economic Focus, Fall 2019 : Making (De)centralization Work”, has lowered India’s growth forecast to ______ for FY 2019-20.
    A. 5. 50% B. 5.75% C. 6.00% D. 6.25% Answer: C

Q4. On October 11, 2019, which of the following public sector banks has signed a memorandum of understanding (MoU) with Government e-Marketplace (GeM) to provide cashless, paperless and transparent payment system to small traders?
    A. Union Bank of India B. State Bank of India C. Bank of Baroda D. Indian Bank Answer: A

Q5. Who among the following has been appointed as the Chief Executive Officer (CEO) and Managing Director (MD) of the public sector bank, Indian Overseas Bank (IOB)?
    A. RA Sankara Narayanan B. Padmaja Chunduru C. Karnam Sekar D. T.C.A. Ranganathan Answer: C

Q6. Which of the following banks has announced the launch of ‘Express FD’, a digital fixed deposit (FD) product that allows the customer to open an FD account in three minutes through the digital mode without opening a savings account with the bank?
    A. ICICI Bank B. HDFC Bank C. Axis Bank D. Yes Bank Answer: C

Q7. PNB MetLife India Insurance Co. Ltd. has signed an agreement with which of the following insurance companies to offer a product that would cover health, death, and illness?
    A. HDFC ERGO General Insurance Company B. Religare Health Insurance C. Apollo Munich Health Insurance Company Limited D. Bajaj Allianz General Insurance Co Ltd. Answer: B

Q8. Which of the following banks has launched the digital banking app YONO in the UK?
    A. Bank of Baroda B. Punjab National Bank C. State Bank of India D. Indian Bank Answer: C

Q9. The Asian Development Bank (ADB) lowered growth projection for India’s GDP by 50 basis points. Now, what is the expected growth rate as per the ADB during the current scal 2019-20?
    A. 7.5% B. 7.2% C. 7.0% D. 6.5% Answer: D

Q10. ‘Max Bupa Health Insurance Company Limited’ has signed a bancassurance agreement with which of the following banks?
    A. United Bank of India B. Union Bank of India C. Indian Bank D. Canara Bank Answer: C

Q11. Nirmala Sitharaman announced that all scheduled banks would hold gatherings in _______ districts for loan disbursement process
    A. 300 B. 200 C. 400 D. 500 Answer: C

Q12. Reserve Bank of India (RBI) had constituted Harsh Vardhan Committee which has submitted its report on September 2019. The committee is related with________.
    A. Development of Housing Finance Securitization Market B. Development of a Secondary Market for Corporate loans C. Excludes non-cash transactions from ATMs from Monthly free transactions D. The revision of the current series of Wholesale Price Index Answer: B

Q13. On the recommendation of which of the following committees the RBI has made it mandatory for banks to link retail and MSME loans to the external benchmark interest rate?
    A. Harsh Vardhan committee B. T.N. Manoharan committee C. Ramesh Chand committee D. V G Kannan committee Answer: B

Q14. Which of the following public sector bank has launched a digital platform for farmers to provide solutions for all major agricultural requirements?
    A. Punjab National Bank B. Union Bank of India C. United Bank of India D. Bank of Baroda Answer: D

Q15. In its new draft guidelines, Reserve Bank of India has revised the promotors shareholding in Small Finance Banks (SFBs) and the promoter’s stake should be lowered to 15 percent in how many years?
    A. 5 years B. 8 years C. 10 years D. 15 years Answer: D

Q16. Recently (September 2019) Economic Intelligence Unit (EIU) has released the world’s Safe City Index (SCI). Which city finds a top spot on the list?
    A. Singapore B. Osaka C. Melbourne D. Tokyo Answer: D

Q17. Recently RBI has released a notification according to which the timeline for the conversion of minimum detailed PPI to KYC complaint has been increased from 18 months to how many months?
    A. 20 months B. 24 months C. 19 months D. 23 months Answer: B

Q18. The Reserve Bank of India (RBI) has made it mandatory for banks to link all new coating-rate loans for housing, auto and MSMEs (Micro and Small Enterprises) to the external benchmark rates. At present, interest rates on loans are linked to a bank’s _______.
    A. Base Rate B. Benchmark Prime Lending Rate C. Repo Rate D. Marginal Cost of Lending Rate Answer: D

Q19. In a bid to make digital payments more attractive for the corporate sector, the government has proposed no charge or merchant discount rate (MDR) for companies with more than Rs 50 crore turnover accepting payments through digital means. The MDR will instead be borne by supporting banks and the Reserve Bank of India. Which of the following best describes the term "Merchant Discount Rate”?
    A. The incentive is given by a bank to a merchant for accepting payments through debit cards pertaining to that bank. B. The amount paid back by banks to their customers when they use debit cards for financial transactions for purchasing goods or services. C. The charge to a merchant by a bank for accepting payments from his customers through the bank's debit or credit cards. D. The incentive is given by the Government, to merchants for promoting digital payments by their customers through Point of Sale (PoS) machines and debit cards. Answer: C

Q20. As per the Union Budget 2019-20, FDI knows has registered the growth rate of ___ over the previous year.
    A. 2% B. 4% C. 6% D. 8% Answer: C

Q21. On October 12, 2019, The Asian Development Bank (ADB) and the Government of India (GoI) have signed the Tranche 2 loan agreement worth ______ to upgrade 754 kilometers of Rajasthan state highways and major district roads (MDRs) to two-lane or intermediate-lane standards.
    A. $190 million B. $200 million C. $220 million D. $250 million Answer: A

Q22. The Asian Development Bank has slashed its growth forecast for India for scal year 2019-20 to ________ from 7%.
    A. 6.7% B. 6. 5% C. 6.3% D. 6.1% Answer: B

Q23. Which of the following banks has announced the launch of ‘Express FD’, a digital xed deposit (FD) product that allows the customer to open an FD account in three minutes through the digital mode without opening a savings account with the bank?
    A. ICICI Bank B. HDFC Bank C. Axis Bank D. Yes Bank Answer: C

Q24. Which of the following payment banks and HDFC ERGO General Insurance Company under the corporate agency tie-up launched an innovative Mosquito Diseases Protection Policy (MDPP)?
    A. India Post Payments Bank B. Airtel Payments Bank C. Jio Payments Bank D. Paytm Payments Bank Answer: B

Q25. ‘Max Bupa Health Insurance Company Limited’ has signed a bancassurance agreement with which of the following banks?
    A. United Bank of India B. Union Bank of India C. Indian Bank D. Canara Bank Answer: C

Q26. Nirmala Sitharaman announced that all scheduled banks would hold gatherings in _______ districts for loan disbursement process.
    A. 300 B. 200 C. 400 D. 500 Answer: C

Q27. Which of the following banks has launched the “Debit Card EMI facility” for its existing customers for a period ranging from 6 months to 18 months?
    A. State Bank of India B. Bank of Baroda C. Punjab National Bank D. Uco Bank Answer: A

Q28. Who is the brand ambassador of payment technology major Mastercard which has launched campaign- ‘Team Cashless India’ to bring more merchants and customers on board with an aim to boost digital payments in India?
    A. Sachin Tendulkar B. Virat Kohli C. Mahendra Singh Dhoni D. Rohit Sharma Answer: C

Q29. Which of the following banks has announced to launch a new Fixed Deposit (FD) scheme ‘FD Health’ that will offer the dual benet of a fixed deposit along with with free critical illness coverage with a sum assured of Rs 1 lakh?
    A. HDFC Bank B. Yes Bank C. Axis Bank D. ICICI Bank Answer: D

Q30. The International Monetary Fund (IMF) in its World Economic Outlook reduced the GDP growth rate of India for the financial year 2019-20 to ________ from 7.3% as announced on July 2019.
    A. 6.5% B. 6.3% C. 6.1% D. 6.0% Answer: C
Q1. Banking Ombudsman Scheme is applicable to the business of_______.
    A. All scheduled commercial banks excluding RRBs B. All scheduled commercial banks including RRBs C. Only Public Sector Banks D. Only Private Sector Banks Answer: B

Q2. Which of the following functions are not being performed by the Reserve Bank of India?
    A. Regulation of Banks in India B. Union Budget C. Foreign Currency Management in India D. Currency Management in India Answer: B

Q3. A bank is called as Scheduled Bank, when_________.
    A. Its business has crossed Rs. 1000 crore mark B. Its branch network is over 100 C. It is included in the Second Schedule of the RBI Act D. When it complies with all the three above Answer: C

Q4. National Bank for Agriculture and Rural Development is an apex development financial institution in India. It is an institution fully owned by-?
    A. Micro Finance Institutions B. SEBI C. Reserve Bank of India D. Government of India Answer: D

Q5. What is the upper limit prescribed for RTGS transaction?
    A. Rs. 5 lacs B. Rs. 1 lacs C. Rs. 25 lacs D. Rs. 50 lacs Answer: D

Q6. Distribution of insurance products and insurance policies by banks as corporate agents is known as as_________.
    A. General Insurance B. Non-life Insurance C. Bancassurance D. Insurance Banking Answer: C

Q7. Which of the following committees/Task Forces was set up to suggest reforms in the Banking Sector?
    A. Swaminathan Committee B. Narasimham Committee C. Rajinder Sachar Committee D. Task Force on Infrastructure Answer: B

Q8. FINO stands for__________.
    A. Financial Investment Network and Operations B. Farmers Investment in National Organization C. Farmers Inclusion News and Operations D. Financial Inclusion Network and Operations Answer: D

Q9. When the rate of inflation increases_________.
    A. Value of money increases B. Increase in demand for goods relative to supply C. Purchase power of money increases D. Purchasing power of money remains unaffected Answer: B

Q10. Which of the following is the main advantage of ASBA, with the applicants for share allotment?
    A. ASBA applicant has got certain preference in allotment of shares as compared to general applicants B. ASBA applicants need not remit the fund for allotment of shares, he/she will do after shares are an allotment to him/her C. ASBA applicant has got secured allotment of shares D. ASBA applicants deposit/OD account is not debited, only the funds are blocked for the same and he/she continues to avail interest till the shares are allotted to him/her Answer: D

Q11. Interest on saving bank account is now calculated by banks on________.
    A. Minimum balance during the month B. Minimum balance from 7th to last day of the month C. Minimum balance from 10th to last day of the month D. Daily basis Answer: D

Q12. A centralized database with online connectivity to branches, the internet as well as ATM-network which has been adopted by almost all major banks of our country is known as __________.
    A. Investment banking B. Core banking C. Mobile banking D. National banking Answer: B

Q13. Which of the following is not considered a money market instrument?
    A. Treasury bills B. Repurchase Agreement C. Commercial Paper D. Shares and bonds Answer: D

Q14. Which of the following is not a part of the scheduled banking structure in India?
    A. State Co-operative Banks B. Public Sector Banks C. Private Sector Banks D. Money Lenders Answer: D

Q15. Which of the following is known as Plastic money?
    (i) Demand Draft (ii) Credit Card (iii) Debit Card A. Only (i) B. Only (ii) C. Only (iii) D. Both (ii) and (iii) Answer: D

Q16. Which of the following terms is used in the field of finance and banking?
    A. Guage Pressure B. Quantum number C. Adjustment Credit D. Absolute Zero Answer: C

Q17. GST is an Indirect Tax which has replaced many Indirect Taxes in India. The Goods and Service Tax Act was passed in the Parliament on 29th March 2017. The Act came into effect on-
    A. 1st July 2016 B. 1st December 2016 C. 1st January 2017 D. 1st July 2017 Answer: D

Q18. Normally Banks accepts Fixed Deposits for a maximum period of________.
    A. 5 years B. 3 years C. 7 years D. 10 years Answer: D

Q19. What is the full form of IFRS-?
    A. International Financial Reporting Standards B. Indian Financial Rating Standards C. International Financial Rating Standards D. Indian Functional Reporting Standards Answer: A

Q20. KYC guidelines followed by the Banks have been framed on the recommendations of the_________.
    A. Ministry of Home Affairs B. Ministry of Rural Development C. Indian Banks Association D. Reserve Bank of India Answer: D

Q21. Short-term assets, representing amounts due to a vendor or suppliers of goods or services that were sold on credit terms is known as _______.
    A. Account Receivable B. Fixed Asset C. Deposit Asset D. Current Liabilities Answer: A

Q22. What is the rate at which commercial banks charge on their surplus funds with RBI?
    A. SLR B. Reverse Repo Rate C. Repo Rate D. Cash Reverse Ratio Answer: B

Q23. _________ is the rate at which commercial bank needs to maintain in the form of cash, or gold or government approved securities (Bonds) before providing credit to its customers.
    A. Reverse Repo Rate B. Repo Rate C. CRR Rate D. SLR Rate Answer: D

Q24. Who appoints the governor of Reserve Bank of India?
    A. Financial Secretary B. Financial Ministry C. Government of India D. President of India Answer: C

Q25. FII Stands for _______.
    A. Foreign Institutional Investor B. Foreign International Investor C. Forward Institutional Investor D. Formal Institutional Investor Answer: A

Q26. Which among the following is a qualitative tool of monetary policy?
    A. Credit Ceiling B. Credit Rationing C. Cash Reserve Ratio D. Bank Rate Answer: B

Q27. In India, the Chit funds are governed regulated by ________.
    A. Local Bodies B. RBI C. Central Government D. State Government Answer: D

Q28. CAG of India is an authority, established by Article 148 of the Constitution of India. CAG Stands for _______.
    A. Comptroller and Auditor General of India B. Constant and Author General of India C. Constant Auditor General of India D. Central Auditor General of India Answer: A

Q29. What is the full form of CPI?
    A. Cost Price Index B. Current Price Index C. Consumer Price Index D. Cash Price Index Answer: C

Q30. SEBI is a _______.
    A. Non-Advisory body B. Statutory body C. Advisory body D. Constitutional body Answer: B
Q1. Basel Norms are associated with -
    A. Share Market B. Banking C. Insurance D. Medical Answer: B

Q2. How Many Countries are the member of World Bank?
    A. 164 B. 189 C. 193 D. 194 Answer: B

Q3. If there is a lack of money supply in comparison to the supply of goods and services, then the possible consequence would be ______________.
    A. Inflation B. Deflation C. Devaluation D. Hyperinflation Answer: B

Q4. Marginal cost is dependent upon________.
    A. Only fixed cost B. Only variable cost C. Both fixed cost and variable cost D. All the above Answer: B

Q5. The best indicator of economic development of any country is __________.
    A. Its agriculture B. Its transport C. Its gross production D. Its per capita income Answer: D

Q6. The holidays for the banks are declared according to which act?
    A. Reserve Bank Act B. Companies Act C. Banking Regulation Act D. Negotiable Instrument Act Answer: D

Q7. What do you mean by a non-performing asset?
    A. An asset that ceases to generate income B. Money at call and short notice C. Cash balance with other banks D. Cash balance with RBI Answer: A

Q8. What is Minimum Capital Requirement to open Small Finance Banks?
    A. 200 Crore B. 500 Crore C. 300 Crore D. 100 Crore Answer: D

Q9. RBI has imposed banking restrictions on PMC bank in September. What is the full form of PMC?
    A. Punjab and Madhya Pradesh Co-operative Bank B. Pune and Mumbai Co-operative Bank C. Pune and Madhya Pradesh Co-operative Bank D. Punjab and Maharashtra Co-operative Bank Answer: D

Q10. How much additional installment of Dearness Allowance and Dearness Relief has approved by the Union Cabinet?
    A. 6 % B. 7 % C. 5 % D. 4 % Answer: C

Q11. What is the main objective of Minimum Support Price?
    A. Check fall in price beyond a limit. B. Protect the interest of the consumers. C. Make procurement from the wholesalers easy. D. All are true Answer: A

Q12. What is the maximum deposit limit that can be made in a PPF account in any given financial year
    A. Rs.50,000 B. Rs.1.0 lakhs C. Rs.1.5 lakhs D. Rs.2.0 lakhs Answer: C

Q13. Where is the Headquarters of UCO Bank?
    A. Mumbai B. Kolkata C. Chennai D. New Delhi Answer: B

Q14. Which country is not a member of “ASEAN”?
    A. Australia B. Canada C. Indonesia D. 1 and 2 Answer: D

Q15. Which entity has surpassed State Bank of India (SBI) for the first time, in terms of market capitalization?
    A. Bajaj Finance Ltd B. ICICI Bank C. HDFC Bank D. Axis Bank Answer: A

Q16. How many countries are the member of United Nation?
    A. 194 B. 169 C. 193 D. 189 Answer: C

Q17. What does letter 'L' denotes in CAMELS ratings?
    A. Leverage B. Liability C. Liquidity D. Lien Answer: C

Q18. If Reserve Bank of India reduces the Bank Rate, what will be its impact?
    A. Liquidity decrease B. Liquidity increase C. No change in liquidity D. All of these Answer: B

Q19. Wholesale Banking is a banking services between ______________ and other financial institutions.
    A. Foreign banks B. Local banks C. Merchant banks D. Central banks Answer: C

Q20. Which of the following measures the efficiency of the current assets and liabilities in a particular period?
    A. Liquidity Ratio B. Activity Ratio C. Solvency Ratio D. Profitability Ratio Answer: B

Q21. Cheques that are issued by a bank and function as cash but are protected against loss or theft are called-
    A. Traveler’s Cheque B. Negotiable Cheque C. Crossed Cheque D. Special Cheque Answer: A

Q22. Exchange control was introduced in India under the Defence of India Rules on _________.
    A. 11-Sep-1939 B. 21-Sep-1939 C. 30-Sep-1939 D. 13-Sep-1939 Answer: D

Q23. External Affairs Minister S. Jaishankar embarked on his first bilateral visit to ______.
    A. Bangladesh B. Bhutan C. Nepal D. Indonesia Answer: B

Q24. In which city G-20 Finance Ministers and Central Bank Governors 2019 annual spring meeting was held?
    A. Washington, DC., U.S B. Seoul, South Korea C. Brasília, Brazil D. Moscow, Russia Answer: A

Q25. The Global Hunger Index (GHI) is jointly published by Concern Worldwide and Welthungerhilfe. What is the rank of India among 117 countries?
    A. 100th B. 101st C. 102nd D. 103rd Answer: C

Q26. In which year Liberalized Exchange Rate Management System (LERMS) was instituted?
    A. Mar-90 B. Mar-91 C. Mar-92 D. Mar-93 Answer: C

Q27. Micro credit in India comes under _________.
    A. Private Banking B. NBFC C. Rural Banking D. Cooperative Banking Answer: B

Q28. State Bank of India was earlier known as:
    A. Bank of Hindustan B. Imperial Bank of India C. Bank of Calcutta D. Bank of Maharashtra Answer: B

Q29. The concept of mutual funds was found in which country?
    A. China B. Japan C. India D. Brazil Answer: D

Q30. The Industrial Development Bank of India was set up as a wholly-owned subsidiary of ____________.
    A. RBI B. SBI C. SEBI D. TRAI Answer: A
Q1. Expand the term IPR as used in the field of world trade
    A. Industrial Property Rights B. International Property Rights C. Intellectual Property Right D. Individual Property Rights Answer: C

Q2. Which of the following is the folk dance of Odissa?
    A. Changu B. Karagam C. Dumhal D. Lavani Answer: A

Q3. The Reserve bank of India was set up under the recommendation of which of the following commissions?
    A. Phillip Commission B. Simon Commission C. Hunter Commission D. Hilton Young Commission Answer: D

Q4. Shilling is the currency of which country?
    A. Uganda B. India C. Nepal D. Bangladesh Answer: A

Q5. In what denominations Commercial Paper (CP) can be issued?
    A. 2, 00,000 B. 1, 00,000 C. 3, 00,000 D. 5, 00,000 Answer: D

Q6. Which of the following is the official currency of Denmark?
    A. Euro B. Peso C. Real D. Krone Answer: D

Q7. “Royal Albert tennis Hall” is located in which country?
    A. Australia B. U.K. C. China D. Switzerland Answer: B

Q8. In MMID, “I” stands for___________.
    A. Interest B. Infrastructure C. Information D. Identifier Answer: D

Q9. Veeragaase folk dance related to which state?
    A. Tamil Nadu B. Karnataka C. Andra Pradesh D. Gujarat Answer: B

Q10. Santosh Trophy is given in the field of __________.
    A. Golf B. Hockey C. Football D. Tennis Answer: C

Q11. Commercial Paper is a money market security which is issued in the form of –
    A. Bill of Exchange B. Promissory Note C. Draft D. Bond Answer: B

Q12. A Non Banking Financial Institution-
    A. Can accept demand deposit B. Can issue cheques to customers C. Cannot accept fixed deposit D. Cannot accept demand deposit and cannot issue cheques Answer: D

Q13. In India National Income is estimated by-
    A. National Sample Survey Organization B. Indian Statistical Institute C. Central Statistical Organization D. Planning Commission Answer: C

Q14. Expand ETF
    A. Equity Traded Fund B. Equity Transfer Fund C. Exchange Traded Fund D. Equity Transaction Fun Answer: C

Q15. Census in India is being held regularly after every ________.
    A. 5 years B. 7 years C. 9 years D. 10 years Answer: D

Q16. The maximum age limit of the girl child for opening SukanyaSamriddhi Account is _____.
    A. 9 years B. 8 years C. 12 years D. 10 years Answer: D

Q7. The word Letter of Credit has been derived from which 1language?
    A. British B. American C. German D. French Answer: D

Q18. When was Reserve Bank of India nationalised?
    A. 01-Jan-47 B. 01-Jan-48 C. 01-Jan-50 D. 01-Jan-49 Answer: D

Q19. What is the currency of Singapore?
    A. Singapore rupee B. Singapore dollar C. Singapore lev D. Singapore euro Answer: B

Q20. Which of the following defines the Floating Capital correctly?
    A. It refers to the capital which is not invested in fixed assets, such as machinery, but in work in progress, wages paid, etc. B. It is an assignment of the total assets of a company or individual as collateral security. C. It is a type of debenture where the loan by a firm is secured by a charge on its assets. D. It is any short-term debt as opposed to funded debt. Answer: A

Q21. Currency swap is an instrument to manage ________.
    A. Currency risk B. Currency and interest rate risk C. Cash flows in different currencies D. Interest rate risk Answer: C

Q22. Ludhiana city is located in the bank of which river?
    A. Ganga River B. Yamuna River C. Sutlej River D. Ravi River Answer: C

Q23. What is the currency of Luxembourg?
    A. Tenge B. Som C. Kip D. Euro Answer: D

Q24. ‘Relationship beyond banking' is the punch line of _____.
    A. United Bank of India B. Union Bank of India C. Bank of India D. ICICI Bank Answer: C

Q25. Pooram is a festival celebrated in which state?
    A. Arunachal Pradesh B. Andhra Pradesh C. Kerala D. Bihar Answer: C

Q26. What does MDR stands for?
    A. Margin Discount Rate B. Mobile Discount Rate C. Maximum Discount Rate D. Merchant Discount Rate Answer: D

Q27. Disinvestment means-
    A. To reduce the government share in the private sector. B. To reduce government share in the FDI. C. To reduce government share in the Market. D. To reduce the government share in the public sector. Answer: D

Q28. State Bank of Bikaner was merged in State Bank of Jaipur in the year_______________________.
    A. 1959 B. 2008 C. 2010 D. 1963 Answer: D

Q29. Nanda Devi National Park is located in which state?
    A. Uttar Pradesh B. Bihar C. Uttarakhand D. Madhya Pradesh Answer: C

Q30. Name the Associate body of NABARD?
    A. NABCONS B. NABFINS C. BIRD D. SIDBI Answer: B
Q1. Foreign Exchange Regulation Act (FERA) of 1947, was subsequently replaced by Foreign Exchange Regulation Act, __________.
    A. 1978 B. 1950 C. 1984 D. 1973 Answer: D

Q2. Which country is the world’s largest consumer of almonds?
    A. China B. Spain C. United State D. Vietnam Answer: C

Q3. “Pure Banking Nothing Else” is a tagline of which Bank?
    A. ICICI Bank B. UTI Bank C. SBI Bank D. HDFC Bank Answer: C

Q4. Disinvestment means-
    A. To reduce the government share in the private sector. B. To reduce government share in the FDI. C. To reduce government share in the Market. D. To reduce the government share in the public sector. Answer: D

Q5. Economic planning is an important feature of _________.
    A. Mixed Economy B. Socialist Economy C. Dual Economy D. Capitalist Economy Answer: B

Q6. The first attempt to calculate National Income of India was made by ______________ in 1867 -68.
    A. Gopal Krishna Gokhale B. Justice Ranade C. Dadabhai Naroji D. P.C. Mahalanobis Answer: C

Q7. The NOTA option first used in the election of which year?
    A. 2006 B. 2008 C. 2012 D. 2013 Answer: D

Q8. What does MIGS stands for?
    A. Minimum Income Group Scheme B. Middle Income Group Scheme C. Middle Incentive Group Scheme D. Minimum Incentive Group Scheme Answer: B

Q9. What is an Open Market Operation?
    A. It is a release of funds by RBI in Open Market B. It is a standby facility to banks by RBI for infusion of liquidity C. It is buying or selling of government bonds in the open market by Central Bank to inject or suck liquidity from the system D. All of the above Answer: C

Q10. What is the full form of SECC?
    A. Socio Economic Class Survey B. Socio Economic Caste Service C. Social Earning Class Survey D. Socio Economic Caste Census Answer: D

Q11 Which of the following is considered to be a comprehensive and dynamic framework for measuring, monitoring and managing the market risk of the Banks?
    A. Wholesale Price Index B. Market Risk Measurement C. Debtor-Creditor Mismatch D. Asset Liability Management Answer: D

Q12 What is the Capital of Bulgaria?
    A. Sana B. Sofia C. Lusaka D. Harare Answer: B

Q13 In which of the following state Mollem National Park is located?
    A. Maharashtra B. Punjab C. Goa D. Orissa Answer: C

Q14 Trombay Thermal Power Station is located in which state?
    A. Rajasthan B. Madhya Pradesh C. Maharashtra D. Uttar Pradesh Answer: C

Q15 Headquarter of Punjab National Bank is situated in which city?
    A. Kolkata B. Chennai C. Delhi D. Mumbai Answer: C

Q16 Ukai Dam is located on which river?
    A. Kaveri B. Tapi C. Ravi D. Krishna Answer: B

Q17 Aga Khan Award is given in the field of___________
    A. Journalism B. Literature C. Science & Technology D. Architecture Answer: D

Q18 Where is the Head Quarter of United Nations Industrial Development Organization (UNIDO)?
    A. Vienna, Austria B. Geneva, Switzerland C. New York, US D. Paris, Switzerland Answer: A

Q19 Lek is the currency of which country?
    A. Jamaica B. Albania C. Guinea D. Israel Answer: B

Q20 Which state has lowest rural population according to census 2011?
    A. Goa B. Sikkim C. Maharashtra D. Punjab Answer: B

Q21 Riga is the capital of which country?
    A. Angola B. Latvia C. Comoros D. Zambia Answer: B

Q22 Round Revolution is related with which of the following –
    A. Jute B. Potato C. Gems D. Fish Answer: B

Q23 Satish Dhawan Space Centre (SDSC) is located in which state?
    A. In Abdul Kalam Island (Odisha) B. Chennai (Tamil Nadu) C. In Wheeler Island, (Odisha) D. Kerala Answer: D

Q24 Which of the following terms is used in the game of chess?
    A. Checkmate B. Hoops C. Stroke D. Heave Answer: A

Q25 Which banks are referred as the Schedule Banks?
    A. Included in the 2nd schedule of the Banking Regulation Act 1949 B. Included in the 2nd schedule of the Reserve Bank of India Act 1934 C. Included in the 2nd schedule of the Companies Act 1956 D. Included in the Bank Nationalization Act 1969 Answer: B

Q26 Which is the Highest Peak in South India?
    A. Anamudi B. Doddabetta C. Anginda Peak D. Chembra Peak Answer: A

Q27 The maximum value that can be stored in any prepaid card is __?
    A. Rs 1,0,000/ B. Rs 3,00,000/ C. Rs 1,00,000/ D. Rs 5,00,000/ Answer: C

Q28 'UMANG' app can be accessed in how many languages?
    A. 12 B. 10 C. 16 D. 14 Answer: A

Q29 Which of the following is not a type of ATM?
    A. Yellow label ATM B. Green label ATM C. Brown label ATM D. Black label ATM Answer: D

Q30 World Water Day is observed on –
    A. 20 March B. 21 March C. 22 March D. 24 March Answer: C
Q1 Who is the author of the book 'Golden Gate'?
    A. Vimal Jalan B. Vikram Seth C. Salman Rushdie D. Amitav Ghosh Answer: B

Q2 _____ is a money market instrument, which enables collateralized short term borrowing through Govt Securities.
    A. Repo Rate B. MSF C. Call Money D. MMMF Answer: A

Q3 FCNR(B) account can be opened in which currencies?
    A. All partially convertible currencies B. All freely convertible currencies C. All currencies D. Indian currencies Answer: A

Q4 Kuchipudi is the famous dance of which state?
    A. Kerala B. Karnataka C. Andhra Pradesh D. Tamil Nadu Answer: C

Q5 What is the currency of Jordan?
    A. Euro B. Yen C. Dinar D. Pound Answer: C

Q6 The number of firms in monopoly is-
    A. Three B. Four C. One D. Two Answer: C

Q7 When is the World Day to Combat Desertification and Drought (WDCDD) observed every year?
    A. 16-Jun B. 17-Jun C. 18-Jun D. 19-Jun Answer: B

Q8 Which of the following is not a payment bank?
    A. Aditya Birla Idea Payments Bank B. Bharti Airtel Payments Bank C. Paytm Payments Bank D. IDFC Payments Bank Answer: D

Q9 Atacama Desert is situated in which country?
    A. Chile B. Libya C. Mali D. Algeria Answer: A

Q10 In which state Kunchikal waterfall is located?
    A. Kerala B. Karnataka C. Tamil Nadu D. Andhra Pradesh Answer: B

Q11. Which state government had launched ‘Saubhagya Yojana’?
    A. Goa B. Gujarat C. Assam D. Jharkhand Answer: D

Q12. Brahmaputra is Main River of which state?
    A. Madhya Pradesh B. Manipur C. Meghalaya D. Assam Answer: D

Q13. Which two Arab countries has introduced Value Added Tax (VAT) for the first time?
    A. Saudi Arabia and Algeria B. Saudi Arabia and United Arab Emirates (UAE) C. Saudi Arabia and Iraq D. Saudi Arabia and Qatar Answer: B

Q14. Who is the Managing Director of India Infrastructure Finance Company Ltd (IIFCL)?
    A. Pawan Gupta B. Sudhir Patel C. Rajesh Agrawal D. Pankaj Jain Answer: D

Q15. Government borrowing to finance budget deficits _____.
    A. Will decrease interest rates B. Will have no effect on interest rates C. Will increase supply of loanable funds D. Will increase interest rates Answer: D

Q16. National Film Awards has been administered since _____.
    A. 1973 B. 1980 C. 1987 D. 1994 Answer: A

Q17. The oldest stock exchange of India is
    A. Kolkata Stock Exchange B. Hyderabad Stock Exchange C. Bangalore Stock Exchange D. Bombay Stock Exchange Answer: D

Q18. Which rate is charged by RBI on long term lending’s?
    A. Repo Rate B. Bank Rate C. Reverse Repo Rate D. Base Rate Answer: B

Q19. Saina Nehwal is related to which game?
    A. Badminton B. Cricket C. Tennis D. Baseball Answer: A

Q20. Who is the author of the book "The Oath of the Vayuputras"?
    A. V. S. Naipaul B. Salman Rushdie C. Anita Desai D. Amish Tripathi Answer: D

Q21 How many members are there in the Monetary Policy Committee (MPC) constituted by the Government of India for deciding the key indicators in the bi-monthly monetary policy?
    A. 2 B. 3 C. 4 D. 6 Answer: D

Q22 Indian banks use the term “MIFOR”. What is the full form of MIFOR?
    A. Mumbai Interbank Forward Optimization Rate B. Metro Interbank Forward Offer Rate C. Metro Interbank Future Optimization Rate D. Mumbai Interbank Forward Offer Rate Answer: D

Q23 What type of banking units, according to RBI, are permitted to be set up in Special Economic Zones?
    A. International Banking Units B. Offshore Banking Units C. Domestic Banking Units D. National Banking Units Answer: B

Q24 What does the term 'Narrow Banking' mean?
    A. The bank which accepts deposits and invests the amount in safe government bonds. B. The bank only lends loans and not accepts any deposits from the public. C. The bank which operates only in certain tier-2 cities. D. The bank which operates only for physically handicapped. Answer: A

Q25 What is the name of the banking service which is provided by a group of networked bank branches where customers may access their bank account and perform basic transactions from any of the member branch offices?
    A. Digital Banking B. Core Banking C. Internet Banking D. Advanced Banking Answer: B

Q26 What is 'Outcome Budget'?
    A. It denotes reaction of the media after Budget Papers are approved in the Parliament. B. It aims to measure the performance of the Government in various departments. C. It is a practice of suggesting and listing of estimated outcomes of each program or schemes designed. D. All of the above Answer: C

Q27 What can a Fixed Deposit Account also called as?
    A. Demand Deposit Account B. Recurring Deposit Account C. DD Deposit Account D. Term Deposit Account Answer: D

Q28 What is the limit on how much the start-ups are permitted to raise external commercial borrowings (ECBs) in a financial year, as per the new RBI norms for ECB route for start-ups?
    A. $3 million B. $4 million C. $5 million D. $6 million Answer: A

Q29 What amount and below in term deposits of individuals (Singly or Jointly), according to the RBI, should necessarily have premature withdrawal facility?
    A. ₹1 crore B. ₹50 lakh C. ₹25 lakh D. ₹15 lakh Answer: D

Q30 CRR is defined in ____of RBI ACT 1934.
    A. Sec 42(1) B. Sec 42(2) C. Sec 43(1) D. Sec 43(2) Answer: A
Q1. Foreign Exchange Regulation Act (FERA) of 1947, was subsequently replaced by Foreign Exchange Regulation Act, __________.
    A. 1978 B. 1950 C. 1984 D. 1973 Answer: D

Q2. Which country is the world’s largest consumer of almonds?
    A. China B. Spain C. United State D. Vietnam Answer: C

Q3. “Pure Banking Nothing Else” is a tagline of which Bank?
    A. ICICI Bank B. UTI Bank C. SBI Bank D. HDFC Bank Answer: C

Q4. Disinvestment means-
    A. To reduce the government share in the private sector. B. To reduce government share in the FDI. C. To reduce government share in the Market. D. To reduce the government share in the public sector. Answer: D

Q5. Economic planning is an important feature of _________.
    A. Mixed Economy B. Socialist Economy C. Dual Economy D. Capitalist Economy Answer: B

Q6. The first attempt to calculate National Income of India was made by ______________ in 1867 -68.
    A. Gopal Krishna Gokhale B. Justice Ranade C. Dadabhai Naroji D. P.C. Mahalanobis Answer: C

Q7. The NOTA option first used in the election of which year?
    A. 2006 B. 2008 C. 2012 D. 2013 Answer: D

Q8. What does MIGS stands for?
    A. Minimum Income Group Scheme B. Middle Income Group Scheme C. Middle Incentive Group Scheme D. Minimum Incentive Group Scheme Answer: B

Q9. What is an Open Market Operation?
    A. It is a release of funds by RBI in Open Market B. It is a standby facility to banks by RBI for infusion of liquidity C. It is buying or selling of government bonds in the open market by Central Bank to inject or suck liquidity from the system D. All of the above Answer: C

Q10. What is the full form of SECC?
    A. Socio Economic Class Survey B. Socio Economic Caste Service C. Social Earning Class Survey D. Socio Economic Caste Census Answer: D

Q11. Bank branches has which can undertake foreign exchange business directly are known as ________ in foreign exchange.
    A. Authorized dealers B. Foreign dealers C. Foreign branches D. Banking dealers Answer: A

Q12. By which organization Insurance cover for bank deposits in our country is provided?
    A. NHB B. DICGC C. Government of India D. LIC Answer: B

Q13. ' Dinar' is the currency of which of the following countries?
    A. Pakistan B. Libya C. Afghanistan D. South Sudan Answer: B

Q14. Loans of very small amounts given to low income groups is known as _______
    A. Cash credit B. Micro credit C. Simple overdraft D. Fixed loans Answer: B

Q15. What is CDR?
    A. Corporate Debt Restructuring B. Corporate Debt Roll over C. Company Debt Restructuring D. Company Deposit Roll over Answer: B

Q16. Expand the term ALM as used in Banking/ Finance sector.
    A. Asset Liability Management B. Asset Loan Maturity C. Asset Liability Mismatch D. Asset Loan Management Answer: A

Q17. Cash Reserve Ratio (CRR) and statutory Liquidity Ratio (SLR) are related to which industries/ markets?
    A. Capital market B. Banking industry C. Commodities market D. Money market Answer: B

Q18. What is the maximum period for which domestic term deposits are normally accepted by banks in our country?
    A. 8 Years B. 5 Years C. 4 Years D. 10 Years Answer: D

Q19. If a person want to purchase some U.S Dollars, he should approach_______.
    A. External Affairs Ministry B. The U.S Embassy C. Any Bank Branch authorized to' do such activity D. The Reserve Bank of India only Answer: C

Q20. Who is Banking Ombudsman?
    A. It Is in-charge of bank loans for trucks B. Fixes the rate of interest on loans C. Resolves complaints of customers D. Issues licenses for new bank branches Answer: C

Q21. Which bank is established as First Bank in India?
    A. Bank of India B. Bank of Hindustan C. General Bank of India D. State Bank of India Answer: B

Q22. Bank of Hindustan was established in which year?
    A. 1700 B. 1770 C. 1780 D. 1890 Answer: B

Q23. Which among the following is correct regarding Bank in India?
    A. The largest bank and the oldest still in existence is the State Bank of India (S.B.I). B. The State Bank of India was given control of eight state-associated banks under the State Bank of India (Subsidiary Banks) Act, 1959. C. The Indian banking sector is broadly classified into large and small banks. D. Both 1 and 2 Answer: C

Q24. Which bank was established in 1786?
    A. General Bank B. Reserve Bank of India C. Bank of Bengal D. State Bank of India Answer: A

Q25. The Largest and Oldest Bank, still in existence is:
    A. Punjab National Bank B. Reserve Bank of India C. State Bank of India D. Bank of Maharashtra Answer: C

Q26. Which among the following banks form the "Imperial bank of India”?
    A. Bank of Bombay B. Bank of Madras C. Bank of Bengal D. All of the Above Answer: D

Q27. When was the first nationalization of many banks?
    A. 19th August, 1969 B. 19th October, 1969 C. 19th July, 1969 D. 19th July 1960 Answer: C

Q28. Reserve Bank of India was established under which act?
    A. Reserve Bank of India Act 1930 B. Reserve Bank of India Act 1921 C. Reserve Bank of India Act 1934 D. Reserve Bank of India Act 1944 Answer: C

Q29. In which year, RBI was established?
    A. 1st April, 1940 B. 1st April, 1935 C. 1st April 1948 D. 1st April 1950 Answer: B

Q30. In which year, SBI was given control of 8 state associated bank under the State Bank of India (Subsidiary Banks) Act, 1959?
    A. 1965 B. 1975 C. 1960 D. 1959 Answer: C
Q1. Recently PIO cards was in news, in which ‘P’ stands for _____________.
    A. P – Population B. P – Persons C. P – People D. P – Patents Answer: B

Q2. Which Life Insurance company has signed a corporate agency agreement with Paytm to offer comprehensive life insurance products?
    A. Shriram Life Insurance Corporation B. Aegon Life Insurance C. ICICI Prudential Life Insurance D. Max Life Insurance Answer: B

Q3. Securities and Exchange Board of India (SEBI) has eased its norms to allow smart cities raise funds through which bonds?
    A. ‘Rishi Bonds’ B. ‘Kanya Bonds’ C. ‘Yogi Bonds’ D. ‘Muni Bonds’ Answer: D

Q4. What is the interest rate of five year Senior Citizen Savings Scheme (SCSS) as per the circulation of Union Ministry of Finance from 1st October, 2019?
    A. 8.6 % B. 8.5 % C. 7.9 % D. 8.2 % Answer: A

Q5. What is the denomination of commemorative coin released by Prime Minister Narendra Modi during Swachh Bharat Diwas program?
    A. Rs. 200 B. Rs. 50 C. Rs. 150 D. Rs. 100 Answer: C

Q6. Who is appointed as the chief operating officer (COP) of Yes bank?
    A. Shikha Sharma B. Ranjana Kumar C. Naina Lal Kidwai D. Anita Pai Answer: D

Q7. Who was the 1st Deputy Prime Minister of India?
    A. Rajendra Prasad B. Sardar Vallabhbhai Patel C. Lal Bahadur Shastri D. Maulana Abul Kalam Azad Answer: B

Q8. Amit Panghal is related to which sport?
    A. Badminton B. Discus throw C. Boxing D. Wrestling Answer: C

Q9. By which of the following NBFC are regulated?
    A. RBI B. Companies Act 2013 C. SEBI D. NIFTY Answer: C

Q10. How many mints in India produce coins?
    A. 3 B. 7 C. 6 D. 4 Answer: D

Q11. What is the Current Cash Reserve ratio?
    A. 4% B. 5% C. 4.50% D. 5.50% Answer: A

Q12. What is the current SLR?
    A. 16.95% B. 18.75% C. 17.65% D. 14.85% Answer: B

Q13. Punjab National Bank was registered on 19 May 1894 under the Indian Companies Act, with its office in Anarkali Bazaar, ______.
    A. Lahore B. Peshawar C. Karachi D. Islamabad Answer: A

Q14. Which of the following bank was founded by V. G. Kale and D. K. Sathe and registered as a banking company on 16 September 1935 at Pune?
    A. Indian Overseas Bank B. Bank of India C. Indian Bank D. Bank of Maharashtra Answer: D

Q15. In which year, Canara Bank was nationalized?
    A. 1960 B. 1969 C. 1970 D. 1979 Answer: B

Q16. Federal Bank is a Private Sector, scheduled commercial bank in India, headquartered in ______.
    A. Mangalore B. Kochi C. Mumbai D. New Delhi Answer: B

Q17. Yes Bank Limited is India's fourth largest private sector bank, founded by Rana Kapoor and Ashok Kapur in ___________.
    A. 2000 B. 2002 C. 2004 D. 2006 Answer: C

Q18. Which of the following bank formerly known as Ratnakar Bank?
    A. DCB Bank B. RBL Bank C. Karnataka Bank D. Karur Vyasya Bank Answer: B

Q19. Which of the following bank was registered on 11 November 1919 as a limited company in Mumbai and was inaugurated by Mahatma Gandhi?
    A. Union Bank of India B. UCO Bank C. Allahabad Bank D. Indian Overseas Bank Answer: A

Q20. On 30 August 2019, Finance Minister Nirmala Sitharaman announced that Corporation Bank and Andhra Bank would be merged into _________.
    A. Union Bank of India B. UCO Bank C. Allahabad Bank D. Indian Overseas Bank Answer: A

Q21. What is the current repo rate?
    A. 5.40% B. 5.15% C. 5.65% D. 5.65% Answer: A

Q22. What is the Current reverse repo rate?
    A. 5.40% B. 5.15% C. 5.65% D. 5.65% Answer: B

Q23. Which of the following is not an instrument of Monetary policy?
    A. Statutory Liquidity Ratio B. Repo Rate C. Base Rate D. Open Market Operation Answer: C

Q24. How many printing presses print and supply banknotes in India?
    A. 4 B. 5 C. 6 D. 7 Answer: A

Q25. Coins are minted by the Government of India. Who is the agent of the Government for distribution, issue and handling of coins?
    A. RBI B. SBI C. DICGC D. Government itself Answer: A

Q26. Where is the headquarters of Syndicate Bank is located?
    A. Kolkata B. Mumbai C. New Delhi D. Manipal Answer: D

Q27. Which of the following organization decides Marginal Standing Facility in India?
    A. RBI B. NITI Aayog C. Government D. State Govt Answer: A

Q28. UCO Bank established in 1943 in Kolkata, is a major government-owned commercial bank of India. Formerly UCO bank Called-
    A. United Cooperative Bank B. Universal Commercial Bank C. United Commercial Bank D. Unique Commercial Bank Answer: C

Q29. On 30 August 2019, Finance Minister Nirmala Sitharaman announced that the Oriental Bank of Commerce and United Bank of India would be merged with _________.
    A. Canara Bank B. Indian Bank C. Allahabad Bank D. Punjab National Bank Answer: D

Q30. On 24 June 1908, Bhai Vir Singh, Sir Sunder Singh Majitha, and Sardar Tarlochan Singh established _____.
    A. Punjab and Sindh Bank B. Canara Bank C. Indian Bank D. Allahabad Bank Answer: A
Q1. How many banks were nationalized as on 19th July, 1969?
    A. 15 B. 13 C. 14 D. 19 Answer: C

Q2. Second Time Nationalization of more than 5 banks were conducted in which of the following years?
    A. 1975 B. 1980 C. 1985 D. 1990 Answer: B

Q3. Scheduled Banks are classified into which of the following categories?
    A. Nationalized Banks B. Regional Rural Banks (RRB) C. Foreign Banks D. All of the Above Answer: D

Q4. Which of the following agencies is associated with the business of Insurance sector as a regulator?
    A. NPCI B. IRDAI C. SEBI D. AMFI Answer: B

Q5. The hundred rupee currency note in India bears the signature of which one of the following?
    A. Finance Minister of India B. Prime Minister of India C. Governor of the RBI D. President of India Answer: C

Q6. Which of the following terms is not used in banking and Finance?
    A. Capital gain B. Plan Finance C. Market risk D. Apartheid Answer: D

Q7. Which of the following Rates/Ratios is not covered under the Monetary and credit Policy of the RBI?
    A. Bank Rate B. Repo Rate C. Cash Reserve Ratio D. Exchange Rate of Foreign Currencies Answer: D

Q8. Which of the following cannot issue a commercial Paper?
    A. Companies B. Primary Dealers C. Commercial Banks D. All India Financial Institutions Answer: C

Q9. Which of the following is not an indicator of productivity for a bank branch?
    A. Business Per Employee B. Accounts (both deposits and advances) Per Employee C. Net Profit Per Employee D. Neat and clean ambience Answer: D

Q10. "Service Area Approach" was recommended by whom?
    A. Dr. P. D. Ojha Committee B. D. Gorawala C. R. V. Gupta D. Dr. Kalia Answer: A

Q11. Bank branches has which can undertake foreign exchange business directly are known as ________ in foreign exchange.
    A. Authorized dealers B. Foreign dealers C. Foreign branches D. Banking dealers Answer: A

Q12. By which organization Insurance cover for bank deposits in our country is provided?
    A. NHB B. DICGC C. Government of India D. LIC Answer: B

Q13. ' Dinar' is the currency of which of the following countries?
    A. Pakistan B. Libya C. Afghanistan D. South Sudan Answer: B

Q14. Loans of very small amounts given to low income groups is known as _______
    A. Cash credit B. Micro credit C. Simple overdraft D. Fixed loans Answer: B

Q15. What is CDR?
    A. Corporate Debt Restructuring B. Corporate Debt Roll over C. Company Debt Restructuring D. Company Deposit Roll over Answer: B

Q16. Expand the term ALM as used in Banking/ Finance sector.
    A. Asset Liability Management B. Asset Loan Maturity C. Asset Liability Mismatch D. Asset Loan Management Answer: A

Q17. Cash Reserve Ratio (CRR) and statutory Liquidity Ratio (SLR) are related to which industries/ markets?
    A. Capital market B. Banking industry C. Commodities market D. Money market Answer: B

Q18. What is the maximum period for which domestic term deposits are normally accepted by banks in our country?
    A. 8 Years B. 5 Years C. 4 Years D. 10 Years Answer: D

Q19. If a person want to purchase some U.S Dollars, he should approach_______.
    A. External Affairs Ministry B. The U.S Embassy C. Any Bank Branch authorized to' do such activity D. The Reserve Bank of India only Answer: C

Q20. Who is Banking Ombudsman?
    A. It Is in-charge of bank loans for trucks B. Fixes the rate of interest on loans C. Resolves complaints of customers D. Issues licenses for new bank branches Answer: C

Q21. Which bank is established as First Bank in India?
    A. Bank of India B. Bank of Hindustan C. General Bank of India D. State Bank of India Answer: B

Q22. Bank of Hindustan was established in which year?
    A. 1700 B. 1770 C. 1780 D. 1890 Answer: B

Q23. Which among the following is correct regarding Bank in India?
    A. The largest bank and the oldest still in existence is the State Bank of India (S.B.I). B. The State Bank of India was given control of eight state-associated banks under the State Bank of India (Subsidiary Banks) Act, 1959. C. The Indian banking sector is broadly classified into large and small banks. D. Both 1 and 2 Answer: C

Q24. Which bank was established in 1786?
    A. General Bank B. Reserve Bank of India C. Bank of Bengal D. State Bank of India Answer: A

Q25. The Largest and Oldest Bank, still in existence is:
    A. Punjab National Bank B. Reserve Bank of India C. State Bank of India D. Bank of Maharashtra Answer: C

Q26. Which among the following banks form the "Imperial bank of India”?
    A. Bank of Bombay B. Bank of Madras C. Bank of Bengal D. All of the Above Answer: D

Q27. When was the first nationalization of many banks?
    A. 19th August, 1969 B. 19th October, 1969 C. 19th July, 1969 D. 19th July 1960 Answer: C

Q28. Reserve Bank of India was established under which act?
    A. Reserve Bank of India Act 1930 B. Reserve Bank of India Act 1921 C. Reserve Bank of India Act 1934 D. Reserve Bank of India Act 1944 Answer: C

Q29. In which year, RBI was established?
    A. 1st April, 1940 B. 1st April, 1935 C. 1st April 1948 D. 1st April 1950 Answer: B

Q30. In which year, SBI was given control of 8 state associated bank under the State Bank of India (Subsidiary Banks) Act, 1959?
    A. 1965 B. 1975 C. 1960 D. 1959 Answer: C
Q1. What is Paper Gold?
    A. Gold reserve with RBI B. Special drawing rights of the IMF C. International paper currency D. Gold reserve with World Bank Answer: B

Q2. What is the previous name of state Bank of India?
    A. Empire Bank of India B. Series Bank of India C. Imperial Bank of India D. Kingdom Bank of India Answer: C

Q3. Reserve Bank of India was nationalized in which year?
    A. 1940 B. 1949 C. 1951 D. 1956 Answer: B

Q4. Before the establishment of the Reserve Bank of India, which organization conduct the government banking business?
    A. Bank of Calcutta B. Awadh Bank of India C. State Bank of India D. Imperial Bank of India Answer: D

Q5. Which one is not a general credit control measure?
    A. Regulation of margin requirements on advance against agricultural commodities B. Bank Rate C. Open market operation D. Repo rate Answer: A

Q6. In which year, the currency system in India converted into decimal system?
    A. From 1st April, 1957 B. From 1st April, 1958 C. From 1st April , 1960 D. From 1st April, 1966 Answer: A

Q7. Statutory cash reserve ratio for non- scheduled banks is regulated by the Reserve Bank of India under power conferred upon it by which act?
    A. Reserve Bank of India Act, 1935 B. Banking Regulation Act, 1949 C. Companies Act, 1957 D. Government of India Answer: B

Q8. Which one is not a member of the World Bank group?
    A. International Bank for Reconstruction and Development B. International Development Association C. Multilateral Investment Guarantee Agency D. Bank of International Settlement Answer: D

Q9. Financing of which product/service, Kisan credit card can be used?
    A. Production needs B. Consumption needs C. Financial needs D. Both 1 and 2 Answer: D

Q10. Who is the authorized to sign 'one – rupee’ note?
    A. Secretary , Ministry of Finance B. Governor of Delhi C. Governor, RBI D. President Answer: A

Q11. What is lender of last resort of RBI?
    A. Government pay money to RBI B. RBI gives land to banks C. RBI advances necessary credit to financial institutions D. All of the above Answer: C

Q12. In which year, Merchant Banking comes into existence in India?
    A. 1970 B. 1965 C. 1967 D. 1969 Answer: C

Q13. Which bank first time introduce the merchant banking in India?
    A. State Bank of India B. Grindlays Bank C. United Bank of India D. ICICI Bank Answer: B

Q14. In which year, State Bank of India started the Merchant Banking?
    A. 1972 B. 1974 C. 1978 D. 1980 Answer: A

Q15. Merchant Banks do not deals in:
    A. providing services for mergers and acquisitions B. regular banking services to the general public. C. long term loans for companies D. stock underwriting Answer: B

Q16. The Group of people, who pool their money together for savings and to make loan is called a:
    A. Worker Union B. Credit Union C. Cash Union D. Loan Union Answer: B

Q17. What are Public Sector Banks?
    A. More people deposit in these banks B. RBI or Government of India or both have at least 51% shares in the Bank C. Bank run by the private holders D. All of the Above Answer: B

Q18. Which of the following is the largest Public Sector Bank in India?
    A. Punjab National Bank B. HDFC C. Central Bank of India D. State Bank of India Answer: D

Q19. Public Sector Banks includes which of the following?
    A. 20 Nationalized Banks + 5 SBI Associates + IDBI B. 18 Nationalized Banks + SBI + Private Sector Banks +IDBI C. 22 Nationalized Banks + SBI + Private Sector Banks +IDBI D. 18 Nationalized Banks Answer: D

Q20. Which commission distributes the taxes between center and states?
    A. Home Ministry B. NITI Aayog C. Tax Commission D. Finance Commission Answer: D

Q21. Which of the following banks was inaugurated by Mahatma Gandhi in 1919?
    A. Bank of Maharashtra B. Bank of Baroda C. State Bank of Saurashtra D. Union Bank of India Answer: D

Q22. Which of the following is not the function of the Reserve Bank of India?
    A. Acting as banker to the Government B. Keeping of Foreign Exchange Reserve C. Issuing of one rupee notes and coins D. Regulating credit in the country Answer: C

Q23. Where is the headquarter of SEBI?
    A. Lucknow B. Pune C. Mumbai D. Kolkata Answer: C

Q24. What does M in M-Banking?
    A. Money B. Marginal C. Message D. Mobile Phone Answer: D

Q25. In which year was the Imperial Bank of India renamed as State Bank of India?
    A. 1955 B. 1957 C. 1962 D. 1965 Answer: A

Q26. India is called a mixed economy because of the existence of _____
    A. Public Sector B. Private Sector C. Joint Sector D. Both 1 and 2 Answer: D

Q27. What is the current Bank rate?
    A. 5.65% B. 5.55% C. 5.35% D. 5.60% Answer: A

Q28. Repo rate is decided by ________
    A. State Bank of India B. Reserve Bank of India C. Union Bank of India D. Central Bank of India Answer: B

Q29. Fiscal Policy in India is formulated by which of the following?
    A. Government B. RBI C. Finance Ministry D. SBI Answer: C

Q30. Which apex institution which handles refinance for agriculture and rural development in India?
    A. RBI B. SIDBI C. NABARD D. SEBI Answer: C
Q1. “The Name you can Bank Upon” is the tagline of which bank?
    A. UCO Bank B. Dena Bank C. Punjab National Bank D. South Indian Bank Answer: C

Q2. _______ is the currency of Belgium.
    A. Krone B. Euro C. Rial D. Dollar Answer: B

Q3. What is the full form of BCBS?
    A. Basel Committee on Board Supervision B. Basel Committee on Balance Supervision C. Board Committee on Business Supervision D. Basel Committee on Banking Supervision Answer: D

Q4. Which of the following bank has its headquarters in Mumbai?
    A. Bank of India B. Union Bank of India C. Punjab National Bank D. Canara Bank Answer: B

Q5. The Difference between Gross Domestic product and Net Domestic product is called ________.
    A. National Income B. Consumption of fixed Capital C. Net Capital Formation D. Balance of Payment Answer: C

Q6. Which of the following is/are main foreign exchange reserves in the country?
    A. Foreign Currency assets B. Gold Stock C. Special Drawing Rights D. All of the above Answer: D

Q7. Bombay Stock Exchange was established on _________.
    A. 1975 B. 1992 C. 1875 D. 1995 Answer: C

Q8. In which year, EXIM bank was set up?
    A. 1989 B. 1982 C. 1985 D. 1980 Answer: B

Q9. Entry Load is a term associated with which of the following?
    A. Startups B. Mutual Funds C. Shipping D. Business Answer: C

Q10. Which of the following committee recommended the universal banking concept?
    A. R H Khan Committee B. S Padmanabhan Committee C. YH Malegam Committee D. Narsimham Committee Answer: A

Q11. Which bank was placed under the Prompt Corrective Action (PCA) Framework by Reserve Bank of India (RBI) due to reasons like high net NPA (Non-Performing Assets)?
    A. Yes Bank B. Dhanlaxmi Bank C. Lakshmi Vilas Bank (LVB) D. City Union Bank (CUB) Answer: C

Q12. Which country’s Central bank has released three coins (100, 1000 and 2500 denomination) bearing the Sikh symbol to commemorate 550th Birth Anniversary of Guru Nanak Dev?
    A. Bhutan B. Bangladesh C. Nepal D. Sri Lanka Answer: C

Q13. What is term money?
    A. Refers to the borrowing or lending of funds for 1 day. B. Refers to borrowing and lending of funds for a period of more than 14 days. C. Refers to the borrowing and lending of funds for 2-14 days. D. It is lent or borrowed for one day or on overnight basis. Answer: B

Q14. Which of the following is not a method of measuring national income?
    A. Investment Method B. Product Method C. Income Method D. Expenditure Method Answer: A

Q15. Which of the following is related to money market?
    A. Commercial Money B. Treasury Bills C. Cheque D. Shares Answer: B

Q16. Which two countries has signed agreements worth Rs. 2,400 crore to boost trade ties in the field of rubber, construction material, food and beverages, logistics ?
    A. India and Indonasia B. Thailand and India C. Philippines and India D. India and Vietnam Answer: B

Q17. Which of the following products/articles hold maximum weightage in WPI?
    A. Primary articles B. Fuel items C. Manufactured items D. All of the above Answer: C

Q18. Which of the following instrument is defined under negotiable instrument act?
    A. Cheque B. Draft C. Promissory Note D. All of the above. Answer: D

Q19. SEBI act 1992 empowers SEBI with ____________ power.
    A. Constitutional Power B. Statutory Power C. Non Statutory Power D. All of the above Answer: B

Q20. National Bank for Agriculture and Rural Development (NABARD) was established in?
    A. 1980 B. 1981 C. 1982 D. 1983 Answer: D

Q21. Where is the headquarter of Bank of Maharashtra?
    A. Pune B. Vadodara C. New Delhi D. Mumbai Answer: A

Q22. “Prosperity for all” is the tagline of _______.
    A. Bank of Maharashtra B. Corporation Bank C. Bank of Baroda D. Bank of India Answer: B

Q23. Dena bank and Vijaya Bank merged in which of the following bank?
    A. Bank of India B. Punjab National Bank C. Bank of Baroda D. State Bank of India Answer: C

Q24. Chanda Kochar was associated with which bank?
    A. HDFC Bank B. ICICI Bank C. SBI D. RBI Answer: B

Q25. The headquarter of Syndicate Bank is in Manipal. Manipal is the part of which state?
    A. Kerala B. Karnataka C. Odisha D. Meghalaya Answer: BC

Q26. India does not share its boundary with which of the following countries?
    A. China B. Taiwan C. Burma D. Bhutan Answer: B

Q27. Who was the chief architect of Green Revolution that significantly improved the agricultural yield in the country?
    A. MS Swaminathan B. VR Krisha Aiyyar C. V Kurien D. Jawaharlal Nehru Answer: A

Q28. The Mumbai Stock Exchange was set up in ……
    A. 1875 B. 1900 C. 1922 D. 1947 Answer: A

Q29. What does the term NSDL stands for?
    A. National Securities Development Limited B. National Securities Depository Limited C. National Safety Development Limited D. Natural Safety Deployment Limited Answer: B

Q30. Which of the following statement is true?
    A. Banks cannot accept demand and time deposits from public. B. Banks can accept only demand deposits from the public. C. Banks can accept only time deposits from the public. D. Banks can accept demand and time deposits only from government. Answer: D
Q1. Bank branches are established under which section of Banking Regulations Act, 1949?
    A. Section 24 B. Section 20 C. Section 21 D. Section 23 Answer: D

Q2. The difference between the outflow and inflow of foreign currency is known as _____________.
    A. Current Account Deficit B. Fiscal Deficit C. Foreign Exchange Reserves D. Balance of Payments Answer: C

Q3. If the date of the cheque is later than the date on which it is presented for payment, then this type of cheque is known as__________.
    A. post dated cheque B. invalid cheque C. ante-dated cheque D. Stale cheque Answer: A

Q4. Production and consumption takes place at about the same time. It is a characteristic of_______________.
    A. Manufacturing sector B. Agriculture sector C. Service sector D. All of the above Answer: C

Q5. With banking reference, ECB stands for __________.
    A. Executive Current Banking B. Extra Commercial Borrowings C. External Commercial Borrowings D. Executive Commercial Banking Answer: B

Q6. The web tool named ‘Vasool So-Ft’ is launched by which of the following bank?
    A. Bank of Baroda B. Karnataka Bank C. UCO Bank D. State Bank of India Answer: C

Q7. Who is the present Chief Economic Adviser of India?
    A. Krishnamurthy V Subramanian B. Sudhir Bhargava C. Rajeev Mishra D. Bibek Debroy Answer: A

Q8. Which of the following authorities, determines the Interest Rates on Small Savings Schemes?
    A. Finance Ministry B. Reserve Bank of India C. Committee formed by Niti Ayog D. Cabinet Committee formed by Prime Minister Answer: A

Q9. ___________ is the Appellate Authority in case of Banking Ombudsman Scheme.
    A. Governor of RBI B. Executive Director of RBI C. Deputy Governor of RBI D. CGM of RBI Answer: C

Q10. An enterprise, where the investment in equipment does not exceed Rs. 10 lakh, is known as__________.
    A. Medium enterprise B. Science enterprise C. Mini enterprise D. Micro enterprise Answer: D

Q11. By adding indirect taxes to the national income at factor cost and then subtracting subsidies from the sum, the amount equals–
    A. National income at market prices B. National income at factor prices C. GNP D. NNP Answer: A

Q12. Concentration Ratio is a measure of which of the following?
    A. Level of concentration of buyers in the market B. Level of concentration of sellers in the market C. Level of concentration of buyers and sellers in the market D. Level of turnovers of buyers and seller and their number Answer: B

Q13. Which of the following statements, is true about "Hidden prices rise”?
    A. Increased Quantity of Products B. Increased Quality of Product C. Increase in Maximum Retail Price (MRP) D. No Change in Maximum Retail Price Answer: D

Q14. Fiscal deficit equals:
    A. Government expenditures minus borrowings other than those from the RBI. B. Government revenue receipts minus revenue expenditure. C. Government capital expenditure minus revenue surpluses. D. Government expenditure minus tax and non- tax revenue receipts Answer: D

Q15 Which of the following is not shared by the Centre and the states?
    A. Sales Tax B. Corporation Tax C. Income Tax D. Union Excise Duties Answer: B

Q16 'Agenda 21' is related with–
    A. Human development B. Economic development C. Sustainable development D. Poverty Alleviation Answer: C

Q17. Which of the following statements, is true about "Hidden prices rise”?
    A. Increased Quantity of Products B. Increased Quality of Product C. Increase in Maximum Retail Price (MRP) D. No Change in Maximum Retail Price Answer: D

Q18. In Regional Rural Banks, what is the contribution of the sponsor Banks?
    A. 50% B. 15% C. 35% D. 25% Answer: C

Q19. In Regional Rural Banks, what is the contribution of the State?
    A. 50% B. 15% C. 35% D. 25% Answer: B

Q20. In Regional Rural Banks, what is the contribution of the Central?
    A. 50% B. 15% C. 35% D. 25% Answer: A

Q21. Law of variable proportions is concerned with
    A. Long-run production function B. Laws of returns to scale C. Short-run production function D. All of the above Answer: C

Q22. The ‘point of inflection’ come in which stage of the law of variable proportions
    A. Stage I B. Stage III C. Stage II D. All of the above Answer: A

Q23. Total product reaches at maximum when
    A. MP is increasing B. MP = 0 C. MP is maximum D. MP is negative Answer: B

Q24. In the case of diminishing returns to scale, a given proportionate increase in all factors causes
    A. A more than proportionate increase in output B. An equal proportionate increase in output C. A less than proportionate increase in output D. All of the above Answer: C

Q25. The equilibrium price is the price when -
    A. Supply is greater than demand B. Supply is less than demand C. Demand is very high D. Supply is equal to the demand Answer: B

Q26. Which of the following is not direct taxes?
    A. Corporation tax B. Income tax C. Customs duties D. Wealth tax Answer: C

Q27. National Income in India is regularly estimated by -
    A. Ministry of Finance B. Planning Commission C. Central Statistical Organization D. National Sample Survey Organization Answer: C

Q28. Human development report is prepared by–
    A. UNCTAD B. WHO C. UNDP D. UNHCR Answer: C

Q29. 'Gini Coefficient' measures–
    A. Disparity in income distribution B. Disparity in consumption expenditure C. Disparity in food intake D. Disparity in living standards Answer: A

Q30. Which of the following is an active factor of production?
    A. Land B. Labour C. Capital D. Organisation Answer: B
Q1. 'BCSBI' is an autonomous body for promoting adherence to self-imposed codes by banks for committed customer service. What does BCSBI stand for?
    A. Banking Codes of State Bank of India B. Banking Codes and Standards Board of India C. Board Council for State Bank of India D. Banking Codes Schemes for Banks of India Answer: B

Q2. TRIPS is an agreement under WTO. What does 'TRIPS' stand for?
    A. Trade-related investment property Rights B. Trade-related Aspect of investment property Rights C. Trade-related aspect of Intellectual Property rights D. Trade-related aspect of Intellectual Property system Answer: C

Q3. The Reserve Bank of India in its 4th bi-monthly monetary policy review reduced the real GDP growth for 2019-20 from 6.9% to ______.
    A. 6.7% B. 6.4% C. 6.5% D. 6.1% Answer: D

Q4. Which of the following banks has announced the launch of ‘Express FD’, a digital fixed deposit (FD) product that allows the customer to open an FD account in three minutes through the digital mode without opening a savings account with the bank?
    A. ICICI Bank B. HDFC Bank C. Axis Bank D. Yes Bank Answer: C

Q5. Which of the following payment banks and HDFC ERGO General Insurance Company under the corporate agency tie-up launched an innovative Mosquito Diseases Protection Policy (MDPP)?
    A. India Post Payments Bank B. Airtel Payments Bank C. Jio Payments Bank D. Paytm Payments Bank Answer: B

Q6. As per the latest RBI's notication, all banks have to reverse failed transactions with the maximum of T+ ____ days of the failed transaction.
    A. 7 B. 4 C. 10 D. 5 Answer: D

Q7. Who will be the head of the SEBI expert committee to suggest the norms for social stock exchanges?
    A. Bimal Jalan B. Usha Thorat C. Ishaat Hussain D. Rajiv Kumar Answer: C

Q8. As per the announcement made by the Reserve Bank of India the National Electronic Funds Transfer (NEFT) systems would be available on a 24x7 basis from_____
    A. October 2019 B. November 2019 C. December 2019 D. January 2020 Answer: C

Q9. In order to promote the funding in the infrastructure sector, the Union government has waived the three-year lock-in period on investments made by non-residents in IDFs. What does the letter ‘D’ stand for the IDFs?
    A. Deficiency B. Demand C. Debt D. Department Answer: C

Q10. Which of the following banks is going to launch a co-branded credit card in association with LIC’s wholly-owned subsidiary, LIC Credit Cards Services (LIC CSL)?
    A. ICICI Bank B. Axis Bank C. Kotak Mahindra Bank D. IDBI Bank Answer: D

Q11. The Reserve Bank of India (RBI) has made it mandatory for banks to link all new coating-rate loans for housing, auto and MSMEs (Micro and Small Enterprises) to the external benchmark rates. At present, interest rates on loans are linked to a bank’s ____
    A. Base Rate B. Benchmark Prime Lending Rate C. Repo Rate D. Marginal Cost of Lending Rate Answer: D

Q12. Which of the following public sector bank has launched India’s first OTP facility for ATM withdrawals?
    A. Corporation Bank B. State Bank of India C. Canara Bank D. Bank of Baroda Answer: C

Q13. Recently (August, 19) which of the following public sector bank has signed an MoU with Tata AIG General Insurance to offer a variety of general insurance products to bank’s customers?
    A. Indian Bank B. Canara Bank C. Punjab National Bank D. Bank of Baroda Answer: A

Q14. The Reserve Bank of India (RBI) will allow customers to make recurring payments of less than _________ without the two factors authentication process by giving an e-mandate from September.
    A. Rs.1000 B. Rs.2000 C. Rs.3000 D. Rs.4000 Answer: B

Q15. BookMyForex.com has announced the launch of a co-branded Multi-Currency Forex Travel-card in partnership with which of the following banks and Visa to offer a seamless experience to Indian overseas travelers?
    A. ICICI Bank B. HDFC Bank C. Axis Bank D. Yes Bank Answer: D

Q16. 'Cheque' and Demand Draft' come under the purview of which of the following Acts?
    A. Banking Regulation Act, 1949 B. The Banking Companies Act–1949 C. Chit Fund Act–1982 D. Negotiable Instrument Act, 1881 Answer: D

Q17. The system of Cheque truncation was introduced in which of the following years?
    A. 2012 B. 2010 C. 2009 D. 2008 Answer: B

Q18. Bharatiya Reserve Bank Note Mudran Private Limited (BRBNMPL) was established by Reserve Bank of India (RBI) as its wholly-owned subsidiary on 3rd February 1995. BRBNMPL manages 2 Presses one at Mysore and the other in __
    A. Bengaluru B. Madurai C. Salboni D. Kochi Answer: C

Q19. The ‘IDRBT’ is established by the Reserve Bank of India (RBI) in 1996. It is a unique institution exclusively focused on ______
    A. Rural Development B. Banking Technology C. Micro & Medium sector D. Science & Défense Technology Answer: B

Q20. Which of the following banks has signed an MoU with the Indian Army under which the bank will offer customized services, along with a host of facilities to account holders.?
    A. State Bank of India B. Punjab National Bank C. Bank of Baroda D. Indian Bank Answer: C

Q21. “The Name you can Bank Upon” is the tagline of which bank?
    A. UCO Bank B. Dena Bank C. Punjab National Bank D. South Indian Bank Answer: C

Q22. _______ is the currency of Belgium.
    A. Krone B. Euro C. Rial D. Dollar Answer: B

Q23. What is the full form of BCBS?
    A. Basel Committee on Board Supervision B. Basel Committee on Balance Supervision C. Board Committee on Business Supervision D. Basel Committee on Banking Supervision Answer: D

Q24. Which of the following bank has its headquarters in Mumbai?
    A. Bank of India B. Union Bank of India C. Punjab National Bank D. Canara Bank Answer: B

Q25. The Difference between Gross Domestic product and Net Domestic product is called ________.
    A. National Income B. Consumption of fixed Capital C. Net Capital Formation D. Balance of Payment Answer: C

Q26. Which of the following is/are main foreign exchange reserves in the country?
    A. Foreign Currency assets B. Gold Stock C. Special Drawing Rights D. All of the above Answer: D

Q27. Bombay Stock Exchange was established on _________.
    A. 1975 B. 1992 C. 1875 D. 1995 Answer: C

Q28. In which year, EXIM bank was set up?
    A. 1989 B. 1982 C. 1985 D. 1980 Answer: B

Q29. Entry Load is a term associated with which of the following?
    A. Startups B. Mutual Funds C. Shipping D. Business Answer: B

Q30. Which of the following committee recommended the universal banking concept?
    A. R H Khan Committee B. S Padmanabhan Committee C. YH Malegam Committee D. Narsimham Committee Answer: A
Q1. Which of the following is not covered under the Banking Ombudsman Scheme, 2006?
    A. Scheduled Commercial Banks B. Regional Rural Banks C. Scheduled Primary Co-operative Banks D. NBFCs Answer: D

Q2. Certificate of Deposit (CD) is a _____ instrument.
    A. short term B. long term C. negotiable money market D. unsecured money market Answer: C

Q3. Reserve Bank of India offered schedule bank status to _____________.
    A. Bihar State Co-operative Bank B. Madhya Pradesh State Co-operative Bank C. Haryana State Co-operative Bank D. Himachal Pradesh State Co-operative Bank Answer: D

Q4. The monetary units of the International Monetary Fund is called _____ .
    A. ADR B. ETF C. SDR D. GDR Answer: C

Q5. 'How Not to Make Money' is a book written by _____
    A. Chetan Bhagat B. Raj Kundra C. Mahesh Bhupati D. Arvind Kejriwal Answer: B

Q6. Periyar tiger reserve is situated in-
    A. Kerala B. Tamil Nadu C. Assam D. Rajasthan Answer: A

Q7. Bank rate refers to the _____.
    A. Interest rate at which Commercial Banks accept deposits from the public. B. The rate at which Central Bank rediscounts bills of exchange of Commercial Banks. C. Prime Lending Rate of Commercial Banks. D. Interest rate at which Commercial Banks lend to the customers. Answer: B

Q8. Corporation tax ______.
    A. Is levied and appropriated by the states. B. Is levied by the union and collected and appropriated by the states. C. Is levied by the union and shared by the union and the states. D. Is levied by the union and belongs to it exclusively. Answer: D

Q9. Which of the following is the capital of Tanzania?
    A. Juba B. Dodoma C. Oslo D. Dakar Answer: B

Q10. Capital of Cambodia is-
    A. Phnom Penh B. Conakry C. Prague D. Kampala Answer: A

Q11. Gandhi Film Festival is being organized by Films Division in association with India Tourism in which place from 2nd to 6th October 2019?
    A. Mumbai B. New Delhi C. Chandigarh D. Bengaluru Answer: A

Q12. Harvesting festival ‘Nuakhai’ is celebrated in which of the following states?
    A. Assam B. Odisha C. West Bengal D. Bihar Answer: B

Q13. The capital of Kenya is___.
    A. Belgrade B. Cape town C. Vienna D. Nairobi Answer: D

Q14. Birr is the currency of which of the following countries?
    A. Latvia B. Eretria C. Haiti D. Ethiopia Answer: B

Q15. ‘Rand’ is a currency of which country?
    A. Botswana B. Gambia C. South Africa D. Guatemala Answer: C

Q16. On which of the following dates International Day of Older Persons is observed every year?
    A. 28th September B. 29th September C. 30th September D. 1st October Answer: D

Q17. Every Year on which of the following dates National Engineers Day is being observed to commemorate the birth anniversary of noted Indian engineer Bharat Ratna Sir Mokshagundam Visvesvarayya?
    A. 12th September B. 13th September C. 14th September D. 15th September Answer: D

Q18. Which river is known as the Sorrow of Bihar?
    A. Gandak B. Maiti C. Son D. Kosi Answer: D

Q19. Kevada Masjid, a mosqueis situated in ________.
    A. Rajasthan B. Uttar Pradesh C. Gujarat D. Bihar Answer: C

Q20. Hussain Sagar is a necklace shaped lake located in ____.
    A. Hyderabad B. Bhopal C. Chennai D. Bengaluru Answer: A

Q21. Which of the following city has the airport named after the former prime minister of India?
    A. Manipur B. Coimbatore C. Jaipur D. Lucknow Answer: D

Q22. The great Victoria Desert is located in_____.
    A. Canada B. West Africa C. Australia D. North America Answer: C

Q23. Which one of the following rivers is not a tributary of Godavari River?
    A. Wainganga B. Manjira C. Malaprabha D. Wardha Answer: C

Q24. Mount Etna, one of the world's most active volcanoes, is located in which country?
    A. Italy B. France C. Dubai D. Egypt Answer: A

Q25. The Pakke Tiger Reserve is located in which of the following states of India?
    A. Bihar B. Andhra Pradesh C. Arunachal Pradesh D. Madhya Pradesh Answer: C

Q26. Baglihar Hydro Electric Power Project is located in which of the following Indian states?
    A. Himachal Pradesh B. Uttarakhand C. Punjab D. Jammu and Kashmir Answer: D

Q27. The Nanda Devi National Park is located in which of the following states of India?
    A. Himachal Pradesh B. Uttarakhand C. Assam D. Odisha Answer: B

Q28. Where is world’s largest River Island Majuli situated on Brahmaputra River?
    A. Goa B. Maharastra C. Manipur D. West Bengal Answer: D

Q29. Which of the following vitamins is necessary for blood clotting?
    A. Vitamin - C B. Vitamin - A C. Vitamin – D D. Vitamin – K Answer: D

Q30. What is the full form of DVD?
    A. Demand Video Disc B. Digital Volatile Disc C. Digitally Viable Disc D. Digital Versatile Disc Answer: D
Q1. CTS-2010 is related to which banking instrument?
    A. ATM B. Credit Card C. Cheque D. Drafts Answer: C

Q2. A cheque issued by a holder to the payee for the upcoming withdrawn date. It is called _________.
    A. Post Dated Cheques B. Anti Dated Cheques C. Stale Cheque D. Order Cheque Answer: A

Q3. What percentage of FDI is allowed in Insurance Sector in India?
    A. 26% B. 94% C. 51% D. 49% Answer: D

Q4. When was the first Basel norm introduced by Basel Committee on Banking Supervision (BCBS)?
    A. 1988 B. 1991 C. 2000 D. 2005 Answer: A

Q5. Which of the following is the oldest stock exchange of Asia?
    A. NSE B. Hang Seng Index C. Nikkei 225 D. BSE Answer: D

Q6. What is ‘B’ stand for in the FIPB?
    A. Bank B. Bureau C. Board D. Base Answer: C

Q7. Nikkei 225 is a famous stock exchange. It is situated in __________.
    A. South Korea B. Japan C. Hong Kong D. China Answer: B

Q8. The Reserve Bank of India will make available the NEFT system on a 24×7 basis from December 2019 as per the Payment System Vision 2021 document. NEFT stands for ____________
    A. National Electronic Funds Transaction B. National Electronic Funds Treaty C. National Electronic Funds Transfer D. National Electronic Financial Transfer Answer: C

Q9. Which bank have partnered with digital healthcare platform Practo to launch an industry-first co-branded health credit card?
    A. HDFC Bank B. ICICI Bank C. Yes Bank D. RBL Bank Answer: D

Q10. State Bank of India’s (SBI) Shanghai branch is now connected to CNAPS. What is the full form of CNAPS?
    A. China’s National Advance Public System B. China’s Nominal Advance Payment Security C. China’s National Advance Payment Service D. China’s National Advance Payment System Answer: D

Q11. Which bank launched the lending program Smart Edge for MSMEs?
    A. ICICI Bank’ B. HDFC Bank C. Yes Bank D. Axis Bank Answer: C

Q12. Bharat QR is a QR based payment solution that represents a new channel of initiating and accepting payments between buyers and sellers using a mobile phone. What does the letter ‘R’ represent in ‘QR’ code?
    A. Readable B. Result C. Response D. Requiring Answer: C

Q13. Motor Vehicles (Amendment) Bill 2019 focuses on ___.
    A. using CNG by all vehicles B. enforcing stricter penalties for road traffic violations C. ensuring the safety of women while driving D. banning old diesel vehicles Answer: B

Q14. As per the Budget 2019-20, one woman per SHG will be made eligible for a loan up to ____ under the MUDRA Scheme.
    A. Rs. 25,000 B. Rs. 50,000 C. Rs. 75,000 D. Rs. 1 lakh Answer: D

Q15. Which of the following banks is a specialized nancial institution for nancing, facilitating and promoting foreign trade of India?
    A. EXIM Bank B. SIDBI C. RBI D. IRDAI Answer: A

Q16. What is the 'First Life Insurance Company' in India established in 1818?
    A. New India Assurance Company Limited B. Life insurance Corporation C. Oriental Life Insurance Company D. United India Insurance company limited Answer: C

Q17. Banks dealing in insurance product have to take prior approval of ________________.
    A. RBI B. IBA C. IRDAI D. Both A and C Answer: C

Q18. If two parallel lines are drawn on the front part of a cheque, it is called ___.
    A. Crossed Cheque B. Open Cheque C. Slate Cheque D. Traveller Cheque Answer: A

Q19. Kisan Credit Card (KCC) scheme was prepared by ______.
    A. Reserve Bank of India (RBI) B. NABARD C. Govt. of India D. Indian Banks Answer: B

Q20. 'Cheque' and Demand Draft' come under the purview of which of the following Acts?
    A. Banking Regulation Act, 1949 B. The Banking Companies Act–1949 C. Chit Fund Act–1982 D. Negotiable Instrument Act, 1881 Answer: D

Q21. In which of the following cities is the headquarter of the Small Industries Development Bank of India (SIDBI) located?
    A. Allahabad B. Mumbai C. New Delhi D. Ahmedabad Answer: B

Q22. What is the meaning of “Credit Creation”?
    A. Power of Commercial Banks to expand deposits through loans, advances, and investments. B. Power of RBI to print more currency. C. The greater emphasis of Government on increasing the purchasing power of the public. D. Effort by Government to connect people to formal banking services Answer: A

Q23. Which of the following banks has announced to organize 1,000 Grameen loan melas over the next six months with an aim to expand its retail portfolio?
    A. ICICI Bank B. HDFC Bank C. Axis Bank D. Yes Bank Answer: B

Q24. Recently Ministry of Statistics and Programme Implementation has decided to conduct the Economic Census after an interval of how many years?
    A. 4 B. 5 C. 3 D. 2 Answer: C

Q25. Reserve Bank of India comes out with draft norms for ‘on-tap’ licensing of Small Finance Banks (SFBs). In the draft guidelines, the RBI has proposed the minimum paid-up equity capital of ________ for the SFBs
    A. ₹100 crore B. ₹200 crore C. ₹300 crore D. ₹400 crore Answer: C

Q26. Bandhan Bank in association with which of the following banks has launched a co-branded credit card?
    A. ABN Amro Bank B. HSBC Bank C. Standard Chartered Bank D. Federal Bank Answer: C

Q27. The Reserve Bank of India (RBI) will allow customers to make recurring payments of less than _________ without the two factors authentication process by giving an e-mandate from September.
    A. Rs.1000 B. Rs.2000 C. Rs.3000 D. Rs.4000 Answer: B

Q28. Which bank has decided to remove the charges on fund transfer through mobile phones using the IMPS (Immediate Payment Service? from 1st Aug 2019?
    A. Bank of Baroda B. State Bank of India C. Punjab National Bank D. ICICI Bank Answer: B

Q29. As of now, China has the highest forex reserves in the world, what is the position of India as a holder of Foreign Exchange Reserve?
    A. Third B. Fourth C. Fifth D. Sixth Answer: D

Q30. Who will be the head of the SEBI expert committee to suggest the norms for social stock exchanges?
    A. Bimal Jalan B. Usha Thorat C. Ishaat Hussain D. Rajiv Kumar Answer: C
Q1. The 5th edition Indian International Science Festival (IISF) will be organized in which place from 5 to 8 November 2019?
    A. Bengaluru B. Hyderabad C. Bhopal D. Kolkata Answer: D

Q2. In September 2019, in which of the states a three-day-long traditional 'Neermahal Jal Utsav' was celebrated with eyecatching boat race and swimming competitions?
    A. Kerala B. West Bangladesh C. Jammu and Kashmir D. Tripura Answer: D

Q3. The Golden Jubilee Edition of International Film Festival of India (IFFI) will be held in____.
    A. Pune B. Ranchi C. Panaji D. Kolkata Answer: C

Q4. How many bits is a byte?
    A. 4 B. 32 C. 8 D. 16 Answer: C

Q5. Unied Payments Interface (UPI) has built on the _____ platforms.
    A. Initial Payment Service B. Immediate Paid Scheme C. Income Payment Service D. Immediate Payment Service Answer: D

Q6. What is the tenure of Vice President of India?
    A. 7 years B. 4 years C. 6 years D. 5 years Answer: D

Q7. Kuchipudi, an Indian classical Dance form, belongs to which state?
    A. Manipur B. Kerala C. Karnataka D. Andhra Pradesh Answer: D

Q8. Where is Grand Canyon located?
    A. South Australia B. Antarctica C. Spain D. Arizona Answer: D

Q9. Dr. Salim Ali Bird Sanctuary is located in which state of India?
    A. Manipur B. Tripura C. Odisha D. GoaAnswer: D

Q10. In which of the following states is the Kundankulam Nuclear Power Plant located?
    A. Tamilnadu B. Karnataka C. Kerala D. Andhra Pradesh Answer: A

Q11. The headquarters of the World Economic Forum (WEF) is located in _____________.
    A. Washington D.C. B. New York C. Geneva D. Vienna Answer: C

Q12. In which state, Dachigam Wildlife Sanctuary is located?
    A. Kerala B. Madhya Pradesh C. Jammu and Kashmir D. Haryana Answer: C

Q13. National Philatelic Museum is located in _______?
    A. Calcutta B. Sikkim C. New Delhi D. ChennaiAnswer: C

Q14. The Khangchendzonga National Park is located in which of the following state of India?
    A. Uttarakhand B. Assam C. Uttar Pradesh D. Sikkim Answer: D

Q15. The great Victoria Desert is located in_____.
    A. Canada B. West Africa C. Australia D. North America Answer: C

Q16. Begumpet Airport is located in which of the following states?
    A. Telangana B. Andhra Pradesh C. Tamil Nadu D. Karnataka Answer: A

Q17. Cuttak city is located on which of the following river?
    A. Damodar B. Ganga C. Mahanadi D. Brahmani Answer: C

Q18. On which of the following dates the International Translation Day is celebrated every year?
    A. 26th September B. 27th September C. 28th September D. 30th September Answer: D

Q19. What is the currency of Czech Republic?
    A. Dinar B. Euro C. Koruna D. Krone Answer: C

Q20. Which is the capital of Vietnam?
    A. Manama B. Dhaka C. Thimphu D. Hanoi Answer: D

Q21. Where is the headquarter of Corporation Bank?
    A. Allahabad B. New Delhi C. Mumbai D. Mangalore Answer: D

Q22. What is the tagline of Indian Bank?
    A. Your own bank B. One family, one bank C. Good people to grow with D. Your trusted bank Answer: A

Q23. Scheduled Banks are classified into which of the following categories?
    A. Nationalized Banks B. Regional Rural Banks (RRB) C. Foreign Banks D. All of the Above Answer: D

Q24. Which of the following agencies is associated with the business of Insurance sector as a regulator?
    A. NPCI B. IRDAI C. SEBI D. AMFI Answer: B

Q25. Punjab National Bank was established in which of the following years?
    A. 1881 B. 1894 C. 1913 D. 1917 Answer: B

Q26. A Business Entity entered into two or more business entities, known as:
    A. Mergers B. Amalgamation C. Joint Venture D. Partnership Answer: C

Q27. Which of the following payment technology company, has signed up the world badminton champion Pusarla Venkata Sindhu as its brand ambassador for two years?
    A. Master Card B. Rupay Card C. Visa Card D. Maestro Card Answer: C

Q28. Which bank has associated with the Confederation of All India Traders to launch “Digi Vyapari-Safal Vyapari” scheme?
    A. HDFC Bank B. ICICI Bank C. Axis Bank D. Yes Bank Answer: A

Q29. Which of the following bank enter in partnership with Indian Oil and launched a co-branded fuel card for users from non-metro cities and towns which will be available on both RuPay and Visa platforms?
    A. ICICI Bank B. Axis Bank C. Yes Bank D. HDFC Bank Answer: D

Q30. Which bank launched a Preventive Vigilance (PV) portal, recently?
    A. PNB B. BOB C. IOB D. UCO Bank Answer: A
Q1. What is the current repo rate?
    A. 5.40% B. 5.15% C. 5.65% D. 5.65% Answer: A

Q2. What is the Current reverse repo rate?
    A. 5.40% B. 5.15% C. 5.65% D. 5.65% Answer: B

Q3. Multilateral Investment Guarantee Agency is related with which of the following bank/organization?
    A. World Bank B. International Monetary Fund C. Asian Development Fund D. New Development Bank Answer: A

Q4. Keshav R. Murugesh is related with which of the following organization?
    A. NASSCOM B. NDB C. YES Bank D. ICICI Bank Answer: A

Q5. ______ is the difference between the value of a country’s imports and exports for a given period.
    A. Capital Market B. Balance of Trade C. Balance of Payments D. Money Market Answer: B

Q6. Dhanlaxmi Bank Ltd is an old private sector bank headquartered in Thrissur City, _______.
    A. Kerala B. Tamil Nadu C. Odisha D. Andhra Pradesh Answer: A

Q7. Which of the following is the sensitive index of National Stock Exchange?
    A. Nifty B. Sensex C. MCX D. CNX Answer: A

Q8. Which of the following is a programme to develop Health Services in Rural India?
    A. NHDP B. INNORM C. ASHA D. MGNREGA Answer: C

Q9. Many times we read about SHGs in financial newspapers. What is the full form of the term?
    A. Small Help Groups B. Self Help Groups C. Small Hope Growths D. Self Hope Groups Answer: B

Q10. ’CAMELS” rating refers to which of the following?
    A. Capital markets B. Banks C. Markets D. None of these Answer: D

Q11. Where is the headquarters of SEBI located?
    A. Chennai B. Mumbai C. Hyderabad D. Ranchi Answer: B

Q12. US sanctions which country’s central bank in highest ever sanctions on a nation?
    A. Indonesia B. Iran C. Saudi Arabia D. Australia Answer: B

Q13. Which of them has tightens norms for banks to settle failed transactions?
    A. Asian Developmental Bank B. Reserve Bank of India C. HSBC Bank D. Detusche Bank Answer: B

Q14. Public Sector Banks to organise loan melas in how many districts in India?
    A. 280 B. 400 C. 520 D. 630 Answer: B

Q15. Centre Government has reduced the income-tax rate for any new domestic company in manufacturing to _______.
    A. 10% B. 8% C. 15% D. 21% Answer: C

Q16. Which of the following bank launched co-branded credit card with LIC?
    A. Yes Bank B. Canara Bank C. Dena Bank D. IDBI Bank Answer: D

Q17. ______ million dollar loan agreement was signed by India and Asian Development Bank.
    A. 200 B. 190 C. 185 D. 165 Answer: A

Q18. State Bank of India revised service charges for deposits and withdrawals from which month?
    A. December 2019 B. September 2019 C. October 2019 D. January 2019 Answer: C

Q19. RBI formed a committee in __________, which was headed by SEBI Chairman UK Sinha.
    A. May 2019 B. June 2019 C. July 2019 D. August 2019 Answer: B

Q20. How many basis points did the SBI reduced as its fifth-rate cut on loan interest?
    A. 10bps B. 15bps C. 20bps D. 25bps Answer: A

Q21. Wher e is the headquarters of State Bank of India located?
    A. Chennai B. Mumbai C. Hyderabad D. Patna Answer: B

Q22. Which bank became the first Indian bank to have office in Australia's Victoria?
    A. Vijaya Bank B. State Bank of India C. Canara Bank D. Yes Bank Answer: B

Q23. Which of the following bank obtained the top rank in the BrandZ Top 75 Most Valuable Indian Brands?
    A. HDFC Bank B. Canara Bank C. Yes Bank D. State Bank of India Answer: A

Q24. ICICI will open ________ branches by next financial year.
    A. 685 B. 450 C. 385 D. 195 Answer: B

Q25. In which year National Service Scheme (NSS) launched?
    A. 1958 B. 1969 C. 1978 D. 1973 Answer: B

Q26. In which year, Punjab and Maharashtra Cooperative Bank was founded?
    A. 1998 B. 1984 C. 1986 D. 1996 Answer: B

Q27. Who is appointed as the MD & CEO of Federal Bank?
    A. Shyam Srinivasan B. Suresh kumar C. Dinesh Gupta D. Vikram Sharma Answer: A

Q28. Which insurance company has signed a corporate agency pact with Repco Home Finance?
    A. Aditya Birla Life Insurance B. SBI Life Insurance C. Aviva Life Insurance D. Kotak Mahindra Life Insurance Answer: B

Q29. Who is the present Chairman of Bank of Baroda?
    A. Sayajirao Gaekwad B. P. S. Jayakumar C. Rajkumar Singh D. Hasmukh Adhia Answer: D

Q30. By which name a portal was developed by Bank of Baroda for farmers?
    A. Baroda Kisan B. Kisan Welfare C. BOB Bharat Kisan D. Insure Kisan Answer: A
Q1. A _____________ cheque is any cheque that is crossed with two parallel lines.
    A. payee B. crossed C. signal D. drawer Answer: B

Q2. Caixa Bank has been headquartered in-
    A. United Kingdom B. Spain C. Singapore D. South Africa Answer: B

Q3. Capital market can be divided into
    A. stock market B. bond market C. personal securities market D. both (a) and (b) Answer: D

Q4. The Headquarters of Capital Local Area Bank is situated in _______
    A. Amritstar, Punjab B. Ludhiana, Punjab C. Bathinda, Punjab D. Jalandhar, Punjab Answer: D

Q5. What are the facilities available to the customers through ATM-?
    A. Cash withdrawal subject to a predetermined limit per day B. Cash deposit C. Balance inquiry D. All of the above Answer: D

Q6. RBS Bank has been headquartered in-
    A. Glasgow, United Kingdom B. Edinburgh, United Kingdom C. Skye, United Kingdom D. Aberdeen, United Kingdom Answer: B

Q7. What are the main objectives of the SEBI?
    A. To protect the interests of investors in securities market B. To promote the development of securities market C. To promote and regulate self-regulatory organizations D. All of the above Answer: D

Q8. DBS Bank has been headquartered in-
    A. United Kingdom B. Spain C. Singapore D. South Africa Answer: C

Q9. The Reserve Bank has adopted a number of credit control measures to check the inflationary tendencies in the country. Which of the following is not them?
    A. Bank Rate B. Net Liquidity Ratio C. Income Tax D. Statutory Liquidity Ratio Answer: C

Q10. Where is the headquarters of Yes Bank?
    A. Pune B. Hyderabad C. Chennai D. Mumbai Answer: D

Q11. How many types of PSLCs can be issued by the Banks?
    A. Four B. Five C. Six D. Eight Answer: A

Q12. Which of the following is included in bancassurance?
    A. Insurance policies issued by the banks in their names B. Selling by a bank the insurance policies of its ancillary insurance company C. Selling by a bank the insurance policies of any insurance company D. All of the above Answer: D

Q13. What is the loan limit for education in the country under priority sector?
    A. Rs 15 lakh B. Rs 10 lakh C. Rs 8 lakh D. Rs 20 lakh Answer: B

Q14. One of the most effective instruments of monetary policy is the bank rate. A bank rate is essentially the rate at which the ___________lends money to commercial banks without any security or collateral.
    A. RBI B. SEBI C. Government of India D. Finance Ministry Answer: A

Q15. How many sub-categories are classified under Agriculture sector?
    A. Four B. Five C. Six D. Three Answer: D

Q16. __________________ is the rate at which the Reserve Bank is ready to buy or rediscount bills of exchange or other commercial papers.
    A. Bank Rate B. CRR C. Repo Rate D. PLR Answer: A

Q17. PPP is a theory that measures prices at different locations using a common basket of goods. What is the full form of PPP?
    A. Personal Private Power B. Primary Power Parity C. Personal Private Parity D. Purchasing Power Parity Answer: D

Q18. What is the minimum amount of transfer required for RTGS is _____.
    A. Rs. 1 lakh B. Rs. 2 lakh C. Rs. 5 lakh D. Rs. 50,000 Answer: B

Q19. Who is the sole authority to issue and manage currency in India?
    A. State Bank of India B. Government of India C. Reserve Bank of India D. Finance Ministry Answer: C

Q20. In CRR, C stands for_______.
    A. Cash B. Company C. Core D. Currency Answer: A

Q21. MICR code is used for ________.
    A. For Code Banking Solution B. For Electronic Funds Transfer C. For Electronic Clearance of Cheques D. For Cheque Truncation Services Answer: C

Q22. The Statutory Liquidity Ratio (SLR), the amount of liquid assets such as cash, precious metals, and other short-term securities are kept with_______.
    A. RBI B. Individual banks C. SBI D. Finance Ministry Answer: B

Q23. As per the Banking Ombudsman Scheme, any person can file a complaint before the Banking Ombudsman, if the satisfied reply is not received from the bank within a period of _________.
    A. 6 months B. 3 months C. 2 months D. 1 month Answer: D

Q24. Money lent for more than one day but less than 15 days in the money market is known as _______.
    A. Notice Money B. Call Money C. Term Money D. Week Money Answer: A

Q25. Smart Money is a term used for ________.
    A. Internet Banking B. Credit Card C. Mobile Apps D. Demand Drafts of Banks Answer: B

Q26. The Indian Financial System Code (IFS Code) is an alphanumeric code that uniquely identifies a bank-branch participating in the two main Electronic Funds Settlement Systems in India. IFSC code consists of how many alphanumeric codes?
    A. 10 B. 11 C. 9 D. 12 Answer: B

Q27. Which among the following committee constituted on Payment Banks license?
    A. Dr. Nachiket Mor B. Deepak Mohanty C. AC Shan D. BD Thakur Answer: A

Q28. SARFAESI Act 2002 related to _________.
    A. Acquisition of small banks B. Fixation of interest rates C. Recovery of bad loans D. Regulation of foreign exchange Answer: C

Q29. What is the full form of NDTL?
    A. Net Demand and Term Liability B. Net Demand and Time Liquidity C. Net Demand and Trade Liquidity D. Net Demand and Time Liability Answer: D

Q30. Magnetic Ink Character Recognition (MICR) is a 9 digits code is used mainly by the banking industry to ease the processing and clearance of cheques and other documents. The first three digits represent the ________.
    A. Bank B. City C. State D. Branch Answer: B
Q1. In India, Mutual Funds are regulated by-?
    A. Securities and Exchange Board of India B. Reserve Bank of India C. State Bank of India D. Small Industrial Development Bank of India Answer: A

Q2. KYC Compliance is done to-
    A. Identify a person B. To know the address of a person C. To ensure the genuineness the person’s identity as mentioned in the application and to verify the correctness of address D. Concern state government Answer: C

Q3. What is the full form of MICR?
    A. Magnetic Ink Character Recognition B. Maximum Individual Cancer Risk C. Michigan Incident Crime Reporting D. Magnetic Ink Check Reader Answer: A

Q4. Open Money Market is a place for selling and buying of a financial instrument by _______.
    A. All financial institutions B. Only by Commercial Banks C. Only by Common Banks D. Indian Government Answer: A

Q5. Which of the following is the first commercial bank to launch mutual fund?
    A. State Bank of India B. Canara Bank C. Punjab National Bank D. Bank of India Answer: A

Q6. Who can invest in a commercial paper?
    A. Individuals B. Banking Companies C. Corporate bodies registered or incorporated in India and unincorporated bodies, Non- Resident Indians (NRIs) and Foreign Institutional Investors (FIIs) D. All of the above Answer: D

Q7. The committee on Banking Regulations and Supervisory Practices which released the agreed framework on international convergence of capital measures and capital standards in July 1988 is popularly known as _______.
    A. Vaz Committee B. Cooks Committee C. Basel Committee D. Rao Committee Answer: C

Q8. In present, Reverse Repo rate is the rate at which RBI Pays interest to Commercial Banks and it is linked to Repo Rate and the rate is-?
    A. 1% above Repo Rate B. 0.25% below Repo Rate C. Same as Repo Rate D. 1% below Repo Rate Answer: B

Q9. Which is the first Indian Private Sector Bank set up a branch in China?
    A. ICICI Bank B. Syndicate Bank C. Axis Bank D. HDFC Bank Answer: C

Q10. Which of the following rates is not decided by the RBI?
    A. Bank Rate B. Repo Rate C. Reverse Repo Rate D. Prime Lending Rate Answer: D

Q11. Which of the following is NOT a function of the Reserve Bank of India?
    A. Fiscal Policy Functions B. Exchange Control Functions C. Issuance, Exchange and destruction of currency notes D. Monetary Authority Functions Answer: A

Q12. With a view to facilitate payment of the balance in the deposit account to the person named by the depositor without any hassles in the event of the death of the account holder, the following facility was introduced for bank accounts in our country-
    A. Will B. Registration C. Nomination D. Indemnity Answer: C

Q13. Banks in our country normally publicize that additional interest rate is allowed on retail domestic term deposits of________.
    A. Minors B. Married women C. Senior citizens D. Govt. employees Answer: C

Q14. On which one of the following issues IMF has supported the monetary policy of India?
    A. Introduction of GST. B. The stimulus for the agriculture sector C. Concessions for foreign investment D. Tightening of monetary policy Answer: B

Q15. In the term STRIPS, the first “S? denotes-?
    A. Single B. Small C. Special D. Separate Answer: D

Q16. A savings as well as current account should be treated as inactive if there are no transactions in the account for over a period of _____ months.
    A. 24 months B. 30 months C. 12 months D. 06 months Answer: C

Q17. CDR mechanism is a voluntary non-statutory mechanism under which financial institutions and banks come together to restructure the debt of companies facing financial difficulties due to internal or external factors, in order to provide timely support to such companies. What is the meaning of “R” in CDR?
    A. Regulation B. Reserve C. Restructuring D. Ratio Answer: C

Q18. What is the minimum amount required to open a Fixed Deposit (FD)?
    A. Rs. 1000 B. Rs. 100 C. Rs. 500 D. Rs. 300 Answer: A

Q19. If one is not satisfied with the decision passed by the Banking Ombudsman, one can approach the appellate authority to _______.
    A. Governor of RBI B. Deputy Governor of the RBI C. Finance Secretary D. Finance Minister Answer: B

Q20. Headquarters of National Investment and Infrastructure Fund (NIIF) is located at ________.
    A. New Delhi B. Hyderabad C. Mumbai D. Kolkata Answer: C

Q21. MSME sector shall be reckoned in computing achievement under the overall Priority Sector target of 40 percent of ANBC. What is the full form of ANBC?
    A. Adjusted Net Bank Core B. Adjusted Net Bank Credit C. Adjusted Net Bank Cash D. Adjusted Net Bank Common Answer: B

Q22. _______________ is a situation in which the inflation rate is high, the economic growth rate slows, and unemployment remains steadily high.
    A. Inflation B. Deflation C. Stagflation D. All of the above Answer: C

Q23. Which bank has become the first private sector bank to sell Indian gold coins?
    A. Dhanlaxmi Bank B. Federal Bank C. ICICI Bank D. IndusInd Bank Answer: B

Q24. Which of the following can invest in the commercial paper?
    A. Corporate B. Primary Dealers C. All-India Financial Institutions D. All of the Above Answer: D

Q25. Section 80E of the Income Tax Act provides for deduction of interest paid on Education or study loan is taken for higher education. Deduction under section 80E is available for _____
    A. 2 years B. 4 years C. 8 years D. 10 years Answer: C

Q26. What is the full form of FCCB?
    A. Foreign Currency Convertible Bond B. Foreign Currency credit Bond C. Financial Consortium and Credit Bureau D. Future Credit and Currency Bureau Answer: A

Q27. Which of the following institutions is responsible for the supervision of RRBs?
    A. RBI B. SEBI C. NABARD D. GOI Answer: C

Q28. With which article of the Indian Constitution is Money Bill related?
    A. Article 110 B. Article 109 C. Article 108 D. Article 107 Answer: A

Q29. RBS Bank has been headquartered in-?
    A. Glasgow, United Kingdom B. Edinburgh, United Kingdom C. Skye, United Kingdom D. Aberdeen, United Kingdom Answer: B

Q30. National Housing Bank (NHB), a wholly-owned subsidiary of _________
    A. RBI B. Government of India C. IRDAI D. State Government Answer: B
Q1. Where is the Headquarters of SAARC located?
    A. New York B. Kathmandu C. Paris D. Vienna Answer: B

Q2. In which year, a new sub-regional grouping was formed in Bangkok under the name BIST-EC (Bangladesh, India, Sri Lanka, and Thailand Economic Cooperation)?
    A. 1990 B. 1995 C. 1997 D. 2000 Answer: C

Q3. BRICS is an association of five major emerging national economies. In BRICS, S stands for _______.
    A. Switzerland B. Spain C. South Africa D. South America Answer: C

Q4. UNESCO implements its activities through the five programme areas. Which of the following activity is not the part of UNESCO’s activities?
    A. Education B. Culture C. Natural Science D. Human and Social Science Answer: D

Q5. In which of the following country, the headquarters of NATO is situated?
    A. Netherland B. Belgium C. Switzerland D. Saudi Arabia Answer: B

Q6. Henrietta H. Fore is associated with which of the following organization?
    A. UNESCO B. OPEC C. UNICEF D. IMF Answer: C

Q7. Takehiko Nakao is the president of which of the following bank/organization?
    A. Asian Development Bank B. New Development Bank C. World Bank D. Shanghai Cooperation Organization Answer: A

Q8. “Committee on Comprehensive Financial Services for Small Businesses and Low Income Households” was formed by the RBI for establishment of payment banks. Who was the head of this committee?
    A. Nachiket Mor B. D Subbarao C. C Rangarajan D. Raghuram Rajan Answer: A

Q9. What is the minimum paid-up equity capital for small finance banks?
    A. 100 crore B. 200 crore C. 50 crore D. 150 crore Answer: A

Q10. India Post Payments Bank (IPPB) is a ________ government owned payments bank operating under the Department of Posts, Ministry of Communications.
    A. 80% B. 50% C. 51% D. 100% Answer: D

Q11 In which year, India Post got license to run a payments bank from Reserve Bank of India?
    A. 2001 B. 2014 C. 2010 D. 2015 Answer: C

Q12 Which of the following banks cannot issue loans and credit cards?
    A. Commercial Banks B. Payments Banks C. Small Finance Banks D. Post Payment Banks Answer: B

Q13 What is the full form of ANBC?
    A. Adjusted Net Bank Credit B. Adjusted Net Bank Cashlimit C. Adequate Net Bank Credit D. Adjusted Non-Banking Credit Answer: A

Q14. ______ defines a standard format of Business Identifier Codes approved by the International Organization for Standardization (ISO). It is a unique identification code for both financial and non-financial institutions.
    A. ISO 9362 B. ISO 639 C. ISO 3166 D. ISO/IEC 7064 Answer: A

Q15. Which of the following organization, was founded in Brussels in 1973 under the leadership of its inaugural CEO, Carl Reuterskiöld (1973–1989), and was supported by 239 banks in fifteen countries.
    A. World Bank B. SWIFT C. ISO D. International Monetary Fund Answer: B

Q16. Who is the regulator of Money market in India?
    A. Reserve Bank of India B. Securities and Exchange Board of India C. NITI Aayog D. Government of India Answer: A

Q17. In which year, Government of India has allowed foreign investment in the Indian securities through the issue of Global Depository Receipts (GDRs) and Foreign Currency Convertible Bonds (FCCBs)?
    A. 1990 B. 1992 C. 1994 D. 1996 Answer: B

Q18. Which type of banking was first started in India in 1967 by Grindlays Bank. It has made rapid progress since 1970.
    A. Commercial B. Cooperative C. Social D. Merchant Answer: D

Q19. The government decided to nationalize 14 major commercial banks on 19th July, 1969. All commercial banks with a deposit base over ______ were nationalized.
    A. Rs 50 crore B. Rs 80 crore C. Rs 100 crore D. Rs 500 crore Answer: A

Q20. Which of the following was the first development bank in India. It started in 1948 to provide finance to medium and large-scale industries in India?
    A. Industrial Finance Corporation of India (IFCI) B. Industrial Development Bank of India (IDBI) C. Small Industries Development Bank of India (SIDBI) D. National Bank for Agriculture & Rural Development (NABARD). Answer: A

Q21. Which of the following country, received first loan from World Bank loan?
    A. USA B. Germany C. France D. Japan Answer: C

Q22. In which year, HDFC Asset Management Company was established?
    A. 1990 B. 1999 C. 2000 D. 2016 Answer: B

Q23. Where is the headquarters of ICICI Prudential Mutual Fund located?
    A. Mumbai B. New Delhi C. Kolkata D. Chennai Answer: A

Q24. Oriental Life Insurance Company was started by Anita Bhavsar in _______ to cater to the needs of European community.
    A. Mumbai B. New Delhi C. Kolkata D. Chennai Answer: C

Q25. Life insurance in India was completely nationalized on _________, through the Life Insurance Corporation Act.
    A. 19 January 1955 B. 19 January 1957 C. 19 January 1958 D. 19 January 1956 Answer: D

Q26. Jio Payments Bank is an Indian payments bank that started operations from ______.
    A. 2015 B. 2018 C. 2016 D. 2019 Answer: B

Q27. Jio Payments Bank Limited is a joint venture between the Reliance Industries and which bank with the stake of 70:30?
    A. Reserve Bank of India B. Bank of Baroda C. State Bank of India D. Punjab National Bank Answer: C

Q28. Vijay Shekhar Sharma is the founder of which bank/organization?
    A. Kotak Mahindra Bank B. Paytm C. Uber D. Airtel Payment Bank Answer: B

Q29. Where is the headquarters of Ujjivan Small Finance Bank Limited located?
    A. Thrissur B. Ahmadabad C. Kolkata D. Bangalore Answer: D

Q30. Deutsche Bank AG is a _________ multinational investment bank and financial services company.
    A. Japanese B. American C. Russian D. German Answer: D
Q1. The Banking Ombudsman Scheme is introduced under ________ of the Banking Regulation Act, 1949 by RBI with effect from 1995.
    A. Section 36 A B. Section 35 A C. Section 37 A D. Section 33 A Answer: B

Q2. Which banks is/are covered under the Banking Ombudsman Scheme, 2006?
    A. All Scheduled Commercial Banks B. Regional Rural Banks C. Scheduled Primary Co-operative Banks D. All of these Answer: D

Q3. Which of the following banks are licensed under Section 22 of the Banking Regulation Act, 1949 and are governed by the provisions of RBI Act, 1934 and FEMA?
    A. Small Finance Banks B. Payment Banks C. Post Payment Banks D. NBFC Answer: A

Q4. K V Kamath is associated with which of the following banks?
    A. Asian Development Bank B. New Development Bank C. World Bank D. IMF Answer: B

Q5. ______ were set up on the recommendations of the Narasimham Working Group.
    A. Regional Rural Banks B. NABARD C. SIDBI D. SEBI Answer: A

Q6. The initial minimum capital requirement of ?100 crore is mandatory for _______.
    A. Small Finance Banks B. Payment Banks C. Post Payment Banks D. NBFC Answer: B

Q7. Export Credit Guarantee Corporation of India Ltd. (ECGC) is a Government of India Enterprise founded on _____.
    A. 30 July 1957 B. 30 July 1956 C. 30 July 1955 D. 30 July 1954 Answer: A

Q8. Anyonya Co-operative Bank Limited (ACBL) organized in 1889 located in __________ in Gujarat, is the first co-operative bank in India.
    A. Vadodara B. Ahmedabad C. Gandhi Nagar D. Surat Answer: A

Q9. Bharatiya Reserve Bank Note Mudran Private Limited (BRBNMPL) is one of the wholly owned subsidiaries of the _______.
    A. RBI B. GOI C. SBI D. NABARD Answer: A

Q10. The Bharatiya Reserve Bank Note Mudran Private Limited has been registered as a Private Limited Company under the Companies Act, _____.
    A. 1950 B. 1956 C. 2013 D. 2016 Answer: B

Q11. Which of the following rate is not associated with banking?
    A. Bank Rate B. Interest Rate C. Health Rate D. Repo Rate Answer: C

Q12. Which of the following bank is related with housing finance?
    A. DICGC B. ICICI C. NHB D. YES Bank Answer: C

Q13. In which year, Bandhan Bank was established?
    A. 2015 B. 1999 C. 2000 D. 2018 Answer: A

Q14. Where is the headquarters of South Indian Bank is located?
    A. Thrissur B. Mumbai C. Lucknow D. Noida Answer: A

Q15. According to which act, National Housing Bank was established?
    A. National Housing Bank Act, 1988 B. National Housing Bank Act, 1987 C. National Housing Bank Act, 1998 D. National Housing Bank Act, 1976 Answer: B

Q16. In which year, Export Import Bank of India was established?
    A. 1980 B. 1981 C. 1982 D. 1983 Answer: C

Q17. Where is the headquarters of Yes Bank located?
    A. New Delhi B. Mumbai C. Kolkata D. Chennai Answer: B

Q18. Rakesh Sharma is associated with which of the following bank?
    A. SBI B. RBI C. IDBI D. NABARD Answer: C

Q19. Which Bank is India’s largest private sector lender by assets?
    A. SBI B. HDFC C. ICICI D. IDBI Answer: B

Q20. Which of the following bank was merged with Times Bank in February 2000?
    A. SBI B. HDFC C. ICICI D. IDBI Answer: B

Q21. Where is the headquarters of DCB Bank located?
    A. Mumbai B. New Delhi C. Kolkata D. Chennai Answer: A

Q22. In which year, Nainital Bank was established?
    A. 1990 B. 1992 C. 1994 D. 1996 Answer: B

Q23. Which of the following bank was established in 1916 by M. A. Venkatarama Chettiar and Athi Krishna Chettiar?
    A. Kotak Mahindra Bank B. Lakshmi Vilas Bank C. Karur Vyasya Bank D. Dhanlaxmi Bank Answer: C

Q24. Which of the following bank celebrated its platinum jubilee in the year 2013?
    A. Jammu & Kashmir Bank B. Lakshmi Vilas Bank C. Karur Vyasya Bank D. Dhanlaxmi Bank Answer: A

Q25. What is the abbreviation of A in NASSCOM?
    A. Assets B. Association C. Agriculture D. Administration Answer: B

Q26. David Malpass is related with which of the following bank/organisation?
    A. World Bank B. International Monetary Fund C. Asian Development Fund D. New Development Bank Answer: A

Q27. Multilateral Investment Guarantee Agency is related with which of the following bank/organization?
    A. World Bank B. International Monetary Fund C. Asian Development Fund D. New Development Bank Answer: A

Q28. Keshav R. Murugesh is related with which of the following organization?
    A. NASSCOM B. NDB C. YES Bank D. ICICI Bank Answer: A

Q29. ______ is the difference between the value of a country’s imports and exports for a given period.
    A. Capital Market B. Balance of Trade C. Balance of Payments D. Money Market Answer: B

Q30. Dhanlaxmi Bank Ltd is an old private sector bank headquartered in Thrissur City, _______.
    A. Kerala B. Tamil Nadu C. Odisha D. Andhra Pradesh Answer: A
Q1. 'Howdy Modi' event where more than 50, 000 people gathered concluded in which place?
    A. Washington B. New York C. Chicago D. Huston Answer: D

Q2. UN Climate Action Summit, 2019 held in _____.
    A. Washington DC B. Geneva C. Paris D. New York Answer: D

Q3. Which state government has launched a housing loan subsidy scheme ‘Aponar Apon Ghar’ to provide financial assistance on the purchase or construction of the first house for a family?
    A. West Bengal B. Tripura C. Odisha D. Assam Answer: D

Q4. Which State will set up Atal Bihari Vajpayee residential schools for children of labourers in all 18 divisions of state?
    A. Uttarakhand B. Rajasthan C. Uttar Pradesh D. Punjab Answer: C

Q5. Which among the following countries won the Fiba Basketball World Cup 2019?
    A. Argentina B. Australia C. Spain D. France Answer: C

Q6. India clinched the Under-19 Asia Cup cricket tournament title by defeating which of the following countries?
    A. Pakistan B. Sri Lanka C. Afghanistan D. Bangladesh Answer: D

Q7. In August 2019, India and United Kingdom launched two-year joint initiative- Innovating for Clean Air (IfCA) in which city?
    A Kochi B Indore C Bengaluru D New Delhi Answer: C

Q8. Annual Joint Military Exercise ‘Maitree-2019’ which was conducted in September 2019 is between India and which country?
    A. Malaysia B. Thailand C. Myanmar D. Indonesia Answer: B

Q9. A book titled 'Indo-Pak relations: Beyond Pulwama and Balakot' is authored by ____.
    A. UV Singh B. Victoria Schofield C. Salman Rushdie D. Shuza Nawaz Answer: A

Q10. Who among the following has been awarded the SASTRA Ramanujan Prize for 2019?
    A. Winfried Kohnen B. Michael Schlosser C. Anand Kumar D. Adam Harper Answer: D

Q11. Which eminent mathematician has been awarded the ‘Education Excellence Award 2019’ in the US?
    A. Kannan Soundararajan B. Anand KumarSantosh C. VempalaLakshminarayanan D. Mahadevan Answer: B

Q12. The Union Finance Ministry has constituted an Inter-Ministerial Committee on Virtual Currency, which has submitted its report recommending a law to ban crypto currencies in India. Who was the chairman of the committee?
    A. Rajiv Kumar B. Ajay Narayan Jha C. Atanu Chakraborty D. Subhash Chandra Garg Answer: D

Q13. During the UN Climate Change Summit, 2019 the 16-year-old environmental activist Greta Thunberg shook world leaders with her speech at the United Nations, accusing world leaders of failing to take action on climate change. She belongs to which country?
    A. Sweden B. Norway C. Denmark D. Finland Answer: A

Q14. Conservative Party leader Boris Johnson has been elected as the new Prime Minister of _____.
    A. United Kingdom B. Australia C. Peru D. USA Answer: A

Q15. Which of the following ministries has launched ‘Digital Payment Abhiyan’ in collaboration with the Data Security Council of India (DSCI) and google India to increase awareness about digital transactions in India?
    A. Ministry of Finance B. Ministry of Commerce and Industry C. Ministry of Electronics and IT D. Ministry of Human Resource Development Answer: C

Q16. India’s First National Antimicrobial Resistance (AMR) Hub opened in which of the following cities?
    A. Bengaluru B. Mumbai C. Kolkata D. New Delhi Answer: C

Q17. Who among the following has been appointed as the new principal advisor to Prime Minister Narendra Modi?
    A. Pramod Kumar Mishra B. Nripendra Misra C. Pradeep Kumar Sinha D. Subhash Chandra Garg Answer: C

Q18. Who among the following has been appointed as the MD and CEO of Vodafone Idea?
    A. K Thangaraj B. Madhur Bhatia C. Ravinder Takkar D. Ankita Gulati Answer: C

Q19. Ayushman Bharat is renamed as PM Jan Arogya Yojana. What is the amount of insurance coverage provided under the Pradhan Mantri Jan Arogya Yojana (PMJAY)?
    A. Rs 5 lakh B. Rs 10 lakh C. Rs 12 lakh D. Rs 15 lakh Answer: A

Q20. Indian woman athlete Anupama Swain won the bronze medal in the recently (September 2019) concluded World Championship, she is associated with which sports?
    A. Squash B. Badminton C. Martial Arts D. Wrestling Answer: C

Q21. RBI implemented the Basel-III recommendations in India w.e.f______
    A. January 1, 2013 B. March 31, 2013 C. April 1, 2013 D. September 30, 2013 Answer: C

Q22. Basel III recommendations shall be completely implemented in India by_______
    A. March 31, 2020 B. March 31, 2019 C. March 31, 2018 D. March 31, 2021 Answer: B

Q23. Basel III capital regulations were released by Basel Committee on Banking Supervision (BCBS) as a Global Regulatory Framework for more resilient banks and banking systems on______________
    A. December 2010 B. March 2011 C. December 2011 D. December 2012 Answer: A

Q24. Basel III capital regulations are based on 3 mutually reinforcing pillars. These pillars are:
    I. Minimum Capital Standards II. Supervisory Review of Capital Adequacy III. Risk Management A. Only I & II B. Only I & III C. Only II & III D. All are correct Answer: A

Q25. To calculate capital adequacy ratio, the banks are required to take into account which of the following risks?
    A. Credit risk and Operational risk B. Credit risk and Market risk C. Market Risk and Operational Risk D. Credit Risk, Market risk and Operational risk Answer: D

Q26. As per the Basel III implementation in India, minimum Tier 1 capital must be _____ % of risk weighted assets on ongoing basis
    A. 5.5% B. 7% C. 9% D. 11% Answer: C

Q27. Which of the following statements is not correct regarding Basel III implementation in India?
    A. Minimum Tier 1 capital ratio should be 8% B. Maximum Tier 2 capital should be 2% C. The minimum total capital ratio should be 9% D. Minimum total capital ratio plus capital conservation buffer should be 11.5% Answer: A

Q28. The net stable funding ratio (NSFR) under Basel-III was implemented in India from_______
    A. January 1, 2017 B. April 1 ,2017 C. January 1, 2018 D. April 1 ,2018 Answer: C

Q29. As per Basel III, the risk of losses in on-balance sheet and off-balance sheet positions arising from movements in market prices is called___________
    A. Credit Risk B. Market Risk C. Pricing Risk D. Liquidity Risk Answer: B

Q30. Which among the following are domestic credit rating agencies approved by RBI for the purpose of credit rating to determine risk weight for rated exposures?
    I. Brickwork II. CARE III. FITCH IV. SMERA A. II AND IV B. I, II, III, IV C. I, II, IV D. II, III, IV Answer: C
Q1. The Reserve Bank of India (RBI) has made it mandatory for banks to link all new coating-rate loans for housing, auto and MSMEs (Micro and Small Enterprises) to the external benchmark rates. At present, interest rates on loans are linked to a bank’s
    A. Base Rate B. Benchmark Prime Lending Rate C. Repo Rate D. Marginal Cost of Lending Rate Answer: D

Q2. 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?
    A. Rs. 2 lakh B. Rs. 5 lakh C. Rs. 10 lakh D. No limit Answer: D

Q3. Which of the following institutions going to set up a Central Payment Fraud Registry to monitor digital payments related frauds on a real-time basis?
    A. Finance Ministry B. Reserve Bank of India C. National Payment Corporation of India D. State Bank of India Answer: B

Q4. Who will head the task force announced by RBI to examine issues related to offshore rupee markets?
    A. Viral Acharya B. Mahesh Kumar Jain C. Subramanian Swamy D. Usha Thorat Answer: D

Q5. As per new guidelines issued by RBI (Reserve Bank of India), what is the minimum average maturity period in External Commercial Borrowings (ECB) for working capital purposes?
    A. 11 years B. 10 years C. 8 years D. 5 years Answer: B

Q6. According to the Reserve Bank of India (RBI) data, which state has experienced the maximum number of ATM frauds?
    A. Bihar B. Odisha C. Maharashtra D. Haryana Answer: C

Q7. Which among the following denes “Utkarsh 2022”?
    A. It’s a scheme by MHRD for improving research quality. B. A program by NABARD to improve research extension facility C. A roadmap framed by RBI to improve regulation and supervision. D. A plan by the Ministry of defense to refurbish the aging Indian air force’s fleets. Answer: C

Q8. RBI has permitted Asset Reconstruction Companies (ARCs) to acquire financial assets from peers in the view of the amendment to which of the following Act?
    A. Industrial Disputes Act B. SARFAESI Act C. The Factories Act D. Banking Companies Act Answer: B

Q9. RBI has relaxed the leverage ratio for banks. The new leverage ratio for DSIB’s banks is?
    A. 3.5% B. 4% C. 2.8% D. 4.5% Answer: B

Q10. The Reserve Bank of India set how much percent base rate for Non-Banking Financial Companies (NBFCs) and Micro Finance Institutions (MFIs) to be charged from their customers?
    A. 6.05% B. 9.18% C. 4.51% D. 5.81% Answer: B

Q11. Who has resigned as Deputy Governor of Reserve Bank of India (RBI)?
    A. Mahesh Kumar Jain B. BP Kanungo C. N S Vishwanathan D. Viral V Acharya Answer: D

Q12. In June 2019, the Reserve Bank of India (RBI) conducted Financial Literacy Week. What is the theme of Financial Literacy week?
    A. Know Your Customer B. Customer Protection C. Farmers and how they benefit by being a part of the formal banking system D. Know Your Bank Answer: C

Q13. 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 ______.
    A. 5:00 PM B. 6:00 PM C. 7:00 PM D. 8:00 PM Answer: B

Q14. Which committee has been constituted by the Reserve Bank of India (RBI) on the Development of Secondary Market for Corporate Loans?
    A. AK Bhuchar Committee B. B Venkatappaiah Committee C. Goiporia Committee D. TN Manoharan Committee Answer: D

Q15. The Reserve Bank of India has decided to enhance the housing loan limits for Regional Rural Banks (RRBs) and Small Finance Banks (SFBs). What is the new limit set by RBI for metropolitan centers?
    A. INR 15 lakh B. INR 25 l kh C. INR 35 lakh D. INR 50 lakh Answer: C

Q16. Recently (September 2019) Economic Intelligence Unit (EIU) has released the world’s Safe City Index (SCI). Which city ends a top spot on the list?
    A. Singapore B. Osaka C. Melbourne D. Tokyo Answer: D

Q17. Power Minister R K Singh launched the State Rooftop Solar Attractiveness Index (SARAL) in New Delhi. Which state has emerged as the best state for setting up a rooftop solar project according to SARAL Index?
    A. Karnataka B. Gujarat C. Rajasthan D. Haryana Answer: A

Q18. According to the annual banking statistics report compiled by the Swiss National Bank (SNB), what is the rank of India in terms of money parked by its citizens with Swiss banks by the end of 2018?
    A. 81st B. 62nd C. 73rd D. 74th Answer: D

Q19. The term ‘BADLAV’ used in Economic Survey 2018-19 refers toC Rajasthan
    A. Gender Equality B. Open Defecation C. Swachh Bharat D. Insolvency and Bankruptcy Process Answer: A

Q20. Which of the following committees constituted by the Reserve Bank of India has recommended creating a loan contract registry to remove information asymmetries between buyers and sellers?
    A. TN Manoharan committee B. Harsh Vardhan committee C. Ramesh Chand committee D. V G Kannan committee Answer: A

Q21. In which year Public Debt Act was passed ?
    A. 1944 B. 1948 C. 1942 D. None of these Answer: A

Q22. What is the full form of ASBA ?
    A. Applicable Supported by Blocked Amount B. Already Supported by Blocked Amount C. Applications Supported by Blocked Amount D. None of these Answer: C

Q23. ‘Self Help Group’ is associated with which of the following Rural Development Programmes ?
    A. Pradhan Mantri Gram SadakYojana B. TRYSEM C. Swarna Jayanti Gram Swarozgar Yojana D. None of these Answer: C

Q24. Call money is related to–
    A. Share Market B. Government Securities C. Banks Deposit D. None of these Answer: A

Q25. What is the full form of NSDL?
    A. National Source Depository Limited B. National Securities Depository Limited C. National Sample Depository Limited D. None of these Answer: B

Q26. NAMA word is related to which organisation ?
    A. World Trade Organisation B. UNCTAD C. International Monetary Fund D. None of these Answer: A

Q27. Which of the following organisations releases “World Economic Outlook” Report ?
    A. Asian Development Bank B. World Bank C. International Monetary Fund D. None of these Answer: C

Q28. What is the full form of REER?
    A. Real Earning Emergent Ratio B. Real Effective Exchange Rate C. Real Elective Effective Ratio D. None of these Answer: B

Q29. Committee related with the merger of regional rural banks with their sponsor banks is_______________.
    A. Khusro Committee B. Khan Committee C. Malegam Committee D. None of these Answer: A

Q30. What does PMLA stands for ?
    A. Primary Money Launching Authority B. Promoting Money Laundering Act C. Preventing Money Launching Act D. None of these Answer: C
Q1. ‘Bihu’ is a folk dance of which of the following States in India?
    A. Assam B. Kerala C. Punjab D. Odisha Answer: A

Q2. The cultural festival ‘Indra Jatra festival’ was celebrated in ______.
    A. China B. Japan C. Australia D. Nepal Answer: D

Q3. ‘Golden Revolution’ is related to ____.
    A. Precious minerals B. Pulses C. Jute D. Horticulture Answer: D

Q4. Pongal festival is celebrated in which of the following states of India?
    A. Tamil Nadu B. Maharashtra C. Assam D. Mizoram Answer: A

Q5. Indian President Ramnath Kovind has visited Iceland during which India and Iceland have signed agreements to enhance cooperation in the eld of sustained series development and organize cultural exchange program between 2019 and 2022. What is the capital of Iceland?
    A. Akranes B. Akureyri C. Grindavik D. Reykjavik Answer: D

Q6. What is the currency of Laos?
    A. Lev B. Kip C. Riel D. Taka Answer: B

Q7. Which of the following days is celebrated around the world every year on 22 September?
    A. International Day of Peace B. International Day of Sign Languages C. World Literacy Day D. World Rhino Day Answer: D

Q8. World Bamboo Day is observed every year on which of the following dates by the World Bamboo Organization to generate awareness about conserving and promoting the bamboo industry?
    A. 17th September B. 18th September C. 19th September D. 20th September Answer: B

Q9. Kamakhya Temple situated in which hill of Guwahati city in Assam?
    A. Nilachal Hill B. Khasi hills C. Jaintia hills D. Garo hills Answer: A

Q10. Bibi Ka Maqbara is a tomb located in which state?
    A. Bihar B. New Delhi C. Maharashtra D. Jharkhand Answer: C

Q11. Champaner-Pavagadh Archaeological Park is a UNESCO World Heritage Site located in which state?
    A. Kerala B. Rajasthan C. Gujarat D. West Bengal Answer: C

Q12. Fateh Sagar Lake is situated in which city?
    A. Fatehpur B. Lucknow C. Kolkata D. Udaipur Answer: D

Q13. In which of the following states, is the M.A. Chidambaram Stadium situated?
    A. Andhra Pradesh B. Tamil Nadu C. Karnataka D. Telangana Answer: B

Q14. Indira Sagar dam is located in which Indian State/City?
    A. Chhattisgarh B. Gujarat C. Maharashtra D. Madhya Pradesh Answer: D

Q15. Talcher super thermal station is located in which of the following states?
    A. Andhra Pradesh B. Jharkhand C. Bihar D. Odisha Answer: D

Q16. Ahmedabad is situated on the bank of which river?
    A. Mahi B. Krishna C. Luni D. Sabarmati Answer: D

Q17. Panchet dam is located in which state?
    A. Jharkhand B. Chhattisgarh C. Uttarakhand D. Maharashtra Answer: A

Q18. Silvassa is the capital of ______.
    A. Lakshadweep B. Tripura C. Dadra and Nagar Haveli D. Mizoram Answer: C

Q19. Largest Apple producing State in India is
    A. Himachal Pradesh B. Uttarakhand C. Jammu & Kashmir D. Karnataka Answer: C

Q20. Sunder Pichai, as the CEO, is successfully running an organization named as
    A. Facebook B. Microsoft C. Google D. Paytm Answer: C

Q21. Where is the headquarter of Corporation Bank?
    A. Allahabad B. New Delhi C. Mumbai D. Mangalore Answer: D

Q22. What is the tagline of Indian Bank?
    A. Your own bank B. One family, one bank C. Good people to grow with D. Your trusted bank Answer: A

Q23. Scheduled Banks are classified into which of the following categories?
    A. Nationalized Banks B. Regional Rural Banks (RRB) C. Foreign Banks D. All of the Above Answer: D

Q24. Which of the following agencies is associated with the business of Insurance sector as a regulator?
    A. NPCI B. IRDAI C. SEBI D. AMFI Answer: B

Q25. Punjab National Bank was established in which of the following years?
    A. 1881 B. 1894 C. 1913 D. 1917 Answer: B

Q26. A Business Entity entered into two or more business entities, known as:
    A. Mergers B. Amalgamation C. Joint Venture D. Partnership Answer: C

Q27. Which of the following payment technology company, has signed up the world badminton champion Pusarla Venkata Sindhu as its brand ambassador for two years?
    A. Master Card B. Rupay Card C. Visa Card D. Maestro Card Answer: C

Q28. Which bank has associated with the Confederation of All India Traders to launch “Digi Vyapari-Safal Vyapari” scheme?
    A. HDFC Bank B. ICICI Bank C. Axis Bank D. Yes Bank Answer: A

Q29. Which of the following bank enter in partnership with Indian Oil and launched a co-branded fuel card for users from non-metro cities and towns which will be available on both RuPay and Visa platforms?
    A. ICICI Bank B. Axis Bank C. Yes Bank D. HDFC Bank Answer: D

Q30. Which bank launched a Preventive Vigilance (PV) portal, recently?
    A. PNB B. BOB C. IOB D. UCO Bank Answer: A
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