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Banking Awareness Practice Quiz

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Banking Awareness Practice Quiz

shape Introduction

Banking Awareness is one of the important section in several Competitive Exams. Several bank exams like IBPS and SBI contains banking awareness questions along with general awareness section. Banking Awareness section covers the questions related to the History of Banking, banking terms, Marketing of Banking Products, Functions of Banks, Banks and their taglines, schemes, committees related to banking, headquarters of bank, some Banking news related, apps launched by banks, new schemes etc. The article Banking Awareness Practice Quiz will explore the Banking Awareness related information in the form of Multiple Choice Questions and Answers.

shape Introduction

1. Who has recently released the 2019 Global Food Policy Report (GFPR) to highlights the urgency of rural revitalization to address a growing crisis in rural areas?
    a) International Food Policy Research Institute b) Food and Agriculture Organization c) International Crops Research Institute for the Semi-Arid Tropics d) World Food Programme e) World Health Organisation

Answer: Option (a)
2. How much amount was proposed by NITI Aayog for Artificial Intelligence push and for the establishment of AIRAWAT, a cloud computing platform along with research institutes?
    a) Rs.8,000 crore b) Rs.7,000 crore c) Rs.6,000 crore d) Rs.7,500 crore e) Rs.10,000 crore

Answer: Option (d)
3. Recently UN Environment India and Wildlife Crime Control Bureau of India has launched a campaign on illegal wildlife trade. What was the name of that campaign?
    a) Migration of Animals b) Animals and Forest c) Not All animals migrate by choice d) Animal lover e) Migratory Animals and the forest

Answer: Option (c)
4. Which of the following company toppled Indian Oil Corporation to become the country’s biggest company by revenue, recently?
    a) Amazon b) Reliance Industries c) Flipkart d) TCS e) HCL

Answer: Option (b)
5. Which of the following bank has announced a partnership with the FMCG arm of the Art of Living-Sri Sri Tattva. Under this partnership, customer can avail a discount of 15 per cent on the entire range of products offered by Sri Sri Tattva?
    a) Bank of Baroda b) IDBI Bank c) State Bank of India d) Punjab National Bank e) Yes Bank

Answer: Option (c)
6. Pehal Charitable Trust (PCT) has entered into the Guinness Book of World Records for Longest Line of Hunger Relief (Iftar) Package. The trust belongs to which country?
    a) Turkey b) Israel c) India d) UAE e) USA

Answer: Option (c)
7. The 2019 meeting of TAPI gas pipeline took place in which country?
    a) Afghanistan b) Turkmenistan c) Pakistan d) India e) Israel

Answer: Option (b)
8. Which of the following ministry plans to introduce an Artificial Intelligence (AI) system in the MCA21 portal to make compliance process easier?
    a) Ministry of External Affairs b) Ministry of Corporate affairs c) Ministry of Communications d) Ministry of Information and Broadcasting e) Ministry of Finance

Answer: Option (b)
9. The voting for the fourth phase of Lok Sabha Elections 2019 was held for how many constituencies?
    a) 72 b) 89 c) 91 d) 105 e) 68

Answer: Option (a)
10. Who was named as first non-British President of the Marylebone Cricket Club?
    a) MS Dhoni b) Kumar Sangakkara c) Brett Lee d) Chris Gayle e) Sachin Tendulkar

Answer: Option (b)
1. Which of the following rule under the ‘Conduct of Elections Rules’ lists out a six-month jail term and a Rs 1000 fine for falsely reporting malfunctioning of EVMs and VVPATs?
    a) Rule 49MA b) Rule 51GCA c) Rule 37PB d) Rule 24TR e) Rule 65PB

Answer: Option (a)
2. Which of the following country placed India on its 'Priority Watch List' alleging lack of “sufficient measurable improvements” to its Intellectual Property (IP) framework, recently?
    a) United Kingdom b) Russia c) China d) United States e) Australia

Answer: Option (d)
3. Who is the youngest candidate to win in the Lok Sabha Elections 2019?
    a) Nusrat Jahan b) Tejaswi Surya c) Praveen Nishad d) Mukut Bihari e) Akhilesh Yadav

Answer: Option (b)
4. Which of the following social media platform has announced its partnership with the Indian Wheelchair Cricket Association as the team sponsor for Team India during Asia Cup 2019?
    a) Hike b) Helo c) Wechat d) Telegram e) Whatsapp

Answer: Option (b)
5. The United Nations Security Council recently designated which organisation’s chief as a Global Terrorist?
    a) Jaish-e-Mohammad b) Tehreek-ul-Mujahideen c) National Thawheed Jamath d) Jamathei Milathu Ibrahim e) None of these

Answer: Option (a)
6. Who among the following has recently been appointed as the Vice President of Badminton Asia Council (BAC)?
    a) Pijush Hazarika b) Siddhartha Bhattacharya c) Akhil Gogoi d) Himanta Biswa Sarma e) Ali Al Marri

Answer: Option (d)
7. What is the rank of India in the 2019 Kids Right Index?
    a) [latex]{132}^{nd}[/latex] b) [latex]{117}^{th}[/latex] c) [latex]{149}^{th}[/latex] d) [latex]{105}^{th}[/latex] e) 120th

Answer: Option (b)
8. Which of these insurance companies has won the FICCI Claims Excellence Award for its customer-friendly claims services, including dedicated claims handler and one of the best claim settlement ratios, in the life insurance sector during its 20th Annual Insurance Conference—FINCON 2019?
    a) Aviva Life Insurance b) Bharti AXA Life Insurance c) Canara HSBC Oriental Bank of Commerce Life Insurance d) Bajaj Allianz Life Insurance e) Birla Sun Life Insurance

Answer: Option (b)
9. The Government of India has planned to merge its statistics organ NSSO and CSO as a single unit under the name _______.
    a) National Survey Office b) National Statistical Office c) National Statistical Survey Organisation d) National Survey Supervisory Office e) National Statistical Organisation

Answer: Option (b)
10. The National Company Law Tribunal has approved the merger of which bank with Bharat Financial Inclusion?
    a) IDBI Bank b) Kotak Mahindra Bank c) IndusInd Bank d) RBL Bank e) YES Bank

Answer: Option (c)
1. Which of these institutions has signed an agreement to provide USD 750 million loan to India for Electrification of Railway Track?
    a) World Bank b) International Monetary Fund c) Asian Development Bank d) United Nations Development Programme e) Deutsche Bank

Answer: Option (c)
2. Which of the following along with XPoSaTvhas been categorized by ISRO as Defined Missions, recently?
    a) Lunar Polar Exploration and Exoworlds b) Venus Mission c) Mangalyaan-2 d) Aditya L-1 e) Mangalyaan-1

Answer: Option (d)
3. Which of the following company has formeda new financial tech firm, Libra Networks LLC in Switzerland, recently?
    a) Google b) Microsoft c) Facebook d) Amazon e) Twitter

Answer: Option (c)
4. The Lok Sabha elections of which year witnessed the highest voter turnout in its history.
    a) 2004 b) 2014 c) 2019 d) 2009 e) 1999

Answer: Option (c)
5. Which organisation inaugurated the Young Scientist Programme aimed at imparting basic knowledge on Space Technology, Space Science and Space Applications to the younger ones with the intent of arousing their interest in the emerging areas of Space activities?
    a) ISRO b) Ministry of Defense c) NASA d) DRDO e) None of these

Answer: Option (a)
6. Recently BSE launched an application for its mutual fund platform to process transactions faster. What is the name of that application?
    a) StAR MF b) NiTYA MF c) StoCKS MF d) FunDS MF e) AditYA Birla

Answer: Option (a)
7. Which of the following nation has suspended the procedure of filling landing cards by travelers from India and other nations, recently?
    a) US b) Japan c) France d) UK e)

Answer: Option (d)
8. Which of the following country has approved Permanent Residency to certain expatriates?
    a) Iraq b) Saudi Arabia c) UAE d) Iran e) Oman

Answer: Option (b)
9. Which of the following financial services company, has launched a specialized insurance cover titled ‘Mumbai Local Train Cover’ for passengers traveling in local trains in Mumbai?
    a) SBI Life Insurance b) Bajaj Finserv c) Max Life Insurance d) Exide Life Insurance e) Birla Sun Life Insurance

Answer: Option (b)
10. RBI recently announced to issue Rs 20 banknotes of greenish-yellow colour. The new Rs.20 banknotes will bear which heritage site of India?
    a) Elephanta Caves b) Badami Caves c) Bhimbetka Caves d) Ellora Caves

Answer: Option (d)
1. Google has announced a suspension of its services with which technology giant, recently?
    a) Alibaba b) Xiaomi c) Honor d) Huawei e) Samsung

Answer: Option (d)
2. As per Israel proposal, which country has been selected as the focus country in Jerusalem Film Festival, 2020?
    a) India b) Singapore c) Bangladesh d) Sri Lanka e) UAE

Answer: Option (a)
3. Which of the following company has partnered with France based Rakuten Aquafadas on building enhanced customer experience offerings?
    a) Tech Mahindra b) Infosys c) TCS d) Wipro e) IBM

Answer: Option (a)
4. Which of the following city’s metro tied up with Instamojo for card payments aimed at boosting cashless travel?
    a) Delhi b) Mumbai c) Lucknow d) Ahmedabad e) Bangalore

Answer: Option (b)
5. Wholesale Price Index-based Inflation slides to ______ percent in April 2018.
    a) 3.87% b) 2.86% c) 3.07% d) 3.97% e) 4.07%

Answer: Option (c)
6. What is the core theme of vision document ‘Payment and Settlement Systems in India: Vision 2019 – 2021’ released by RBI?
    a) Empowering Exceptional E Payment Experience b) Empowering Exceptional Digital Payment Experience c) Exceptional E-payment Experience d) Exceptional Digital payment Experience e) Empowering Exceptional UPI Payment Experience

Answer: Option (a)
7. In which of the following city, India will be setting up its military space agency?
    a) Mumbai b) Chennai c) Bangalore d) Pune e) Hyderabad

Answer: Option (c)
8. Which of the following country’s people are seeking help to reduce their alcohol intake, as per the 8th edition of Global Drug Survey 2019?
    a) Thailand b) India c) Malaysia d) Singapore e) Nigeria

Answer: Option (b)
9. Who has appointed as the Managing Director (MD) and Chief Executive Officer (CEO) of Ujjivan Small Finance Bank?
    a) Samit Ghosh b) Nitin Chugh c) Sunil Patel d) Nandlal Sarda e) Vikas Arora

Answer: Option (b)
10. A High-Level Committee on Digital Payments recently submitted its report to the RBI. The Committee is headed by whom?
    a) Nandan Nilekani b) Kishore Sansi c) Sanjay Jain d) Aruna Sharma e) Arun Jaitley

Answer: Option (a)
1. Which of the following institution recently launched the ‘Vision 2021’ document for e- payment system?
    a) FICCI b) RBI c) NITI Aayog d) SEBI e)

Answer: Option (b)
2. Which of the following state has 35 per cent of the country’s Graphite deposits as per the Geological Survey of India (GSI)?
    a) Odisha b) Arunachal Pradesh c) Assam d) Tamil Nadu e) Andhra Pradesh

Answer: Option (b)
3. What is the name of the mission to the moon, that is set to be achieved by the National Aeronautics and Space Organization (NASA) in the year 2024?
    a) Artemis b) Voyager c) Pioneer d) Chandra e) Juno

Answer: Option (a)
4. Which of the following country has recently blocked all editions of Wikipedia?
    a) USA b) China c) Russia d) Canada e) India

Answer: Option (b)
5. Who was appointed as the brand ambassador of Merchant service and UPI payments app BharatPe?
    a) Amitabh Bachchan b) Shahrukh Khan c) Aamir Khan d) Salman Khan e) Vicky

Answer: Option (d)
6. Who was appointed as the Chief Executive Officer (CEO) of Life Insurance Corporation (LIC) Mutual Fund recently?
    a) Girish Chandra Murmu b) Subhash Chandra Garg c) Vipin Anand d) Dinesh Pangtey e) Narendra Chandra

Answer: Option (d)
7. Which among the following retired Supreme Court judges has been appointed to the Supreme Court of Fiji?
    a) Jagdish Singh Khehar b) Arjan Kumar Sikri c) Madan Bhimarao Lokur d) Kurian Joseph e) Ranjan Gogoi

Answer: Option (c)
8. The Union Home Ministry has extended the ban imposed on which among the following militant organizations for five more years?
    a) LTTE b) ISIS c) LeT d) JeM e) None of the above

Answer: Option (a)
9. Name the Indian regulatory body, who’s subsidiary Nabventures has launched ‘NABVENTURES Fund I’ to provide support for agriculture, food and rural startups with a capital investment of Rs 700-crore.
    a) National Bank for Agriculture and Rural Development (NABARD) b) Reserve Bank of India (RBI) c) Securities and Exchange Board of India (SEBI) d) Insurance Regulatory and Development Authority (IRDAI) e) Bombay Stock Exchange (BSE)

Answer: Option (a)
10. Where was the 14th meeting of the Conference of the Parties to the Basel Convention (BC COP-14) held?
    a) Beijing, China b) Vienna, Austria c) Geneva, Switzerland d) Paris, France e) New Delhi, India

Answer: Option (c)
1. Which of the following company has unveiled software for verifiable voting known as “Election Guard” to enable end-to-end verification of elections, open results to third-party organisations for secure validation?
    a) IBM b) Microsoft c) TCS d) Infosys e) Adobe

Answer: Option (b)
2. Recently WHO collaborated with IFBA (International Food and Beverage Alliance) to eliminate industrially produced trans-fat by which year?
    a) 2023 b) 2025 c) 2026 d) 2030 e) 2021

Answer: Option (a)
3. Which of the following city is hosting the two-day WTO ministerial meeting?
    a) Bangalore b) New Delhi c) Beijing d) Kuala Lumpur e) Pune

Answer: Option (b)
4. Which of the following magazines has recently released its cover featuring the image of PM Narendra Modi with the headline ‘India’s Divider in Chief’?
    a) Cosmopolitan b) Bloomberg c) Forbes d) TIME e) Business Outlook

Answer: Option (d)
5. As per the report released by digital marketing platform SEMrush, who is the most followed politician globally?
    a) George V Bush b) Barack Obama c) Donald Trump d) Vladimir Putin e) Bill Clinton

Answer: Option (b)
6. RBI has increased the housing loan limits for eligibility under PSL to _______ in metropolitan centers.
    a) Rs 35 lakhs b) Rs 15 lakhs c) Rs 20 lakhs d) Rs 45 lakhs e) Rs 49 lakhs

Answer: Option (a)
7. Global card payments major MasterCard, said it will invest how much billion in India over the next five years, with plans to make the country a global technology node for its platforms?
    a) $1 billion b) $2 billion c) $3 billion d) $4 billion e) $5 billion

Answer: Option (a)
8. Recently Vice President M Venkaiah Naidu released a postage stamp to commemorate the 750th birth anniversary of which person?
    a) Sri Ravi Jai Shankar b) Sri Vedanta Desikan c) Sri Vaishnava d) Sri Ram charan e) Sri Sri Ravi Shankar

Answer: Option (b)
9. Which of the following organisation has signed MoU with Automotive Research Association of India, an autonomous body affiliated to the Ministry of Heavy Industries in various projects related to e mobility
    a) BEL b) BHEL c) ISRO d) NTPC e) DRDO

Answer: Option (b)
10. Which of the following Indian has been re- elected to International Narcotics Control Board?
    a) Amartya Sen b) Jagdish Bhagwati c) Gita Gopinath d) Jagjit Pavadia e) Nirmala Sitharaman

Answer: Option (d)
1. Name the Block chain based service launched by the tech giant, Microsoft to bring major infrastructure change to how internet users’ identities are stored and verified.
    a) Azure Blockchain Service b) Abra Blockchain Service c) Ardor Blockchain Service d) Bitswift Blockchain Service e) FitBit Blockchain Service

Answer: Option (a)
2. India recently was re-elected as observer to which international forum?
    a) Arctic Council b) World Bank c) United Nations Mission in South Sudan d) United Nations Commission on the Status of Women e) CRY Foundation

Answer: Option (a)
3. According to SIPRI, what is the rank of India in terms of the biggest military spenders in 2018?
    a) [latex]{4}^{th}[/latex] b) [latex]{1}^{st}[/latex] c) [latex]{2}^{nd}[/latex] d) [latex]{5}^{th}[/latex] e) [latex]{3}^{rd}[/latex]

Answer: Option (a)
4. Which organization has notified, that FAME- II plan stands to reduce 64% energy needs and 37% carbon needs by 2030?
    a) Confederation of Indian Industry b) Federation of Indian Chambers of Commerce and Industry c) NASSCOM d) Institute of Chartered Accountants of India e) None of the above

Answer: Option (a)
5. Which of the following organisation launched the Malaria Elimination Research Alliance recently?
    a) Indian Council of Medical Research b) World Health Organisation c) Ministry of Women and Child Development d) NABARD e) All India Institute of Medical Sciences

Answer: Option (a)
6. Where were the India, Brazil and South Africa (IBSA) Sherpas meeting held recently?
    a) Kolkata, West Bengal b) Bengaluru, Karnataka c) Mumbai, Maharashtra d) Cochin, Kerala e) Noida, Uttar Pradesh

Answer: Option (d)
7. Where was the G7 Environment Ministers Meeting held to discuss climate crisis?
    a) Rome, Italy b) Metz, France c) Ottawa, Canada d) Paris, France e) Muscat, Oman

Answer: Option (b)
8. Which of the following country has emerged as the third largest Foreign Direct Investor in India for 2017-18?
    a) Ireland b) UK c) Netherlands d) Belgium e) Denmark

Answer: Option (c)
9. Who has been appointed as the first independent women director by Bombay Stock Exchange?
    a) Swarnima Shukla b) Manisha Bhatt c) Jayshree Vyas d) Nirmala Rai e) Shikha Sharma

Answer: Option (c)
10. Which of the following bank has slipped by 3 notches to come down to the 10th spot as a most valued bank?
    a) State Bank of India b) ICICI Bank c) Yes Bank d) HDFC Bank e) AU Bank

Answer: Option (c)
1. Which of the following city police department has launched an all women police patrol unit “Rani Abbakka Force”?
    a) Vijayapura b) Bengaluru c) Mangalore d) Hubli e) Belgaum

Answer: Option (c)
2. Which of the following bank has launched the $ 5 billion Action Plan for Healthy Oceans and Sustainable Blue Economies for the Asia and Pacific region recently?
    a) Bank for International Settlements b) World Bank c) Asian Infrastructure Investment Bank d) Asian Development Bank e) African Development Bank

Answer: Option (d)
3. Which of the following telecom service provider has become the first operator to start optical fiber based high speed broadband service in Pulwama with the launch of Bharat Fiber?
    a) Airtel b) Vodafone c) Idea d) BSNL e) MTNL

Answer: Option (d)
4. Which of the following department has relaxed income tax rules in order to facilitate fundraising by start-ups which is a part of the ‘Startup India Vision 2024’?
    a) Department for Promotion of Industry and Internal Trade b) Department of Commerce c) Department of Heavy Industry d) Department of Export Promotion Council e) Department of Fisheries

Answer: Option (a)
5. According to a recent report, which company displaced Apple Inc to claim no 2 spot in smartphones maker in first quarter of 2019?
    a) Oppo b) Huawei c) Samsung d) Asus e) Xiaomi

Answer: Option (b)
6. Which of the following country has launched its first private rocket named ‘Momo-3’ into space recently?
    a) Japan b) China c) Russia d) US e) India

Answer: Option (a)
7. Which of the following department has signed a joint agreement with the Income Tax Department for decreasing black money generation?
    a) Revenue Department b) Financial Services Department c) Goods and Services Tax Network d) Expenditure Department e) Human Resource Department

Answer: Option (c)
8. Which of the following bank recently link edits interest rates to RBI’s repo rate?
    a) Bank of Baroda b) State Bank of India c) IDBI Bank d) Punjab National Bank e) ICICI Bank

Answer: Option (b)
9. According to data by Directorate General Commercial Intelligence, which of the following country has become India’s top crude oil supplier?
    a) Iraq b) Iran c) Afghanistan d) Saudi Arabia e) UAE

Answer: Option (d)
10. Which of the following general insurance company has tied up with web aggregation Wish fin Insurance for the speedy delivery of two-wheeler cover?
    a) Bharti AXA b) ICICI Lombard c) IDBI Federal d) NIACL e) Franklin Investments

Answer: Option (a)
1. Which of the following institute has launched a new initiative named Global Registry of Violent Deaths (GReVD)?
    a) International Institute for Strategic Studies(IISS) b) Stockholm International peace research institute (SIPRI) c) Centre for Strategic and International Studies(CSIS) d) Peace Research Institute Oslo (PRIO) e) Peace Research Institute Frankfurt (PRIF)

Answer: Option (b)
2. India’s largest telecom operator, Vodafone Idea Ltd has notified a 5-year multi-million-dollar with IBM in which of the following sectors?
    a) Implementing IOT b) IT outsourcing deal c) 5G Implementation d) Gaming e) Artificial Intelligence

Answer: Option (b)
3. Government has signed MoU with which of the following IIT to set up a Centre of Excellence for Waste to Wealth Technologies?
    a) IIT Roorkee b) IIT Madras c) IIT Delhi d) IIT Kanpur e) IIT Kharagpur

Answer: Option (c)
4. Reserve Bank of India (RBI) has recently proposed the rules on opening and processing which account of corporate borrowers to prevent diversion of funds?
    a) Recurring Deposit Account b) Current Account c) Deposit account d) Fixed Deposit Account e) Overdraft Account

Answer: Option (b)
5. Which of the following country has topped Kids Right Index, 2019?
    a) Portugal b) Switzerland c) Iceland d) Finland e) Australia

Answer: Option (c)
6. IRDAI has set up a 13-member committee under chairmanship of ______ to review the regulatory framework on micro insurance & recommend measures to increase the demand for such products
    a) Suresh Mathur b) U K Sinha c) Pradeep Kumar d) PK Sinha e) None of these

Answer: Option (a)
7. Who has teamed up with Commonwealth Bank of Australia (CommBank) to record world’s first Block chain Bond Transaction?
    a) World Bank b) Asian Development Bank c) Asian Infrastructure Investment Bank d) New Development Bank e) African Development Bank

Answer: Option (a)
8. Who has tied-up with HDFC ERGO General Insurance Company to co-create new Artificial Intelligence (AI)-based solutions?
    a) TCS b) IBM c) Infosys d) HCL e) Cognizant

Answer: Option (b)
9. Whose license has been cancelled by Home Ministry or alleged violation of norms in receiving foreign grants?
    a) Tata Trusts b) HCL Foundation c) Infosys Foundation d) Azim Premji Foundation e) Reliance Foundation

Answer: Option (c)
10. Researchers from which of the following IITbhave used a multi-lingual Optical Character Recognition (OCR) scheme to develop a method for reading documents in Bharati script? a) IIT Roorkee b) IIT Madras c) IIT Delhi d) IIT Kanpur e) IIT Kharagpur
Answer: Option (b)
1. Small Industries Development Bank of India (SIDBI) has launched a pilot scheme to extend financial assistance of up to _____ to new age fintech non-banking finance companies (NBFCs).
    a) Rs.5 crore b) Rs.10 crore c) Rs.15 crore d) Rs.20 crore e) Rs.12 crore

Answer: Option (b)
2. Paytm has partnered with which of the following bank to launch its first credit card called Paytm First Card.
    a) HDFC Bank b) ICICI Bank c) Citi Bank d) State Bank of India e) Canara Bank

Answer: Option (c)
3. Which company has tied up with HDFC Life Insurance to offer life cover for customers who get a prepaid recharge done?
    a) Idea b) Reliance Jio c) Vodaphone d) Airtel e) Aircel

Answer: Option (d)
4. Who has partnered with India Mortgage Guarantee Corporation (IMGC) to offer a mortgage-guaranteed home loan product?
    a) HDFC Bank b) ICICI Bank c) Axis Bank d) State Bank of India e) UCO Bank

Answer: Option (a)
5. A Memorandum of Understanding (MoU) was signed between National Mission for Clean Ganga, _______ and INTACH for taking up a project of 'Plantation of Rudraksh Trees in Uttarakhand' as a part of CSR initiative under the 'Namami Gange' Programme, recently?
    a) Tata Trusts b) HCL Foundation c) Infosys Foundation d) Azim Premji Foundation e) Reliance Foundation

Answer: Option (b)
6. Which country has been unanimously chosen as co-chair of the Consultative Group (CG) of Global Facility for Disaster Reduction and Recovery (GFDRR) for the fiscal year 2020?
    a) China b) India c) Japan d) North Korea e) USA

Answer: Option (b)
7. Which of the following bank has launched the co-branded multi-currency card with online travel booking portal Goibibo?
    a) HDFC Bank b) ICICI Bank c) Axis Bank d) State Bank of India e) Bank of Baroda

Answer: Option (b)
8. The Reserve Bank of India (RBI) has imposed a monetary penalty of how much crore on Nainital Bank for its failure to fully automate the Non-Performing Asset (NPA) identification process, despite specific directions issued in this regard?
    a) Rs.5 crore b) Rs.1 crore c) Rs.2 crore d) Rs.1.5 crore e) Rs.3 crore

Answer: Option (b)
9. What is the deposit growth rate in 2018-19 as per data by RBI?
    a) 10.3% b) 8.4% c) 2.9% d) 7.5% e) 9.8%

Answer: Option (a)
10. What is the bank credit growth rate in 2018-19 as per data by RBI?
    a) 13.24% b) 18.43% c) 12.03% d) 15.76% e) 19.34%

Answer: Option (a)
1. Where does 2-Day meeting of the Regional Heads of Customs Administration of Asia Pacific Region of the World Customs Organisation (WCO)?
    a) Chennai b) Kochi c) Mumbai d) Delhi e) Bangalore

Answer: Option (b)
2. Which of the following global payment service has announced its plan of investing $1 billion in India operations?
    a) MasterCard b) Visa c) Maestro d) Rupay e) None of these

Answer: Option (a)
3. Which of the following country has tested a laser system called Self-Protect High Energy Laser Demonstrator (SHiELD) that successfully shot down multiple air-launched missiles while in flight?
    a) China b) USA c) Russia d) India e) Japan

Answer: Option (b)
4. On how many pre-paid payment instrument issuers does RBI has imposed penalty recently?
    a) 2 b) 3 c) 4 d) 5 e) 8

Answer: Option (d)
5. According to ADB, the Asia-Pacific region is expected to grow at what percent in 2019?
    a) 5.1% b) 5.3% c) 5.5% d) 5.7% e) 5.9%

Answer: Option (d)
6. Which of the following insurance has launched ’Web assurance’ to enable its customers to purchase life insurance in a convenient and hassle-free way?
    a) Canara HSBC OBC Life Insurance b) DHFL Pramerica Life Insurance c) Edelweiss Tokio Life Insurance d) Exide Life Insurance e) None of these

Answer: Option (a)
7. Where LIC Housing Finance has launched a skilling center ‘Udyam’ to provide training to marginalized youth in the BFSI, retail, and IT/ ITES sectors?
    a) Chandigarh b) Mumbai c) Chennai d) Bengaluru e) Hyderabad

Answer: Option (d)
8. Which of the following bank has moved to a new interest rate regime on large savings account deposits as well as short-term loans linking to Reserve Bank of India’s repo rate?
    a) State Bank of India b) HDFC Bank c) ICICI Bank d) Canara Bank e) Bank of India

Answer: Option (a)
9. SEBI has imposed fine of more than Rs.625 crore on ________ in the case of misuse of its co-location facility?
    a) BSE b) NSE c) MCX d) IND-INX e) None of these

Answer: Option (b)
10. India Ratings & Research has lowered the country’s growth forecast for the current fiscal to ________, from the earlier projection of 7.5 per cent.
    a) 7.1 per cent b) 7.5 per cent c) 7.4 per cent d) 7.3 per cent e) 7.2 per cent

Answer: Option (d)
1. In how many cities National Clean Air Programme aims to reduce particulate matter (PM) pollution by 20%-30% by 2024?
    a) 100 b) 101 c) 102 d) 103 e) 105

Answer: Option (c)
2. United Nations has signed a joint framework with ______ aimed at strengthening partnership in counter-terrorism efforts.
    a) India b) China c) APEC d) European Union e) OPEC
    Answer: Option (d)
    3. Tata Steel is to acquir
e Bhushan Energy Ltd. for about _________.
    a) 200 crores b) 400 crores c) 500 crores d) 800 crores e) 600 crores

Answer: Option (d)
4. Which company appoints Suresh Kumar as Chief Technology Officer?
    a) Walmart b) Amazon c) Flipkart d) Jabong e) Snap Deal

Answer: Option (a)
5. Motila Oswal AMC become the first Indian fund house to introduce __________transaction platform
    a) Whatsapp b) Telegram c) Twitter d) Instagram e) Hike

Answer: Option (a)
6. Which rank did India secured in the IMD World Competitiveness Report 2019?
    a) 54th b) 25th c) 10th d) 43rd e) 37th

Answer: Option (d)
7. SREI Equipment Finance ties up with ____________ to offer loans for purchase of equipment under a co-lending arrangement
    a) Bank of Baroda b) Oriental Bank of Commerce c) Dena bank d) Yes bank e) Allahabad bank

Answer: Option (b)
8. Standard Chartered launched Trade A1 Engine in partnership with _______
    a) IBM b) Tech Mahindra c) Infosys d) Wipro e) TCS

Answer: Option (a)
9. Who heads the task force formed by RBI for the development of Secondary loan market?
    a) Canara Bank chairman T. N. Manoharan b) Indian Overseas Bank chairman R. Subramaniakumar c) Indian Bank chairman Padmaja Chunduru d) Dena Bank chairman Ashwani Kumar e) Allahabad Bank chairman S. Mallikarjuna Rao

Answer: Option (a)
10. What is the minimum and maximum amount of remittance through Real Time Gross Settlement (RTGS)?
    a) 1 lakh – No limit b) 2 lakh – No limit c) 5 lakh – No limit d) 10 lakh – No limit e) 3 lakh – No limit

Answer: Option (b)
1. Wire card teams up with India to issue ________.
    a) PAN card b) Voter ID c) Aadhaar Card d) Ration Card e) Passport

Answer: Option (a)
2. RBI allowed large modern currency chests to increase the service charges from Rs.5 per packet to a maximum of _________ per packet.
    a) 6 b) 7 c) 8 d) 9 e) 10

Answer: Option (c)
3. RBI is to introduce Liquidity Coverage Ratio in NBFCs/non-deposit taking shadow banks which have an asset size of _______ and above.
    a) 5,000 crores b) 10,000 crores c) 15,000 crores d) 20,000 crores e) 25,000 crores

Answer: Option (a)
4. Which bank launched ‘Corp SME Suvidha’ for MSMEs?
    a) Bank of Baroda b) Corporation Bank c) Central Bank of India d) Andhra Bank e) State Bank of India

Answer: Option (b)
5. For which transactions RBI has extendedthe time from 4:30 pm to 6 pm?
    a) National Electronic Fund transfer (NEFT) b) Real Time Gross Settlement (RTGS) c) Unstructured Supplementary Service Data(USSD) d) Immediate Payment Service (IMPS) e) Unified Payment Interface (UPI)

Answer: Option (b)
6. The designated bank branches that distribute the notes and coins throughout the country are called __________.
    a) Core banks b) Currency Chest c) Denomination suppliers d) Currency regulator e) Demat credit

Answer: Option (b)
7. To prevent re-occurrence of IL&FS type of debt crisis in NBFCs RBI is to introduce LCR. What does LCR stand for?
    a) Liquidity Cash Reserve b) Licensed Corrected Ratio c) Liquidity Coverage Ratio d) Limited Cash Reserve e) Liquidity Corrected Ratio

Answer: Option (b)
8. _______ allows Modern Currency Chests to hike service charges, recently.
    a) World Bank b) IMF c) RBI d) ADB e) AIIB

Answer: Option (c)
9. Which company has recently revealed to stop selling its smartphones in several countries including India?
    a) Sony b) Samsung c) Huawei d) Oppo e) Nokia

Answer: Option (c)
10. Adani to set up container terminal in _______.
    a) Mynamar b) Sri Lanka c) New Zealand d) Saudi Arabia e) None of these

Answer: Option (a)
1. Vedanta recently bagged two copper blocks in _______.
    a) Gujarat b) Punjab c) Maharashtra d) West Bengal e) Tamil Nadu
    Answer: Option (a)
    2. ____________ to put ads on
Status in 2020, confirms Facebook.
    a) Whatsapp b) Twitter c) Instagram d) Share chat e) Telegram

Answer: Option (c)
3. Which network partnered with Google for expanding WiFi footprint?
    a) BSNL b) Airtel c) Vodafone d) Idea e) None of these

Answer: Option (a)
4. RBI appointed a committee for its move towards Payment and Settlement Systems in India: Vision 2019 – 2021 under __________.
    a) Nandan Nilekani b) HR Khan c) Sanjay Jain d) Aruna Sharma e) Vijay Shekhar Sharma

Answer: Option (a)
5. India’s forex reserves comprise of ________.
    a) Foreign Currency Assets b) Special Drawing Rights c) Gold reserves d) All the above e) None of the above

Answer: Option (a)
6. Who launched an initiative termed as HDFC Affordable Real Estate and Technology Programme (HeART)?
    a) HDFC Capital Advisors b) State Bank of India c) CitiBank d) Vijaya Bank e) ICICI Bank

Answer: Option (d)
7. India’s overall Forex reserve increased to _________ from $418.687 bn in the month of May.
    a) $425.822 billion b) $424.975 billion c) $422.655 billion d) $420.055 billion e) $420.755 billion

Answer: Option (a)
8. Where is the Head Quarters of Ujjivan Small Finance Bank Limited located?
    a) Chennai b) Trivandrum c) Bengaluru d) Jaipur e) Kolkata

Answer: Option (d)
9. The Squash Rackets Federation of India (SRFI) announced a tie up with which of the following organizations to improve the health of the sport in the country?
    a) Wipro b) HCL c) Tech Mahindra d) TCS e) Cognizant

Answer: Option (c)
10. Which Country has the World’s Highest Child Mortality rate In 2015, a study by Lancet Study?
    a) Pakistan b) Russia c) Magnolia d) China e) India

Answer: Option (b)
1. NMCG, HCL Foundation and INTACH inked MoU for Rudraksh Plantation in which of the following State?
    a) Meghalaya b) Himachal Pradesh c) Mizoram d) Uttarakhand e) Jammu & Kashmir

Answer: Option (d)
2. Who was appointed as an additional Director on the board of Yes Bank by RBI?
    a) Rajiv Menon b) Urjit Patel c) Ramasubramanian Gandhi d) Rajmohan Gandhi e) Raghuram Rajan

Answer: Option (d)
3. Which of the Following non-life insurance provider in the private sector announced the launch of ‘Mosquito Disease Protection Policy’?
    a) Cholamandalam MS General Insurance b) Bajaj Allianz General Insurance c) Apollo Munich Health Insurance d) Bharti Axa General Insurance e) HDFC ERGO General Insurance

Answer: Option (e)
4. Facebook chooses which of the following city as base to develop WhatsApp’s mobile payments service?
    a) Moscow b) Washington D.C c) London d) Benn e) Berlin

Answer: Option (c)
5. Which bank is the most valued Indian Bank with a market cap of Rs.6.34 Trillion?
    a) State Bank of India b) Bank of Baroda c) Yes Bank d) Punjab national Bank e) HDFC Bank

Answer: Option (e)
6. Direct Tax collections fell short by how much crore during 2018-19 with lower corporate tax collections emerging as one of the reasons for the lower mop?
    a) Rs.42,000 crore b) Rs.62,000 crore c) Rs.72,000 crore d) Rs.82,000 crore e) Rs.92,000 crore

Answer: Option (d)
7. Anthill Ventures, which helps startups scale up, has tied up with which of the following State Government to offer A-Scale, its market access programme to start-ups in the State?
    a) Meghalaya b) Himachal Pradesh c) Karnataka d) Andhra Pradesh e) Jammu & Kashmir

Answer: Option (d)
8. Who is appointed as the Chairperson of the News Broadcasting standards Authority?
    a) Sunil Lamba b) Ashok Lavasa c) Sunil Mehta d) A.K Sikri e) R Krishnamurthy

Answer: Option (d)
9. Where is the Headquarters of World Customs Organizations located?
    a) Bern b) London c) Brussels d) New Delhi e) Berlin

Answer: Option c)
10. Who was appointed as the MD & CEO Of Ujjivan Small Finance Bank?
    a) Udit Narayanan b) Nitin Chugh c) Sikander Garg d) Bharat Singh e) Samit Gosh

Answer: Option (b)
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