1. Which International Organization has agreed to give loan for Rewa Ultra Mega Solar (RUMS)project in Madhya Pradesh?

A. World Bank B. IMF C. Asian Development Bank D. New Development Bank

Answer: Option A
Explanation: The World Bank has agreed to provide a loan to develop internal transmission arrangements of the upcoming Rewa Ultra Mega Solar (RUMS) project in Madhya Pradesh.
2. Which Indian Public Sector Bank has signed MoU with real estate developers’ body CREDAI?

A. Bank of Baroda B. Punjab National Bank C. State Bank of India D. Andhra Bank

Answer: Option C
Explanation: State Bank of India and real estate developers’ body CREDAI have signed a memorandum of understanding (MoU) to jointly conduct various initiatives towards development of the realty sector.
3. 3-minutes digital loan against securities service is launched by

A. SBI B. Punjab National Bank C. HDFC D. ICICI

Answer: Option C
Explanation: HDFC Bank launched digital Loan against Securities (LAS) allowing customers to avail loans in less than 3 minutes. The service will also be available to customers with no credit history. The bank, which will offer 10.5 percent interest rate on the product, will soon expand the offering to other securities such as mutual funds, bonds and insurance policies. Customers can avail a minimum loan of Rs 1 lakh and maximum loan up to Rs 20 lakh under this facility.
4. Recently, RBI gets approval of printing plastic notes of denomination

A. Rs. 10 B. Rs. 20 C. Rs. 50 D. Rs. 100

Answer: Option A
Explanation: The Reserve Bank of India (RBI) has been authorised to conduct field trials for printing plastic notes of Rs. 10 denomination. The Reserve Bank for long has been planning to launch plastic currency note after field trials. In February 2014, the BJP government had informed the Parliament that one billion plastic notes of Rs. 10 denomination will be introduced in a field trial in five cities.
5. Which private bank in India has launched Mera iMobile banking app?

A. Axis Bank B. HDFC C. ICICI D. None of the above

Answer: Option C
Explanation: ICICI Bank has launched a mobile banking app for rural customers that allow them to access banking services as well as information on agricultural services. Anyone including nonICICI Bank customers can download and use the app which is available in eleven Indian languages.

1. Two Indian companies have been named in the list of world's most ethical companies by American think tank Ethisphere Institute. One Company is Tata SteelBSE. The other is

A. Blocon B. Aptech C. Reliance D. Wipro

Answer: Option D
Explanation: Ethisphere honours those companies who recognise their role in society to influence and drive positive change in the business community and societies around the world.
2. ICICI Bank has partnered with which of the following for UPI-based payment?

A. Truecaller B. Tickscore C. Microsoft D. None of the above

Answer: Option A
Explanation: ICICI Bank has announced a partnership with mobile app firm Truecaller for a new UPIbased mobile payment service.
3. 'Working for a World Free of Poverty' is the Motto of

A. IMF B. World Bank C. Asian Development Bank D. New Development Bank

Answer: Option B
Explanation: Motto: Working for a World Free of Poverty
4. Which Bank in India has partnered with Payjo for artificial intelligence solutions?

A. Yes Bank B. SBI C. HDFC D. ICICI

Answer: Option A
Explanation: Private sector lender Yes BankBSE -1.51 % has partnered with Payjo, an artificial intelligence banking platform based out of Silicon Valley, California to adopt its intelligence products. The YES Pay Bot will be the first AI-driven Bot for a wallet and will complement the already trusted and popular YES Pay wallet service with over half-a-million users.
5. Who is appointed as a Chairman of the Catholic Syrian Bank by the RBI?

A. YV Reddy B. T S Anantharaman C. Arun Kumar D. UK Sinha

Answer: Option B
Explanation: The Reserve Bank of India has accorded its approval for appointment of TS Anantharamanas part-time chairman of Catholic Syrian Bank.

1. When a Bank invest money mostly in government bonds and securities, then it is known as

A. Para Banking B. Narrow Banking C. Unit Banking D. Correspondent Banking

Answer: Option B
Explanation: This is done to avoid risk in the market. Banks dedicated to such type of banking are also known as Narrow Banks.
2. Which of the following is the first Bank in India(established in 1770)?

A. Bank of Hindustan B. Oudh Commercial Bank C. Punjab National Bank D. Bank of India

Answer: Option A
Explanation: The origin of modern banking started from 1770 in the name of “Bank of Hindustan” by English agency ‘House of Alexander & Co’ in Kolkata however it was closed in 1832. Further in 1786 “General Bank of India” was started and it failed in 1791.
3. Reserve Bank of India was established on the recommendations of

A. Hunter Commission B. Lord Lilingthow Commission C. Lord Wavell Commission D. Hilton Young Commission

Answer: Option D
Explanation: RBI was established under the recommendations of the“Hilton Young Commission”also known as “Royal Commission On Indian Currency And Finance”.
4. Which of the following is not a Subsidiary the Reserve Bank of India(RBI)?

A. Deposit Insurance and Credit Guarantee Cooporation(DICGC) B. National Agriculture and Rural Development Bank(NABARD) C. National Housing Bank(NHB) D. All of the Above

Answer: Option D
Explanation: Fourth Subsidiary, Bharatiya Reserve Bank Note Mudran Private Limited(BRBNMPL) was set up in 1995.
5.'Corp Kiran' is a loan scheme of

A. Corporation Bank B. Dena Bank C. Bank of India D. Indian Overseas Bank

Answer: Option A
Explanation: Crop kiran is a loan scheme of Corporation Bank.