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December 23, 2017

Latest Banking Awareness Quiz for IBPS Clerks Main Exam

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  1. 20th Meeting of the FSDC Sub-Committee held on 23 November 2017 at Mumbai. In this context, FSDC stands for _____________
    1. Fiscal Stability and Development Council
    2. Financial Stability and Development Council
    3. Financial Sustainability and Development Council
    4. Financial Stability and Dual Council
    5. Financial Stability and Development Consortium
  2. Who chaired the 20th FSDC Sub-Committee meeting ?
    1. Ajay Tyagi
    2. Hemant G. Contractor
    3. Urjit R. Patel
    4. M.S Sahoo
    5. TS.Vijayan
  3. Finance Minister is the chairman of Financial Stability and Development Council (FSDC). It was constituted in _____________
    1. 2010
    2. 2012 
    3. 2014 
    4. 2015 
    5. 2016
  4. Sub-Committee of the FSDC reviewed the major developments on the global and domestic fronts that impinge on the financial stability of the nation. Who is the Secretary of the FSDC ?
    1. Inject Srinivas
    2. Ajay Tyagi
    3. Hemant G. Contractor
    4. Dr. C.S. Mohapatra
    5. Deepak Mohanty
  5. Who among the following is not a member of present FSDC Sub-Committee ?
    1. Chairman of SEBI
    2. Chairman of PFRDA
    3. Prime Minster of India
    4. Chairperson of IBBI
    5. All of above are the members of FSDC Sub-committee
  6. On 6 December 2017, RBI brought several changes to MDR for debt card transactions in a bid to boost digital transactions. In this context, MDR stands for _____________
    1. Mercantile Discount Rate
    2. Merchant Dole Rate
    3. Meet Discount Rate
    4. More Discount Rate
    5. Merchant Discount Rate
  7. RBI decided to cap the Merchant Discount Rate (MDR) applicable on transactions con-ducted via debit cards from _____________
    1. 31 January 2018
    2. 31 March 2018
    3. 1 January 2018
    4. 1 April 2018
    5. 1 September 2018 
  8. EXIM Bank's Government of India supported of $ 81 million to the Government of the Republic of Rwanda as per the RBI statement on 16 November 2017 As per this statement, LOC stands for _____________
    1. Loan of Cash
    2. Link of Credit
    3. Light of Credit
    4. Line of Cheque
    5. Line of Credit
  9. EXIM Bank stands for _____________
    1. Extra Import Bank
    2. Experience Import Bank
    3. Extreme Import Bank
    4. Export Immediate Bank
    5. Export Import Bank
  10. EXIM Bank started its operations in which year ?
    1. 1935
    2. 1949
    3. 1955
    4. 1969
    5. 1982
  11. Present Managing Director of EXIM Bank is _____________
    1. David Rasquinha
    2. Deepak Mohnthy
    3. Suresh N Patel
    4. Usha Anantha subramanian
    5. Dinabandhu Mohapatra
  12. Utkarsh Small Finance Bank Limited was included in the Second Schedule to the Reserve Bank of IndiaAct, 1934. The punch line of Utkarsh Small Finance Bank Limited is _____________
    1. Aapld Umeed Ka Khata
    2. Likho Apni Kahani
    3. Enabling Dreams. Empowering Lives
    4. Smart Savings Smart Bank
    5. Your Bank in Your Hand
  13. Conference of Power and New & Renewable Energy Ministers of Stales and UTs on 7th December held at _____________
    1. Pune
    2. Hyderabad
    3. New Delhi
    4. Kolkata
    5. Channel
  14. On 4th-5th December, 2017 National Conference on PDS (Public Distribution Systems) Reforms was held at _____________
    1. Delhi
    2. Mumbai
    3. Hyderabad
    4. Indore
    5. Vijayawada
  15. On 1 December 2017, RBI asked co-operative societies not use the word Sank' in their names as it violates which section of the Banking Regulation Act ?
    1. Section 1
    2. Section 13
    3. Section 14
    4. Section 15
    5. Section 7
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