Latest Banking Updates 2016 Expected Questions

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Latest Banking Updates 2016 Quiz

 Friends, here we are sharing expected questions from latest banking updates 2016. Happy Reading :)

1. Reverse Repo Rate means ________________
1. at what rate of interest, RBI borrows money from world bank for the development of the economy.
2. at what rate of interest, commercial banks barrow money from the individuals to cross the liquidity crunch.
3. at what rate of interest, RBI borrows money from commercial banks.
4. at what rate of interest, banks barrow funds from RBI.
5. at what rate of interest RBI provide loans to state government. 
2. Which of the following term refers to the rate at which the scheduled banks can bor-row funds overnight from RBI against government securities?
1. SLR (Statutory Liquidity Ratio)
   
2. CRR (Cash Reserve Ratio)
3. MSF (Marginal Standing Facility)
4. BR (Bank Rate)
5. PLR (Primary Lending Rate) 
3. After Monetary Policy Review, Marginal Standing Facility (MSF) stands at  ________________
1. 6.75%
2. 4.75%
3. 6.5%
4. 4.50%
5. 6.0% 
4. CRR is a specified minimum fraction of the total deposits of customers, which commer-cial banks have to hold as reserves either in cash or as deposits with the central bank. In this context, CRR stands for ________________
1. Cash Random Reserve
2. Cash Reel Reserve
3. Cash Reserve Ratio
4. Credit Reserve Ratio
5. Credit Rope Ratio 
5. Present CRR (Cash Reserve Ratio) stands at ________________ 
1. 4%
2. 6.5%
3. 5%
4. 4.75% 
6. The ratio of liquid assets to NDTL is called statutory liquidity ratio (SLR). In this con-text, NDTL stands for  ________________
1. Net Demand and Total Liabilities
2. Net Dividend and Time Liabilities
3. Net Demand and Time LIBOR
4. Net Drought and Time Liabilities
5. Net Demand and Time Liabilities 
7. Statutory liquidity ratio (SLR) stands at  ________________
1. 21%
2. 20.50%
3. 20%
4. 20.75%
5. 21.25% 
8. RBI retained its GDP growth projection for this fiscal year at ________________  in the recent declared Monetary Policy Review.
1. 6.6 percent
2. 8.6 percent
3. 7.2 percent
4. 7.6 percent
5. 7.0 percent 
9. Retail inflation is expected to be ________________  March 2017 with upside risk, as statement given by RBI.
1. 5.5 percent 
2. 6.5 percent
3. 5.0 percent 
4. 7.0 percent
5. 4. 5 percent 
10. RBI and the Government of India set a new retail inflation target of   ________________ for the next five years.
1. 1.5% 
2. 2.5%
3. 4.0%
4. 4.5%
5. 5.25%
6. 4.0%
11. Which bank signed MoU with Birla Sun Life Asset Management Company for distribution of mutual fund products on 1 October 2016?
1. Corporation Bank
2. Karnataka Bank Ltd
3. IDBI
4. Axis Bank
5. ICICI
12. Government of India on 26 September 2016 sacked Sushi! Muhnot as the chair-man and managing director of  ________________
1. State Bank of India
2. Bank of Maharashtra
3. Syndicate Bank
4. Union Bank of India
5. Indian Overseas Bank 
13. Ekparivar, Ek Bank is the punch line of   ________________
1. State bank of Hyderabad
2. Corporation Bank
3. Punjab National Bank 
4. Canara Bank 
5. Bank of Maharashtra 
14. Bank of Maharashtra bagged prestigious SKOCH AWARD 2016 in the field of Financial Inclusion. Where is the head quarter of this bank?
1. Mumbai
2. Pune
3. Chennai
4. Hyderabad
5. Kolkata 
15. On 26 September 2016, RBI recently gave approval to Rs.26,000 crore cash credit limit (CCL) for purchasing paddy in the state of  ________________
1. AP
2. Tamilnadu
3. Haryana
4. Himachal Pradesh
5. Punjab 

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