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Showing posts with label Banking Awareness Quiz. Show all posts
Showing posts with label Banking Awareness Quiz. Show all posts

September 10, 2020

Economic Survey of India 2019-2020 Quiz (Most Expected Questions for Competitive Exams)

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Friends, all of you know how important is the Economic Survey 2020 is for upcoming competitive exams. You will get at-least 5 questions from this section in IBPS, SBI Banking exams and at-least 3 questions for Railways and SSC Exams. So here we are giving you the most expected questions on Economic Survey 2019-20 in quiz format. Before reading this, we suggest you to download our pdf version of Economic Survey 2020. It will help you getting the basic idea of the concept. Later attempt below quiz to get good marks. Good luck guys.

Most Expected Questions on Economic Survey 2020

  • What is the estimated GDP of India as per Economic Survey 2019-20 ?   
  • India's ranking in Human Development Index 2019 is ?   
  • Currently, PSBs account for ______ % of the market share in banking.  
  • As per the World Bank, what is the rank of India in number of new firms created ?  
  • After 2015-16, the average household gained ₹10887 on average per year from the moderation in prices in the case of vegetarian Thali. Similarly, an average household that consumes two non-vegetarian Thalis gained around ₹________ on average per year during the same period. 
  • Consumer Price Index (CPI) inflation has been increased from 3.7 per cent in 2018-19 (April to December, 2018) to what per cent in 2019-20 (April to December, 2019)  ?   
  • India's second top export items are ?  
  • India's third top export items are ?  
  • India's top export items are ?  
  • India's top import items are ?  
  • Which Act legally entitles 67% of the population (75% in rural areas and 50% in urban areas) to receive highly subsidized food grains ? 
    • &
  • India's top imports continue to be largest from  ?   
  • Which states are front runners in SDG India index  ?   
  • According to Economic Survey 2019-20, SHRUG comprises a set of variables that describe the extent of socio-economic development in India in terms of demographic, socioeconomic, firm and political infrastructure of every district between 1990–2018. SHRUG is an acronym for ? 
  • According to World Bank's Logistics Performance Index, India ranks ______ in 2018 ?  
  • AEO is a programme under the aegis of the World Customs Organization (WCO) SAFE Framework of Standards. What is AEO ? 
  • After the 1980 nationalization, PSBs had a ______________ % share in the national banking market with the remaining % held by “old private banks” (OPBs) that were not nationalized. 
  • After the market reforms of which year, Sensex has not only grown, but has grown at an accelerating pace ? 
  • Borrowers seem to be suffering from the problem of ____________, which refers to a situation where all current income gets used up in repaying the accumulated debt, leaving little incentives to invest either in physical or human capital. 
  • By integrating "Assemble in India for the world" into Make in India, India can raise its export market share to ____% by 2025 and ____% by 2030 ?  
  • COP-25 of UNFCCC held at Madrid, Spain from 2nd to 13th December 2019 was organized by  ?   
  • CPSEs are most likely to perform better in the private hands due to factors like technology up-gradation and efficient management practices. These in turn would create wealth for the economy. What are CPSEs ? 
  • Current Account Deficit (CAD) in H1 of 2019-20 is ?  
  • Current GDP growth (2019-20) as per CSO's first Advance Estimates ?   
  • __________  is a short-term money-market security issued by large corporations to obtain funds to meet short-term debt obligations. 
  • Disinvestment of Government's shareholding of 53.29 per cent in HPCL led to an increase of around Rs. __________ crore in national wealth ?  
  • Electrical machinery and equipment represents the fastest growing among the top 10 export categories of India, up __________% from 2018 to 2019. 
  • e-NAM is an online trading platform for agricultural commodities for transparent price discovery. Expand e-NAM ? 
  • FinTech is forcing traditional banks to review their outdated business paradigms to come up with effective, low cost, banking solutions. PSBs have the maximum to gain from FinTech. What is FinTech ? 
  • Foreign reserves as on 10th January, 2020 ?  
  • Forest Cover in India is  what percent ?   
  • How many banks of India are in the list of global top 100 banks ?   
  • How many new companies were formed in 2018 ?  
  • How many new jobs were created between 2011-12 and 2017-18 ?  
    • s
  • How many times, India's Gross GST monthly collections have crossed the mark of Rs. 1 lakh crore (up to December 2019) ?   
  • According to Economic Survey 2020, in 2019, investment for every rupee in PSBs, on average, letd to the loss of ?  
  • ___________ provides farmers information on the nutrient status of their soil along with recommendation on appropriate dosage of nutrients to be used for their soil conditions. 
  • In COP-25 of UNFCCC held at Mandrid, India reiterated it's commitment to implement which agreement ?   
  • India has made substantial gains in the Ease of Doing Business rankings from _________ in 2014 to 63 in 2019. 
  • India hosted COP-14 to UNCCD and adopted the Delhi Declaration which is  ?   
  • India's top five trading partners are ?  
  • India’s share in merchandise (goods) exports in world exports has increased from 0.6% in 1991 to _______________ % in 2018. [Yet it remains paltry compared to 12.8% for China (2018)].  
  • India's GDP growth in H1 (April to September) of 2019-20 is ? 
    • t
  • India's largest export destination in 2019-20 is ?  
  • India's largest PSB, State Bank of India (SBI), was founded as Bank of Calcutta in 1806, took the name Imperial Bank of India in 1921 and became state-owned in ____________. 
  • ______________ stands for the negative consequences that can arise from a spike in the value of a nation’s currency ? 
  • _______________ funds are a category of debt mutual funds that invest in very short-term market instruments like treasury bills, government securities, and call money. 
  • As per Economic Survey 2019-20, Kautilya’s Arthashastra (Treatise on Wealth) states four branches of knowledge that further good governance. They are : Varta (economic policy), Dandaneti (law and enforcement), Anvikshiki (philosophical and ethical framework) and _________ ? 
  • Logistics industry of India is currently estimated to be around US$ 160 billion and expected to touch which figure by 2020 ?
  • MFIs are financial companies that provide small loans to people who do not have any access to banking facilities. Their objective was poverty alleviation via inclusive growth and financial inclusion. What are MFIs ? 
  • Name the financial valuation metric used to evaluate a company’s current market value relative to its book value ? 
  • Net FDI inflows in the first eight months of 2019-20 is  ?   
  • Net FPI inflows in the first eight months of 2019-20 is  ? 
  • Net remittances from Indians employed overseas in H1 of 2019-20 is ?  
  • NSS 73rd round on consumer expenditure shows that the share of cereals in Monthly Per Capita Expenditure (MPCE) has fallen by about ______ % in rural India and about ____________% in urban India from 2004-05 to 2011-12. 
  • Over-arching theme of Economic Survey 2019-20 is ?   
  • Prices of pharmaceutical drugs are regulated through the NPPA and Drug (Price Control) Order (DPCO). NPPA stands for ? 
  • Projected economic growth (2020-21) is ?   
  • Projected growth rate for agriculture & allied Services in Fiscal Year 2019-20 is what percent  ?   
  • The Base Year of the GDP Series was revised from 2004-05 to __________ and released on 30 January 2015. 
  • The Economic Survey 2019-20 was presented by the Union Minister for Finance & Corporate Affairs ,Smt. Nirmala Sitaraman in Parliament on ? 
  • The Economics of a Plate of Food in India is ?  
  • The Government can intervene in markets in two ways: Direct participation - as a market maker or as a buyer or supplier of goods and services and Indirect participation - through ______________ ? 
  • The Gross Non Performing Advances (NPA) ratio for Scheduled Commercial Banks between March and September 2019 is  ?  
  • The industrial sector, as per the Index of Industrial Production (IIP), registered a growth of ?    
  • The installed capacity of power generation in India as on 31st October 2019 is  ?   
  • The survey tried to estimate the inaccuracy, if any, in the GDP growth rate using the DID methodology as implemented by other studies which calculated the misestimation. What is DID Methodology ? 
  • The turnaround time of ships in India has been reduced to ? 
  • The year 2019 marked the golden jubilee of which famous financial activity in India ?  
  • To achieve a Gross Domestic Product (GDP) of USD 5 trillion by 2024-25, what investment is required on infrastructure  ?   
  • Trust can be conceptualized as a public good with the following characteristics. Non-excludability, Non-rival consumption and ____________ ?  
  • Under which Government Scheme 3.39 crore children and 87.18 lakh pregnant women of 680 districts across the country have been vaccinated ? 
  • Wealth creation happens in an economy when the right policy choices are pursued. For instance, wealth creation and economic development in several advanced economies has been guided by Adam Smith’s philosophy of ___________? 
  • Wealth creation has been recognised by various ancient treatises like ____________ of Kautilya, and ___________ of Thiruvalluvar ? 
  • What is the rank of India in World Bank's Ease of Doing Business ?    
  • What percentage of population lie between 15 and 29 years in India ?  
  • What percentage of the total expoert is Service sector ?  
  • Which committee report of the year 2014 shows, the structural weaknesses in PSBs explain their poor performance. The committee was set up by RBI to look into the governance, management and operational issues of the public sector banks ?
  • Which scheme covers three sub-schemes i.e. Price Support Scheme (PSS), Price Deficiency Payment Scheme (PDPS) and Pilot of Private Procurement & Stockist Scheme (PDPS) ? 
    •    
  • Which scheme focuses on enhancing water use efficiency through the expansion of cultivable area under assured irrigation, improve on-farm water use efficiency, enhance the adoption of precision-irrigation, enhance recharge of aquifers and introduce sustainable water conservation practices. 
    •    
  • Which scheme provides better insurance coverage for agricultural crops and thereby mitigate risk. 
    •    
  • Who is the Chief Economic Adviser of Ministry of Finance ?  
  • WPI inflation has been decreased from 4.7 per cent in 2018-19 (April to December, 2018) to what per cent during 2019-20 (April to December, 2019)  ?  
That's all for now guys. Hope you find this quiz on Economic Survey 2020 quite useful. In our next post we will try to share quiz on Union Budget. Happy Reading :)
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July 08, 2019

Union Budget Quiz 2019 | Multiple Choice Questions (MCQs) on Budget 2019-20

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Indian Finance Minister Nirmala Sitharaman on 5th July 2019 presented the Union Budget 2019-20. This budget is very important for upcoming competitive exams of the year 2019, especially IBPS and other bank exams. So we are giving you most expected questions from Union Budget 2019 in MCQ (Multiple Choice Questions) format. This quiz will help you in getting good idea on the latest budget 2019. We are planning to share around 20 sets of MCQs. So keep visiting gr8ambitionz for more quizzes on Budget 2019-20. Happy Reading :)

Union Budget 2019 Questions for Bank Exams


Name the first woman to present Union Budget ?
  1. Nirmala Sitharaman
  2. Sheila Sri Prakash
  3. Indira Gandhi
  4. Sushma Swaraj
  5. Meira Kumar
Name the 1st female full-time finance minister to present the Union Budget ?
  1. Nirmala Sitharaman
  2. Mitali Madhumita
  3. Vijaya Lakshmi Pandit
  4. Indira Gandhi 
  5. Kadambini Ganguly
The difference between Revenue Deficit and Grants for Creation of Capital Assets is called as ?
  1. Budget Deficit
  2. Fiscal Deficit
  3. Revenue Deficit
  4. Primary Deficit 
  5. Effective Revenue Deficit
Pradhan Mantri Awas Yojana – Gramin (PMAY-G) aims to achieve the objective of “Housing for All” by which year ?
  1. 2020
  2. 2021
  3. 2022
  4. 2023
  5. 2025
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August 09, 2018

General Awareness Quiz for RBI Grade B Officers 2018

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  1. In India, GDP is higher than GNP, because country's ______________
    1. Import is less than exports
    2. Capital inflows is more than capital outflow
    3. Net factor income is negative
    4. Imports are more than exports
    5. Government expenditure is more than income
  2. Name the place from where the surface-to-surface ballistic missile Prithvi II was launched on 7th February 2018 ?
    1. Andhra Pradesh
    2. Odisha
    3. Maharashtra
    4. Chennai
    5. Punjab
  3. Monetary Policy in India is regulated by ?
    1. Money Lenders
    2. Private entrepreneurs
    3. Government policy
    4. Central Bank
    5. SEBI
  4. Who is the only male player in tennis history to win six consecutive Grand Slam Singles titles ?
    1. Roger Federer
    2. Ryan Harison
    3. Rafael Nadal
    4. Don Budge
    5. Pete Sampras
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July 28, 2018

Banking Awareness 2018 Quiz for SBI PO and Clerks Online Exams

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The 'in principle' approval for setting up 'small finance banks' granted by RBI will be valid for ?
  1. 12 monts
  2. 24 months
  3. 10 months
  4. 18 months
  5. 30 months
The Jakham Dam is Located in which state ?
  1. Madhya Pradesh
  2. Gujarat
  3. Rajasthan
  4. Uttar radesh
  5. Himachal Pradesh
By which rate is the domestic current rate of currency converted into foreign currency ?
  1. Bank Rate
  2. CRR
  3. Stock Exchange Rate
  4. Repo Rate
  5. Exchange Rate
Minimum amount that can be invested in Kisan Vikas Patra (KVP) Certificate is ?
  1. Rs. 100
  2. Rs. 200
  3. Rs. 500
  4. Rs. 1000
  5. Rs. 1500
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April 14, 2018

Banking Awareness Quiz 2018 for SBI Clerks

     SBI Clerks 2018 Banking Awareness

    1. Which Bank announced signing MOU with Sahaj e-Village for extending its banking service in remote areas through Business Correspondent Agent (BC) model ?
      1. Karnataka Bank
      2. Kotak Mahindra Bank
      3. AU Small Finance Bank
      4. Bank of Baroda
      5. Equitas Small Finance Bank
    2. RBI imposed a penalty of Rs. 5 crore on ________________  for non-compliance with its directions on 'Cheque Purchase or Discounting, Bill Discounting, and KYC' norms on 12th December 2017 ?
      1. SBI
      2. Union Bank of India
      3. Syndicate Bank
      4. Bank of India
      5. Kotak Mahindra Bank
    3. HDFC Realty and HDFC Developers acquired by ________________    for Rs.357 crore
      1. UBER
      2. Payhll
      3. Quikr
      4. OLA
      5. Amazon
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    January 06, 2018

    General & Banking Awareness Expected Questions for IBPS Clerks VII Main Exam

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    1. PCA framework initiated by RBI to monitor certain performance indicators of the banks. In this context, PCA stands for  _______________
      1. Prompt Corrective Action
      2. Punitive Corrective Action
      3. Punish Corrective Action
      4. Punctual Corrective Action
      5. Preference Coercive Action 
    2. Prompt Corrective Action is triggered by RBI when banks breach certain regulatory requirements like CRAP , ROA and NPA. In this context, CRAB, ROA and NPA stand for _______________
      1. Capital to Risk (Weighted) Assets Ratio, Return On Assets and Non-Performing Assets
      2. Capital to Risk (Weighted) Assets Ratio, Rotation On Assets and Non-Performing Assets
      3. Capital to Risk (Weighted) Assets Ratio, Return On Assets and Notable-Performing Assets
      4. Capital to Random (Weighted) Assets Ratio, Return On Assets and Non-Performing Assets
      5. Capital to Risk (Weighted) Assets Ratio, Ruin Of Assets and Non-Performing Assets 
    3. On 20th December 2017, RBI puts Bank of India under Prompt Corrective Action. Who is the present MD & CEO of Bank of India ?
      1. Raranish Kumar
      2. Usha Ananthasubramanian
      3. Aditya Puri
      4. M.K.Sharma
      5. Dinabandhu Mohapatra
    4. The Non-Executive Chairman of Bank of India is   _______________
      1. Ravi Venkatesan
      2. Ashwani Kumar
      3. T.C. Venkat Subramanian
      4. T C A Ranganathan
      5. G. Padmanabhan
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    December 25, 2017

    Important General / Financial Awareness Quiz of IBPS Clerks VII Main Exam

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    1. Association of Mutual Funds in India (AMFI) was incorporated on ___________
      1. 22 August 1995
      2. 22 August 1996
      3. 22 August 1997
      4. 22 August 1998
      5. 22 August 1999
    2. Recently, the contributor of the inflow funds in Mutual Funds sustained through new ETF as per AMFI. In this context, ETF stands for ___________
      1. Exchange Through Fund
      2. End Traded Fund
      3. Exchange Traded Fund
      4. Entitlement Traded Fund
      5. Exemplary Traded Fund 
    3. As per AMFI data, the Equity Funds, which also include ELSS saw significant net flows up to Rs. 20,308 crores in November 2017. In this context, ELSS stands for ___________
      1. Equity-Linked Saving Schemes
      2. Equality-Linked Saving Schemes
      3. End-Linked Saving Schemes
      4. Equity-Lock Saving Schemes
      5. Equity-Linked Stock Schemes
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    December 24, 2017

    New Pattern Banking Awareness Quiz for IBPS Clerks Mains

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    1. The Banking Regulation Act passed in ___________
      1. 1935
      2. 1949
      3. 1955
      4. 1972
      5. 1982
    2. First ever One Rupee Note' completes 100 years of its inception on ___________
      1. 30 November 2017
      2. 11 November 2017
      3. 1 November 2017
      4. 30 December 2017
      5. 15 December 2017
    3. Asian Development Bank (ADB) signed $ 65.5 million loan agreement with ___________ to support coastal protection in the state
      1. Karnataka
      2. Maharashtra
      3. Odisha
      4. Telangana
      5. Andhra Pradesh 
    4. ADB lowers India's GDP forecast for FY18 to ___________ on 13 December 2017
      1. 6.7 per cent
      2. 7.0 per cent
      3. 6.1 per cent
      4. 5.7 per cent
      5. 5.3 per cent
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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
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    November 21, 2017

    Banking Awareness Quiz - Set 137

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    1. Government of India and  ___________ signed an MOU to provide Rs. 1,000 crore financing for food processing projects.
      1. SBI
      2. Yes bank
      3. Axis bank
      4. IDBI bank
      5. Union bank of India 
    2. Yes Bank is   ___________
      1. Public Sector bank
      2. Foreign bank
      3. Regional Rural bank
      4. Development bank
      5. Private Sector bank
    3. Which bank in association with MobiKwik, has launched a co-branded wallet that allows its customers to pay at the MobiKwik merchant network with a Direct Debit Feature' is ___________  
      1. ICICI Bank
      2. YES Bank
      3. IndusInd Bank
      4. Kotak Mahindra Bank
      5. Bandhan Bank
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    November 20, 2017

    Banking Awareness Quiz - Set 136

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    1. 32nd Annual G30 International Banking Seminar held at ___________
      1. Paris
      2. New Delhi
      3. Washington D C
      4. Basel
      5. Tokyo
    2. AU Small Finance Bank Limited was given the Schedule Bank Status by including its name in the Second Schedule of the RBI Act 1934 on 1 November 2017. The tag line of AU small Finance Bank Limited is  ___________
      1. Chalo Aage Bhade
      2. Likho Apni Kahani
      3. A Bank of Smiles
      4. Build A Better Life
      5. Joy of Banking
    3. Where is the head office of AU Small Finance Bank ?
      1. Pune
      2. Delhi
      3. Jaipur
      4. Hyderabad
      5. Mumbai 
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    November 19, 2017

    Banking Awareness Quiz - Set 135

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    1. What does WPI stands for ?
      1. Wholesale Price Index
      2. Wholesale Price India
      3. Wholesale Price Indicator
      4. Wholesale Price Industry
      5. World Price Indicator 
    2. In banking parlance CDR stands for :
      1. Central Depository Receipt
      2. Corporate Debt Restructuring
      3. Company Debt Restructuring
      4. Commercial Debt Restructuring
      5. None of the above
    3. Ajay Vipin Nanavati is the Chairman of :
      1. Andhra Bank
      2. Bank of Baroda
      3. Syndicate Bank
      4. Dena Bank
      5. HDFC Bank
    4. Which Bank has tied up with Samsung to enable its credit card holders use the tap and pay option at merchant outlets ?
      1. ICICI Bank
      2. YES Bank
      3. South Indian Bank
      4. State Bank of India
      5. Axis Bank
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    November 10, 2017

    Banking Awareness Quiz for IBPS PO VII Main Exam - Set 134

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    1. Which of the following is not a subsidiary of RBI ?
      1. Deposit Insurance and Credit Guarantee Corporation (DICGC)
      2. National Housing Bank(NHB)
      3. Bharatiya Reserve Bank Note Mudran Private Limited (BRBNMPL)
      4. National Bank for Agriculture and Rural Development (NABARD)
      5. Industrial development Bank of India (IDBI)
    2. Promissory Notes/Bills of Exchange and Cheques are defined as :
      1. Trust Receipts
      2. Judicial documents
      3. Negotiable instruments
      4. Documents of title to goods
      5. Not Negotiable Instruments
    3. Name the overnight credit facility provided by RBI to commercial banks.
      1. Marginal Standing Facility (MSF)
      2. Repo rate
      3. Bank rate
      4. Reverse repo
      5. Base Rate
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    November 03, 2017

    Special Banking & Financial Awareness Quiz for IBPS RRB VI Office Assistants Main Exam - Set 133

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      1. Which bank launched a unique Womens' centric savings bank account, 'All Bank Shakti" ?
        1. Andhra Bank
        2. Indian Bank
        3. Allahabad Bank
        4. Bank of Baroda
        5. ICCI Bank
      2. 'Her Kadam Aap Ki Saath' is the tag line of ____________
        1. Andhra Bank
        2. Bank of India
        3. Allahabad Bank
        4. Citi Bank
        5. ICICI Bank
      3. The Reserve Bank of India (RBI) slapped a monetary penalty of Rs.13 crore on Yes Bank and Rs.2 crore on ____________  Bank for violating regulation.
        1. SBI
        2. Union Bank of India
        3. IDFC
        4. HDFC
        5. Punjab National Bank
      4. India Post Payments Bank (IPPB) new MD and CEO is  ____________
        1. Suresh N Patel
        2. Kishore Kharath
        3. R. Subramaniakumar
        4. Suresh Sethi
        5. Aditya Puri 
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      November 01, 2017

      Special Banking & Financial Awareness Quiz for IBPS RRB VI Officers Scale I Exam - Set 132

      3 comments
      1. on 4 October 2017, RBI declared its _____________  Monetary Policy Statement 2017-18.
        1. Second Bi-monthly
        2. Third Bi-monthly
        3. Fifth Bi-monthly
        4. First Bi-monthly
        5. Fourth Bi-monthly
      2. RBI reduced the Statutory Liquidity Ratio (SLR), the portion of deposits held by banks in government securities, by 0.5 % to _____________  on 4 October 2017.
        1. 19.0%
        2. 18.5%
        3. 19.5%
        4. 21.0%
        5. 22.0% 
      3. RBI declared 'as a part of the transition to LCR of 100 percent by 1 January 2019, it is proposed to reduce the SLR by 50 basis points'. In this context, LCR stands for  _____________ 
        1. Liquidity Company Ratio
        2. Liability Coverage Ratio :
        3. Liquidity Coverage Ratio
        4. Liquidity Coverage Rotation
        5. Limit Coverage Ratio
      4. The present 6 members of Monetary Policy Committee (MPC) are Chelan Ghate, Pami Dua, Viral Acharya, Michael Patra, Urjit Patel and  _____________ 
        1. Subhash Chandra Garg
        2. S.Aruna
        3. N.S.Mswanathan
        4. Arun Jaitley
        5. Ravindra Dholakia
      5. RBI on 4 October 2017, reduced the GDP forecast from 7.3% to _____________   
        1. 7.2%
        2. 6.0%
        3. 6.7% 
        4. 5.0%
        5. 7.0%
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      October 27, 2017

      Banking Awareness Quiz for IBPS RRB VI Office Assistants Main Exam 2017 - Set 131

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      1. As per the Companies Act amended in 2013, what is the maximum age for retirement for MD/CEO of all private banks is :
        1. 60 years
        2. 62 years
        3. 65 years
        4. 70 years
        5. None of these
      2. What are the main objectives of the Export-Import Bank (EXIM Bank) ?
        1. To ensure an integrated and coordinated approach to solving the problems of exporters
        2. To provide special attention to capital goods export and export of technical services
        3. To tap domestic and overseas markets for resources, undertake development and finance activities in the areas of exports
        4. To provide financial assistance to the exporters and importers and act as the principal financial institution for coordinating the working of other institutions engaged in financing exports and imports
        5. All the above
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      October 26, 2017

      Banking Awareness Quiz for IBPS RRB VI Officers Main Exam 2017 - Set 130

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      1. SCORES stands for :
        1. SEBI Complaints Redress System
        2. Special Complaints Redress System
        3. Sources for Complaints Redress System
        4. Statutory Complaints Redress System
        5. None of the above
      2. The three pillars of the Basel II framework are :
        1. Minimum capital requirements
        2. Asset - Liability Management
        3. Market discipline
        4. Supervisory Review
        5. 1, 3 & 4
      3. Interest of time deposits may be paid, credited, transferred or reinvested with frequency not less than :
        1. Quarterly rests
        2. Monthly rests
        3. Half yearly rests
        4. Yearly rests
        5. None of the above
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      September 23, 2017

      Banking Awareness Quiz 2017 for IBPS PO VII and IBPS Clerks VII Main Exams - Set 129

      1 comment
      1. The Reserve Bank of India (RBI) allowed systematically important Non-Banking Finance Companies to sell and market the New Pension Scheme (NPS).  Such NBFCs should have an asset size of _____________
        1. Rs. 100 crore
        2. Rs. 200 crore
        3. Rs. 300 crore
        4. Rs. 400 crore
        5. Rs. 500 crore
      2. GMR secured Rs. 1,330 crore loan from Axis Bank for developing Mopa airport, which is located in ___________
        1. Telangana
        2. Goa
        3. Tamil Nadu
        4. Maharashtra
        5. Karnataka
      3. On 28 August 2017, who took charge as th new Chairman and Managing Director of SIDBI ?
        1. Urjith Patel
        2. T.S.Vijayan
        3. Hemant C Contractor
        4. R.S.Sharma
        5. Mohammad Mustafa 
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      September 20, 2017

      Last 6 Months' Banking Awareness Quiz 2017 (Set 2)

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      1. The RIDF was set up by the Government in 1995-96 for financing ongoing rural Infrastructure projects. Domestic commercial banks contribute to the Fund to the extent of their short-fall in stipulated priority sector lending to agriculture. Which of the following activities are taken up by RIDF ?
        1. Rural drinking water schemes & soil conservation
        2. Rural market yards
        3. Rural health centers and primary schools
        4. Mini hydel plants
        5. All the above
      2. In respect of Goods and Service Tax (GST), CIN stands for Challan Identification Numeber. Then what does the abbreviation for CPIN stands for ?
        1. Consumer Password Identification number
        2. Consumer Portal Identification Number
        3. Common Number
        4. Consumer Proposed Identification Number
        5. Common Portal Identification Number
      3. Which of the following four Laws have been amended in the recent past ?
        1. Securitization and Reconstruction of Financial Assets and Enforcement of Security inter-est (SARFAESI) Act, 2002
        2. Recovery of Debts due to Banks & Financial Institutions Act (RDDBFI), 1993
        3. Depositories Act, 1996
        4. Indian Stamp Act, 1899
        5. All the above
      4. NBFCs are doing functions similar to banks. Which of the fol-lowing is/are correct in respect of NBFCs ?
        1. NBFC cannot accept demand deposits as a matter of right except as permitted by RBI
        2. NBFCs do not form part of the payment and settlement system and cannot issue cheques drawn on itself
        3. Deposit insurance facility of Deposit Insurance and Credit Guarantee Corporation is not available to depositors of NBFCs, unlike in case of banks
        4. NBFCs can issue Non-Convertible Debentures (NCDs)
        5. All the above
      5. What does the letter 'M' depict in the SME as used in the financial world ?
        1. Maximum
        2. Medium
        3. Mercantile
        4. Mutual 
        5. Ministry 
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      September 18, 2017

      Last 6 Months' Banking Awareness Quiz 2017 (Set 1)

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      1. In case of default in repayment of consortium/multiple banking facilities extended to a borrower, it will be in order to proceed under SARFAESI Act only when the consent of at least ________________ of creditors by value is obtained.
        1. 20%
        2. 30%
        3. 40%
        4. 50%
        5. 60% 
      2. A Micro or Small Enterprise may be said to have become Sick, if any of the borrowal account of the enterprise remains NPA for  ________________  months or more.
        1. 3
        2. 4
        3. 2
        4. 5
        5. None of these
      3. Loans to individuals for educational purposes including vocational courses up to ________________   irrespective of the sanctioned amount are eligible for classification under priority sector.
        1. Rs. 5 lakh
        2. Rs. 10 lakh
        3. Rs. 15 lakh
        4. Rs. 20 lakh
        5. Rs. 11 lakh
      4. CP can be issued for maturities between a minimum of  ________________ days and a maximum of up to ________________   from the date of issue.
        1. 8 days and 2 years
        2. 7 days and 1 year
        3. 6 days and 2 years
        4. 5 days and 1 year
        5. None of these 
      5. Which of the following deficiencies arising out of sale of investment products and adherence to instructions are addressed by Banking Ombudsman ?
        1. Insurance
        2. Mutual fund
        3. Other third party investment products
        4. Mobile banking services
        5. All the above
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