Banking Awareness June 2019 Quiz

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Banking Awareness June 2019 Quiz

Introduction

The article Banking Awareness Quiz includes Banking Awareness June 2019 Quiz with an explanation, analysis, and issues of current events in the month. And these quizzes will help in the Competitive Exams like IBPS, RBI Grade B, SBI PO, RRB and other banking examinations.

Quiz

Banking Awareness June 2019 Quiz - 30th

Q1. Markets regulator SEBI directed National Stock Exchange to pay more than Rs ________________ in the case of misuse of its co-location facility.

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Q2. Which company has launched a recurring payment service for merchants that are working on a digital subscription model?

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Q3. Global card payments brand ______________ has announced its plan of investing $1 billion in India operations over the period of next 5 years.

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Q4. Which of the following Indian company has acquired British toy retailer ‘Hamleys’ in the all-cash deal (67.96 million pounds)?

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Q5. BharatPe– India’s first Fintech start-up enabling payments for merchants through interoperable UPI QR codes, has announced its foray into merchant services with a new app. What is the full form of UPI?

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Q6. Digital payments company Paytm, in association with ___________________ has launched its first credit card called Paytm First Card.

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Q7. Which telecom company and HDFC Life Insurance have tied up to offer life cover for customers who get a prepaid recharge done?

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Q8. Which of the following company has partnered with India Mortgage Guarantee Corporation (IMGC) to offer a mortgage-guaranteed home loan product recently?

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Q9. State-run telco ______________ has announced that it has joined hands with internet major Google to expand its WiFi footprint across the country.

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Q10. Leading stock exchange BSE has launched the ‘BSE StAR MF’ app to enable more participation and help mutual fund distributors process transactions faster. Who is the present MD and CEO of the Bombay Stock Exchange?

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Q11. HDFC Capital Advisors, a wholly-owned subsidiary of HDFC Ltd, launched a new initiative called ‘HDFC Affordable Real Estate and Technology Program (HeART). Who is the present Chairman of HDFC Limited?

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Q12. NITI Aayog has circulated a cabinet note to provide Rs _______________ for the establishment of AIRAWAT, a cloud computing platform along with research institutes.

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Q13. After the RBI released a draft framework for setting up a regulatory sandbox (RS) for fintech players in the counter, the market and insurance regulators SEBI and IRDAI have also launched similar initiatives. For the IRDAI sandbox, an applicant should have a net worth of Rs ____________ and a proven financial record of at least one year.

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Q14. Which state became the first state to tap into the masala bond market worth of USD 312 million (Rs 2,150 crore) in London Stock Exchange (LSE)’s International Securities Market (ISM)?

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Q15. The Reserve Bank of India has appointed its former Deputy Governor, ___________________, on the board of private sector lender YES Bank as an additional director.

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Q16. Which organization has launched a 5G Use Cases Lab for the banking and financial sector recently?

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Q17. Which Bank has launched ‘NRI-Insta-Online’ account opening process for NRIs residing in the Financial Action Task Force (FATF) member countries?

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Q18. ACI Worldwide, a global provider of real-time electronic payment and banking solutions, announced that _________________ has successfully rolled out major new functionality to support EMV card acquiring across its ATM network and Aadhaar Authentication, leveraging ACI’s UP Retail Payments solution to achieve market firsts.

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Q19. IDRBT is an institution exclusively focused on banking technology. What is the full form of IDRBT?

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Q20. Industrial Development Bank of India (IDBI) was established in 1964 by an Act to provide credit and other financial facilities for the development of the fledgling Indian industry. IDBI Bank is a-

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Q21. Who has been appointed as the President of the World Bank recently?

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Q22. Reserve Bank of India (RBI) has appointed 5-member committee under the chairmanship of ______________________ to strengthen digital payments as well as to boost financial inclusion through Financial Technology.

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Q23. India has extended a grant assistance of up to USD _____________________ million to Nepal for the reconstruction of infrastructures in the areas of housing, education, health and cultural heritage that was destroyed during the devastating April 2015 earthquake which saw the death of over 9,000 people.

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Q24. The International Monetary Fund (IMF) and the World Bank have together launched a private blockchain with a pseudo-token. The new token called-?

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Q25. Which Bank has been awarded the prestigious Celent Model Bank 2019 Award in the category of Financial Inclusion, for ‘Redesigning Lending to Reach Small Businesses’?

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Banking Awareness June 2019 Quiz - 29th

Q1. The Executive Council of Insurers, previously known as Governing Body of Insurance Council (GBIC) has been established under the Insurance Ombudsman Rules ______________ to set-up and facilitates the Institution of Insurance Ombudsman in India.

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Q2. The four public sector general insurance companies have been implementing UHIS for improving access to health care to poor families. What is the full form of UHIS?

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Q3. Who is the present Chairman of the Office of the Executive Council of Insurers?

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Q4. The Universal Health Insurance Scheme (UHIS) has been redesigned targeting only the BPL families. The premium subsidy has been enhanced from ___________________ to ____________________ for an individual.

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Q5. IBAI was incorporated as a Company under Section 25 of the Companies Act, 1956 in-

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Q6. What is the risk in the insurance sector?

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Q7. The main objects of IBAI are to promote interaction among the Insurance/Reinsurance Broker members. IBAI stands for-

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Q8. __________________ is a professional trained in the mathematics of insurance and risk management, including the calculations of premiums, policy reserves and other values.

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Q9. Where is the Corporate Office of Insurance Brokers Association of India?

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Q10. _____________ is a term which is private wrong against a person for which the injured person may recover damages, i.e. monetary compensation in the insurance sector.

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Q11. The RBI sells government securities to control the _______.

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Q12. A bond that is issued at a deep discount to its face value but pays no interest is known as-?

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Q13. Short term promissory notes are unsecured and not collateralized against securities, hence it is classified as-?

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Q14. Commercial paper was introduced in-?

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Q15. Exchange markets and over counter markets are considered as two types of-?

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Q16. The mission of the OECD is to promote policies that will improve the economic and social well-being of people around the world. What is the full form of OECD?

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Q17. For the first time, which organization has decided to use a new tool to enhance liquidity in the system by bringing $5 billion from the banks in a swap deal that is capable of injecting around Rs. 35,000 crores into the system?

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Q18. Fitch Ratings cut India’s economic growth forecast for the current financial year starting 01st April 2019, to ___________ from its previous estimate of 7.00% on weaker than expected momentum in the economy.

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Q19. The RBI in consultation with the government of India has set the limits for WMA for the first half of the financial year 2019-20 (April 2019 to September 2019) at Rs 75000 crore. What is the full form of WMA?

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Q20. As per the World Bank, India’s GDP growth is expected to accelerate moderately to _____________ in Fiscal Year 2019-2020, driven by continued investment strengthening, particularly private-improved export performance and resilient consumption.

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Q21. The government has retained the interest rate for General Provident Fund (GPF), Contributory Provident Fund and other related schemes at ____________ percent for the first quarter of the current financial year.

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Q22. Which organization has inked an agreement to invest USD 50 million in solar energy project developer Avada Energy Pvt Ltd to help the company scale up rapidly?

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Q23. State-run power giant National Thermal Power Corporation has inked a term-loan agreement with _______________ to raise Rs 2,000 crore, which would be used to part finance its capital expenditure.

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Q24. The BSE has signed a memorandum of understanding (MoU) with __________________ with an objective to strengthen the BSE Startups platform.

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Q25. In a bid to further improve the cash position of banks, RBI has tweaked LCR norms to provide an additional 2% window to lenders. What is the full form of LCR?

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Banking Awareness June 2019 Quiz - 28th

Q1. World Red cross day is observed on which of the following dates?

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Q2. What is the currency of Cyprus?

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Q3. Which among the following temples of India is known as Black Pagoda?

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Q4. Narmada river rises from its source from:

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Q5. The Nagarhole National Park is located in which state of India?

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Q6. Wellington Trophy is associated with which sports?

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Q7. Lal Bahadur Shastri International Airport is located in which state?

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Q8. In which of the following states, is the M Chinnaswamy Stadium situated?

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Q9. Bhimbandh Wildlife Sanctuary is located in which state?

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Q10. Holkar cricket stadium is located in which state?

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Q11. The headquarters of the International Maritime Organization (IMO) is located in ____.

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Q12. Lasith Malinga is a famous player associated with the game of –

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Q13. What is the capital of Oman?

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Q14. The book “The Accidental Prime Minister” has been authored by ___.

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Q15. Lippa Asrang wildlife sanctuary is in which of the following states?

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Q16. Which among the following lakes was earlier known as Upper Lake or Bada Talab?

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Q17. On which of the following days World Liver Day observed?

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Q18. Jharsuguda Thermal Power Plant is located in which state of India?

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Q19. ‘Mahi Bajaj Sagar dam’ is located in which state?

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Q20. Pulitzer Prize is given in the eld of ______.

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Q21. The book ‘Hit Refresh’ has been authored by ____.

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Q22. Kharchi Puja is a Hindu festival celebrated in which state?

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Q23. ‘Ankara’ is the capital of __________ .

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Q24. European Union headquarter located in which city?

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Q25. Which of the following cups/trophies is closely associated with the game of Hockey?

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Banking Awareness June 2019 Quiz - 27th

Q1. What is the minimum amount required to open a Fixed Deposit (FD)?

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Q2. 'PLI' is a form of insurance which stands for ___.

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Q3. Which of the following is not correct regarding the Fixed Income Money Market and Derivatives Association (FIMMDA)?

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Q4. Which bank has entered into a memorandum of understanding (MOU) with Bharti AXA Life Insurance Company to distribute the insurance product of the Bharti AXA Life?

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Q5. What is the name given to the financial markets where there is a trading of both the debt and the stock instrument, subject to a maturity period of more than one year?

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Q6. Kisan Credit Card Scheme was introduced in which year?

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Q7. ‘Participatory Notes’ are associated with ______ ?

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Q8. Which of the following indicator indicates the level of development of the Insurance sector in a country?

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Q9. Where is the headquarters of IndiaFirst Life Insurance?

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Q10. Which of the following acts provided strict government control over the insurance business?

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Q11. Export Credit Guarantee Corporation of India comes under which Ministry?

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Q12. In reference to the Pradhan Mantri Faisal Bima Yojana (FBY) the premium amount for all Rabi crops is ________.

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Q13. Which market facilitates the redistribution of various risks?

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Q14. Ayushman Bharat National Health Protection Scheme (AB-NHPS) launched by PM Shri Narendra Modi on Independence Day 2018. The scheme is renamed as_____.

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Q15. Which of the following word/term is closely associated with the insurance business?

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Q16. The International Securities Identification Number is used for uniquely identifying securities like equity, debt etc. The ISIN has ____ characters.

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Q17. Participatory notes are associated with which one of the following?

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Q18. Which of the following is not correct with respect to the Small Finance Banks (SFBs)?

I. SFBs have to maintain Cash Reserve Ratio (CRR) and Statutory Liquidity Ratio (SLR) as per RBI norms. II. SFBs can oat subsidiaries and deal in sophisticated products. III. At least 50 percent of its loan portfolio should constitute loans and advances of up to Rs. 25 lakh. IV. SFBs cannot sell mutual funds, insurance, and pensions.

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Q19. According to the Depositor Education and Awareness Fund (DEAF) Scheme 2014, deposits which were not operated or are unclaimed for which of the following periods had to be transferred annually to the DEAF account?

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Q20. What is the amount of insurance coverage provided under the Pradhan Mantri Jan Arogya Yojana (PMJAY)?

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Q21. Money lent for more than one day but less than 15 days in the money market is known as ____.

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Q22. Which of the following committees gave its recommendation for setting up of Insurance Regulatory and Development Authority of India (IRDAI)?

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Q23. Capital Market is to regulate long-term debt and equity shares. What is the further division of Capital Market?

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Q24. Which of the following derivative instruments is used by Foreign investors who wish to invest in India?

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Q25. Under which section of the insurance regulatory act 1938, the merger of an insurance company and a non-insurance rm is not allowed?

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Banking Awareness June 2019 Quiz - 26th

Q1. Prithvi, Agni, Jal, Akash, Sabki Suraksha Hamare Paas is the slogan of-

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Q2. What is the tagline of Bajaj Allianz Life Insurance Company Limited?

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Q3. The General Insurance Council has been constituted under section 64C of the Insurance Act, 1938 by-

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Q4. Name the insurance that is referred to liability insurance that is in excess of specified other policies and also potentially primary insurance for losses not covered by the other policies.

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Q5. Where is the head office of the General Insurance Council?

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Q6. A forward contract is a customized contract between two parties, where settlement takes place on a specific date in the future at a price agreed today. What is/are the main features of forwarding contracts?

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Q7. A _________________________ is an agreement between two parties to exchange cash flows on a determined date or in many cases multiple dates.

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Q8. Globally, operations in the foreign exchange market started in a major way after the breakdown of the Bretton Woods system in-

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Q9. The SEBI is the regulatory authority established under Section ___________________ of SEBI Act 1992 to protect the interests of the investors in securities and to promote the development of, and to regulate, the securities market and for matters connected therewith and incidental thereto.

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Q10. What is the primary market?

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Q11. Issues made by an Indian company in the primary market can be classified as-

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Q12. IDR is a financial instrument denominated in Indian Rupees in the form of a depository receipt. What is the full form of IDR?

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Q13. Unit Trust of India was the first mutual fund set up in India in-

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Q14. Pursuant to the Vaghul Working Group recommendation for setting up an institution to provide enhanced liquidity to the money market instruments, the RBI set up the DFHI, jointly with public sector banks and the all-India financial institutions. What is the full form of DFHI?

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Q15. ______________________ is a mechanism for pooling money by issuing units to the investors and investing funds in securities in accordance with objectives as disclosed in offer document.

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Q16. AEPS is a way to make financial transactions from a bank account with the help of your biometric authentication. This system neither requires your signature nor Debit/credit card. What is the expanded form of AEPS?

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Q17. What would a clerk do if hends that the amount written on a cheque, in words, and in digits is different?

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Q18. According to the Depositor Education and Awareness Fund (DEAF) Scheme 2014, deposits that were not operated or are unclaimed for which of the following periods had to be transferred annually to the DEAF account?

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Q19. Which private sector bank was earlier known as UTI Bank?

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Q20. Which among the following body determines the interest rate on savings deposit?

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Q21. Which of the following is called the 'Banker's Bank' in India?

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Q22. Kisan Credit Card (KCC) scheme was prepared by ______.

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Q23. Which fund transfer system involves the transfer of money from one bank to another on a "real time" basis?

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Q24. Where is the National Institute of Securities Market located?

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Q25. If two parallel lines are drawn on the front part of a cheque, it is called ___.

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Banking Awareness June 2019 Quiz - 25th

Q1. Who is the present Chairman of IRDAI?

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Q2. Name the insurance that is insurance of buildings, machinery, stocks etc against Fire and Allied Perils, Burglary Risks and so on.

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Q3. Where is the headquarters of IRDAI?

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Q4. Which of the following are the charges to provide for the cost of insurance coverage under the plan?

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Q5. The IRDAI was incorporated as a statutory body in-

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Q6. ________________ is a percentage of the premium appropriated towards charges before allocating the units under the policy.

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Q7. ULIP is a life insurance product, which provides risk cover for the policyholder along with investment options to invest in any number of qualified investments such as stocks, bonds or mutual funds. What is the full form of ULIP?

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Q8. In insurance, IBNR claims are the amount owed by an insurer to all valid claimants who have had a covered loss but have not yet reported it. What is the meaning of "I" in IBNR?

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Q9. _______________ is the method by which firms evaluate potential losses and take action to reduce or eliminate such threats.

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Q10. From which year the General Insurance Council has been constituted under section 64C of the Insurance Act, 1938?

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Q11. A bond pays a fixed interest payment every _________________ months, which is why it is called a fixed income investment, and these credit instruments with short maturities under one year are called money market investments.

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Q12. Stock exchanges act as an agent for the economy by facilitating trade and disseminating information. What is the mains purpose of stock exchanges?

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Q13. The CAR is an international standard that measures a bank’s risk of insolvency from excessive losses. What is the full form of CAR?

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Q14. A _______________________ is an instrument whose value is derived from the value of one or more underlying, which can be commodities, precious metals, currency, bonds, stocks, stocks indices, etc.

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Q15. An _______________________ is a specialized financial institution that buys the NPAs or bad assets from banks and financial institutions so that the latter can clean up their balance sheets.

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Q16. Which organization has slapped an Rs1-crore penalty on Syndicate Bank and Rs20 lakh on Axis Bank for violating norms recently?

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Q17. Indian Banking Association has issued advisory requesting banks to waive off the processing, documentation, inspection and all other service charges for Kisan Credit Card and crop loans up to _________ lakh rupees.

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Q18. Which of the following Payments Bank has announced the launch of a sweep account facility in association with Suryoday Small Finance Bank (SSFB)?

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Q19. Who is the present Managing Director & CEO of Syndicate Bank?

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Q20. Where is the Head Office of the Indian Banks' Association?

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Q21. Where is the Head Office of Suryoday Small Finance Bank?

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Q22. RBI in the exercise of powers conferred under Section 47 A of the Banking Regulation Act, 1949 has levied a penalty of ___________________ on the State Bank of India (SBI) for not monitoring the end use of funds in respect of one of its borrowers.

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Q23. Which organization has decided to treat deposits to over Rs. 2 crores as ‘bulk’ as they doubled the limit for the same from the earlier Rs. 1 crore?

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Q24. State-owned power giant NTPC has announced that it has signed a term loan agreement for Rs 5,000 crore with ____________________.

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Q25. State Bank of India is an Indian multinational, public sector banking and financial services statutory body. Who is the present Chairperson of SBI?

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Banking Awareness June 2019 Quiz - 24th

Q1. Agriculture Insurance Company of India Limited was incorporated under the Indian Companies Act _______________.

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Q2. Recommendations of which committee, The Insurance Regulatory, and Development Authority (IRDA) were constituted as an autonomous body to regulate and develop the insurance industry?

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Q3. What was the authorized capital of Agriculture Insurance Company of India Limited (AIC)?

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Q4. Which of the following is/are the functions and duties of IRDAI?

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Q5. Where is the Registered Office of Agriculture Insurance Company of India Limited?

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Q6. Insurance Regulatory and Development Authority (IRDA) was set up as an autonomous body under which act?

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Q7. Who is the current Chairman-cum-Managing Director of Agriculture Insurance Company of India Limited?

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Q8. Parliament was passed Insurance Laws (Amendment) Bill, 2015. The amendment bill hikes Foreign Direct Investment (FDI) cap in the insurance sector to ______________ percent from present 26 percent.

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Q9. Name the insurance that is a financial cover for a contingency linked with human life, like death, disability, accident, retirement etc.

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Q10. A ____________________ may be deducted for premature partial or full encashment of units wherever applicable, as mentioned in the policy conditions.

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Q11. Money Market Instruments are simply the instruments or tools which can help one operate in the money market. Which of the following is not the money market instrument?

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Q12. A Banker's Acceptance (BA) is a short-term debt instrument issued by a company that is guaranteed by a commercial bank. The date of maturity typically ranges between __________ and _____________ days from the date of issue.

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Q13. A ________________________ is a written order used primarily in international trade that binds one party to pay a fixed sum of money to another party on demand or at a predetermined date.

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Q14. First announced in ________________ by RBI, Certificate of Deposits have become a preferred investment choice for organizations in terms of short-term surplus investment as they carry low risk while providing interest rates which are higher than those provided by Treasury bills and term deposits.

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Q15. Money market has become a component of the financial market for buying and selling of securities of short-term maturities, of _____________ year or less.

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Q16. A market is a broad term describing any marketplace where trading of securities including equities, bonds, currencies, and derivatives occur. What is the name of that market?

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Q17. A _______________ bond is a bond issued by a national government, generally with a promise to pay periodic interest payments called coupon payments and to repay the face value on the maturity date.

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Q18. What is/are the main functions of the Financial Market?

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Q19. Which market comprises the "complex of institutions" and a mechanism through which intermediate-term funds and long term funds are pooled and made available to business, government, and individuals?

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Q20. A __________________ market is a component of financial market where short-term borrowing can be issued.

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Q21. OTC is done directly between two parties, without the supervision of an exchange. What is the full form of OTC?

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Q22. Name the instrument, which is a paper or electronic obligation that enables the issuing party to raise funds by promising to repay a lender in accordance with terms of a contract?

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Q23. How many major segments does the financial market have?

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Q24. __________________ market refers to a market where securities are traded after being initially offered to the public in the primary market and/or listed on the Stock Exchange.

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Q25. What is the important objective of the money market?

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Banking Awareness June 2019 Quiz - 23rd

1. Name the account for which bank act as an uninterested third party (custodian/depository) to ensure compliance with the terms of the deal between two parties only upon the fulllment of some stated conditions?

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Q2. In EEFC, what does F stand for?

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Q3. Which among the following not a subsidiary of RBI?

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Q4. According to the United Nations report, India's economy is projected to grow at ____in the scal year 2020.

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Q5. What is the full form of MAT?

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Q6. Who has become the first lender to charge for UPI (United Payments Interface) use?

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Q7. The area of operation of Local Area Banks (LABs) is limited to a maximum of _____ geographically contiguous districts and are allowed to open branches only in its area of operation.

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Q8. Under which of the following types of account, a specified amount is deposited every month for a specific period, say, 12, 24, 36 or 60 months?

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Q9. National Pension Scheme (NPS) is a government-sponsored pension scheme which was launched in 2004 for government employees. The Government has decided to raise its contribution in NPS from 10% to _________.

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Q10. Which is not a category of Non-performing assets (NPA)?

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Q11. As per Coinage Act 1906, in India, coins can be issued up to the denomination of?

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Q12. Which country launched the world’s first Sovereign Blue Bond?

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Q13. The central banks of the UAE and Saudi Arabia have launched a common digital currency called ______.

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Q14. The Reserve Bank of India has initiated steps to set up a wide-based digital Public Credit Registry (PCR) to capture loan information of individuals and corporate borrowers. In this regard, RBI has invited expression of interest from companies having turnover more than ____ in the last three years.

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Q15. In March 2019, the State bank of India (SBI) had signed a pact with which bank to boost business opportunities?

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Q16. Swadhaar FinServe Pvt Ltd fully acquired by which of the following banks?

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Q17. In its INDC, India has pledged to improve the emissions intensity of its GDP by 33 to 35 percent by ______ below 2005 levels.

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Q18. What is the amount of paid of capital that must be held by a resident at all time in case of Payment Bank?

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Q19. What is the minimum charge to file a case in a Lok Adalat?

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Q20. Which ministry has established an export promotion cell to create a sustainable ecosystem?

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Banking Awareness June 2019 Quiz - 22nd

Q1. Who has been appointed as Managing Director (MD) and CEO (Chief executive ofcer) of IDFC First Bank?

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Q2. Which of the following best describes the word Revenue Deficit?

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Q3. The delivery of financial services at affordable costs to sections of disadvantaged and low-income segments of society is referred to as ____.

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Q4. In EEFC, what does F stand for?

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Q5. CAC means the ability of the domestic residents to converts the local currency to any foreign currency at will. What does ‘A’ stand for in ‘CAC’?

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Q6. In March 2019, the State bank of India (SBI) had signed a pact with which bank to boost business opportunities?

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Q7. What is the minimum charge to file a case in a Lok Adalat?

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Q8. Which country launched the world’s first Sovereign Blue Bond?

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Q9. Which is not a category of Non-performing assets (NPA)?

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Q10. Who has become the first lender to charge for UPI (United Payments Interface) use?

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Q11. The central banks of the UAE and Saudi Arabia have launched a common digital currency called ______.

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Q12. Under which of the following types of account, a specified amount is deposited every month for a specific period, say, 12, 24, 36 or 60 months?

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Q13. Which agency maintains the Micro Finance Development and Equity Fund in India?

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Q14. As per Coinage Act 1906, in India, coins can be issued up to the denomination of?

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Q15. Which of the following Acts has especially been launched to facilitate banks in the recovery of bad loans?

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Q16. In its INDC, India has pledged to improve the emissions intensity of its GDP by 33 to 35 percent by ______ below 2005 levels

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Q17. What do you understand by Cheque Truncation System?

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Q18. What is the current repo rate, according to the first Bi-monthly Monetary Policy statement for 2019-20?

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Q19. Under CAMEL norms, what does A stand for?

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Q20. Which of the following IT Company has announced the purchase of 7 American software products of the American company IBM, the company will buy software assets from US-based IBM Corp for USD 1.8 billion?

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Q21. Under the Insurance Ombudsman scheme, how much fee is charged for ling and resolving customer complaints?

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Q22. Which of the following banks has been slapped by RBI of 2 Crores rupees for the non-state lender’s failure to adhere to the regulator’s diktat on promoter shareholding?

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Q23. As per the World Bank for the financial year 2019-20. What is the projected growth rate of the Indian economy?

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Q24. Which among the following committees has suggested issuance of 'Elephant Bonds' wherein people declaring undisclosed income will have to mandatorily invest half of that amount in these securities?

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Q25. Who has been appointed interim Chairman cum Managing Director (MD) of Jammu and Kashmir Bank?

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Banking Awareness June 2019 Quiz - 21st

Q1. IFSC Code is a 11-digit alphanumeric code that is used for NEFT, RTGS and IMPS fund transfers. In ‘IFSC’ ‘I’ stands for___.

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Q2. Under PSL, Foreign Bank having branches less than 20 In India are required to maintain the target of 40 %, which is to be achieved in a phased manner by_____.

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Q3. The headquarters of Indian Overseas Bank is situated in _______.

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Q4. When a corporate entity wishes to raise money from the market it can do that by issuing

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Q5. 'Sub Prime Lending' is a term applied to the loan made to ___.

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Q6. Banks, borrow money from the Reserve Bank of India at which of the following rates?

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Q7. Where is the head office of India Post Payments Bank located?

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Q8. Who is the appellate authority in Banking Ombudsman?

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Q9. What are masala bonds?

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Q10. The system of Cheque truncation was introduced in which of the following years?

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Q11. Which insurance company has launched a specially designed mentorship program ‘Wings’, to empower the female workforce?

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Q12. Which of the following banks has extended the Rs 4,100 crore loan for Visakhapatnam (VIZAG) Metro Rail project in Andhra Pradesh?

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Q13. As per the Interim Budget 2019-20, how much amount has already been recovered in favor of banks and creditors?

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Q14. Who is the head of the committee for banks merger?

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Q15. Which app launched for mutual fund investments, SIPs begin at Rs 100?

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Q16. As per Nepal’s Central Bank circular, which of the following Indian currency denominations can’t be carried and used for trading?

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Q17. Recently, former chairman of SBI, Arundhati Bhattacharya has been appointed a chairman of which company?

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Q18. Which of the following organization released the Financial Stability Report?

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Q19. Which ministry has established an export promotion cell to create a sustainable ecosystem?

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Q20. On January 09th, 2019, India had permitted which Iranian bank to open its branch in Mumbai?

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Q21. Which of the following statement/statements is/are correct regarding the 'Overdraft' facility of the Banks?

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Q22. Which of the following statement is incorrect about the 'Current Account'?

Answer

Q23. If a cheque bears the date later than the date on which it is drawn, then this type of check is known as

Answer

Q24. Brown Label ATMs are owned and maintained

Answer

Q25. In which kind of 'crossing of cheques', the payment can be made through bank account only?

Answer

Banking Awareness June 2019 Quiz - 20th

1. What is the minimum amount required to open a Fixed Deposit (FD)?

Answer

Q2. 'PLI' is a form of insurance which stands for ___.

Answer

Q3. Which of the following is not correct regarding the Fixed Income Money Market and Derivatives Association (FIMMDA)?

Answer

Q4. Which bank has entered into a memorandum of understanding (MOU) with Bharti AXA Life Insurance Company to distribute the insurance product of the Bharti AXA Life?

Answer

Q5. What is the name given to the financial markets where there is a trading of both the debt and the stock instrument, subject to a maturity period of more than one year?

Answer

Q6. Kisan Credit Card Scheme was introduced in which year?

Answer

Q7. Which of the following terms is the form of non-proportional reinsurance?

Answer

Q8. With respect to ‘riders’ in an insurance contract consider the following statements:

I. The rider is used to convey the terms of policy amendments and the amendments thereby become part of the policy. II. Additional forms attached to the policy that modify it in some way, either unconditionally or upon the existence of some condition. III. The term has several distinct and confusing meanings Which of the statement given above is/are correct?

Answer

Q9. ‘FMI’ refers to critically important institutions responsible for providing clearing, settlement, and recording of monetary and other financial transactions. What is the expanded form of ‘FMI’?

Answer

Q10. Which of the following indicator indicates the level of development of the Insurance sector in a country?

Answer

Q11. Where is the headquarters of IndiaFirst Life Insurance?

Answer

Q12. Which of the following acts provided strict government control over the insurance business?

Answer

Q13. Export Credit Guarantee Corporation of India comes under which Ministry?

Answer

Q14. In reference to the Pradhan Mantri Faisal Bima Yojana (FBY), the premium amount for all Rabi crops is ________.

Answer

Q15. Arrangement of the bank selling insurance product acting as the agent of respective companies is called

Answer

Q‘EIA’ gives access to policyholders to safeguard the policy documents in electronic format. What does A stand for in‘eIA’?

Answer

Q16. Certificate of Deposit (CD) is an _____ instrument.

Answer

Q17. What is the minimum tenor of the Sovereign Gold Bonds scheme?

Answer

Q19. A panel has been constituted by the Insurance Regulatory and Development Authority of India (IRDA) to identify the Systemically Important Insurer (SII). Who will head the panel?

Answer

Q20. A life annuity where there is no refund to any beneficiary at the death of annuitant is known as________.

Answer

Q21. Who signs One rupee note in India?

Answer

Q22. Which was the first insurance company to transact all classes of general insurance business in India?

Answer

Q23. Non-Banking Financial Company (NBFC) is allowed to accept/renew public deposits for a maximum period of ___.

Answer

Q24. Insurance bought by an insurance company for its own protection is known by which term?

Answer

Q25. Which of the following terms is used in Financial Market?

Answer

Banking Awareness June 2019 Quiz - 19th

Q1. The Insurance Regulatory and Development Authority of India (IRDAI) was working on which of the following method's guidelines, that will allow insurers to check the products before being available in the market in a particular geography or set of policyholders?

Answer

Q2. Name the account for which bank act as an uninterested third party (custodian/depository) to ensure compliance with the terms of the deal between two parties only upon the fulfillment of some stated conditions?

Answer

Q3. What is the name of a certificate issued by a depository bank, which purchases shares of foreign companies and deposits it on the account.?

Answer

Q4. Which among the following not a subsidiary of RBI?

Answer

Q5. Statutory Liquidity Ratio (SLR) is maintained as a percentage ofQuestion 6

Answer

Q6. Capital Market is to regulate long-term debt and equity shares. What is the further division of Capital Market?

Answer

Q7. What is the full form of MAT?

Answer

Q8. Which among the following was the first bank to open a branch on foreign soil?

Answer

Q10. Which country launched the world’s first Sovereign Blue Bond?

Answer

Q11. Which Japanese electronics company has launched the world’s first Goods and Services Tax (GST) calculator in India for simplifying the GST calculations for taxpayers?

Answer

Q12. The Reserve Bank of India has initiated steps to set up a wide-based digital Public Credit Registry (PCR) to capture loan information of individuals and corporate borrowers. In this regard, RBI has invited expression of interest from companies having turnover more than ____ in the last three years.

Answer

Q13. How much amount does government approve for dedicated micro irrigation fund?

Answer

Q14. Swadhaar FinServe Pvt Ltd fully acquired by which of the following banks?

Answer

Q15. Which of them is/are correct in relation to types of the market?

Answer

Q16. What is the amount of paid of capital that must be held by a resident at all time in case of Payment Bank?

Answer

Q17. Which app launched for mutual fund investments, SIPs begin at Rs 100?

Answer

Q18. Which ministry has established an export promotion cell to create a sustainable ecosystem?

Answer

Q19. The Securities and Exchange Board of India (SEBI) has proposed capping cross-holding among credit rating agencies (CRAs) at ____.

Answer

Q20. India’s first Electronic Manufacturing Cluster (EMC) will be set up in ____.

Answer

Q21. What’s the ranking of India in terms of its economic size among countries?

Answer

Q22. The area of operation of Local Area Banks (LABs) is limited to a maximum of _____ geographically contiguous districts and are allowed to open branches only in its area of operation.

Answer

Q23. MICR code is a character- recognition code for processing and clearance of cheques. Full form of MICR is

Answer

Q24. Which of the following best describes 'Call Money Market Operations'?

Answer

Q25. According to the United Nations report, India's economy is projected to grow at ____in the scale year 2020.

Answer

Banking Awareness June 2019 Quiz - 18th

Q1. Busy Season Credit Policy refers to the period

Answer

Q2. Consumer Protection Act, 1986 does not cover

Answer

Q3. Currency Chest Slip is Serially numbered at the beginning of each year from:

Answer

Q4. Difference between buying and selling rates of a currency is known as:

Answer

Q5. EEFC account can be opened in the form of:

Answer

Q6. Government securities are issued for a maximum period of:

Answer

Q7. The Securities and Exchange Board of India (SEBI), a statutory autonomous body, aims to:

Answer

Q8. The creation of over the counter exchange of India (OTC) would help the introduction of a multi-tiered market for:

Answer

Q9. Truncation of cheque means:

Answer

Q10. What is a convertible Bond:

Answer

Q11. What are External commercial Borrowings:

Answer

Q12. What is Gilts:

Answer

Q13. SGL Account is:

Answer

Q14. Know Your Customer (KYC) guidelines are as per the provisions of:

Answer

Q15. The maximum period for which a commercial paper can be issued is:

Answer

Q16. Out of the "non-customer facing activities" given below, which of the following has been moved out of the branch to the maximum extent:

Answer

Q17. What does "Round Tripping" in Foreign Direct Investment (FDI) relate to:

Answer

Q18. What does Collateral Security mean:

Answer

Q19. When trading takes place among members of a stock Exchange as a create false volumes and rigging the prices of shares, it is known as:

Answer

Q20. When two parties make an arrangement to exchange future cash flows, it is called:

Answer

Q21. "Disguised unemployment" Denotes

Answer

Q22. Expand "FINO":

Answer

Q23. Expand " LIBOR":

Answer

Q24. Expand " NEFT":

Answer

Q25. Expand: P.I.O" in relation to Right to Information, 2005

Answer

Banking Awareness June 2019 Quiz - 17th

Q1. Which of the following institutions has released the “Payment and Settlement Systems in India: Vision 2019 – 2021″?

Answer

Q2. ‘GDR’ is a bank certificate issued in more than one country for shares in a foreign company. What does 'R' stand for in ‘GDR’?

Answer

Q3. Which of the following Insurance Company has announced to launch the 'Mosquito Disease Protection Policy'?

Answer

Q4. Which of the following General Insurance companies has launched a product to protect businesses from financial and reputational losses due to cyber-attacks?

Answer

Q5. Which Indian education technology startup has bagged a $25,000 global tech prize?

Answer

Q6. What does M in ‘MUDRA’ stand for?

Answer

Q7. Which option below correctly denies the Law of Demand?

Answer

Q8. Which of the following best explains a 'paid-up capital'?

Answer

Q9. What is the major function of NABARD?

Answer

Q10. What is the term used for the transfer of rights of insurance policy from a person to his bank for loan purposes?

Answer

Q11. Which of the following is regulated by Reserve Bank Of India?

Answer

Q12. Hedging is used by companies to:

Answer

Q13. In what denominations Commercial Paper (CP) can be issued?

Answer

Q14. Which of the following is correct with respect to the "convertibility of Indian rupee"?

Answer

Q15. Which of the following report is not published by the World Economic Forum (WEF)?

Answer

Q16. What is SWIFT?

Answer

Q17. As per the Interim Budget 2019-20, how much amount has already been recovered in favor of banks and creditors?

Answer

Q18. Which of the following Insurance companies has collaborated with ‘MobiKwik’ to launch Rs 20 smart digital insurance product?

Answer

Q19. Which of the following companies has launched a unique proposition through its campaign #BijliOnEMI?

Answer

Q20. With a vision to empower Micro Small and Medium Enterprises (MSMEs) and small businesses, PAISALO Digital Limited signed the FIrst co-origination loan agreement with which of the following banks?

Answer

Q21. Which of the following companies acquired Wibmo for USD 70 million?

Answer

Q22. The Reserve Bank of India has formed an expert committee to decide the appropriate level of reserves that the Central Bank should hold. Who is the head of the committee?

Answer

Q23. Who has been appointed Managing Director (MD) of Life Insurance Corporation (LIC)?

Answer

Q24. Who has been appointed India's First anti-corruption ombudsman of India?

Answer

Q25. Which of the following cities hosted the 14th CII-EXIM Bank Conclave on India-Africa Project Partnerships?

Answer

Banking Awareness June 2019 Quiz - 16th

Q1. Foreign exchange Reserves in India are kept in the custody of ___.

Answer

Q2. The term Revenue Neutral Rate refers to ________

Answer

Q3. Which of the following banks has launched ‘NRI-Insta-Online’ paperless account facility?

Answer

Q4. Which one of them is/are not Capital Market Instruments?

Answer

Q5. What is the maximum limit for a loan under the Tarun scheme of Mudra Bank loan Yojana?

Answer

Q6. Demand draft is a negotiable instrument issued by a certain bank that directs the other bank or one of its own branches to pay a certain sum of money to the payee. A demand draft in which the payment is made only after the specified period is known as ____.

Answer

Q7. What does 'P' stand for in 'MPC'?

Answer

Q8. NFC, is a form of contactless communication between devices like smartphones or tablets. In ‘NFC’ ‘N’ stands for ___.

Answer

Q9. What does the letter 'I' in ‘IMPS’ stand for?

Answer

Q10. Which of the following is a Money Market Instrument?

Answer

Q11. The European Central Bank (ECB) has launched 'TIPS' an innovative pan-European service for settling electronic payments instantly. TIPS enables payment service providers to offer fund transfers to their customers in real time and around the clock, every day of the year. What is the expanded form of 'TIPS'?

Answer

Q12. The Reserve Bank of India relaxes External Commercial Borrowings (ECBs) norms for infrastructure companies. The minimum average maturity requirement for ECBs in the infrastructure space raised by eligible borrowers has been reduced to ____from earlier ve years.

Answer

Q13. As per the RBI’s second Bi-Monthly policy meet of the financial year 2019-20 (FY20), what is current Repo Rate?

Answer

Q14. Payments did Bank allow users to withdraw cash from ATMs, without the need for a physical debit or credit card?

Answer

Q15. Which of the following statement is/are correct in relation to NBFC Ombudsman?

A) The NBFC Ombudsman Scheme is being introduced under Section 45 L of the Reserve Bank of India Act, 1934. B) At present 4 NBFC Ombudsmen have been appointed in India. C) NBFC with an asset size of Rs. 200 crore comes under the NBFC Ombudsman Scheme.

Answer

Q16. Which of the following deposit cannot be accepted by Payment Bank?

Answer

Q17. VPA is an identifier that can be uniquely mapped to an individual account. What is the full form of “VPA”?

Answer

Q18. What is the size of the new 10-rupee bank note?

Answer

Q19. Ravneet Gill is the CEO of which of the following banks?

Answer

Q20. On which of the following committee's recommendation was the Payment Bank set up in India?

Answer

Banking Awareness June 2019 Quiz - 15th

Q1. Which one of them is/are not Capital Market Instruments?

Answer

Q2. Demand draft is a negotiable instrument issued by a certain bank that directs the other bank or one of its own branches to pay a certain sum of money to the payee. A demand draft in which the payment is made only after the specified period is known as ____.

Answer

Q3. What is the maximum limit for a loan under the Tarun scheme of Mudra Bank loan Yojana?

Answer

Q4. Reserves that can act as a liquidity buffer for commercial banks during crisis times are __-.

Answer

Q5. As per the RBI guidelines on the licensing of Small Bank and Payment Bank, what is the minimum paid-up capital requirement?

Answer

Q6. The Government of India has raised for filing loan recovery application in the Debt Recovery Tribunals (DRT) by banks and financial institutions to ___.

Answer

Q7. Which of the following will be a condition opposite to that of Ination?

Answer

Q8. NFC, is a form of contactless communication between devices like smartphones or tablets. In ‘NFC’ ‘N’ stands for ___.

Answer

Q9. As per Nepal’s Central Bank circular, which of the following Indian currency denominations can’t be carried and used for trading?

Answer

Q10. The Reserve Bank of India relaxes External Commercial Borrowings (ECBs) norms for infrastructure companies. The minimum average maturity requirement for ECBs in the infrastructure space raised by eligible borrowers has been reduced to ____from earlier ve years

Answer

Q11. In context with Banking, what is a Certificate of Deposit?

Answer

Q12. Which of the following organization released the Financial Stability Report?

Answer

Q13. What percentage of priority sector lending has to be done by foreign banks in India have less than 20 branches in India by 2020?

Answer

Q14. In the event of the death of a laborer during service, the amount to be paid by EPFO has been enhanced from Rs. 2.5 lakh to Rs. ____

Answer

Q15. The share of State Government in Regional Rural Banks is ____.

Answer

Q16. What is the full form of MAT?

Answer

Q17. Under the money back policy, what’s the name of the amount which is paid back to insured via installments?

Answer

Q18. What is the name of a certificate issued by a depository bank, which purchases shares of foreign companies and deposits it on the account?

Answer

Q19. Statutory Liquidity Ratio (SLR) is maintained as a percentage of

Answer

Q20. As per the Banking Ombudsman norms of RBI, the maximum amount which can be provided as compensation is?

Answer

Q21. In BSBDA (Basic Savings Bank Deposit Account) the credits in a financial year do not exceed rupees:

Answer

Q22The lock-in period for Tax Saver Fixed Deposit is?

Answer

Q23. The book ‘The Third Pillar — How Markets and the State leave the Community Behind’ is written by________.

Answer

Q24. The GST Council allowed the ling of GST returns with an annual turnover of up to Rs. 5 crores _____.

Answer

Q25. What is the rank of India in Ease of Doing Business Report, 2019?

Answer

Banking Awareness June 2019 Quiz - 14th

Q1. IFSC code is used to identify the specific branch taking part in the four primary Electronic Funds Settlement Systems in India. _________ is not a part of these four systems.

Answer

Q2 CRISIL is a ___________________.

Answer

Q3. ___________ is the currency that moves regularly, and quickly, between financial markets, so investors ensure they are getting the highest short-term interest rates available.

Answer

Q4. ‘CBLO’ is a money market instrument operated by ____________.

Answer

Q5. The motif of Sanchi Stupa can be seen on the reverse side of _______ note.

Answer

Q6. In February 2019, the Asian Development Bank has bought a 14% stake in __________ for ₹ 137 Crore.

Answer

Q7. Recently, the Reserve Bank of India has set Ways and Means limit for the government at ₹ 75000 Crore. Which among the following is true about Ways and Means Advances (WMA)?

Answer

Q8. Recently, the International Monetary Fund has cut India’s growth forecast for the financial year 2019-20 to _______.

Answer

Q9. What is the current Marginal Standing Facility Rate (MSF) of Reserve Bank of India?

Answer

Q10. The National Payments Corporation of India has slashed the usage fees to _________ for UPI transactions up to ₹ 1000.

Answer

Q11. Banks are authorized to sell third-party products. Which are these products?

Answer

Q12. Which of the following identifies as a Foreign exchange transaction?

Answer

Q13. When RBI raises the Cash reserve Ratio rate what action are the banks required to take?

Answer

Q14. Almost all banks in India are providing special schemes for providing banking services to the rural poor. What is this concept known as?

Answer

Q15. RBI has sold its entire stake except for 1 percent in which of the following organizations?

Answer

Q16. Organization of workers in which of the following ways has proved to be effective in providing microfinance by banks and financial institutions to the rural poor?

Answer

Q17. Bank rate as fixed by RBI means -

Answer

Q18. Increase in remittances from non- resident Indian suggest -

Answer

Q19. Which one of the following does not qualify as priority sector lending by commercial banks?

Answer

Q20. Which of the following is not a method of credit control?

Answer

Banking Awareness June 2019 Quiz - 13th

Q1. Which of the following best defines a floating-rate bond?

Answer

Q2. Financial Action Task Force (FATF) is an initiative of which of the following organisation?

Answer

Q3. The Integrated Grievance Management System (IGMS) is an online consumer complaints registration system which is created by:

Answer

Q4. Which Mutual Funds company had surpassed ICICI Prudential MF to gain top position?

Answer

Q5. Where is the headquarters of the International Monetary Fund (IMF)?

Answer

Q6. Under Pradhan Mantri Jan Arogya Yojana (PMJAY), how much insurance coverage will be provided to each family?

Answer

Q7. Which body introduced Kisan Credit Card?

Answer

Q8. Interest Rate Risk is which type of risk:

Answer

Q9. Who is the current Chairman of Insurance Regulatory and Development Authority of India (IRDAI)?

Answer

Q10. Which of the following general insurance companies has launched 'Trip Protector' policy?

Answer

Q11. Which of the following is a differentiating factor between Capital and Money markets?

Answer

Q12. In February 2019, Life Insurance Corporation (LIC) of India had launched a new micro insurance plan “Micro Bachat”. What is the age limit under this plan?

Answer

Q13. Which among the following became the first bankruptcy case in the country to be resolved under Insolvency and Bankruptcy Code 2016?

Answer

Q14. Which of the following exchange/s comes under the Indian Secondary Market?

Answer

Q15. Where is the headquarter of General Insurance Corporation of India?

Answer

Q16. What does the term 'Financial Exclusion' refers to, in banking system?

Answer

Q17. The stock exchanges are defined under which of the following acts?

Answer

Q18. Which of the following instrument is issued by Government through RBI?

Answer

Q19. What is the tagline of SBI Life Insurance?

Answer

Q20. Certificate of Deposit (CD) is a _____ instrument.

Answer

Q21. 'Bima Bemisaal' is the brand name for which of the following organization’s insurance awareness campaign?

Answer

Q22. As per the RBI guidelines the Small finance banks will also have to ensure that 50% of their loan portfolio constitutes advances of up to _____.

Answer

Q23. What is the full form of CPA?

Answer

Q24. ‘Satellite Sampark’ offices are associated with which of the following insurance company?

Answer

Q25. National Investment and Infrastructure Fund (NIIF) is a fund created by the Government of India for enhancing infrastructure financing in the country. The headquarter of NIIF is located in _____.

Answer

Banking Awareness June 2019 Quiz - 12th

Q1. In banking CTS stands for

Answer

Q2. According to the National Sample Survey Office's (NSSO’s) annual survey, how many states had an unemployment rate higher than the whole India average in 2017-18?

Answer

Q3. Which of the following companies has launched a unique proposition through its campaign #BijliOnEMI?

Answer

Q4. Which of the following bank has decided to link interest rates on the savings bank account to an external benchmark from 1st May 2019?

Answer

Q5. What does the second ‘C’ stands for in ‘FCCB’?

Answer

Q6. Which of the following banks has successfully rolled out major new functionality to support EMV card acquiring across its ATM network and Aadhaar Authentication?

Answer

Q7. India’s Fiscal deficit in the first eight months of FY2018-19 rose to Rs 7.17 lakh crore, which is around ____ of the budgeted target for the current financial year.

Answer

Q8. National Pension Scheme (NPS) is a government-sponsored pension scheme which was launched in 2004 for government employees. The Government has decided to raise its contribution in NPS from 10% to _________.

Answer

Q9. Which of the following banks has designed and developed PaiSA portal for quicker processing of loans under the Deendayal Antyodaya Yojana?

Answer

Q10. Which of the following banks has introduced a new savings bank (SB) scheme ‘KBL SB – TASC’?

Answer

Q11. Who is the author of the famous book “The General Theory of Employment, Interest and Money”?

Answer

Q12. Who is the author of the famous book “The General Theory of Employment, Interest and Money”?

Answer

Q13. The headquarters of Insurance Regulatory and Development Authority of India (IRDAI) is located in ___.

Answer

Q14. Which of the following bank was earlier known as the UTI bank?

Answer

Q15. A cheque presented for payment after 3 months from the date of the cheque is called?

Answer

Q16. Who among the following was the First Indian Governor of Reserve Bank of India (RBI)?

Answer

Q17. The system of banking in which a bank places its funds under 100 percent risk-free assets with maturity matching for its liabilities is known as _______.

Answer

Q18. The Special Drawing Right (SDR) is an international reserve asset, created by the IMF in 1969 to supplement its member countries’ official reserves. The value of the SDR is based on a basket of which of the following major currencies?

Answer

Q19. ATMs which are set up, owned and operated by non-bank entities incorporated under Companies Act 1956, are called ___.

Answer

Q20. The World Economic Outlook (WEO) is a survey conducted and published by ____.

Answer

Q21. Which of the following abbreviation stands to describe Bad banks type institution?

Answer

Q22. Recently the term ‘D-SIBS’ is in news. It is stand for?

Answer

Q23. What is the minimum eligible amount under the SARFAESI Act, 2002?

Answer

Q24. NACH, which has replaced ECS has been implemented by?

Answer

Q25. In which of the following Indian cities is the headquarter of Bandhan Bank located?

Answer

Banking Awareness June 2019 Quiz - 11th

Q1. A service charge on your bank statement will result in

Answer

Q2. Obtaining cash from an ATM is similar to

Answer

Q3. A _______is used to add funds to bank account

Answer

Q4. A ______ endorsement includes the words "FOR DEPOSIT ONLY"

Answer

Q5. A _______offers loans to people starting their own business"

Answer

Q6. Opening a checking account requires completing a _______

Answer

Q7. As we know RBI was comes into existence in 1 April, 1935 but became the central banking authority in

Answer

Q8. Banking companies act passed in

Answer

Q9. 14 Major banks were nationalized in

Answer

Q10. 7 More banks were nationalized in

Answer

Q11. E - Banking covers both Computer banking and _______

Answer

Q12. Which of the following features fit for E - Banking

Answer

Q13. ICICI Bank kicked of online banking in

Answer

Q14. The Banking Ombudsman Scheme, 2006 enables resolution of _______

Answer

Q15. Banking OMBUDSMAN scheme has come into force from

Answer

Q16. The Banking Ombudsman is person appointed by the ________to redress customer complaints against certain deficiency in banking services

Answer

Q17. Banking Ombudsman is a ________

Answer

Q18. Banking Ombudsman has power to summon _______

Answer

Q19. The Banking Ombudsman Scheme was first introduced in _____

Answer

Q20. As we know, the banking ombudsman scheme was first introduced in 1995 and was revised in ___

Answer

Q21. BIS stands for

Answer

Q22. Head office of BIS is situated at

Answer

Q23. The Two representative offices of BIS are situated at

Answer

Q24. Actually BIS was established on

Answer

Q25. The number of central banks which are member of BIS are ______

Answer

Banking Awareness June 2019 Quiz - 10th

Q1. As per the RBI’s second Bi-Monthly policy meet of the financial year 2019-20 (FY20), what is current Repo Rate?

Answer

Q2. Which was the first commercial bank of India?

Answer

Q3. Who has reduced the minimum required level for clearing corporations operating in International financial services centre (IFSC)?

Answer

Q4. Name the Finance Minister who has presented the Union Budget for highest number of times.

Answer

Q5. Which of the following statement is/are correct in relation to NBFC Ombudsman?

Answer

Q6. Who has become the first public sector bank in India to meet RBI’s EMV mandate?

Answer

Q7. Which of the following deposit cannot be accepted by Payment Bank?

Answer

Q8. Where is the head office of India Post Payments Bank located?

Answer

Q9. As per the Interim Budget 2019-20, TDS threshold on interest earned on bank/post office deposits is being raised from Rs. 10,000 to _______.

Answer

Q10. Which among the following statements is incorrect with respect to a 'Depository'?

Answer

Q11. Which of the following banks has launched ‘NRI-Insta-Online’ paperless account facility?

Answer

Q12. VPA is an identifier that can be uniquely mapped to an individual account. What is the full form of “VPA”?

Answer

Q13. Deposit Insurance and Credit Guarantee Corporation ( DICGC) is a subsidiary of _____.

Answer

Q14. Under IMPS, a given amount can also be remitted through ABR Service. What does ABRS stand for?

Answer

Q15. What is the size of new 10-rupee bank note?

Answer

Q16. Which of the following best suits with NOSTRO Accounts?

Answer

Q17. What is the maximum limit on the amount of money that can be sent under Rupee Drawing Arrangement Trade?

Answer

Q18. Bharat QR is a QR based payment solution which represents a new channel of initiating and accepting payments between buyers and sellers using a mobile phone. What does the letter ‘R’ represent in ‘QR’ code?

Answer

Q19. According to the RBI’s guidelines for peer to peer (P2P) lending platforms, what is the minimum net worth requirement for these platforms?

Answer

Q20. An asset would be classified as a doubtful asset under which of the following conditions?

Answer

Banking Awareness June 2019 Quiz - 9th

Q1. Which of the following is correct about ‘First Class Life’?

Answer

Q2. The stock exchanges are defined under which of the following acts?

Answer

Q3. Which insurance company won the Business Today-Money Today Financial Award in the category of 'Best General Insurance Provider'?

Answer

Q4. Which of the following instrument is issued by Government through RBI?

Answer

Q5. What is the tagline of SBI Life Insurance?

Answer

Q6. What is the term used in the contracts which guarantee the payment of a certain sum on the happening of a specified event which is bound to happen sooner or later?

Answer

Q7. A segment of the financial market in which financial instruments with high liquidity and very short maturities are traded is known as

Answer

Q8. Which of the following is not a function of the Securities and Exchange Board of India (SEBI)?

Answer

Q9. The amount to be paid to the holder of a financial obligation at the obligation's maturity is known as ____.

Answer

Q10. Which of the following insurance company is responsible for implementing Pradhan Mantri Vaya Vandana Yojana (PMVVY)?

Answer

Q11. The GST Council has reduced the tax on under construction residential properties to how much per cent?

Answer

Q12. Which insurance company won the ‘Non-Life Insurer of The Year Award 2019’?

Answer

Q13. Which of the following is the amount of liability covered for an individual by insurance services?

Answer

Q14. If a cheque is presented for payment after three months the date mentioned in the cheque, this type of cheque is known as:

Answer

Q15. The Executive Council of Insurers (ECOI) was established under which of the following Rules/Act?

Answer

Q16. According to the Depositor Education and Awareness Fund (DEAF) Scheme 2014, deposits which were not operated or are unclaimed for which of the following periods had to be transferred annually to the DEAF account?

Answer

Q17. Under which of the following types of account, a specied amount is deposited every month for a specic period, say, 12, 24, 36 or 60 months?

Answer

Q18. ‘SIP’ in Mutual Fund business means:

Answer

Q19. Which among the following not a subsidiary of RBI?

Answer

Q20. The Chairman and Managing Director of which insurance company has been awarded the Freedom of the City of London in recognition of her work to promote insurance ties between India and the UK?

Answer

Q21. Consider the following statements with respect to the term ‘whole life insurance’:

I. Sometimes whole life insurance is also called ‘straight life’ or ‘ordinary life’. II. This life insurance policy which is guaranteed to remain in force for the insured's entire lifetime, provided required premiums are paid, or to the maturity date. III. Insured party pay premium for a xed period. Which of the statements given above is/are correct?

Answer

Q22. Consider the following statements in context of‘reinsurance’.

I. It is a form of insurance purchased by insurance companies in order to mitigate risk. II. It protects insurance companies from financial ruin. III. There are two basic methods of reinsurance, Facultative and Treaty reinsurance. Which of the statements given above is/are correct?

Answer

Q23. What is the situation where there is a possibility of loss or no loss but no possibility of gain in insurance?

Answer

Q24. In context with the India First Life Insurance Company, consider the following statements.

I. India First Life Insurance incorporated in 2009. II. India First Life Insurance Company is the first insurance company in India III. It is a joint venture between two public sector bank of India- Andhra Bank and Bank of Baroda and UK’s financial and investment company. Which of the statements given above is/are correct?

Answer

Q25. With respect to ‘riders’ in insurance contract consider the following statements:

I. Rider is used to convey the terms of policy amendments and the amendments thereby become the part of the policy. II. Additional forms attached to the policy that modify it in some way, either unconditionally or upon the existence of some condition. III. Term has several distinct and confusing meanings Which of the statement given above is/are correct?

Answer

Banking Awareness June 2019 Quiz - 8th

Q1. Which of the following is/are incorrect with respect to the 'Indigenous bankers'?

Answer

Q2. As per the RBI’s second Bi-Monthly policy meet of the financial year 2019-20 (FY20), what is current Repo Rate?

A. 6.75% B. 5.75% C. 7.0% D. 6.0% Answer: B
Q3. Which Payments Bank allowed users to withdraw cash from ATMs, without the need for a physical debit or credit card?

Answer

Q4. gives right to the directors or employees of a company to purchase or subscribe the company’s securities

Answer

Q5. Who has reduced the minimum required level for clearing corporations operating in International financial services centre (IFSC)?

Answer

Q6. Which of the following General Insurance companies has launched a product to protect businesses from financial and representational losses due to cyber-attacks?

Answer

Q7. Which of the following statement is/are correct in relation to NBFC Ombudsman?

Answer

Q8. Which of the following deposit cannot be accepted by Payment Bank?

Answer

Q9. Which among the following debentures can not be converted into equity shares?

Answer

Q10. Which among the following statements is incorrect with respect to a 'Depository'?

Answer

Q11. VPA is an identifier that can be uniquely mapped to an individual account. What is the full form of “VPA”?

Answer

Q12. On 10th, April 2019, which of the following companies has launched new cloud platform ‘Anthos’ which allow users to run applications from anywhere?

Answer

Q13. As per latest Fitch Ratings report “Global Economic Outlook”, what is India’s growth forecast for 2018-19?

Answer

Q14. What is the size of new 10-rupee bank note?

Answer

Q15. Which of the following Iranian bank will open a branch in Mumbai?

Answer

Q16. Rana Kapoor is the CEO of which of the following banks?

Answer

Q17. Which of the following is India's first scholarship mobile app that was launched by Union Ministry for Minority Affairs?

Answer

Q18. What is the maximum limit on the amount of money that can be sent under RDA (Trade)?

Answer

Q19. According to the RBI’s guidelines for peer to peer (P2P) lending platforms, what is the minimum net worth requirement for these platforms?

Answer

Q20. On which of the following committee's recommendation was the Payment Bank set up in India?

Answer

Q21. Axis Bank has become the first bank in the country to introduce Iris Scan Authentication feature for Aadhaar -based transactions. Where is the headquarter of Axis Bank?

Answer

Q22. Recurring accounts can best be canvassed among

Answer

Q23. Name the Finance Minister who has presented the Union Budget for highest number of times.

Answer

Q24. MCLR started by the government in which year _____.

Answer

Q25. KYC policy has been actually innovated by ________________.

Answer

Banking Awareness June 2019 Quiz - 7th

Q1. Markets regulator SEBI directed National Stock Exchange to pay more than Rs in the case of misuse of its co-location facility.

Answer

Q2. Which company has launched a recurring payment service for merchants that are working on a digital subscription model?

Answer

Q3. Global card payments brand has announced its plan of investing $1 billion in India operations over the period of next 5 years.

Answer

Q4. Which of the following Indian company has acquired British toy retailer ‘Hamleys’ in all cash deal (67.96 million pounds)?

Answer

Q6. Digital payments company Paytm, in association with has launched its first credit card called Paytm First Card.

Answer

Q7. Which telecom company and HDFC Life Insurance have tied up to offer life cover for customers who get a prepaid recharge done?

Answer

Q8. Which of the following company has partnered with India Mortgage Guarantee Corporation (IMGC) to offer a mortgage-guaranteed home loan product recently?

Answer

Q9. State-run telco has announced that it has joined hands with internet major Google to expand its WiFi footprint across the country.

Answer

Q10. Leading stock exchange BSE has launched ‘BSE StAR MF’ app to enable more participation and help mutual fund distributors process transactions faster. Who is the present MD and CEO of Bombay Stock Exchange?

Answer

Q11. HDFC Capital Advisors, a wholly-owned subsidiary of HDFC Ltd, launched a new initiative called ‘HDFC Affordable Real Estate and Technology Program (HeART). Who is present Chairman of HDFC Limited?

Answer

Q12. NITI Aayog has circulated a cabinet note to provide Rs for the establishment of AIRAWAT, a cloud computing platform along with research institutes.

Answer

Q13. After the RBI released a draft framework for setting up a regulatory sandbox (RS) for fintech players in the counter, the market and insurance regulators SEBI and IRDAI have also launched similar initiatives. For the IRDAI sandbox, an applicant should have a net worth of Rs and a proven financial record of at least one year.

Answer

Q14. Which state became the first state to tap into masala bond market worth of USD 312 million (Rs 2,150 crore) in London Stock Exchange (LSE)’s International Securities Market (ISM)?

Answer

Q15. The Reserve Bank of India has appointed its former Deputy Governor, on the board of private sector lender YES Bank as an additional director.

Answer

Q16. According to the RBI reports, the Reserve Bank of India inserted total liquidity of how much amount in the market in 2018-19?

Answer

Q17. According to the report, the Reserve Bank of India (RBI) has given Life Insurance Corporation of India (LIC) how much time to reduce its stake by 10 percent in IDBI Bank?

Answer

Q18. Which of the following companies announced to acquire Philippine largest personal care company ‘Splash’?

Answer

Q19. Who is the author of the book ‘The Third Pillar-How Markets and the State leave the Community Behind’?

Answer

Q20. Who has been appointed Secretary, Defence Finance?

Answer

Q21. Who has been appointed as the Managing Director (MD) of Infrastructure Leasing & Financial Services (IL&FS)?

Answer

Q22. How much amount has been allocated for 'Pradhan Mantri Shram-Yogi Maandhan' in the Interim Budget 2019-20?

Answer

Q23. Which of the following city hosted the 49th annual meeting of World Economic Forum (WEF)?

Answer

Q24. Name the process of converting the securities held in an electronic form in a Demat account to a physical certificate form.

Answer

Q25. The stock exchanges are defined under which of the following acts?

Answer

Banking Awareness June 2019 Quiz - 6th

Q1. Export Credit Guarantee Corporation of India comes under which Ministry?

Answer

Q2. What do you mean by Gratuity?

Answer

Q3. Sometimes due to lack of money people get a term insurance but later on change it to a permanent policy. This is known as________.

Answer

Q4. The principle according to which the insured person is repaid only that amount of money, which he/she has actually suffered loss, is known as ________.

Answer

Q5. Under which of the following Act, the General Insurance Council was established?

Answer

Q6. Which of the following provides pension or a mix of lump sum payment to the policy holder or his/her spouse?

Answer

Q7. Money lent for more than one day but less than 15 days in the money market is known as ____.

Answer

Q8. Which of the following provide insurance coverage and financial support to the farmers in the failure of any of the noticed crop as a result of natural calamities, pests and diseases?

Answer

Q9. A person must be benefited by that thing which he wants to be insured is called:

Answer

Q10. Who is the Chairman of Life Insurance Corporation?

Answer

Q11. Bulls and Bears are terms used in ___.

Answer

Q12. What is the minimum capital requirement for setting up a composite broker?

Answer

Q13. The process of renewing an insurance policy after it gets terminated is called ____.

Answer

Q14. What is the full form of ULIP?

Answer

Q15. A Non-Banking Financial Company (NBFC), is a company registered under ____

Answer

Q16. Who is the Chairman of Pension Fund Regulatory and Development Authority (PFRDA)?

Answer

Q17. A party or entity who transfers the rights of the contract they hold to another party is known as ____.

Answer

Q18. The minimum amount of investment required to issue a certificate of deposit is _______.

Answer

Q19. A document which entails procedures to avail the compensation under Insurance policy is known asD policyholder

Answer

Q20. Which of the following is the maximum amount that can be invested in a National Savings Certificate (NSC)?

Answer

Banking Awareness June 2019 Quiz - 5th

Q1. Which among the following life insurers has been conferred with the FICCI Claims Excellence Award?

Answer

Q2. Who has become the first public sector bank in India to meet RBI’s EMV mandate?

Answer

Q3. As per the Interim Budget 2019-20, TDS threshold on interest earned on bank/post office deposits is being raised from Rs. 10,000 to

Answer

Q4. Which of the following exchange/s comes under the Indian Secondary Market?

Answer

Q5. Which of the following tax is levied on every purchase or sale of securities that are listed on the Indian stock exchange?

Answer

Q6. Which of the following banks has signed an Memorandum of understanding (MoU) with agriculture services companies to develop an agriculture digital platform ‘Baroda Kissan’ for the solutions of agricultural requirements?

Answer

Q7. Which of the following banks has launched ‘NRI-Insta-Online’ paperless account facility?

Answer

Q8. Under IMPS, a given amount can also be remitted through ABR Service. What does ABRS stand for?

Answer

Q9. With a vision to empower Micro Small and Medium Enterprises (MSMEs) and small businesses, PAISALO Digital Limited signed the first co-origination loan agreement with which of the following banks?

Answer

Q10. Which of the following best suits with NOSTRO Accounts?

Answer

Q11. Which was the first commercial bank of India?

Answer

Q12. The State Bank of India (SBI) had launched its Global NRI Centre (GNC) in which of the following cities?

Answer

Q13. The IBBI is one of the most important institutional arrangements that India has. What does the abbreviation 'IBBI' stand for?

Answer

Q14. Bharat QR is a QR based payment solution which represents a new channel of initiating and accepting payments between buyers and sellers using a mobile phone. What does the letter ‘R’ represent in ‘QR’ code?

Answer

Q15. An asset would be classified as a doubtful asset under which of the following conditions?

Answer

Q16. IFSC Code is a 11-digit alphanumeric code that is used for NEFT, RTGS and IMPS fund transfers. In ‘IFSC’ ‘I’ stands for___.

Answer

Q17. “Apka Bhala and Sabki Bhalayi” is the tagline for which of the following banks?

Answer

Q18. Where is the head office of India Post Payments Bank located?

Answer

Q19. Deposit Insurance and Credit Guarantee Corporation ( DICGC) is a subsidiary of _____.

Answer

Q20. What is the duration of PPF account?

Answer

Banking Awareness June 2019 Quiz - 4th

Q1. As per Nepal’s Central Bank circular, which of the following Indian currency denominations can’t be carried and used for trading?

Answer

Q2. In RNBC, what does R stand for?

Answer

Q3. Under PSL, Foreign Bank having branches less than 20 In India are required to maintain the target of 40 %, which is to be achieved in a phased manner by_____.

Answer

Q4. What does ‘A’ stand for in ‘NACH’?

Answer

Q5. Who has been appointed Managing Director (MD) and CEO of ICICI Securities?

Answer

Q6. 'Sub Prime Lending' is a term applied to the loan made to ___.

Answer

Q7. As per the Interim Budget 2019-20, how much amount has already been recovered in favour of banks and creditors?

Answer

Q8. The headquarter of Rabobank is in ______.

Answer

Q9. On [latex]10^{th][/latex], April 2019, which of the following companies has launched new cloud platform ‘Anthos’ which allow users to run applications from anywhere?

Answer

Q10. Where is the head office of India Post Payments Bank located?

Answer

Q11. Where is the headquarter of Jana Small Finance Bank?

Answer

Q12. Which of the following statements gives the most correct definition of “Lender of Last Resort”?

Answer

Q13. Which ministry has established an export promotion cell to create a sustainable ecosystem?

Answer

Q14. As per the guidelines issued by the SEBI the Permanent Account Number (PAN) is must for which of the following?

Answer

Q15. Which of the following banks has extended the Rs 4,100 crore loan for Visakhapatnam (VIZAG) Metro Rail project in Andhra Pradesh?

Answer

Q16. What was the theme of the World Sustainable Development Summit-2019?

Answer

Q17. The mobile banking app “LIME” was introduced by which of the following banks?

Answer

Q18. The benefit of standard deduction from salary was introduced in Budget 2018. The standard deduction of Rs 40,000 is increased to Rs. ____ in the Interim Budget 2019-20.

Answer

Q19. The main function of an Asset Management Company is to:

Answer

Q20. How much amount has been allocated for 'Pradhan Mantri Shram-Yogi Maandhan' in the Interim Budget 2019-20?

Answer

Banking Awareness June 2019 Quiz - 3rd

Q1. MSF is the rate at which banks can borrow overnight from RBI. What is the full form of MSF?

Answer

Q2. Which of the following is not a technique/tool/instrument of money/credit control by the Reserve Bank of India?

Answer

Q3. In which of the following bank accounts a depositor can deposit his funds multiple times and can also withdraw the amount multiple times he wishes?

Answer

Q4. Which of the following bank is headquartered in Kolkata and has the tagline- ‘A tradition of trust’?

Answer

Q5. Which of the following category of cheques is valid only in a given city and a given branch in which drawer has an account?

Answer

Q6. The account in which trading of shares in their electronic form is done is known as _____.

Answer

Q7. Under which of the following sections of the Reserve Bank of India (RBI) Act 1934, does the RBI possess the sole right to issue bank notes of all denominations?

Answer

Q8. Which funds transfer system involves transfer of money from one bank to another on a "real time" basis?

Answer

Q9. In India the inflation is calculated on the basis of which of the following indexes?

Answer

Q10. What is an 'ante-dated' cheque?

Answer

Q11. Which organisation has launched a 5G Use Cases Lab for banking and financial sector recently?

Answer

Q12. Which Bank has launched ‘NRI-Insta-Online’ account opening process for NRIs residing in the Financial Action Task Force (FATF) member countries?

Answer

Q13. IDRBT is an institution exclusively focused on banking technology. What is the full form of IDRBT?

Answer

Q14. Industrial Development Bank of India (IDBI) was established in 1964 by an Act to provide credit and other financial facilities for the development of the fledgling Indian industry. IDBI Bank is a-

Answer

Q15. Who has been appointed as the President of the World Bank recently?

Answer

Q16. Reserve Bank of India (RBI) has appointed 5-member committee under the chairmanship of to strengthen digital payments as well as to boost financial inclusion through Financial Technology.

Answer

Q17. India has extended a grant assistance of up to USD million to Nepal for the reconstruction of infrastructures in the areas of housing, education, health and cultural heritage that was destroyed during the devastating April 2015 earthquake which saw the death of over 9,000 people.

Answer

Q18. The International Monetary Fund (IMF) and the World Bank have together launched a private blockchain with a pseudo-token. The new token called-?

Answer

Q19. Where is the headquarters of IDRBT?

Answer

Q20. Bank of Baroda has become the largest bank in the country.

Answer

Banking Awareness June 2019 Quiz - 2nd

Q1. The Reserve Bank of India (RBI) has announced an extension of timings for customer transactions through Real Time Gross Settlement (RTGS) from 4:30 PM to ______.

Answer

Q2. What do you understand by Cheque Truncation System?

Answer

Q3. The State bank of India (SBI) has slashed the daily withdrawal limit on its classic debit card from Rs 40,000 to Rs. _______.

Answer

Q4. The book ‘The Third Pillar — How Markets and the State leave the Community Behind’ is written by________.

Answer

Q5. The Banks recover term loan from the parties in EMIs. What does the letter ‘E' represent in the term?

Answer

Q6. Which of the following city hosted the India Steel 2019 Exhibition and Conference?

Answer

Q7. The Reserve Bank of India (RBI) will introduce Rs 20 denomination banknotes in the Mahatma Gandhi (New) Series, having the signature of the RBI Governor. What is the dimension of the Rs 20 banknote?

Answer

Q8. In which of the following types of cheques, the person whose name is written by the issuer, is the only person authorized to collect the amount?

Answer

Q9. Which of the statutory body has signed a Memorandum of Understanding (MoU) to Indian Coast Guard for coordination in the aeronautical & maritime search and rescue operations?

Answer

Q10. The Reserve Bank of India (RBI) has announced to launch a new ‘Greenish Yellow’ coloured banknote for which of the following denominations?

Answer

Q11. Which bank has launched the YONO Cash service for its customers which will allow them to withdraw cash from ATMs

Answer

Q12. Which country launched the world’s first Sovereign Blue Bond?

Answer

Q13. As per Nepal’s Central Bank circular, which of the following Indian currency denominations can’t be carried and used for trading?

Answer

Q14. 'Cheque' and Demand Draft' come under the purview of which of the following Acts?

Answer

Q15. Which of the following banks has launched India’s first ‘Green Car Loan’ to encourage customers to buy electric vehicles?

Answer

Q16. The GST Council allowed the ling of GST returns with an annual turnover of up to Rs. 5 crore _____.

Answer

Q17. The current account deficit (CAD), has remained as high as 5.6% approx. six years ago. The CAD is likely to be ______ of GDP this year.

Answer

Q18. The Reserve Bank of India (RBI) set up an expert committee to suggest long-term solutions for the economic and financial sustainability of the MSME sector. Who is the head of the expert committee?

Answer

Q19. ___________ refers to the borrowing raised by Indian corporate from international markets.

Answer

Q20. Under the Pradhan Mantri Shram Yogi Maan-Dhan scheme, Workers of the unorganized sector will receive how much Rupees pensions after attaining the age of 60 years?

Answer

Banking Awareness June 2019 Quiz - 1st

Q1. The Reserve Bank of India (RBI) has announced an extension of timings for customer transactions through Real Time Gross Settlement (RTGS) from 4:30 PM to ______.

Answer

Q2. The Banks recover term loan from the parties in EMIs. What does the letter ‘E' represent in the term?

Answer

Q3. What does the first ‘S’ in USSD stands for?

Answer

Q4. Which of the following accounts provides facility to exporters for converting foreign exchange into Rupees at the minimum cost?

Answer

Q5. A SWIFT transfer is a type of international money transfer sent via the SWIFT international payment network. For every bank, there is a special swift code that works for its identification. The SWIFT code consists of how many characters?

Answer

Q6. Which of the following banks has been founded by Sardar Dayal Singh Majithia?

Answer

Q7. In which of the following types of cheques, the person whose name is written by the issuer, is the only person authorized to collect the amount?

Answer

Q8. Which of the following banks has taken over the Centurion Bank of Punjab?

Answer

Q9. Which entity is responsible for the measurement of National Income in India?

Answer

Q10. Which body under WTO acts as a dispute settlement body

Answer

Q11. Which of the following banks has launched ‘Bank of Wheels’ service?

Answer

Q12. The Reserve Bank of India (RBI) has announced to launch a new ‘Greenish Yellow’ coloured banknote for which of the following denominations?

Answer

Q13. Which of the following bank has proposed to sell its stake in PNB Met life India to private equity player Oman India Joint Investment Fund II for Rs 185 crore?

Answer

Q14. Which bank has launched the YONO Cash service for its customers which will allow them to withdraw cash from ATMs without their debit cards?

Answer

Q15. Which insurance company has launched a specially designed mentor ship program ‘Wings’, to empower the female workforce?

Answer

Q16. As per Nepal’s Central Bank circular, which of the following Indian currency denominations can’t be carried and used for trading?

Answer

Q17. The GST Council allowed the ling of GST returns with an annual turnover of up to Rs. 5 crore _____.

Answer

Q18. Which among the following bank has decided to adopt 2,000 villages by 2021 and provide banking and agri-tech solutions to more than a lakh people through this initiative?

Answer

Q19. Which country launched the world’s first Sovereign Blue Bond?

Answer

Q20. PNB Metlife has unveiled an Articial Intelligence (AI)-powered customer service app ______.

Answer

Q21. The State bank of India (SBI) has slashed the daily withdrawal limit on its classic debit card from Rs 40,000 to Rs. _______.

Answer

Q22. Which of the following insurance companies has launched Cyber Insurance Policy 'E @ Secure' for individuals?

Answer

Q23. Which of the following banks has been named as the World's Best Bank by Global Finance magazine?

Answer

Q24. India's first Mobile Open Exchange zone to be set up in which of the following cities/union territories?

Answer

Q25. Which bank has announced a strategic partnership with the FMCG arm of The Art of Living — Sri Sri Tattva?

Answer

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Banking Awareness June 2019 Quiz

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