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Banking Awareness November 2019 Quiz

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Banking Awareness November 2019 Quiz

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The article Banking Awareness Quiz includes Banking Awareness November 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.

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Q1. With effect from November 18, 2019, Sundaram BNP Paribas Home Finance renamed as _______.
    A. BNP Paribas Home Finance B. Sundaram BNP Home Finance C. Home Finance of Sundaram D. Sundaram Home Finance Answer: D

Q2. The National Council of Applied Economic Research (NCAER) has pegged India’s gross domestic product (GDP) growth for 2019-20 at __
    A. 4.5 per cent B. 4.7 per cent C. 4.9 per cent D. 5.1 per cent Answer: C

Q3. According to data from the Reserve Bank of India (RBI), Non-Performing Assets (NPAs) for unrated loans has increased to __ in 2018
    A. 14% B. 18% C. 24 % D. 28% Answer: C

Q4. The Union Cabinet has approved the creation of an Alternative Investment Fund (AIF) of ___ to revive stalled affordable and middle-income housing projects across the country.
    A. ₹20,000 crore B. ₹25,000 crore C. ₹35,000 crore D. ₹40 000 crore Answer: B

Q5. Who was the chairman of the committee formed by the Reserve Bank of India (RBI) which has recommended measures to strengthen Core Investment Companies (CIC)?
    A. SS Bhalla B. TN Manoharan C. Harsh Vardhan D. Tapan Ray Answer: D

Q6. The Competition Commission of India (CCI) has approved the merger of the BNP Paribas (BNPP) Mutual Fund and which Mutual Fund?
    A. Tata Equity PE Fund B. L&T Tax Advantage Fund C. Bank of Baroda (BOB) Mutual Fund D. Kotak Corporate Bond Fund Answer: C

Q7. Which of the following online transactions fee of savings bank account will be not charged by Banks from January 2020?
    A. Automated Teller Machine B. Unified Payments Interface (UPI) C. National Electronic Fund Transfer (NEFT) D. Real-time gross settlement (RTGS) Answer: C

Q8. In the Sample Registration System (SRS) Bulletin-2016, released on November 07, 2019, which state has shown the highest percentage decline in MMR?
    A. Bihar B. Karnataka C. Madhya Pradesh D. Rajasthan Answer: B

Q9. The Reserve Bank of India has increased the household income limits for borrowers of Non-Banking Financial Companies (NBFCs) and micronance institutions (MFIs) from 1 lakh to
    A. 1.25 lakh rupees. B. 1.50 lakh rupees. C. 1.75 lakh rupees. D. 2.00 lakh rupees. Answer: A

Q10. Which of the following banks has tied up with Common Service Centre (CSC) e-Governance Services India Limited to expand its reach to villages and remote towns as banking correspondents?
    A. HDFC Bank B. State Bank of India C. Axis Bank D. ICICI Bank Answer: D

Q11. Name the Indian company that crossed the crossed the total market capitalization of Rs 9 lakh crore and is now the most valued Indian company in terms of market cap?
    A. Oil and Natural Gas Corporation (ONGC) B. Reliance Industries Limited (RIL) C. State Bank of India (SBI) D. Coal India Limited (CIL) Answer: B

Q12. On October 18, 2019, The Ministry of Finance notied that banks will not levy charges or merchant discount rate (MDR) on digital payments to the customers or merchants of the businesses with an annual turnover of more than __________ from 1 November 2019?
    A. Rs. 25 crores B. Rs 50 crore C. Rs 75 crore D. Rs 100 crore Answer: B

Q13. Who is the brand ambassador of payment technology major Mastercard which has launched campaign- ‘Team Cashless India’ to bring more merchants and customers on board with an aim to boost digital payments in India?
    A. Sachin Tendulkar B. Virat Kohli C. Mahendra Singh Dhoni D. Rohit Sharma Answer: C

Q14. On October 12, 2019, The Asian Development Bank (ADB) and the Government of India (GoI) have signed the Tranche 2 loan agreement worth ______ to upgrade 754 kilometers of Rajasthan state highways and major district roads (MDRs) to two-lane or intermediate-lane standards.
    A. $190 million B. $200 million C. $220 million D. $250 million Answer: A

Q15. Which of the following entities has received a license from the Reserve Bank of India (RBI ) to set up a non-banking financial company (NBFC) in Bengaluru?
    A. UAE Exchange India B. Credit Saison India C. Suryamani Financing Co Ltd. D. Smart Global Ventures Answer: B

Q16. Which of the following states has received the approval from Reserve Bank of India for setting up its own Bank, by amalgamating 13 district co-operative banks (DCBs) with its State Co-operative Bank?
    A. Maharashtra B. Rajasthan C. Utter Pradesh D. Kerala Answer: D

Q17. Which of the following banks signed a Memorandum of Understanding (MoU) with the National Investment and Infrastructure Fund (NIIF) to provide a boost to infrastructure nancing?
    A. Punjab National Bank B. Bank of India C. State Bank of India D. Bank of Baroda Answer: C

Q18. US-based Major credit rating agency Moody's Investors Service estimated that the Indian economy will grow at __ in the financial year 2020.
    A. 6.2% B. 6.0% C. 5.8% D. 5.5% Answer: C

Q19. From which of the following banks India has got the first set of account details of its nationals under a new a new Automatic Exchange of Information (AEOI) framework, a major milestone in the government's ght against black money stashed abroad?
    A. UBS Group B. Swiss Bank C. Royal Bank of Scotland D. Zurich Cantonal Bank Answer: B

Q20. As per the data released by Reserve Bank of India (RBI) on India’s balance of payments (BoP) for the first quarter 2019-20 how much percentage of the Gross Domestic Product (GDP) of India is contributed by Current Account Decit (CAD)?
    A. 2.0% B. 2.5% C. 3.0% D. 3.5% Answer: A

Q21. What is the tagline of Andhra Bank?
    A. Where India Banks B. Badhati ka Naam Zindagi C. One Family Bank D. Together We Can Answer: A

Q22. Bharatiya Reserve Bank Note Mudran press located in which two cities?
    A. Kolkata & Kanpur B. Salboni & Hyderabad C. Salboni & Mysuru D. Nashik & Dewas Answer: C

Q23. Which among the following is the rating system used by the banks supervisory authorities to assign each bank a score on a scale of best to worst?
    A. CAMELS B. LAF C. MSF D. RTGS Answer: A

Q24. An open market operation is an instrument of monetary policy which involves buying or selling of ________from or to the public and banks.
    A. Bonds B. Government Securities C. Shares D. Debentures Answer: B

Q25. What does S stand for in MSF used in banking?
    A. Schedule B. Sequence C. Standing D. Search Answer: C

Q26. When was Standup India introduced?
    A. 9-May-2017 B. 16-Jul-2015 C. 25-Aug-2014 D. 5-Apr-2016 Answer: D

Q27. Who is Deputy Secretary General of United Nation (UN)?
    A. Christine Lagarde B. Amina J. Mohammed C. Takehiko Nakao D. K. V. Kamath Answer: B

Q28. David Malpass____ President of World Bank.
    A. 14th B. 13th C. 12th D. 15th Answer: B

Q29. Lorenz curve is related to_________.
    A. Distribution of wealth B. Distribution of income C. Unemployment D. Inflation Answer: A

Q30. Who is the chairman of Life Insurance Corporation of India?
    A. Rajnish Kumar B. Anshula Kant C. Rajiv Kumar D. MR Kumar Answer: D
Q1. Which of the following is a type of Unemployment?
    A. Structural Unemployment B. Cyclical Unemployment C. Frictional Unemployment D. All of the above Answer: D

Q2. The monetary units of the International Monetary Fund is called _____ .
    A. ADR B. ETF C. SDR D. GDR Answer: C

Q3. Who is the Director-General of the World Trade Organization?
    A. Roberto Azevêdo B. Peter Sutherland C. David Malpass D. John max Answer: A

Q4. Debenture holder of a company is also its_______
    A. Shareholder B. Director C. Creditor D. Debtor Answer: C

Q5. How many countries are the members of Asian Development Bank (ADB)?
    A. 189 B. 193 C. 160 D. 68 Answer: D

Q6. Which among the following Country is the member of SAARC?
    A. Myanmar B. Brazil C. Pakistan D. Singapore Answer: C

Q7. What is a Repo Rate?
    A. It is a rate at which RBI sells government securities to banks B. It is a rate at which banks borrow rupees from RBI C. It is a rate at which RBI allows small loans in the market D. It is a rate which is offered by Banks to their most valued customers or prime customers Answer: B

Q8. ____________ refers to economic condition where economic growth is very slow and prices are rising.
    A. Inflation B. Deflation C. Stagflation D. Hyperinflation Answer: C

Q9. Expand BFSI-
    A. Banking, Financial Services, and Insurance B. Banking, Financial Security and Insurance C. Beneficial, Financial Services and Insurance D. Banking, Financial Services, and Investment Answer: A

Q10. Which of the following comes under the purview of E-banking?
    A. ATM B. Debit cards C. Credit cards D. All of the above Answer: D

Q11. Which major market segments are under the regulatory ambit of the Reserve Bank of India?
    A. Interest rate markets B. Government Securities market C. Money markets D. All of these Answer: D

Q12. In which year the financial market reforms begin with Sukhamoy Chakravarty and Vaghul Committee?
    A. 1980 B. 1982 C. 1987 D. 1985 Answer: D

Q13. The Tagline of Reserve Bank of India is _________.
    A. India's Central Bank B. The Government Bank C. Honors Your Trust D. Invest With Confidence Answer: A

Q14. Pradhan Mantri Gram Sadak Yojana (PMGSY) was started in_________.
    A. 1999 B. 2000 C. 2001 D. 2002 Answer: C

Q15. An asset is tagged as non-performing when it ceases to generate income for the lender after how many days?
    A. 100 B. 90 C. 200 D. 365 Answer: B

Q16. Where is the Headquarters of European Bank for Reconstruction and Development (EBRD)?
    A. Geneva, Switzerland B. Vienna, Austria C. London, UK D. Rome, Italy Answer: C

Q17. Which of the following is an e-Commerce solution of National Payments Corporation of India (NPCI)?
    A. e-payment B. RuPay Debit Cards C. PayRu Credit Cards D. None of these Answer: D

Q18. Which country has banned the use of Indian currency notes of Rs 2,000, Rs 500 and Rs 200 denominations?
    A. Thailand B. Nepal C. Sri Lanka D. Pakistan Answer: B

Q19. Caracas is the capital of which of the following country?
    A. Venezuela B. Uzbekistan C. Yemen D. Turkmenistan Answer: A

Q20. Which was the first Indian RRB that achieved Core Banking Solution (CBS) in 2011?
    A. Pallavan bank B. Rushikulya gramya bank C. Allahabad UP gramin bank D. Bangiya gramin vikash bank Answer: B

Q21. ____________ refers to economic condition where economic growth is very slow and prices are rising
    A. Inflation B. Deflation C. Stagflation D. Hyperinflation Answer: C

Q22. Expand BFSI. A. Banking, Financial Services, and Insurance B. Banking, Financial Security and Insurance C. Beneficial, Financial Services and Insurance D. Banking, Facility, and Services with Insurance Answer: D
Q23. Who is authorized to maintain the accounts of dematerialized shares?
    A. NSDL B. CDSL C. NSE D. Both (1) & (2) Answer: D

Q24. BSE Ltd was granted permanent recognition under ____.
    A. SBI Act 1955 B. Companies Act 1956 C. RBI Act 1934 D. SCRA Act 1956 Answer: D

Q25. Cheques that are issued by a bank and function as cash but are protected against loss or theft are called.
    A. Traveler’s cheque B. Negotiable cheque C. Crossed cheque D. Special cheque Answer: A

Q26. Bombay Stock Exchange Ltd is known as BSE Ltd but was established as the Native Share Stock Brokers Association in ____.
    A. 1875 B. 1885 C. 1895 D. 1975 Answer: A

Q27. Which is an instrument of short-term borrowing by the Government of India?
    A. Commercial Bill B. Commercial Paper C. Treasury Bills D. Share Answer: C

Q28. The best indicator of economic development of any country is____.
    A. Its agriculture B. Its transport C. Its gross production D. Its per capita income Answer: D

Q29. Where is the headquarter of International Labour Organisation situated?
    A. Geneva B. Paris C. New York D. Vienna Answer: A

Q30. The holidays for the banks are declared according to which act?
    A. Reserve Bank Act B. Negotiable Instrument Act C. Banking Regulation Act D. Companies Act Answer: B
Q1. India’s first dinosaur museum and Fossil Park opened in which state?
    A. Madhya Pradesh B. Kerala C. Gujarat D. Tamil Nadu Answer: C

Q2. "The Aadi Mahotsav" is a National Tribal Festival is celebrated in which Union Territory of India?
    A. Jammu and Kashmir B. Lakshadvip C. Ladakh D. Andaman and Nicobar Answer: C

Q3. Which of the following museums is set to nd a place in Asia Book of Records for becoming the most visited museum in Asian sub-continent on a single day?
    A. Salar Jung Museum B. The Palace Museum C. Islamic Art Museum D. Virasat-e-Khalsa Museum Answer: D

Q4. The annual Hindu Festival ‘Bonalu’ is celebrated in which state of India?
    A. Tamil Nadu B. Bihar C. Telangana D. West Bengal Answer: C

Q5. Which of the following Indian lm has won Best Feature Film award at SAARC lm festival?
    A. Chalay Thay Saath B. Walking With the Wind C. Na Bole Wo Haram D. Nagarkirtan Answer: D

Q6. Which of the following Hollywood actress has been named as UNESCO Goodwill Ambassador for Indigenous Peoples?
    A. Angelina Jolie B. Yalitza Aparicio C.Salma Hayek D. Emma Stone Answer: B

Q7. Who among the following has become the first Arab to reach the International Space Station (ISS)?
    A. Alnajjar B. Farouk El-Baz C. Hazzaa Al-Mansoori D. Magdy Yacoub Answer: C

Q8. In September 2019, which country became the first Asian nation to unveil plain cigarette packaging to reduce the appeal of smoking and complied with the World Health Organisation’s (WHO) guidelines?
    A. India B. China C. Thailand D. Indonesia Answer: C

Q9. Prime Minister Narendra Modi along with other world leaders have inaugurated the Gandhi Solar Park at the United Nations headquarters in __________.
    A. Washington DC B. Chicago C. Paris D. New York Answer: D

Q10. Which of the following Southeast Asian countries has inaugurated Southeast Asia’s largest solar power farm which has the capacity to produce 688 million kWh of electricity per year?
    A. Thailand B. Laos C. Cambodia D. Vietnam Answer: D

Q11. South Asia’s tallest tower called ‘Lotus Tower’ has been unveiled in which of the following countries?
    A. Pakistan B. Maldives C. Sri Lanka D. Myanmar Answer: C

Q12. Which country has become the 5th country in the World Health Organisation (WHO) Southeast Asia region to eliminate measles?
    A. Sri Lanka B. Cambodia C. Thailand D. Vietnam Answer: A

Q13. Prime Minister Narendra Modi recently launched RuPay card in which of the following Arabian country to initiate the Indian indigenous system of electronic payment?
    A. Saudi Arabia B. Yamen C. UAE D. Qatar Answer: C

Q14. Which nation has the highest number of 'living' indigenous languages in the world?
    A. United States B. China C. India D. Papua New Guinea Answer: D

Q15. Which of the following country has inaugurated the world's largest movable metal dome?
    A. Israel B. North Korea C. Iraq D. Ukraine Answer: D

Q16. The world's largest burn and plastic surgery institute inaugurated in which country?
    A. US B. China C. India D. Bangladesh Answer: D

Q17. Which of the following countries inaugurated the rst model village built with Indian assistance?
    A. Nepal B. Sri Lanka C. Bangladesh D. Bhutan Answer: B

Q18. Which country has become the first Arab country to be granted full membership of the Financial Action Task Force (FATF)?
    A. Egypt B. Iraq C. Kuwait D. Saudi Arabia Answer: D

Q19. Which of the following country has become rst country in the Gulf to launch 'goAML', a new anti money laundering reporting platform?
    A. Saudi Arabia B. UAE C. Oman D. Qatar Answer: B

Q20. Which of the following airways has been named the World's Most Punctual Airline?
    A. American Airlines B. Scandinavian Airlines C. Sri Lankan Airlines D. Qatar Airways Answer: C

Q21. The 16 th Edition of Asia Media Summit (AMS) 2019 was held in which country?
    A. France B. India C. Germany D. Cambodia Answer: D

Q22. Which of the following banks and the Commonwealth Bank of Australia (CommBank) has teamed up for ‘World First’ Blockchain Bond Transaction?
    A. Asian Development Bank B. Reserve Bank of India C. Asian Infrastructure Investment Bank D. World Bank Answer: D

Q23. On May 2019, which country becomes the second country in the world to declare climate emergency?
    A. Roger Federer B. Rafael Nadal C. Novak Djokovic D. John Millman Answer: C

Q24. Who among the following has won the 2019 Japan Open single title in Tokyo, Japan?
    A. Roger Federer B. Rafael Nadal C. Novak Djokovic D. John Millman Answer: C

Q25. Who among the following has won the China Open women’s tennis tournament 2019?
    A. Bianca Andreescu B. Ashleigh Barty C. Elise Mertens D. Naomi Osaka Answer: D

Q26. Who won the 2019 Japanese Grand Prix held at the Suzuka International Racing Course in Japan?
    A. Lewis Hamilton B. Sebastian Vettel C. Valtteri Bottas D. Max Verstappen Answer: C

Q27. Which country won the 9th edition of the Sultan of Johor Cup 2019 by defeating India in the final?
    A. Malaysia B. Pakistan C. England D. China Answer: C

Q28. Who among the following has become the first Indian man to win a Wushu World Championships gold in the 48kg category in Shanghai?
    A. Santosh Kumar B. Uchit Sharma C. Pravin Kumar D. Surya Singh Answer: C

Q29. Which of the following team has won the Vijay Hazare Trophy 2019-20?
    A. Tamil Nadu B. Karnataka C. Chhattisgarh D. Gujarat Answer: B

Q30. Name the driver who won the US Grand Prix Formula one 2019 title?
    A. Lewis Hamilton B. Max Verstappen C. Valtteri Bottas D. Charles Leclerc Answer: C
Q1. On November 20, 2019, the Union Cabinet has approved the strategic disinvestment for how many Central Public Sector Enterprises?
    A. Four B. Five C. Six D. Seven Answer: B

Q2. The Competition Commission of India (CCI) has approved the merger of the BNP Paribas (BNPP) Mutual Fund and which Mutual Fund?
    A. Tata Equity PE Fund B. L&T Tax Advantage Fund C. Bank of Baroda (BOB) Mutual Fund D. Kotak Corporate Bond Fund Answer: C

Q3. Which of the following online transactions fee of savings bank account will be not charged by Banks from January 2020?
    A. Automated Teller Machine B. Unified Payments Interface (UPI) C. National Electronic Fund Transfer (NEFT) D. Real-time gross settlement (RTGS) Answer: C

Q4. On November 12, 2019 the economic research team from the State Bank of India (SBI) has revised India’s Gross Domestic Product (GDP) to _______ from its earlier estimate of 6.1% for the Fiscal Year 2020 (FY20).
    A. 4.75% B. 5.00% C. 5.50% D. 5 75% Answer: B

Q5. On November 11, 2019, India’s central bank, the Reserve of India (RBI) has decided to withdraw some exemptions granted to______.
    A. Non-Banking Finance Companies (NBFCs) B. Commercial Banks C. Housing Finance Companies (HFCs) D. Cooperative Banks (CBs) Answer: C

Q6. Who among the following has been appointed as the new Managing Director & Chief Executive Officer of IndusInd Bank?
    A. Paul Abraham B. K. S. Sridhar. C. Suhail Chander D. Sumant Kathpalia Answer: D

Q7. Which of the following countries has pledged to invest 1 billion euros over the next ve years on environmentally friendly urban mobility in India?
    A. Switzerland B. Sweden C. Germany D. England Answer: C

Q8. The Vijaya Bank Heritage Museum has been inaugurated in which of the following cities?
    A. New Delhi B. Mumbai C. Bengaluru D. Hyderabad Answer: D

Q9. The new version of Bharat Interface for Money app, BHIM 2.0 will now support how many additional languages with existing 13 languages?
    A. 3 B. 4 C. 5 D. 6 Answer: A

Q10. Airtel Payment Bank has launched “Bharosa” savings account services by which customers can get personal accident insurance up to Rs. ______ even with the minimum balance of Rs.______.
    A. 5 Lakhs, Rs 300 B. 1 Lakhs, Rs 200 C. 5 Lakhs, Rs 500 D. 2 lakhs, Rs 500 Answer: C

Q11. With which of the following banks ECL Finance Limited, a subsidiary of Edelweiss Financial Services Limited, has signed a co-origination agreement to increase access to credit for micro, small and medium enterprises?
    A. Punjab National Bank B. Bank of Baroda C. Canara Bank D. State Bank of India Answer: D

Q12. Recently RBI has released a notification according to which the timeline for the conversion of minimum detailed PPI to KYC complaint has been increased from 18 months to how many months?
    A. 20 months B. 24 months C. 19 months D. 23 months Answer: B

Q13. Employees’ State Insurance Corporation signed an MoU with which of the following banks to provide e-payment services directly to the bank accounts of all ESIC beneficiaries?
    A. PNB B. BOB C. SBI D. ICICI Answer: C

Q14. As per Fitch Solutions, what is India’s GDP growth rate in FY20?
    A. 6.9% B. 6.7% C. 6.4% D. 6.1% Answer: C

Q15. Which of the following Public Sector Bank has recently set up a centralized hub 'Centralized MSME and Retail Group'?
    A. Punjab National Bank B. State Bank of India C. HDFC Bank D. Punjab and Sind Bank Answer: D

Q16. In August 2019, the postal department has decided to convert the India Post Payments Bank (IPPB) into a Small Finance Bank (SFB). What is the tagline of IPPB?
    A. Bade Desh Ka Bada Bank B. The name you can bank upon C. Aapka Bank Aapke Dwaar D. Relationship beyond banking Answer: C

Q17. Recently (August, 19) which of the following public sector bank has signed an MoU with Tata AIG General Insurance to offer a variety of general insurance products to bank’s customers?
    A. Indian Bank B. Canara Bank C. Punjab National Bank D. Bank of Baroda Answer: A

Q18. Which of the following organization has launched the ‘Military Veterans Employment program” in the country that will create employment opportunities for military veterans and their spouses across the company’s fulfillment centers, sort centers and delivery centers in India.
    A. Flipkart B. Alibaba C. Amazon D. Walmart Answer: C

Q19. The Indian School of Business (ISB) and which of the following companies has announced a new partnership to take forward their shared vision for an AI-empowered India at an event in Hyderabad?
    A. Intel India B. Amazon India C. Microsoft India D. Capgemini India Answer: C

Q20. Recently, the Securities and Exchange Board of India (SEBI) has released new norms that sought to simplify the compliance and operational requirements for__
    A. Foreign Portfolio Investors (FPIs) B. Foreign Direct Investors (FDIs) C. Foreign Institutional Investment (FII) D. Investment Bankers Answer: A

Q21. Which of the following is a type of Unemployment?
    A. Structural Unemployment B. Cyclical Unemployment C. Frictional Unemployment D. All of the above Answer: D

Q22. The monetary units of the International Monetary Fund is called _____.
    A. ADR B. ETF C. SDR D. GDR Answer: C

Q23. Who is the Director-General of the World Trade Organization?
    A. Roberto Azevêdo B. Peter Sutherland C. David Malpass D. John max Answer: A

Q24. Debenture holder of a company is also its___
    A. Shareholder B. Director C. Creditor D. Debtor Answer: C

Q25. How many countries are the members of Asian Development Bank (ADB)?
    A. 189 B. 193 C. 160 D. 68 Answer: D

Q26. Which among the following Country is the member of SAARC?
    A. Myanmar B. Brazil C. Pakistan D. Singapore Answer: C

Q27. What is a Repo Rate?
    A. It is a rate at which RBI sells government securities to banks B. It is a rate at which banks borrow rupees from RBI C. It is a rate at which RBI allows small loans in the market D. It is a rate which is offered by Banks to their most valued customers or prime customers Answer: B

Q28. ___ refers to economic condition where economic growth is very slow and prices are rising.
    A. Inflation B. Deflation C. Stagflation D. Hyperinflation Answer: C

Q29. Expand BFSI-
    A. Banking, Financial Services, and Insurance B. Banking, Financial Security and Insurance C. Beneficial, Financial Services and Insurance D. Banking, Financial Services, and Investment Answer: A

Q30. Which of the following comes under the purview of E-banking?
    A. ATM B. Debit cards C. Credit cards D. All of the above Answer: D
Q1. Which of the following is qualitative tool of RBI for monetary policy?
    A. Open market operations B. Statutory Liquidity Ratio C. Moral Suasion D. Cash Reserve Ratio Answer: C

Q2. What is the Tagline of Federal Bank?
    A. Your perfect banking partner B. We understand your world C. Prosperity for all D. Together we can Answer: A

Q3. Discounting of bills of exchange is function of commercial banks.
    A. Lending B. Borrowing C. Investment D. Agency Answer: A

Q4. Which of the following is a selective (qualitative) credit control method?
    A. Bank rate B. Open market operation C. Variable reserve ratio D. Credit rationing Answer: D

Q5. Which among the following is not a term related with banking?
    A. Creditor B. Dishonour C. Centre Pass D. Outstanding amount Answer: C

Q6. Which one of these is a credit rating agency in India?
    A. Standard & Poor B. Fitch Group C. CRISIL D. Moody's Answer: C

Q7. Consider the following statements:
    (A) Market Stabilization Scheme (B) Policy Rates (C) Public Debt (D) Reserve Rates Which of the following policies given above is are components of monetary policy? A. Only A B. Only B C. A, B & C D. A, B & D Answer: D

Q8. Consider the following statements regarding RBI:
    (A) Regulate Foreign Exchange Rate (B) Issuing Bank Notes (C) Control Inflation (D) Maintain Balance of Payment Which of the following statements are false? A. Only A B. Only C C. Only D D. None of these Answer: D

Q9. In MMID, “I” stands for___________.
    A. Interest B. Infrastructure C. Information D. Identifier Answer: D

Q10. In India Standard Chartered Bank is categorized under the Foreign Bank category. It was founded in 1969.Its head quarter is located at ________.
    A. Canberra B. London C. Paris D. Jakarta Answer: B

Q11. Which of the following operation cannot be done by Small Finance Banks?
    A. Sell Forex B. Sell MF C. Can convert to full-fledge bank D. Grant Large Loans Answer: D

Q12. In which year Deposit Insurance and Credit Guarantee Corporation was established?
    A. 1978 B. 1981 C. 1988 D. 1995 Answer: A

Q13. Where is the Headquarter of Canara Bank?
    A. Kolkata B. Mangalore C. Bengaluru D. Chennai Answer: B

Q14. What is the current Reverse Repo rate?
    A. 5.15% B. 5.40% C. 4.00% D. 4.90% Answer: D

Q15. NASDAQ is a stock exchange of which of the following country?
    A. China B. United States C. Japan D. United Kingdom Answer: B

Q16. If Reserve Bank of India reduces the Bank Rate, what will be its impact?
    A. Liquidity decrease B. Liquidity increase C. No change in liquidity D. All of these Answer: B

Q17. Commercial Paper is a money market security which is issued in the form of –
    A. Bill of Exchange B. Promissory Note C. Draft D. Bond Answer: B

Q18. Visible and invisible items of debit and credit are the part of
    A. Annual Budget B. Financial Budget C. Balance of trade D. Balance of payment Answer: D

Q19. Deepak Mohanty Committee is related to
    A. Long-term Path on Financial Inclusion B. Short-term Path on Unemployment C. Medium-term Path on Financial Inclusion D. Medium-term Path on Unemployment Answer: C

Q20. Cheques that are issued by a bank and function as cash but are protected against loss or theft are called-
    A. Traveler’s cheque B. Negotiable cheque C. Crossed cheque D. Special cheque Answer: A

Q21. What does ‘F’ in PFMS stands for?
    A. Future B. Financial C. Foreign D. Fiscal Answer: B

Q22. ______, is the total value of all final goods and services produced by the country in a year.
    A. National Income B. Budget C. Finance Bill D. Gross National Product Answer: A

Q23. Where is the Headquarters of European Bank for Reconstruction and Development (EBRD)?
    A. Geneva, Switzerland B. Vienna, Austria C. London, UK D. Rome, Italy Answer: C

Q24. Bharatiya Reserve Bank Note Mudran press located in which two cities?
    A. Kolkata & Kanpur B. Salboni & Hyderabad C. Salboni & Mysuru D. Nashik & Dewas Answer: C

Q25. Which one of the following is not a 'Money Market Instrument'?
    A. Certificate of Deposit B. Commercial Paper C. Treasury Bills D. Equity Shares Answer: D

Q26. Which among the following is the rating system used by the bank's supervisory authorities to assign each bank a score on a scale of best to worst?
    A. CAMELS B. LAF C. MSF D. RTGS Answer: A

Q27. The best indicator of economic development of any country is____.
    A. Its agriculture B. Its transport C. Its gross production D. Its per capita income Answer: D

Q28. Where is the Headquarter of International Labour Organisation situated?
    A. Geneva B. Paris C. New York D. Vienna Answer: A

Q29. The holidays for the banks are declared according to which act?
    A. Reserve Bank Act B. Negotiable Instrument Act C. Banking Regulation Act D. Companies Act Answer: B

Q30. Experience Our Expertise” is Tagline of which Bank?
    A. ICICI Bank B. Dena Bank C. UCO Bank D. Yes Bank Answer: D
Q1. The State Bank of India was established by acquiring the total assets and liabilities of _____.
    A. Bank of Bengal, Bank of Madras, Bank of Dewas B. The Imperial Bank of India C. Presidency Banks D. Oudh Commercial Bank Answer: B

Q2. he depository receipts listed and traded in the US markets are known as _____ .
    A. Indian Depository Receipts (IDR) B. American Depository Receipts (ADR) C. Global Depository Receipts (GDR) D. Special Drawing Rights (SDR) Answer: B

Q3. A cheque is defined under section 6 of Negotiable Instrument Act,______ .
    A. 1880 B. 1881 C. 1882 D. 1883 Answer: B

Q4. The lead bank scheme, launched in 1969, is an integrated mechanism to extend banking services to the doorsteps of consumers, especially the poor, which committee recommended the Lead Bank Scheme?
    A. Narsimham Committee B. Gadgil Committee C. Samal Committee D. Rangarajan Committee Answer: B

Q5. Which of the following is a type of Unemployment?
    A. Structural Unemployment B. Cyclical Unemployment C. Frictional Unemployment D. All of the above Answer: D

Q6. What is the current Repo Rate?
    A. 5.40% B. 5.25% C. 5.65% D. 5.15% Answer: D

Q7. Where is the Headquarter of Insurance Regulatory and Development Authority of India?
    A. New Delhi B. Mumbai C. Hyderabad D. Lucknow Answer: C

Q8. When was the Liberalization, Privatization and Globalization Model (LPG) of development introduced?
    A. 1989 B. 1990 C. 1991 D. 1992 Answer: C

Q9. In 2019, which are the banks merged with Bank of Baroda?
    A. Vijaya bank, Dena bank B. Allahabad, Dena bank C. Andhra Bank, Dena bank D. Vijaya bank, Canera Bank Answer: A

Q10. Which country will host the annual G20 summit in 2022?
    A. Japan B. China C. India D. Italy Answer: C

Q11. In which year, a new rupee symbol was officially adopted in India?
    A. 2001 B. 2005 C. 2010 D. 2016 Answer: C

Q12. Current Bank rate_____.
    A. 4.50 B. 5.40 C. 6.60 D. 6.00 Answer: B

Q13. Lorenz curve is related to_________.
    A. Distribution of wealth B. Distribution of income C. Unemployment D. Inflation Answer: A

Q14. Certificate of Deposit was launched in which year?
    A. 1983 B. 1987 C. 1989 D. 1992 Answer: C

Q15. Where is the headquarters of Income Tax department located?
    A. Chennai B. New Delhi C. Mumbai D. Hyderabad Answer: B

Q16. Which Act deals with Anti Money Laundering measures?
    A. RBI Act 1934 B. ALM Act 2002 C. PML Act 2002 D. NI Act 1881 Answer: C

Q17. Capital Adequacy Ratio is a ratio of -
    A. Bank’s capital to its risk B. Bank’s capital to its liability C. Bank’s capital to its liquidity D. Bank’s capital to its assets Answer: A

Q18. Which of the following is not a part of World Bank group?
    A. IFC B. IDA C. IBRD D. IDB Answer: D

Q19. How much of initial capital is required for payment banks?
    A. 10 crore B. 25 crore C. 50 crore D. 100 crore Answer: D

Q20. n Economics, Purchasing Power Parity (PPP) is a component of some economic theories and is a technique used to determine______.
    A. The relative value of different currencies B. The purchasing power of a unit C. The value of agricultural goods D. The national income Answer: A

Q21. Where is the Headquarters of Indian Overseas Bank (IOB)?
    A. Chennai B. Mumbai C. New Delhi D. Kanpur Answer: A

Q22. Who has been appointed as the Managing Director and CEO of SBI Life Insurance?
    A. Arijit Basu B. Ajay Tyagi C. Vivek Sharma D. Sanjeev Nautiyal Answer: D

Q23. When was Reserve Bank of India Nationalised?
    A. 1 January 1947 B. 1 January 1948 C. 1 January 1950 D. 1 January 1952 Answer: D

Q24. Recently whom RBI has appointed as administrator for Punjab and Maharashtra Cooperative Bank Limited?
    A. P S Jaykumar B. Aditya Puri C. Romesh Sobti D. Samit Ghosh Answer: D

Q25. Working capital is also called____.
    A. Owners capital B. Borrowed capital C. Circulating capital D. Contributed capital Answer: C

Q26. Which of the following is also a bill of exchange?
    A. Commercial Bills B. Promissory notes C. Share D. Fixed Deposit Answer: A

Q27. The Industrial Development Bank of India was set up as a wholly owned subsidiary of the.
    A. RBI B. SBI C. SEBI D. IRDA Answer: A

Q28. Where is the Headquarter of International Committee of the Red Cross situated?
    A. Manila B. Paris C. Rome D. Geneva Answer: D

Q29. Which of the following is/are associated with the fiscal policy?
    A. Marginal Standing Facility B. Open Market Operation C. Devaluation of Currency 1. Only A and B 2. Only C 3. Only B and C 4. Only B Answer: B

Q30. Expand IFSC-
    A. Indian Financial Statistical Committee B. Indian Financial System Code C. International Financial Statistical Committee D. International Financial System Code Answer: B
Q1. Which of the following states has received the approval from Reserve Bank of India for setting up its own Bank, by amalgamating 13 district co-operative banks (DCBs) with its State Co-operative Bank?
    A. Maharashtra B. Rajasthan C. Utter Pradesh D. Kerala Answer: D

Q2. The Reserve Bank of India (RBI) has given its nal approval to the Kerala Government for the formation of the _______.
    A. Venadu Bank Ltd B. Catholic Bank C. Kerala BankD. Kottayam Orient Bank Answer: C

Q3. Which of the following banks has launched the “Debit Card EMI facility” for its existing customers for a period ranging from 6 months to 18 months?
    A. State Bank of India B. Bank of Baroda C. Punjab National Bank D. Uco Bank Answer: A

Q4. Which of the following payment banks and HDFC ERGO General Insurance Company under the corporate agency tie-up launched an innovative Mosquito Diseases Protection Policy (MDPP)?
    A. India Post Payments Bank B. Airtel Payments Bank C. Jio Payments Bank D. Paytm Payments Bank Answer: B

Q5. State Bank of India (SBI) has launched its digital banking app YONO in which country which marked its global launch?
    A. China B. United Kingdom C. United Arab Emirate D. United State of America Answer: B

Q6. ___ has partnered with Zest money to offer cardless EMI payment option to the consumers.
    A. PhonePe B. PayU C. PayPal D. Paytm Answer: B

Q7. Which bank has inked a bancassurance agreement with Max Bupa Health Insurance to offer health insurance?
    A. Bank of India B. Punjab National Bank C. State Bank of India D. Indian Bank Answer: D

Q8. As per the recent announcement by Nirmala Sitharaman, the effective tax rate for domestic companies has been reduced to _ inclusive of all surcharges and cess.
    A. 25.17% B. 22% C. 17.19% D. 15% Answer: A

Q9. Who will be the head of the SEBI expert committee to suggest the norms for social stock exchanges?
    A. Bimal Jalan B. Usha Thorat C. Ishaat Hussain D. Rajiv KumarAnswer: C

Q10. According to the Reserve Bank of India annual report data, Deposit insurance in India covers ________ of the total number of accounts.
    A. 60% B. 75% C. 82% D. 92% Answer: B

Q11. Which of the following committees constituted by the Reserve Bank of India has recommended creating a loan contract registry to remove information asymmetries between buyers and sellers?
    A. TN Manoharan committee B. Harsh Vardhan committee C. Ramesh Chand committee D. V G Kannan committee Answer: A

Q12. Which of the following public sector bank has launched a digital platform for farmers to provide solutions for all major agricultural requirements?
    A. Punjab National Bank B. Union Bank of India C. United Bank of India D. Bank of Baroda Answer: D

Q13. Recently Ministry of Statistics and Programme Implementation has decided to conduct the Economic Census after an interval of how many years?
    A. 4 B. 5 C. 3 D. 2 Answer: C

Q14. Who is the head of the committee who has recently submitted its report to the RBI regarding the development of the housing nance securitization market?
    A. Usha Thorat B. Harsh Vardhan C. Viral Acharya D. Suresh MathurAnswer: B

Q15. Airtel Payment Bank has launched “Bharosa” savings account services by which customers can get personal accident insurance up to Rs. even with the minimum balance of Rs.__
    A. 5 Lakhs, Rs 300 B. 1 Lakhs, Rs 200 C. 5 Lakhs, Rs 500 D. 2 lakhs, Rs 500 Answer: C

Q16. In order to promote the funding in the infrastructure sector, the Union government has waived the three-year lock-in period on investments made by non-residents in IDFs. What does the letter ‘D’ stand for the IDFs?
    A. Deficiency B. Demand C. Debt D. Department Answer: C

Q17. Reserve Bank of India comes out with draft norms for ‘on-tap’ licensing of Small Finance Banks (SFBs). In the draft guidelines, the RBI has proposed the minimum paid-up equity capital of ________ for the SFBs.
    A. ?100 crore B. ?200 crore C. ?300 crore D. ?400 crore Answer: B

Q18. Which of the following investment banks acquired by Dharmesh Mehta along with investors, after buying its 100 percent stake?
    A. HSBC Bank B. JPMorgan Chase C. Goldman Sachs D. IDFC Securities Ltd.Answer: D

Q19. Which of the following banks is going to launch a co-branded credit card in association with LIC’s wholly-owned subsidiary, LIC Credit Cards Services (LIC CSL)?
    A. ICICI Bank B. Axis Bank C. Kotak Mahindra Bank D. IDBI Bank Answer: D

Q20. How much capital is to be infused in the public sector banks in order to boost the economy as announced by the Finance Minister?
    A. Rs 55250 crore B. Rs 85500 crore C. Rs 75250 crore D. Rs 70,000 crore Answer: D

Q21. Who was the first Chairman of NABARD?
    A. Sukumar Sen B. KC Niyogi C. NK Singh D. GV Mavalankar Answer: D

Q22. The monetary units of the International Monetary Fund is called _____ .
    A. ADR B. ETF C. SDR D. GDR Answer: C

Q23. Where is the Headquarter Industrial Development Bank of India (IDBI)?
    A. Mumbai B. New Delhi C. Hyderabad D. Chennai Answer: A

Q24. Reserve Bank of India was established under which act?
    A. Reserve Bank of India Act 1930 B. Reserve Bank of India Act 1934 C. Reserve Bank of India Act 1935 D. Reserve Bank of India Act 1937 Answer: B

Q25. We often come across the term SWIFT in financial newspapers. What is the expanded form of this term?
    A. Society for Worldwide Interbank Financial Telecommunication B. Secure Worldwide Interbank Financial Telecommunication C. Society for World Interbank Financial Transaction D. Security for Worldwide Interbank Financial Transaction Answer: A

Q26. The Banking Regulation Act came into force w.e.f._____________.
    A. 01-04-1934 B. 01-07-1956 C. 16-03-1949 D. 19-03-1950 Answer: C

Q27. Which of the following is the financial market for the buying and selling of long-term debt- or equity-backed securities?
    A. Money Market B. Open Market Operations C. Capital Market D. Debt-equity Market Answer: C

Q28. The minimum maturity period of a Commercial Paper is _______.
    A. 7 day B. 14 days C. 90 days D. 270 days Answer: A

Q29. What is the full form of NEFT?
    A. National Electric Funds Transfer B. National Electronic Funds Truncation C. National Electronic Funds Transfer D. Net Electronic Funds Transfer Answer: C

Q30. In which year the financial market reforms begin with Sukhamoy Chakravarty and Vaghul Committee?
    A. 1980 B. 1982 C. 1987 D. 1985 Answer: B
Q1. India’s first national sports university is to be set in which Indian state?
    A. Bihar B. Punjab C. Assam D. Manipur Answer: D

Q2. Which of the following banks has signed an MoU with the Indian Army under which the bank will offer customized services, along with a host of facilities to account holders.?
    A. State Bank of India B. Punjab National Bank C. Bank of Baroda D. Indian Bank Answer: C

Q3. The India arm of Netherlands-based Home Credit Group has tied up with which bank for joint lending to tap the large unbanked customer base across the country?
    A. Yes Bank B. ICICI Bank C. Axis Bank D. Karur Vysya Bank Answer: D

Q4. On October 11th, 2019, which of the following public sector banks has signed a memorandum of understanding (MoU) with Government e-Marketplace (GeM) to provide cashless, paperless and transparent payment system to small traders?
    A. Union Bank of India B. State Bank of India C. Bank of Baroda D. Canara Bank Answer: A

Q5. The National Health Authority (NHA) has joined hands with which of the following entity to collaborate and strengthen the implementation of the government's flagship health scheme, Ayushman Bharat-Pradhan Mantri Jan Arogya Yojana (AB PMJAY)?
    A. Amazon B. Google C. Infosys D. Facebook Answer: B

Q6. Defence Research and Development Organisation (DRDO) has signed a Memorandum of Understanding with which of the following university to set up Kalam Centre for Science and Technology in the university?
    A. Delhi University B. Jamia Milia Islamia University C. Central University of Jammu D. Osmania University, Hyderabad Answer: C

Q7. Ministry of Skill Development signed an agreement with ________ to carry out a nationwide Train-the-Trainer in Basic Articial Intelligence Skills programme
    A. Wipro B. Google C. IBM D. Microsoft Answer: C

Q8. Which International Finance Institution has provided $ 200 million to upgrade rural roads in 34 districts of Maharashtra in September, 2019?
    A. IMF B. Asian Development Bank C. World Bank D. European Investment Bank Answer: B

Q9. Which of the following ministries has launched ‘Digital Payment Abhiyan’ in collaboration with the Data Security Council of India (DSCI) and google India to increase awareness about digital transactions in India?
    A. Ministry of Finance B. Ministry of Commerce and Industry C. Ministry of Electronics and IT D. Ministry of Human Resource Development Answer: C

Q10. The Indian Space Research Organisation (ISRO) has inked an MoU with the Defence Research and Development Organisation (DRDO) for the development of technologies for the Gaganyaan. Gaganyaan is a_
    A. Solar Prob Mission B. Mars Mission C. Human Space Mission D. Mission to unravel the formation of the universe Answer: C

Q11. The Employees’ State Insurance Corporation (ESIC) and the State Bank of India (SBI) have signed a memorandum of understanding (MoU) to provide electronic payment services for beneficiaries of ESIC. ESIC Works under which of the following ministry?
    A. Ministry of Finance B. Ministry of Personnel and Public grievance C. Ministry of Labour and Employment D. Ministry of Home Affairs Answer: C

Q12. Which Indian power company has recently received in-principle approval for LNG-based power plant in Bangladesh?
    A. NTPC Limited B. Reliance Power C. Jindal Steel and Power D. Tata Power Answer: B

Q13. Which of the following company has statement of intent with the Ministry of Electronics and IT (MeitY) for rolling out 'Build for Digital India' programme?
    A. Facebook B. Microsoft C. Google D. Infosys Answer: C

Q14. Recently Asian Development Bank has signed a USD 500-million loan agreement with which of the following Countries?
    A. India B. Sri Lanka C. Bangladesh D. Pakistan Answer: D

Q15. In August 2019, India and the United Kingdom launched the two-year joint initiative- Innovating for Clean Air (ICA) in which city?
    A. Kochi B. Indore C. Bengaluru D. New Delhi Answer: C

Q16. Which company has signed an agreement with NTPC to set up an 800 MW technology demonstration plant in Sipat, Chhattisgarh?
    A. Bharat Electronics Limited B. Bharat Heavy Electricals (BHEL) C. Bharat Petroleum D. Bharat Immunologicals and Biologicals Corporation Answer: B

Q17. Which state technical education department has signed an MoU with the British Council to improve the English speaking skills of the students studying in all the Polytechnic Colleges?
    A. Bihar B. Rajasthan C. West Bengal D. Madhya Pradesh Answer: C

Q18. Which Indian brand is selected as the official sponsor of the Indian Cricket Team?
    A. Reliance B. Byju C. Samsung D. Pepsi Answer:B

Q19. Which of the following country’s Aerospace Industries has signed $50 million deal with Indian navy?
    A. Iraq B. France C. Israel D. Russia Answer: C

Q20. The Government of India and Government of Kerala have signed a Loan Agreement of $250 Million for first Resilient Kerala Program with which organization?
    A. IMF B. AIIB C. World Bank D. BRICS Bank Answer: C

Q21. India has signed how much loan agreement with World Bank to end Tuberculosis from the country by 2025?
    A. $400 Million B. $300 Million C. $250 Million D. $375 Million Answer: A

Q22. Which of the following Health insurance provider rm has partners with Mobikwik for health insurance?
    A. Apollo Munich Health Insurance Company Limited B. SBI Health Insurance Company Limited C. Star Health & Allied Insurance Company Limited D. Max Bupa Health Insurance Company Limited Answer: D

Q23. Airbnb has invested $100mn in Indian hotel startup OYO. Airbnb deals in?
    A. Construction and engineering B. Telecommunication C. e-commerce payment system D. hospitality service Answer: D

Q24. Maruti Suzuki has signed an MOU with which of the following banks to improve credit for dealership inventory financing?
    A. SBI B. HDFC C. ICICI D. BOB Answer: D

Q25. Global internet body Internet Corporation for Assigned Names and Numbers (ICANN) has partnered with which of the following Indian company to develop identier technology?
    A. TCS B. Wipro C. NASSCOM D. Infosys Answer: C

Q26. Recently, ISRO has signed an MOU with which of the following Indian institute to set up ISRO Space Technology Cell (STC)?
    A. IIT Delhi B. IIT Guwahati C. IIT Bombay D. IIT Kanpur Answer: B

Q27. According to the United Nations report, which country is the leading country of origin of international migrants in 2019 with a 17.5 million strong diaspora?
    A. Indonesia B. India C. Mexico D. China Answer: B

Q28. Sri Lanka has signed a tripartite agreement with which country for the development of eastern terminal of Colombo port?
    A. China & Japan B. India & China C. Iran & India D. Indian and Japan Answer: D

Q29. Which of the following Indian Channels will be available to viewers in the two countries in Bangladesh and South Korea?
    A. DD Kisan B. Big Magic C. DD India D. DD Bharati Answer: C

Q30. India will set up a fast-track system for the companies and investors with which of the following country?
    A. Thailand B. Italy C. Singapore D. Malaysia Answer: B
Q1. Which of the following online transactions fee of savings bank account will be not charged by Banks from January 2020?
    A. Automated Teller Machine B. Unified Payments Interface (UPI) C. National Electronic Fund Transfer (NEFT) D. Real-time gross settlement (RTGS) Answer: C

Q2. The Competition Commission of India (CCI) has approved the merger of the BNP Paribas (BNPP) Mutual Fund and which Mutual Fund?
    A. Tata Equity PE Fund B. L&T Tax Advantage Fund C. Bank of Baroda (BOB) Mutual Fund D. Kotak Corporate Bond Fund Answer: C

Q3. On November 12, 2019 the economic research team from the State Bank of India (SBI) has revised India’s Gross Domestic Product (GDP) to _______ from its earlier estimate of 6.1% for the Fiscal Year 2020 (FY20).
    A. 4.75% B. 5.00% C. 5.50% D. 5.75% Answer: B

Q4. In which of the following ports of India the world’s first CNG terminal will come?
    A. Kandla, Gujarat B. Bhavnagar, Gujarat C. Vishakhapatnam, Andhra Pradesh D. Kochi, Kerala Answer: B

Q5. In the Sample Registration System (SRS) Bulletin-2016, released on November 07, 2019, which state has shown the highest percentage decline in MMR?
    A. Bihar B. Karnataka C. Madhya Pradesh D. Rajasthan Answer: B

Q6. Name the product that has been allocated a separate Harmonized System (HS) code by the Union Government to give an impetus to the export of it?
    A. Gems & Jewelry B. Cotton Fabrics C. Khadi D. Pharmaceuticals Answer: C

Q7. The World Bank in its latest report “South Asia Economic Focus, Fall 2019 : Making (De)centralization Work”, has lowered India’s growth forecast to ______ for FY 2019-20.
    A. 5. 50% B. 5.75% C. 6.00% D. 6.25% Answer: C

Q8. Name the Prepaid Payment Instrument (PPI) issuer on which the Reserve Bank of India (RBI) has imposed a monetary penalty of Rs 12.88 lakh for non-compliance with regulatory guidelines?
    A. Smart Payment Solutions Pvt. Ltd. B. Citrus Payment Solutions Pvt Ltd. C. Vodafone M-Pesa Limited D. Balancehero India Private Limited Answer: D

Q9. Which of the following entities has received a license from the Reserve Bank of India (RBI ) to set up a non-banking financial company (NBFC) in Bengaluru?
    A. UAE Exchange India B. Credit Saison India C. Suryamani Financing Co Ltd. D. Smart Global Ventures Answer: B

Q10. Which of the public sector banks along with State Bank of India has limited the cash withdrawals of customers using micro-ATMs of other banks to 4 times in a month?
    A. Bank of India B. Bank of Baroda C. Indian Bank D. Punjab National Bank Answer: B

Q11. From which of the following banks India has got the first set of account details of its nationals under a new Automatic Exchange of Information (AEOI) framework, a major milestone in the government's right against black money stashed abroad?
    A. UBS Group B. Swiss Bank C. Royal Bank of Scotland D. Zurich Cantonal Bank Answer: B

Q12. As per the data released by Reserve Bank of India (RBI) on India’s balance of payments (BoP) for the rst quarter 2019-20 how much percentage of the Gross Domestic Product (GDP) of India is contributed by Current Account Decit (CAD)?
    A. 2.0% B. 2.5% C. 3.0% D. 3.5% Answer: A

Q13. Where is the headquarter of Institute for Development and Research in Banking Technology (IDRBT) located ?
    A. New Delhi B. Mumbai C. Bengaluru D. Hyderabad Answer: D

Q14. On October 3, 2019, Himachal Pradesh Chief Minister Jai Ram Thakur bagged off a one-month program ‘Pragati Rath’ of which of the following banks in Shimla to make people aware of financial and digital literacy?
    A. ICICI Bank B. Yes Bank C. HDFC Bank D. Axis Bank Answer: C

Q15. As per the recent 4th bi-monthly monetary policy review RBI has reduced the real GDP growth for 2019-20 from 6.9% to
    A. 6.7% B. 6.5% C. 6.3% D. 6.1% Answer: D

Q16. The Asian Development Bank has slashed its growth forecast for India for scal year 2019-20 to ________ from 7%
    A. 6.7% B. 6. 5% C. 6.3% D. 6.1% Answer: B

Q17. On October 7, 20-19, U GRO Capital, a technology-enabled lender to small businesses has signed its first co-origination of loan agreement with which of the following public sector banks?
    A. Punjab National Bank B. Bank of Baroda C. Bank of India D. Canara Bank Answer: B

Q18. PNB MetLife India Insurance Co. Ltd. has signed an agreement with which of the following insurance companies to offer a product that would cover health, death, and illness?
    A. HDFC ERGO General Insurance Company B. Religare Health Insurance C. Apollo Munich Health Insurance Company Limited D. Bajaj Allianz General Insurance Co Ltd. Answer: B

Q19. State Bank of India (SBI) has launched its digital banking app YONO in which country which marked its global launch?
    A. China B. United Kingdom C. United Arab Emirate D. United State of America Answer: B

Q20. The Asian Development Bank (ADB) lowered growth projection for India’s GDP by 50 basis points. Now, what is the expected growth rate as per the ADB during the current fiscal 2019-20?
    A. 7.5% B. 7.2% C. 7.0% D. 6.5% Answer: D

Q21. In MMID, “I” stands for.
    A. Interest B. Infrastructure C. Information D. Identifier Answer: D

Q22. In India Standard Chartered Bank is categorized under the Foreign Bank category. It was founded in 1969.Its head quarter is located at.
    A. Canberra B. London C. Paris D. Jakarta Answer: B

Q23. Which country is not a member of the Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC)?
    A. Myanmar B. Thailand C. China D. Bhutan Answer: C

Q24. Which of the following is an e-Commerce solution of National Payments Corporation of India (NPCI)?
    A. e-payment B. RuPay Debit Cards C. PayRu Credit Cards D. None of these Answer: D

Q25. How many countries are the members of Asian Development Bank (ADB)?
    A. 189 B. 193 C. 160 D. 68 Answer: D

Q26. Which of the following is not a payment bank?
    A. Aditya Birla Idea Payments Bank B. Bharti Airtel Payments Bank C. Paytm Payments Bank D. IDFC Payments Bank Answer: D

Q27. The reserve held by a commercial bank in form of cash with RBI is known as?
    A. Cash reserve B. Deposit reserve C. Excess reserve D. Momentary reserve Answer: A

Q28. Which of the following is not a type of cheque?
    A. Blank Cheque B. Counter cheque C. Stale Cheque D. Close Cheque Answer: D

Q29. Where is the Headquarters of UCO Bank?
    A. New Delhi B. Kolkata C. Mumbai D. Jaipur Answer: B

Q30. Where is the Headquarters of European Bank for Reconstruction and Development (EBRD)?
    A. Geneva, Switzerland B. Vienna, Austria C. London, UK D. Rome, Italy Answer: C
Q1. Which organisation has unveiled 200 billion US Dollars in climate action investment for 2021 to 2025?
    A. World Bank B. IMF C. United Nations D. Asian Development Bank Answer: A

Q2. What is the Tagline of Axis Bank?
    A. Badhati Ka Naam Zindagi B. A Tradition of Trust C. Aapka Bhala Sabaki Bhalai D. Ek Parivaar Ek Bank Answer: A

Q3. Who among the following was not Governor of RBI?
    A. KR Puri B. IG Patel C. T Swaminathan D. Lakshmikant Jha Answer: C

Q4. When did the Post Office Payment Bank start its services in India?
    A. 1st January 2018 B. 1st September 2018 C. 1st April 2018 D. 1st July 2108 Answer: B

Q5. Which type of banking performs broad-based and comprehensive banking activities?
    A. Unit Banking B. Universal Banking C. Narrow Banking D. Branch Banking Answer: B

Q6. Which Act deals with Anti Money Laundering measures?
    A. RBI Act 1934 B. ALM Act 2002 C. PML Act 2002 D. NI Act 1881 Answer: C

Q7. Oriental Life Insurance Company was started by Anita Bhavsar in _______ to cater to the needs of European community.
    A. Mumbai B. New Delhi C. Kolkata D. Chennai Answer: C

Q8. Jio Payments Bank is an Indian payments bank that started operations from ______.
    A. 2015 B. 2018 C. 2016 D. 2019 Answer: B

Q9. Which bank has associated with the Confederation of All India Traders to launch “Digi Vyapari-Safal Vyapari” scheme?
    A. HDFC Bank B. ICICI Bank C. Axis Bank D. Yes Bank Answer: A

Q10. Which bank launched a Preventive Vigilance portal, recently?
    A. Punjab National Bank B. Union Bank of India C. Canara Bank D. UCO Bank Answer: A

Q11. ‘Good people to grow with’ is the tagline of –
    A. Union Bank of India B. United Bank of India C. UCO Bank D. Indian Overseas Bank Answer: D

Q12. Debenture holder of a company is also its_______
    A. Shareholder B. Director C. Creditor D. Debtor Answer: C

Q13. Capital Adequacy Ratio is a ratio of -
    A. Bank’s capital to its risk B. Bank’s capital to its liability C. Bank’s capital to its liquidity D. Bank’s capital to its assets Answer: A

Q14. Public Provident Fund (PPF) can be opened by –
    A. The individual person only, who is resident of India B. The individual person only, who is a non-resident of India C. Individual, HUF, minor D. Firm, HUF, company Answer: A

Q15. Rural Infrastructure Development Fund is operated by -
    A. SIDBI B. RBI C. SEBI D. NABARD Answer: D

Q16. The headquarter of SWIFT (Society for World Wide Interbank Financial Telecommunication) is situated in -
    A. Belgium B. Brazil C. Brunei D. Belarus Answer: A

Q17- When a customer is maintaining a deposit account with a bank, his relationship with the bank is that of –
    A. Debtor and Creditor B. Lessee and Lessor C. Principal and Agent D. Creditor and Debtor Answer: D

Q18. Which is not a function of NBFCs?
    A. Equipment leasing B. Housing finance and investments in financial securities C. Term Deposit D. All the above Answer: C

Q19. Which of the following is not a part of World Bank group?
    A. IFC B. IDA C. IBRD D. IDB Answer: D

Q20. Who is the MD & CEO of UCO Bank?
    A. Atul Kumar Goel B. Rajanish Kumar C. Ajay Vyas D. Arvind Sharma Answer: A

Q21. Under which section of RBI Act 1934, the Cash Reserve Ratio (CRR) is defined?
    A. 16(A) B. 24(2A) C. 35(A) D. 42(1) Answer: B

Q22. In which year Deposit Insurance and Credit Guarantee Corporation was established?
    A. 1978 B. 1981 C. 1988 D. 1995 Answer: A

Q23. ___ and _______ are Bretton Woods Twins.
    A. IDA and IBRD B. IMF and IDA C. GATT and World Bank D. IMF and World Bank Answer: D

Q24. First Governor of RBI was -
    A. Hilton Young B. Paul Samuelson C. C.D.Deskmukh D. O. Smith Answer: D

Q25. What is the tenure of the Chief Economist at the World Bank?
    A. 2 Years B. 3 Years C. 4 Years D. 5 Years Answer: C

Q26. Paper currencies of our country are issued by RBI under -
    A. Section- 22 of the RBI act -1934 B. Section- 24 of the RBI act -1934 C. Section- 28 of the RBI act -1934 D. Section -29 of the RBI act-1934 Answer: A

Q27. When a banker talk about "CDR", what is he talking about?
    A. Corporate Debt Restructuring B. Corporate Debt Rollover C. Corporate Deposit Restructuring D. Company Deposit Restructuring Answer: A

Q28. With reference to banking, the 15th day of a month is known as ______.
    A. Banking Day B. Customer Day C. Holiday D. Complaint Day Answer: B

Q29. What does “F” Stands for under SARFAESI Act 2002?
    A. Fixed B. Financial C. Future D. Foreign Answer: B

Q30. Which of the following Bank was 1st established in India?
    A. General Bank of India B. Punjab National Bank C. Bank of India D. Bank of Hindustan Answer: D
Q1. From which date the savings bank account customers will not be charged for online transactions in the NEFT or National Electronic Funds Transfer system?
    A. December 2019 B. January 2020 C. March 2020 D. April 2020 Answer: B

Q2. As per the Sample Registration System (SRS) Bulletin-2016, released on November 07, 2019, the Maternal Mortality Ratio (MMR) in India has decreased by _____ since 2013
    A. 21. 5% B. 23.8% C. 26.9 % D. 29.9% Answer: C

Q3. The Reserve Bank of India has increased the household income limits for borrowers of Non-Banking Financial Companies (NBFCs) and micronance institutions (MFIs) from 1 lakh to ___
    A. 1.25 lakh rupees. B. 1.50 lakh rupees. C. 1.75 lakh rupees. D. 2.00 lakh rupees. Answer: A

Q4. Which of the following insurance companies has launched ‘Farmitra’ mobile app?
    A. New India Assurance Company Limited B. United India Insurance Company C. Life Insurance of India D. Bajaj Allianz General Insurance Answer: D

Q5. As per the report published by the World Trade Organization (WTO) in October 2019, what will be the global trade growth in 2019?
    A. 3% B. 2.7% C. 2.2% D. 1.2% Answer: D

Q6. What is the repo rate as per the 4th Bi-Monthly Monetary Policy statement for FY 20 ?
    A. 4.90% B. 5.15% C. 5.25% D. 5.35% Answer: B

Q7. Which of the following banks has tied up with Common Service Centre (CSC) e-Governance Services India Limited to expand its reach to villages and remote towns as banking correspondents?
    A. HDFC Bank B. State Bank of India C. Axis Bank D. ICICI Bank Answer: D

Q8. Name the Indian company that crossed the crossed the total market capitalization of Rs 9 lakh crore and is now the most valued Indian company in terms of market cap?
    A. Oil and Natural Gas Corporation (ONGC) B. Reliance Industries Limited (RIL) C. State Bank of India (SBI) D. Coal India Limited (CIL) Answer: B

Q9. Who among the following has been appointed as the whole-time member of Insolvency and Bankruptcy Board of India (IBBI) for a period of 5 years?
    A. Rajiv Gauba B. J. P. S. Chawla C. Sudhaker Shukla D. K Subramaniam Answer: C

Q10. Who among the following has been appointed as the new chief of the European Central Bank (ECB) for a term of 8 years?
    A. Alison Rose B. Anne Boden C. Christine Lagarde D. Ursula von der Leyen Answer: C

Q11. Where is the headquarters of European Central Bank (ECB) located?
    A. Paris, France B. London, UK C. Frankfurt, Germany D. Rotterdam, Netherlands Answer: C

Q12. Which of the following life insurance companies has launched a rst-of-its-kind video calling service within the life insurance industry called i-SERV to enhance the customer experience and provide resolutions to the queries of its customers?
    A. Life Insurance Corporation of India B. Bajaj Allianz Life Insurance C. ICICI Prudential Life Insurance Co. Ltd. D. SBI Life Insurance Co. Ltd. Answer: B

Q13. On October 18, 2019, The Ministry of Finance notied that banks will not levy charges or merchant discount rate (MDR) on digital payments to the customers or merchants of the businesses with an annual turnover of more than __________ from 1 November 2019?
    A. Rs. 25 crores B. Rs 50 crore C. Rs 75 crore D. Rs 100 crore Answer: B

Q14. Name the payment technology company which tied up with Indian Cricketer M.S. Dhoni to launch a nationwide initiative ‘Team Cashless India‘ to accelerate the acceptance and adoption of digital payments in India?
    A. VISA B. Mastercard C. Rupay D. Paypal Answer: B

Q15. Who is the brand ambassador of payment technology major Mastercard which has launched campaign- ‘Team Cashless India’ to bring more merchants and customers on board with an aim to boost digital payments in India?
    A. Sachin Tendulkar B. Virat Kohli C. Mahendra Singh Dhoni D. Rohit Sharma Answer: C

Q16. Which of the following banks has announced to launch a new Fixed Deposit (FD) scheme ‘FD Health’ that will offer the dual benet of a xed deposit along with free critical illness coverage with a sum assured of Rs 1 lakh?
    A. HDFC Bank B. Yes Bank C. Axis Bank D. ICICI Bank Answer: D

Q17. On October 12, 2019, the Asian Development Bank (ADB) and the Government of India (GoI) have signed a loan agreement worth $190 million to upgrade 754 kilometers of roads and highways in which state?
    A. Maharashtra B. Rajasthan C. Madhya Pradesh D. Odisha Answer: B

Q18. With which of the following organizations the Government of India (GoI) has signed the Tranche 2 loan agreement worth $190 million to upgrade 754 kilometers of Rajasthan state highways and major district roads (MDRs)?
    A. World Bank B. Asian Infrastructure Investment Bank C. International Monetary Fund D. Asian Development Bank Answer: D

Q19. Which of the following banks signed a Memorandum of Understanding (MoU) with the National Investment and Infrastructure Fund (NIIF) to provide a boost to infrastructure nancing?
    A. Punjab National Bank B. Bank of India C. State Bank of India D. Bank of Baroda Answer: C

Q20. As per the announcement made by the Union Finance Minister Nirmala Sitharaman, regarding merging of public sector banks, Syndicate Bank will merge with which of the following banks?
    A. Punjab National Bank B. Canara Bank C. Union Bank of India D. Indian Bank Answer: B

Q21. Which organisation has unveiled 200 billion US Dollars in climate action investment for 2021 to 2025?
    A. World Bank B. IMF C. United Nations D. Asian Development Bank Answer: A

Q22. What is the Tagline of Axis Bank?
    A. Badhati Ka Naam Zindagi B. A Tradition of Trust C. Aapka Bhala Sabaki Bhalai D. Ek Parivaar Ek Bank Answer: A

Q23. Who among the following was not Governor of RBI?
    A. KR Puri B. IG Patel C. T Swaminathan D. Lakshmikant Jha Answer: C

Q24. When did the Post Office Payment Bank start its services in India?
    A. 1st January 2018 B. 1st September 2018 C. 1st April 2018 D. 1st July 2108 Answer: B

Q25. Which type of banking performs broad-based and comprehensive banking activities?
    A. Unit Banking B. Universal Banking C. Narrow Banking D. Branch Banking Answer: B

Q26. Which Act deals with Anti Money Laundering measures?
    A. RBI Act 1934 B. ALM Act 2002 C. PML Act 2002 D. NI Act 1881 Answer: C

Q27. Oriental Life Insurance Company was started by Anita Bhavsar in _______ to cater to the needs of European community.
    A. Mumbai B. New Delhi C. Kolkata D. Chennai Answer: C

Q28. Jio Payments Bank is an Indian payments bank that started operations from ______.
    A. 2015 B. 2018 C. 2016 D. 2019 Answer: B

Q29. Which bank has associated with the Confederation of All India Traders to launch “Digi Vyapari-Safal Vyapari” scheme?
    A. HDFC Bank B. ICICI Bank C. Axis Bank D. Yes Bank Answer: A

Q30. Which bank launched a Preventive Vigilance portal, recently?
    A. Punjab National Bank B. Union Bank of India C. Canara Bank D. UCO Bank Answer: A
Q1. What is the capital and currency of Sudan?
    A. Bangui, CFA Franc B. Moscow,Won C. Khartoum,Pound D. Moscow, Dinar Answer: C

Q2. Who sworn-in as the new Prime Minister of Australia?
    A. Malcolm Turnbull B. Scott Morrison C. Tony Abbott D. Kevin Rudd Answer: B

Q3. The ___edition of India International Trade Fair (IITF) has been inaugurated in New Delhi.
    A. 39th B. 32nd C. 36th D. 39th Answer: D

Q4. Which of the following country has been accorded the ‘Partner Country’ of the 39th edition of India International Trade Fair (IITF) 2019?
    A. South Korea B. Afghanistan C. Uzbekistan D. Ukraine Answer: B

Q5. What is the theme of the 39th edition of India International Trade Fair (IITF) 2019?
    A. Indian Domestic Enterprises B. Startups and Make in India C. Ease of Doing Business D. Free Market is Future of Business Answer: C

Q6. Which of the following cities hosted the 11th edition of Bal Sangam festival?
    A. Pune B. Bhopal C. New Delhi D. Patna Answer: C

Q7. The 5th India International Science Festival (IISF) 2019 was inaugurated by the Prime Minister Narendra Modi at
    A. New Delhi B. Kolkata C. Mumbai D. Chennai Answer: B

Q8. The festival of Fulpati is being celebrated with gaiety and religious fervor in which country?
    A. Bhutan B. Sri Lanka C. Nepal D. Bangladesh Answer: C

Q9. Gandhi Film Festival is being organized by Films Division in association with India Tourism in which place from 2nd to 6th October 2019?
    A. Mumbai B. New Delhi C. Chandigarh D. Bengaluru Answer: A

Q10. The 5th edition Indian International Science Festival (IISF) will be organized in which place from 5th to 8th November 2019?
    A. Bengaluru B. Hyderabad C. Bhopal D. Kolkata Answer: D

Q11. In which state/union territory of India ‘Shondol dance’ is performed which has created history by entering into the Guinness Book of World Records recently?
    A. Jammu and Kashmir B. Ladakh C. Odisha D. Telangana Answer: B

Q12. Nuakhai Juhar, a harvest festival welcoming the newly harvest crop of the season is celebrated in which state annually?
    A. Odisha B. West Bengal C. Tripura D. Assam Answer: A

Q13. 5th International Ramayan Festival was organized in which of the following cities?
    A. Dehradun B. Shimla C. New Delhi D. Kolkata Answer: C

Q14. In September 2019, the three-day-long traditional Neermahal Jal Utsav concluded with eye-catching boat race and swimming competitions at Rudrasagar lake. It is located in which state?
    A. Assam B. Tripura C. Manipur D. Jammu and Kashmir Answer: B

Q15. ‘Onam’ is a harvest festival celebrated in which of the following states?
    A. Kerala B. Andhra Pradesh C. Telangana D. Tamil Nadu Answer: B

Q16. According to the World Gold Council (WGC) Report India now move into the list of top ten countries in terms of total gold reserves. Headquarter of World Gold Council is situated in
    A. Paris, France B. Geneva, Switzerland C. London, UK D. New York, USA Answer: C

Q17. Harvesting festival ‘Nuakhai’ is celebrated in which of the following states?
    A. Assam B. Odisha C. West Bengal D. BiharAnswer: B

Q18. Who has been inaugurated the exhibition titled “Unknown Masterpieces of Himachal folk Art” in New Delhi?
    A. Prahalad Singh Patel B. Narendra Modi C. Amit Shah D. Prakash Javadekar Answer: A

Q19. What is the name of the annual festival which will be celebrated in Jammu and Kashmir?
    A. Jhiri Mela B. Kheer Bhawani Mela C. Mela Bahu Fort D. Sudh Mahadev MelaAnswer: B

Q20. The annual Hindu Festival ‘Bonalu’ is celebrated in which state of India?
    A. Tamil Nadu B. Bihar C. Telangana D. West Bengal Answer: C

Q21. Which banks are known as scheduled banks?
    A. In the Second Schedule of the Banking Regulation Act 1949 B. In the Second Schedule of the Reserve Bank of India Act 1934 C. In the second schedule of the Companies Act 1956 D. Bank included in the Second Schedule of the Nationalization Act 1969 Answer: B

Q22. The minimum maturity period of a Commercial Paper is _______.
    A. 7 day B. 14 days C. 90 days D. 270 days Answer: A

Q23. Which of the following is an objective / are objectives of Economic Planning?
    (a) Economic growth (b) Reduction of Economic Inequalities (c) Balanced Regional Development (d) Modernization A. Only a B. b and c C. c and d D. All a, b,c and d Answer: D

Q24. The Capital Market Segment of NSE commenced operations in _________.
    A. September 1996 B. November 1994 C. August 1996 D. November 1996 Answer: B

Q25. Which of the following is the central bank of our country?
    A. RBI B. SBI C. NABARD D. SIDBI Answer: A

Q26. Who developed the Physical Quality of Life Index (PQLI), a measure of Development?
    A. Morris David Morris B. Dr. Amartya Sen C. Mahbub-ul-Haq D. Charles Fanthom Answer: A

Q27. As per Banking Companies Ordinance, 1962, the total suspension time of the operation of all or any provision of Companies Ordinance, 1962 should not exceed___.
    A. Three Months B. Six Months C. Nine Months D. One Year Answer: D

Q28. A stockbroker means a member of _________.
    A. SEBI B. Any stock exchange C. A recognised stock exchange D. RBI Answer: B

Q29. An increase in the total volume of goods and services produced by a nation that is growth in its GDP is termed as ______________.
    A. National Growth B. Goods and Services Growth C. Capital Growth D. Economic Growth Answer: B

Q30. Kisan Credit Cards are normally valid for __________years.
    A. 1 B. 2 C. 3 D. 5 Answer: D
Q1. Recently how much amount has imposed fine by RBI on Janata Sahakari Bank & Jalgaon Peoples Co-operative Bank?
    A. 1 crore & 25 lakh B. 2 crore & 50 lakh C. 1 crore & 50 lakh D. 2 crore & 1 crore Answer: A

Q2. Recently RBI raised withdrawal limit to Rs 40,000 for which Bank Account Holders?
    A. Cooperative Bank of India B. Orissa State Co-Operative Bank C. Punjab and Maharashtra Cooperative Bank D. Rajasthan State Co-operative Bank Answer: C

Q3. Recently whom RBI has appointed as administrator for Punjab and Maharashtra Cooperative Bank Limited?
    A. P S Jayakumar B. Aditya Puri C. Romesh Sobti D. Jai Bhagwan Boria Answer: D

Q4. Recently India has discussed measures to combat money laundering, terror financing with which Country?
    A. USA B. Russia C. China D. Japan Answer: A

Q5. Recently RBI imposed Rs 35 lakh penalty on which bank?
    A. City Union Bank B. Tamilnad Mercantile Bank C. Dhanlaxmi Bank D. Catholic Syrian Bank Answer: B

Q6. Bank holiday is declared by which Act?
    A. Negotiable instrument Act 1881 B. Negotiable instrument Act 1882 C. Negotiable instrument Act 1981 D. Negotiable instrument Act 1982 Answer: A

Q7. Regional Rural Bank was established on the recommendation of which committee?
    A. Narsimham Committee B. Kelkar Committee C. Tarpore Committee D. Karmakar Committee Answer: A

Q8. In the Phillip Curve, which one of the following statement is correct?
    A. Relation between inflation and employment B. Relation between inflation and unemployment C. Relation between inflation and Stagflation D. Relation between inflation and revenue Answer: B

Q9. Special Drawing Rights (SDR) are supplementary foreign exchange reserve assets defined and maintained by?
    A. IMF B. World Bank C. RBI D. SEBI Answer: A

Q10. Commercial Paper was launched in which year?
    A. 1986 B. 1987 C. 1988 D. 1989 Answer: D

Q11. Negotiable of Instruments consists of-
    A. Promissory Note B. Bill of exchange C. Cheques D. All of the above Answer: D

Q12. Lead Bank Scheme was introduced in which year?
    A. 1963 B. 1966 C. 1969 D. 1932 Answer: C

Q13. Securities and Exchange Board of India was established in 1992, where is the Headquarter of SEBI?
    A. New Delhi B. Lucknow C. Kolkata D. Mumbai Answer: D

Q14. Kisan Credit Card (KCC) was launched under the recommendation of which committee?
    A. R.V.GUPTA committee B. Narsimham Committee C. Kelkar Committee D. Young Hilton Committee Answer: A

Q15. Certificate of Deposit was launched in which year?
    A. 1983 B. 1987 C. 1989 D. 1992 Answer: C

Q16. Which of the following country, received first loan from World Bank loan?
    A. USA B. Germany C. France D. Japan Answer: C

Q17. At present how many subsidiaries of Reserve Bank India?
    A. 5 B. 4 C. 3 D. 6 Answer: B

Q18. In which year, Marginal Standing Facility was introduced?
    A. 2010 B. 2011 C. 2012 D. 2013 Answer: B

Q19- At the time of establishment, what was the authorised capital of NABARD?
    A. 25 crore B. 50 crore C. 100 crore D. 250 crore Answer: C

Q20. Where is the Headquarter of Lakshmi Vilas Bank?
    A. Chennai B. New Delhi C. Mumbai D. Hyderabad Answer: A

Q21. According to CMIE the Unemployment rate in India rose to a three-year high of ______ in Oct 2019.
    A. 8.5 B. 5.5 C. 6.6 D. 7.5 Answer: A

Q22. Goods and services tax (GST) collection remained below Rs.________ for the third straight month in October.
    A. 2 trillion B. 3 trillion C. 1 trillion D. 5 trillion Answer: C

Q23. _________ posts net loss of Rs 629 cr in Sept quarter as bad loans spike.
    A. SBI B. Yes Bank C. ICICI Bank D. Canera Bank Answer: B

Q24. Which of the following is not a method of taxation?
    A. Progressive B. Regressive C. Proportional D. All of the above Answer: D

Q25. Current Bank rate_____.
    A. 4.50 B. 5.40 C. 6.60 D. 6.00 Answer: B

Q26. Lorenz curve is related to_________.
    A. Distribution of wealth B. Distribution of income C. Unemployment D. Inflation Answer: A

Q27. Who is the Director-General of the World Trade Organization?
    A. Roberto Azevêdo B. Peter Sutherland C. David Malpass D. John max Answer: A

Q28. Which of the following is qualitative tool of RBI for monetary policy?
    A. Open market operations B. Statutory Liquidity Ratio C. Moral Suasion D. Cash Reserve Ratio Answer: C

Q29. Who is the chairman of Life Insurance Corporation of India?
    A. Rajnish Kumar B. Anshula Kant C. Rajiv Kumar D. MR Kumar Answer: D

Q30. Where is the Headquarter of Union Bank of India?
    A. Chennai B. New Delhi C. Hyderabad D. Mumbai Answer: D
Q1. Name the Application unveiled by the Finance Minister Nirmala Sitharaman that will facilitate hassle-free and faster clearance by Customs at the airports and enhance the experience of international tourists and other visitors at the airports?
    A. ICEDASH B. ATITHI C. AGANTUK D. AGAMAN Answer: B

Q2. Which government entity has notied creation of ve-member special cell for startups on 30th August 2019?
    A. CBDT B. RBI C. SEBI D. NABARD Answer: A

Q3. ‘Periodic Labour Force Survey (PLFS) 2017-18’ found that 33% of India’s skilled youth are jobless. Which among the following conducted the survey?
    A. Central Statistical Organization (CSO) B. NITI Ayog C. National Sample Survey Office (NSSO) D. National Statistical Commission Answer: C

Q4. Which business entity has received non-banking nance company license from RBI?
    A. Cars24 B. Cardekho C. Carwale D. Grofers Answer: A

Q5. Which is the rst country to receive Asian Infrastructure and Investment Bank (AIIB) local currency funding?
    A. Nepal B. Sri Lanka C. Pakistan D. India Answer: D

Q6. Which nancial institution has introduced a web-based application system for contribution from the Fund of Funds for Startups (FFS)?
    A. EXIM Bank B. NABARD C. SIDBI D. NHB Answer: C

Q7. Which company has become the largest telecom company in the country (July 2019)?
    A. Bharti Airtel B. Vodafone Idea C. Reliance Jio D. BSNL Answer: C

Q8. Recently, which of the following has constituted an Inter-Ministerial Committee on Virtual Currency, which has submitted its report recommending a law to ban cryptocurrencies in India?
    A. Reserve Bank of India B. Union Home Ministry C. Union Finance Ministry D. NITI Ayog Answer: C

Q9. The Government of India set the target to raise health services expenditure to 2.5 percent of the country’s GDP (Gross domestic product) by _
    A. 2022 B. 2024 C. 2025 D. 2027 Answer: C

Q10. The National Institution for Transforming India (NITI) Aayog, think tank of the government, has proposed that only Electric Vehicles (EVs) should be sold after _
    A. 2022 B. 2025 C. 2030 D. 2028 Answer: C

Q11. How much amount has been allocated in budget for the Defence sector?
    A. Rs. 2 lakh crore B. Rs. 3 lakh crore C. Rs. 4 lakh crore D. Rs. 5 lakh crore Answer: B

Q12. According to the Fisheries Department, India is the second largest sh producing country in the world as it accounts for _____of the global sh production
    A. 5.5 per cent B. 7.1 per cent C. 6.3 per cent D. 6.8 per cent Answer: C

Q13. What is the valid period of the ‘Electoral bond’ scheme?
    A. 10 days B. 30 days C. 20 days D. 15 days Answer: D

Q14. According to the Geological Survey of Bangladesh for the first time in Bangladesh, iron ore mine has been discovered at
    A. Pirganj B. Dinajpur C. Kania D. Taraganj Answer: B

Q15. IBBI is one of the most important institutional arrangements that India has. What does the abbreviation 'IBBI' stand for?
    A. Indigence and Bankruptcy Board of India B. Insufficiency and Bankrupt Board of India C. Insolvent Bankrupt Board of India D. Insolvency and Bankruptcy Board of India Answer: D

Q16. Which bank has announced a strategic partnership with the FMCG arm of The Art of Living — Sri Tattva?
    A. IDBI Bank B. Punjab National Bank C. State Bank of India D. Canara Bank Answer: C

Q17. The high-level panel constituted by Commerce and Industry Ministry has recommended a host of measures for doubling India's exports of goods and services to over USD 1,000 billion by 2025. The panel was headed by:
    A. Hasmukh Adhiya B. Bibek Debroy C. Prabhat Patnaik D. Surjit Bhalla Answer: D

Q18. Which of the following Mutual Fund has been renamed as ‘Nippon India Mutual Fund’?
    A. Religare Mutual Fund: B. Bharti AXA Mutual Fund C. Reliance Mutual Fund D. HSBC Mutual Fund Answer: C

Q19. The Digital Communication Commission(DCC. approved the cumulative penalty of Rs. 3050 on which Telecom Company for not providing points of interconnection to Reliance Jio when it entered the Market?
    A. Bharti Airtel B. Vodafone - Idea C. Aircel D. Both A & B Answer: D

Q20. Many times in news we see the word “GIFT City”. Here GIFT City Stand for?
    A. Gramin International Finance Tec-City B. German- Indian Finance Tec-City C. Global International Finance Tec-City D. Gujarat International Finance Tec-City Answer: D

Q21. Which of the following states will set up India’s rst international women’s trade center (iWTC), in consonance with the United Nations sustainable development goals (SDGs)?
    A. Rajasthan B. Haryana C. Jharkhand D. Kerala Answer: D

Q22. Which of the following has been banned recently by High-level Inter-ministerial committee headed by nance secretary Subhash Chandra Garg in India?
    A. Private loan providing companies B. Products made in china C. Token currency D. Private cryptocurrency Answer: D

Q23. For the first time which Indian manufacturing plant is included in the WEF’s Global Lighthouse Network (GLN)?
    A. Durgapur Steel Plant B. Jamshedpur Steel Plant C. Tata Steel Kalinganagar D. Bokaro Steel Plant Answer: C

Q24. The Union Government has constituted a Working Group for the revision of the current series of Wholesale Price Index (WPI). Who is the chairman of the 18-member committee?
    A. Prof. Aman Mishra B. Dr. Ratan Jain C. Sarita Singh D. Prof. Ramesh Chand Answer: D

Q25. World investment report is published by?
    A. UNDP B. World Bank C. IMF D. UNCTAD Answer: D

Q26. Which of the following international payments companies has announced that it would work with India to simplify the process of issuing tax identity cards (PAN Cards)?
    A. Moneygram B. Mastercard C. Visa D. Wirecard Answer: D

Q27. Which district of Andhra Pradesh is known for Ongole Cattle breed which was in the news recently after Vice President of India, M. Venkaiah Naidu called for protecting Ongole cattle breed?
    A. East Godavari B. Kurnool C. Guntur D. Prakasam Answer: D

Q28. The Securities and Exchange Board of India (SEBI) has barred which of the following agencies from raising money from the securities market directly or indirectly for six months?
    A. Bombay Stock Exchange B. National Stock Exchange (NSE) C. India International Exchange D. Calcutta Stock Exchange Answer: B

Q29. Who is the head of the committee constituted to replace the 6-decades-old Income Tax Act 1961?
    A. RK Khanna B. Rajiv Beniwal C. T.N. Manoharan D. Akhilesh Ranjan Answer: D

Q30. The 35th Goods and Service Tax (GST) Council Meeting was held in New Delhi. The Council decided to introduce an electronic invoicing system in a phase-wise manner for B2B (Business to Business) transactions from
    A. 1st January 2021 B. 1st January 2020 C. 1st April 2020 D. 1st June 2021 Answer: B
Q1. Which of the following online transactions fee of savings bank account will be not charged by Banks from January 2020?
    A. Automated Teller Machine B. Unified Payments Interface (UPI) C. National Electronic Fund Transfer (NEFT) D. Real-time gross settlement (RTGS) Answer: C

Q2. With which of the following organizations the Singapore Fintech Association (SFA) signed a Memorandum of Understanding (MoU) for cooperation for the development of tech technology in both the nation?
    A. Associated Chambers of Commerce & Industry of India (ASSOCHAM) B. Confederation of Indian Industry (CII) C. Federation of Indian Chambers of Commerce & Industry (FICCI) D. Federation of Indian Export Organizations Answer: C

Q3. In which of the following countries a soft launch of the acceptance of BHIM-UPI QR based payments was scheduled thus the BHIM app has gone international for the first time?
    A. United Arab Emirate B. Singapore C. Hong Kong D. Japan Answer: B

Q4. In which of the following ports of India the world’s first CNG terminal will come?
    A. Kandla, Gujarat B. Bhavnagar, Gujarat C. Vishakhapatnam, Andhra Pradesh D. Kochi, Kerala Answer: B

Q5. In the Sample Registration System (SRS) Bulletin-2016, released on November 07th, 2019, which state has shown the highest percentage decline in MMR?
    A. Bihar B. Karnataka C. Madhya Pradesh D. Rajasthan Answer: B

Q6. From which date the savings bank account customers will not be charged for online transactions in the NEFT or National Electronic Funds Transfer system?
    A. December 2019 B. January 2020 C. March 2020 D. April 2020 Answer: B

Q7. As per the Sample Registration System (SRS) Bulletin-2016, released on November 07, 2019, the Maternal Mortality Ratio (MMR) in India has decreased by _____ since 2013.
    A. 21. 5% B. 23.8% C. 26.9 % D. 29.9% Answer: C

Q8. Which of the following insurance companies has launched ‘Farmitra’ mobile app?
    A. New India Assurance Company Limited B. United India Insurance Company C. Life Insurance of India D. Bajaj Allianz General Insurance Answer: D

Q9. According to data released by the Centre for Monitoring Indian Economy (CMIE), India’s unemployment rate in October 2019 increased to _____ percent, the highest since August 2016.
    A. 7.5% B. 8.5% C. 9.5% D. 11.5% Answer: B

Q10. Which two Indian cities will be added to the list of World Bank’s ease of doing a business survey from the year 2020?
    A. Lucknow and Varanasi B. New Delhi and Gurugram C. Kolkata and Bengaluru D. Hyderabad and Amravati Answer: C

Q11. Who among the following has been appointed as the new Managing Director & Chief Executive Officer of IndusInd Bank?
    A. Paul Abraham B. K. S. Sridhar. C. Suhail Chander D. Sumant Kathpalia Answer: D

Q12. Which of the following countries has pledged to invest 1 billion euros over the next ve years on environmentally friendly urban mobility in India?
    A. Switzerland B. Sweden C. Germany D. England Answer: C

Q13. Name the insurance rm which has received the in-principle approval from insurance regulator IRDAI to act as a direct insurance broker?
    A. Aditya Birla Sun Life Insurance Co. Ltd. B. Religare Health Insurance Company Limited C. Acko General Insurance D. BSE - Ebix Insurance Broking Pvt Ltd Answer: D

Q14. Which of the following banks has partnered with Srei Equipment Finance Ltd (SEFL) to provide loans to MSME and retail sector customers?
    A. Canara Bank B. Union Bank of India C. Punjab National Bank D. United Bank of India Answer: D

Q15. As per the circular of the Union Ministry of Finance dated September 30, 2019, what will be the interest rate of the veyear Senior Citizen Savings Scheme (SCSS)?
    A. 6.9% B. 7.2% C. 7.7% D. 8.6% Answer: D

Q16. As per the report published by the World Trade Organization (WTO) in October 2019, what will be the global trade growth in 2019?
    A. 3% B. 2.7% C. 2.2% D. 1.2% Answer: D

Q17. What is the repo rate as per the 4th Bi-Monthly Monetary Policy statement for FY 20 ?
    A. 4.90% B. 5.15% C. 5.25% D. 5.35% Answer: B

Q18. Name the Indian company that crossed the crossed the total market capitalization of Rs 9 lakh crore and is now the most valued Indian company in terms of market cap?
    A. Oil and Natural Gas Corporation (ONGC) B. Reliance Industries Limited (RIL) C. State Bank of India (SBI) D. Coal India Limited (CIL) Answer: B

Q19. The India arm of Netherlands-based Home Credit Group has tied up with which bank for joint lending to tap the large unbanked customer base across the country?
    A. Yes Bank B. ICICI Bank C. Axis Bank D. Karur Vysya Bank Answer: D

Q20. Which of the following entities has received a license from the Reserve Bank of India (RBI ) to set up a non-banking financial company (NBFC) in Bengaluru?
    A. UAE Exchange India B. Credit Saison India C. Suryamani Financing Co Ltd. D. Smart Global Ventures Answer: B

Q21. What was the deadline to connect digitally all post offices in rural areas in the country?
    A. February 2018 B. January 2019 C. March 2017 D. June 2018 Answer: C

Q22. The National Housing Bank was a subsidiary of which organization?
    A. RBI B. SBI C. SEBI D. DICGC Answer: A

Q23. What is the full form of “NDTL”?
    A. Net Demand and Term Liquidity B. Net Demand and Time Liability C. New Demand and Term Liability D. Net Demand and Term Liquidity Answer: B

Q24. Treasury bills or T-bills, are short term debt instruments issued by which organization?
    A. Reserve Bank of India B. State Bank of India C. Government of India D. IRDA Answer: C

Q25. What is the full form of MUDRA?
    A. Micro Undertakings Development and Refinance Authority B. Micro Units Development and Refinance Agency C. Mini Undertakings Development and Restructuring Agency D. Mini Units Development and Restructuring Authority Answer: B

Q26. Dhanlaxmi Bank Ltd is an old private sector bank headquartered in Thrissur City, _______.
    A. Kerala B. Tamil Nadu C. Odisha D. Andhra Pradesh Answer: A

Q27. Which of the following is the sensitive index of National Stock Exchange?
    A. Nifty B. Sensex C. MCX D. CNX Answer: A

Q28. Which of the following is a programme to develop Health Services in Rural India?
    A. NHDP B. INNORM C. ASHA D. MGNREGA Answer: C

Q29. May times we read about SHGs in financial newspapers. What is the full form of the term?
    A. Small Help Groups B. Self Help Groups C. Small Hope Growths D. None of these Answer: B

Q30. ’CAMELS” rating refers to which of the following?
    A. Capital markets B. Banks C. Insurance companies D. None of these Answer: D
Q1. Which of the following cities hosted the 11th edition of Bal Sangam festival?
    A. Pune B. Bhopal C. New Delhi D. Patna Answer: C

Q2. 5th International Ramayan Festival was organized in which of the following cities?
    A. Dehradun B. Shimla C. New Delhi D. Kolkata Answer: C

Q3. In September 2019, in which of the states a three-day-long traditional 'Neermahal Jal Utsav' was celebrated with eyecatching boat race and swimming competitions?
    A. Kerala B. West Bengal C. Jammu and Kashmir D. Tripura Answer: D

Q4. CBI Director Rishi Kumar Shukla has inaugurated the 1st National Conference on Cyber Crime Investigation and Cyber Forensics. CBI headquarter is situated at which place?
    A. Bengaluru B. Mumbai C. New Delhi D. Hyderabad Answer: C

Q5. What is the capital of Slovakia?
    A. Suva B. Tbilisi C. Conakry D. Bratislava Answer: D

Q6. What is the capital of Czech Republic?
    A. Prague B. Nicosia C. Zagreb D. Stockholm Answer: A

Q7. What is the currency of Cyprus?
    A. Dinar B. Euro C. Rial D. Peso Answer: B

Q8. Which of the following is the currency of Mauritius?
    A. Mauritian Rupee B. Mauritian Dinar C. Mauritian Dollar D. Mauritian Pound Answer: A

Q9. Every year on which of the following dates the World Teachers’ Day is celebrated?
    A. 5th September B. 15th September C. 25th September D. 5th October Answer: D

Q10. Every year on 2nd October, which of the following days is observed around the world?
    A. World Doctor Day B. World Anti-Tobacco Day C. World Non-Violence Day D. World Happiness Day Answer: C

Q11. What is the theme of the World Ozone Day 2019?
    A. Keep Cool and Carry On B. '32 years and Healing' C. Ozone and climate: Restored by a world united D. Ozone Layer Protection: The Mission Goes On Answer: B

Q12. In Which state is the Sardar Patel Zoological Park located?
    A. Gujarat B. Maharashtra C. Madhya Pradesh D. Rajasthan Answer: A

Q13. Kudankulam nuclear power plant is located in which state?
    A. Andhra Pradesh B. Telangana C. Kerala D. Tamil Nadu Answer: D

Q14. Which lake is situated in the Indian hill station of Mount Abu in Aravalli range?
    A. Hussain Sagar B. Dhebar lake C. Nakki lake D. Chandra lake Answer: C

Q15. In which of the following states is the Green Park stadium situated?
    A. Uttar Pradesh B. Maharashtra C. Madhya Pradesh D. West Bengal Answer: A

Q16. Ayodhya is situated on the bank of which of the following rivers?
    A. Son B. Yamuna C. Ganga D. Sarayu Answer: D

Q17. Srinagar is located on which river?
    A. Ravi B. Chenab C. Indus D. Jhelum Answer: D

Q18. In which of the following states is the Salal dam is located?
    A. Punjab B. Haryana C. Uttarakhand D. Jammu and Kashmir Answer: D

Q19. Which is the oldest text in the world ?
    A. Yajur Veda B. Atharva Veda C. Rig Veda D. Sama Veda Answer: c

Q20. Mount Kinabalu is the highest mountain of which of the following countries ?
    A. Malaysia B. China C. India D. Vietnam Answer: a

Q21. How many banks were nationalized as on 19th July, 1969?
    A. 15 B. 13 C. 14 D. 16 Answer: C

Q22. Second Time Nationalization of more than 5 banks were conducted in which year?
    A. 1975 B. 1980 C. 1985 D. 1970 Answer: D

Q23. In 1980, how many banks were nationalized?
    A. 5 B. 7 C. 6 D. 8 Answer: C

Q24. Scheduled Banks are classified into:
    A. State Bank of India and Its Associates B. Nationalized Banks C. Regional Rural Banks (RRB) D. All of the Above Answer: D

Q25. The Central Office of the Reserve Bank of India is now located at which city?
    A. Mumbai B. Hyderabad C. New Delhi D. Lucknow Answer: A

Q26. The Central Office of the Reserve Bank was permanently moved to Mumbai in which year?
    A. 1934 B. 1937 C. 1935 D. 1980 Answer: B

Q27. First Bank established in India was:
    A. Bank of India B. Bank of Hindustan C. General Bank of India D. All of these Answer: B

Q28. Bank of Hindustan was established in which year?
    A. 1700 B. 1770 C. 1780 D. 1790 Answer: B

Q29. _________ bank was established in 1786.
    A. General Bank B. Reserve Bank of India C. Bank of Bengal D. Allahabad Bank Answer: A

Q30. The Largest and Oldest Bank, still in existence is:
    A. Punjab National Bank B. Reserve Bank of India C. State Bank of India D. Canara Bank Answer: C
Q1. Who is the author of the Man Booker Prize-shortlisted novel ‘Suncatcher’ set to release in November 2019?
    A. Salman Rushdie B. Romesh Gunesekera C. Margaret Atwood D. Bernardine Evaristo Answer: B

Q2. Who is the author of the book titled “The Unquiet River: A biography of the Brahmaputra”?
    A. Arupjyoti Saikia B. Himanjali Sankar C. Homen Borgohain D. Mamoni Raisom Goswami Answer: A

Q3. Who among the following has been awarded the Wildlife Conservation Society’s George Schaller Lifetime Award in Wildlife Conservation Science for his contribution to the field of conservation?
    A. K. Ullas Karanth B. Valmik Thapar C. Romulus Whitaker D. Parbati Barua Answer: A

Q4. Who among the following has been conferred with Tata Literature Live Lifetime Achievement Award 2019 for his outstanding contribution in the field of theatre?
    A. Rima Das B. Alankrita Shrivastava C. Shanta Gokhale D. Gazal Dhaliwal Answer: C

Q5. Which of the following industrialists has been conferred with the prestigious Deming Distinguished Service Award for Dissemination and Promotion Overseas?
    A. Pawan Munjal B. Rahul Bajaj C. Navin Jindal D. Venu Srinivasan Answer: D

Q6. Recently constituted Mihir Shah Committee is related with which of the following?
    A. To draft a new National Water Policy (NWP) B. To implement 100 days homestay of the CAPFc jawans C. To chart out 15-point reform charter for better functioning of Parliament D. To form a trust to build Ram Mandir at disputed Babri mosque site Answer: A

Q7. The 7-member panel headed by Atul Karwal and formed by the central government is related with/to _
    A. 100 days homestay of the CAPFc jawans B. 15-point reform charter for better functioning of Parliament C. form a trust to build Ram Mandir at disputed Babri mosque site D. to implement DIN system of Central Board of Indirect Taxes and Customs Answer: A

Q8. Union Minister for Housing and Urban Affairs Hardeep Singh Puri has inaugurated a new Guru Nanak Chair at which university to enable research around the teachings of the founder of the Sikh religion?
    A. University of Birmingham B. University of Oxford C. University of Cambridge D. University of Edinburgh Answer: A

Q9. Name the Indian origin researcher from the University of New South Wales (UNSW), Sydney, Australia, who has won the ‘Early Career Researcher of the Year Award-2019’ (Physical Sciences)?
    A. Dr. Nisha D'Silva B. Manjul Bhargava, C. Ruchir Sharma, D. Dr. Neeraj Sharma Answer: D

Q10. What is the name of the King of Netherlands who visited India along with Queen Maxima for the first time since his ascension to the throne in 2013?
    A. Frederick Henry B. Willem-Alexander C. King Philippe D. King Felipe VI Answer: B

Q11. Who is the incumbent President of the Comoros?
    A. Roh Tae-woo B. Tshering Tobgay C. Moon Jae-in D. Azali Assoumani Answer: D

Q12. Where is the headquarter of the International Civil Aviation Organization (ICAO) located?
    A. New York, USA B. London, UK C. Berlin, Germany D. Montreal, Canada Answer: D

Q13. International Institute of Information Technology is located in which place which has created the rst-ever Indian Brain Atlas?
    A. Bengaluru B. New Delhi C. Hyderabad D. Nagpur Answer: C

Q14. The Union government of India has given approval for setting up four medical device parks with a view to supporting Make in India initiative, and out the state where the park has not proposed to come?
    A. Andhra Pradesh B. Telangana C. Karnataka D. Tamil Nadu Answer: C

Q15. In which station Indian Railway has installed two health ATM that will provide 16 health check-ups for Rs 50-100?
    A. New Delhi Railway Station B. Howrah Junction C. Lucknow Charbagh railway station D. Jaipur Railway Station Answer: C

Q16. Which of the following institutions is collaborating with Indian Space Research Organisation (ISRO) to set up a space technology cell at the campus?
    A. Indian Institute of Technology (IIT), Kharagpur B. Indian Institute of Technology (IIT), Kanpur C. Indian Institute of Technology (IIT), Delhi D. Indian Institute of Technology (IIT), Mumbai Answer: C

Q17. Which of the following cities has been declared as the most polluted city as per the data released by the Central Pollution Control Board (CPCB)?
    A. New Delhi B. Ghaziabad C. Varanasi D. Lucknow Answer: C

Q18. Who among the following has been appointed as the chairman of the Land Ports Authority of India (LPAI) for a period of five years?
    A. Pramod Kumar Tiwari B. Rohit Kumar Parmar C. Aditya Mishra D. Mihir Vardhan Answer: C

Q19. What is the name of the 1st India –Russia joint tri-service exercise scheduled to be held from December 10-19, 2019 in India?
    A. GARUDA 2019 B. VIJYA PRAHAR 2019 C. VAJRA PRAHAR 2019 D. INDRA 2019 Answer: D

Q20. Who among the following has won the Fuzhou China Open Badminton men’s title 2019?
    A. Chou Tien-chen B. Anders Antonsen C. Viktor Axelsen D. Kento Momota Answer: D

Q21. Consider the following events:
    A. Conversion of Imperial Bank of India into S.B.I. B. Establishment of NABARD C. Setting up of RRBs D. Nationalization of R.B.I. The correct chronological sequence of these events is : (1) 4, 1, 2, 3 (2) 4, 1, 3, 2 (3) 1, 4, 3, 2 (4) 1, 4, 2, 3 (5) None of these Answer: B

Q22. Word Bull and Big are associated with which branch of commercial activity?
    A. II Schedule of Banking Regulation Act B. II Schedule of Constitution C. II Schedule of Reserve Bank of India Act D. All of the above Answer: A

Q23. What is the animal on the insignia of the RBI?
    A. Lion B. Tiger C. Panther D. Elephant Answer: C

Q24. The best way, a bank can avoid loss is to :
    A. lend only to individuals known to the bank B. accept sound collateral C. give only short-term loans D. lend only to bank's old customers Answer: A

Q25. The system of value added taxation is applicable to:
    A. excise duties B. income tax C. estate duty D. taxes on agricultural income Answer: A

Q26. A small finance bank should hold how many percent of its net credits in loans to firms in priority sector lending?
    A. 60% B. 75% C. 80% D. 96% Answer: B

Q27. Who was S.S. Tarapore?
    A. Former Governor of RBI B. Former Finance secretary C. Former Deputy Governor of RBI D. Former Finance Minister Answer: C

Q28. What was the initial corpus of NABARD?
    A. 120 crore B. 100 crore C. 50 crore D. 80 crore Answer: B

Q29. Forward Market Commission was established in which year?
    A. 1950 B. 1953 C. 1960 D. 1965 Answer: B

Q30. In 2015, Forward Market Commission was merged with _________.
    A. RBI B. SBI C. SEBI D. NABARD Answer: C
Q1. Which bank launched the lending program Smart Edge for MSMEs?
    A. ICICI Bank’ B. HDFC Bank C. Yes Bank D. Axis Bank Answer: C

Q2. Which of the following given options best describe the “National Debt”;
    A. How much more we spend than what we bring in B. Total outstanding borrowings of a central government C. How much we are below our deficit per year D. When the government spends as much money as it generates in revenue Answer: B

Q3. What does “L” stand for in PMLA?
    A. Leverage B. Limit C. Lending D. Laundering Answer: D

Q4. What does BFD stand for with respect to Aadhaar Enabled payment System?
    A. Bank Finance Deficit B. Best Finger Detection C. Best Finance Deal D. Bank Fraud Detection Answer: B

Q5. The Indian Financial System Code (IFS Code) is an alphanumeric code that uniquely identies a bank-branch participating in the two main Electronic Funds Settlement Systems in India. IFSC code consists of how many alphanumeric codes?
    A. 5 B. 6 C. 9 D. 11 Answer: D

Q6. The bank or financial institution that invests equity capital directly in businesses and often provides those businesses with advisory services is known as
    A. Scheduled Bank B. Commercial bank C. Merchant Bank D. RRB Answer: C

Q7. There are different types of bank account a person can open in a bank, on which type of bank account a person will get the highest interest rate?
    A. Fixed Deposit bank account B. Saving bank account C. Recurring Deposit bank account D. Current account Answer: A

Q8. As per the Sample Registration System (SRS) Bulletin-2016, released on November 07, 2019, the Maternal Mortality Ratio (MMR) in India has decreased by _____ since 2013.
    A. 21. 5% B. 23.8% C. 26.9 % D. 29.9% Answer: C

Q9. Which of the following insurance companies has launched ‘Farmitra’ mobile app?
    A. New India Assurance Company Limited B. United India Insurance Company C. Life Insurance of India D. Bajaj Allianz General Insurance Answer: D

Q10. Which of the following rating agencies has lowered the outlook on the government of India's ratings to ‘negative’ from ‘stable’?
    A. Moody’s Investors Service B. Standard & Poor's C. Fitch Ratings D. CRISIL Answer: A

Q11. The Reserve Bank of India (RBI) has imposed a ne of Rs 5 lakh on which prepaid payment instrument?
    A. Paytm B. Mobikwik C. Oxigen Services D. Vodafone M-Pesa Limited Answer: C

Q12. Name the product that has been allocated a separate Harmonized System (HS) code by the Union Government to give an impetus to the export of it?
    A. Gems & Jewelry B. Cotton Fabrics C. Khadi D. Pharmaceuticals Answer: C

Q13. Which of the following Small Finance Banks has launched an instant digital savings account (SA) along with Fixed Deposit (FD) and Privilege Savings Account to offer distinctive banking and digital services to its customers?
    A. Janalakshmi Small Finance Bank B. Equitas Small Finance Bank C. A U Small Finance Bank D. Ujjivan Small Finance Bank Answer: D

Q14. From which of the following banks India has got the first set of account details of its nationals under a new Automatic Exchange of Information (AEOI) framework, a major milestone in the government's right against black money stashed abroad?
    A. UBS Group B. Swiss Bank C. Royal Bank of Scotland D. Zurich Cantonal Bank Answer: B

Q15. The Reserve Bank of India (RBI) has given its final approval to the Kerala Government for the formation of the _______.
    A. Venado Bank Ltd B. Catholic Bank C. Kerala Bank D. Kottayam Orient Bank Answer: C

Q16. Which of the following banks has launched the “Debit Card EMI facility” for its existing customers for a period ranging from 6 months to 18 months?
    A. State Bank of India B. Bank of Baroda C. Punjab National Bank D. Uco Bank Answer: A

Q17. The Asian Development Bank has slashed its growth forecast for India for scal year 2019-20 to ________ from 7%.
    A. 6.7% B. 6. 5% C. 6.3% D. 6.1% Answer: B

Q18. The Reserve Bank of India in its 4th bi-monthly monetary policy review reduced the real GDP growth for 2019-20 from 6.9% to ______.
    A. 6.7% B. 6.4% C. 6.5% D. 6.1% Answer: D

Q19. Which of the following banks has announced the launch of ‘Express FD’, a digital fixed deposit (FD) product that allows the customer to open an FD account in three minutes through the digital mode without opening a savings account with the bank?
    A. ICICI Bank B. HDFC Bank C. Axis Bank D. Yes Bank Answer: C

Q20. On October 3rd, 2019, Himachal Pradesh Chief Minister Jai Ram Thakur bagged off a one-month program ‘Pragati Rath’ of which of the following banks in Shimla to make people aware of financial and digital literacy?
    A. ICICI Bank B. Yes Bank C. HDFC Bank D. Axis Bank Answer: C

Q21. Who is Banking Ombudsman?
    A. He is in charge of bank loans for buses B. He fixes the rates of interest for loans C. He resolves complaints of customers D. He issues licenses for new bank branches Answer: C

Q22. Which of the following is not classified as a commercial bank?
    A. Public sector bank B. Foreign bank C. Private sector bank D. Urban cooperative bank Answer: D

Q23. Which of the following is not the name of a Banking Institute/org.?
    A. HDFC B. ICICI C. Kotak D. SEBI Answer: D

Q24. Which of the following organization administered Monetary Policy as an arm of the economic policy?
    A. Government of India B. Reserve Bank of India C. SEBI D. SIDBI Answer: B

Q25. Which of the following function is not a primary function of a Commercial Bank?
    A. Granting Loans B. Collecting Cheques/Drafts customers C. Facilitating import of goods D. Issuing Bank Drafts Answer: C

Q26. The Board of Financial Supervision was constituted in:
    A. December 1995 B. November 1994 D. September, 1996 D. October, 1993 Answer: B

Q27. Reduction in general level of prices in an economy is known as:
    A. Inflation B. Shortage of Goods C. Deflation D. Supply Shortage Answer: C

Q28. Those amounts due to vendors or suppliers that must be paid within one year is known as:
    A. Loan Advances B. Accounts Payable C. Creditors D. Debtors Answer: B

Q29. Which of the following banks first time introduce the merchant banking in India?
    A. State Bank of India B. Grindlays Bank C. Bank of America D. London Bank Answer: D

Q30. What does Public Sector Banks refer to
    A. More people visit these banks B. RBI or Government of India or both have at least 51% shares in the Bank C. Bank run by the government having the directors elected by the public D. All of the Above Answer: C
Q1. In September 2019, the three-day-long traditional Neermahal Jal Utsav concluded with eye-catching boat race and swimming competitions at Rudrasagar lake. It is located in which state?
    A. Assam B. Tripura C. Manipur D. Jammu and Kashmir Answer: B

Q2. What is the name of the annual festival which will be celebrated in Jammu and Kashmir?
    A. Jhiri Mela B. Kheer Bhawani Mela C. Mela Bahu Fort D. Sudh Mahadev Mela Answer: B

Q3. Who has been inaugurated the exhibition titled “Unknown Masterpieces of Himachal folk Art” in New Delhi?
    A. Prahalad Singh Patel B. Narendra Modi C. Amit Shah D. Prakash Javadekar Answer: A

Q4. Singhey Khababs Sindhu festival was celebrated in ____.
    A. Arunachal Pradesh B. Assan C. Nagaland D. Jammu & Kashmir Answer: D

Q5. ‘Bihu’ is a folk dance of which of the following states in India?
    A. Assam B. Kerala C. Punjab D. Odisha Answer: A

Q6. Which of the following cities hosted the Madhya Dakshini Festival 2019?
    A. Darjeeling B. Kolkata C. Gangtok D. Guwahati Answer: D

Q7. Union Minister of State (Independent Charge) for Tourism & Culture Prahlad Singh Patel has inaugurated ‘2019 Shirui Lily Festival’. It is celebrated in which state?
    A. Nagaland B. Tripura C. Mizoram D. Manipur Answer: D

Q8. What is the Capital of Tunisia?
    A. Tripoli B. Tunis C. Rabat D. Hammamet Answer: B

Q9. UNESCO India and the Rajasthan government's tourism department today signed a partnership agreement to promote community-based responsible tourism based on the rich intangible cultural heritage of the state. Which of the following National Park is not situated in Rajasthan?
    A. Ranthambore National Park B. Desert National Park C. Darrah National Park D. Vansda National Park Answer: D

Q10. What is the currency of Czech Republic?
    A. Dinar B. Euro C. Koruna D. Krone Answer: C

Q11. The World Day for Audiovisual Heritage for 2019 was observed by the United Nations on which date to recognize the need to preserve audio-visual links to the past?
    A. 25th October B. 26th October C. 27th October D. 28th October Answer: C

Q12. The World Development Information Day is being observed every year on which date to inform and motivate young people?
    A. 21st October B. 22nd October C. 23rd October D. 24th October Answer: D

Q13. Maharaj Maharaj Bir Bikram Airport is located in which city?
    A. Guwahati B. Dispur C. Imphal D. Agartala Answer: D

Q14. Gorumara National Park is located in which state?
    A. Sikkim B. Assam C. West Bengal D. Jharkhand Answer: C

Q15. On which river bank Charminar is situated?
    A. Musi B. Kosi C. Kaveri D. Krishana Answer: A

Q16. According to the UNESCO, which caves are masterpieces of Buddhist religious art that influenced Indian art?
    A. Elephanta Island Caves B. Badami Caves C. Ajanta caves D. Dungeshwari Cave Answer: C

Q17. Which temple is called as "Black Pagoda" in European sailor accounts in 1676?
    A. Jagannath Temple B. Konark Sun Temple C. Brihadeeswara Temple D. Somnath Temple Answer: B

Q18. In which country world’s largest temple is located?
    A. Cambodia B. India C. China D. Indonesia Answer: A

Q19. ‘Paper Boat’ company is famous for which product?
    A. Bio-Chemicals B. Cereals C. Automobile D. Beverages Answer: D

Q20. Apart from India, in which of the following two countries, Tamil is an official language?
    A. Mauritius and Malaysia B. Sri Lanka and Singapore C. Malaysia and Indonesia D. Sri Lanka and Mauritius Answer: B

Q21. Recently T. Latha, has resigned from the post of Managing Director and CEO from which of the following bank?
    A. Yes bank B. ICICI Bank C. Axis Bank D. Dhanlaxmi Bank Answer: D

Q22. What is the full form of EGS?
    A. Environmental, social and governance B. Environmental, Sanitation, and group C. Ecologically, Sustainable and Government D. Economics, Sustainable and good governance Answer: A

Q23. What is dumping in the economy?
    A. Product to another country at a price above the normal price B. Product to another country at a price below the normal price C. Product to another country at a price same the normal price D. Product to another country at a price uncertain the normal price Answer: B

Q24. Walmart-owned Indian e-commerce platform__________ revenue jumped 42% year-on-year to $6.14 billion (₹43,615 crore) in the financial year ended 31 March.
    A. Flipchart B. SnapDeal C. Myntra D. HomeShop18 Answer: A

Q25. _________ three major state-run telecom operators have unveiled their 5G network.
    A. China B. France C. Russia D. Singapore Answer: A

Q26. _________ announced the launch of test series for international driving licence examinations.
    A. Flipchart B. Infosys C. EduGorilla D. Tata Motars Answer: C

Q27. Balance of trade means______.
    A. The addition between the monetary value of a nation's exports and imports over a certain period. B. The difference between the monetary value of a nation's exports and imports over a certain period. C. The multiply between the monetary value of a nation's exports and imports over a certain period. D. The division between the monetary value of a nation's exports and imports over a certain period. Answer: B

Q28. Who started the Zamindari system?
    A. John Shore B. Lord Cornwallis C. Lord Minto D. William Bentinck Answer: B

Q29. What is the SLR at current?
    A. 20.50 B. 21.50 C. 19.50 D. 18.50 Answer: D

Q30. What is disposable income?
    A. Income - Taxes and social security charges B. Income +Taxes and social security charges C. Income + saving D. Income - saving Answer: A
Q1. Who prepares the national income estimates in India?
    A. Central Statistical Organisation (CSO) B. Finance Commission C. Commerce and Industrial Ministry D. Niti Ayog Answer: A

Q2. What is the current SLR?
    A. 16.50 % B. 20.15% C. 18.50% D. 18.00% Answer: C

Q3. First five-year plan in India was from ___________.
    A. 1947 - 1952 B. 1949 - 1954 C. 1950 - 1955 D. 1951 – 1956 Answer: D

Q4. National Development Council was constituted on:
    A. 2nd August 1952 B. 6th August 1952 C. 8th August 1952 D. 12th August 1952 Answer: B

Q5. The Central Office of the Reserve Bank was initially established in Calcutta but was permanently moved to Mumbai in ___________.
    A. 1938 B. 1937 C. 1936 D. 1939 Answer: B

Q6. The nationalisation of RBI was done in __________.
    A. 1949 B. 1950 C. 1951 D. 1952 Answer: A

Q7. Where was the first mint was established?
    A. Kolkata B. Hyderabad C. Mumbai D. Bangalore Answer: C

Q8. By which of the following NBFC are regulated?
    A. RBI B. Companies Act 2013 C. SEBI D. NIFTY Answer: C

Q9. How many mints in India produce coins?
    A. 3 B. 7 C. 6 D. 4 Answer: D

Q10. What is the highest rate of GST?
    A. 15% B. 12% C. 30% D. 28% Answer: D

Q11. On August 4, 1949, the National Income Committee was formed to estimate the national income, which was headed by ……?
    A. PC Mahalnobis B. Dada Bhai Naoroji C. Only 1 D. Both 1 & 2 Answer: A

Q12. Which Ministry is responsible for calculating GDP in India?
    A. Ministry of Finance B. Ministry of Commerce and Industry C. Ministry of Commerce D. Ministry of Central Statistical and Program Implementation Answer: D

Q13. If the contribution of the agricultural sector is decreasing in a country's economy, then what conclusion can be drawn?
    A. The economic growth rate of the country is very low. B. The country is growing in the direction of being a developed nation. C. The country is moving towards becoming a developing nation. D. The country is moving towards becoming less developed nation. Answer: B

Q14. The Central Statistical Organization (C.S.O.) has divided the Indian economy into how many parts?
    A. 2 B. 3 C. 5 D. 1 Answer: B

Q15. In which type of banking provided wealth management services to high-net-worth individuals and families?
    A. Retail banking B. Business banking C. Corporate banking D. Private banking Answer: D

Q16. What is the full form of NAM ?
    A. Non-Aligned Movement B. Non-Along Movement C. Only 1 D. Both 1 & 2 Answer: A

Q17. Such may Chakraborty Committee basically is known for which work?
    A. To assess the functioning of the Indian monetary system. B. System of working capital financing by banks. C. Report on capital account convertibility. D. NABARD's role in RRB. Answer: A

Q18. Tandon Committee is basically known for which work?
    A. To assess the functioning of the Indian monetary system. B. System of working capital financing by banks. C. Report on capital account convertibility. D. NABARD's role in RRB. Answer: B

Q19. To whom has the Central Government approved the first private train Tejas Express to be leased?
    A. Ministry of Defense B. Ministry of Sports C. IRCTC D. Government of Maharashtra Answer: C

Q20. Oriental Bank of Commerce and SLBC Convenor has organized a meeting to know the views of public sector banks in which city?
    A. Mumbai B. Jaipur C. Hyderabad D. Delhi Answer: D

Q21. Which of the following country, received first loan from World Bank loan?
    A. USA B. Germany C. France D. Japan Answer: C

Q22. In which year, HDFC Asset Management Company was established?
    A. 1990 B. 1999 C. 2000 D. 2016 Answer: B

Q23. Where is the headquarters of ICICI Prudential Mutual Fund located?
    A. Mumbai B. New Delhi C. Kolkata D. Chennai Answer: A

Q24. Oriental Life Insurance Company was started by Anita Bhavsar in _______ to cater to the needs of European community.
    A. Mumbai B. New Delhi C. Kolkata D. Chennai Answer: C

Q25. Life insurance in India was completely nationalized on _________, through the Life Insurance Corporation Act.
    A. 19 January 1955 B. 19 January 1957 C. 19 January 1958 D. 19 January 1956 Answer: D

Q26. Jio Payments Bank is an Indian payments bank that started operations from ______.
    A. 2015 B. 2018 C. 2016 D. 2019 Answer: B

Q27. Jio Payments Bank Limited is a joint venture between the Reliance Industries and which bank with the stake of 70:30?
    A. Reserve Bank of India B. Bank of Baroda C. State Bank of India D. Punjab National Bank Answer: C

Q28. Vijay Shekhar Sharma is the founder of which bank/organization?
    A. Kotak Mahindra Bank B. Paytm C. Uber D. Airtel Payment Bank Answer: B

Q29. Where is the headquarters of Ujjivan Small Finance Bank Limited located?
    A. Thrissur B. Ahmadabad C. Kolkata D. Bangalore Answer: B

Q30. Deutsche Bank AG is a _________ multinational investment bank and financial services company.
    A. Japanese B. American C. Russian D. German Answer: D
Q1. Who has been appointed as Managing Director (MD) and CEO (Chief executive officer) of IDFC First Bank?
    A. Atul Kumar Goel B. Ashok Vajpeyi C. V Vaidyanathan D. Biswa Sarma Answer: C

Q2. Which of the following best describes the word Revenue Decit?
    A. Revenue expenditure minus revenue receipts B. Revenue expenditure minus interest payments C. Total expenditure minus total revenue (excluding borrowings) D. Total revenue minus total expenditure (excluding interest payments) Answer: A

Q3. The delivery of nancial services at affordable costs to sections of disadvantaged and low-income segments of society is referred to as ____.
    A. Social Inclusion B. Financial Inclusion C. Economic inclusion D. Financial Exclusion Answer: B

Q4. In EEFC, what does F stand for?
    A. Financial B. Foreign C. Fiscal D. Fixed Answer: B

Q5. CAC means the ability of the domestic residents to converts the local currency to any foreign currency at will. What does ‘A’ stands for in ‘CAC’?
    A. Account B. Act C. Agency D. AgendaAnswer: A

Q6. In March 2019, the State bank of India (SBI) had signed a pact with which bank to boost business opportunities?
    A. Bank of Japan B. Bank of America C. Bank of France D. Bank of China Answer: C

Q7. What is the minimum charge to le a case in a Lok Adalat?
    A. Rs. 100 B. Rs. 250 C. Rs. 500 D. No Fee Answer: D

Q8. Which country launched the world’s first Sovereign Blue Bond?
    A. Japan B. Thailand C. Republic of Seychelles D. China Answer: D

Q9. Which is not a category of Non-performing assets (NPA)?
    A. Loss Asset B. Doubtful Asset C. Standard Asset D. Substandard Asset Answer: C

Q10. Who has become the first lender to charge for UPI (United Payments Interface) use?
    A. ICICI Bank B. RBL Bank C. South Indian Bank D. Kotak Mahindra Bank Answer: D

Q11. The central banks of the UAE and Saudi Arabia have launched a common digital currency called ______.
    A. Litecoin B. Dogecoin C. Aber D. Bitcoin cash Answer: A

Q12. 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?
    A. Fixed Deposit Account B. Saving Account C. Current Account D. Recurring Account Answer: D

Q13. Which agency maintains the Micro Finance Development and Equity Fund in India?
    A. SEBI B. NABARD C. RBI D. Ministry of Finance Answer: B

Q14. As per Coinage Act 1906, in India, coins can be issued upto the denomination of?
    A. Rs. 50 B. Rs. 100 C. Rs. 500 D. Rs. 1000 Answer: D

Q15. Which of the following Acts has especially been launched to facilitate banks in the recovery of bad loans?
    A. RBI Act B. Banking Act C. Companies Act D. SARFAESI Act Answer: D

Q16. In its INDC, India has pledged to improve the emissions intensity of its GDP by 33 to 35 per cent by ______ below 2005 levels.
    A. 2020 B. 2025 C. 2030 D. 2035 Answer: C

Q17. What do you understand by Cheque Truncation System?
    A. Physical movement of a cheque is stopped between banks and instead of physical movement an electronic image be exchanged for clearance of funds which is faster and safer. B. The physical movement of a cheque for clearance of funds be made more secure C. Issue of cheques to customers be made more secure by introducing more enhanced security features D. A new technology to process payments between Banks exclusively Answer: A

Q18. What is the current repo rate, according to first Bi-monthly Monetary Policy statement for 2019-20?
    A. 6.75% B. 6.00% C. 6.25% D. 6.50% Answer: B

Q19. Under CAMEL norms, what does A stand for?
    A. Amortization B. Assets C. Accountability D. Adjustment of LiquidityAnswer: B

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?
    A. Tata Consultancy Services B. Tech Mahindra C. Wipro D. HCL Answer: D

Q21. Where is the headquarter of Corporation Bank?
    A. Allahabad B. New Delhi C. Mumbai D. Mangalore Answer: D

Q22. What is the tagline of Indian Bank?
    A. Your own bank B. One family, one bank C. Good people to grow with D. Your trusted bank Answer: A

Q23. Scheduled Banks are classified into which of the following categories?
    A. Nationalized Banks B. Regional Rural Banks (RRB) C. Foreign Banks D. All of the Above Answer: D

Q24. Which of the following agencies is associated with the business of Insurance sector as a regulator?
    A. NPCI B. IRDAI C. SEBI D. AMFI Answer: B

Q25. Punjab National Bank was established in which of the following years?
    A. 1881 B. 1894 C. 1913 D. 1917 Answer: B

Q26. A Business Entity entered into two or more business entities, known as:
    A. Mergers B. Amalgamation C. Joint Venture D. Partnership Answer: C

Q27. Which of the following payment technology company, has signed up the world badminton champion Pusarla Venkata Sindhu as its brand ambassador for two years?
    A. Master Card B. Rupay Card C. Visa Card D. Maestro Card Answer: C

Q28. Which bank has associated with the Confederation of All India Traders to launch the “Digi Vyapari-Safal Vyapari” scheme?
    A. HDFC Bank B. ICICI Bank C. Axis Bank D. Yes Bank Answer: A

Q29. Which of the following bank enter in partnership with Indian Oil and launched a co-branded fuel card for users from non-metro cities and towns which will be available on both RuPay and Visa platforms?
    A. ICICI Bank B. Axis Bank C. Yes Bank D. HDFC Bank Answer: D

Q30. Which bank launched a Preventive Vigilance (PV) portal, recently?
    A. PNB B. BOB C. IOB D. UCO Bank Answer: A
Q1. What is the size of new 10-rupee bank note?
    A. 66mm x 130mm B. 66 mm x 135 mm C. 63 mmX123 mm D. 66 mmX142 mm Answer: C

Q2. Who among the following had been appointed as the new MD & CEO of Yes Bank?
    A. Rana Kapoor B. Deepak Parekh C. Aditya Puri D. Ravneet Gill Answer: D

Q3. On January 09, 2019, India had permitted which Iranian bank to open its branch in Mumbai?
    A. EN Bank B. Bank Maskan C. Bank Pasargad D. Parsian Bank Answer: C

Q4. Which Indian bank has signed a MoU with Kathmandu-based National Banking Institute (NBI) for the development of human resources of NBI?
    A. Punjab National Bank B. Bandhan Bank C. Yes Bank D. State Bank of India Answer: D

Q5. Marg ERP limited has partnered with which of the following banks to offer an integrated payments platform to Micro, Small and Medium Enterprise (MSME) customers, using Marg’s accounting software?
    A. ICICI Bank B. Kotak Mahindra Bank C. HDFC Bank D. State Bank of India Answer: A

Q6. ‘EEFC’ is an account maintained in foreign currency with an authorised dealer i.e. a bank dealing in foreign exchange. What does 'C' stand for in ‘EEFC?
    A. Cash B. Capital C. Currency D. Current Answer: C

Q7. Which of the following statements is/are correct with respect to a 'cheque'?
    a) Negotiable Instruments Act 1881 has allowed a cheque as a bill of exchange. b) Bearer Cheques are the uncancelled cheques with the words "or bearer" on the face of the cheque. c) Stale cheques are the cheques that are presented for payment after 3 months from the date of the cheque. d) A crossed cheque means a cheque which is truncated during the course of a clearing cycle. A. b and d B. a, b, c C. a and b D. All of these Answer: B

Q8. What is White Label ATMs (WLAs)?
    A. ATMs set up, owned & operated by non-banks B. ATMs set up, owned & operated by banks themselves C. ATMs set up, owned by non-banks and & operated by banks D. none of the above statement Answer: A

Q9. In India, Rupee1 note bears the signature of __.
    A. Governor of RBI B. Secretary of Finance C. Minister of Finance D. Chief Economic Advisor Answer: B

Q10. Which of the following All India Financial Institutions (AIFI) is a wholly-owned subsidiary of the Reserve Bank of India?
    A. Export-Import Bank of India (EXIM) B. National Bank for Agriculture and Rural Development (NABARD) C. National Housing Bank (NHB) D. Deposit Insurance and Credit Guarantee Corporation (DICGC) Answer: D

Q11. Foreign currency exchange only done by___.
    A. Public Debt Division B. American Banks C. Ministry of Foreign Affairs D. RBI or other bank authorized with same business Answer: D

Q12. KYC policy has been actually innovated by ________________.
    A. Fed Reserve of USA B. Basel committee C. RBI D. GOI, Ministry of Finance Answer: B

Q13. In CDR, “R” stands for ____.
    A. Ratio B. Receipt C. Regulation D. Restructuring Answer: D

Q14. A company which pools money from investors and invests in stocks, bond and shares is called __.
    A. A Bank B. An Insurance company C. Bank assurance D. Mutual Fund Answer: D

Q15. In Banking, operational risk arises from which of the following factor(s):
    i. Inadequate or failed internal processes ii. People and systems iii. External events iv. Defaults v Market price uctuations A. All of them B. None of them C. i, ii and iii D. i, iv & v Answer: C

Q16. The Working and operations of NBFCs are regulated by___.
    A. SEBI B. RBI C. Finance Ministry, GOI D. IRDA Answer: B

Q17. Money lent for more than one day but less than 15 days in the money market is known as:
    A. Notice Money B. Call Money C. Term Money D. All of the above Answer: A

Q18. The headquarter of BRICS Bank “The New Development Bank (NDB)” located in ___.
    A. Beijing, China B. Shanghai, China C. New Delhi, India D. New York, US Answer: B

Q19. Which among the following organization is the regulator of Micro, Small and Medium enterprises in India?
    A. RBI B. NABARD C. SIDBI D. SEBI Answer: C

Q20. What is the full form of NDTL?
    A. New Demand and Tenure Liabilities B. Net Demand and Time Liabilities C. National Deposits and Total Liquidity D. Net Duration and Total Liquidity Answer: B

Q21. The difference in the value of all exports and imports of a particular nation over a period of time is called ____.
    A. Balance of Trade B. Current Account Deficit C. Capital Account Deficit D. Balance of Payment Answer: A

Q22. What is the name of the digital registry where credit history of individuals, wilful defaults, pending less record are kept?
    A. Public Credit Rating B. Public Credit Registry C. People Credit Rating D. Private Credit Rating Answer: B

Q23. As per the CSO classication, which of the following does not fall under the industrial sector?
    A. Construction B. Manufacturing C. Fisheries D. Mining Answer: C

Q24. Karang, a small lake island in __________, has become India’s first cashless island.
    A. Manipur B. Assam C. Odisha D. Sikkim Answer: A

Q25. What is the full form of NFS, the term used in banking sector?
    A. Net Financial Sector B. Net Fiscal Sector C. National Fiscal Switch D. National Financial Switch Answer: D

Q26. According to a report by Crisil, which of the following is the top state in terms of Gross State Domestic Product (GSDP) growth in financial year 2017-18?
    A. Maharashtra B. Bihar C. Andhra Pradesh D. Gujarat Answer: B

Q27. In CRR, C stands for __.
    A. Capital B. Currency C. Core D. Cash Answer: D

Q28. Which Mutual Funds company had surpassed ICICI Prudential MF to gain top position?
    A. Kotak Mahindra Mutual Funds B. Birla Sun Life Mutual Funds C. HDFC Mutual FundS D. IndiaBulls Mutual Funds Answer: C

Q29. 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?
    A. laboratory house B. Regulatory Sandbox C. Safeguard D. Safe space Answer: B

Q30. A 'PSP' offers shops online services for accepting electronic payments by a variety of payment methods including credit card, bank-based payments such as direct debit, bank transfer, and real-time bank transfer based on online banking. What d d P t d i “PSP”?
    A. Payment B. Prompt C. Provider D. Power Answer: C
Q1. The International Day for Preventing the Exploitation of the Environment in War and Armed Conict is observed annually on which date?
    A. 3rd November B. 4th November C. 5th November D. 5th November Answer: D

Q2. Every year on which date United Nations Day is observed to make people aware of the aims and achievements of the United Nations Organization?
    A. 21st October B. 22nd October C. 23rd October D. 24th October Answer: D

Q3. The 5th India International Science Festival (IISF) 2019 was inaugurated by the Prime Minister Narendra Modi at
    A. New Delhi B. Kolkata C. Mumbai D. Chennai Answer: B

Q4. 5th International Ramayan Festival was organized in which of the following cities?
    A. Dehradun B. Shimla C. New Delhi D. Kolkata Answer: C

Q5. Which of the following is the capital of ‘Uzbekistan’?
    A. Astana B. Ashgabat C. Dushanbe D. Tashkent Answer: D

Q6. Which of the following is the currency of the country which has capital Stockholm?
    A. Dinar B. Krona C. kwacha D. Dirham Answer: B

Q7. “Shekel” is the currency of which country?
    A. China B. South Korea C. North Korea D. Israel Answer: D

Q8. During which period, the Chaukhandi Stupa was originally built as a terraced temple?
    A. Gupta period B. Harsh’s dynasty C. Chola dynasty D. Kushan dynasty Answer: A

Q9. On which river bank Statue of Unity is built?
    A. Kosi B. Narmada C. Krishna D. Yamuna Answer: B

Q10. Fateh Sagar Lake is situated in which city?
    A. Fatehpur B. Lucknow C. Kolkata D. Udaipur Answer: D

Q11. Which among the following lakes forms the National Waterway 3 in India?
    A. Kaliveli Lake B. Kutch Salt Marsh C. Kerala Backwaters D. Kolleru Lake Answer: C

Q12. Damdama lake is located in which of the following states?
    A. Madhya Pradesh B. Rajasthan C. Haryana D. Uttar Pradesh Answer: C

Q13. Indira Sagar dam is located in which Indian State/City?
    A. Chhattisgarh B. Gujarat C. Maharashtra D. Madhya Pradesh Answer: D

Q14. Begumpet Airport is located in which of the following states?
    A. Telangana B. Andhra Pradesh C. Tamil Nadu D. Karnataka Answer: A

Q15. Which of the following ministers represents the Hajipur constituency in the state of Bihar?
    A. Maneka Sanjay Gandhi B. Ravi Shankar Prasad C. Rajnath Singh D. Ramvilas Paswan Answer: D

Q16. What is the full form of IEDS?
    A. Indian Enterprise Development Services B. International Enterprise Development Services C. Indian Economy Development Services D. Indian Enterprises Division Services Answer: A

Q17. Which country is commonly known as ‘The Land of Golden Fleece’?
    A. India B. Indonesia C. Australia D. England Answer: C

Q18. Sunder Pichai, as the CEO, is successfully running an organization named as
    A. Facebook B. Microsoft C. Google D. Paytm Answer: C

Q19. Kuchipudi, an Indian classical Dance form, belongs to which state?
    A. Manipur B. Kerala C. Karnataka D. Andhra Pradesh Answer: D

Q20. Where is Grand Canyon located?
    A. South Australia B. Antarctica C. Spain D. Arizona Answer: D

Q21. In which year, Bank of Hindustan was established?
    A. 1770 B. 1870 C. 1670 D. 1970 Answer: A

Q22. The first entirely Indian joint stock bank was the Oudh Commercial Bank, established in 1881 in _____.
    A. New Delhi B. Faizabad C. Lucknow D. Awadh Answer: B

Q23. RBI granted approval in 2016 to how many entities to set up small finance banks?
    A. 10 B. 8 C. 12 D. 15 Answer: A

Q24. In 1988, the RBI set up the Committee on Computerisation in Banks. Who was the head of this committee?
    A. Rama Gandhi B. C Rangarajan C. S S Tarapore D. W S Saraf Answer: B

Q25. In which year, a new denomination of ₹200 banknote was added to the Indian currency structure?
    A. 2016 B. 2018 C. 2017 D. 2015 Answer: c

Q26. The Indian Currency Committee was a government committee appointed by the British-run Government of India on 29 April 1898 to examine the currency situation in India. It is also known as ________.
    A. Kotlar Committee B. Fowler Committee C. Narsimhan Committee D. Adward Committee Answer: B

Q27. The Indian rupee replaced the which rupee in 1845?
    A. Danish Indian rupee B. French Indian rupee C. Portuguese Indian rupee D. English Indian rupee Answer: A

Q28. The three Presidencies established by the ___________ (Bengal, Bombay and Madras) each issued their own coinages until 1835.
    A. Danish East India Company B. British East India Company C. Portuguese East India Company D. Government of India Answer: B

Q29. What is the current Bank rate?
    A. 5.55% B. 5.65% C. 5.75% D. 5.85% Answer: B

Q30. With reference to banking sector, what is IRF stands for?
    A. Interest Rate Funding B. Interest Rate Futures C. Interest Rate Forwards D. Interest Rate Facility Answer: A
Q1. Who is the author of the novel “The Far Field” which has won 2019 JCB prize for Literature, most expensive Indian award for writing?
    A. Madhuri Vijay B. Jhumpa Lahiri C. Chitra Banerjee Divakaruni D. Kiran Desai Answer: A

Q2. Name the actor who will be honored with a special Icon of Golden Jubilee Award at the International Film Festival of India (IFFI) 2019?
    A. Amitabh Bachchan B. Kamal Hasan C. Rajnikanth D. Anupam Kher Answer: C

Q3. Name the writer who has been selected for the 27th Ezhuthachan Puraskaram, the highest literary honor of the Kerala state government?
    A. Hareesh S. B. Anand C. M. T. Vasudevan Nair D. Paul Zacharia Answer: B

Q4. Name the mountaineer who created a new speed record by climbing the world’s 14 highest peaks in 7 months?
    A. App Sherpa B. Ang Rita C. Pem Dorjee Sherpa D. Nirmal Puja Answer: D

Q5. Which of the following institutions has topped in 'Financial Times Masters in Management Rankings 2019' released on October 28th, 2019?
    A. London Business School B. The University of St. Gallen C. HEC Paris D. Massachusetts Institute of Technology Answer: B

Q6. Who among the following has won the presidential election in Botswana?
    A. Ndaba Gaolathe B. Mokgweetsi Masisi C. Duma Boko D. Biggie Butale Answer: B

Q7. Joko Widodo was sworn in as the 7th President of which country?
    A. Malaysia B. Mozambique C. Indonesia D. Thailand Answer: C

Q8. Who among the following has won the presidential election in Argentina?
    A. Cristina Kirchner B. Alberto Fernandez C. Mauricio Macri D. Nicolas del Cano Answer: B

Q9. Which of the following institutions is collaborating with Indian Space Research Organisation (ISRO) to set up a space technology cell at the campus?
    A. Indian Institute of Technology (IIT), Kharagpur B. Indian Institute of Technology (IIT), Kanpur C. Indian Institute of Technology (IIT), Delhi D. Indian Institute of Technology (IIT), Mumbai Answer: C

Q10. Which of the following cities has been declared as the most polluted city as per the data released by the Central Pollution Control Board (CPCB)?
    A. New Delhi B. Ghaziabad C. Varanasi D. Lucknow Answer: C

Q11. Presently, who is the Union Minister of State (Independent Charge) for AYUSH, who has inaugurated National Research Institute of Unani Medicine for Skin Disorders (NRIUMSD) in Hyderabad?
    A. Shri Shripad Yesso Naik B. Rao Inderjit Singh C. Prahlad Singh Patel D. Hardeep Singh Puri Answer: A

Q12. What was the theme of the National Symposium to eliminate Lymphatic Filariasis held in New Delhi on October 30th, 2019?
    A. “Unite for Eliminate Lymphatic Filariasis” B. “United to Eliminate Lymphatic Filariasis” C. “Come together to Eliminate Lymphatic Filariasis” D. “We are together to Eliminate Lymphatic Filariasis” Answer: B

Q13. Who among the following has been appointed as the Chairman of Staff Selection Commission (SSC)?
    A. Tuhin Kanta Pandey B. Pankaj Kumar C. Sanjeev Nandan Sahai D. Braj Raj Sharma Answer: D

Q14. Former India captain Sourav Ganguly took over as the BCCI's __________ president for the next nine months.
    A. 37th B. 38th C. 39th D. 40th Answer: D

Q15. A renowned personality, Dilip Parikh passed away on October 25, 2019, he was associated with which field?
    A. Cinema B. Politics C. Journalism D. Music Answer: B

Q16. What is the name of the first-ever joint military exercise of India-Uzbekistan that begun on November 04, 2019 and will continue till November 13, 2019, at Chirchiq Training Area near Tashkent?
    A. Yudh Abhyas B. Dustlik C. Hand in Hand D. Dharma Guardian Answer: B

Q17. Name the driver who won the US Grand Prix Formula one 2019 title?
    A. Lewis Hamilton B. Max Verstappen C. Valtteri Bottas D. Charles Leclerc Answer: C

Q18. Which country won the Rugby World Cup 2019?
    A. England B. South Africa C. Australia D. Japan Answer: B

Q19. Name the Indian shuttler who won the SaarLorLux Open badminton tournament at Saarbrücken in Germany?
    A. Satwiksairaj Rankireddy B. Chirag Shetty C. Lakshya Sen D. Sourabh Verma Answer: C

Q20. Which of the following states become the first state in the country to enact a law on contract farming?
    A. Andhra Pradesh B. Tamil Nadu C. Telangana D. Karnataka Answer: B

Q21.What is the minimum and maximum limit (in rupees) prescribed for RTGS transactions?
    A. The minimum prescribed limit is Rs. 1 lac. and maximum Rs. 10 lacs. B. The minimum prescribed limit is Rs. 25000 and maximum Rs. 1 lac C. The minimum prescribed limit is Rs. 2 lacs and there is no maximum limit D. The minimum limit is Rs. 25000 and there is no maximum limit prescribed Answer: C

Q22. The Banking Ombudsman-
    A. is in charge of bank loans for buses B. fixes the rates of interest for loans C. resolves complaints of customers D. issues licences for new bank branches Answer: C

Q23.The Forward Markets commission is responsible for regulation of which type of trading in india?
    A. Commodities futures Trading B. Currency futures Trading C. Equity futures Trading D. Derivative futures Trading Answer: A

Q24. Money laundering means-
    A. Hiding of income source mainly to avoid income Tax B. Money acquired through criminal source. C. Money acquired from undisclosed sources and deposited in foreign banks D. Process of conversion of money obtained illegally to appear to have originated from legitimate sources Answer: D

Q25. Bank branches which can undertake foreign exchange business directly are Known as ………..
    A. Authorized dealers B. Foreign dealers C. Overseas branches D. Exchange branches Answer: D

Q26. Which of the following represents the correct meaning of ‘REPO RATE’?
    A. Rate on which RBI sells Government Securities to Banks B. The rate for borrowing rupees by banks from RBI C. Rate offered by banks to their prime customers D. The rate applicable for grant of priority sector loans Answer: B

Q27. When a banker talks about CDR , what is he talking about?
    A. Corporate Debt Restructuring B. Corporate Debt Rollover C. Company Debt Rollover D. Corporate Deposit Restructuring Answer: A

Q28. Savings bank accounts are opened by-
    A. Trading entities, manufacturing entities and individuals for savings purposes B. Traders and manufactures for business purposes C. Individuals for savings purposes D. Limited companies and partnerships for savings purposes Answer: C

Q29. Cash Reserve Ratio (CRR) and Statutory Liquidity Ratio (SLR) are terms most closely related to which of the following industries/markets?
    A. Capital market B. Banking industry C. Commodities market D. Money Market Answer: B

Q30. What is maximum period for which domestic term deposits are normally accepted by banks in our country?
    A. 3 years B. 5 years C. 7 years D. 10 years Answer: D
Q1. 'BCSBI' is an autonomous body for promoting adherence to self-imposed codes by banks for committed customer service. What does BCSBI stand for?
    A. A Banking Codes of State Bank of India B. Banking Codes and Standards Board of India C. Board Council for State Bank of India D. Banking Codes Schemes for Banks of India Answer: B

Q2. What does ‘A’ stand for in ‘NACH’?
    A. Application B. Arbitrage C. Automated D. Adjustment Answer: C

Q3. What does the term 'ELSS' stand for?
    A. Entry Load Shares Scheme B. Entry Load Starting Shares C. Equity Linked Savings Scheme D. Equity Linked Shares Sold Answer: C

Q4. Who among the following has been appointed as the new Managing Director & Chief Executive Officer of IndusInd Bank?
    A. Paul Abraham B. K. S. Sridhar. C. Suhail Chander D. Sumant Kathpalia Answer: D

Q5. Which of the following banks has tied up with Common Service Centre (CSC) e-Governance Services India Limited to expand its reach to villages and remote towns as banking correspondents?
    A. HDFC Bank B. State Bank of India C. Axis Bank D. ICICI Bank Answer: D

Q6. On October 14, 2019, in collaboration with the Economic and Social Commission for Asia and the Pacic’s (ESCAP), which organization released the Asia-Pacic Trade and Investment Report (APITR) 2019?
    A. Organization for Economic Co-operation and Development (OECD) B. United Nation Conference on Trade and Development (UNCTAD) C. International Monetary Fund (IMF) D. World Economic Forum (WEF) Answer: B

Q7. Who is the brand ambassador of payment technology major Mastercard which has launched campaign- ‘Team Cashless India’ to bring more merchants and customers on board with an aim to boost digital payments in India?
    A. Sachin Tendulkar B. Virat Kohli C. Mahendra Singh Dhoni D. Rohit Sharma Answer: C

Q8. The International Monetary Fund (IMF) in its World Economic Outlook reduced the GDP growth rate of India for the financial year 2019-20 to ________ from 7.3% as announced on July 2019.
    A. 6.5% B. 6.3% C. 6.1% D. 6.0% Answer: C

Q9. On October 12, 2019, the Asian Development Bank (ADB) and the Government of India (GoI) have signed a loan agreement worth $190 million to upgrade 754 kilometers of roads and highways in which state?
    A. Maharashtra B. Rajasthan C. Madhya Pradesh D. Odisha Answer: B

Q10. With which of the following organizations the Government of India (GoI) has signed the Tranche 2 loan agreement worth $190 million to upgrade 754 kilometers of Rajasthan state highways and major district roads (MDRs)?
    A. World Bank B. Asian Infrastructure Investment Bank C. International Monetary Fund D. Asian Development Bank Answer: D

Q11. The World Bank in its latest report “South Asia Economic Focus, Fall 2019 : Making (De)centralization Work”, has lowered India’s growth forecast to ______ for FY 2019-20
    A. 5.50% B. 5.75% C. 6.00% D. 6.25% Answer: C

Q12. On October 11, 2019, the Reserve Bank of India (RBI) came up with a new reporting system called Central Information System for Banking Infrastructure (CISBI) for__________.
    A. all commercial banks B. all regional rural banks C. all cooperative banks D. all NBFCs Answer: C

Q13. What is India’s rank in the Brand Finance Nation Brands 2019 released by Brand Finance?
    A. 6th B. 7th C. 8th D. 9th Answer: B

Q14. Name the Prepaid Payment Instrument (PPI) issuer on which the Reserve Bank of India (RBI) has imposed a monetary penalty of Rs 12.88 lakh for non-compliance with regulatory guidelines?
    A. Smart Payment Solutions Pvt. Ltd. B. Citrus Payment Solutions Pvt Ltd. C. Vodafone M-Pesa Limited D. Balancehero India Private Limited Answer: D

Q15. On October 11, 2019, which of the following public sector banks has signed a memorandum of understanding (MoU) with Government e-Marketplace (GeM) to provide cashless, paperless and transparent payment system to small traders?
    A. Union Bank of India B. State Bank of India C. Bank of Baroda D. Canara Bank Answer: A

Q16. Which of the following banks signed a Memorandum of Understanding (MoU) with the National Investment and Infrastructure Fund (NIIF) to provide a boost to infrastructure nancing?
    A. Punjab National Bank B. Bank of India C. State Bank of India D. Bank of Baroda Answer: C

Q17. Which of the following states has received the approval from Reserve Bank of India for setting up its own Bank, by amalgamating 13 district co-operative banks (DCBs) with its State Co-operative Bank?
    A. Maharashtra B. Rajasthan C. Utter Pradesh D. Kerala Answer: D

Q18. Which of the following banks has announced the launch of ‘Express FD’, a digital fixed deposit (FD) product that allows the customer to open an FD account in three minutes through the digital mode without opening a savings account with the bank?
    A. ICICI Bank B. HDFC Bank C. Axis Bank D. Yes Bank Answer: C

Q19. PNB MetLife India Insurance Co. Ltd. has signed an agreement with which of the following insurance companies to offer a product that would cover health, death and illness?
    A. HDFC ERGO General Insurance Company B. Religare Health Insurance C. Apollo Munich Health Insurance Company Limited D. Bajaj Allianz General Insurance Co Ltd. Answer: B

Q20. Banks dealing in insurance product have to take prior approval of ________________.
    A. RBI B. IBA C. IRDAI D. Both A and C Answer: C

Q21. The flow of money in the form of income and expenditure over different sectors are known as ______
    A. Money flow B. Real flow C. Nominal flow D. Circular flow Answer: A

Q22. Factor services supplied by households are known as _____
    A. Circular flow B. Money flow C. Real flow D. Nominal flow Answer: C

Q23. Goods and services supplied by firms are known as _____
    A. Real flow B. Money flow C. Nominal flow D. Circular flow Answer: A

Q24. Factor payment by firms are known as which of the following?
    A. Real flow B. Circular flow C. Nominal flow D. Money flow Answer: D

Q25. Expenditure by households are known as which of the following?
    A. Money flow B. Real flow C. Nominal flow D. Circular flow Answer: A

Q26. Factor income of household sector is equal to ______
    A. Factor payments by firms B. Factor income of firms C. Expenditure of households D. Income of households Answer: A

Q27. Saving is the function of _____
    A. Expenditure B. Income C. Investment D. Revenue Answer: B

Q28. What do you understand by Trade deficit?
    A. Export and Import B. Export + Import C. Export exceed import D. Import exceed exports Answer: D

Q29. What do you understand by Net factor income from abroad?
    A. Export + import B. Export – Import C. Import = Export D. All of these Answer: B

Q30. “ Rest of the world” is the major element in which model?
    A. Two sector model B. Three sector model C. Four sector model D. All the above Answer: C
Q1. The first Brahmo Samaj was founded in 1861 at Lahore by
    A. Debendranath Tagore B. Dwarkanath Tagore C. Pandit Nobin Chandra Roy D. Dayananda Saraswati Answer: C

Q2. Which of the following is the busiest navigable river of the world?
    A. Seine B. Rhine C. Volga D. Danube Answer: B

Q3. ‘Paper Boat’ company is famous for which product?
    A. Bio-Chemicals B. Cereals C. Automobile D. Beverages Answer: D

Q4. Where Asiatic lions are found?
    A. India B. Kenya C. Japan D. South Africa Answer: A

Q5. What is the full form of NPCI?
    A. Nature of Payments Corporation of India B. National Power Corporation of India C. National Payments Corporation of India D. National Potential Corporation of India Answer: C

Q6. What is the full form of DVD?
    A. Demand Video Disc B. Digital Volatile Disc C. Digitally Viable Disc D. Digital Versatile Disc Answer: D

Q7. Which country is commonly known as ‘The Land of Golden Fleece’?
    A. India B. Indonesia C. Australia D. England Answer: C

Q8. DTP computer abbreviation usually means
    A. Digital Transmission Protocol B. Data Type Programming C. Desktop Publishing D. Document Type Processing Answer: C

Q9. How many bits is a byte?
    A. 4 B. 32 C. 8 D. 16 Answer: C

Q10. In Indian Flag, What does the tri-color of India stands for
    A. Love, Tolerance & Dignity B. Sacrifies, Truth & fertility C. Peace, Prosperity & Potential D. Liberty, Equality & Fraternity Answer: B

Q11. Largest Apple producing State in India is
    A. Himachal Pradesh B. Uttarakhand C. Jammu & Kashmir D. Karnataka Answer: C

Q12. Unied Payments Interface (UPI) has built on the platforms.
    A. Initial Payment Service B. Immediate Paid Scheme C. Income Payment Service D. Immediate Payment Service Answer: D

Q13. Kudankulam nuclear power plant is located in which state?
    A. Andhra Pradesh B. Telangana C. Kerala D. Tamil Nadu Answer: D

Q14. Who is the Chairman of the Association of Tennis Professionals (ATP)?
    A. Justin Gimelstob B. Alex Inglot C. Chris Kermode D. Gavin Forbes Answer: C

Q15. Maharaj Maharaj Bir Bikram Airport is located in which city?
    A. Guwahati B. Dispur C. Imphal D. Agartala Answer: D

Q16. Gorumara National Park is located in which state?
    A. Sikkim B. Assam C. West Bengal D. Jharkhand Answer: C

Q17. 'Vijay Ghat' is a memorial dedicated to ___.
    A. Lal Bahadur Shastri B. Rajiv Gandhi C. Choudhary Charan Singh D. PT. Jawaharlal Nehru Answer: A

Q18. Pangon lake is situated in which state/UTs?
    A. Sikkim B. Uttarakhand C. Arunachal Pradesh D. Ladakh Answer: D

Q19. Tungnath Temple is situated in which of the following cities of India?
    A. Chamoli B. Mandi C. Chamba D. Madurai Answer: A

Q20. India’s first dinosaur museum and Fossil Park opened in which state?
    A. Madhya Pradesh B. Kerala C. Gujarat D. Tamil Nadu Answer: C

Q21. Which of the following is a reserve ratio of Reserve Bank of India?
    A. Bank Rate B. CRR C. Repo Rate D. Reverse Repo Rate Answer: B

Q22. In which of the following city, the headquarters of Indian Bank is located?
    A. Chennai B. New Delhi C. Ahmedabad D. Mumbai Answer: A

Q23. Which of the following pair is wrong regarding banks and their headquarters?
    A. Bank of Maharashtra - Mumbai B. Canara Bank - Bangalore C. Central Bank of India - Mumbai D. Corporation Bank - Mangalore Answer: A

Q24. IndusInd Bank Limited is a Mumbai based Indian new generation bank, established in _____.
    A. 1992 B. 1993 C. 1994 D. 1995 Answer: C

Q25. Chandra Shekhar Ghosh is the founder of which of the following bank?
    A. Yes Bank B. HDFC Bank C. Bandhan Bank D. IndusInd Bank Answer: C

Q26. In which year, the Reserve Bank of India granted the universal banking licence to Bandhan Bank?
    A. 2001 B. 2010 C. 2015 D. 2016 Answer: C

Q27. Which of the following bank was founded in December 1993, as UTI Bank?
    A. Yes Bank B. HDFC Bank C. Bandhan Bank D. Axis Bank Answer: D

Q28. Which of the following is not a type of cheque?
    A. Blank Cheque B. Counter cheque C. Stale Cheque D. Multilated Cheque Answer: D

Q29. All of the following were subsidiaries of the State Bank of India, except:
    A. State Bank of Bikaner and Jaipur B. State Bank of Agra C. State Bank of Hyderabad D. State Bank of Patiala Answer: B

Q30. Export–Import Bank was set-up in :
    A. 1980 B. 1982 C. 1985 D. 1986 Answer: B
Q1. Credit creation is the major function of which of the following banks?
    A. Commercial Banks B. Central Bank C. Investment Bank D. Exim Bank Answer: A

Q2. The major contributor to Indian GDP is which of the following sectors?
    A. Agricultural sector B. Industrial sector C. Service sector D. All the above Answer: C

Q3. Which of the following is the Central Bank of India?
    A. SBI B. Bank of India C. RBI D. Federal Reserve Answer: C

Q4. Which of the following is the Central Bank of America?
    A. The American Bank B. Federal Reserve C. Bank of USA D. Bank of New York Answer: B

Q5. Moral suasion is the function of which of the following banks?
    A. SBI B. RBI C. Commercial Banks D. Foreign Banks Answer: B

Q6. What is the slogan of Bank of Baroda?
    A. The Bank You can trust upon B. India's International Bank C. India's Multinational Bank D. India’s Trustworthy Bank Answer: B

Q7. INDIA become the member of FATF in which year?
    A. 2009 B. 2010 C. 2014 D. 2008 Answer: B

Q8. "Microcredit" refers to:
    A. Installments given by farmers against loans B. Small credit given to poor C. Credit given by government to improve industrialization D. Loan given to Big shopkeepers Answer: B

Q9. Which year was declared as the 'International Year of Microcredit' by United Nations?
    A. 2005 B. 2004 C. 2011 D. 2001 Answer: A

Q10. Financial Inclusion is:
    A. Delivery of banking services at an affordable cost to weaker sections B. Delivery of financial services at an affordable cost to weaker sections C. Social responsibility of banking and government system D. All of Above Answer: D

Q11. What is the period of tenth Five-Year Plan?
    A. 2000-05 B. 2001-06 C. 2002-07 D. 2004-2009 Answer: C

Q12. Indian corporates can now invest in joint ventures and subsidiaries abroad to the extent of ______% of their net worth.
    A. 200 B. 150 C. 100 D. 75 Answer: A

Q13. Minimum period of a Certificate of Deposit is:
    A. 15 days B. 30 days C. 10 days D. 7 days Answer: D

Q14. To accelerate growth of services exports from India and to create a unique brand, a new scheme called ‘_____’ has been introduced in the New Foreign Trade Policy.
    A. India Service B. India Calling C. Incredible India D. Served from India Answer:

Q15. The New Foreign Trade Policy envisages India’s share in merchandise trade to ________ within the period 2004-09.
    A. double B. triple C. rise by 50% D. rise by 80% Answer: A

Q16. Hybrid capital instruments (debt / equity) form part of ______ capital.
    A. Tier II B. Tier I C. Paid up D. Preference share Answer: B

Q17. A customer has been defined in :
    A. Banking Regulation Act B. Negotiable Instruments Act C. Anti-Money Laundering Act D. KYC guidelines Answer: D

Q18. A Medium Enterprise is defined as one in which investment in plant and machinery is over the SSI limit, but less than Rs. _____.
    A. 5 cr. B. 10 cr. C. 25 cr. D. 50 cr Answer: B

Q19. The BSE Sensex consists of a basket of ___ stocks.
    A. 50 B. 100 C. 30 D. 66 Answer: C

Q20. The Government of India has recently announced a scheme for providing short term loans to farmers at concessional rate of ____% p.a. up to an amount of Rs.___ lac.
    A. 7, 1 B. 7, 3 C. 5, 1 D. 5, 3 Answer: B

Q21. We should keep our savings with banks because …………
    A. It is safe B. Earns interest C. Can be withdrawn anytime D. All of above Answer: D

Q22. Bank does not give loan against ………..
    A. Gold Ornaments B. LIC policy C. Lottery ticket D. NSC Answer: C

Q23. Which Bank having maximum number of branches in India?
    A. Reserve Bank of India B. State Bank of India C. Punjab National Bank D. Bank of Baroda Answer: B

Q24. 100/- Rupee note is signed by ……………
    A. Prime Minister B. Finance Minister C. RBI Governor D. All of the above Answer: C

Q25. ATM password should be kept in ………………
    A. Personal diary B. Office diary C. Memory D. All of above Answer: C

Q26. ATM password to be shared only with ………………
    A. Spouse B. Obedient son C. Obedient daughter D. All of the above Answer: D

Q27. Minimum age required to open SB account in the bank is:
    A. 8 years B. 10 years C. 12 years D. 15 years Answer: B

Q28. Bank does not provide loans for
    A. Crop loans B. Education loans C. Home loans D. Drinking & Gambling Answer: D

Q29. KYC means
    A. Know your customer B. Know your character C. Both of above D. Know you client Answer: A

Q30. Loans from money lenders are …
    A. With High rate of interest B. No proper accounting C. No transparency D. All of above Answer: D
Q1. The Golden Jubilee Edition of International Film Festival of India (IFFI) will be held in____.
    A. Pune B. Ranchi C. Panaji D. Kolkata Answer: C

Q2. Unied Payments Interface (UPI) has built on the __________________ platforms.
    A. Initial Payment Service B. Immediate Paid Scheme C. Income Payment Service D. Immediate Payment Service Answer: C

Q3. What is the tenure of Vice President of India?
    A. 7 years B. 4 years C. 6 years D. 5 years Answer: D

Q4. Kuchipudi, an Indian classical Dance form, belongs to which state?
    A. Manipur B. Kerala C. Karnataka D. Andhra Pradesh Answer: D

Q5. Dr. Salim Ali Bird Sanctuary is located in which state of India?
    A. Manipur B. Tripura C. Odisha D. Goa Answer: D

Q6. The headquarters of the World Economic Forum (WEF) is located in _____________.
    A. Washington D.C. B. New York C. Geneva D. Vienna Answer: C

Q7. The Khangchendzonga National Park is located in which of the following state of India?
    A. Uttarakhand B. Assam C. Uttar Pradesh D. Sikkim Answer: D

Q8. Begumpet Airport is located in which of the following states?
    A Telangana B Andhra Pradesh C Tamil Nadu D Karnataka Answer: A

Q9. Cuttack city is located on which of the following river?
    A. Damodar B. Ganga C. Mahanadi D. Brahmani Answer: C

Q10. Which is the capital of Vietnam?
    A. Manama B. Dhaka C. Thimphu D. Hanoi Answer: D

Q11. Gandhi Film Festival is being organized by Films Division in association with India Tourism in which place from 2nd to 6th October 2019?
    A. Mumbai B. New Delhi C. Chandigarh D. Bengaluru Answer: A

Q12. The capital of Kenya is___.
    A. Belgrade B. Cape town C. Vienna D. Nairobi Answer: D

Q13. Birr is the currency of which of the following countries?
    A. Latvia B. Eretria C. Haiti D. Ethiopia Answer: D

Q14. On which of the following dates International Day of Older Persons is observed every year?
    A. 28th September B. 29th September C. 30th September D. 1st October Answer: D

Q15. Hussain Sagar is a necklace shaped lake located in ____.
    A. Hyderabad B. Bhopal C. Chennai D. Bengaluru Answer: A

Q16. Which of the following city has the airport named after the former prime minister of India?
    A. Manipur B. Coimbatore C. Jaipur D. Lucknow Answer: D

Q17. The great Victoria Desert is located in_____.
    A. Canada B. West Africa C. Australia D. North America Answer: C

Q18. Mount Etna, one of the world's most active volcanoes, is located in which country?
    A. Italy B. France C. Dubai D. Egypt Answer: A

Q19. The Pakke Tiger Reserve is located in which of the following states of India?
    A. Bihar B. Andhra Pradesh C. Arunachal Pradesh D. Madhya Pradesh Answer: C

Q20. The Nanda Devi National Park is located in which of the following states of India?
    A. Himachal Pradesh B. Uttarakhand C. Assam D. Odisha Answer: B

Q21. Bank Rate means the rate of interest which is …………
    A. Charged by commercial banks from borrowers B. At which commercial banks discounted bills of their borrowers C. Allowed by commercial banks on their deposits D. At which RBI purchases or rediscounts bills of exchange of commercial banks Answer: D

Q22. Agricultural Term Loan is repaid out of ………
    A. cash accrual B. sale proceeds of crop C. net incremental income D. annual savings of the farmer Answer: C

Q23. Which of the following is/are true about the “sub-Prime crisis"?
    1. It is a Mortgage Crisis referring to credit default by the borrowers. 2. Sub-Prime Borrowers were those borrowers who were rated low and were high-risk borrowers. 3. This crisis originated from negligence in the credit rating of the borrowers A. Only 1 B. Only 2 C. Only 3 D. All of these Answer: D

Q24. What is Future Trading?
    1. It is nothing but a trade between any two stock exchanges wherein it is decided to purchase the stocks of each other at a fixed price throughout the year. 2. It is an agreement between two parties to buy and sell an underlying asset in the future at a predetermined price. 3. It is an agreement between stock exchange that they will not trade the stocks of each other under any circumstances in the future or for a given period of time. A. Only 1 B. Only 2 C. Only 3 D. All of these Answer: B

Q25. One of the major emphasis of Basel II is that banks should have ………..
    A. Adequate Capital adequacy Ratio B. Only a few branches in urban centers C. More and more branches in rural areas D. Core banking mode of operations Answer: A

Q26. The Bank of Calcutta, Bank of Bombay and Bank of Madras were merged in 1921 to form which of the following banks?
    A. Reserve Bank of India B. Imperial Bank of India C. Bank of India D. Union Bank of Answer: B

Q27. Which of the following is the period of twelfth 'Five-year plan' of India?
    A. 2009- 2014 B. 2008- 2013 C. 2007 - 2012 D. 2012 - 2017 Answer: D

Q28. Interest rate risk is which type of risk?
    A. Credit risk B. Market risk C. Operational risk D. All of the above' Answer: B

Q29. Which bank was earlier called the 'Imperial Bank of India’?
    A. RBI B. SBI C. UBI D. PNB Answer: B

Q30. The Monetary Policy of India is announced by whom?
    A. Prime Minister B. Governor of the RBI C. Union Finance Minister D. Union Commerce Minister Answer: B
Q1. Financial Literacy Week 2019 has been observed from 03rd to 07th June on the theme of ________________ and how they benefit by being a part of the formal banking system.
    A. Farmers B. Students C. Leaders D. Education Answer: A

Q2. The RBI has slapped a penalty of Rs _____________ on Kotak Mahindra Bank for the non-state lender’s failure to adhere to the regulator’s diktat on promoter shareholding.
    A. Rs. 15 crores B. Rs. 2 crores C. Rs. 10 crores D. Rs. 5 crores Answer: B

Q3. Based on the recommendations of the Committee on Currency Movement (CCM), the Reserve Bank has directed banks to ensure their ATMs are grouted to a wall, pillar, or floor by September-end. The committee to review the entire gamut of security of treasure in transit is chaired by-?
    A. R Gandhi B. Usha Thorat C. DK Mohanty D. Nachiket Mor Answer: C

Q4. The Jammu and Kashmir Bank will now come under the purview of the Right to Information Act and Central Vigilance Commission (CVC) guidelines. Who is present Interim Chairman and Managing Director of Jammu and Kashmir Bank?
    A. Sanjiv Agarwal B. Anil Kumar Misra C. Dhaman Kumar Pandoh D. RK Chhibber Answer: D

Q5. Reserve Bank fined country’s largest private sector lender HDFC Bank Rs _____________ for not reporting frauds and non-compliance with other directions.
    A. Rs. 100 crores B. Rs. 6 crores C. Rs. 15 crores D. Rs. 1 crore Answer: D

Q6. Jammu and Kashmir Bank is a J&K-based private sector banking and financial services company. In which year J&K Bank was incorporated?
    A. 1949 B. 1956 C. 1921 D. 1938 Answer: D

Q7. HDFC Bank Limited is an Indian banking and financial services company headquartered in-?
    A. Nagpur B. Pune C. Chennai D. Mumbai Answer: D

Q8. _________________ customers can deposit cash of up to Rs 50,000 for free only thrice a month from 01st July 2019.
    A. Indian Bank B. State Bank of India C. Canara Bank D. Punjab National Bank Answer: C

Q9. CCI has approved the merger of the Indiabulls Housing Finance and Lakshmi Vilas Bank recently. What is the full form of CCI?
    A. Competition Commission of International B. Competition Commission of India C. Competition Corporation of India D. Central Commission of India Answer: B

Q10. Reserve Bank of India’s (RBI) Deputy Governor _____________________ has quit six months before the scheduled end of his term in June 2019.
    A. Viral Acharya B. NS Vishwanathan C. Bimal Jalan D. SS Mundra Answer: A

Q11. The Reserve Bank of India has advised all Scheduled Commercial Banks to adopt Education Loan Scheme, formulated by Indian Banks Association. In this scheme, loan upto Rs ____________ lakh for study in India and upto Rs _____________ lakh for study abroad.
    A. Rs 40 lakh, Rs 60 lakh B. Rs 20 lakh, Rs 40 lakh C. Rs 50 lakh, Rs 70 lakh D. Rs 10 lakh, Rs 20 lakh Answer: D

Q12. The Complaint Management System (CMS) is a software application launched by _________________ on its website.
    A. RBI B. IRDAI C. SBI D. TRAI Answer: A

Q13. The Reserve Bank relaxed the leverage ratio (LR) to _____________ for Domestic Systemically Important Banks (DSIBs) and 3.5% for other banks.
    A. 4.75% B. 5.50% C. 4.50% D. 5.00% Answer: D

Q14. The RBI is planning to introduce a dedicated IVR system to track the status of complaints. What is the full form of IVR?
    A. International Voice Response B. Interactive Vehicles Response C. Interactive Voice Response D. Indian Voice Response Answer: C

Q15. The Reserve Bank of India has advised all Scheduled Commercial Banks to adopt Education Loan Scheme, formulated by Indian Banks Association. In this scheme, the Collateral free loans upto Rs _______________ under the Credit Guarantee Fund Scheme for Education Loans (CGFSEL).
    A. Rs 10 Lakh B. Rs 7.5 Lakh C. Rs 15 Lakh D. Rs 20 Lakh Answer: B

Q16. Which of the following statement is true?
    A. The major difference between the loans and advances granted by banks is, loans may be given for a period more than a year but advances are given for less than a year (for a short time period). B. Loans are given interest-free but advances are given in which interest is charged only on the amount withdrawn. C. Loans and advances are one and the same thing. D. Loans are given in lump sun and advances are given in installments only for more than a year. Answer: A

Q17. Which of the following are considered a method of Tax Avoidance?
    A. Tax Havens B. Transfer Pricing C. Money Laundering D. Both 1 & 3 Answer: B

Q18. Which of the following is the correct statement?
    A. RBI was established on April 1, 1935, in accordance with the provisions of the RBI Act, 1934. B. Cooperative Banks work in accordance with the provisions of Consumer Protection Act. 1986 and Cooperative Societies Act. C. State Bank of India is regulated by the Banking Regulation Act 1929. D. RBI and all other commercial banks in India are governed by Banking Regulation Act 1939. Answer: A

Q19. A Saving Bank Deposit Account is one?
    A. Where checkable deposits and other accounts that can be directly used as cash with withdrawal limits or restrictions. B. Which are not meant for the purpose of earning interests and are used for providing quick and frequent access to feeds through variety of channels? C. Amount are deposited & are withdrawn as per requirement of the customers. D. The deposits in these accounts can be made only once in a year. Answer: C

Q20. Which of the following is not a form of electronic Banking (E-Banking) ?
    A. Phone Banking B. Debit Card C. Cheques and Drafts D. Net Banking Answer: C

Q21. Banks provide overdraft facilities to specific customers holding what type of account in the bank in India only ?
    A. Saving Account B. Transactional Account C. Tax-exempt Savings Account D. Current Account Answer: D

Q22. A scheduled bank must have a paid up capital and reserves of an aggregate value of not less than Rs.-
    A. 5 Lakh B. 10 Lakh C. 1 crore D. 5 crore Answer: A

Q23. What can be termed as a positive feature of Credit Cards in India ?
    A. Insurance on goods purchased B. Waiver of payment in case of accidental death C. Host baggage insurance D. All of the above Answer: D

Q24. Which of the following do not form a component of India’s new Economic Diplomacy?
    A. Trade Promotion B. Investment C. Development Partnership D. Multilateral Economic Diplomacy Answer: D

Q25. Which of the following sectors is looking in for schemes and is licenses planning to avail banking services/ in the near future?
    A. Telecom Services B. Share Market C. Indian Post Services D. Cooperative Societies Answer: C

Q26. Central Banks across the world have adopted the Special Data Dissemination Standards. India’s RBI is one of them. What kind of data is to be published under the Special Data Dissemination Standards?
    A. Liabilities and Assets Data B. Quarterly Banking Data C. Foreign Exchange Research Data D. Payment and Settlement Systems Data Answer: C

Q27. Which of the following statement is not true in the context of the term ‘Dear Money’ also known as ‘Tight Money’?
    A. It refers to a situation in which money or loans are very difficult to obtain in a given country. B. Dear money situation can be a result of a restricted money supply, causing interest rates to be pushed up due to the forces of supply and demand. C. Dear money is the money equivalent to fiat money whose value is not derived from only intrinsic value or guarantee. D. Dear money policy is a deliberate policy that is adopted by the monetary authorities to check inflation in the economy. Answer: C

Q28. LERMS means?
    A. Liberalized Exchange Rate Management System B. Local Error Report of Management & System C. Lower Extremely Review Machines D. Lowest Extreme Report Mechanism Answer: A

Q29. ‘Department of External Investments and operations’ falls within the ambit of which of the following?
    A. Reserve Bank of India B. Ministry of External Affairs C. Ministry of Commerce & Industry D. Ministry of Finance Answer: A

Q30. How often the RBI releases Reserve Bank of India’s Reference Rate for the US dollar?
    A. Daily B. Weekly C. Biweekly D. Monthly Answer: A
Q1. Every year on which date United Nations Day is observed to make people aware of the aims and achievements of the United Nations Organization?
    A. 21st October B. 22nd October C. 23rd October D. 24th October Answer: D

Q2. The World Iodine Deficiency Day is observed annually on which date?
    A. 19th October B. 20th October C. 21st October D. 22nd October Answer: C

Q3. National Hindi Diwas is observed on 14 September every year to mark the importance of Hindi language in the country as on that day in 1949, the constituent assembly adopted Hindi as the official language of the Union. On which date the World Hindi Day is celebrated?
    A. 10th January B. 10th April C. 10th August D. 10th September Answer: A

Q4. What was the theme of the recently (August, 19) concluded ‘7 Community Radio Sammelan’, held in New Delhi?
    A. ‘Community Radio for SHGs’. B. ‘Community Radio for SDGs’. C. ‘Community Radio for Social Welfare’. D. ‘Community Radio for social communication’ Answer: B

Q5. The Pineapple festival was celebrated in ______.
    A. Tripura B. Manipur C. Kerala D. Meghalaya Answer: B

Q6. The traditional Bonderam festival celebrated in which state______.
    A. Bihar B. Jharkhand C. Goa D. Assam Answer: C

Q7. Where is Lomas rishi caves situated?
    A. Barabar and Nagarjuni hills B. Garo hills C. Aravalli range D. Baba budan hills Answer: A

Q8. ‘Golden Revolution’ is related to ____.
    A. Precious minerals B. Pulses C. Jute D. Horticulture Answer: D

Q9. With which of the following states of India is the Giddha dance associated?
    A. Uttar Pradesh B. Rajasthan C. Madhya Pradesh D. Punjab Answer: D

Q10. In which of the following states is Nachari a popular dance form?
    A. Jharkhand B. Uttar Pradesh C. West Bengal D. Bihar Answer: D

Q11. What is the capital of Mozambique?
    A. Baku B. Maputo C. Helsinki D. Manama Answer: B

Q12. What is the capital of Belgium?
    A. Brussels B. Cape town C. Bridgetown D. Roseau Answer: A

Q13. Maharaj Maharaj Bir Bikram Airport is located in which city?
    A. Guwahati B. Dispur C. Imphal D. Agartala Answer: D

Q14. Which river is known as the Sorrow of Bihar?
    A. Gandak B. Maiti C. Son D. Kosi Answer: D

Q15. Kamakhya Temple situated in which hill of Guwahati city in Assam?
    A. Nilachal Hill B. Khasi hills C. Jaintia hills D. Garo hills Answer: A

Q16. On which river bank Statue of Unity is built?
    A. Kosi B. Narmada C. Krishna D. Yamuna Answer: B

Q17. Chabra Super Critical Thermal Power Station is located in which state of India?
    A. Punjab B. Rajasthan C. Uttar Pradesh D. West Bengal Answer: B

Q18. ‘Paper Boat’ company is famous for which product?
    A. Bio-Chemicals B. Cereals C. Automobile D. Beverages Answer: D

Q19. What is the full form of NTPC?
    A. Natural Thermal Power Corporation B. Natural Thunder Power Corporation C. National Team Power Corporation D. National Thermal Power Corporation Answer: D

Q20. Where is Lonar Crater Lake situated?
    A. Maharashtra B. Uttar Pradesh C. Jammu & Kashmir D. Madhya Pradesh Answer: A

Q21. CIN Stands For ………
    A. Call Investment Number B. Call Identification Number C. Credit Identification Number D. Challan Identification Number Answer:

Q22. Animesh Chauhan is the MD and CEO of ……
    A. Syndicate Bank B. Oriental Bank of Commerce C. Karnataka Bank D. Allahbad Bank Answer: D

Q23. The Governmnet to introduce plastic notes in the denomination of RS,
    A. 10/- B. 100/- C. 20/- D. 5/- Answer: B

Q24. Which commission has approved a wage hike among with a hike in Market Development Assistance?
    A. Micro and Macro Industries Commission B. Cotton and Wool Industries Commission C. Small and Cottage Industries Commission D. Khadi and Village Industries Commission Answer: A

Q25. Which state assembly passed the Amusement and Betting Tax (Amendment) Bill, 2016 to give a fillip to the local film industry?
    A. Panjap B. Assam C. Bihar D. Gujart Answer: D

Q26. Expand RIDF?
    A. Register Infrastructure Development Fund B. Regional Infrastructure Development C. Reserve Infrastructure Development Fund D. Rural Infrastructure Development Fund Answer: B

Q27. The government has selected four investment banks namely Nomura, SBI Caps, ICICI Securities and Securities and IDBI Capital for the proposed share sale in
    A. SIDCO B. HDFC C. SIDBI D. HUDCO Answer: D

Q28. The minimum Net Owned Funds ( NOF) reauired for consideration as FFMC for Multiple branch is ……
    A. Rs.12 lakh B. Rs. 15 laks C. Rs. 50 laks D. None of these Answer: C

Q29. “Relationships beyond Banking” is the tagline of ……
    A. Bank of Baroda B. Bank of Maharashtra C. Union Bank of India D. Bank of India Answer: D

Q30. Karnataka Bank was established on……
    A. May 23, 1924 B. June 23, 1920 C. May 23, 1965 D. July 25, 1921 Answer: A