Banking Awareness September 2019 Quiz

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Banking Awareness September 2019 Quiz

Introduction

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

Quiz

Banking Awareness September 2019 Quiz - 30th

Q1. The International Day of Peace is being observed all around the world every year on 21st September. What was the theme of the International Day of Peace 2019?

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Q2. Which of the following Indian States has signed a memorandum of understanding (MoU) with the Maldives to strengthen cancer care in the island nation?

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Q3. Which eminent mathematician has been awarded the ‘Education Excellence Award 2019’ in the US?

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Q4. UN Climate Change Summit, 2019 was held in which of the following cities?

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Q5. UNESCO has named which of the following cities as the World Book Capital City for the year 2019 in recognition of the city’s continuous efforts in promoting books and literacy?

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Q6. Who has authored the book titled "Being Gandhi" which will mark the 150th anniversary of Mahatma Gandhi?

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Q7. World Alzheimer’s Day is observed every year on which date to raise awareness about Alzheimer’s and dementia?

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Q8. Who among the following has won the Formula One Singapore Grand Prix 2019?

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Q9. Which of the following public sector bank has launched a digital platform for farmers to provide solutions for all major agricultural requirements?

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Q10. Which of the following states’ tourism department won three prestigious Pacific Asia Travel Association (PATA) Gold awards?

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Q11. Which of the following Indian playback singer has been honored with ‘Magnificent Performing Arts Award’ at the 21st Century Icon Awards in London, United Kingdom (UK)?

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Q12. The Fourth edition of Internet of Things India Congress 2019 was held in__________.

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Q13. India’s largest power company the NTPC Ltd. has planned to set up 5 gigawatts (GW) solar park in which of the following states?

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Q14. India’s First environment school named World Environment School (WES) will come in which state?

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Q15. Who among the following will become the brand ambassador of Madhya Pradesh to help and promote the state’s tradition and tourist places?

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Q16. ‘Max Bupa Health Insurance Company Limited’ has signed a bancassurance agreement with which of the following bank

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Q17. 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?

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Q18. Who among the following has been conferred with the first Gauri Lankesh National Award for Journalism in Bengaluru?

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Q19. Which of the following footballers has won the FIFA's best male player of the year award 2019 at La Scala in Milan, Italy?

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Q20. The Union Science and Technology & Health Minister Dr Harsh Vardhan has launched which initiative to tackle inherited genetic disorders in newborns?

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Q21. In which year, The Central Bank of India was established?

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Q22. Where is the headquarters of UCO Bank located?

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Q23. Oriental Insurance was incorporated on 12 September 1947 as a government-owned non-life insurance company in ________.

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Q24. Reliance General Insurance was incorporated on 17 August 2000. It received the license to conduct general insurance business in India from the Insurance Regulatory Development Authority of India (IRDAI) in ________.

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Q25. Which of the following pair is wrong?

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Q26. ____________ is one of the four All India Financial Institutions regulated and supervised by the Reserve Bank; other three are EXIM Bank, NABARD and NHB.

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Q27. The first mutual funds in India were created in 1964 by the ___________.

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Q28. Dhanalakshmi Bank Ltd was incorporated on 14 November 1927 at Thrissur city. In which state Thrissur city is located?

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Q29. After independence, the Government of India appointed the National Income Committee in ______ with Prof. P.C. Mahalnobis as its chairman.

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Q30. Which of the following stock exchange was founded by Premchand Roychand?

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Banking Awareness September 2019 Quiz - 29th

Q1. Consider the following events:

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Q2. Word Bull and Big are associated with which branch of commercial activity?

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Q3. What is the animal on the insignia of the RBI?

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Q4. The best way, a bank can avoid loss is to :

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Q5. The system of value added taxation is applicable to:

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Q6. Which of the following is the Banker of the Banks?

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Q7. Which of the following is not true about the Reserve Bank of India?

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Q8. Reserve Bank of India works as:

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Q9. What are gilt-edged securities?

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Q10. The functions of the Reserve Bank of India are:

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Q11. All of the following were subsidiaries of the State Bank of India, except:

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Q12. The Securities and Exchange Board of India has been set up to :

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Q13. Which among the following is the oldest Development Financial Institution of India?

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Q14. Consider the following statements:

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Q15. Regional rural banks:

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Q16. The arguments to support opening up of the Insurance sector in India were:

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Q17. Debenture holders of a company are its:

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Q18. Which of the following statements regarding Regional Rural Banks (RRB) in India is/are correct?

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Q19. Consequent 'upon the recommendations of the Working Group on Rural Banks, 5 Rural Regional Banks were initially set up in the year …….

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Q20. In India, which of the following have the highest share in the disbursement of credit to agriculture and allied activities?

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Q21. Where is the headquarter of Corporation Bank?

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Q22. What is the tagline of Indian Bank?

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Q23. In which year, ICICI Bank launched internet banking operations?

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Q24. In which year, ICICI Ltd along with UTI set up CRISIL as India's first professional credit rating agency?

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Q25. In which year, HDFC Bank was incorporated, with its registered office in Mumbai, Maharashtra?

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Q26. The Nedungadi Bank was the first private sector bank in India, founded in 1899 by Rao Bahadur T.M. Appu Nedungadi in ________.

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Q27. What is the full form of EFT?

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Q28. Book “The Problem of the Rupee – Its origin and its solution” is written by _______.

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Q29. Bhogaraju Pattabhi Sitaramayya founded Andhra Bank in ______.

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Q30. In 1908, Maharaja Sayajirao Gaekwad III, set up the _________.

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Banking Awareness September 2019 Quiz - 28th

Q1. The RBI is authorized to issue notes with face values of up to ?_______ and coins up to ?1,000 rupees.

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Q2. The old series of ?1,000 and ?500 notes were demonetized from midnight on which date?

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Q3. How many banks were merged in 1921 to form the Imperial Bank of India?

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Q4. Which of the following bank plays an important part in the Development Strategy of the Government of India?

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Q5. The period between 1906 and 1911 saw the establishment of banks inspired by the _____- movement.

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Q6. From which year, Shaktikanta Das, who was the finance secretary with the Government of India, begins his journey as the new RBI Governor?

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Q7. With the second round of nationalisation, the Government of India controlled around how many percent of the banking business of India?

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Q8. Arundhati Bhattacharya became the first woman to be appointed Chairperson of the which bank?

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Q9. SBI acquired the control of seven banks in __________.

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Q10. In which year, The State Bank of Bikaner & Jaipur, State Bank of Hyderabad, State Bank of Mysore, State Bank of Patiala and State Bank of Travancore, and Bharatiya Mahila Bank were merged with State Bank of India?

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Q11. Where is the headquarter of Bandhan Bank?

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Q12. In which year, India Post got license to run a payments bank from Reserve Bank of India?

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Q13. DBS bank belongs to which country?

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Q14. Pandyan Grama Bank is a Scheduled public sector bank in Tamil Nadu established under which act?

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Q15. How many deputy governors are appointed by Government in Reserve Bank of India?

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Q16. Bank branches are established under ____________ of Banking Regulations Act, 1949.

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Q17. What is the tagline of Bank of India?

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Q18. What is the full form of ICICI bank?

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Q19. Where is the headquarter of IDBI bank?

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Q20. Which of the following, is not an account as per banking field?

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Q21. For the minting of coins, Security Printing and Minting Corporation of India Limited has four mints. Which one of the following does not belong to that city?

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Q22. In which year, the National Housing Bank (NHB) was established?

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Q23. What is the tagline of Canara Bank?

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Q24. Where is the headquarter of Punjab & Sindh Bank?

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Q25. Payment Bank are licensed as payments banks under which section of the Banking Regulation Act, 1949?

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Q26. A small finance bank should hold how many percent of its net credits in loans to firms in priority sector lending?

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Q27. Who was S.S. Tarapore?

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Q28. What was the initial corpus of NABARD?

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Q29. Forward Market Commission was established in which year?

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Q30. In 2015, Forward Market Commission was merged with _________.

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Banking Awareness September 2019 Quiz - 27th

Q1. 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?

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Q2. ‘Onam’ is a harvest festival celebrated in which of the following states?

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Q3. The Golden Jubilee Edition of International Film Festival of India (IFFI) will be held in____.

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Q4. The International Day of Peace is being observed all around the world every year on 21st September. What was the theme of the International Day of Peace 2019?

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Q5. What is the theme of the World Ozone Day 2019?

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Q6. India’s first dinosaur museum and Fossil Park opened in which state?

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Q7. On which river bank Charminar is situated?

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Q8. Hussain Sagar is a necklace shaped lake located in ____.

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Q9. Namdapha national park is situated in______.

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Q10. Where is Amangarh tiger reserve?

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Q11. Which National park has become the largest habitat of the endangered estuarine crocodiles in India?

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Q12. Swami Vivekananda Airport is located in which of the following states?

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Q13. Kovvada Nuclear Power Plant which was in news recently will be constructed in which state?

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Q14. What is the meaning of ‘Master of Roster’?

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Q15. Dr. Harshvardhan Singh is the current Union Minister of which of the following ministries?

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Q16. Chabra Super Critical Thermal Power Station is located in which state of India?

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Q17. Which of the following is the busiest navigable river of the world?

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Q18. Where Asiatic lions are found?

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Q19. What is the full form of NPCI?

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Q20. On which of the following date ‘World Senior Citizens Day’ is celebrated?

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Q21. Which of the following team has won the ‘Senior Women’s National Football Championship 2019-20 (25th-edition) held in Pasighat, Arunachal Pradesh?

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Q22. Koneru Hampi who recently won the World title is associated with which sports?

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Q23. Ponung Doming is the first woman from ____ to become a Lieutenant Colonel in the Indian Army.

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Q24. India's women's singles badminton coach Kim Ji Hyun has resigned from her position due to personal reasons and becomes India's third foreign coach to have resigned without completing the tenure. She belongs to which country?

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Q25. During the UN Climate Change Summit, 2019 the 16-year-old environmental activist Greta Thunberg shook world leaders with her speech at the United Nations, accusing world leaders of failing to take action on climate change. She belongs to which country?

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Q26. Prime Minister Narendra Modi along with other world leaders have inaugurated the Gandhi Solar Park at the United Nations headquarters in

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Q27. Which state has become the first state in the country to issue the highest number of golden cards under Ayushman Bharat-Pradhan Mantri Jan Arogya Yojana (AB-PMJAY)?

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Q28. UN Climate Action Summit, 2019 held in _____.

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Q29. Which state government has launched a housing loan subsidy scheme ‘Aponar Apon Ghar’ to provide financial assistance on the purchase or construction of the first house for a family?

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Q30. Who among the following has been selected for the Dada Saheb Phalke award for the year 2018 for his immeasurable contribution to Indian cinema?

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Banking Awareness September 2019 Quiz - 26th

Q1. With which name "Food for Work Program" was renamed?

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Q2. Which of the following sector has the maximum sector of disguised unemployment in India?

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Q3. Which of the following bank was established in 1916 by M. A. Venkatarama Chettiar and Athi Krishna Chettiar?

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Q4. Which of the following bank celebrated its platinum jubilee in the year 2013?

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Q5. Merchant Banks do not deals in:

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Q6. The Group of people, who pool their money together for savings and to make loan is called a:

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Q7. Capital Market deals in:

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Q8. Which of the following bank is the first universal bank established in the country:

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Q9. In which year, the government merged New Bank of India with Punjab National Bank?

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Q10. All banks included in the Schedule to the Reserve Bank of India Act, 1934 are Scheduled Banks.

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Q11. Where is the headquarters of the Bank of India located?

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Q12. BOB Capital Markets (BOBCAPS) is a SEBI-registered investment banking company which is wholly owned by Bank of Baroda. Where is the headquarters of BOB Capital Markets?

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Q13. The Indian Financial System Code (IFS Code or IFSC) is an that facilitates electronic funds transfer in India.

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Q14. PhonePe is an Indian e-commerce payment system and digital wallet company. Where is the headquarters of PhonePe located?

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Q15. MobiKwik is an Indian company that provides a mobile phone based payment system and digital wallet. In which year it was founded?

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Q16. On November 22nd, 2010, Which of the following organization launched Immediate Payment Services (IMPS) to offer an instant, 24-hour×7, interbank electronic fund transfer service through mobile phones?

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Q17. What does the last three characters in MICR represents?

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Q18. What does the first four characters in IFSC represents?

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Q19. One rupee note bear the signature of:

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Q20. Beti Bachao, Beti Padhao yojna was launched on.

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Q21. In which year, Bank of Hindustan was established?

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Q22. The first entirely Indian joint stock bank was the Oudh Commercial Bank, established in 1881 in .

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Q23. RBI granted approval in 2016 to how many entities to set up small finance banks?

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Q24. In 1988, the RBI set up the Committee on Computerisation in Banks. Who was the head of this committee?

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Q25. In which year, a new denomination of ₹200 banknote was added to the Indian currency structure?

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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.

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Q27. The Indian rupee replaced the which rupee in 1845?

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Q28. The three Presidencies established by the (Bengal, Bombay and Madras) each issued their own coinages until 1835.

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Q29. What is the current Bank rate?

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Q30. With reference to banking sector, what is IRF stands for?

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Banking Awareness September 2019 Quiz - 25th

Q1. Who among the following won the Best Actor (Male) Award at IIFA (International Indian Film Academy Awards) 2019?

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Q2. Who is the author of the book “A Short History of Indian Railways”?

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Q3. 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?

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Q4. 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?

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Q5. Which of the following country has topped the Global Gender Equality Index?

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Q6. Conservative Party leader Boris Johnson has been elected as the new Prime Minister of _____.

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Q7. SAARC Development Fund headquarters is located in which country?

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Q8. The TIMES Higher Education (THE) released its World University Rankings 2020 edition. In which 56 Indian institutions made entry into the list. Which institutions topped the list among Indian universities?

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Q9. Rajnath Singh became the first Defense Minister to y a fighter aircraft. Which jet did he y?

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Q10. India’s first central police university will be set up in which of the following cities?

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Q11. From the Red Fort in his Independence Day speech, Prime Minister Narendra Modi announced to launch new ‘Jal Jeevan Mission’, the scheme is related with __________.

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Q12. Who has been appointed as the Chairman and Managing Director of MTNL(Mahanagar Telephone Nigam Limited)?

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Q13. According to the Union Budget 2019-20, Stand-Up India scheme will continue till ________.

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Q14. Which of the following scheme is launched by the Electronics and Information Technology Ministry to provide digital literacy to citizens in rural areas?

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Q15. Who has been awarded the Country's highest Sporting Honour - The Rajiv Gandhi Khel Ratna Award for 2019?

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Q16. Recently in September 2019, Tejinderpal Singh Toor clinched a silver medal during an athletic meet at Decin in the Czech Republic. He is associated with which sports?

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Q17. Fast bowler Jasprit Bumrah has become the third Indian to claim a hat-trick in Test cricket during the second Test against West Indies at Sabina Park. Who was the first Indian to achieve the feat in the longest format of the game?

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Q18. 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?

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Q19. President Ram Nath Kovind visited South Central European country of Slovenia after concluding his visit to Iceland and Switzerland. What is the capital of Slovenia?

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Q20. Motor Vehicles (Amendment) Bill 2019 focuses on ___.

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Q21. Where is the headquarters of the Bank of India located?

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Q22. BOB Capital Markets (BOBCAPS) is a SEBI-registered investment banking company which is wholly owned by Bank of Baroda. Where is the headquarters of BOB Capital Markets?

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Q23. The Indian Financial System Code (IFS Code or IFSC) is an _________ that facilitates electronic funds transfer in India.

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Q24. PhonePe is an Indian e-commerce payment system and digital wallet company. Where is the headquarters of PhonePe located?

Answer

Q25. MobiKwik is an Indian company that provides a mobile phone based payment system and digital wallet. In which year it was founded?

Answer

Q26. On November 22, 2010, Which of the following organization launched Immediate Payment Services (IMPS) to offer an instant, 24-hour×7, interbank electronic fund transfer service through mobile phones?

Answer

Q27. What does the last three characters in MICR represents?

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Q28. What does the first four characters in IFSC represents?

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Q29. One rupee note bear the signature of:

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Q30. Beti Bachao, Beti Padhao yojna was launched on __________.

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Banking Awareness September 2019 Quiz - 24th

Q1. CTS-2010 is related to which of the following banking instrument?

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Q2. If any cheque issue by a holder to the payee for the upcoming withdrawn date, then that type of cheques are called____________.

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Q3. What percentage of FDI is allowed in Insurance Sector in India?

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Q4. What is ‘first I’ stand for in the FII ?

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Q5. How many member nations are there in the Bank for International Settlements (BIS)?

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Q6. When was the first Basel norm introduced Basel Committee on Banking Supervision (BCBS)?

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Q7. Which of the following is the oldest stock exchange of Asia?

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Q8. What is ‘B’ stand for in the FIPB which is a term related to FDI?

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Q9. What is the ceiling limit of FII of paid-up capital of an Indian company(excluding PSU Banks)?

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Q10. Nikkei 225 is a famous stock exchange of which of the following country?

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Q11. The Reserve Bank of India has imposed a collective penalty of Rs 12 crore on 8 public sector banks. Bank of Baroda, Bank of India, Indian Overseas Bank and United Bank of India have been imposed with a penalty of-?

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Q12. The Reserve Bank of India will make available the NEFT system on a 24×7 basis from December 2019 as per the Payment System Vision 2021 document. What is the full form of NEFT?

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Q13. Which card has announced the launch of Identity Check Express, a next-generation, mobile-first authentication solution that aims to redefine the e-commerce journey for Indian consumers?

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Q14. In its 3rd Bi-monthly Monetary Policy Committee meeting, RBI has reduced the real GDP growth for 2019-20 from 7% to-?

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Q15. United Bank of India is an Indian government-owned bank headquartered in-?

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Q16. Private sector bank ___________________ and digital healthcare platform Practo have partnered to launch an industry-first co-branded health credit card.

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Q17. Business-to-business payments startup _____________ has launched the country’s first corporate credit card called ‘Freedom Card’ for small and medium enterprises (SMEs).

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Q18. The State Bank of India’s (SBI) Shanghai branch is now connected to CNAPS. What is the full form of CNAPS?

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Q19. In its 3rd Bi-monthly Monetary Policy Committee meeting, the Reserve Bank of India has reduced the policy repo rate by-?

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Q20. What is the present repo rate?

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Q21. Bank branches are established under ____________ of Banking Regulations Act, 1949.

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Q22. The difference between the outflow and inflow of foreign currency is known as.

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Q23. The biggest international financial center in the world is.

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Q24. Which of the following Institutions extends maximum term loan to States?

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Q25. When the date of the cheque is later than the date on which it is presented for payment, the cheque is known as.

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Q26. The Bank of Calcutta, Bank of Bombay and Bank of Madras were merged in 1921 to form

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Q27. Production and consumption takes place at about the same time. This is a characteristic of

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Q28. FDR is

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Q29. NBA stands for

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Q30. What is the full form of ECB?

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Banking Awareness September 2019 Quiz - 23rd

Q1. Which bank is established as First Bank in India?

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Q2. Bank of Hindustan was established in which year?

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Q3. Which among the following is correct regarding Bank in India?

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Q4. Which bank was established in 1786?

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Q5. The Largest and Oldest Bank, still in existence is:

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Q6. Which among the following banks form the "Imperial bank of India”?

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Q7. When was the first nationalization of many banks?

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Q8. Reserve Bank of India was established under which act?

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Q9. In which year, RBI was established?

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Q10. In which year, SBI was given control of 8 state associated bank under the State Bank of India (Subsidiary Banks) Act, 1959?

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Q11. Bank branches has which can undertake foreign exchange business directly are known as ________ in foreign exchange.

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Q12. By which organization Insurance cover for bank deposits in our country is provided?

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Q13. ' Dinar' is the currency of which of the following countries?

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Q14. Loans of very small amounts given to low income groups is known as _______

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Q15. What is CDR?

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Q16. Expand the term ALM as used in Banking/ Finance sector.

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Q17. Cash Reserve Ratio (CRR) and statutory Liquidity Ratio (SLR) are related to which industries/ markets?

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Q18. What is the maximum period for which domestic term deposits are normally accepted by banks in our country?

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Q19. If a person want to purchase some U.S Dollars, he should approach_______.

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Q20. Who is Banking Ombudsman?

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Q21. PM-KISAN (Pradhan Mantri Kisan Samman Nidhi) Scheme pay all poor farmers (small and marginal farmers having lands up to 2 hectares) Rs 6,000 each every year in ______ installments through Direct Bank Transfer.

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Q22. Modi 2.0 Cabinet has approved a proposal to provide small and marginal farmers with a minimum fixed pension of Rs ________.

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Q23. When Pradhan Mantri Ujjwala Yojana (PMUY) was launched by Prime Minister of India Narendra Modi to distribute 50 million LPG connections to women of BPL families?

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Q24. Which of the following yojana aims to make all national highways free of railway crossings by 2019?

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Q25. Stand-Up India Scheme Facilitates bank loans between ________ to at least one Scheduled Caste (SC) or Scheduled Tribe (ST) borrower and at least one woman borrower per bank branch for setting up a Greenfield enterprise.

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Q26. Note printing presses of which states are owned by the Security Printing and Minting Corporation of India (SPMCIL), a wholly owned company of the Government of India?

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Q27. The Companies (Amendment) Bill, 2019 was introduced in Lok Sabha on July 25, 2019 by the Minister of Finance, Nirmala Sitharaman. It amends the ________.

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Q28. The Insolvency and Bankruptcy Code (Amendment) Bill, 2019 was introduced in Rajya Sabha by Nirmala Sitharaman in 2019. The Bill amends the ___________.

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Q29. Under the administrative arrangements, the Central Government is required to maintain a minimum cash balance with the Reserve Bank. Currently, this amount is _______ on a daily basis.

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Q30. The Reserve Bank’s initiatives in the field of consumer protection include the setting up of a Customer Service Department in 2006, which was recently rechristened as __________.

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Banking Awareness September 2019 Quiz - 22nd

Q1. Recently government issued guidelines on operationalising how much amount of partial guarantee scheme for NBFCs?

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Q2. Who was appointed as chairman of Inter State Council Which was formulated recently to investigate and advise on disputes between states?

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Q3. India’s first space museum was inaugurated in which city?

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Q4. The 5th BRICS Minister of Environment Meeting was held in Which country?

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Q5. Recently Which body issued a clarification on failed transactions at ATMs?

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Q6. Recently the government came out with new GDP series to align with global method.What was the base year taken for it?

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Q7. As per Australia and New Zealand Banking Group (ANZ),At How much percent India’s GDP growth will be in 2019-20?

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Q8. Which country won the inaugural T20 Physical Disability World Cricket?

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Q9. Who has become India’s first junior World Champion in 18 years?

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Q10. The Junior Track Cycling World Championships 2019 held in Which country?

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Q11. Who was re appointed as India’s men cricket team coach?

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Q12. Which player is all set to get the Rajiv Gandhi Khel Ratna, the country’s highest sporting honour.?

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Q13. Who has been appointed as the Director of National Institute of Health and Family Welfare (NIHFW) in New Delhi?

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Q14. Who has been conferred with TamilNadu’s Dr APJ Abdul Kalam Award?

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Q15. Recently NeelumSharma passed away.She belongs to which field?

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Q16. Recently Damodar Ganesh Bapat passed away. He was related to which field?

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Q17. Who is the author of “Kashmir’s Untold Story: Declassified”?

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Q18. What is the currency of Brazil?

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Q19. Where is the HQ of ISRO?

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Q20. Where is the HQ of National Institute of Health and Family Welfare?

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Q21. Under The Ayushmaan Bharat Scheme,more than 1.5 lakh health centres are to be set up by Which year?

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Q22. Recently Jal Shakti Minister and Sports Minister flagged off “Great Ganga Run-2019? in Which city/UT?

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Q23. Recently The Board of Directors of Haryana State Industrial and Infrastructure Development Corporation (HSIIDC) signed MoU with Which organisation for funding support to micro, small and medium enterprises (MSMEs)?

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Q24. Recently Union Minister for Environment and Forest and Information & Broadcasting Prakash Javadekar flagged off a Jaldoot vehicle a travelling exhibition in which city/UT?

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Q25. Recently White Water Rafting Expedition ‘Rudrashila’ Flagged off in which city?

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Q26. Who has been appointed as India’s first female military diplomat in Indian Embassy in Russia?

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Q27. The exercise MAITREE is between India and which other country?

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Q28. Recently a five-day-long maiden trilateral exercise involving Singapore’s Navy (RSN), Royal Thailand Navy (RTN) and Indian Navy (IN) commenced in which place?

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Q29. Recently Which organisation gave Indian a Navy a new generation war gaming software?

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Q30. Which city topped the list in World’s Safest Cities 2019?

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Banking Awareness September 2019 Quiz - 21st

Q1. Which of the following is not a source of Funds of a commercial bank?

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Q2. In our country, a cheque remains valid for payment for from the date of issue.

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Q3. Which bank is the banker to the Central Government?

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Q4. Which of the following can issue a commercial paper?

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Q5. What is the full form of MAT?

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Q6. What is the duration of PPF account?

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Q7. The headquarter of BRICS Bank “The New Development Bank (NDB)” located in ___.

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Q8. Money lent for more than one day but less than 15 days in the money market is known as:

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Q9. In “SLR” L stands for ____.

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Q10. What is ‘E’ in FERA?

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Q11. On the recommendation of which of the following committees were the Regional Rural Banks established in India?

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Q12. Where is the headquarters of the National Investment and Infrastructure Fund (NIIF) located?

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Q13. With which of the following is Malegam Committee associated?

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Q14. What is T stands in NEFT?

Answer

Q15. In banking business, when the borrowers avail term Loan, initially they are given a repayment holiday this is referred as

Answer

Q16. What is the advantage and benet of Core Banking Solutions in the banking sector?

Answer

Q17. Which of the following is not a precondition for a promissory note?

Answer

Q18. SWIFT” stands for society for World-wide Inter Bank Financial Telecommunication (SWIFT). The Headquarter of SWIFT is in

Answer

Q19. For ling and resolving customer complaints, the Banking Ombudsman charge a fee of ___.

Answer

Q20. Which of the following factors is taken into account to calculate the Balance of Payment (BoP) of a country?

Answer

Q21. In which year, The Reserve Bank of India introduced the ECS (Credit) scheme to handle bulk and repetitive payment requirements (like salary, interest, dividend payments) of corporates and other institutions?

Answer

Q22. In terms of banking/economics, CCIL stands for –

Answer

Q23. At the time of its establishment, which bank was known as Canara Industrial and Banking Syndicate Limited?

Answer

Q24. Which of the following bank has its headquarter in Gurgaon?

Answer

Q25. Which bank was the result of the merger in 1950 of four Bengali banks: Comilla Banking Corporation, Bengal Central Bank, Comilla Union Bank, and Hooghly Bank?

Answer

Q26. RTGS system was implemented in March __________. RTGS system is owned and operated by the RBI.

Answer

Q27. Which of the following act defines payment system as “a system that enables payment to be effected between a payer and a beneficiary, involving clearing, payment or settlement services or all of them, but does not include a stock exchange”?

Answer

Q28. What is the full form of PDO, related with RBI?

Answer

Q29. Who can issue and operate Prepaid Payment Instruments (PPIs) in India?

Answer

Q30. The new approach of the Cheque Truncation System (CTS) is the grid-based approach. Under this approach, the entire cheque volume in the country is consolidated into the three grids. Which of the following is not included in that grid?

Answer

Banking Awareness September 2019 Quiz - 20th

Q1. Who is the Governor of Uttarakhand?

Answer

Q2. In which state, Dachigam Wildlife Sanctuary is located?

Answer

Q3. In which one of the following states, Patratu Thermal Power Plant is proposed to be set up?

Answer

Q4. Hirakud dam is located in which of the following states?

Answer

Q5. In which of the following states is the Kundankulam Nuclear Power Plant located?

Answer

Q6. In which of the following states is the Dudhwa National Park located?

Answer

Q7. What is the currency of Norway?

Answer

Q8. “Rani ki vav” is an intricately constructed stepwell situated in ____.

Answer

Q9. How many lions are there in our national emblem?

Answer

Q10. The Salar Jung Museum is an art museum is located in ___.

Answer

Q11. What is the capital of Nigeria?

Answer

Q12. On which river bank Statue of Unity is built?

Answer

Q13. Haldia Renery is located in which state?

Answer

Q14. Somasila Dam is located in which state?

Answer

Q15. What is the currency of Vietnam?

Answer

Q16. Which of the following city has the airport named after the former prime minister of India?

Answer

Q17. Which of the following cups/trophies is associated with Cricket?

Answer

Q18. The Moti Bagh Stadium is located in which of the following states?

Answer

Q19. Which country is commonly known as ‘The Land of Golden Fleece’?

Answer

Q20. Maharaja Bir Bikram Manikya Kishore airport is located in which Indian state?

Answer

Q21. Which of the following rate is not associated with banking?

Answer

Q22. Which of the following bank is related with housing finance?

Answer

Q23. In which year, Bandhan Bank was established?

Answer

Q24. Where is the headquarters of South Indian Bank is located?

Answer

Q25. According to which act, National Housing Bank was established?

Answer

Q26. In which year, Export Import Bank of India was established?

Answer

Q27. Where is the headquarters of Yes Bank located?

Answer

Q28. Rakesh Sharma is associated with which of the following bank?

Answer

Q29. Which Bank is India’s largest private sector lender by assets?

Answer

Q30. Which of the following bank was merged with Times Bank in February 2000?

Answer

Banking Awareness September 2019 Quiz - 19th

Q1. India-Russia Annual Summit 2019 was held in which of the following Russian cities?

Answer

Q2. Which of the following telecommunication company has launched IPV6 services to bring a new era of the internet in the country?

Answer

Q3. Amazon Web Services (AWS) has collaborated with which of the following IIT to launch National Artificial Intelligence Resource Portal?

Answer

Q4. Which of the following Indian Women Cricketer has announced her retirement in September, 2019 from T20 Internationals?

Answer

Q5. Which of the following cities will host the 5th Eastern Economic Forum (EEF) summit?

Answer

Q6. Which of the following states government has announced 4,750 crore rupees waiver on interest and penalty on crop loans?

Answer

Q7. Which of the following Indian Companies has signed an agreement with Bangladesh government to set up a 750 MW gas-based power plant in Meghnahat near Dhaka?

Answer

Q8. Recently in September 2019 Hurricane Dorian (A storm) hits which of the following countries?

Answer

Q9. In August 2019, Prime Minister Narendra Modi inaugurated the Mangdechhu hydroelectric power plant in which country?

Answer

Q10. There was a 2 - Days Commanders conclave of the Eastern Air Command (EAC) inaugurated by Indian Air Force Air Chief Marshal BS Dhanoa?

Answer

Q11. Who has been awarded the Country's highest Sporting Honour - The Rajiv Gandhi Khel Ratna Award for 2019?

Answer

Q12. Who among the following has won the Formula 1 Belgian Grand Prix 2019?

Answer

Q13. Fast bowler Jasprit Bumrah has become the third Indian to claim a hat-trick in Test cricket during the second Test against West Indies at Sabina Park. Who was the first Indian to achieve the feat in the longest format of the game?

Answer

Q14. Which of the following chief minister of Indian states has launched ‘Walk to Work’ campaign in line with the “Fit India Movement” which has been launched in the country by the Prime Minister.

Answer

Q15. In August 2019 VK Vismaya has won the gold medal in an international event in Brno, the Czech Republic. She is associated with which sports?

Answer

Q16. Maharashtra government has decided to grant exemption from the state Goods and Services Tax (GST) to Bollywood film 'Mission Mangal', which is about the ISRO's successful Mangalyaan mission. Who is the director of the film?

Answer

Q17. Who is appointed as the next Chairman-cum-Managing Director of Coal India Limited?

Answer

Q18. Indian documentary lm 'I'm Jeeja' has won the top award in the 'Under 30 minute' category at the 14th edition of the ‘We Care Film Festival on Disability Issues’. Who is the director of the film?

Answer

Q19. A mobile app __________ has been launched to help para-athletes to look up accessible places in Tokyo during their visit to the city for the 2020 Paralympics Games.

Answer

Q20. Which of the following Indian shooters has won the gold medal in the men's 10m air pistol event of the Shooting World Cup?

Answer

Q21. What is the current repo rate?

Answer

Q22. What is the Current reverse repo rate?

Answer

Q23. Which of the following is not an instrument of Monetary policy?

Answer

Q24. How many printing presses print and supply banknotes in India?

Answer

Q25. Coins are minted by the Government of India. Who is the agent of the Government for distribution, issue and handling of coins?

Answer

Q26. Where is the headquarters of Syndicate Bank is located?

Answer

Q27. Which of the following organization decides Marginal Standing Facility in India?

Answer

Q28. UCO Bank established in 1943 in Kolkata, is a major government-owned commercial bank of India. Formerly UCO bank Called-

Answer

Q29. On 30 August 2019, Finance Minister Nirmala Sitharaman announced that the Oriental Bank of Commerce and United Bank of India would be merged with _________.

Answer

Q30. On 24 June 1908, Bhai Vir Singh, Sir Sunder Singh Majitha, and Sardar Tarlochan Singh established _____.

Answer

Banking Awareness September 2019 Quiz - 18th

Q1. Who has been appointed as head of business of Bandhan Bank?

Answer

Q2. Venezuelan government has announced to roll out three new banknotes 10,000, 20,000 and 50,000 bolivar denominations because of…….crisis.

Answer

Q3. Which of the following country will impose green tax up to €18 on plane tickets from 2020?

Answer

Q4. Which of the following e-commerce company has partnered with the Citibank to launch its rst credit card?

Answer

Q5. Which of the following cities hosted India’s largest Women Startup Summit 2019?

Answer

Q6. Which bank launched the lending program Smart Edge for MSMEs?

Answer

Q7. What is the price fixed by the government for new sovereign gold bonds?

Answer

Q8. What does BFD stand for with respect to Aadhaar Enabled payment System?

Answer

Q9. Under IMPS, a given amount can also be remitted through ABR Service. What does ABRS stand for?

Answer

Q10. In a bid to make digital payments more attractive for the corporate sector, the government has proposed no charge or merchant discount rate (MDR) for companies with more than Rs 50 crore turnover accepting payments through digital means. The MDR will instead be borne by supporting banks and the Reserve Bank of India. Which of the following best describes the term "Merchant Discount Rate”?

Answer

Q11. While presenting the Union Budget 2019-20, Finance Minister Nirmala Sitharama has proposed to consider issuing Aadhaar to NRIs with Indian passports after their arrival in India without the mandatory wait of ___

Answer

Q12. Which of the following ministries has launched the Pradhan Mantri Vaya Vandana Yojana?

Answer

Q13. Which of the following are the criteria for setting up a 'payment bank'?

Answer

Q14. Which of the following Index is calculated and published by Central Statistics Ofce (CSO)?

Answer

Q15. Which of the following is not a part of revenue receipts of the government?

Answer

Q16. People normally go to a bank for a withdrawal or/and depositing their money. In addition to that banks provide many other services these days. Which of the following is/are such new services?

Answer

Q17. Which of the following rates/ratios is not covered under the RBI monetary and credit policy?

Answer

Q18. Which of the following is NOT a measure of Risk Management in Banks?

Answer

Q19. Which of the following is 'material alteration' of a negotiable instrument?

Answer

Q20. What is the maximum permissible limit for investment in PPF account in a financial year?

Answer

Q21. In India, Mutual Funds are regulated by-?

Answer

Q22. KYC Compliance is done to-

Answer

Q23. What is the full form of MICR?

Answer

Q24. Open Money Market is a place for selling and buying of a financial instrument by _______.

Answer

Q25. Which of the following is the first commercial bank to launch mutual fund?

Answer

Q26. Who can invest in a commercial paper?

Answer

Q27. The committee on Banking Regulations and Supervisory Practices which released the agreed framework on international convergence of capital measures and capital standards in July 1988 is popularly known as _______.

Answer

Q28. In present, Reverse Repo rate is the rate at which RBI Pays interest to Commercial Banks and it is linked to Repo Rate and the rate is-?

Answer

Q29. Which is the first Indian Private Sector Bank set up a branch in China?

Answer

Q30. Which of the following rates is not decided by the RBI?

Answer

Banking Awareness September 2019 Quiz - 17th

Q1. Which of the following is the capital of Ethiopia?

Answer

Q2. What is the currency of Armenia?

Answer

Q3. Which of the following is the Capital of Azerbaijan?

Answer

Q4. The World Zoonoses Day is observed every year on ____.

Answer

Q5. ‘Ugadi’ is celebrated as the new year in which of the followings states?

Answer

Q6. The Folk dance ‘Fugdi’ is related to which state?

Answer

Q7. The Namami Barak Festival is being organised in which of the following State?

Answer

Q8. Pana Sankranti has been celebrated in which of the following Indian State?

Answer

Q9. Tera Tali, is the folk dance of which of the following Indian State?

Answer

Q10. Which among the following is the largest coastal lagoon in India?

Answer

Q11. Which among the following lakes is known as the ‘Jewel in the Crown of Kashmir’?

Answer

Q12. India's second-largest artificial lake, Dhebar Lake, was created on which river?

Answer

Q13. A deep depression in the Bay of Bengal has intensied into a cyclonic storm named______.

Answer

Q14. Indira Sagar dam is located in which Indian State/City?

Answer

Q15. Pilibhit wildlife sanctuary is located in which Indian State?

Answer

Q16. Brabourne Stadium is situated in ________.

Answer

Q17. The Moti Bagh Stadium is located in which of the following states?

Answer

Q18. In which of the following states is the Dibru-Saikhowa National Park situated?

Answer

Q19. In which of the following states of India is the Lokpriya Gopinath Bordoloi International Airport is situated?

Answer

Q20. Which of the following state has Dabolim airport?

Answer

Q21. In India, the bank NABARD does not provide refinance to which of them?

Answer

Q22. Which of the following is called a 'banker's cheque'?

Answer

Q23. The Imperial Bank of India has been formed after amalgamation of _________________ Presidency Banks

Answer

Q24. Where is the headquarters of Paytm Payments Bank Limited?

Answer

Q25. The Largest and Oldest Bank, still in existence is:

Answer

Q26. Which among the following banks form the "Imperial bank of India”?

Answer

Q27. What is the full form of EFT?

Answer

Q28. Book “The Problem of the Rupee – Its origin and its solution” is written by _______.

Answer

Q29. Bhogaraju Pattabhi Sitaramayya founded Andhra Bank in ______.

Answer

Q30. In 1908, Maharaja Sayajirao Gaekwad III, set up the _________.

Answer

Banking Awareness September 2019 Quiz - 16th

Q1. Which of the following bank has opened an MSME Centralised Processing Centre (CPC) that will give a give a boost to the bank’s MSME portfolio and will lead to speedy disposal of micro, small and medium enterprises’ loans?

Answer

Q2. LCR is an important part of the Basel Accords. In 'LCR' what does 'C' stands for?

Answer

Q3. Which of the following Public Sector Bank has recently set up a centralized hub 'Centralized MSME and Retail Group'?

Answer

Q4. According to the World Steel Association Report which country is the largest producer of crude steel?

Answer

Q5. In banking CTS stands forQuestion 6

Answer

Q6. Which of the following banks has launched the Artificial Intelligence (AI) interactive assistant chatbot named “ABHi”?

Answer

Q7. As per the Union Budget 2019-20, FDI knows has registered the growth rate of ___ over the previous year.

Answer

Q8. Which of the following best suits with LORO Accounts?

Answer

Q9. Which of the following statement is incorrect with respect to Payment Banks in India?

Answer

Q10. The ‘IDRBT’ is established by the Reserve Bank of India (RBI) in 1996. It is a unique institution exclusively focused on

Answer

Q11. The Rural Infrastructure Development Fund (RIDF) was set up by the Government in 1995-96 for financing ongoing rural Infrastructure projects. The RIDF is maintained by the

Answer

Q12. What is the meaning of “Credit Creation”?

Answer

Q13. Which of the following banks is India’s first Small Finance Bank (SFB)?

Answer

Q14. In the Capital Market, the term arbitrage is used with reference to ____.

Answer

Q15. What do you understand by term 'Mortgage'?

Answer

Q16. What are the three components of Capital Market?

Answer

Q17. DCB Bank launches country's first Aadhaar enabled ATM in _____.

Answer

Q18. A consumer fails to make a payment due on a mortgage loan. This is known as _____.

Answer

Q19. What does the term LTV stand for with respect to Banking & Finance?

Answer

Q20. What is the full form of 'CRR' as used in banking sector?

Answer

Q21. In which year, IDBI was established?

Answer

Q22. HDFC Bank was incorporated in 1994, with its registered office in Mumbai, Maharashtra. Its first corporate office and a full service branch at Sandoz House, Worli were inaugurated by _______.

Answer

Q23. IDFC was incorporated on 30 January, 1997 with its registered office in Chennai. In 1998 the company registered with the ____________ as a non-banking financial company.

Answer

Q24. Where is the headquarters of City Union Bank is located?

Answer

Q25. Which bank was founded in 1926 by a group of seven businessmen of Karur under the leadership of Shri V.S.N. Ramalinga Chettiar?

Answer

Q26. Which of the following bank was founded by Govind Ballabh Pant?

Answer

Q27. South Indian Bank Limited (SIB) is a major private sector bank headquartered at Thrissur. Thrissur city is located in which state?

Answer

Q28. Which of the following is not related with bank?

Answer

Q29. Which of the following statements is not correct?

Answer

Q30. Which of the following statement is true about Current Account?

Answer

Banking Awareness September 2019 Quiz - 15th

Q1. What is the capital of West African nation Benin?

Answer

Q2. On which day International Happiness Day is observed?

Answer

Q3. What is the name of the annual festival which will be celebrated in Jammu and Kashmir?

Answer

Q4. The famous Kataragama temple is located at _____.

Answer

Q5. Balpakram National Park is located in which of the following State?

Answer

Q6. The Chitrangudi Bird Sanctuary is located in which of the following states of India?

Answer

Q7. Rajrappa falls are located in which of the following state?

Answer

Q8. Iddukki dam is located in which state?

Answer

Q9. Ujjain city is situated on the bank of which river?

Answer

Q10. Name the largest freshwater lake in India?

Answer

Q11. Bandhavgarh National Park is located in which of the following states of India?

Answer

Q12. Where is the Kudremukh National Park?

Answer

Q13. Gandhi Sagar dam is located in which of the following states?

Answer

Q14. Papikonda National Park is located in which of the following state?

Answer

Q15. The Indian Museum is the largest and oldest museum in India which is located in _____.

Answer

Q16. Tarapur Atomic Power Station is located in which state of India?

Answer

Q17. “Korba” Super Thermal Power Plant is situated in ___.

Answer

Q18. Raja Bhoj Airport is located in which of the following cities?

Answer

Q19. “La Paz” is capital of which country?

Answer

Q20. What is the currency of Croatia?

Answer

Q21. Which of the following is the capital of Burundi?

Answer

Q22. When is Aaykar Diwas celebrated?

Answer

Q23. Every year Statistics Day is celebrated on which date?

Answer

Q24. Which of the following states is a member of the ‘Seven sisters’ ?

Answer

Q25. Which among the following temples believed to be the first among the twelve jyotirlinga shrines of Shiva?

Answer

Banking Awareness September 2019 Quiz - 14th

Q1. Which of the following rate is not associated with banking?

Answer

Q2. Which of the following bank is related with housing finance?

Answer

Q3. In which year, Bandhan Bank was established?

Answer

Q4. Where is the headquarters of South Indian Bank is located?

Answer

Q5. According to which act, National Housing Bank was established?

Answer

Q6. In which year, Export Import Bank of India was established?

Answer

Q7. Where is the headquarters of Yes Bank located?

Answer

Q8. Rakesh Sharma is associated with which of the following bank?

Answer

Q9. Which Bank is India’s largest private sector lender by assets?

Answer

Q10. Which of the following bank was merged with Times Bank in February 2000?

Answer

Q11. Which of the following is a reserve ratio of Reserve Bank of India?

Answer

Q12. In which of the following city, the headquarters of Indian Bank is located?

Answer

Q13. Which of the following pair is wrong regarding banks and their headquarters?

Answer

Q14. IndusInd Bank Limited is a Mumbai based Indian new generation bank, established in _____.

Answer

Q15. Chandra Shekhar Ghosh is the founder of which of the following bank?

Answer

Q16. In which year, the Reserve Bank of India granted the universal banking licence to Bandhan Bank?

Answer

Q17. Which of the following bank was founded in December 1993, as UTI Bank?

Answer

Q18. Which of the following is not a type of cheque?

Answer

Q19. All of the following were subsidiaries of the State Bank of India, except:

Answer

Q20. Export–Import Bank was set-up in :

Answer

Q21. Which of the following is the wrong pair of banks and their headquarters?

Answer

Q22. Which of the following is the wrong pair of banks and their headquarters?

Answer

Q23. “Prosperity For All” is the tagline of which of the following bank?

Answer

Q24. Basel is situated in which of the following country?

Answer

Q25. The World Bank was created at the 1944 Bretton Woods Conference along with the ______. A. Reserve Bank of India B. International Bank of Settlement C. International Monetary Fund D. American Bank Answer: C

Banking Awareness September 2019 Quiz - 13th

Q1. Where is the Headquarters of SAARC located?
A. New York B. Kathmandu C. Paris D. Vienna Answer: B

Q2. In which year, a new sub-regional grouping was formed in Bangkok under the name BIST-EC (Bangladesh, India, Sri Lanka, and Thailand Economic Cooperation)?
A. 1990 B. 1995 C. 1997 D. 2000 Answer: C

Q3. BRICS is an association of five major emerging national economies. In BRICS, S stands for _______.
A. Switzerland B. Spain C. South Africa D. South America Answer: C

Q4. UNESCO implements its activities through the five programme areas. Which of the following activity is not the part of UNESCO’s activities?
A. Education B. Culture C. Natural Science D. Robotics Answer: D

Q5. In which of the following country, the headquarters of NATO is situated?
A. Netherland B. Belgium C. Switzerland D. Saudi Arabia Answer: B

Q6. Henrietta H. Fore is associated with which of the following organization?
A. UNESCO B. OPEC C. UNICEF D. IMF Answer: C

Q7. Takehiko Nakao is the president of which of the following bank/organization?
A. Asian Development Bank B. New Development Bank C. World Bank D. Shanghai Cooperation Organization Answer: A

Q8. “Committee on Comprehensive Financial Services for Small Businesses and Low Income Households” was formed by the RBI for establishment of payment banks. Who was the head of this committee?
A. Nachiket Mor B. D Subbarao C. C Rangarajan D. Raghuram Rajan Answer: A

Q9. What is the minimum paid-up equity capital for small finance banks?
A. 100 crore B. 200 crore C. 50 crore D. 150 crore Answer: A

Q10. India Post Payments Bank (IPPB) is a ________ government owned payments bank operating under the Department of Posts, Ministry of Communications.
A. 80% B. 50% C. 51% D. 100% Answer: D

Q11. Where is the headquarters of DCB Bank located?
A. Mumbai B. New Delhi C. Kolkata D. Chennai Answer: A

Q12. In which year, Nainital Bank was established?
A. 1990 B. 1992 C. 1994 D. 1996 Answer: B

Q13. Which of the following bank was established in 1916 by M. A. Venkatarama Chettiar and Athi Krishna Chettiar?
A. Kotak Mahindra Bank B. Lakshmi Vilas Bank C. Karur Vyasya Bank D. Dhanlaxmi Bank Answer: D

Q14. Which of the following bank celebrated its platinum jubilee in the year 2013?
A. Jammu & Kashmir Bank B. Lakshmi Vilas Bank C. Karur Vyasya Bank D. Dhanlaxmi Bank Answer: A

Q15. What is the abbreviation of A in NASSCOM?
A. Assets B. Association C. Agriculture D. Administration Answer: B

Q16. David Malpass is related with which of the following bank/organisation?
A. World Bank B. International Monetary Fund C. Asian Development Fund D. New Development Bank Answer: A

Q17. Multilateral Investment Guarantee Agency is related with which of the following bank/organization?
A. World Bank B. International Monetary Fund C. Asian Development Fund D. New Development Bank Answer: A

Q18. Keshav R. Murugesh is related with which of the following organization?
A. NASSCOM B. NDB C. YES Bank D. ICICI Bank Answer: A

Q19. ______ is the difference between the value of a country’s imports and exports for a given period.
A. Capital Market B. Balance of Trade C. Balance of Payments D. Money Market Answer: B

Q20. 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

Q21. Where is the headquarters of International Monetary Fund?
A. Washington DC B. Perth C. The Hague D. Brettonwoods Answer: A

Q22. The Bank for International Settlements (BIS) is an international financial institution. It is based in ______
A. Basel, Switzerland B. Geneva, Switzerland C. Zurich, Switzerland D. Bern, Switzerland Answer: A

Q23. Which of the following bank is headquartered in Lucknow?
A. NABARD B. SIDBI C. ICICI D. HDFC Answer: B

Q24. When was SIDBI established?
A. 1990 B. 1998 C. 1980 D. 1988 Answer: A

Q25. Harsh Kumar Bhanwala is the chairperson of _______
A. RRB B. RBI C. NABARD D. SIDBI Answer: C

Banking Awareness September 2019 Quiz - 12th

Q1. Which of the following countries will host Conference Of Parties (COP 14) of the United Nations Convention to be held in September, 2019?
A. Australia B. Indonesia C. Malaysia D. India Answer: D

Q2. In the recently launched Global Innovation Index (GII) India is at 52nd position, an improvement from last year 57th rank. What is the theme of the 12th edition of GII-2019?
A. “Creating Healthy Lives - The Future of Medical Innovation” B. “Creating Innovative Lives - The Future of Medical Innovation” C. “Think Healthy Lives and think Medical Innovation” D. “Medical Innovation is the gist of healthy life” Answer: A

Q3. Recently, Edgar Chagwa Lungu visited New Delhi and Prime Minister Narendra Modi held delegation-level talks with him, he is the President of which of the following country?
A. Zambia B. Jamaica C. Zimbabwe D. Kenya Answer: A

Q4. Recently, which of the following state’s transport department has launched a tracking system for state transport corporation buses which will allow people to have real-time information about their commute?
A. Uttarakhand B. Utter Pradesh C. Maharashtra D. Rajasthan Answer: C

Q5. BCCI Ombudsman has reduced the lifetime ban of which among the following cricketer to seven years?
A. Mohd. Azharuddin B. S Sreesanth C. Ajay Jadeja D. Ajit Chandila Answer: B

Q6. Railway Board has asked all its zonal offices to enforce a strict plastic ban at all stations from which dates?
A. 1st August, 2019 B. 15th August, 2019 C. 5th September, 2019 D. 2nd October, 2019 Answer: D

Q7. Digital Payment Company, Paytm has elevated its CFO and senior vice-president Madhur Deora as president, who is the current ECO of Paytm?
A. Vijay Shekhar Sharma B. Saurabh Jain C. Renu Satti D. Bipin Preet Answer: A

Q8. Three-time Oscar winner & triple BAFTA winner legendary Hollywood personality Richard Williams passed away. He was a
A. Animation Director B. Film Actor C. Music Composer D. Film Director Answer: A

Q9. To boost the chemical industry India's rst Central Institute of Chemical Engineering & Technology (CICET) will be set up in which state?
A. Maharashtra B. Karnataka C. Gujarat D. Delhi Answer: C

Q10. As per a recent order issued by Union Home Ministry, all Central Armed Police Forces (CAPFs) personnel will now retire at a uniform age of 60 years, what was retirement age earlier?
A. 50 years B. 52 years C. 55 years D. 56 years Answer: D

Q11. India have retained the International Cricket Council (ICC) Test Championship Mace as they secured the number one spot on the ICC Test Team Rankings, which of the following team has secured second place?
A. New Zealand B. Australia C. England D. South Africa Answer: A

Q12. President Ramnath Kovind has inaugurated the Bunker Museum in _______.
A. Maharashtra Raj Bhavan B. Bihar Raj Bhavan C. Odisha Raj Bhavan D. West Bengal Raj Bhawan Answer: A

Q13. Which of the following cities will host the 5 meetings of India-Nepal Joint Commission?
A. New Delhi B. Kathmandu C. Mumbai D. Chennai Answer: B

Q14. Noted social worker Damodar Ganesh Bapat passed away recently. He dedicated his life to the treatment and service of _____.
A. Malaria patients B. Encephalitis patients C. Blackwater fever patients D. Leprosy patients Answer: D

Q15. Who has been appointed as head coach of Indian men’s cricket team?
A. Sourabh Ganguly B. Sunil Gavaskar C. Rahul Dravid D. Ravi Shastri Answer: C

Q16. Where was World Junior Track Cycling Championships held?
A Paris B Frankfurt C Brussel D England Answer: B

Q17. Which district of Tamil Nadu will be divided into three districts?
A. Coimbatore B. Vellore C. Salem D. Tiruchirapalli Answer: B

Q18. Which state launched the flagship program ‘Village Volunteers System’ aimed at providing government services at doorsteps of people?
A. Tamil Nadu B. Kerala C. Andhra Pradesh D. Karnataka Answer: C

Q19. Who has been honored with Dr. A.P.J. Abdul Kalam Award in August 2019?
A. A S Kiran Kumar B. Dr. K. Radhakrishnan C. Shri G.Madhavan Nair D. Kailasavadivoo Sivan Answer: D

Q20. India has contributed _________to the United Nations Special Purpose Trust Fund for the Resident Coordinator System.
A. one million US Dollars B. two million US Dollars C. three million US Dollars D. four million US Dollars Answer: A

Q21. As per the recent announcement made by Commonwealth Games Federation which of the following game is/are included in the incoming Birmingham Commonwealth Game to be held in 2022, for the first time?
A. Women’s Twenty20 cricket, B. Beach volleyball C. Para-table tennis D. 50 overs cricket Answer: D

Q22. ICMR in collaboration with the World Health Organization and Ministry of Health and Family Welfare has decided to expand its India Hypertension Control Initiative (IHCI) across the country. What is the full form of the ICMR?
A. Indian Center for Medical Research B. Indian Council of Medical Research C. International Council of Medical Research D. Indigenous Council of Medical Research Answer: D

Q23. 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. Nepal Answer: B

Q24. Which of the following countries has unveiled ‘improved’ radar air defense system, called Falaq?
A. Afghanistan B. Pakistan C. Iran D. Iraq Answer: D

Q25. Registration opens for the for ‘PM Kisan Maan Dhan Yojana’ in which a monthly pension of Rs. 3000 will be provided to registered farmers on attaining the age of 60 years, which of the following institutions will its Pension Fund Manager and responsible for Pension payout?
A. Life Insurance Corporation of India (LIC) B. Employee Provident Fund Organization (EPFO) C. New India Assurance Company Limited (NIACL) D. Oriental India Insurance Company Limited (OICL) Answer: B

Banking Awareness September 2019 Quiz - 11th

Q1. Which insurance company has announced to dedicate the 6th day of every month as Protection Day?
A. Life Insurance Corporation (LIC) B. Birla Sun Life Insurance C. HDFC Life Insurance D. Aegon Life Insurance Company Answer: D

Q2. The difference between GDP and NDP equals:
A. Transfer payments B. Indirect Taxes C. Depreciation cost D. Taxes Answer: C

Q3. What does 'N' stands in 'NSFR' guidelines issued by RBI?
A. National B. Nominal C. Non D. Net Answer: D

Q4. On the recommendations of Y.M. Deosthalee committee, the Reserve Bank of India will set up a PCR, which will be an extensive database of credit information for India that will be accessible to all stakeholders. In ‘PCR’ what does ‘R’ stands for?
A. Ratio B. Registry C. Rating D. Reserve Answer: B

Q5. When there is high ination in the economy, how will it affect the supply of money in the economy?
A. No effect on the money supply B. Supply of money decreases C. Supply of money increases D. None of the above Answer: C

Q6. Under which of the following sections of the Banking Regulation Act,1949 does RBI issue guidelines on the maintenance of Statutory Liquidity Ratio (SLR)?
A. Section 24 B. Section 42 C. Section 26 D. Section 56 Answer: D

Q7. National Securities Depository Limited(NSDL) deals with:
A. Bearer Bonds B. Electronic shares C. Debentures D. GDRs Answer: B

Q8. In terms of Section 20(1) of the Banking Regulation Act, 1949, a bank cannot grant any loans and advances:
A. On the security of its own shares B. On security of privately held Companies C. On security of publicly held Companies D. All of the above Answer: A

Q9. Choose the components of broad money M3 among the followingQuestion 10
A. Cash in circulation with the public B. Cash in currency chests with RBI and Banks C. Credit availed by Central Government from RBI D. Currency in circulation, demand and time deposits with banks and post office saving deposits Answer: B

Q10. Which of the following Schemes is implemented for the development of the MSME sector?
A. Bharatmala Pariyojana B. Credit Linked Capital Subsidy Scheme C. Price Stabilization Fund scheme D. Ujjwala plus Answer: D

Q11. Which of the following sections of the Negotiable Instruments Act, 1881 is applicable for cases of dishonour of cheque?
A. Section 12 (A) B. Section 121 C. Section 131 (A) D. Section 138 Answer: B

Q12. Which of the following statements is correct about a ‘Stale Cheque’?
A. These cheques can only be deposited directly into a bank account and cannot be immediately cashed by a bank or any other credit institution. B. A cheque which a bank will not accept and exchange for money or payment because it was written more than a certain number of months ago. C. Check that cannot be processed because the writer has insufficient funds. D. Cheques which have been written by the maker, and dated at some point in the past. Answer: C

Q13. India's first International Financial Service Centre (IFSC) is located in ____.
A. Mumbai B. Delhi C. Gandhinagar D. Chennai Answer: D

Q14. Which among the following body determines interest rate on savings deposit?
A. RBI B. Department of Economic Affairs C. Cabinet committee on economic affair D. Bank’s Independent decision Answer: B

Q15. Which among the following is not a loan category of MUDRA loans?
A. Shishu B. Varun C. Kishor D. Tarun Answer: C

Q16. What does the Tobin tax refers to?
A. a levy on local bodies which do not utilize their funds properly B. a tax to prevent speculation in shares C. a tax to prevent speculation short-term currency speculation D. a tax on expenditure on luxury items Answer: A

Q17. Which of the following banks has launched DigiSmart credit card?
A. Standard Chartered Bank B. ABN Amro Bank C. Deutsche Bank D. HSBC Bank Answer: D

Q18. The Reserve Bank of India (RBI) has made it mandatory for banks to link all new oating-rate loans for housing, auto and MSMEs (Micro and Small Enterprises) to external benchmark rate. At present, interest rates on loans are linked to a bank’s _______.
A. Base Rate B. Benchmark Prime Lending Rate C. Repo Rate D. Marginal Cost of Lending Rate Answer: D

Q19. As per the latest data released by the RBI in June 2019, India's Forex Reserve has reached the highest ever valuation of how much amount?
A. $475.45 Billion B. $330.57 Billion C. $360.46 Billion D. $430.57 Billion Answer: B

Q20. 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

Q21. Which of the following institutions launched an Identity Check Express solution to secure the online transaction?
A. VISA B. Mastercard C. RBI D. NPCI Answer: C

Q22. As per Reserve Bank of India’s Bi-Monthly Monetary Policy the Reverse Repo Rate is reduced to ______ percent.
A. 5.00 B. 5.25 C. 5.15 D. 4.75 Answer: B

Q23. Which of the following organization has introduced a web-based application system for contribution from the Fund of Funds for Startups (FFS)?
A. IDBI B. SIDBI C. RBI D. SEBI Answer: C

Q24. What is the name of crypto currency recently launched by Facebook?
A. Dash B. Ripple C. Libra D. Monero Answer: B

Q25. According to the Union Budget 2019-20, by ____ every single rural family except those who are unwilling to take the connection, will have an electricity and a clean cooking facility.
A. 2024 B. 2022 C. 2023 D. 2021 Answer: B

Banking Awareness September 2019 Quiz - 10th

Q1. What is the currency of Thailand?
A. Baht B. Euro C. Rial D. Pound Answer: A

Q2. Manas Wildlife Sanctuary is located in which state of India?
A. Nagaland B. Tripura C. Arunachal Pradesh D. Assam Answer: D

Q3. Where is Tuticorin Port situated?
A. Andhra Pradesh B. Maharashtra C. West Bengal D. Tamil Nadu Answer: D

Q4. “Ukai” dam is in which state?
A. Maharashtra B. Gujarat C. Uttar Pradesh D. Bihar Answer: B

Q5. Iddukki dam is located in which state?
A. Kerala B. Karnataka C. Tamil nadu D. Odisha Answer: A

Q6. Salim Ali National Park is located in which state?
A. Jammu and Kashmir B. Goa C. Andaman and Nicobar D. Gujarat Answer: A

Q7. World Ozone Day observed every year on which date?
A. 10th Aug B. 16th Oct C. 16th Sept D. 10th Dec Answer: C

Q8. The Brahmaputra River is also known as ______ in Tibet.
A. Dihang River B. Padma River C. Yarlung Zangbo Jiangin River D. Yarlung Tsangpo River Answer: D

Q9. ‘Ankara’ is the capital of __________ .
A. Turkey B. Vietnam C. Uzbekistan D. Syria Answer: A

Q10. European Union headquarter located in which city?
A. Berlin B. Brussels C. Vienna D. Paris Answer: B

Q11. Mundra Thermal Power project is located in which state of India?
A. Jammu and Kashmir B. Gujarat C. Haryana D. Himachal Pradesh Answer: B

Q12. Which of the following awards is given for excellence in the field of cinema?
A. Kalidas Samman B. Dronacharya Award C. Arjuna Award D. Dada Saheb Phalke Award Answer: D

Q13. Which of the following cups/trophies is closely associated with the game of Hockey?
A. Merdeka Cup B. Wimbledon Trophy C. Ranji Trophy D. Agha Khan Cup Answer: D

Q14. Chameli Devi Jain Award is given in which of the following fields?
A. Cinema B. Journalism C. Science D. Literature Answer:B

Q15. Nuakhai festival is celebrated in which of the following states of India?
A. Assam B. Haryana C. Punjab D. Odisha Answer: D

Q16. The Snow Lion dance is performed in _______.
A. Haryana B. Sikkim C. Tripura D. Nagaland Answer: B

Q17. Which of the following Dance is most popular in Jammu and Kashmir?
A. Garbha B. Ghoomar C. Ghurehi D. Dumhal Answer: D

Q18. What is the capital of Brazil?
A. Quito B. Brasilia C. Suva D. Accra Answer: B

Q19. What is the Capital of Fiji?
A. Kiribati B. Suva C. Kampala D. Havana Answer: B

Q20. What is the currency of Lithuania?
A. Cedi B. Euro C. Ruble D. Yen Answer: B

Q21. The Hindi Journalism Day is celebrated on which day in India?
A. May 30 B. May 31 C. June 1 D. June 4 Answer: A

Q22. The World Hemophilia Day is observed on which of the following date?
A. April 10 B. April 18 C. April 17 D. April 12 Answer: C

Q23. Sipat Thermal Power Plant is located in which state of India?
A. Punjab B. Uttar Pradesh C. West Bengal D. Chhattisgarh Answer: D

Q24. In which of the following states is the Kolleru lake located?
A. Andhra Pradesh B. Chhattisgarh C. Assam D. Jharkhand Answer: A

Q25. The Mukurthi National Park is located in which of the following states of India?
A. Bihar B. Punjab C. Odisha D. Tamil Nadu Answer: D

Banking Awareness September 2019 Quiz - 9th

Q1. 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

Q2. Which of the following is not classified as a commercial bank?
A. Public sector bank B. Foreign bank C. Private sector bank D. Regional rural bank Answer: D

Q3. Which of the following is not the name of a Banking Institute/org?
A. HDFC B. ICICI C. Kotak D. SEBI Answer: D

Q4. 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

Q5. 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

Q6. Reserves which can act as a liquidity buffer for commercial banks during crisis times are–
A. CAR B. CRR C. CAR and CRR D. SLR Answer: D

Q7. What is the full form of EMI, related with economics/banking?
A. Equated Money Index B. Easy Money Installment C. Equated Monthly Installment D. Equal Monthly Installment Answer: C

Q8. Many times we read in newspaper about CASA deposits of banks. CASA deposits are-
A. Demand deposits B. Term deposits C. Hybrid deposits D. Recurring deposits Answer: A

Q9. NAV is related with investment field. What is the full form of NAV?
A. Net Annual Value B. Non Asset Value C. Net Actual Value D. Net Asset Value Answer: D

Q10. If Reserve Bank of India reduced the Bank Rate by 1%, what will be its impact on market?
A. Less liquidity in the market B. More liquidity in the market C. No change in the liquidity in the market D. Mobilization of more deposits by commercial-banks Answer: B

Q11. What is the term of chairman of National Bank For Agriculture And Rural Development (NABARD)?
A. 3 years B. 5 years C. 4 years D. 2 years Answer: A

Q12. Where is the headquarters of Bureau of International Settlement (BIS) located?
A. London, England B. Mumbai, India C. Basel, Switzerland D. New York, USA Answer: C

Q13. What is the minimum transaction value under Real Time Gross Settlement (RTGS)?
A. 10 lakh B. 2 lakh C. 3 lakh D. No minimum transaction value. Answer: B

Q14. What is 'C' in the CAMEL, which is used in banking sector?
A. Capital B. Cost C. Core D. Charge Answer: A

Q15. What is the full form of RBS?
A. Risk Based Supervision B. Rating By System C. Role Based supervision D. Rating Bank security Answer: A

Q16. Which of the following Act, contains definition of "Customer"?
A. Negotiable Instruments Act, 1881 B. Consumer Protection Act, 1986 C. Banking Regulation Act, 1949 D. KYC Guidelines Answer: D

Q17. Which of the following organization provide Insurance cover for bank deposits in India?
A. SBI B. Government C. RBI D. DICGC Answer: D

Q18. Which of the following is not a Banking Organizations?
A. HDFC B. IDBI C. YES D. SEBI Answer: D

Q19. In which month, Union Budget is always presented?
A. January B. March C. April D. February Answer: D

Q20. How many digits are there in Universal Account Number?
A. 10 B. 11 C. 20 D. 12 Answer: D

Q21. On which river is the Tehri Dam constructed ?
A. Son B. Gandak C. Chambal D. Bhagirathi Answer: D

Q22. Which type of account is suitable for those who can save regularly and expect to earn a fair return on the deposits over a period of time ?
A. Fixed Deposit Accounts B. Regular Deposit Account C. Recurring Deposit Account D. Investment Deposit Accounts Answer: C

Q23. Which of the following explanation to ATM categories, does not match -
A. Network ATM - which is connected to some ATM network B. Offsite ATM - which is not connected to data base of the bank C. Onsite ATM - the ATM which is within/outside the branch premises D. Standalone ATM - the ATM which is not connected to any ATM network Answer: B

Q24. Which was the first Development Financial Institution of India ?
A. Industrial Finance Corporation of India B. National Housing Bank C. Small Industries Development Bank of India D. Export - Import Bank of India Answer: A

Q25. The first mutual funds were established in which country?
A. Asia B. Australia C. USA D. Europe Answer: D

Banking Awareness September 2019 Quiz - 8th

Q1. In which year, Marginal Standing Facility (MSF) was introduced?
A. 2010 B. 2011 C. 2012 D. 2013 Answer: B

Q2. In which year, Liquidity adjustment facility was introduced?
A. 2000 B. 2001 C. 2003 D. 2005 Answer: A

Q3. In which of the following section, Bank rate is defined in the RBI Act of 1934 as the ‘standard rate at which RBI is prepared to buy or rediscount bills of exchange or other commercial papers eligible for purchase?
A. Section 50 B. Section 49 C. Section 34 D. Section 54 Answer: B

Q4. In which year, The National Housing Bank (NHB) was established to promote private real estate acquisition?
A. 1980 B. 1988 C. 1990 D. 1995 Answer: B

Q5. The Payment and Settlement Systems Act of __________ gives the Reserve Bank oversight authority, including regulation and supervision, for the payment and settlement systems in the country.
A. 2001 B. 2005 C. 2007 D. 2010 Answer: C

Q6. Where is the headquarters of the International Finance Corporation (IFC) located?
A. Washington DC B. New York C. Geneva D. The Hague Answer: A

Q7. The IDA is a member of the World Bank Group and is headquartered in _______.
A. Washington DC B. New York C. Geneva D. The Hague Answer:A

Q8. The IBRD is the first of five member institutions that compose the World Bank Group, and is headquartered in __________.
A. Washington DC B. New York C. Geneva D. The Hague Answer: A

Q9. What is the full form of IBRD?
A. International Bank for Reconstruction and Development B. International Bank for Refinance and Development C. International Bank for Reconstruction and Design D. International Bank for Refinance and Design Answer: A

Q10. What is the full form of MIGA?
A. Multi Investment Guarantee Agency B. Multilateral Investment Guarantee Association C. Multiface Internal Guarantee Agency D. Multilateral Investment Guarantee Agency Answer: D

Q11. What is the term of chairman of National Bank For Agriculture And Rural Development (NABARD)?
A. 3 years B. 5 years C. 4 years D. 2 years Answer: A

Q12. Where is the headquarters of Bureau of International Settlement (BIS) located?
A. London, England B. Mumbai, India C. Basel, Switzerland D. New York, USA Answer: C

Q13. What is the minimum transaction value under Real Time Gross Settlement (RTGS)?
A. 10 lakh B. 2 lakh C. 3 lakh D. No minimum transaction value. Answer: B

Q14. What is 'C' in the CAMEL, which is used in banking sector?
A. Capital B. Cost C. Core D. Charge Answer: A

Q15. What is the full form of RBS?
A. Risk Based Supervision B. Rating By System C. Role Based supervision D. Rating Bank security Answer: A

Q16. Which of the following Act, contains definition of "Customer"?
A. Negotiable Instruments Act, 1881 B. Consumer Protection Act, 1986 C. Banking Regulation Act, 1949 D. KYC Guidelines Answer: D

Q17. Which of the following organization provide Insurance cover for bank deposits in India?
A. SBI B. Government C. RBI D. DICGC Answer: D

Q18. Which of the following is not a Banking Organizations?
A. HDFC B. IDBI C. YES D. SEBI Answer: D

Q19. In which month, Union Budget is always presented?
A. January B. March C. April D. February Answer: D

Q20. How many digits are there in Universal Account Number?
A. 10 B. 11 C. 20 D. 12 Answer: D

Q21. Which of the following is the wrong pair of banks and their headquarters?
A. IDBI Bank - Mumbai B. Indian Bank - Chennai C. Indian Overseas Bank - Mumbai D. ICICI Bank - Mumbai Answer: C

Q22. Which of the following is the wrong pair of banks and their headquarters?
A. Allahabad Bank - Kolkata B. Andhra Bank - Hyderabad C. Bank Of Baroda - Mumbai D. Bank Of India - Mumbai Answer: C

Q23. “Prosperity For All” is the tagline of which of the following bank?
A. Dena Bank B. ICICI Bank C. Corporation Bank D. Bank of India Answer: C

Q24. Basel is situated in which of the following country?
A. Japan B. America C. Switzerland D. Russia Answer: C

Q25. The World Bank was created at the 1944 Bretton Woods Conference along with the ______.
A. Reserve Bank of India B. International Bank of Settlement C. International Monetary Fund D. American Bank Answer: C

Banking Awareness September 2019 Quiz - 7th

Q1. Which country topped in the list of money parked by its citizens with Swiss banks by the end of 2018?
A. US B. India C. UK D. West Indies Answer: C

Q2. According to the recent report released by the IHS Markit, India will overtake the UK to become the world's fth largest economy in 2019 and projected to surpass Japan to feature at the second position in the Asia-Pacic region by ______.
A. 2022 B. 2023 C. 2024 D. 2025 Answer: D

Q3. Recently, the Government of India relaxed the Angel Tax Norms for Start-ups and enhanced the investment limit to ____.
A. Rs 35 crore B. Rs 25 crore C. Rs 12 crore D. Rs 20 crore Answer: B

Q4. India took over the Chairmanship of the Kimberley System Certication Scheme (KPCS) from January 2019, which is also known as Kimberly Process. It is related with which of the following?
A. Gold B. Diamond C. Silver D. Uranium Answer: B

Q5. Under the Insolvency and Bankruptcy Code, 2016, what is the minimum default required for initiating insolvency resolution procedure in case of individual defaulters and unlimited partnerships?
A. Rs 1,000 B. Rs 2,000 C. Rs 15,000 D. Rs 10,000 Answer: A

Q6. Which of the following section of Reserve Bank of India Act, 1934 enacted on 6 March 1934, deals with the functioning of the central bank?
A. Section 3 B. Section 7 C. Section 17 D. Section 18 Answer: C

Q7. Payments Banks are established as per the guidelines issued by the Reserve Bank of India. Which of the following are incorrect regarding the payment banks?
A. These banks can able to operate current accounts and saving accounts. B. They can issue ATM or Debit cards, Net Banking and Mobile Banking facilities. C. These banks can take maximum ₹1 lakh per customer as deposit D. They can provide lending services such as loans and credit cards Answer: D

Q8. Elaborate CIRP
A. Corporation Insolvency resolution Process B. Corporate Insolvency resolution Process C. Company Insolvency resolution Process D. Comprehensive Insolvency resolution Process Answer: B

Q9. Narrow Money, a term in monetary aggregates, is denoted by ____.
A. M2 and M1 B. M4 and M3 C. M1 and M3 D. M0 and M1 Answer: D

Q10. 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

Q11. ATM that is owned and managed by non-banking entities hoping to cut transaction for banks are known as________
A. Black Label ATM B. White Label ATM C. Off-site ATM D. Red Label ATM Answer: B

Q12. Motor Vehicles (Amendment) Bill 2019 focuses on ___.
A. using CNG by all vehicles B. enforcing stricter penalties for road traffic violations C. ensuring safety of women while driving D. banning old diesel vehicles Answer: B

Q13. The Union Budget 2019-20 has proposed to enhance surcharge on individuals having taxable income from 2 crore to 5 crore by ____.
A. 2% B. 3% C. 4% D. 5% Answer: B

Q14. Who among the following has been appointed as the MD-CEO of LIC Housing Finance?
A. Anshula Kant B. Manoj Kumar Nambiar C. Siddhartha Mohanty D. Atanu Chakraborty Answer: C

Q15. What is the maximum remittance amount permissible under the Liberalized Remittance Scheme?
A. USD 250,000 per financial year B. USD 100,000 per financial year C. USD 500,000 per financial year D. USD 750,000 per financial year Answer: A

Q16. No company shall carry on banking business in India, unless it holds a license issued in that behalf by:
A. Finance Ministry B. Indian Banks’ Association C. Reserve Bank of India D. Government of India Answer: C

Q17. Which of the following can not be a part balance of Trade?
A. Value of country’s total import B. Expenditure made by tourists C. value of dividends of assets D. Both B and C Answer: D

Q18. In Indian constitution, which article refers Union Budget of India as the Annual Financial Statement?
A. Art 110 B. Art 111 C. Art 112 D. Art 117 Answer: C

Q19. The objective of the Capital market operations is ______:
A. To raise funds from the public with the aim to put the investor’s wealth to productive long-term use B. To raise the value of a country’s currency C. To search for the best price of capital goods D. All the above Answer: A

Q20. IOSCO is an international standard setter for Security Markets. What is the expanded form of IOSCO?
A. Indian Organization on Securities Commissions B. International Organization of Securities Committee C. International Organization of Securities Commissions D. Indian Organization of Securities Committee Answer: C

Q21. Transition process of Exchange from mutually owned association to a company is called:
A. Corporatization of Stock Exchange B. Recognition of Stock Exchange C. Demutualization of Stock Exchange D. Liquidation of Stock Exchange Answer: C

Q22. Who has been appointed as new Finance Secretary of India?
A. Atanu Chakraborthy B. Krishnamurthy Subramanian C. Rajiv Kumar D. Girish Chandra Murmu Answer: C

Q23. Under Whose Chairmanship, the Reserve Bank of India (RBI) has constituted a ve-member high-level committee to encourage digitization of payments, increase nancial inclusion and improve digital payments?
A. Nandan Nilekani B. Mr. H.R. Khan C. Aruna Sharma D. Sunil Mehta Answer: A

Q24. Which of the following state has got USD 147 million loans from World Bank to improve the management capacity of the urban local bodies (ULBs) in the state?
A. Bihar B. Jharkhand C. Madhya Pradesh D. Tamil Nadu Answer: B

Q25. Which of the following countries hosted the G-20 Finance Ministers and Central Bank Governors’ meeting?
A. Fukuoka, Japan B. Beijing, China C. New Delhi, India D. Sydney, Australia Answer: A

Banking Awareness September 2019 Quiz - 6th

Q1. The Wancho Dance is a folk dance of which of the following states?
A. Bihar B. kolkata C. Chhattisgarh D. Arunachal Pradesh Answer: D

Q2. Which of the following minister represents Pilbhit, Uttar Pradesh constituency in 17th Lok Sabha?
A. Ram Shankar Katheria B. Uma Bharati C. Shyama Charan Gupta D. Varun Gandhi Answer: D

Q3. What is the capital of Belgium?
A. Brussels B. Cape town C. Bridgetown D. Roseau Answer: A

Q4.What is the currency of Cyprus?
A. Dinar B. Euro C. Rial D. Peso Answer: B

Q5. As per the Census, 2011 the child sex ratio (0-6 years) has shown a decline from 927 females per thousand males in 2001 to ____ females per thousand males in 2011.
A. 927 B. 934 C. 919 D. 910 Answer: C

Q6. Wellington Trophy is associated with which sports?
A. Bridge B. Rowing C. Chess D. Hockey Answer: B

Q7. In which of the following states is the Dimapur airport located?
A. Tripura B. Bihar C. Assam D. Nagaland Answer: D

Q8. Lal Bahadur Shastri International Airport is located in which state?
A. Patna, Bihar B. Jaipur, Rajasthan C. Varanasi, Uttar Pradesh D. Nagpur, Maharashtra Answer: C

Q9. Holkar cricket stadium is located in which state?
A. Madhya Pradesh B. Andhra Pradesh C. Tamil Nadu D. Maharashtra Answer: A

Q10. The headquarters of the International Maritime Organization (IMO) is located in ____.
A. Vienna B. London C. Tokyo D. Oslo Answer: B

Q11. On which of the following rivers, Nagarjuna Sagar Dam is built upon?
A. Kaveri B. Mahanadi C. Tungbhadra D. Krishna Answer: D

Q12. Lasith Malinga is a famous player associated with the game of –
A. Hockey B. Badminton C. Lawn Tennis D. Cricket Answer: D

Q13. “Korba” Super Thermal Power Plant is situated in ___.
A. Gujarat B. Madhya Pradesh C. Maharashtra D. Chhattisgarh Answer: D

Q14. The book “The Accidental Prime Minister” has been authored by ___.
A. Brijesh Mishra B. Shyam Saran C. Naina Lal Kidwai D. Sanjaya Baru Answer: D

Q15. Krishna Wildlife Sanctuary is located in which of the following State?
A. Maharashtra B. Madhya Pradesh C. Andhra Pradesh D. Bihar Answer: C

Q16. On which of the following days World Liver Day observed?
A. 14th March B. 16th May C. 9th March D. 19th April Answer: D

Q17. Pulitzer Prize is given in the field of ______.
A. Journalism B. Sports C. Medicine D. Music Answer: A

Q18. On which of the following rivers is the Tehri Dam constructed?
A. Son B. Gandak C. Chambal D. Bhagirathi Answer: D

Q19. The annual festival of worship of 14 Gods, popularly known as Kharchi Puja was celebrated in ___.
A. Andhra Pradesh B. Tamil Nadu C. Tripura D. Assam Answer: C

Q20. European Union headquarter located in which city?
A. Berlin B. Brussels C. Vienna D. Paris Answer: B

Q21. The Sangai Festival is organized in __:
A. Assam B. Manipur C. Mizoram D. Nagaland Answer: B

Q22. The International Day against Nuclear Tests is being observed every year on _____.
A. 10th March B. 15th June C. 25th July D. 29th August Answer: D

Q23. Tarapur Atomic Power Station is located in which state of India?
A. Maharashtra B. Bihar C. West Bengal D. Odisha Answer: A

Q24. In which city is the Sheikh Zayed Stadium, which is a cricket ground, located?
A. Abu Dhabi, UAE B. Dubai, UAE C. Karachi, Pakistan D. Lahore, Pakistan Answer: A

Q25. What is the currency of Spain?
A. Dollar B. Pound C. Peseta D. Euro Answer: D

Q26. 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

Q27. 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

Q28. Which of the following is not the name of a Banking Institute/org.?
A. HDFC B. ICICI C. Kotak D. SEBI Answer: D

Q29. 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

Q30. 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

Banking Awareness September 2019 Quiz - 5th

Q1. Fast bowler Jasprit Bumrah has become the third Indian to claim a hat-trick in Test cricket during the second Test against West Indies at Sabina Park. Who was the first Indian to achieve the feat in the longest format of the game?
A. Kapil Dev B. Zaheer Khan C. Harbhajan Singh D. Javagal Srinath Answer: C

Q2. Who is the author of the book “A Short History of Indian Railways”?
A. Philip Roth B. Rajendra B Aklekar C. Pavan C Lall D. Ismail Kadare Answer: B

Q3. Noted personality ‘Dayanidhi Nayak’ passed away recently. He was related to which field?
A. Politician B. Film Actor C. Freedom Fighter D. Sportsman Answer: C

Q4. Who among the following has won the Men’s Single title in the Roger Cup 2019?
A. Roger Federer B. Rafael Nadal C. Novak Djokovic D. Dominic Thiem Answer: B

Q5. Japan suffered two nuclear attacks by the United States at the end of World War II, 1st at Hiroshima and the second was at____.
A. Yokohama B. Osaka C. Tokyo D. Nagasaki Answer: D

Q6. In which of the following states world’s first ultra-fast hyperloop project will come?
A Haryana B Gujarat C Maharashtra D Karnataka Answer: C

Q7. For the welfare of the girl child, ‘Vhali Dikri Yojna’ has been launched by which of the following states?
A. Maharashtra B. Goa C. Gujarat D. Rajasthan Answer: C

Q8. Human Resources Development Minister, Ramesh Pokhriyal Nishank has inaugurated the Technology Expo at which of the following institutions?
A. IIT Mumbai B. IIT Delhi C. IIT Kanpur D. ISC Bangalore Answer: B

Q9. Bhakti Kulkarni is related to which sports?
A. Hockey B. Chess C. Badminton D. Lawn Tennis Answer: B

Q10. Which city has been named as the world’s best city for students according to the ‘QS Best Student Cities Ranking 2019’?
A. Tokyo B. New Delhi C. Melbourne D. Paris Answer: D

Q11. Who has become the rst cricketer of either gender to reach the rare milestone of scoring 1000 runs and taking 100 wickets in the T20 format?
A. Shakib al Hasan B. Rohit Sharma C. Mithali Raj D. Ellyse Perry Answer: D

Q12. Which of the following states has received the geographical indication tag for the sweet Rosogolla?
A. Odisha B. Assam C. Kerala D. Telangana Answer: A

Q13. Who has been appointed Home Secretary of United Kingdom?
A. Philip Hammond B. Dominic Raab C. Priti Patel D. Boris Johnson Answer: C

Q14. Who has been appointed United States 27 Secretary of Defence?
A. Mark Esper B. Richard V Spencer C. Patrick M Shanahan D. Jim Mattis Answer: A

Q15. As per Global Innovation Index (GII) ranking report, what is India’s ranking in the global innovation index 2019?
A. 52nd B. 53rd C. 54th D. 51st Answer: A

Q16. Who has been appointed as the Indian Ambassador to Israel?
A. Upender Singh Rawat B. Ashok Kumar C. Rakesh Sahay D. Sanjeev Kumar Singla Answer: D

Q17. Which of the following state’s Startup Mission will host the Women Startup Summit?
A. Uttar Pradesh Startup Mission B. Kerala Startup Mission C. Punjab Startup Mission D. West Bengal Startup Mission Answer: B

Q18. Who has been appointed as the new Governor of Gujarat?
A. Anusaiya Uikey B. Vinod Duggal C. Acharya Devvrat D. Kalraj Mishra Answer: C

Q19. Which of the following Municipal Corporation has launched India’s first garbage cafe?
A. Municipal Corporation of Patna B. Municipal Corporation of Ahmedabad C. Municipal Corporation of Surat D. Municipal Corporation of Ambikapur Answer: D

Q20. Who among the following Indian sprinter has won the 200m gold medal at the 2019 Tabor Athletics Meet in Czech Republic?
A. Hima Das B. Dutee Chand C. Seema Antil D. Harwant Kaur Answer: A

Q21. Which of the following space agencies has launched an all-sky-survey satellite, Spektrum-Rontgen-Gamma (Spektr-RG)?
A. European Space Agency B. China National Space Administration C. Roscosmos D. National Aeronautics and Space Administration Answer: C

Q22. Who has won the Formula British Grand Prix 2019?
A. Sebastian Vettel B. Max Verstappen C. Lewis Hamilton D. Fernando Alonso Answer: C

Q23. The book ‘War over Words: Censorship in India, 1930-1960’ is written by _____.
A. Anita Desai B. Olive Schlieden C. A Surya Prakash D. Devika Sethi Answer: D

Q24. Which of the following cities hosted the second India-Russia Strategic Economic Dialogue?
A. New Delhi B. Mumbai C. Kolkata D. Ranchi Answer: A

Q25. Who has won the 2019 CONCACAF Gold Cup?
A. Panama B. Canada C. Mexico D. Guyana Answer: C

Q26. Where is the headquarters of Asian Development Bank is located?
A. Vienna, Austria B. Beijing, China C. Manila, Philippines D. Shanghai, China Answer: C

Q27. With which of the following bank, Indian Bank will be merged to become the 7th largest public sector bank?
A. Corporation Bank B. Andhra Bank C. Syndicate Bank D. Allahabad Bank Answer: D

Q28. Which of the following bank has opened MSME CPC (centralised processing centre) in Chennai, recently?
A. Indian Bank B. Axis Bank C. Kotak Mahindra Bank D. State Bank of India Answer: A

Q29. What amount RBI has given to the Central government to revive the economy?
A. 1.5 Lakh crores B. 1.75 Lakh crores C. 1.76 Lakh crores D. 1.8 Lakh crores Answer: C

Q30. What term is used for maximum capital, which the company can raise in its life span?
A. Authorized Capital B. Registered Capital C. Nominal capital D. All of them Answer: D

Q31. Which private sector lender joined hands with standard Chartered BAnk for co-branded credit cards?
A. Axis Bank B. Bandhan Bank C. IDBI Bank D. Kotak Mahindra Bank Answer: B

Q32. Transactions of Up to RBI allows recurring transactions up to ________ on cards from September 1.
A. 4600 B. 2500 C. 2000 D. 3400 Answer: C

Q33. Which of the following bank is the oldest Public Sector Bank in India?
A. Allahabad Bank B. Punjab National Bank C. State Bank of India D. Indian Overseas Bank Answer: A

Q34. Which of the following bank has launched India's first health-focused credit card?
A. HDFC Bank B. RBL Bank C. ICICI Bank D. Axis Bank Answer: B

Q35. Where is the headquarters of World Intellectual Property Organization located?
A. Vienna, Austria B. Beijing, China C. Geneva, Switzerland D. Shanghai, China Answer: C

Banking Awareness September 2019 Quiz - 4th

Q1. Lal Bahadur Shastri International Airport is located in which state?
A. Patna, Bihar B. Jaipur, Rajasthan C. Varanasi, Uttar Pradesh D. Nagpur, Maharashtra Answer: C

Q2. In which state Shirui Lily Festival 2018 was celebrated?
A. Odisha B. West Bengal C. Manipur D. Kerala Answer: C

Q3. Raja Bhoj Airport is located in which of the following cities?
A. Indore B. Bhopal C. Dumna D. Gwalior Answer: B

Q4. The famous ‘Bisket Jatra’ festival marks the beginning of a new year for which of the following countries?
A. Bhutan B. Nepal C. Bangladesh D. China Answer: B

Q5. ‘Srisailam Dam’ is located in which state?
A. Andhra Pradesh B. Tamilnadu C. Karnataka D. Maharashtra Answer: A

Q6. Jolly Grant Airport is located in which state of India?
A. Guwahati, Assam B. Kozhikode, Kerala C. Dehradun, Uttarakhand D. Bengaluru, Karnataka Answer: C

Q7. On which of the following dates is the World Wildlife Day observed?
A. February 27 B. February 28 C. March 2 D. March 3 Answer: D

Q8. In which of the following states, is the Sawai Mansingh Stadium situated?
A. Punjab B. Haryana C. Madhya Pradesh D. Gujarat Answer: D

Q9. Bhimbandh Wildlife Sanctuary is located in which of the following State?
A. Punjab B. Gujarat C. Bihar D. Chhattisgarh Answer: B

Q10. The Sariska National Park is located at which of the following states of India?
A. Bihar B. Assam C. Rajasthan D. Punjab Answer: B

Q11. Gwalior city is situated on the bank of which river?
A. Chambal B. Rapti C. Gomti D. Narmada Answer: A

Q12. Which of the following countries is not a part of the Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC)?
A. Bhutan B. Sri Lanka C. India D. Indonesia Answer: D

Q13. In which year India join the Shanghai Cooperation Organisation as a full member?
A. 2010 B. 2017 C. 2018 D. 2008 Answer: B

Q14. Term 'Gambit' is associated with which of the following sports?
A. Basketball B. Chess C. Boxing D. Golf Answer: B

Q15. Which of the following awards relates to Journalism?
A. Kalinga Award B. Pulitzer Prize C. Bourlog Award D. Arjuna Award Answer: B

Q16. What is the capital of Ukraine?
A. Pyongyang B. Kyiv C. Yerevan D. Bangui Answer: B

Q17. Rangaswami Cup is associated with which sports?
A. Wrestling B. Football C. Hockey D. Golf Answer: C

Q18. Which one of the following ancient monuments in Delhi is not a world heritage Monument?
A. Red Fort B. Jantar Mantar C. Humayun’s Tomb D. Qutub Minar Answer: B

Q19. What is the currency of Uruguay?
A. Ringgit B. Togrog C. Naira D. Ruble Answer: A

Q20. Mahanadi river originates in which among the following states of India?
A. Chattisgarh B. Odisha C. Manipur D. Assam Answer: D

Q21. What is the currency of Thailand?
A. Baht B. Euro C. Rial D. Pound Answer: A

Q22. The book ‘Hit Refresh’ has been authored by ____.
A. Satya Nadella B. Manoj Panday C. Sharat Chand D. Alok Bhattacharyya Answer: A

Q23. Kamarajar Port is situated in which state of India ?
A. Odisha B. Andhra Pradesh C. Tamil Nadu D. Kerala Answer: C

Q24. Salim Ali National Park is located in which state?
A. Jammu and Kashmir B. Goa C. Andaman and Nicobar D. Gujarat Answer: A

Q25. World Ozone Day observed every year on which date?
A. 10th Aug B. 16th Oct C. 16th Sept D. 10th Dec Answer: C

Banking Awareness September 2019 Quiz - 3rd

Q1. 'NPA' in banking terminology denotes:
A. New Para-banking Assets B. Net Profitable Assets C. Net Performing Assets D. Non-Performing Assets Answer: D

Q2. What does the letter P denote in the term 'PAN', issued by the Income Tax Department?
A. Provisional B. Private C. Personal D. Permanent Answer: D

Q3. “The face value of the bond increases in line with inflation” is called:
A. Fixed-Rate Bonds B. Floating Rate Bonds C. Zero-Coupon Bonds D. Capital Indexed Bonds Answer: D

Q4. When did Government of India set up the Insolvency and Bankruptcy Board of India (IBBI)?
A. November 1, 2016 B. July 1, 2016 C. October 1, 2016 D. June 1, 2016 Answer: C

Q5. Which one among the following options correctly best explains the meaning of ‘Insolvency’?
A. The legal status of firm or individual who is unable to meet its debt obligations B. A bank not able to recover its due from borrowers C. An economy not able to recover from a recession D. The inability of an entity to pay its bills as and when they become due. Answer: D

Q6. What is SWIFT?
A. National messaging system B. A system to transmit financial messages between banks globally C. National RTGS system of India D. The system managed by a large corporate house in Hong Kong. Answer: B

Q7. Loans of very small amounts given to low-income groups are called___.
A. Cash credit B. Micro credit C. Simple overdraft D. No fulls loans Answer: B

Q8. Through which of the following payment interfaces does the user make payment by scanning a code from his/her phone at the merchant's outlet?
A. Bharat QR B. Mvisa C. Paytm QR D BPAY QR Answer: D

Q9. 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 the same business Answer: D

Q10. What is an Adjustable-Rate Mortgages (ARMS)?
A. The initial interest rate is normally fixed for a period of time after which it is reset periodically, often every month. B. It is an accounting term that refers to the process of allocating the cost of an intangible asset over a period of time. C. Waiver of the last installment of a loan for timely payment D. All the above Answer: A

Q11. What purpose does the MICR number, which is present on a cheque, serve?
A. It is used to identify the genuineness of the cheque B. It is used to identify the bank branch C. It is nothing but a type of cheque number D. Both (a) and (b) Answer: D

Q12. Under PSL, Foreign Bank having branches less than 20 In India are required to maintain the target of 40 %, which is to be achieved in a phased manner by_____.
A. 2020 B. 2022 C. 2019 D. 2025 Answer: A

Q13. The Rate at which the domestic currency can be converted into foreign currency and vice-versa is known as the _________
A. Exchange Rate B. MIBOR C. Interbank Call money rate D. Base Rate Answer: A

Q14. The benefit of Pradhan Mantri Karam Yogi Maandhan Scheme has been extended to retail traders & small shopkeepers whose annual turnover is less than ____.
A. 1 crore B. 1.5 crore C. 2 crore D. 2.5 crore Answer: B

Q15. NGO Darpan Portal is maintained by
A. NITI Aayog B. Ministry of Social Justice & Empowerment C. Ministry of Women & Child Development D. Ministry of Finance Answer: A

Q16. Which of the following is not a type of Money Market?
A. Call Money B. Term Money C. Notice Money D. Narrow Money Answer: D

Q17. Which of the following is not a foreign source for raising funds in the Capital market?
A. Foreign Direct Investment B. American Depositary Receipts C. Foreign Currency Convertible Bonds D. Global Depositary Receipt Answer: D

Q18. What are Angel Investors?
A. One who Invest in business, targeted on marginal return throughout the tenure B. One who invests in a business where he is looking for a higher value of return than possible from traditional market investment. C. One who Invest in venture Capital based organization. D. One who invest in SIP. Answer: B

Q19. With respect to e-Kuber, consider the following statements:
i. It is the Core Banking Solution of Reserve Bank of India. ii. It provides the provision of a multiple current accounts for each bank across the country, with decentralized access to these accounts from anywhere-anytime using portal-based services in a safe manner. iii. It supports auction of Government securities Which of the statements given above is/are correct? A. I only B. I, ii and iii C. ii only D. I and iii Answer: D

Q20. Elaborate CIRPA One who Invest in business, targeted on marginal return throughout the tenure
A. Corporation Insolvency resolution Process B. Corporate Insolvency resolution Process C. Company Insolvency resolution Process D. Comprehensive Insolvency resolution Process Answer: B

Q21. The ratio of a bank’s cash holdings to its total deposit liabilities is called the:
A. Minimum Reserve ratio B. Statutory Liquidity ratio C. Variable Reserve ratio0 D. Cash Reserve ratio Answer: D

Q22. Present value is calculated byQuestion 23
A. Discounting rate B. Compounding rate C. Inflation rate D. deflation rate Answer: A

Q23. What is MCX-SX?
A. Stock Exchange B. Nuclear Submarine C. Kind of Super Computer D. Space Research Programme of ISRO Answer: A

Q24. The Reserve Bank of India set how much percent base rate for Non-Banking Financial Companies (NBFCs) and Micro Finance Institutions (MFIs) to be charged from their customers?
A. 6.05% B. 9.18% C. 4.51% D. 5.81% Answer: B

Q25. Which bank launched digital banking platform ‘InstaBIZ’ for MSMEs?
A. ICICI Bank B. Axis Bank C. HDFC Bank D. Yes Bank Answer: A

Banking Awareness September 2019 Quiz - 2nd

Q1. The decimal system of note and coin issue was started in India in______-.
A. 1950 B. 1947 C. 1957 D. 1960 Answer: C

Q2. Which of the following methods is currently used in India to issue note?
A. Percentage Reserve System B. Fixed Fiduciary System C. Minimum Reserve System D. Proportional Reserve System Answer: C

Q3. From 25th September 1975, Rupee was de-linked from pound sterling and was linked to________.
A. US Dollar B. Basket of Currencies C. Gold D. Dinar Answer: B

Q4. Who among the following is the responsible person to decide the quantity of the coins to be minted?
A. The Government of India B. SEBI C. RBI D. None of these Answer: A

Q5. On 1st March, 1992, Reserve Bank of India announced a new system of exchange rates known as_______.
A. Partial Convertibility B. Liberalized Exchange rate system C. Both A and B D. None of these Answer:C

Q6. How much cash can payment be made to the beneficiary in India under MTSS?
A. Rs 2, 00,000 B. Rs 50,000 C. Rs 1, 00,000 D. Rs 10,000 Answer: B

Q7. BFS stands for-
A. Board for First Supervision B. Bureau for Financial Supervision C. Board for Financial Supervision D. Board for Financial System Answer: A

Q8. Which of the following is / are used in the loan approval processes ?
A. Credit Information Report (CIR) B. CIBIL Score C. Both (a) & (b) D. STRIPS Answer: C

Q9. What is the initial capital amount to start small Finance Banks?
A. 100 Crore B. 200 crore C. 500 crore D. 1000 crore Answer: A

Q10. Which of the following is not regulated by Reserve Bank of India unlike other banks in India ?
A. State Bank of Sikkim B. ICICI C. IDBI D. Axis Answer: A

Q11. Which of the following is correct-?
A. Reserve Bank of India Act, 1935 B. Reserve Bank of India Act, 1934 C. Reserve Bank of India Act, 1930 D. Reserve Bank of India Act, 1921 Answer: B

Q12. How many codes are there in SWIFT code?
A. 8 B. 11 C. 7 D. Both (B) and (C) Answer: D

Q13. Which of the following is merged with SEBI?
A. CRISIL B. NABARD C. FMC D. CIBIL Answer: C

Q14. Management of RBI consists of (Regarding Governor and Deputy Governors)-
A. One Governor and not more than four Deputy Governors B. Two Governor and not more than four Deputy Governors C. One Governor and not more than three Deputy Governors D. Four Governors and not more than one Deputy Governor Answer: A

Q15. The Heas Quarters of Society for Worldwide Interbank Financial Telecommunication (SWIFT) is located in ?
A. Bern, Switzerland B. La Hulpe, Belgium C. Geneva, Switzerland D. New York, USA Answer: B

Q16. Which Bank has launched ‘Mera Imobile’ app for rural customers?
A. ICICI Bank B. Axix Bank C. HDFC Bank D. Yes Bank Answer: A

Q17. Which Country’s bank is VTB bank?
A. France B. China C. Russia D. Denmark Answer: C

Q18. What is the upper limit of RTGS transactions in India?
A. Rs. 20 lacs B. Rs. 10 lacs C. Rs. 50 lacs D. No Limit Answer: D

Q19. Recently, who has been appointed as a Whole- Time Member of Security and Exchange Board of India?
A. BP Kanungo B. Dharmesh Shukla C. Nandita Sahni D. Madhabi Puri Buch Answer: D

Q20. In which Year Punjab National Bank was established?
A. 1880 B. 1894 C. 1887 D. 1900 Answer: B

Q21. Who is appointed as part -time Chariman of the Catholic Syrian bank?
A. Usha Anantasubramanian B. R. Subramanium C. T N Manoharan D. T S Anantharaman Answer: D

Q22. In India, National income is estimated by?
A. Planning Commission B. Inidan statistical Institute C. Central Statistical Office D. National Sample Survey Answer: C

Q23. Which bank has the tagline “ Your Tech – Friendly Bank”?
A. UCO Bank B. Indian Bank C. Oriental Bank of Commerce D. Indian Bank Answer: D

Q24. Which of the following does not correctly describe NABARD?
A. It is an apex development bank B. Its headquarters is based in New Delhi C. It was established in 1982 by a special act by the parliament D. It is active in developing financial inclusion policy Answer: B

Q25. What is the standard weight in which gold is quoated in the international market?
A. Ounce B. Gram C. Troy ounce D. Grain Answer: A

Banking Awareness September 2019 Quiz - 1st

Q1. An account that allows you to buy, sell as well as transact without any paper is :
A. Salary Account B. Current Account C. Savings Account D. Demat Account Answer: D

Q2. Which of the following is NOT banking related terms?
A. SME Finance B. Overdrafts C. Drawing power D. Equinox Answer: D

Q3. Which of the following terms is not used in the field of banking and finance?
A. Overdrafts B. Base line C. RTGS D. GBC Answer: D

Q4. NABARD was estavlished on the recommendations of
A. Rangarajan Committee B. Lodha Panel C. Shivaraman Committee D. None of these Answer: C

Q5. Bad Loans in banking terminology are generally known asP_
A. Prime loans B. Prime asset C. BPOs D. NPAs Answer: D

Q6. The head of the SBI is designted as :
A. Executive director B. Governor C. Chairman D. Deputy Governor Answer: C

Q7. The umbrella organisation for all retail payments system in India is:
A. NABARD B. IRDAI C. NPCI D. SEBI Answer: C

Q8. Which of the following policies/agreements/accords is closely associated with the reform in banking industry?
A. Doha accord B. Basel accord C. Look east policy D. Geneva framework Answer: B

Q9. The head office of the SBI is located in………………..
A. Kolkata B. New Delhi C. Pune D. Mumbai Answer: D

Q10. The minimum amount remitted through the RTGS Scheme is:
A. Rs. 10 Lakhs B. Rs. 50 Thousand C. Rs. 2 Lakhs D. Rs. 5 Lakhs Answer: C

Q11. Which Bank has launched Aadhaar Payment Bridge System (APBS) for small ticket micro-finance loan disbursements on December?
A. IDFC Bank B. RBL Bank C. Bandhan Bank D. Axis Bank Answer: B

Q12. How many times has financial emergency been declared in India so far?
A. Never B. One C. Two D. Four Answer: A

Q13. Expand CAD?
A. Capital Account Deficit B. Current Account Department C. Current Annual Deficit D. Current Account Deficit Answer: D

Q14. What is the currency of Qatar?
A. Qatari Dinar B. Qatari Riyal C. Qatari Rupiah D. Qatari Dollar Answer: B

Q15. Expand MSS?
A. Maximum Stabilisation Scheme B. Minimum Stabilisation Scheme C. Market Stabilisation Scheme D. Management Stabilisation Scheme Answer: C

Q16. India recieved over ______ billion US dollar Foreign Direct Investment (FDI) milestone between April 2000 and September 2016
A. 200 B. 300 C. 400 D. 500 Answer: B

Q17. What is the Reverse Repo Rate on 31 March 2017?
A. 5.75% B. 5.25% C. 6.75% D.6.25% Answer: A

Q18. Which country launched ‘bond notes’ currency in bid to ease cash crunch on November?
A. Kenya B. Australia C. Zimbabwe D. Sweden Answer: C

Q19. Who is the MD and CEO of Punjab National Bank?
A. Ashwani Kumar B. Usha Ananthasubramanian C. Rakesh Sharma D. S. M. Swathi Answer: B

Q20. “Where every individual is committed” is the tagline of ____________
A. Corporation Bank B. UCO Bank C. Punjab National Bank D. Oriental Bank of Commerce Answer: D

Q21. The Taxation Laws ( Amendment) Bill, 2016 passed in Lok Sabha seeks to amend the Income Tax Act of the year ?
A. 1956 B. 1975 C. 1993 D. 1961 Answer: D

Q22. Which state assembly passed the Amusement and Betting Tax ( Amendment ) Bill, 2016 to give a fillip to the local film industry?
A. Haryana B. Gujarat C. Bihar D. Assam Answer: D

Q23. In banking CDR cell is related to which of the following ?
A. Corporate debts B. Corporate Credits C. None performing assets D. Corporate Money Answer: A

Q24. Name the portal launched by the Reserve Bank of Inida (RBI ) to check illegal moeny collection?
A. Sanchay B. Sachat C. Sanchit D. Nirikshak Answer: B

Q25. By which card, Delhi Transport Corporation ( DTC) is launched a service in which communters will be able to pay bus fares?
A. Metro Smart Card B. Debit Card C. Credit Card D. Metro Bus Pass Answer: A

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