GK - Banking & Insurance - SPLessons
boy2

Financial Awareness Practice Set 7

Home > > Tutorial
SPLessons 5 Steps, 3 Clicks
5 Steps - 3 Clicks

Financial Awareness Practice Set 7

shape Introduction

What is meant by Financial Awareness? Financial awareness foundation is financial literacy, which is defined as: The ability to use knowledge and skills to effectively manage financial resources efficiently at a personal level and through the life cycle.
Financial Awareness Practice Set 7 is a section that is present in most of the banking competitive exams. Candidates planning to take up employment in the banking sector must be aware of many of the terms policies and other such important information related with financial awareness. The article Financial Awareness Practice Set 7 provides quiz sets useful to the candidates while preparing Various Banking & Government Exams like SBI PO, SBI Clerk, SSC CPO, SSC CHSL.

shape Quiz

1. EEPC India has signed pact with which Indian bank for export finance?
    A. SBI B. Dena Bank C. Punjab National Bank D. Union Bank E. Bank of India

Answer: Option C
2. RBI will make LEI compulsory for companies with over Rs 5 crore exposure. What does ‘LEI’ stands for?
    A. Legal Entity Identifier B. Legal Error Identifier C. Legal Enact Identifier D. Legal Enaction Identifier E. None of the above

Answer: Option A
3.What is the India’s rank in the 2017 World Economic Forum’s (WEF) Global Gender Gap index?
    A. 105 B. 106 C. 107 D. 108 E. 109

Answer: Option D
4.The Union Government has sanctioned how much amount for setting up a Liquefied Petroleum Gas (LPG) bottling plant in Meghalaya?
    A. Rs 75 crore B. Rs 65 crore C. Rs 55 crore D. Rs 45 crore E. Rs 35 crore

Answer: Option A
5.OBOPAY has recently secured PPI license from the Reserve Bank of India (RBI). What does “PPI” stands for?
    A. Pre Payment Instrument B. Post Payment Instrument C. Postpaid Payment Instrument D. Prepaid Payment Instrument E. Prepaid Postpaid Instrument

Answer: Option D
1. India has signed how much amount of loan agreement with World Bank for the Tamil Nadu Irrigated Agriculture Modernization Project?
    A. $418 million B. $518 million C. $318 million D. $218 million E. $118 million

Answer: Option C
2. Samsung has tied-up with which bank to offer ‘Bill Payments’ on Samsung Pay?
    A. Axis Bank B. ICICI C. SBI D. HDFC E. CITI Bank

Answer: Option A
3. India has signed how much amount of loan agreement with World Bank (WB) for UP Tourism Project?
    A. $40 million B. $50 million C. $60 million D. $70 million E. $80 million

Answer: Option A
4. Which insurance company has launched ‘Neo’ a servicing bot for Twitter?
    A. SBI B. Axis Bank C. Citi Bank D. PNB E. HDFC Life

Answer: Option E
5. What is the financial limit Under MUDRA’s Tarun scheme?
    A. Rs. 5 lakh to Rs. 10 lakh B. Rs. 10 lakh to Rs. 15 lakh C. Rs. 15 lakh to Rs. 20 lakh D. Rs. 20 lakh to Rs. 25 lakh E. Rs. 25 lakh to Rs. 30 lakh

Answer: Option A
1. Which bank has launched PattabhiSitaramayya — Self Business Group (PS-SBG) scheme to encourage entrepreneurship?
    A. SBI B. Andhra Bank C. Bank of India D. PNB E. none of the above

Answer: Option B
2. India will provide how much amount of financial assistance to Afghanistan’s Transport Network?
    A. $2.87 million B. $2.77 million C. $2.67 million D. $2.57 million E. $2.47 million

Answer: Option A
3. Which Indian bank has launched digital Supply Chain Finance solution?
    A. Bank of Baroda B. Axis C. PNB D. SBI E. Union Bank

Answer: Option A
4. Which union minister has launched a public procurement portal ‘MSME Sambandh’ for MSMEs?
    A. Giriraj Singh B. Naresh Kumar C. Arnav Singhal D. Priyanshu E. Dileep Singh

Answer: Option A
5. Which Indian bank has recently signed MoU with Escorts for tractor financing?
    A. Axis B. ICICI C. HDFC D. SBI E. PNB

Answer: Option D

Other Articles

shape Exams

Competitive Exams - College Entrance Exams
Category Notification
Diploma Goa Diploma


shape Job-Alerts

Competitive Exams - Recent Job Notifications
Category
Banking SSC Railway
Defence Police Insurance
Click Here For – All India Latest Jobs

shape SP Quiz

Competitive Exams - Practice Sets
Category Quiz
English Knowledge Spotting Errors
Quant Aptitude Probability
Current Affairs Current Affairs

shape GK

General Knowledge for Competitive Examinations
Topic Name of the Article
GK - World World Tribal Groups
Father of Various Fields
GK - India State Policy Direct Principles
Rajya Sabha Members List
GK - Abbreviations Insurance Domain Abbreviations
Indian Railways Acronyms
GK - Banking & Insurance Banking Sector Risks
Bank Accounts Types
GK - Science & Technology pH Value
Vitamins and Food Sources
Zoology Terminology
Hide Index Show Index