Expected General / Financial Awareness Questions (Day-59)

Dear Readers, SBI Clerk Exam were approaching shortly, and this is the right time to rush up your preparation. In Banking examination General Awareness Part plays a most vital role which help aspirants to increase their Overall Score. For Banking Exams you have to focus more on Financial Awareness Part, only few sources are there to provide Expected General/Financial Awareness Questions. Here we have given the List of Expected General Financial Awareness Questions for Upcoming Banking Exams 2018.

We IG Team have provided the Expected General/Financial Awareness Questions Specially for Upcoming Bank Exams 2018.

Expected General / Financial Awareness Questions (Day-59)

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1). ——————— and India have inked $ 120 million loan agreement which will help increase access to improved water supply services in peri-urban areas in Uttarakhand.

  1. ADB
  2. AIIB
  3. IMF
  4. World Bank
  5. European Investment bank

2). Which Payment Services has launched the app for merchants and businesses to accept payments instantly for zero charges?

  1. Airtel
  2. Paytm
  3. OBOPAY
  4. Snapdeal
  5. None of these

3). Which of the following bank has signed an MoU with National Housing Bank for the Rural Housing Interest Subsidy Scheme (RHISS) of the Ministry of Rural Development?

  1. Indian Bank
  2. Indian Overseas Bank
  3. HDFC Bank
  4. Federal Bank
  5. SBI

4). Which of the following bank has entered into an agreement with state-run National e-Governance Services Limited (NeSL) for utilizing the latter’s Information Utility Services.?

  1. SBI
  2. Andhra Bank
  3. Yes Bank
  4. Allahabad Bank
  5. ICICI Bank

5). Which of the following services is not provided by the post offices in India?

  1. Issuance of Demand Drafts
  2. Sale of stamp Papers (Judicial)
  3. Retailing of Mutual Funds
  4. Savings Bank Scheme
  5. Life Insurance cover

6). According to the Reserve Bank of India, BBPS will initially accept utility bill payments such as —————————

  1. DTH services
  2. Electricity Bill
  3. Telephone Bill
  4. Both b and c
  5. All the above

7). The Aadhaar-Enabled Payment Systems (AEPS) is a bank led model that facilitates banking facilities by allowing transactions at Point of Sale through the Business Correspondent (BC) using the Aadhaar authentication number. Aadhaar enabled basic types of banking do not include ————————–

  1. Cash Deposit
  2. Cash Withdrawal
  3. Balance Enquiry
  4. Online Payment
  5. All the above included

8). —————————- regulates the Indian Corporate Debt Market.

  1. SEBI
  2. SIDBI
  3. RBI
  4. MCX
  5. BSE

9). Which of the following bank has received capital infusion of Rs. 2,257 crore from the government?

  1. Dena Bank
  2. Indian Overseas Bank
  3. Bank of Maharashtra
  4. Bank of India
  5. Bank of Baroda

10). What is the minimum amount that can be invested in Kisan Vikas Patra (KVP) Certificate?

  1. Rs 100
  2. Rs 500
  3. Rs 1000
  4. Rs 5000
  5. No such limit

11). Who has been appointed as the new Director General of National Security Guard (NSG)?

  1. Sarvesh Tiwari
  2. Sudeep  Lakhtakia
  3. Sathish Kumar
  4. Sanjay Baru
  5. Shivan K

12). Which country emerged as the largest source of FDI in India in 2016-17, according to the latest census conducted by the Reserve Bank of India (RBI)?

  1. Mauritius
  2. Singapore
  3. USA
  4. Malaysia
  5. UK

13). Which state hosted the 8th edition of the International Conference on Wild Silk Moths?

  1. New Delhi
  2. Maharashtra
  3. Tamil Nadu
  4. Assam
  5. Gujarat

14). What is the India’s rank among emerging economies at the WEF’s Inclusive Development Index 2018?

  1. 37
  2. 42
  3. 51
  4. 58
  5. 62

15). Which of the following city hosted the International Conference on dam safety?

  1. Mangalore
  2. Pune
  3. Thiruvananthapuram
  4. Gandhinagar
  5. Nashik

Answers:

1). Answer: (D).

Uttarakhand has made significant strides in piloting and implementing innovative approaches in water supply and sanitation services, the peri-urban areas have not been a focus. It will help the state increase water supply coverage as well as ensure sustainable service delivery.

2). Answer: (B).

Digital payments startup Paytm has introduced ‘Paytm for Business’ app for merchants and businesses to accept payments instantly for zero charges. The app also lets businesses view their transactions without the need to wait for a confirmation SMS or an email.

3). Answer: (B).

The aim of the RHISS is to provide subsidy for housing loans taken by those living in rural areas for construction and modifications of their dwelling units.

4). Answer: (D).

Allahabad Bank has entered into an agreement with state-run National e-Governance Services Limited (NeSL) for utilizing the latter’s Information Utility Services.

5). Answer: (A).

 Issuance of Demand Drafts is NOT provided by the post offices in India

6). Answer: (E).

As per the Reserve Bank of India, BBPS will initially accept utility bill payments such as electricity, water, gas, telephone and direct-to-home services and will later include other repetitive payments including school and university fees and municipal taxes.

7). Answer: (D).

Balance Enquiry, Cash Withdrawal, Cash Deposit, Aadhaar to Aadhaar Fund Transfer, Gateway Authentication Services are provided by the AEPS.

8). Answer: (A).

Regulator for the Indian Corporate Debt Market is the Securities and Exchange Board of India (SEBI). SEBI controls the bond market and corporate debt market in cases where entities raise money from the public through public issues.

9). Answer: (D).

State-run Bank of India has received capital infusion of Rs. 2,257 crore from the government.

10). Answer: (C). KVP certificates are available in the denominations of Rs 1000, Rs 5000, Rs 10000 and Rs 50000. The minimum amount that can be invested is Rs 1000. However, there is no upper limit on the purchase of KVPs.

11). Answer: (B).

IPS officer Sudeep Lakhtakia has been appointed as the new director general of National Security Guard (NSG). He is currently serving as a special DG of Central Reserve Police Force (CRPF) headquarters.

12). Answer: (A).

According to a census by the Reserve Bank, Mauritius was the largest source of foreign investment in India, followed by the US and the UK.

13). Answer: (D).

He conference would help in increasing income of the people of the region who are involved with silk industry. India is holding the event for the second time with an aim to explore latest research and development.

14). Answer: (E).

 India has been ranked at the 62nd place among emerging economies on an Inclusive Development Index (IDI-2018) released by World Economic Forum (WEF). Norway remains the world’s most inclusive advanced economy, while Lithuania again tops the list of emerging economies.

15). Answer: (C).

The dam safety conferences are organized as an annual event under the Dam Safety Rehabilitation and Improvement Project being run by the Water Resources Ministry. DHARMA is a web tool to digitize all dam related data effectively.

Daily Practice Test Schedule | Good Luck

Topic Daily Publishing Time
Daily News Papers & Editorials 8.00 AM
Current Affairs Quiz 9.00 AM
Logical Reasoning 10.00 AM
Quantitative Aptitude “20-20” 11.00 AM
Vocabulary (Based on The Hindu) 12.00 PM
Static GK Quiz 1.00 PM
English Language “20-20” 2.00 PM
Banking Awareness Quiz 3.00 PM
Reasoning Puzzles & Seating 4.00 PM
Daily Current Affairs Updates 5.00 PM
Data Interpretation / Application Sums (Topic Wise) 6.00 PM
Reasoning Ability “20-20” 7.00 PM
English Language (New Pattern Questions) 8.00 PM
General / Financial Awareness Quiz 9.00 PM

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