Expected General / Financial Awareness Questions (Day-71)

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-71)

maximum of 15 points
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1). The Centre has released —————— crore to States and union territories under the special assistance to scheduled castes sub plan till January end of the current fiscal.

  1. 45000 cr
  2. 56000 cr
  3. 65000 cr
  4. 72000 cr
  5. 80000 cr

2). Which of the following digital wallet companies has launched India’s first SaaS based digital platform named Magic to digitize end-to-end corporate processes, rewards and reimbursements?

  1. Freecharge
  2. Mobikwik
  3. Paytm
  4. PhonePe
  5. Tez

3). The Reserve Bank of India (RBI) has decided to link the base rate with the MCLR with effect from—————–to ensure quicker transmission of policy rates to existing loan interest rate to borrowers.

  1. April 1st 2018
  2. June 30 2018
  3. July 1st 2018
  4. November 30 2018
  5. December 1st 2018

4). ————————Payments Bank has collaborated with Mumbai Dabbawala Association to use digital banking services for collecting instant payments.

  1. Airtel
  2. Paytm
  3. Fino
  4. India Post
  5. Both a and b

5). When the Banking Ombudsman Scheme has been launched?

  1. 1992
  2. 1993
  3. 1994
  4. 1995
  5. 1996

6). Cash Reserve Ratio comes under section —— of RBI Act 1934.

  1. 39
  2. 40
  3. 41
  4. 42
  5. 44

7). NPCI comes under which Act ———————

  1. Companies Act 1956
  2. Companies Act 2013
  3. Companies Act 2007
  4. Companies Act 2009
  5. Companies Act 2005

8). How many core promoter companies does National Payment Corporation of India have?

  1. 8
  2. 10
  3. 12
  4. 15
  5. 20

9). “The Changing Face of prosperity” is the tagline of ———————— Bank.

  1. Federal Bank
  2. Syndicate Bank
  3. City Union Bank
  4. Lakshmi Vilas Bank
  5. Karnataka Bank

10). What does second V stands for in CVVC?

  1. Verification
  2. Valid
  3. Value
  4. Verify
  5. Vendor

11). Antony Dominic has been appointed as the Chief Justice of —————————–

  1. Tamil Nadu
  2. West Bengal
  3. Mizoram
  4. Punjab
  5. None of these

12). Which of the following state has topped the overall medal tally at the first-ever Khelo India School Games?

  1. Maharashtra
  2. Chhattisgarh
  3. Uttarkhand
  4. Assam
  5. Haryana

13). Which state has topped the Health Index progressive report according to the report released by NITI Aayog?

  1. Tamil Nadu
  2. Punjab
  3. Kerala
  4. Karnataka
  5. Odisha

14). Which of the following airport has been ranked as the world’s busiest airport for international travel for the year 2017?

  1. Haneda Airport
  2. Incheon International Airport
  3. Hartsfield–Jackson Atlanta International Airport
  4. Dubai International Airport
  5. John F. Kennedy International Airport

15). Which of the following Digital Transport Company has collaborated with the Ministry of Road Transport and Highways to encourage road safety awareness?

  1. Ola
  2. Uber
  3. Red Taxi
  4. Red Bus
  5. Easy Ride

Answers:

1). Answer: (C).

The amount is more than 80 per cent of the total allocation of Rs 80,000 crore made under the Special Central Assistance to SC Sub Plan for 2017-18.

2). Answer: (B).

Magic is a Software-as-a-Service (SaaS)-based institutional platform that aims to radically reform the employee benefit and reimbursements process by eliminating the constant challenges faced by both the employer and the employee.

3). Answer: (A).

 The RBI introduced the MCLR from April 1, 2016, as a system working in tandem with its policy rates, which commercial banks have been slow in accepting, preferring to continue with the Base Rate regime. As per RBI guidelines, banks have to prepare their MCLR which would serve as the internal benchmark lending rate.

4). Answer: (B).

As part of this association, around 5000 dabbawalas will now be able to collect instant payments for their Dabba service through Paytm QR. Additionally, they will also avail an easy access to banking and other financial services by opening their bank accounts with Paytm Payments Bank.

5). Answer: (D).

The Reserve Bank of India announced setting up ombudsman for addressing customer grievances in the non-banking finance companies. RBI will start with deposit taking NBFCs and widen the scope to cover NBFCs with asset size of Rs 100 crore.

6). Answer: (D).

Cash reserves of scheduled banks to be kept with the Bank comes under section 42 of RBI Act 1934.

7). Answer: ( B ).

First the company has been incorporated as a Section 25 company under the Companies Act 1956,but now it comes under Section 8 of The Companies Act, 2013.

8). Answer: (B).

NPCI has ten core promoter banks State Bank of India, Punjab National Bank, Canara Bank, Bank of Baroda, Union Bank of India, Bank of India, ICICI Bank, HDFC Bank, Citibank and HSBC.

9). Answer: (D).

“The Changing Face of prosperity” is the tagline of Lakshmi Vilas Bank. Its headquarters is Tamil Nadu and MD and CEO is Parthasarathi Mukherjee .

10). Answer: (C).

Card Verification Value Code (CVVC). The CVV Number (“Card Verification Value”) on your credit card or debit card is a 3 digit number on VISA, MasterCard® and Discover branded credit and debit cards.

11). Answer: (E).

Justice Antony Dominic has been sworn-in as the new Chief Justice of Kerala.

12). Answer: (E).

The Khelo India School Games was a part of the Khelo India programme which has been introduced by the Union Sports Ministry to revive the sports culture in the country at the grassroots level and make India a sporting nation.

13). Answer: (C).

 Uttar Pradesh appeared at the bottom among larger states in terms of overall performance. As per the index “Healthy States, Progressive India’ report for large states, Kerala was followed by Punjab, Tamil Nadu and Gujarat.

14). Answer: (D).

Dubai International, DXB, has retained its position as the world’s number one airport for international passengers for the fourth consecutive year with annual traffic for 2017 reaching 88.2 million passengers.

15). Answer: (B).

 As part of its ongoing efforts to encourage road safety awareness, Uber will be jointly promoting road safety messaging on the Uber app and social media through Ministry of Road Transport and Highways co branded materials and mediums.

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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