Expected General / Financial Awareness Questions (Day-83)

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.

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

Expected General / Financial Awareness Questions (Day-83)

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  1. Which of the following country has been elected as the vice-president of the Financial Action Task Force (FATF)?
  1. India
  2. Japan
  3. China
  4. Vietnam
  5. None of these

 

2. Who has been appointed as the head of the committee tasked for financial assistance to several flood affected states?

  1. Arun Jaitely
  2. Sushma Swaraj
  3. Rajnath Singh
  4. Narendra Modi
  5. Naredndra Singh Tomer

 

3. The Reserve Bank of India has raised currency derivative trade limit ————— for residents and foreign portfolio investors.

  1. $500 million
  2. $400 million
  3. $800 million
  4. $100 million
  5. $300 million

 

4. How much amount has been sanctioned by Delhi Government to address air pollution problem in the city?

  1. Rs 1,200 crore
  2. Rs 1,900 crore
  3. Rs 1,300 crore
  4. Rs 1,800 crore
  5. Rs 1,500 crore

 

5. What is the agriculture credit flow target set for the financial year 2018-19?

  1. 10 lakh crore
  2. 15 lakh crore
  3. 14 lakh crore
  4. 11 lakh crore
  5. 13 lakh crore

 

6. Where is the headquarters of the intergovernmental organization, Financial Action Task Force (FATF) located?

  1. Geneva
  2. Bern
  3. Berlin
  4. London
  5. Paris

 

7. RBI has refused to extend the deadline fixed at ———– for mandatory KYC-compliance by prepaid wallet customers.

  1. April 1
  2. April 30
  3. March 31
  4. February 6
  5. None of these

 

8. Google has collaborated with ————— Bank to integrate its UPI based mobile app ‘Tez’ to provide smoother access to bank’s customers.

  1. State Bank of India
  2. Yes Bank
  3. Federal Bank
  4. Bank of Maharashtra
  5. Bank of Baroda

 

9. EPFO has made it mandatory to file online claims for provident fund withdrawals above —————-taking another step towards becoming a paperless organization.

  1. Rs 2 lakh
  2. Rs 4 lakh
  3. Rs 6 lakh
  4. Rs 8 lakh
  5. Rs 10 lakh,

 

10. Which of the following insurance company has launched online-only ULIP product?

  1. Aviva Life Insurance Company
  2. Bajaj Allianz Life
  3. Reliance Life Insurance
  4. HDFC Life Insurance
  5. SBI Life Insurance Company

 

11. Aruna Budda Reddy related to which of the following sports?

  1. Golf
  2. Hockey
  3. Skiing
  4. Gymnastic
  5. Cricket

 

12. Which city hosted the 21st National Conference on e-Governance?

  1. Hyderabad
  2. New Delhi
  3. Mumbai
  4. Bengaluru
  5. Chennai

 

13. India-Korea Business Summit was held in ——————-

  1. New Delhi
  2. Seoul
  3. Gurugram
  4. Varanashi
  5. Lucknow

 

14. Where did the India and Nepal joint exercise held?

  1. Sikkim
  2. Jammu & Kashmir
  3. Meghalaya
  4. Uttarkhand
  5. Arunachal Pradesh

 

15. Where did the 15th edition of BioAsia took place?

  1. New Delhi
  2. Bengaluru
  3. Hyderabad
  4. Jaipur
  5. Kolkata

 

Answers:

  1. Answer: (C). In its plenary meeting, the FATF placed Pakistan under “grey list” to monitoring in its International Cooperation Review Group until June 2018 for compliance of Anti-Money Laundering and Combating Finance of Terrorism regulations. It gave Islamabad time till June 2018 to prepare an action plan against terror groups operating from Pakistan.
  2. Answer: (C). The high-level committee for Central Assistance Chaired by Union Home Minister Rajnath Singh has approved financial assistance to several flood affected states.
  3. Answer: (D). The Reserve Bank of India (RBI) has raised exposure limit under Exchange Traded Currency Derivatives (ETCD) trading for residents and foreign portfolio investors (FPIs) to $100 million across all currency pairs involving the Indian rupee. The RBI’s decision to raise the limit will help entities engaged in forex transactions to maintain their currency risks in a better manner.
  4. Answer: (A). The central government has sanctioned schemes worth Rs 1,200 crore to keep a check on alarming pollution levels in the capital.
  5. Answer: (D). Union Finance Minister Arun Jaitley said that the agriculture credit flow target of Rs. 11 lakh crore for 2018-19 is achievable by the banking sector. Jaitley said that this target would contribute to the momentum towards doubling the farmers’ income by 2022.
  6. Answer: (E). The Financial Action Task Force (on Money Laundering) (FATF), also known by its French name, Groupe d’action financière(GAFI), is an intergovernmental organization founded in 1989. The FATF Secretariat is housed at the OECD headquarters in Paris.
  7. Answer: (E). The Reserve Bank said there would not be any extension to the February 28 deadline for mandatory KYC-compliance by prepaid wallet customers. However, customers who have balances in such wallets or prepaid payment instruments (PPIs) need not worry about their money even if they do not do the KYC (know-your- customer) norms, the central bank said.
  8. Answer: (A). Google announced a deeper integration with the State Bank of India (SBI) for its digital payment app “Tez” that will allow users to now create a SBI UPI Id — @oksbi and get access to exclusive offers for the SBI customers. “Tez” is built on the Unified Payments Interface (UPI), allowing users make payments from their bank accounts to other accounts from over 70 UPI-enabled banks.
  9. Answer: (E). The Employees Provident Fund Organisation (EPFO) has also made it mandatory to file online claims for withdrawals of above Rs 5 lakh under the Employees Pension Scheme 1995.
  10. Answer: (B). Bajaj Allianz Life Goal Assure is an online-only product to keep the charges drastically low. The product offers to even return the mortality charges if policy matures.
  11. Answer: (D). Aruna Budda Reddy became the first Indian gymnast to clinch an individual medal at the Gymnastics World Cup in Melbourne by securing bronze in the women’s vault.
  12. Answer: (A). The theme of the Conference this year is, ‘Technology for accelerating Development’.
  13. Answer: (A). Aim of the summit is to strengthen the economic relationship, boost trade relations and increase investments between India and Republic of Korea.
  14. Answer: (D). India and Nepal held a joint exercise in Uttarakhand that will include training on jungle warfare, anti-terrorism combat as well as disaster response activities.
  15. Answer: (C). 15th edition of BioAsia, the annual flagship event of the Government of Telangana, was held in Hyderabad.

 

 

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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