Important Banking Awareness Quiz Day-133

Important Banking Awareness Quiz Day-133:

Dear Readers, Here we have provided the Important Banking Awareness Quiz , which will help to understand and prepare in a better way. Candidates those who are preparing for upcoming IBPS/SBI Exams 2018 can make use of it.

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Click “Start Quiz” to attend these Questions and view Solutions

1). Funds India has partnered with which Bank to launch Unified Payments Interface (UPI) on their Android app for mutual fund payments?

  1. Union Bank of India
  2. Kotak Mahindra Bank
  3. Yes Bank
  4. HDFC Bank
  5. None of these

Correct Answer is: c)

Explanation: Funds India has partnered with Yes Bank to launch Unified Payments Interface (UPI) on their Android app for mutual fund payments. Funds India becomes the first online mutual fund distributor to support UPI for client payments.

2). Gems and jewels exhibition by The Southern Gujarat Chamber of Commerce and Industry (SGCCI) is held at which city?

  1. Patna
  2. Surat
  3. Vadodra
  4. Ahmadabad
  5. None of these

Correct Answer is: b)

Explanation: Gems and jewellery exhibition by The Southern Gujarat Chamber of Commerce and Industry (SGCCI) held in Surat.

3). What is the name of the website launched by Aadhar for complaints against receiving continuous Aadhaar-linking calls and texts?

  1. Speak yourself
  2. Speak India
  3. Speak for you
  4. Speak for me
  5. None of these

Correct Answer is: d)

Explanation: A petition website, “Speak For Me”, has been launched for complaints against receiving continuous Aadhaar-linking calls and texts.

4). Tata group and General Electric Co. (GE) have signed an agreement to build a new factory in which city?

  1. Hyderabad
  2. Bangalore
  3. Mumbai
  4. Chennai
  5. None of these

Correct Answer is: a)

Explanation: Tata group and General Electric Co. (GE) have signed an agreement to build a new factory in Hyderabad to make engine parts for passenger jets.

5). New Shekel is the currency of which country?

  1. Oman
  2. Iran
  3. Iraq
  4. Qatar
  5. None of these

Correct Answer is: e)

Explanation: New Shekel is the currency of Israel.

6). Hyderabad Metropolitan Development Authority (HMDA) signed an MoU with which car making company to provide digital solutions?

  1. Toyota
  2. Ford
  3. Maruti
  4. Hyundai
  5. None of these

Correct Answer is: b)

Explanation: Ford and Hyderabad Metropolitan Development Authority (HMDA) signed a Memorandum of Understanding (MoU) to assess the feasibility of a common digital mobility solution for city commuters.

7). Government has waived of Merchant Discount Rate (MDR) on all debit card, UPI, and Aadhaarbased transactions of up to how much amount?

  1. 2000
  2. 5000
  3. 10000
  4. 20000
  5. None of these

Correct Answer is: a)

Explanation: The government has waived the Merchant Discount Rate (MDR) on all debit card, UPI, and Aadhaar-based transactions of up to 2,000 for the next two years, starting January 1, 2018.

8). What is the name of insurance jointly launched by Ola and Bajaj Allianz General insurance?

  1. Chal Chalo
  2. Chalo Befikar
  3. Ola Baz
  4. Chalo Ola
  5. None of these

Correct Answer is: d)

Explanation: Online mobility platform Ola announced the launch of a comprehensive in-trip insurance programme which covers Rs. 5 lakhs for its driver partners across the country.

9). The government raised the customs duty on television sets, mobile phones to what percent?

  1. 12%
  2. 14%
  3. 15%
  4. 18%
  5. None of these

Correct Answer is: c)

Explanation: The government raised the customs duty on television sets, mobile phones to 15% from the existing 10%.

10). Which finance company has helped 100 divyaang children under CSR initiative?

  1. Power Finance Corporation
  2. Muthoot Fin Corp
  3. Mannapuram Fin Services
  4. Reliance Finance Corporation
  5. None of these

Correct Answer is: a)

Explanation: Under the Cochlear Implant Scheme of the Government of India for hearing disability hundred children under 6 years have benefited as a result of Corporate Social Responsibility initiative of the Power Finance Corporation.

11). Reserve Bank of India (RBI) has imposed a penalty of Rs 5 crore on which Bank for noncompliance with its directions on “Cheque Purchase or Discounting, Bill Discounting and Know Your Customer (KYC)” norms?

  1. Allahabad Bank
  2. Syndicate Bank
  3. UCO Bank
  4. Canara Bank
  5. None of these

Correct Answer is: b)

Explanation: Reserve Bank of India (RBI) has imposed a penalty of Rs 5 crore on Syndicate Bank for noncompliance with its directions on “Cheque Purchase or Discounting, Bill Discounting and Know Your Customer (KYC)” norms.

12). DTH operator Dish TV is going to be merge with which company?

  1. Reliance DTH
  2. Airtel DTH
  3. TATA Sky
  4. Videocon d2h
  5. None of these

Correct Answer is: d)

Explanation: Zee group-owned DTH operator Dish TV has received the final approval from the Information and Broadcasting Ministry for closing its merger with Videocon d2h.

13). Indian Railways has cleared Rs 12,000-crore proposal to equip electric locomotives with which technology system?

  1. French Train Control System
  2. Swedish Train Control System
  3. European Train Control System
  4. German Train Control System
  5. None of these

Correct Answer is: c)

Explanation: Railway Board cleared the proposal to equip 6,000 electric locos with European Train Control System (ETCS) Level-II to help drivers.

14). Which state Cabinet has approved a scheme to provide a pension of Rs 1,500 transgenders above 18 years of age in the state?

  1. Bihar
  2. Tamil Nadu
  3. Karnataka
  4. Kerala
  5. None of these

Correct Answer is: e)

Explanation: Andhra Pradesh Cabinet has approved a scheme to provide a pension of Rs 1,500 to transgenders above 18 years of age in the state.

15). Which bank has adopted the first digital village in Andhra Pradesh?

  1. Kotak Mahindra Bank
  2. Lakshmi Vilas Bank
  3. Karur Vysya Bank
  4. Andhra Bank
  5. None of these

Correct Answer is: c)

Explanation: Chief Minister N. Chandrababu Naidu dedicated the first ‘digital village’, facilitated by the Karur Vysya Bank (KVB), at Bandarupalli in Guntur district.

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