Important Banking Awareness Quiz Day-138

Important Banking Awareness Quiz Day-138:

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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1. Reserve Bank of India 8% scheme is being replaced by ______ Savings Bonds Scheme

1. 7.5%
2. 6.75%
3. 7.75%
4. 5.25%
5. None of these

2. Which Bank has signed an agreement with Principal Financial Group to sell its stake in mutual fund joint venture for an undisclosed amount?

1. Punjab National Bank
2. State Bank of India
3. Canara Bank
4. Andhra Bank
5. None of these

3. Which credit rating agency launched an index to measure the performance of investments of foreign portfolio investors (FPI) in the fixed-income market?

1. CIBIL
2. ICRA
3. SME
4. CRISIL
5. None of these

4. Who is the present chairman of State Bank of India?

1. Deepak Parekh
2. Rajnish Kumar
3. Usha Ananthasubramanian
4. Arundhati Bhattacharya
5. None of these

5. Customers will not have to pay any transaction charges for payments through debit card, BHIM app and other payment made for up to ________

1. 500
2. 1000
3. 5000
4. 10000
5. 2000

6. Who is the chairman of Insurance Regulatory and Development Authority of India (IRDAI)?

1. Ajay Tyagi
2. UK Sinha
3. T.S. Vijayan
4. Harsh Kumar Bhanwala
5. None of these

7. Indian Railways is set to launch its own co-branded debit card in association with which bank?

1. Bank of Baroda
2. State Bank of India
3. ICICI Bank
4. Syndicate Bank
5. None of these

8. Which bank had collected whopping Rs 1,771 crore during April-November 2017 as charges from below minimum balance accounts?

1. Indian Bank
2. Punjab National Bank
3. UCO Bank
4. State Bank of India
5. None of these

9. Which country becomes the first country to make both government offices and private business – which employ more than 25 staff – will have to obtain a special government certification on the equal pay policies?

1. India
2. China
3. Switzerland
4. Russia
5. None of these

10. The Reserve Bank has put ___________ under prompt corrective action in the first half of January

1. Allahabad Bank
2. Andhra Bank
3. Punjab and Sindh Bank
4. Vijaya Bank
5. None of these

11. Mortgage lender Indiabulls Housing Finance (IBHF) has raised Rs 1,000 crore from _____________ in the country’s maiden social affordable housing bond sale

1. HDFC Bank
2. Yes Bank
3. Axis Bank
4. ICICI Bank
5. None of these

12. Which diagnostics company had become the first Indian diagnostics company to surpass ₹1,000 crore in revenue in 2017?

1. Apollo Diagnostics
2. Thyrocare Diagnostics
3. Quest Diagnostics
4. SRL Diagnostics
5. None of these

13. Which Grameen bank has operationalised it’s first desktop ATM at Kasibugga in Mandi Bazar of Warangal in Telangana

1. Chaitanya Godavari Grameena Bank
2. Andhra Pragathi Grameena Bank
3. Andhra Pradesh Grameena Vikas Bank
4. Deecan Grameena Bank
5. None of these

14. Which bank has raised the interest rates on foreign currency non-resident (banking) term deposits from January 1?

1. Indian Bank
2. Indian Overseas Bank
3. Bank of Baroda
4. Syndicate Bank
5. None of these

15. Which Bank and NABARD have signed an agreement with five NGOs in Bengal for the promotion of 2,500 joint liability groups (JLGs) in select districts of the State

1. United Bank of India
2. Union Bank of India
3. Allahabad Bank
4. UCO Bank
5. None of these

Answers:

1. The 8 per cent Savings Bonds Scheme, also known as RBI Bonds Scheme, is not being closed. 8 per cent Scheme is being replaced by 7.75 per cent Savings Bonds Scheme.

Correct Answer is: c)

2. Punjab National Bank has signed an agreement with Principal Financial Group to sell its stake in mutual fund joint venture for an undisclosed amount.

Correct Answer is: a)

3. Rating agency CRISIL launched an index to measure the performance of investments of foreign portfolio investors (FPI) in the fixed-income market. The CRISIL FPI index would serve as benchmark for performance of FPI investments in government securities, and ‘AAA’ as well as ‘AA’ rated corporate bonds with residual maturity greater than three years.

Correct Answer is: d)

4. State Bank of India Chairman – Rajnish Kumar

Correct Answer is: b)

5. Customers will not have to pay any transaction charges for payments through debit card, BHIM app and other payment made for up to Rs 2,000.

Correct Answer is: e)

6. The Insurance Regulatory and Development Authority of India (IRDAI), directed all general insurers to sell third-party cover online along with other regular channels.

Correct Answer is: c)

7. Indian Railways is set to launch its own co-branded debit card and also hold monthly lottery draw to give 100% cash-back to 10 lucky passengers. The debit card will be launched in association with the country’s biggest lender State Bank of India and the transporter’s arm Indian Railway Catering and Tourism Corporation (IRCTC).

Correct Answer is: b)

8. The State Bank of India had collected whopping Rs 1,771 crore during April-November 2017 as charges from below minimum balance accounts.

Correct Answer is: d)

9. As the law is being enforced, both government offices and private business – which employ more than 25 staff – will have to obtain a special government certification on the equal pay policies, failing which, they could be fined. Iceland becomes the first country to make it compulsory.

Correct Answer is: e)

10. The Reserve Bank has put Allahabad Bank under prompt corrective action framework post an on-site inspection of high NPAs and negative return of assets for fiscal 2016-17.

Correct Answer is: a)

11. Mortgage lender Indiabulls Housing Finance (IBHF) has raised Rs 1,000 crore from private sector lender Yes Bank in the country’s maiden social affordable housing bond sale.

Correct Answer is: b)

12. Diagnostics chain SRL Diagnostics had become the first Indian diagnostics company to surpass ₹1,000 crore in revenue in 2017.

Correct Answer is: d)

13. The Andhra Pradesh Grameena Vikas Bank (APGVB) has operationalised it’s first desktop ATM at Kasibugga in Mandi Bazar of Warangal in Telangana

Correct Answer is: c)

14. Indian Bank has raised the interest rates on foreign currency non-resident (banking) term deposits from January 1. For FCNR (B) deposits in US dollar terms, the rate has been fixed at 2.89 per cent for deposits of one year and above but less than two years, from 2.77 per cent now.

Correct Answer is: a)

15. State Bank of India and NABARD have signed an agreement with five NGOs in Bengal for the promotion of 2,500 joint liability groups (JLGs) in select districts of the State.

Correct Answer is: e)

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