Important Banking Awareness Quiz Day-140

Important Banking Awareness Quiz Day-140:

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. What is the India’s GDP in 2017-18 according to Central Statistics Office (CSO)?
  1. 7.5%
  2. 7.2%
  3. 6.7%
  4. 6.5%
  5. None of these
  1. What is the average GDP of India for next 5 years according to FITCH?
  1. 6.3%
  2. 6.5%
  3. 6.7%
  4. 6.9%
  5. None of these
  1. With which bank Paytm Payment bank partnered for FD customers exceeding 1 lakh
  1. IndusInd Bank
  2. Axis Bank
  3. HDFC Bank
  4. Yes Bank
  5. None of these
  1. How much amount did defence minister sanctions for Army and Navy?
  1. 2100 crore
  2. 2420 crore
  3. 2750 crore
  4. 2970 crore
  5. None of these
  1. India’s largest lender State Bank of India plans to raise upto USD 2 billion by issuing
  1. Green Bonds
  2. Foreign Bonds
  3. Overseas Bonds
  4. Masala Bonds
  5. None of these
  1. What is the dead line that Government extends for linking Aadhaar with saving schemes
  1. July 31, 2018
  2. May 31, 2018
  3. April 30, 2018
  4. March 31, 2018
  5. None of these
  1. Which of the following state topped in logistic index according to the survey conducted by the commerce ministry.
  1. Haryana
  2. Rajasthan
  3. Uttar Pradesh
  4. Maharashtra
  5. None of these
  1. Name the bank which tie-up with NSFDC to provide financial assistance for economic empowerment of persons belonging to Scheduled Caste (SC) families living below Double Poverty Line (DPL).
  1. Punjab National Bank
  2. State Bank of India
  3. Union Bank of India
  4. Bank of Baroda
  5. None of these
  1. Who has been appointed as the new MD & CEO of National Payment Corporation of India (NPCI)?
  1. Raghuram Rajan
  2. Urjit Patel
  3. Arundhati Bhattacharya
  4. Rajnish Kumar
  5. None of these
  1. What is the India’s GDP forecast for Financial Year 18 according to the World Bank (WB) Global Economics Prospect?
  1. 7.0%
  2. 7.1%
  3. 7.3%
  4. 7.5%
  5. None of these
  1. What is the approximate growth percentage of Direct tax collection for the fiscal year 2017-18 up to December 2017?
  1. 12%
  2. 18%
  3. 23%
  4. 28%
  5. None of these
  1. What is the FDI limit for Single brand Retail under automatic route?
  1. 25%
  2. 49%
  3. 74%
  4. 100%
  5. None of these
  1. Which of the following Flipkart’s payment arm has partnered mobile wallet company Freecharge to allow the latter’s customers pay for transactions?
  1. MobiKwik
  2. Paytm
  3. PhonePe
  4. Tapzo
  5. None of these
  1. What is the headquarters of Nainital Bank?
  1. Mumbai
  2. Jaipur
  3. Bangalore
  4. Hyderabad
  5. None of these
  1. Which of the following bank has announced plans to introduce the first battery-powered payment cards in the Indian market in 2018?
  1. IndusInd Bank
  2. HDFC Bank
  3. Kotak Mahindra Bank
  4. Axis Bank
  5. None of these

Answers:

  1. The Indian economy will expand by 6.5% in 2017-18 according to the new data of the government’s Central Statistics Office (CSO).

Correct Answer is: d)

  1. Rating agency Fitch has stated that India has the potential to grow at an average 6.7% rate over the next five years

Correct Answer is: c)

  1. Paytm Payments Bank has partnered with Induslnd Bank to introduce a facility to create a fixed deposit when the customer balance exceeds Rs 1 lakh at the end of day

Correct Answer is: a)

  1. Defence Ministry has cleared contracts worth 2,420 crore rupees for Navy and Army which includes the procurement of P-8I Training Solution and Low-Intensity Conflict Electronic Warfare System (LICEWS).

Correct Answer is: b)

  1. India’s largest lender State Bank of India plans to raise upto USD 2 billion (over Rs 12,600 crore) by issuing bonds in US dollar or other convertible currency.

Correct Answer is: c)

  1. Government has extended the deadline for linking of biometric identification Aadhaar to small savings schemes like post office deposits, Kisan Vikas Patra by three months to March 31, 2018.

Correct Answer is: d)

  1. Gujarat has topped the logistics index chart, an indicator of the efficiency of logistical services necessary for promoting exports in particular and economic growth in general.

Correct Answer is: e)

  1. Punjab National Bank (PNB) and National Scheduled Castes Finance and Development Corporation (NSFDC) have tied up to provide financial assistance for economic empowerment of persons belonging to Scheduled Caste (SC) families living below Double Poverty Line (DPL).

Correct Answer is: a)

  1. National Payments Corporation of India (NPCI) has appointed Dilip Asbe as Managing Director and CEO of the organisation.

Correct Answer is: e)

  1. World Bank has projected India’s growth rate at 7.3 percent in 2018 and 7.5 for the next two years. According to the 2018 Global Economics Prospect release.

Correct Answer is: c)

  1. The provisional figures of Direct Tax collections up to December 2017 show that net collections are at Rs. 6.56 lakh crore which is 18.2% higher than the net collections for the corresponding period of last year.

Correct Answer is: b)

  1. Government has decided to permit 100 per cent FDI under automatic route for Single brand Retail.

Correct Answer is: d)

  1. Flipkart’s payments arm PhonePe has partnered mobile wallet company Freecharge to allow the latter’s customers pay for transactions at PhonePe’s partner merchants.

Correct Answer is: c)

  1. Headquarters of Nainital Bank located in Nainital

Correct Answer is: e)

  1. IndusInd Bank and Dynamics Inc announced plans to introduce the first battery-powered, interactive payment cards in the Indian market in 2018.

Correct Answer is: a)

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