IMPORTANT BANKING AWARENESS QUESTIONS SET -14

Banking awareness plays a vital role in the General knowledge section.So, start preparing for your mains examination and score more marks by practising these quizzes.

Q.1) Who tooks charge as whole time member (WTM) of the Securities and Exchange Board of India (SEBI) for a three-year tenure?

a) Anand Rajeshwar Baiwar

b) Jayarama Bhat

c) Santosh Kumar Mohanty

d) Ajay Tyagi

e) Shikha Sharma

Q.2) Under PMSBY, the risk coverage available is Rs 2 lakh for accidental death and permanent total disability, and Rs 1 lakh for permanent partial disability.What is the acronym for PMSBY?

a) Pradhan Mantri Sahyog Bighar Yojana

b) Pradhan Mantri Sahyog Bima Yojana

c) Pradhan Mantri Siksha Bighar Yojana

d) Pradhan Mantri Suraksha Bima Yojana

e) Pradhan Mantri Siksha Bima Yojana

Q.3) PMJJBY is available to people between 18 and 50 years of age with bank accounts. It has an annual premium of ₹330 (US$4.90) in which the GST is exempted.What is the acronym for PMJJBY?

a) Pradhan Mantri Jyoti Jeevan Bima Yojana

b) Pradhan Mantri Jeevan Jyoti Bima Yojana

c) Pradhan Mantri Jeevan Janani Bima Yojana

d) Pradhan Mantri Jeevan Jyoti Bighar Yojana

e) Pradhan Mantri Jyoti Jeevan Bighar Yojana

Q.4) Who inaugurated the 3rd Annual Meeting of AIIB that will see leaders from varied organizations and levels of government to share ideas and experiences for creating a sustainable future through sound infrastructure investment?

a) Piyush Goel

b) Rajnath Singh

c) Sushma Swaraj

d) Ram Nath Kovind

e) Narendra Modi

Q.5) Where did the 3rd Annual Meeting of AIIB with the theme of “Mobilising Finance for Infrastructure: Innovation and Collaboration”held?

a) Mumbai

b) New Delhi

c) Pune

d) Bengaluru

e) Chennai

Q.6) Who has launched a mobile application named “mPassport Seva” that would have the facilities for applying, paying and scheduling appointments for acquiring a passport?

a) Suresh Prabhu

b) Ram Nath Kovind

c) Narendra Modi

d) Sushma Swaraj

e) Raj Nath Singh

Q.7) The age limit of Atal Pension Yojana ranges from _____ to ____

a) 21 – 42

b) 18 – 40

c) 19 – 50

d) 20 – 45

e) 17 – 40

Q.8) The age limit of PMSBY ranges from 18 to ____for accidental death and permanent total disability, and Rs 1 lakh for permanent partial disability.

a) 85

b) 70

c) 60

d) 80

e) 75

Q.9) DBT is an attempt to change the mechanism of transferring subsidies launched by government of india, aims to transfer subsidies directly to the people through their bank accounts.What is the acronym for DBT?

a) Direct Broad Tax

b) Direct Benifit Tax

c) Direct Benifit Transfer

d) Direct Benifit Term

e) Direct Broad Transfer

Q.10) Who is the chairman of South Indian Bank?

a) Ashwani Kumar

b) Jai Kumar Garg

c) Amitabha Guha

d) Rajnish Kumar

e) Salim Gangadharan

Q.11) Bank of Baroda has signed an agreement with CDSL Commodity Repository to boost confidence among bankers and other stakeholders like depositors and warehouse service providers and provide various features.Where did the CDSL headquartered?

a) Mumbai

b) Bengaluru

c) Chennai

d) Pune

e) New Delhi

Q.12) National Development Bank is headquartered in ____

a) Albania

b) Australia

c) Algeria

d) Pakisthan

e) China

Q.13) Which of the following bank has launched Digital Loans against Mutual Funds in

partnership with transfer agent CAMS?

a) Axis Bank

b) Yes Bank

c) ICICI Bank

d) HDFC Bank

e) Laxmi Vilas Bank

Q.14) Who has inked an MOU with Common Service Centres (CSC) to offer financial support which ensures easy credit to village level entrepreneurs (VLEs) and promotes the

spread of Digital India.

a) IMF

b) SIDBI

c) AIIB

d) NHB

e) NABARD

Q.15) According to Thomson Reuters data, which of the following bank had reported a loss of Rs. 7,718 crores in the January-March quarter,due to higher provisions for bad loans?

a) State Bank of India

b) Bank of Baroda

c) UCO Bank

d) HDFC Bank

e) ICICI Bank

Q.16) Which of the following bank is to launch a capacity building project with farmers in Haryana and Rajasthan under its ‘Livelihood and Water Security’ CSR (Corporate social

responsibility) initiative?

a) Laxmi Vilas Bank

b) ICICI Bank

c) Yes Bank

d) HDFC Bank

e) Axis Bank

Q.17) Kotak Securities, the stock broking and distribution arm of the Kotak Mahindra

Group, has launched ________ facility that allows investors to do intra-day trading without paying any brokerage per trade.

a) ‘First Intraday Trading’

b) ‘Free Intraday Trading’

c) ‘Free Interday Trading’

d) ‘Free In-day Trading’

e) ‘First International Trading’

Q.18) Capital Adequacy Ratio (CAR) is also known as _____ , is the ratio of a bank’s capital to its risk.

a) Capital to Rate (Weighted) Assets Ratio

b) Capital to Risk (Weighted) Assets Ratio

c) Capital to Risk (Weighted) Advances Ratio

d) Capital to Assets (Weighted) Risk Ratio

e) Capital to Advances (Weighted) Assets Ratio

Q.19) ______ are branches of selected banks authorised by the RBI to stock rupee notes and coins.

a) Currency swipes

b) Currency trades

c) Currency Shifts

d) Currency chests

e) Currency swaps

Q.20) Credit Information Bureau india Limited(CIBIL) is headquartered in_____

a) Kolkata

b) Mumbai

c) Hyderabad

d) Pune

e) Bengaluru

Answer Key

1) c) Santosh Kumar Mohanty

2) d) Pradhan Mantri Suraksha Bima Yojana

3) b) Pradhan Mantri Jeevan Jyoti Bima Yojana

4) e) Narendra Modi

5) a) Mumbai

6) d) Sushma Swaraj

7) b) 18 – 40

8) b) 70

9) c) Direct Benifit Transfer

10) e) Salim Gangadharan

11) a) Mumbaia

12) e) China

13) d) HDFC Bank

14) b) SIDBI

15) a) State Bank of India

16) c) Yes Bank

17) b) ‘Free Intraday Trading’

18) b) Capital to Risk (Weighted) Assets Ratio

19) d) Currency chests

20) b) Mumbai

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