IMPORTANT BANKING AWARENESS QUESTIONS : SET 8

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) Pradhan Mantri Mahila Shakti Kendra (PMMSK) Scheme has been launched by the central government for ___________

a) progress of electrification of households in the country

b) Providing athlets training

c) Providing electricity

d) Unemployment

e) Protection and empowerment of women

Q.2) Which of the following state government has launched Sahaj Bijli Har Ghar Yojana (Saubhagya Scheme) ?

a) Jharkhand

b) West Bengal

c) Jammu and Kashmir

d) Telangana

e) Assam

Q.3) Which of the following state government has launched “Pradhan Mantri Sahaj Bijli Har Ghar Yojana” or “SAUBHAGYA” to provide electricity for all the households in rural and urban areas?

a) Manipur

b) Jammu and Kashmir

c) West Bengal

d) Assam

e) Telengana

Q.4) Government of India has launched Deen Dayal SPARSH Yojana Scholarship Scheme all over the country to to increase the reach of school children for philately.What is the abbreviation of SPARSH ?

a) Scholarship for Promotion of Asian & Research in Stamps as a Hobby

b) Scholarship for Promotion of Aptitude & Research in Stamps as a Hobby

c) Scholarship for Promotion of Aptitude & Revolution in Stamps as a Hobby

d) Scholarship for Promotion of American & Research in Stamps as a Hobby

e) Scholarship for Promotion of Auto & Research in Stamps as a Hobby

Q.5) Which of the following bank launched a deposit scheme named ‘Green Future: Deposit’, which could fetch up to 8 per cent for a tenure of little over 18 months?

a) Laxmi Vilas Bank

b) Soft Bank

c) HDFC Bank

d) ICICI Bank

e) Yes Bank

Q.6) What is the abbreviation of MSS?

a) Market Stability Scheme

b) Maximum Stability Scheme

c) Market Stability Scheme

d) Mini Stabilisation Scheme

e) Market Stabilization Scheme

Q.7) FSSAI has launched a new Food Regulatory Portal as a single interface for the food business across the country, which would help in the implementation of food laws across the country in a transparent and effective manner.What is the abbreviation of FSSAI?

a) Food Stability and Safety Authority of India

b) Food Safety and Stability Authority of India

c) Food Safety and Standards Authority of India

d) Food Security and Standards Authority of India

e) Food Safety and Scheme Authority of India

Q.8) Global Rating agency Fitch has announced that which of the following banks have inequalities in their risk control mechanisms and has revised down its outlook on the latter to negative on sour assets worries?

a) Yes bank and Axis bank

b) Yes bank and ICICI bank

c) Axis bank and HDFC bank

d) Axis bank and ICICI bank

e) Yes bank and ICICI bank

Q.9) Marg ERP limited partnered with which bank to offer an integrated payments platform to Micro, Small and Medium Enterprise (MSME) customers, using MARG’s accounting software?

a) ICICI Bank

b) Axis Bank

c) Yes Bank

d) Canara Bank

e) Laxmi vilas Bank

Q.10) According to forbes list which bank has been ranked as the 5th biggest public company globally in the ‘ consumer financial services category’?

a) Union Bank of India

b) SBI

c) HDFC

d) ICICI

e) UCO

Q.11) Who was the former world bank economist has been sworn in as Jordan’s Prime Minister after King Abdullah issued a decree approving the new government?

a) Amartya sen

b) Omar al-Razzaz

c) Dr. Raja Chelliah

d) Jagdish Bhagwati

e) C. Rangarajan

Q.12) Which of the following bank has informed refiners that it will not handle payments for Iran crude oil from the Middle Eastern nation from November?

a) Canara Bank

b) Indian Bank

c) Union Bank of India

d) UCO Bank

e) Sate Bank of India

Q.13) Name the mobile app developed by the Centre for Railway Information System (CRIS) for digitalization and moving towards a cashless economy.

a) DASTAK

b) NARI

c) Self-service

d) Rail SAARTHI

e) utsonmobile

Q.14) According to whose annual report for 2017-18, Axis Bank the largest value share of mobile banking transactions by 17.2% ?

a) Bank of India

b) UCO Bank

c) World Bank

d) Reserve Bank of India

e) State Bank of India

Q.15) _________ is a new web Portal launched by the central government for the general public to make donations to the families of martyrs and soldiers of Indian Armed forces.

a) www.sakshat.ac.in

b) www.indiaedu.com

c) www.bharatkeveer.gov.in

d) www.studentsinindia.com

e) www.meritnation.com

Q.16) Name the scheme launched by the central government of india to uplift the participation of women in entrepreneurship.

a) MUNDRA scheme

b) Varishtha Pension Bima

c) Start-up India

d) utsonmobile

e) Self-service

Q.17) PMGDSA scheme which has been approved by the union cabinet aims to make 6 Crore rural households digitally literate by March 2019.Expand PMGDSA?

a) Pradhan Mantri Gramin Digital Saksharta Achalabiyan

b) Pradhan Mantri Gramin Digital Suraksha Abhiyan

c) Pradhan Mantri Gramin Digital Saksharta Abhiyan

d) Pradhan Mantri Gramin Development Saksharta Abhiyan

e) Pradhan Mantri Gratitude Digital Saksharta Abhiyan

Q.18) _______ Scheme, the regional air connectivity scheme recently launched by the central government to make the air travel cheaper has started to see the sun of the day.

a) NRLM

b) UDISHA

c) AMRUT

d) MUNDRA

e) UDAN

Q.19) PKVY scheme is to enhance skills of youth in line with the international standards and help them getting overseas employment.Expand PKVY?

a) Pravasi Kisan Vilas Yojana

b) Pravasi Kisan Vikas Yojana

c) Pravasi Kaushal Vandana Yojana

d) Pravasi Kaushal Vilas Yojana

e) Pravasi Kaushal Vikas Yojana

Q.20) Green Good Deeds scheme has been launched by which of the following ministry to protect forest and climate?

a) Ministry of science and tech

b) Ministry of railways

c) Ministry of external affairs

d) Ministry of Health and family welfare

e) Ministry of Environment,Forest and Climate Change


Answer Key

1) e) Protection and empowerment of women

2) c) Jammu and Kashmir

3) a) Manipur

4) b) Scholarship for Promotion of Aptitude & Research in Stamps as a Hobby

5) e) Yes Bank

6) e) Market Stabilization Scheme

7) c) Food Safety and Standards Authority of India

8) d) Axis bank and ICICI bank

9) a) ICICI Bank

10) c) HDFC

11) b) Omar al-Razzaz

12) e) Sate Bank of India

13) e) utsonmobile

14) e) State Bank of India

15) c) www.bharatkeveer.gov.in

16) c) Start-up India

17) c) Pradhan Mantri Gramin Digital Saksharta Abhiyan

18) e) UDAN

19) e) Pravasi Kaushal Vikas Yojana

20) e) Ministry of Environment,Forest and Climate Change


Aspirants can watch the below added video to know about the Banking abbreviations and the below attached links to know more about the other important informations.



Other Important Links

SOUTH INDIAN BANK PO 2018 EXAM REVIEW AND ANALYSIS & Questions asked in Exam

THE HINDU EDITORIAL : JUNE 18, 2018