Banking & Financial Awareness Quiz: We have created many quizzes on Banking Awareness and this set is one of them. These questions are most important for banking and insurance exams. The question asked in the Banking Awareness section are based both on static banking and that to current banking in news. These Banking Awareness sets will guide you in all banking exams like IBPS Clerk, IBPS PO, SBI Clerk, SBI PO, RRB Clerk and PO and other exams. The set will be beneficial for the Banking and financial awareness section of LIC AAO. So attempt all the sets now.
Banking & Financial Awareness Questions
- The Universal Account Number is a ____________ digit number
A) 12
B) 10
C) 15
D) 9
- What is the interest rate on Employees’ Provident Fund (EPF) for 2018-19?
A) 8.05%
B) 8.65%
C) 8.55%
D) 8.25%
- What is the share of Voting Power of India in the AIIB?
A) 26.63%
B) 0.18%
C) 3.06%
D) 7.65%
- How many public sector banks are still under the Reserve Bank of India’s prompt corrective action (PCA) framework
A) 3
B) 4
C) 7
D) 11
- The Benami Transactions (Prohibition) Act came into force in which year?
A) 2000
B) 1992
C) 1988
D) 2005
- What is the subsidized interest rate that will be applicable on farm loan?
A) 6%
B) 9%
C) 4%
D) 7%
- India has targeted to become 5 trillion dollar economy by which year?
A) 2025
B) 2030
C) 2024
D) 2035
- Banks are directed to issue the Kisan Credit Card (KCC) to eligible farmers within ____________ of the submission of application
A) 2 weeks
B) 10 days
C) 1 week
D) 2 days
- DTAA is a tax treaty signed between two or more countries to save taxpayers from paying double taxes on the same income. Expand DTAA
A) Double Tax Added Agreement
B) Double Tax Avoidance Agreement
C) Double Tax Alternative Agreement
D) Double Tax Approval Agreement
- What is the total rate of contribution to be made under the ESI scheme?
A) 5%
B) 3%
C) 6%
D) 4%