Banking Quiz.

Banking Awareness Quiz – Set 208

Banking 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. So attempt all the sets now.

  1. The Reserve Bank of India has relaxed the leverage ratio (LR) to _____________ for Domestic Systemically Important Banks (DSIBs) and 3.5% for other banks.
    A) 4.75%
    B) 5.50%
    C) 4.50%
    D) 4.00%
    View answer
      Option D.
    Explanation: 4%.
  2. The Reserve Bank of India has advised all Scheduled Commercial Banks to adopt Education Loan Scheme, formulated by Indian Banks Association. In this scheme, the Collateral free loans uptoRs _______________ under the Credit Guarantee Fund Scheme for Education Loans (CGFSEL).
    A) Rs 10 Lakh
    B) Rs 7.5 Lakh
    C) Rs 15 Lakh
    D) Rs 20 Lakh
    View answer
    Option B.
    Explanation: Rs 7.5 Lakh.
  3. CCI has approved the merger of the Indiabulls Housing Finance and Lakshmi Vilas Bank recently. What is the full form of CCI?
    A) Competition Commission of International
    B) Competition Commission of India
    C) Competition Corporation of India
    D) Central Commission of India
    View answer
    Option B.
    Explanation: Competition Commission of India.
  4. In Union Budget 2018-19, the Government has made a commitment to the welfare of farmers and doubling farmers income by which year?
    A) 2024
    B) 2020
    C) 2022
    D) 2028
    View answer
    Option C.
    Explanation:2022.
  5. Three Public Sector Insurance companies will be merged into a single insurance entity. Which of the following is not them?
    A) Oriental India insurance Co. Ltd
    B) United India Assurance Co. Ltd
    C) National Insurance Co. Ltd
    D) General Insurance Corporation of India
    View answer
      Option D.
    Explanation:General Insurance Corporation of India.
  6. Which section of the RBI allows the RBI to provide loans to banks and state financial corporations?
    A) 17
    B) 18
    C) 19
    D) 20
    View answer
      Option A 
    Explanation: 17
  7. _____remained country’s most valuable bank with a market capitalisation of Rs 5.04 trillion.
    A) Yes Bank
    B) HDFC Bank
    C) Axis Bank
    D) Kotak Mahindra Bank Ltd
    View answer
    Option D.
    Explanation: HDFC Bank.
  8. Who is the Managing Director of Exim Bank?
    A) Robert B. Zoellick
    B) John Cryan.
    C) Lewis Preston
    D) Mr. David Rasquinha
    View answer
      Option D.
    Explanation: Mr. David Rasquinha.
  9. Where is the headquarters of Bandhan Bank?
    A) Bangalore
    B) New Delhi
    C) Mumbai
    D) Kolkata
    View answer
    Option D.
    Explanation: Kolkata.
  10. How many sections are there in RBI Act 1934?
    A) 61
    B) 50
    C) 51
    D) 41
    View answer
      Option A.
    Explanation:61

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