Banking Awareness Quiz – Set 87 – Miscellaneous

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.  The set will be beneficial for the Banking and financial awareness section of LIC AAO. So attempt all the sets now.

Banking Awareness Questions

1. What is the GDP growth rate projected for India in the year 2018-19 as per Central Statistics Office (CSO)?
   A) 7%
   B) 7.5%
   C) 7.7%
   D) 7.2%
   
   View answer

   Option A
   
2. What is the name of the payment aggregator launched by IRCTC to promote digital transaction?
   A) IRCTC iCash
   B) IRCTC iPayment
   C) IRCTC iPay
   D) IRCTC iReward
   
   View answer

   Option C
   
3. Enhanced Access and Service Excellence (EASE) Reforms Index to measure progress on the
   Public Sector Banks (PSB) Reforms Agenda is based on how many themes?
   A) Four
   B) Ten
   C) Five
   D) Six
   
   View answer

   Option D
   
4. The Dhanlaxmi Bank Ltd is headquartered at________
   A) Thrissur
   B) Chennai
   C) Bengaluru
   D) Hyderabad
   
   View answer

   Option A
   
5. What will be the new GST rate on under-construction housing properties without input tax credit (ITC), with effect from April 1, 2019?
   A) 1%
   B) 5%
   C) 8%
   D) 12%
   
   View answer

   Option B
   Explanation: The GST Council has announced to cut the GST tax rates on under-construction housing properties to 5 percent without input tax credit (ITC), from the existing 12 percent.
6. What does ICC stands for in NBFC-ICC?
   A) Investment and Credit Corporation
   B) Industrial Credit Controller
   C) Investment and Credit Company
   D) Independent Credit Confederation
   
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   Option C
   
7. The ‘women’s livelihood bond’ (WLB) has been launched to raise an amount of Rs__________
   A) Rs 300 crore
   B) Rs 500 crore
   C) Rs 700 crore
   D) Rs 200 crore
   
   View answer

   Option A
   Explanation:The World Bank, UN Women , and Small Industries Development Bank of India (SIDBI) have come together to launch ‘women’s livelihood bond’ (WLB) to raise ₹300 crore.
8. What is the deadline for mandatory linking of Aadhaar and PAN for those filing an Income Tax Return (ITR)?
   A) July 31, 2019
   B) April 30, 2019
   C) August 31, 2019
   D) March 31, 2019
   
   View answer

   Option D
   
9. The National Company Law Tribunal (NCLT) is a ____________ body
   A) Regulatory body
   B) Quasi-judicial body
   C) Advisory body
   D) Constitutional body
   
   View answer

   Option B
   Explanation: The National Company Law Tribunal (NCLT) is a quasi-judicial body in India that adjudicates issues relating to Indian companies. The NCLT was established under the Companies Act 2013 and was constituted on 1 June 2016 by the government of India & is based on the recommendation of the justice Eradi committee on law relating to insolvency and winding up of companies.
10. The Asian Development Bank (ADB) has bought what percent of share in micro-financier Annapurna Finance?
    A) 10%
    B) 12%
    C) 14%
    D) 18%
    
    View answer

    Option C
    Explanation:Asian Development Bank (ADB) has bought a 14% stake in micro-financier Annapurna Finance for Rs 137 crore.

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