Banking Awareness Quiz – Set 90 – 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. Ravneet Gill is the newly appointed MD-CEO of which bank?
   A) Yes Bank
   B) Axis Bank
   C) Kotak Mahindra Bank
   D) Canara Bank
   
   View answer

   Option A
   Explanation: He has replaced Rana Kapoor who demitted the office as the MD/CEO on January 31, 2019.
2. The last date for investment under the Voluntary Retention Route (VRR) scheme introduced by RBI for FPIs shall be ___________
   A) October 31, 2019
   B) July 31, 2019
   C) 31 December 2019
   D) 30 April 2019
   
   View answer

   Option D
   
3. India’s first indigenously developed payment platform NCNM Card has been launched for which sector?
   A) Agriculture
   B) Transport
   C) Defence
   D) Construction and Manufacturing
   
   View answer

   Option B
   Explanation: National Common Mobility Card (NCMC) is the first of its kind in India for transport. Developed by NPCI in collaboration with CDAC.
4. IBBI has recently signed a Cooperation Agreement with which international financial institution for effective implementation of the Insolvency and Bankruptcy Code, 2016?
   A) World Economic Forum
   B) International Monetary Fund
   C) International Finance Corporation
   D) International Bank for Reconstruction and Development
   
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   Option C
   
5. As per the new guidelines of RBI, the minimum threshold for any denomination bank notes that White Label ATM operators in India can buy is ______ pieces
   A) 2.5 lakh
   B) 1.5 lakh
   C) 2 lakh
   D) 1 lakh
   
   View answer

   Option D
   
6. SBI will use Repo rate as benchmark to set interest rates for savings deposit and short term loans with effect from__________
   A) May 1
   B) April 1
   C) June 1
   D) July 1
   
   View answer

   Option A
   Explanation: The State Bank of India (SBI) will use the repo rate of RBI as a benchmark to set the savings deposit interest rates and interest rates for short-term loans from May 01, 2019.
7. The headquarter of the Citibank is located at___________
   A) Paris
   B) Doha
   C) New York
   D) Berlin
   
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   Option C
   
8. According to the World Gold Council Data, which country currently has the highest Gold Reserves?
   A) India
   B) United States
   C) Germany
   D) International Monetary Fund
   
   View answer

   Option B
   
9. Name the first Bank in India to cross the mark of Rs 6 trillion market capitalisation
   A) HDFC
   B) SBI
   C) ICICI
   D) Punjab National Bank
   
   View answer

   Option A
   
10. What is the tenure of the USD/INR Buy/Sell swap auction tool introduced by RBI?
    A) 2 years
    B) 5 years
    C) 1 years
    D) 3 years
    
    View answer

    Option D
    

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