Current Banking Awareness Quiz – Set 06 (Target IBPS RRB Mains)
Current Banking Awareness Quiz- Our current Banking Awareness Quiz section contains questions framed from the current banking topics that are in news. These questions are framed keeping in mind the upcoming IBPS RRB Mains Exam.
- What is the GDP growth rate prediction for India as per the Asian Development Bank in FY20?
Option B
ADB predicts GDP growth rate for India at 6.5 pc in FY20, 7.2 pc in FY21 - What is the revised sanctioned limit for classification of export credit under Priority Sector Lending (per borrower)?
Option C
The Reserve Bank of India has enhanced the sanctioned limit, for classification of export credit under PSL, from ₹ 250 million per borrower to ₹ 400 million per borrower. - Alison Rose is the CEO of which bank?
Option E
Royal Bank of Scotland picks Alison Rose as its first woman CEO - What is the revised Corporate Tax for Domestic Companies?
Option
Corporate Tax for Domestic Companies: Now 22%. Earlier it was 30%.
Effective Corporate Tax: 25.17% including cess and surcharge. Earlier it was 34.94%.
Such companies shall not be required to pay Minimum Alternate Tax (MAT) - Which of the following payments system has been rated as the world’s best real-time payment service?
Option E
As per the fintech firm, FIS India’s Immediate Payment Service (IMPS) has been rated as the world’s best real-time payment service in an analysis of 54 countries that have similar facilities.
IMPS is rated highest in FIS’s ‘Faster Payments Innovation Index’. India is the only country that received the 5+ rating. - Government has announced that no public sector bank will declare stressed small businesses/MSME as non-performing assets (NPAs) till _______________.
Option B
Finance Minister of India, Nirmala Sitharaman has announced that no public sector bank will declare stressed small businesses/MSME as non-performing assets (NPAs) till March 31, 2020. - What is the interest rate on employees provident fund (EPF) for 2018-19?
Option D
The government has approved 8.65% interest rate on employees provident fund for 2018-19.
The EPFO has been settling EPF withdrawal claims at 8.55 percent interest rate, approved for 2017-18. Now, the EPFO will settle accounts on a higher rate of 8.65 percent for 2018-19. - What bank has launched the ‘Bharosa’ savings account?
Option A
Airtel Payments Bank launches ‘Bharosa’ savings account - Which of the followinf city overtook India’s financial capital Mumbai to become the top center for trading the currency Indian Rupee as per a report by BIS?
Option B
As per the triennial survey of currency markets by the Bank for International Settlements, London has overtaken India’s financial capital Mumbai to become the top center for trading the currency Indian Rupee. - What is the lock-in period on investments made by non-residents in infrastructure debt funds (IDFs)?
Option E
The central government has waived the three-year lock-in period on investments made by non-residents in infrastructure debt funds (IDFs).