Current Banking Awareness Quiz – Set 09 (Target RBI Grade B Prelims 2019)

Current Banking Awareness Quiz – Set 09 (Target RBI Grade B Prelims 2019)

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 RBI Grade B Prelims Exam. 

  1. How many banks have been merged with “Kerala State Cooperative Bank” to form Kerala Bank?
    Option C
    The Reserve Bank of India has given approval to the Kerala state government to amalgamate 13 district cooperative banks (DCBs) with the Kerala State Cooperative Bank and form the new entity named “Kerala Bank”. (Total of 14 banks)

     

  2. What is the GDP Growth rate prediction for India in 2020 as per IMF?
    Option E
    What is the GDP Growth rate prediction for India in 2019 as per IMF?- 6.1%
    What is the GDP Growth rate prediction for India in 2020 as per IMF?- 7.0%

     

  3. Who releases World Economic Outlook Report?
    Option D
    Who releases World Economic Outlook Report?- IMF

     

  4. The internal ombudsman scheme for non-Bank PPI issuers will cover those which have more than _____ pre-paid payment instruments outstanding?
    Option B
    The internal ombudsman scheme for non-Bank PPI issuers will cover those which have more than _____ pre-paid payment instruments outstanding?- 10 million

     

  5. Which bank recently launched its UCash and Digilocker app?
    Option A
    Kolkata based Uco Bank has launched three new digital products which includes UCash, Digilocker and a mobile app.

     

  6. Which bank had launched a month long initiative ‘Pragati Rath’ to encourage people to adopt digital banking and also impart financial literacy?
    Option D
    Himachal Pradesh Chief Minister Jai Ram Thakur launched a month long initiative ‘Pragati Rath’ of the HDFC Bank on October 3 to encourage people to adopt digital banking and also impart financial literacy.
    Pragat Rath is a unique high-tech van which would move to different parts of Himachal Pradesh to provide financial and digital literacy to the people of the state.

     

  7. What is the present SLR?
    Option B

    CRR : 4%
    SLR : 18.50%

     

  8. Surjit Bhalla has been appointed as executive director for India at which international organisation?
    Option C
    Government of India has appointed Economist Dr. Surjit S Bhalla as Executive Director for India at International Monetary Fund (IMF).

     

  9. What is the present interest rate for Kisan Vikas Patra (KVP)?
    Option C
    Kisan Vikas Patra (KVP )- 7.6% (maturity- 113 months)

     

  10. Who has been appointed as the new administrator for PMC Bank?
    Option A
    The Reserve Bank of India (RBI) has superseded the Board of Punjab and Maharashtra Cooperative Bank Ltd. upon which RBI recently placed directions under section 35A of the Banking Regulation Act, 1949.
    RBI has appointed Jai Bhagwan Bhoria as the administrator of Punjab and Maharashtra Cooperative Bank Ltd. with all the powers of the board. RBI has restricted the withdrawal at Rs 10,000 for the customers of PMC Bank.

     

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