Current Banking Awareness Quiz

Current Banking Awareness Quiz – Set 20 (Target RBI Asst and SBI Clerk Mains)

Current Banking Awareness Quiz – Set 20

Target- RBI Assistant Mains and SBI Clerk Mains 

Current Banking Awareness Quiz – Our current Banking Awareness Quiz section contains questions framed from the current banking topics that are in news. 

  1. Which Indian has been included in the IMF’s external advisory group?
    A) Manmohan Singh

    B) Subramaniyam Swamy
    C) Raghuram Rajan
    D) Viral V. Acharya
    View answer
      Option C
    Explanation: IMF MD ropes in Raghuram Rajan, 11 others to key external advisory group
  2. Who is the face of the twitter campaign launched by RBI on digital payment?
    A) Shahrukh Khan

    B) Aamir Khan
    C) Rohit Sharma
    D) Amitabh Bachchan
    View answer
      Option D
    Explanation: RBI launches twitter campaign for Digital Payment with Amitabh Bachchan as face of the campaign
  3. Which bank has launched the digital banking platform “DigiGen”?
    A) Airtel Payments Bank

    B) Jana Small Finance Bank
    C) IDFC First Bank
    D) IDBI Bank
    View answer
    Option B
    Explanation: Jana Small Finance Bank has launched a digital banking platform named “DigiGen”, where customers can digitally open a savings account and fixed deposit instantly.
  4. What is India’s real GDP growth rate prediction as per Goldman Sachs for FY21?
    A) 1.5%

    B) 1.6%
    C) 2.0%
    D) 2.4%
    View answer
    Option B
    Explanation: Goldman Sachs cuts real GDP growth forecast for India in FY21 to 1.6%
  5. What amount of money will Asian Development Bank (ADB) provide to India to fight Covid-19 pandemic?
    A) $1.2 billion

    B) $2.4 billion
    C) $2.2 billion
    D) $1.8 billion
    View answer
    Option C
    Explanation: ADB assures $2.2 bn aid to India to fight Covid-19 pandemic
  6. What is the limit of loan that can be provided under the Sidbi Assistance to Facilitate Emergency (SAFE) initiative of SIDBI?
    A) Rs 50 lakhs

    B) Rs 1 crore
    C) Rs 2 crore
    D) Rs 5 crore
    View answer
    Option C
    Explanation: SIDBI Enhances Limit of SAFE Loans from Rs 50 Lakh to Rs 2 Crore
  7. As per the increased limit what is the number of days for which States/UTs can be in overdraft continuously in WMA?
    A) 15

    B) 18
    C) 20
    D) 21
    View answer
    Option D
    Explanation: The number of days for which States/UTs can be in overdraft continuously has been increased to 21 working days from the previous 14 days.
  8. As per the increased limit what is the number of days for which a State/ UT can be in overdraft in a quarter?
    A) 40

    B) 45
    C) 50
    D) 51
    View answer
    Option C
    Explanation: The number of days for which a State/ UT can be in overdraft in a quarter has been increased to 50 working days from the previous 36 days
  9. What is the WMA limit for the central government in the first half of FY21?
    A) Rs 1,20,000 Crore

    B) Rs 1,00,000 Crore
    C) Rs 2,00,000 Crore
    D) Rs 1,50,000 Crore
    View answer
    Option A
    Explanation: Rs 1,20,000 Crore
  10. RBI has increased the WMA limit for state govt. by what percent?
    A) 15%

    B) 20%
    C) 25%
    D) 30%
    View answer
    Option D
    Explanation: Apart from this, for State Government’s WMA, RBI has increased the WMA limit by 30 percent from the existing limit for all States/UTs. It must be noted that every state government has a different WMA limit.

Read More Banking Awareness Topics

Attempt Banking Awareness Quiz

Attempt Current Banking Awareness Quiz

Leave a Comment

Your email address will not be published. Required fields are marked *