Current Banking Awareness Quiz

Current Banking Awareness Quiz – Set 24 (SBI Clerk and RBI Asst Mains)

Current Banking Awareness Quiz – Set 24

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. Who is the chairman of ESAF Small Finance Bank?
    A) V M Mehta

    B) P R Ravi Mohan
    C) R K Puri
    D) V K Sinha
    View answer
      Option B
    Explanation: P R Ravi Mohan has been appointed as the new chairman of ESAF Small Finance Bank.
  2. What is the maximum permissible limit for e-mandate for recurring transactions for UPI transactions?
    A) Rs 1,000

    B) Rs 2,000
    C) Rs 5,000
    D) Rs 10,000
    View answer
      Option B
    Explanation: Rs 2000
  3. What is the uniform tax rate decided for private lottery?
    A) 5%

    B) 12%
    C) 18%
    D) 28%
    View answer
    Option D
    Explanation: GST Council fixes 28% uniform tax rate for lottery effective from March 2020
  4. Recently the South Central Zone (SCR) of Indian Railways has signed a Memorandum of Understanding for ‘Doorstep Banking’ with which bank?
    A) Punjab National Bank

    B) Union Bank of India
    C) HDFC Bank
    D) State Bank of India
    View answer
    Option D
    Explanation: South Central Zone of Indian Railways Signs MoU with SBI for Doorstep Banking
  5. Name of the portal launched for e-auction of attached assets by banks.
    A) eAuction

    B) eVikram
    C) eBkray
    D) eSuvidha
    View answer
    Option C
    Explanation: Finance Minister Nirmala Sitharaman launched a common e-auction platform ‘eBkray’ (eB
    क्रय), on December 28, 2019, to enable online auction of attached assets by banks transparently and cleanly for the improved realization of value.
  6. What was the rank of RBI among central banks in buying gold abroad in 2019 as per the “World Gold Outlook 2020”?
    A) 6th

    B) 8th
    C) 10th
    D) 12th
    View answer
    Option A
    Explanation: RBI-6th
  7. ‘Who has launched the blockchain-technology based payment Platform named ‘Vajra’?
    A) RBI

    B) SBI
    C) SEBI
    D) NPCI
    View answer
    Option D
    Explanation: NPCI Launches Blockchain-based ‘Vajra Platform’ to Secure Online Payment
  8. What was the theme of Financial Literacy Week (FLW) 2020 observed by RBI?
    A) Micro, Small and Medium Enterprises (MSMEs)

    B) Doubling farmers income by 2022
    C) Priority Sector Lending
    D) Instant Banking
    View answer
    Option A
    Explanation: February 10 to February 14, 2020. The theme for 2020 FLW is “Micro, Small and Medium Enterprises (MSMEs)
  9. The self-service delivery facility, called ‘iBox’ has been launched by which bank?
    A) HDFC Bank

    B) ICICI Bank
    C) Axis Bank
    D) Kotak Mahindra Bank
    View answer
    Option B
    Explanation: ICICI Bank Launches a unique self-service delivery facility ‘iBox’ for customers
  10. Microsoft has partnered with which bank to train differently-abled people to find jobs?-
    A) HDFC Bank

    B) ICICI Bank
    C) Axis Bank
    D) State Bank of India
    View answer
    Option D
    Explanation: Microsoft partners with SBI to train differently-abled people to find jobs

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