Current Banking Awareness Quiz

Current Banking Awareness Quiz – Set 27 (SBI Clerk and RBI Asst Mains)

Current Banking Awareness Quiz – Set 27

Target- RBI Assistant Mains and SBI Clerk Mains 

Months Covered- January 2020 to March 2020

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

  1. Who has been appointed as the MD and CEO of Dhanlaxmi Bank?
    A) Vishal Mehta

    B) Sunil Gurbaxani
    C) Amit Panghal
    D) Avinay Sinha
    View answer
      Option B
    Explanation: RBI Approves Appointment of Sunil Gurbaxani as MD and CEO of Dhanlaxmi Bank
  2. UPI Chalega campaign has been launched by?
    A) RBI

    B) SBI
    C) Axis Bank
    D) NPCI
    View answer
      Option D
    Explanation: NPCI launches “UPI Chalega” Campaign to promote UPI
  3. Who is the chairman of SEBI?
    A) Puneet Sharma

    B) Ajay Tyagi
    C) Dr. Harsh Kumar Bhanwala
    D) Vishal Srivastava
    View answer
    Option B
    Explanation: SEBI Chairman Ajay Tyagi Gets 6-month Extension
  4. What amount of loan agreement has World Bank signed with India for the implementation of Assam Inland Water Transport Project?
    A) USD 78 million

    B) USD 70 million
    C) USD 80 million
    D) USD 88 million
    View answer
    Option D
    Explanation: World Bank and GOI Inks USD 88 million loan agreement for the implementation of Assam Inland Water Transport Project
  5. Who is the MD and CEO of Bank of Baroda?
    A) Sanjiv Chadha

    B) Atanu Kumar Das
    C) Challa Sreenivasulu Setty
    D) Lingam Venkata Prabhakar
    View answer
    Option A
    Explanation:
  6. Name the block chain based platform launched by NPCI for secure online payment.
    A) UPI Platform

    B) EASE Platform
    C) Vajra Platform
    D) Vice Platform
    View answer
    Option C
    Explanation: NPCI Launches Blockchain-based ‘Vajra Platform’ to Secure Online Payment
  7. Which two banks have been permitted to close their operation in Sri Lanka?
    A) Axis Bank and ICICI Bank

    B) Axis Bank and HDFC Bank
    C) ICICI Bank and HDFC Bank
    D) HDFC Bank and Kotak Mahindra Bank
    View answer
    Option A
    Explanation: Two Indian lenders, Axis Bank & ICICI Bank, to cease functioning in Sri Lanka
  8. What is the Interest Rate on EPFO for 2019-20?
    A) 8.25%

    B) 8.90%
    C) 8.65%
    D) 8.50%
    View answer
    Option D
    Explanation: EPFO lowers interest rate on PF deposits to 8.5 pc for 2019-20
  9. PhonePe has partnered with which bank for UPI transactions?
    A) HDFC Bank

    B) ICICI Bank
    C) Axis Bank
    D) IndusInd bank
    View answer
    Option B
    Explanation: ICICI Bank
  10. Which company has launched the World’s first ‘no internet’ payment service?
    A) Cisco

    B) Lava
    C) Google
    D) Microsoft
    View answer
    Option B
    Explanation: Lava launches World’s first ‘no internet’ payment service in India

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