Current Banking Awareness Quiz

Current Banking Awareness Quiz – Set 31 (SBI Clerk and RBI Asst Mains)

Current Banking Awareness Quiz – Set 31

Target- RBI Assistant Mains and SBI Clerk Mains 

Months Covered- March 2020 and April 2020

  1. The OBICUS Survey of RBI provides data on which sector of India?
    A) Banking sector

    B) Agricultural sector
    C) Manufacturing sector
    D) Oil sector
    View answer
      Option C
    Explanation: Order Books, Inventories and Capacity Utilisation Survey (OBICUS) survey provides a snapshot of demand conditions in India’s manufacturing sector
  2. The funds donated to PM Cares Fund will be 100% exempted from tax under Section _____ of Income Tax Act.
    A) 80G

    B) 80CCC
    C) 80CCG
    D) 80CCD
    View answer
      Option A
    Explanation: 80G
  3. Which bank has recently announced to invest 100 million USD in National Investment and Infrastructure Fund (NIIF)?
    A) RBI

    B) IMF
    C) World Bank
    D) ADB
    View answer
    Option D
    Explanation: Asian Development Bank
  4. RBI has recently allowed how many months moratorium on all loans in wake of COVID-19?
    A) 2 months

    B) 3 months
    C) 4 months
    D) 6 months
    View answer
    Option B
    Explanation: 3 months
  5. The “Vivaad Se Vishwas Scheme” has been extended till which date?
    A) December 31, 2020

    B) July 31, 2020
    C) June 30, 2020
    D) October 02, 2020
    View answer
    Option C
    Explanation: June 30, 2020
  6. Who is the head of the committee formed by Finance Commission To Review Fiscal Consolidation Roadmap Of General Government?
    A) A. N. Jha

    B) NK Singh
    C) Dr. Anoop Singh
    D) Sajjid Z. Chinoy
    View answer
    Option B
    Explanation: Finance Commission Constitutes Committee under NK Singh To Review Fiscal Consolidation Roadmap Of General Government
  7. Which organization has launched “Swavalamban Express” to promote business aspirants?
    A) SEBI

    B) SBI
    C) SIDBI
    D) RBI
    View answer
    Option C
    Explanation: The Small Industries Development Bank of India (SIDBI) will start Swavalamban Express this year for budding entrepreneurs on June 05, 2020.
  8. What is the size of World Bank’s COVID-19 Response Fund?
    A) $12 Billion

    B) $13 Billion
    C) $14 Billion
    D) $15 Billion
    View answer
    Option C
    Explanation: World Bank Group Increases COVID-19 Response Fund to $14 Billion from $12 Billion
  9. SIDBI will provide loans upto what amount to MSEs that are manufacturing medical supplies for COVID-19?
    A) Rs 25 lakh

    B) Rs 50 lakh
    C) Rs 75 lakh
    D) Rs 1 crore
    View answer
    Option B
    Explanation: Sidbi to provide loans up to Rs 50 lakh to MSEs manufacturing medical supplies to fight COVID-19
  10. NABARD has Extended Financial Support of what amount in FY’20 for development of rural infrastructure?
    A) Rs 42,313 crore

    B) Rs 41,313 crore
    C) Rs 42,413 crore
    D) Rs 41,413 crore
    View answer
    Option A
    Explanation: Rs 42,313 crore

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 *