Current Banking Awareness Quiz

Current Banking Awareness Quiz – Set 33 (SBI Clerk and RBI Asst Mains)

Current Banking Awareness Quiz – Set 33

Target- RBI Assistant Mains and SBI Clerk Mains 

Months Covered- November 2019 and December 2019

  1. What is the household income limits for borrowers of NBFC-MFIs in urban/semi urban areas?
    A) Rs 1 lakh

    B) Rs 1.25 lakhs
    C) Rs 2 lakhs
    D) Rs 2.25 lakhs
    View answer
      Option C
    Explanation: For rural areas: Increased to Rs 1.25 lakhs from Rs 1 lakh; For urban/semi urban areas: Increased to Rs 2 lakhs from Rs 1.6 lakhs
  2. PayNearby has partnered with which bank for launch of its own micro ATMs at retail shops?
    A) Axis Bank

    B) Airtel Payments Bank
    C) ICICI Bank
    D) Equitas Small Finance Bank
    View answer
      Option D
    Explanation: PayNearby partners with Equitas Small Finance Bank for launching micro ATMs at retail shops
  3. Which bank has launched the ‘Maha Loan Dhamaka’ — to provide on-the-spot loan approvals?
    A) HDFC Bank

    B) ICICI Bank
    C) Axis Bank
    D) IndusInd Bank
    View answer
    Option B
    Explanation: ICICI Bank
  4. What is the toal Swap arrangement corpus under Framework on Currency Swap Arrangement for SAARC countries?
    A) USD 4 billion

    B) USD 1 billion
    C) USD 3 billion
    D) USD 2 billion
    View answer
    Option D
    Explanation: Under the revised condition (Framework for 2019-22) RBI will continue to offer swap arrangement within the overall corpus of US $ Two billion. The drawals can be made in US Dollar, Euro or Indian Rupee.
  5. Mastercard has joined hands with which bank to Offer Identity Check Security for Digital Transactions?
    A) Federal Bank

    B) Citi Bank
    C) IDBI Bank
    D) ICICI Bank
    View answer
    Option A
    Explanation: Mastercard Joins Hand With Federal Bank to Offer Identity Check Security for Digital Transactions
  6. ADB has signed what amount of loan agreement with Energy Efficiency Services Limited (EESL) to expand energy efficiency investments in India?
    A) USD 150 million

    B) USD 250 million
    C) USD 450 million
    D) USD 550 million
    View answer
    Option B
    Explanation: ADB & India Signs USD 250 million loan to expand energy efficiency investments
  7. HDFC Bank recently Became the ________ Indian Company to cross $100 billion Market Cap.
    A) 2nd

    B) 3rd
    C) 5th
    D) 6th
    View answer
    Option B
    Explanation: HDFC Bank Becomes Third Indian Company to cross $100 billion Market Cap
  8. What is the aggregate lending cap set by RBI across all NBFC-P2P lending platforms?
    A) Rs 25 lakh

    B) Rs 10 lakh
    C) Rs 50 lakh
    D) Rs 30 lakh
    View answer
    Option C
    Explanation: RBI sets lending cap on NBFC-P2P platforms at Rs 50 lakh
  9. Large UCBs has been directed to report all exposures above ___________ to CRILC?
    A) Rs 1 crore

    B) Rs 2 crore
    C) Rs 4 crore
    D) Rs 5 crore
    View answer
    Option D
    Explanation: RBI directs large Co-operative Banks to Report all exposures of Rs 5 crore and Above
  10. ‘eBkray’ platform has been launched by Government for?
    A) Agriculture

    B) Online Shopping
    C) Banks
    D) MSME
    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.

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