Current Banking Awareness Quiz – Set 35

Target- RBI Assistant Mains and SBI Clerk Mains 

Months Covered- October 2019, November 2019 and April 2020

1. Who is the MD and CEO of Punjab National Bank?
   A) Sunil Mehta
   B) SS Mallikarjuna Rao
   C) Rajkiran Rai G.
   D) Romesh Sobti
   
   View answer

     Option B
   Explanation: SS Mallikarjuna Rao has been appointed as the new CEO and MD of Punjab National Bank. He has been appointed for a period till 18.09.2021
2. Where is the Headquarters of PMC Bank Ltd. located?
   A) Delhi
   B) Chennai
   C) Kolkata
   D) Mumbai
   
   View answer

     Option D
   Explanation: Mumbai, Maharashtra
3. Which is the first bank in India to have office in Australia’s Victoria?
   A) ICICI Bank
   B) HDFC Bank
   C) State Bank of India
   D) Axis Bank
   
   View answer

   Option C
   Explanation: SBI
4. Who is the chairman of IBA?
   A) Sunil Mehta
   B) Raghuram Rajan
   C) Rajnish Kumar
   D) SS Mallikarjuna Rao
   
   View answer

   Option C
   Explanation: SBI’s Rajnish Kumar elected as Chairman of Indian Banks Association
5. What is the present interest rate on Public Provident Fund Account (PPF)?
   A) 6.8%
   B) 6.9%
   C) 7.1%
   D) 7.6%
   
   View answer

   Option C
   Explanation: PPF- 7.1%
6. T. Latha was the MD CEO of which bank?
   A) Dhanlaxmi Bank
   B) Federal Bank
   C) Nainital Bank
   D) South Indian Bank
   
   View answer

   Option A
   Explanation: Thrissur-based private sector lender Dhanlaxmi Bank managing director (MD) and chief executive officer (CEO) T. Latha has resigned due to personal reasons.
7. What is the present CRR?
   A) 4%
   B) 3%
   C) 2.5%
   D) 3.5%
   
   View answer

   Option B
   Explanation: 3%
8. Project cache is of?
   A) Microsoft
   B) IBM
   C) Facebook
   D) Google
   
   View answer

   Option D
   Explanation: Google will launch a checking account service next year in a collaboration with Citigroup and a credit union at Stanford University. It will be launched under a project code named Cache.
9. What is India’s GDP growth rate prediction for FY21 as per Fitch Solution?
   A) 1.80%
   B) 0.80%
   C) 1.90%
   D) 1.10%
   
   View answer

   Option A
   Explanation: 1.80%
10. Who is the Head of micro-finance panel Code for Responsible Lending (CRL)?
    A) H R Khan
    B) Usha Thorat
    C) Jagdish Rai
    D) Rajeev Mehrishi
    
    View answer

    Option A
    Explanation: Shri. H R Khan

Read More Banking Awareness Topics

Attempt Banking Awareness Quiz

Attempt Current Banking Awareness Quiz