Current Banking Awareness Quiz – Set 37

Target- RBI Assistant Mains and SBI Clerk Mains 

Months Covered- January 2020 and April 2020.

1. Which bank has acquired 51.16% stake in Apollo Munich Health Insurance?
   A) Axis Bank
   B) HDFC Bank
   C) ICICI Bank
   D) IndusInd Bank
   
   View answer

     Option B
   Explanation: HDFC Bank Acquires majority stake (51.16%) in Apollo Munich Health Insurance for Rs 1,495.81 crore
2. What amount of loan has World Bank approved for Maharashtra Agribusiness and Rural Transformation Project?
   A) USD 150 Million
   B) USD 200 Million
   C) USD 100 Million
   D) USD 210 Million
   
   View answer

     Option D
   Explanation: World Bank Approves USD 210 Million Loan for Maharashtra Agribusiness and Rural Transformation Project
3. What is India’s GDP growth rate prediction for Calendar Year 2020 as per Barclays?
   A) 1.8%
   B) 0.8%
   C) 0.0%
   D) -0.5%
   
   View answer

   Option C
   Explanation: 0%
4. Which bank has launched the self-service delivery facility, called ‘iBox’?
   A) ICICI Bank
   B) IDBI Bank
   C) UCO Bank
   D) IndusInd Bank
   
   View answer

   Option A
   Explanation: ICICI Bank has launched a first-of-itskind, unique self-service delivery facility, called ‘iBox’, that will enable its customers to collect their deliverables such as debit card, credit card, cheque book and returned-cheques, in a hassle free manner, anytime any day.
5. What is the present SLR?
   A) 18.25%
   B) 18.00%
   C) 18.50%
   D) 17.75%
   
   View answer

   Option B
   Explanation: 18.00%
6. The World’s Smallest Gold Coin released by Switzerland features which personality?
   A) Roger Federer
   B) Stephen Hawking
   C) Isaac Newton
   D) Albert Einstein
   
   View answer

   Option D
   Explanation: Switzerland Mints World’s Smallest Gold Coin; Features Albert Einstein
7. What is the interest rate on the Senior Citizen Savings Scheme (SCSS)?
   A) 6.9%
   B) 6.8%
   C) 7.1%
   D) 7.4%
   
   View answer

   Option D
   Explanation:
8. Which bank has launched the Wealth Management Platform ‘PIONEER’ Banking?
   A) Axis Bank
   B) ICICI Bank
   C) IndusInd Bank
   D) HDFC Bank
   
   View answer

   Option C
   Explanation: IndusInd Bank Launches Wealth Management Platform ‘PIONEER’ Banking
9. What is the ways and means advance limit for the central government for the first half of the financial year 2020-21 (April 2020 to September 2020)?
   A) Rs 1.5 lakh crore
   B) Rs 1 lakh crore
   C) Rs 75,000 crore
   D) Rs 2 lakh crore
   
   View answer

   Option D
   Explanation: Ways and Means Advances Limit (April 2020 to September 2020) – ₹ 2,00,000 crore
10. Name the MD and CEO of Bank of Baroda?
    A) Sanjiv Chadha
    B) Atanu Kumar Das
    C) Rajeev Khare
    D) Lingam Venkata Prabhakar
    
    View answer

    Option A
    Explanation: Sanjiv Chadha

 

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