Current Banking Awareness Quiz

Current Banking Awareness Quiz – Set 39 (SBI Clerk and RBI Asst Mains)

Current Banking Awareness Quiz – Set 39

Target- RBI Assistant Mains and SBI Clerk Mains 

Months Covered- February 2020 and April 2020.

  1. NABARD has extended what amount of financial support for rural infrastructure in FY20?
    A) Rs 41,313 crore

    B) Rs 42,313 crore
    C) Rs 42,213 crore
    D) Rs 41,213 crore
    View answer
      Option B
    Explanation: NABARD Extends Financial Support of Rs 42,313 cr in FY’20 for rural infrastructure
  2. Arundhati Bhattacharya has recently resigned from the board of which of the following organization?
    A) CRISIL

    B) CIBIL
    C) NPCI
    D) CERSAI
    View answer
      Option A
    Explanation: Former SBI Head Arundhati Bhattacharya Resigns from CRISIL Board.
  3. What is India’s GDP growth rate prediction for FY21 as per UBS?
    A) 1.8%

    B) 1.9%
    C) 0.00%
    D) -0.40%
    View answer
    Option D
    Explanation: -0.40%
  4. Syndicate Bank has been merged with which bank?
    A) Punjab National Bank

    B) Indian Bank
    C) Canara Bank
    D) Union Bank
    View answer
    Option C
    Explanation: Syndicate Bank has been merged with Canara Bank
  5. What is the current Repo Rate?
    A) 4.00%

    B) 3.75%
    C) 4.65%
    D) 4.40%
    View answer
    Option D
    Explanation: 4.40%
  6. What amount has SBI raised via its third green bond sale?
    A) USD 100 million

    B) USD 200 million
    C) USD 300 million
    D) USD 1000 million
    View answer
    Option A
    Explanation: SBI raises $100 million via green bonds
  7. What is the present interest rate on Sukanya Samriddhi Accounts?
    A) 7.4%

    B) 7.1%
    C) 6.8%
    D) 7.6%
    View answer
    Option D
    Explanation: 7.6%
  8. What is the limit that banks can borrow overnight under MSF?
    A) 1.5%

    B) 2%
    C) 2.5%
    D) 3%
    View answer
    Option F
    Explanation: Under the marginal standing facility (MSF), banks can borrow overnight at their discretion by dipping up to 2 per cent into the Statutory Liquidity Ratio (SLR). This limit has now been increased to 3% from 2%.
  9. Which bank has launched the pre-paid card Enkasu?
    A) Canara Bank

    B) Karur Vysya Bank
    C) Karnataka Bank
    D) Kotak Mahindra Bank
    View answer
    Option B
    Explanation: Karur Vysya Bank Launches Pre-paid Card ‘Enkasu’ in Karur District
  10. Which bank has launched the COVID 19 Emergency Credit Line (CECL) facility?
    A) ICICI Bank

    B) Union Bank of India
    C) Punjab National Bank
    D) State Bank of India
    View answer
    Option D
    Explanation: SBI

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