Current Banking Awareness Quiz

Current Banking Awareness Quiz – Set 45 (SBI Clerk and RBI Asst Mains)

Current Banking Awareness Quiz – Set 45

Target- RBI Assistant Mains and SBI Clerk Mains 

Months Covered- April to Sept 2020

  1. What is India’s GDP rate projection for FY21 as per Fitch Ratings?
    A) -14.80%

    B) -11.80%
    C) -11.1%
    D) -10.50%
    View answer
      Option D
    Explanation: For FY21=-10.50% and for FY22= 11%
  2. Which bank has launched the digital banking platform “DigiGen”?
    A) Utkarsh Small Finance Bank

    B) Ujjivan Small Finance Bank
    C) Airtel Payments Bank
    D) Jana Small Finance Bank
    View answer
      Option D
    Explanation: Jana Small Finance Bank rolls out digital banking platform- DigiGen
  3. Who is the chairman of International Financial Services Centres Authority (IFSCA)?
    A) Raghuram Rajan

    B) Injeti Srinivas
    C) Urjit Patel
    D) Karnam Sekar
    View answer
    Option B
    Explanation: Government appoints Injeti Srinivas as first Chairman of IFSCA for 3 Years
  4. Where is the headquarters of International Financial Services Centres Authority (IFSCA) located?
    A) Maharashtra

    B) Delhi
    C) Kerala
    D) Gujarat
    View answer
    Option D
    Explanation: The body is headquartered at GIFT city in Gandhinagar, Gujarat.
  5. Which bank has launched the product ‘Summer Treats’, to meet post lockdown needs of customers?
    A) HDFC Bank

    B) Axis Bank
    C) ICICI Bank
    D) IndusInd Bank
    View answer
    Option A
    Explanation: HDFC Bank launches ‘Summer Treats’ to meet post lockdown needs of customers
  6. What is the present Marginal Standing Facility Rate?
    A) 4.25%

    B) 3.00%
    C) 4.00%
    D) 3.35%
    View answer
    Option A
    Explanation: MSF- 4.25%
  7. Who is the face of the twitter campaign launched by RBI on digital payment?
    A) Mahendra Singh Dhoni

    B) Virat Kohli
    C) Amitabh Bachchan
    D) Akshay Kumar
    View answer
    Option C
    Explanation: RBI launches twitter campaign for Digital Payment with Amitabh Bachchan as face of the campaign
  8. What is the interest rate on Kisan Vikas Patra (KVP) (for quarter ending September 2020)?
    A) 6.8%

    B) 7.6%
    C) 7.1%
    D) 6.9%
    View answer
    Option D
    Explanation: 6.9% (maturity- 124 months)
  9. Who is the head of the committee formed by RBI to review ownership, corporate structure of Indian private sector banks?
    A) Urjit Patel

    B) Injeti Srinivas
    C) P K Mohanty
    D) V K Sharma
    View answer
    Option C
    Explanation: P K Mohanty
  10. Bharat Instapay payment platform has been launched by?
    A) PayTm

    B) PhonePe
    C) BSNL
    D) NPCI
    View answer
    Option C
    Explanation: BSNL Partners with SBI to launch UPI-based payment platform Bharat InstaPay

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