Current Banking Awareness Quiz

Current Banking Awareness Quiz – Set 46 (SBI Clerk and RBI Asst Mains)

Current Banking Awareness Quiz – Set 46

Target- RBI Assistant Mains and SBI Clerk Mains 

Months Covered- July to Sept 2020

  1. Name of wholly-owned subsidiary firm launched by NPCI for international payments?
    A) NIPB

    B) NIPL
    C) NPPL
    D) NPPI
    View answer
      Option B
    Explanation: NPCI launches its subsidiary firm – NPCI International Payments Ltd (NIPL)
  2. What is India’s GDP rate projection as per Crisil for FY21?
    A) -11.80%

    B) -14.8%
    C) -9.00%
    D) -10.50%
    View answer
      Option C
    Explanation: Crisil- FY21= -9% and FY22= +10%
  3. Which bank has launched the initiative ‘Gig-a-Opportunities’?
    A) Axis Bank

    B) Bank of Baroda
    C) ICICI Bank
    D) HDFC Bank
    View answer
    Option A
    Explanation: Axis Bank
  4. Who is the MD and CEO of SBI cards?
    A) Ashok Tewari

    B) Ashwini Tewari
    C) Partha Pratim Sengupta
    D) Varun Sridhar
    View answer
    Option B
    Explanation:
  5. What is the present SLR rate?
    A) 17.5%

    B) 18.5%
    C) 18%
    D) 19.5%
    View answer
    Option C
    Explanation: SLR= 18%
  6. Which bank has launched the mobile app ‘e-Kisaan Dhan’ for farmers?
    A) Axis Bank

    B) State Bank of India
    C) HDFC Bank
    D) ICICI Bank
    View answer
    Option C
    Explanation: HDFC Bank launches ‘e-Kisaan Dhan’ app for farmers
  7. What is the interest rate on Public Provident Fund Account (PPF)?
    A) 7.4%

    B) 6.8%
    C) 6.9%
    D) 7.1%
    View answer
    Option D
    Explanation: PPF= 7.1%
  8. Which is the first Indian bank to make use of satellite data to access the creditworthiness of farmers?
    A) Axis Bank

    B) State Bank of India
    C) ICICI Bank
    D) HDFC Bank
    View answer
    Option C
    Explanation: ICICI Bank becomes first bank in India to use satellite data to assess creditworthiness of farmers
  9. Who is the author of the book ‘Overdraft: Saving the Indian Saver’?
    A) Raghuram Rajan

    B) Viral Acharya
    C) Subramanian Swamy
    D) Urjit Patel
    View answer
    Option D
    Explanation: Former RBI governor Urjit Patel pens book on dealing with NPA issue titled ‘Overdraft: Saving the Indian Saver’
  10. What amount has AIIB allocated for Mumbai Urban Transport Project-III?
    A) $500 million

    B) $100 million
    C) $350 million
    D) $750 million
    View answer
    Option A
    Explanation: India and AIIB sign agreement for $500 million for Mumbai Urban Transport Project-III

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