Banking GK for IBPS Exams: Part 40 for PO, Clerk, SO, Insurance Exams

Question 1

SARFAESI Act is an Indian law. It allows banks and other financial institutions to auction residential or commercial properties to recover loans. In SARFAESI, E stands for-

Question 2

'BCSBI' is an autonomous body for promoting adherence to self-imposed codes by banks for committed customer service. What does BCSBI stand for?

Question 3

'FPO' s an issuing of shares to investors by a public company that is already listed on an exchange. Here ‘FPO’ stands for ___.

Question 4

In economics, 'NEER' is an indicator of a country's international competitiveness in terms of the foreign exchange (forex) market. What does 'NEER' stand for?

Question 5

Name the payment technology company which tied up with Indian Cricketer M.S. Dhoni to launch a nationwide initiative ‘Team Cashless India‘ to accelerate the acceptance and adoption of digital payments in India?

Question 6

Which of the following banks has announced to launch a new Fixed Deposit (FD) scheme ‘FD Health’ that will offer the dual benefit of a fixed deposit along with free critical illness coverage with a sum assured of Rs 1 lakh?

Question 7

What is India’s rank in the Brand Finance Nation Brands 2019 released by Brand Finance?

Question 8

The Reserve Bank of India (RBI) has given its final approval to the Kerala Government for the formation of the _______.

Question 9

Which of the following banks has launched the “Debit Card EMI facility” for its existing customers for period ranging from 6 months to 18 months?

Question 10

As per the data released by Reserve Bank of India (RBI) on India’s balance of payments (BoP) for the first quarter 2019-20 how much percentage of the Gross Domestic Product (GDP) of India is contributed by Current Account Deficit (CAD)?

Question 11

The Asian Development Bank has slashed its growth forecast for India for fiscal year 2019-20 to ________ from 7%.

Question 12

Which of the following banks has announced the launch of ‘Express FD’, a digital fixed deposit (FD) product that allows the customer to open an FD account in three minutes through the digital mode without opening a savings account with the bank?

Question 13

Ministry of Labour and Employment recently notified what rate of interest on Provident Fund deposits?

Question 14

Which of the following Public Sector Bank has recently set up a centralized hub 'Centralized MSME and Retail Group'?

Question 15

According to GOI Indian Start-ups with whose turnover exceeds to rs. ( ) have to pay income tax even if they are eligible for tax holiday?

Question 16

RBI has relaxed the leverage ratio for banks. The new leverage ratio for DSIB’s banks is?

Question 17

As per the recent announcement made by finance ministry for the consolidation of public sector banks syndicate bank will be merged with which of the following banks?

Question 18

Recently in August, 2019 union cabinet has approved 100 per cent FDI under automatic route in _________ and associated infrastructure.

Question 19

As per the Union Budget 2019-20, FDI inflows has registered the growth rate of ___ over the previous year.

Question 20

According to the Budget 2019-20, every verified SHG women member having a Jan Dhan Bank Account will be allowed an overdraft of _____ .