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

Question 1

The temporary tax imposed to achieve a specific objective is called:

Question 2

What does 'C' stands for in 'CAGR', a business-specific term for the geometric progression ratio that provides a constant rate over the specific time period?

Question 3

What does the letter 'N' stands for in 'NSFR' guidelines issued by RBI?

Question 4

Budget 2019 has proposed to start a programme, that will focus on bringing foreign students to study in our higher educational institutions. The name of the program is _____.

Question 5

According to the Budget 2019-20, a person is required to pay taxes only when their annual taxable income exceeds _____.

Question 6

When a listed company proposes to issue fresh securities to its existing shareholders as on a record date is known as:

Question 7

Which one among the following options correctly best explains the meaning of ‘Insolvency’?

Question 8

Under Insolvency and Bankruptcy Code (IBC), 2016, who will act as regulator?

Question 9

Which of the following is not correct regarding the Fixed Income Money Market and Derivatives Association (FIMMDA)?

Question 10

The Vijaya Bank Heritage Museum has been inaugurated in which of the following cities?

Question 11

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 12

The International Monetary Fund (IMF) in its World Economic Outlook reduced the GDP growth rate of India for the financial year 2019-20 to ________ from 7.3% as announced on July 2019.

Question 13

With which of the following organizations the Government of India (GoI) has signed the Tranche 2 loan agreement worth $190 million to upgrade 754 kilometers of Rajasthan state highways and major district roads (MDRs)?

Question 14

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

Question 15

Name the Prepaid Payment Instrument (PPI) issuer on which the Reserve Bank of India (RBI) has imposed a monetary penalty of Rs 12.88 lakh for non-compliance with regulatory guidelines?

Question 16

Which of the following banks signed a Memorandum of Understanding (MoU) with the National Investment and Infrastructure Fund (NIIF) to provide a boost to infrastructure financing?

Question 17

Who among the following has been appointed as the Chief Executive Officer (CEO) and Managing Director (MD) of the public sector bank, Indian Overseas Bank (IOB)?

Question 18

Which of the public sector banks along with State Bank of India has limited the cash withdrawals of customers using micro-ATMs of other banks to 4 times in a month?

Question 19

The Indian Financial System Code (IFS Code) is an alphanumeric code that uniquely identifies a bank-branch participating in the two main Electronic Funds Settlement Systems in India. IFSC code consists of how many alphanumeric codes?

Question 20

There are different types of bank account a person can open in a bank, on which type of bank account a person will get the highest interest rate?