Banking GK for IBPS Exams: Part 42 for PO, Clerk, SO, Insurance Exams

Question 1

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

Question 2

What does ‘A’ stand for in ‘NACH’?

Question 3

What does the term 'ELSS' stand for?

Question 4

Who among the following has been appointed as the new Managing Director & Chief Executive Officer of IndusInd Bank?

Question 5

Which of the following banks has tied up with Common Service Centre (CSC) e-Governance Services India Limited to expand its reach to villages and remote towns as banking correspondents?

Question 6

On October 14, 2019, in collaboration with the Economic and Social Commission for Asia and the Pacific’s (ESCAP), which organization released the Asia-Pacific Trade and Investment Report (APITR) 2019?

Question 7

Who is the brand ambassador of payment technology major Mastercard which has launched campaign- ‘Team Cashless India’ to bring more merchants and customers on board with an aim to boost digital payments in India?

Question 8

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 9

On October 12, 2019, the Asian Development Bank (ADB) and the Government of India (GoI) have signed a loan agreement worth $190 million to upgrade 754 kilometers of roads and highways in which state?

Question 10

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 11

The World Bank in its latest report “South Asia Economic Focus, Fall 2019 : Making (De)centralization Work”, has lowered India’s growth forecast to ______ for FY 2019-20.

Question 12

On October 11, 2019, the Reserve Bank of India (RBI) came up with a new reporting system called Central Information System for Banking Infrastructure (CISBI) for__________.

Question 13

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

Question 14

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 15

On October 11, 2019, which of the following public sector banks has signed a memorandum of understanding (MoU) with Government e-Marketplace (GeM) to provide cashless, paperless and transparent payment system to small traders?

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

Which of the following states has received the approval from Reserve Bank of India for setting up its own Bank, by amalgamating 13 district co-operative banks (DCBs) with its State Co-operative Bank?

Question 18

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 19

PNB MetLife India Insurance Co. Ltd. has signed an agreement with which of the following insurance companies to offer a product that would cover health, death and illness?

Question 20

Banks dealing in insurance product have to take prior approval of ________________.