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Banking Quiz

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Question 1

Which of the following has becomes the first Indian bank to have a branch in the Australian state of Victoria?

Question 2

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 3

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 4

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 5

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 6

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 7

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 8

Which of the following banks has launched the digital banking app YONO in the UK?

Question 9

The Asian Development Bank (ADB) lowered growth projection for India’s GDP by 50 basis points. Now, what is the expected growth rate as per the ADB during the current fiscal 2019-20?

Question 10

‘Max Bupa Health Insurance Company Limited’ has signed a bancassurance agreement with which of the following banks?

Question 11

Nirmala Sitharaman announced that all scheduled banks would hold gatherings in _______ districts for loan disbursement process.

Question 12

Reserve Bank of India (RBI) had constituted Harsh Vardhan Committee which has submitted its report on September 2019. The committee is related with________.

Question 13

On the recommendation of which of the following committees the RBI has made it mandatory for banks to link retail and MSME loans to external benchmark interest rate?

Question 14

Which of the following public sector bank has launched a digital platform for farmers to provide solutions for all major agricultural requirements?

Question 15

In its new draft guidelines, Reserve Bank of India has revised the promotors shareholding in Small Finance Banks (SFBs) and the promoter’s stake should be lowered to 15 percent in how many years?

Question 16

Recently (September 2019) Economic Intelligence Unit (EIU) has released the world’s Safe City Index (SCI). Which city finds a top spot on the list?

Question 17

Recently RBI has released a notification according to which the timeline for conversion of minimum detailed PPI to KYC complaint has been increased from 18 months to how many months?

Question 18

The Reserve Bank of India (RBI) has made it mandatory for banks to link all new floating-rate loans for housing, auto and MSMEs (Micro and Small Enterprises) to external benchmark rate. At present, interest rates on loans are linked to a bank’s _______.

Question 19

In a bid to make digital payments more attractive for the corporate sector, the government has proposed no charge or merchant discount rate (MDR) for companies with more than Rs 50 crore turnover accepting payments through digital means. The MDR will instead be borne by supporting banks and the Reserve Bank of India. Which of the following best describes the term "Merchant Discount Rate”?

Question 20

As per the Union Budget 2019-20, FDI inflows has registered the growth rate of ___ over the previous year.
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Nov 8PO, Clerk, SO, Insurance