The GK Tornado Challenge: Quiz 1 for PO, Clerk, SO, Insurance Exams

Question 1

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 2

NEFT is a nation-wide payment system facilitating one-to-one funds transfer. What is the limit on the amount that could be transferred using NEFT?

Question 3

Which of the following institutions going to set up a Central Payment Fraud Registry to monitor digital payments related frauds on a real-time basis?

Question 4

As per new guidelines issued by RBI (Reserve Bank of India), what is the minimum average maturity period in External Commercial Borrowings (ECB) for working capital purposes?

Question 5

Who will head the task force announced by RBI to examine issues related to offshore rupee markets?

Question 6

According to the Reserve Bank of India (RBI) data, which state has experienced the maximum number of ATM frauds?

Question 7

Which among the following defines “Utkarsh 2022”?

Question 8

RBI has permitted Asset Reconstruction Companies (ARCs) to acquire financial assets from peers in the view of the amendment to which of the following Act?

Question 9

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

Question 10

The Reserve Bank of India set how much percent base rate for Non-Banking Financial Companies (NBFCs) and Micro Finance Institutions (MFIs) to be charged from their customers?

Question 11

Who has resigned as Deputy Governor of Reserve Bank of India (RBI)?

Question 12

In June 2019, the Reserve Bank of India (RBI) conducted Financial Literacy Week. What is the theme of Financial Literacy Week?

Question 13

The Reserve Bank of India (RBI) has announced an extension of timings for customer transactions through Real Time Gross Settlement (RTGS) from 4:30 PM to ______.

Question 14

Which committee has been constituted by the Reserve Bank of India (RBI) on the Development of Secondary Market for Corporate Loans?

Question 15

The Reserve Bank of India has decided to enhance the housing loan limits for Regional Rural Banks (RRBs) and Small Finance Banks (SFBs). What is the new limit set by RBI for metropolitan centers?

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

Power Minister R K Singh launched the State Rooftop Solar Attractiveness Index (SARAL) in New Delhi. Which state has emerged as the best state for setting up a rooftop solar project according to SARAL Index?

Question 18

What is India’s position in Henley Passport Index 2019?

Question 19

What is India’s rank in Global Peace Index 2019?

Question 20

Which among the following states has topped the list in terms of larger states for overall performance in the NITI Aayog’s Health Index 2019?

Question 21

According to the annual banking statistics report compiled by the Swiss National Bank (SNB), what is the rank of India in terms of money parked by its citizens with Swiss banks by the end of 2018?

Question 22

What is India’s ranking in Kids Right Index 2019?

Question 23

What is the rank of India in ‘World Press Freedom Index 2019' by Reporters Without Borders?

Question 24

What is India’s ranking in Global Energy Transition Index 2019?

Question 25

As per Economist Intelligence Unit (EIU) report, what is India’s rank in the overall ‘Inclusive Internet Index 2019’?

Question 26

The term ‘BADLAV’ used in Economic Survey 2018-19 refers to-

Question 27

According to the Economic Survey 2018-19, overall Index of Eight Core Industries registered a growth rate of ___ in 2018-19 .

Question 28

What is the rank of the India in the Global Talent Competitive Index (GTCI) 2019?

Question 29

Which among the following countries secured first place in Bloomberg Innovation Index 2019?

Question 30

Which country topped the Global Gender Equality Index 2019?

Question 31

Which city has been named as the world’s best city for students according to the ‘QS Best Student Cities Ranking 2019’?

Question 32

Which of the following institutions has released the “Payment and Settlement Systems in India: Vision 2019 – 2021″?

Question 33

Who among the following has been appointed the Executive Director at Reserve Bank of India (RBI)?

Question 34

The Reserve Bank of India (RBI) has released the guidelines on FBA for better governance of benchmark processes. What does FBA stand for?

Question 35

As per Reserve Bank of India’s Bi-Monthly Monetary Policy the policy repo rate under the liquidity adjustment facility (LAF) reduced by 35 basis to ______ percent.

Question 36

The Reserve Bank of India (RBI) has approved the transfer of record Rs 1 .76 lakh crore dividend and surplus reserves to the government. The excess reserve transfer is in line with the recommendation of ______.

Question 37

In September, 2019 Oleksiy Honcharuk (35-years) has been appointed as the youngest-ever Prime Minister of which country?

Question 38

Who among the following Indian American has been appointed as a judge of the US District Court for the Southern District of California?

Question 39

In September, 2019 Mahakaleshwar temple was in news as it will be developed on the lines of the ongoing development works at Kashi Vishwanath Temple in Varanasi. Mahakaleshwar is located in which city?

Question 40

India has announced a contribution of _______ to the Global Fund for AIDS, TB and Malaria (GFTAM) for the 6th replenishment cycle (2020-22).