stay connected with spnotifier - splessons · 2020-04-22 · 31. pradhan mantri awas yojana (pmay)...
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Stay Connected With SPNotifier
EBooks for Bank Exams, SSC &Railways 2020
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Monthly Current Affairs Capsules
1. The Reserve Bank of India (RBI) has
increased the limits imposed on peer-to-peer
lenders to _____.
A. 10 lakh
B. 20 Lakh
C. 30 lakh
D. 50 lakh
2. The fund transfers through the NEFT system
occur in how many batches?
A. 6
B. 12
C. 16
D. 23
3. Nippon which acquires additional 21.54%
stake in Reliance Nippon Life Asset
Management is a company of which country?
A. China
B. Russia
C. USA
D. Japan
4. RBI rejects merger of which two banks?
A. Yes Bank and IndiaBulls
B. Dhanlaxmi Bank and IndiaBulls
C. Yes Bank and Dhanlaxmi Bank
D. Dhanlaxmi Bank and Edelweiss Broking
Limited
5. A Scheme for Promoting Innovation, Rural
Industry and Entrepreneurship (ASPIRE) will be
implemented through which bank?
A. SBI
B. IDBI
C. SIDBI
D. BOB
6. The SWIFT international payment network is
one of the largest financial messaging systems
in the world of USA, as equivalent to that CIPS
is of which country?
A. Russia
B. China
C. Japan
D. France
7. Bank of Baroda partnered with which state
government to provide MSME loans?
A. Maharashtra
B. Andhra Pradesh
C. Telangana
D. Rajasthan
8. What does P stand for in STP?
A. Powered
B. Processing
C. Premier
D. Partnership
9. What is the full form of CIRP?
A. Central Insolvency Resolution Process
B. Credit Insolvency Resolution Process
C. Company Insolvency Resolution Process
D. Corporate Insolvency Resolution Process
10. The nationwide campaign, ‘Team Cashless
India’ to accelerate the acceptance and
adoption of digital payments in India has been
initiated by which company?
A. Visa
B. MasterCard
C. Paytm
D. Google Pay
Answer: B
11. Which of the following tech-based
companies has partnered with Accelerated
Growth of New India’s Innovations (AGNIi) to
support the development of sustainable
innovations and technologies across
industries?
A. Matter port
B. DuPont
C. Siemens
D. Knewton
12. Which of the following Public Sector
Companies has signed a memorandum of
understanding (MoU) with Saudi Aramco for
the development of Micro, Small and Medium
Enterprises (MSME) sector in India in Oil & Gas
Sector?
A. Oil and Natural Gas Corporation
B. Hindustan Petroleum
C. Indian Oil Corporation Limited
D. National Small Industries Corporation Limited
13. Who is appointed as an Additional Director
of Dhanlaxmi Bank?
A. V Viswanathan
B. Rakesh Makhija
C. Rajesh Puri
D. Rajnish Kumar
14. Which of the following health insurance
companies has an innovative Cancer Protect
Cover health insurance plan in partnership
with MobiKwik?
A. Apollo Munich Health Insurance
B. Aditya Birla Health Insurance Co. Limited
C. HDFC ERGO General Insurance company
Limited
D. ICICI Lombard General Insurance Company
Limited
15. On December 04, 2019, Indian Prime
Minister Mr. Narendra Modi Launched RuPay
Card in which of the following countries via
video conferencing?
A. Oman
B. Maldives
C. Sri Lanka
D. Mauritius
16. From December 1, 2019 all lanes of free
plazas on national highways will be ‘FASTag
lanes’. The FASTag is based on which
technology?
A. Near Field Communication Technology
B. Radio Frequency Identification (RFID)
technology
C. Straight through Processing technology
D. Host Card Emulation (HCE) technology
17. National Thermal Power Corporation
Limited has signed a term loan agreement of
Rs. 5000 crore with which of the following
banks to part finance the capital expenditure
of NTPC?
A. Punjab National Bank
B. State Bank of India
C. Union Bank
D. Bank of India
18. Which General Insurance Company has
launched my: health Woman Suraksha policy?
A. ICICI Prudential
B. Life Insurance Corporation
C. HDFC ERGO
D. SBI LIFE
19. On November 23, 2019, India First Life
Insurance, a leading life insurance company in
India has partnered with which financial
services provider, for distribution and
marketing of ‘insurance khata’?
A. Spice Money
B. Power Finance Corporation Limited
C. Muthoot Finance Ltd
D. HDB Finance Services
20.According to the latest Economic Outlook
2019 released by Organization for Economic
Co-operation and Development (OECD), what
is the World GDP growth for the year 2020?
A. 2.1%
B. 2.9%
C. 4.6%
D. 4.9%
21. Base rate calculation can be made by banks
__________.
A. As per the method suggested by RBI.
B. As per their own method.
C. If banks adopt their own method, it should be
consistent.
D. All A, B and C
22. Under Pradhan Mantri Jan Dhan Yojana life
insurance is managed by ____________.
A. HDFC Ergo Insurance Company
B. Life Insurance Corporation of India
C. GIC
D. NICL
23. Bombay Stock Exchange was established in
the year _________.
A. 1862
B. 1870
C. 1875
D. 1890
24. The Definition of ‘Banking’ is given in
_________.
A. Negotiable Instrument Act, 1881
B. Indian Contract Act, 1872
C. The Banking Regulation Act, 1949
D. RBI Act, 1934
25. When Repo Rate is reduced by RBI, it leads
to –
A. Reduction of cost to borrowers on loans from
banks.
B. Increase in cost of loans of borrowers from
banks.
C. Reduction in cost of borrowing by banks
from RBI.
D. Increase in cost of borrowing by banks from
RBI.
26. Real Interest Rate is an interest rate that is
adjusted for _______.
A. Inflation
B. Deflation
C. Reflation
D. Stagflation
27. The Securitization Act does not covers:
A. Private Sector Banks
B. Consortium of Banks
C. Private Financial Institutions
D. Chit Fund Companies
28. The Reserve bank of India was set up under
the recommendation of which of the following
commissions?
A. Phillip Commission
B. Simon Commission
C. Hunter Commission
D. Hilton Young Commission
29. How much amount is given as monthly
pension to the beneficiaries after attaining the
age of 60 years under Pradhan Mantri Shram
Yogi Maan-Dhan?
A. Rs.3000
B. Rs.2000
C. Rs.1500
D. Rs.1000
30.Among the following, which one is not a
credit rating agency operating in India?
A. CRISIL
B. ICRA
C. Dow Jones
D. CARE
31. Pradhan Mantri Awas Yojana (PMAY) is an
initiative by Government of India in wch
affordable housing will be provided to the
urban poor with a target of building 20 million
affordable houses by 31 March 2022. It was
launched in ________.
A. 2015
B. 2016
C. 2017
D. 2014
32. under which of the following methods of
depreciation, amount of depreciation varies
every year?
A. Written Down Value Method
B. Straight Line Method
C. Amount of depreciation does not vary on
year to year basis
D. Either A or B
33. In which year, a new rupee symbol ‘₹’, was
officially adopted in India?
A. 2001
B. 2005
C. 2010
D. 2016
34. Expansion of ASEAN is-
A. Association of Southeast African Nations
B. Association of Southeast American Nations
C. Association of Southeast Antarctic Nations
D. Association of Southeast Asian Nations
35. Who among the following has written the
book named ‘Indian Economy: Gandhi an Blue
print”?
A. Acharya Vinoba Bhave
B. Morarji Desai
C. Jai Prakash N
D. Jaswant Singh
36. Scheduled bank refers to a bank:
A. Authorizes by central government to
transaction government business
B. Registered with ministry of finance, Govt. of
India
C. Which is included in the second schedule to
the RBI act, 1934
D. Incorporated as a cooperative society
37. As per Basel III, which of the following is a
part of Operational Risk?
A. Legal risk
B. Reputational risk
C. Strategic risk
D. All of the above
38. What is the name of crypto currency, which
will be launched by Face book in 2020?
A. Libra
B. Lite coin
C. Name coin
D. Aurora coin
39. Disinvestment means to reduce the
government’s share in the ______.
A. Private sector
B. FDI
C. Market
D. Public sector
40. In case a cheque is torn into two or more
pieces and presented for payment, such a
cheque is called _________.
A. Antedated Cheque
B. State Cheque
C. Mutilated Cheque
D. Post-dated Cheque
41. Which bank was placed under the Prompt
Corrective Action (PCA) Framework by Reserve
Bank of India (RBI) due to reasons like high net
NPA (Non-Performing Assets)?
A. Yes Bank
B. Dhanlaxmi Bank
C. Lakshmi Vilas Bank (LVB)
D. City Union Bank (CUB)
42. Which country’s Central bank has released
three coins (100, 1000 and 2500 denomination)
bearing the Sikh symbol to commemorate
550th Birth Anniversary of Guru Nanak Dev?
A. Bhutan
B. Bangladesh
C. Nepal
D. Sri Lanka
43. What is term money?
A. Refers to the borrowing or lending of funds
for 1 day.
B. Refers to borrowing and lending of funds for
a period of more than 14 days.
C. Refers to the borrowing and lending of funds
for 2-14 days.
D. It is lent or borrowed for one day or on
overnight basis.
44. Which of the following is not a method of
measuring National Income?
A. Investment Method
B. Product Method
C. Income Method
D. Expenditure Method
45. Which of the following is related to Money
Market?
A. Commercial Money
B. Treasury Bills
C. Cheque
D. Shares
46. Which two countries has signed
agreements of worth Rs. 2,400 crore to boost
trade ties in the field of rubber, and
construction material, food and beverages,
logistics?
A. India and Indonasia
B. Thailand and India
C. Philippines and India
D. India and Vietnam
47. Which of the following products/articles
hold maximum weightage in WPI?
A. Primary articles
B. Fuel items
C. Manufactured items
D. All of the above
48. Which of the following instrument is
defined under negotiable instrument act?
A. Cheque
B. Draft
C. Promissory Note
D. All of the above.
49. SEBI act 1992 empowers SEBI with
____________ power.
A. Constitutional Power
B. Statutory Power
C. Non Statutory Power
D. All of the above
50. National Bank for Agriculture and Rural
Development (NABARD) was established in?
A. 1980
B. 1981
C. 1982
D. 1983
51. Foreign Exchange Regulation Act (FERA) of
1947was subsequently replaced by Foreign
Exchange Regulation Act __________.
A. 1978
B. 1950
C. 1984
D. 1973
52. “Pure Banking Nothing Else” is a tagline of
which Bank?
A. ICICI Bank
B. UTI Bank
C. SBI Bank
D. HDFC Bank
53. The first attempt to calculate National
Income of India was made by _____________
in 1867 -68.
A. Gopal Krishna Gokhale
B. Justice Ranade
C. Dadabhai Naroji
D. P.C. Mahalanobis
54. What does MIGS stands for?
A. Minimum Income Group Scheme
B. Middle Income Group Scheme
C. Middle Incentive Group Scheme
D. Minimum Incentive Group Scheme
55. What is the full form of SECC?
A. Socio Economic Class Survey
B. Socio Economic Caste Service
C. Social Earning Class Survey
D. Socio Economic Caste Census
56. Recently, the governing council meeting of
National Investment and Infrastructure Fund
(NIIF) was chaired by Union Finance Minister
Nirmala Sitharaman in New Delhi. When the
NIIF India’s first sovereign wealth fund was set
up by government of India?
A. 2013
B. 2014
C. 2015
D. 2016
57. “Mukhya Mantri Kanya Sumangala Yojana”
will provide Rs 15,000 to every family where a
girl child is born. This scheme is launched by
which state?
A. Uttarakhand
B. Bihar
C. Odisha
D. Uttar Pradesh
58. Which of the following has tightened the
rules around resignations of auditors from
listed companies?
A. SEBI
B. RBI
C. Finance Commission
D. SBI
59. Which of the following company has
become the first company in India to hit the
market capitalisation (m-cap) of Rs.9 lakh
crore?
A. Tata Motors
B. Reliance Industries
C. ONGC
D. BHAIL
60. Payment banks can apply for conversion
into small finance banks (SFB) after
______________ of operations.
A. 5 Years
B. 8 Years
C. 1 Years
D. 7 Years
61. The Reserve Bank of India (RBI) issued
revised guidelines for ‘on tab’ licensing of small
finance banks (SFB). The minimum _________
net worth is needed for the license of small
finance bank.
A. Rs. 1 crore
B. Rs. 50 crore
C. Rs. 100 crore
D. Rs. 200 crore
62. Who is the head of Code for Responsible
Lending (CRL) committee set up by RBI?
A. Viral Acharya
B. HR Khan
C. BP Kanungo
D. N. S. Vishwanathan
63. Under Pradhan Mantri Jan Dhan Yojana
accidental insurance cover for new RuPay card
holders to be raised from Rs 1 lakh to:
A. Rs. 2 lakh
B. Rs. 5 lakh
C. Rs. 10 lakh
D. Rs. 6 lakh
64. NPS account can be opened by Indian
citizens above the age of:
A. 18 years and less than 50 years of age
B. 21 years and more than 65 years of age
C. 18 years and less than 65 years of age
D. 21 years and less than 55 years of age
65. ‘AIBEA’ was recently in news what is the
full form of ‘AIBEA’?
A. Asia and India Bank Entrepreneur Association
B. All India Bank Employees Association
C. Agreement of Indian Bankers with Employees
Association
D. Article of Indian Bank Executive Association
66. Unified Payments Interface (UPI) is an
instant real-time payment system developed
by National Payments Corporation of India
facilitating inter-bank transactions. The
interface is regulated by the _________.
A. State Bank of India
B. Reserve Bank of India
C. National Payment Corporation of India
D. Government of India
67. Which of the following is the Central bank
of India?
A. State Bank of India
B. Reserve Bank of India
C. Central Bank of India
D. New Bank of India
68. The Indian banking sector is broadly
classified into _______ and ________ banks.
A. Listed, non-listed
B. Scheduled, non-scheduled
C. Authorised, non-authorised
D. Scheduled, non-listed
69. Who was C. D Deshmukh?
A. First Governor of RBI
B. First Indian Governor of RBI
C. First finance minister of India
D. None of these
70. Repo rate is decided by __________.
A. State Bank of India
B. Reserve Bank of India
C. Finance Ministry
D. Government of India
71. Who prepares the national income
estimates in India?
A. Central Statistical Organization (CSO)
B. Finance Commission
C. Commerce and Industrial Ministry
D. Niti Ayog
72. What is the current SLR?
A. 16.50 %
B. 20.15%
C. 18.50%
D. 18.00%
73. First five-year plan in India was from
___________.
A. 1947 – 1952
B. 1949 – 1954
C. 1950 – 1955
D. 1951 – 1956
74. National Development Council was
constituted on:
A. 2 August 1952
B. 6 August 1952
C. 8 August 1952
D. 12 August 1952
75. The Central Office of the Reserve Bank was
initially established in Calcutta but was
permanently moved to Mumbai in
___________.
A. 1938
B. 1937
C. 1936
D. 1939
76. The nationalisation of RBI was done in
__________.
A. 1949
B. 1950
C. 1951
D. 1952
77. Where was the first mint established?
A. Kolkata
B. Hyderabad
C. Mumbai
D. Bangalore
78. By which of the following NBFC are
regulated?
A. RBI
B. Companies Act 2013
C. SEBI
D. NIFTY
79. How many mints in India produce coins?
A. 3
B. 7
C. 6
D. 4
80. What is the highest rate of GST?
A. 15%
B. 12%
C. 30%
D. 28%
81. The Financial Stability Report (FSR)
determines the risks to financial stability of a
country as well as the issues relating to
development and regulation of the financial
sector. The FSR is released by which
organisation in India?
A. Ministry of Finance
B. Reserve Bank of India
C. Indian Banks’ Association (IBA)
D. National Payments Corporation of India
82. Based on the latest Financial Stability
Report, the PCR of all Scheduled commercial
banks’ (SCBs) rose in September 2019 as
compared to March 2019. Expand PCR
A. Periodic Cost Ratio
B. Proposed Credit Ratio
C. Provision Coverage Ratio
D. Progress Chart Report
83. CRAR is the ratio of a bank’s capital to its
risk. What does it stands for?
A. Capital to Risk Assets Ratio
B. Capital to Risk Adequacy Ratio
C. Capital to Risk Amount Ratio
D. Capital to Risk Analysis Ratio
84. RBI has created CRILC for strengthening
offsite supervision and early recognition of
financial distress. What is the full form of
CRILC?
A. Combined Report of Investigation on Large
Credits
B. Central Repository of Information on Large
Credits
C. Collateral Resource of Information on Large
Credits
D. Credit Rating of Institutions on Large Credits
85. SMA is an account that has the potential to
become an NPA/Stressed Asset. What does
SMA denotes?
A. Special Mention Accounts
B. Stressed Management Accounts
C. Solvent Monetary Accounts
D. Stabilized Monthly Accounts
86. India’s CAD narrowed at US$ 6.3 billion as
per the preliminary data on India’s Balance of
Payments (BoP) for the second quarter (July-
September) of 2019-20. Expand the CAD.
A. Currency Account Deficit
B. Cost Account Deficit
C. Credit Account Default
D. Current Account Deficit
87. The data regarding the India’s International
Investment Position (IIP) is released by?
A. Ministry of Finance
B. RBI
C. Indian Banks’ Association (IBA)
D. National Payments Corporation of India
88. As per the RBI’s recent “Guidelines for ‘on
tap’ Licensing of Small Finance Banks in the
Private Sector”, what should be the minimum
net worth requirement of the entity?
A. Rs 100 crore
B. Rs 500 crore
C. Rs 200 crore
D. Rs 400 crore
89. RBI has capped the aggregate exposure of a
lender to all borrowers at any point of time,
across all P2P platforms to
A. Rs 50, 00,000
B. Rs 20, 00,000
C. Rs 30, 00,000
D. Rs 10, 00,000
90. LCR= [High quality liquid asset amount
(HQLA)/Total net cash flow amount] over a 30-
day stress period. LCR stands for?
A. Liquidity Collateral Ratio
B. Liquidity Credit Ratio
C. Liquidity Cost Ratio
D. Liquidity Coverage Ratio
91. SIDBI stands for _______
A. Small-scale Industries Deployment Bank
Industry
B. Small Industries Development Bank of India
C. Small Interactive Deployment Bank Industry
D. Small Investment Development Bank of India
92. When SIDBI was established?
A. April 5, 1993
B. April 9, 1992
C. April 2, 1990
D. April 8, 1991
93. If any cheque issued by a holder does not
get withdrawn from the bank till three months,
then it is called
A. Crossed Cheque
B. Stale Cheque
C. Post Dated Cheque
D. Anti Dated Cheque
94. What is the purpose of SIDBI?
A. To provide short term lending to industries
B. To provide refinance facilities
C. To develop MSME sector
D. All of the above
95.Which is a subsidiary set up for speedier
resolution of Non-Performing Assets (NPA) in
the MSME sector?
A. RXIL
B. ISARC
C. SVCL
D. ISTSL
96. The right of set-off customers account can
be exercised only by a______?
A. Creditors
B. Debtors
C. Banker
D. Customer
97. What is an acronym for GVA?
A. Gross Value Added
B. General Value Area
C. Goods Value Algorithm
D. Generalized Voluntary Action
98. When was Commercial Paper (CP)
introduced in India for the first time?
A. 1990
B. 1995
C. 2000
D. 2005
99. P- Note (Participatory Note) in India are
issued on the recommendation of
A. RBI
B. SEBI
C. Finance Ministry
D. EPFO
100. What is ‘T’ stand for in the MTSS which is
a term often seen in the banking sector news?
A. Transfer
B. Transaction
C. Tag
D. Total
101. _______is financial institution through
which promoter / promoter groups will be
permitted to set up a new bank.
A. Investment Company(IC)
B. Loan Company (LC)
C. Infrastructure Finance Company (IFC)
D. Non-Operative Financial Holding Company
(NOFHC)
102. SIDBI was formed to promote ________.
A. Agriculture sector
B. Housing sector
C. MSME sector
D. Banking sector
103. How many member nations are there in
the Bank for International Settlements (BIS)?
A. 80
B. 60
C. 100
D. 120
104. What is the purpose of reduction in Cash
Reserve Ratio (CRR)?
A. Reduce Credit Flow
B. Enhance Credit Flow
C. Enhance availability of cash
D. Reduce Cash transactions
105. The first insurance company was started
in India in 1818 at__________.
A. Kolkata
B. Mumbai
C. Delhi
D. Pune
106. The headquarters of International
Monetary Fund is___________.
A. Geneva
B. Washington
C. Paris
D. London
107. When more than one bank is allowing
credit facilities to one party in coordination
with each other under a formal arrangement,
the arrangement is generally known
as___________.
A. Group lending
B. Participation
C. Consortium
D. Ownership
108. What does LAF stands for?
A. Location Adjustment Function
B. Liquidity Adaption Function
C. Listed Absorption Facility
D. Liquidity Adjustment Facility
109. A commercial bank is designated as a lead
bank in each ______ of the country.
A. zone
B. taluka
C. district
D. panchayat
110. Which of the following is not managed by
RBI for India?
A. Currency
B. Stock Exchange
C. Foreign Exchange
D. Government Accounts
111. Name of the bank which first time
introduce the merchant banking in India
is__________.
A. Imperial Bank of India
B. Grind lays Bank
C. United Bank
D. London Bank
112. Largest Public Sector Bank in India
is___________.
A. Allahabad Bank
B. ICICI
C. Punjab National Bank
D. State Bank of India
113. Name of the commission which distributes
the taxes between center and
states____________.
A. National Development Council
B. Finance Commission
C. Direct Tax Commission
D. Planning Commission
114. Which of the following will set up core
banking infrastructure for rural
banks__________?
A. NABARD
B. RBI
C. SIDBI
D. SBI
115. UNCTAD stands for____________.
A. United Nations Conference on Trade and
Dealing
B. Unity National Conference on Trade and
Development
C. United Nations Conference on Trade and
Development
D. Unique Nations Conference on Trade and
Development
Answer: C
116. Where are four regional centres of RBI
located?
A. Mumbai, Kolkata, Chennai and Delhi
B. Kolkata, Chennai, Mumbai, Gujrat
C. Gujarat, Mumbai, Kolkata, Delhi
D. Chennai, Bangalore, Mumbai and Delhi
117. On 2-10-1975, which types of banks were
established___________.
A. Public Sector Banks
B. Private Sector Banks
C. Regional Rural Banks
D. Non Financial Banks
118. EXIM means_________.
A. Export and Import Bank of India
B. Exchange in Monetary Transaction
C. Export in Monetary Transaction
D. None of These
119. EXIM bank offers credit and lines of credit
(LOC) to____________.
A. Foreign Government and Banks
B. Domestic Government and Banks
C. Only Private Sector Banks
D. None of these
120. National Housing Bank was established
on____________.
A. 1985
B. 1984
C. 1988
D. 1992
121. According to the International Monetary
Fund (IMF), what will be the India’s economic
growth forecast _______ for 2020?
A. 5.5%
B. 5.9%
C. 7%
D. 6.1%
122. What is the age range to be eligible for
enrolling in NPS (National Pension Scheme)?
A. 18-25
B. 18-35
C. 18-40
D. 18-65
123. Which of the following institutions has
agreed to provide $100 million to India’s
National Investment and Infrastructure Fund’s
(NIIF) that aims to raise about $1 billion to
invest in up to 10 private equity funds?
A. International Finance Corporation (IFC)
B. New Development Bank (NDB)
C. Asian Infrastructure Investment Bank (AIIB)
D. Asian Development Bank (ADB)
124. Which of the following companies has
launched the ‘Audible Suno app’ in India?
A. Google
B. Flip kart
C. Amazon
D. Microsoft
125. What edition of the Economic Census
which is the first digital census was launched in
New Delhi on December 13th, 2019?
A. 4th
B. 5th
C. 6th
D. 7th
126. As on November 1, 2019 what amount of
loan has been sanctioned under the Pradhan
Mantri MUDRA Yojana (PMMY)?
A. Rs. 8.25 lakh crores
B. Rs. 9.44 lakh crores
C. Rs. 10.24 lakh crores
D. Rs. 10.84 lakh crores
127. Union Home Ministry has sanctioned a
sum of rupees _________from Nirbhaya Fund
for setting up and strengthening of Women
Help Desks in Police Stations of States and
Union Territories (UT).
A. 200 Crore
B. 300 Crore
C. 100 Crore
D. 500 Crore
128. Finance Minister has launched which app
for online auction of assets attached by banks?
A. eSell
B. eBaich
C. eBkray
D. eBay
Answer: C
129. Which Bank has launch OTP-based ATM
cash withdrawal from January 1,2020?
A. State Bank of India
B. Punjab National Bank
C. Dena Bank
D. Syndicate Bank
130. Federal Bank has partnered with online
real estate platform _______ for listing and e-
auctioning of immovable properties
repossessed by the bank in recovery
proceedings.
A. Brigade Enterprises Ltd
B. DLF Ltd
C. Housing Development and Infrastructure Ltd
(HDIL)
D. Magic Brick
131. The Reserve Bank of India (RBI) has
increased the limits imposed on peer-to-peer
lenders to _____.
A. 10 lakh
B. 20 Lakh
C. 30 lakh
D. 50 lakh
132. The fund transfers through the NEFT
system occur in how many batches?
A. 6
B. 12
C. 16
D. 23
133. Nippon which acquires additional 21.54%
stake in Reliance Nippon Life Asset
Management is a company of which country?
A. Russia
B. USA
C. Japan
D. South Korea
134. RBI rejects merger of which two banks?
A. Yes Bank and IndiaBulls
B. Dhanlaxmi Bank and IndiaBulls
C. Yes Bank and Dhanlaxmi Bank
D. Dhanlaxmi Bank and Edelweiss Broking
Limited
135. What does P stand for in STP?
A. Powered
B. Processing
C. Partnership
D. Privileged
136. What is the full form of CIRP?
A. Central Insolvency Resolution Process
B. Credit Insolvency Resolution Process
C. Company Insolvency Resolution Process
D. Corporate Insolvency Resolution Process
137. Which of the following services cannot be
availed through AEPS?
A. Balance Enquiry
B. Cash Withdrawal
C. Overdraft
D. Aadhaar to Aadhaar funds transfer
138. Which General Insurance Company has
launched My: health Woman Suraksha policy?
A. ICICI Prudential
B. Life Insurance Corporation
C. HDFC ERGO
D. SBI LIFE
139. As per the new guidelines of the Reserve
Bank of India for ‘on tap’ licensing of Small
Finance Banks (SFBs) in the Private Sector what
is the minimum paid-up capital for setting up
an SFBs?
A. 100 crore
B. 150 crore
C. 200 crore
D. 250 crore
140. National Thermal Power Corporation
Limited has signed a term loan agreement of
Rs. 5000 crore with which of the following
banks to part finance the capital expenditure
of NTPC?
A. Punjab National Bank
B. State Bank of India
C. Union Bank
D. Bank of India
141. Insurance companies in India are
regulated by –
A. RBI
B. SEBI
C. IRDA
D. None of these
142. The primary function of a central co-
operative bank is to-
A. to channelize the flow of funds from the
State co-
Operative banks
B. mobilize the resources in the district for
financing its members to the maximum extent
possible
C. Both of these
D. None of these
143.Union Budget which is presented every
year in the parliament is also known as-
A. Annual Budget
B. Common Budget
C. General Budget
D. None of these
144. When the conversion rate of our currency
goes high in compared to other currency, it is
known as-
A. Rupee Devaluation
B. Rupee Demodulation
C. Rupee Depreciation
D. None of these
145. Which of the following banks is not
nationalized in 1969 _
A. Central Bank of India
B. Dena Bank
C. Canara Bank
D. Oriental Bank of Commerce
146. In which city the Bank of International
Settlements (BIS) located?
A. New York
B. Basel
C. Washington
D. None of these
147. When it comes to money market
instruments,which among the following is not
true?
A. Treasury bills
B. Certificate of deposits
C. Corporate securities
D. None of these
148. The difference between the total cost of a
project and the sanctioned loan amount is
termed as___________
A. Near Money
B. Gross Income
C. Margin Amount
D. None of these
149. The capital markets regulatory authority
has supervision over-
A. Foreign institutional investors
B. Equity and debt raisers
C. Mutual funds
D. All the above
150. Goods and Service Tax, would replace
which of the following taxes levied at present?
A. Capital gains tax
B. Corporate tax
C. Value-added tax
D. None of these
151. Reserve Bank of India borrows money
from commercial banks at ____ rate.
A. Statutory Liquidity Rate
B. Reverse Repo Rate
C. Repo Rate
D. Bank Rate
152. Suvidha Prepaid Card has been launched
by which of the following banks?
A. Bank of Baroda
B. Canara Bank
C. UCO Bank
D. Dena Bank
153. The credit card scheme, Simply Click, was
launched by ______.
A. Bank of Baroda
B. SBI
C. ICICI Bank
D. HDFC Bank
154. Wave N Pay, a contact-less card was
launched by____________.
A. BOB
B. PNB
C. BOI
D. SBI
155. Recently ________ has launched IRA 2.0,
the advanced version of interactive humanoid
for customer service in Bengaluru.
A. Yes Bank
B. Bank of America
C. HDFC Bank
D. ICICI Bank
156. What is E in SARFAESI?
A. Estimate
B. Enhancement
C. Export
D. Enforcement
157. MCLR stands for _____ Cost of Funds
based Lending Rates.
A. Minimal
B. Minimum
C. Marginalized
D. Marginal
158. India Licensing Expo (ILE) 2018, most
influential brand licensing show was held in
________.
A. Delhi
B. Lucknow
C. Agra
D. Mumbai
159. Electoral Bonds can be purchased from
specified branches of :
A. BOI
B. PNB
C. SBI
D. BOB
160. FICCI is the largest and oldest apex
business organisation in India. The Head Office
of FICCI is located at _________.
A. Mumbai
B. Chennai
C. Bengaluru
D. New Delhi
161. The RBI is authorized to issue notes with
face values of up to Rs _______ and coins up to
Rs 1,000 rupees.
A. Rs 5000
B. Rs 10000
C. Rs 15000
D. Rs 20000
162. The old series of ₹1,000 and ₹500 notes
were demonetized from midnight on which
date?
A. 8 November 2016
B. 18 November 2015
C. 28 November 2017
D. 8 November 2017
163. How many banks were merged in 1921 to
form the Imperial Bank of India?
A. 2
B. 3
C. 4
D. 5
164. Which of the following bank plays an
important part in the Development Strategy of
the Government of India?
A. SBI
B. RBI
C. Imperial Bank of India
D. Government Bank
165. The period between 1906 and 1911 saw
the establishment of banks inspired by the
_____- movement.
A. Home rule
B. Swadesi
C. Angrejo Bharat Chhodo
D. Independence
166. From which year, Shaktikanta Das, who
was the finance secretary with the
Government of India, begins his journey as the
new RBI Governor?
A. 2019
B. 2018
C. 2017
D. 2016
167. With the second round of nationalization,
the Government of India controlled around
how many percents of the banking business of
India?
A. 80%
B. 91%
C. 79%
D. 100%
168. Arundhati Bhattacharya became the first
woman to be appointed Chairperson of the
which bank?
A. RBI
B. SBI
C. HDFC
D. ICICI
Answer: B
169. SBI acquired the control of seven banks in
__________.
A. 1960
B. 1950
C. 1970
D. 1980
170. In which year, The State Bank of Bikaner &
Jaipur, State Bank of Hyderabad, State Bank of
Mysore, State Bank of Patiala and State Bank
of Travancore, and Bharatiya Mahila Bank
were merged with State Bank of India?
A. 2016
B. 2018
C. 2017
D. 2015
171. What is the upper limit of RTGS
transactions?
A. Rs. 1 Lakh
B. Rs. 2 Lakh
C. Rs. 5 Lakh
D. There is no upper limit
172. When was the India Post Payments Bank
incorporated?
A. 17 August 2016
B. 1 July 2016
C. 1 April 2016
D. 7 January 2016
173. When did the regional rural banks start
functioning in India?
A. 1975
B. 1947
C. 1953
D. 1960
174. The main food grain of India is _____.
A. Rice
B. Wheat
C. Sugarcane
D. Maize
175. The ownership right of a company
remains ____________.
A. with company directors
B. with equity shareholders
C. with debenture holders
D. with the government
176. What is needed for creating demand?
A. Production
B. Price
C. Income
D. Import
177. ‘PIN’ in Smart Card is called _________:
A. Permanent Index Number
B. Personal Identification Number
C. Personal Index Number
D. Permanent Identification Number
178. The Securitization Act does not covers
________:
A. Private Sector Banks
B. Consortium of Banks
C. Private Financial Institutions
D. Chit Fund Companies
179. Who among the following has resigned as
deputy governor of the Reserve Bank of India
six months before the end of his term for
“personal reasons”?
A. M. K. Jain
B. Viral V. Acharya
C. B.P. Kanungo
D. N. S. Vishwanathan
180. In which of the following year NEFT was
introduced in India?
A. 2002
B. 2003
C. 2004
D. 2005
181. Who prepares the national income
estimates in India?
A. Central Statistical Office
B. Finance Commission
C. Commerce and Industrial Ministry
D. Niti Ayog
182. What is the current SLR?
A. 16.50 %
B. 20.15%
C. 18.25%
D. 18.00%
183. First five-year plan in India was from
___________.
A. 1947 – 1952
B. 1949 – 1954
C. 1950 – 1955
D. 1951 – 1956
184. National Development Council was
constituted on:
A. 2 August 1952
B. 6 August 1952
C. 8 August 1952
D. 12 August 1952
185. The Central Office of the Reserve Bank
was initially established in Calcutta but was
permanently moved to Mumbai in
___________.
A. 1938
B. 1937
C. 1936
D. 1939
186. The nationalisation of RBI was done in
__________.
A. 1949
B. 1950
C. 1951
D. 1952
187. Where was the first mint established?
A. Kolkata
B. Hyderabad
C. Mumbai
D. Bangalore
188. By which of the following NBFC are
regulated?
A. RBI
B. Companies Act 2013
C. SEBI
D. NIFTY
Answer: C
189. How many mints in India produce coins?
A. 3
B. 7
C. 6
D. 4
190. What is the highest rate of GST?
A. 15%
B. 12%
C. 30%
D. 28%
191. Who is elected as the President of the
Asian Development Bank (ADB)?
A. Takehiko Nakao
B. Jin Liqun
C. Tedros Adhanom
D. Masatsugu Asakawa
192. Which of the following bill is passed by
Parliament to set up a unified authority to
regulate all financial services in India?
A. International Economic Services Centres
Authority Bill, 2019
B. International Financial Services Centres
Authority Bill, 2019
C. International Public Servants Authority Bill,
2019
D. International Financial Reorganisation
Centres Authority Bill, 2019
193. The Seventh Economic Census is being
conducted nationwide and is expected to be
completed by March 2020. When the first
Indian Economic Census was started?
A. 1975
B. 1970
C. 1980
D. 1977
194. Recently, State Bank of India has
announced reduced 1-year marginal cost-based
lending rates by _________.
A. 5 bps
B. 7.5 bps
C. 10 bps
D. 15 bps
195. Recently, Reserve Bank has increased the
household income limits for borrowers of Non-
Banking Financial Companies (NBFCs) and
microfinance institutions (MFIs) from 1 lakh to
__________.
A. Rs. 1.20 lakh
B. Rs. 1.25 lakh
C. Rs. 1.50 lakh
D. Rs. 1.75 lakh
196. Where is the headquartes of Asian
Development Bank?
A. Tokyo, Japan
B. Shanghai, China
C. Jakarta, Indonesia
D. Mandaluyong, Philippines
197. Recently, Wal-Mart launched a co-
branded credit card in partnership with which
bank?
A. HDFC Bank
B. ICICI Bank
C. Citi Bank
D. Axis Bank
198. Ursula von der Leyen has taken charge as
the President of which of the following
international organizations?
A. Asian Development Bank
B. United Nations
C. World Bank
D. European Union
199. In which of the following year NEFT was
introduced in India?
A. 2002
B. 2003
C. 2004
D. 2005
200. The Securitization Act does not covers
________:
A. Private Sector Banks
B. Consortium of Banks
C. Private Financial Institutions
D. Chit Fund Companies
201. Recently, India has announced India a line
of credit of approx __________ as financial
assistance to Sri Lanka.
A. Rs. 4,450 crore
B. Rs. 3,230 crore
C. Rs. 7,854 crore
D. Rs. 800 crore
202. ‘AIBEA’ was recently in news what is the
full form of ‘AIBEA’?
A. Asia and India Bank Enterprenure Association
B. All India Bank Employees Association
C. Agreement of Indian Bankers with Employees
Association
D. Article of Indian Bank Executive Association
203. Which of the following has tightened the
rules around resignations of auditors from
listed companies?
A. SEBI
B. RBI
C. Finance Commission
D. SBI
204. Which of the following is not comprised in
India’s Foreign Exchange Reserves?
A. Foreign Currency Assets (FCAs)
B. Gold holdings of RBI
C. Silver holdings of RBI
D. Special Drawing Rights (SDRs)
205. Which of the following financial
institutions conducts the auction of Treasury
Bills of varying maturities?
A. SEBI
B. Government of India
C. NABARD
D. RBI
206. On which day the Central GST and State
GST authorities have organized a nationwide
GST Stakeholder Feedback Diwas on New GST
Returns?
A. 6th December
B. 7th December
C. 5th December
D. 8th December
207. Recently, Bharosa Saving Accounts is
launched by which of the following Payments
Banks?
A. Jio Payments Banks
B. Aditya Birla Payments Banks
C. India Payments Banks
D. Airtel Payments Bank
Answer: D
208. Recently, RBI has approved the merger of
13 District Cooperative Banks with state
cooperative banks of which state?
A. Kerala
B. Odisha
C. Karnataka
D. Tamil Nadu
209. The Institute of Chartered Accountants of
India has signed an MoU with the _________ to
offer technical training programs to employees
of the government, nationals, and members of
the organization.
A. Cyprus Accountants and Auditors Association
B. Saudi Arabia Accountants and Auditors
Association
C. Kuwait Accountants and Auditors
Association
D. Abu Dabhi Accountants and Auditors
Association
210. Which of the following has organized the
Startup India Global Venture Capital Summit?
A. Department for Promotion of Industry and
Internal Trade
B. Government of Goa
C. Government of Punjab
D. A & B
211. PNB MetLife India Insurance Company has
partnered with which company to provide life
insurance to its customers by fuddling life
insurance covers on their loans?
A. HDFC Ergo
B. ICICI Prudential
C. Bajaj Finserv
D. RevFin
212. RBI launched ___________ Application for
visually challenged people to Identify currency
denomination?
A. RUPAY
B. MANI
C. MONY
D. Chkfake
213. Government of India has constituted a
seven-member Group of Minister (GoM) to
infuse how much amount to revive state-
owned telecom corporations BSNL and MTNL?
A. Rs 69000 crore
B. Rs.79000 crore
C. Rs.50000 crore
D. Rs.70000 crore
214. The Ministry of Statistics and Programme
Implementation has set up a single standing
committee on economic statistics (SCES), who
is the head of the committee?
A. Subramanian Swamy
B. Rajiv Kumar
C. Arvind Panagariya
D. Pronab Sen
215. Karnataka Vikas Grameena Bank (KVGB)
signed a memorandum of understanding with
which private company on solar lightening and
livelihood solutions?
A. Deepa Solar Systems Pvt. Ltd
B. Vikram Solar Pvt. Ltd
C. Loom Solar Pvt. Ltd
D. SELCO Solar Light Pvt. Ltd
216. Finance Minister has launched which app
for online auction of assets attached by banks?
A. eSell
B. eBaich
C. eBkray
D. eBay
217. Which Bank has launch OTP-based ATM
cash withdrawal from January 1, 2020?
A. State Bank of India
B. Punjab National Bank
C. Dena Bank
D. Syndicate Bank
218. Federal Bank has partnered with online
real estate platform _______ for listing and e-
auctioning of immovable properties
repossessed by the bank in recovery
proceedings.
A. Brigade Enterprises Ltd
B. DLF Ltd
C. Housing Development and Infrastructure Ltd
(HDIL)
D. Magic Brick
219. What is the amount Asian Infrastructure
Investment Bank (AIIB) has announced for
irrigation and solar energy projects in India?
A. $210 million
B. $150 million
C. $200 million
D. $500 million
Answer: A
220. The Reserve Bank of India (RBI) has
increased the limits imposed on peer-to-peer
lenders to _____.
A. 10 lakh
B. 20 Lakh
C. 30 lakh
D. 50 lakh
221. Which state owned bank will get fresh
capital of Rs. 2,153 crores from the Central
government?
A. Union Bank
B. United Bank of India
C. Allahabad Bank
D. Punjab National Bank
222. The fund transfers through the NEFT
system occur in how many batches?
A. 6
B. 12
C. 16
D. 23
223. Nippon which acquires additional 21.54%
stake in Reliance Nippon Life Asset
Management is a company of which country?
A. China
B. Russia
C. USA
D. Japan
224. RBI rejects merger of which two banks?
A. Yes Bank and IndiaBulls
B. Dhanlaxmi Bank and IndiaBulls
C. Yes Bank and Dhanlaxmi Bank
D. Dhanlaxmi Bank and Edelweiss Broking
Limited
225. A Scheme for Promoting Innovation, Rural
Industry and Entrepreneurship (ASPIRE) will be
implemented through which bank?
A. SBI
B. IDBI
C. SIDBI
D. BOB
226. The SWIFT international payment network
is one of the largest financial messaging
systems in the world of USA, as equivalent to
that CIPS is of which country?
A. Russia
B. China
C. Japan
D. France
227. Bank of Baroda partnered with which
state government to provide MSME loans?
A. Maharashtra
B. Andhra Pradesh
C. Tamil Nadu
D. Gujarat
228. What does P stand for in STP?
A. Powered
B. Processing
C. Premier
D. Partnership
229. According to the International Monetary
Fund (IMF), what will be the India’s economic
growth forecast _______ for 2020?
A. 5.5%
B. 5.9%
C. 7%
D. 6 1%
230. What is the age range to be eligible for
enrolling in NPS (National Pension Scheme)?
A. 18-25
B. 18-35
C. 18-40
D. 18-65
231. Which of the following agreement/accord
is related to baking reforms?
A. Vienna agreement
B. Basel accord
C. Nagoya Protocol
D. Cartagena Protocol
232. What is the meaning of KYC in
banking/financial sector?
A. Know Your Customer very well
B. Know your existing Customer very well
C. Know your prospective Customer very well
D. Satisfy yourselves about the customer’s
identity and activities
233. What is full form of STT?
A. Standard Transaction Tax
B. Securities Transaction Tax
C. Securities Transfer Tax
D. Standard Transfer Tax
234. Which was the first Mutual Fund started
in India _______?
A. SBI Mutual Fund
B. HDFC Mutual Fund
C. Kotak Pioneer Mutual Fund
D. Unit Trust of India
235. Where is the headquarters of Bureau of
Indian Standards (BIS)?
A. Mumbai
B. Kolkata
C. Bhubaneswar
D. New Delhi
236. The regulator for Mutual Funds in India is?
A. FIMMDA
B. AMFI
C. RBI
D. SEBI
237. If the Statuary Liquidity Ratio (SLR) is
increased, what will be the effect on Bank‘s
credit situation?
A. It will be reduced
B. It will be increased
C. It will remain unaffected
D. All of the above
238. Kisan Credit Cards (KCC) Scheme was
formulated in the year-
A. 1996
B. 1997
C. 1998
D. 2000
239. What is the full form of “CIN” with respect
to OLTAs?
A. Challan Identification Number
B. Challan Identification Notary
C. Channel Identification Number
D. Challan Inventory Number
240. The components of Tier-I capital of a
banking company include:
A. capital reserve representing surplus arising
out of sale proceeds of assets
B. paid-up capital, statutory reserves and other
disclosed free reserves, if any
C. both A and B
D. revaluation reserves, hybrid capital
instruments and subordinated term debt,
241. Banking Regulation Act 1949, does not at
all apply to-
A. Nationalized banks
B. Foreign banks having branches in India
C. Both A and B
D. Co-operative Banks
242. A __________ is a loan in which property
or real estate is used as collateral.
A. Mortgage
B. Assets
C. Balance Sheet
D. Ledger
243. Banknotes can be issued in any
denominations but coins can be issued up to
what denomination?
A. Rs. 5000
B. Rs. 1000
C. Rs. 500
D. Rs. 100
244. Reserve Bank of India has raised the
microloan limits to ensure a higher flow of
funds to the economically weaker section. The
regulator has raised the household income
limit for availing microloans while enhanced
the lending limit to Rs _____________ lakh per
eligible borrower from Rs 1 lakh earlier.
A. 1 lakh
B. 3 lakh
C. 7 lakh
D. 5 lakh
245. RBI issued its first banknote in January
1938 bearing the portrait of George IV. What
was its denomination?
A. Rs. 5
B. Rs. 10
C. Rs. 1
D. Rs. 2
246. Bank holidays under Section 25 of the
Negotiable Instruments Act, 1881 are declared
by?
A. State Government for the respective State
B. Banking Operations Department
C. Central Government
D. RBI
247. The tax payer’s data flows directly from
banks to Tax Information Network (TIN). Who
maintains TIN?
A. RBI
B. National Securities Depository Ltd
C. National Securities Defense Ltd
D. Enforcement Directorate
248. Which of the following is not included in
CAMELS?
A. Capital Adequacy and Asset Quality
B. Management and Earning Performance
C. Employees Performance
D. Liquidity and Systems
249. When were banknotes in the Mahatma
Gandhi Series introduced?
A. 1991
B. 1995
C. 1996
D. 2000
250. Ways and Means advances are provided
by Reserve Bank of India only to-
A. Central Government
B. State Government
C. Both A and B
D. None of the given options is true
251. Consider these statements:-
Statement I: RBI decides the volume and value
of banknotes be printed.
Statement II: RBI decides the volume and value
of coins be minted.
A. Both are true.
B. Both are false.
C. Statement I is true, but statement II is false
D. Statement I is false, whereas II is true
252. The individual who is named in the
cheque for getting the payment is known as?
A. Payee
B. Drawee
C. Drawer
D. Endorsee
253. Which type of accounts is very popular
among companies, firms, public enterprises,
businessmen who generally have a higher
number of regular transactions with the bank?
A. Term Deposit Account
B. Saving Account
C. Current Account
D. All of the above
254. Capital adequacy is worked out based on?
A. Total demand and time liabilities
B. Net demand and time assets
C. Risk-weighted assets
D. Risk-weighted liabilities
255. In which year does the Differential Rate of
Interest Scheme was introduced?
A. 1972
B. 1982
C. 1992
D. None of these
256.In which of the following types of banking,
there is a direct execution of transaction
between a bank and its consumers?
A. Retail Banking
B. Universal Banking
C. Virtual Banking
D. Unit Banking
257. What is the meaning of “I” promise to pay
‘clause written on notes?
A. The bank’s obligation to pay the value of
banknote does not arise out of a contract but
out of statutory provisions
B. The bank’s obligation to pay the value of
banknotes does arise out of a contract but not
out of statutory provisions.
C. This obligation is neither due to a contract
nor a statutory provision.
D. It means that to pay you the value, there is
sovereign guaranty.
258. What is the name of technology given to
the recently introduced computerized
clearance of cheques?
A. Automatic clearance
B. MICR
C. Speed line System
D. Special cleaning
259. To enforce law and order Government of
India has many agencies. SFIO is one of them.
SFIO stands for
A. Serious Fraud Interrogation Office
B. Serious Fraud Investigation Office
C. Serious Feud Interrogation Office
D. Serious Fraud Interrogation Ordinance
260. MICR code is a 9-digit code that uniquely
identifies the bank and branch participating in
an ECS. What is full form of ECS?
A. Electronic Clearing Service
B. Electronic Clearing Security
C. Electronic Clearing Source
D. Electronic Clearing System
261. Consider these statements:-
Statement I: One rupee notes are the liability of
GOI.
Statement II: Two rupee note is the liability of
RBI
A. Both statements are true
B. Both are false.
C. Statement I is true, whereas II is false.
D. Statement I is false, whereas II is true.
262. We can open a saving bank account in the
sole name of a minor if he completes age of
_____?
A. 18
B. 21
C. 10
D. None of these
263. In SNRR Account, SNRR stands for
________.
A. Statutory Non Reflex Rupee
B. Single Non Resident Rupee
C. Special Non Resident Rupee
D. None of these
264. What is the purpose of KYC in banking?
A. It is used for customer identification
B. It is used against money laundering
C. It is used by the central bank to control
liquidity
D. Both A and C
265. When Reserve Bank intends to increase
credit by the banking system, it
A. Reduces the bank rate
B. Raises the bank rate
C. Freezes the bank rate
D. None of these
266. Tagline of Bank of Baroda
A. Where India Banks
B. India’s International Bank
C. Relationships beyond Banking
D. None of these
267. Normally banks accept fixed Deposits for a
maximum period of:
A. 5 years
B. 10 years
C. 20 years
D. None of these
268. _____________is a short term and
unsecured promissory notes issued by
corporations with very high credit standing?
A. Demand draft
B Credit card
C. Commercial Paper
D. None of these
269. Which of the following is not a tool in the
hands of RBI to control the inflationary
pressure in the country?
A. Bank Rate (BR)
B. Special Drawing Rights (SDR)
C. Statutory Liquidity Ratio (SLR)
D. None of these
270. When was the Financial Market
Department established by RBI?
A. May, 1999
B. Jan, 2000
C. July, 2005
D. None of these
271. What is the full form of STT?
A. Standard Transaction Tax
B. Securities transaction tax
C. Securities transfer tax
D. None of these
272. Which was the first Mutual Fund started
in India _______?
A. Unit Trust of India
B. SBI Mutual Fund
C. HDFC Mutual Fund
D. None of these
273. Kisan Credit Cards (KCC) Scheme was
formulated in the year:
A. 1996
B. 1997
C. 1998-99
D. None of these
274. When were banknotes in the Mahatma
Gandhi Series introduced?
A. 1991
B. 1995
C. 1996
D. None of these
275.”Ways and Means” advances are provided
by Reserve Bank of India only to:
A. central Government
B. State Government
C. Both A and B
D. None of these
276. When a cheque is drawn on a bank, the
bank is called the _______?
A. Payee
B. Drawee
C. Drawer
D. None of these
277. Balance in a current account is classified
as ________.
A. Hybrid Deposit
B Term Deposit
C. Demand Deposit
D. None of these
278. For opening a new branch, a Regional
Rural Bank requires _________.
A. permission of NABARD
B. Approval of DRDA
C. RBI license
D. None of these
279. Which of the following appears in the
balance sheet of a company?
A. Authorized Capital
B. Partner’s Capital
C. Paid up Capital
D. None of these
280. How many mints in India produce coins?
A. Four mints
B. Two mints
C. Three mints
D. None of these
281. FIMMDA‘s general principles and
procedures are applicable to _________?
A. Fixed Income Markets
B. Money Markets
C. Derivatives Markets
D. All of the above
282. Cash Reserve Ratio (CRR) is to be
maintained on Net Demand and Time
Liabilities (NDTL). SLR is thus required to be
maintained on ________?
A. Total Demand and Time Liabilities
B. Net Demand and Time Liabilities
C. Total Demand and Time Assets
D. None of these
283. The main foreign exchange reserves in the
country are:-
A. Foreign Currency assets
B. Gold Stock
C. Special Drawing Rights
D. All of the above
284. Which of the following type of budgeting
being used in India?
A. Balanced Budget
B. Zero bases Budget
C. Receipts Budget
D. All of the above
285. The tax levied by Local Governments i.e.
Municipal Corporations and municipalities is
_______.
A. Wealth Tax
B. House Tax
C. Gift Tax
D. None of these
286. For which of the following bank account
there is no deduction of TDS?
A. Saving Bank accounts
B. Recurring Deposit accounts
C. Term deposit Accounts
D. Both A & B
287. What is the full from of AMFI?
A. Association of Manual Funds in India
B. Association of Mutual Funds in India
C. Action of Mutual Funds in India
D. None of these
288. IFSC in a cheque means:-
A. Indian Financial System Code
B. It has 11 digits alpha numeric
C. This code is used in remitting funds through
RTGS and NEFT
D. All the above
289. Safe deposit locker – a product offered in
the Indian retail banking segment under: –
A. Retail loan products
B. Retail deposit products
C. Retail services
D. None of these
290. New and re-issuable currency notes are
stored in _____________maintained by the
banks as agents of Reserve Bank of India.
A. Currency chests
B. Treasuries
C. Branches
D. None of these
291. Which of the following committees/ Task
Forces was set up to suggest reforms in
Banking Sector?
A. Swaminathan Committee
B. Narasimham Committee
C. Rajinder Sachar Committee
D. None of these
292. What is the full form of the term REITs?
A. Regional Estate Innovation Trusts
B. Real Estate Investment Trusts
C. Restructured Estate Investment Trusts
D. None of these
293. Entry Load is a term associated with which
of the following?
A. Startups
B. Mutual Funds
C. Shipping
D. None of these
294. What is the headquarters of Canara Bank?
A. Mangalore
B. Bengaluru
C. Chennai
D. None of these
295. The full form of BBPS is-
A. Best Business Practice
B. Bharat Bill Payment Service
C. Bharat Bill Payment System
D. None of these
296. Which committee recommended the
universal banking concept?
A. R H Khan Committee
B. S Padmanabhan Committee
C. YH Malegam Committee
D. None of these
297. Reserve Bank of India was nationalized
in:-
A. 1947
B. 1949
C. 1948
D. None of these
298. Which is the first Indian company to be
listed in NASDAQ?
A. TCS
B. HCL
C. Infosys
D. None of these
299. Monetary Policy of RBI does not include
______?
A. Control the Supply of Money
B. Reduction of taxes
C. Fixation of rate of interest (least in some
categories)
D. Fixation of Repo rate and Reverse Repo rate
300. National Council of Applied Economic
Research (NCAER) is located in _______
A. Mumbai
B. New Delhi
C. Chennai
D. None of these
301. Which financial company has launched
India’s first corporate bond exchange-traded
fund (ETF), called the Bharat Bond ETF?
A. Edelweiss Asset Management Company
(AMC)
B. Mahindra & Mahindra Financial Services
Limited
C. Muthoot Finance Ltd
D. HDB Financial Services
302. Which Bank has announced the reduction
in its marginal cost of fund-based lending rate
(MCLR) by 10 basis points across all one-year
products?
A. Punjab National Bank
B. State Bank of India
C. Allahabad Bank
D. Axis Bank
303. The Securities and Exchange Board of
India (SEBI) has doubled the minimum
investment limit for clients of Portfolio
Management Services to _______.
A. Rs 40 lakh
B. Rs 50 lakh
C. Rs 80 lakh
D. Rs 100 lakh
304. Which of the following became the first
company to list its commercial papers on the
stock exchanges?
A. Bajaj Finserv
B. American Express Bank Ltd. India
C. Aditya Birla Finance Ltd (ABFL)
D. Edelweiss Securities Ltd
305. Name the Non-Banking Finance Company
(NBFC) which has acquired the Mutual Fund
(MF) business worth Rs. 215 crores of IDBI
Bank?
A. Muthoot Finance
B. Bajaj Finserv Ltd.
C. Mahindra & Mahindra Financial Services
Limited.
D. Power Finance Corp
306. On November 20, 2019, the Union Cabinet
has approved the strategic disinvestment for
how many Central Public Sector Enterprises?
A. Four
B. Five
C. Six
D. Seven
307. On 20th November 2019, the Reserve
Bank of India (RBI) has superseded the board
of which of the following housing finance
companies as it “intends to shortly” initiate the
process of insolvency?
A. Dewan Housing Finance Corporation Limited
(DHFL)
B. HDFC Housing Finance
C. Indiabulls Housing Finance Limited
D. L&T Housing Finance Limited
308. The Ministry of Statistics and Programme
Implementation (MOSPI) is considering
changing of base year for GDP calculation from
2011-12 to ______
A. 2014-15
B. 2015-16
C. 2016-17
D. 2017-18
309. ICICI Lombard has been partnering with
which Payments Bank to offer non-life
insurance solutions to its customers?
A. Airtel Payments Bank
B. India Post Payments Bank
C. Fino Payments Bank
D. Jio Payments Bank
310. For which state’s integrated and
Sustainable Water Resources Management
Investment Program the Government of India
has signed USD 91 million loans with Asian
Development Bank (ADB)?
A. Haryana
B. Karnataka
C. Tamil Nadu
D. Gujarat
311. In which of the following ports of India the
world’s first CNG terminal will come?
A. Kandla, Gujarat
B. Bhavnagar, Gujarat
C. Vishakhapatnam, Andhra Pradesh
D. Kochi, Kerala
312. As per the Sample Registration System
(SRS) Bulletin-2016, released on November 07,
2019, the Maternal Mortality Ratio (MMR) in
India has decreased by _____ since 2013.
A. 21. 5%
B. 23.8%
C. 26.9 %
D. 29.9%
313. The Reserve Bank of India has increased
the household income limits for borrowers of
Non-Banking Financial Companies (NBFCs) and
microfinance institutions (MFIs) from 1 lakh to
____.
A. 1.25 lakh rupees.
B. 1.50 lakh rupees.
C. 1.75 lakh rupees.
D. 2.00 lakh rupees.
314. Which of the following insurance
companies has launched ‘Farmitra’ mobile
app?
A. New India Assurance Company Limited
B. United India Insurance Company
C. Life Insurance of India
D. Bajaj Allianz General Insurance
315. Which of the following rating agencies has
lowered the outlook on the government of
India’s ratings to ‘negative’ from ‘stable’?
A. Moody’s Investors Service
B. Standard & Poor’s
C. Fitch Ratings
D. CRISIL
316. The Reserve Bank of India (RBI) has
imposed a fine of Rs 5 lakh on which prepaid
payment instrument?
A. Paytm
B. Mobikwik
C. Oxygen Services
D. Vodafone M-Pesa Limited
317. Name the product that has been allocated
a separate Harmonized System (HS) code by
the Union Government to give an impetus to
the export of it?
A. Gems & Jewelry
B. Vehicles
C. Khadi
D. Pharmaceuticals
318. Which of the following Small Finance
Banks has launched an instant digital savings
account (SA) along with Fixed Deposit (FD) and
Privilege Savings Account to offer distinctive
banking and digital services to its customers?
A. Janalakshmi Small Finance Bank
B. Equitas Small Finance Bank
C. A U Small Finance Bank
D. Ujjivan Small Finance Bank
319. Name the Application unveiled by the
Finance Minister Nirmala Sitharaman that will
facilitate hassle-free and faster clearance by
Customs at the airports and enhance the
experience of international tourists and other
visitors at the airports?
A. ICEDASH
B. ATITHI
C. AGANTUK
D. AGAMAN
320. Name the insurance firm which has
received the in-principle approval from
insurance regulator IRDAI to act as a direct
insurance broker?
A. Aditya Birla Sun Life Insurance Co. Ltd.
B. Religare Health Insurance Company Limited
C. Acko General Insurance
D. BSE-Ebix Insurance Broking Pvt Ltd
321. ______________is the distribution of
insurance products and the insurance policies
of insurance companies by banks as corporate
agents through their branches
A. Insurance
B. Cross Selling
C. Mutual Funds
D. Banc assurance
322. ________is the rate of interest on which
banks base their lending rates. Usually loans
are given at a rate higher than the this rate and
saving rate is below the this rate
A. Base Rate
B. Repo Rate
C. Bank Rate
D. Reverse Repo rate
323. ______________ is an account that can be
opened generally for business purposes with
no restrictions on withdrawals and no interest
paid
A. Current Account
B. Savings Account
C. Fixed Deposit Account
D. Demat Account
324. What is the purpose of SIDBI?
A. To provide short term lending to industries
B. To provide refinance facilities
C. To develop MSME sector
D. All of the above
Answer: D
325. ____________is the amount of funds that
a bank keeps with the Reserve Bank of India
A. Cash Reserve Ratio
B. Repo Rate
C. Reverse Repo Rate
D. Base Rate
326. _________is a loan that is made for a very
short period of a few days only with a low rate
of interest
A. Commodity Money
B. Plastic Money
C. Notice Money
D. Call Money
327. __________are loans given by a bank on
which repayments or interest payments are
not being made on time
A. Bad Assets
B. Return Assets
C. Non Performing Assets
D. Good Performing Assets
328. ________ is the amount of Funds
borrowed by the government to meet the
expenditures.
A. Capital Deficit
B. Fiscal Deficit
C. Current Account Deficit
D. Current Loan
329. In EPL, “L” stands for _________
A. Level
B. Liability
C. Letter
D. Limited
330. UNL stands for _____________
A. Ultimate Net Loss
B. Universal Net Loss
C. Uninsured Net Loss
D. Unexpected Net Loss
331. India’s total foreign exchange (Forex)
reserves stand at around US$453 billion as on
06 December 2019. The Foreign exchange of
India is kept with _________
A. SBI
B. ECGC
C. RBI
D. NABARD
332. Which of the following instruments is not
a Negotiable Instrument, as per NI Act, 1881?
A. Bills of Exchange
B. Letter of credit
C. Bank Draft
D. Promissory Notes
333. Deposits under Foreign Currency Non-
Resident (FCNR) scheme can be accepted for a
minimum of _______
A. 15 days
B. 3 months
C. 6 months
D. 1 year
334. One of the State Government avails of a
temporary financial assistance from Reserve
Bank of India. This type of finance is called
_______?
A. Overdraft
B. Temporary loan
C. Short term finance
D. Ways and Means advance
335. Which of the following forms of securing a
loan is the safest one?
A. Lien
B. Assignment
C. Pledge
D. Hypothecation
336. When banks accept a fixed sum of money
from an individual for a definite term and pay
on maturity with interest, the deposit is known
as-?
A. demand deposit
B. term deposit
C. bond
D. mortgage
337. Which of the following public sector banks
has celebrated it centenary year in 1965?
A. Central Bank of India
B. Allahabad Bank
C. State Bank of India
D. Bank of Maharashtra
338. The primary function of a central co-
operative bank is-?
A. to channelize the flow of funds from the
State cooperative banks
B. mobilize the resources in the district for
financing its members to the maximum extent
possible
C. funds of the bank consist of share capital,
deposits, loans and overdrafts from state co-
operative banks and joint stocks.
D. All of the above
339. Which of the following Bank in 2012 has
celebrated its 30th year of continuous service?
A. RBI
B. SIDBI
C. Central Bank of India
D. NABARD
340. Which of the following
organizations/agencies works solely to monitor
and arrange flow of agriculture credit in India?
A. NABARD
B. SIDBI
C. RBI
D. SEBI
341. The RBI has decided to stop circulation of
the coin of which of the following
denominations from June 2011?
A. 50 paise
B. Rs 1
C. Rs 2
D. 25 paise
342. Insurance companies in India are
regulated by-?
A. RBI
B. AMFI
C. SEBI
D. IRDAI
343. Department of Economic Affairs is part of
which of the following Ministry?
A. Ministry of Home Affairs
B. Ministry of Planning
C. Ministry of Finance
D. Ministry of Heavy Industries & Public
Enterprises
344. The currency notes of which of the
following denominations are not printed in
India?
A. Rs 5
B. Rs 10
C. Rs 50
D. Rs 2,500
345. Union Budget which is presented every
year in the parliament is also known as-?
A. Government Budget
B. Common Budget
C. General Budget
D. Finance Report of the year
346. Basel Norms are associated with –
A. Share Market
B. Banking
C. Insurance
D. Medical
347. How Many Countries is the member of
World Bank?
A. 164
B. 189
C. 193
D. 194
348. If there is a lack of money supply in
comparison to the supply of goods and
services, then the possible consequence would
be ______________.
A. Inflation
B. Deflation
C. Devaluation
D. Hyperinflation
349. Marginal cost is dependent
upon________.
A. Only fixed cost
B. Only variable cost
C. Both fixed cost and variable cost
D. All the above
350. The best indicator of economic
development of any country is __________.
A. Its agriculture
B. Its transport
C. Its gross production
D. Its per capita income
351. The holidays for the banks are declared
according to which act?
A. Reserve Bank Act
B. Companies Act
C. Banking Regulation Act
D. Negotiable Instrument Act
352. What do you mean by a non-performing
asset?
A. An asset that ceases to generate income
B. Money at call and short notice
C. Cash balance with other banks
D. Cash balance with RBI
353. What is the Minimum Capital
Requirement to open Small Finance Banks?
A. 200 Crore
B. 500 Crore
C. 300 Crore
D. 100 Crore
354. RBI has imposed banking restrictions on
PMC bank in September. What is the full form
of PMC?
A. Punjab and Madhya Pradesh Co-operative
Bank
B. Pune and Mumbai Co-operative Bank
C. Pune and Madhya Pradesh Co-operative Bank
D. Punjab and Maharashtra Co-operative Bank
355. How much additional installment of
Dearness Allowance and Dearness Relief has
approved by the Union Cabinet?
A. 6 %
B. 7 %
C. 5 %
D. 4 %
356. Foreign Exchange Regulation Act (FERA) of
1947 was subsequently replaced __________.
A. 1978
B. 1950
C. 1984
D. 1973
357. Which country is the world’s largest
consumer of almonds?
A. China
B. Spain
C. United State
D. Vietnam
358. “Pure Banking Nothing Else” is a tagline of
which Bank?
A. ICICI Bank
B. UTI Bank
C. SBI Bank
D. HDFC Bank
359. Disinvestment means-
A. To reduce the government shares in the
private sector.
B. To reduce government share in the FDI.
C. To reduce government share in Market.
D. To reduce the government shares in the
public sector.
360. Economic planning is an important feature
of _________.
A. Mixed Economy
B. Socialist Economy
C. Dual Economy
D. Capitalist Economy
361. PAN number is required for all
transactions above-
A. Rs. 2.5 lakh
B. Rs. 10 lakh
C. Rs. 2 lakh
D. None of these
362. Mutual Fund Scheme that operates
continuously without any limit entry for
subscriptions and redemption is-
A. Close Ended
B. Open-Ended
C. Mixed Fund
D. None of these
363. Banking Industry has been declared as
public utility service for purpose of
A. Reserve bank of India Act, 1934
B. Banking Regulation Act, 1949
C. Industrial Disputes Act
D. None of these
364. At Present, What is the maximum amount
that a payment bank can accept from a
depositor?
A. Rs.5 lakhs
B. Rs.1 lakh
C. Rs.2 lakhs
D. None of these
365. Foreign exchange reserves of India are
kept in the custody of which of the following?
A. International Bank for Reconstruction and
Development
B. Reserve Bank of India
C. State Bank of India
D. None of these
366. 1936, the issued/paid-up capital of a
Regional Rural Bank should be –
A. Rs. 5 lakh
B. minimum Rs 25 lakh and maximum Rs 100
lakh
C. Rs. 80 lac
D. None of these
367. An account which is maintained by
depositing undistributed parts of profit for
future needs is known as ________
A. Savings Account
B. Current Account
C. Reserve Account
D. None of these
368. Goods and Service Tax, would replace
which of the following taxes levied at present?
A. Capital gains tax
B. Corporate tax
C. Value-added tax
D. None of these
369. Where is the headquarter of the Insurance
Regulatory and Development Authority
(IRDA)?
A. Hyderabad
B. Bangalore
C. Mumbai
D. None of these
370. Which of the following is a financial ratio
that gives a measure of a company‘s ability to
meet its financial losses?
A. Cash Reverse Ratio
B. Leverage Ratio
C. Statutory Liquidity Ratio
D. None of these
371. IFSC in a cheque means:
A. Indian Financial System Code
B. It has 11 digits alphanumeric
C. First 4 digits represent Bank Name
D. All the above
372. The announcement of Bank holidays on
2nd and 4th Saturday will be effective from-
A. 31st August 2015
B. 1st September 2015
C. 30th August 2015
D. None of these
373. Which committee is heading the
conversion of Urban Cooperative Banks into
Regular Banks?
A. R Gandhi
B. Urjit R. Patel
C. H R Khan
D. None of these
374. Which of the following is not the function
of Payment bank?
A. Issue of ATM /Debit card
B. Issue of Credit Card
C. Accepts Deposits
D. None of these
375. When the conversion rate of our currency
goes high in compared to other currency, it is
known as-
A. Rupee Devaluation
B. Rupee Demodulation
C. Rupee Depreciation
D. None of these
376. NEFT is useful because:-
A. The remitter need not send the physical
cheque or Demand Draft to the beneficiary.
B. The beneficiary need not visit his/ her bank
for depositing the paper instruments
C. Cost-effective
D. All the above
377. Maximum age for retirement for MD/CEO
of all private banks is__________
A. 70
B. 65
C. 60
D. None of these
378. What does AGM stand for in business?
A. American General Meeting
B. Academic General Meeting
C. Annual General Meeting
D. None of these
379. Which among the following is at times
mentioned as a kind of Direct Debit Facility?
A. RTGS
B. ECS
C. NEFT
D. None of these
380. Which term refers closure of the loan
account prior to the tenure fixed for the
account?
A. Pre Approved
B. Pre Closure
C. Personal Disposable
D. None of these
381. Choose the correct pair which comes
under LAF –
A. CRR and SLR
B. Repo rate and Reverse Repo Rate
C. Base rate and MCLR
D. CRR and Repo Rate
382. Government issues securities to maintain
money flow and to raise short term funds
which one is not government security?
A. Treasury Bills
B. Dated Government Securities
C. Commercial Papers
D. Sovereign Gold Bond
383. How much FDI is permitted for E-
commerce sector in India?
A. 49%
B. 51%
C. 100%
D. 26%
384. If a bank is not able to recover its loan and
advances it is called:
A. Market Risk
B. Distribution Risk
C. Operational Risk
D. Credit Risk
385. In context with RBI, OLTAS was introduced
in which year?
A. 2000
B. 2002
C. 2004
D. 2006
386. MICR code is a 9 digits numeric code, it
represents:
A. Bank, City, Branch
B. City, Bank, Branch
C. Branch, Bank, City
D. Branch, City, Bank
387. NDRF stands for:
A. National Disaster Rescue Force
B. National Disaster Response Federation
C. New Disaster Rescue Force
D. National Disaster Response Force
388. RBI issued guidelines to Know Your
Customer (KYC), which is not a necessary
document to complete KYC?
A. Photographs
B. Birth Certificate
C. Address Proof
D. Identity Proofs
389. The highest denomination note ever
printed by the Reserve Bank of India was-
A. 1000
B. 5000
C. 10000
D. 20000
390. Which country is the second-largest
mobile phone producer in the world?
A. USA
B. China
C. Indonesia
D. India
391. What is the main objective of Minimum
Support Price?
A. Check fall in price beyond a limit.
B. Protect the interest of the consumers.
C. Make procurement from the wholesalers
easy.
D. All are true
392. What is the maximum deposit limit that
can be made in a PPF account in any given
financial year?
A. Rs.50, 000
B. Rs.1.0 lakhs
C. Rs.1.5 lakhs
D. Rs.2.0 lakhs
393. Where is the Headquarters of UCO Bank?
A. Mumbai
B. Kolkata
C. Chennai
D. New Delhi
394. Which country is not a member of
“ASEAN”?
A. Australia
B. Canada
C. Indonesia
D. A and B
395. Which entity has surpassed State Bank of
India (SBI) for the first time, in terms of market
capitalization?
A. Bajaj Finance Ltd
B. ICICI Bank
C. HDFC Bank
D. Axis Bank
396. How many countries is the member of
United Nation?
A. 194
B. 169
C. 193
D. 189
397. What does letter ‘L’ denotes in CAMELS
ratings?
A. Leverage
B. Liability
C. Liquidity
D. Lien
398. If Reserve Bank of India reduces the Bank
Rate, what will be its impact?
A. Liquidity decrease
B. Liquidity increase
C. No change in liquidity
D. All of these
399. Wholesale Banking is a banking service
between ______________ and other financial
institutions.
A. Foreign banks
B. Local banks
C. Merchant banks
D. Central banks
400. Which of the following measures the
efficiency of the current assets and liabilities in
a particular period?
A. Liquidity Ratio
B. Activity Ratio
C. Solvency Ratio
D. Profitability Ratio
401. The ownership right of a company
remains ____________.
A. with company directors
B. with equity shareholders
C. with debenture holders
D. with the government
402. NEFT was in news recently, what does ‘E’
stands for ________.
A. Equity
B. Electronic
C. Economic
D. Exchange
403. From when, Reserve Bank of India (RBI)
has decided to allow the National Electronic
Funds Transfer (NEFT) services to be active
24×7?
A. January 2020
B. November 2019
C. December 2019
D. April 2020
404. Which bill is not accepted under the
Bharat Bill Payment system (BBPS)?
A. Telecom Bills
B. Electricity
C. Gas
D. Prepaid recharges
405. The Securitization Act does not covers
________:
A. Private Sector Banks
B. Consortium of Banks
C. Private Financial Institutions
D. Chit Fund Companies
406. Name the stock exchanges, which have
received permission from the Securities and
Exchange Board of India (SEBI) to operate
jointly in Gujarat International Finance Tec
(GIFT) City under the proposed programme
‘Connect’.
A. National Stock Exchange (NSE) and the
Singapore Exchange (SGX)
B. Shanghai Stock Exchange (SSE) and the
National Stock Exchange (NSE)
C. New York Stock Exchange (NYSE) and the
Singapore Exchange (SGX)
D. Bombay Stock Exchange (BSE) and National
Stock Exchange (NSE)
407. Where is the headquarters of Corporation
Bank?
A. Allahabad
B. New Delhi
C. Mumbai
D. Mangalore
408. What is the tagline of Indian Bank?
A. Your own bank
B. One family, one bank
C. Good people to grow with
D. Your trusted bank
409. What is needed for creating demand?
A. Production
B. Price
C. Income
D. Import
410. ‘PIN’ in Smart Card is called _________:
A. Permanent Index Number
B. Personal Identification Number
C. Personal Index Number
D. Permanent Identification Number
411. In which year, ICICI Ltd along with UTI had
set up CRISIL as India’s first professional credit
rating agency?
A. 1980
B. 1987
C. 1990
D. 2000
412. The Nedungadi Bank was the first private
sector bank in India, founded in 1899 by Rao
Bahadur T.M. Appu Nedungadi in ________.
A. Tamilnadu
B. Kerala
C. Madhya Pradesh
D. Odisha
413. Book “The Problem of the Rupee – Its
origin and its solution” is written by _______.
A. Dr. Rajendra Prasad
B. Dr. B. R Ambedkar
C. Hilton Young
D. Manmohan Singh
414. Which bank is not regulated by RBI?
A. State Bank of Sikkim
B. Punjab and Sind Bank
C. Central Bank of India
D. None of these
415. When was the India Post Payments Bank
incorporated?
A. 17 August 2016
B. 1 July 2016
C. 1 April 2016
D. 7 January 2016
416. When did the regional rural banks start
functioning in India?
A. 1975
B. 1947
C. 1953
D. 1960
417. The main food grain of India is _____.
A. Rice
B. Wheat
C. Sugarcane
D. Maize
418. Who among the following has resigned as
deputy governor of the Reserve Bank of India
six months before the end of his term for
“personal reasons”?
A. M. K. Jain
B. Viral V. Acharya
C. B.P. Kanungo
D. N. S. Vishwanathan
419. In which of the following year NEFT was
introduced in India?
A. 2002
B. 2003
C. 2004
D. 2005
420. Which act has been replaced by the
Consumer Protection Bill, 2019 that seeks to
establish authorities for timely and effective
administration and settlement of consumer
disputes?
A. Consumer Protection Act, 1984
B. Consumer Protection Act, 1985
C. Consumer Protection Act, 1986
D. Consumer Protection Act, 1987
421. The Union Cabinet has approved a
proposal to provide __________ viability gap
funding for building a 1,656 km gas grid in the
Northeast region.
A. 5,500 crore
B. 5,800 crore
C. 6,000 crore
D. 5,559 crore
422. Export-Import Bank (Exim Bank) of India
has given a _____ line of credit to Cuba for
financing 75 MW Photovoltaic Solar Parks.
A. 65 million
B. 75 million
C. 85 million
D. 95 million
423. According to the International Monetary
Fund (IMF), what will be the India’s economic
growth forecast _______ for 2020?
A. 5.5%
B. 5.9%
C. 7%
D. 6.1%
424. What is the age range to be eligible for
enrolling in NPS (National Pension Scheme)?
A. 18-25
B. 18-35
C. 18-40
D. 18-65
425. What is increased coverage amount of the
‘Micro Bachat’ plan which was earlier 1 lakh?
A. 2 Lakh
B. 2.5 Lakh
C. 3 Lakh
D. 4 Lakh
426. Which of the following institutions has
agreed to provide $100 million to India’s
National Investment and Infrastructure Fund’s
(NIIF) that aims to raise about $1 billion to
invest in up to 10 private equity funds?
A. International Finance Corporation (IFC)
B. New Development Bank (NDB)
C. Asian Infrastructure Investment Bank (AIIB)
D. Asian Development Bank (ADB)
Answer: B
427. For which urban cooperative bank account
holders the Reserve Bank of India (RBI) has
restricted the cash withdrawals up to Rs.
35,000?
A. Apna Sahakari Co-Op Bank Ltd
B. Ahmedabad Mercantile Co-Op Bank
C. Sri Guru Raghavendra Sahakara Bank
D. Nutan Nagarik Sahakari Bank
428. Who among the following has been
appointed as the fourth deputy governor of the
Reserve Bank of India?
A. Rabi N. Mishra
B. Michael Patra
C. Deepak Kumar Mohanty
D. M. Rajeshwar Rao
429. Who among the following has acquired
DHFL General Insurance for around Rs 100
crore?
A. Kapil Wadhawan
B. Sachin Bansal
C. Vijay Shekhar Sharma
D. Ritesh Agarwal
430. Multimodal supply chain solutions
provider GEFCO has signed a five year deal
with which company to strengthen its Digital
Transformation worldwide?
A. Wipro
B. TCS
C. Infosys
D. HCL
431. The Reserve Bank of India (RBI) will now
allow consumers to give an e-mandate for
recurring payments made through Unified
Payments Interface (UPI). The limit on such
recurring transactions has been set at _______.
A. Rs. 2000
B. Rs. 4000
C. Rs. 15,000
D. Rs. 10,000
432. The fund transfers through the NEFT
system occur in how many batches?
A. 6
B. 12
C. 16
D. 23
433. On December 11, 2019, Asian
Development Bank (ADB) has lowered India’s
Gross Domestic Product (GDP) growth forecast
to _______ from 6.5% of previous estimate for
the current financial year-FY 2019-20.
A. 5.6%
B. 5.3 %
C. 5.1%
D. 5.8%
434. Which of the following Public Sector
Companies has signed a memorandum of
understanding (MoU) with Saudi Aramco for
the development of Micro, Small and Medium
Enterprises (MSME) sector in India in Oil & Gas
Sector?
A. Oil and Natural Gas Corporation
B. Hindustan Petroleum
C. Indian Oil Corporation Limited
D. National Small Industries Corporation
Limited
435. Which financial service company has
partnered with Thailand Tourism Authority
(TAT) to tap more tourists from India & enable
digital payments?
A. Mastercard
B. Visa Inc
C. RuPay Card
D. American Express
436. On which of the following banks the
Reserve Bank of India has imposed a monetary
penalty of Rs. 1.50 crore for non-compliance
with certain provisions of directions issued by
RBI?
A. Bank of Baroda
B. Canara Bank
C. Union Bank
D. Corporation Bank
437. The RBI expanded the scope of the SNRR
account by permitting non-residents to open
such accounts for rupee-denominated overseas
borrowings, trade credit and trade invoicing for
popularizing cross-border transactions in the
domestic currency. What does ‘S’ stand for in
SNRR?
A. Special
B. Succession
C. Security
D. Subsidy
438. Which General Insurance Company has
launched my: health Woman Suraksha policy?
A. ICICI Prudential
B. Life Insurance Corporation
C. HDFC ERGO
D. SBI LIFE
439. As per the new guidelines of the Reserve
Bank of India for ‘on tap’ licensing of Small
Finance Banks (SFBs) in the Private Sector,
what is the minimum paid-up capital for
setting up an SFBs?
A. 100 crore
B. 150 crore
C. 200 crore
D. 250 crore
440. Which lending platform has entered into a
co-origination agreement with the State Bank
of India (SBI) to provide widened credit
outreach and faster disbursal?
A. Early Salary Pvt Ltd
B. Indiabulls Housing Finance Ltd
C. Home credit India
D. U GRO Capital
441. The Difference between Gross Domestic
Product and Net Domestic Product is
A. Net Indirect Tax (Indirect Tax Subsidy)
B. Consumption of fixed Capital
C. Net Capital Formation
D. None of these
442. Where is the headquarter of the Asian
Development Bank (ADB) located?
A. Manila
B. Singapore
C. China
D. None of these
443. Travellers Cheque is__________.
A. A certificate issued by a bank or finance
institution in lieu of cash
B. A cheque issued by a bank or financial
institution which functions as a bond
C. A prepaid instrument issued by a bank or
financial institutions which can be a substitute
of cash
D. None of these
444. What is the objective of the introduction
of ‘Marginal Standing Facility’ by RBI?
A. To contain volatility in the overnight inter-
bank rates
B. To contain volatility in MIBOR
C. To contain volatility in LIBOR
D. None of these
445. In which of the following accounts,
operation by cheques is permitted?
A. Savings bank accounts and floating loan
accounts
B. Savings bank accounts and cash accounts
C. Savings banks accounts and current accounts
D. None of these
446. The primary function of a central co-
operative bank is to –
A. mobilize the resources in the district for
financing its members to the maximum extent
possible
B. to channelize the flow of funds from the co-
operative banks
C. Either A or B
D. Both A & B
447. The main foreign exchange reserves in the
country are: –
A. Foreign Currency assets
B. Gold Stock
C. Special Drawing Rights
D. All of the above
448. Which of the following Acts has especially
been enacted to help banks deal with bad
loans?
A. SARFAESI Act
B. Companies Act
C. Offshore Banking Act
D. None of these
449. What does FSDC stand for?
A. Financial Security and Development Council
B. Financial Stability and Development Council
C. Fiscal Security and Development Council
D. None of these
450. Which of the following fall under the
qualitative method of credit control adopted
by the Reserve bank of India?
A. Selective credit control
B. Moral suasion
C. Credit authorization scheme
D. All the above
451. Mixed Banking is the system in which
banks undertake activities of _______ and
investment banking together.
A. Commercial
B. Personal
C. Retail
D. Cooperative
452. Which among the following types of
account can be opened under NRO?
A. Term Deposit
B. Recurring
C. Savings
D. Current
___________ is known as the difference
between the outflow and inflow of foreign
currency:
453. A. Current Account Deficit
B. Fiscal Deficit
C. Foreign Exchange Reserves
D. Balance of Payments
454. Bank branches are established under
____________ of Banking Regulations Act,
1949.
A. Section 20
B. Section 21
C. Section 22
D. Section 23
455. National Housing Bank (NHB), a wholly
owned subsidiary of Reserve Bank of India
(RBI), was set up under the______________.
A. National Housing Bank Act, 1985
B. National Housing Bank Act, 1986
C. National Housing Bank Act, 1987
D. National Housing Bank Act, 1988
456. What is the full form of ICICI bank?
A. Industrial Credit and Investment
Corporation of India
B. Investment Credit and Industrial Corporation
of India
C. Industrial Corporation and Investment Credit
of India
D. Investment Corporation and Industrial Credit
of Indiar
457. What is D in BSBDA?
A. Drawee
B. Drawer
C. Deposit
D. Debit
458. What is the minimum number of free
withdrawals through ATMs in BSBDA?
A. 5
B. 4
C. 2
D. 3
459. A fiscal deficit occurs
A. When a government’s total expenditures
exceed the revenue that it generates, excluding
money from borrowings.
B. When a government’s total expenditures
goes below the revenue that it generates,
excluding money from borrowings.
C. When a government’s total savings exceed
the revenue that it generates, excluding money
from borrowings.
D. When a government’s total savings goes
below the revenue that it generates, excluding
money from borrowings.
460. Currency Chest is the property of :
A. State Bank of India
B. Government of India
C. Reserve Bank of India
D. None of these
461. Which of the given statements is not
correct?
A. Banks can accept interest-free deposits in
current and recurring deposit accounts
B. Loss making banks can make donations up to
Rs.5 lakh only in a financial year
C. Banks can pay interest on savings bank
accounts at quarterly or longer rests
D. A bank may provide differential rates of
interest in savings account above Rs 1 lakh
462. Identical prices prevail in which type of
market system?
A. Oligopoly
B. Monopolistic competition
C. Monopoly
D. Perfect Competition
463. Which of these is not a type of Prepaid
Payment Instruments (PPI)?
A. Paytm Wallet
B. Rupay Card
C. Gilt-edged securities
D. Amazon Gift Card
464. Zero-based budgeting (ZBB) is a method of
budgeting in which all expenses must be
justified and approved for each new period.
The ZBB concept was introduced in which
country?
A Germany
B. United States
C. Switzerland
D. United Kingdom
465. The ING Vyasa Bank has merged with
which among the following banks?
A. Axis Bank
B. Bank of India
C. Punjab National Bank
D. Kotak Mahindra Bank
466. The excess of total revenue expenditure
of the government over its total revenue
receipts is known as__________
A. Revenue Deficit
B. Money Deficit
C. Fiscal Deficit
D. Primary Deficit
467. Which among the following is the largest
stock exchange in the world?
A. Tokyo Stock Exchange
B. New York Stock Exchange
C. Shanghai Stock Exchange
D. Hong Kong Stock Exchange
468. Devaluation of a country’s currency
________
A. Encourage import
B. Discourage export
C. Encourage export
D. Both A & C
469. The head quarter of the IndusInd Bank
Limited is in which city?
A. Mumbai
B. Chennai
C. Kochi
D. Noida
470. MMTC-PAMP India is first and only
refinery in India to be accredited by LBMA for
Gold and Silver. What does LBMA stands for?
A. Los Angeles Bullion Market Association
B. Las Vegas Bullion Market Association
C. Lausanne Bullion Market Association
D. London Bullion Market Association
471. How many countries are the members of
the World Bank currently?
A. 192
B. 190
C. 189
D. 185
472. Ravneet Gill has taken over as the MD-
CEO of which bank?
A. Axis Bank
B. Yes Bank
C. Kotak Mahindra Bank
D. DBS Bank
473. What shall be the aggregate investment
limit under the ‘Voluntary Retention Route’
(VRR) scheme for Foreign Portfolio Investors
(FPIs) to invest in Government securities (VRR
Govt)?
A. Rs 40,000 crores
B. Rs 20,000 crores
C. Rs 35,000 crores
D. Rs 45,000 crores
474. How many Domestic Systemically
Important Banks (D-SIBs) are currently
identified by RBI?
A. one
B. two
C. five
D. three
475. The USD/INR Buy/Sell swap auction tool
has been introduced by the RBI for______
A. Financial performance
B. Cash management
C. Liquidity management
D. Bank performance
476. The YONO App of SBI will help customers
withdraw money from ATM without the need
of card. What will be the maximum number of
transaction that a person can make in a day
using this facility?
A. three
B. two
C. one
D. no limit
477. SBI has announced to use the repo rate of
RBI as a benchmark to set the savings deposit
interest rates and interest rates for short-term
loans. However, the savings accounts with
amount less than ___________ will be
exempted from this new rate
A. Rs 1 lakh
B. Rs 50,000
C. Rs 2 lakhs
D. Rs 1.5 lakhs
478. The One Nation, One Card for transport
mobility was officially launched in which city of
India by PM Modi?
A. Visakhapatnam
B. Varanasi
C.Ahmedabad
D. Lucknow
479. Which among the following banks has
won the Best Bank Award from the Tamil Nadu
government for meeting the needs of women’s
self-help groups (SHGs)?
A. Allahabad Bank
B. Punjab National Bank
C. Bank of Baroda
D. Indian Bank
480. David R. Malpass is the current President
of which organisation?
A. World Economic Forum
B. World Bank
C. International Monetary Fund
D. United Nations
481. Expand “FINO”:
A. Fiscal Information Network Organization
B. Financial Initiative for Network Operations
C. Financial Information Network operation ltd
D. None of the above
482. Expand “NEFT”
A. National Emergency Fund for Traders
B. National Electronic Fund Transfer
C. National Emergency Fund Transfer
D. National Electronic Financial Trusts
483. Banking Ombudsman” means a person :
A. appointed to settle the dispute between
employee and management
B. to whom the customer can approach for
redressal of his grievances
C. appointed to recover dues from defaulting
borrowers
D. all of the above
484. Bid – Ask Price is:
A. quotation of the foreign currency
B. rate at which the traders bid for foreign
currency
C. rate at which the traders ask for foreign
currency
D. none of the above
485. Hundi is a:
A. Draft
B. Cheque
C. Bill of Exchange
D. Promissory Note
486. The right of set-off customers account can
be exercised only by:
A. Creditors
B. Debtors
C. Banker
D. Customer
487. Banking Industry has been declared as
public utility service for purpose of:
A. Negotiable Instruments Act, 1881
B. Reserve Bank of India Act, 1934
C. Banking Regulation Act, 1949
D. Industrial Disputes Act
488. Cash drawings under Kisan cards can be
permitted at:
A. designated branches
B. at issuing branches
C. all branches
D. none of these
489. Which section of Banking Regulation Act
1949 give Power to the Reserve Bank to give
directions?
A. Section 42
B. Section 42A
C. Section 47
D. Section 35A
490. Currency Chest is the property of :
A. State Bank of India
B. Government of India
C. Reserve Bank of India
D. None of these
491. Urban Co-operative Banks (UCBs) with
deposit size of ________ and above have been
mandated by RBI to constitute Board of
Management (BoM).
A. 200 crore
B. 150 crore
C. 100 crore
D. 500 crore
492. What is the total amount that can be
loaded in the new type of semi-closed Prepaid
Payment Instrument (PPI) introduced by RBI
during the financial year?
A. Rs 10,000
B. Rs 1, 00,000
C. Rs 1, 20,000
D. Rs 1, 50,000
493. IFSC Banking Units (IBUs) can accept fixed
deposits in foreign currency of tenor less than
______ year from non-bank entities.
A. one
B. two
C. three
D. four
494. What is the maximum aggregate exposure
of a lender to all borrowers at any point of
time, across all P2P platforms?
A. Rs 10 lakhs
B. Rs 20 lakhs
C. Rs 50 lakhs
D. Rs 1 core
495. What is the name of additional
collateralized intra-day liquidity facility
provided to member banks by RBI due to
introduction of NEFT settlements, on 24×7
basis?
A. Intraday Support (IS)
B. Additional Support (AS)
C. Vital Support (VS)
D. Liquidity Support (LS)
496. In case of special Self Help Groups i.e.
groups in the difficult areas, groups with
disabled persons, and groups formed in remote
tribal areas, this number may be a minimum of
_____ persons.
A. 5
B. 6
C. 7
D. 10
497. RRBs are required to maintain a minimum
Capital to Risk-weighted Assets Ratio (CRAR) of
_____ on an ongoing basis.
A. 8 per cent
B. 9 per cent
C. 10 per cent
D. 11 per cent
498. What is the opening time of RTGS?
A. 7 AM
B. 8 AM
C. 7:30 AM
D. 9 AM
499. What is the limit for On-lending by NBFCs
for ‘Term lending’ component under
Agriculture?
A. Rs 5 lakh
B. Rs 10 lakh
C. Rs 15 lakh
D. Rs 20 lakh
500. What is the limit for On-lending by NBFC
for Micro & Small enterprises?
A. Rs 10 lakh
B. Rs 20 lakh
C. Rs 50 lakh
D. Rs 60 lakh
501. What is the minimum interval at which
banks can pay interest on savings bank
accounts?
A. Annually
B. Quarterly
C. Half-yearly
D. Monthly
502. What is the total Priority Sector lending
target for foreign banks in India with less than
20 branches for the financial year 2019-20?
A. 20% of Adjusted Net Bank Credit (ANBC)
B. 30% of ANBC
C. 40% of ANBC
D. 50% of ANBC
503. Flipkart Gift Cards, Amazon Gift Cards are
examples of which type of PPI?
A. Closed System
B. Open System
C. Semi-closed System
D. Semi-open System
504. The difference between Repo Rate and
Reverse Repo Rate is known as________
A. Policy Ratio Gap
B. Percent Gap
C. Deposit Gap
D. Corridor Gap
505. The assets which does not disclose any
problems and does not carry more than normal
risk attached to the business is known
as_______
A. Loss assets
B. Standard assets
C. Doubtful assets
D. Substandard assets
506. The Ombudsman Scheme for Digital
Transactions, 2019 came into force on_______
A. 31 January 2019
B. 31 December 2018
C. 30 November 2018
D. 15 February 2019
507. Which among the following banks did not
merge with the State Bank of India?
A. Bank of Cochin Ltd
B. National Bank of Lahore Ltd
C. Bank of Bihar Ltd
D. New Bank of India
508. What is the current base year to calculate
the Index of Industrial Production (IIP)?
A. 2000-01
B. 2004-05
C. 2011-12
D. 2014-15
509. Identify the incorrect statement regarding
equity
A. Equity is the borrowed fund
B. Return is in the form of a dividend
C. Equity can be in the form of Shares and
Stocks
D. They are always unsecured
510. Which of these accounts cannot be held
by a person in the bank where he already has
‘Basic Savings Bank Deposit Account’?
A. Fixed deposit account
B. Savings Bank account
C. Recurring deposit account
D. Current account
511. For which urban cooperative bank account
holders the Reserve Bank of India (RBI) has
restrict the cash withdrawals up to Rs. 35,000?
A. Apna Sahakari Co-Op Bank Ltd
B. Ahmedabad Mercantile Co-Op Bank
C. Sri Gururaghavendra Sahakara Bank
D. Nutan Nagarik Sahakari Bank
512. Who among the following has been
appointed as the fourth deputy governor of the
Reserve Bank of India?
A. Rabi N. Mishra
B. Michael Patra
C. Deepak Kumar Mohanty
D. Malvika Sinha
513. Who among the following has acquired
DHFL General Insurance for around Rs 100
crore?
A. Kapil Wadhawan
B. Sachin Bansal
C. Vijay Shekhar Sharma
D. Ritesh Agarwal
514. Multimodal supply chain solutions
provider GEFCO has signed a five year deal
with which company to strengthen its Digital
Transformation worldwide?
A. Wipro
B. TCS
C. Infosys
D. HCL
515. The Reserve Bank of India (RBI) will now
allow consumers to give an e-mandate for
recurring payments made through Unified
Payments Interface (UPI). The limit on such
recurring transactions has been set at _______.
A. Rs. 2000
B. Rs. 4000
C. Rs. 15,000
D. Rs. 10,000
516. The central govt in consultation with the
Reserve Bank of India (RBI) has announced an
increase in the authorized capital of which
public sector bank from 15,000 crores to
25,000 crores?
A. Indian Bank
B. Union Bank of India
C. Canara Bank
D. Indian Overseas Bank
517. The Reserve Bank of India has recently
revised the ‘Supervisory Action Framework’ of
which category of banks?
A. Public Sector Banks
B. Private Sector Banks
C. Foreign Banks
D. Urban Cooperative Banks
517. Name the Indian banks which has decided
to end their operations in Sri Lanka?
A. State Bank of India and Punjab National Bank
B. Axis Bank and ICICI Bank
C. HDFC Bank and Yes Bank
D. Axis Bank and Kotak Mahindra Bank
518. Name the Urban Cooperative bank got in-
principle approval from RBI to become a Small
Finance Bank (SFB)?
A. Charminar Co-operative Urban Bank Ltd
B. Uttar Pradesh Co Operative Bank Limited
C. Indian Mercantile Co Operative Bank Ltd
D. Shivalik Mercantile Co-operative Bank Ltd
519. PNB MetLife India Insurance Company has
partnered with which company to provide life
insurance to its customers by fundling life
insurance covers on their loans?
A. HDFC Ergo
B. ICICI Prudential
C. Bajaj Finserv
D. RevFin
520. CSC e-Governance Services India Limited
has signed a memorandum of understanding
(MoU) with which bank for the sale of
FASTags?
A. Airtel Payments Bank
B. Paytm Payments Bank Ltd
C. Jio Payments Bank
D. HDFC
521. RBI launched ___________ Application for
visually challenged people to Identify currency
denomination?
A. RUPAY
B. MANI
C. MONY
D. BHIM
522. Government of India has constituted a
seven-member Group of Minister (GoM) to
infuse how much amount to revive state-
owned telecom corporations BSNL and MTNL?
A. Rs.69000 crore
B. Rs.79000 crore
C. Rs.50000 crore
D. Rs.70000 crore
523. The Ministry of Statistics and Programme
Implementation has set up a single standing
committee on economic statistics (SCES), who
is the head of the committee?
A. Subramanian Swamy
B. Rajiv Kumar
C. Arvind Panagariya
D. Pronab Sen
524. Karnataka Vikas Grameena Bank (KVGB)
signed a memorandum of understanding with
which private company on solar lightening and
livelihood solutions?
A. Deepa Solar Systems Pvt. Ltd
B. Moser Baer Solar Ltd. (MBSL)
C. Loom Solar Pvt. Ltd
D. SELCO Solar Light Pvt. Ltd
525. Finance Minister has launched which app
for online auction of assets attached by banks?
A. eSell
B. eBaich
C. eBkray
D. eBay
526. Which Bank has launch OTP-based ATM
cash withdrawal from January 1, 2020?
A. State Bank of India
B. Punjab National Bank
C. Central Bank of India
D. Syndicate Bank
Answer: A
527. What is the amount Asian Infrastructure
Investment Bank (AIIB) has announced for
irrigation and solar energy projects in India?
A. 210 million
B. 150 million
C. 200 million
D. 500 million
528. Which state owned bank will get fresh
capital of Rs. 2,153 crores from the Central
government?
A. Union Bank
B. United Bank of India
C. Allahabad Bank
D. Syndicate Bank
529. The Reserve Bank of India (RBI) has
increased the limits imposed on peer-to-peer
lenders to _____.
A. 10 lakh
B. 20 Lakh
C. 30 lakh
D. 50 lakh
530. When is Earth Day Celebrated?
A. 07-Apr
B. 18-Apr
C. 22-Apr
D. 23-Apr
531. What is an Open Market Operation?
A. It is release of funds by RBI in Open Market
B. It is standby facility to banks by RBI for
infusion of liquidity
C. It is buying or selling of government bonds in
the open market by Central Bank to inject or
suck liquidity from the system
D. All of the above
532. Expand the term IPR as used in the field of
world trade –
A. Industrial Property Rights
B. International Property Rights
C. Intellectual Property Right
D. Individual Property Rights
533. “Pure Banking Nothing Else” is a tagline of
which Bank?
A. ICICI Bank
B. UTI Bank
C. SBI Bank
D. HDFC Bank
534. Julian Assange is the founder of _____.
A. Facebook
B. Orkut
C. Wilkileaks
D. Google
535. Who makes the formal announcement of
General Elections in a state in India?
A. Minister of Parliamentary Affairs
B. Ministry of Law
C. Ministry of Home Affairs
D. Election Commission of India
536. Banks in our country normally publicise
that additional interest rates will be allowed
on retail domestic term deposits of _________
A. Minors
B. Married women
C. Senior citizens
D. Govt. Employees
537. What does F stands for in the abbreviation
of NIRF?
A. Framework
B. Family
C. Forum
D. Federation
538. When is World Youth Skills Day
celebrated?
A. 15-July
B. 11-August
C. 21-August
D. 15-September
539. Pooram is a festival celebrated in which
state?
A. Arunachal Pradesh
B. Andhra Pradesh
C. Kerala
D. Bihar
540. Post merger of Bandhan Bank and Gruh
Finance, the shareholders will get
________shares of Bandhan bank for every
1000 shares of Gruh Finance
A. 455
B. 921
C. 568
D. 726
541. Rajesh Yaduvanshi has recently been
appointed as the Executive Director of which
bank?
A. Bank of India
B. Punjab National Bank
C. Bank of Baroda
D. UCO Bank
542. What is the full form of LAP in banking?
A. Liquid Assets Position
B. Legal Agreement Protocol
C. Lease Acquisition Price
D. Loan against Property
543. What is the deadline set by CBDT to clear
up all demonetisation-related cases?
A. June 30
B. December 31
C. May 31
D. April 30
544. Who is the current Economic Affairs
Secretary and Finance Secretary of India?
A. Rajiv Mehrishi
B. Hasmukh Adhia
C. Subhash Chandra Garg
D. Ajay Narayan Jha
545. Which among the following Indian banks
has been ranked as India’s best bank for
customer satisfaction, according to Forbes
World’s Best Banks’ survey for India?
A. Punjab National Bank
B. ICICI Bank
C. Kotak Mahindra Bank
D. HDFC Bank
546. A loan made by a financial institution
usually in the form of bonds issued in foreign
currencies and sold to government of a
developing or emerging nation is known
as________
A. Regal loan
B. Sovereign loan
C. Inferior loan
D. Secondary loan
547. Which of the following is a feature of the
Barter system transaction?
A. Bonds and securities are exchanged for gold
in return
B. Gold is exchanged for gold in return
C. Goods & services are exchanged in return for
other goods & services
D. Goods & services are exchanged for Gold in
return
548. The concept of Special Economic Zone
(SEZ) was introduced by which country?
A. China
B. India
C. United States
D. Japan
549. What is the full form of REER with respect
to exchange rate?
A. Raw economic exchange rate
B. Random external exchange rate
C. Return exclusive exchange rate
D. Real effective exchange rate
550. Bandipur National Park is located in which
State?
A. Meghalaya
B. Madhya Pradesh
C. West Bengal
D. Karnataka
551. What does MIGS stands for?
A. Minimum Income Group Scheme
B. Middle Income Group Scheme
C. Middle Incentive Group Scheme
D. Minimum Incentive Group Scheme
552. The best way to save the banks from loss
is –
A. To provide loans only to those people who
are familiar to the bank.
B. To accept only fully backed collateral.
C. To provide only short term loans.
D. To provide loans only to old customers of the
bank.
553. Fresh evaluation of every item of
expenditure from the very beginning of each
financial year is called-
A. Fresh Budgeting
B. Deficit Budgeting
C. Performance Budgeting
D. Zero-based Budgeting
554. What is the currency of Kyrgyzstan?
A. Som
B. Lev
C. Euro
D. Tala
555. Parker Solar Probe is also known as:-
A. Parker Human’s mission
B. Parker solar mission
C. Humanity’s first mission
D. Humanity’s solar probe mission
556. Nagarjuna Sagarsrisailam tiger reserve is
in which state?
A. Arunachal Pradesh
B. Andhra Pradesh
C. Kerala
D. Karnataka
557. The Insolvency and Bankruptcy Board of
India (IBBI) has amended which of the
following act recently?
A. IBBI (Insolvency Resolution Process for HUF)
Regulations, 2016
B. IBBI (Insolvency Resolution Process for
Individual Person) Regulations, 2016
C. IBBI (Insolvency Resolution Process for
Corporate Persons) Regulations, 2016
D. IBBI (Insolvency Resolution Process for
Company) Regulations, 2016
558. The first attempt to calculate National
Income of India was made by ……………… in
1867 -68.
A. Gopal Krishna Gokhale
B. Justice Ranade
C. Dadabhai Naroji
D. P.C. Mahalanobis
559. Deficit financing means that the
government has borrowed money from the-
A. Revenue Department
B. World Bank
C. RBI
D. IMF
560. What is the full form of NSDL?
A. National Safety Development Limited
B. National Securities Depository Limited
C. National Social Diversity Limited
D. National Sales Department Limited
561. The Saubhagya Scheme of the Indian
government is related with__________
A. Eliminate Open defecation
B. LPG connection
C. Internet connection
D. Electricity connection
562. What was the deadline set by RBI for all
the banks to migrate the magnetic strip based
ATM/Debit cards to EMV chip-and-PIN
payment cards?
A. 31 December 2018
B. 31 January 2019
C. 1 March 2019
D. 31 March 2019
563. Which among the following acts as a
controller of credit in India?
A. Central Government
B. Ministry of Finance
C. RBI
D. Finance Commission
564. The pseudo-token “Learning Coin” has
been launched by which organisations?
A. WEF & IMF
B. IMF & World Bank
C. World Bank & WEF
D. IMF & UNDP
565. The rate at which RBI gives short term
loan to commercial banks is known as_______
A. Repo rate
B. Reverse repo rate
C. Bank rate
D. Marginal Standing Facility
566. How many countries are members of
Financial Action Task Force (FATF)?
A. 24
B. 56
C. 42
D. 38
567. The interest rate policy is related to which
of the following?
A. Fiscal Policy
B. Monetary Policy
C. Trade Policy
D. Foreign Policy
568. The ‘NRI-Insta-Online’ paperless account
opening facility has been launched by which
bank for NRIs?
A. ICICI
B. HDFC
C. IDBI
D. Canara
569. The money deposited in which of these
accounts can be withdrawn without notice?
A. Demand Deposit
B. Recurring deposit
C. Fixed deposit
D. All of the above
570. Which among the following is India’s first
full-fledged financial service app to integrate
UPI for payment?
A. FUNDSINDIA
B. Kuvera
C. Groww
D. ETMONEY
571. The headquarter of Deutsche Bank is
located in which country?
A. United States
B. United Kingdom
C. Germany
D. France
572. What does E stands for in EMV chip cards?
A. Electronic
B. Europay
C. Enhanced
D. European
573. The New Development Bank came into
force in which year?
A. 2015
B. 2017
C. 2014
D. 2012
574. How many countries are the members of
the Asian Development Bank?
A. 42
B. 68
C. 54
D. 76
575. The International Monetary Fund was
formed in which year?
A. 1988
B. 1964
C. 1952
D. 1945
576. What is the full form of NRE Account?
A. Non-Resident Exchange
B. Non-Resident Exporter
C. Non-Resident External
D. Non-Resident Entrepreneur
577. The World Bank has set the goals to end
extreme poverty and promote shared
prosperity by which year?
A. 2030
B. 2025
C. 2050
D. 2035
578. The Payment and Settlement Systems Act
was passed in which year?
A. 2012
B. 2005
C. 2000
D. 2007
579. The Global Trust Bank merged with which
bank in the year 2004?
A. Punjab National Bank
B. Oriental Bank of Commerce
C. Bank of Baroda
D. Indian Overseas Bank
580. Which among the following accounts
enables the customer to perform all
transactions electronically?
A. Demat account
B. Savings deposit account
C. No-Frill account
D. Mutual Fund account
581. Which among the following terms means
stopping the flow of the physical cheques
issued by a drawer to the drawee branch?
A. Shear
B. Remit
C. Truncation
D. Disinvest
582. Which among the following is the owner
of Unified Payments Interface (UPI)?
A. RBI
B. NPCI
C. NITI Aayog
D. Ministry of Electronics & Information
Technology
583. Which of these countries is not a member
of the New Development Bank?
A. Brazil
B. China
C. India
D. Sri Lanka
584. Which of the given financial institutions
comes under Bretton Woods’sinstitutions?
A. New Development Bank
B. Asian Development Bank
C. International Monetary Fund
D. European Bank for Reconstruction and
Development
584. Identify which of these is not a function of
International Monetary Fund?
A. Foster global monetary cooperation
B. Approve transactions between international
financial institutions with other countries
C. Promote high employment and sustainable
economic growth
D. Reduce poverty around the world
586. Which of these institutions provides
interest-free loans and grants to governments
of the poorest countries?
A. International Development Association
B. International Bank for Reconstruction and
Development
C. International Finance Corporation
D. Multilateral Investment Guarantee Agency
587. The small accounts are initially valid for a
period of how many months?
A. 24 months
B. 18 months
C. 6 months
D. 12 months
589. How many banks were merged with the
State Bank of India in the year 2017?
A. 5
B. 7
C. 6
D. 4
590. Which among the given committees
recommended setting up NABARD?
A. Deshmukh Committee
B. Sivaraman Committee
C. Rangarajan Committee
D. Subramanian Committee
591. The headquarter of MMTC-PAMP India
Pvt. Ltd, India’s first and only LBMA Good
Delivery Refinery accredited for Gold and Silver
is based in which city?
A. Kolkata
B. Pune
C. Mumbai
D. New Delhi
592. TDR is a method for controlling land use
to complement land-use planning and zoning
for more effective urban growth management
and land conservation. Expand TDR
A. Transferable Development Rights
B. Transaction Delayed Reserve
C. Tax Deducted Review
D. Terminal Development Resource
593. Which among the following is not true
regarding Sovereign Gold Bond Scheme?
A. Joint holding is allowed
B. Minor can invest in SGB
C. Investor can hold more than one investor ID
for subscribing to the Sovereign Gold Bond
D. Persons resident in India as defined under
Foreign Exchange Management Act, 1999 are
eligible to invest in SGB
594. Conversion of the token back to actual
card details is known as ________
A. Re-tokenisation
B. De-tokenisation
C. Pre-tokenisation
D. E-tokenisation
595. What is the minimum number of free
transactions allowed by banks in a month to
customers for transaction at a bank’s own
ATMs?
A. 5
B. 3
C. 4
D. 6
Answer: A
596. The “Limiting Liability of Customers for
Unauthorised Electronic Payment Transactions
in Prepaid Payment Instruments (PPIs) issued
by Authorised Non-banks” has came into effect
from_____________
A. 01 April 2019
B. 01 February 2019
C. 01 January 2019
D. 01 March 2019
597. What will be the maximum compensation
payable by the Ombudsman for mental agony
and harassment?
A. Rs 10 lakh
B. Rs 1 lakh
C. Rs 5 lakh
D. Rs 20 lakh
598. In which of the following fund transfer
system, the transactions received up to a
particular time are processed in batches?
A. RTGS
B. IMPS
C. NEFT
D. All the above
599. If the fund is not credited to the
beneficiary customer’s accounts for any
reason, RTGS member banks will return the
fund back to the originating bank within a
maximum period of ______ hours
A. 1 hour
B. 6 hours
C. 8 hours
D. 12 hours
600. What does R stands for in UTR with
respect to fund transfer?
A. Range
B. Route
C. Register
D. Reference
601. What does the letter ‘L’ denote in the
term ‘LAF’ in the below mentioned options, as
referred every now and then in relation to
monetary policy of the RBI?
A. Liquidity
B. Liquid
C. Lent
D. Liability
602. What does the term B2B denotes in E-
commerce?
A. It suggest transaction between banks and
companies.
B. It means business to business transactions.
C. Deals between businesses to banks.
D. All of the above.
Answer: B
603. Which of the following statement is
incorrect about the ‘Current Account’?
A. Banks offer no rate of interest on money held
in current account.
B. There is no limit on deposit or withdrawal in
current account.
C. A special type of passbook is issued for
current account holders.
D. Current account are opened for business
transactions
604. Brown Label ATMs are owned and
maintained by
A. non-bank entities, which have been
incorporated under Companies Act 1956.
B. a service provider, but cash management
and connectivity to banking networks is
provided by a sponsor bank.
C. Bank
D. None of the above
605. Masala Bond’ term is coined by which
organization/institution?
A. Reserve Bank of India (RBI)
B. Securities and Exchange Board of India (SEBI)
C. State Bank of India
D. International Financial Corporation (IFC)
606. Which type of Non-Banking financial
Company (NBFC) receives deposits under any
scheme or arrangement by government?
A. Mutual Benefit Financial Companies (MBFC)
B. Residuary Non- Banking Company (RNBC)
C. Miscellaneous Non- Banking Company
(MNBC)
D. None is Correct
607. What is the minimum paid-up equity
capital for small finance banks?
A. Rs. 100 Crore
B. No such minimum figure
C. Rs. 500 Crore
D. 50 Crore
608. An account should be treated as ________
if the outstanding balance remains
continuously in excess of the sanctioned
limit/drawing power.
A. out of limit
B. out of order
C. out of drawing
D. out of line
609. Any loan for short duration crops is
classified as NPA when the installment of
principal or interest there on remains overdue
for _____ crop seasons
A. one
B. four
C. three
D. two.
610. Any loan for long duration crops is
classified as NPA when the installment of
principal or interest there on remains overdue
for _____ crop seasons
A. one
B. four
C. three
D. two
611. Which of the following Bank linked their
Interest Rates to RBI’s Repo Rate?
A. HDFC Bank
B. State Bank of India
C. Bank of Baroda
D. Canara Bank
612. RBI imposed a penalty of ₹11.25 lakh on
private sector lender ___ for violation of norms
pertaining to issuance and operations of PPIs.
A. Axis Bank
B. IndusInd Bank
C. Yes Bank
D. HDFC Bank
613. RBI Enhanced Housing-Loan Limits Under
Priority Sector Lending for RRBs, SFBs. New
limits for metropolitan centers is ___
A. 35 lacs
B. 25 lacs
C. 30 lacs
D. 20 lacs
614. The Reserve Bank of India’s data on
deployment of gross credit across different
sectors shows Bank credit grew by ___% in
financial year 2018-19 as compared to 10.3% in
the previous financial year.
A. 12.3 %
B. 13.2 %
C. 14.3 %
D. 12.7 %
615. The Reserve Bank of India (RBI) has
imposed a monetary penalty of Rs 1 crore on
Nainital Bank for ____
A. Lts failure to fully automate the non-
performing asset (NPA) identification process
B. Non-compliance on SWIFT operations
C. Non-compliance with various directions
issued on monitoring of end use of funds,
exchange of information with other banks,
classification and reporting of frauds, and on
restructuring of accounts
D. Non-compliance with various directions on
Know Your Customer (KYC)
616. Which of the following Prime Minister of
India served as Governor of RBI?
A. Charan Singh
B. Wishwanath Pratap Singh
C. P V Narsimha Rao
D. Manmohan Singh
617. Reserve Bank of India has released a
vision document ‘Payment and Settlement
Systems in India: Vision 2019 – 2021’, with its
core theme ____
A. Empowering Exceptional E-payment
Experience’
B. Ensuring efficient management of currency as
well other Banking services
C. Regulating markets to ensure financial system
stability
D. Policy support to enhance liquidity in the
system
618. Training Establishment of RBI, National
Institute of Bank Management (NIBM) is an
Indian institution for research, training and
consultancy in banking and finance. It is
headquartered at ___?
A. Chennai
B. Pune
C. Hyderabad
D. Mumbai
619. All the directors of the Central Board of
RBI are appointed by the Government of India
for a period of __ years.
A. 4 years
B. 2 years
C. 3 years
D. 5 years
620. The initial corpus of NABARD was ___?
A. 20 Crores
B. 50 Crores
C. 500 Crores
D. 100 Crores
621. PFRDA is responsible for appointment of
various intermediate agencies such as___
A. Central Record Keeping Agency (CRA),
B. Pension Fund Managers,
C. Custodian,
D. All of the Above
622. Which among the following is not the
Objective of NHB?
A. To augment resources for the sector and
channelise them for housing
B. Provide financial support for the training
institutes of cooperative banks, commercial
banks, and Regional Rural Banks
C. To promote a network of dedicated housing
finance institutions to adequately serve various
regions and different income groups
D. To encourage public agencies to emerge as
facilitators and suppliers of serviced land, for
housing
623. Rita Teotia is the Chairman of ____?
A. Central Board of Film Certification
B. Food Safety and Standards Authority of
India
C. Bureau of Indian Standards
D. Small Industries Development Bank of India
624. SIDBI operates under the ______
Government of India?
A. Department of Financial Services,
Government of India
B. Ministry of Micro, Small and Medium
Enterprises
C. Ministry of Commerce and Industry
D. Ministry of Corporate Affairs
625. Who among the following was the first
Indian Governor of RBI?
A. CD Deshmukh
B. Benegal Rama Rau
C. K.G. Ambegaonkar
D. H.V.R. Iyenger
626. The Reserve Bank of India (RBI) appointed
Panel headed by _____ on ‘suggestions on
promoting digital payment’?
A. N. K Singh Committee
B. Bimal Jalan
C. Nandan Nilekani
D. Kishore Sansi
627. What is the maximum limit for investing in
the Sovereign Gold Bonds through cash mode?
A. Rs 20,000
B. Rs 50,000
C. Rs 1 lakh
D. Rs 75,000
628. A Systemically Important Core Investment
Company (CIC-ND-SI) is a Non-Banking
Financial Company with asset size of Rs
________ and above
A. 200 crore
B. 100 crore
C. 300 crore
D. 500 crore
629. What is the service charge levied on
Inward transactions made through RTGS?
A. Rs 25 per transaction
B. Rs 50 per transaction
C. Nill
D. Depends on banks
630. The amalgamation of an NBFC ‘A’ with
NBFC/ entity ‘B’ requires prior written
approval of ________
A. Ministry of Finance
B. SEBI
C. NABARD
D. RBI
631. To modernize Assam’s Ferry transport
service on the Brahmaputra River the
Government of Assam and Government of
India has signed 88 million USD agreement
with which organization?
A. Asian Development Bank (ADB)
B. Asian Infrastructure Investment Bank (AIIB)
C. New Development Bank (NDB)
D. World Bank (WB)
632. Which organisation of India publishes
inflation rate?
A. Ministry of Finance
B. Indian Economic Association
C. Reserve Bank of India
D. National Statistical Office
633. The Union Cabinet has approved a
proposal to provide __________ viability gap
funding for building a 1,656 km gas grid in the
Northeast region.
A. 5,500 crore
B. 5,800 crore
C. 6,000 crore
D. 5,559 crore
634. Export-Import Bank (Exim Bank) of India
has given a —— line of credit to Cuba for
financing 75 MW Photovoltaic Solar Parks.
A. $65 million
B. $75 million
C. $85 million
D. $95 million
635. According to the International Monetary
Fund (IMF), what will be the India’s economic
growth forecast _______ for 2020?
A. 5.5%
B. 5.9%
C. 7%
D. 6.1%
636. To provide doorstep banking services, the
South-Central Zone of the Indian Railways has
signed a MoU with which of the following
banks?
A. Bank of India
B. State Bank of India
C. Bank of Baroda
D. Punjab National Bank
637. Which Railway zone of the Indian
Railways has signed a Memorandum of
Understanding (MoU) with State Bank of India
(SBI) for ‘doorstep banking’?
A. Central Railway
B. Northern Railway
C. North Eastern Railway
D. South Central Railway (SCR) zone
638. Who among the following has been
appointed as the fourth deputy governor of the
Reserve Bank of India?
A. Rabi N. Mishra
B. Michael Patra
C. Deepak Kumar Mohanty
D. M. Rajeshwar Rao
639. Which public sector bank has announced
the ‘Residential Builder Finance with Buyer
Guarantee’ (RBBG) scheme?
A. Bank of Baroda
B. Bank of India
C. State Bank of India
D. Punjab National Bank
640. Bank of Baroda partnered with which
state government to provide MSME loans?
A. Maharashtra
B. Andhra Pradesh
C. Telangana
D. Gujarat
641. Which bank has announced to launch a
cobranded credit card in partnership with
Indian Oil Corporation Ltd (IOCL)?
A. ICICI Bank
B. HDFC Bank
C. Axis Bank
D. Yes Bank
642. State Bank of India (SBI) has signed a loan
agreement worth of ______ with KFW
(Kreditanstalt für Wiederaufbau) German
development bank for establishing an energy-
efficient housing program in India.
A. USD 277 million
B. USD 370 million
C. USD 497 million
D. USD 377 million
643. Which financial company has launched
India’s first corporate bond exchange-traded
fund (ETF), called the Bharat Bond ETF?
A. Edelweiss Asset Management Company
(AMC)
B. Mahindra & Mahindra Financial Services
Limited
C. Muthoot Finance Ltd
D. HDB Financial Services
644. Which General Insurance Company has
launched my: health Woman Suraksha policy?
A. ICICI Prudential
B. Life Insurance Corporation
C. HDFC ERGO
D. SBI LIFE
645. As per the new guidelines of the Reserve
Bank of India for ‘on tap’ Licensing of Small
Finance Banks (SFBs) in the Private Sector what
is the minimum paid-up capital for setting up
an SFBs?
A. 100 crore
B. 300 crore
C. 200 crore
D. 250 crore
646. As per the fifth bi-monthly monetary
policy announced by the Reserve Bank of India
(RBI) which of the following is repo rate and
reverse repo rate under the liquidity
adjustment facility?
A. 5.25%, 4.85%
B. 5.45%, 4.15%
C. 5.15%, 4.90%
D. 5.35, 4.75%
647. Which of the following became the first
company to list its commercial papers on the
stock exchanges?
A. Bajaj Finserv
B. American Express Bank Ltd. India
C. Aditya Birla Finance Ltd (ABFL)
D. Edelweiss Securities Ltd.
648. ICICI Lombard has been partnering with
which Payments Bank to offer non-life
insurance solutions to its customers?
A. Airtel Payments Bank
B. India Post Payments Bank
C. Fino Payments Bank
D. Jio Payments Bank
649. In which of the following ports of India the
world’s first CNG terminal will come?
A. Kandla, Gujarat
B. Bhavnagar, Gujarat
C. Vishakhapatnam, Andhra Pradesh
D. Tuticorin, Tamil Nadu
650. Which of the following Small Finance
Banks has launched an instant digital savings
account (SA) along with Fixed Deposit (FD) and
Privilege Savings Account to offer distinctive
banking and digital services to its customers?
A. Ujjivan Small Finance Bank
B. Equitas Small Finance Bank
C. A U Small Finance Bank
D. Utkarsh Small Finance Bank
651. Which of the following is a swap?
A. Interest Rate Swap
B. Currency Swap
C. Credit Default Swap
D. All of these
652. Foreign Exchange Regulation Act (FERA) of
1947, was subsequently replaced by Foreign
Exchange Regulation Act, __.
A. 1978
B. 1950
C. 1984
D. 1973
653. Who has written the book “Sachin: A
Hundred Hundreds Now”?
A. V Krishnaswami
B. N M Ghatate
C. Gulzar
D. Chetan Bhagat
654. Parliament enjoys the exclusive right to
legislate on the subject contained in –
A. the Union list
B. The Concurrent list
C. the State list
D. Both A and B
655. With which of the following sectors the
Basel III norms are associated?
A. Banking sector
B. Insurance sector
C. Share Markets
D. All of the above
656. Which of the following term is associated
with the game of cricket?
A. Trump
B. Grand slam
C. Fifa cup
D. LBW
657. Receivables Exchange of India Ltd (RXIL)
was established as a joint venture
between_____.
A. SIDBI
B. NSE
C. SIDBI & NSE
D. BSE
658. Which of the following report is not
released by the World Bank?
A. World Development Report
B. Ease of Doing Business
C. Global Economic Prospects
D. Global Gender Gap Report
659. What is an FPO (Follow on Public
Offering)?
A. It issues of shares by the company for the 1st
time
B. It issues of shares by the company
subsequent to IPO
C. It issues of Commercial Paper by the
company
D. All of the above
660. Which cup/Trophy is associated with the
game of Football?
A. Scindia Gold Cup
B. Ranji Trophy
C. Davis Cup
D. Fifa Cup
661. Which among the following is India’s first
full-fledged financial service app to integrate
UPI for payment?
A. FUNDSINDIA
B. Kuvera
C. Groww
D. ETMONEY
662. The head quarter of Deutsche Bank is
located in which country?
A. United States
B. United Kingdom
C. Germany
D. France
663. What does E stands for in EMV chip cards?
A. Electronic
B. Europay
C. Enhanced
D. European
664. The New Development Bank came into
force in which year?
A. 2015
B. 2017
C. 2014
D. 2012
665. How many countries are the members of
the Asian Development Bank?
A. 42
B. 68
C. 54
D. 76
666. The International Monetary Fund was
formed in which year?
A. 1988
B. 1964
C. 1952
D. 1945
667. What is the full form of NRE Account?
A. Non-Resident Exchange
B. Non-Resident Exporter
C. Non-Resident External
D. Non-Resident Entrepreneur
668. The World Bank has set the goals to end
extreme poverty and promote shared
prosperity by which year?
A. 2030
B. 2025
C. 2050
D. 2035
669. The Payment and Settlement Systems Act
was passed in which year?
A. 2012
B. 2005
C. 2000
D. 2007
670. The Global Trust Bank merged with which
bank in the year 2004?
A. Punjab National Bank
B. Oriental Bank of Commerce
C. Bank of Baroda
D. Indian Overseas Bank
671. Which among the following accounts
enables the customer to perform all
transactions electronically?
A. Demat account.
B. Savings deposit account
C. No-Frill account
D. Mutual Fund account
672. Which among the following terms means
stopping the flow of the physical cheques
issued by a drawer to the drawee branch?
A. Shear
B. Remit
C. Truncation
D. Disinvest
673. Which among the following is the owner
of Unified Payments Interface (UPI)?
A. RBI
B. NPCI
C. NITI Aayog
D. Ministry of Electronics & Information
Technology
674. Which of these countries is not a member
of the New Development Bank?
A. Brazil
B. China
C. India
D. Sri Lanka
675. Which of the given financial institutions
comes under Bretton Woods’s institutions
A. New Development Bank
B. Asian Development Bank
C. International Monetary Fund
D. European Bank for Reconstruction and
Development
676. Identify which of these is not a function of
the International Monetary Fund?
A. Foster global monetary cooperation
B. Approve transactions between international
financial institutions with other countries
C. Promote high employment and sustainable
economic growth
D. Reduce poverty around the world
677. Which of these institutions provides
interest-free loans and grants to governments
of the poorest countries?
A. International Development Association
B. International Bank for Reconstruction and
Development
C. International Finance Corporation
D. Multilateral Investment Guarantee Agency
678. The small accounts are initially valid for a
period of how many months?
A. 24 months
B. 18 months
C. 6 months
D. 12 months
679. How many banks were merged with the
State Bank of India in the year 2017?
A. 5
B. 7
C. 6
D. 4
680. Which among the given committees
recommended to set up NABARD?
A. Deshmukh Committee
B. Sivaraman Committee
C. Rangarajan Committee
D. Subramanian Committee
681. The headquarter of MMTC-PAMP India
Pvt. Ltd, India’s first and only LBMA Good
Delivery Refinery accredited for Gold and Silver
is based in which city?
A. Kolkata
B. Pune
C. Mumbai
D. New Delhi
682. TDR is a method for controlling land use
to complement land-use planning and zoning
for more effective urban growth management
and land conservation. Expand TDR
A. Transferable Development Rights
B. Transaction Delayed Reserve
C. Tax Deducted Review
D. Terminal Development Resource
683. Which among the following is not true
regarding Sovereign Gold Bond Scheme?
A. Joint holding is allowed
B. Minor can invest in SGB
C. The investor can hold more than one
investor ID for subscribing to the Sovereign
Gold Bond
D. Persons resident in India as defined under
Foreign Exchange Management Act, 1999 are
eligible to invest in SGB
684. Conversion of the token back to actual
card details is known as ________
A. Re-tokenisation
B. De-tokenisation
C. Pre-tokenisation
D. E-tokenisation
685. What is the minimum number of free
transactions allowed by banks in a month to
customers for transaction at a bank’s own
ATMs?
A. 5
B. 3
C. 4
D. 6
686. The “Limiting Liability of Customers for
Unauthorised Electronic Payment Transactions
in Prepaid Payment Instruments (PPIs) issued
by Authorised Non-banks” has came into effect
from_____________
A. 01 April 2019
B. 01 February 2019
C. 01 January 2019
D. 01 March 2019
687. What will be the maximum compensation
payable by the Ombudsman for mental agony
and harassment?
A. Rs 10 lakh
B. Rs 1 lakh
C. Rs 5 lakh
D. Rs 20 lakh
688. In which of the following fund transfer
system, the transactions received up to a
particular time are processed in batches?
A. RTGS
B. IMPS
C. NEFT
D. All the above
689. If the fund is not credited to the
beneficiary customer’s accounts for any
reason, RTGS member banks will return the
fund back to the originating bank within a
maximum period of ______ hours
A. 1 hour
B. 6 hours
C. 8 hours
D. 12 hours
690. What does R stands for in UTR with
respect to fund transfer?
A. Range
B. Route
C. Register
D. Reference
691. Which bank has launched a co-branded
‘Small Business MoneyBack Credit Card’ for
small traders in collaboration with CSC?
A. ICICI Bank
B. HDFC Bank
C. Bandhan Bank
D. DBS Bank
692. A high-level panel led by former RBI
governor Bimal Jalan was recently constituted
regarding which of the following issue?
A. Reforming Monetary Policy Committee
B. Creation of NPA ledger
C. Policy for Public Credit Registry
D. Capital reserves that the central bank should
maintain
693. ALM is concerned with strategic balance
sheet management involving all market risks.
‘M’ in ALM stands for____________.
A. Market
B. Management
C. Maturity
D. Maintenance
694. G5 consists of the members of the
International Monetary Fund whose currencies
constitute the Special Drawing Rights. Which of
the following is not among them?
A. France
B. Japan
C. China
D. United Kingdom
695. In which of the following years Reserve
Bank Information Technology Private Limited
(ReBIT) was found?
A. 2013
B. 2014
C. 2015
D. 2016
696. This type of banking ensures direct
transaction between a bank and its customers
without intervention of any third party1) Retail
banking
A. Online banking
B. Merchant banking
C. Offshore banking
D. None of these
697. In the National Financial Switch service,
the limit per transaction is restricted to less
than _________.
A. Rs 20000
B. Rs 25000
C. Rs 50000
D. Rs 10000
698. The Legal Entity Identifier is a ______ digit
code developed by the International
Organization for Standardization.
A. 16-digit
B. 20-digit
C. 12-digit
D. 10-digit
699. If the credit balance in a savings account
has not operated for ten years, the amount
should be transferred to which fund?
A. Unpaid Contract Fund
B. Cash Reserve Fund
C. Unclaimed Bank Deposit Fund
D. Depositor Education and Awareness Fund
700. Which among the following offers buyers’
credit and line of credit to foreign governments
and banks?
A. ECGC
B. EXIM Bank
C. Bank of Baroda
D. SIDBI
701. Which among the following is responsible
for ensuring that housing finance companies in
India are operated on sound health and
financial standard?
A. National Bank for Agriculture and Rural
Development
B. SIDBI
C. Reserve Bank of India
D. National Housing Bank
702. In case of increase in inflation, the
purchasing power _________
A. Increases
B. Increases to a certain limit and then
decreases
C. Decreases
D. Does not get affected
703. On what basis, the Index of Industrial
Production is published by the Central
Statistical Organization?
A. Monthly Basis
B. Yearly Basis
C. Quarterly Basis
D. Half-yearly Basis
704. Under the DRI Scheme, the maximum
amount can be provided by banks at a
concessional rate to the weaker sections is
________.
A. Rs 12000
B. Rs 20000
C. Rs 10000
D. Rs 15000
705. OLTAS stands for which among the
following?
A. Online Tax Accounting Server
B. Online Tax Accounting System
C. Online Tax Accounting Service
D. Online Tax Access Service
706. What are the maturity period and the
fixed interest rate of Sovereign Gold Bond
Scheme?
A. 3 years and 1.5%
B. 5 years and 4.5%
C. 8 years and 2%
D. 8 years and 2.5%
707. QFI scheme was introduced by the
government in consultation with RBI and SEBI.
In QFI, ‘I’ represents ________.
A. Interest
B. Investor
C. Investment
D. Index
708. Which among the following is authorized
by RBI to store rupee notes and coins?
A. Currency Bag
B. Currency Block
C. Currency Chest
D. Currency Reserve
709. The Ombudsman Scheme for Non-Banking
Financial Companies has introduced under
which section of the Reserve Bank of India Act,
1934?
A. Section 46A
B. Section 45L
C. Section 45A
D. Section 58C
710. The maximum amount of money that can
be insured in case of a person holding money
at different branches of a bank is –
A. Rs 25000
B. Rs 50000
C. Rs 1 lakh
D. Rs 2 lakhs
711. The practice of providing loans to
unrelated individuals without going through
the conventional channel of banks or any
financial organization is known as –
A. P2B Lending
B. P2P Lending
C. B2B Lending
D. B2S Lending
712. Maximum loan amount that can be
provided against shares or debentures of any
company is
A. Rs 10 lakhs
B. Rs 2 lakhs
C. Rs 5 lakhs
D. None of these
713. The interest rates on banks’ contribution
to Rural Infrastructure Development Fund
should be fixed by ________.
A. Ministry of Finance
B. National Bank for Agriculture and Rural
Development
C. Ministry of Rural Development
D. Reserve Bank of India
714. An account of a bank holds with another
bank in a foreign country in the foreign
currency is known as ________.
A. NRO Account
B. NOSTRO Account
C. NRE Account
D. VOSTRO Account
715. Which bank has waived the transaction
charges of IMPS, NEFT and RTGS recently?
A. Canara Bank
B. Kotak Mahindra Bank
C. State Bank of India
D. HDFC Bank
716. Recently, the Reserve Bank of India has
barred ________ from charging prepayment
penalties or foreclosure charges.
A. Mutual Fund Companies
B. Payment Banks
C. Co-Operative Bank
D. Non-Banking Finance Companies
717. Who among the following cannot make a
deposit in the Gold Monetization Scheme?
A. Central Government
B. State Government
C. Non-Resident Indians
D. Charitable Institutions
718. MIBID is used to be calculated every day
by which of the following organizations?
A. National Stock Exchange
B. Shanghai Stock Exchange
C. Bombay Stock Exchange
D. New York Stock Exchange
719. The authorized capital of General
Insurance Corporation of India is_____.
A. Rs 2000 crores
B. Rs 500 crores
C. Rs 1000 Crores
D. Rs 2000 Crores
720. What is the full form of “EMI” frequently
used term in banking operations?
A. Equal Monthly Interest
B. Equally Money Instalment
C. Equated Money Instalment
D. Equated Monthly Instalment.
721. Who among the following is appointed as
the Managing Director of the State Bank of
India (SBI)?
A. Mahender Kumar Garg
B. Dr. Ashima Goyal
C. Challa Sreenivasulu Setty
D. Dr. Ajit Kumar Saxena
722. Who among the following has been
appointed as the managing director and chief
executive officer (MD & CEO) of Bank of
Baroda (BoB)?
A. Sanjiv Chadha
B. Lingam Venkat Prabhakar
C. Atanu Kumar Das
D. Mahender Kumar Garg
723. Who among the following has been
appointed as the managing director and chief
executive officer (MD & CEO) of Canara Bank?
A. Sanjiv Chadha
B. Lingam Venkat Prabhakar
C. Atanu Kumar Das
D. Mahender Kumar Garg
724. Who among the following has been
appointed as the managing director and chief
executive officer (MD & CEO) of Bank of India?
A. Sanjiv Chadha
B. Lingam Venkat Prabhakar
C. Atanu Kumar Das
D. Mahender Kumar Garg
725. Country’s largest private sector bank, ICICI
bank has launched a Cardless cash withdrawal
facility from its ATMs with a per-day
transaction limit of _______.
A. Rs. 5,000
B. Rs. 10,000
C. Rs. 15,000
D. Rs. 20,000
726. Which telecom company joins hands with
Bharti AXA to provide Rs. 179 prepaid plan
with life insurance of Rs 2 lakh?
A. Idea
B. Jio
C. Airtel
D. BSNL
727. The Reserve Bank of India (RBI) has
canceled the Certificate of Authorisation of
which Payment System Operator after it had
voluntarily surrendered the authorization?
A. Muthoot Vehicle & Asset Finance Ltd.
B. Vodafone M-pesa Limited
C. Tech Mahindra Limited
D. PayMate India Pvt. Limited
728. Which financial company has acquired the
Essel Finance’s micro, small and medium
enterprises (MSME) loan business in India?
A. Tata Capital
B. Adani Capital
C. Bajaj Finserve
D. Mahindra & Mahindra Capital
729. The National Payments Corporation of
India (NPCI) has launched the “Vajra Platform”
to make payments fast & secure. The platform
is based on which technology?
A. Near field technology
B. Distributed Ledger Technology
C. Radio-frequency identification Technology
D. Digital Banking Technology
730. To provide doorstep banking services, the
South-Central Zone of the Indian Railways has
signed a MoU with which of the following
banks?
A. Bank of India
B. State Bank of India
C. Bank of Baroda
D. Punjab National Bank
731. Which Railway Zone of the Indian
Railways has signed a Memorandum of
Understanding (MoU) with State Bank of India
(SBI) for ‘doorstep banking’?
A. Central Railway
B. Northern Railway
C. North Eastern Railway
D. South Central Railway (SCR) zone
732. For which urban cooperative bank account
holders the Reserve Bank of India (RBI) has
restrict the cash withdrawals up to Rs. 35,000?
A. Apna Sahakari Co-Op Bank Ltd
B. Ahmedabad Mercantile Co-Op Bank
C. Sri Gururaghavendra Sahakara Bank
D. Nutan Nagarik Sahakari Bank
733. Who among the following has been
appointed as the fourth deputy governor of the
Reserve Bank of India?
A. Rabi N. Mishra
B. Michael Patra
C. Deepak Kumar Mohanty
D. M. Rajeshwar Rao
734. Who among the following has acquired
DHFL General Insurance for around Rs 100
crore?
A. Kapil Wadhawan
B. Sachin Bansal
C. Vijay Shekhar Sharma
D. Ritesh Agarwal
735. Multimodal supply chain solutions
provider GEFCO has signed a five year deal
with which company to strengthen its Digital
Transformation worldwide?
A. Wipro
B. TCS
C. Infosys
D. HCL
736. The Reserve Bank of India (RBI) will now
allow consumers to give an e-mandate for
recurring payments made through Unified
Payments Interface (UPI). The limit on such
recurring transactions has been set at _______.
A. Rs. 2000
B. Rs. 4000
C. Rs. 15,000
D. Rs. 10,000
737. The central govt in consultation with the
Reserve Bank of India (RBI) has announced an
increase in the authorized capital of which
public sector bank from 15,000 crores to
25,000 crores?
A. Indian Bank
B. Union Bank of India
C. Canara Bank
D. Indian Overseas Bank
738. The Reserve Bank of India has recently
revised the ‘Supervisory Action Framework’ of
which category of banks?
A. Public Sector Banks
B. Private Sector Banks
C. Foreign Banks
D. Urban Cooperative Banks
739. Which public sector bank has announced
the ‘Residential Builder Finance with Buyer
Guarantee’ (RBBG) scheme?
A. Bank of Baroda
B. Bank of India
C. State Bank of India
D. Punjab National Bank
740. Name the Urban Cooperative bank got in-
principle approval from RBI to become a Small
Finance Bank (SFB)?
A. Charminar Co-operative Urban Bank Ltd
B. Uttar Pradesh Co Operative Bank Limited
C. Indian Mercantile Co Operative Bank Ltd
D. Shivalik Mercantile Co-operative Bank Ltd.
741. What is the applicable limit for social
infrastructure loans under priority sector?
A. 1 crore
B. 2 crores
C. 5 crores
D. 3 crores
742. The Micro, Small and Medium Enterprises
Development (MSMED) Act was passed in
which year?
A. 2007
B. 2003
C. 2000
D. 2006
743. In banking, what does ASCL stands for?
A. Average Securities Capital Limit
B. Aggregate Sanctioned Credit Limit
C. Adequate Systematic Control Loan
D. Associated System of Credit Liability
744. A short term borrowing means borrowing
of tenor up to but less than ________.
A. 12 months
B. 6 months
C. 18 months
D. 3 months
745. The National Accreditation Board for
Testing and Calibration Laboratories (NABL) is
located in which city?
A. Nagpur
B. Pune
C. Gurugram
D. Mumbai
746. What is the minimum age limit for
opening BSBDA by banks for individuals?
A. 10 years
B. 12 years
C. 18 years
D. no such limit
747. For a corporate to be eligible to issue CP
the tangible net worth of the company should
not be less than Rs. ________
A. 1 crore
B. 4 crore.
C. 2 crore
D. 5 crore
748. The headquarter of the Asian Clearing
Union (ACU) is located in which country?
A. Kathmandu, Nepal
B. New Delhi, India
C. Dhaka, Bangladesh
D. Tehran, Iran
749. What is the maximum limit of Indian
currency that an Indian resident can bring back
to India while returning from any place outside
India?
A. Rs.55, 000
B. Rs.50, 000
C. Rs.25, 000
D. Rs.20, 000
750. What are the processing or service
charges applicable for inward NEFT
transactions?
A. No charge
B. Rs 2.50
C. Rs 5
D. Rs 25
751. Which of the following accounts can be
held in the form of current account only?
A. EEFC Account
B. RFC Account
C. NRE Account
D. NRO Account
752. QIP is a process that was introduced by
SEBI so as to enable the listed companies to
raise finance. What is ‘P’ in QIP?
A. Procurement
B. Penalty
C. Public
D. Placements
753. In the estimated spending of Union
Budget, which of the following has the
maximum share?
A. Interest Payments
B. Centrally Sponsored Schemes
C. Subsidy
D. Rural Development
754. As per the latest report by the World Gold
Council (WGC), India holds world’s _______
largest Gold reserve in the world.
A. 2nd
B. 5th
C. 7th
D. 11th
755. What is the maximum investment limit of
Senior Citizen Savings Scheme?
A. Rs 20 Lakh
B. Rs 10 Lakh
C. Rs 25 Lakh
D. Rs 15 Lakh
756. In Bank Led Resolution Approach, the
financial institutions should enter into an inter-
creditor agreement to authorize the lead bank
to implement a resolution plan in __________
days.
A. 90 days
B. 180 days
C. 300 days
D. 30 days
757. What is the maximum limit of Foreign
Direct Investment in Private Banks under the
automatic route?
A. 100%
B. 74%
C. 26%
D. 49%
758. Which among the following is used to
estimate the insurance risks and the premium
of the policy?
A. Endorsement
B. Appraisal
C. Underwriting
D. Precertification
759. AU Small Finance Bank is headquartered
in ______
A. Chennai, Tamil Nadu
B. Jaipur, Rajasthan
C. Thrissur, Kerala
D. Bengaluru, Karnataka
760. In the context of MUDRA Banks, which of
the following statements is correct?
A. It is a wholly-owned subsidiary of SIDBI
B. It lends directly to the micro-
entrepreneurs/individuals
C. It has a paid-up capital of Rs 750 crore
D. Only A & C
761. The size of an Indian Depository Receipts
issue shall not be less than _______.
A. ₹ 5 Crore
B. ₹ 20 Crore
C. ₹ 50 Crore
D. ₹ 10 Crore
762. ‘Relationships beyond Banking’ is the
tagline of which among the following banks?
A. Syndicate Bank
B. Indian Overseas Bank
C. Canara Bank
D. Bank of India
763. What is the minimum prescribed maturity
period of Commercial Paper?
A. 30 days
B. 7 days
C. 91 days
D. 182 days
764. In which year, National Financial Switch
was taken over by National Payment National
Payments Corporation of India from IDRBT?
A. 2004
B. 2007
C. 2009
D. 2010
765. Which of the following is issued by a bank
that guarantees the buyer’s payment to sellers
would be received on time with the correct
amount?
A. Commercial Paper
B. Dated Securities
C. Bill of Exchange
D. Letter of Credit
766. Which among the following is not true
about Payment Banks?
A. Payment Banks can accept deposits up to Rs.
1 lakh per individual
B. Payment Banks can lend any money to the
general public
C. The minimum paid-up equity capital for
Payment Banks is ₹ 100 Crore
D. Payments Banks can offer forex services
767. FCNR (B) Account can be held in the form
of a term deposit. What is the maximum term
limit for those accounts?
A. 15 years
B. 12 years
C. 10 years
D. 5 years
768. The Gross National Product after
deducting the losses due to depreciation is
known as _____.
A. Net Value Added
B. Gross Value Added
C. Gross Domestic Product
D. Net National Product
769. Recurring Deposit Account has a
maximum deposit period of________ years.
A. 2
B. 6
C. 8
D. 10
770. India’s first listed exchange ‘Multi
Commodity Exchange of India Limited (MCX)’
offers trading in which of the following?
A. Gold
B. Silver
C. Copper
D. All of the above
771. Financial Stability and Development
Council (FSCD) is chaired by _____.
A. RBI Governor
B. Financial Secretary
C. Finance Minister
D. Prime Minister
772. In banking, the lump sum paid at the end
of a loan’s term that is significantly larger than
all of the payments made before it is called
as______.
A. Rubber Band Payment
B. Zap Payment
C. Balloon Payment
D. Escalator Payment
773. The maximum maturity age of LIC Jeevan
Anand policy is ______.
A. 25 years
B. 35 years
C. 50 years
D. 75 years
774. What is the meaning of R in TReDS?
A. Render
B. Rate
C. Return
D. Receivables
775. Which of the following Public sector banks
has signed agreement with Cholamandalam
MS General Insurance?
A. UCO Bank
B. SBI
C. BOB
D. Indian Bank
776. HDFC Life Insurance included in MSCI
index. ‘C’ in MSCI stands for_____.
A. Control
B. Care
C. Capital
D. Charge
777. Recently, RBI has slapped monetary
penalty aggregating _________ on 11 banks for
non-compliance with certain provisions of its
directions on frauds classification.
A. ₹8.50 cr
B. ₹10.50 cr
C. ₹11.50 cr
D. ₹5.50 cr
778. Special Non-Resident Rupee Account can
be operated for a maximum period of
________ years.
A. 10
B. 5
C. 9
D. 7
779. PNB Housing recently raised $75 million in
ECB from which of the following banks?
A. JPMorgan Chase & Co. (JPM)
B. HSBC Holdings
C. None of these
D. Sumitomo Mitsui Bank
780. The fintech NBFCs should have less than
______ percentage of non-performing assets to
be eligible for funding assistance.
A. 15%
B. 9%
C. 4%
D. 8%
781. The Reserve Bank of India has introduced
the changes in the Credit Authorization
Scheme of Credit based on the
recommendation of _______.
A. Sivaraman Committee
B. Siddiqui Committee
C. Narasimham Committee
D. Vaghul Committee
782. What is the maximum FDI limit in the
Small Finance Banks?
A. 35%
B. 51%
C. 100%
D. 74%
783. Interest Rates are the rates that banks
offer to their depositors. Which among the
following is NOT a factor for determining the
interest rates?
A. Government borrowings
B. Supply of Money
C. Current Account Deficit
D. Demand for Money
784. Index of Eight Core Industries doesn’t
measure the performance of _______.
A. Coal
B. Iron
C. Cement
D. Fertilizer
785. EPFO is likely to appoint ______ as fund
managers.
A. SBI MF
B. HSBC AMC
C. UTI AMC
D. All of the above
786. Cash Reserve Ratio is maintained as a
percentage of which of the following
measures?
A. Adjusted Net Bank Credit
B. Off-Balance Sheet Exposure
C. Net Capital Reserve
D. Net Demand and Time Liability
787. Which of the following statements in
context of Treasury Bills is not correct?
A. They are issued by RBI
B. They have a maximum maturity of 365 days
C. They are issued when the government needs
money for a shorter period
D. They are zero coupon securities and pay no
interest
788. As per the RBI guidelines, which among
the following categories of loans could NOT be
priced without reference to Base Rate?
A. DRI advances
B. Loans to retired bank employees
C. Education Loan
D. Loans to banks’ depositors against the
collateral property
789. National Securities Depository Limited
was established in which year?
A. 1990
B. 1994
C. 1992
D. 1996
790. Recently, which bank has introduced the
repo-linked lending rate for a home loan and
vehicle loan?
A. UCO Bank
B. Corporation Bank
C. Bank of Baroda
D. Union Bank of India
791. Special Drawing Rights refer to an
international type of monetary reserve
currency created by _______.
A. RBI
B. IMF
C. WEF
D. UN
792. Net National Product of an economy is the
Gross National Product after deducting the loss
due to _______
A. NPA
B. Depreciation
C. Deflation
D. Inflation
793. Bandhan Bank has launched a co-branded
credit card with ______ to offer complete
services to its existing customers.
A. Deutsche Bank
B. ICICI Bank
C. Bank of America
D. Standard Chartered Bank
794. ASBA is a supplementary process for
applying to public issues. In ASBA, ‘B’ denotes
A. Bill
B. Blocked.
C. Bridge
D. Basel
795. A government panel headed by Akhilesh
Ranjan has recommended cutting the
corporate tax rate to _____ for all companies.
A. 25%
B. 30%
C. 15%
D. 20%
796. Which among the following is a condition
of slow economic growth and relatively high
unemployment?
A. Hyper Inflation
B. Bottleneck Inflation
C. Core inflation
D. Stagflation
797. National Housing Board will provide an
additional liquidity support of ______ to HFCs.
A. Rs 10000 Crore
B. Rs 15000 Crore
C. Rs 20000 Crore
D. Rs 25000 Crore
798. Which of the following is the tagline of
Lakshmi Vilas Bank?
A. Where Every Individual is Committed
B. Where Service is a way of Life
C. Honours Your Trust
D. The Changing Face of Prosperity
799. Mumbai is the Headquarters of which of
the following Banks?
A. Federal Bank
B. Syndicate Bank
C. RBL Bank
D. Punjab National Bank
800. What is the minimum Capital Adequacy
ratio to be maintained by small finance banks
in India?
A. 10%
B. 12%
C. 15%
D. 20%
801. Which of the following Committee
recommended for setting up of National Bank
for Agriculture and Rural Development?
A. B Sivaraman
B. Narasimhan II
C. Vinod Singh Shekhawat
D. S Nagalingam
802. Which of the following is the rate charged
by the central bank for lending funds to a
commercial bank?
A. Term rate
B. Bank rate
C. Note rate
D. Supply rate
803. RBI launched an ombudsman scheme for
digital payment under _________ section of
the Payment and Settlement Systems Act,
2007.
A. Section 18
B. Section 23
C. Section 42
D. Section 14
804. FRA is a contract between parties that
determines the rate of interest to be paid. In
FRA, ‘F’ denotes ______.
A. Financial
B. Foreign
C. Fiscal
D. Forward
805. What is the motif of ₹ 20 notes?
A. Hill Forts of Rajasthan
B. Red Fort
C. Ellora Cave
D. Bodh Gaya
806. APA gives certainty to taxpayers, reduce
disputes and enhances tax revenues. What
does ‘P’ denote in ‘APA’?
A. Personal
B. Pricing
C. Payment
D. Public
807. ‘Where Service is a way of Life’ is the
tagline of which of the following banks?
A. Corporation Bank
B. UCO Bank
C. Union Bank of India
D. Punjab & Sind Bank
808. Small Industries Development Bank of
India is headquartered in _____.
A. Hyderabad
B.Lucknow
C. Mumbai
D. Pune
809. SBI Life Insurance and ______ have inked
a banc assurance pact to offer holistic financial
planning solutions.
A. Indian Overseas Bank
B. Corporation Bank
C. Andhra Bank
D. Indian Bank
810. RBI has announced the plans for round-
the-clock availability of ______ system from
December 2019.
A. RTGS
B. NEFT
C. SWIFT
D. CTS
811. In context of BASEL III Accords, what does
LCR stands for______.
A. Liberalized capital rate
B. Liberalized Currency ratio
C. Leveled Credit rate
D. Liquidity Coverage ratio
812. ______, recently got Scheduled Bank
status.
A. Equitas Small Finance Bank
B. A U Small Finance Bank
C .Jana Small Finance Bank
D. Capital Small Finance Bank
813. MICR is a nine-digit number printed on
banking instruments such as a cheque or a
demand draft, its first three digits
denotes_________.
A. City
B. CVV
C. Bank code
D. Country Code
814. National small Saving is part of _______.
A. Consolidated Fund of India
B. Contingency Fund of India
C. Public Account of India
D. Both A & C
815. Which of the following banks has a tagline
‘Let’s make money simple’?
A. Bank of India
B. Central Bank of India
C. IDBI
D. Kotak Mahindra Bank
816. Which of the following committee
recommended the formation of ‘Payments
Bank’ in India?
A. Nalin Mehta
B. B Sivaraman
C. Urjit Patel
D. Nachiket Mor
817. Support extended to limit production
comes under which category of WTO?
A. Amber box
B. Green box
C. Development Box
D. Blue box
818. ______measures the amount of money
flowing from one country to other countries
over one monetary year.
A. Foreign institutional Investment
B. Balance of Payments
C. Foreign portfolio investment
D. BForeign Direct Investment
819. Which of the following is a component for
calculating index ratio in the Inflation-indexed
bonds?
A. WPI on Settlement date
B. CPI on Settlement date
C. WPI on Issue Date
D. Both A & C
820. The Reserve Bank of India has sold its
entire stake in NABARD and NHB to the
government based on the recommendation of
_____.
A. Narasimham Committee
B. Raghuram Rajan Committee
C. Urjit Patel Committee
D. YV Reddy Committee
821. What is the lock-in period of funds
involved in Equity-linked Savings Scheme?
A. No Lock-in Period
B. 2 Years
C. 6 Months
D. 3 Years
822. _________by IDBI Bank is a first of its kind
Mobile Money payment solution.
A. PayBid
B. PayId
C. Bipay
D. PayApt
823. Who appoints the Chairman of Finance
Commission?
A. Prime Minister
B. Union Finance Minister
C. Governor, RBI
D. President of India
824. RBI has increased the bank credit to
NBFCs for on-lending to MSEs under Priority
Sector Lending up to a limit of______
percentage of bank’s total PSL.
A. 4%
B. 4.5%
C. 5%
D. 5.5%
825. The headquarters of National Payments
Corporation of India (NPCI) is situated in
_________.
A. New Delhi
B. Kolkata
C. Lucknow
D. Mumbai
826. SARFAESI Act was enacted to identify and
rectify the problem of NPAs. ‘R’ in SARFAESI
stands for________.
A. Returns
B. Recovery
C. Reconstruction
D. Reduced
827. While exchanging the soiled notes, a
person can be presented the maximum of ____
pieces with a maximum value of _____ per day
respectively.
A. 10, Rs 1000
B. 20, Rs 2500
C.20, Rs 5000
D. 25, Rs 2500
828. The fund that can be invested exclusively
in government securities is known as _______.
A. Index Fund
B. Gilt Fund
C. Specific Fund
D. Liquid Fund
829. Aditya Birla Health Insurance has entered
into a bancassurance partnership with which
among the following banks?
A. Andhra Bank
B. ICICI Bank
C. HDFC Bank
D. Axis Bank
830. Recently, the Confederation of Indian
Industry unveiled FPI to assess the quality of
Budgets. In FPI, ‘P’ denotes ______.
A. Pricing
B. Performance
C. Product
D. Producing
831. CAMELS are a rating system is a
recognized international rating system. In
CAMELS, ‘M’ denotes
A. Machine
B. Monitor
C. Management
D. Money
832. Which among the following is one of the
trigger points of Prompt Corrective Action?
A. Cash Reserve Ratio
B. Non-Performing Assets
C. Liquidity ratio
D. Current ratio
833. What is the minimum maturity period of
the loan under the Liberalized Remittance
Scheme?
A. 2 years
B. 5 years
C. 6 months
D. 1 year
834. _______ is a technology used to verify the
legitimacy or originality of paper documents,
especially Cheques.
A. MMID
B. MICR
C. IFSC
D. SWIFT
835. Monetary authority of which of the
following countries are members of the Asian
Clearing Union (ACU)?
A. India
B. Iran
C. Singapore
D. A & B only
836. ______has partnered with SAP Ariba for
financial supply chain solutions.
A. HSBC Bank
B. Deutsche Bank
C. Bank of Scotland
D. Standard Chartered Bank
837. Which of the following authorities has
power to regulate Infrastructure Debt Funds?
A. SEBI
B. RBI
C. Both A & B
D. Ministry of Finance
838. ______ is held by a third-party bank, other
than both banks who are doing the
transactions.
A. Loro Accounts
B. VOSTRO Accounts
C. NOSTRO Accounts
D. NRI Accounts
839. _______ is an online address unique to
each customer which can be used instead of
providing bank account every time.
A. IFSC
B. MMID
C. VPA
D. UPI
840. Which among the following services
cannot be provided through Micro ATMs?
A. Balance Enquiry
B. Funds Transfer
C. Cash Withdrawal
D. Lending Loans
841. RBI has bought _____ crore of long-term
securities in fourth special open market
operation and has sold Rs 2950 crore of short
term bonds.
A. Rs 8000
B. Rs 5000
C. Rs 12000
D. Rs 10,000
842. Who among the following is appointed as
the Managing Director of the State Bank of
India (SBI)?
A. Mahender Kumar Garg
B. Dr. Ashima Goyal
C. Challa Sreenivasulu Setty
D. Dr. Ajit Kumar Saxena
843. Who among the following has been
appointed as the managing director and chief
executive officer (MD & CEO) of Bank of
Baroda (BoB)?
A. Sanjiv Chadha
B. Lingam Venkat Prabhakar
C. Atanu Kumar Das
D. Mahender Kumar Garg
844. Who among the following has been
appointed as the managing director and chief
executive officer (MD & CEO) of Canara Bank?
A. Sanjiv Chadha
B. Lingam Venkat Prabhakar
C. Atanu Kumar Das
D. Mahender Kumar Garg
845. Who among the following has been
appointed as the managing director and chief
executive officer (MD & CEO) of Bank of India?
A. Sanjiv Chadha
B. Lingam Venkat Prabhakar
C. Atanu Kumar Das
D. Mahender Kumar Garg
846. Country’s largest private sector bank, ICICI
bank has launched a Cardless cash withdrawal
facility from its ATMs with a per-day
transaction limit of _______.
A. Rs. 5,000
B. Rs. 10,000
C. Rs. 15,000
D. Rs. 20,000
847. Which telecom company joins hands with
Bharti AXA to provide Rs. 179 prepaid plan
with life insurance of Rs 2 lakh
A. Idea
B. Jio
C. Airtel
D. BSNL
848. The Reserve Bank of India (RBI) has
canceled the Certificate of Authorization of
which Payment System Operator after it had
voluntarily surrendered the authorization?
A. Muthoot Vehicle & Asset Finance Ltd.
B. Vodafone M-pesa Limited
C. Tech Mahindra Limited
D. PayMate India Pvt. Limited
849. The fund transfers through the NEFT
system occurs in how many batches in 24
hours?
A. 12
B. 23
C. 24
D. 48
850. What does M stand for in the recently
launched ‘MANI’ app by RBI?
A. Money
B. Mobile
C. Merchant
D. Members
851. Punjab National bank has been merged
with which bank?
A. Indian Bank
B. Bank of Maharashtra
C. Bank of India
D. United Bank of India
852. According to RBI, the interest rate linked
to an external benchmark has to be revised at
least once in how many months?
A. One month
B. Two Months
C. Three Months
D. Four Months
853. Which financial company has acquired the
Essel Finance’s micro, small and medium
enterprises (MSME) loan business in India?
A. Tata Capital
B. Adani Capital
C. Bajaj Finserve
D. Mahindra & Mahindra Capital
854. RBI has increased the timeline for the
conversion of minimum KYC detail for prepaid
payment instruments (PPIs) to full KYC
compliant PPIs from 18 months to ______? The
A. 6 months
B. 12 months
C. 18 months
D. 24 months
855. The RBI has appointed which bank as the
lead convenor bank for the union territory of
Ladakh?
A. Union Bank of India
B. Punjab National Bank
C. Canara Bank
D. State Bank of India
856. Who among the following has been
appointed as the fourth deputy governor of the
Reserve Bank of India?
A. Rabi N. Mishra
B. Michael Patra
C. Deepak Kumar Mohanty
D. M. Rajeshwar Rao
857. Who among the following has acquired
DHFL General Insurance for around Rs 100
crore?
A. Kapil Wadhawan
B. Sachin Bansal
C. Vijay Shekhar Sharma
D. Ritesh Agarwal
858. The Reserve Bank of India (RBI) will now
allow consumers to give an e-mandate for
recurring payments made through Unified
Payments Interface (UPI). The limit on such
recurring transactions has been set at _______.
A. Rs. 2000
B. Rs. 4000
C. Rs. 15,000
D. Rs. 10,000
859. The central govt in consultation with the
Reserve Bank of India (RBI) has announced an
increase in the authorized capital of which
public sector bank from 15,000 crores to
25,000 crores?
A. Indian Bank
B. Union Bank of India
C. Canara Bank
D. Indian Overseas Bank
860. The Reserve Bank of India has recently
revised the ‘Supervisory Action Framework’ of
which category of banks?
A. Public Sector Banks
B. Private Sector Banks
C. Foreign Banks
D. Urban Cooperative Banks
861. What is ‘first A’ stands for in GAAR?
A. Account
B. Asset
C. Anti
D. Audit
862. Where is the head quarter of National
Bank for Agriculture and Rural Development
(NABARD)?
A. Mumbai
B. New Delhi
C. Kolkata
D. Chennai
863. What is the maximum amount that can be
remitted through Nepal Remittance Scheme?
A. INR 25,000
B. INR 50,000
C. INR 75,000
D. INR 100,000
864. What is ‘first A’ stands for in DTAA(a tax
law)?
A. Avoidance
B. Average
C. Audit
D. Asset
865. Who is the Chairman of National Bank for
Agriculture and Rural Development (NABARD)?
A. Mr. David Rasquinha
B. Geetha Muralidhar
C. T.S.Vijayan
D. Harsh Kumar Bhanwala
866. Union Government of India has renamed
the Department of Divestment to DIPAM.
What is ‘A’ stand for in DIPAM?
A. Asset
B. Account
C. Audit
D. Amount
867. What is the maximum amount that can be
transfer through Immediate Payment Services
(IMPS)?
A. Rs. 1, 00,000
B. Rs. 2, 00,000
C. Rs. 3, 00,000
D. Rs. 4, 00,000
868. ___________ is the nodal agency to
provide licenses to e-commerce companies
(including foreign)?
A. Reserve Bank of India (RBI)
B. Foreign Investment Promotion Board (FIPB)
C. Department of Industrial Policy and
Promotion (DIPP)
D. NPCI
869. Which among these is the nodal agency
for Unstructured Supplementary Service Data
(USSD) Service?
A. NPCI
B. RBI
C. SBI
D. SEBI
870. The International Development
Association (IDA) is an arm
A. International Monetary Fund (IMF)
B. World Bank
C. Organization for Economic Co-operation and
Development (OECD)
D. Asian Development Bank
871. Which of the following is not one of the
quantitative measures of credit control used by
Reserve Bank of India?
A. SLR
B. CRR
C. Bank rate Policy
D. Moral Suasion
872. Which of the following ratio shows the
amount of currency that people hold as a
proportion of aggregate deposits?
A. Debit Deposit Ratio
B. CASA Ratio
C. Currency Deposit Ratio
D. Credit Deposit Ratio
873. Which of the following authorities appoint
Banking Ombudsman?
A. Ministry of Finance, Government of India
B. Individual Commercial Banks
C. Reserve Bank of India
D. Indian Banks’ Association
874. The Bank of Rajasthan was merged with
which of the following banks?
A. ICICI Bank
B. HDFC Bank
C. ING Vysya
D. Kotak Mahindra Bank
875. Addition of Product taxes and deduction
of product subsidies from GVA basic prices will
provide
A. GVA factor cost
B. GVA market price
C. GDP factor cost
D. GDP market price
876. ____________panel of the RBI has
recommended that the revised economic
capital framework will be reviewed every five
years.
A. Usha Thorat
B. Bimal Jalan
C. Nachiket Mor
D. Y V Reddy
877. Government, along with three other
mergers has decided to merge Canara Bank
and Syndicate Bank. It will become _________
largest bank entity.
A. 2nd
B. 3rd
C. 4th
D. 5th
878. Which of the following is/are TRUE
regarding Shares in the capital market?
A. The risk factor is high in shares than in debt
instruments
B. It is a unit of ownership
C. Equity Shares have claim over the capital,
profit and loss
D. All A, B & C
879. Which of the following term denotes a
currency which is hyper-sensitive and
fluctuates frequently often with political &
economic situations?
A. Hard Currency
B. Hot Currency
C. Soft Currency
D. Easy Currency
880. According to Finance Ministry, GST
collection rose up ______ % in August at Rs
98,202 crore.
A. 3.57
B. 4.51
C. 6.51
D. 2.67
881. As per recent notification by NPCI, MDR
has been revised to 0.30% with a maximum cap
of Rs 100 per transaction. ‘D’ in MDR stands
for__________.
A. Digital
B. Discount
C. Discreet
D. Developed
882. RBI has extended deadline for PPIs to
become full KYC complaint, from
________months to________ months.
A. 12, 16
B. 9, 12
C. 18, 24
D. 24, 30
883. Which bank recently tied up with TATA
AIG insurance for a diverse range of general
insurance policies benefiting the bank’s
customers?
A. South Indian Bank
B. Federal Bank
C. Corporation Bank
D. Indian Bank
884. Samsung India tied up with MasterCard
and which other banks in India for mobile
payments?
A. Bank of India
B. ICICI Bank
C. RBL Bank
D. Bank of Baroda
885. Which of the following bank says to you,
“Apno ka Bank”?
A. Federal Bank
B. Allahabad Bank
C. Punjab National Bank
D. RBL Bank
886. In which of the following payment
system(s) is the user required to provide Indian
Financial System Code (IFSC) during
transactions?
A. Real Time Gross Settlement
B. National Electronic Funds Transfer
C. Credit card and Debit card transactions
D. Both A & B
887. ___________ is long-term unemployment
caused by the decline of certain industries and
changes in the production process.
A. Frictional unemployment
B. Cyclical unemployment
C. Structural unemployment
D. Seasonal unemployment
888. Which of the following can act as Issuing
and Paying Agent for the issuance of
Commercial Paper?
A. Corporates
B. Foreign Institutions
C. Scheduled Bank
D. Non-Scheduled Bank
889. Which of the following entities recently
announced the establishment of the first global
green bond fund?
A. IMF, Deutsche Asset Management
B. ADB, BNP Paribas Investment Partners
C. NDB, New York Life Investment
Management
D. None of these
890. CMO is a generic term for a security
backed by real estate mortgages. ‘O’ in CMO
stands for____________.
A. Offerings
B. Obligation
C. Overseas
D. Ombudsman
891. ECS is an electronic mode of payment /
receipt for transactions that are repetitive and
periodic in nature. ‘C’ in ECS stands for?
A. Corporate
B. Company
C. Cash
D. Clearing
892. Which of the following facility/service is
NOT available in a White Label ATM?
A. Regular Bills Payment
B. Cash Deposit
C. PIN change
D. All the above ARE available
893. As per the RBI annual report, Banking
fraud cases have witnessed a rise by over how
much percentage (approx.) in FY-19 over FY-
18?
A. 70%
B. 78%
C. 80%
D. 85%
894. Which organisation recently underwent
an agreement with Steel Users Federation of
India for the launch of steel futures?
A. National Stock Exchange
B. Multi-commodity Exchange
C. Ahmedabad stock exchange
D. Bombay Stock Exchange
895. SBI recently rose up to Rs _____ Crore By
Issuing Basel-III-Compliant Bonds.
A. 2134
B. 3105
C. 4567
D. 5798
896. ICAAP is a process which helps banks in
India to assess the capital requirement under
BASEL norms. What is ‘I’ in ICAAP?
A. Internal
B. Investment
C. Industry
D. Integrated
897. The “India Microfinance Equity Fund” is
operated through ___________.
A. MUDRA Bank
B. SIDBI
C. RBI
D. Scheduled banks
898. Who among the following is/are eligible
for opening a Fixed Deposit in a bank?
A. Hindu Undivided Family
B. Limited Companies
C. Clubs and Societies
D. All A, B & C
899. Among the following which are the Indian
credit bureaus?
A. CIBIL TransUnion
B. Experian
C. Equifax
D. All of the above
900. Which of the following option is
INCORRECT regarding Treasury Bills?
A. They have a maximum maturity period of 192
days
B. They pay maximum interest among other
instruments
C. They are issued by Finance Ministry
D. All A, B & C
901. Which of the following is/are NOT feature
(s) of an Underdeveloped Economy?
A. Dominance of tertiary sector
B. Widespread Poverty
C. income inequalities
D. Standard of living is low
902. Which of the following is/are components
of ‘Gross Domestic Products (GDP)’?
A. Value of intermediate goods produced in
India
B. Value of final goods produced in India
C. Value of intermediate as well as final goods
produced outside India.
D. Value of final goods produced in India as well
as outside India.
903. SDR is an international reserve asset
created by the International Monetary Fund
(IMF). ‘D’ in ‘SDR’ stands for _________.
A. Domestic
B. Dynamic
C. Determined
D. Drawing
904. What should be subtracted from the Fiscal
Deficit to get Primary Deficit?
A. Total Expenditure
B. Revenue Deficit
C. Interest Payment
D. Transfer Payment
905. Which of the following statements is
CORRECT about the ‘Index of Industrial
Production (IIP)’?
A. It is released by the National Sample Survey
Office (NSSO).
B. The base year is 2004-05.
C. It is compiled and published monthly.
D. It doesn’t measure the short-term changes in
the volume of production of a basket of
industrial products.
906. Which among the following incomes is a
component of the ‘Public Accounts of India’?
A. Small Savings Schemes
B. Loans raised by the Government by the issue
of Treasury Bills.
C. Loans or ways and means advances received
by the Government
D. Revenues received by the Government of
India
907. The Integrated Child Development
Scheme is one of biggest child development
schemes in the world run in our country. This
scheme was launched in the year –
A. 1978
B. 1980
C. 1975
D. 1989
908. You must have heard of the ‘LPG reforms’
in context of Indian economy. What does G
stand for?
A. Growth
B. Gross
C. General
D. Globalization
909. You must have heard about ETFs in your
study of economics, what does ‘E’ stands for in
ETF?
A. Enterprise
B. Exchange
C. Entity
D. External
910. Which of the following is/are the
instruments of Monetary Policy used by RBI in
India?
A. Reverse Repo Rate
B. Marginal Standing Facility
C. Liquidity Adjustment Facility
D. All A, B & C
911. RBI has discontinued LOUs issued by
banks in India. What does ‘U’ stand for?
A. Understanding
B. Undertaking
C. Underwritten
D. Understandable
912. Which of the following is/are included
while calculating GDP?
A. Final goods and services sold for money
B. Transfer payments
C. Sales of used goods
D. Non-monetary compensated work
913. What is the estimated (projected) fiscal
deficit for 2020-21 as a percentage of GDP?
A. 2.5%
B. 2.8%
C. 3.8%
D. 3.0%
914. Small Finance Banks are licensed under
___________ of Banking Regulation Act, 1949.
A. Section 2
B. Section 10
C. Section 9
D. Section 22
915. Which among the following determines
the ability of any organization to meet the
financial losses?
A. Liquidity Ratio
B. Investment Ratio
C. Leverage Ratio
D. Transfer Ratio
916. What is the applicable limit for social
infrastructure loans under priority sector?
A. Rs 5 crore
B. Rs 10 crore
C. Rs 20 crore
D. Rs 12 crore
917. Which bank launched the digital fixed-
deposit product called ‘Express FD’ in India?
A. Yes Bank
B. ICICI Bank
C. Standard Chartered Bank
D. Axis Bank
918. Which state government launched
“Abhinandan scheme” to give a Rs. 50,000
subsidy to education loans?
A. Arunachal Pradesh
B. Sikkim
C. Assam
D. Nagaland
919. Reserve Bank of India recently mandated
non-banking financial companies (NBFCs) with
assets of more than ₹5,000 crore to appoint a
CRO. What is ‘R’ in CRO?
A. Reporting
B. Representative
C. Reinstate
D. Risk
920. Which among the following statement is
not true regarding RBI (Reserve Bank Of India)?
A. RBI was originally setup as a private entity in
1935, but it was nationalized in 1949
B. RBI is governed by a central board of
directors, appointed by the government
C. RBI manages all foreign exchanges under
Foreign Exchange Management Act of 1999
D. In 1956 RBI replaced minimum reserve
system by proportional reserve system
921. “AePS” is a bank-led model for
transactions at micro-ATMs. Here, A stands for
___________
A. Actual
B. Arbitrary
C. Approved
D. Aadhar
922. The GSP is the oldest US trade preference
programme which is designed to promote
economic development by allowing duty – free
entry for thousands of products from
designated beneficiary countries? What does P
stand for in GSP?
A. Party
B. Parity
C. Preferences
D. Purchase
923. Which bank has launched the web tool –
‘Vasool So-Ft’ (Vasool So-Fast) – for digitalizing
the NPA (non-performing asset) recovery
process of the bank?
A. State Bank of India
B. Corporation Bank
C. Karnataka Bank
D. Indian Bank
924. Which bank has set up a Centralized
MSME & Retail Group (Cen-MARG) to process
retail and MSME loans for better efficiency of
branches in business acquisition?
A. Punjab National Bank
B. Allahabad Bank
C. Indian Bank
D. Punjab & Sind Bank
925. An amount of Rs. ________ crore has
been provided for FY 2019-20 to create World
Class Institutions in the field of education.
A. 300
B. 400
C. 500
D. 600
926. The Fertilizer Subsidy allocations have
seen a hike of around Rs. ________ crores in
Budget Estimates 2019-20 from Rs. 70,090.35
crores (Budget Estimates 2018-19).
A. 5,000
B. 10,000
C. 15,000
D. 20,000
927. Total Defence Allocation, including
Defence Pension, accounts for ________
percent of the total Central Government
expenditure for the Financial Year 2019-20.
A. 13.23
B. 15.47
C. 16.87
D. 17.42
928. According to World Bank, ________
retained its position as the world’s top
recipient of remittances with its Diaspora
sending a whopping USD 79 billion back home
in 2018.
A. USA
B. India
C. Singapore
D. Malaysia
929. Fitch Ratings cut India’s economic growth
forecast for the next financial year starting
April 1 2019, to ________% from its previous
estimate of 7%.
A. 6.5
B. 6.6
C. 6.7
D. 6.8
930. Which state launched a one-time
settlement scheme for those who have taken a
loan of up to Rs 60 lakh from co-operative
banks, in July 2019?
A. Punjab
B. Uttarakhand
C. Uttar Pradesh
D. Bihar
931. Ayushaman Bharat is the world’s largest
healthcare insurance scheme. How many poor
families have been identified to be eligible for
this scheme under the Socio-Economic Caste
Census (SECC)?
A. 10.74 crore poor families
B. 5.74 crore poor families
C. 2.74 crore poor families
D. 8.74 crore poor families
932. Bank holidays under Section 25 of the
Negotiable Instruments Act, 1881 are declared
by:
A. Respective State/UTs Government
B. Banking Operations Department
C. Bank Union
D. RBI
933. The tax payers data flows directly from
banks to Tax Information Network (TIN). Who
maintains TIN?
A. RBI
B. National Securities Depository Ltd.
C. National Securities Defense Ltd.
D. Enforcement Directorate
934. In which of the following types of banking,
there is a direct execution of transaction
between a bank and its consumers?
A. Retail Banking
B. Universal Banking
C. Virtual Banking
D. Unit Banking
935. Expand MAT related to tax?
A. Minimum Additional Tax
B. Maximum Alternative Tax
C. Maximum Additional Tax
D. Minimum Alternative Tax
936. If the RBI wants to infuse credit in Banking
system in our country, which of the followings
can be done?
A. Decreasing CRR
B. Decreasing SLR
C. Both A and B
D. None of the above
937. Which is an interest-free period that is to
be given by a creditor to debtor?
A. Fixed Period
B. Preset Period
C. Grace Period
D. All of the above
938. Which among the following is not an
example of Non – Linear Derivative?
A. Convertibles
B. Swaps
C. Options
D. Equity linked bonds
939. Which among the following does the
Section 47 (A) of The Banking Regulation Act,
1949 include?
A. Application of other laws not barred
B. Power of Reserve Bank to impose penalty
C. Disposal of non – banking assets
D. Requirement as to minimum paid – up capital
and reserves
940. Under a money back policy, the payment
of sum assured to the insured which has
become due by installments is known as
_________.
A. Claim Amount
B. Guaranteed Insurance Sum
C. Survival Benefit
D. Surrendered value
941. Which of the following component of
external sector comes under Current Account in
India?
A. FDI
B. Interest payments received by government
C. External Commercial Borrowings
D. FII
942. The minimum denomination in which the
Treasury Bills can be issued in India is:
A. Rs 10,000
B. Rs 25,000
C. Rs 50,000
D. Rs 1 lakh
943. Which of the following is not included in
government securities?
A. Promissory notes
B. Debentures
C. Bearer bonds
D. All of the above
944. The maximum amount of insurance that
can be taken under micro insurance policies is
–
A. Rs 25000
B. Rs 75000
C. Rs 1 lakh
D. Rs 50000
945. As per the Union Budget 2019-20, Income
up to Rs. ___________ exempted from income
tax.
A. 8 lakh
B. 6 lakh
C. 5 lakh
D. 4 lakh
946. Deposit Insurance and Credit Guarantee
Corporation is a subsidiary of Reserve Bank of
India. The authorized capital of DICGC is
______
A. 100 Crore
B. 200 Crore
C. 150 Crore
D. 50 Crore
947. What is the expand form of ‘OTC’?
A. Opposite Tenure Counter
B. Over Term Counter
C. Over Transfer of Cash
D. Over the Counter
948. What is the Paid-up Share Capital of
Agriculture Insurance Company of India?
A. Rs. 200 crores
B. Rs. 500 crores
C. Rs. 750 crores
D. Rs. 100 crores
949. ______ is a temporary finance facility
provided to Government of India by RBI to
accommodate mismatch in the government’s
receipts and payments.
A. LAF
B. WMA
C. SLR
D. WACR
950. Which of the following statements in
context of Treasury bills (T- Bills) is not correct?
A. T-bills offer short-term investment
opportunities, generally up to one year
B. T-bills are available for a minimum amount of
Rs.25,000
C. T-bills auctions are held at the SEBI
headquarter.
D. Both A & B
951. As per the latest ADB estimates, India’s
GDP growth forecast will be ___________ for
2019-2020.
A. 7%
B. 7.3%
C. 7.2%
D. 7.5%
952. Which of the below sentences is/are
correct?
A. SBI has issued draft guidelines on liquidity
management for the NBFCS and proposed a
liquidity coverage ratio for large NBFCs.
B. It covers all deposit taking NBFCs and non-
deposit taking NBFCs with an asset size of Rs
5,000 crore and above.
C. Company fixed deposits (FDs), unlike bank
FDs, don’t come with insurance.
D. Only B and C
953. Recently, S&P Global Ratings reduced
India’s growth projection for 2019-20 from
7.1% to ________%.
A. 6.9
B. 6.7
C. 6.5
D. 6.3
954. India’s largest lender is hoping to
capitalize on the country’s shadow banking
crisis by building its ________.
A. Mortgage
B. Small business loan book
C. Shares
D. Both A and B
Answer: D
955. The government of India projected an
increase of ________ in non-Goods and
Services Tax collection in 2022-23.
A. 25%
B. 24%
C. 25.5%
D. 26.6%
956. Which of the following banks are not
removed from Prompt Corrective Action
Framework?
A. Lakshmi Vilas Bank
B. Allahabad Bank
C. Corporation Bank
D. Dhanlaxmi Bank
957. Which of the following alongwith
Insurance Regulatory and Development
Authority of India (IRDAI) set up Regulatory
Sandbox for fintech innovations in 2019?
A. Pension Fund Regulatory and Development
Authority
B. Telecom Regulatory Authority of India
C. Securities and Exchange Board of India
D. Association of Mutual Funds in India
958. Which bank has launched ‘Corp SME
Suvidha’, a product for GST-registered MSMEs?
A. HDFC Bank
B. Corporation Bank
C. Central Bank of India
D. Axis Bank
959. Which of the following statement is true
with respect to Substandard Asset?
A. Substandard Asset is the asset which
remained as non performing Assets for 3
months.
B. Substandard Asset is the asset which
remained as non performing Assets for 6
months.
C. Substandard Asset is the asset which
remained as non performing Assets for 9
months.
D. Substandard Asset is the asset which
remained as non performing Assets for 12
months.
960. Which of the following security is
immovable property but remains in possession
of the borrower instead of the lender?
A. Pledge
B. Hypothecation
C. Mortgage
D. Lien
961. As per the RBI, bank credit to
infrastructure sector grew by 18.5% to Rs
________ lakh crore as of 2018-19, the highest
since 2012-13 fiscal.
A. 7.55
B. 8.55
C. 10.55
D. 11.55
962. Inflation is measured by which index in
India?
A. Wholesale Price Index
B. Consumer Price Index
C. Index of Agricultural Production
D. National Domestic Product
963. Which of the following activity does not
come under Para Banking Services?
A. Insurance
B. Portfolio Management
C. Mutual Fund Business
D. Giving credit
964. Who among the following has an option
to open a Non-Resident Ordinary Rupee (NRO)
account?
A. Non-Resident of India (NRI)
B. Person of Indian Origin (PIO)
C. Overseas Citizen of India (OCI)
D. All the above
965. What are the loans taken from a lender
and has to be repaid after a fixed interval of
time are called?
A. Formal sector loans
B. Informal sector loans
C. General loans
D. Commercial loans
966. As per the data released by NPCI, the
number of transactions over the Unified
Payments Interface in August hit a record
_________ with a total worth of ________.
A. 918 million, 1.54 lakh crore
B. 1000 million, 10 lakh crore
C. 1000 million, 7 lakh crore
D. 918 million, 3.0 lakh crore
967. What does ‘N’ stand for in the important
banking abbreviation NDTL?
A. National
B. Net
C. Numeric
D. Nominal
968. What is the maximum amount that can be
transferred through the Aadhaar Enabled
Payment System (AEPS) per account per day?
A. Rs 25000
B. Rs 20000
C. Rs 15000
D. Rs 50000
969. In banking parlance, CDS stands for
________.
A. Corporate Debt Swap
B. Corporate Dilution Scheme
C. Credit Default Swap
D. Credit Delivery Scheme
970. In FINO PayTech, ‘I’ stands for ________.
A. International
B. Initiative
C. Institution
D. Inclusion
971. Who presented the first Union budget of
independent India?
A. Jawaharlal Nehru
B. Vallabhai Patel
C. Bhimrao Ambedkar
D. RK Sanmukham Chetty
972. What is the minimum Capital Adequacy
ratio to be maintained by payment banks in
India?
A. 11%
B. 12%
C. 11.5%
D. 15%
973. ______ is a fixed amount that is received
or paid at regular intervals for a specified
period.
A. Perpetuity
B. Annuity
C. Premium
D. Dividend
974. As per RBI mandate, banks may choose
any benchmark market interest rate published
by FBIL for linking of their loan products. What
is ‘I’ in FBIL?
A. Integrated
B. Industrial
C. Interest
D. India
975. Government has decided to infuse Rs
__________ crore in IDBI Bank to work out as
bailout money for the bank
A. 8000
B. 14000
C. 11000
D. 9000
976. _______ is a product for which demand
increases as the price increases and falls when
the price decreases.
A. Complementary Goods
B. Novice Goods
C. Giffen Goods
D. Auxiliary Goods
977. Which of the following small finance bank
of India recently proposed issuing shares of the
bank to its shareholders without cash
consideration?
A. Ujjivan SFB
B. Equitas SFB
C. Utkarsh SFB
D. Fincare SFB
978. Bank of Baroda has planned to raise
capital up to Rs ___________ crore through
tier-II bonds for meeting capital adequacy
norms for the newly merged entity.
A. 5000
B. 1500
C. 2400
D. 3000
979. The maximum incentive that could be
received as a Merchant on BHIM Aadhar Pay
App is _________.
A. Rs 3000
B. Rs 50
C. Rs 2000
D. Rs 5000
980. RBI, recently declined ________ request
to extend listing deadline for small finance
bank.
A. Ujjivan
B. Jana
C. Equitas
D. AU
981. The Nainital bank is a subsidiary of
____________.
A. Bank of Baroda
B. Axis Bank
C. Punjab National Bank
D. Bandhan Bank
982. Which of the following term is used to
define a period of time when someone goes
without insurance coverage?
A. Endorsement
B. Lapse
C. Condominium
D. Arson
983. What is the function of Authorised Money
Changers?
A. Deal in foreign exchange facilities
B. Distribution of new notes for soiled notes
C. Converting physical money into digital
currency
D. Facilitating online transactions within and
outside country
984. What was the initial corpus with which
Rural Infrastructure Development Fund was set
up?
A. Rs 1000 Crore
B. Rs 750 Crore
C. Rs 1250 Crore
D. Rs 2000 Crore
985. What is the Capital to Risk- weighted
Assets Ratio (CRAR) to be maintained by Indian
Banks under Basel III norms?
A. 8%
B. 6%
C. 9%
D. 7%
986. Which of the following is a competitive
market situation where there are many sellers,
but they are selling heterogeneous (dissimilar)
goods?
A. Absolute Competition
B. Imperfect Competition
C. Perfect Competition
D. Oligopolistic Competition
987. Automated Teller Machines (ATMs) set
up, owned and operated by non-bank entities
are called _____________ ATMs.
A. Brown-label
B. Blue-label
C. White-label
D. Grey-label
988. Insurance premiums cannot be paid by
________
A. Promissory Note
B. UPI
C. RuPay Card
D. Both A & B
989. Reserve Bank has identified four broad
areas for targeted policy intervention to
improve the existing payments system. Which
of the following is not among them?
A. Competition
B. Cost
C. Coverage
D. Convenience
990. Which among the following is true about
‘Perpetual Bond’?
A. A bond with tax-free interest
B. A bond with high yields
C. A bond with a redeemable option
D. A bond with fixed income
991. SBI recently offered MUDRA loans to
Kerala broiler farmers. What is the maximum
Loan limit under MUDRA?
A. Rs 4 Lakh
B. Rs 10 Lakh
C. Rs 12 Lakh
D. Rs 5 Lakh
992. There are basically _____ principles that
govern the insurance.
A. 10
B. 12
C. 7
D. 5
993. “Sar utha ke jiyo” is a tagline of
_______________.
A. SBI Life Insurance
B. Postal Life Insurance
C. HDFC Standard Life Insurance
D. Aviva Life Insurance
994. In FY-20, NBFCs are expected to grow by
__________, as per Ratings agency India
Ratings.
A. 4-5%
B. 6-7%
C. 8-9%
D. 10-12%
995. Insurance regulator IRDAI formed a
working group to revisit norms on trade credit
insurance. Where is the headquarters of IRDAI
situated?
A. Pune
B. Mumbai
C. Chennai
D. Hyderabad
996. State Bank of India has planned to sell
______ percent stake in SBI Life Insurance for ₹
3465 Crore.
A. 4.5%
B. 6.5%
C. 3.5%
D. 5.0%
997. __________, recently came out with new
ATM withdrawal charges, to be revised from
October 1.
A. BOB
B. Union Bank of India
C. SBI
D. IDBI
998. IDBI Bank announced its decision to
launch co-branded credit card with which of
the following organization?
A. EPFO
B. NHB
C. RBI
D. LIC
999. Recently, RBI Panel under the
chairmanship of _______ has recommended
that an intermediary be set up under the
National Housing Bank (NHB).
A. Bimal Jalan
B. Pami Dua
C. VK Johri
D. Harsh Vardhan
1000. ______, recently rationalized MDR for
RuPay debit card deals.
A. IBDRT
B. NPCI
C. RBI
D. None of these
1001. The Bombay Stock Exchange (BSE) has
signed a licensing agreement with which of the
following global exchanges?
A. Intercontinental Exchange (ICE) Futures
Europe
B. NASDAQ
C. Tokyo Stock Exchange
D. Euronext Stock Exchange
1002. The Government of India and the
Government of Maharashtra has signed a
______ loan agreement with the World Bank.
A. USD 250 million
B. USD 240 million
C. USD 210 million
D. USD 200 million
1003. RBI has bought _____ crore of long-term
securities in fourth special open market
operation and has sold Rs 2950 crore of short
term bonds.
A. Rs 8000
B. Rs 5000
C. Rs 12000
D. Rs 10,000
1004. Who among the following has been
appointed as the managing director and chief
executive officer (MD & CEO) of Bank of India?
A. Sanjiv Chadha
B. Lingam VenkatPrabhakar
C. Atanu Kumar Das
D. Mahender Kumar Garg
1005. Country’s largest private sector bank,
ICICI bank has launched a Cardless cash
withdrawal facility from its ATMs with a per-
day transaction limit of _______.
A. Rs. 5,000
B. Rs. 10,000
C. Rs. 15,000
D. Rs. 20,000
1006. What does M stand for in the recently
launched ‘MANI’ app by RBI?
A. Money
B. Mobile
C. Merchant
D. Members
1007. For which urban cooperative bank
account holders the Reserve Bank of India (RBI)
has restrict the cash withdrawals up to Rs.
35,000?
A. ApnaSahakari Co-Op Bank Ltd
B. Ahmedabad Mercantile Co-Op Bank
C. Sri Guru RaghavendraSahakara Bank
D. NutanNagarikSahakari Bank
1008. Which public sector bank has announced
the ‘Residential Builder Finance with Buyer
Guarantee’ (RBBG) scheme?
A. Bank of Baroda
B. Bank of India
C. State Bank of India
D. Punjab National Bank
1009. Karnataka VikasGrameena Bank (KVGB)
signed a memorandum of understanding with
which private company on solar lightening and
livelihood solutions?
A. Deepa Solar Systems Pvt. Ltd
B. Vikram Solar Pvt. Ltd
C. Loom Solar Pvt. Ltd
D. SELCO Solar Light Pvt. Ltd
1010. Finance Minister has launched which app
for online auction of assets attached by banks?
A. eSell
B. eBaich
C. eBkray
D. eBay
1011. Which Bank has launch OTP-based ATM
cash withdrawal from January 1, 2020?
A. State Bank of India
B. Punjab National Bank
C. Dena Bank
D. Syndicate Bank
1012. Federal Bank has partnered with online
real estate platform _______ for listing and e-
auctioning of immovable properties
repossessed by the bank in recovery
proceedings.
A. Brigade Enterprises Ltd
B. DLF Ltd
C. Housing Development and Infrastructure Ltd
(HDIL)
D. Magic Brick
1013. What is the amount Asian Infrastructure
Investment Bank (AIIB) has announced for
irrigation and solar energy projects in India?
A. 210 million
B. 150 million
C. 200 million
D. 500 million
1014. Which state-owned bank will get fresh
capital of Rs. 2,153 crores from the Central
government?
A. Union Bank
B. United Bank of India
C. Allahabad Bank
D. Punjab National Bank
1015. The Reserve Bank of India (RBI) has
increased the limits imposed on peer-to-peer
lenders to _____.
A. 10 lakh
B. 20 Lakh
C. 30 lakh
D. 50 lakh
1016. The fund transfers through the NEFT
system occur in how many batches?
A. 6
B. 12
C. 16
D. 23
1017. Nippon which acquires additional 21.54%
stake in Reliance Nippon Life Asset
Management is a company of which country?
A. China
B. Russia
C. USA
D. Japan
1018. RBI rejects merger of which two banks?
A. Yes Bank and IndiaBulls
B. Laxmi Vilas Bank and IndiaBulls
C. Yes Bank and Dhanlaxmi Bank
D. Dhanlaxmi Bank and Edelweiss Broking
Limited
1019. Bank of Baroda partnered with which
state government to provide MSME loans?
A. Maharashtra
B. Andhra Pradesh
C. Telangana
D. Gujarat
1020. What does P stand for in STP?
A. Powered
B. Processing
C. Premier
D. Partnership
1021. Certificate of Deposit (CD) is issued
by_____________.
A. Reserve Bank of India
B. NABARD
C. Scheduled commercial banks
D. Private organizations
1022. What is the maximum FDI limit in the
Small finance Banks?
A. 35%
B. 51%
C. 100%
D. 74%
1023. APA gives certainty to taxpayers reduces
disputes and enhances tax revenues. What
does ‘P’ denote in ‘APA’?
A. Personal
B. Pricing
C. Payment
D. Public
1024. As per the RBI guidelines, which among
the following categories of loans could NOT be
priced without reference to Base Rate?
A. DRI advances
B. Loans to retired bank employees
C. Education Loan
D. Loans to banks’ depositors against the
collateral property
1025. Reserve Bank of India (RBI) extended
timings for customer transactions in the Real
Time Gross Settlement (RTGS). In India RTGS
was started in__________.
A. May 2005
B. March 2004
C. June 2006
D. August 2005
1026. The Reserve Bank of India has advised
SCBs to appoint Internal Ombudsman under
the section 35A of ________.
A. Banking Companies Act 1970
B. Banking Ombudsman Act 2006
C. Reserve Bank of India Act 1934
D. Banking Regulation Act 1949
1027. Which among the following account type
has the maximum interest rate compared to
others?
A. Savings Bank Account
B. Current Deposit Account
C. Recurring Deposit Account
D. Fixed Deposit Account
1028. As per the guidelines of RBI, Regional
Rural Banks have a target of _____ percentage
of their outstanding advances for priority
sector lending.
A. 75%
B. 40%
C. 60%
D. 80%
1029. Which among the following deposits
allows the depositor to withdraw funds from
the account without notice?
A. Time deposit
B. Term deposit
C. Fixed deposit
D. Demand deposit
1030. Where are the headquarters of WTO
located?
A. Switzerland
B. France
C. Denmark
D. Estonia
1031. Who is the Chairman of the 15th Finance
Commission of India?
A. Ramesh Chand
B. Ashok Lahiri
C. N.K. Singh
D. Anoop Singh
1032. Which of the following has organized the
Startup India Global Venture Capital Summit?
A. Department for Promotion of Industry and
Internal Trade
B. Government of Goa
C. Government of Punjab
D. A & B
1033. Who is elected as the President of the
Asian Development Bank (ADB)?
A. Takehiko Nakao
B. JinLiqun
C. TedrosAdhanom
D. MasatsuguAsakawa
1034. Account opened under PMJDY 1 was
eligible for general accidental insurance cover
for Rs.____________.
A. 30000
B. 1 Lakh
C. 50000
D. 5000
1035. In which of the following custody the
Foreign Exchange Reserves are kept in India?
A. EXIM bank
B. Ministry of Finance
C. Reserve bank of India
D. Selected public sector banks
1036. Which of the following is the short name
of highest authority in India for Indirect Taxes?
A. CBEC
B. CBED
C. CBDT
D. CBIT
1037. Which of the following is a qualitative
tool of monetary policy?
A. Bank Rate
B. Credit Selling
C. Credit rationing
D. Cash Reserve Ratio
1038. ___________ is the largest producer of
rubber in India.
A. Chennai
B. Andhra Pradesh
C. Himachal Pradesh
D. Kerala
1039. At present, what is the share of
Government of India in NABARD?
A. 50%
B. 51%
C. 75%
D. 100%
1040. Which state has topped in the overall
performance among the large states category
as per the 1st edition of School Education
Quality Index (SEQI) 2019 by National
Institution for Transforming India (NITI) Aayog?
A. Sikkim
B. Maharashtra
C. Kerala
D. Rajasthan
1041. Foreign Exchange Regulation Act (FERA)
in 1947 was subsequently replaced by Foreign
Exchange Regulation Act, __________.
A. 1978
B. 1950
C. 1984
D. 1973
1042. Which country is the world’s largest
consumer of almonds?
A. China
B. Spain
C. United State
D. Vietnam
1043. “Pure Banking Nothing Else” is a tagline
of which Bank?
A. ICICI Bank
B. UTI Bank
C. SBI Bank
D. HDFC Bank
1044. Disinvestment means-
A. To reduce the government shares in the
private sector.
B. To reduce government share in the FDI.
C. To reduce government share in Market.
D. To reduce the government shares in the
public sector.
1045. Economic planning is an important
feature of _________.
A. Mixed Economy
B. Socialist Economy
C. Dual Economy
D. Capitalist Economy
1046. The first attempt to calculate National
Income of India was made by ______________
in 1867 -68.
A. AGopal Krishna Gokhale
B. Justice Ranade
C. DadabhaiNaroji
D. P.C. Mahalanobis
1047. The NOTA option first used in the
election of which year?
A. 2006
B. 2008
C. 2012
D. 2013
1048. What does MIGS stands for?
A. Minimum Income Group Scheme
B. Middle Income Group Scheme
C. Middle Incentive Group Scheme
D. Minimum Incentive Group Scheme
49. What is an Open Market Operation?
A. It is release of funds by RBI in Open Market
B. It is standby facility to banks by RBI for
infusion of liquidity
C. It is buying or selling of government bonds in
the open market by Central Bank to inject or
suck liquidity from the system
D. All of the above
1050. What is the full form of SECC?
A. Socio Economic Class Survey
B. Socio Economic Caste Service
C. Social Earning Class Survey
D. Socio Economic Caste Census
1051. Airtel Payment Bank has announced that
customers will now be able to use the National
Electronic Funds Transfer (NEFT). Which of the
following function is not performed by
Payment Banks?
A. These banks can make payments
B. These banks can take deposits
C. They provide Internet banking
D. These banks issue credit cards
1052. Amounting to how many Rupees and
above The Reserve Bank of India has directed
large cooperative banks to report all exposures
the CRILC?
A. 2 crore Rupees
B. 4 crore Rupees
C. 6 crore Rupees
D. 5 crore Rupees
1053. When NITI Aayog was formed?
A. 2016
B. 2014
C. 2013
D. 2015
1054. Which state government has signed the
1st tripartite Memorandum of Agreement with
the department of fisheries and NABARD for
implementation of Fisheries and Aquaculture
Development Fund?
A. Assam
B. West Bengal
C. Tamil Nadu
D. Kerala
1055. Which country’s Financial Services
Authority has signed a memorandum of
understanding with Securities and Exchange
Board of India for mutual cooperation and
technical assistance recently?
A. Mongolia Financial Services Authority
B. Uzbekistan Financial Services Authority
C. Astana Financial Services Authority
D. Kazakhstan Financial Services Authority
1056. Who is the President of the Asian
Infrastructure Investment Bank?
A. Christine Lagarde
B. David Malpass
C. JinLiqun
D. Angela Merkel
1057. Who among the following is the
Chairman of National Bank for Agriculture and
Rural Development (NABARD), recently whose
tenure is extended by six months?
A. T.Venkatakrishna
B. ArindomDatta
C. Harsh Kumar Bhanwala
D. Deepak Singhal
1058. What is the name of the Project
launched by government of India to provide
internet facility to all villages with an objective
to promote Digital India?
A. IndiaNet
B. BharatNet
C. NationNet
D. ConnectNet
1059. The World Bank Group is an extended
family of _____ international organizations.
A. Six
B. Five
C. Ten
D. Nine
1060. Bank of the Republic is the central bank
of which of the following country?
A. Nigeria
B. Columbia
C. America
D. Fiji
1061. In a/an _______ market, the seller sells
his goods to the highest bidder.
A. Black Market
B. Knowledge Market
C. Financial Market
D. Auction Market
1062. Which among the following would help
Cooperative banks to get Core Banking Access?
A. RBI
B. NABARD
C. SEBI
D. SIDBI
1063. What is the maximum limit of Foreign
Direct Investment in White Label ATMs?
A. 49%
B. 86%
C. 100%
D. 70%
1064. Commercial Paper can be issued in the
minimum denominations of _______ rupees.
A. 1 Lakh
B. 2 Lakh
C. 3 Lakh
D. 5 Lakh
1065. RBI has proposed Rs _________ crore
minimum capital for small banks under ‘on tap’
licence regime.
A. 100
B. 200
C. 300
D. 400
1066. Reserve Bank of India (RBI), recently
reduced the risk weight requirement for
consumer loans to _________ per cent , from
previous 125 per cent.
A. 75
B. 90
C. 100
D. 110
1067. The type of fund that invests exclusively
in government securities is known as _______.
A. Index Fund
B. Gilt Fund
C. Specific Fund
D. Liquid Fund
1068. We can transfer funds using your BHIM
SBI Pay app to your friend/relative by knowing
only their ___________.
A. Virtual Payment Application
B. Versatile Payment Address
C. Virtual Payback Address
D. Virtual Payment Address
1069. What is the maximum amount of loan to
be given in Kishore Category of MUDRA Bank?
A. 50000
B. 10 Lakh
C. 5 Lakh
D. 15 Lakh
1070. ___________ has introduced to regulate
the financial sectors for ensuring better
efficiency as well as for avoiding conflicts due
to overlapping of functions.
A. RBI
B. FRDI
C. FSDC
D. FIEO
1071. As per the RBI’s notification, the bank
should have to reverse failed transactions
within a maximum of ________ days of failed
transactions.
A .T + 3
B .T + 4
C. T + 2
D. T + 5
1072. Recently, Bank of Baroda launched
Centralised Processing hubs at ________ for
farmers.
A. Bengaluru
B. Chennai
C. Hyderabad
D. Mumbai
1073. _______ is a negotiable financial
instrument issued by a bank to represent a
foreign company’s publicly traded securities.
A. Promissory notes
B. Depositary Receipt
C. Bills of Exchange
D. Participatory Notes
1074. Mumbai is the Headquarters of which of
the following Banks?
A. Federal Bank
B. Syndicate Bank
C. RBL Bank
D. Punjab National Bank
1075. The applications of SFB were analyzed
and evaluated by an External Advisory
Committee. The EAC for Small Finance Banks
was chaired by ____________
A. NachiketMor
B. Usha Thorat
C. Balachandran
D. Deepak Pathak
1076. A SWIFT code is an international bank
code that identifies particular banks
worldwide. In Swift Code, 5 th& 6 th digits
denote
A. Country Code
B. Bank Code
C. Location Code
D. Branch Code
1077. The Insurance Ombudsman shall pass an
award within a period of _____ months from
the receipt of the complaint.
A. 12
B. 3
C. 2
D. 9
1078. RBI, recently approved reappointment of
Shyam Srinivasan as CEO of_________.
A. Lakshmi Vilas Bank
B. RBL Bank
C. Yes Bank
D. Federal Bank
1079. _________ is set to invest in 6 projects
with 1.09 billion USD in the countries of
Association with Southeast Asian Nations
(ASEAN).
A. ADB
B. NDB
C. IMF
D. AIIB
1080. Which of the following committees
recommended to allowing private sector
companies to promote insurance in the
country?
A. Raghavan Committee
B. R N Malhotra Committee
C. P R Khanna Committee
D. D R Mehta Committee
1081. _______ is a monetary policy
intervention by the RBI to withdraw excess
liquidity by selling government securities in the
economy.
A. Market Development Assistance Scheme
B. Market Intervention Scheme
C. Market Segmentation Scheme
D. Market Stabilization Scheme
1082. The Central and the State Governments
should maintain a minimum balance of
_______ crore as on daily with RBI.
A. 100 Crore
B. 5 Crore
C. 25 Crore
D. 10 Crore
1083. Which among the following services
cannot be provided through Micro ATMs?
A. Balance Enquiry
B. Funds Transfer
C. Cash Withdrawal
D. Lending Loans
1084. ______ accounts are held by a third-
party bank, other than both banks that are
doing the transactions.
A. Loro Account
B. VOSTRO Account
C. NOSTRO Account
D. NRI Account
1085. RuPay is India’s indigenous card scheme
created by which of the following
organizations?
A. NACH
B. NHB
C. NPCI
D. RBI
1086. Which among the following is the tagline
of Syndicate Bank?
A. India’s International Bank
B. Prosperity for all
C. Together We can
D. Faithful and Friendly
1087. NABARD was established based on the
recommendations of which of the following
committee?
A. Sreedharan Committee
B. Vohra Committee
C. P K Sinha Committee
D. B Sivaraman Committee
1088. Which among the following has launched
‘Bharosa’ savings account services recently?
A. Paytm Payments Bank
B. ESAF Small Finance Bank
C. Airtel Payments Bank
D. Jio Payments Bank
1089. The Bankruptcy Code (Amendment) Bill,
2019 has set ________ day deadline for
rescuing companies in distress to fast track
cleaning up of bad assets.
A. 330
B. 270
C. 364
D. 180
1090. UPR is the total annual premium less
than the amount earned. What is the full form
of UPR?
A. Uniform Premium Research
B. Uninsured Premium Reserve
C. Unearned Premium Reserve
D. Unearned Premium Requirement
1091. Call money is related to:
A. Share Market
B. Government Securities
C. Banks Deposit
D. None of theset
1092. What is the full form of NSDL?
A. National Source Depository Limited
B. National Securities Depository Limited
C. National Sample Depository Limited
D. None of these
1093. NAMA word is related to which
organization?
A. World Trade Organisation
B. UNCTAD
C. International Monetary Fund
D. None of these
1094. What is ‘first A’ stands for in DTAA (a tax
law)?
A. Avoidance
B. Average
C. Audit
D. Asset
1095. Which of the following organizations
releases the “World Economic Outlook”
Report?
A. Asian Development Bank
B. World Bank
C. International Monetary Fund
D. None of these
1096. What is the full form of REER?
A. Real Earning Emergent Ratio
B. Real Effective Exchange Rate
C. Real Elective Effective Ratio
D. None of these
1097. What does PMLA stands for?
A. Primary Money Launching Authority
B. Promoting Money Laundering Act
C. Preventing Money Launching Act
D. None of these
1098. Where is the headquarters of CARE
(Credit Analysis & Research Ltd.)?
A. Gurugram
B. Mumbai
C. Chennai
D. None of these
B
1099. The cooperative movement in which of
the following fields has achieved a great visible
success in India?
A. Banking sector
B. Textile sector
C. Cotton production
D. None of these
1100. In which year did second phase of
nationalization of banks took place?
A. 1969
B. 1980
C. 1984
D. None of these
1101. As per the Economic Survey 2019-20
reports, India needs to spend about how much
amount to achieve GDP of USD 5 trillion by
2024-25?
A. USD 1.9 billion
B. USD 2.2 trillion
C. USD 1.0 billion
D. USD 1.4 trillion
1102. Which country was the largest trading
partner of India in 2019-20?
A. Iraq
B. Germany
C. United States
D. France
1103. What is the estimated GDP growth for
Indian economy in 2019-20 fiscal as per the
First Advance Estimate of CSO?
A. 4.9%
B. 5%
C. 6.1%
D. 5.8%
1104. India has been ranked third globally, in
terms of the number of new firms created in
the year 2018 by the World Bank. How many
new firms were created in 2018 as compared
to 70 thousand new firms in 2014?
A. 1.70 lakh
B. 1.55 lakh
C. 1.91 lakh
D. 1.24 lakh
1105. The Forest and tree cover in India has
increased drastically and accounts for
__________ percent of the total geographical
area of the country.
A. 24.56 %
B. 12.77%
C. 32.15%
D. 21.12%
1106. How much amount has been projected
to be invested by the government in the
infrastructure sector over a period of five years
spanning 2020-2025?
A. Rs 200 lakh crore
B. Rs 155 lakh crore
C. Rs 102 lakh crore
D. Rs 271 lakh crore
1107. As per the data, 3.39 crore children and
87.18 lakh pregnant women from __________
districts have been vaccinated under the
Mission Indradhanush till date
A. 514
B. 680
C. 702
D. 410
1108. As per the report, service sector accounts
for approx what percent of the total size of the
economy?
A. 35%
B. 40%
C. 55%
D. 60%
1109. Which country was the largest source of
Import for India in the year 2019-20?
A. UAE
B. Japan
C. Singapore
D. China
1110. The Department of Drinking Water and
Sanitation (DDWS), has launched a document
on the ‘Rural Sanitation Strategy’ to focus on
increasing access to solid and liquid waste
management. The document has been
launched for a period of how many years?
A. 10 years
B. 5 years
C. 7 years
D. 15 years
111. Which bank was placed under the Prompt
Corrective Action (PCA) Framework by Reserve
Bank of India (RBI) due to reasons like high net
NPA (Non-Performing Assets)?
A. Yes Bank
B. Dhanlaxmi Bank
C. Lakshmi Vilas Bank (LVB)
D. City Union Bank (CUB)
1112. Which country’s Central bank has
released three coins (100, 1000 and 2500
denomination) bearing the Sikh symbol to
commemorate the 550th Birth Anniversary of
Guru Nanak Dev?
A. Bhutan
B. Bangladesh
C. Nepal
D. Sri Lanka
1113. What is the term money?
A. Refers to the borrowing or lending of funds
for 1 day.
B. Refers to borrowing and lending of funds for
a period of more than 14 days.
C. Refers to the borrowing and lending of funds
for 2-14 days.
D. It is lent or borrowed for one day or on an
overnight basis.
114. Which of the following is not a method of
measuring national income?
A. Investment Method
B. Product Method
C. Income Method
D. Expenditure Method
1115. Which of the following is related to the
Money Market?
A. Commercial Money
B. Treasury Bills
C. Cheque
D. Shares
1116. Which two countries have signed
agreement worth Rs. 2,400 crore to boost
trade ties in the field of rubber, construction
material, food and beverages, logistics?
A. India and Indonesia
B. Thailand and India
C. Philippines and India
D. India and Vietnam
1117. Which of the following products/articles
hold maximum weight-age in WPI?
A. Primary articles
B. Fuel items
C. Manufactured items
D. All of the above
1118. Which of the following instrument is
defined under the Negotiable Instrument Act?
A. Cheque
B. Draft
C. Promissory Note
D. All of the above.
1119. SEBI act 1992 empowers SEBI with
____________ power.
A. Constitutional Power
B. Statutory Power
C. Non Statutory Power
D. All of the above
1120. National Bank for Agriculture and Rural
Development (NABARD) was established in?
A. 1980
B. 1981
C. 1982
D. 1983
1121. Which of the following public sector
banks has signed a pact with Credit Analysis
and Research Limited (CARE) for accessing
credit qualities of small and Medium
Enterprises (SME)?
A. Punjab National Bank
B. Bank of Baroda
C. Union Bank of India
D. Indian Bank
1122. The Bombay Stock Exchange (BSE) has
signed a licensing agreement with which of the
following global exchanges?
A. Intercontinental Exchange (ICE) Futures
Europe
B. NASDAQ
C. Tokyo Stock Exchange
D. Euronext Stock Exchange
1123. The Government of India and the
Government of Maharashtra has signed a
______ loan agreement with the World Bank.
A. USD 250 million
B. USD 240 million
C. USD 210 million
D. USD 200 million
1124. RBI has bought _____ crore of long-term
securities in fourth special open market
operation and has sold Rs 2950 crore of short
term bonds.
A. Rs 8000
B. Rs 5000
C. Rs 12000
D. Rs 10 000
1125. Who among the following has been
appointed as the managing director and chief
executive officer (MD & CEO) of Canara Bank?
A. Sanjiv Chadha
B. Lingam VenkatPrabhakar
C. Atanu Kumar Das
D. Mahender Kumar Garg
1126. Who among the following has been
appointed as the managing director and chief
executive officer (MD & CEO) of Bank of India?
A. Sanjiv Chadha
B. Lingam VenkatPrabhakar
C. Atanu Kumar Das
D. Mahender Kumar Garg
1127. The Bharat Bond ETF Maturity period is
_____.
A. 6 months and one year
B. 2 years and 10 years
C. 3 years and 10 years
D. 5 years and 10 years
1128. To provide doorstep banking services,
the South-Central Zone of the Indian Railways
has signed a MoU with which of the following
banks?
A. Bank of India
B. State Bank of India
C. Bank of Baroda
D. Punjab National Bank
1129. Which Railway Zone of the Indian
Railways has signed a Memorandum of
Understanding (MoU) with State Bank of India
(SBI) for ‘doorstep banking’?
A. Central Railway
B. Northern Railway
C. North Eastern Railway
D. South Central Railway (SCR) zone
1130. For which urban cooperative bank
account holders the Reserve Bank of India (RBI)
has restricted the cash withdrawals up to Rs.
35,000?
A. ApnaSahakari Co-Op Bank Ltd
B. Ahmedabad Mercantile Co-Op Bank
C. Sri Guru RaghavendraSahakara Bank
D. NutanNagarikSahakari Bank
1131. Who among the following has been
appointed as the fourth deputy governor of the
Reserve Bank of India?
A. Rabi N. Mishra
B. Michael Patra
C. Deepak Kumar Mohanty
D. M. Rajeshwar Rao
1132. Who among the following has acquired
DHFL General Insurance for around Rs 100
crore?
A. Kapil Wadhawan
B. Sachin Bansal
C. Vijay Shekhar Sharma
D. Ritesh Agarwal
1133. The SWIFT international payment
network is one of the largest financial
messaging systems in the world of USA, as
equivalent to that CIPS is of which country?
A. Russia
B. China
C. Japan
D. France
1134. What is the full form of CIRP?
A. Central Insolvency Resolution Process
B. Credit Insolvency Resolution Process
C. Company Insolvency Resolution Process
D. Corporate Insolvency Resolution Process
1135. The nationwide campaign, ‘Team
Cashless India’ to accelerate the acceptance
and adoption of digital payments in India has
been initiated by which company?
A. Visa
B. Mastercard
C. Paytm
D. Google Pay
1136. Which of the following services cannot
be availed through AEPS?
A. Balance Enquiry
B. Cash Withdrawal
C. Overdraft
D. Cash Deposit
1137. As per the RBI’s guidelines for ‘on-tap’
licensing of small finance banks, what is the
minimum experience required (in years) for
any resident individuals/professionals, singly
or jointly, to set up SFBs?
A. 2 years
B. 5 years
C. 7 years
D. 10 years
1138. State Bank of India (SBI) has signed a
loan agreement worth of ______ with KFW
(KreditanstaltfürWiederaufbau) German
development bank for establishing an energy-
efficient housing program in India.
A. USD 277 million
B. USD 370 million
C. USD 497 million
D. USD 377 million
1139. Which financial company has launched
India’s first corporate bond exchange-traded
fund (ETF), called the Bharat Bond ETF?
A. Edelweiss Asset Management Company
(AMC)
B. Mahindra & Mahindra Financial Services
Limited
C. Muthoot Finance Ltd
D. HDB Financial Services
1140. From December 16, 2019 NEFT
transaction can be made 24×7. These
transactions after the usual banking hours are
set to be automated initiated using STP. What
does ‘S’ stand for in STP?
A. Settlement
B. Straight
C. Security
D. System
1141. Who is the current Chief Economic
Adviser in the Ministry of Finance?
A. Anurag Singh Thakur
B. Vipul Bansal
C. Krishnamurthy V. Subramanian
D. Anil Yadav
1142. The first Economic Survey of India was
presented in which financial year?
A. 1950-51
B. 1962-63
C. 1947-48
D. 1955-56
1143. India aspires to become USD 5 trillion
economies by which fiscal year?
A. 2025-26
B. 2024-25
C. 2022-23
D. 2023-24
1144. What was the rank of India in the World
Bank’s Ease of Doing Business Rankings 2019?
A. 112
B. 142
C. 79
D. 65
1145. The Year 2019 marked ___________
years of Nationalization of Banks in India
A. 100
B. 25
C. 75
D. 50
1146. As per the survey report, the growth rate
of the global economy has been estimated at
all-time low at________
A. 2.1%
B. 2.9%
C. 2.5%
D. 2.7%
1147. The Economic Survey report 2019-20
states that the Logistics industry in India is
expected to touch USD 215 billion by which
year?
A. 2020
B. 2022
C 2021
D. 2023
1148. The rank of India in the Logistics
Performance Index 2018 was 44 compared to
54 in 2014. The index was released by which
body?
A. UNDP
B. World Economic Forum
C. World Bank
D. Asian Development Bank
1149. The GVA at basic prices for 2019-20 from
‘Agriculture, Forestry and Fishing’ sector is
estimated to grow by 2.8 %. What does GVA
stand for?
A. General Valued Asset
B. Guaranteed Value Added
C. Global Valued Asset
D. Gross Value Added
1150. The Economic survey 2019-20 reports
that the Service Sector accounts for about
_____ percent of total exports.
A. 68%
B. 38%
C. 42%
D. 55%
1151. Foreign Institutional Investors must
register with which of the following
organizations in India to participate in the
market?
A. NHB
B. RBI
C. SEBI
D. SIDBI
1152. Atal Pension Yojana was introduced for
which of the following sectors by the
government?
A. Normal Sector
B. Informal Sector
C. Formal Sector
D. Unorganized sector
1153. Which of the following type of risk is
defined when a bank may not be able to
undertake profitable business opportunities
when it arises?
A. Funding Risk
B. Interest Risk
C. Time Risk
D. Call Risk
1154. Which among the following is called as
State Development Loans?
A. Promissory notes
B. Dated Securities
C. Treasury Bills
D. Bill of Exchange
1155. Finance Minister N Sitharaman
announced that all scheduled banks would
hold gatherings in a total of how many districts
for loan disbursement process?
A. 350
B. 200
C. 300
D. 400
1156. __________ recently decided to link all
the floating rate retail loans and loans to
MSME to the RBI’s repo rate, with effect from
October 1.
A. BOB
B. SBI
C. Union Bank of India
D. Dena Bank
1157. Pine Labs, recently tied up with which of
the following banks to offer debit card EMIs?
A. RBL Bank
B. Lakshmi Vilas Bank
C. Yes Bank
D. Federal Bank
1158. NRIs with Indian Passport can now apply
for Aadhaar on arrival without ________-day
waiting period.
A. 167
B. 175
C. 182
D. 199
1159. ___________ & Bharti AXA Life, recently
tied up to offer pre-paid plan with term cover
to its customers.
A. Vodafone
B. Reliance Jio
C. Airtel
D. BSNL
1160. More than 10 banks from different
countries have formed a group to fund for a
risky Power plant development project. This
type of banking is called as?
A. Credit Syndication
B. Credit Monitoring Arrangement
C. Consortium finance
D. Group cash delivery
1161. Paisalo Digital Limited recently signed its
co-origination loan agreement with the
______.
A. Bank of Maharashtra
B. Bank of Baroda
C. Central Bank of India
D. Allahabad Bank
1162. What is called for insurance that is
purchased by an insurance company, in which
some part of its own insurance liabilities, is
passed on to another insurance company?
A. Co-insurance
B. Re-insurance
C. Trade credit insurance
D. Liability insurance
1163. Which mobile manufacturer launched an
offline digital lending platform with instant
offers for their smart phones?
A. Samsung
B. Oppo
C. Motorola
D. Lenovo
1164. Which bank recently launched its digital
app in the UK at an event hosted in
coordination with the UK India Business
Council?
A. Union bank
B. Syndicate bank
C. State bank of India
D. Canara bank
1165. SBI life insurance signed an agreement
with which home finance company to offer its
insurance products to home finance
companies’ customers?
A. HDFC Housing Finance
B. Repco Home Finance
C. LIC Housing Finance
D. ICICI Home Finance
1166. Which is the insurance policy best suited
for an individual who owns many restaurants
at different locations to cover all his stores less
than one policy?
A. Liability policy
B. General policy
C. Trade credit policy
D. Blanket policy
1167. What are the net owned fund
requirements for HFC in order to get registered
with NHB?
A. Rs. 2 crore
B. Rs. 5 crore
C. Rs. 10 crore
D. Rs. 25 crore
1168. If RBI raises CRR (Cash Reserve Ratio)
what impact will it have on the economy?
a. Banks will have to increase interest rates on
Loans.
b. This leads to an increase in cash flow in the
economy.
c. Banks will have to give more funds to priority
sector lending.
A. Only b
B. Only a
C. Both a & c
D. Both b & c
1169. What is the maturity age of Whole life
Insurance policy?
A. 50 years
B. 60 years
C. 75 years
D. 100 years
1170. Preauthorization is needed in which type
of insurance?
A. Motor Insurance
B. Travel Insurance
C. Home Insurance
D. Health Insurance
1171. CVV code provides an additional layer of
security when a card is used to make a
purchase online or over the phone. What is the
full form of CVV?
A. Customer Verification Value
B. Card Valuable Value
C. Card Validity Variable
D. Card Verification Value
1172. Which of the following statements is
NOT true in the context of Annuity?
A. An annuity is an investment that we make,
either in a single lump sum or through
installments paid over a certain number of years
B. An annuity provides life insurance cover
C. Typically annuities are bought to generate
income during one’s retired life
D. All of these
1173. Mswipe has tied up with which finance
firm to launch a card for millennial to avail
instant pre-approved credit of up to Rs 1 lakh?
A. DMI Finance
B. Aditya Birla Capital
C. SBI Capital Markets
D. L& T Finance Holdings
1174. Which is the most valued Indian brand
according to the `WPP and Kantar Millward
Brown’s BrandZ 75 Most Valuable Indian
Brands’ ranking?
A. Life Insurance Corporation of India
B. Tata Consultancy Services
C. Maruti Suzuki
D. HDFC
1175. What is an “insurance actuary” in the
insurance sector means?
A. The premiums on all policies which a
company has issued
B. A professional that analyses financial risk
using various theories
C. Insurers that is created and wholly-owned by
one or more non–insurers
D. Method of sharing insurance risk between
several insurers
1176. Hyundai Motor India Ltd (HMIL) has
signed an agreement with which bank for its
vehicle finance needs?
A. Central Bank of India
B. Bank of Baroda
C. United Bank of India
D. Indian Bank
1177. Which among the following is the market
where fixed income securities of various types
and features are issued and traded?
A. Money Market
B. Debt Market
C. Capital Market
D. Futures Market
1178. DICGC (Deposit Insurance and Credit
Guarantee Corporation) is one of the wholly-
owned subsidiaries of the Reserve bank of
India (RBI). What is the maximum deposit
amount insured by the DICGC?
A. Four Lakhs
B. One Lakh
C. Two Lakhs
D. Six Lakhs
1179. Which bank launched a co-branded fuel
card in partnership with Indian Oil Corporation
(IOC)?
A. Axis
B. ICICI
C. HDFC
D. Yes Bank
1180. The RTGS system is primarily meant for
large value transactions. What is the minimum
amount to be remitted through RTGS (Real
Time Gross Settlement)?
A. Rs 1, 00,000
B. Rs 2, 00,000
C. Rs 3, 00,000
D. Rs 4, 00,000
1181. Which bank launched the iBox Service
recently in India?
A. HDFC
B. ICICI
C. PNB
D. SBI
1182. Which bank has recently launched a
‘Cardless Cash Withdrawal’ facility from its
ATMs?
A. Axis Bank
B. ICICI Bank
C. HDFC Bank
D. Oriental Bank
1183. Which of the following has recently
exited Equifax Credit Information Services?
A. ICICI Bank
B. Bank of Baroda
C. Punjab National Bank
D. Axis Bank
1184. With which bank Assam has signed an
$88 mn loan agreement to implement the
Inland Water Transport Project?
A. Asian Development Bank
B. World Bank
C. Bank of China
D. Standard Chartered
1185. Which bank has unveiled myApps
application to boost digital payments?
A. ICICI
B. AXIS
C. DENA Bank
D. HDFC
1186. How much amount was raised by EXIM
Bank through an overseas bond sale to execute
regular activities?
A. 1 billion
B. 2 billion
C. 3 billion
D. 5 billion
1187. P.R. Seshadri who, recently resigned as
the MD of which bank?
A. BharatiyaMahila Bank
B. KarurVysya Bank
C. Sarva Haryana Gramin Bank
D. IDBI Bank
188. Which app has been launched by RBI for
visually challenged persons to identify new
currency notes?
A. VISMONEY
B. MONEY
C. MANI
D. BLIND
1189. S. Sundar, who recently resigned as the
CFO of which of the following bank?
A. City Union Bank
B. Lakshmi Vilas Bank
C. Dena Bank
D. Indian Bank
1190. Which online platform has been
launched to increase the transparency in
auctioning of assets attached by banks?
A. eBkray
B. eAccess
C. eTrans
D. eAuction
1191. Which bank allowed ATM withdrawal
above Rs 10,000 only after OTP verification
during 8 PM to 8 AM from January?
A. HDFC
B. ICICI
C. SBI
D. PNB
1192. Which Bank has launched a digitized
version for opening Savings Bank account
through TAB banking on the spot?
A. Mysore Bank
B. SBI
C. Karnataka Bank
D. KarurVysya Bank
1193. Ashok Leyland has inked pact with which
bank for vehicle financing?
A. SBI
B. YES Bank
C. BoB
D. HDFC
1194. What is current Gross Nonperforming
asset ratio of the banking system?
A. 11.2%
B. 5.9%
C. 9.1%
D. 8.7%
1195. Which bank has signed a loan agreement
with a German development bank to establish
an energy-efficient housing program in India?
A. SBI Bank
B. RBI Bank
C. ICICI Bank
D. BOB Bank
1196. How much non-performing assets has
been under-reported by SBI for 2018-19?
A. Rs12, 986 crore
B. Rs 14,782 crore
C. Rs 11,932 crore
D. Rs 10,325 crore
1197. Anuranjita Kumar, who recently
announced resignation, was the MD of which
of the following banks?
A. World Bank
B. HSBC
C. Barclays
D. Royal Bank of Scotland
1198. IEPFA with which bank has signed MoU
for Investor awareness?
A. ICICI Bank
B. Canara Bank
C. Indian Bank
D. Bank of Baroda
1199. UGRO Capital with which bank has
recently signed loan co-origination
partnership?
A. SBI
B. ICICI Bank
C. Dena Bank
D. Axis Bank
1200. How much minimum balance penalty
was collected by Public sector banks in 2018-
19?
A. Rs 1,996.46 crore
B. Rs 3,996.46 crore
C. Rs 2,996.46 crore
D. Rs 996.46 crore
1201. Banks can no longer charge account
holders for online transactions in the NEFT
system from which month?
A. December 2020
B. January 2020
C. February 2020
D. June 2020
1202. Which bank has partnered with
Government e-Marketplace for payment
related issues?
A. State Bank of India
B. Central Bank of India
C. HDFC
D. ICICI
1203. ICICI Lombard has decided to sell
insurance products with the help of which
bank?
A. SBI
B. BoB
C. Corporation Bank
D. KarurVysya Bank
1204. Which Bank and Srei Equipment Finance
Ltd have partnered together under a co-
lending agreement to provide loans to MSME?
A. United Bank of India
B. Bank of Baroda
C. State Bank of India
D. HDFC bank
1205. The Reserve Bank has imposed a penalty
of Rs 35 lakh on which bank for violating norms
on fraud classification and notification?
A. BOB Bank
B. PMC Bank
C. SBI Bank
D. Tamilnadu Mercantile Bank
1206. UPI has crossed how many transactions
in October 2019?
A. 2 billion
B. 1 billion
C. 6 billion
D. 3 billion
1207. Which bank has crossed the 3 trillion
market capitalization in India recently?
A. ICICI
B. HDFC
C. SBI
D. BOB
1208. The Vijaya Bank Heritage Museum has
been inaugurated at the headquarters of the
erstwhile Vijaya Bank in which city?
A. Bengaluru
B. Chennai
C. Ahmedabad
D. Kolkata
1209. Which bank has won the DigiDhan
Mission Digital Payments Award 2018-19?
A. SBI
B. YES Bank
C. HDFC
D. ICICI
1210. Which bank has recently launched
contactless mobile phone payments facility?
A. HDFC
B. SBI
C. ICICI
D. BOB
1211. The Reserve Bank of India (RBI) will
conduct the “Financial Literacy Week 2020”
from February 10 to February 14, 2020. What is
the theme of the week?
A. Know Your Customer
B. Customer Protection
C. Micro, Small and Medium Enterprises
(MSMEs)
D. Farmers and how they benefit by being a part
of the formal banking system
1212. Which digital payment company of India
has launched an all-in-one QR, point-of-sale
(POS) device for merchants across India?
A. MobiKwik
B. Google Pay
C. Paytm
D. Amazon Pay
1213. Under the comprehensive health
insurance plan, “Reliance Health Infinity”
launched by Reliance General Insurance
Company Limited what is the minimum sum
insured amount?
A. One lakh
B. Two lakh
C. Three lakh
D. Four lakh
1214. The Union Cabinet has approved
amendments to the Banking Regulation Act to
empower the Reserve Bank of India (RBI) to
have better control over _____.
A. Urban Co-operative banks
B. Multi-State Cooperative banks
C. Payments Banks
D. Both A and B
1215. What is the current Repo rate as per the
6th Bi-monthly Monetary Policy announced by
the RBI?
A. 5.25%
B. 5.15%
C. 5.40%
D. 4.90 %
1216. As per the ‘Global Investment Trend
Monitor Report 2019’ released by the UNCTAD,
the FDI in India has increased by ______ as
compared to 2018.
A. 10%
B. 16%
C. 19%
D. 23%
1217. Country’s largest private sector bank,
ICICI bank has launched a Cardless cash
withdrawal facility from its ATMs with a per-
day transaction limit of _______.
A. Rs. 5,000
B. Rs. 10,000
C. Rs. 15,000
D. Rs. 20,000
1218. Which telecom company joins hands
with Bharti AXA to provide Rs. 179 prepaid
plan with life insurance of Rs 2 lakh?
A. Idea
B. Jio
C. Airtel
D. BSNL
1219. The fund transfers through the NEFT
system occurs in how many batches in 24
hours?
A. 12
B. 23
C. 24
D. 48
1220. To provide doorstep banking services,
the South-Central Zone of the Indian Railways
has signed a MoU with which of the following
banks?
A. Bank of India
B. State Bank of India
C. Bank of Baroda
D. Punjab National Bank
1221. Which of the following public sector
banks has signed a pact with Credit Analysis
and Research Limited (CARE) for accessing
credit qualities of small and Medium
Enterprises (SME)?
A. Punjab National Bank
B. Bank of Baroda
C. Union Bank of India
D. Indian Bank
1222. The Bombay Stock Exchange (BSE) has
signed a licensing agreement with which of the
following global exchanges?
A. Intercontinental Exchange (ICE) Futures
Europe
B. NASDAQ
C. Tokyo Stock Exchange
D. Euro next Stock Exchange
1223. The Government of India and the
Government of Maharashtra has signed a
_______ loan agreement with the World Bank.
A. USD 250 million
B. USD 240 million
C. USD 210 million
D. USD 200 million
1224. RBI has bought _____ crore of long-term
securities in fourth special open market
operation and has sold Rs 2950 crore of short
term bonds.
A. Rs 8000
B. Rs 5000
C. Rs 12000
D. Rs 10,000
1225. Who among the following is appointed
as the Managing Director of the State Bank of
India (SBI)?
A. Mahender Kumar Garg
B. Dr. Ashima Goyal
C. ChallaSreenivasuluSetty
D. Dr. Ajit Kumar Saxena
1226. Who among the following has been
appointed as the managing director and chief
executive officer (MD & CEO) of Bank of
Baroda (BoB)?
A. Sanjiv Chadha
B. Lingam VenkatPrabhakar
C. Atanu Kumar Das
D. Mahender Kumar Garg
1227. Who among the following has been
appointed as the managing director and chief
executive officer (MD & CEO) of Canara Bank?
A. Sanjiv Chadha
B. Lingam VenkatPrabhakar
C. Atanu Kumar Das
D. Mahender Kumar Garg
1228. The National Payments Corporation of
India (NPCI) has launched the “Vajra Platform”
to make payments fast & secure. The platform
is based on which technology?
A. Near field technology
B. Distributed Ledger Technology
C. Radio-frequency identification Technology
D. Digital Banking Technology
1229. The Department of Telecommunications
(DoT), Government of India has approved up to
100% FDI limit in which telecom company?
A. Bharti Airtel
B. Idea Cellular
C. Vodafone
D. Jio
1230. The Bharat Bond ETF Maturity period is
_____.
A. 6 months and one year
B. 2 years and 10 years
C. 3 years and 10 years
D. 5 years and 10 years
1231. __________ is the percentage of total
deposits that bank need to park with the RBI
A. MSF
B. CRR
C. SLR
D. Repo Rate
1232. In banking, what does NDTL denotes?
A. Net Demand and Time Liabilities
B. Net Depreciation and Total Liabilities
C. Net Demand and Total Loss
D. Net Deposit and Time Limit
1233. Lender of Last Resort is an important
function of which among these organizations?
A. IRDAI
B. SEBI
C. SIDBI
D. RBI
1234. The Financial Literacy Week (FLW) is
organized annually by which organization?
A. Ministry of Finance
B. NPCI
C. RBI
D. SBI
1235. LAF is a monetary policy tool that allows
banks to borrow money through repurchase
agreements. Expand LAF
A. Lending adjustment facility
B. Loan adjustment facility
C. Liability adjustment facility
D. Liquidity adjustment facility
236. Which of these is not true about the Repo
operations?
A. It injects liquidity into the system
B. It absorbs the liquidity in the system
C. The collateral used for repo operations are
Government of India securities
D. Banks borrow money from Reserve bank of
India to meet short term needs by selling
securities to RBI
1237. Which committee recommended the
introduction of Liquidity adjustment facility in
India?
A. R. Gandhi Committee
B. Rangarajan Committee
C. Narasimham Committee
D. SS Tarapore Committee
1238. Treasury Bills have a maximum maturity
of:
A. 1 year
B. 90 days
C. 120 days
D. 30 days
1239. In ETCD derivative, what does E stands
for?
A. Existing
B. Exchange
C. Entity
D. Effective
1240. Financial institutions and not retail
investors?
A. Futures
B. Forward
C. Options
D. Swaps
1241. Which of the above statements is/are
correct?
A. Payments Bank can accept deposits only up
to 2 lakh per individual customer.
B. Issues debit cards, but not credit cards.
C. It can distribute financial products such as
mutual funds and insurance.
D. B & C
1242. Barnawapara Wildlife Sanctuary is
situated in which state?
A. Chhattisgarh
B. Haryana
C. Karnataka
D. Bihar
1243. Currently, what is the reverse repo rate
of RBI?
A. 5.50%
B. 5.25%
C. 5.40%
D. 4.90%
1244. Global gender gap index released by
which of the following?
A. FAO
B. UNDP
C. UN-women
D. World Economic Forum
1245. Who has chaired the first meeting of the
Cabinet Committee on Investment and
Development?
A. Home Minister
B. Finance Minister
C. Prime Minister
D. Cabinet Secretary
1246. Which of the following statements is not
correct regarding the “National Anti-
Profiteering Authority”?
A. NAA is the institutional mechanism under
GST law to check the unfair profit-making
activities by the trading community
B. NAA is a statutory body
C. The orders of the NAA can be appealed
against only in the high court
D. It falls under the aegis of MoC&I
1247. Zagreb is the capital of which country?
A. Helsinki
B. Croatia
C. Costa Rica
D. Estonia
1248. What is the tagline of Bank of Baroda?
A. Your own bank
B. One family, one bank
C. Good people to grow with
D. India’s International Bank
1249. Where is the Headquarters of Central
Bank of India?
A. Mumbai
B. Kolkata
C. Chennai
D. New Delhi
1250. When was the Asia-Pacific Group
formed?
A. 1991
B. 1995
C. 1997
D. 1989
1251. Which of the following insurance
companies has launched the “Farmitra” mobile
app?
A. United India Insurance Company
B. Life Insurance of India
C. Bajaj Allianz General Insurance
D. Oriental Insurance Company Limited
1252. Residential Asset Price Monitoring
Survey is done by _____.
A. World Bank
B. Reserve Bank of India
C. International Monetary Fund
D. State Bank of India
1253. The DadasahebPhalke Award was
established in which year?
A. 1970
B. 1969
C. 1972
D. 1971
1254. SBI has introduced OTP-based ATM
Transactions for withdrawal of amounts above
______________.
A. Rs 20, 000
B. Rs 17, 000
C. Rs 16, 000
D. Rs 10, 000
1255. The Receivables Exchange of India
Limited was established as a joint venture
between which of the following?
A. BSE and NSE
B. SIDBI and BSE
C. SIDBI and NSE
D. SIDBI and RBI
1256. What is the name of the initiative of
Reserve Bank of India board that has finalized
the Three Year Roadmap to improve
supervision and regulation, among other
functions of the central bank?
A. Utkarsh 2020
B. Utkarsh 2022
C. Utkarsh 2024
D. Utkarsh 2028
1257. Who has the authority to appoint the
Comptroller and Auditor General of India?
A. President of India
B. Supreme Court
C. High Court
D. Prime Minister
1258. Recently, OMO is in the news. What is
the full form of OMO?
A. Open Market Operations
B. Opening Market Occupations
C. Oriented Market Operations
D. Open Mercantile Operations
1259. What is needed for creating demand?
A. Production
B. Price
C. Income
D. Import
1260. ‘PIN’ in Smart Card is called _________:
A. Permanent Index Number
B. Personal Identification Number
C. Personal Index Number
D. Permanent Identification Number
1261. As per World Economic Forum (WEF)
report, India is set to uplift households out of
poverty and reduce the share of households
below the poverty line from current 15 percent
to 5 percent by which year?
A. 2025
B. 2035
C. 2050
D. 2030
1262. As per the government data, the target
of food grains production for 2019-20 crop year
has been set at__________
A. 147.9 MT
B. 183.2 MT
C. 291.1 MT
D. 321.6 MT
1263. The Rs 200 note has a motif
of__________
A. Sanchi Stupa
B. Golden Temple
C. Red Fort
D. Rani kiVav
1264. Which of these is not a Rabi crop?
A. Gram
B. Mustard
C. Wheat
D. Rice
1265. Who is the head of the panel formed to
review the Economic Capital Framework (ECF)
for the RBI?
A. DuvvuriSubbarao
B. BimalJalan
C. Y. Venugopal Reddy
D. Arvind Subramanian
1266. Name the first central bank in the Asia-
Pacific region to begin explicit interest rate
easing cycle by cutting the policy rate?
A. Bank of Mexico
B. Federal Reserve
C. RBI
D. Central Bank of the Russia
1267. The RBI has planned to conduct total Rs
____________ purchase of government
securities under Open Market Operations
during May 2019.
A. 150 billion
B. 200 billion
C. 125 billion
D. 250 billion
1268. The Central government has planned to
raise the import duty on wheat from 30% to
______
A. 40%
B. 35%
C. 45%
D. 50%
1269. The Internet and Mobile Association of
India (IAMAI) has it’s headquarter
at___________
A. Pune
B. New Delhi
C. Mumbai
D. Noida
1270. Who regulates Real Estate Investment
Trusts (REITs)?
A. RBI
B. SEBI
C. EXIM
D. NHB
1271. Coins were defined under which section
of the Coinage Act 2011?
A. Section 15
B. Section 3
C. Section 12
D. Section 6
1272. The Foreign Exchange Management Act
was enacted in which year?
A. 1999
B. 2000
C. 2001
D. 2002
1273. The Indian Currency Committee was a
government committee appointed by the
British-run Government of India on 29 April
1898 to examine the currency situation in
India. It is also known as ________.
A. Kotlar Committee
B. Fowler Committee
C. Narsimhan Committee
D. Adward Committee
1274. Who has been appointed as the Policy
Advisor in the External Affairs Ministry in the
rank of Additional Secretary?
A. Rajeev Kumar
B. Ashok Malik
C. Ajay Tyagi
D. Ajit Malik
1275. Which of the following
statement/statements is/are correct?
A. The Chairman of the Central Board of Direct
Taxes inaugurated the Web Portal for Exchange
of Information on Income Tax Website in New
Delhi.
B. The portal would be useful for domestic
financial institutions.
C. The portal would help the foreign tax
authorities and financial institutions to get
information.
D. All A, B and C
1276. The holidays for the banks are declared
according to which Act?
A. Reserve Bank Act
B. Companies Act
C. Banking Regulation Act
D. Negotiable Instrument Act
1277. The objective of the FAME India scheme
is to increase the use of electric and hybrid
vehicles by offering incentives. What is the full
form of FAME?
A. Fluctuated Administration and Manufacturing
of (Hybrid) and Electric Vehicles
B. Faster Application and Marketing of (Hybrid)
and Electric Vehicles
C. Fluctuated Adoption and Marketing of
(Hybrid) and Electric Vehicles
D. Faster Adoption and Manufacturing of
(Hybrid) and Electric Vehicles
1278. When overall prices increase (inflation)
due to increases in the cost of wages and raw
materials, then it is called:
A. Cost-Push Inflation
B. Demand-pull inflation
C. Imported Inflation
D. Core Inflation
1279. What is the currency of Germany?
A. Dinar
B. Euro
C. Kwanza
D. Pound
1280. The Lorenz curve is a graphical
representation of:
A. Distribution of Demand
B. Distribution of income or wealth
C. Distribution of Supply
D. Distribution of Import and Export
1281. What is India’s GDP growth rate for the
current fiscal, as estimated by the International
Monetary Fund (IMF)?
A. 5.2 %
B. 5.0 %
C. 4.8 %
D. 4.6 %
1282. Who has been recently appointed as the
new Managing Director of the State Bank of
India?
A. ChallaSreenivasuluSetty
B. Rajnish Kumar
C. Atanu Kumar
D. Ajay Tyagi
1283. What is the rank of India in the ‘Social
Mobility Index’, recently released by the World
Economic Forum?
A. 52th
B. 61th
C. 76th
D. 86th
1284. The UN World Tourism Organization has
recently released its ‘UNWTO World Tourism
Barometer report’. Where is the head-quarters
of UNWTO located?
A. Madrid
B. Vietnam
C. New York
D. Geneva
1285. Who has been appointed as the
Managing Director and Chief Executive of Bank
of Baroda?
A. Rishi Sethi
B. ChallaSreenivasuluSetty
C. Rajnish Kumar
D. SanjivChaddha
1286. Which Private sector bank has launched
‘card-less cash withdrawal’ facility from its
ATMs?
A. Punjab National Bank
B. HDFC Bank
C. Axis Bank
D. ICICI Bank
1287. Hryvnia is the currency of which country?
A. Fiji
B. Philippines
C. Thailand
D. Ukraine
1288. Vientiane is the capital of which country?
A. Laos
B. Myanmar
C. Cambodia
D. Malaysia
1289. Who among the following has written
Braille Edition of ‘Exam Warriors’?
A. Ramesh Pokhriyal ‘Nishank’
B. Narendra Modi
C. Venkaiah Naidu
D. SmritiIrani
1290. What is the meaning of POLNET?
A. Political network services
B. Police network services
C. Police network securities
D. Political network securities
1291. Which of the following curve shows that
inflation and unemployment have a stable and
inverse relationship?
A. Phillips Curve
B. Kuznets Curve
C. Laffer Curve
D. Lorenz Curve
1292. The “Country Partnership Framework” is
mentioned in the news recently in which of the
following context?
A. UN Security Council
B. European Union
C. World Bank
D. United States of America
1293. Which of the following term originally
refers to increases in the amount of money in
circulation?
A. Progressive inflation
B. Inflation
C. Deflation
D. Inflation and deflation both
1294. A Defense Research Development
Organization Igniter Complex was inaugurated
at HEMRL. What is the full form of HEMRL?
A. Highest Energy Metal Research Laboratory
B. High Energy Materials Research Laboratory
C. Highest Energy Materials Recycling
Laboratory
D. High Energy Metal Recycling Laboratory
1295. In India, Mutual Funds are regulated
by_____.
A. State Bank of India
B. Small Industrial Development Bank of India
C. Reserve Bank of India
D. Securities and Exchange Board of India
1296. Thomas Cup is related to which sport?
A. Badminton
B. Tennis
C. Cricket
D. Hockey
1297. A cheque which is payable to any person
who presents it for payment at the bank
counter is called______.
A. Crossed cheque
B. Bearer Cheque
C. Open Cheque
D. Post-dated cheque
1298. The book “Changing India” is written by
which of the following?
A. Dr. Rajendra Prasad
B. Dr. B. R. Ambedkar
C. Hilton Young
D. Manmohan Singh
1299. What is ‘Blue-Chip’ in the USA company
system?
A. Saving
B. Stock
C. Debenture
D. Mutual Fund
1300. What is the official language of the
International Monetary Fund (IMF)?
A. Hindi
B. Spanish
C. Chinese
D. English
1301. The policy made by the central bank to
control the money supply in the economy is
called
A. Fiscal policy
B. Monetary policy
C. Financial policy
D. Both A and B
1302. The main objective of monetary policy is
A. Growth with stability
B. Overall Monetary stability
C. Reduce poverty and achieve stability
D. All the above
1303. Open Market Operations refers to the
purchase and sale of the ______ by RBI from/
to the market.
A. Debentures and shares
B. Bonds
C. Local securities
D. Government securities
1304. What do we say the rate at which the RBI
lends money to commercial banks?
A. Reverse Repo Rate
B. Cash Reserve Ratio
C. Repo Rate
D. Statutory Liquidity Ratio
1305. Which among the following is the rate at
which RBI borrows money from Commercial
banks?
A. Reverse Repo Rate
B. Cash Reserve Ratio
C. Repo Rate
D. Statutory Liquidity Ratio
1306. Which is the rate at which the banks
borrow overnight funds from RBI?
A. Reverse Repo Rate
B. Cash Reserve Ratio
C. Repo Rate
D. Marginal Standing Facility
1307. Which section of RBI Act 1934 provides
an empowered six member MPC to fix the
interest rate?
A. Section 45
B. Section 45ZB
C. Section 44ZB
D. Section 44
1308. Six member MPC is headed by whom?
A. RBI governor
B. Finance Ministry
C. Central Government
D. RBI deputy governor
1309. Members of MPC hold a period of how
many years?
A. Five
B. Three
C. Four
D. Two
1310. Repo rate ______ liquidity into the
system
A. Deduct
B. Expel
C. Extract
D. Injects
1311. Reverse Repo rate ______ liquidity from
the system
A. Absorbs
B. Injects
C. Introduce
D. Inject
1312. What happens when repo rate
decreases?
A. Increase money supply
B. Decrease money supply
C. GDP growth rate is lowered
D. Both A and C
1313. Cash Reserve Ratio increases the cash for
______
A. Borrowing
B. Mortgaging
C. Lending
D. Investing
1314. Which rate refers to the official interest
rate at which RBI will provide loans to the
banking system?
A. Bank rate
B. Repo rate
C. Reverse Repo rate
D. SLR
1315. What happens when CRR is reduced?
A. Banks required keeping fewer funds with RBI
B. Resource available to banks for lending will
go up
C. Resource available to banks for lending will
come down
D. Both A and B
1316. When RBI purchases Government
Securities Liquidity _____
A. Decreases
B. Increases
C. Reverses
D. No change
1317. When RBI sells Government Securities
Liquidity ______
A. Decreases
B. Increases
C. Reverses
D. No change
1318. What is/are the main tools of monetary
policy?
A. Discount rate and Open market operations
B. Reserve requirements
C. Interest on reserves
D. All the above
1319. What is the term of call money?
A. 1day
B. 7 days
C. 10 days
D. 14 days
1320. What is the term for Notice money?
A. 1-15 days
B. 2-14 days
C. 2-7days
D. 7-15 days
1321. What is the term for Term Money?
A. More than 15 days
B. More than 7 days
C. More than 20 days
D. More than 14 days
1322. What is the current Repo rate?
A. 5.50
B. 5.40
C. 5.25
D. 5.15
1323. What is the current Reverse Repo Rate?
A. 4.50
B. 4.90
C. 4.25
D. 5.35
1324. What is the current Bank Rate and MSF?
A. 5.50
B. 5.40
C. 5.25
D. 5.35
1325. Which of the following is the largest
cricket stadium in the world?
A. Melbourne Cricket Ground
B. Motera Stadium
C. Atal Bihari Vajpayee Ekana Cricket Stadium
D. Eden Gardens
1326. Government scheme HridayYojana is
related to _____.
A. Farmers
B. Girl Child
C. Malnutrition
D. World heritage sites
1327. Article 112 of the constitution of India is
related to___.
A. Union Budget
B. Financial Bill
C. Money Bill
D. State Budget
1328. Who is the union minister of Food
Processing Industries?
A. Narendra Singh Tomar
B. ManekaGand
C. D. V. Sadananda Gowda
D. Harsimrat Kaur Badal
1329. Arma Konda or Sitamma Konda or
Jindhagada, is a mountain peak of which state?
A. Maharashtra
B. Rajasthan
C. Punjab
D. Andhra Pradesh
1330. Shares issued by a company to its
directors or employees at a discount or for
consideration, other than cash are called ____.
A. Sweat equity shares
B. Bonus Shares
C. ESOP
D. Preference Shares
1331. The Reserve Bank of India (RBI) will
conduct the “Financial Literacy Week 2020”
from February 10 to February 14, 2020. What is
the theme of the week?
A. Know Your Customer
B. Customer Protection
C. Micro, Small and Medium Enterprises
(MSMEs)
D. Farmers and how they benefit by being a part
of the formal banking system
1332. Which digital payment company of India
has launched an all-in-one QR, point-of-sale
(POS) device for merchants across India?
A. MobiKwik
B. Google Pay
C. Paytm
D. Amazon Pay
1333. Under the comprehensive health
insurance plan, “Reliance Health Infinity”
launched by Reliance General Insurance
Company Limited what is the minimum sum
insured amount?
A. One lakh
B. Two lakh
C. Three lakh
D. Four lakh
1334. The Union Cabinet has approved
amendments to the Banking Regulation Act to
empower the Reserve Bank of India (RBI) to
have better control over _____.
A. Urban Co-operative banks
B. Multi-State Cooperative banks
C. Payments Banks
D. Both A and B
1335. What is current Repo rate as per the 6th
Bi-monthly Monetary Policy announced by the
RBI?
A. 5.25%
B. 5.15%
C. 5.40%
D. 4.90 %
1336. Which of the following public sector
banks has signed a pact with Credit Analysis
and Research Limited (CARE) for accessing
credit qualities of Small and Medium
Enterprises (SME)?
A. Punjab National Bank
B. Bank of Baroda
C. Union Bank of India
D. Indian Bank
1337. The Bombay Stock Exchange (BSE) has
signed a licensing agreement with which of the
following global exchanges?
A. Intercontinental Exchange (ICE) Futures
Europe
B. NASDAQ
C. Tokyo Stock Exchange
D. Euronext Stock Exchange
1338. The Government of India and the
Government of Maharashtra has signed a
_______ loan agreement with the World Bank.
A. USD 250 million
B. USD 240 million
C. USD 210 million
D. USD 200 million
1339. RBI has bought _____ crore of long-term
securities in fourth special open market
operation and has sold Rs 2950 crore of short
term bonds.
A. Rs 8000
B. Rs 5000
C. Rs 12000
D. Rs 10,000
1340. Who among the following is appointed
as the Managing Director of the State Bank of
India (SBI)?
A. Mahender Kumar Garg
B. Dr. Ashima Goyal
C. Challa Sreenivasulu Setty
D. Dr. Ajit Kumar Saxena
1341. Who among the following has been
appointed as the managing director and chief
executive officer (MD & CEO) of Bank of
Baroda (BoB)?
A. Sanjiv Chadha
B. Lingam VenkatPrabhakar
C. Atanu Kumar Das
D. Mahender Kumar Garg
1342. Who among the following has been
appointed as the managing director and chief
executive officer (MD & CEO) of Canara Bank?
A. Sanjiv Chadha
B. Lingam VenkatPrabhakar
C. Atanu Kumar Das
D. Mahender Kumar Garg
1343. Who among the following has been
appointed as the managing director and chief
executive officer (MD & CEO) of Bank of India?
A. Sanjiv Chadha
B. Lingam VenkatPrabhakar
C. Atanu Kumar Das
D. Mahender Kumar Garg
1344. Country’s largest private sector bank,
ICICI bank has launched a Cardless cash
withdrawal facility from its ATMs with a per-
day transaction limit of _______.
A. Rs. 5,000
B. Rs. 10,000
C. Rs. 15,000
D. Rs. 20,000
1345. The nominal GDP growth for the year
2020-21 estimated at _____%.
A. 8
B. 9
C. 10
D. 12
1346. As per the budget speech 2020-21, what
is the revised estimate of Fiscal Deficit for the
financial year 2019-20 which is earlier 3.3% of
the GDP?
A. 3.5
B. 3.8
C. 3.3
D. 3.1
1347. As per the budget 2020-21 government
has set a goal for doubling the farmers’ income
by which year?
A. 2021
B. 2022
C. 2023
D. 2024
1348. _____ amount has been allocated by the
union government for agriculture and allied
activities, irrigation and rural development in
2020-21 budgets
A. 2.25 Lakh crore
B. 2.45 Lakh crore
C. 2.83 Lakh crore
D. 2.90 Lakh crore
1349. The proposed village storage schemes in
the union budget 2020-21 will be run by which
of the following in villages across the country?
A. RRBs
B. Women SHG
C. Urban Cooperative Banks
D. NBFCs
1350. As per the budget 2020-21 by which year
the Milk Processing Capacity will be doubled
from 53.5 million metric tons (MT) to 108 MT?
A. 2021
B. 2022
C. 2023
D. 2025
1351. Which Bank has opened its Melbourne
office and became the first Indian bank to have
a branch in the Australian state of Victoria?
A. Bank of India
B. Bank of Baroda
C. Union Bank of India
D. State Bank of India
1352. ____ Bankwhich was launched three new
digital products are called UCash, Digilocker,
and an app in Kolkata.
A. Bank of India
B. UCO Bank
C. Union Bank of India
D. State Bank of India
1353. _______ has given the go-ahead to the
Kerala government to amalgamate 13 district
cooperative banks (DCBs) with the Kerala State
Cooperative Bank to form the proposed
“Kerala Bank?
A. NABARD
B. RBI
C. Government of India
D. None of these
1354. Which company has been selected as the
main supplier to deliver Volvo Cars’ digital
transformation services for its enterprise
digital commercial operations applications and
products?
A. TCS
B. Tech Mahindra
C. Infosys
D. Wipro
1355. IFRS stands for________.
A. International Financial Reporting Standards
B. Indian Financial Reporting Standards
C. International Financial Rating Standards
D. None of these
1356. Short-term assets, representing amounts
due to a vendor or suppliers of goods or
services that were sold on credit terms is
known as _______.
A. Deposit Asset
B. Current liabilities
C. Account Receivable
D. None of these
1357. A chit fund is a type of rotating savings
and credit association system practiced in
India, is governed / regulated by ________.
A. RBI
B. Central government
C. State government
D. None of these
1358. Which among the following committee
constituted on Payment Banks license?
A. A C Shan
B. NachiketMor
C. B D Thakur
D. None of these
B
1359. Headquarters of National Investment
and Infrastructure Fund (NIIF) is located at
________.
A. New Delhi
B. Mumbai
C. Kolkata
D. None of these
1360. With which article of the Indian
Constitution is Money Bill related?
A. Article 110
B. Article 112
C. Article 108
D. None of these
1361. The Union Cabinet has approved
amendments to the Banking Regulation Act to
empower _________ to have better control
over urban co-operative banks and multi-state
cooperative banks recently.
A. NABARD
B. IRDAI
C. RBI
D. SEBI
1362. DICGC increases the insurance coverage
for depositors in all insured banks from Rs 1
lakh to __________lakh with effect from 4th
February 2020, with the approval of
Government of India.
A. 5 lakh
B. 10 lakh
C. 3 lakh
D. 20 lakh
1363. The Reserve Bank of India (RBI) will
conduct the “Financial Literacy Week 2020”
from February 10 to February 14, 2020. What is
the theme for Financial Literacy Week 2020?
A. National Small Industries Corporation
B. Deposit Insurance and Credit Guarantee
Corporation
C. National Housing Bank
D. Micro, Small and Medium Enterprises
1364. Which organization has permitted the
instant messaging platform What’s App to
expand its Unified Payment Interface (UPI)
services to 10 million users?
A. SEBI
B. NPCI
C. RBI
D. DICGC
1365. Fitch Ratings has estimated India’s GDP
growth of __________ in the next Financial
Year 2021.
A. 5.8%
B. 5.1%
C. 5.3%
D. 5.6%
1366. Shaktikanta Das is the __________
governor of the Reserve Bank of India.
A. 24th
B. 26th
C. 23rd
D. 25th
1367. Deposit Insurance and Credit Guarantee
Corporation (DICGC) came into existence on-?
A. 15th July 1978
B. 15th August 1956
C. 26th January 1982
D. 02nd October 1982
1368. A micro enterprise is an enterprise
where investment in plant and machinery does
not exceed-?
A. Rs. 45 lakh
B. Rs. 20 lakh
C. Rs. 50 lakh
D. Rs. 25 lakh
1369. NPCI is an umbrella organization for
operating retail payments and settlement
systems in India. In which year NPCI was
founded?
A. 2000
B. 2006
C. 2008
D. 2005
1370. Where is the head quarter of Fitch
Ratings?
A. Paris
B. New York
C. London
D. Vienna
1371. The Reserve Bank of India’s Monetary
Policy Committee has released its 6th Bi-
monthly Monetary Policy 2019-20. What is the
reverse repo rate as on 12th February 2020?
A. 4.70%
B. 4.90%
C. 4.80%
D. 4.50%
1372. Which organization has decided to
increase the minimum net worth criterion for
pension fund managers?
A. NABARD
B. DICGC
C. IRDAI
D. PFRDA
1373. RBI has increased the real GDP growth
for fiscal year 2020-21 from 5% to ___________
in the 6th Bi-monthly Monetary Policy 2019-20.
A. 6.00%
B. 5.50%
C. 5.25%
D. 5.75%
1374. Where is the headquarter of Pension
Fund Regulatory and Development Authority
(PFRDA)?
A. Pune
B. Kolkata
C. Chennai
D. New Delhi
1375. The Reserve Bank of India (RBI) has been
given the responsibility of conducting
monetary policy as mandated under which act?
A. Financial Stability Act, 2010
B. Monetary Policy Act, 2016
C. Reserve Bank of India Act, 1934
D. Banking Regulation Act, 1949
1376. Which bank has launched “KayPay”, a
Fund Transfer service for Facebook users?
A. Dena Bank
B. Yes Bank
C. Axis Bank
D. Kotak Mahindra Bank
1377. Which of the following banks has
launched a new fixed deposit (FD) scheme
called ‘FD Health’?
A. HDFC
B. ICICI
C. SBI
D. RBI
1378. How many DCBs will be merged to form
Kerala Bank?
A. 12
B. 13
C. 11
D. 14
1379. Who among the following has been
launched as the chief operating officer of Yes
Bank?
A. Anita Pai
B. Jasneet Bachal
C. Rahul Khurana
D. Aditi Bose
1380. Which Bank has recently reduced the
lending rates by ten basis points?
A. PNB
B. SBI
C. OBC
D. PMC
1381. Reserve Bank of India (RBI) has put the
Prompt Corrective Action (PCA) Framework
against which bank?
A. Axis Bank
B. Lakshmi Vilas Bank
C. Karnataka Bank
D. Dhanlaxmi Bank
1382. What is the name of a submarine which
is commissioned by Shri Rajnath Singh to
modernize the Navy and equip it with the best
platforms, weapons?
A. INS Sindhughosh
B. INS Arihant
C. INS Khanderi
D. INS Kalvari
1383. The Reserve Bank of India barred which
of the following bank from doing business for
six months?
A. Mizoram Co-operative Apex Bank
B. Repco Bank
C. TNSC Bank
D. Punjab& Maharashtra Cooperative Bank
1384. Which bank plans to organize 1,000
Grameen Loan Melas over?
A. Axis Bank
B. HDFC Bank
C. ICICI Bank
D. Kotak Mahindra Bank
1385. Which private sector bank is planning to
open 450 branches in the forthcoming financial
year?
A. Yes Bank
B. Axis Bank
C. ICICI Bank
D. Punjab National Bank
1386. Trusted Family Bank is the tagline of
which bank?
A. Corporation Bank
B. Dena Bank
C. IDBI Bank
D. Oriental Bank of Commerce
1387. What is the increased loan limit for small
exporters sanctioned by Reserve Bank of India
(RBI) in order to boost credit to the export
sector?
A. Rs 30 crore
B. Rs 40 crore
C. Rs 15 crore
D. Rs 10 crore
1388. How much compensation will the bank
has to pay if they fail to settle the amount
debited during the failed transaction after the
completion of time period?
A. Rs 250 per day
B. Rs 500 per day
C. Rs 100 per day
D. Rs 1000 per day
1389. What is the timeline of auto reversal of
transaction for a bank, when the amount
debited from one card but did not reach
another card (card to card transfer) as per new
guidelines of Reserve Bank of India(RBI)?
A. 1 day after failed transaction
B. 3 days after failed transaction
C. 5 days after failed transaction
D. 10 days after failed transaction
1390. Which bank appoints Samuel Joseph
Jebaraj as Deputy Managing Director (DMD)?
A. Axis Bank
B.Yes Bank
C. IDBI
D. Punjab National Bank
1391. The term of the Chairman of National
Bank for Agriculture and Rural Development
(NABARD) is _
A. 3 years
B. 5 years
C. 7 years
D. 2 years
1392. The chairman of the Securities and
Exchange Board of India (SEBI) is appointed by
_
A. Government of India
B. RBI
C. President of India
D. None is Correct
1393. What does ‘C’ stand for in the CAMEL
which is term often seen in news?
A. Capital
B. Cost
C. Core
D. Charge
1394. When one bank borrow money from
another bank (for one day only), then it is
called _
A. Call Money
B. Recall Money
C. Aerial Money
D. Easy Money
1395. What is ‘C’ stands for in “BCSBI” which is
an autonomous body formed by the joint
efforts of RBI and banks?
A. Central
B. Cost
C. Codes
D. Criteria
1396. What is the Tagline of Bank of India?
A. A tradition of trust
B. For all your needs
C. Banking for All
D. Relationship beyond Banking
1397. Reserve Bank of India was nationalized in
_
A. 1945
B. 1949
C. 1950
D. 1955
1398. When was the currency system in India
converted into decimal system?
A. From 1st April, 1957
B. From 1st April, 1959
C. From 1st April, 1961
D. From 1st April, 1963
1399. Kisan credit card can be used for
financing _
A. production needs
B. Consumption needs
C. Both A and B
D. None of these
1400. Who decide on the value and volume of
bank notes to be printed and on what basis?
A. Finance Ministry
B. Planning Commission
C. RBI
D. Stock exchange
1401. Recently, which legendary Indian
sportsperson is awarded the prestigious
‘Padma Vibhushan’ award?
A. Sachin Tendulkar
B. Dhanraj Pillai
C. M C Mary Kom
D. ViratKohli
1402. Which of the following Indian Private
Sector bank has recently launched its wealth
management platform called ‘Pioneer
Banking’?
A. ICICI Bank
B. HDFC Bank
C. Axis Bank
D. IndusInd Bank
1403. What is the theme of the 10th National
Voters’ Day celebrated across the country?
A. Electoral Literacy for Stronger Democracy
B. Voting Rights for All
C. Ethical Voting
D. SabsePahle Voting
1404. In which state India’s First Super Fab Lab
has been inaugurated to function in
collaboration with Massachusetts Institute of
Technology, USA?
A. Kerala
B. Andhra Pradesh
C. Karnataka
D. West Bengal
1405. Who has been recently awarded the
Subash Chandra Bose
AapdaPrabandhanPuraskar, 2020?
A. Vijay Kumar
B. Pramod K. Sawant
C. SylendraBabu Kumar
D. Munnan Singh
1406. Where is the world’s largest solar park,
Pavagada Solar Park located?
A. Assam
B. Andhra Pradesh
C. Karnataka
D. Odisha
1407. Which state’s former minister, Jagannath
Rout has passed away recently?
A. Gujarat
B. West Bengal
C. Andhra Pradesh
D. Odisha
1408. Tashkent is the capital of which country?
A. Yemen
B. Kazakhstan
C. Oman
D. Uzbekistan
1409. Who is the author of the book titled
“Balwa” that describes the happenings in India
in the 1990s?
A. Dharmendra Pradhan
B. Pralhad Jos
C. Prakash Javadekar
D. Mukhtar Abbas Naqvi
1410. Which bank has decided to convert into a
Small Finance Bank under Voluntary Transition
of Primary (Urban) Co-operative Banks?
A. Sangli Urban Co-operative Bank Ltd.
B. Karad Urban Co-operative Bank Ltd.
C. Nagpur NagrikSahakari Bank Ltd.
D. New India Co-operative Bank
1411. Who was the first Chief Election
Commissioner of India?
A. Raj Gopalachari
B. Sukumar Sen
C. G. V Mavlankar
D. Sachchidanand Sinha
1412. Where was India’s first e-waste clinic
inaugurated?
A.Bhopal, Madhya Pradesh
B. New Delhi, Del
C. Pune, Maharashtra
D. Mumbai, Maharashtra
1413. In which state, Estuarine Biology
Regional Centre of the Zoological Survey of
India discovered the new snake eel species also
named as ‘OphichthusKailashchandrai’?
A. West Bengal
B. Odisha
C. Assam
D. Uttar Pradesh
1414. What was the theme of the 2nd edition
of International Day of Education that is
observed on 24 January 2020?
A. Theme – “Transforming education”
B. Theme – “Learning for people, planet,
prosperity, and peace”
C. Theme – “Young Teachers: The future of the
Profession”
D. Theme – “Rural Women and Girls education”
1415. Which country has topped in the
Corruption Perception Index 2019 released by
Transparency International?
A. Somalia & New Zealand
B. Denmark & Somalia
C. Denmark & Finland
D. Denmark & New Zealand
1416. What is the increased short-term debt
investment limit for foreign portfolio investors
that were set as 20% earlier by Reserve Bank of
India?
A. 30 %
B. 40 %
C. 50 %
D. 55 %
1417. Recently, which organization has
released the vision document for the National
Data and Analytics Platform that provide tools
for analytics and visualization of data to
stakeholders?
A. National Institution for Transforming India
Aayog
B. National Development Council
C. Finance Commission
D. Securities and Exchange Board of India
1418. What is the name of the Kerala boy, who
has received the “Bharat Award 2019” from
President of India Shri, Ram NathKovind on
Republic Day?
A. Aarti Kiran Shet
B. Kamal Krishna Das
C. KantiPaikra
D. Adithya K
1419. The Telecom Regulatory Authority of
India is a statutory body of India. Where is it
headquartered?
A. Mumbai
B. Bangalore
C. Lucknow
D. New Delhi
1420. The ‘Vault of Vishnu’ book written by
which of the following?
A. Amish Tripathi
B. DevduttPattanaik
C. Sunil Dalal
D. Ashwin Sanghi
1421. In order to boost the credit growth, the
Reserve Bank of India (RBI) has eased Cash
Reserve Ratio (CRR) requirement of
commercial banks for _____.
A. One year
B. Two years
C. Three years
D. Five years
1422. The Reserve Bank of India (RBI) will
conduct the “Financial Literacy Week 2020”
from February 10 to February 14, 2020. What is
the theme of the week?
A. Know Your Customer
B. Customer Protection
C. Micro, Small and Medium Enterprises
(MSMEs)
D. Farmers and how they benefit by being a part
of the formal banking system
1423. Which digital payment company of India
has launched an all-in-one QR, point-of-sale
(POS) device for merchants across India?
A. MobiKwik
B. Google Pay
C. Paytm
D. Amazon Pay
1424. Under the comprehensive health
insurance plan, “Reliance Health Infinity”
launched by Reliance General Insurance
Company Limited what is the minimum sum
insured amount?
A. one lakh
B. two lakh
C. three lakh
D. four lakh
1425. The Union Cabinet has approved
amendments to the Banking Regulation Act to
empower the Reserve Bank of India (RBI) to
have better control over _____.
A. Urban Co-operative banks
B. Multi-State Cooperative banks
C. Payments Banks
D. Both A and B
1426. What is current Repo rate as per the 6th
Bi-monthly Monetary Policy announced by the
RBI?
A. 5.25%
B. 5.15%
C. 5.40%
D. 4.90 %
1427. Which of the following public sector
banks has signed a pact with Credit Analysis
and Research Limited (CARE) for accessing
credit qualities of Small and Medium
Enterprises (SME)?
A. Punjab National Bank
B. Bank of Baroda
C. Union Bank of India
D. Indian Bank
1428. The Bombay Stock Exchange (BSE) has
signed a licensing agreement with which of the
following global exchanges?
A. Intercontinental Exchange (ICE) Futures
Europe
B. NASDAQ
C. Tokyo Stock Exchange
D. Euronext Stock Exchange
1429. RBI has bought _____ crore of long-term
securities in fourth special open market
operation and has sold Rs 2950 crore of short
term bonds.
A. Rs 8000
B. Rs 5000
C. Rs 12000
D. Rs 10,000
1430. Who among the following is appointed
as the Managing Director of the State Bank of
India (SBI)?
A. Mahender Kumar Garg
B. Dr. Ashima Goyal
C. Challa Sreenivasulu Setty
D. Dr. Ajit Kumar Saxena
1431. The Union Cabinet has given its in
principle approval for capital infusion of what
amount in the 3 public sector General
Insurance companies, OICL, NICL and UIICL?
A. 1250 crores
B. 3000 crores
C. 2500 crores
D. 2000 crores
1432. Which of the following are themes of the
Union Budget 2020-21?
A. Aspiration
B. Development
C. Compassion
D. All of above
1433. The nominal GDP growth for the year
2020-21 estimated at _____%.
A. 8
B. 9
C. 10
D. 12
1434. As per the budget speech 2020-21, what
is the revised estimate of Fiscal Deficit for the
financial year 2019-20 which is earlier 3.3% of
the GDP?
A. 3.5
B. 3.8
C. 3.3
D. 3.1
1435. As per the budget 2020-21 government
has set a goal for doubling the farmers’ income
by which year?
A. 2021
B. 2022
C. 2023
D. 2024
1436. What amount has been allocated by the
union government for agriculture and allied
activities, irrigation and rural development in
2020-21 budget?
A. 2.25 Lakh crore
B. 2.45 Lakh crore
C. 2.83 Lakh crore
D. 2.90 Lakh crore
1437. The Finance minister has announced
____ action plan for farmers, towards the goal
of doubling farmers’ income by 2022.
A. 10
B. 16
C. 15
D. 20
1438. How many farmers to be provided for
setting up stand-alone solar pumps under
Pradhan MantriKisanUrja Suraksha
evemUtthanMahabhiyan?
A. 15 lakh
B. 20 lakh
C. 22 lakh
D. 25 lakh
1439. The proposed village storage schemes in
the union budget 2020-21 will be run by which
of the following in villages across the country?
A. RRBs
B. Women SHG
C. Urban Cooperative Banks
D. NBFCs
1440. What is the concessional Corporate Tax
applied by the Indian Government on All
Companies?
A. 10
B. 15
C. 20
D. 25
1441. Expand PPPAC –
A. Public Personal Partnership Agreement
Council
B. Public Personal Partnership Agreement
Committee
C. Public Private Partnership Agreement
Committee
D. Public Private Partnership Appraisal
Committee
1442. The renewal of Cash Credit Limits for
working capital is stipulated by RBI on –
A. yearly basis
B. half-yearly basis
C. quarterly basis
D. bi-annual
1443. Which of the following is the currency of
Maldives?
A. Dinar
B. Dirham
C. Peso
D. Rufiyaa
1444. The headquarters of Unique
Identification Authority of India (UIDAI) is
situated at _________.
A. Mumbai
B. Kolkata
C. New Delhi
D. Chennai
1445. As per Nayak Committee
recommendations, the working capital
requirements is to be met by the bank and the
borrower in the ratio of –
A. 03:01
B. 04:01
C. 05:01
D. 02:01
1446. The concept of the weaker section in the
priority sector was introduced as per the
recommendations of which committee and in
which year?
A. Nayak Committee, 1981
B. Shunglu Committee, 1982
C. Wanchoo Committee, 1980
D. Krishnaswami Committee, 1980
1447. Which of the following is NOT a Poverty
Eradication Programme launched by the
Govt.of India?
A. Swarnjayanti Gram SwarozgarYojana
B. Jawahar Gram SamridhiYojana
C. National Social Assistance Programme
D. AADHAR
1448. CRR is required to be maintaining in the
form of ______.
A. Approved Government Securities
B. Cash with RBI
C. Cash with bank
D. All the above
1449. Which of the following committees did
recommend the concept of working capital
term loan?
A. Nayak Committee
B. S.L. Kapoor Committee
C. Tondon Committee
D. Narsimhan Committee
1450. Account Payee crossing is a direction of
the drawer to –
A. collecting banker
B. drawee banker
C. payee
D. all endorsees
1451. Where is the headquarters of Andhra
Bank?
A. Vadodara
B. Mangalore
C. Hyderabad
D. Pune
1452. Where is the headquarters of Bank of
Maharashtra?
A. Kolkata
B. Bengaluru
C. Hyderabad
D. Pune
1453. Where is the headquarters of Oriental
Bank of Commerce?
A. Chennai
B. Pune
C. New Delhi
D. Gurugram
1454. Where is the headquarters of Vijaya
Bank?
A. Bengaluru
B. Mangalore
C. Chennai
D. Kolkata
1455. What is the market structure called that
is characterized by a single seller, selling a
unique product in the market?
A. Oligopoly
B. Libor
C. Monopoly
D. Normation
1456. What is the term called for a market
structure in which only a few sellers offer
similar or identical products?
A. Offshore
B. Libor
C. Monopoly
D. Oligopoly
1457. What is the market structure called in
which the market is dominated by a single
buyer?
A. Micropony
B. Monopsony
C. Monopoly
D. Microsony
1458. What is the original economic system in
which traditions, customs, and beliefs help
shape the goods and the services the economy
produces, as well as the rules and manner of
their distribution called?
A. Constitutional Economy
B. Traditional Economy
C. Socialist Economy
D. Monetary Economy
1459. What is the metric that measures the
ability of a company to use its near cash or
quick assets to extinguish or retire its current
liabilities are immediately known as?
A. Acid test ratio
B. Current ratio
C. Overtrading
D. Cash conversion cycle
1460. What is the metric that measures
whether or not a firm has enough resources to
meet its short-term obligations known as?
A. Acid test ratio
B. Current ratio
C. Overtrading
D. Financial accounting
1461. Interest on saving bank account is now
calculated by banks on________.
A. Minimum balance during the month
B. Minimum balance from 7th to last day of the
month
C. Daily product basis
D. None of these
1462. IFRS stands for________.
A. International Financial Reporting Standards
B. Indian Financial Reporting Standards
C. International Financial Rating Standards
D. None of these
1463. Short-term assets, representing amounts
due to a vendor or suppliers of goods or
services that were sold on credit terms is
known as _______.
A. Deposit Asset
B. Current liabilities
C. Account Receivable
D. None of these
1464. A chit fund is a type of rotating savings
and credit association system practiced in
India, is governed / regulated by ________.
A. RBI
B. Central government
C. State government
D. None of these
1465. Who appoints the governor of Reserve
Bank of India?
A. Central government
B. Financial Ministry
C. Financial secretary
D. None of these
1466. Which among the following committee
constituted on Payment Banks license?
A. A C Shan
B. NachiketMor
C. B D Thakur
D. None of these
1467. SARFAESI Act 2002 related to _________.
A. Recovery of bad loans
B. Regulation of foreign exchange
C. Acquisition of small banks
D. None of these
1468. Headquarters of National Investment
and Infrastructure Fund (NIIF) is located at
________.
A. New Delhi
B. Mumbai
C. Kolkata
D. None of these
1469. With which article of the Indian
Constitution is Money Bill related?
A. Article 110
B. Article 112
C. Article 108
D. None of these
1470. RBS Bank has been headquartered in-
A. Glasgow, United Kingdom
B. Edinburgh, United Kingdom
C. Skye, United Kingdom
D. None of these
1471. Banking ombudsman means-
A. A person appointed to settle a dispute
between employees and management
B. An independent person or body officially
appointed to settle a dispute
C. A person employed to induce others to break
the law so that they can be convicted
D. None of these
1472. NIRP is banking parlance stands for –
A. Negative interest ratio policy
B. Native interest rate policy
C. Negative interest rate policy
D. None of these
1473. Which tax is levied by the union and
collected by the state?
A. Customs Duties
B. Stamp duties on bills of exchange
C. Corporation Tax
D. None of these
1474. BSE Ltd (Bombay Stock Exchange)
Established on?
A. 1975
B. 1992
C. 1875
D. None of these
1475. Application supported by blocked
amount (ASBA) is an interface for banks to
participate in the process of IPO payments as
proposed by the _______________.
A. World Bank
B. capital markets regulator
C. Loans
D. None of these
1476. The share of deposits that banks must
maintain in safe and liquid assets such as
government securities, is known as?
A. Repo rate
B. Reverse Repo rate
C. SLR
D. None of these
1477. Bank can change rate of interest beyond
spread announced by them on advances
granted to?
A. Film Companies
B. Chit funds
C. NBFCs
D. None of these
1478. Infusion of liquidity, by RBI is done
through _______ from /to banks under a
______________ transaction.
A. Borrowing, Repo
B. Lending, Repo
C. Lending, Reverse repo
D. None of these
1479. EXIM bank was set up on?
A. 1989
B. 1982
C. 1985
D. None of these
1480. Which bank operates on behalf of the SBI
in Nigeria and was established in 1981?
A. RBI
B. INMB
C. ICICI
D. None of these
1481. The headquarters of European Central
Bank which administers the currency Euro are
in –
A. Paris
B. Frankfurt
C. London
D. Geneva
1482. The rate at which the Reserve Bank of
India lends money to commercial banks is
known as –
A. Repo Rate
B. Base Rate
C. Bank Rate
D. Reverse Repo Rate
1483. The new 2000-rupee note has the image
of –
A. INS Vikramaditya
B. Mangalyaan
C. Red Fort
D. Thiruvalluvar
1484. Where in Karnataka is RBI’s Note Press
located?
A. Mysore
B. Mangalore
C. Kalaburagi
D. Dharwad
1485. Which of the following was merged with
SBI before 2017?
A. State Bank of Mysore
B. State Bank of Indore
C. State Bank of Hyderabad
D. State Bank of Patiala
1486. The rate at which RBI borrows money
from banks is known as –
A. Bank rate
B. Repo rate
C. Reverse Repo rate
D. Base rate
1487. What is the minimum limit for an RTGS
transaction?
A. Rs. 10,000
B. Rs. 20,000
C. Rs. 1, 00,000
D. Rs. 2, 00,000
1488. National Institute of Bank Management
is located in
A. Mumbai
B. New Delhi
C. Chandigarh
D. Pune
1489. In which year was the decimal system of
currency introduced in India?
A. 1955
B. 1957
C. 1961
D. 1963
1490. Headquarters of which bank are located
in Manipal, Karnataka?
A. Syndicate Bank
B. Canara Bank
C. Corporation Bank
D.Vijaya bank
1491. The ratio of bank’s capital to its assets is
known as –
A. Statutory Liquidity Ratio
B. Cash Reserve Ratio
C. Capital Adequacy Ratio
D. Debt – Equity Ratio
1492. Upto what denomination can coins be
issued by the RBI?
A. Rs. 10
B. Rs. 100
C. Rs. 500
D. Rs. 1000
1493. The headquarters of Asian Development
Bank are located in-
A. Manila
B. Jakarta
C. Singapore
D. Bangkok
1494. The minimum percentage of demand and
time liabilities which a bank has to maintain in
the form of liquid assets is known as –
A. Statutory Liquidity Ratio
B. Cash Reserve Ratio
C. Capital Adequacy Ratio
D. Debt – Equity Ratio
1395. Which of the following currency notes
has the image of the Parliament of India?
A. Rs. 50
B. Rs. 100
C. Rs. 500
D. Rs. 2000
1496. Prathama Grameen Bank, the first RRB
was sponsored by –
A. Indian Bank
B. Syndicate Bank
C. Canara Bank
D. Bank of India
1497. Who appoints the Chairman of the RRB?
A. Reserve Bank of India
B. State Government
C. Central Government
D. Sponsor Bank
1498. The new 200-rupee note has the image
of –
A. Sanchi Stupa
B. JantarMantar
C. Hampi Chariot
D. Sun Temple
1499. What is the share of Central Govt in the
capital of Regional Rural Bank?
A. 25%
B. 30%
C. 40%
D. 50%
1500. The share of Sponsor bank in the capital
of Regional Rural Bank is
A. 50%
B. 40%
C. 35%
D. 25%
1501. Who became the first Chairman of State
Bank of India in 1935?
A. John Mathai
B. CD Deshmukh
C. OP Bhatt
D. VKRV Rao
1502. The headquarters of National Housing
Bank are located in –
A. New Delhi
B. Mumbai
C. Chennai
D. Ahmedabad
1503. Which of the following established the
first Mutual Fund in India?
A. SBI
B. LIC
C. GIC
D. UTI
1504. Which was the first bank to introduce
internet banking in India?
A. State Bank of India
B. HDFC Bank
C. ICICI Bank
D. Punjab National Bank
1505. MDR with respect to banking stands for –
A. Multiple Discount Rate
B. Merchant Debt Ratio
C. Merchant Discount Rate
D. Market Discount Ratio
1506. Which of the following countries has
pound as its currency?
A. Bahrain
B. Egypt
C. Iraq
D. Jordan
1507. Which bank in India was the first to
launch mutual funds?
A. Canara Bank
B. Punjab National Bank
C. Indian Bank
D. State Bank of India
1508. Whose signatures are found on one
rupee note in India?
A. Governor, Reserve Bank of India
B. Finance Minister, Government of India
C. Finance Secretary, Ministry of Finance
Government of India
D. One-rupee note does not have any signatures
1509. The authorized capital of a Regional
Rural Bank as per RRB Act, 1976 is –
A. 100 crores
B. 500 crores
C. 1000 crores
D. 2000 crores
1510. The new 500-rupee note has the image
of –
A. Mangalyaan
B. Red Fort
C. Taj Mahal
D. Tiger
1511. RBI’s model for rating of Indian Banks is
known as ________.
A. CAMELS
B. CAMLE
C. e-RATING
D. e-CAMEL
1512. When Repo Rate is reduced by RBI, it
leads to –
A. reduces of cost to borrowers on loans from
banks.
B. increases the cost of loans of borrowers from
banks.
C. reduces in the cost of borrowing by banks
from RBI.
D. increases the cost of borrowing by banks
from RBI.
1513. Which of the following is not a
negotiable instrument?
A. Cheque
B. Share Certificate
C. Promissory Note
D. Bill of Exchange
1514. Which of the following is included in Tier
II capital?
A. Paid up capital
B. Statutory reserves
C. Disclosed reserves
D. Revaluation Reserves
1515. Which of the following is not a part of
prudent guidelines issued by the Reserve Bank
of India?
A. Income Recognition
B. Asset Recognition
C. Loan Recovery Rules
D. Provisioning Norms
1516. Which among the following is a feature
of a bank?
A. Accepts deposit from public
B. Gives these deposits for loan/investment
C. Deposited Money can be withdrawn by
cheque (and other means like Debit card, ATM
card, net banking, etc.)
D. All the above
1517. According to the new banc assurance
guidelines, banks can tie up with a maximum
of ____ insurers.
A. 5
B. 3
C. 9
D. 10
1518. The Reserve Bank of India has recently
launched the ‘Ombudsman Scheme’ for which
of the following?
A. NBFCs
B. LABs
C. PACs
D. All of these
1519. Bank conducts Government business at
its branches as an agent of _______
A. RBI
B. Government of India
C. SBI
D. All of the above
1520. When a fixed deposit receipt is kept with
the bank for its safety, it is known as
______________
A. Safe-deposit
B. Safe custody
C. Valid safe deposit
D. Locker
1521. Which among the following
organizations provide the licence to an
organization that wants to enter the insurance
business?
A. Insurance Regulatory and Development
Authority
B. Reserve Bank of India
C. Security and Exchange Board of India
D. Government of India
1522. Nayudamma Memorial Award is given in
which of the following fields?
A. Sports
B. Science and Technology
C. Literature
D. Music
1523. Customer Day is observed every month
on a particular day. If it is a holiday-
A. it will not be observed.
B. it will be observed on the next day.
C. it will be observed on the previous day.
D. it will be observed on the holiday and not be
skipped at all.
1524. As per RBI guidelines, ‘Enquiry’ or ‘May I
help you’ counters are to be provided by banks
at which of the following?
A. By Head office/Zonal office
B. By all branches
C. By branches having staff more than 30.
D. By all branches except very small branches
1525. Which department of RBI handles day-
to-day liquidity management operations?
A. Monetary Policy Department
B. Market Regulation Department
C. Financial Markets Department
D. Management Department
1526. In which year Cooperative Banks came
under RBI regulation?
A. 1962
B. 1966
C. 1968
D. 1970
1527. Who among the following is only a
holder but not a ‘Holder in due course’?
A. Holder of a bearer cheque
B. Holder of a crossed order cheque
C. Holder of a non-negotiable crossed cheque
D. All of the above
1528. The market based approach aimed at
neutralising the part or whole of the monetary
impact of foreign exchange inflows is termed
as-
A. Sterilization
B. Neutralization
C. Globalization
D. Liquidity Adjustment
1529. Which of the following is Not regulated
and supervised by Board for Financial
Supervision, RBI?
A. Commercial Banks
B. Non-Banking Finance Companies
C. Share Market
D. Development Finance Institutions
1530. Which of the following terms is not
associated with Finance?
A. Asset Turnover Ratio
B. Balance Sheet
C. Budget
D. Ashes
1531. Regional Rural Banks are classified under
__________
A. Land Developments Banks
B. Commercial Banks
C. Co-operative Banks
D. Agriculture Sector Banks
1532. The applicant of PAN will have to submit
self-attested copies of three documents for
verification, which doesn’t include _
A. Proof of Identity (POI)
B. Proof of Address (POA)
C. Date of Birth (DOB)
D. Proof of Citizenship (POC)
1533. The Definition of ‘Banking’ is given in
_________
A. Negotiable Instrument Act, 1881
B. Indian Contract Act, 1872
C. The Banking Regulation Act, 1949
D. RBI Act, 1934
1534. Which of the following is a legal tender?
A. Drafts
B. Cheques
C. Currency notes
D. Government drafts
1535. Which among the following is an
administrative capital of South Africa?
A. Cape Town
B. Pretoria
C. Bloemfontein
D. Durban
1536. What is the difference between all
receipts and expenditures of the Govt of India
both capital and revenue are known as?
A. Revenue Deficit
B. Budgetary Deficit
C. Zero Budgeting
D. Trade Gap
1537. Which among the following days is
celebrated as the ‘World Tourism Day’?
A. 11-May
B. 16-September
C. 27-September
D. 18-April
1538. Which type of account is suitable for the
people who have fixed earning every month
and want to save a fixed amount of money
every month for example 1000 rupees in their
account for a fixed period of time?
A. Savings Bank Account
B. Fixed Deposit Account
C. Recurring Deposit Account
D. Current Deposit Account
1539. Under the Microfinance Self Help Group
(SHG) Bank Linkage Programme how many
people are required to form a Self Help Group?
A. Members should be preferably in between 15
to 25.
B. Members should be preferably in between 5
to 10.
C. Members should be preferably in between 20
to 30.
D. Members should be preferably in between
10 to 20.
1540. ____________refers to economic
condition where economic growth is very slow
and prices are rising.
A. Inflation
B. Deflation
C. Stagflation
D. Hyperinflation
1541. Which Payments Bank has announced a
strategic partnership with Hindustan
Petroleum Corporation Limited (HPCL) to give
further boost to digital payments in the
country?
A. Fino Payments Bank
B. Paytm Payments Bank
C. Indian Post Payments Bank
D. Airtel Payments Bank
1542. In the first phase of nationalization of
banks how many banks were nationalized?
A. 14
B. 12
C. 10
D. 18
1543. The Government of India and the
Government of Maharashtra has signed a
_______ loan agreement with the World Bank.
A. USD 250 million
B. USD 240 million
C.USD 210 million
D. USD 200 million
1544. Who among the following has been
appointed as the managing director and chief
executive officer (MD & CEO) of Canara Bank?
A. Sanjiv Chadha
B. Lingam VenkatPrabhakar
C. Atanu Kumar Das
D. Mahender Kumar Garg
B
1545. When did credit cards get invented?
A. 1935
B. 1920
C. 1950
D. None of these
1546. Who among the following has been
appointed as the managing director and chief
executive officer (MD & CEO) of Bank of India?
A. Sanjiv Chadha
B. Lingam VenkatPrabhakar
C. Atanu Kumar Das
D. Mahender Kumar Garg
1547. Country’s largest private sector bank,
ICICI bank has launched a Cardless cash
withdrawal facility from its ATMs with a per-
day transaction limit of _______.
A. Rs. 5,000
B. Rs. 10,000
C. Rs. 15,000
D. Rs. 20,000
1548. The Reserve Bank of India (RBI) has
canceled the Certificate of Authorisation of
which Payment System Operator after it had
voluntarily surrendered the authorization?
A. Muthoot Vehicle & Asset Finance Ltd.
B. Vodafone M-pesa Limited
C. Tech Mahindra Limited
D. PayMate India Pvt. Limited
1549. Which financial company has acquired
the Essel Finance’s micro, small and medium
enterprises (MSME) loan business in India?
A. Tata Capital
B. Adani Capital
C. Bajaj Finserve
D. Mahindra & Mahindra Capital
1550. Which Railway Zone of the Indian
Railways has signed a Memorandum of
Understanding (MoU) with State Bank of India
(SBI) for ‘doorstep banking’?
A. Central Railway
B. Northern Railway
C. North Eastern Railway
D. South Central Railway (SCR) zone
1551. Who among the following has acquired
DHFL General Insurance for around Rs 100
crore?
A. Kapil Wadhawan
B. Sachin Bansal
C. Vijay Shekhar Sharma
D. Ritesh Agarwal
1552. The Reserve Bank of India (RBI) will now
allow consumers to give an e-mandate for
recurring payments made through Unified
Payments Interface (UPI). The limit on such
recurring transactions has been set at _______.
A. Rs. 2000
B. Rs. 4000
C. Rs. 15,000
D. Rs. 10,000
1553. The central govt in consultation with the
Reserve Bank of India (RBI) has announced an
increase in the authorized capital of which
public sector bank from 15,000 crores to
25,000 crores?
A. Indian Bank
B. Union Bank of India
C. Canara Bank
D. Indian Overseas Bank
1554. The Reserve Bank of India has recently
revised the ‘Supervisory Action Framework’ of
which category of banks?
A. Public Sector Banks
B. Private Sector Banks
C. Foreign Banks
D. Urban Cooperative Banks
1555. Government of India has constituted a
seven-member Group of Minister (GoM) to
infuse how much amount to revive state-
owned telecom corporations BSNL and MTNL?
A. Rs 69000 crore
B. Rs.79000 crore
C. Rs.50000 crore
D. Rs.70000 crore
1556. “The Name you can Bank Upon” is the
tagline of ___________
A. Oriental Bank of Commerce
B. Dena Bank
C. Punjab National Bank
D. Indian Bank
1557. Karnataka VikasGrameena Bank (KVGB)
signed a memorandum of understanding with
which private company on solar lightening and
livelihood solutions?
A. Deepa Solar Systems Pvt. Ltd
B. Vikram Solar Pvt. Ltd
C. Loom Solar Pvt. Ltd
D. SELCO Solar Light Pvt. Ltd
1558. Who is the MD and CEO of Indian Bank?
A. RavindraPrabhakarMarathe
B. Kishore PirajiKharat
C. P. S. Jayakumar
D. Rakesh Sharma
1559. Which Bank has launch OTP-based ATM
cash withdrawal from January 1,2020?
A. State Bank of India
B. Punjab National Bank
C. Dena Bank
D. Syndicate Bank
1560. RBI rejects merger of which two banks?
A. Yes Bank and IndiaBulls
B. Laxmi Vilas Bank and India Bulls
C. Yes Bank and Dhanlaxmi Bank
D. Dhanlaxmi Bank and Edelweiss Broking
Limited
1561. A Scheme for Promoting Innovation,
Rural Industry and Entrepreneurship (ASPIRE)
will be implemented through which bank?
A. SBI
B. IDBI
C. SIDBI
D. BOB
1562. Which one of the following methods is
currently used in India to issue note?
A. Maximum Fiduciary System
B. Minimum Reserve System
C. Percentage Reserve System
D. None of these
1563. What is reason for cost push inflation?
A. Increase in wage rate
B. Decrease in cost production
C. Increase in the raw material
D. None of these
1564. The number of the regional offices of RBI
is –
A. 19
B. 18
C. 22
D. None of these
1565. How many board of directors are there in
RBI?
A. 20
B. 22
C. 21
D. None of these
1566. An account in which trading of shares in
theft electronic from is done is known as-
A. Demat account
B. NRI account
C. Current account
D. None of these
1567. MAT provision in income tax stands for –
A. Medium Alternate Tax
B. Minimum Alternate Tax
C. Maximum Alternate Tax
D. None of these
1568. How many non-scheduled banks are
there in India?
A. 19
B. 7
C. 4
D. None of these
1569. Treasury bill means-
A. A bill is drawn on a treasury
B. An instrument is used by the central
government for short –term borrowing
C. A bill was drawn by a member of parliament
D. None of these
1570. NABARD is responsible for regulating and
supervising the function of –
A. Co-operative banks and Regional Rural
Banks
B. Private sector bank
C. Regional Rural Banks
D. None of these
1571. The ‘World Development Report’ is
released by which institute?
A. World Bank
B. Asian Development Bank
C. International Monetary Fund
D. International Labor Organization
1572. Which sector contributes most to India's
economy?
A. Construction sector
B. Agricultural sector
C. Small industry
D. Service sector
1573. Which of the following institute provide
loans for long term development of a country?
A. International monetary fund
B. The International Development
C. Association The International Finance
Corporation
D. The Multilateral Investment Guarantee
Agency
1574. Which organization has approved a new
scheme – ‘Scheme for Trans-Disciplinary
Research for India’s Developing Economy’
(STRIDE)?
A. UGC
B. CBSE
C. INSPIRE
D. TET
1575. What is the full form of "MCLR"?
A. Marginal Commodity of Funds based Lending
Rate
B. Marginal Cost of Lending Rate
C. Multiple Commodity Lending Rate
D. Marginal Cost of Funds based Lending Rate
1576. CIBIL score is used by banks and NBFCs to
ascertain your creditworthiness and the
likelihood of you repaying your loan on time.
How many digit numbers are there in CIBIL
Score?
A. 1-digit number
B. 2-digit number
C. 5-digit number
D. 3-digit number
1577. Who has been appointed as the first
chairman of the panel on the code for
responsible loans in microcredit?
A. HR Khan
B. Sonia Krishnakutty
C. KR Khan
D. P. Satish
1578. Name the company which recently tied
up with Allahabad Bank for the development
of a dedicated e-Auction platform.
A. MOIL Limited
B. NMDC Limited
C. MSTC Limited
D. IRCTC Limited
1579. Which bank has launched the "Bharosa"
savings account?
A. Paytm Payment Bank
B. Airtel Payment Bank
C. Aditya Birla Payment Bank
D. India Post Payments Bank
1580. Who among the following is the
chairman of a working group of the "Social
Stock Exchange" constituted by SEBI?
A. BibekDebroy
B. Ajay Tyagi
C. Ishaat Hussain
D. Suresh Mathur
1581. In April 1980, ____ banks were
nationalized in India?
A. 3
B. 5
C. 6
D. 7
1582. The liberalization of Indian Banking and
Regulation was done based on
recommendation of _______?
A. R Gandhi Committee
B. Narasimham Committee
C. Basel Committee
D. Khusro Committee
1583. Name the micro finance company that
becomes the first to start operation as a
commercial bank?
A. Pay Tm Bank
B. Vodafone m-Pisa Bank
C. Yes Bank
D. Bandhan Bank
1584. In which year was the Bank of
Maharashtra established?
A. 1937
B. 1935
C. 1934
D. 1949
1585. Which of the following regulates Credit
Rating agencies in India?
A. RBI
B. NSE
C. SEBI
D. ICAI
1586. Who has been appointed as the MD and
CEO of Bank of Baroda by the government?
A. Sanjiv Chadha
B. Jaykumar Sharma
C. Shiv Pal Sharma
D. Ajay Shankar
1587. South Indian Bank has it’s headquarter in
which state?
A. Tamil Nadu
B. Kerela
C. Andhra Pradesh
D. Karnataka
1588. The first Indian RRB that achieved Core
Banking Solution (CBS) in 2011 is ________?
A. Pallavan Bank
B. RushikulyaGramya Bank (RGB)
C. Allahabad UP Gramin Bank
D. BangiyaGraminVikash Bank
1589. Headquarters of HUDCO is in ____?
A. Mumbai
B. New Delhi
C. Kolkata
D. Bangalore
1590. The head quarter of ONICRA is
_________.
A. Mumbai
B. Gurugram
C. Hyderabad
D. Noida
1591. The Majority shareholder in CRISIL is
_________?
A. Standard and Poors’
B. Fitch Ratings Inc.
C. Moody’s
D. Dun and Bradstreet
A
1592. FATCA stands for
A. Foreign Account Tax Compliance Act
B. Foreign Account Trade Company Act
C. Financial Account Tax Compliance Act
D. Fiscal Account Tax Compliance Act
1593. Allahabad Bank was established on 24
April ______
A. 1895
B. 1865
C. 1890
D. 1875
1594. What is the currency of Belgium?
A. Zloty
B. Euro
C. Forint
D. Dollar
1595. Expand BCBS?
A. Basel Committee on Balance Supervision
B. Basel Committee on Board Supervision
C. Board Committee on Banking Supervision
D. Basel Committee on Banking Supervision
1596. Which of the following bank
headquarters located in Mumbai?
A. Bank of Baroda
B. Union Bank of India
C. Punjab & Sind Bank
D. Corporation Bank
1597. Small finance bank to lend ____ net bank
credit to priority sector
A. 25%
B. 40%
C. 60%
D. 75%
1598. On August, India has signed amount of
loan pact with _______ for Gujarat road
project
A. Asian Development Bank
B. New Development Bank
C. Asian Infrastructure Investment Bank
D. World Bank
1599. Which of the following payments has
been allowed through the Bharat Bill Payment
System (BBPS) by Reserve Bank of India?
A. Single time Payments
B. Fixed Payments
C. Recurring Payments
D. Multiple Payments
1600. Who launched Bharosa savings account,
recently?
A. Equitas Small Finance Bank
B. Airtel Payments Bank
C. State Bank of India
D. Kotak Mahindra Bank
1601. KarnamSekar has taken over as the new
Managing Director and CEO of Indian Overseas
Bank. He was the former Managing Director of
which bank?
A. State Bank of India
B. Punjab National Bank
C. Corporation Bank
D. Dena Bank
1602. Where is the Headquarter of Indian
Overseas Bank?
A. Bengaluru
B. Mumbai
C. Chennai
D. Kolkata
1603. Which zone of the Indian Railways
recently conducted the ‘Operation Dhanush’
against ticket outs involved in e-ticketing?
A. Northern Railway Zone
B. Southern Railway Zone
C. Central Railway Zone
D. Eastern Railway Zone
1604. Who is the author of the book "The
Unquiet River: A Biography of the
Brahmaputra"?
A. Chetan Bhagat
B. Arundhati Roy
C. ArupjyotiSaikia
D. Amitav Ghosh
1605. What is the name of the resolution
scheme launched to solve the NPA problem
through a market-led approach?
A. Shakti
B. Sashakt
C. Utkarsh
D. Nishtha
1606. Who became the first Indian to win the
prestigious Italian award for Sand Art?
A. Manisha
B. Sarvesh Patel
C. SudarsanPattnaik
D. Neha Umak
1607. Who has been conferred with the
prestigious 'Vyas Samman' 2019?
A. Nasira Sharma
B. MamtaKalia
C. LeeladharJagoori
D. SurendraVerma
1608. Which of the following institutes has
recently created the first Indian brain atlas?
A. IIT Mumbai
B. IISC Bangalore
C. IIIT, Hyderabad
D. IIT Mandi
1609. "Mother Teresa Memorial Awards for
Social Justice" is established by which of the
following?
A. Church of North India
B. All India Christian Council
C. Harmony Foundation
D. Church of South India
1610. What is the name of the regulatory body
that issues the Financial Stability Report?
A. Reserve Bank of India
B. State Bank of India
C. Industrial Development Bank of India
D. Central Bank of India
1611. What is tagline of Bank of Baroda?
A. Your own bank
B. One family, one bank
C. Good people to grow with
D. India's International Bank
1612. Where is the Headquarter of Union Bank
of India?
A. Bengaluru
B. Mumbai
C. Chennai
D. Kolkata
1613. Which institutions are known as Bretton
woods twins?
A. World Bank and IMF
B. World Bank and ADB
C. IMF and ADB
D. NDB and ADB
1614. Who has been appointed as the 24th
Controller General of Accounts?
A. Shuba Roy Burman
B. Soma Roy Burman
C. Roma Roy Burman
D. Seema Roy Burman
1615. AngadVir Singh Bajwa is recently in
news. He is related to which sports?
A. Boxing
B. Shooting
C. Chess
D. Cricket
1616. 'Surya Kiran - XIV' which is in the news
recently. It is a joint military exercise
conducted between India and which country?
A. China
B. Sri Lanka
C. Myanmar
D. Nepal
1617. Tirana is the capital of which country?
A. Helsinki
B. Croatia
C. Costa Rica
D. Albania
1618. Chandrapura Thermal Power Station is
located in which state?
A. Chhattisgarh
B. Haryana
C. Karnataka
D. Jharkhand
1619. Currently, what is the repo rate of RBI?
A. 5.50%
B. 5.15%
C. 5.40%
D. 4.00%
1620. Global gender gap index released by
which of the following?
A. FAO
B. UNDP
C. UN-women
D.World Economic Forum
1621. Which of these is India’s oldest Joint
Stock bank in India?
A. State Bank of India
B. Allahabad Bank
C. Punjab National Bank
D. Syndicate Bank
1622. Cash reserve ratio as a weapon of credit
control denotes which of these functions of the
RBI?
A. Controller of credit
B. Banker’s Bank
C. Lender of Last Resort
D. Banker to the Government
1623. Which of the given instruments is most
likely to be used by a corporate entity who
wishes to raise money from the market?
A. Commercial Papers
B. National Savings Certificates
C. Treasury Bills
D. KisanVikas Patra
1624. The Price at which government
purchases the food grains for maintaining the
public distribution system is known
as___________
A. Ceiling price
B. Procurement price
C. Issue price
D. Cost price
1625. Which of the following is the first Indian
state to introduce the e-GPF?
A. Punjab
B. Andhra Pradesh
C. Maharashtra
D. Arunachal Pradesh
1626. The interest rate on savings banks
account in all nationalized commercial banks is
fixed by _____________
A. Indian Banks’s Association
B. Ministry of Finance
C. RBI
D. Individual Banks itself
1627. What does SCRA stands for?
A. Securities Contracts (Regulation) Act
B. Statutory Contracts (Regulation) Act
C. Special Contracts (Regulation) Act
D. Sovereign Contracts (Regulation) Act
1628. Who presents the Economic Survey in
India annually?
A. Central Statistics Office
B. RBI
C. Ministry of Finance
D. Central Board of Direct Taxes
1629. The foreign currency having the
tendency of quick migration is known
as_____________
A. Soft money
B. Hot money
C. Hard money
D. Fiat money
1630. The Bhore Committee was formed by the
government in the year 1943 to ___________
A. Disinvestment in Public Enterprises
B. Control Liquidity in the market
C. Enhance Foreign Exchange Reserve of the
country
D. Improve public health system in India
1631. Under the comprehensive health
insurance plan “Reliance Health Infinity”
launched by Reliance General Insurance
Company Limited what is minimum sum
insured amount?
A. One lakh
B. Two lakh
C. Three lakh
D. Four lakh
1632. Which digital payment company of India
has launched an all-in-one QR, point-of-sale
(POS) device for merchants across India?
A. MobiKwik
B. Google Pay
C. Paytm
D. Amazon Pay
1633. In order to boost the credit growth, the
Reserve Bank of India (RBI) has eased Cash
Reserve Ratio (CRR) requirement of
commercial banks for _____.
A. One year
B. Two years
C. Three years
D. Five years
1634. The Reserve Bank of India (RBI) will
conduct the “Financial Literacy Week 2020”
from February 10 to February 14, 2020. What is
the theme of the week?
A. Know Your Customer
B. Customer Protection
C. Micro, Small and Medium Enterprises
(MSMEs)
D. Farmers and how they benefit by being a part
of the formal banking system
1635. Universal Sompo General Insurance
Company launched the “Super Health care
policy” with which bank____?
A. Bank of Baroda
B. State bank of India
C. Allahabad Bank
D. Punjab National Bank
1636. The Bharat Bond ETF Maturity period is
_____.
A. 6 months and one year
B. 2 years and 10 years
C. 3 years and 10 years
D. 5 years and 10 years
1637. For an Urban Cooperative Bank to
become a Small Finance Bank, what is the
minimum paid-up capital requirement?
A. 100 crore
B. 150 crore
C. 200 crore
D. 300 crore
1638. To provide doorstep banking services,
the South-Central Zone of the Indian Railways
has signed a MoU with which of the following
banks?
A. Bank of India
B. State Bank of India
C. Bank of Baroda
D. Punjab National Bank
1639. Multimodal supply chain solutions
provider GEFCO has signed a five year deal
with which company to strengthen its Digital
Transformation worldwide?
A. Wipro
B. TCS
C. Infosys
D. HCL
1640. The Reserve Bank of India (RBI) has
increased the limits imposed on peer-to-peer
lenders to _____.
A. 10 lakh
B. 20 Lakh
C. 30 lakh
D. 50 lakh
1641. Nippon which acquires additional 21.54%
stake in Reliance Nippon Life Asset
Management is a company of which country?
A. China
B. Russia
C. USA
D. Japan
1642. What is the full form of CIRP?
A. Central Insolvency Resolution Process
B. Credit Insolvency Resolution Process
C. Company Insolvency Resolution Process
D. Corporate Insolvency Resolution Process
1643. What does P stand for in STP?
A. Powered
B. Processing
C. Premier
D. Partnership
1644. The nationwide campaign, ‘Team
Cashless India’ to accelerate the acceptance
and adoption of digital payments in India has
been initiated by which company?
A. Visa
B. Mastercard
C. Paytm
D. Google Pay
1645. Which of the following services cannot
be availed through AEPS?
A. Balance Enquiry
B. Cash Withdrawal
C. Overdraft
D. Cash Deposit
1646. As per the RBI’s guidelines for 'on-tap'
licensing of small finance banks, what is the
minimum experience required (in years) for
any resident individuals/professionals, singly
or jointly, to set up SFBs?
A. 2 years
B. 5 years
C. 7 years
D. 10 years
1647. Which bank has announced to launch a
cobranded credit card in partnership with
Indian Oil Corporation Ltd (IOCL)?
A. ICICI Bank
B. HDFC Bank
C. Axis Bank
D. Yes Bank
1648. State Bank of India (SBI) has signed a
loan agreement worth of ______ with KFW
(KreditanstaltfürWiederaufbau) German
development bank for establishing an energy-
efficient housing program in India.
A. USD 277 million
B. USD 370 million
C. USD 497 million
D. USD 377 million
1649. Which financial company has launched
India’s first corporate bond exchange-traded
fund (ETF), called the Bharat Bond ETF?
A. Edelweiss Asset Management Company
(AMC)
B. Mahindra & Mahindra Financial Services
Limited
C. Muthoot Finance Ltd
D. HDB Financial Services
1650. Which loan service app has been
launched by Xiaomi in association with Zest
Money, through which customers can get
instant loan ranging from Rs 7,000 – Rs 1,
00,000?
A. Instant Loan
B. MiCredit
C. MiLoan
D. Xi Credit
1651. What is the deadline set by RBI for
entities with net worth above Rs.10000 million
to implement Legal Entity Identifier (LEI) for
participation in non-derivative markets?
A. January 31, 2020
B. March 31, 2020
C. April 30, 2019
D. December 31, 2019
1652. RBI has extended the NBFC Ombudsman
Scheme 2018 to Non-Deposit Taking Non-
Banking Financial Companies which has a total
asset size of Rs ___________ and above
A. Rs 50 crore
B. Rs 100 crore
C. Rs 150 crore
D. Rs 200 crore
1653. As per SEBI, what should be the
minimum net worth requirement for Clearing
Corporations in International Financial Services
Centre (IFSC) during commencement of
operations?
A. Rs 50 crore
B. Rs 100 crore
C. Rs 200 crore
D. Rs 250 crore
1654. What will be the dimension of the new
Rs 20 denomination currency note to be issued
by RBI?
A. 63 mm x 122 mm
B. 63 mm x 132 mm
C. 63 mm x 129 mm
D. 63 mm x 138 mm
1655. What will be the interest rate on the
Employees’ Provident Fund (EPF) for 2018-19?
A. 8.55%
B. 8.65%
C. 8.75%
D. 8.45%
1656. Which among the following banks is
merging with largest microfinance company
Bharat Financial Inclusion?
A. Canara Bank
B. HDFC Bank
C. Kotak Mahindra Bank
D. IndusInd Bank
1657. Which agency has stated that RBI is the
first central bank in Asia-Pacific (APAC) region
to start interest rate easing cycle?
A. Fitch Ratings
B. Moody’s
C. International Monetary Fund
D. World Bank
1658. Which Indian Crypto currency exchange
has launched first ever wholesale crypto
currency trading platform?
A. Zebpay
B. UNOCOIN
C. BuyUcoin
D. Coinsecure
1659. What was the target set for loan under
Pradhan Mantri Mudra Yojana (PMMY) in the
fiscal 2018-19?
A. Rs 2 lakh crore
B. Rs 3 lakh crore
C. Rs 4 lakh crore
D. Rs 5 lakh crore
1660. Which bank has launched India’s first
‘Green Car Loan’ to encourage customers to
buy electric vehicle?
A. ICICI
B. HDFC
C. PNB
D. SBI
1661. SREI Equipment Finance Ltd, a wholly-
owned subsidiary of SREI Infrastructure
Finance, has partnered with which of the
following bank to offer loans to the MSMEs
sector and retail customers under a co-lending
arrangement?
A. Reserve Bank of India
B. State Bank of India
C. Industrial Development Bank of India
D. United Bank of India
1662. Where is the Headquarter of the
Industrial Development Bank of India?
A. Bengaluru
B. Mumbai
C. Chennai
D. Kolkata
1663. Which of the following is an annual
publication of the Central Health Bureau?
A. National health profile
B. Healthcare in India
C. Health system for a new India
D. World health report
1664. Who has been appointed the first-ever
Chief Financial Officer of the Reserve Bank of
India?
A. Ashok Vajpeyi
B. BalanNambiar
C. UttamPacharne
D. SudhaBalakrishnan
1665. The world’s highest “Rail Bridge” was
constructed in the state of Jammu & Kashmir.
This bridge situated on which of the following
rivers?
A. Jhelum
B. Chenab
C. Indus
D. Ravi
1666. Which government has launched a
dedicated web portal and a mobile application,
named as ‘e-Ganna’, for sugarcane farmers of
the state?
A. Uttar Pradesh
B. Madhya Pradesh
C. Arunachal Pradesh
D. Himachal Pradesh
1667. The Non-Bank entities which set up,
owned and operate the ATMs are known as
which of the following?
A. Orange Label ATM
B. Brown Label ATM
C. Yellow Label
D. White Label ATMs
1668. The Asian Development Bank (ADB) and
the Government of India have signed a loan
agreement worth $190 million to upgrade 754
kilometers of roads and highways in which
state?
A. Andhra Pradesh
B. Karnataka
C. Manipur
D. Rajasthan
1669. “DipaKarmakar: The Small Wonder”
book has been written by which of the
following writer?
A. Bishweshwar Nandi
B. Amish Tripathi
C. Chetan Bhagat
D. PreetiShenoy
1670. SBI Card launched ‘SBI Card Pay’. It is
based on which technology?
A. Hide Card Emulation
B. Host Credit Emulation
C. Hide Credit Emulation
D. Host Card Emulation
1671. What is the deadline set by RBI for
market participants having net worth between
Rs.2000 million and Rs 10000 million to
implement Legal Entity Identifier (LEI) for
participation in non-derivative markets?
A. 1 October 2019
B. 31 August 2019
C. 1 July 2019
D. 31 December 2019
1672. Which of these US companies have not
crossed the USD 1 trillion market cap till now?
A. Apple
B. Facebook
C. Amazon
D. Microsoft
1673. The NBFC Ombudsman Scheme was
introduced in which year?
A. 2015
B. 2016
C. 2017
D. 2018
1674. SEBI has reduced the minimum Net
worth Requirements for Clearing Corporations
in International Financial Services Centre (IFSC)
over a period of three years from the
commencement of operations to Rs 100 Crore.
Earlier what was this limit?
A. Rs 300 crore
B. Rs 200 crore
C. Rs 500 crore
D. Rs 400 crore
1675. Who finalizes the interest rate on
Employees’ Provident Fund (EPF)?
A. RBI
B. Employees’ Provident Fund Organization
(EPFO)
C. Ministry of Finance
D. Central Statistical Organization
1676. The National Company Law Tribunal
(NCLT) is a __________ body
A. Regulatory body
B. Quasi-judicial body
C. Statutory body
D. Constitutional body
1677. What was the total amount of loan
disbursed under the Pradhan Mantri Mudra
Yojana (PMMY) in 2018-19?
A. Rs 3 lakh crore
B. Rs 3.27 lakh crore
C. Rs 2 lakh crore
D. Rs 2.73 lakh crore
1678. The RBI has recently divested its entire
stake in which of its wholly-owned subsidiary?
A. NHB
B. Bharatiya Reserve Bank Note Mudran Private
Limited (BRBNMPL)
C. DICGC
D. SIDBI
1679. Which among the given institutions has
reduced the minimum subscription
requirement for Real Estate Investment Trusts
(REITs) and Infrastructure Investment Trusts
(InvITs)?
A. NHB
B. RBI
C. SEBI
D. EXIM
1680. Which of these has recently signed a
Statement of Commitment (SoC) to the FX
Global Code (“Code”)?
A. EXIM
B. RBI
C. SEBI
D. Ministry of Finance
1681. Which of these is a 20-character, alpha-
numeric code?
A. SWIFT Code
B. Indian Financial System Code (IFSC)
C. Unique Transaction Reference (UTR)
D. Legal Entity Identifier (LEI)
1682. How many NBFC Ombudsmen have been
appointed till date?
A. 8
B. 21
C. 4
D. 11
1683. The head quarter of Society for
Worldwide Interbank Financial
Telecommunication (SWIFT) is in which
country?
A. Beligum
B. Germany
C. United States
D. Italy
1684. The Employees’ Provident Funds scheme
came into effect in which year?
A. 1948
B. 1952
C. 1964
D. 1976
1685. In how many languages is the value of
the new Rs 20 denomination currency written
on the note?
A. 17
B. 22
C. 15
D. 21
1686. The head quarter of IndusInd bank is in
which city?
A. Pune
B. Kochi
C. Chennai
D. Mumbai
1687. Which of these is not an Indian
cryptocurrency exchange?
A. Coinbase
B. BuyUcoin
C. WazirX
D. Unocoin
1688. The MUDRA Bank is a wholly owned
subsidiary of___________
A. RBI
B. SIDBI
C. SEBI
D. NABARD
1689. What is the share of the government of
India in NHB?
A. 75%
B. 51%
C. 100%
D. 90%
1690. The RBI recently signed anSoI to FX
Global Code (“Code”). This code is based on
how many principles?
A. 8
B. 5
C. 10
D. 6
1691. The membership of an ideal Self Help
Group (SHG) group could be between
________ persons.
A. 10 to 20
B. 5 to 10
C. 15 to 25
D. 20 to 30
1692. Which of these Financial Market
Infrastructures (FMI) are regulated by RBI?
A. Real Time Gross Settlement System (RTGS)
B. Securities Settlement Systems (SSS)
C. Clearing Corporation of India Ltd (CCIL)
D. All of these
1693. Which committee recommended the
formation of the National Company Law
Tribunal (NCLT)?
A. Ashok Mehta Committee
B. Eradi Committee
C. Gadgil Committee
D. D.K. Mohanty Committee
1694. As per RBI, the minimum area of the
strong room/ vault for setting up of a new
Currency Chests, other than in hilly regions,
should be_____________
A. 5000 sqft
B. 2000 sqft
C. 1500 sqft
D. 1000 sqft
1695. Which of these banks has tied up with
BSE to promote the BSE Startups platform?
A. State Bank of India
B. ICICI Bank
C. Punjab National Bank
D.HDFC Bank
1696. What was the total remittance received
by India in 2018 as per World Bank’s Migration
and Development Report?
A. USD 79 billion
B. USD 61 billion
C. USD 85 billion
D. USD 53 billion
1697. The world’s first Islamic Bank to launch
Banking Service via What’s app is located in
which city?
A. Muscat
B. Amman
C. Doha
D. Dubai
1698. What was the volume of priority sector
lending certificates (PSLCs) in the FY19?
A. Rs 5.5 trillion
B. Rs 2.2 trillion
C. Rs 3.3 trillion
D. Rs 4.4 trillion
1699. LCR requires banks to hold enough high-
quality liquid assets (HQLA) to ensure their
ongoing ability to meet short-term obligations.
What does LCR stands for?
A. Liquidity Coverage Ratio
B. Legal Credit Registry
C. Liberalised Currency Rate
D. Lending Capital Ratio
1700. What is the Sovereign rating of India for
2018-19 as per Fitch?
A. BB+
B. BBB-
C. BB-
D. BBB+
1701. During which years the Third Five-year
Plan was implemented in India?
A. 1963–1968
B. 1964–1969
C. 1962–1967
D. 1961–1966
1702. Which of the folloing
statement/statements is/are correct about
SIDBI?
A. Small industrial Development Bank of India
(SIDBI) is a development financial institution in
India, headquartered at Mumbai.
B. It was established on April 2, 1990, through
an Act of Parliament.
C. It purposes to provide refinance facility and
short term lending to industries, and the
Micro, Small and Medium Enterprises sector.
D. All of the above
1703. How many member countries are there
in the United Nations?
A. 183
B. 193
C. 199
D. 175
1704. When any individual looks for a job
change for better opportunities, services,
salary and wages, or because of dissatisfaction
with the previous job that spent time is called
_____.
A. Structural Unemployment
B. Cyclical Unemployment
C. Frictional Unemployment
D. Seasonal unemployment
1705. Who among the following is not a deputy
governor of Reserve Bank of India?
A. B. P. Kanungo
B. N. S. Vishwanathan
C. Mahesh Kumar Jain
D. Dr. Ravindra H. Dholakia
1706. Nur-Sultan is the capital of which
country?
A. Yemen
B. Kazakhstan
C. Oman
D. Kyrgyzstan
1707. Shekel is the currency of which country?
A. Jordan
B. Libya
C. Eretria
D. Israel
1708. Shares issued by a company to its
directors or employees at a discount or for
consideration, other than cash are called ____.
A. Sweat equity shares
B. Bonus Shares
C. ESOP
D. Preference Shares
1709. Navegaon National Park is located in
which state?
A. Karnataka
B. West Bengal
C. Andhra Pradesh
D. Maharashtra
1710. Where is the National Sugar Institute
established?
A. Kanpur
B. New Del
C. Lucknow
D. Gorakhpur
1711. The Open Market Operations (OMO) is a
part of ________
A. Monetary Policy
B. Fiscal Policy
C. Income Policy
D. All the above
1712. What percent of net bank credit is
required to be paid by Scheduled Commercial
banks in India to priority sector in advance?
A. 30%
B. 20%
C. 10%
D. 40%
1713. What is the full form of ASBA?
A. Actual Savings and Balance Accumulated
B. Applications Supported by Blocked Amount
C. Accreditation of Stock and Bonds Account
D. Account Seized and Blocked Assets
1714. The Fiscal Policy in India is formulated
____________
A. Ministry of finance
B. Reserve Bank of India
C. Finance Commission
D. NITI Aayog
1715. A type of banking which involves placing
funds only in short-term, risk free assets such
as government securities is called?
A. Islamic Banking
B. Universal Banking
C. Narrow Banking
D. Core Banking
1716. Which of these committees
recommended the merger of Regional Rural
Banks with their Sponsor banks?
A. Malegam Committee
B. Narshimham Committee
C. Khan Committee
D. Khusro Committee
1717. The bad debt recovered by a bank
becomes ________ for the organization
A. Expense
B. Income
C. Asset
D. Debt
1718. The Rural Infrastructure Development
Fund (RIDF) is maintained by ____________
A. SEBI
B. RBI
C. NABARD
D. Ministry of Finance
1719. LLP is acronym for ___________
A. Limited Loan Participation
B. Limited Liquidity Proportion
C. Limited Leverage Percent
D. Limited Liability Partnership
1720. The Statutory Liquidity Ratio (SLR) is
maintained by banks on __________
A. Net Demand and Time Liabilities
B. Demand and Time Liabilities
C. Net Demand and Time Deposits
D. Demand and Time Deposits
1721. The overall rise in the cost of goods that
results from a rise in the amount people earn
over time is known as ___________
A. Wage Push Inflation
B. Pricing Power Inflation
C. Cost Push Inflation
D. Sectoral Inflation
1722. What does ALM stands for in banking &
Finance?
A. Asset Liquidity Maturity
B. Asset Liability Management
C. Asset Leverage Method
D. Asset Liquidity Management
1723. What is the minimum capital
requirement for corporate to set up a bank as
per RBI?
A. Rs 200 crore
B. Rs 400 crore
C. Rs 300 crore
D. Rs 500 crore
1724. Which of these institutions maintains the
Micro Finance Development and Equity Fund
(MFDEF)?
A. RBI
B. SIDBI
C. NABARD
D. Ministry of Finance
1725. Which of these determines the rate of
interest on term deposits in banks?
A. Ministry of Finance
B. Reserve Bank of India
C. Indian Banks Association
D. Banks itself
1726. What is the minimum tenure for which
NRE term deposit account can be opened?
A. 48 months
B. 12 months
C. 24 months
D. 36 months
1727. Which of these cannot be endorsed?
A. Fixed deposit receipt
B. Bank draft
C. Promissory note
D. Cheque
1728. Which of these is the first Public Sector
Bank to obtain licence from RBI for internet
banking?
A. Oriental Bank of Commerce
B. Corporation Bank
C. Punjab National Bank
D. State Bank of India
1729. Which of the following deposits is not
accepted by commercial banks?
A. Fixed deposit
B. Demand deposit
C. Recurring deposit
D. Public Account deposit
1730. The National Stock Exchange (NSE) has
been barred from accessing securities market
for a period of___________
A. 12 months
B. 6 months
C. 3 months
D. 4 months
1731. Recently the Central banks of which
countries have completed the first
international cross-currency payment with
digital currencies
A. Singapore & Canada
B. Australia and Germany
C. United States & France
D. Singapore & United States
1732. What should be the minimum paid up
capital requirement for new Private Bank in
India?
A. Rs 200 crore
B. Rs 500 crore
C. Rs 300 crore
D. Rs 100 crore
1733. The sovereign loan operations in India
started in which year?
A. 2001
B. 2014
C. 1986
D. 1999
1734. The Investor Protection and Education
Fund is maintained by?
A. RBI
B. NABARD
C. Ministry of Finance
D. SEBI
1735. According to the Banking Regulation Act,
what is the maximum ceiling upto which RBI
can fix SLR rate?
A. 50%
B. 40%
C. 75%
D. 60%
1736. Which of these methods is not used to
measure the National Income?
A. Production method
B. Income method
C. Expenditure method
D. Product method
1737. Which of these was set up to promote
new technological inputs in rural sector?
A. NPCI
B. HUDCO
C. CAPART
D. SIDBI
1738. Which of these is not an example of
value added services offered by banks?
A. Accident insurance cover
B. Tax relief services
C. 24-hour live video customer service
D. Free cheque book facility
1739. ___________ is large loan extended by a
group of small banks to a single borrower
especially corporate borrowers or government
A. Syndicate loan
B. Group loan
C. Standard loan
D. Corporate loan
1740. What is the rate of interest payable on
Exchange earners’ foreign currency account
(EEFC)?
A. 4%
B. Nil
C. 6.5%
D. 3.2%
1741. When the exchange rates of two
currencies are adjusted in such a manner that
an identical good in two countries has same
price when expressed in respective currency is
known as__________
A. Purchasing Power Parity
B. Bank Rate
C. Foreign Exchange Reserve
D. Wage Rate
1742. Which country’s $10 bank note has been
adjudged as the best bank note for 2018 by the
International Bank Note Society (IBNS)?
A. Germany
B. Singapore
C. Canada
D. Australia
1743. The Punjab National Bank acquired New
Bank of India in which year?
A. 1999
B. 2000
C. 1989
D. 1993
1744. Which of these is the first commercial
bank in India on limited liability basis to be
fully owned and operated by Indians?
A. Punjab National Bank
B. Oudh Commercial Bank
C. Allahabad Bank
D. Imperial Bank of India
1745. Which of the following is not a
component of M2?
A. Demand deposits
B. Currency & Coins
C. Corporate bonds held by firms & individuals
D. Money market mutual fund shares
1746. The External Commercial Borrowings
(ECB) is a part of_____
A. Capital Account
B. Balance of Payment
C. Balance of Trade
D. Current Account
1747. The payment of which of these cheques
cannot be made on a cash counter of bank?
A. Bearer
B. Cross
C. Order
D. None
1748. Which of these best defines Stagflation?
A. Inflation after Deflation
B. Inflation with Growth
C. Deflation with growth
D. Inflation with recession
1749. The subprime lending is a loan offered to
borrowers who ___________
A. Do not have good credit history
B. Take loan against mortgage o tangible assets
C. Have good credit history and is known to
banks since past 10 years
D. Are most preferred customers of banks
1750. Which of the given is referred as ‘Paper
Gold’?
A. Legal Tender of a Country
B. Dollar
C. SDR
D. Bit coins
1751. According to the Economist Intelligence
Unit’s 2019 Global Microscope on Financial
Inclusion report, India ranked at which
position?
A. 5th
B. 6th
C. 7th
D. 8th
1752. According to the Reserve Bank of India
(RBI) ‘liquidity management framework’ for
Non-Banking Financial Companies (NBFCs), all
deposit-taking NBFCs have to maintain a
liquidity buffer in terms of Liquidity Coverage
Ratio (LCR). The LCR requirement will be
binding on NBFCs from ______.
A. 1st January 2020
B. 1st April 2020
C. 1st July 2020
D. 1st December 2020
1753. The Ministry of Statistics and Programme
Implementation (MOSPI) is considering
changing of base year for GDP calculation from
2011-12 to ______
A. 2014-15
B. 2015-16
C. 2016-17
D. 2017-18
1754. Name the Non-Banking Finance
Company (NBFC) which has acquired the
Mutual Fund (MF) business worth Rs. 215
crores of IDBI Bank?
A. Muthoot Finance
B. Bajaj Finserv Ltd.
C. Mahindra & Mahindra Financial Services
Limited
D. Power Finance Corp
1755. The Securities and Exchange Board of
India (SEBI) has doubled the minimum
investment limit for clients of Portfolio
Management Services to _______.
A. Rs 40 lakh
B. Rs 50 lakh
C. Rs 80 lakh
D. Rs 100 lakh
1756. According to the latest Economic
Outlook 2019 released by Organisation for
Economic Co-operation and Development
(OECD), what is the World GDP growth for the
year 2020?
A. 2.1%
B. 2.9%
C. 4.6%
D. 4.9%
1757. Under which act, Reserve Bank of India
(RBI) has disclosed a list of 30 major wilful
defaulters of India?
A. Banking Regulation Act, 1949
B. Right to Information Act, 2005
C. Reserve Bank of India Act, 1934
D. Prevention of Money Laundering Act, 2002
1758. The Reserve Bank of India (RBI) has
formed a ______ member Advisory Committee
to assist Dewan Housing Finance Limited
(DHFL) Administrator?
A. three
B. four
C. five
D. six
1759. Which lending platform has entered into
a co-origination agreement with the State Bank
of India (SBI) to provide widened credit
outreach and faster disbursal?
A. Early Salary Pvt Ltd
B. Indiabulls Housing Finance Ltd
C. Home credit India
D. U GRO Capital
1760. The Reserve Bank of India has revised
the currency swap arrangement framework of
which of the following intergovernmental
organizations?
A. South Asian Association for Regional
Cooperation (SAARC)
B. Shanghai Cooperation Organizations (SCO)
C. Association of Southeast Asian Nations
(ASEAN)
D. Bay of Bengal Initiative for Multi-Sectoral
Technical and Economic Cooperation (BIMSTEC)
1761. Who is the Managing Director (MD) &
Chief Executive Officer (CEO) of India First Life
Insurance?
A. RM Vishakha
B. Kalpana Morparia
C. Mallika Srinivasan
D. Neelam Dhawan
1762. What will be the Center’s fiscal deficit of
India for the financial year 2019-20 as per the
Moody’s estimation?
A. 3.3%
B. 3.5%
C. 3.7%
D. 3.9 %
1763. With which of the following countries
India has signed Double Taxation Avoidance
Agreement (DTAA) on November 27, 2019?
A. Germany
B. Saudi Arabia
C. Sri Lanka
D. Chile
1764. What was the increased authorized
capital of Food Corporation of India (FCI)?
A. Rs. 10,000 crores
B. Rs. 12,000 crores
C. Rs. 15,000 crores
D. Rs. 17,000 crores
1765. On December 2, 2019, Asian
Development Bank (ADB) has signed a $206
million loan agreement with the Government
of India (GoI) to develop water supply,
sewerage infrastructure in which state?
A. West Bengal
B. Karnataka
C. Maharashtra
D. Tamil Nadu
1766. Walmart India, a wholly-owned
subsidiary of Walmart Inc has joined hands
with which bank to launch a co-branded credit
card?
A. ICICI Bank
B. HDFC Bank
C. Yes Bank
D. Axis Bank
1767. Which of the following Regional Rural
Banks (RRBs) signed an MoU with the Canara
HSBC OBC Life Insurance Company Ltd for
bancassurance?
A. Kaveri Grameena Bank
B. Pragathi Krishna Grameena Bank
C. Karnataka Vikas Grameen Bank
D. Sapthagiri Grameena Bank
1768. Which of the following health insurance
companies has partnered with MobiKwik to
offer affordable health insurance schemes?
A. Apollo Munich Health Insurance
B. Aditya Birla Health Insurance Co. Limited
C. HDFC ERGO General Insurance company Ltd
D. ICICI Lombard General Insurance Company
Limited
1769. National Thermal Power Corporation
Limited has signed a term loan agreement of
Rs. 5000 crore with which of the following
banks to part finance the capital expenditure
of NTPC?
A. Punjab National Bank
B. State Bank of India
C. Union Bank
D. Bank of India
1770. The RBI expanded the scope of the SNRR
account by permitting non-residents to open
such accounts for rupee-denominated overseas
borrowings, trade credit and trade invoicing for
popularising cross-border transactions in the
domestic currency. What does ‘S’ stand for in
SNRR?
A. Special
B. Sovereign
C. Security
D. Subsidy
1771. Recently, which organization has
released the vision document for the National
Data and Analytics Platform that provide tools
for analytics and visualization of data to
stakeholders?
A. National Institution for Transforming India
Aayog
B. National Development Council
C. Finance Commission
D. Reserve Bank of India
1772. In which of the following city the
government of India has set up India’s 1st war
memorial for service animals such as dogs,
horses, mules?
A. Hyderabad, Telangana
B. Guwahati, Assam
C. Mumbai, Maharashtra
D. Meerut, Uttar Pradesh
1773. Which of the following country has
recently minted the world’s smallest gold coin
of 2.96 millimeters (0.12 inches) that features a
face of scientist Albert Einstein?
A. United Kingdom
B. France
C. Switzerland
D. United States of America
1774. What is the increased short-term debt
investment limit for foreign portfolio investors
that were set as 20% earlier by Reserve Bank of
India?
A. 30 %
B. 40 %
C. 50 %
D. 55 %
1775. Which bank has decided to convert into a
Small Finance Bank under Voluntary Transition
of Primary (Urban) Co-operative Banks?
A. Sangli Urban Co-operative Bank Ltd.
B. Karad Urban Co-operative Bank Ltd.
C. Nagpur Nagrik Sahakari Bank Ltd.
D. New India Co-operative Bank
1776. What is the name of the Kerala boy, who
has received the “Bharat Award 2019” from
President of India Shri, Ram Nath Kovind on
Republic Day?
A. Aarti Kiran Shet
B. Kamal Krishna Das
C. Kanti Paikra
D. Adithya K
1777. Which country has topped in the
Corruption Perception Index 2019 released by
Transparency International?
A. Somalia & New Zealand
B. Denmark & Somalia
C. Denmark & Finland
D. Denmark & New Zealand
1778. Which country will host the 11th edition
of the Indoor Cricket World Cup in October 10
to 17, 2020?
A. New Zealand
B. India
C. Australia
D. United States of America
1779. What was the theme of the 2nd edition
of International Day of Education that is
observed on 24 January 2020?
A. Theme – “Transforming education”
B. Theme – “Learning for people, planet,
prosperity, and peace”
C. Theme – “Young Teachers: The future of the
Profession”
D. Theme – “Rural Women and Girls education”
1780. Who was the first Chief Election
Commissioner of India?
A. Raj Gopalachari
B. Sukumar Sen
C. G. V Mavlankar
D. Sachchidanand Sinha
1781. Which of these are not traded in the
Indian Stock Market?
A. Debentures
B. Mutual Funds
C. Forward Contracts
D. All of these are traded
1782. Identify the Direct Instrument of the
Monetary Policy
A. Cash Reserve Ratio
B. Repo Rate
C. Bank Rate
D. Open Market Operation
1783. Which of these banks comes under the
Commercial Banks category?
I. Nationalized Banks
II. SBI Group
III. RRBs
IV. Private Banks
A. I, III & IV
B. I & III
C. Only I, II & III
D. All of the above
1784. Gold, Silver, Copper, Salt, Rice, Large
Stones can be categorized as which type of
money?
A. Commodity money
B. Representative money
C. Fiat money
D. Broad money
1785. Which Section of the Negotiable
Instruments Act, 1881 defines Negotiable
Instrument?
A. Section 2
B. Section 13
C. Section 8
D. Section 17
1786. Which of the following is not true
regarding Bank Draft?
A. Demand Draft (DD) is always honored
B. DD is backed by bank guarantee
C. DD can be made payable to bearer
D. DD can be cleared in a specified branch of
issuer bank
1787. Which of these denotes general decline
in stock market over a period of time?
A. Bull market
B. Blue Chip stock market
C. Initial Margin market
D. Bear market
1788. Name the finance minister of India who
has presented the Union Budget highest
number of times in the country?
A. CD Deshmukh
B. Morarji Desai
C. Manmohan Singh
D. Yashwant Sinha
1789. Walking Inflation is also known
as________
A. Trotting Inflation
B. Hyper Inflation
C. Sporadic Inflation
D. Suppressed Inflation
1790. What is the objective of Selective Credit
Control?
A. Raise the Cost of Credit
B. Decrease total supply of credit in the
economy
C. Regulate the manner of channelizing of cash
and credit in the economy
D. Giving large share in the total credit to big
capitalists
1791. What is the limit set for housing loan
under priority sector lending for RRBs and SFBs
in metropolitan centres?
A. Rs 45 lakh
B. Rs 55 lakh
C. Rs 25 lakh
D. Rs 35 lakh
1792. RBI has recently imposed monetary
penalty on five PPI Issuers for non-compliance
of regulatory guidelines. This was done on the
basis of the power granted to RBI under
__________
A. Section 5 of Reserve Bank of India Act, 1934
B. Section 30 of the Payment and Settlement
Systems Act, 2007
C. Section 45 of Banking Regulation Act, 1949
D. Section 13 of Negotiable Instruments Act,
1881
1793. Which of the following institutions has
recently launched the ‘Action Plan for Healthy
Oceans and Sustainable Blue Economies’ for
the Asia and Pacific region?
A. Asian Development Bank
B. World Economic Forum
C. International Monetary Fund
D. United Nations Development Programme
1794. Which denomination currency bill of
Canada has won the IBNS Banknote of the Year
2018?
A. USD 5
B. USD 20
C. USD 10
D. USD 50
1795. The Global Registry of Violent Deaths
(GReVD) initiative of SIPRI aims to reduce all
forms of violence and related death rates
globally by which year?
A. 2022
B. 2030
C. 2025
D. 2035
1796. Which city emerged as the top
investment destination by Indian investors in
the year 2018?
A. Tokyo
B. Dubai
C. Paris
D. London
1797. The government of France has planned
to organise an investment conclave in which
state of India in October 2019?
A. Maharashtra
B. Andhra Pradesh
C. Goa
D. Gujarat
1798. The government has fixed high OMS
price for wheat to force private traders to buy
from farmers. What does OMS stands for?
A. Open Market Sale
B. Open Market Service
C. Open Market Standard
D. Open Market Stock
1799. Who is the Chairman of the Fifteenth
Finance Commission of India?
A. Ashok Lahiri
B. Nand Kishore Singh
C. Shaktikanta Das
D. Ajay Narayan Jha
1800. According to the data of Ministry of
Finance, the GST collection in April 2019 was all
time high at __________
A. Rs 1.55 lakh crore
B. Rs 1.01 lakh crore
C. Rs 1.21 lakh crore
D. Rs 1.13 lakh crore
1801. What are the fees charged by NPCI for
using UPI for transaction below Rs 1000?
A. 10 paise
B. 25 paise
C. 50 paise
D. 75 paise
1802. What does A stands for in WMA in
banking?
A. Account
B. Assets
C. Advances
D. Act
1803. What is the sovereign rating of India as
per Fitch?
A. BB-
B. BBB-
C. CC-
D. CCC-
1804. The deadline to link Permanent Account
Number (PAN) with Aadhaar is _________
A. 30 November 2019
B. 31 July 2019
C. 31 December 2019
D. 31 March 2020
1805. Which of these banks has approved its
merger with Indiabulls Housing Finance?
A. South Indian Bank
B. Karur Vysya Bank
C. Lakshmi Vilas Bank
D. City Union Bank
1806. As per the World Bank report, what is
the total remittance received by India in 2018?
A. USD 79 billion
B. USD 61 billion
C. USD 85 billion
D. USD 58 billion
1807. Karnam Sekar has been appointed as the
MD & CEO of which bank?
A. UCO Bank
B. Indian Overseas Bank
C. Canara Bank
D. Indian Bank
1808. Which Bank in India has become the first
destination bank to go live with Net Banking
and Debit Card-based e-mandate?
A. Yes Bank
B. HDFC Bank
C. Axis Bank
D. Kotak Mahindra Bank
1809. What is the minimum subscription
requirement for Infrastructure Investment
Trusts (InvITs) as determined by SEBI?
A. Rs 1 lakh
B. Rs 2 lakh
C. Rs 5 lakh
D. Rs 7 lakh
1810. Which of these banks has launched
‘‘AnyTimeHealth (ATH)’ machines in
partnership with Max Bupa Health insurance
company?
A. Punjab National Bank
B. Kotak Mahindra Bank
C. HDFC Bank
D. Bank of India
1811. Name the technology platform launched
by India to reach over two billion people
worldwide who are still without bank
accounts?
A. PAISA
B. APIX
C. MOPAD
D. CAMPA
1812. The instant loan disbursal facility ‘Boost’
has been launched by which of these mobile
wallet companies?
A. Freecharge
B. PhonePe
C. Paytm
D. MobiKwik
1813. The “eATM Order” service has been
started by which firm to enable retail investors
gets around Rs 50000 money credited into
bank account within 30 minutes?
A. HDFC Securities
B. Kotak Securities
C. ICICI Securities
D. Reliance Securities
1814. What is the minimum prescribed limit of
CRAR that has to be maintained by the RRBs?
A. 7%
B. 10%
C. 8%
D. 9%
1815. Who is the Chairman of the Indian Banks’
Association?
A. Sunil Mehta
B. Shyam Srinivasan
C. Rajnish Kumar
D. Dina Bandhu Mohapatra
1816. RBI has shortlisted five IT firms for
implementation of CIMS for seamless data
collection and validations. Expand CIMS
A. Core Independent and Mutual Service
B. Centralized Information and Management
System
C. Common Information Managing Solution
D. Collective Institutional Management System
1817. Which of these organization aims to
develop the mutual funds market in India?
A. RBI
B. SEBI
C. AMFI
D. IRDAI
1818. The head office of the Fino Payments
Bank (FPB) is in which city?
A. Chennai
B. Jaipur
C. Noida
D. Navi Mumbai
1819. The startups would be exempted from
levy of angel tax on funds raised up to Rs
__________.
A. Rs 25 crore
B. Rs 10 crore
C. Rs 50 crore
D. Rs 20 crore
1820. The Bank of Baroda has inked pact with
how many companies to develop an
agriculture digital platform ‘Baroda Kisan’?
A. 11
B. 6
C. 2
D. 8
1821. Recently, who has been appointed as
Indian Bank Association Chief Executive?
A. Suresh Kumar
B. Sunil Mehta
C. Vikram Sharma
D. Dinesh Gupta
1822. 'Shiv Bhojan' scheme, which is aimed at
providing a meal to the poor at subsidised
rates, was recently launched in which state?
A. Maharashtra
B. Rajasthan
C. Madhya Pradesh
D. Assam
1823. Which of the following city of India is
going to start the first underwater metro
project?
A. Mumbai
B. Kolkata
C. Chennai
D. Hyderabad
1824. Dhansiri is a river of which state?
A. Meghalaya
B. Assam
C. Kerala
D. Andhra Pradesh
1825. Which of the following country has
announced that Israeli citizens are not allowed
to visit the kingdom?
A. UAE
B. United Kingdom
C. France
D. Saudi Arabia
1826. Dr. Kiran Bedi is the Lieutenant Governor
of which Union Territory?
A. Andaman and Nicobar
B. Chandigarh
C. Puducherry
D. Ladakh
1827. The Telecom Regulatory Authority of
India is a statutory body of India. Where is it
headquartered?
A. Mumbai
B. Bangalore
C. Lucknow
D. New Delhi
1828. By which year Indian Railways will run
100% on electricity as per the Union Minister
Piyush Goyal?
A. 2022
B. 2023
C. 2024
D. 2025
1829. In which state India’s First Super Fab Lab
has been inaugurated to function in
collaboration with Massachusetts Institute of
Technology, USA?
A. Kerala
B. Andhra Pradesh
C. Karnataka
D. West Bengal
1830. Recently, which legendary Indian
sportsperson is awarded by the prestigious
‘Padma Vibhushan’ award?
A. Sachin Tendulkar
B. Dhanraj Pillai
C. M C Mary Kom
D. Virat Kohli
1831. The definition of _______ is given in
Article 110 of The Constitution of India.
A. Union Budget
B. Financial Bill
C. Money Bill
D. State Budget
1832. Government scheme Hriday Yojana is
related to _____.
A. Farmers
B. Girl Child
C. Malnutrition
D. World heritage sites
1833. Which of the following is the largest
cricket stadium in the world?
A. Melbourne Cricket Ground
B. Motera Stadium
C. Atal Bihari Vajpayee Ekana Cricket Stadium
D. Eden Gardens
1834. Who is the union minister of Food
Processing Industries?
A. Narendra Singh Tomar
B. Maneka Gand
C. D. V. Sadananda Gowda
D. Harsimrat Kaur Badal
1835. Which state is the largest producer of
jute in India?
A. Maharashtra
B. Gujarat
C. Assam
D. West Bengal
1836. Article 110 of the constitution of India is
related to___.
A. Union Budget
B. Financial Bill
C. Money Bill
D. State Budget
1837. Arma Konda or Sitamma Konda or
Jindhagada, is a mountain peak of which state?
A. Maharashtra
B. Rajasthan
C. Punjab
D. Andhra Pradesh
1838. Who has been recently appointed as the
Chairman of the Ordnance Factory Board?
A. Sanjay Kumar Mishra
B. Hari Mohan
C. Soma Roy Burman
D. Girish Chandra Chaturvedi
1839. The Tiroda thermal power plant is
situated in which state?
A. Kerala
B. Rajasthan
C. Madhya Pradesh
D. Maharashtra
1840. Which of the following country is the top
producer of sunflower seeds?
A. Ukraine
B. Finland
C. Sweden
D. Spain
1841. The limits for FPI investment in municipal
bonds has been set at _______ percent of
outstanding stock of securities
A. 3%
B. 5%
C. 2%
D. 4%
1842. For the Economically Weaker Sections
(EWS), what should be the income limit of the
family to be eligible for housing loans?
A. Rs 1 lakh pa
B. Rs 3 lakh pa
C. Rs 5 lakh pa
D. Rs 6 lakh pa
1843. Which of these countries is going to have
world’s first Crypto Powered City?
A. Malaysia
B. Thailand
C. Australia
D. United States
1844. The sovereign loans operations in India
started in which year?
A. 1975
B. 2005
C. 1999
D. 1986
1845. The Reserve Bank of India has extended
the deadline for market participants for the
implementation of LEI to participate in non-
derivative markets. Expand LEI
A. Liquidity Enhancement Instrument
B. Legal Entity Identifier
C. Loan Enabled Institution
D. Logical Enterprise Investment
1846. Which of these institutions has reduced
the minimum Net worth Requirements for
Clearing Corporations in International Financial
Services Centre (IFSC)?
A. RBI
B. BSE
C. SEBI
D. IRDAI
1847. What is the maximum compensation
amount which can be awarded by the NBFC
Ombudsman?
A. Rs 10 lakh
B. Rs 15 lakh
C. Rs 25 lakh
D. Rs 5 lakh
1848. Who has been named as the new CEO of
the SWIFT to take charge on July 1, 2019?
A. Gottfried Leibbrandt
B. Yawar Shah
C. Javier Perez-Tasso
D. John N. Dalton
1849. Which of these new Indian currencies is
Greenish Yellow in color?
A. Rs 50
B. Rs 20
C. Rs 100
D. Rs 200
1850. The Employees’ Provident Fund
Organization (EPFO) is under the
administrative control of which ministry?
A. Ministry of Finance
B. Ministry of Commerce & Industry
C. Ministry of Home Affairs
D. Ministry of Labour and Employment
1851. Amazon has partnered with which zone
of Indian Railways to set up a pick-up kiosk at
the railway station?
A. Western Railways
B. Southern Railways
C. Northern Railways
D. Eastern Railways
1852. NCLAT has allowed which company to
acquire Bhushan Power & Steel Ltd?
A. HAL
B. RIL
C. Adani Steel
D. JSW Steel
1853. Who is the author of the book “Let me
say it now”?
A. Rakesh Maria
B. Amitav Ghosh
C. Arundhati Roy
D. Vikram Seth
1854. Which corporation has constituted
Municipal bonds development committee
headed by Sujit Prasad?
A. RBI
B. SEBI
C. SIDBI
D. EXIM
1855. U Win Myint is on a three days state visit
to India, he is the President of which country?
A. Thailand
B. Cambodia
C. Myanmar
D. Laos
1856. Mahathir Mohamad who has recently
resigned is PM of which country?
A. Mauritius
B. Nepal
C. Maldives
D. Iran
1857. Who has been elected as president of
the Afghanistan?
A. Abdullah Abdullah
B. Gulbedin Hekmatyar
C. Rahmatullah Nabil
D. Mohammad Ashraf Ghani
1858. What is India’s rank as most polluted
country in the World Air Quality Report 2019
released by the pollution tracker IQAir and
Greenpeace?
A. Second
B. Third
C. Fourth
D. Fifth
1859. Which City’s restaurant won Guinness
world milkshake record?
A. Cape Town
B. Johannesburg
C. Bloemfontein
D. Pretoria
1860. Which company launched AI based
chatbot “AskDisha” that will support Hindi
language also?
A. RailMadad
B. IRCTC
C. RailInd
D. RailInfo
1861. In which city has India’s first floating
jetty been inaugrated?
A. Chennai
B. Kochi
C. Goa
D. Vishakhapatnam
1862. BIMSTEC disaster management exercise
2020 has been started in which state?
A. Maharashtra
B. Odisha
C. Kerala
D. Telangana
1863. Who has been appointed as the new MD
and CEO of CIBIL?
A. Rajesh Kumar
B. Satish Pilla
C. M.V. Nair
D. Arun Thukral
1864. Who has been elected as president of
Rowing Federation of India?
A. R.S. Deo
B. Pralay Majumdar
C. M V Sriram
D. Naren Kothari
1865. Who has been elected as speaker of
Delhi Assembly?
A. Ram N Goel
B. Aman Arora
C. Sushil Kumar Gupta
D. Nisha Singh
1866. Who has been appointed as brand
ambassador of Tata Power?
A. Virat Kohli
B. Rishabh Pant
C. Shardul Thakur
D. Rohit Sharma
1867. Cabinet Committee on Economic Affairs
approved the National Technical Textiles
Mission. What amount has been allocated for
the mission?
A. Rs 1,200 crores
B. Rs 1,480 crores
C. Rs 2,500 crores
D. Rs 2,700 crores
1868. As per Skill development and
Entrepreneurship Ministry’s data, number of
people trained under Pradhan Mantri Kaushal
Vikas Yojana (PMKVY) from 2016-20 are_____.
A. 69.84 Lakh
B. 71.97 Lakh
C. 73.47 Lakh
D. 75.09 Lakh
1869. Which state has started ‘water bell
scheme’ to ensure that children keep
themselves hydrated?
A. Kerala
B. Karnataka
C. Tamil Nadu
D. Andhra Pradesh
1870. Who emerged as champion in the 34th
Cannes Open chess tournament in France?
A. P Iniyan
B. D Gukesh
C. Prithu Gupta
D. Girish Koushik
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