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Monthly Current Affairs Capsules

1. The Reserve Bank of (RBI) has D. and Edelweiss Broking increased the limits imposed on peer-to-peer Limited lenders to _____.

A. 10 lakh 5. A Scheme for Promoting Innovation, Rural B. 20 Lakh Industry and Entrepreneurship (ASPIRE) will be implemented through which bank? C. 30 lakh A. SBI D. 50 lakh B. IDBI

C. SIDBI 2. The fund transfers through the NEFT system occur in how many batches? D. BOB

A. 6

B. 12 6. The SWIFT international payment network is one of the largest financial messaging systems C. 16 in the world of USA, as equivalent to that CIPS D. 23 is of which country?

A. Russia

3. Nippon which acquires additional 21.54% B. China stake in Reliance Nippon Life Asset C. Japan Management is a company of which country? D. France A. China

B. Russia 7. partnered with which state C. USA government to provide MSME loans? D. Japan A. Maharashtra

B. Andhra Pradesh 4. RBI rejects merger of which two banks? C. Telangana A. and IndiaBulls D. Rajasthan B. Dhanlaxmi Bank and IndiaBulls

C. Yes Bank and Dhanlaxmi Bank 8. What does P stand for in STP?

A. Powered C. Siemens

B. Processing D. Knewton

C. Premier

D. Partnership 12. Which of the following Public Sector Companies has signed a memorandum of

understanding (MoU) with Saudi Aramco for 9. What is the full form of CIRP? the development of Micro, Small and Medium Enterprises (MSME) sector in India in Oil & Gas A. Central Insolvency Resolution Process Sector?

B. Credit Insolvency Resolution Process A. Oil and Natural Gas Corporation

C. Company Insolvency Resolution Process B. Hindustan Petroleum

D. Corporate Insolvency Resolution Process C. Indian Oil Corporation Limited

D. National Small Industries Corporation Limited

10. The nationwide campaign, ‘Team Cashless India’ to accelerate the acceptance and adoption of digital payments in India has been 13. Who is appointed as an Additional Director initiated by which company? of Dhanlaxmi Bank?

A. Visa A. V Viswanathan

B. MasterCard B. Rakesh Makhija

C. Paytm C. Rajesh Puri

D. D. Rajnish Kumar

Answer: B

14. Which of the following health insurance companies has an innovative Cancer Protect 11. Which of the following tech-based Cover health insurance plan in partnership companies has partnered with Accelerated with MobiKwik? Growth of New India’s Innovations (AGNIi) to support the development of sustainable A. Apollo Munich Health Insurance innovations and technologies across B. Aditya Birla Health Insurance Co. Limited industries? C. HDFC ERGO General Insurance company A. Matter port Limited B. DuPont

D. ICICI Lombard General Insurance Company D. Limited

18. Which General Insurance Company has 15. On December 04, 2019, Indian Prime launched my: health Woman Suraksha policy? Minister Mr. Narendra Modi Launched RuPay A. ICICI Prudential Card in which of the following countries via video conferencing? B. Life Insurance Corporation

A. Oman C. HDFC ERGO

B. Maldives D. SBI LIFE

C. Sri Lanka

D. Mauritius 19. On November 23, 2019, India First Life Insurance, a leading life insurance company in

India has partnered with which financial 16. From December 1, 2019 all lanes of free services provider, for distribution and plazas on national highways will be ‘FASTag marketing of ‘insurance khata’? lanes’. The FASTag is based on which A. Spice Money technology? B. Power Finance Corporation Limited A. Near Field Communication Technology C. Muthoot Finance Ltd B. Radio Frequency Identification (RFID) technology D. HDB Finance Services

C. Straight through Processing technology

D. Host Card Emulation (HCE) technology 20.According to the latest Economic Outlook 2019 released by Organization for Economic

Co-operation and Development (OECD), what 17. National Thermal Power Corporation is the World GDP growth for the year 2020? Limited has signed a term loan agreement of A. 2.1% Rs. 5000 crore with which of the following banks to part finance the capital expenditure B. 2.9% of NTPC? C. 4.6% A. D. 4.9% B.

C. Union Bank

21. Base rate calculation can be made by banks ______. 25. When Repo Rate is reduced by RBI, it leads A. As per the method suggested by RBI. to –

B. As per their own method. A. Reduction of cost to borrowers on loans from banks. C. If banks adopt their own method, it should be consistent. B. Increase in cost of loans of borrowers from banks. D. All A, B and C C. Reduction in cost of borrowing by banks

from RBI. 22. Under Pradhan Mantri Jan Dhan Yojana life D. Increase in cost of borrowing by banks from insurance is managed by ______. RBI. A. HDFC Ergo Insurance Company

B. Life Insurance Corporation of India 26. Real Interest Rate is an interest rate that is C. GIC adjusted for ______.

D. NICL A. Inflation

B. Deflation

23. Bombay was established in C. Reflation the year ______. D. Stagflation A. 1862

B. 1870 27. The Securitization Act does not covers: C. 1875 A. Private Sector Banks D. 1890 B. Consortium of Banks

C. Private Financial Institutions 24. The Definition of ‘Banking’ is given in D. Companies ______.

A. Negotiable Instrument Act, 1881 28. The was set up under B. Indian Contract Act, 1872 the recommendation of which of the following C. The Banking Regulation Act, 1949 commissions?

D. RBI Act, 1934 A. Phillip Commission

B. Simon Commission

C. Hunter Commission 32. under which of the following methods of depreciation, amount of depreciation varies D. Hilton Young Commission every year?

A. Written Down Value Method 29. How much amount is given as monthly B. Straight Line Method pension to the beneficiaries after attaining the age of 60 years under Pradhan Mantri Shram C. Amount of depreciation does not vary on Yogi Maan-Dhan? year to year basis

A. Rs.3000 D. Either A or B

B. Rs.2000

C. Rs.1500 33. In which year, a new rupee symbol ‘₹’, was officially adopted in India? D. Rs.1000 A. 2001

B. 2005 30.Among the following, which one is not a credit rating agency operating in India? C. 2010

A. CRISIL D. 2016

B. ICRA

C. Dow Jones 34. Expansion of ASEAN is-

D. CARE A. Association of Southeast African Nations

31. Pradhan Mantri Awas Yojana (PMAY) is an B. Association of Southeast American Nations initiative by in wch C. Association of Southeast Antarctic Nations affordable housing will be provided to the urban poor with a target of building 20 million D. Association of Southeast Asian Nations affordable houses by 31 March 2022. It was launched in ______.

A. 2015 35. Who among the following has written the book named ‘Indian Economy: Gandhi an Blue B. 2016 print”?

C. 2017 A. Acharya Vinoba Bhave

D. 2014 B. Morarji Desai

C. Jai Prakash N A. Private sector

D. Jaswant Singh B. FDI

C. Market

36. Scheduled bank refers to a bank: D. Public sector

A. Authorizes by central government to transaction government business 40. In case a cheque is torn into two or more B. Registered with ministry of finance, Govt. of pieces and presented for payment, such a India cheque is called ______.

C. Which is included in the second schedule to A. Antedated Cheque the RBI act, 1934 B. State Cheque D. Incorporated as a cooperative society C. Mutilated Cheque

D. Post-dated Cheque 37. As per Basel III, which of the following is a part of Operational Risk? 41. Which bank was placed under the Prompt A. Legal risk Corrective Action (PCA) Framework by Reserve B. Reputational risk Bank of India (RBI) due to reasons like high net NPA (Non-Performing Assets)? C. Strategic risk A. Yes Bank D. All of the above B. Dhanlaxmi Bank

C. (LVB) 38. What is the name of crypto currency, which will be launched by Face book in 2020? D. (CUB)

A. Libra

B. Lite coin 42. Which country’s Central bank has released three coins (100, 1000 and 2500 denomination) C. Name coin bearing the Sikh symbol to commemorate D. Aurora coin 550th Birth Anniversary of Guru Nanak Dev?

A. Bhutan

39. Disinvestment means to reduce the B. Bangladesh government’s share in the ______. C. Nepal

D. Sri Lanka construction material, food and beverages, logistics?

A. India and Indonasia 43. What is term money? B. Thailand and India A. Refers to the borrowing or lending of funds for 1 day. C. Philippines and India

B. Refers to borrowing and lending of funds for D. India and Vietnam a period of more than 14 days.

C. Refers to the borrowing and lending of funds 47. Which of the following products/articles for 2-14 days. hold maximum weightage in WPI? D. It is lent or borrowed for one day or on A. Primary articles overnight basis. B. Fuel items

C. Manufactured items 44. Which of the following is not a method of measuring National Income? D. All of the above

A. Investment Method

B. Product Method 48. Which of the following instrument is defined under negotiable instrument act? C. Income Method A. Cheque D. Expenditure Method B. Draft

C. Promissory Note 45. Which of the following is related to Money Market? D. All of the above.

A. Commercial Money

B. Treasury Bills 49. SEBI act 1992 empowers SEBI with ______power. C. Cheque A. Constitutional Power D. Shares B. Statutory Power

C. Non Statutory Power 46. Which two countries has signed agreements of worth Rs. 2,400 crore to boost D. All of the above trade ties in the field of rubber, and

C. Dadabhai Naroji

50. National Bank for Agriculture and Rural D. P.C. Mahalanobis Development (NABARD) was established in?

A. 1980 54. What does MIGS stands for? B. 1981 A. Minimum Income Group Scheme C. 1982 B. Middle Income Group Scheme D. 1983 C. Middle Incentive Group Scheme

D. Minimum Incentive Group Scheme 51. Foreign Exchange Regulation Act (FERA) of

1947was subsequently replaced by Foreign Exchange Regulation Act ______. 55. What is the full form of SECC?

A. 1978 A. Socio Economic Class Survey

B. 1950 B. Socio Economic Caste Service

C. 1984 C. Social Earning Class Survey

D. 1973 D. Socio Economic Caste Census

52. “Pure Banking Nothing Else” is a tagline of 56. Recently, the governing council meeting of which Bank? National Investment and Infrastructure Fund (NIIF) was chaired by Union Finance Minister A. ICICI Bank Nirmala Sitharaman in New Delhi. When the B. UTI Bank NIIF India’s first sovereign wealth fund was set up by government of India? C. SBI Bank A. 2013 D. HDFC Bank B. 2014

C. 2015 53. The first attempt to calculate National Income of India was made by ______D. 2016 in 1867 -68.

A. Gopal Krishna Gokhale 57. “Mukhya Mantri Kanya Sumangala Yojana” B. Justice Ranade will provide Rs 15,000 to every family where a

girl child is born. This scheme is launched by C. 1 Years which state? D. 7 Years A. Uttarakhand

B. Bihar 61. The Reserve Bank of India (RBI) issued C. Odisha revised guidelines for ‘on tab’ licensing of small finance banks (SFB). The minimum ______D. Uttar Pradesh net worth is needed for the license of .

58. Which of the following has tightened the A. Rs. 1 crore rules around resignations of auditors from B. Rs. 50 crore listed companies? C. Rs. 100 crore A. SEBI D. Rs. 200 crore B. RBI

C. Finance Commission 62. Who is the head of Code for Responsible D. SBI Lending (CRL) committee set up by RBI?

A. Viral Acharya 59. Which of the following company has B. HR Khan become the first company in India to hit the market capitalisation (m-cap) of Rs.9 lakh C. BP Kanungo crore? D. N. S. Vishwanathan A. Tata Motors

B. 63. Under Pradhan Mantri Jan Dhan Yojana C. ONGC accidental insurance cover for new RuPay card holders to be raised from Rs 1 lakh to: D. BHAIL A. Rs. 2 lakh

B. Rs. 5 lakh 60. Payment banks can apply for conversion into small finance banks (SFB) after C. Rs. 10 lakh ______of operations. D. Rs. 6 lakh A. 5 Years

B. 8 Years

64. NPS account can be opened by Indian C. citizens above the age of: D. A. 18 years and less than 50 years of age

B. 21 years and more than 65 years of age 68. The Indian banking sector is broadly C. 18 years and less than 65 years of age classified into ______and ______banks.

D. 21 years and less than 55 years of age A. Listed, non-listed

B. Scheduled, non-scheduled

65. ‘AIBEA’ was recently in news what is the C. Authorised, non-authorised full form of ‘AIBEA’? D. Scheduled, non-listed A. Asia and India Bank Entrepreneur Association

B. All India Bank Employees Association 69. Who was C. D Deshmukh? C. Agreement of Indian Bankers with Employees A. First Governor of RBI Association B. First Indian Governor of RBI D. Article of Executive Association C. First finance minister of India

D. None of these 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 ______. 70. Repo rate is decided by ______. A. State Bank of India A. State Bank of India B. Reserve Bank of India B. Reserve Bank of India C. National Payment Corporation of India C. Finance Ministry D. Government of India D. Government of India

67. Which of the following is the Central bank 71. Who prepares the national income of India? estimates in India? A. State Bank of India A. Central Statistical Organization (CSO) B. Reserve Bank of India B. Finance Commission

C. Commerce and Industrial Ministry B. 1937

D. Niti Ayog C. 1936

D. 1939

72. What is the current SLR?

A. 16.50 % 76. The nationalisation of RBI was done in ______. B. 20.15% A. 1949 C. 18.50% B. 1950 D. 18.00% C. 1951

D. 1952 73. First five-year plan in India was from ______.

A. 1947 – 1952 77. Where was the first mint established?

B. 1949 – 1954 A. Kolkata

C. 1950 – 1955 B. Hyderabad

D. 1951 – 1956 C. Mumbai

D. Bangalore

74. National Development Council was constituted on:

A. 2 August 1952 78. By which of the following NBFC are B. 6 August 1952 regulated?

C. 8 August 1952 A. RBI

D. 12 August 1952 B. Companies Act 2013

C. SEBI

75. The Central Office of the Reserve Bank was D. NIFTY initially established in Calcutta but was permanently moved to Mumbai in ______. 79. How many mints in India produce coins?

A. 1938 A. 3

B. 7

C. 6 83. CRAR is the ratio of a bank’s capital to its risk. What does it stands for? D. 4 A. Capital to Risk Assets Ratio

B. Capital to Risk Adequacy Ratio 80. What is the highest rate of GST? C. Capital to Risk Amount Ratio A. 15% D. Capital to Risk Analysis Ratio B. 12%

C. 30% 84. RBI has created CRILC for strengthening D. 28% offsite supervision and early recognition of financial distress. What is the full form of CRILC? 81. The Financial Stability Report (FSR) determines the risks to financial stability of a A. Combined Report of Investigation on Large country as well as the issues relating to Credits development and regulation of the financial B. Central Repository of Information on Large sector. The FSR is released by which Credits organisation in India? C. Collateral Resource of Information on Large A. Ministry of Finance Credits B. Reserve Bank of India D. Credit Rating of Institutions on Large Credits C. Indian Banks’ Association (IBA)

D. National Payments Corporation of India 85. SMA is an account that has the potential to become an NPA/Stressed Asset. What does SMA denotes? 82. Based on the latest Financial Stability Report, the PCR of all Scheduled commercial A. Special Mention Accounts banks’ (SCBs) rose in September 2019 as B. Stressed Management Accounts compared to March 2019. Expand PCR C. Solvent Monetary Accounts A. Periodic Cost Ratio D. Stabilized Monthly Accounts B. Proposed Credit Ratio

C. Provision Coverage Ratio 86. India’s CAD narrowed at US$ 6.3 billion as D. Progress Chart Report per the preliminary data on India’s Balance of

Payments (BoP) for the second quarter (July- D. Rs 10, 00,000 September) of 2019-20. Expand the CAD.

A. Currency Account Deficit 90. LCR= [High quality liquid asset amount B. Cost Account Deficit (HQLA)/Total net cash flow amount] over a 30- day stress period. LCR stands for? C. Credit Account Default A. Liquidity Collateral Ratio D. Current Account Deficit B. Liquidity Credit Ratio

C. Liquidity Cost Ratio 87. The data regarding the India’s International Investment Position (IIP) is released by? D. Liquidity Coverage Ratio

A. Ministry of Finance

B. RBI 91. SIDBI stands for ______

C. Indian Banks’ Association (IBA) A. Small-scale Industries Deployment Bank Industry D. National Payments Corporation of India B. Small Industries Development Bank of India

C. Small Interactive Deployment Bank Industry 88. As per the RBI’s recent “Guidelines for ‘on tap’ Licensing of Small Finance Banks in the D. Small Investment Development Bank of India Private Sector”, what should be the minimum net worth requirement of the entity? 92. When SIDBI was established? A. Rs 100 crore A. April 5, 1993 B. Rs 500 crore B. April 9, 1992 C. Rs 200 crore C. April 2, 1990 D. Rs 400 crore D. April 8, 1991

89. RBI has capped the aggregate exposure of a lender to all borrowers at any point of time, 93. If any cheque issued by a holder does not across all P2P platforms to get withdrawn from the bank till three months, then it is called A. Rs 50, 00,000 A. Crossed Cheque B. Rs 20, 00,000 B. Stale Cheque C. Rs 30, 00,000

C. Post Dated Cheque C. Goods Value Algorithm

D. Anti Dated Cheque D. Generalized Voluntary Action

94. What is the purpose of SIDBI? 98. When was Commercial Paper (CP) introduced in India for the first time? A. To provide short term lending to industries A. 1990 B. To provide refinance facilities B. 1995 C. To develop MSME sector C. 2000 D. All of the above D. 2005

95.Which is a subsidiary set up for speedier resolution of Non-Performing Assets (NPA) in 99. P- Note (Participatory Note) in India are the MSME sector? issued on the recommendation of

A. RXIL A. RBI

B. ISARC B. SEBI

C. SVCL C. Finance Ministry

D. ISTSL D. EPFO

96. The right of set-off customers account can 100. What is ‘T’ stand for in the MTSS which is be exercised only by a______? a term often seen in the banking sector news?

A. Creditors A. Transfer

B. Debtors B. Transaction

C. Banker C. Tag

D. Customer D. Total

97. What is an acronym for GVA? 101. ______is financial institution through which promoter / promoter groups will be A. Gross Value Added permitted to set up a new bank. B. General Value Area A. Investment Company(IC)

B. Loan Company (LC) A. Kolkata

C. Infrastructure Finance Company (IFC) B. Mumbai

D. Non-Operative Financial Holding Company C. Delhi (NOFHC) D. Pune

102. SIDBI was formed to promote ______. 106. The headquarters of International A. Agriculture sector Monetary Fund is______.

B. Housing sector A. Geneva

C. MSME sector B. Washington

D. Banking sector C. Paris

D. London

103. How many member nations are there in the Bank for International Settlements (BIS)? 107. When more than one bank is allowing A. 80 credit facilities to one party in coordination with each other under a formal arrangement, B. 60 the arrangement is generally known C. 100 as______.

D. 120 A. Group lending

B. Participation

104. What is the purpose of reduction in Cash C. Consortium Reserve Ratio (CRR)? D. Ownership A. Reduce Credit Flow

B. Enhance Credit Flow 108. What does LAF stands for? C. Enhance availability of cash A. Location Adjustment Function D. Reduce Cash transactions B. Liquidity Adaption Function

C. Listed Absorption Facility 105. The first insurance company was started D. Liquidity Adjustment Facility in India in 1818 at______.

109. A commercial bank is designated as a lead bank in each ______of the country. 113. Name of the commission which distributes A. zone the taxes between center and states______. B. taluka A. National Development Council C. district B. Finance Commission D. panchayat C. Direct Tax Commission

D. Planning Commission 110. Which of the following is not managed by RBI for India?

A. Currency 114. Which of the following will set up core banking infrastructure for rural B. Stock Exchange banks______? C. Foreign Exchange A. NABARD D. Government Accounts B. RBI

C. SIDBI 111. Name of the bank which first time D. SBI introduce the merchant banking in India is______.

A. 115. UNCTAD stands for______.

B. Grind lays Bank A. United Nations Conference on Trade and Dealing C. United Bank B. Unity National Conference on Trade and D. London Bank Development

C. United Nations Conference on Trade and 112. Largest Public Sector Bank in India Development is______. D. Unique Nations Conference on Trade and A. Development

B. ICICI Answer: C

C. Punjab National Bank

D. State Bank of India

116. Where are four regional centres of RBI 120. was established located? on______.

A. Mumbai, Kolkata, Chennai and Delhi A. 1985

B. Kolkata, Chennai, Mumbai, Gujrat B. 1984

C. Gujarat, Mumbai, Kolkata, Delhi C. 1988

D. Chennai, Bangalore, Mumbai and Delhi D. 1992

117. On 2-10-1975, which types of banks were 121. According to the International Monetary established______. Fund (IMF), what will be the India’s economic growth forecast ______for 2020? A. Public Sector Banks A. 5.5% B. Private Sector Banks B. 5.9% C. Regional Rural Banks C. 7% D. Non Financial Banks D. 6.1%

118. EXIM means______. 122. What is the age range to be eligible for A. Export and Import Bank of India enrolling in NPS (National Pension Scheme)? B. Exchange in Monetary Transaction A. 18-25 C. Export in Monetary Transaction B. 18-35 D. None of These C. 18-40

D. 18-65 119. EXIM bank offers credit and lines of credit

(LOC) to______. 123. Which of the following institutions has A. Foreign Government and Banks agreed to provide $100 million to India’s B. Domestic Government and Banks National Investment and Infrastructure Fund’s (NIIF) that aims to raise about $1 billion to C. Only Private Sector Banks invest in up to 10 private equity funds?

D. None of these A. International Finance Corporation (IFC)

B. New Development Bank (NDB)

C. Asian Infrastructure Investment Bank (AIIB) Help Desks in Police Stations of States and Union Territories (UT). D. Asian Development Bank (ADB) A. 200 Crore

B. 300 Crore 124. Which of the following companies has launched the ‘Audible Suno app’ in India? C. 100 Crore

A. Google D. 500 Crore

B. Flip kart

C. Amazon 128. Finance Minister has launched which app for online auction of assets attached by banks? D. Microsoft A. eSell

B. eBaich 125. What edition of the Economic Census which is the first digital census was launched in C. eBkray New Delhi on December 13th, 2019? D. eBay A. 4th Answer: C B. 5th

C. 6th 129. Which Bank has launch OTP-based ATM D. 7th cash withdrawal from January 1,2020?

A. State Bank of India

126. As on November 1, 2019 what amount of B. Punjab National Bank loan has been sanctioned under the Pradhan C. Mantri MUDRA Yojana (PMMY)? D. A. Rs. 8.25 lakh crores

B. Rs. 9.44 lakh crores 130. has partnered with online C. Rs. 10.24 lakh crores real estate platform ______for listing and e- D. Rs. 10.84 lakh crores auctioning of immovable properties repossessed by the bank in recovery

proceedings. 127. Union Home Ministry has sanctioned a A. Brigade Enterprises Ltd sum of rupees ______from Nirbhaya Fund for setting up and strengthening of Women B. DLF Ltd

C. Housing Development and Infrastructure Ltd A. Yes Bank and IndiaBulls (HDIL) B. Dhanlaxmi Bank and IndiaBulls D. Magic Brick C. Yes Bank and Dhanlaxmi Bank

D. Dhanlaxmi Bank and Edelweiss Broking 131. The Reserve Bank of India (RBI) has Limited increased the limits imposed on peer-to-peer lenders to _____. 135. What does P stand for in STP? A. 10 lakh A. Powered B. 20 Lakh B. Processing C. 30 lakh C. Partnership D. 50 lakh D. Privileged

132. The fund transfers through the NEFT system occur in how many batches? 136. What is the full form of CIRP?

A. 6 A. Central Insolvency Resolution Process

B. 12 B. Credit Insolvency Resolution Process

C. 16 C. Company Insolvency Resolution Process

D. 23 D. Corporate Insolvency Resolution Process

133. Nippon which acquires additional 21.54% 137. Which of the following services cannot be stake in Reliance Nippon Life Asset availed through AEPS? Management is a company of which country? A. Balance Enquiry A. Russia B. Cash Withdrawal B. USA C. Overdraft C. Japan D. to Aadhaar funds transfer D. South Korea

138. Which General Insurance Company has 134. RBI rejects merger of which two banks? launched My: health Woman Suraksha policy?

A. ICICI Prudential C. IRDA

B. Life Insurance Corporation D. None of these

C. HDFC ERGO

D. SBI LIFE 142. The primary function of a central co- operative bank is to-

A. to channelize the flow of funds from the 139. As per the new guidelines of the Reserve State co- Bank of India for ‘on tap’ licensing of Small Finance Banks (SFBs) in the Private Sector what Operative banks is the minimum paid-up capital for setting up B. mobilize the resources in the district for an SFBs? financing its members to the maximum extent A. 100 crore possible

B. 150 crore C. Both of these

C. 200 crore D. None of these

D. 250 crore

143.Union Budget which is presented every year in the parliament is also known as- 140. National Thermal Power Corporation Limited has signed a term loan agreement of A. Annual Budget Rs. 5000 crore with which of the following B. Common Budget banks to part finance the capital expenditure of NTPC? C. General Budget

A. Punjab National Bank D. None of these

B. State Bank of India

C. Union Bank 144. When the conversion rate of our currency goes high in compared to other currency, it is D. Bank of India known as-

A. Rupee Devaluation 141. Insurance companies in India are B. Rupee Demodulation regulated by – C. Rupee Depreciation A. RBI D. None of these B. SEBI

145. Which of the following banks is not D. None of these nationalized in 1969 _

A. Central Bank of India

B. Dena Bank 149. The capital markets regulatory authority C. has supervision over-

D. Oriental Bank of Commerce A. Foreign institutional investors

B. Equity and debt raisers

146. In which city the Bank of International C. Mutual funds Settlements (BIS) located? D. All the above A. New York

B. Basel 150. Goods and Service Tax, would replace C. Washington which of the following taxes levied at present?

D. None of these A. Capital gains tax

B. Corporate tax

147. When it comes to money market C. Value-added tax instruments,which among the following is not D. None of these true?

A. Treasury bills

B. Certificate of deposits 151. Reserve Bank of India borrows money C. Corporate securities from commercial banks at ____ rate. D. None of these A. Statutory Liquidity Rate

B. Reverse Repo Rate 148. The difference between the total cost of a C. Repo Rate project and the sanctioned loan amount is termed as______D. Bank Rate

A. Near Money

B. Gross Income 152. Suvidha Prepaid Card has been launched by which of the following banks? C. Margin Amount

A. Bank of Baroda 156. What is E in SARFAESI?

B. Canara Bank A. Estimate

C. UCO Bank B. Enhancement

D. Dena Bank C. Export

D. Enforcement

153. The credit card scheme, Simply Click, was launched by ______. 157. MCLR stands for _____ Cost of Funds A. Bank of Baroda based Lending Rates.

B. SBI A. Minimal

C. ICICI Bank B. Minimum

D. HDFC Bank C. Marginalized

D. Marginal

154. Wave N Pay, a contact-less card was launched by______. 158. India Licensing Expo (ILE) 2018, most A. BOB influential brand licensing show was held in ______. B. PNB A. Delhi C. BOI B. Lucknow D. SBI C. Agra

D. Mumbai 155. Recently ______has launched IRA 2.0, the advanced version of interactive humanoid for customer service in Bengaluru. 159. Electoral Bonds can be purchased from A. Yes Bank specified branches of :

B. A. BOI

C. HDFC Bank B. PNB

D. ICICI Bank C. SBI

D. BOB

C. 4

160. FICCI is the largest and oldest apex D. 5 business organisation in India. The Head Office of FICCI is located at ______. 164. Which of the following bank plays an A. Mumbai important part in the Development Strategy of B. Chennai the Government of India?

C. Bengaluru A. SBI

D. New Delhi B. RBI

C. Imperial Bank of India

161. The RBI is authorized to issue notes with D. Government Bank face values of up to Rs ______and coins up to

Rs 1,000 rupees. 165. The period between 1906 and 1911 saw A. Rs 5000 the establishment of banks inspired by the B. Rs 10000 _____- movement.

C. Rs 15000 A. Home rule

D. Rs 20000 B. Swadesi

C. Angrejo Bharat Chhodo

162. The old series of ₹1,000 and ₹500 notes D. Independence were demonetized from midnight on which date? 166. From which year, Shaktikanta Das, who A. 8 November 2016 was the finance secretary with the B. 18 November 2015 Government of India, begins his journey as the new RBI Governor? C. 28 November 2017 A. 2019 D. 8 November 2017 B. 2018

C. 2017 163. How many banks were merged in 1921 to form the Imperial Bank of India? D. 2016

A. 2

B. 3

167. With the second round of nationalization, A. 2016 the Government of India controlled around B. 2018 how many percents of the banking business of India? C. 2017

A. 80% D. 2015

B. 91%

C. 79% 171. What is the upper limit of RTGS transactions? D. 100% A. Rs. 1 Lakh

B. Rs. 2 Lakh 168. Arundhati Bhattacharya became the first woman to be appointed Chairperson of the C. Rs. 5 Lakh which bank? D. There is no upper limit A. RBI

B. SBI 172. When was the C. HDFC incorporated?

D. ICICI A. 17 August 2016

Answer: B B. 1 July 2016

C. 1 April 2016

169. SBI acquired the control of seven banks in D. 7 January 2016 ______.

A. 1960 173. When did the regional rural banks start B. 1950 functioning in India?

C. 1970 A. 1975

D. 1980 B. 1947

C. 1953

170. In which year, The State Bank of Bikaner & D. 1960 Jaipur, , , and , and 174. The main food grain of India is _____. were merged with State Bank of India?

A. Rice A. Private Sector Banks

B. Wheat B. Consortium of Banks

C. Sugarcane C. Private Financial Institutions

D. Maize D. Chit Fund Companies

175. The ownership right of a company 179. Who among the following has resigned as remains ______. deputy governor of the Reserve Bank of India six months before the end of his term for A. with company directors “personal reasons”? B. with equity shareholders A. M. K. Jain C. with debenture holders B. Viral V. Acharya D. with the government C. B.P. Kanungo

D. N. S. Vishwanathan

176. What is needed for creating demand? 180. In which of the following year NEFT was A. Production introduced in India?

B. Price A. 2002

C. Income B. 2003

D. Import C. 2004

D. 2005

177. ‘PIN’ in Smart Card is called ______:

A. Permanent Index Number 181. Who prepares the national income estimates in India? B. Personal Identification Number A. Central Statistical Office C. Personal Index Number B. Finance Commission D. Permanent Identification Number C. Commerce and Industrial Ministry

D. Niti Ayog 178. The Securitization Act does not covers ______:

182. What is the current SLR?

A. 16.50 % 186. The nationalisation of RBI was done in ______. B. 20.15% A. 1949 C. 18.25% B. 1950 D. 18.00% C. 1951

D. 1952 183. First five-year plan in India was from ______.

A. 1947 – 1952 187. Where was the first mint established?

B. 1949 – 1954 A. Kolkata

C. 1950 – 1955 B. Hyderabad

D. 1951 – 1956 C. Mumbai

D. Bangalore

184. National Development Council was constituted on: 188. By which of the following NBFC are A. 2 August 1952 regulated?

B. 6 August 1952 A. RBI

C. 8 August 1952 B. Companies Act 2013

D. 12 August 1952 C. SEBI

D. NIFTY

185. The Central Office of the Reserve Bank Answer: C was initially established in Calcutta but was permanently moved to Mumbai in ______. 189. How many mints in India produce coins?

A. 1938 A. 3

B. 1937 B. 7

C. 1936 C. 6

D. 1939 D. 4

A. 1975

190. What is the highest rate of GST? B. 1970

A. 15% C. 1980

B. 12% D. 1977

C. 30%

D. 28% 194. Recently, State Bank of India has announced reduced 1-year marginal cost-based

lending rates by ______. 191. Who is elected as the President of the A. 5 bps Asian Development Bank (ADB)? B. 7.5 bps A. Takehiko Nakao C. 10 bps B. Jin Liqun D. 15 bps C. Tedros Adhanom

D. Masatsugu Asakawa 195. Recently, Reserve Bank has increased the

household income limits for borrowers of Non- 192. Which of the following bill is passed by Banking Financial Companies (NBFCs) and Parliament to set up a unified authority to microfinance institutions (MFIs) from 1 lakh to regulate all financial services in India? ______.

A. International Economic Services Centres A. Rs. 1.20 lakh Authority Bill, 2019 B. Rs. 1.25 lakh B. International Financial Services Centres C. Rs. 1.50 lakh Authority Bill, 2019 D. Rs. 1.75 lakh C. International Public Servants Authority Bill, 2019

D. International Financial Reorganisation 196. Where is the headquartes of Asian Centres Authority Bill, 2019 Development Bank?

A. Tokyo, Japan

193. The Seventh Economic Census is being B. Shanghai, China conducted nationwide and is expected to be C. Jakarta, Indonesia completed by March 2020. When the first Indian Economic Census was started? D. Mandaluyong, Philippines

C. Private Financial Institutions

197. Recently, Wal-Mart launched a co- D. Chit Fund Companies branded credit card in partnership with which bank? 201. Recently, India has announced India a line A. HDFC Bank of credit of approx ______as financial B. ICICI Bank assistance to Sri Lanka.

C. Citi Bank A. Rs. 4,450 crore

D. B. Rs. 3,230 crore

C. Rs. 7,854 crore

198. Ursula von der Leyen has taken charge as D. Rs. 800 crore the President of which of the following international organizations? 202. ‘AIBEA’ was recently in news what is the A. Asian Development Bank full form of ‘AIBEA’? B. United Nations A. Asia and India Bank Enterprenure Association C. World Bank B. All India Bank Employees Association D. European Union C. Agreement of Indian Bankers with Employees Association

199. In which of the following year NEFT was D. Article of Indian Bank Executive Association introduced in India?

A. 2002 203. Which of the following has tightened the B. 2003 rules around resignations of auditors from listed companies? C. 2004 A. SEBI D. 2005 B. RBI

C. Finance Commission 200. The Securitization Act does not covers ______: D. SBI

A. Private Sector Banks

B. Consortium of Banks 204. Which of the following is not comprised in India’s Foreign Exchange Reserves?

A. Foreign Currency Assets (FCAs) Answer: D

B. Gold holdings of RBI

C. Silver holdings of RBI 208. Recently, RBI has approved the merger of 13 District Cooperative Banks with state D. Special Drawing Rights (SDRs) cooperative banks of which state?

A. Kerala 205. Which of the following financial B. Odisha institutions conducts the auction of Treasury Bills of varying maturities? C. Karnataka

A. SEBI D. Tamil Nadu

B. Government of India

C. NABARD 209. The Institute of Chartered Accountants of India has signed an MoU with the ______to D. RBI offer technical training programs to employees of the government, nationals, and members of the organization. 206. On which day the Central GST and State GST authorities have organized a nationwide A. Cyprus Accountants and Auditors Association GST Stakeholder Feedback Diwas on New GST B. Saudi Arabia Accountants and Auditors Returns? Association A. 6th December C. Kuwait Accountants and Auditors B. 7th December Association

C. 5th December D. Abu Dabhi Accountants and Auditors Association D. 8th December

210. Which of the following has organized the 207. Recently, Bharosa Saving Accounts is Startup India Global Venture Capital Summit? launched by which of the following Payments Banks? A. Department for Promotion of Industry and Internal Trade A. Jio Payments Banks B. Government of Goa B. Aditya Birla Payments Banks C. Government of Punjab C. India Payments Banks D. A & B D.

committee on economic statistics (SCES), who is the head of the committee? 211. PNB MetLife India Insurance Company has partnered with which company to provide life A. Subramanian Swamy insurance to its customers by fuddling life B. Rajiv Kumar insurance covers on their loans? C. Arvind Panagariya A. HDFC Ergo D. Pronab Sen B. ICICI Prudential

C. Bajaj Finserv 215. Karnataka Vikas Grameena Bank (KVGB) D. RevFin signed a memorandum of understanding with which private company on solar lightening and livelihood solutions? 212. RBI launched ______Application for visually challenged people to Identify currency A. Deepa Solar Systems Pvt. Ltd denomination? B. Vikram Solar Pvt. Ltd A. RUPAY C. Loom Solar Pvt. Ltd B. MANI D. SELCO Solar Light Pvt. Ltd C. MONY

D. Chkfake 216. Finance Minister has launched which app for online auction of assets attached by banks?

213. Government of India has constituted a A. eSell seven-member Group of Minister (GoM) to B. eBaich infuse how much amount to revive state- owned telecom corporations BSNL and MTNL? C. eBkray

A. Rs 69000 crore D. eBay

B. Rs.79000 crore

C. Rs.50000 crore 217. Which Bank has launch OTP-based ATM cash withdrawal from January 1, 2020? D. Rs.70000 crore A. State Bank of India

B. Punjab National Bank 214. The Ministry of Statistics and Programme Implementation has set up a single standing C. Dena Bank

D. Syndicate Bank

221. Which state owned bank will get fresh capital of Rs. 2,153 crores from the Central 218. Federal Bank has partnered with online government? real estate platform ______for listing and e- auctioning of immovable properties A. Union Bank repossessed by the bank in recovery B. proceedings. C. Allahabad Bank A. Brigade Enterprises Ltd D. Punjab National Bank B. DLF Ltd

C. Housing Development and Infrastructure Ltd (HDIL) 222. The fund transfers through the NEFT system occur in how many batches? D. Magic Brick A. 6

B. 12 219. What is the amount Asian Infrastructure Investment Bank (AIIB) has announced for C. 16 irrigation and solar energy projects in India? D. 23 A. $210 million

B. $150 million 223. Nippon which acquires additional 21.54% C. $200 million stake in Reliance Nippon Life Asset Management is a company of which country? D. $500 million A. China Answer: A B. Russia

C. USA 220. The Reserve Bank of India (RBI) has increased the limits imposed on peer-to-peer D. Japan lenders to _____.

A. 10 lakh

B. 20 Lakh 224. RBI rejects merger of which two banks? C. 30 lakh A. Yes Bank and IndiaBulls D. 50 lakh B. Dhanlaxmi Bank and IndiaBulls

C. Yes Bank and Dhanlaxmi Bank A. Powered

D. Dhanlaxmi Bank and Edelweiss Broking B. Processing Limited C. Premier

D. Partnership 225. A Scheme for Promoting Innovation, Rural

Industry and Entrepreneurship (ASPIRE) will be implemented through which bank? 229. According to the International Monetary Fund (IMF), what will be the India’s economic A. SBI growth forecast ______for 2020? B. IDBI A. 5.5% C. SIDBI B. 5.9% D. BOB C. 7%

D. 6 1% 226. The SWIFT international payment network is one of the largest financial messaging systems in the world of USA, as equivalent to 230. What is the age range to be eligible for that CIPS is of which country? enrolling in NPS (National Pension Scheme)?

A. Russia A. 18-25

B. China B. 18-35

C. Japan C. 18-40

D. France D. 18-65

227. Bank of Baroda partnered with which 231. Which of the following agreement/accord state government to provide MSME loans? is related to baking reforms?

A. Maharashtra A. Vienna agreement

B. Andhra Pradesh B. Basel accord

C. Tamil Nadu C. Nagoya Protocol

D. Gujarat D. Cartagena Protocol

228. What does P stand for in STP?

232. What is the meaning of KYC in banking/financial sector? 236. The regulator for Mutual Funds in India is? A. Know Your Customer very well A. FIMMDA B. Know your existing Customer very well B. AMFI C. Know your prospective Customer very well C. RBI D. Satisfy yourselves about the customer’s D. SEBI identity and activities

237. If the Statuary Liquidity Ratio (SLR) is 233. What is full form of STT? increased, what will be the effect on Bank‘s A. Standard Transaction Tax credit situation?

B. Securities Transaction Tax A. It will be reduced

C. Securities Transfer Tax B. It will be increased

D. Standard Transfer Tax C. It will remain unaffected

D. All of the above

234. Which was the first Mutual Fund started in India ______? 238. Kisan Credit Cards (KCC) Scheme was A. SBI Mutual Fund formulated in the year-

B. HDFC Mutual Fund A. 1996

C. Kotak Pioneer Mutual Fund B. 1997

D. Unit Trust of India C. 1998

D. 2000

235. Where is the headquarters of Bureau of Indian Standards (BIS)? 239. What is the full form of “CIN” with respect A. Mumbai to OLTAs?

B. Kolkata A. Challan Identification Number

C. Bhubaneswar B. Challan Identification Notary

D. New Delhi C. Channel Identification Number

D. Challan Inventory Number A. Rs. 5000

B. Rs. 1000

240. The components of Tier-I capital of a C. Rs. 500 banking company include: D. Rs. 100 A. capital reserve representing surplus arising out of sale proceeds of assets 244. Reserve Bank of India has raised the B. paid-up capital, statutory reserves and other microloan limits to ensure a higher flow of disclosed free reserves, if any funds to the economically weaker section. The C. both A and B regulator has raised the household income limit for availing microloans while enhanced D. revaluation reserves, hybrid capital the lending limit to Rs ______lakh per instruments and subordinated term debt, eligible borrower from Rs 1 lakh earlier.

A. 1 lakh 241. Banking Regulation Act 1949, does not at B. 3 lakh all apply to- C. 7 lakh A. Nationalized banks D. 5 lakh B. Foreign banks having branches in India

C. Both A and B 245. RBI issued its first banknote in January D. Co-operative Banks 1938 bearing the portrait of George IV. What was its denomination?

242. A ______is a loan in which property A. Rs. 5 or real estate is used as collateral. B. Rs. 10 A. Mortgage C. Rs. 1 B. Assets D. Rs. 2 C. Balance Sheet

D. Ledger 246. Bank holidays under Section 25 of the Negotiable Instruments Act, 1881 are declared by? 243. Banknotes can be issued in any denominations but coins can be issued up to A. State Government for the respective State what denomination? B. Banking Operations Department

C. Central Government B. State Government

D. RBI C. Both A and B

D. None of the given options is true

247. The tax payer’s data flows directly from banks to Tax Information Network (TIN). Who 251. Consider these statements:- maintains TIN? Statement I: RBI decides the volume and value A. RBI of banknotes be printed. B. National Securities Depository Ltd Statement II: RBI decides the volume and value C. National Securities Defense Ltd of coins be minted.

D. Enforcement Directorate A. Both are true.

B. Both are false.

248. Which of the following is not included in C. Statement I is true, but statement II is false CAMELS? D. Statement I is false, whereas II is true A. Capital Adequacy and Asset Quality

B. Management and Earning Performance 252. The individual who is named in the C. Employees Performance cheque for getting the payment is known as?

D. Liquidity and Systems A. Payee

B. Drawee

249. When were banknotes in the Mahatma C. Drawer Gandhi Series introduced? D. Endorsee A. 1991

B. 1995 253. Which type of accounts is very popular C. 1996 among companies, firms, public enterprises, businessmen who generally have a higher D. 2000 number of regular transactions with the bank?

A. Term Deposit Account 250. Ways and Means advances are provided B. Saving Account by Reserve Bank of India only to- C. Current Account A. Central Government

D. All of the above B. The bank’s obligation to pay the value of banknotes does arise out of a contract but not

out of statutory provisions. 254. Capital adequacy is worked out based on? C. This obligation is neither due to a contract A. Total demand and time liabilities nor a statutory provision.

B. Net demand and time assets D. It means that to pay you the value, there is sovereign guaranty. C. Risk-weighted assets

D. Risk-weighted liabilities 258. What is the name of technology given to the recently introduced computerized clearance of cheques? 255. In which year does the Differential Rate of Interest Scheme was introduced? A. Automatic clearance

A. 1972 B. MICR

B. 1982 C. Speed line System

C. 1992 D. Special cleaning

D. None of these

259. To enforce law and order Government of India has many agencies. SFIO is one of them. 256.In which of the following types of banking, SFIO stands for there is a direct execution of transaction between a bank and its consumers? A. Serious Fraud Interrogation Office

A. Retail Banking B. Serious Fraud Investigation Office

B. Universal Banking C. Serious Feud Interrogation Office

C. Virtual Banking D. Serious Fraud Interrogation Ordinance

D. Unit Banking

260. MICR code is a 9-digit code that uniquely identifies the bank and branch participating in 257. What is the meaning of “I” promise to pay an ECS. What is full form of ECS? ‘clause written on notes? A. Electronic Clearing Service A. The bank’s obligation to pay the value of banknote does not arise out of a contract but B. Electronic Clearing Security out of statutory provisions C. Electronic Clearing Source

D. Electronic Clearing System A. It is used for customer identification

B. It is used against money laundering

261. Consider these statements:- C. It is used by the central bank to control liquidity Statement I: One rupee notes are the liability of GOI. D. Both A and C

Statement II: Two rupee note is the liability of RBI 265. When Reserve Bank intends to increase A. Both statements are true credit by the banking system, it

B. Both are false. A. Reduces the bank rate

C. Statement I is true, whereas II is false. B. Raises the bank rate

D. Statement I is false, whereas II is true. C. Freezes the bank rate

D. None of these

262. We can open a saving bank account in the sole name of a minor if he completes age of 266. Tagline of Bank of Baroda _____? A. Where India Banks A. 18 B. India’s International Bank B. 21 C. Relationships beyond Banking C. 10 D. None of these D. None of these

267. Normally banks accept fixed Deposits for a 263. In SNRR Account, SNRR stands for maximum period of: ______. A. 5 years A. Statutory Non Reflex Rupee B. 10 years B. Single Non Resident Rupee C. 20 years C. Special Non Resident Rupee D. None of these D. None of these

264. What is the purpose of KYC in banking?

268. ______is a short term and D. None of these unsecured promissory notes issued by corporations with very high credit standing? 272. Which was the first Mutual Fund started A. Demand draft in India ______? B Credit card A. Unit Trust of India C. Commercial Paper B. SBI Mutual Fund D. None of these C. HDFC Mutual Fund

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? 273. Kisan Credit Cards (KCC) Scheme was formulated in the year: A. Bank Rate (BR) A. 1996 B. Special Drawing Rights (SDR) B. 1997 C. Statutory Liquidity Ratio (SLR) C. 1998-99 D. None of these D. None of these

270. When was the Financial Market Department established by RBI? 274. When were banknotes in the Mahatma Gandhi Series introduced? A. May, 1999 A. 1991 B. Jan, 2000 B. 1995 C. July, 2005 C. 1996 D. None of these D. None of these

275.”Ways and Means” advances are provided 271. What is the full form of STT? by Reserve Bank of India only to: A. Standard Transaction Tax A. central Government B. Securities transaction tax B. State Government C. Securities transfer tax

C. Both A and B B. Partner’s Capital

D. None of these C. Paid up Capital

D. None of these

276. When a cheque is drawn on a bank, the bank is called the ______? 280. How many mints in India produce coins? A. Payee A. Four mints B. Drawee B. Two mints C. Drawer C. Three mints D. None of these D. None of these

277. Balance in a current account is classified 281. FIMMDA‘s general principles and as ______. procedures are applicable to ______? A. Hybrid Deposit A. Fixed Income Markets B Term Deposit B. Money Markets C. Demand Deposit C. Derivatives Markets D. None of these D. All of the above

278. For opening a new branch, a Regional 282. Cash Reserve Ratio (CRR) is to be Rural Bank requires ______. maintained on Net Demand and Time A. permission of NABARD Liabilities (NDTL). SLR is thus required to be maintained on ______? B. Approval of DRDA A. Total Demand and Time Liabilities C. RBI license B. Net Demand and Time Liabilities D. None of these C. Total Demand and Time Assets

D. None of these 279. Which of the following appears in the balance sheet of a company?

A. Authorized Capital 283. The main foreign exchange reserves in the country are:-

A. Foreign Currency assets 287. What is the full from of AMFI?

B. Gold Stock A. Association of Manual Funds in India

C. Special Drawing Rights B. Association of Mutual Funds in India

D. All of the above C. Action of Mutual Funds in India

D. None of these

284. Which of the following type of budgeting being used in India? 288. IFSC in a cheque means:- A. Balanced Budget A. Indian Financial System Code B. Zero bases Budget B. It has 11 digits alpha numeric C. Receipts Budget C. This code is used in remitting funds through D. All of the above RTGS and NEFT

D. All the above

285. The tax levied by Local Governments i.e. Municipal Corporations and municipalities is 289. Safe deposit locker – a product offered in ______. the Indian retail banking segment under: – A. Wealth Tax A. Retail loan products B. House Tax B. Retail deposit products C. Gift Tax C. Retail services D. None of these D. None of these

286. For which of the following bank account 290. New and re-issuable currency notes are there is no deduction of TDS? stored in ______maintained by the A. Saving Bank accounts banks as agents of Reserve Bank of India.

B. Recurring Deposit accounts A. Currency chests

C. Term deposit Accounts B. Treasuries

D. Both A & B C. Branches

D. None of these

291. Which of the following committees/ Task 295. The full form of BBPS is- Forces was set up to suggest reforms in A. Best Business Practice Banking Sector? B. Bharat Bill Payment Service A. Swaminathan Committee C. Bharat Bill Payment System B. Narasimham Committee D. None of these C. Rajinder Sachar Committee

D. None of these 296. Which committee recommended the

universal banking concept? 292. What is the full form of the term REITs? A. R H Khan Committee A. Regional Estate Innovation Trusts B. S Padmanabhan Committee B. Real Estate Investment Trusts C. YH Malegam Committee C. Restructured Estate Investment Trusts D. None of these D. None of these

297. Reserve Bank of India was nationalized 293. Entry Load is a term associated with which in:- of the following? A. 1947 A. Startups B. 1949 B. Mutual Funds C. 1948 C. Shipping D. None of these D. None of these

298. Which is the first Indian company to be 294. What is the headquarters of Canara Bank? listed in NASDAQ?

A. Mangalore A. TCS

B. Bengaluru B. HCL

C. Chennai C. Infosys

D. None of these D. None of these

(MCLR) by 10 basis points across all one-year products? 299. Monetary Policy of RBI does not include ______? A. Punjab National Bank

A. Control the Supply of Money B. State Bank of India

B. Reduction of taxes C. Allahabad Bank

C. Fixation of rate of interest (least in some D. Axis Bank categories)

D. Fixation of Repo rate and Reverse Repo rate 303. The Securities and Exchange Board of India (SEBI) has doubled the minimum investment limit for clients of Portfolio 300. National Council of Applied Economic Management Services to ______. Research (NCAER) is located in ______A. Rs 40 lakh A. Mumbai B. Rs 50 lakh B. New Delhi C. Rs 80 lakh C. Chennai D. Rs 100 lakh D. None of these

304. Which of the following became the first

company to list its commercial papers on the 301. Which financial company has launched stock exchanges? India’s first corporate bond exchange-traded A. Bajaj Finserv fund (ETF), called the Bharat Bond ETF? B. American Express Bank Ltd. India A. Edelweiss Asset Management Company (AMC) C. Aditya Birla Finance Ltd (ABFL)

B. Mahindra & Mahindra Financial Services D. Edelweiss Securities Ltd Limited

C. Muthoot Finance Ltd 305. Name the Non-Banking Finance Company D. HDB Financial Services (NBFC) which has acquired the Mutual Fund (MF) business worth Rs. 215 crores of IDBI

Bank? 302. Which Bank has announced the reduction A. Muthoot Finance in its marginal cost of fund-based lending rate

B. Bajaj Finserv Ltd. B. 2015-16

C. Mahindra & Mahindra Financial Services C. 2016-17 Limited. D. 2017-18 D. Power Finance Corp

309. ICICI Lombard has been partnering with which Payments Bank to offer non-life insurance solutions to its customers? 306. On November 20, 2019, the Union Cabinet has approved the strategic disinvestment for A. Airtel Payments Bank how many Central Public Sector Enterprises? B. India Post Payments Bank A. Four C. Fino Payments Bank B. Five D. C. Six

D. Seven 310. For which state’s integrated and Sustainable Water Resources Management Investment Program the Government of India 307. On 20th November 2019, the Reserve has signed USD 91 million loans with Asian Bank of India (RBI) has superseded the board Development Bank (ADB)? of which of the following housing finance companies as it “intends to shortly” initiate the A. Haryana process of insolvency? B. Karnataka A. Dewan Housing Finance Corporation Limited C. Tamil Nadu (DHFL) D. Gujarat B. HDFC Housing Finance

C. Indiabulls Housing Finance Limited 311. In which of the following ports of India the D. L&T Housing Finance Limited world’s first CNG terminal will come?

A. Kandla, Gujarat 308. The Ministry of Statistics and Programme B. Bhavnagar, Gujarat Implementation (MOSPI) is considering changing of base year for GDP calculation from C. Vishakhapatnam, Andhra Pradesh 2011-12 to ______D. Kochi, Kerala A. 2014-15

312. As per the Sample Registration System A. Moody’s Investors Service (SRS) Bulletin-2016, released on November 07, B. Standard & Poor’s 2019, the Maternal Mortality Ratio (MMR) in India has decreased by _____ since 2013. C. Fitch Ratings

A. 21. 5% D. CRISIL

B. 23.8%

C. 26.9 % 316. The Reserve Bank of India (RBI) has imposed a fine of Rs 5 lakh on which prepaid D. 29.9% payment instrument?

A. Paytm 313. The Reserve Bank of India has increased B. Mobikwik the household income limits for borrowers of Non-Banking Financial Companies (NBFCs) and C. Oxygen Services microfinance institutions (MFIs) from 1 lakh to ____. D. Vodafone M-Pesa Limited

A. 1.25 lakh rupees.

B. 1.50 lakh rupees. 317. Name the product that has been allocated a separate Harmonized System (HS) code by C. 1.75 lakh rupees. the Union Government to give an impetus to the export of it? D. 2.00 lakh rupees. A. Gems & Jewelry

B. Vehicles 314. Which of the following insurance companies has launched ‘Farmitra’ mobile C. Khadi app? D. Pharmaceuticals A. Company Limited

B. United India Insurance Company 318. Which of the following Small Finance C. Life Insurance of India Banks has launched an instant digital savings account (SA) along with Fixed Deposit (FD) and D. Bajaj Allianz General Insurance Privilege Savings Account to offer distinctive banking and digital services to its customers?

315. Which of the following rating agencies has A. Janalakshmi Small Finance Bank lowered the outlook on the government of B. Equitas Small Finance Bank India’s ratings to ‘negative’ from ‘stable’?

C. A U Small Finance Bank D. Banc assurance

D. Ujjivan Small Finance Bank

322. ______is the rate of interest on which banks base their lending rates. Usually loans 319. Name the Application unveiled by the are given at a rate higher than the this rate and Finance Minister Nirmala Sitharaman that will saving rate is below the this rate facilitate hassle-free and faster clearance by Customs at the airports and enhance the A. Base Rate experience of international tourists and other B. Repo Rate visitors at the airports? C. Bank Rate A. ICEDASH D. Reverse Repo rate B. ATITHI

C. AGANTUK 323. ______is an account that can be D. AGAMAN opened generally for business purposes with no restrictions on withdrawals and no interest paid 320. Name the insurance firm which has received the in-principle approval from A. Current Account insurance regulator IRDAI to act as a direct B. Savings Account insurance broker? C. Fixed Deposit Account A. Aditya Birla Sun Life Insurance Co. Ltd. D. Demat Account B. Health Insurance Company Limited

C. Acko General Insurance 324. What is the purpose of SIDBI? D. BSE-Ebix Insurance Broking Pvt Ltd A. To provide short term lending to industries

B. To provide refinance facilities 321. ______is the distribution of insurance products and the insurance policies C. To develop MSME sector of insurance companies by banks as corporate agents through their branches D. All of the above

A. Insurance Answer: D

B. Cross Selling

C. Mutual Funds 325. ______is the amount of funds that a bank keeps with the Reserve Bank of India

A. Cash Reserve Ratio

B. Repo Rate 329. In EPL, “L” stands for ______

C. Reverse Repo Rate A. Level

D. Base Rate B. Liability

C. Letter

326. ______is a loan that is made for a very D. Limited short period of a few days only with a low rate of interest 330. UNL stands for ______A. Commodity Money A. Ultimate Net Loss B. Plastic Money B. Universal Net Loss C. Notice Money C. Uninsured Net Loss D. Call Money D. Unexpected Net Loss

327. ______are loans given by a bank on which repayments or interest payments are not being made on time 331. India’s total foreign exchange (Forex) A. Bad Assets reserves stand at around US$453 billion as on 06 December 2019. The Foreign exchange of B. Return Assets India is kept with ______C. Non Performing Assets A. SBI D. Good Performing Assets B. ECGC

C. RBI 328. ______is the amount of Funds D. NABARD borrowed by the government to meet the expenditures.

A. Capital Deficit 332. Which of the following instruments is not a Negotiable Instrument, as per NI Act, 1881? B. Fiscal Deficit A. Bills of Exchange C. Current Account Deficit B. Letter of credit D. Current Loan

C. Bank Draft on maturity with interest, the deposit is known as-? D. Promissory Notes A. demand deposit

B. term deposit 333. Deposits under Foreign Currency Non- Resident (FCNR) scheme can be accepted for a C. bond minimum of ______D. mortgage A. 15 days

B. 3 months 337. Which of the following public sector banks C. 6 months has celebrated it centenary year in 1965?

D. 1 year A. Central Bank of India

B. Allahabad Bank

334. One of the State Government avails of a C. State Bank of India temporary financial assistance from Reserve D. Bank of India. This type of finance is called ______?

A. Overdraft 338. The primary function of a central co- operative bank is-? B. Temporary loan A. to channelize the flow of funds from the C. Short term finance State cooperative banks D. Ways and Means advance B. mobilize the resources in the district for financing its members to the maximum extent possible 335. Which of the following forms of securing a loan is the safest one? C. funds of the bank consist of share capital, deposits, loans and overdrafts from state co- A. Lien operative banks and joint stocks. B. Assignment D. All of the above C. Pledge

D. Hypothecation 339. Which of the following Bank in 2012 has celebrated its 30th year of continuous service?

336. When banks accept a fixed sum of money A. RBI from an individual for a definite term and pay

B. SIDBI 343. Department of Economic Affairs is part of which of the following Ministry? C. Central Bank of India A. Ministry of Home Affairs D. NABARD B. Ministry of Planning

C. Ministry of Finance 340. Which of the following organizations/agencies works solely to monitor D. Ministry of Heavy Industries & Public and arrange flow of agriculture credit in India? Enterprises

A. NABARD

B. SIDBI 344. The currency notes of which of the following denominations are not printed in C. RBI India? D. SEBI A. Rs 5

B. Rs 10 341. The RBI has decided to stop circulation of C. Rs 50 the coin of which of the following denominations from June 2011? D. Rs 2,500

A. 50 paise

B. Rs 1 345. Union Budget which is presented every year in the parliament is also known as-? C. Rs 2 A. Government Budget D. 25 paise B. Common Budget

C. General Budget 342. Insurance companies in India are regulated by-? D. Finance Report of the year

A. RBI

B. AMFI 346. Basel Norms are associated with –

C. SEBI A. Share Market

D. IRDAI B. Banking

C. Insurance

D. Medical

C. Its gross production

347. How Many Countries is the member of D. Its per capita income World Bank?

A. 164 351. The holidays for the banks are declared B. 189 according to which act?

C. 193 A. Reserve Bank Act

D. 194 B. Companies Act

C. Banking Regulation Act

348. If there is a lack of money supply in D. Negotiable Instrument Act comparison to the supply of goods and services, then the possible consequence would be ______. 352. What do you mean by a non-performing asset? A. Inflation A. An asset that ceases to generate income B. Deflation B. Money at call and short notice C. Devaluation C. Cash balance with other banks D. Hyperinflation D. Cash balance with RBI

349. Marginal cost is dependent upon______. 353. What is the Minimum Capital Requirement to open Small Finance Banks? A. Only fixed cost A. 200 Crore B. Only variable cost B. 500 Crore C. Both fixed cost and variable cost C. 300 Crore D. All the above D. 100 Crore

350. The best indicator of economic development of any country is ______. 354. RBI has imposed banking restrictions on PMC bank in September. What is the full form A. Its agriculture of PMC? B. Its transport

A. Punjab and Madhya Pradesh Co-operative 358. “Pure Banking Nothing Else” is a tagline of Bank which Bank?

B. Pune and Mumbai Co-operative Bank A. ICICI Bank

C. Pune and Madhya Pradesh Co-operative Bank B. UTI Bank

D. Punjab and Maharashtra Co-operative Bank C. SBI Bank

D. HDFC Bank

355. How much additional installment of Dearness Allowance and Dearness Relief has 359. Disinvestment means- approved by the Union Cabinet? A. To reduce the government shares in the A. 6 % private sector. B. 7 % B. To reduce government share in the FDI. C. 5 % C. To reduce government share in Market. D. 4 % D. To reduce the government shares in the public sector.

356. Foreign Exchange Regulation Act (FERA) of 1947 was subsequently replaced ______. 360. Economic planning is an important feature A. 1978 of ______.

B. 1950 A. Mixed Economy

C. 1984 B. Socialist Economy

D. 1973 C. Dual Economy

D. Capitalist Economy

357. Which country is the world’s largest consumer of almonds? 361. PAN number is required for all A. China transactions above-

B. Spain A. Rs. 2.5 lakh

C. United State B. Rs. 10 lakh

D. Vietnam C. Rs. 2 lakh

D. None of these

C. State Bank of India

362. Mutual Fund Scheme that operates D. None of these continuously without any limit entry for subscriptions and redemption is- 366. 1936, the issued/paid-up capital of a A. Close Ended should be – B. Open-Ended A. Rs. 5 lakh C. Mixed Fund B. minimum Rs 25 lakh and maximum Rs 100 D. None of these lakh

C. Rs. 80 lac

363. Banking Industry has been declared as D. None of these public utility service for purpose of

A. Reserve bank of India Act, 1934 367. An account which is maintained by B. Banking Regulation Act, 1949 depositing undistributed parts of profit for future needs is known as ______C. Industrial Disputes Act A. Savings Account D. None of these B. Current Account

C. Reserve Account 364. At Present, What is the maximum amount that a payment bank can accept from a D. None of these depositor?

A. Rs.5 lakhs 368. Goods and Service Tax, would replace B. Rs.1 lakh which of the following taxes levied at present?

C. Rs.2 lakhs A. Capital gains tax

D. None of these B. Corporate tax

C. Value-added tax

365. Foreign exchange reserves of India are D. None of these kept in the custody of which of the following?

A. International Bank for Reconstruction and 369. Where is the headquarter of the Insurance Development Regulatory and Development Authority B. Reserve Bank of India (IRDA)?

A. Hyderabad 373. Which committee is heading the conversion of Urban Cooperative Banks into B. Bangalore Regular Banks? C. Mumbai A. R Gandhi D. None of these B. Urjit R. Patel

C. H R Khan 370. Which of the following is a financial ratio D. None of these that gives a measure of a company‘s ability to meet its financial losses?

A. Cash Reverse Ratio 374. Which of the following is not the function of Payment bank? B. Leverage Ratio A. Issue of ATM /Debit card C. Statutory Liquidity Ratio B. Issue of Credit Card D. None of these C. Accepts Deposits

D. None of these 371. IFSC in a cheque means:

A. Indian Financial System Code 375. When the conversion rate of our currency B. It has 11 digits alphanumeric goes high in compared to other currency, it is C. First 4 digits represent Bank Name known as-

D. All the above A. Rupee Devaluation

B. Rupee Demodulation

372. The announcement of Bank holidays on C. Rupee Depreciation 2nd and 4th Saturday will be effective from- D. None of these A. 31st August 2015

B. 1st September 2015 376. NEFT is useful because:- C. 30th August 2015 A. The remitter need not send the physical D. None of these 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 C. Personal Disposable

D. None of these

377. Maximum age for retirement for MD/CEO of all private banks is______381. Choose the correct pair which comes A. 70 under LAF –

B. 65 A. CRR and SLR

C. 60 B. Repo rate and Reverse Repo Rate

D. None of these C. Base rate and MCLR

D. CRR and Repo Rate

378. What does AGM stand for in business?

A. American General Meeting 382. Government issues securities to maintain money flow and to raise short term funds B. Academic General Meeting which one is not government security? C. Annual General Meeting A. Treasury Bills D. None of these B. Dated Government Securities

C. Commercial Papers 379. Which among the following is at times D. Sovereign Gold Bond mentioned as a kind of Direct Debit Facility?

A. RTGS 383. How much FDI is permitted for E- B. ECS commerce sector in India? C. NEFT A. 49% D. None of these B. 51%

C. 100% 380. Which term refers closure of the loan D. 26% account prior to the tenure fixed for the account?

A. Pre Approved 384. If a bank is not able to recover its loan and advances it is called: B. Pre Closure A. Market Risk

B. Distribution Risk A. Photographs

C. Operational Risk B. Birth Certificate

D. Credit Risk C. Address Proof

D. Identity Proofs

385. In context with RBI, OLTAS was introduced in which year? 389. The highest denomination note ever A. 2000 printed by the Reserve Bank of India was-

B. 2002 A. 1000

C. 2004 B. 5000

D. 2006 C. 10000

D. 20000

386. MICR code is a 9 digits numeric code, it represents: 390. Which country is the second-largest A. Bank, City, Branch mobile phone producer in the world?

B. City, Bank, Branch A. USA

C. Branch, Bank, City B. China

D. Branch, City, Bank C. Indonesia

D. India

387. NDRF stands for:

A. National Disaster Rescue Force

B. National Disaster Response Federation 391. What is the main objective of Minimum Support Price? C. New Disaster Rescue Force A. Check fall in price beyond a limit. D. National Disaster Response Force B. Protect the interest of the consumers.

C. Make procurement from the wholesalers 388. RBI issued guidelines to Know Your easy. Customer (KYC), which is not a necessary document to complete KYC? D. All are true

D. Axis Bank

392. What is the maximum deposit limit that can be made in a PPF account in any given 396. How many countries is the member of financial year? United Nation? A. Rs.50, 000 A. 194 B. Rs.1.0 lakhs B. 169 C. Rs.1.5 lakhs C. 193 D. Rs.2.0 lakhs D. 189

393. Where is the Headquarters of UCO Bank? 397. What does letter ‘L’ denotes in CAMELS A. Mumbai ratings?

B. Kolkata A. Leverage

C. Chennai B. Liability

D. New Delhi C. Liquidity

D. Lien

394. Which country is not a member of “ASEAN”? 398. If Reserve Bank of India reduces the Bank A. Australia Rate, what will be its impact?

B. Canada A. Liquidity decrease

C. Indonesia B. Liquidity increase

D. A and B C. No change in liquidity

D. All of these

395. Which entity has surpassed State Bank of India (SBI) for the first time, in terms of market 399. Wholesale Banking is a banking service capitalization? between ______and other financial A. Bajaj Finance Ltd institutions.

B. ICICI Bank A. Foreign banks

C. HDFC Bank B. Local banks

C. Merchant banks A. January 2020

D. Central banks B. November 2019

C. December 2019

400. Which of the following measures the D. April 2020 efficiency of the current assets and liabilities in a particular period? 404. Which bill is not accepted under the A. Liquidity Ratio Bharat Bill Payment system (BBPS)? B. Activity Ratio A. Telecom Bills C. Solvency Ratio B. Electricity D. Profitability Ratio C. Gas

D. Prepaid recharges 401. The ownership right of a company remains ______. 405. The Securitization Act does not covers A. with company directors ______: B. with equity shareholders A. Private Sector Banks C. with debenture holders B. Consortium of Banks D. with the government C. Private Financial Institutions

D. Chit Fund Companies 402. NEFT was in news recently, what does ‘E’ stands for ______. 406. Name the stock exchanges, which have A. Equity received permission from the Securities and B. Electronic Exchange Board of India (SEBI) to operate jointly in Gujarat International Finance Tec C. Economic (GIFT) City under the proposed programme D. Exchange ‘Connect’.

A. National Stock Exchange (NSE) and the Singapore Exchange (SGX) 403. From when, Reserve Bank of India (RBI) has decided to allow the National Electronic B. Shanghai Stock Exchange (SSE) and the Funds Transfer (NEFT) services to be active National Stock Exchange (NSE) 24×7?

C. New York Stock Exchange (NYSE) and the C. Personal Index Number Singapore Exchange (SGX) D. Permanent Identification Number D. (BSE) and National

Stock Exchange (NSE) 411. In which year, ICICI Ltd along with UTI had

set up CRISIL as India’s first professional credit 407. Where is the headquarters of Corporation rating agency? Bank? A. 1980 A. Allahabad B. 1987 B. New Delhi C. 1990 C. Mumbai D. 2000 D. Mangalore

412. The was the first private 408. What is the tagline of Indian Bank? sector bank in India, founded in 1899 by Rao Bahadur T.M. Appu Nedungadi in ______. A. Your own bank A. Tamilnadu B. One family, one bank B. Kerala C. Good people to grow with C. Madhya Pradesh D. Your trusted bank D. Odisha

409. What is needed for creating demand? 413. Book “The Problem of the Rupee – Its A. Production origin and its solution” is written by ______. B. Price A. Dr. Rajendra Prasad C. Income B. Dr. B. R Ambedkar D. Import C. Hilton Young

D. Manmohan Singh 410. ‘PIN’ in Smart Card is called ______:

A. Permanent Index Number 414. Which bank is not regulated by RBI? B. Personal Identification Number A. State Bank of Sikkim

B. Punjab and Sind Bank A. M. K. Jain

C. Central Bank of India B. Viral V. Acharya

D. None of these C. B.P. Kanungo

D. N. S. Vishwanathan

415. When was the India Post Payments Bank incorporated? 419. In which of the following year NEFT was A. 17 August 2016 introduced in India?

B. 1 July 2016 A. 2002

C. 1 April 2016 B. 2003

D. 7 January 2016 C. 2004

D. 2005

416. When did the regional rural banks start functioning in India? 420. Which act has been replaced by the A. 1975 Consumer Protection Bill, 2019 that seeks to establish authorities for timely and effective B. 1947 administration and settlement of consumer C. 1953 disputes?

D. 1960 A. Consumer Protection Act, 1984

B. Consumer Protection Act, 1985

417. The main food grain of India is _____. C. Consumer Protection Act, 1986

A. Rice D. Consumer Protection Act, 1987

B. Wheat

C. Sugarcane

D. Maize 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. 418. Who among the following has resigned as deputy governor of the Reserve Bank of India A. 5,500 crore six months before the end of his term for “personal reasons”? B. 5,800 crore

C. 6,000 crore A. 2 Lakh

D. 5,559 crore B. 2.5 Lakh

C. 3 Lakh

422. Export-Import Bank (Exim Bank) of India D. 4 Lakh has given a _____ line of credit to Cuba for financing 75 MW Photovoltaic Solar Parks. 426. Which of the following institutions has A. 65 million agreed to provide $100 million to India’s B. 75 million National Investment and Infrastructure Fund’s (NIIF) that aims to raise about $1 billion to C. 85 million invest in up to 10 private equity funds? D. 95 million A. International Finance Corporation (IFC)

B. New Development Bank (NDB) 423. According to the International Monetary C. Asian Infrastructure Investment Bank (AIIB) Fund (IMF), what will be the India’s economic growth forecast ______for 2020? D. Asian Development Bank (ADB)

A. 5.5% Answer: B

B. 5.9%

C. 7% 427. For which urban cooperative bank account holders the Reserve Bank of India (RBI) has D. 6.1% restricted the cash withdrawals up to Rs. 35,000?

424. What is the age range to be eligible for A. Apna Sahakari Co-Op Bank Ltd enrolling in NPS (National Pension Scheme)? B. Mercantile Co-Op Bank A. 18-25 C. Sri Guru Raghavendra Sahakara Bank B. 18-35 D. Nutan Nagarik Sahakari Bank C. 18-40

D. 18-65 428. Who among the following has been appointed as the fourth deputy governor of the Reserve Bank of India? 425. What is increased coverage amount of the ‘Micro Bachat’ plan which was earlier 1 lakh? A. Rabi N. Mishra

B. Michael Patra D. Rs. 10,000

C. Deepak Kumar Mohanty

D. M. Rajeshwar Rao 432. The fund transfers through the NEFT system occur in how many batches?

A. 6 429. Who among the following has acquired DHFL General Insurance for around Rs 100 B. 12 crore? C. 16 A. Kapil Wadhawan D. 23 B. Sachin Bansal

C. Vijay Shekhar Sharma 433. On December 11, 2019, Asian D. Ritesh Agarwal Development Bank (ADB) has lowered India’s Gross Domestic Product (GDP) growth forecast

to ______from 6.5% of previous estimate for 430. Multimodal supply chain solutions the current financial year-FY 2019-20. provider GEFCO has signed a five year deal A. 5.6% with which company to strengthen its Digital Transformation worldwide? B. 5.3 %

A. Wipro C. 5.1%

B. TCS D. 5.8%

C. Infosys

D. HCL 434. Which of the following Public Sector Companies has signed a memorandum of

understanding (MoU) with Saudi Aramco for 431. The Reserve Bank of India (RBI) will now the development of Micro, Small and Medium allow consumers to give an e-mandate for Enterprises (MSME) sector in India in Oil & Gas recurring payments made through Unified Sector? Payments Interface (UPI). The limit on such A. Oil and Natural Gas Corporation recurring transactions has been set at ______. B. Hindustan Petroleum A. Rs. 2000 C. Indian Oil Corporation Limited B. Rs. 4000 D. National Small Industries Corporation C. Rs. 15,000 Limited

435. Which financial service company has 438. Which General Insurance Company has partnered with Thailand Tourism Authority launched my: health Woman Suraksha policy? (TAT) to tap more tourists from India & enable A. ICICI Prudential digital payments? B. Life Insurance Corporation A. Mastercard C. HDFC ERGO B. Visa Inc D. SBI LIFE C. RuPay Card

D. American Express 439. As per the new guidelines of the Reserve

Bank of India for ‘on tap’ licensing of Small 436. On which of the following banks the Finance Banks (SFBs) in the Private Sector, Reserve Bank of India has imposed a monetary what is the minimum paid-up capital for penalty of Rs. 1.50 crore for non-compliance setting up an SFBs? with certain provisions of directions issued by A. 100 crore RBI? B. 150 crore A. Bank of Baroda C. 200 crore B. Canara Bank D. 250 crore C. Union Bank

D. 440. Which lending platform has entered into a

co-origination agreement with the State Bank 437. The RBI expanded the scope of the SNRR of India (SBI) to provide widened credit account by permitting non-residents to open outreach and faster disbursal? such accounts for rupee-denominated overseas A. Early Salary Pvt Ltd borrowings, trade credit and trade invoicing for popularizing cross-border transactions in the B. Indiabulls Housing Finance Ltd domestic currency. What does ‘S’ stand for in SNRR? C. Home credit India

A. Special D. U GRO Capital

B. Succession

C. Security 441. The Difference between Gross Domestic Product and Net Domestic Product is D. Subsidy

A. Net Indirect Tax (Indirect Tax Subsidy)

B. Consumption of fixed Capital 445. In which of the following accounts, operation by cheques is permitted? C. Net Capital Formation A. Savings bank accounts and floating loan D. None of these accounts

B. Savings bank accounts and cash accounts 442. Where is the headquarter of the Asian C. Savings banks accounts and current accounts Development Bank (ADB) located? D. None of these A. Manila

B. Singapore 446. The primary function of a central co- C. China operative bank is to – D. None of these A. mobilize the resources in the district for financing its members to the maximum extent possible 443. Travellers Cheque is______. B. to channelize the flow of funds from the co- A. A certificate issued by a bank or finance operative banks institution in lieu of cash C. Either A or B B. A cheque issued by a bank or financial institution which functions as a bond D. Both A & B

C. A prepaid instrument issued by a bank or financial institutions which can be a substitute 447. The main foreign exchange reserves in the of cash country are: – D. None of these A. Foreign Currency assets

B. Gold Stock 444. What is the objective of the introduction C. Special Drawing Rights of ‘Marginal Standing Facility’ by RBI? D. All of the above A. To contain volatility in the overnight inter- bank rates

B. To contain volatility in MIBOR 448. Which of the following Acts has especially been enacted to help banks deal with bad C. To contain volatility in LIBOR loans? D. None of these

A. SARFAESI Act

B. Companies Act 452. Which among the following types of account can be opened under NRO? C. Offshore Banking Act A. Term Deposit D. None of these B. Recurring

C. Savings 449. What does FSDC stand for? D. Current A. Financial Security and Development Council

B. Financial Stability and Development Council ______is known as the difference C. Fiscal Security and Development Council between the outflow and inflow of foreign D. None of these currency:

453. A. Current Account Deficit

450. Which of the following fall under the B. Fiscal Deficit qualitative method of credit control adopted C. Foreign Exchange Reserves by the Reserve bank of India? D. Balance of Payments A. Selective credit control

B. Moral suasion 454. Bank branches are established under C. Credit authorization scheme ______of Banking Regulations Act, D. All the above 1949.

A. Section 20

B. Section 21

451. Mixed Banking is the system in which C. Section 22 banks undertake activities of ______and D. Section 23 investment banking together.

A. Commercial 455. National Housing Bank (NHB), a wholly B. Personal owned subsidiary of Reserve Bank of India C. Retail (RBI), was set up under the______.

D. Cooperative A. National Housing Bank Act, 1985

B. National Housing Bank Act, 1986

C. National Housing Bank Act, 1987 A. When a government’s total expenditures exceed the revenue that it generates, excluding D. National Housing Bank Act, 1988 money from borrowings.

B. When a government’s total expenditures 456. What is the full form of ICICI bank? goes below the revenue that it generates, excluding money from borrowings. A. Industrial Credit and Investment Corporation of India C. When a government’s total savings exceed the revenue that it generates, excluding money B. Investment Credit and Industrial Corporation from borrowings. of India D. When a government’s total savings goes C. Industrial Corporation and Investment Credit below the revenue that it generates, excluding of India money from borrowings.

D. Investment Corporation and Industrial Credit of Indiar 460. Currency Chest is the property of :

A. State Bank of India 457. What is D in BSBDA? B. Government of India A. Drawee C. Reserve Bank of India B. Drawer D. None of these C. Deposit

D. Debit 461. Which of the given statements is not correct?

458. What is the minimum number of free A. Banks can accept interest-free deposits in withdrawals through ATMs in BSBDA? current and recurring deposit accounts

A. 5 B. Loss making banks can make donations up to Rs.5 lakh only in a financial year B. 4 C. Banks can pay interest on savings bank C. 2 accounts at quarterly or longer rests D. 3 D. A bank may provide differential rates of interest in savings account above Rs 1 lakh

459. A fiscal deficit occurs

462. Identical prices prevail in which type of D. market system?

A. Oligopoly 466. The excess of total revenue expenditure B. Monopolistic competition of the government over its total revenue receipts is known as______C. Monopoly A. Revenue Deficit D. Perfect Competition B. Money Deficit

C. Fiscal Deficit 463. Which of these is not a type of Prepaid Payment Instruments (PPI)? D. Primary Deficit

A. Paytm Wallet

B. Rupay Card 467. Which among the following is the largest stock exchange in the world? C. Gilt-edged securities A. Tokyo Stock Exchange D. Amazon Gift Card B. New York Stock Exchange

C. Shanghai Stock Exchange 464. Zero-based budgeting (ZBB) is a method of budgeting in which all expenses must be D. Hong Kong Stock Exchange justified and approved for each new period.

The ZBB concept was introduced in which country? 468. Devaluation of a country’s currency ______A Germany A. Encourage import B. United States B. Discourage export C. Switzerland C. Encourage export D. United Kingdom D. Both A & C

465. The ING Vyasa Bank has merged with which among the following banks? 469. The head quarter of the IndusInd Bank Limited is in which city? A. Axis Bank A. Mumbai B. Bank of India B. Chennai C. Punjab National Bank

C. Kochi (FPIs) to invest in Government securities (VRR Govt)? D. Noida A. Rs 40,000 crores

B. Rs 20,000 crores 470. MMTC-PAMP India is first and only refinery in India to be accredited by LBMA for C. Rs 35,000 crores Gold and Silver. What does LBMA stands for? D. Rs 45,000 crores A. Los Angeles Bullion Market Association

B. Las Vegas Bullion Market Association 474. How many Domestic Systemically C. Lausanne Bullion Market Association Important Banks (D-SIBs) are currently identified by RBI? D. London Bullion Market Association A. one

B. two 471. How many countries are the members of the World Bank currently? C. five

A. 192 D. three

B. 190

C. 189 475. The USD/INR Buy/Sell swap auction tool has been introduced by the RBI for______D. 185 A. Financial performance

B. Cash management 472. Ravneet Gill has taken over as the MD- CEO of which bank? C. Liquidity management

A. Axis Bank D. Bank performance

B. Yes Bank

C. Kotak Mahindra Bank 476. The YONO App of SBI will help customers withdraw money from ATM without the need D. DBS Bank of card. What will be the maximum number of transaction that a person can make in a day using this facility? 473. What shall be the aggregate investment limit under the ‘Voluntary Retention Route’ A. three (VRR) scheme for Foreign Portfolio Investors B. two

C. one

D. no limit 480. David R. Malpass is the current President of which organisation?

A. World Economic Forum 477. SBI has announced to use the repo rate of RBI as a benchmark to set the savings deposit B. World Bank interest rates and interest rates for short-term C. International Monetary Fund loans. However, the savings accounts with amount less than ______will be D. United Nations exempted from this new rate

A. Rs 1 lakh 481. Expand “FINO”: B. Rs 50,000 A. Fiscal Information Network Organization C. Rs 2 lakhs B. Financial Initiative for Network Operations D. Rs 1.5 lakhs C. Financial Information Network operation ltd

D. None of the above 478. The One Nation, One Card for transport mobility was officially launched in which city of India by PM Modi? 482. Expand “NEFT” A. Visakhapatnam A. National Emergency Fund for Traders B. Varanasi B. National Electronic Fund Transfer C.Ahmedabad C. National Emergency Fund Transfer D. Lucknow D. National Electronic Financial Trusts

479. Which among the following banks has 483. Banking Ombudsman” means a person : won the Best Bank Award from the Tamil Nadu government for meeting the needs of women’s A. appointed to settle the dispute between self-help groups (SHGs)? employee and management

A. Allahabad Bank B. to whom the customer can approach for redressal of his grievances B. Punjab National Bank C. appointed to recover dues from defaulting C. Bank of Baroda borrowers D. Indian Bank

D. all of the above C. Banking Regulation Act, 1949

D. Industrial Disputes Act

484. Bid – Ask Price is:

A. quotation of the foreign currency 488. Cash drawings under Kisan cards can be permitted at: B. rate at which the traders bid for foreign currency A. designated branches

C. rate at which the traders ask for foreign B. at issuing branches currency C. all branches D. none of the above D. none of these

485. Hundi is a: 489. Which section of Banking Regulation Act A. Draft 1949 give Power to the Reserve Bank to give directions? B. Cheque A. Section 42 C. Bill of Exchange B. Section 42A D. Promissory Note C. Section 47

D. Section 35A 486. The right of set-off customers account can be exercised only by:

A. Creditors 490. Currency Chest is the property of :

B. Debtors A. State Bank of India

C. Banker B. Government of India

D. Customer C. Reserve Bank of India

D. None of these

487. Banking Industry has been declared as public utility service for purpose of: 491. Urban Co-operative Banks (UCBs) with A. Negotiable Instruments Act, 1881 deposit size of ______and above have been mandated by RBI to constitute Board of B. Reserve Bank of India Act, 1934 Management (BoM).

A. 200 crore

B. 150 crore 495. What is the name of additional collateralized intra-day liquidity facility C. 100 crore provided to member banks by RBI due to D. 500 crore introduction of NEFT settlements, on 24×7 basis?

A. Intraday Support (IS) 492. What is the total amount that can be loaded in the new type of semi-closed Prepaid B. Additional Support (AS) Payment Instrument (PPI) introduced by RBI C. Vital Support (VS) during the financial year? D. Liquidity Support (LS) A. Rs 10,000

B. Rs 1, 00,000 496. In case of special Self Help Groups i.e. C. Rs 1, 20,000 groups in the difficult areas, groups with D. Rs 1, 50,000 disabled persons, and groups formed in remote tribal areas, this number may be a minimum of _____ persons.

493. IFSC Banking Units (IBUs) can accept fixed A. 5 deposits in foreign currency of tenor less than ______year from non-bank entities. B. 6

A. one C. 7

B. two D. 10

C. three

D. four 497. RRBs are required to maintain a minimum Capital to Risk-weighted Assets Ratio (CRAR) of _____ on an ongoing basis.

494. What is the maximum aggregate exposure A. 8 per cent of a lender to all borrowers at any point of time, across all P2P platforms? B. 9 per cent

A. Rs 10 lakhs C. 10 per cent

B. Rs 20 lakhs D. 11 per cent

C. Rs 50 lakhs

D. Rs 1 core 498. What is the opening time of RTGS?

A. 7 AM 502. What is the total Priority Sector lending target for foreign banks in India with less than B. 8 AM 20 branches for the financial year 2019-20? C. 7:30 AM A. 20% of Adjusted Net Bank Credit (ANBC) D. 9 AM B. 30% of ANBC

C. 40% of ANBC 499. What is the limit for On-lending by NBFCs D. 50% of ANBC for ‘Term lending’ component under Agriculture?

A. Rs 5 lakh 503. Flipkart Gift Cards, Amazon Gift Cards are examples of which type of PPI? B. Rs 10 lakh A. Closed System C. Rs 15 lakh B. Open System D. Rs 20 lakh C. Semi-closed System

D. Semi-open System 500. What is the limit for On-lending by NBFC for Micro & Small enterprises?

A. Rs 10 lakh 504. The difference between Repo Rate and Reverse Repo Rate is known as______B. Rs 20 lakh A. Policy Ratio Gap C. Rs 50 lakh B. Percent Gap D. Rs 60 lakh C. Deposit Gap

D. Corridor Gap 501. What is the minimum interval at which banks can pay interest on savings bank accounts? 505. The assets which does not disclose any A. Annually problems and does not carry more than normal risk attached to the business is known B. Quarterly as______C. Half-yearly A. Loss assets D. Monthly B. Standard assets

C. Doubtful assets

D. Substandard assets C. Equity can be in the form of Shares and Stocks

D. They are always unsecured 506. The Ombudsman Scheme for Digital Transactions, 2019 came into force on______

A. 31 January 2019 510. Which of these accounts cannot be held by a person in the bank where he already has B. 31 December 2018 ‘Basic Savings Bank Deposit Account’? C. 30 November 2018 A. Fixed deposit account D. 15 February 2019 B. Savings Bank account

C. Recurring deposit account 507. Which among the following banks did not D. Current account merge with the State Bank of India?

A. Bank of Cochin Ltd 511. For which urban cooperative bank account B. National Bank of Lahore Ltd holders the Reserve Bank of India (RBI) has C. Bank of Bihar Ltd restrict the cash withdrawals up to Rs. 35,000?

D. New Bank of India A. Apna Sahakari Co-Op Bank Ltd

B. Ahmedabad Mercantile Co-Op Bank

508. What is the current base year to calculate C. Sri Gururaghavendra Sahakara Bank the Index of Industrial Production (IIP)? D. Nutan Nagarik Sahakari Bank A. 2000-01

B. 2004-05 512. Who among the following has been C. 2011-12 appointed as the fourth deputy governor of the Reserve Bank of India? D. 2014-15 A. Rabi N. Mishra

B. Michael Patra 509. Identify the incorrect statement regarding equity C. Deepak Kumar Mohanty

A. Equity is the borrowed fund D. Malvika Sinha

B. Return is in the form of a dividend

513. Who among the following has acquired public sector bank from 15,000 crores to DHFL General Insurance for around Rs 100 25,000 crores? crore? A. Indian Bank A. Kapil Wadhawan B. B. Sachin Bansal C. Canara Bank C. Vijay Shekhar Sharma D. D. Ritesh Agarwal

517. The Reserve Bank of India has recently 514. Multimodal supply chain solutions revised the ‘Supervisory Action Framework’ of provider GEFCO has signed a five year deal which category of banks? with which company to strengthen its Digital A. Public Sector Banks Transformation worldwide? B. Private Sector Banks A. Wipro C. Foreign Banks B. TCS D. Urban Cooperative Banks C. Infosys

D. HCL 517. Name the Indian banks which has decided

to end their operations in Sri Lanka? 515. The Reserve Bank of India (RBI) will now A. State Bank of India and Punjab National Bank allow consumers to give an e-mandate for recurring payments made through Unified B. Axis Bank and ICICI Bank Payments Interface (UPI). The limit on such recurring transactions has been set at ______. C. HDFC Bank and Yes Bank

A. Rs. 2000 D. Axis Bank and Kotak Mahindra Bank

B. Rs. 4000

C. Rs. 15,000 518. Name the Urban Cooperative bank got in- principle approval from RBI to become a Small D. Rs. 10,000 Finance Bank (SFB)?

A. Charminar Co-operative Urban Bank Ltd

516. The central govt in consultation with the B. Uttar Pradesh Co Operative Bank Limited Reserve Bank of India (RBI) has announced an increase in the authorized capital of which C. Indian Mercantile Co Operative Bank Ltd

D. Shivalik Mercantile Co-operative Bank Ltd 522. Government of India has constituted a seven-member Group of Minister (GoM) to

infuse how much amount to revive state- 519. PNB MetLife India Insurance Company has owned telecom corporations BSNL and MTNL? partnered with which company to provide life A. Rs.69000 crore insurance to its customers by fundling life insurance covers on their loans? B. Rs.79000 crore

A. HDFC Ergo C. Rs.50000 crore

B. ICICI Prudential D. Rs.70000 crore

C. Bajaj Finserv

D. RevFin

523. The Ministry of Statistics and Programme Implementation has set up a single standing 520. CSC e-Governance Services India Limited committee on economic statistics (SCES), who has signed a memorandum of understanding is the head of the committee? (MoU) with which bank for the sale of FASTags? A. Subramanian Swamy

A. Airtel Payments Bank B. Rajiv Kumar

B. Ltd C. Arvind Panagariya

C. Jio Payments Bank D. Pronab Sen

D. HDFC

524. Karnataka Vikas Grameena Bank (KVGB) signed a memorandum of understanding with 521. RBI launched ______Application for which private company on solar lightening and visually challenged people to Identify currency livelihood solutions? denomination? A. Deepa Solar Systems Pvt. Ltd A. RUPAY B. Moser Baer Solar Ltd. (MBSL) B. MANI C. Loom Solar Pvt. Ltd C. MONY D. SELCO Solar Light Pvt. Ltd D. BHIM

525. Finance Minister has launched which app B. United Bank of India for online auction of assets attached by banks? C. Allahabad Bank A. eSell D. Syndicate Bank B. eBaich

C. eBkray 529. The Reserve Bank of India (RBI) has D. eBay increased the limits imposed on peer-to-peer lenders to _____.

A. 10 lakh 526. Which Bank has launch OTP-based ATM cash withdrawal from January 1, 2020? B. 20 Lakh

A. State Bank of India C. 30 lakh

B. Punjab National Bank D. 50 lakh

C. Central Bank of India

D. Syndicate Bank 530. When is Earth Day Celebrated?

Answer: A A. 07-Apr

B. 18-Apr

C. 22-Apr

527. What is the amount Asian Infrastructure D. 23-Apr Investment Bank (AIIB) has announced for irrigation and solar energy projects in India? 531. What is an Open Market Operation? A. 210 million A. It is release of funds by RBI in Open Market B. 150 million B. It is standby facility to banks by RBI for C. 200 million infusion of liquidity D. 500 million C. It is buying or selling of government bonds in the open market by Central Bank to inject or suck liquidity from the system 528. Which state owned bank will get fresh capital of Rs. 2,153 crores from the Central D. All of the above government?

A. Union Bank

532. Expand the term IPR as used in the field of 536. Banks in our country normally publicise world trade – that additional interest rates will be allowed on retail domestic term deposits of ______A. Industrial Property Rights A. Minors B. International Property Rights B. Married women C. Intellectual Property Right C. Senior citizens D. Individual Property Rights D. Govt. Employees

533. “Pure Banking Nothing Else” is a tagline of which Bank? 537. What does F stands for in the abbreviation of NIRF? A. ICICI Bank A. Framework B. UTI Bank B. Family C. SBI Bank C. Forum D. HDFC Bank D. Federation

534. Julian Assange is the founder of _____. 538. When is World Youth Skills Day A. Facebook celebrated? B. Orkut A. 15-July C. Wilkileaks B. 11-August D. Google C. 21-August

D. 15-September 535. Who makes the formal announcement of

General Elections in a state in India? 539. Pooram is a festival celebrated in which A. Minister of Parliamentary Affairs state? B. Ministry of Law A. Arunachal Pradesh C. Ministry of Home Affairs B. Andhra Pradesh D. Election Commission of India C. Kerala

D. Bihar

C. May 31

540. Post merger of and Gruh D. April 30 Finance, the shareholders will get

______shares of Bandhan bank for every 1000 shares of Gruh Finance 544. Who is the current Economic Affairs Secretary and Finance Secretary of India? A. 455 A. Rajiv Mehrishi B. 921 B. Hasmukh Adhia C. 568 C. Subhash Chandra Garg D. 726 D. Ajay Narayan Jha

541. Rajesh Yaduvanshi has recently been appointed as the Executive Director of which 545. Which among the following Indian banks bank? has been ranked as India’s best bank for customer satisfaction, according to Forbes A. Bank of India World’s Best Banks’ survey for India? B. Punjab National Bank A. Punjab National Bank C. Bank of Baroda B. ICICI Bank D. UCO Bank C. Kotak Mahindra Bank

D. HDFC Bank 542. What is the full form of LAP in banking?

A. Liquid Assets Position 546. A loan made by a financial institution B. Legal Agreement Protocol usually in the form of bonds issued in foreign currencies and sold to government of a C. Lease Acquisition Price developing or emerging nation is known D. Loan against Property as______

A. Regal loan

543. What is the deadline set by CBDT to clear B. Sovereign loan up all demonetisation-related cases? C. Inferior loan A. June 30 D. Secondary loan B. December 31

547. Which of the following is a feature of the D. Karnataka Barter system transaction?

A. Bonds and securities are exchanged for gold 551. What does MIGS stands for? in return A. Minimum Income Group Scheme B. Gold is exchanged for gold in return B. Middle Income Group Scheme C. Goods & services are exchanged in return for other goods & services C. Middle Incentive Group Scheme

D. Goods & services are exchanged for Gold in D. Minimum Incentive Group Scheme return

552. The best way to save the banks from loss 548. The concept of Special Economic Zone is – (SEZ) was introduced by which country? A. To provide loans only to those people who A. China are familiar to the bank.

B. India B. To accept only fully backed collateral.

C. United States C. To provide only short term loans.

D. Japan D. To provide loans only to old customers of the bank.

549. What is the full form of REER with respect to exchange rate? 553. Fresh evaluation of every item of expenditure from the very beginning of each A. Raw economic exchange rate financial year is called- B. Random external exchange rate A. Fresh Budgeting C. Return exclusive exchange rate B. Deficit Budgeting D. Real effective exchange rate C. Performance Budgeting

D. Zero-based Budgeting 550. Bandipur National Park is located in which

State? 554. What is the currency of Kyrgyzstan? A. Meghalaya A. Som B. Madhya Pradesh B. Lev C. West Bengal

C. Euro 558. The first attempt to calculate National Income of India was made by ……………… in D. Tala 1867 -68.

A. Gopal Krishna Gokhale 555. Parker Solar Probe is also known as:- B. Justice Ranade A. Parker Human’s mission C. Dadabhai Naroji B. Parker solar mission D. P.C. Mahalanobis C. Humanity’s first mission

D. Humanity’s solar probe mission 559. Deficit financing means that the government has borrowed money from the-

556. Nagarjuna Sagarsrisailam tiger reserve is A. Revenue Department in which state? B. World Bank A. Arunachal Pradesh C. RBI B. Andhra Pradesh D. IMF C. Kerala

D. Karnataka 560. What is the full form of NSDL?

A. National Safety Development Limited 557. The Insolvency and Bankruptcy Board of B. National Securities Depository Limited India (IBBI) has amended which of the following act recently? C. National Social Diversity Limited

A. IBBI (Insolvency Resolution Process for HUF) D. National Sales Department Limited Regulations, 2016

B. IBBI (Insolvency Resolution Process for 561. The Saubhagya Scheme of the Indian Individual Person) Regulations, 2016 government is related with______C. IBBI (Insolvency Resolution Process for A. Eliminate Open defecation Corporate Persons) Regulations, 2016 B. LPG connection D. IBBI (Insolvency Resolution Process for Company) Regulations, 2016 C. Internet connection

D. Electricity connection

C. Bank rate

562. What was the deadline set by RBI for all D. Marginal Standing Facility the banks to migrate the magnetic strip based

ATM/Debit cards to EMV chip-and-PIN payment cards? 566. How many countries are members of Financial Action Task Force (FATF)? A. 31 December 2018 A. 24 B. 31 January 2019 B. 56 C. 1 March 2019 C. 42 D. 31 March 2019 D. 38

563. Which among the following acts as a controller of credit in India? 567. The interest rate policy is related to which of the following? A. Central Government A. Fiscal Policy B. Ministry of Finance B. Monetary Policy C. RBI C. Trade Policy D. Finance Commission D. Foreign Policy

564. The pseudo-token “Learning Coin” has been launched by which organisations? 568. The ‘NRI-Insta-Online’ paperless account opening facility has been launched by which A. WEF & IMF bank for NRIs? B. IMF & World Bank A. ICICI C. World Bank & WEF B. HDFC D. IMF & UNDP C. IDBI

D. Canara 565. The rate at which RBI gives short term loan to commercial banks is known as______569. The money deposited in which of these A. Repo rate accounts can be withdrawn without notice? B. Reverse repo rate A. Demand Deposit

B. Recurring deposit A. 2015

C. Fixed deposit B. 2017

D. All of the above C. 2014

D. 2012

570. Which among the following is India’s first full-fledged financial service app to integrate 574. How many countries are the members of UPI for payment? the Asian Development Bank? A. FUNDSINDIA A. 42 B. Kuvera B. 68 C. C. 54 D. ETMONEY D. 76

571. The headquarter of is 575. The International Monetary Fund was located in which country? formed in which year? A. United States A. 1988 B. United Kingdom B. 1964 C. Germany C. 1952 D. France D. 1945

572. What does E stands for in EMV chip cards? 576. What is the full form of NRE Account? A. Electronic A. Non-Resident Exchange B. Europay B. Non-Resident Exporter C. Enhanced C. Non-Resident External D. European D. Non-Resident Entrepreneur

573. The New Development Bank came into force in which year?

577. The World Bank has set the goals to end D. Mutual Fund account extreme poverty and promote shared prosperity by which year? 581. Which among the following terms means A. 2030 stopping the flow of the physical cheques B. 2025 issued by a drawer to the drawee branch?

C. 2050 A. Shear

D. 2035 B. Remit

C. Truncation

578. The Payment and Settlement Systems Act D. Disinvest was passed in which year?

A. 2012 582. Which among the following is the owner B. 2005 of Unified Payments Interface (UPI)?

C. 2000 A. RBI

D. 2007 B. NPCI

C. NITI Aayog

579. The Global Trust Bank merged with which D. Ministry of Electronics & Information bank in the year 2004? Technology

A. Punjab National Bank

B. Oriental Bank of Commerce 583. Which of these countries is not a member of the New Development Bank? C. Bank of Baroda A. Brazil D. Indian Overseas Bank B. China

C. India 580. Which among the following accounts enables the customer to perform all D. Sri Lanka transactions electronically?

A. Demat account 584. Which of the given financial institutions B. Savings deposit account comes under Bretton Woods’sinstitutions?

C. No-Frill account A. New Development Bank

B. Asian Development Bank

C. International Monetary Fund 589. How many banks were merged with the State Bank of India in the year 2017? D. European Bank for Reconstruction and Development A. 5

B. 7

584. Identify which of these is not a function of C. 6 International Monetary Fund? D. 4 A. Foster global monetary cooperation

B. Approve transactions between international 590. Which among the given committees financial institutions with other countries recommended setting up NABARD? C. Promote high employment and sustainable A. Deshmukh Committee economic growth B. Sivaraman Committee D. Reduce poverty around the world C. Rangarajan Committee

D. Subramanian Committee 586. Which of these institutions provides interest-free loans and grants to governments of the poorest countries? 591. The headquarter of MMTC-PAMP India A. International Development Association Pvt. Ltd, India’s first and only LBMA Good Delivery Refinery accredited for Gold and Silver B. International Bank for Reconstruction and is based in which city? Development A. Kolkata C. International Finance Corporation B. Pune D. Multilateral Investment Guarantee Agency C. Mumbai

D. New Delhi 587. The small accounts are initially valid for a period of how many months?

A. 24 months 592. TDR is a method for controlling land use to complement land-use planning and zoning B. 18 months for more effective urban growth management C. 6 months and land conservation. Expand TDR

D. 12 months A. Transferable Development Rights

B. Transaction Delayed Reserve Answer: A

C. Tax Deducted Review

D. Terminal Development Resource 596. The “Limiting Liability of Customers for Unauthorised Electronic Payment Transactions

in Prepaid Payment Instruments (PPIs) issued 593. Which among the following is not true by Authorised Non-banks” has came into effect regarding Sovereign Gold Bond Scheme? from______

A. Joint holding is allowed A. 01 April 2019

B. Minor can invest in SGB B. 01 February 2019

C. Investor can hold more than one investor ID C. 01 January 2019 for subscribing to the Sovereign Gold Bond D. 01 March 2019 D. Persons resident in India as defined under

Foreign Exchange Management Act, 1999 are eligible to invest in SGB 597. What will be the maximum compensation payable by the Ombudsman for mental agony

and harassment? 594. Conversion of the token back to actual A. Rs 10 lakh card details is known as ______B. Rs 1 lakh A. Re-tokenisation C. Rs 5 lakh B. De-tokenisation D. Rs 20 lakh C. Pre-tokenisation

D. E-tokenisation 598. In which of the following fund transfer

system, the transactions received up to a 595. What is the minimum number of free particular time are processed in batches? transactions allowed by banks in a month to A. RTGS customers for transaction at a bank’s own ATMs? B. IMPS

A. 5 C. NEFT

B. 3 D. All the above

C. 4

D. 6

599. If the fund is not credited to the A. It suggest transaction between banks and beneficiary customer’s accounts for any companies. reason, RTGS member banks will return the B. It means business to business transactions. fund back to the originating bank within a maximum period of ______hours C. Deals between businesses to banks.

A. 1 hour D. All of the above.

B. 6 hours Answer: B

C. 8 hours

D. 12 hours 603. Which of the following statement is incorrect about the ‘Current Account’?

A. Banks offer no rate of interest on money held 600. What does R stands for in UTR with in current account. respect to fund transfer? B. There is no limit on deposit or withdrawal in A. Range current account. B. Route C. A special type of passbook is issued for C. Register current account holders.

D. Reference D. Current account are opened for business transactions

604. Brown Label ATMs are owned and 601. What does the letter ‘L’ denote in the maintained by term ‘LAF’ in the below mentioned options, as referred every now and then in relation to A. non-bank entities, which have been monetary policy of the RBI? incorporated under Companies Act 1956.

A. Liquidity B. a service provider, but cash management and connectivity to banking networks is B. Liquid provided by a sponsor bank. C. Lent C. Bank D. Liability D. None of the above

602. What does the term B2B denotes in E- 605. Masala Bond’ term is coined by which commerce? organization/institution?

A. Reserve Bank of India (RBI)

B. Securities and Exchange Board of India (SEBI) 609. Any loan for short duration crops is classified as NPA when the installment of C. State Bank of India principal or interest there on remains overdue D. International Financial Corporation (IFC) for _____ crop seasons

A. one

606. Which type of Non-Banking financial B. four Company (NBFC) receives deposits under any C. three scheme or arrangement by government? D. two. A. Mutual Benefit Financial Companies (MBFC)

B. Residuary Non- Banking Company (RNBC) 610. Any loan for long duration crops is C. Miscellaneous Non- Banking Company classified as NPA when the installment of (MNBC) principal or interest there on remains overdue D. None is Correct for _____ crop seasons

A. one

607. What is the minimum paid-up equity B. four capital for small finance banks? C. three A. Rs. 100 Crore D. two B. No such minimum figure

C. Rs. 500 Crore 611. Which of the following Bank linked their D. 50 Crore Interest Rates to RBI’s Repo Rate?

A. HDFC Bank

608. An account should be treated as ______B. State Bank of India if the outstanding balance remains C. Bank of Baroda continuously in excess of the sanctioned limit/drawing power. D. Canara Bank

A. out of limit

B. out of order 612. RBI imposed a penalty of ₹11.25 lakh on private sector lender ___ for violation of norms C. out of drawing pertaining to issuance and operations of PPIs. D. out of line

A. Axis Bank C. Non-compliance with various directions issued on monitoring of end use of funds, B. IndusInd Bank exchange of information with other banks, C. Yes Bank classification and reporting of frauds, and on restructuring of accounts D. HDFC Bank D. Non-compliance with various directions on Know Your Customer (KYC)

613. RBI Enhanced Housing-Loan Limits Under Priority Sector Lending for RRBs, SFBs. New limits for metropolitan centers is ___ 616. Which of the following Prime Minister of India served as Governor of RBI? A. 35 lacs A. Charan Singh B. 25 lacs B. Wishwanath Pratap Singh C. 30 lacs C. P V Narsimha Rao D. 20 lacs D. Manmohan Singh

614. The Reserve Bank of India’s data on deployment of gross credit across different 617. Reserve Bank of India has released a sectors shows Bank credit grew by ___% in vision document ‘Payment and Settlement financial year 2018-19 as compared to 10.3% in Systems in India: Vision 2019 – 2021’, with its the previous financial year. core theme ____

A. 12.3 % A. Empowering Exceptional E-payment Experience’ B. 13.2 % B. Ensuring efficient management of currency as C. 14.3 % well other Banking services

D. 12.7 % C. Regulating markets to ensure financial system stability

D. Policy support to enhance liquidity in the 615. The Reserve Bank of India (RBI) has system imposed a monetary penalty of Rs 1 crore on for ____

A. Lts failure to fully automate the non- performing asset (NPA) identification process 618. Training Establishment of RBI, National B. Non-compliance on SWIFT operations Institute of Bank Management (NIBM) is an Indian institution for research, training and

consultancy in banking and finance. It is headquartered at ___? 622. Which among the following is not the A. Chennai Objective of NHB?

B. Pune A. To augment resources for the sector and channelise them for housing C. Hyderabad B. Provide financial support for the training D. Mumbai institutes of cooperative banks, commercial banks, and Regional Rural Banks

619. All the directors of the Central Board of C. To promote a network of dedicated housing RBI are appointed by the Government of India finance institutions to adequately serve various for a period of __ years. regions and different income groups

A. 4 years D. To encourage public agencies to emerge as facilitators and suppliers of serviced land, for B. 2 years housing

C. 3 years

D. 5 years 623. Rita Teotia is the Chairman of ____?

A. Central Board of Film Certification

620. The initial corpus of NABARD was ___? B. Food Safety and Standards Authority of India A. 20 Crores C. Bureau of Indian Standards B. 50 Crores D. Small Industries Development Bank of India C. 500 Crores

D. 100 Crores 624. SIDBI operates under the ______

Government of India? 621. PFRDA is responsible for appointment of A. Department of Financial Services, various intermediate agencies such as___ Government of India A. Central Record Keeping Agency (CRA), B. Ministry of Micro, Small and Medium B. Pension Fund Managers, Enterprises

C. Custodian, C. Ministry of Commerce and Industry

D. All of the Above D. Ministry of Corporate Affairs

C. 300 crore

625. Who among the following was the first D. 500 crore Indian Governor of RBI?

A. CD Deshmukh 629. What is the service charge levied on B. Benegal Rama Rau Inward transactions made through RTGS?

C. K.G. Ambegaonkar A. Rs 25 per transaction

D. H.V.R. Iyenger B. Rs 50 per transaction

C. Nill

626. The Reserve Bank of India (RBI) appointed D. Depends on banks Panel headed by _____ on ‘suggestions on promoting digital payment’? 630. The amalgamation of an NBFC ‘A’ with A. N. K Singh Committee NBFC/ entity ‘B’ requires prior written B. Bimal Jalan approval of ______

C. Nandan Nilekani A. Ministry of Finance

D. Kishore Sansi B. SEBI

C. NABARD

627. What is the maximum limit for investing in D. RBI the Sovereign Gold Bonds through cash mode?

A. Rs 20,000

B. Rs 50,000 631. To modernize Assam’s Ferry transport C. Rs 1 lakh service on the Brahmaputra River the Government of Assam and Government of D. Rs 75,000 India has signed 88 million USD agreement with which organization?

628. A Systemically Important Core Investment A. Asian Development Bank (ADB) Company (CIC-ND-SI) is a Non-Banking B. Asian Infrastructure Investment Bank (AIIB) Financial Company with asset size of Rs ______and above C. New Development Bank (NDB)

A. 200 crore D. World Bank (WB)

B. 100 crore

632. Which organisation of India publishes C. 7% inflation rate? D. 6.1% A. Ministry of Finance

B. Indian Economic Association 636. To provide doorstep banking services, the C. Reserve Bank of India South-Central Zone of the Indian Railways has signed a MoU with which of the following D. National Statistical Office banks?

A. Bank of India 633. The Union Cabinet has approved a B. State Bank of India proposal to provide ______viability gap funding for building a 1,656 km gas grid in the C. Bank of Baroda Northeast region. D. Punjab National Bank A. 5,500 crore

B. 5,800 crore 637. Which Railway zone of the Indian C. 6,000 crore Railways has signed a Memorandum of Understanding (MoU) with State Bank of India D. 5,559 crore (SBI) for ‘doorstep banking’?

A. Central Railway 634. Export-Import Bank (Exim Bank) of India B. Northern Railway has given a —— line of credit to Cuba for financing 75 MW Photovoltaic Solar Parks. C. North Eastern Railway

A. $65 million D. South Central Railway (SCR) zone

B. $75 million

C. $85 million 638. Who among the following has been appointed as the fourth deputy governor of the D. $95 million Reserve Bank of India?

A. Rabi N. Mishra 635. According to the International Monetary B. Michael Patra Fund (IMF), what will be the India’s economic growth forecast ______for 2020? C. Deepak Kumar Mohanty

A. 5.5% D. M. Rajeshwar Rao

B. 5.9%

639. Which public sector bank has announced A. USD 277 million the ‘Residential Builder Finance with Buyer B. USD 370 million Guarantee’ (RBBG) scheme? C. USD 497 million A. Bank of Baroda D. USD 377 million B. Bank of India

C. State Bank of India 643. Which financial company has launched D. Punjab National Bank India’s first corporate bond exchange-traded fund (ETF), called the Bharat Bond ETF?

640. Bank of Baroda partnered with which A. Edelweiss Asset Management Company state government to provide MSME loans? (AMC)

A. Maharashtra B. Mahindra & Mahindra Financial Services Limited B. Andhra Pradesh C. Muthoot Finance Ltd C. Telangana D. HDB Financial Services D. Gujarat

644. Which General Insurance Company has 641. Which bank has announced to launch a launched my: health Woman Suraksha policy? cobranded credit card in partnership with Indian Oil Corporation Ltd (IOCL)? A. ICICI Prudential

A. ICICI Bank B. Life Insurance Corporation

B. HDFC Bank C. HDFC ERGO

C. Axis Bank D. SBI LIFE

D. Yes Bank

645. As per the new guidelines of the Reserve Bank of India for ‘on tap’ Licensing of Small 642. State Bank of India (SBI) has signed a loan Finance Banks (SFBs) in the Private Sector what agreement worth of ______with KFW is the minimum paid-up capital for setting up (Kreditanstalt für Wiederaufbau) German an SFBs? development bank for establishing an energy- efficient housing program in India. A. 100 crore

B. 300 crore

C. 200 crore 649. In which of the following ports of India the world’s first CNG terminal will come? D. 250 crore A. Kandla, Gujarat

B. Bhavnagar, Gujarat 646. As per the fifth bi-monthly monetary policy announced by the Reserve Bank of India C. Vishakhapatnam, Andhra Pradesh (RBI) which of the following is repo rate and D. Tuticorin, Tamil Nadu reverse repo rate under the liquidity adjustment facility?

A. 5.25%, 4.85% 650. Which of the following Small Finance Banks has launched an instant digital savings B. 5.45%, 4.15% account (SA) along with Fixed Deposit (FD) and C. 5.15%, 4.90% Privilege Savings Account to offer distinctive banking and digital services to its customers? D. 5.35, 4.75% A. Ujjivan Small Finance Bank

B. Equitas Small Finance Bank 647. Which of the following became the first company to list its commercial papers on the C. A U Small Finance Bank stock exchanges? D. Utkarsh Small Finance Bank A. Bajaj Finserv

B. American Express Bank Ltd. India 651. Which of the following is a swap? C. Aditya Birla Finance Ltd (ABFL) A. Interest Rate Swap D. Edelweiss Securities Ltd. B. Currency Swap

C. Credit Default Swap 648. ICICI Lombard has been partnering with D. All of these which Payments Bank to offer non-life insurance solutions to its customers?

A. Airtel Payments Bank 652. Foreign Exchange Regulation Act (FERA) of 1947, was subsequently replaced by Foreign B. India Post Payments Bank Exchange Regulation Act, __. C. Fino Payments Bank A. 1978 D. Jio Payments Bank B. 1950

C. 1984 B. Grand slam

D. 1973 C. Fifa cup

D. LBW

653. Who has written the book “Sachin: A Hundred Hundreds Now”? 657. Receivables Exchange of India Ltd (RXIL) A. V Krishnaswami was established as a joint venture between_____. B. N M Ghatate A. SIDBI C. Gulzar B. NSE D. Chetan Bhagat C. SIDBI & NSE

D. BSE 654. Parliament enjoys the exclusive right to legislate on the subject contained in –

A. the Union list 658. Which of the following report is not released by the World Bank? B. The Concurrent list A. World Development Report C. the State list B. Ease of Doing Business D. Both A and B C. Global Economic Prospects

D. Global Gender Gap Report 655. With which of the following sectors the Basel III norms are associated?

A. Banking sector 659. What is an FPO (Follow on Public Offering)? B. Insurance sector A. It issues of shares by the company for the 1st C. Share Markets time D. All of the above B. It issues of shares by the company subsequent to IPO

656. Which of the following term is associated C. It issues of Commercial Paper by the with the game of cricket? company

A. Trump D. All of the above

660. Which cup/Trophy is associated with the game of Football? 664. The New Development Bank came into A. Scindia Gold Cup force in which year?

B. Ranji Trophy A. 2015

C. Davis Cup B. 2017

D. Fifa Cup C. 2014

D. 2012

661. Which among the following is India’s first full-fledged financial service app to integrate 665. How many countries are the members of UPI for payment? the Asian Development Bank? A. FUNDSINDIA A. 42 B. Kuvera B. 68 C. Groww C. 54 D. ETMONEY D. 76

662. The head quarter of Deutsche Bank is 666. The International Monetary Fund was located in which country? formed in which year? A. United States A. 1988 B. United Kingdom B. 1964 C. Germany C. 1952 D. France D. 1945

663. What does E stands for in EMV chip cards? 667. What is the full form of NRE Account? A. Electronic A. Non-Resident Exchange B. Europay B. Non-Resident Exporter C. Enhanced C. Non-Resident External D. European D. Non-Resident Entrepreneur

C. No-Frill account

668. The World Bank has set the goals to end D. Mutual Fund account extreme poverty and promote shared prosperity by which year? 672. Which among the following terms means A. 2030 stopping the flow of the physical cheques B. 2025 issued by a drawer to the drawee branch?

C. 2050 A. Shear

D. 2035 B. Remit

C. Truncation

669. The Payment and Settlement Systems Act D. Disinvest was passed in which year?

A. 2012 673. Which among the following is the owner B. 2005 of Unified Payments Interface (UPI)?

C. 2000 A. RBI

D. 2007 B. NPCI

C. NITI Aayog

670. The Global Trust Bank merged with which D. Ministry of Electronics & Information bank in the year 2004? Technology

A. Punjab National Bank

B. Oriental Bank of Commerce 674. Which of these countries is not a member of the New Development Bank? C. Bank of Baroda A. Brazil D. Indian Overseas Bank B. China

C. India 671. Which among the following accounts enables the customer to perform all D. Sri Lanka transactions electronically?

A. Demat account. 675. Which of the given financial institutions B. Savings deposit account comes under Bretton Woods’s institutions

A. New Development Bank D. 12 months

B. Asian Development Bank

C. International Monetary Fund 679. How many banks were merged with the State Bank of India in the year 2017? D. European Bank for Reconstruction and Development A. 5

B. 7

676. Identify which of these is not a function of C. 6 the International Monetary Fund? D. 4 A. Foster global monetary cooperation

B. Approve transactions between international 680. Which among the given committees financial institutions with other countries recommended to set up NABARD? C. Promote high employment and sustainable A. Deshmukh Committee economic growth B. Sivaraman Committee D. Reduce poverty around the world C. Rangarajan Committee

D. Subramanian Committee 677. Which of these institutions provides interest-free loans and grants to governments of the poorest countries? 681. The headquarter of MMTC-PAMP India A. International Development Association Pvt. Ltd, India’s first and only LBMA Good Delivery Refinery accredited for Gold and Silver B. International Bank for Reconstruction and is based in which city? Development A. Kolkata C. International Finance Corporation B. Pune D. Multilateral Investment Guarantee Agency C. Mumbai

D. New Delhi 678. The small accounts are initially valid for a period of how many months?

A. 24 months 682. TDR is a method for controlling land use to complement land-use planning and zoning B. 18 months for more effective urban growth management C. 6 months and land conservation. Expand TDR

A. Transferable Development Rights C. 4

B. Transaction Delayed Reserve D. 6

C. Tax Deducted Review

D. Terminal Development Resource 686. The “Limiting Liability of Customers for Unauthorised Electronic Payment Transactions

in Prepaid Payment Instruments (PPIs) issued 683. Which among the following is not true by Authorised Non-banks” has came into effect regarding Sovereign Gold Bond Scheme? from______

A. Joint holding is allowed A. 01 April 2019

B. Minor can invest in SGB B. 01 February 2019

C. The investor can hold more than one C. 01 January 2019 investor ID for subscribing to the Sovereign D. 01 March 2019 Gold Bond

D. Persons resident in India as defined under Foreign Exchange Management Act, 1999 are 687. What will be the maximum compensation eligible to invest in SGB payable by the Ombudsman for mental agony and harassment?

A. Rs 10 lakh 684. Conversion of the token back to actual card details is known as ______B. Rs 1 lakh

A. Re-tokenisation C. Rs 5 lakh

B. De-tokenisation D. Rs 20 lakh

C. Pre-tokenisation

D. E-tokenisation 688. In which of the following fund transfer system, the transactions received up to a

particular time are processed in batches? 685. What is the minimum number of free A. RTGS transactions allowed by banks in a month to customers for transaction at a bank’s own B. IMPS ATMs? C. NEFT A. 5 D. All the above B. 3

689. If the fund is not credited to the A. Reforming Monetary Policy Committee beneficiary customer’s accounts for any B. Creation of NPA ledger reason, RTGS member banks will return the fund back to the originating bank within a C. Policy for Public Credit Registry maximum period of ______hours D. Capital reserves that the central bank should A. 1 hour maintain

B. 6 hours

C. 8 hours 693. ALM is concerned with strategic balance sheet management involving all market risks. D. 12 hours ‘M’ in ALM stands for______.

A. Market

B. Management 690. What does R stands for in UTR with C. Maturity respect to fund transfer? D. Maintenance A. Range

B. Route 694. G5 consists of the members of the C. Register International Monetary Fund whose currencies D. Reference constitute the Special Drawing Rights. Which of the following is not among them?

A. France 691. Which bank has launched a co-branded ‘Small Business MoneyBack Credit Card’ for B. Japan small traders in collaboration with CSC? C. China A. ICICI Bank D. United Kingdom B. HDFC Bank

C. Bandhan Bank 695. In which of the following years Reserve D. DBS Bank Bank Information Technology Private Limited (ReBIT) was found?

A. 2013 692. A high-level panel led by former RBI governor Bimal Jalan was recently constituted B. 2014 regarding which of the following issue? C. 2015

D. 2016 699. If the credit balance in a savings account has not operated for ten years, the amount

should be transferred to which fund? 696. This type of banking ensures direct A. Unpaid Contract Fund transaction between a bank and its customers without intervention of any third party1) Retail B. Cash Reserve Fund banking C. Unclaimed Bank Deposit Fund A. Online banking D. Depositor Education and Awareness Fund B. Merchant banking

C. Offshore banking 700. Which among the following offers buyers’ D. None of these credit and line of credit to foreign governments and banks?

A. ECGC 697. In the National Financial Switch service, the limit per transaction is restricted to less B. EXIM Bank than ______. C. Bank of Baroda A. Rs 20000 D. SIDBI B. Rs 25000

C. Rs 50000 701. Which among the following is responsible D. Rs 10000 for ensuring that housing finance companies in India are operated on sound health and

financial standard? 698. The Legal Entity Identifier is a ______digit A. National Bank for Agriculture and Rural code developed by the International Development Organization for Standardization. B. SIDBI A. 16-digit C. Reserve Bank of India B. 20-digit D. National Housing Bank C. 12-digit

D. 10-digit 702. In case of increase in inflation, the

purchasing power ______

A. Increases

B. Increases to a certain limit and then 706. What are the maturity period and the decreases fixed interest rate of Sovereign Gold Bond Scheme? C. Decreases A. 3 years and 1.5% D. Does not get affected B. 5 years and 4.5%

C. 8 years and 2% 703. On what basis, the Index of Industrial Production is published by the Central D. 8 years and 2.5% Statistical Organization?

A. Monthly Basis 707. QFI scheme was introduced by the B. Yearly Basis government in consultation with RBI and SEBI. In QFI, ‘I’ represents ______. C. Quarterly Basis A. Interest D. Half-yearly Basis B. Investor

C. Investment 704. Under the DRI Scheme, the maximum amount can be provided by banks at a D. Index concessional rate to the weaker sections is

______. 708. Which among the following is authorized A. Rs 12000 by RBI to store rupee notes and coins? B. Rs 20000 A. Currency Bag C. Rs 10000 B. Currency Block D. Rs 15000 C. Currency Chest

D. Currency Reserve 705. OLTAS stands for which among the following? 709. The Ombudsman Scheme for Non-Banking A. Online Tax Accounting Server Financial Companies has introduced under B. Online Tax Accounting System which section of the Reserve Bank of India Act, 1934? C. Online Tax Accounting Service A. Section 46A D. Online Tax Access Service B. Section 45L

C. Section 45A 713. The interest rates on banks’ contribution to Rural Infrastructure Development Fund D. Section 58C should be fixed by ______.

A. Ministry of Finance 710. The maximum amount of money that can B. National Bank for Agriculture and Rural be insured in case of a person holding money Development at different branches of a bank is – C. Ministry of Rural Development A. Rs 25000 D. Reserve Bank of India B. Rs 50000

C. Rs 1 lakh 714. An account of a bank holds with another D. Rs 2 lakhs bank in a foreign country in the foreign currency is known as ______.

711. The practice of providing loans to A. NRO Account unrelated individuals without going through B. NOSTRO Account the conventional channel of banks or any financial organization is known as – C. NRE Account

A. P2B Lending D. VOSTRO Account

B. P2P Lending

C. B2B Lending 715. Which bank has waived the transaction charges of IMPS, NEFT and RTGS recently? D. B2S Lending A. Canara Bank

B. Kotak Mahindra Bank 712. Maximum loan amount that can be provided against shares or debentures of any C. State Bank of India company is D. HDFC Bank A. Rs 10 lakhs

B. Rs 2 lakhs 716. Recently, the Reserve Bank of India has C. Rs 5 lakhs barred ______from charging prepayment penalties or foreclosure charges. D. None of these A. Mutual Fund Companies

B. Payment Banks

C. Co-Operative Bank B. Equally Money Instalment

D. Non-Banking Finance Companies C. Equated Money Instalment

D. Equated Monthly Instalment.

717. Who among the following cannot make a deposit in the Gold Monetization Scheme? 721. Who among the following is appointed as A. Central Government the Managing Director of the State Bank of India (SBI)? B. State Government A. Mahender Kumar Garg C. Non-Resident Indians B. Dr. Ashima Goyal D. Charitable Institutions C. Challa Sreenivasulu Setty

D. Dr. Ajit Kumar Saxena 718. MIBID is used to be calculated every day by which of the following organizations?

A. National Stock Exchange 722. Who among the following has been appointed as the managing director and chief B. Shanghai Stock Exchange executive officer (MD & CEO) of Bank of C. Bombay Stock Exchange Baroda (BoB)?

D. New York Stock Exchange A. Sanjiv Chadha

B. Lingam Venkat Prabhakar

719. The authorized capital of General C. Atanu Kumar Das Insurance Corporation of India is_____. D. Mahender Kumar Garg A. Rs 2000 crores

B. Rs 500 crores 723. Who among the following has been C. Rs 1000 Crores appointed as the managing director and chief executive officer (MD & CEO) of Canara Bank? D. Rs 2000 Crores A. Sanjiv Chadha

B. Lingam Venkat Prabhakar 720. What is the full form of “EMI” frequently used term in banking operations? C. Atanu Kumar Das

A. Equal Monthly Interest D. Mahender Kumar Garg

724. Who among the following has been B. Vodafone M-pesa Limited appointed as the managing director and chief C. Limited executive officer (MD & CEO) of Bank of India? D. PayMate India Pvt. Limited A. Sanjiv Chadha

B. Lingam Venkat Prabhakar 728. Which financial company has acquired the C. Atanu Kumar Das Essel Finance’s micro, small and medium D. Mahender Kumar Garg enterprises (MSME) loan business in India?

A. Tata Capital

725. Country’s largest private sector bank, ICICI B. Adani Capital bank has launched a Cardless cash withdrawal C. Bajaj Finserve facility from its ATMs with a per-day transaction limit of ______. D. Mahindra & Mahindra Capital

A. Rs. 5,000

B. Rs. 10,000

C. Rs. 15,000 729. The National Payments Corporation of India (NPCI) has launched the “Vajra Platform” D. Rs. 20,000 to make payments fast & secure. The platform is based on which technology?

726. Which telecom company joins hands with A. Near field technology Bharti AXA to provide Rs. 179 prepaid plan B. Distributed Ledger Technology with life insurance of Rs 2 lakh? C. Radio-frequency identification Technology A. Idea D. Digital Banking Technology B. Jio

C. Airtel 730. To provide doorstep banking services, the D. BSNL South-Central Zone of the Indian Railways has signed a MoU with which of the following banks? 727. The Reserve Bank of India (RBI) has canceled the Certificate of Authorisation of A. Bank of India which Payment System Operator after it had B. State Bank of India voluntarily surrendered the authorization? C. Bank of Baroda A. Muthoot Vehicle & Asset Finance Ltd.

D. Punjab National Bank 734. Who among the following has acquired DHFL General Insurance for around Rs 100

crore? 731. Which Railway Zone of the Indian A. Kapil Wadhawan Railways has signed a Memorandum of Understanding (MoU) with State Bank of India B. Sachin Bansal (SBI) for ‘doorstep banking’? C. Vijay Shekhar Sharma A. Central Railway D. Ritesh Agarwal B. Northern Railway

C. North Eastern Railway 735. Multimodal supply chain solutions D. South Central Railway (SCR) zone provider GEFCO has signed a five year deal with which company to strengthen its Digital

Transformation worldwide? 732. For which urban cooperative bank account A. Wipro holders the Reserve Bank of India (RBI) has restrict the cash withdrawals up to Rs. 35,000? B. TCS

A. Apna Sahakari Co-Op Bank Ltd C. Infosys

B. Ahmedabad Mercantile Co-Op Bank D. HCL

C. Sri Gururaghavendra Sahakara Bank

D. Nutan Nagarik Sahakari Bank 736. The Reserve Bank of India (RBI) will now allow consumers to give an e-mandate for

recurring payments made through Unified 733. Who among the following has been Payments Interface (UPI). The limit on such appointed as the fourth deputy governor of the recurring transactions has been set at ______. Reserve Bank of India? A. Rs. 2000 A. Rabi N. Mishra B. Rs. 4000 B. Michael Patra C. Rs. 15,000 C. Deepak Kumar Mohanty D. Rs. 10,000 D. M. Rajeshwar Rao

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 D. Shivalik Mercantile Co-operative Bank Ltd. 25,000 crores?

A. Indian Bank 741. What is the applicable limit for social B. Union Bank of India infrastructure loans under priority sector?

C. Canara Bank A. 1 crore

D. Indian Overseas Bank B. 2 crores

C. 5 crores

738. The Reserve Bank of India has recently D. 3 crores revised the ‘Supervisory Action Framework’ of which category of banks? 742. The Micro, Small and Medium Enterprises A. Public Sector Banks Development (MSMED) Act was passed in B. Private Sector Banks which year?

C. Foreign Banks A. 2007

D. Urban Cooperative Banks B. 2003

C. 2000

739. Which public sector bank has announced D. 2006 the ‘Residential Builder Finance with Buyer

Guarantee’ (RBBG) scheme? 743. In banking, what does ASCL stands for? A. Bank of Baroda A. Average Securities Capital Limit B. Bank of India B. Aggregate Sanctioned Credit Limit C. State Bank of India C. Adequate Systematic Control Loan D. Punjab National Bank D. Associated System of Credit Liability

740. Name the Urban Cooperative bank got in- principle approval from RBI to become a Small 744. A short term borrowing means borrowing Finance Bank (SFB)? of tenor up to but less than ______.

A. Charminar Co-operative Urban Bank Ltd A. 12 months

B. Uttar Pradesh Co Operative Bank Limited B. 6 months

C. Indian Mercantile Co Operative Bank Ltd

C. 18 months A. Kathmandu, Nepal

D. 3 months B. New Delhi, India

C. Dhaka, Bangladesh

745. The National Accreditation Board for D. Tehran, Iran Testing and Calibration Laboratories (NABL) is located in which city? 749. What is the maximum limit of Indian A. Nagpur currency that an Indian resident can bring back B. Pune to India while returning from any place outside India? C. Gurugram A. Rs.55, 000 D. Mumbai B. Rs.50, 000

C. Rs.25, 000 746. What is the minimum age limit for opening BSBDA by banks for individuals? D. Rs.20, 000

A. 10 years

B. 12 years 750. What are the processing or service charges applicable for inward NEFT C. 18 years transactions? D. no such limit A. No charge

B. Rs 2.50 747. For a corporate to be eligible to issue CP C. Rs 5 the tangible net worth of the company should not be less than Rs. ______D. Rs 25

A. 1 crore

B. 4 crore. 751. Which of the following accounts can be held in the form of current account only? C. 2 crore A. EEFC Account D. 5 crore B. RFC Account

C. NRE Account 748. The headquarter of the Asian Clearing Union (ACU) is located in which country? D. NRO Account

C. Rs 25 Lakh

752. QIP is a process that was introduced by D. Rs 15 Lakh SEBI so as to enable the listed companies to raise finance. What is ‘P’ in QIP? 756. In Bank Led Resolution Approach, the A. Procurement financial institutions should enter into an inter- B. Penalty creditor agreement to authorize the lead bank to implement a resolution plan in ______C. Public days. D. Placements

A. 90 days 753. In the estimated spending of Union B. 180 days Budget, which of the following has the maximum share? C. 300 days

A. Interest Payments D. 30 days

B. Centrally Sponsored Schemes

C. Subsidy 757. What is the maximum limit of Foreign Direct Investment in Private Banks under the D. Rural Development automatic route?

A. 100% 754. As per the latest report by the World Gold B. 74% Council (WGC), India holds world’s ______largest Gold reserve in the world. C. 26%

A. 2nd D. 49%

B. 5th

C. 7th 758. Which among the following is used to estimate the insurance risks and the premium D. 11th of the policy?

A. Endorsement 755. What is the maximum investment limit of B. Appraisal Senior Citizen Savings Scheme? C. Underwriting A. Rs 20 Lakh D. Precertification B. Rs 10 Lakh

D. Bank of India

759. AU Small Finance Bank is headquartered in ______763. What is the minimum prescribed maturity A. Chennai, Tamil Nadu period of Commercial Paper?

B. Jaipur, Rajasthan A. 30 days

C. Thrissur, Kerala B. 7 days

D. Bengaluru, Karnataka C. 91 days

D. 182 days

760. In the context of MUDRA Banks, which of the following statements is correct? 764. In which year, National Financial Switch A. It is a wholly-owned subsidiary of SIDBI was taken over by National Payment National Payments Corporation of India from IDRBT? B. It lends directly to the micro- entrepreneurs/individuals A. 2004

C. It has a paid-up capital of Rs 750 crore B. 2007

D. Only A & C C. 2009

D. 2010

761. The size of an Indian Depository Receipts issue shall not be less than ______. 765. Which of the following is issued by a bank A. ₹ 5 Crore that guarantees the buyer’s payment to sellers would be received on time with the correct B. ₹ 20 Crore amount? C. ₹ 50 Crore A. Commercial Paper D. ₹ 10 Crore B. Dated Securities

C. Bill of Exchange 762. ‘Relationships beyond Banking’ is the D. Letter of Credit tagline of which among the following banks?

A. Syndicate Bank 766. Which among the following is not true B. Indian Overseas Bank about Payment Banks? C. Canara Bank

A. Payment Banks can accept deposits up to Rs. D. 10 1 lakh per individual

B. Payment Banks can lend any money to the 770. India’s first listed exchange ‘Multi general public Commodity Exchange of India Limited (MCX)’ C. The minimum paid-up equity capital for offers trading in which of the following? Payment Banks is ₹ 100 Crore A. Gold D. Payments Banks can offer forex services B. Silver

C. Copper 767. FCNR (B) Account can be held in the form D. All of the above of a term deposit. What is the maximum term limit for those accounts?

A. 15 years 771. Financial Stability and Development Council (FSCD) is chaired by _____. B. 12 years A. RBI Governor C. 10 years B. Financial Secretary D. 5 years C. Finance Minister

D. Prime Minister 768. The Gross National Product after deducting the losses due to depreciation is known as _____. 772. In banking, the lump sum paid at the end A. Net Value Added of a loan’s term that is significantly larger than all of the payments made before it is called B. Gross Value Added as______. C. Gross Domestic Product A. Rubber Band Payment D. Net National Product B. Zap Payment

C. Balloon Payment 769. Recurring Deposit Account has a D. Escalator Payment maximum deposit period of______years.

A. 2 773. The maximum maturity age of LIC Jeevan B. 6 Anand policy is ______. C. 8 A. 25 years

B. 35 years non-compliance with certain provisions of its directions on frauds classification. C. 50 years A. ₹8.50 cr D. 75 years B. ₹10.50 cr

C. ₹11.50 cr 774. What is the meaning of R in TReDS? D. ₹5.50 cr A. Render

B. Rate 778. Special Non-Resident Rupee Account can C. Return be operated for a maximum period of D. Receivables ______years.

A. 10

775. Which of the following Public sector banks B. 5 has signed agreement with Cholamandalam C. 9 MS General Insurance? D. 7 A. UCO Bank

B. SBI 779. PNB Housing recently raised $75 million in C. BOB ECB from which of the following banks? D. Indian Bank A. JPMorgan Chase & Co. (JPM)

B. HSBC Holdings 776. HDFC Life Insurance included in MSCI C. None of these index. ‘C’ in MSCI stands for_____. D. Sumitomo Mitsui Bank A. Control

B. Care 780. The fintech NBFCs should have less than C. Capital ______percentage of non-performing assets to D. Charge be eligible for funding assistance.

A. 15%

777. Recently, RBI has slapped monetary B. 9% penalty aggregating ______on 11 banks for C. 4%

D. 8% A. Coal

B. Iron

781. The Reserve Bank of India has introduced C. Cement the changes in the Credit Authorization D. Fertilizer Scheme of Credit based on the recommendation of ______.

A. Sivaraman Committee 785. EPFO is likely to appoint ______as fund managers. B. Siddiqui Committee A. SBI MF C. Narasimham Committee B. HSBC AMC D. Vaghul Committee C. UTI AMC

D. All of the above 782. What is the maximum FDI limit in the Small Finance Banks?

A. 35% 786. Cash Reserve Ratio is maintained as a percentage of which of the following B. 51% measures? C. 100% A. Adjusted Net Bank Credit D. 74% B. Off-Balance Sheet Exposure

C. Net Capital Reserve 783. Interest Rates are the rates that banks D. Net Demand and Time Liability offer to their depositors. Which among the following is NOT a factor for determining the interest rates? 787. Which of the following statements in A. Government borrowings context of Treasury Bills is not correct?

B. Supply of Money A. They are issued by RBI

C. Current Account Deficit B. They have a maximum maturity of 365 days

D. Demand for Money C. They are issued when the government needs money for a shorter period

D. They are zero coupon securities and pay no 784. Index of Eight Core Industries doesn’t interest measure the performance of ______.

B. IMF

788. As per the RBI guidelines, which among C. WEF the following categories of loans could NOT be D. UN priced without reference to Base Rate?

A. DRI advances 792. Net National Product of an economy is the B. Loans to retired bank employees Gross National Product after deducting the loss C. Education Loan due to ______

D. Loans to banks’ depositors against the A. NPA collateral property B. Depreciation

C. Deflation 789. National Securities Depository Limited D. Inflation was established in which year?

A. 1990 793. Bandhan Bank has launched a co-branded B. 1994 credit card with ______to offer complete C. 1992 services to its existing customers.

D. 1996 A. Deutsche Bank

B. ICICI Bank

790. Recently, which bank has introduced the C. Bank of America repo-linked lending rate for a home loan and D. Bank vehicle loan?

A. UCO Bank 794. ASBA is a supplementary process for B. Corporation Bank applying to public issues. In ASBA, ‘B’ denotes C. Bank of Baroda A. Bill D. Union Bank of India B. Blocked.

C. Bridge 791. Special Drawing Rights refer to an D. Basel international type of monetary reserve currency created by ______.

A. RBI

795. A government panel headed by Akhilesh D. The Changing Face of Prosperity Ranjan has recommended cutting the corporate tax rate to _____ for all companies. 799. Mumbai is the Headquarters of which of A. 25% the following Banks? B. 30% A. Federal Bank C. 15% B. Syndicate Bank D. 20% C. RBL Bank

D. Punjab National Bank 796. Which among the following is a condition of slow economic growth and relatively high unemployment? 800. What is the minimum Capital Adequacy ratio to be maintained by small finance banks A. Hyper Inflation in India? B. Bottleneck Inflation A. 10% C. Core inflation B. 12% D. Stagflation C. 15%

D. 20% 797. National Housing Board will provide an additional liquidity support of ______to HFCs. 801. Which of the following Committee A. Rs 10000 Crore recommended for setting up of National Bank B. Rs 15000 Crore for Agriculture and Rural Development?

C. Rs 20000 Crore A. B Sivaraman

D. Rs 25000 Crore B. Narasimhan II

C. Vinod Singh Shekhawat

798. Which of the following is the tagline of D. S Nagalingam Lakshmi Vilas Bank?

A. Where Every Individual is Committed 802. Which of the following is the rate charged B. Where Service is a way of Life by the central bank for lending funds to a commercial bank? C. Honours Your Trust A. Term rate

B. Bank rate 806. APA gives certainty to taxpayers, reduce disputes and enhances tax revenues. What C. Note rate does ‘P’ denote in ‘APA’? D. Supply rate A. Personal

B. Pricing 803. RBI launched an ombudsman scheme for C. Payment digital payment under ______section of the Payment and Settlement Systems Act, D. Public 2007.

A. Section 18 807. ‘Where Service is a way of Life’ is the B. Section 23 tagline of which of the following banks?

C. Section 42 A. Corporation Bank

D. Section 14 B. UCO Bank

C. Union Bank of India

804. FRA is a contract between parties that D. Punjab & Sind Bank determines the rate of interest to be paid. In

FRA, ‘F’ denotes ______. 808. Small Industries Development Bank of A. Financial India is headquartered in _____. B. Foreign A. Hyderabad C. Fiscal B.Lucknow D. Forward C. Mumbai

D. Pune 805. What is the motif of ₹ 20 notes?

A. Hill Forts of Rajasthan 809. SBI Life Insurance and ______have inked B. Red Fort a banc assurance pact to offer holistic financial planning solutions. C. Ellora Cave A. Indian Overseas Bank D. Bodh Gaya B. Corporation Bank

C.

D. Indian Bank B. CVV

C. Bank code

810. RBI has announced the plans for round- D. Country Code the-clock availability of ______system from

December 2019. 814. National small Saving is part of ______. A. RTGS A. Consolidated Fund of India B. NEFT B. Contingency Fund of India C. SWIFT C. Public Account of India D. CTS D. Both A & C

811. In context of BASEL III Accords, what does LCR stands for______. 815. Which of the following banks has a tagline ‘Let’s make money simple’? A. Liberalized capital rate A. Bank of India B. Liberalized Currency ratio B. Central Bank of India C. Leveled Credit rate C. IDBI D. Liquidity Coverage ratio D. Kotak Mahindra Bank

812. ______, recently got Scheduled Bank status. 816. Which of the following committee recommended the formation of ‘Payments A. Equitas Small Finance Bank Bank’ in India? B. A U Small Finance Bank A. Nalin Mehta C . B. B Sivaraman D. Capital Small Finance Bank C. Urjit Patel

D. Nachiket Mor 813. MICR is a nine-digit number printed on banking instruments such as a cheque or a demand draft, its first three digits 817. Support extended to limit production denotes______. comes under which category of WTO?

A. City

A. Amber box

B. Green box 821. What is the lock-in period of funds involved in Equity-linked Savings Scheme? C. Development Box A. No Lock-in Period D. Blue box B. 2 Years

C. 6 Months 818. ______measures the amount of money flowing from one country to other countries D. 3 Years over one monetary year.

A. Foreign institutional Investment 822. ______by IDBI Bank is a first of its kind B. Balance of Payments Mobile Money payment solution.

C. Foreign portfolio investment A. PayBid

D. BForeign Direct Investment B. PayId

C. Bipay

819. Which of the following is a component for D. PayApt calculating index ratio in the Inflation-indexed bonds? 823. Who appoints the Chairman of Finance A. WPI on Settlement date Commission? B. CPI on Settlement date A. Prime Minister C. WPI on Issue Date B. Union Finance Minister D. Both A & C C. Governor, RBI

D. President of India 820. The Reserve Bank of India has sold its entire stake in NABARD and NHB to the government based on the recommendation of 824. RBI has increased the bank credit to _____. NBFCs for on-lending to MSEs under Priority Sector Lending up to a limit of______A. Narasimham Committee percentage of bank’s total PSL. B. Raghuram Rajan Committee A. 4% C. Urjit Patel Committee B. 4.5% D. YV Reddy Committee

C. 5% 828. The fund that can be invested exclusively in government securities is known as ______. D. 5.5% A. Index Fund

B. Gilt Fund 825. The headquarters of National Payments Corporation of India (NPCI) is situated in C. Specific Fund ______. D. Liquid Fund A. New Delhi

B. Kolkata 829. Aditya Birla Health Insurance has entered C. Lucknow into a bancassurance partnership with which among the following banks? D. Mumbai A. Andhra Bank

B. ICICI Bank 826. SARFAESI Act was enacted to identify and rectify the problem of NPAs. ‘R’ in SARFAESI C. HDFC Bank stands for______. D. Axis Bank

A. Returns 830. Recently, the Confederation of Indian B. Recovery Industry unveiled FPI to assess the quality of Budgets. In FPI, ‘P’ denotes ______. C. Reconstruction A. Pricing D. Reduced B. Performance

C. Product 827. While exchanging the soiled notes, a person can be presented the maximum of ____ D. Producing pieces with a maximum value of _____ per day respectively. 831. CAMELS are a rating system is a A. 10, Rs 1000 recognized international rating system. In B. 20, Rs 2500 CAMELS, ‘M’ denotes

C.20, Rs 5000 A. Machine

D. 25, Rs 2500 B. Monitor

C. Management

D. Money B. Iran

C. Singapore

832. Which among the following is one of the D. A & B only trigger points of Prompt Corrective Action?

A. Cash Reserve Ratio 836. ______has partnered with SAP Ariba for B. Non-Performing Assets financial supply chain solutions.

C. Liquidity ratio A. HSBC Bank

D. Current ratio B. Deutsche Bank

C. Bank of Scotland

833. What is the minimum maturity period of D. Standard Chartered Bank the loan under the Liberalized Remittance

Scheme? 837. Which of the following authorities has A. 2 years power to regulate Infrastructure Debt Funds? B. 5 years A. SEBI C. 6 months B. RBI D. 1 year C. Both A & B

D. Ministry of Finance 834. ______is a technology used to verify the legitimacy or originality of paper documents, especially Cheques. 838. ______is held by a third-party bank, other than both banks who are doing the A. MMID transactions. B. MICR A. Loro Accounts C. IFSC B. VOSTRO Accounts D. SWIFT C. NOSTRO Accounts

D. NRI Accounts 835. Monetary authority of which of the following countries are members of the Asian Clearing Union (ACU)?

A. India

839. ______is an online address unique to C. Challa Sreenivasulu Setty each customer which can be used instead of D. Dr. Ajit Kumar Saxena providing bank account every time.

A. IFSC 843. Who among the following has been B. MMID appointed as the managing director and chief C. VPA executive officer (MD & CEO) of Bank of Baroda (BoB)? D. UPI A. Sanjiv Chadha

B. Lingam Venkat Prabhakar 840. Which among the following services cannot be provided through Micro ATMs? C. Atanu Kumar Das

A. Balance Enquiry D. Mahender Kumar Garg

B. Funds Transfer

C. Cash Withdrawal 844. Who among the following has been appointed as the managing director and chief D. Lending Loans executive officer (MD & CEO) of Canara Bank?

A. Sanjiv Chadha 841. RBI has bought _____ crore of long-term B. Lingam Venkat Prabhakar securities in fourth special open market operation and has sold Rs 2950 crore of short C. Atanu Kumar Das term bonds. D. Mahender Kumar Garg A. Rs 8000

B. Rs 5000 845. Who among the following has been C. Rs 12000 appointed as the managing director and chief executive officer (MD & CEO) of Bank of India? D. Rs 10,000 A. Sanjiv Chadha

B. Lingam Venkat Prabhakar 842. Who among the following is appointed as the Managing Director of the State Bank of C. Atanu Kumar Das India (SBI)? D. Mahender Kumar Garg A. Mahender Kumar Garg

B. Dr. Ashima Goyal

846. Country’s largest private sector bank, ICICI B. 23 bank has launched a Cardless cash withdrawal C. 24 facility from its ATMs with a per-day transaction limit of ______. D. 48

A. Rs. 5,000

B. Rs. 10,000 850. What does M stand for in the recently launched ‘MANI’ app by RBI? C. Rs. 15,000 A. Money D. Rs. 20,000 B. Mobile

C. Merchant 847. Which telecom company joins hands with Bharti AXA to provide Rs. 179 prepaid plan D. Members with life insurance of Rs 2 lakh

A. Idea 851. Punjab National bank has been merged B. Jio with which bank?

C. Airtel A. Indian Bank

D. BSNL B. Bank of Maharashtra

C. Bank of India

848. The Reserve Bank of India (RBI) has D. United Bank of India canceled the Certificate of Authorization of which Payment System Operator after it had voluntarily surrendered the authorization? 852. According to RBI, the interest rate linked A. Muthoot Vehicle & Asset Finance Ltd. to an external benchmark has to be revised at least once in how many months? B. Vodafone M-pesa Limited A. One month C. Tech Mahindra Limited B. Two Months D. PayMate India Pvt. Limited C. Three Months

D. Four Months 849. The fund transfers through the NEFT system occurs in how many batches in 24 hours?

A. 12

853. Which financial company has acquired the B. Michael Patra Essel Finance’s micro, small and medium C. Deepak Kumar Mohanty enterprises (MSME) loan business in India? D. M. Rajeshwar Rao A. Tata Capital

B. Adani Capital 857. Who among the following has acquired C. Bajaj Finserve DHFL General Insurance for around Rs 100 D. Mahindra & Mahindra Capital crore?

A. Kapil Wadhawan

854. RBI has increased the timeline for the B. Sachin Bansal conversion of minimum KYC detail for prepaid C. Vijay Shekhar Sharma payment instruments (PPIs) to full KYC compliant PPIs from 18 months to ______? The D. Ritesh Agarwal

A. 6 months

B. 12 months 858. The Reserve Bank of India (RBI) will now allow consumers to give an e-mandate for C. 18 months recurring payments made through Unified D. 24 months Payments Interface (UPI). The limit on such recurring transactions has been set at ______.

A. Rs. 2000 855. The RBI has appointed which bank as the lead convenor bank for the union territory of B. Rs. 4000 Ladakh? C. Rs. 15,000 A. Union Bank of India D. Rs. 10,000 B. Punjab National Bank

C. Canara Bank 859. The central govt in consultation with the D. State Bank of India Reserve Bank of India (RBI) has announced an increase in the authorized capital of which

public sector bank from 15,000 crores to 856. Who among the following has been 25,000 crores? appointed as the fourth deputy governor of the A. Indian Bank Reserve Bank of India? B. Union Bank of India A. Rabi N. Mishra C. Canara Bank

D. Indian Overseas Bank C. INR 75,000

D. INR 100,000

860. The Reserve Bank of India has recently revised the ‘Supervisory Action Framework’ of 864. What is ‘first A’ stands for in DTAA(a tax which category of banks? law)? A. Public Sector Banks A. Avoidance B. Private Sector Banks B. Average C. Foreign Banks C. Audit D. Urban Cooperative Banks D. Asset

861. What is ‘first A’ stands for in GAAR? 865. Who is the Chairman of National Bank for A. Account Agriculture and Rural Development (NABARD)?

B. Asset A. Mr. David Rasquinha

C. Anti B. Geetha Muralidhar

D. Audit C. T.S.Vijayan

D. Harsh Kumar Bhanwala

862. Where is the head quarter of National Bank for Agriculture and Rural Development 866. Union Government of India has renamed (NABARD)? the Department of Divestment to DIPAM. A. Mumbai What is ‘A’ stand for in DIPAM?

B. New Delhi A. Asset

C. Kolkata B. Account

D. Chennai C. Audit

D. Amount

863. What is the maximum amount that can be remitted through Nepal Remittance Scheme? 867. What is the maximum amount that can be A. INR 25,000 transfer through Immediate Payment Services (IMPS)? B. INR 50,000

A. Rs. 1, 00,000

B. Rs. 2, 00,000 871. Which of the following is not one of the quantitative measures of credit control used by C. Rs. 3, 00,000 Reserve Bank of India? D. Rs. 4, 00,000 A. SLR

B. CRR 868. ______is the nodal agency to C. Bank rate Policy provide licenses to e-commerce companies (including foreign)? D. Moral Suasion

A. Reserve Bank of India (RBI)

B. Foreign Investment Promotion Board (FIPB) 872. Which of the following ratio shows the amount of currency that people hold as a C. Department of Industrial Policy and proportion of aggregate deposits? Promotion (DIPP) A. Debit Deposit Ratio D. NPCI B. CASA Ratio

C. Currency Deposit Ratio 869. Which among these is the nodal agency for Unstructured Supplementary Service Data D. Credit Deposit Ratio (USSD) Service?

A. NPCI 873. Which of the following authorities appoint B. RBI Banking Ombudsman?

C. SBI A. Ministry of Finance, Government of India

D. SEBI B. Individual Commercial Banks

C. Reserve Bank of India

870. The International Development D. Indian Banks’ Association Association (IDA) is an arm

A. International Monetary Fund (IMF) 874. The was merged with B. World Bank which of the following banks?

C. Organization for Economic Co-operation and A. ICICI Bank Development (OECD) B. HDFC Bank D. Asian Development Bank

C. ING Vysya 878. Which of the following is/are TRUE regarding Shares in the capital market? D. Kotak Mahindra Bank A. The risk factor is high in shares than in debt

instruments 875. Addition of Product taxes and deduction B. It is a unit of ownership of product subsidies from GVA basic prices will provide C. Equity Shares have claim over the capital, profit and loss A. GVA factor cost D. All A, B & C B. GVA market price

C. GDP factor cost 879. Which of the following term denotes a D. GDP market price currency which is hyper-sensitive and fluctuates frequently often with political & economic situations? 876. ______panel of the RBI has recommended that the revised economic A. Hard Currency capital framework will be reviewed every five B. Hot Currency years. C. Soft Currency A. Usha Thorat D. Easy Currency B. Bimal Jalan

C. Nachiket Mor 880. According to Finance Ministry, GST D. Y V Reddy collection rose up ______% in August at Rs 98,202 crore.

877. Government, along with three other A. 3.57 mergers has decided to merge Canara Bank B. 4.51 and Syndicate Bank. It will become ______largest bank entity. C. 6.51

A. 2nd D. 2.67

B. 3rd

C. 4th 881. As per recent notification by NPCI, MDR has been revised to 0.30% with a maximum cap D. 5th of Rs 100 per transaction. ‘D’ in MDR stands for______.

A. Digital

B. Discount 885. Which of the following bank says to you, “Apno ka Bank”? C. Discreet A. Federal Bank D. Developed B. Allahabad Bank

C. Punjab National Bank 882. RBI has extended deadline for PPIs to become full KYC complaint, from D. RBL Bank ______months to______months.

A. 12, 16 886. In which of the following payment B. 9, 12 system(s) is the user required to provide Indian Financial System Code (IFSC) during C. 18, 24 transactions? D. 24, 30 A. Real Time Gross Settlement

B. National Electronic Funds Transfer 883. Which bank recently tied up with TATA C. Credit card and Debit card transactions AIG insurance for a diverse range of general insurance policies benefiting the bank’s D. Both A & B customers?

A. 887. ______is long-term unemployment B. Federal Bank caused by the decline of certain industries and changes in the production process. C. Corporation Bank A. Frictional unemployment D. Indian Bank B. Cyclical unemployment

C. Structural unemployment 884. Samsung India tied up with MasterCard and which other banks in India for mobile D. Seasonal unemployment payments?

A. Bank of India 888. Which of the following can act as Issuing B. ICICI Bank and Paying Agent for the issuance of Commercial Paper? C. RBL Bank A. Corporates D. Bank of Baroda

B. Foreign Institutions 892. Which of the following facility/service is NOT available in a White Label ATM? C. Scheduled Bank A. Regular Bills Payment D. Non-Scheduled Bank B. Cash Deposit

C. PIN change 889. Which of the following entities recently announced the establishment of the first global D. All the above ARE available green bond fund?

A. IMF, Deutsche Asset Management 893. As per the RBI annual report, Banking B. ADB, BNP Paribas Investment Partners fraud cases have witnessed a rise by over how much percentage (approx.) in FY-19 over FY- C. NDB, New York Life Investment 18? Management A. 70% D. None of these B. 78%

C. 80% 890. CMO is a generic term for a security backed by real estate mortgages. ‘O’ in CMO D. 85% stands for______.

A. Offerings 894. Which organisation recently underwent B. Obligation an agreement with Steel Users Federation of India for the launch of steel futures? C. Overseas A. National Stock Exchange D. Ombudsman B. Multi-commodity Exchange

C. Ahmedabad stock exchange 891. ECS is an electronic mode of payment / receipt for transactions that are repetitive and D. Bombay Stock Exchange periodic in nature. ‘C’ in ECS stands for?

A. Corporate 895. SBI recently rose up to Rs _____ Crore By B. Company Issuing Basel-III-Compliant Bonds.

C. Cash A. 2134

D. Clearing B. 3105

C. 4567

D. 5798 C. Equifax

D. All of the above

896. ICAAP is a process which helps banks in India to assess the capital requirement under 900. Which of the following option is BASEL norms. What is ‘I’ in ICAAP? INCORRECT regarding Treasury Bills? A. Internal A. They have a maximum maturity period of 192 B. Investment days

C. Industry B. They pay maximum interest among other instruments D. Integrated C. They are issued by Finance Ministry

D. All A, B & C 897. The “India Microfinance Equity Fund” is operated through ______.

A. MUDRA Bank 901. Which of the following is/are NOT feature (s) of an Underdeveloped Economy? B. SIDBI A. Dominance of tertiary sector C. RBI B. Widespread Poverty D. Scheduled banks C. income inequalities

D. Standard of living is low 898. Who among the following is/are eligible for opening a Fixed Deposit in a bank?

A. Hindu Undivided Family 902. Which of the following is/are components of ‘Gross Domestic Products (GDP)’? B. Limited Companies A. Value of intermediate goods produced in C. Clubs and Societies India D. All A, B & C B. Value of final goods produced in India

C. Value of intermediate as well as final goods 899. Among the following which are the Indian produced outside India. credit bureaus? D. Value of final goods produced in India as well A. CIBIL TransUnion as outside India.

B. Experian

903. SDR is an international reserve asset B. Loans raised by the Government by the issue created by the International Monetary Fund of Treasury Bills. (IMF). ‘D’ in ‘SDR’ stands for ______. C. Loans or ways and means advances received A. Domestic by the Government

B. Dynamic D. Revenues received by the Government of India C. Determined

D. Drawing 907. The Integrated Child Development

Scheme is one of biggest child development 904. What should be subtracted from the Fiscal schemes in the world run in our country. This Deficit to get Primary Deficit? scheme was launched in the year –

A. Total Expenditure A. 1978

B. Revenue Deficit B. 1980

C. Interest Payment C. 1975

D. Transfer Payment D. 1989

905. Which of the following statements is 908. You must have heard of the ‘LPG reforms’ CORRECT about the ‘Index of Industrial in context of Indian economy. What does G Production (IIP)’? stand for?

A. It is released by the National Sample Survey A. Growth Office (NSSO). B. Gross B. The base year is 2004-05. C. General C. It is compiled and published monthly. D. Globalization D. It doesn’t measure the short-term changes in the volume of production of a basket of industrial products. 909. You must have heard about ETFs in your study of economics, what does ‘E’ stands for in

ETF? 906. Which among the following incomes is a A. Enterprise component of the ‘Public Accounts of India’? B. Exchange A. Small Savings Schemes C. Entity

D. External C. 3.8%

D. 3.0%

910. Which of the following is/are the instruments of Monetary Policy used by RBI in 914. Small Finance Banks are licensed under India? ______of Banking Regulation Act, 1949. A. Reverse Repo Rate A. Section 2 B. Marginal Standing Facility B. Section 10 C. Liquidity Adjustment Facility C. Section 9 D. All A, B & C D. Section 22

911. RBI has discontinued LOUs issued by 915. Which among the following determines banks in India. What does ‘U’ stand for? the ability of any organization to meet the A. Understanding financial losses?

B. Undertaking A. Liquidity Ratio

C. Underwritten B. Investment Ratio

D. Understandable C. Leverage Ratio

D. Transfer Ratio

912. Which of the following is/are included while calculating GDP? 916. What is the applicable limit for social A. Final goods and services sold for money infrastructure loans under priority sector?

B. Transfer payments A. Rs 5 crore

C. Sales of used goods B. Rs 10 crore

D. Non-monetary compensated work C. Rs 20 crore

D. Rs 12 crore

913. What is the estimated (projected) fiscal deficit for 2020-21 as a percentage of GDP? 917. Which bank launched the digital fixed- A. 2.5% deposit product called ‘Express FD’ in India?

B. 2.8% A. Yes Bank

B. ICICI Bank D. In 1956 RBI replaced minimum reserve system by proportional reserve system C. Standard Chartered Bank

D. Axis Bank 921. “AePS” is a bank-led model for

transactions at micro-ATMs. Here, A stands for 918. Which state government launched ______“Abhinandan scheme” to give a Rs. 50,000 A. Actual subsidy to education loans? B. Arbitrary A. Arunachal Pradesh C. Approved B. Sikkim D. Aadhar C. Assam

D. Nagaland 922. The GSP is the oldest US trade preference

programme which is designed to promote 919. Reserve Bank of India recently mandated economic development by allowing duty – free non-banking financial companies (NBFCs) with entry for thousands of products from assets of more than ₹5,000 crore to appoint a designated beneficiary countries? What does P CRO. What is ‘R’ in CRO? stand for in GSP?

A. Reporting A. Party

B. Representative B. Parity

C. Reinstate C. Preferences

D. Risk D. Purchase

920. Which among the following statement is 923. Which bank has launched the web tool – not true regarding RBI (Reserve Bank Of India)? ‘Vasool So-Ft’ (Vasool So-Fast) – for digitalizing the NPA (non-performing asset) recovery A. RBI was originally setup as a private entity in process of the bank? 1935, but it was nationalized in 1949 A. State Bank of India B. RBI is governed by a central board of directors, appointed by the government B. Corporation Bank

C. RBI manages all foreign exchanges under C. Foreign Exchange Management Act of 1999 D. Indian Bank

percent of the total Central Government expenditure for the Financial Year 2019-20. 924. Which bank has set up a Centralized MSME & Retail Group (Cen-MARG) to process A. 13.23 retail and MSME loans for better efficiency of B. 15.47 branches in business acquisition? C. 16.87 A. Punjab National Bank D. 17.42 B. Allahabad Bank

C. Indian Bank 928. According to World Bank, ______D. Punjab & Sind Bank retained its position as the world’s top recipient of remittances with its Diaspora sending a whopping USD 79 billion back home 925. An amount of Rs. ______crore has in 2018. been provided for FY 2019-20 to create World Class Institutions in the field of education. A. USA

A. 300 B. India

B. 400 C. Singapore

C. 500 D. Malaysia

D. 600

929. Fitch Ratings cut India’s economic growth forecast for the next financial year starting 926. The Fertilizer Subsidy allocations have April 1 2019, to ______% from its previous seen a hike of around Rs. ______crores in estimate of 7%. Budget Estimates 2019-20 from Rs. 70,090.35 crores (Budget Estimates 2018-19). A. 6.5

A. 5,000 B. 6.6

B. 10,000 C. 6.7

C. 15,000 D. 6.8

D. 20,000

930. Which state launched a one-time settlement scheme for those who have taken a 927. Total Defence Allocation, including loan of up to Rs 60 lakh from co-operative Defence Pension, accounts for ______banks, in July 2019?

A. Punjab C. National Securities Defense Ltd.

B. Uttarakhand D. Enforcement Directorate

C. Uttar Pradesh

D. Bihar 934. In which of the following types of banking, there is a direct execution of transaction

between a bank and its consumers? 931. Ayushaman Bharat is the world’s largest A. Retail Banking healthcare insurance scheme. How many poor families have been identified to be eligible for B. Universal Banking this scheme under the Socio-Economic Caste C. Virtual Banking Census (SECC)? D. Unit Banking A. 10.74 crore poor families

B. 5.74 crore poor families 935. Expand MAT related to tax? C. 2.74 crore poor families A. Minimum Additional Tax D. 8.74 crore poor families B. Maximum Alternative Tax

C. Maximum Additional Tax

D. Minimum Alternative Tax 932. Bank holidays under Section 25 of the Negotiable Instruments Act, 1881 are declared by: 936. If the RBI wants to infuse credit in Banking A. Respective State/UTs Government system in our country, which of the followings can be done? B. Banking Operations Department A. Decreasing CRR C. Bank Union B. Decreasing SLR D. RBI C. Both A and B

D. None of the above 933. The tax payers data flows directly from banks to Tax Information Network (TIN). Who maintains TIN? 937. Which is an interest-free period that is to A. RBI be given by a creditor to debtor?

B. National Securities Depository Ltd. A. Fixed Period

B. Preset Period 941. Which of the following component of external sector comes under Current Account in C. Grace Period India? D. All of the above A. FDI

B. Interest payments received by government 938. Which among the following is not an C. External Commercial Borrowings example of Non – Linear Derivative? D. FII A. Convertibles

B. Swaps 942. The minimum denomination in which the C. Options Treasury Bills can be issued in India is: D. Equity linked bonds A. Rs 10,000

B. Rs 25,000 939. Which among the following does the C. Rs 50,000 Section 47 (A) of The Banking Regulation Act, 1949 include? D. Rs 1 lakh

A. Application of other laws not barred

B. Power of Reserve Bank to impose penalty 943. Which of the following is not included in government securities? C. Disposal of non – banking assets A. Promissory notes D. Requirement as to minimum paid – up capital and reserves B. Debentures

C. Bearer bonds

940. Under a money back policy, the payment D. All of the above of sum assured to the insured which has become due by installments is known as ______. 944. The maximum amount of insurance that can be taken under micro insurance policies is A. Claim Amount – B. Guaranteed Insurance Sum A. Rs 25000 C. Survival Benefit B. Rs 75000 D. Surrendered value C. Rs 1 lakh

D. Rs 50000 B. Rs. 500 crores

C. Rs. 750 crores

945. As per the Union Budget 2019-20, Income D. Rs. 100 crores up to Rs. ______exempted from income tax. 949. ______is a temporary finance facility A. 8 lakh provided to Government of India by RBI to B. 6 lakh accommodate mismatch in the government’s receipts and payments. C. 5 lakh A. LAF D. 4 lakh B. WMA

C. SLR 946. Deposit Insurance and Credit Guarantee Corporation is a subsidiary of Reserve Bank of D. WACR India. The authorized capital of DICGC is

______950. Which of the following statements in A. 100 Crore context of Treasury bills (T- Bills) is not correct? B. 200 Crore A. T-bills offer short-term investment C. 150 Crore opportunities, generally up to one year

D. 50 Crore B. T-bills are available for a minimum amount of Rs.25,000

C. T-bills auctions are held at the SEBI 947. What is the expand form of ‘OTC’? headquarter. A. Opposite Tenure Counter D. Both A & B B. Over Term Counter

C. Over Transfer of Cash 951. As per the latest ADB estimates, India’s D. Over the Counter GDP growth forecast will be ______for 2019-2020.

A. 7% 948. What is the Paid-up Share Capital of Agriculture Insurance Company of India? B. 7.3%

A. Rs. 200 crores C. 7.2%

D. 7.5%

955. The government of India projected an increase of ______in non-Goods and 952. Which of the below sentences is/are Services Tax collection in 2022-23. correct? A. 25% A. SBI has issued draft guidelines on liquidity management for the NBFCS and proposed a B. 24% liquidity coverage ratio for large NBFCs. C. 25.5% B. It covers all deposit taking NBFCs and non- D. 26.6% deposit taking NBFCs with an asset size of Rs 5,000 crore and above.

C. Company fixed deposits (FDs), unlike bank 956. Which of the following banks are not FDs, don’t come with insurance. removed from Prompt Corrective Action Framework? D. Only B and C A. Lakshmi Vilas Bank

B. Allahabad Bank 953. Recently, S&P Global Ratings reduced India’s growth projection for 2019-20 from C. Corporation Bank 7.1% to ______%. D. Dhanlaxmi Bank A. 6.9

B. 6.7 957. Which of the following alongwith C. 6.5 Insurance Regulatory and Development Authority of India (IRDAI) set up Regulatory D. 6.3 Sandbox for fintech innovations in 2019?

A. Pension Fund Regulatory and Development 954. India’s largest lender is hoping to Authority capitalize on the country’s shadow banking B. Telecom Regulatory Authority of India crisis by building its ______. C. Securities and Exchange Board of India A. Mortgage D. Association of Mutual Funds in India B. Small business loan book

C. Shares 958. Which bank has launched ‘Corp SME D. Both A and B Suvidha’, a product for GST-registered MSMEs? Answer: D

A. HDFC Bank ______lakh crore as of 2018-19, the highest since 2012-13 fiscal. B. Corporation Bank A. 7.55 C. Central Bank of India B. 8.55 D. Axis Bank C. 10.55

D. 11.55 959. Which of the following statement is true with respect to Substandard Asset?

A. Substandard Asset is the asset which 962. Inflation is measured by which index in remained as non performing Assets for 3 India? months. A. Wholesale Price Index B. Substandard Asset is the asset which B. Consumer Price Index remained as non performing Assets for 6 months. C. Index of Agricultural Production

C. Substandard Asset is the asset which D. National Domestic Product remained as non performing Assets for 9 months.

D. Substandard Asset is the asset which 963. Which of the following activity does not remained as non performing Assets for 12 come under Para Banking Services? months. A. Insurance

B. Portfolio Management 960. Which of the following security is C. Mutual Fund Business immovable property but remains in possession of the borrower instead of the lender? D. Giving credit

A. Pledge

B. Hypothecation 964. Who among the following has an option to open a Non-Resident Ordinary Rupee (NRO) C. Mortgage account? D. Lien A. Non-Resident of India (NRI)

B. Person of Indian Origin (PIO) 961. As per the RBI, bank credit to C. Overseas Citizen of India (OCI) infrastructure sector grew by 18.5% to Rs D. All the above

B. Rs 20000

965. What are the loans taken from a lender C. Rs 15000 and has to be repaid after a fixed interval of D. Rs 50000 time are called?

A. Formal sector loans 969. In banking parlance, CDS stands for B. Informal sector loans ______. C. General loans A. Corporate Debt Swap D. Commercial loans B. Corporate Dilution Scheme

C. Credit Default Swap 966. As per the data released by NPCI, the D. Credit Delivery Scheme number of transactions over the Unified Payments Interface in August hit a record ______with a total worth of ______. 970. In FINO PayTech, ‘I’ stands for ______. A. 918 million, 1.54 lakh crore A. International B. 1000 million, 10 lakh crore B. Initiative C. 1000 million, 7 lakh crore C. Institution D. 918 million, 3.0 lakh crore D. Inclusion

967. What does ‘N’ stand for in the important banking abbreviation NDTL? 971. Who presented the first Union budget of independent India? A. National A. Jawaharlal Nehru B. Net B. Vallabhai Patel C. Numeric C. Bhimrao Ambedkar D. Nominal D. RK Sanmukham Chetty

968. What is the maximum amount that can be transferred through the Aadhaar Enabled 972. What is the minimum Capital Adequacy Payment System (AEPS) per account per day? ratio to be maintained by payment banks in India? A. Rs 25000

A. 11%

B. 12% 976. ______is a product for which demand increases as the price increases and falls when C. 11.5% the price decreases. D. 15% A. Complementary Goods

B. Novice Goods 973. ______is a fixed amount that is received C. Giffen Goods or paid at regular intervals for a specified period. D. Auxiliary Goods

A. Perpetuity

B. Annuity 977. Which of the following small finance bank of India recently proposed issuing shares of the C. Premium bank to its shareholders without cash D. Dividend consideration?

A. Ujjivan SFB

974. As per RBI mandate, banks may choose B. Equitas SFB any benchmark market interest rate published C. Utkarsh SFB by FBIL for linking of their loan products. What is ‘I’ in FBIL? D. Fincare SFB

A. Integrated

B. Industrial 978. Bank of Baroda has planned to raise capital up to Rs ______crore through C. Interest tier-II bonds for meeting capital adequacy D. India norms for the newly merged entity.

A. 5000

975. Government has decided to infuse Rs B. 1500 ______crore in IDBI Bank to work out as C. 2400 bailout money for the bank D. 3000 A. 8000

B. 14000 979. The maximum incentive that could be C. 11000 received as a Merchant on BHIM Aadhar Pay D. 9000 App is ______.

A. Rs 3000 983. What is the function of Authorised Money Changers? B. Rs 50 A. Deal in foreign exchange facilities C. Rs 2000 B. Distribution of new notes for soiled notes D. Rs 5000 C. Converting physical money into digital

currency 980. RBI, recently declined ______request D. Facilitating online transactions within and to extend listing deadline for small finance outside country bank.

A. Ujjivan 984. What was the initial corpus with which B. Jana Rural Infrastructure Development Fund was set C. Equitas up?

D. AU A. Rs 1000 Crore

B. Rs 750 Crore

981. The Nainital bank is a subsidiary of C. Rs 1250 Crore ______. D. Rs 2000 Crore A. Bank of Baroda

B. Axis Bank 985. What is the Capital to Risk- weighted C. Punjab National Bank Assets Ratio (CRAR) to be maintained by Indian Banks under Basel III norms? D. Bandhan Bank A. 8%

B. 6% 982. Which of the following term is used to define a period of time when someone goes C. 9% without insurance coverage? D. 7% A. Endorsement

B. Lapse 986. Which of the following is a competitive C. Condominium market situation where there are many sellers, but they are selling heterogeneous (dissimilar) D. Arson goods?

A. Absolute Competition

B. Imperfect Competition 990. Which among the following is true about ‘Perpetual Bond’? C. Perfect Competition A. A bond with tax-free interest D. Oligopolistic Competition B. A bond with high yields

C. A bond with a redeemable option 987. Automated Teller Machines (ATMs) set up, owned and operated by non-bank entities D. A bond with fixed income are called ______ATMs.

A. Brown-label 991. SBI recently offered MUDRA loans to B. Blue-label Kerala broiler farmers. What is the maximum Loan limit under MUDRA? C. White-label A. Rs 4 Lakh D. Grey-label B. Rs 10 Lakh

C. Rs 12 Lakh 988. Insurance premiums cannot be paid by ______D. Rs 5 Lakh

A. Promissory Note

B. UPI 992. There are basically _____ principles that govern the insurance. C. RuPay Card A. 10 D. Both A & B B. 12

C. 7 989. Reserve Bank has identified four broad areas for targeted policy intervention to D. 5 improve the existing payments system. Which of the following is not among them? 993. “Sar utha ke jiyo” is a tagline of A. Competition ______. B. Cost A. SBI Life Insurance C. Coverage B. Postal Life Insurance D. Convenience C. HDFC Standard Life Insurance

D. Aviva Life Insurance

A. BOB

994. In FY-20, NBFCs are expected to grow by B. Union Bank of India ______, as per Ratings agency India C. SBI Ratings. D. IDBI A. 4-5%

B. 6-7% 998. IDBI Bank announced its decision to C. 8-9% launch co-branded credit card with which of D. 10-12% the following organization?

A. EPFO

995. Insurance regulator IRDAI formed a B. NHB working group to revisit norms on trade credit C. RBI insurance. Where is the headquarters of IRDAI situated? D. LIC

A. Pune

B. Mumbai 999. Recently, RBI Panel under the chairmanship of ______has recommended C. Chennai that an intermediary be set up under the D. Hyderabad National Housing Bank (NHB).

A. Bimal Jalan

996. State Bank of India has planned to sell B. Pami Dua ______percent stake in SBI Life Insurance for ₹ C. VK Johri 3465 Crore. D. Harsh Vardhan A. 4.5%

B. 6.5% 1000. ______, recently rationalized MDR for C. 3.5% RuPay debit card deals. D. 5.0% A. IBDRT

B. NPCI 997. ______, recently came out with new C. RBI ATM withdrawal charges, to be revised from October 1. D. None of th

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