Stay Connected With SPNotifier EBooks for Bank Exams, SSC &Railways 2020 General Awareness EBooks Computer Awareness EBooks Monthly Current Affairs Capsules 1. The Reserve Bank of India (RBI) has 5. A Scheme for Promoting Innovation, Rural increased the limits imposed on peer-to-peer Industry and Entrepreneurship (ASPIRE) will be lenders to _____. implemented through which bank? A. 10 lakh A. SBI B. 20 Lakh B. IDBI C. 30 lakh C. SIDBI D. 50 lakh D. BOB 2. The fund transfers through the NEFT system 6. The SWIFT international payment network is occur in how many batches? one of the largest financial messaging systems in the world of USA, as equivalent to that CIPS A. 6 is of which country? B. 12 A. Russia C. 16 B. China D. 23 C. Japan 3. Nippon which acquires additional 21.54% D. France stake in Reliance Nippon Life Asset Management is a company of which country? 7. Bank of Baroda partnered with which state government to provide MSME loans? A. China A. Maharashtra B. Russia B. Andhra Pradesh C. USA C. Telangana D. Japan D. Rajasthan 4. RBI rejects merger of which two banks? 8. What does P stand for in STP? A. Yes Bank and IndiaBulls A. Powered B. Dhanlaxmi Bank and IndiaBulls B. Processing C. Yes Bank and Dhanlaxmi Bank C. Premier D. Dhanlaxmi Bank and Edelweiss Broking Limited D. Partnership 9. What is the full form of CIRP? B. Hindustan Petroleum A. Central Insolvency Resolution Process C. Indian Oil Corporation Limited B. Credit Insolvency Resolution Process D. National Small Industries Corporation Limited C. Company Insolvency Resolution Process 13. Who is appointed as an Additional Director of Dhanlaxmi Bank? D. Corporate Insolvency Resolution Process A. V Viswanathan 10. The nationwide campaign, ‘Team Cashless India’ to accelerate the acceptance and B. Rakesh Makhija adoption of digital payments in India has been C. Rajesh Puri initiated by which company? D. Rajnish Kumar A. Visa 14. Which of the following health insurance B. MasterCard companies has an innovative Cancer Protect C. Paytm Cover health insurance plan in partnership with MobiKwik? D. Google Pay A. Apollo Munich Health Insurance Answer: B B. Aditya Birla Health Insurance Co. Limited 11. Which of the following tech-based companies has partnered with Accelerated C. HDFC ERGO General Insurance company Growth of New India’s Innovations (AGNIi) to Limited support the development of sustainable D. ICICI Lombard General Insurance Company innovations and technologies across Limited industries? A. Matter port 15. On December 04, 2019, Indian Prime B. DuPont Minister Mr. Narendra Modi Launched RuPay C. Siemens Card in which of the following countries via video conferencing? D. Knewton A. Oman 12. Which of the following Public Sector Companies has signed a memorandum of B. Maldives understanding (MoU) with Saudi Aramco for C. Sri Lanka the development of Micro, Small and Medium Enterprises (MSME) sector in India in Oil & Gas D. Mauritius Sector? A. Oil and Natural Gas Corporation 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. Punjab National Bank D. 4.9% B. State Bank of India C. Union Bank 21. Base rate calculation can be made by banks D. Bank of India __________. A. As per the method suggested by RBI. 18. Which General Insurance Company has B. As per their own method. launched my: health Woman Suraksha policy? C. If banks adopt their own method, it should be A. ICICI Prudential consistent. B. Life Insurance Corporation D. All A, B and C C. HDFC ERGO D. SBI LIFE 22. Under Pradhan Mantri Jan Dhan Yojana life insurance is managed by ____________. A. HDFC Ergo Insurance Company 19. On November 23, 2019, India First Life Insurance, a leading life insurance company in B. Life Insurance Corporation of India India has partnered with which financial C. GIC D. NICL A. Inflation B. Deflation 23. Bombay Stock Exchange 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. Chit Fund Companies _________. A. Negotiable Instrument Act, 1881 28. The Reserve bank of India 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 25. When Repo Rate is reduced by RBI, it leads C. Hunter Commission to – D. Hilton Young Commission A. Reduction of cost to borrowers on loans from banks. 29. How much amount is given as monthly B. Increase in cost of loans of borrowers from pension to the beneficiaries after attaining the banks. age of 60 years under Pradhan Mantri Shram C. Reduction in cost of borrowing by banks Yogi Maan-Dhan? from RBI. A. Rs.3000 D. Increase in cost of borrowing by banks from B. Rs.2000 RBI. C. Rs.1500 D. Rs.1000 26. Real Interest Rate is an interest rate that is adjusted for _______. 30.Among the following, which one is not a C. 2010 credit rating agency operating in India? D. 2016 A. CRISIL B. ICRA 34. Expansion of ASEAN is- C. Dow Jones A. Association of Southeast African Nations D. CARE B. Association of Southeast American Nations 31. Pradhan Mantri Awas Yojana (PMAY) is an C. Association of Southeast Antarctic Nations initiative by Government of India in wch affordable housing will be provided to the D. Association of Southeast Asian Nations urban poor with a target of building 20 million affordable houses by 31 March 2022. It was launched in ________. 35. Who among the following has written the A. 2015 book named ‘Indian Economy: Gandhi an Blue print”? B. 2016 A. Acharya Vinoba Bhave C. 2017 B. Morarji Desai D. 2014 C. Jai Prakash N D. Jaswant Singh 32. under which of the following methods of depreciation, amount of depreciation varies every year? 36. Scheduled bank refers to a bank: A. Written Down Value Method A. Authorizes by central government to B. Straight Line Method transaction government business C. Amount of depreciation does not vary on B. Registered with ministry of finance, Govt. of year to year basis India D. Either A or B C. Which is included in the second schedule to the RBI act, 1934 D. Incorporated as a cooperative society 33. In which year, a new rupee symbol ‘₹’, was officially adopted in India? A. 2001 37. As per Basel III, which of the following is a part of Operational Risk? B. 2005 A. Legal risk 41. Which bank was placed under the Prompt Corrective Action (PCA) Framework by Reserve B. Reputational risk Bank of India (RBI) due to reasons like high net C. Strategic risk NPA (Non-Performing Assets)? D. All of the above A. Yes Bank B. Dhanlaxmi Bank 38. What is the name of crypto currency, which C. Lakshmi Vilas Bank (LVB) will be launched by Face book in 2020? D. City Union Bank (CUB) A. Libra B. Lite coin 42. Which country’s Central bank has released C. Name coin three coins (100, 1000 and 2500 denomination) 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 A. Private sector D. Sri Lanka B. FDI C. Market 43. What is term money? D. Public sector A. Refers to the borrowing or lending of funds for 1 day. 40. In case a cheque is torn into two or more B. Refers to borrowing and lending of funds for pieces and presented for payment, such a a period of more than 14 days. cheque is called _________. C. Refers to the borrowing and lending of funds A. Antedated Cheque for 2-14 days. B. State Cheque D. It is lent or borrowed for one day or on overnight basis. C. Mutilated Cheque D. Post-dated Cheque 44. Which of the following is not a method of measuring National Income? 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 construction material, food and beverages, logistics? 50. National Bank for Agriculture and Rural Development (NABARD) was established in? A.