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 D. Dhanlaxmi Bank 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. Bank of Baroda 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. Yes Bank 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. Google Pay 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. Bank of India 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. Punjab National Bank D. 4.9% B. State Bank of India 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 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 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 Government of India 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. Lakshmi Vilas Bank (LVB) 38. What is the name of crypto currency, which 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 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.