FREE EBOOK Top 300+ Banking & Financial Awareness Questions SBI Clerk 2021 For SBI Clerk Mains 2021 Free e-book 300+ Banking/ Financial Awareness Qs Top 300+ Banking/ Financial Awareness Questions 1. Who among the following has been given 5. Which of the following has recently the additional charge as the Central Board of approved the acquisition of Avana Logistek Direct Taxes chairman? Limited, Transworld Feeders Private Limited and Transworld Feeders FZCO by Unifeeder A. P C Mody ISC FZCO? B. J B Mohapatra C. Vinay K Nandicoori A. CCI D. Ravneet Singh B. ICCCI E. None of the above C. NABARD D. NAFED Correct Answer: “B” E. RBI 2. Who among the following has been Correct Answer: “A” appointed as the World Bank Education Advisor? 6. Which of the following umbrella organization for retail payments in India has A. Beula Gabriel onboarded PayCore, a global payments B. Arghya Banerjee solutions company based out of Turkey, to C. Ranjitsinh Disale develop SoftPoS solutions? D. Kiran Bir Sethi E. Omprakash Mishra A. NTPC B. UPI Correct Answer: “C” C. Phone pay 3. Which of the following sub-group is not D. Paypal included in the cost of living index? E. NPCI A. Food and Beverages Correct Answer: “E” B. Fuel and Light 7. Gift city regulator IFSCA has constituted an C. Housing and Clothing expert committee on Investment Funds. Who D. Manufactured goods has headed the expert committee on E. None of the above Investment Funds? Correct Answer: “D” A. T V Narendran 4. Which of the following multinational B. Nilesh Shah investment bank has recently appointed C. K. Narendran Hitendra Dave as Chief Executive Officer? D. V.C Sushil Kumar E. G. Prakash Kumar A. Goldman Sachs B. Citi Private Bank Correct Answer: “B” C. HSBC bank 8. Which of the following Navaratna NBFC to D. JPMorgan Chase set up 1000 LPM Oxygen Generation Plant E. Deutsche Bank and other medical facilities at Base Hospital, Correct Answer: “C” Pithoragarh, Uttarakhand? A. REC Limited B. BHEL Ltd C. POWERGRID D. EESL E. CESL Free e-book 300+ Banking/ Financial Awareness Qs Top 300+ Banking/ Financial Awareness Questions Correct Answer: “A” 13. Which among the following is not true about Non-Banking Financial Company - Peer 9. Central government has set up a panel of to Peer Lending Platform? state ministers to examine valuation of services by casinos, online gaming for GST. A. NBFC - P2P shall maintain a Leverage The seven- member panel, convened by Ration not exceeding 2. B. NBFC-P2P shall have a net owned fund of A. Amit Shah not less than rupees twenty million B. Ajith Doval C. The maturity of the loans shall not exceed C. Nitin Patel 24 months D. Suman Rao D. Non-banking financial company - Peer to E. Narendra Modi Peer Lending Platform means a non- banking Correct Answer: “C” institution which carries on the business of a Peer to Peer Lending Platform. 10. The World Bank projected India’s E. All are true economy to grow at in 2021 and in 2022. Correct Answer: “C” A. 8.3%, 7.5% 14. Which of the following is the first one in B. 7.5%, 3.5% the industry to introduce an instant ‘Cardless C. 8.3%, 6.5% EMI’ for online shopping? D. 7.5%, 9.2% A. State Bank of India E. 11%, 12% B. HDFC Bank Correct Answer: “A” C. ICICI Bank D. IDBI Bank 11. The first asset reconstruction company E. IDFC First Bank of India ARCIL was setup under the SARFAESI act in 2002 by four major banks. Which all Correct Answer: “C” are the four banks? 15. Which of the following NBFCs acquired a A. SBI, ICICI, PNB & HDFC 54% stake in Paymatrix? B. SBI, RRB, PNB & NABARD A. Power Finance Corporation Limited C. SBI, NABARD, PNB & IDBI B. Muthoot Finance Ltd D. PNB, Syndicate, SBI & AXIS C. Tata Capital Financial Services Ltd E. SBI, PNB, ICICI & IDBI D. HDB Finance Services Ltd Correct Answer: “E” E. None of the above 12. The Securitisation and Reconstruction of Correct Answer: “B” Financial Assets and Enforcement of Securities Interest Act Six-digit HSN or tariff code was made mandatory for businesses with turnover of more than? A. Rs.15 crore B. Rs.20 crore C. Rs.10 crore D. Rs.25 crore E. Rs.5 crore Correct Answer: “E” Free e-book 300+ Banking/ Financial Awareness Qs Top 300+ Banking/ Financial Awareness Questions 16. What is a loan that a government makes A. BharatPe to a foreign borrower in exchange for the B. PhonePe promise that the borrower will use the loan C. Google pay to purchase goods from the lender’s D. Paytm country? E. Paypal A. Cash Advances Correct Answer: “A” B. Tied Loans 20. India was elected to the Economic and C. Line of Credit Social Council (ECOSOC), one of the 6 main D. Bridge Loan organs of the United Nations, for the- E. Cash Flow Financing ______term. Correct Answer: “B” A. 2021-22 17. Which of the following bank has recently B. 2022-25 announced a collaboration with SWIFT to C. 2025-28 offer the instant facility for cross-border D. 2022-24 inward remittances? E. 2022-26 A. SBI Correct Answer: “D” B. IDBI Bank 21. Which of the following state government C. ICICI Bank has recently launched Revv Up for AI startups D. HDFC Bank to solve tough business problems? E. Axis Bank A. Andhra Pradesh Correct Answer: “C” B. Goa 18. Read the following statements C. Tamil Nadu D. Kerala A. According to a UN report, India received E. Telangana USD 64 billion in foreign direct investments (FDI) in 2020. Correct Answer: “E” B. According to a UN report, India is the fifth- 22. Which of the following state government largest recipient of inflows in the world. recently launched Knowledge-Economy C. According to a UN report, The pandemic Mission to boost job prospects? hindered the demand for digital infrastructure and services globally. A. Uttar Pradesh B. Tamil Nadu Choose the incorrect statements C. Kerala A. Only A D. Goa B. Only B E. None of the above C. Only C Correct Answer: “C” D. All of the above E. None of the above 23. The apex bank of India, the Reserve Bank of India, recently announced a separate Correct Answer: “C” liquidity window of For Certain Contact 19. RBI allowed Centrum Group to take over Intensive Sectors. PMC bank and re-launch it as a small finance A. ₹ 150 crores bank in a joint venture with B. ₹ 1500 Crores C. ₹ 15000 Crores Free e-book 300+ Banking/ Financial Awareness Qs Top 300+ Banking/ Financial Awareness Questions D. ₹ 130 Crores A. Tax levied on companies whose shares are E. ₹ 140 Crores listed on the stock market. B. Tax levied on companies to issue Correct Answer: “C” preference shares. 24. Which of the following entities partnered C. Tax levied on incomes raised by Foreign together to launch Step Up credit card? Direct Investments D. Tax levied on start-ups to issue IPO. A. State Bank of India E. Tax levied on the income payable on capital B. SBM raised by unlisted companies via issue of C. Paisabazaar shares. D. Both (2) & (3) E Both (1) & (3) Correct Answer: “E” Correct Answer: “D” 29. ADB, India signed $100 million sovereign loan to upgrade Bengaluru's power 25. ASBA is a mechanism which helps distribution system recently. How much loan investors to subscribe Initial Public offerings. was offered without sovereign guarantee in What does "B" represent in the abbreviation the same MoU? of "ASBA"? A. $50 million A. Blockchain B. $70 million B. Banking C. $90 million C. Blocked D. $80 million D. Bancassurance E. $75 million E. Beneficiary Correct Answer: “C” Correct Answer: “C” 26. Foreign investment beyond percentage has been permitted through government 30. How long is the Forex Market open in approval route in Defence sector. India? A. 74 A. 9 AM to 5 PM B. 68 B. 3 AM to 9 PM C. 49 C. 5 AM to 9 PM D. 52 D. 12 hours a day E. 83 E. 24 hours a day Correct Answer: “A” Correct Answer: “E” 27. Which 2-wheeler company recently 31. When was the RuPay card launched? crossed market capitalisation of Rs.1 Lakh A. 2013 crore? B. 2010 A. Hero Motocorp C. 2011 B. TVS Motor D. 2012 C. India Yamaha Motors E. 2014 D. Bajaj Auto Correct Answer: “D” E. Honda Motorcycle & Scooter 32. Which of the following prepaid gift card Correct Answer: “D” has recently launched by LIC Cards Service in 28. What is an angel tax? Free e-book 300+ Banking/ Financial Awareness Qs Top 300+ Banking/ Financial Awareness Questions collaboration with IDBI Bank on the RuPay A. I and II platform? B. Only I C. I and III A. Shagun D. Only III B. Shakti C. Samman Correct Answer: “C” D. Suvarna 36. When is Micro, Small and Medium-sized E. None of the above Enterprises (MSMEs) Day celebrated every Correct Answer: “A” year? 33. The International Financial Services A. June 27 Centers Authority (IFSCA) has formed a B. June 26 committee to explore avenues for ship C. June 25 financing and leasing. Who is the chairman of D. June 28 the committee? E. June 24 A. Kaushik Basu Correct Answer: “A” B. Vandana Aggarwal 37. Recently SEBI announced that C. Jayati Ghosh alternative investment funds (AIFs)can invest D. Bina Agarwal in securities of investee companies and in E. Deepali Pant Joshi units of other AIFs. This was subject to Correct Answer: “B” disclosures in PPM.