Banking And Financial Awareness MCQ - Set 18

Banking And Financial Awareness MCQ - Set 18

Dear Readers, 

Study the Banking Articles, Daily Current Affairs Update from Achiever's Rule to prepare for the upcoming Govt. Exams. You must solve the Banking And Financial Awareness MCQ/ Quiz on a regular basis to complete your preparation. You can download the available PDFs. 

Q1.What is the concessional rate of GST imposed by the Govt, on the helpful devices for the physically challenged people ?

A.3%

B.2%

C.5%

D.4%

E.7%

Q2.What is the raised limit of Foreign Portfolio Investors(FPI) investment in Govt. Securities by the RBI ?

A.2.3%

B.4.7%

C.3.5%

D.6.1%

E.None of these

Q3.AIIB stands for which of the following?

A.Asia India Development Bank

B.Asia Inter Development Bank

C.Authorized Infrastructure Development Bank

D.Asia Infrastructure Development Bank

E. None of these

Q4.In which country the Head Quarters of Asian Development Bank is situated ?

A.China

B.Philippines

C.India

D.Sri Lanka

E.Japan

Q5.On which day of 2017, the Save Public Sector Banks Day (SPSBD) is celebrated in India ?

A.9th July

B.6th July

C.7th July

D.19th July

E.20th July

Q6.UFBU stands for which of the following ?

A.Universal Fraternity of Bank Unions

B.United Foundation of Bank Forums

C.United Forum of Bank Unions

D.Universal Forum of Bank Unions

E.None of these

Q7.Which of the following funds are dealt by the Capital Market of Indian Financial System ?

A.Long-term Funds

B.Short-term Funds

C.Hedge Funds

D.Government Funds

E.None of these

Q8.MBS stands for which of the following ?

A.Money-Backed Security

B.Mortgage-backed Security

C.Material-Backed Security

D.Manual-Backed Security

E.None of these

Q9.Who is the Principle Regulator of Indian Capital Market ?

A.SIDBI

B.IRDA

C.SEBI

D.RBI

E.None of these

Q10.ARM stands for which of the following ?

A.Assured Rate Mortgage

B.Adjusted Rate Mortgage

C.Additional Rate Mortgage

D.Advanced Rate Mortgage

E.None of these

Q11.Which of the following Committees recommended to set up Reserve Bank of India ?

A.Royal Commission

B.Dantwala Committee

C.D R Mehta Commission

D.Hilton Young Commission

E.Simon Commission

Q12.'Where service is a way of life' is the tagline of which bank ?

A.Dena Bank

B.Vijaya Bank

C.Punjab and Sind Bank

D.Uco Bank

E.None of these

Q13.Who is the CEO of UCO Bank ?

A.Urjit Patel

B.Ravi Krishan Takkar

C.Arun Tiwari

D.Vinod Kathuria

E.None of them

Q14.What is used by the monetary authorities to control the inflation ?

A.MCLR

B.Reverse Repo Rate

C.Repo Rate

D.Base Rate

E.None of these

Q15.The head Quarter of Punjab National Bank is situated in which city ?

A.New Delhi

B.Chandigarh

C.Kolkata

D.Gurugram

E.Ludhiyana