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Banking And Financial Awareness MCQ- Set 27

Banking And Financial Awareness MCQ- Set 27

Banking And Financial Awareness MCQ- Set 27

Dear Readers,
You must solve the Banking And Financial Awareness MCQ/ Quiz on a regular basis from Achiever's Rule . You should follow the Banking Articles,  Daily Current Affairs Update, Current Affairs Articles to prepare for the upcoming IBPS, RBI, SBI Exams. Download the available PDFs.
Q1.Which bank has launched a "Multi-currency Forex Card" to offer smooth experience for the Overseas travelers ?
A]HSBC
B]Standard Chartered Bank
C]Axis Bank
D]HDFC Bank
E]None of these



Q2.According to the latest World Economic Outlook Report of IMF what will be the growth rate of India in 2018 ?
A]6.5%
B]7.9%
C]7.8%
D]7.7%
E]6.9%


Q3.What is/are true about the Banking Regulation(Amendment) Bill, 2017 ?
A]This Bill authorities RBI to direct Banking companies to resolve the stressed assets problem.
B]It was introduced by Arun Jaitley in Lok Sabha.
C]It will replace Banking Regulation(Amendment) Ordinance, 2017.
D]It allows RBI to initiate resolution process of insolvency.
E]All of these


Q4.Which of the following has started the Merchant Banking Operation ?
A]RBI
B]NABARD
C]SIDBI
D]SBI
E]IRDA


Q5.Which country has recently has achieved total independence from International Monetary Fund and World Bank ?
A]Greece
B]Bolivia
C]Vietnam
D]India
E]Combodia


Q6."A Tradition of Trust" is the tagline of Which bank ?
A]Canara Bank
B]Andhra Bank
C]Indian Bank
D]Bank of Baroda
E]Allahabad Bank


Q7.Which of the following banks is going to buy Digital Payment Platform "Freecharge" ?
A]HDFC Bank
B]SBI
C]Axis Bank
D]ICICI Bank
E]Yes Bank


Q8.Bajaj Allianz Life Insurance has renewed its corporate agency agreement with which bank ?
A]South Indian Bank
B]HDFC Bank
C]ICICI Bank
D]Axis Bank
E]Dhanalaxmi Bank


Q9.Who is the CEO of Axis Bank?
A]Sikha Sharma
B]Rebati Khanna
C]Sudha Patni
D]Neha Mishra
E]None of them


Q10.What is the minimum period for accepting Deposits under the Foreign Currency Non- Resident (FCNR) scheme ?
A]2 years
B]3 years
C]6 months
D]1.5 years
E]1 year


Q11.Who is the Alternate Governor of India in the Board of Governors in Asian Development Bank (ADB) ?
A]Shaktikanta Das
B]Subhas Chandra Garg
C]Urjit Patel
D]Raghuram Rajan
E]None of them


Q12.Who can avail the facility of e-KYC ?
A]Pan Card Holders
B]Voter Card Holders
C]Aadhaar Card Holders
D]Ration Card Holders
E]None of them


Q13.Bank accepts interest free deposits in which of the following cases ?
A]Savings Account
B]Savings Account for Minors
C]Deposits of Minority Groups
D]Current Account
E]None of these


Q14.Who regulates that the trust-based IMF must be a Mutual Fund normally ?
A]NABARD
B]SEBI
C]RBI
D]GOI
E]None of these


Q15.Which of the following committees has recommended that one part of foreign exchange reserves must be used for the infrastructural development ? ?
A]Mehta Committee
B]Rangarajan Committee
C]Rakesh Mohan Committee
D]Parekh Committee
E]None of these


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