Banking General Awareness Banking in India Question Bank

done Practice Questions - Current Developments in Indian Banking Total Questions - 100

• question_answer1)
  Which of the following statements is/are correct about BHIM app?

  I. The app is interoperable with Unified Payment interface.

  II. It uses Immediate Payment Service (IMPS) system.

  A)
   I only done clear
  B)
   II only done clear
  C)
   Both I and II done clear
  D)
   None of the above done clear
  View Solution play_arrow

• question_answer2)
  Which of the following agencies has developed the BHIM app?
  A)
   RBI done clear
  B)
   National Payments Corporation of India done clear
  C)
   National Informatics Centre done clear
  D)
   None of the above done clear
  View Solution play_arrow

• question_answer3)
  Which of the following merged with the SBI?
  A)
   State Bank of Bikaner and Jaipur, State Bank of Hyderabad, State Bank of Mysore, State Bank of Patiala, and State Bank of Travancore done clear
  B)
   State Bank of Bikaner and Jaipur, State Bank of Hyderabad, State Bank of Mysore, State Bank of Patiala, and UCO Bank done clear
  C)
   UCO Bank, Dena Bank, Bandhan Bank, Gramin Bank, and Axis Bank done clear
  D)
   None of the above done clear
  View Solution play_arrow

• question_answer4)
  The Government launched the "Indradhanush 2.0" programme after the finalization of the completion of Asset Quality Review (AQR) by the RBI. The deadline set for AQR is
  A)
   March 2017 done clear
  B)
   June 2017 done clear
  C)
   September 2017 done clear
  D)
   December 2017 done clear
  View Solution play_arrow

• question_answer5)
  Which of the following reflects the aim of Asset Quality Review?
  A)
   To clean up the balance sheets of PSBs done clear
  B)
   To ensure compliance with Basel-111 done clear
  C)
   Both [a] and [b] done clear
  D)
   None of the above done clear
  View Solution play_arrow

• question_answer6)
  Which of the following is India's first international stock exchange opened in 2017?
  A)
   India INX done clear
  B)
   Bombay Stock Exchange done clear
  C)
   National Stock Exchange of India done clear
  D)
   Calcutta Stock Exchange done clear
  View Solution play_arrow

• question_answer7)
  Which of the following statements is/are correct about India INX?
  A)
   It is a partially-owned subsidiary of the Bombay Stock Exchange (BSE). done clear
  B)
   It was inaugurated at International Financial Service Centre in Gandhinagar. done clear
  C)
   Both [a] and [b] done clear
  D)
   None of the above done clear
  View Solution play_arrow

• question_answer8)
  Which of the following became India's first payment bank after it was formally launched on 12 January 2017?
  A)
   Airtel Payments Bank     done clear
  B)
   Vodafone M-Pesa done clear
  C)
   Aditya Birla Idea Payments Bank done clear
  D)
   None of the above done clear
  View Solution play_arrow

• question_answer9)
  Which of the following financial institutions during January 2017 received RBI's in- principle approval to pick up a 51% stake in Catholic Syrian Bank?
  A)
   BancFirst Corporation done clear
  B)
   Fairfax Financial Holdings done clear
  C)
   Berkshire Hathaway done clear
  D)
   Capital One Financial Corporation done clear
  View Solution play_arrow

• question_answer10)
  Which of the following statements is/are correct about EazyPay app?
  A)
   It was launched by HDFC Bank. done clear
  B)
   It consolidates all digital wallets, QR code. Unified Payments Interface (UPI), and credit & debit cards modes of payments. done clear
  C)
   Both [a] and [b] done clear
  D)
   None of the above done clear
  View Solution play_arrow

• question_answer11)
  Which of the following bodies represented the Committee on Digital Payments notified in August 2016 by the Finance Ministry?
  A)
   Reserve Bank of India (RBI) done clear
  B)
   Unique Identification Authority of India (UIDAI) done clear
  C)
   Tax department done clear
  D)
   All the above done clear
  View Solution play_arrow

• question_answer12)
  What percentage of reduction in the turnover fees levied on stock brokers has been suggested by SEBI on 14 January 2017?
  A)
   25%                             done clear
  B)
   15% done clear
  C)
   20%                             done clear
  D)
   30% done clear
  View Solution play_arrow

• question_answer13)
  Which of the following became India's first Digital Village?
  A)
   Akodara                       done clear
  B)
   Surakhpur done clear
  C)
   Chikbilti                        done clear
  D)
   Bhadu done clear
  View Solution play_arrow

• question_answer14)
  The SEBI on 4 January 2017 relaxed its rules for investment by angel funds to boost up start-up funding in India. Under the new rules what is the upper limit for number of angel investors in a scheme?
  A)
   300                              done clear
  B)
   220 done clear
  C)
   180                              done clear
  D)
   200 done clear
  View Solution play_arrow

• question_answer15)
  Which of the following banks has started Digital Village Project?
  A)
   HDFC              done clear
  B)
   ICICI done clear
  C)
   SBI                              done clear
  D)
   None of the above done clear
  View Solution play_arrow

• question_answer16)
  India's first banking robot designed by City Union Bank is called
  A)
   RoBoHon                     done clear
  B)
   ASIMO done clear
  C)
   Lakshmi                       done clear
  D)
   Nao done clear
  View Solution play_arrow

• question_answer17)
  Which of the following became the first Indian bank to open branch in Myanmar?
  A)
   SBI                              done clear
  B)
   HDFC done clear
  C)
   ICICI                            done clear
  D)
   None of the above done clear
  View Solution play_arrow

• question_answer18)
  Which of the following statements is/ are correct about the Monetary Policy Committee (MFC)?

  I. It is a nine-member committee of the Reserve Bank of India.

  II. It has been entrusted with the task of fixing the benchmark repo rate required to contain inflation within the specified target level.

  III. The meetings of the MFC will be held at least 4 times a year.

  A)
   II only                          done clear
  B)
   I and II done clear
  C)
   I, II and III        done clear
  D)
   II and III done clear
  View Solution play_arrow

• question_answer19)
  Which of the following is not a member of the MFC?
  A)
   Chetan Ghate done clear
  B)
   Ravindra H. Dholakia done clear
  C)
   R Gandhi done clear
  D)
   Indira Nanu done clear
  View Solution play_arrow

• question_answer20)
  Which of the following statements is/are correct about amendments to the NABARD Act, 1981?

  I. It proposes increase in the authorized capital of NABARD.

  II. It will bring medium enterprises and handlooms in NABARD's mandate.

  A)
   I only done clear
  B)
   II only done clear
  C)
   Both [a] and [b] done clear
  D)
   None of the above done clear
  View Solution play_arrow

• question_answer21)
  NABARD was established on the recommendations of
  A)
   Shivaraman Committee done clear
  B)
   Malhotra Committee done clear
  C)
   Kumarmangalam Committee done clear
  D)
   None of the Above done clear
  View Solution play_arrow

• question_answer22)
  Which of the following statements is/are correct about Islamic Window?

  I. SBI has proposed opening of "Islamic window" banks.

  II. It will introduce Sharia-compliant or interest-free banking in the country.

  iii. Loans will be provided to Muslims at very low interest rates.

  A)
   II only                          done clear
  B)
   I and II done clear
  C)
   I, II and III        done clear
  D)
   I and III done clear
  View Solution play_arrow

• question_answer23)
  If a borrower wishes to file an appeal with DRAT against the decision of DRT under SARFAESI Act, how much amount will he require to deposit?
  A)
   75% of the amount done clear
  B)
   50% of the amount done clear
  C)
   25% of the amount done clear
  D)
   10% of the amount done clear
  View Solution play_arrow

• question_answer24)
  Which of the following acts has been introduced to regulate securitization and reconstruction of financial assets and enforcement of security interest?
  A)
   SARFAESI Act, 2002 done clear
  B)
   Reserve Bank of India Act, 1934 done clear
  C)
   Banking Regulation Act, 1949 done clear
  D)
   None of the above done clear
  View Solution play_arrow

• question_answer25)
  Which of the following statements is/ are correct about non-banking finance companies (NBFCs)?

  I. They are financial institutions that provide banking services without meeting the legal definition of a bank.

  II. They are established as a company registered under the Companies Act, 1956.

  A)
   I only       done clear
  B)
   II only done clear
  C)
   Both [a] and [b] done clear
  D)
   None of the above done clear
  View Solution play_arrow

• question_answer26)
  Which of the following statements is/are correct?

  I. NBFCs do not hold a banking license.

  II. NBFC can issue Demand Drafts like banks.

  A)
   Only I done clear
  B)
   Only II done clear
  C)
   Both I and II done clear
  D)
   None of the above done clear
  View Solution play_arrow

• question_answer27)
  The Union Government has set an inflation target of _____for March 31, 2021.
  A)
   5%                               done clear
  B)
   4% done clear
  C)
   6%                               done clear
  D)
   3% done clear
  View Solution play_arrow

• question_answer28)
  Which of the following entities come under the regulatory framework of Basel III?
  A)
   Bank capital adequacy done clear
  B)
   Market liquidity risk done clear
  C)
   Stress testing done clear
  D)
   All the above done clear
  View Solution play_arrow

• question_answer29)
  What deadline has been set by the RBI for Basel III implementation?
  A)
   March 31, 2019 done clear
  B)
   December 31, 2019 done clear
  C)
   October 19, 2021 done clear
  D)
   December 31, 2021 done clear
  View Solution play_arrow

• question_answer30)
  Which of the following is required to be followed by commercial banks for risk management?
  A)
   Basel II norms done clear
  B)
   Basel III norms done clear
  C)
   Basel I norms done clear
  D)
   None of the following done clear
  View Solution play_arrow

• question_answer31)
  Who is the chairman of Financial Stability and Development Council (FSDC)?
  A)
   Finance Minister done clear
  B)
   RBI Governor done clear
  C)
   Chief Economic Advisor done clear
  D)
   None of the above done clear
  View Solution play_arrow

• question_answer32)
  What is the main function of the FSDC?
  A)
   Maintaining financial stability done clear
  B)
   Monitoring macro-prudential regulation of economy done clear
  C)
   Promoting financial sector development done clear
  D)
   All the above done clear
  View Solution play_arrow

• question_answer33)
  Which of the following sectors come under priority sector lending?
  A)
   Agriculture                    done clear
  B)
   Macro enterprises done clear
  C)
   Education                     done clear
  D)
   Both [a] and [c] done clear
  View Solution play_arrow

• question_answer34)
  Who is eligible to get loan under Credit Guarantee Fund Scheme?
  A)
   Micro and Small Enterprises done clear
  B)
   Students done clear
  C)
   Farmers done clear
  D)
   Scheduled Castes done clear
  View Solution play_arrow

• question_answer35)
  Which of the following statements is/are correct about Tarun Ramadorai Committee?

  I. It was set up to study various facets of household finance in India.

  II. It will evaluate households' demands in financial markets for assets such as pensions as well as liabilities.

  A)
   I only               done clear
  B)
   II only done clear
  C)
   Both I and II     done clear
  D)
   None of the above done clear
  View Solution play_arrow

• question_answer36)
  Who is the chairman of the Tarun Ramadorai Committee?
  A)
   Tarun Ramadorai done clear
  B)
   Krishnamurthy Subramanian done clear
  C)
   V. K. Vasal done clear
  D)
   B. Kamaiah done clear
  View Solution play_arrow

• question_answer37)
  The website sachet.rbi.org.in has been created by the RBI
  A)
   to curb illegal and unauthorised pooling of funds by unscrupulous firms done clear
  B)
   to review monetary policy periodically done clear
  C)
   to release financial reports of Indian banks done clear
  D)
   None of the above done clear
  View Solution play_arrow

• question_answer38)
  The MUDRA Bank will initially come under
  A)
   NABARD done clear
  B)
   SIDBI done clear
  C)
   HUDCO done clear
  D)
   CIDCO done clear
  View Solution play_arrow

• question_answer39)
  Which of the following statements is/are correct about Micro Units Development Refinance Agency?

  1. CGF (Credit Guarantee Fund) will provide more than 1,00,000 crore rupees worth of loans to micro and small units in the first instance.

  2. It will reduce the credit risk to Banks and other financial intermediaries.

  A)
   1 only              done clear
  B)
   2 only done clear
  C)
   Both 1 and 2                 done clear
  D)
   None of the above done clear
  View Solution play_arrow

• question_answer40)
  Which of the following banks has been declared as Domestic Systemically Important Bank (D-SIB) by the RBI?
  A)
   SBI                              done clear
  B)
   ICICI done clear
  C)
   HDFC                          done clear
  D)
   Both [a] and [b] done clear
  View Solution play_arrow

• question_answer41)
  Which of the following banks has been granted approval on 2 April, 2014 by the RBI to set up a bank?
  A)
   Bandhan done clear
  B)
   Infrastructure Development Finance Company done clear
  C)
   IDBI done clear
  D)
   Both [a] and [b] done clear
  View Solution play_arrow

• question_answer42)
  Which of the following is the component of Mission Indradhanush?
  A)
   Capitalisation    done clear
  B)
   Accountability done clear
  C)
   Destressing                    done clear
  D)
   All the above done clear
  View Solution play_arrow

• question_answer43)
  Which of the following statements is/are correct about Mission Indradhanush?

  (i) Mission Indradhanush was launched on October 2, 2014.

  (ii) It will fully immunize the children by 2020.

  A)
   (i) only done clear
  B)
   (ii) only done clear
  C)
   Both (i) and (ii) done clear
  D)
   None of the above done clear
  View Solution play_arrow

• question_answer44)
  Which of the following statements is/are correct about Strategic Debt Restructuring (SDR)?

  (i) It aims at improving the working of banks faced with bad debt.

  (ii) It involves transferring equity of the company by promoters to the lenders to compensate for their sacrifices.

  A)
   (i) only done clear
  B)
   (ii) only done clear
  C)
   Both (i) and (ii) done clear
  D)
   None of the above done clear
  View Solution play_arrow

• question_answer45)
  Which of the following committees was formed to review the governance of Board of Banks in India?
  A)
   P J Nayak committee done clear
  B)
   A. C. Gosh Committee done clear
  C)
   B. Eradi Committee done clear
  D)
   Abid Hussain Committee done clear
  View Solution play_arrow

• question_answer46)
  When was demonetisation happened in India for the first time?
  A)
   January 1946    done clear
  B)
   March 1947 done clear
  C)
   April 1962                     done clear
  D)
   November 2016 done clear
  View Solution play_arrow

• question_answer47)
  Which company became the first to get approval for the Scheme for Sustainable Structuring of Stressed Assets (S4A) which allows conversion of a portion of large loan accounts into equity?
  A)
   Hindustan Construction Company Ltd. done clear
  B)
   Larsen & Toubro Ltd. done clear
  C)
   Essar Group done clear
  D)
   Gammon India Ltd. done clear
  View Solution play_arrow

• question_answer48)
  Which entity became the first commodity exchange to lose recognition after SEBI took over the regulation of commodities from FMC in September 2015?
  A)
   Bombay Stock Exchange done clear
  B)
   Bombay Commodity Exchange Limited (BCEL) done clear
  C)
   National Stock Exchange of India done clear
  D)
   None of the above done clear
  View Solution play_arrow

• question_answer49)
  Which of the following banks has launched a new Credit Card named "Unnati"?
  A)
   SBI done clear
  B)
   HDFC done clear
  C)
   RBI done clear
  D)
   ICICI done clear
  View Solution play_arrow

• question_answer50)
  Which of the following highlights Reserve Bank of India's new norms for making Joint Lender's Forum?
  A)
   A minimum of 70% of creditors by value and 50% of creditors would now be valid to implement the CAP. done clear
  B)
   CAP can include resolution through the flexible structuring of project loans. done clear
  C)
   Both a and b done clear
  D)
   None of the above done clear
  View Solution play_arrow

• question_answer51)
  Which of the following banks has made an agreement with Avenues India Pvt Ltd to provide merchants with seamless access to point-of-sales (POS) and payment gateway products?
  A)
   Kotak Mahindra Bank done clear
  B)
   Punjab National Bank done clear
  C)
   State Bank of India done clear
  D)
   Bandhan Bank done clear
  View Solution play_arrow

• question_answer52)
  Which of the following banks has launched the 'Money Plant RuPay International Platinum Debit Card' to provide more facility to its premium and HNI (high net worth individual) customers?
  A)
   Karnataka Bank done clear
  B)
   South Indian Bank done clear
  C)
   Kotak Mahindra Bank done clear
  D)
   ICICI Bank done clear
  E)
   HDFC Bank done clear
  View Solution play_arrow

• question_answer53)
  According to the new regulation on Priority Sector Lending, what sub-target is to be created for Micro Enterprises in India by March 2017?
  A)
   7%                        done clear
  B)
   7.5% done clear
  C)
   8%                               done clear
  D)
   8.5% done clear
  E)
   None of the above done clear
  View Solution play_arrow

• question_answer54)
  A Presidential ordinance/was passed in May 2017 to deal with bad loans. Which of the following provisions has been mentioned in the ordinance?
  A)
   RBI is empowered to speed up NPA resolution process. done clear
  B)
   The persons who have diverted loans will face actions first. done clear
  C)
   Both [a] and [b] done clear
  D)
   None of the above done clear
  View Solution play_arrow

• question_answer55)
  All the existing asset reconstruction companies (ARCs) need to have a minimum net owned fund (NOF) of
  A)
   Rs. 100 crore                 done clear
  B)
   Rs. 150 crore done clear
  C)
   Rs. 200 crore                 done clear
  D)
   Rs. 190 crore done clear
  View Solution play_arrow

• question_answer56)
  Which of the following are the features of RBI's Prompt Corrective Action (PCA) framework revised in April 2017?
  A)
   Capital / asset quality and profitability would be the basis on which the banks would be monitored. done clear
  B)
   PCA framework will depend upon the audited annual financial results. done clear
  C)
   Both [a] and [b] done clear
  D)
   None of the above done clear
  View Solution play_arrow

• question_answer57)
  Which of the following statements is/are correct regarding India's Forex reserves?
  A)
   RBI's report revealed a decrease in India's Forex as of April 2017. done clear
  B)
   The components of the Forex include foreign currency assets (FCAs), Special Drawing Rights, and Gold. done clear
  C)
   Both [a] and [b] done clear
  D)
   None of the above done clear
  View Solution play_arrow

• question_answer58)
  What action has been taken by the Indian Government in April 2017 to deal with virtual currency?
  A)
   A time-bound inter-disdplinary committee has been set up to review virtual currency. done clear
  B)
   Revision of the monitory policy has been proposed. done clear
  C)
   A new law has been introduced. done clear
  D)
   Reserve Bank of India Act, 1934 has been amended. done clear
  View Solution play_arrow

• question_answer59)
  What changes has been made in the repo rate by the RBI during the first monetary policy review in April 2017.
  A)
   Increased by 0.5% done clear
  B)
   Decreased by 1% done clear
  C)
   Increased by 0.5% done clear
  D)
   No change done clear
  View Solution play_arrow

• question_answer60)
  Which of the following banks merged with the SBI?
  A)
   Bhartiya Mahila Bank done clear
  B)
   Bandhan Bank done clear
  C)
   Uco Bank done clear
  D)
   Gramin Bank done clear
  View Solution play_arrow

• question_answer61)
  Which of the following statements is/are correct?
  A)
   RBI has set up an 11-member committee in February 2017 to deal with cyber threats. done clear
  B)
   The committee will be headed by Meena Hemchandra, RBI Executive Director. done clear
  C)
   The committee has recommended tie-ups with foreign banks to explore anti- cyber threat technologies. done clear
  D)
   Both [a] and [b] done clear
  View Solution play_arrow

• question_answer62)
  Which of the following represents the aim of the Indradhanush 2.0 programme?
  A)
   Recapitalisation of public sector lenders done clear
  B)
   Financing of small-medium business done clear
  C)
   Providing agricultural loans done clear
  D)
   None of the above done clear
  View Solution play_arrow

• question_answer63)
  Besides Bharti Airtel and Paytm, which of the following received payments bank licence to roll out of banking operations?
  A)
   Vodafone                      done clear
  B)
   India Post done clear
  C)
   Idea Cellular                  done clear
  D)
   All the above done clear
  View Solution play_arrow

• question_answer64)
  Which of the following statements is/ are correct about the 16th meeting of the Financial Stability and Development Council (FSDC) held in January 2017?

  I. It was chaired by RBI Governor.

  II. The status of NPAs of public sector banks and measures taken by the government and the RBI for tackling the stressed assets were reviewed.

  III. Developments on financial inclusion and financial literacy were discussed.

  A)
   (iii) only done clear
  B)
   (i) and (iii) done clear
  C)
   (i), (ii) and (iii) done clear
  D)
   (ii) and (iii) done clear
  View Solution play_arrow

• question_answer65)
  Who has been appointed Executive Director of the Reserve Bank of India (RBI) in 2017?
  A)
   Deepak Singhal done clear
  B)
   Sudarshan Sen done clear
  C)
   Surekha Marandi done clear
  D)
   Milind Sharma done clear
  View Solution play_arrow

• question_answer66)
  Which of the following banks has launched a data-led group term insurance plan in partnership with ET Money?
  A)
   HDFC Bank                  done clear
  B)
   Canara Bank done clear
  C)
   Axis Bank                     done clear
  D)
   ICICI Bank done clear
  View Solution play_arrow

• question_answer67)
  Which of the following is correct regarding changes to be implemented in NEFT system from July 2017?
  A)
   NEFT transaction to become faster done clear
  B)
   Number of NEFT transactions in a day will be lowered done clear
  C)
   Charges for NEFT transaction will increase done clear
  D)
   None of the above done clear
  View Solution play_arrow

• question_answer68)
  Which of the following statements is/ are correct about Foreign Account Tax Compliance Act (FATCA)?
  A)
   Bank accounts that were opened between July 1, 2014 and Argust 31, 2015 and are not in compliance with FATCA will be blocked. done clear
  B)
   India had entered into an agreement with the US for the implementation of the FATCA with effect from August 31, 2015. done clear
  C)
   FATCA aims at ensuring that individuals pay tax on income generated from their wealth parked overseas. done clear
  D)
   All the above done clear
  View Solution play_arrow

• question_answer69)
  Which of the following changes has been made in the Provident Fund rule in April 2017?
  A)
   PF amount can be used to pay equated monthly instalments of home loans. done clear
  B)
   The EPFO members who have contributed to the fund for at least three years, are only eligible for withdrawing money for home loans. done clear
  C)
   Both of the above done clear
  D)
   None of the above done clear
  View Solution play_arrow

• question_answer70)
  What percent of the unit capital of a Real Estate Investment Trusts (REITs) and Infrastructure Investment Trusts (InvITs) can be invested by commercial banks according to RBI's issued guidelines in April 2017?
  A)
   10%                             done clear
  B)
   15% done clear
  C)
   20%                             done clear
  D)
   12% done clear
  View Solution play_arrow

• question_answer71)
  Which of the following statements is/are correct regarding Prompt Corrective Action framework of RBI?
  A)
   It triggers regulatory action against lenders who overshoot the limit on bad loans or fail to comply with capital ratios. done clear
  B)
   Regulatory action will be taken if a bank's capital-to-risk-assets ratio falls below 8 percent. done clear
  C)
   Both [a] and [b] done clear
  D)
   None of the above done clear
  View Solution play_arrow

• question_answer72)
  Which of the following is the feature of "differentiated banks" proposed by Reserve Bank of India (RBI)?
  A)
   Long-term lending done clear
  B)
   Infrastructure lending done clear
  C)
   Wholesale banking done clear
  D)
   All the above done clear
  View Solution play_arrow

• question_answer73)
  Which of the following laws has been proposed to be amended for disclosing the names of loan defaulters?
  A)
   Section 44 of the State Bank of India Act, 1955 done clear
  B)
   Reserve Bank of India Act, 1934 done clear
  C)
   Negotiable Instrument Act, 1881 done clear
  D)
   Public Debt Act, 1944 done clear
  View Solution play_arrow

• question_answer74)
  India Post Payments Bank (IPPB) kicked off its operations by rolling out pilot services in which city/cities?
  A)
   Raipur                          done clear
  B)
   Ranchi done clear
  C)
   Patna                           done clear
  D)
   Both [a] and [b] done clear
  View Solution play_arrow

• question_answer75)
  The Union Government on 24 January 2017 approved how much interest subsidy on loans of up to Rs. 2 lakh for all households which are not covered under Pradhan Mantri Aawas Yojana (Grameen)?
  A)
   3%        done clear
  B)
   4% done clear
  C)
   5%        done clear
  D)
   6% done clear
  View Solution play_arrow

• question_answer76)
  What is the interest rate under the Varishtha Pension Bima Yojana (VPBY) 2017, the senior citizen pension plan that was approved by the Union Cabinet on 24 January 2017?
  A)
   8.25%                          done clear
  B)
   7.5% done clear
  C)
   8%                               done clear
  D)
   7.75% done clear
  View Solution play_arrow

• question_answer77)
  The Economic Survey 2016-17 has recommended which tool as an alternative to the various subsidy focused social welfare schemes?
  A)
   Universal Basic Income done clear
  B)
   Employment Status done clear
  C)
   Universal Monthly Income done clear
  D)
   None of the above done clear
  View Solution play_arrow

• question_answer78)
  Which of the following has been given the role of advising the government on how to utilise the proceeds from disinvestment from the Department of Investment and Public Asset Management (DIPAM)?
  A)
   Department of Economic Affairs done clear
  B)
   Department of Commerce done clear
  C)
   Department of Industry Policy and Promotion done clear
  D)
   Department of Home Affairs done clear
  View Solution play_arrow

• question_answer79)
  The Cabinet Committee on Economic Affairs (CCEA) on 18 January 2017 approved the listing of five public sector general insurance companies in the stock market. Which of the following is not among the five public sector general insurance companies?
  A)
   New India Assurance done clear
  B)
   United India Insurance done clear
  C)
   Oriental Insurance done clear
  D)
   General Insurance done clear
  View Solution play_arrow

• question_answer80)
  Which of the following states were exempted from mandatory investment norms for the National Small Savings Fund (NSSF) as announced by the Union Government on 18January, 2017?
  A)
   Arunachal Pradesh         done clear
  B)
   Delhi done clear
  C)
   Kerala              done clear
  D)
   Uttar Pradesh done clear
  View Solution play_arrow

• question_answer81)
  By launching its initial public offering (IPO) on 23 January 2017, which of the following became India's first stock exchange to enter into the capital market?
  A)
   Bombay Stock Exchange done clear
  B)
   National Stock Exchange of India done clear
  C)
   India International Exchange done clear
  D)
   None of the above done clear
  View Solution play_arrow

• question_answer82)
  Who was given the charge of the task force set up by the RBI on 14 November 2016 to oversee the recalibration of ATM machines as the government introduced new Rs. 500 and Rs. 2,000 notes?
  A)
   BP Kanungo                  done clear
  B)
   S.S. Mundra done clear
  C)
   Urjit Patel                     done clear
  D)
   Viral Acharya done clear
  View Solution play_arrow

• question_answer83)
  Who was appointed the first head of India INX, India's first international exchange?
  A)
   V. Balasubramanian      done clear
  B)
   Ashish Chauhan done clear
  C)
   J. Ravichandran done clear
  D)
   Amit Santra done clear
  View Solution play_arrow

• question_answer84)
  Which private sector bank during the second week of January 2017 blocked transactions on digital payments app PhonePe, accusing it of breaking the UPI guidelines of interoperability?
  A)
   HDFC Bank                  done clear
  B)
   SBI Bank done clear
  C)
   ICICI Bank                   done clear
  D)
   Canara Bank done clear
  View Solution play_arrow

• question_answer85)
  The concept of Universal Banking was implemented in India after the recommendations of
  A)
   R.H. Khan Committee done clear
  B)
   Dutta Committee done clear
  C)
   P. Selvam Commttee done clear
  D)
   None of the above done clear
  View Solution play_arrow

• question_answer86)
  "Doing Business" report is released by which of the following organisations every year?
  A)
   Asian Development Bank (ADB) done clear
  B)
   World Bank done clear
  C)
   International Monetary Fund (IMF) done clear
  D)
   World Trade Organisation (WTO) done clear
  View Solution play_arrow

• question_answer87)
  Which of the following regulators has directed banks to swap customer related information so that the frauds and defaults may be prevented in future?
  A)
   Bombay Stock Exchange (BSE) done clear
  B)
   Indian Bank's Association (IBA) done clear
  C)
   Securities & Exchange Board of India (SEBI) done clear
  D)
   Reserve Bank of India (RBI) done clear
  View Solution play_arrow

• question_answer88)
  AIIB is a new multilateral financial institution established to bring countries together to address the infrastructure needs across Asia. AIIB stands for
  A)
   Asian Infrastructure Investment Bureau done clear
  B)
   Asian Infrastructure Investment Bank done clear
  C)
   Association Infrastructure Investment Bank done clear
  D)
   Asian International Investment Bank done clear
  View Solution play_arrow

• question_answer89)
  In the summit of which of the following groups of nations, it was decided that all members should enforce Budget Discipline?
  A)
   G-8                  done clear
  B)
   OPEC done clear
  C)
   European Union             done clear
  D)
   SAARC done clear
  View Solution play_arrow

• question_answer90)
  An open source platform for mobile-to- mobile fund transfers without account details launched by NPCI is
  A)
   Unified Payment Interface done clear
  B)
   Union of Payment Interface done clear
  C)
   Payment Interface done clear
  D)
   Unique Payment Interface done clear
  View Solution play_arrow

• question_answer91)
  For which of the following reasons RBI has planned to undertake mid-quarter policy reviews?
  A)
   To re-align its policies done clear
  B)
   To ensure smooth flow of credit done clear
  C)
   To provide guidance to the economy done clear
  D)
   All of the above done clear
  View Solution play_arrow

• question_answer92)
  RBI has decided to help banks as a temporary measure by providing additional liquidity support under LAF. What is the full form of LAF?
  A)
   Loan Adjustment Fund done clear
  B)
   Liquidity Adjustment Facility done clear
  C)
   Long Awaited Funds done clear
  D)
   Loan against Funds done clear
  E)
   None of the above done clear
  View Solution play_arrow

• question_answer93)
  Two new Savings Bank products for children namely Tehia Kadam' and 'Pehli Udaan' have been launched by
  A)
   State Bank of India        done clear
  B)
   United Bank of India done clear
  C)
   Axis Bank done clear
  D)
   ICICI Bank done clear
  E)
   Punjab National Bank done clear
  View Solution play_arrow

• question_answer94)
  The apex body which deals with refinance for agriculture and rural development in India is:
  A)
   NABARD                      done clear
  B)
   SEBI done clear
  C)
   SIDBI                           done clear
  D)
   IDBI done clear
  View Solution play_arrow

• question_answer95)
  The Reserve Bank of India (RBI) will start five-city trials of a new polymer-based Rs. 10 banknote. These cities are?
  A)
   Kochi, Patna, Delhi, Ahmedabad and Chennai done clear
  B)
   Jaipur, Shimla, Delhi, Patna and Mimbai done clear
  C)
   Mumbai, Shimla, Jaipur, Patna and Chennai done clear
  D)
   Kochi, Mysore, Jaipur, Bhubhaneswar and Shimla done clear
  View Solution play_arrow

• question_answer96)
  Which committee has recommended the setting up of Special Tribunals to reduce the time required for settling cases?
  A)
   Kelkar committee done clear
  B)
   Justice Reddy committee done clear
  C)
   Rangarajan Committee done clear
  D)
   Narasimham Committee done clear
  View Solution play_arrow

• question_answer97)
  The term 'Ways and Means Advances' refers to
  A)
   The temporary advance made to the government by its Bankers to reduce the gap between expenditure and the flow of receipt of revenues done clear
  B)
   the advance given by the Banks to the poorest of the society done clear
  C)
   lending made under PMRY scheme done clear
  D)
   All of the above done clear
  View Solution play_arrow

• question_answer98)
  The Basel III capital regulation has been/ will be fully implemented as on
  A)
   31st March, 2020 done clear
  B)
   31st March, 2019 done clear
  C)
   31st March, 2017 done clear
  D)
   31st March, 2018 done clear
  View Solution play_arrow

• question_answer99)
  Fiscal Policy is composed of several parts which include
  A)
   Tax Policy and Expenditure Policy done clear
  B)
   Investment or Disinvestment Strategies done clear
  C)
   Debt or Surplus Management done clear
  D)
   All of the Above done clear
  View Solution play_arrow

• question_answer100)
  The government of India has decided to allow Currency Futures in India. Besides Ministry of Finance, which is / are the other organisation(s) whose permission/approval is needed for such operations in India?
  A)
   International Monetary Fund done clear
  B)
   Reserve Bank of India done clear
  C)
   Securities and Exchange Board of India done clear
  D)
   Both [b] and [c] done clear
  View Solution play_arrow