Banking Current Affairs Quiz for SBI/IBPS Exams

1. Which of the following is the limitation of the ATMs owing to which people are required to visit branches of the bank? 
I.It does not accept deposits 
II.It has a limited cash disbursement capacity 
III. Lack of human interface.
Only I
Only II
Only III
All of the above

2. An industry which is fighting hard to increase its market share in existing market (with new popular products) is known as?
market vendor
market operator
market leader
market challenger

3. Many times we see in newspapers that some projects are launched by the government authorities on ‘PPP’ basis. What is the full form of ‘PPP’?
Preferential Payment Plan
Public-Private Partnership
Partial Payment Project
Popular Private Project

4. The government of India recently decided to allow Currency Futures in India. In addition to Ministry of Finance which is/are the other organisation(s) who permission/approval is needed for such operations in India? 
I. International Monetary Fund (IMF) 
II. Reserve Bank of India (RBI) 
III. Securities and Exchange Board of India (SEBI)
Only I
Only II
Only III
Only II and III

5. The Reserve Bank of India has decided to help banks, as a temporary measure, by providing additional liquidity support under LAF. What is the full form LAF?
Loan Adjustment Fund
Liquidity Adjustment Facility
Long Awaited Funds
Loan Against Funds

6. The formal institutional credit delivery system in rural India comprises of which of the following? 
I. Co-operativ Banks 
II. Commercial Banks 
III. Regional Rural Banks IV. Self Help Groups
Only I and II
Only III and IV
Only I, II and IV
All of the above

7. The Reserve Bank of India has recently issued guidelines to banks on Pillar 2 of Basel II framework. Pillar 2 deals with which of the following? 
I. New Capital Adequacy Framework 
II. HR Management 
III. Better profitability with minimum number of employees
Only I
Only II
Only III
None of the above

8. Which of the following is NOT a department of the Ministry of Finance, government of India?
Department of Economic Affairs
Department of Expenditure
Department of Revenue
Department of External Affairs

9. Which of the following is the example of product diversification of Bank?
Credit Card
International Credit Card
Debit Card
All of the above

10. Which of the following is/are different categories of inflation? 
I. Wage Push 
II. Cost push 
III. Demand pull
Only I
Both I and II
Both II and III
All of the above