Banking Quiz for Canara Bank and Syndicate Bank PO Exam 2018

Dear Aspirants,

Banking Quiz for Canara Bank and Syndicate Bank PO Exam 2018

Banking Awareness for Canara Bank PO

With the increased competition in the field of banking examinations, it has now become very important to cover up all the sections efficiently. One subject that can help you bagging graceful marks in the minimum time in these examinations is Banking Awareness. Banking Awareness not only helps you deal with the General Awareness Section of Banking Exams but also, the Personal Interview round of Banking Recruitment.

Q1. Which of the following Private sector Bank has launched the fourth edition of ‘Evolve’ in Coimbatore, Tamil Nadu recently?
(a) Kotak Mahindra Bank
(b) ICICI Bank
(c) HDFC Bank
(d) Axis Bank
(e) South Indian Bank

Q2. Indian Overseas Bank (IOB) has received ____________ crore capital infusion from the government in the current fiscal.
(a) Rs 1177.07 crore
(b) Rs 173.06 crore
(c) Rs 1548.03 crore
(d) Rs 453.05 crore
(e) Rs 1000.09 crore

Q3. The Reserve Bank of India will link the base rate with the MCLR from 1st of April 2018 to ensure expeditious transmission of its policy rate to borrowers. What is the meaning of "R" in MCLR?
(a) Ratio
(b) Reimburse
(c) Risk
(d) Reserve
(e) Rates

Q4. The Reserve Bank of India announced setting up ombudsman for addressing customer grievances in the non-banking finance companies. The Banking Ombudsman Scheme is introduced under Section 35 A of the Banking Regulation Act, 1949 by RBI with effect from-
(a) 1991
(b) 1993
(c) 1995
(d) 1997
(e) 1999

Q5. Which Bank has launched its new Sonic Identity, which is essentially a musical logo called 'MOGO', as part of its branding initiatives?
(a) IndusInd Bank
(b) Lakshmi Vilas Bank
(c) RBL Bank
(d) Karnataka Bank
(e) Karur Vysya Bank

Q6. The country’s largest lender SBI wrote off bad loans worth ____________ crore in 2016-17, the highest among all the public sector banks, which had a collective write off of Rs 81,683 crore for the fiscal. 
(a) Rs 12,211 crore
(b) Rs 14,416 crore
(c) Rs 28,712 crore
(d) Rs 20,339 crore
(e) Rs 45,102 crore 

Q7. In GVA growth for 2017-18 is projected at ________ in 6th Bi-Monthly Monetary Policy Statement (2017-18) Released By RBI.
(a) 6.6%
(b) 6.5%
(c) 6.4%
(d) 6.3%
(e) 6.7%

Q8. The government and World Bank signed a _______________ loan agreement to promote rural economy in selected blocks of Tamil Nadu across 26 districts, benefiting over 4 lakh people.
(a) $2000 million
(b) $1500 million
(c) $1000 million
(d) $500 million
(e) $100 million

Q9. The Central Statistics Office (CSO) revised the gross domestic product (GDP) growth rate for 2015-16 to 8.2% from the earlier estimates of 8% and kept the 2016-17 growth unchanged at-
(a) 7.6%
(b) 7.3%
(c) 7.1%
(d) 7.5%
(e) 7.9%

Q10. Direct tax collections grew by nearly 20 per cent between April and January this year with strong growth in both corporate and personal income tax receipts. Which among the following is not a direct tax?
(a) Corporate Tax
(b) Sales Tax
(c) Income Tax 
(d) Wealth Tax
(e) Fringe Benefit Tax

Q11. Who has been appointed as non-executive chairman of NPCI for two years with immediate effect?
(a) Syed Mahmud Hossain
(b) Hardayal Prasad
(c) Biswamohan Mahapatra
(d) Vikram Singh Sisodia
(e) Neelam Kapur

Q12. SBI Card, the country's second-largest credit card issuer, has appointed _____________ as new Managing Director (MD) & Chief Executive Officer (CEO) of the company. 
(a) Hardayal Prasad
(b) Chandrashekar Kambar 
(c) Shantanu Narayen
(d) Usha Ananthasubramanian
(e) S Somanath 

Q13. The Union Minister for Finance and Corporate Affairs Mr Arun Jaitley launched CriSidEx, India’s first sentiment index for micro and small enterprises ( MSEs) developed jointly by-
(a) TRAI and SBI
(b) IRDAI and NPCI
(c) RBI and SEBI
(d) NABARD and FICCI
(e) CRISIL and SIDBI

Q14. The Centre has sanctioned projects over ____________ rupees in the North East for better network connectivity. 
(a) 20,000 crore rupees 
(b) 10,000 crore rupees
(c) 30,000 crore rupees 
(d) 50,000 crore rupees 
(e) 70,000 crore rupees 

Q15. Who is present Chairman & Managing Director of SIDBI?
(a) Yaduvendra Mathur
(b) RS Sharma
(c) Manoj Mittal
(d) Mohammad Mustafa
(e) AK Kapur