Banking Quiz for SBI Clerk Exam 2018 | 6th March 2018

Dear Aspirants,

Banking Quiz

Banking Awareness for SBI Clerk 2018

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 Quiz not only helps you deal with the General Awareness Section of Banking Exams but also, the Personal Interview round of Banking Recruitment.

Q1. Uttar Pradesh Finance Minister Rajesh Aggarwal has presented a mega budget of over __________________ with a focus on farmers, artisans, youth, infrastructure and urban development.
(a) Rs 12.31 lakh crore 
(b) Rs 04.28 lakh crore
(c) Rs 05.72 lakh crore 
(d) Rs 10.17 lakh crore 
(e) Rs 23.54 lakh crore 

Q2. Retirement fund body Employees’ Provident Fund Organisation (EPFO) has reduced the interest rate on deposits to ___________ for 2017-18 from 8.65% for 2016-17.
(a) 8.35%
(b) 8.40%
(c) 8.45%
(d) 8.50%
(e) 8.55%

Q3. ____________ Chief Minister Manohar Parrikar presented in the state assembly Rs. 17,123-crore budget for 2018-19, an increase of 6.84% over the ongoing fiscal.
(a) Dadra and Nagar Haveli
(b) Gujarat
(c) Goa
(d) Maharashtra
(e) Punjab

Q4. Capital First announced that the regulator National Housing Bank (NHB) has approved the merger of the company along with Capital Home Finance and Capital First Securities Limited with-
(a) IDFC Bank
(b) HDFC Bank
(c) Axis Bank
(d) Kotak Mahindra Bank
(e) South Indian Bank

Q5. The Reserve Bank of India has launched Ombudsman Scheme for non-banking financial companies (NBFCs) for redressal of complaints against them. In which city, the offices of the NBFC ombudsmen will function?
(a) Mumbai
(b) Kolkata
(c) Chennai
(d) New Delhi
(e) All of the above

Q6. Aditya Birla Idea Payments Bank Ltd (ABIPBL) started operations, making it the _________ payments bank to roll out operations. 
(a) sixth
(b) fifth
(c) third
(d) fourth
(e) seventh

Q7. Ministry of Tourism estimates monthly FEEs through Tourism in India, both in Rupee and Dollar terms based on the credit data of Travel Head from Balance of Payments of RBI. FEEs stands for-
(a) Financial Exchange Earnings
(b) Foreign Essential Earnings
(c) Funded Exchange Earnings
(d) Foreign Exchange Electronic
(e) Foreign Exchange Earnings

Q8. The Indian economy grew at a five-quarter high of ________________ in the October-December period reflecting overall recovery due to good show by agriculture, manufacturing, construction and certain services as per the second advanced estimates of the CSO.
(a) 7.0%
(b) 7.2%
(c) 7.1%
(d) 7.3%
(e) 7.4%

Q9. Moody's Investors Service estimated that India will grow __________ in the calendar year 2018 and ___________ in 2019, amid signs of economic recovery from the impact of demonetisation and GST.
(a) 7.6% and 7.5%
(b) 7.4% and 7.3%
(c) 7.8% and 7.7%
(d) 7.1% and 7.2%
(e) 6.8% and 6.7%

Q10. State Bank of India (SBI) is set for a major restructuring of its business in ____________ from April 2018. 
(a) France
(b) China
(c) UK
(d) Canada
(e) USA

Q11. RBI has raised the exposure limit under ETCD trading for residents and foreign portfolio investors (FPIs) to USD 100 million across all currency pairs involving the Indian rupee. What is the meaning of "D" in ETCD?
(a) District
(b) Distance
(c) Development
(d) Derivatives
(e) Department

Q12. Catholic Syrian Bank Ltd and Celebrus Capital Ltd have announced a new partnership to offer CSB’s customers online trading and demat services. Catholic Syrian Bank is based in-
(a) Ahmedabad
(b) Coimbatore
(c) Amravati
(d) Thrissur
(e) Chandigarh

Q13. Which among the following bank has announced its partnership with Ripple (the enterprise blockchain solution for Global Payments) to facilitate payments into and out of India?
(a) State Bank of India
(b) IndusInd Bank
(c) Kotak Mahindra Bank
(d) South Indian Bank
(e) ICICI Bank

Q14. RBI has recently decided to do away with the per borrower loan limits to Micro/Small and Medium Enterprises (Services) for classification under PSL. PSL stands for-
(a) Private Sector Lending
(b) Priority Sector Lending
(c) Priority Service Lending
(d) Priority Securities Lending
(e) Priority Sector Loan

Q15. The State Bank has raised its lending rates by 20 basis points to 8(point)15 per cent, with immediate effect, setting the tone for the industry to follow suit. Which of the following is not a impact it?
(a) Car loan will be costlier
(b) Car loan will be cheaper 
(c) Home loan will be cheaper 
(d) Home loan will be costlier
(e) Both (b) and (c)