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 Bank has tied up with Digital invoice discounting marketplace – Invoicemart to discount invoices for MSMEs?
(a) ICICI Bank
(b) State Bank of India
(c) Vijaya Bank
(d) Bank of Baroda
(e) Canara Bank
Q2. India’s most-valued lender ____________________ crossed Rs 5 trillion market capitalisation for the first time, making it only the third Indian company to achieve this milestone.
(a) ICICI Bank
(b) HDFC Bank
(c) State Bank of India
(d) Axis Bank
(e) Bank of India
Q3. Amplus Energy Solutions announced entering into a pact with private sector lender ___________ for strategic tie-up to co-finance projects in the solar energy space in India.
(a) Axis Bank
(b) ICICI Bank
(c) HDFC Bank
(d) IDFC Bank
(e) Yes Bank
Q4. Which Bank has signed an MoU with LIC to offer Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY)?
(a) Capital Local Area Bank Limited
(b) Equitas Holdings P Limited
(c) AU Small Finance Bank
(d) India Post Payments Bank
(e) Fincare Small Finance Bank
Q5. India Ratings and Research has projected the country’s economic growth to improve to __________ in 2018-19 from ________ in 2017-18, buoyed by robust consumption demand and low commodity prices.
(a) 7.1 percent and 6.5 percent
(b) 7.2 percent and 6.4 percent
(c) 7.3 percent and 6.3 percent
(d) 6.8 percent and 6.9 percent
(e) 6.4 percent and 6.1 percent
Q6. The Indian government has announced an allocation of ________________ over 2 years for the recapitalization of public sector banks.
(a) Rs 30.74 lakh crore
(b) Rs 2.11 lakh crore
(c) Rs 17.53 lakh crore
(d) Rs 12.43 lakh crore
(e) Rs 9.27 lakh crore
Q7. India broke into the top 100 in the World Bank’s Ease of Doing Business rankings, notching up the biggest improvement among all countries on the back of big gains on a number of measures. Which country has topped in Ease of Doing Business rankings 2017?
(c) New Zealand
Q8. China-sponsored Asian Infrastructure Investment Bank (AIIB) approved USD 2 million loan (Rs. 13,000 crores) for five projects in-
(b) West Bengal
(e) Andhra Pradesh
Q9. The Reserve Bank of India has imposed a monetary penalty of ____________ on IDFC Bank for contravention of regulatory restrictions pertaining to loans and advances.
(a) Rs 2 crore
(b) Rs 4 crore
(c) Rs 10 crore
(d) Rs 6 crore
(e) Rs 12 crore
Q10. The State Bank of India has slashed IMPS charges up to 80 percent. IMPS stands for-
(a) Immediate Payment Sending
(b) Immediate Payment Sale
(c) Immediate Payment Solution
(d) Immediate Payment Service
(e) Immediate Payment System
Q11. ___________ is a computerized machine that provides the customers of banks the facility of accessing their account for dispensing cash and to carry out other financial & non-financial transactions without the need to actually visit their bank branch.
(a) Financial Fund
(b) Core Sector
(c) Online Banking
(e) Net Banking
Q12. PIN is the numeric password which is separately mailed/handed over to the customer by the bank while issuing the card. PIN stands for-
(a) Personal Identification Number
(b) Product Identification Number
(c) Payment Identification Number
(d) Permanent Identification Number
(e) Percent Identification Number
Q13. What is the meaning of “T” in ATM?
Q14. What are White Label ATMs (WLAs)?
(a) Owned and operated by non-banks
(b) ATM operators are authorized under Payment & Settlement Systems Act, 2007
(c) WLAs may offer many other services/facilities to bank customers
(d) All of the above
(e) Owned and operated by PSBs
Q15. LTV ratio is a financial term used by lenders to express the ratio of a loan to the value of an asset purchased. LTV stands for-