Banking Awareness Quiz 2018 for IBPS Clerks VII Mains

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1. Which Bank announced signing MOU with Sahaj e-Village for extending its banking service in remote areas through Business Correspondent Agent (BC) model ?
   1. Karnataka Bank
   2. Kotak Mahindra Bank
   3. AU Small Finance Bank
   4. Bank of Baroda
   5. Equitas Small Finance Bank
2. RBI imposed a penalty of Rs. 5 crore on ________________  for non-compliance with its directions on 'Cheque Purchase or Discounting, Bill Discounting, and KYC' norms on 12th December 2017 ?
   1. SBI
   2. Union Bank of India
      
   3. Syndicate Bank
   4. Bank of India
   5. Kotak Mahindra Bank
3. HDFC Realty and HDFC Developers acquired by________________    for Rs.357 crore
   1. UBER
   2. Payhll
   3. Quikr
   4. OLA
   5. Amazon
4. Finance Minister on 7th December 2017 said that FDRI Bill protects the rights of depositors of the banks. In this context, FRDI Bill stands for________________   
   1. Financial Resolution and Deposit Insurance Bill
   2. Financial Revolution and Deposit Insurance Bill
   3. Financial Resolution and Deposit Investigation Bill
   4. Fund Resolution and Deposit Insurance Bill
   5. Financial Reduction and Deposit Insurance Bill
5. Bhavantar Bhugtan Yojana (Price deficit financing scheme) launched by which state ?
   1. Uttar Pradesh
   2. Madhya Pradesh
   3. Bihar
   4. Arunachal Pradesh
   5. Goa
6. In Bhavantar Bhugtan Yojana, Madhya Pradesh Government would pay the farmers the difference between modal rate (the average prices in major mandis) and the MSP for the kharif crops if the latter prices could not be fetched by them. In this context, MSP stands for________________   
   1. Minimum Slow Price
   2. Model Support Price
   3. Minimum Standard Price
   4. Minimum Support Price
   5. Maximum Support Price
7. National Investment and Infrastructure Fund (NIIF) inks pact worth__________  with Abu Dhabi Investment Authority
   1. $2 billion
   2. $1.5 billion
   3. $3 billion
   4. $1 billion
   5. $1 million
8. NIIF is a fund created by the Government of India for enhancing infrastructure financing in the country. Present CEO of NIIF is__________ 
   1. Rajiv Dhar
   2. Sdnivas Jain
   3. Subramanayam Amara
   4. Sujoy Bose
   5. Saurabh Jain
9. USA central bank raised the bench mark interest rate to 1.25 % -  1.5 % recently. Present chair person of the US Federal Reserve is __________ 
   1. Janet Yellen
   2. Jim-Yong-Kim
   3. Christine Lagarde
   4. Suma Chakrabarti
   5. Werner Hoyer
10. The deadline for linking Aadhaar with finan-cial investments/ instruments extended till__________ 
    1. March 1, 2018
    2. January 31, 2018
    3. December 31, 2018
    4. April 30, 2018
    5. March 31, 2018
11. Which among the following became the first-ever braking arm of a bank to take membership of a commodity exchange by registering itself with NCDEX on 4 December 2017 ?
    1. HDFC Securities
    2. Kotak Mahindra Securities
    3. Axis Securities
    4. ICICI Securities
    5. SBI Securities
12. National Commodity & Derivatives Exchange Limited (NCDEX) is an online multi commodity exchange. It was incorporated in  __________  
    1. 2000
    2. 1999
    3. 2010
    4. 2003
    5. 2012
13. Where is the headquarters of NCDEX ?
    1. Delhi
    2. Pune
    3. Mumbai
    4. Kolkata
    5. Hyderabad
14. Present CEO of NCDEX is ?
    1. Samir Shah
    2. Sujay Bose
    3. T. S. Vijayan
    4. Santosh Kumar Gangwar
    5. Arun Jaitley
15. Punch line of NCDEX is __________  
    1. Pragati ka Solid Exchange
    2. Experience The New
    3. The Edge is Efficiency
    4. Stock of the Nation
    5. Reap the Opportunity

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