Banking Quiz for NABARD Grade-A Exam 2018 | 22nd March 2018

March 22, 2018 Share Like Labels: ba

Dear Aspirants,

Banking Awareness for NABARD Grade-A Exam 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. The Reserve Bank of India has imposed a monetary penalty of _____________ on State Bank of India for non-compliance of its directions on detection and impounding of counterfeit notes.

(a) Rs 40 lakh

(b) Rs 20 lakh

(d) Rs 10 lakh

(e) Rs 60 lakh

Q2. The country’s largest lender, SBI has slashed charges for non-maintenance of AMB in savings accounts by nearly 75 percent. AMB stands for-

(a) Average Management Balance

(b) Average Monthly Bill

(d) Average Monthly Balance

(e) Annually Monthly Balance

Q3. Which Bank has launched instant overdraft ‘InstaOD’ facility for MSME (Micro, Small and Medium Enterprises) customers in a completely online and paperless manner?

(a) Punjab National Bank

(b) ICICI Bank

(d) HDFC Bank

(e) Bank of Baroda

Q4. Capital markets regulator SEBI raised the exposure limit under exchange-traded currency derivatives trading for residents and FPIs to USD 100 million across all currency pairs involving the Indian rupee. What is the meaning of "P" in FPIs?

(a) Foreign Portfolio Initial

(b) Foreign Portfolio International

(d) Foreign Portfolio Installment

(e) Foreign Portfolio Investment

Q5. Name the private sector bank, which had opened a representative office in Sharjah (UAE), to better serve its customers in the emirate and to expand its retail offerings to customers in the neighboring northern emirates recently.

(a) Kotak Mahindra Bank

(b) ICICI Bank

(d) HDFC Bank

(e) South Indian Bank

Q6. Muthoot Finance, the flagship company of Muthoot Group has tied up with Global IME Bank to expand its money remittance services between Indo Nepal Corridor. Muthoot Finance based in-

(a) Telangana

(b) Andhra Pradesh

(d) Tamil Nadu

(e) Kerala

Q7. India's largest lender SBI and India IMGC has signed a pact to offer mortgage guarantee scheme for prospective non-salaried and self-employed home loan customers. What is the meaning of "M" in IMGC?

(a) Money

(b) Monetary

(d) Mortgage

(e) Mutual

Q8. General Insurance Corporation has decided to start its operations at Lloyd’s office in ____________ from April 2018.

(a) Paris

(b) New York

(d) Manhattan

(e) London

Q9. The World Bank has projected India's GDP growth at __________ for 2018-19 and accelerates further to _____________ in 2019-20.

(a) 7.5% and 7.7%

(b) 7.3% and 7.5%

(d) 7.1% and 7.3%

(e) 7.2% and 7.4%

Q10. The Cabinet Committee on Economic Affairs has approved the proposal of Department of Fertilizers to continue Urea Subsidy Scheme upto 2019-20 at a total estimated cost of ______________ (approx).

(a) Rs. 1,65,000 crore

(b) Rs. 1,45,000 crore

(d) Rs. 1,15,000 crore

(e) Rs. 1,00,000 crore

Q11. India’s exports grew by ____________ in February-2018 to 25.8 billion dollars as compared with same period in February-2017.

(a) 5.5%

(b) 4.5%

(d) 2.5%

(e) 6.5%

Q12. India and the Asian Development Bank (ADB) signed a loan agreement of amount _______________ for completion of works for double-tracking and electrification of railways tracks.

(a) $180 million

(b) $120 million

(d) $320 million

(e) $220 million

Q13. India has been ranked at 78th, lower than its emerging market peers like Brazil and China, among 114 countries on the World Economic Forum’s (WEF) energy transition index. The list is topped by which of the following country?

(a) Finland

(b) Denmark

(d) Norway

(e) Switzerland

Q14. The Payment of Gratuity (Amendment) Bill, 2017 aims at increasing the upper ceiling of the gratuity from the present 10 lakh rupees to _______________ for employees in the private sector and in Public Sector Undertakings at par with Central Government employees.

(a) 20 lakh rupees

(b) 25 lakh rupees

(d) 15 lakh rupees

(e) 50 lakh rupees

Q15. NITI Aayog released comprehensive roadmaps and detailed timelines for its initiative 'SATH-E’ project. What does 'H' stands for in SATH?

(a) Health

(b) Hospitality

(d) Human

(e) Housing

We will be updating the detailed solutions shortly...