Banking Quiz for NABARD Assistant Manager (Grade-A) | 9th April 2018

Dear Aspirants,

Banking Awareness for NABARD Assistant Manager 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. Online Food ordering and delivery platform Swiggy has partnered with ____________ to roll out two digital solutions to facilitate the transfer of funds for its delivery partners.

(a) ICICI Bank

(b) State Bank of India

(d) Kotak Mahindra Bank

(e) Bank of India

Q2. Which of the following Bank has allowed the amalgamation of its wholly own subsidiary- All Bank Finance Ltd (ABFL)-with the lender by Ministry of Corporate Affairs recently?

(a) Corporation Bank

(b) Bank of Baroda

(d) Allahabad Bank

(e) Indian Bank

Q3. Which Bank has signed an agreement with the Government e-Marketplace (GeM) under which the bank will facilitate a host of services to the public procurement portal for Central and state government organisations?

(a) Federal Bank

(b) South Indian Bank

(d) Axis Bank

(e) HDFC Bank

Q4. Which among the following Small Finance Bank has launched a new ‘Yellow Army Savings Account’ to increase its customer base through its association with the Chennai Super Kings (CSK), a franchise of the Indian Premium League (IPL)?

(a) ESAF Microfinance and Investments Private Limited

(b) Disha Microfin Private Limited

(d) Ujjivan Small Finance Bank

(e) Capital Local Area Bank

Q5. SWIFT announces the extension of its GPI Tracker to cover all payment instructions sent across the network, enabling GPI banks to track all their SWIFT payment instructions at all times, and giving them full visibility over all their payments activity. What is the meaning of "S" in SWIFT?

(a) Service

(b) Society

(d) Scheme

(e) Social

Q6. Which Bank/organisation has announced that it will provide a USD 500 million credit facility to Economic Community of West African States (ECOWAS) to fund various development projects in western-south Africa?

(a) Export-Import Bank

(b) National Bank for Agriculture and Rural Development

(d) National Housing Bank

(e) State Bank of India

Q7. SEBI has allowed physical settlement of both stock options and stock futures. At present only cash settlement of derivatives is allowed. Where is the Head Office of SEBI?

(a) New Delhi

(b) Mumbai

(d) Kolkata

(e) Bengaluru

Q8. The RBI has imposed a monetary penalty of _______________ on ICICI Bank Limited for non-compliance with the directions issued by the RBI on direct sale of securities from its Held To Maturity (HTM) portfolio and specified disclosure in this regard.

(a) Rs. 100.2 crore

(b) Rs. 402.1 crore

(d) Rs. 1000.8 crore

(e) Rs. 1.7 crore

Q9. In a bid to prevent the possibility of manipulation in the prices of securities, especially government securities (G-Secs), ________________________ has changed the methodology used by debt market players, including banks and primary dealers, for their valuation.

(a) Ministry of Finance

(b) Ministry of Corporate Affairs

(d) Reserve Bank of India

(e) National Bank for Agriculture and Rural Development

Q10. SEBI has decided to double the investment limit by angel funds in venture capital undertakings to-

(a) Rs. 25 crore

(b) Rs. 15 crore

(d) Rs. 5 crore

(e) Rs. 10 crore

Q11. Jana Small Finance Bank (formerly Janalakshmi Financial Services) announced commencement of its banking operations. Jana Small Finance Bank based in-

(a) Jaipur

(b) Chennai

(d) Kolkata

(e) Mumbai

Q12. SIDBI has celebrated its foundation day on 02nd April ____________ as the day of Sampark (connect), Sanwad (interaction), Suraksha (security) and Sampreshan (disseminate).

(a) 1990

(b) 1992

(d) 1982

(e) 1999

Q13. An MoU was signed between the Indian Army and _______________ on the Defence Salary Package.

(a) ICICI Bank

(b) State Bank of India

(d) Kotak Mahindra Bank

(e) HDFC Bank

Q14. Jio Payments Bank Limited has commenced operations as a payments bank. RBI has issued a licence to the bank under Section _____________ of the Banking Regulation Act, 1949 to carry on the business of payments bank in India.

(a) Section 22 (5)

(b) Section 25 (4)

(d) Section 22 (1)

(e) Section 16 (3)

Q15. Which of the following Bank has received RBI's approval to buy the securities services arm of IL&FS recently?

(a) Federal Bank

(b) IndusInd Bank

(d) Axis Bank

(e) HDFC Bank

We will be updating the detailed solutions shortly...