General Knowledge Quiz: Banking Awareness
General Awareness

General Knowledge Quiz: Banking Awareness

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It is crucial to have a good command over the General Knowledge section to score high in competitive exams, especially SSC and Civil Services, and make it to the final merit list. With frequent quizzes based on different topics from the General Knowledge section, Exammr has come to your rescue in improving your knowledge with the passage of each day.

1. The Reserve Bank of India has introduced a Legal Entity Identifier (LEI) for all payment transactions of value _________ and above undertaken by entities (non-individuals) via Real Time Gross Settlement (RTGS) and National Electronic Funds Transfer (NEFT).

A) Rs 100 crore
B) Rs 50 crore
C) Rs 25 crore
D) Rs 75 crore

2. Who is the Chairperson of the expert committee formed by RBI on Primary (Urban) Co-operative Banks (UCBs) to examine issues and suggest a road map for strengthening the sector?

A) Shri N. S. Vishwanathan
B) Shri Sudhir Shrivastava
C) Shri K.V. Kamath
D) Prof. D.B. Phatak

3. Which bank has launched a mentoring programme named ‘SmartUp Unnati’, to support women entrepreneurs?

A) Axis Bank
B) HDFC Bank
C) ICICI Bank
D) Reserve Bank of India

4. What is the new Ways and Means Advances (WMA) limit for states/UTs?

A) Rs 32,225 crore
B) Rs 32,325 crore
C) Rs 47,010 crore
D) Rs 47,110 crore

5. Who has been appointed as the CEO of the proposed National Asset Reconstruction Company Ltd.?

A) Padmakumar M Nair
B) Shrimohan Yadav
C) Tapan Ray
D) Dr. Harsh Vardhan

6. What is the rank of RBI with respect to other central banks in the world for surplus transfer to its government as a percentage of GDP in 2020-21?

A) 2nd
B) 3rd
C) 4th
D) 5th

7. World Bank has expanded its Coronavirus Vaccine Funding to ______ to be used through 2022.

A) USD 12 billion
B) USD 30 billion
C) USD 15 billion
D) USD 20 billion

8. Which bank has been recognized as the ‘Most Innovative in Digital Banking’ globally by ‘The Banker’?

A) IDFC First Bank
B) HDFC Bank
C) Kotak Mahindra Bank
D) DBS Bank

9. Which bank has recently partnered with National Small Industries Corporation (NSIC) to provide credit support to MSMEs?

A) State Bank of India
B) Punjab National Bank
C) HDFC Bank
D) Axis Bank

10. What is India’s GDP growth rate projection as per Morgan Stanley for 2021-22?

A) 9.50%
B) 10.50%
C) 9.40%
D) 10.00%

Answers:
B) Rs 50 crore
A) Shri N. S. Vishwanathan
B) HDFC Bank
C) Rs 47,010 crore
A) Padmakumar M Nair
A) 2nd
D) USD 20 billion
D) DBS Bank
C) HDFC Bank
B) 10.50%

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