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. In case when the advances to State Governments exceed their Special Drawing Facility (SDF) and Ways and Means Advances (WMA) limits, they are provided with ______ by the Reserve Bank of India.
A) Bonds
B) Cashflow
C) Overdraft
D) All of the above
2. The Consolidated Sinking Fund (CSF) and the Guarantee Redemption Fund (GRF) are managed by ____________.
A) State Government
B) Ministry of Finance, GoI
C) State Bank of India
D) Reserve Bank of India
3. Which of the following is not a regulatory body?
A) IRDAI
B) SEBI
C) PFRDA
D) NPCI
4. The Payments Council of India was formed under the aegis of _____ in the year 2013.
A) RBI
B) IAMAI
C) NPCI
D) SBI
5. Which of the following is the world’s first fully interoperable QR code payment system?
A) PayTm QR
B) Bharat QR
C) BHIM QR
D) GPay QR
6. The specifications of Bharat QR have been jointly developed by RuPay, Visa, MasterCard, and _______.
A) NPCI
B) Paypal
C) Amex
D) Diners
7. Under Pradhan Mantri Suraksha Bima Yojana (PMSBY) a renewable one-year accidental death cum disability cover of Rs 2 lakhs is offered to all subscribing bank account holders in the age group of _____ years.
A) 18 to 70
B) 18 to 60
C) 15 to 60
D) 15 to 70
8. Financial Inclusion Fund is maintained by _________.
A) RBI
B) NABARD
C) Government of India
D) PFRDA
9. What is the initial corpus of the Financial Inclusion Fund?
A) Rs 500 crore
B) Rs 1000 crore
C) Rs 1500 crore
D) Rs 2000 crore
10. In order to strengthen the Business Correspondent (BC) model of delivery and help prospective users to identify BC as having a good service track record, the BC Registry has been launched under the aegis of ___________.
A) Reserve Bank of India (RBI)
B) National Bank for Agriculture and Rural Development (NABARD)
C) Indian Banks’ Association (IBA)
D) Government of India
Answers:
C) Overdraft
D) Reserve Bank of India
D) NPCI
B) IAMAI
B) Bharat QR
C) Amex
A) 18 to 70
B) NABARD
D) Rs 2000 crore
C) Indian Banks’ Association (IBA)
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