General and Banking Awareness Quiz Set -2 Questions and Answers

  • 1. How many entities got permission from RBI to start non-lending payment banks including the Department of Posts, Reliance Industries and Bharti Airtel as declared on 19 August 2015?
   A.) 18
   B.) 11
   C.) 12
   D.) 20

Answer: Option 'B'


  • 2. RBI provides liquidity under overnight repos at 0.25 percent of bank-wise NDTL at the LAF repo rate and liquidity under 14-day term repos as well as longer term repos of up to _____________ of NDTL of the banking system through auctions.
   A.) 0.25%
   B.) 0.50%
   C.) 0.75%
   D.) 1.00%

Answer: Option 'C'


  • 3. Present SLR (Statutory liquidity ratio)_____________
   A.) 21.5%
   B.) 14.5%
   C.) 20.5%
   D.) 12.5%

Answer: Option 'A'


  • 4. CRP (Cash Reserve Ratio) unchanged at   _____________ of net demand and time liability (NDTL) in the recent RBI Monetary Policy Review.
   A.) 3.5%
   B.) 3.75%
   C.) 4.0%
   D.) 4.25%

Answer: Option 'C'


  • 5. Present Reverse Repo Rate stands at  ______________
   A.) 6.25%
   B.) 21.5%
   C.) 8.25%
   D.) 4.0%

Answer: Option 'A'


  • 6. In the RBI Monetary Policy Review, the Policy Repo Rate under the Liquidity Adjustment Facility (LAF) unchanged at ____________
   A.) 4.0%
   B.) 6.25%
   C.) 21.5%
   D.) 7.25 %

Answer: Option 'D'

7.25 %

  • 7. Third Bi-monthly Monetary Policy Review (BMPR) recently announced by RBI on  _________
   A.) 7 April 2015
   B.) 2 June 2015
   C.) 14 May 2015
   D.) 4 August 2015

Answer: Option 'D'

4 August 2015

  • 8. Which board will be setup as a super authority for public sector unit lenders to recommend board level appointments and advise on strategies for raising funds as well as mergers and acquisitions?
   A.) Banking Selection Committee (BSC)
   B.) RBI Appointments Board (RAB)
   C.) Banks Board Bureau (BBB)
   D.) Banks Core Committee (BCC)

Answer: Option 'C'

Banks Board Bureau (BBB)

  • 9. Smart Humsafar, a unique plan which offers multiple benefits of savings and insurance cover for husband and wife under a single policy launched
   A.) ICICI
   B.) LIC
   C.) United Insurance Company
   D.) SBI Life

Answer: Option 'D'

SBI Life

  • 10. Which bank had raised Rs.315 crore through the issue of Green Infrastructure Bonds to International Finance Corporation (IFC), Washington, on a private placement basis, for a tenure of 10 years?
   A.) ICICI Bank
   B.) SBI
   C.) YES Bank
   D.) Corporation Bank

Answer: Option 'C'

YES Bank