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MCQOPTIONS
This section includes 3839 Mcqs, each offering curated multiple-choice questions to sharpen your Current Affairs knowledge and support exam preparation. Choose a topic below to get started.
| 2951. |
Which bank partnered with four insurers namely, SBI Life Insurance Company, the Oriental Insurance Company and Religare Health Insurance Company, Star Health and Allied Insurance Company to offer various insurance products for its customers? |
| A. | ICICI Bank |
| B. | Yes Bank Limited |
| C. | Federal Bank |
| D. | UCO Bank |
| Answer» E. | |
| 2952. |
Which Bank has joined hands with Delhi-based fintech startup Affordplan, to launch co-branded healthcare card called 'Swasth Card'? |
| A. | ICICI Bank |
| B. | Yes Bank Limited |
| C. | Federal Bank |
| D. | HDFC Bank |
| Answer» C. Federal Bank | |
| 2953. |
Who has been re-nominated as a Part-Time Non-Official Director on RBI Central board for 2 years from 3rd March 2020? |
| A. | Surjit Bhalla |
| B. | Rajiv Kumar |
| C. | Natarajan Chandrasekaran |
| D. | Jagdish Bhagwati |
| Answer» D. Jagdish Bhagwati | |
| 2954. |
The Reserve Bank of India raised the withdrawal limit from Punjab and Maharashtra Cooperative Bank to how much Rs from Rs 50,000? |
| A. | Rs 5 lakh |
| B. | Rs 1 lakh |
| C. | Rs 2 lakh |
| D. | Rs 75000 |
| Answer» C. Rs 2 lakh | |
| 2955. |
Ministry of Housing & Urban Affairs has inked MoU with which organisation to make latter as the implementation Agency for PM SVANidhi - a Special Micro-Credit Facility for Street Vendors? |
| A. | RRB |
| B. | NABARD |
| C. | SIDBI |
| D. | EXIM Bank |
| Answer» D. EXIM Bank | |
| 2956. |
Which Bank has approved dollar 1.05 billion for three projects in Bangladesh to create quality jobs and accelerate economic recovery in the wake of the Corona pandemic? |
| A. | New Development Bank |
| B. | World Bank |
| C. | International Monetary Fund |
| D. | Asian Development Bank |
| Answer» C. International Monetary Fund | |
| 2957. |
Which Indian bank is set to fully digitise its lending operations including home, agriculture, Micro, Small and Medium Enterprises, personal and auto loans? |
| A. | Bank of India |
| B. | Indian Bank |
| C. | Bank of Baroda |
| D. | Punjab and Sind Bank |
| Answer» D. Punjab and Sind Bank | |
| 2958. |
Which bank in partnership with Universal Sompo General Insurance Company has launched a health insurance policy? |
| A. | Karnataka Bank |
| B. | City Union Bank |
| C. | Bank of India |
| D. | UCO Bank |
| Answer» B. City Union Bank | |
| 2959. |
Which Payments Bank launched 'Suraksha Salary Account' for the micro, small and medium enterprises? |
| A. | Jio Payments Bank |
| B. | Airtel Payments Bank |
| C. | India Post Payments Bank |
| D. | Fino Payments Bank |
| Answer» C. India Post Payments Bank | |
| 2960. |
RBI in its Discussion Paper on 'Governance in Commercial Banks in India' proposed to set the upper age limit of CEOs and whole time directors belonging to the promoter group of banks to 70 years and maximum tenure of how many years? |
| A. | 10 years |
| B. | 15 years |
| C. | 5 years |
| D. | 7 years |
| Answer» B. 15 years | |
| 2961. |
Which Bank has launched 'Insta Flexicash', an online overdraft facility for its pre approved salary account customers? |
| A. | IDBI Bank |
| B. | HDFC Bank |
| C. | Federal Bank |
| D. | ICICI Bank |
| Answer» E. | |
| 2962. |
RBI has made some changes to the monitoring structure of Financial Markets Infrastructure and Retail Payment Systems with the aim to ensure the security of the payment structure. Headquarters of RBI is in which state? |
| A. | Uttar Pradesh |
| B. | Maharashtra |
| C. | Delhi |
| D. | Madhya Pradesh |
| Answer» C. Delhi | |
| 2963. |
Which Indian bank has provided a line of credit of $215.68 million to the Malawi government? |
| A. | HDFC Bank |
| B. | Export-Import Bank of India |
| C. | UCO Bank |
| D. | Bandhan Bank |
| Answer» C. UCO Bank | |
| 2964. |
The State Bank of India has relaunched 'SBI Insta Saving Bank Account',an Aadhaar-based instant digital savings account for customers using the Yono platform. Who is the current chairman of SBI? |
| A. | Anshula Kant |
| B. | Arundhati Bhattacharya |
| C. | Rajnish Kumar |
| D. | Hardayal Prasad |
| Answer» D. Hardayal Prasad | |
| 2965. |
The Reserve Bank of India has restricted which Bank from granting fresh loans and accepting deposits for six months from June 10, 2020? |
| A. | Karur Vysya Bank |
| B. | South Indian Bank |
| C. | People's Co-operative Bank |
| D. | RBL Bank |
| Answer» D. RBL Bank | |
| 2966. |
Which bank has constituted a 8-member panel of leading experts in economics, finance, and health to help ministers, central bank governors identify solutions for Southeast Asian economies to recover after the novel coronavirus pandemic? |
| A. | Asian Development Bank |
| B. | New Development Bank |
| C. | IMF |
| D. | World Bank |
| Answer» B. New Development Bank | |
| 2967. |
Which company collaborated with UNDP and Hindustan Coca-Cola Beverages Pvt Ltd for Project Prithvi, a joint initiative for developing sustainable plastic waste management practices? |
| A. | Recykal |
| B. | Synergy |
| C. | GreenPencil |
| D. | Ecocredible |
| Answer» B. Synergy | |
| 2968. |
World Bank in its latest edition of the Global Economic Prospect June 2020 analytical chapters reports states that India's growth is contract by how much percent for FY20-21? |
| A. | 3.2% |
| B. | 4.2% |
| C. | 2.2% |
| D. | 1.2% |
| Answer» B. 4.2% | |
| 2969. |
World Bank has granted loan of how many Rs. to the West Bengal for tackling coronavirus situation and developmental work? |
| A. | Rs. 1,450 crore |
| B. | Rs. 1,650 crore |
| C. | Rs. 1,350 crore |
| D. | Rs. 1,950 crore |
| Answer» E. | |
| 2970. |
The World Bank has projected that the Global Economy will witness the deepest ever recession and the economy is expected to shrink by around how much percent in 2020? |
| A. | 3.2% |
| B. | 2.2% |
| C. | 4.2% |
| D. | 5.2% |
| Answer» E. | |
| 2971. |
NABARD provided how much Special Liquidity Facility to Assam Gramin Vikash Bank in the wake of COVID-19 pandemic to support the agricultural activities of the farmers? |
| A. | Rs 170 crore |
| B. | Rs 270 crore |
| C. | Rs 370 crore |
| D. | Rs 470 crore |
| Answer» C. Rs 370 crore | |
| 2972. |
Which Bank has created a separate Financial Inclusion and Micro Market vertical within the bank with an exclusive focus to provide financial services to people in the interior of the country? |
| A. | Central Bank of India |
| B. | Punjab and Sind Bank |
| C. | Punjab National Bank |
| D. | State Bank of India |
| Answer» E. | |
| 2973. |
Which bank has launched a special campaign 'Summer Treats' with offers to meet the changing needs of merchants as well as salaried and self-employed customers? |
| A. | Federal Bank |
| B. | Dhanlaxmi Bank |
| C. | Axis Bank |
| D. | HDFC Bank |
| Answer» E. | |
| 2974. |
Which Bank and Mastercard India & Worldline India partnered to launch a digital point-of-sale solution 'Soft POS', the 1st financial payments service in India to transform everyday smartphones into merchant POS terminals? |
| A. | Federal Bank |
| B. | Dhanlaxmi Bank |
| C. | Axis Bank |
| D. | IndusInd Bank Limited |
| Answer» D. IndusInd Bank Limited | |
| 2975. |
Which Bank has introduced a first-of-its-kind facility for customers to open current accounts through its mobile app? |
| A. | Federal Bank |
| B. | Dhanlaxmi Bank |
| C. | Axis Bank |
| D. | IndusInd Bank Limited |
| Answer» E. | |
| 2976. |
Which bank has partnered with Transport Corporation of India Limited to facilitate real time payments for truck drivers by Real Time Application Program Interface solution to enable them to receive payments instantly? |
| A. | DCB Bank |
| B. | DBS Bank |
| C. | Axis Bank |
| D. | Dhanlaxmi Bank |
| Answer» C. Axis Bank | |
| 2977. |
Private sector lender Yes Bank Limited has acquired how much stake in Dish TV India Ltd, a company providing DTH television service in India? |
| A. | 14.19% |
| B. | 34.19% |
| C. | 24.19% |
| D. | 44.19% |
| Answer» D. 44.19% | |
| 2978. |
NTPC has collaborated with which Bank to provide learning opportunities to its 19,000+ employees and their family members amid nationwide lockdown? |
| A. | HSBC Bank |
| B. | World Bank |
| C. | The Asian Development Bank |
| D. | The New Development Bank |
| Answer» C. The Asian Development Bank | |
| 2979. |
The Airtel Payments Bank has joined hands with which company, to develop a special type of payment solutions for Indian farmers and small and medium enterprises? |
| A. | Paypal |
| B. | Mastercard |
| C. | Visa |
| D. | Amazon |
| Answer» C. Visa | |
| 2980. |
According to the State Bank of India's Ecowrap report India's GDP is estimated to grow at what percent in the last quarter of FY20? |
| A. | 2.8% |
| B. | 3.2% |
| C. | 1.8% |
| D. | 1.2% |
| Answer» E. | |
| 2981. |
Which bank has introduced a special fixed deposit scheme for senior citizens which offers an interest rate of 6.55% per annum for deposits up to Rs 2 crores with a tenure of more than 5 years to 10 years? |
| A. | HSBC Bank India |
| B. | ICICI bank |
| C. | Bank of India |
| D. | Union Bank Of India |
| Answer» C. Bank of India | |
| 2982. |
IRDAI has approved the proposal of which bank to continue with its 30% holding in IndiaFirst Life? |
| A. | Punjab National Bank |
| B. | UCO Bank |
| C. | Union Bank of India |
| D. | Indian Overseas Bank |
| Answer» D. Indian Overseas Bank | |
| 2983. |
The World Bank announced emergency operations of how much worth to 100 developing countries over a 15-month period to fight the deadly Coronavirus? |
| A. | 260 billion USD |
| B. | 160 billion USD |
| C. | 100 billion USD |
| D. | 200 billion USD |
| Answer» C. 100 billion USD | |
| 2984. |
The Reserve Bank of India on May 22, 2020 announced reduction in the Policy Repo Rate from 4.4% to how much percent? |
| A. | 4% |
| B. | 3% |
| C. | 4.1% |
| D. | 3.8% |
| Answer» B. 3% | |
| 2985. |
Which bank becomes 1st bank in India to allow video Know your customer (KYC) facility for customers opening savings accounts on banks digital banking platform? |
| A. | UCO Bank |
| B. | Kotak Mahindra Bank |
| C. | Indian Bank |
| D. | Punjab and Sind Bank |
| Answer» C. Indian Bank | |
| 2986. |
SBI reduces benchmark lending rate by how much basis points with effect from 10 May? |
| A. | 5 |
| B. | 10 |
| C. | 15 |
| D. | 20 |
| Answer» D. 20 | |
| 2987. |
The Reserve Bank of India (RBI) announced how much liquidity support for Mutual Funds (MFs) on 27 April 2020? |
| A. | Rs.10,000 crore |
| B. | Rs.20,000 crore |
| C. | Rs.50,000 crore |
| D. | Rs.30,000 crore |
| Answer» D. Rs.30,000 crore | |
| 2988. |
The Government of India and which bank signed a $1.5 billion loan that will support the government's response to the novel coronavirus disease (COVID-19) pandemic? |
| A. | World bank |
| B. | New Development Bank |
| C. | Asian Development Bank |
| D. | IMF |
| Answer» D. IMF | |
| 2989. |
RBI announces how much special refinance facilities for NABARD, SIDBI, NHB? |
| A. | Rs 20,000 crore |
| B. | Rs 30,000 crore |
| C. | Rs 40,000 crore |
| D. | Rs 50,000 crore |
| Answer» E. | |
| 2990. |
RBI raises Ways and Means Advances limit for States by how much percent over and above the level as on 31 March 2020? |
| A. | 30% |
| B. | 60% |
| C. | 40% |
| D. | 50% |
| Answer» C. 40% | |
| 2991. |
The Reserve Bank of India (RBI) released the 49th round of quarterly OBICUS of the manufacturing sector. What is full form of O in OBICUS? |
| A. | Office |
| B. | Order |
| C. | Offset |
| D. | Owner |
| Answer» C. Offset | |
| 2992. |
The Reserve Bank of India (RBI) has announced the second set of measures to preserve financial stability and help put money in the hands of the needy and disadvantaged during the extended lockdown due to the COVID-19 crisis. Reverse repo rate has been reduced by how many basis points from 4.0%? |
| A. | 20 basis points |
| B. | 25 basis points |
| C. | 35 basis points |
| D. | 50 basis points |
| Answer» C. 35 basis points | |
| 2993. |
Which Bank got RBI nod to reappoint Mahabaleshwara M S as MD and CEO for 3 years? |
| A. | Indian Overseas Bank |
| B. | Union Bank of India |
| C. | Indian Bank |
| D. | Karnataka Bank |
| Answer» E. | |
| 2994. |
Punjab National Bank Housing Finance has signed a pact with which of the following body to raise 75 million dollars? |
| A. | Japan International Cooperation Agency |
| B. | The Asian Development Bank |
| C. | The Asian Infrastructure Investment Bank |
| D. | Industrial and Commercial Bank of China |
| Answer» B. The Asian Development Bank | |
| 2995. |
Which of the following Bank has been nominated by Govt. for collection of donations for PM-CARES Fund? |
| A. | PNB Bank |
| B. | BOB Bank |
| C. | Indian Overseas Bank |
| D. | HDFC Bank |
| Answer» D. HDFC Bank | |
| 2996. |
Green Bonds of USD 100 million has been listed by which bank on India International Exchange Limited's (INX) Global Securities Market Green Platform (GSM)? |
| A. | Dena Bank |
| B. | SBI |
| C. | BoB |
| D. | Yes Bank |
| Answer» C. BoB | |
| 2997. |
BharatPe has started COVID-19 Protection Insurance Cover in association with which bank? |
| A. | ICICI |
| B. | SBI |
| C. | HDFC |
| D. | RBI |
| Answer» B. SBI | |
| 2998. |
Which bank is to provide 1 billion USD to Government of India to implement Covid-19 Emergency Response and Health Systems preparedness project? |
| A. | IMF |
| B. | World Bank |
| C. | Asian Development Bank |
| D. | RBI |
| Answer» C. Asian Development Bank | |
| 2999. |
Which bank has launched whatsapp banking? |
| A. | ICICI |
| B. | HDFC |
| C. | SBI |
| D. | Bob |
| Answer» B. HDFC | |
| 3000. |
Which bank is the partner bank of PM-CARES? |
| A. | PNB |
| B. | SBI |
| C. | RBI |
| D. | Yes Bank |
| Answer» C. RBI | |