

MCQOPTIONS
This section includes 1448 Mcqs, each offering curated multiple-choice questions to sharpen your Current Affairs knowledge and support exam preparation. Choose a topic below to get started.
1. |
NBFC Manappuram Finance launched its own prepaid cards in tie-up with which private sector bank? |
A. | Axis Bank |
B. | Yes Bank |
C. | HDFC Bank |
D. | ICICI Bank |
Answer» C. HDFC Bank | |
2. |
What is the current Repo Rate as per First Bi-Monthly Monetary Policy 2017-18 of the Reserve Bank of India (RBI)? |
A. | 5.75% |
B. | 6.0% |
C. | 6.25% |
D. | 6.5% |
Answer» D. 6.5% | |
3. |
The Asian Development Bank (ADB) has approved how much amount of loan to Power Grid Corporation of India Ltd (PGCIL)? |
A. | $175 million |
B. | $160 million |
C. | $188 million |
D. | $196 million |
Answer» B. $160 million | |
4. |
What amount of loan agreement was signed between India and New Development Bank for major district roads project in Madhya Pradesh? |
A. | $300 million |
B. | $350 million |
C. | $400 million |
D. | $450 million |
Answer» C. $400 million | |
5. |
Which Indian bank has launched a unique credit card "Unnati" to spread credit inclusion? |
A. | ICICI Bank |
B. | Punjab National bank |
C. | Bank of India |
D. | State Bank of India |
Answer» E. | |
6. |
Which bank launched the Unnati Credit Card to spread credit inclusion recently? |
A. | ICICI Bank |
B. | State Bank of India |
C. | Andhra Bank |
D. | Bank of Baroda |
Answer» C. Andhra Bank | |
7. |
How much loan agreement has been signed between Asian Development Bank (ADB) and Government of India (GoI) to upgrade district roads in Madhya Pradesh? |
A. | $550 million |
B. | $450 million |
C. | $650 million |
D. | $350 million |
Answer» E. | |
8. |
Which Indian bank has launched a mobile banking app "Mera iMobile" for rural customers? |
A. | HDFC Bank |
B. | ICICI Bank |
C. | Axis Bank |
D. | State Bank of India (SBI) |
Answer» C. Axis Bank | |
9. |
B P Kanungo was recently appointed as the Deputy Governor in Reserve Bank of India (RBI) for three years. He will replace ____? |
A. | V Acharya |
B. | S S Mundra |
C. | R Gandhi |
D. | Harun R Khan |
Answer» D. Harun R Khan | |
10. |
Which bank has recently signed MoU with CREDAI to work towards providing housing for all? |
A. | Allahabad Bank |
B. | State Bank of India (SBI) |
C. | Dena Bank |
D. | Bank of Baroda (BoB) |
Answer» C. Dena Bank | |
11. |
Which bank has launched an instant digital Loan Against Securities (LAS) facility? |
A. | Axis Bank |
B. | Bank of India |
C. | HDFC Bank |
D. | ICICI Bank |
Answer» D. ICICI Bank | |
12. |
Which bank has launched India's first Artificial Intelligence (AI)-based banking chatbot "Electronic Virtual Assistant (EVA) for customer service? |
A. | ICICI Bank |
B. | HDFC Bank |
C. | Axis Bank |
D. | SBI |
Answer» C. Axis Bank | |
13. |
India's first AI based chatbot EVA was launched by which bank? |
A. | ICICI Bank |
B. | Axis Bank |
C. | Yes Bank |
D. | HDFC Bank |
Answer» E. | |
14. |
How much penalty will be imposed on banks, if they refuse to exchange soiled or scribed currency notes from people, according to Reserve Bank of India (RBI)? |
A. | Rs 5000 |
B. | Rs 10000 |
C. | Rs 15000 |
D. | Rs 20000 |
Answer» C. Rs 15000 | |
15. |
This public sector bank launched five new products to mark its 75th foundation day recently. |
A. | Punjab National Bank |
B. | Allahabad Bank |
C. | Oriental Bank of Commerce |
D. | State Bank of India |
Answer» D. State Bank of India | |
16. |
Which public sector bank has launched mobile wallet "Bataua" for digital payments? |
A. | Oriental Bank of Commerce (OBC) |
B. | Punjab National Bank (PNB) |
C. | Canara Bank |
D. | Central Bank of India (CBI) |
Answer» B. Punjab National Bank (PNB) | |
17. |
Which public sector bank has signed MoU with the Ministry of Human Resource Development (MHRD) to start higher education financing agency? |
A. | Canara Bank |
B. | State Bank of India |
C. | ICICI Bank |
D. | HDFC Bank |
Answer» B. State Bank of India | |
18. |
Which committee will be constituted by the Reserve Bank of India (RBI) on cyber security? |
A. | N K Singh committee |
B. | Meena Hemachandra committee |
C. | Ravi Iyer committee |
D. | Tushar Krishna committee |
Answer» C. Ravi Iyer committee | |
19. |
What is the current repo rate as per latest 6th bi-monthly monetary policy for the FY 2016-17? |
A. | 6.75% |
B. | 6.55% |
C. | 7.0% |
D. | 6.25% |
Answer» E. | |
20. |
"FI@School" a novel programme has been launched by which gramin bank to propagate financial literacy among school children? |
A. | Uttarbanga Kshetriya Gramin Bank |
B. | Kerala Gramin Bank |
C. | Assam Gramin Vikash Bank |
D. | Rajasthan Gramin Bank |
Answer» C. Assam Gramin Vikash Bank | |
21. |
RBI has revised the limit for cash withdrawal limit from ATMs. The limit onm withdrawal from current accounts was raised to |
A. | Rs 25000 |
B. | Rs 50000 |
C. | Rs 75000 |
D. | Rs 100000 |
Answer» E. | |
22. |
Which insurance company tied up with Small Industries Development Bank of India (SIDBI) for capital support to enterprises? |
A. | Life Insurance Corporation of India |
B. | National Insurance Company Ltd |
C. | Oriental Insurance Company Ltd |
D. | New India Assurance Company Ltd |
Answer» B. National Insurance Company Ltd | |
23. |
Which of the following banks has tied up with online portal "magicbricks.com" to conduct joint marketing activities? |
A. | ICICI Bank |
B. | Punjab National Bank |
C. | HDFC Bank |
D. | State Bank of India |
Answer» E. | |
24. |
How much loan amount has been approved by the World Bank for rural road projects in Bihar? |
A. | $245 million |
B. | $235 million |
C. | $255 million |
D. | $265 million |
Answer» C. $255 million | |
25. |
Vera Rubin, who passed away recently, was the noted astronomer of which country? |
A. | Germany |
B. | United Kingdom |
C. | United States |
D. | France |
Answer» D. France | |
26. |
United Bank of India has adopted two villages, namely Patunagar and Sachindranagar in a state to implement schemes in the line of digital India program. Name the state where these two villages are located. |
A. | Bihar |
B. | Uttar Pradesh |
C. | Manipur |
D. | Tripura |
Answer» E. | |
27. |
Co-operative Apex bank of which state has launched Mobile Banking service called SIMsePaY in collaboration with the Yes Bank Ltd. |
A. | Madhya Pradesh |
B. | Kerala |
C. | Punjab |
D. | Arunachal Pradesh |
Answer» E. | |
28. |
What percent of tax will be levied if the declarant voluntarily declares the undisclosed income? |
A. | 10 percent |
B. | 25 percent |
C. | 30 percent |
D. | 60 percent |
Answer» D. 60 percent | |
29. |
Which bank tied-up with Gujarat State Road Transport Corporation (GSRTC) to digitise payment of bus tickets for its customers? |
A. | Dena Bank |
B. | Bank of Baroda |
C. | YES Bank |
D. | State Bank of India |
Answer» D. State Bank of India | |
30. |
Which Bank of India is considering introducing an 'Islamic Window'? |
A. | The State Bank of India |
B. | The Reserve Bank of India |
C. | Central Bank of India |
D. | Corporation Bank |
Answer» C. Central Bank of India | |
31. |
How much loan was sanctioned by the Asian Development Bank to improve Assam's power distribution system? |
A. | 48 million US dollars |
B. | 81 million US dollars |
C. | 26 million US dollars |
D. | 57 million US dollars |
Answer» B. 81 million US dollars | |
32. |
"Lakshmi" India's first banking robot has been launched which bank? |
A. | State Bank of India |
B. | City Union Bank |
C. | ICICIC Bank |
D. | Axis Bank |
Answer» C. ICICIC Bank | |
33. |
RBI recently directed all the banks to dispense more banknotes through ATMs of which denomination? |
A. | 10 rupees notes |
B. | 20 rupees notes |
C. | 50 rupees notes |
D. | 100 rupees notes |
Answer» E. | |
34. |
The Central Vigilance Commission asked the public sector banks to share their reports relating to all loan frauds involving funds over what amount? |
A. | 25 lakh rupees |
B. | 50 lakh rupees |
C. | One crore rupees |
D. | Two crore rupees |
Answer» D. Two crore rupees | |
35. |
How much amount startups can raise via External Commercial Borrowings (ECBs) annually, as per new norms of Reserve Bank of India (RBI)? |
A. | $ 4 million |
B. | $ 3 million |
C. | $ 2 million |
D. | $ 5 million |
Answer» C. $ 2 million | |
36. |
Which bank has launched home loan overdraft facility for salaried customers? |
A. | State Bank of India |
B. | ICICI Bank |
C. | Axis Bank |
D. | HDFC Bank |
Answer» C. Axis Bank | |
37. |
Which bank launched home loan overdraft facility for salaried customers? |
A. | State Bank of India |
B. | ICICI Bank |
C. | Axis Bank |
D. | HDFC Bank |
Answer» C. Axis Bank | |
38. |
How much loan amount has been sanctioned by the Asian Development Bank (ADB) to improve to improve Assam's power distribution system? |
A. | $54 million |
B. | $48 million |
C. | $88 million |
D. | $63 million |
Answer» C. $88 million | |
39. |
Union Government recently signed loan agreement with which bank to improve Assam's Power Distribution? |
A. | World Bank |
B. | International Monetary Fund |
C. | United Nations Economic and Social Council |
D. | Asian Development Bank |
Answer» E. | |
40. |
The Reserve Bank of India recently notified withdrawal of legal tender of which denominations of Bank Notes? |
A. | 100 and 500 rupees notes |
B. | 50 and 100 rupees notes |
C. | 500 and 1000 rupees notes |
D. | 50 and 1000 rupees notes |
Answer» D. 50 and 1000 rupees notes | |
41. |
Which Indian bank was the first to roll out newly issued 500 rupee notes? |
A. | State Bank of India |
B. | Central Bank of India |
C. | Canara Bank |
D. | Bank of India |
Answer» B. Central Bank of India | |
42. |
How much loan amount has been sanctioned by the Asian Development Bank (ADB) to build India's longest river bridge across the Ganges River? |
A. | $450 million |
B. | $300 million |
C. | $500 million |
D. | $550 million |
Answer» D. $550 million | |
43. |
People can dispense cash up to 2000 rupees through debit card swipe at some selected IOCL, BPCL and HPCL petrol pumps. The initiative was launched by public sector oil companies in association with which bank? |
A. | SBI |
B. | Axis Bank |
C. | HDFC |
D. | IDBI |
Answer» B. Axis Bank | |
44. |
Taking into consideration the problems being faced by small borrowers in repaying their loan dues, RBI decided to provide an additional 60 days time for repayment of loan of up to what amount? |
A. | 5 crore rupees |
B. | 2.5 crore rupees |
C. | 1 crore rupees |
D. | 50 Lakh rupees |
Answer» D. 50 Lakh rupees | |
45. |
Name the organisation/Institution that released the 2016 edition of the Measuring the Information Society Report. |
A. | International Telecommunication Union |
B. | UNESCO |
C. | World Bank |
D. | None of the above |
Answer» B. UNESCO | |
46. |
Which of the following organization recently launched India's first Payments Bank? |
A. | Airtel Payments Bank Limited |
B. | Aditya Birla Nuvo Limited |
C. | Reliance Industries Limited |
D. | Vodafone m-pesa Limited |
Answer» B. Aditya Birla Nuvo Limited | |
47. |
Name the Bank that launched contactless debit card based on Near Field Communication (NFC) technology? |
A. | State Bank of India |
B. | Kotak Mahindra Bank |
C. | United Bank of India |
D. | South Indian Bank |
Answer» E. | |
48. |
Recently, RBI reduced the monthly cash withdrawal limit from the Pradhan Mantri Jan Dhan Yojana (PMJDY) accounts to what amount? |
A. | Rs 4000 |
B. | Rs 5000 |
C. | Rs 8000 |
D. | Rs 10000 |
Answer» E. | |
49. |
Which bank tied up with Bajaj Finance to launch a series of co-branded credit cards for Indian customers? |
A. | ICICI Bank |
B. | HDFC Bank |
C. | IDBI Bank |
D. | RBL Bank |
Answer» E. | |
50. |
Name the Indian bank that recently launched a digital banking service known as SIMsePay. |
A. | Canara Bank |
B. | State Bank of India |
C. | Axis Bank |
D. | Yes Bank |
Answer» E. | |