Banking Awareness Quiz by Bank Coaching Classes Experts in Delhi

The general knowledge section of the IBPS exam is not specific. It is quite general and essentially generic. There is nowhere to stop on the horizon. As a result, you must enrol with the best bank exam coaching in Delhi and start your preparation for the GK and current affairs section well in advance. Although there are other topics that can be covered, saving this one till last will take a lot of time. As a result, it’s imperative to approach this part methodically and with a defined purpose. By properly organising your strategy and planning, you can cover crucial topics.

Contemporary affairs are highly dynamic as a result of their constant change. All competitive exams include a current affairs section because of its importance and dynamic character. This is a test of a student’s knowledge of current affairs.

As the nation’s hub for the Best Online Bank PO Coaching Classes, we publish the top YouTube videos to make studying for any bank competitive test simple. Finding the information, you need for the exam doesn’t require you to read tedious newspapers and journals any longer.

We’ve taken on this work so you don’t have to worry about finding the necessary study materials and can concentrate on studying. Let’s begin the most recent Bank Awareness test that our experts especially designed for you.

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1) Which among the following countries has printed the first bank note with two women’s signatures?
A) UK
B) UAE
C) USA
D) China
E) None of these
Answer – C) USA
Explanation:
The USA has printed the first bank note with two women’s signatures.

2) The RBI has imposed a penalty of _______ on Bank of Bahrain and Kuwait BSC.
A) Rs.2.66 crore
B) Rs.3.66 crore
C) Rs.1.66 crore
D) Rs.4.66 crore
E) None of these
Answer – A) Rs.2.66 crore
Explanation:
The Reserve Bank of India(RBI) has imposed a penalty of Rs.2.66 crore on Bank of Bahrain and Kuwait BSC for non-compliance with directions issued by RBI on “Cyber Security Framework in Banks”

3) Which among the following has launched ‘Roots’, a dedicated platform providing comprehensive investor education and market analysis?
A) Motilal Oswal Financial Service
B) IIFL Securities
C) HDFC Securities
D) Religare Securities
E) None of these
Answer – C) HDFC Securities
Explanation:
Stock brokerage firm, HDFC Securities has launched ‘Roots’, a dedicated platform providing comprehensive investor education and market analysis.

4) Which among the following banks has waived off fees on savings accounts and multiple banking services?
A) HDFC Bank
B) IDFC First Bank
C) IDBI Bank
D) Yes Bank
E) None of these
Answer – B) IDFC First Bank
Explanation:
IDFC First Bank has waived off fees on savings accounts and multiple banking services including Passbook charges, NEFT charges.

5) Which among the following banks has signed an MoU with the Defence Ministry to extend services to defence pensioners?
A) IDFC First Bank
B) Bandhan Bank
C) IDBI Bank
D) Yes Bank
E) None of these
Answer – B) Bandhan Bank
Explanation:
Bandhan Bank has signed an MoU with the Defence Ministry to extend services to defence pensioners and their families through its 557 branches.

6) Who among the following persons has launched the first-ever “Surety Bond Insurance” for Infrastructure Projects?
A) Rajnath Singh
B) Amit Shah
C) Nitin Gadkari
D) Narendra Modi
E) None of these
Answer – C) Nitin Gadkari
Explanation:
Union Minister of Road, Transport and Highways, Shri Nitin Gadkari has launched the first – ever “Surety Bond Insurance” from Bajaj Allianz for Infrastructure Projects.

7) India’s Public Sector Banks (PSBs) have recovered an aggregate amount of more than ______ from the written-off loans during the last five financial years.
A) 1.2 lakh crore
B) 1.3 lakh crore
C) 1.4 lakh crore
D) 1.5 lakh crore
E) None of these
Answer – B) 1.3 lakh crore
Explanation:
India’s Public Sector Banks (PSBs) have recovered an aggregate amount of more than 1.3 lakh crore from the written-off loans during the last five financial years.

8) Which among the following banks has signed an MoU with the territory of Ladakh to provide the banking facilities to the employees of the UT?
A) Jammu & Kashmir Bank
B) Bandhan Bank
C) IDBI Bank
D) Yes Bank
E) None of these
Answer – A) Jammu & Kashmir Bank
Explanation:
Jammu & Kashmir Bank has signed an MoU with the territory of Ladakh to provide the banking facilities to the employees of the UT.

9) Which among the following agencies has signed an MoU with the Council on Energy Environment and Water (CEEW) for mutual assistance and cooperation in the field of Sustainable Finance?
A) IDA
B) IFSCA
C) IFC
D) MIGA
E) None of these
Answer – B) IFSCA
Explanation:
The International Financial Services Centres Authority (IFSCA) has signed an MoU with Council on Energy Environment and Water (CEEW) for mutual assistance and cooperation in the field of Sustainable Finance.

10) Which among the following institutions has released the “2022 in Nine Charts” Report?
A) World Bank
B) IMF
C) ADB
D) IFC
E) None of these
Answer – A) World Bank
Explanation:
The World Bank has released the “2022 in Nine Charts” Report.

11) Which among the following companies has collaborated with HDFC ERGO to launch insurance for digital transactions up to Rs.10000?
A) Phonepe
B) Paytm
C) Freecharge
D) Paypal
E) None of these
Answer – B) Paytm
Explanation:
Paytm has collaborated with HDFC ERGO to launch insurance for digital transactions up to Rs.10000.

12) Which among the following banks has signed a deal to acquire Vaya Finserv’s entire microfinance loan portfolio for about Rs.1000 Crore?
A) Bandhan Bank
B) IDFC First Bank
C) IDBI Bank
D) Yes Bank
E) None of these
E) All of these
Answer – B) IDFC First Bank
Explanation:
IDFC First Bank has Signed a deal to acquire Vaya Finserv’s entire microfinance loan portfolio for about Rs.1000 Crore.

13) Which among the following digital payment service providers has received in-principle approval from the RBI to act as a Payment Aggregator (PA)?
A) Square
B) Worldline ePayments India
C) Paypal
D) Stripe
E) None of these
Answer – B) Worldline ePayments India
Explanation:
Worldline ePayments India has received in-principle approval from the RBI to act as a Payment Aggregator (PA).

14) The RBI has imposed a monetary penalty of Rs _____ on the Bharat Cooperative Bank Limited, Bengaluru.
A) 7 lakhs
B) 5 lakhs
C) 4 lakhs
D) 3 lakhs
E) None of these
Answer – B) 5 lakhs
Explanation:
The RBI has imposed a monetary penalty of Rs 5 lakhs on the Bharat Cooperative Bank Limited, Bengaluru.

15) Which among the following banks has announced the launch of “Merchant One Account” for MSMEs?
A) Kotak Mahindra Bank
B) IDFC First Bank
C) IDBI Bank
D) Yes Bank
E) None of these
Answer – A) Kotak Mahindra Bank
Explanation:
Kotak Mahindra Bank has announced the launch of “Merchant One Account” for MSMEs.

16) Which among the following has partnered With Axis Bank to push financial inclusion in Rural India?
A) Paypoint
B) Spice Money
C) PayNearby
D) Instantpay
E) None of these
Answer – B) Spice Money
Explanation:
Spice Money has partnered With Axis Bank to push financial inclusion in Rural India.

17) Which among the following has launched a Pan-India report titled, “Retail-O-Nomics”.?
A) Pay Nearby
B) Spice Money
C) Paypoint
D) Instantpay
E) None of these
Answer – A) PayNearby
Explanation:
PayNearby has launched a Pan-India report titled, “Retail-O-Nomics”.

18) According to the latest data released by RBI, _____ is the fastest growing state for the last nine years from (FY12 to FY21).
A) Tamil Nadu
B) Kerala
C) Gujarat
D) Karnataka
E) None of these
Answer – C) Gujarat
Explanation:
According to the latest data released by RBI, Gujarat is the fastest growing state for the last nine years from (FY12 to FY21).

19) IFC has proposed another $400 million senior debt investment to ____
A) LIC HFL
B) HDFC
C) Repco Home Finance
D) Can Fin Homes Ltd.
E) None of these
Answer – B) HDFC
Explanation:
International Finance Corporation (IFC) has proposed another $400 million loan to HDFC for financing green affordable housing units, as part of their efforts towards supporting climate goals

20) Which among the following Stock Exchanges of India has received the in-principle approval from the SEBI to set up a Social Stock Exchange (SSE)?
A) BSE
B) NSE
C) ASE
D) IIE
E) None of these
Answer – B) NSE
Explanation:
The National Stock Exchange of India (NSE) has received the in-principle approval from the SEBI to set up a Social Stock Exchange (SSE).

Summary
The above-mentioned quiz questions would be beneficial for candidates for any Competitive Exams who wish to enhance their performance in the General Knowledge segment.

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