Banking Awareness Quiz by Top Bank Coaching Experts in Delhi

Candidates taking the Bank PO Exam administered by the recruitment bodies are required to fully comprehend all facets of current events. Reading a basic book on current affairs and newspapers is insufficient for applicants to perform well in such exams. They require the best bank PO coaching in Delhi who can act as a guide through the complexity of current affairs and clarify the basic concepts by relating them to common occurrences in the country.

As one of the top coaching centres for bank competitive exams in Delhi, we have observed that as candidates begin to study for the bank PO exam, they find it difficult to decide what to read and what to put off. On a worldwide level, numerous critical events are happening. How can you cut through the clutter to uncover the news that matters for the bank exam? The scope of current events is broad. They act as a platform for the dissemination of news that people all around the world find fascinating. It is essential to providing education.

1) Which among the following banks has launched India’s first sticker-based Debit Card Called FIRSTAP?
A) IDFC First Bank
B) Kotak Mahindra Bank
C) HDFC Bank
D) ICICI Bank
E) None of these
Answer – A) IDFC First Bank
Explanation:
IDFC First Bank has launched India’s first sticker-based Debit Card Called FIRSTAP.

2) The Central banks of India and ______ have discussed a concept paper on promoting bilateral trade in local currencies of both countries.
A) Libya
B) Qatar
C) Tajikistan
D) UAE
E) None of these
Answer – D) UAE
Explanation:
The Central banks of India and UAE have discussed a concept paper on promoting bilateral trade in local currencies of both countries.

3) Axis Bank and _____ have partnered to launch the “Super Elite Credit Card”.
A) Amazon
B) Flipkart
C) Meesho
D) Ajio
E) None of these
Answer – B) Flipkart
Explanation:
Axis Bank and Flipkart have partnered to launch the “Super Elite Credit Card”.

4) Which among the following banks has opened its first dedicated mid-corporate branch?
A) SBI
B) UBI
C) IOB
D) BOB
E) None of these
Answer – D) BOB
Explanation:
The Bank of Baroda (BOB) has opened its first dedicated mid-corporate branch.

5) RBI has added GSTN in financial information providers list under AA Network to facilitate cash flow lending to ______
A) Banks
B) MSMEs
C) Insurance companies
D) All of these
E) None of these
Answer – B) MSMEs
Explanation:
RBI has added GSTN in the financial information providers list under AA Network to facilitate cash flow lending to MSMEs.

6) Which among the following banks has dominated the debit card market for October?
A) SBI
B) Bank of Baroda
C) Bank of India
D) Canara Bank
E) None of these
Answer – A) SBI
Explanation:
According to latest data by 1 Lattice (Previously PGA Labs), SBI has maintained its top position in the debit cards segment followed by BOB, BOI and Canara Bank. HDFC has continued its top position in the credit cards segment followed by SBI, ICICI Bank and Axis Bank.

7) The panel of state finance ministers is likely to recommend a uniform GST levy of ____ on online gaming.
A) 30%
B) 28%
C) 25%
D) 35%
E) None of these
Answer – B) 28%
Explanation:
The panel of State finance ministers is likely to recommend a uniform GST levy of 28% on online gaming.

8) Shri. Subrat kumar has been appointed as the Executive Director of the ______
A) BOB
B) UBI
C) IOB
D) BOI
E) None of these
Answer – D) BOI
Explanation:
Shri. Subrat kumar has been appointed as the Executive Director of the BOI.

9) Which among the following has launched “TapTap”, a wearable device that enables contactless Payments?
A) Billbox
B) Bill Desk
C) Paytm
D) Paypal
E) None of these
Answer – A) Billbox
Explanation:
Billbox, a solution provider in the payments and merchant ecosystem in India has launched “TapTap”, a wearable device that enables contactless payments.

10) Which among the following companies has tied up with Union Bank of India (UBI) to help the MSME sector with ‘Union Solar’?
A) Vikram Solar
B) Tata Power Solar
C) Indo Solar
D) Adani Group
E) None of these
Answer – B) Tata Power Solar
Explanation:
Tata Power Solar has tied up with Union Bank of India(UBI) to help the MSME sector with ‘Union Solar’.

11) NIFF and ______ have proposed to establish NIFF’s first bilateral fund.
A) Development Bank of Japan
B) Japan Bank for International Cooperation
C) Japan External Trade Organization
D) Japan Finance Organization
E) None of these
Answer – B) Japan Bank for International Cooperation
Explanation:
NIFF and Japan Bank for International Cooperation have a Fund – the “India Japan Fund”.

12) Which among the following banks has launched two new products Loan Against Deposits (LAD) and Dollar Bonds?
A) ICICI Bank
B) Axis Bank
C) HDFC Bank
D) Indusind Bank
E) All of these
Answer – A) ICICI Bank
Explanation:
ICICI Bank has launched two new products Loan Against Deposits (LAD) and Dollar Bonds.

13) Which among the following banks has signed a multi year data and technology agreement with Refinitiv, a London stock Exchange Group Business.?
A) ICICI Bank
B) Axis Bank
C) HDFC Bank
D) Indusind Bank
E) None of these
Answer – C) HDFC Bank
Explanation:
HDFC Bank has signed a multi year data and technology agreement with Refinitiv, a London stock Exchange Group Business.

14) Which among the following banks has approved the transfer of stressed assets worth Rs.48000 crore to private equity firm JC Flowers?
A) HDFC Bank
B) YES Bank
C) ICICI Bank
D) Indusind Bank
E) None of the
Answer – B) YES Bank
Explanation:
YES Bank has approved the transfer of stressed assets worth Rs.48000 crore to private equity firm JC Flowers Asset Reconstruction.

15) Which among the following banks has announced plans to open 207 branches and 80 smart banking lobbies in Maharashtra?
A) HDFC Bank
B) YES Bank
C) ICICI Bank
D) Indusind Bank
E) None of these
Answer – A) HDFC Bank
Explanation:
HDFC Bank has announced plans to open 207 branches and 80 smart banking lobbies in Maharashtra.

16) Which among the following Companies has been barred by RRI from onboarding of new online merchants?
A) Paypal
B) Paytm Payment Services Limited (PPSL)
C) Stripe
D) Square
E) None of these
Answer – B) Paytm Payment Services Limited (PPSL)
Explanation:
Paytm Payment Services Limited (PPSL) has been barred by RRI from onboarding of new online merchants.

17) Which among the following companies has received RBI approval to operate as a non-deposit taking non-banking financial company?
A) Fullerton
B) Orange Retail
C) Ecofy
D) All of these
E) None of these
Answer – C) Ecofy
Explanation:
Eversource Promoted Accretive Cleantech Finance Private Limited (Ecofy) has received RBI approval to operate as a non-deposit taking non-banking financial company(NBFC).

18) Which among the following banks has launched ‘Open Doors’, a Co-branded Home Buyer Ecosystem with Square yards?
A) ICICI Bank
B) Axis Bank
C) HDFC Bank
D) Indusind Bank
E) None of these
Answer – B) Axis Bank
Explanation:
Axis Bank has launched ‘Open Doors’, a Co-branded Home Buyer Ecosystem with Square yards.

19) Which among the following banks has inaugurated the Ethical Hacking Lab at the Cyber Security Centre of Excellence (CCoE) in Hyderabad?
A) Bank of India
B) Union Bank of India
C) Bank of Baroda
D) Indian Overseas Bank
E) Hyderabad
Answer – B) Union Bank of India
Explanation:
The Union Bank of India has inaugurated the Ethical Hacking Lab at the Cyber Security Centre of Excellence (CCoE) in Hyderabad.

20) Leh, the highest-located district in India has achieved _____digitization of banking Operations.
A) 75%
B) 80%
C) 100%
D) 60%
E) None of these
Answer – C) 100%
Explanation:
Leh, the highest – located district in India has achieved 100% digitization of banking.

21) Which among the following banks has won the “Banker’s Bank of the year award 2022”
A) SBI
B) Canara Bank
C) Axis Bank
D) HDFC Bank
E) None of these
Answer – B) Canara Bank
Explanation:
Canara Bank has won the Banker’s Bank of the year award 2022.

22) The World Bank has approved ______ loan to Bangladesh for better environmental management.
A) $100 million
B) $150 million
C) $200 million
D) $250 million
E) None of these
Answer – D) $250 million
Explanation:
The World Bank has approved a $250 million loan to Bangladesh for better environmental management.

23) Who among the following Persons has been elected as the President of Institute of Cost and Management Accountants of India (ICMAI)?
A) C.Achalender Reddy
B) Vijender Sharma
C) M.Paramasivam
D) Rakesh Bhalla
E) None of these
Answer – B) Vijender Sharma
Explanation:
Vijender Sharma – President of Institute of Cost and Management Accountants of India (ICMAI).

24) M.Paramasivam has been appointed as the new Executive Director of _______
A) Canara Bank
B) PNB
C) SBI
D) UBI
E) None of these
Answer – B) PNB
Explanation:
M.Paramasivam has been appointed as the new Executive Director of Punjab National Bank.

25) Which among the following states has signed an MoU with the BSE and NSE to enable local MSMEs to access the Capital markets?
A) Tamil Nadu
B) Maharashtra
C) Odisha
D) Gujarat
E) None of these
Answer – C) Odisha
Explanation:
The State government of Odisha has Signed an MoU with the BSE and NSE to enable local MSMEs to access the Capital markets.

26) The Reserve Bank of India (RBI) has launched the first Pilot Project for retail digital rupee from _____
A) 30 November 2022
B) 1 December 2022
C) 15 December 2022
D) 15 November 2022
E) None of these
Answer – B) 1 December 2022
Explanation:
The Reserve Bank of India (RBI) has launched the first Pilot Project for retail digital rupee from 1 December 2022 in Mumbai, New Delhi, Bengaluru and Bhubaneswar.

27) Which among the following countries will provide Rs.1495 Crore loan for an Intelligent Transport System in Maharashtra?
A) North Korea
B) South Korea
C) Japan
D) China
E) None of these
Answer – B) South Korea
Explanation:
2South Korea will Provide Rs.1495 Crore loan for an Intelligent Transport System in Maharashtra.

28) Which among the following banks has partnered with TurtleFin to Create a Comprehensive technology Platform EasyNsure?
A) Axis Bank
B) Yes Bank
C) ICICI Bank
D) Indusind Bank
E) None of these
Answer – B) Yes Bank
Explanation:
Yes Bank has partnered with TurtleFin, India’s top insurtech platform to create a Comprehensive technology Platform EasyNsure.

29) Which among the following banks has planned to raise Rs.10,000 Crore worth of Infrastructure bonds in 2022-2023?
A) IOB
B) Canara Bank
C) SBI
D) Indian Bank
E) None of these
Answer – C) SBI
Explanation:
The State Bank of India (SBI) has planned to raise Rs.10,000 Crore worth of Infrastructure bonds in 2022-2023.

30) Which among the following has launched India’s first passive tax saver fund?
A) SBI Mutual Fund
B) IIFL Mutual Fund
C) Kotak Mutual Fund
D) ICICI Prudential Mutual Fund
E) None of these
Answer – B) IIFL Mutual Fund
Explanation:
IIFL Mutual Fund has launched India’s first passive tax saver fund.

31) Which among the following will be renamed as “Bandhan Mutual Fund”?
A) L & T Mutual Fund
B) DSP Mutual Fund
C) Sundaram Mutual
D) IDFC Mutual Fund
E) None of these
Answer – D) IDFC Mutual Fund
Explanation:
IDFC Mutual Fund will be renamed as “Bandhan Mutual Fund”.

32) Employees State Insurance Corporation(ESIC) can now invest up to ______ of its excess fund into equity.
A) 20%
B) 19%
C) 18%
D) 15%
E) All of these
Answer – D) 15%
Explanation:
Employees State Insurance Corporation can now invest up to 15% of its excess fund into equity.

33) Finance Minister, Nirmala Sitharaman has inaugurated the two day long 65th foundation Day of the Directorate of Revenue Intelligence (DRI) in _______
A) Goa
B) New Delhi
C) Hyderabad
D) Bengaluru
E) None of these
Answer – B) New Delhi
Explanation:
Finance Minister, Nirmala Sitharaman has inaugurated the two day long 65th foundation Day of the Directorate of Revenue Intelligence (DRI) in New Delhi.

34) India’s first gold ATM and World’s first real time gold ATM has been launched in ________
A) Mumbai
B) New Delhi
C) Hyderabad
D) Bengaluru
E) None of the
Answer – C) Hyderabad
Explanation:
India’s first gold ATM and World’s first real time gold ATM has been launched in Hyderabad.

35) Which among the following banks has crossed Rs.5 lakh crore Personal Banking Loan Advances?
A) IOB
B) SBI
C) UBI
D) PNB
E) None of these
Answer – B) SBI
Explanation:
SBI has crossed Rs.5 lakh crore Personal Banking Loan Advances.

36) Which among the following will be the first country in the world to receive $100 billion in Remittances?
A) $200 billion
B) $100 billion
C) $150 billion
D) $250 billion
E) None of these
Answer – B) $100 billion
Explanation:
India will be the first country in the world to receive $100 billion in Remittances.

37) Who among the following Persons has been elected as the President of the Institute of Cost Accountant of India?
A) Hansraj Gangaram Ahir
B) Vijendar Sharma
C) Rakesh Bhalla
D) Rajeeva Laxman
E) None of these
Answer – B) Vijendar Sharma
Explanation:
Vijendar Sharma has been elected as the President of the Institute of Cost Accountant of India.

38) Which among the following has launched the New Nifty Bharat Bond Index?
A) BSE
B) NSE
C) Calcutta Stock Exchange
D) Ahmedabad Stock Exchange
E) None of these
Answer – B) NSE
Explanation:
The National Stock Exchange(NSE) has launched the New Nifty Bharat Bond Index.

39) The National Payments Corporation of India(NPCI) has extended the deadline for Payment aggregators to meet the guidelines on volumes of UPI (Unified Payments Interface) transactions by two years till _______
A) December 1 2024
B) December 31 2024
C) December 15 2024
D) December 5 2024
E) None of these
Answer – B) December 31 2024
Explanation:
The National Payments Corporation of India (NPCI) has extended the deadline for Payment aggregators to meet the guidelines on volumes of UPI (Unified Payments Interface) transactions by two years till December 31, 2024.

40) RBI and the Financial Services Agency of _____ exchanged letters of Cooperation in the field of Central Counter Parties (CCPS)
A) Spain
B) France
C) Japan
D) Switzerland
E) None of these
Answer – C) Japan
Explanation:
RBI and the Financial Services Agency of Japan exchanged letters of Cooperation in the field of Central Counter Parties (CCPS).

The inclusion of current affairs in the curriculum of most competitive exams serves the simple purpose of determining whether test takers are knowledgeable about current events and their capacity for information gathering through the breadth and difficulty of the current affairs questions they can correctly answer. It reflects how well someone prepared for the exam.

Conclusion
In the modern world, all competitive tests include a section on current affairs. Various subjects, such as administrative news, election results, sports game results, etc., can fall under this category. The issues raised might be connected to current or recent occurrences in our environment. A large component of it is typically included in competitive exams like Bank PO. Therefore, as usual, we are here to assist you with the most updated current affairs questionnaire produced at https://www.vidyaguru.in/blog/ by our experienced mentors who have years of experience teaching students with huge aspirations and a deep awareness of current events.

We sincerely hope you are taking full advantage of the periodical surveys that are available on our website. For more help and guidance write to us at vidyagurudelhi@gmail.com