Top Banking Awareness Quiz by Online Bank Coaching Classes

In order to provide quality exam oriented guidance to Bank PO and Clerical job aspirants, Vidya Guru Faculty members publish Banking Awareness quizzes. Since these areas form the core of the GK section in IBPS and SBI exams, we suggest you carefully go through each and every question we discuss here.

As the Centre renowned for providing the Best Bank Online Coaching Classes in India, we reach out to lakhs of exam aspirants through our YouTube channel. On this channel, topics from various subjects are covered so as to help students understand our way of teaching. It is further suggested that you watch our Current Affairs videos to gain the knowledge required to attempt the questions like the ones given below. Before going ahead, pls. note that it is best to attempt these questions as a short test which will not only assess your level of preparation, but also enhance your knowledge.

1) Which among the following banks has agreed to acquire Credit Suisse?
A) Raiffeisen Switzerland
B) Morgan Stanley
C) UBS
D) Zurich Cantonal Bank
E) None of these
Answer – C) UBS
Explanation:
Switzerland’s largest bank, UBS has agreed to acquire Credit Suisse for ($3.2 billion) Swiss franc.

2) Women employees constitute over _______ of the total work force on average in the nationalised banks in the country.
A) 45%
B) 35%
C) 25%
D) 50%
E) None of these
Answer – C) 25%
Explanation:
Women employees constitute over 25% of the total work force on average in the nationalised banks in the country.

3) Ashwani kumar has been recommended by FSIB for the post of Managing Director of ________
A) SBI
B) UCO Bank
C) BOI
D) PNB
E) None of these
Answer – B) UCO Bank
Explanation:
Ashwani kumar has been recommended by FSIB for the post of Managing Director of UCO Bank.

4) Which among the following banks has partnered with RCB as their “Proud Banking Partner” for the 2023 season of T20 League?
A) Ujjivan Small Finance Bank
B) Equitas Small Finance Bank
C) AU Small Finance Bank
D) Jana Small Finance Bank
E) None of these
Answer – B) Equitas Small Finance Bank
Explanation:
Equitas Small Finance Bank has partnered with RCB as their “Proud Banking Partner” for the 2023 season of T20 League.

5) Warehousing Development Regulatory Authority (WDRA) has exchanged an MoU with ______ to provide low interest rate loans to farmers and traders.
A) SBI
B) UCO Bank
C) BOI
D) PNB
E) None of these
Answer – D) PNB
Explanation:
Warehousing Development Regulatory Authority (WDRA) has exchanged an MOU with Punjab National Bank to Provide low interest rate loans to farmers and traders.

6) Which among the following banks has become the first from Qatar to launch UPI remittance service to India?
A) Qatar Islamic Bank
B) Abu Dhabi Islamic Bank
C) Commercial Bank of Qatar
D) Dubai Islamic Bank
E) None of these
Answer – C) Commercial Bank
Explanation:
Commercial Bank has become the first from Qatar to launch UPI remittance service to India.

7) India and the World Bank have signed a loan agreement for the construction of the Green National Highway Corridors Project (GNHCP) in _______ states.
A) Three
B) Four
C) Five
D) Six
E) None of these
Answer – B) Four
Explanation:
India and the World Bank have signed a loan agreement for the construction of the Green National Highway Corridors Project in four states.

8) Tim Mayopoulos has been appointed as the CEO of ________
A) Signature Bank
B) Silicon Valley Bridge Bank
C) Chase Bank
D) Citibank
E) None of these
Answer – B) Silicon Valley Bridge Bank
Explanation:
Tim Mayopoulos has been appointed as the CEO of Silicon Valley Bridge Bank.

9) Which among the following banks has launched a Blossom Women’s Savings Account?
A) Ujjivan Small Finance Bank
B) Suryoday Small Finance Bank
C) Equitas Small Finance Bank
D) AU Small Finance Bank
E) None of these
Answer – B) Suryoday Small Finance Bank
Explanation:
Suryoday Small Finance Bank has launched a Blossom Women’s Savings Account with 7 percent per annum interest rate with monthly interest credit.

10) Bandhan Bank has opened a Mega Currency Chest in _________
A) Hyderabad
B) Kolkata
C) Pune
D) Bengaluru
E) None of these
Answer – B) Kolkata
Explanation:
Bandhan Bank has opened a Mega Currency Chest in Kolkata to help the bank in cash management for MSME customers.

11) Which among the following banks has made the Positive Pay System (PPS) compulsory for cheque payments worth Rs.5 lakh and above?
A) PNB
B) SBI
C) IOB
D) UBI
E) None of these
Answer – A) PNB
Explanation:
PNB has made the Positive Pay System (PPS) compulsory for cheque payments worth Rs.5 lakh and above.

12) SIDBI has sanctioned Rs 1000 crore loan to _______
A) Madhya Pradesh
B) Gujarat
C) Kerala
D) Karnataka
E) None of these
Answer – D) Karnataka
Explanation:
The Small Industries Development Bank of India (SIDBI) has sanctioned Rs. 1000 crore loan to Karnataka’s Shri Kshethra Dharmasthala Rural Development Project (SKDRDP) under its PRAYAAS scheme for direct credit to micro enterprises under partnership arrangements.

13) Which among the following banks has partnered with ITC to offer lending products and services to farmers?
A) ICICI Bank
B) Federal Bank
C) Axis Bank
D) Yes Bank
E) None of these
Answer – C) Axis Bank
Explanation:
Axis Bank has Partnered with ITC to offer lending products and services to farmers.

14) Which among the following banks has partnered with Aadhar Housing Finance Limited to offer home loans at competitive interest rates to customers from lower and middle-income groups?
A) ICICI Bank
B) Federal Bank
C) Axis Bank
D) Yes Bank
E) None of these
Answer – D) Yes Bank
Explanation:
Yes Bank has partnered with Aadhar Housing Finance Limited to offer home loans at competitive interest rates to customers from lower and middle – income groups.

15) Bhanu Vohra has been named as the head of commercial banking in India by _______
A) DBS Bank
B) Deutsche Bank
C) Citi Bank
D) Standard Chartered Bank
E) None of these
Answer – C) Citi Bank
Explanation:
Bhanu Vohra has been named as the head of commercial banking in India by CitiBank.

16) Cashfree Payments has bought ______ a one-click checkout firm for an undisclosed amount.
A) Shop Pay
B) Zecpe
C) Bolt
D) Meta Pay
E) None of these
Answer – B) Zecpe
Explanation:
Cashfree Payments has bought Zecpe, a one-click checkout firm for an unknown amount.

17) “Digital Payment Awareness Week (DPAN) 2023” was observed from ______
A) March 7 to 13
B) March 4 to 10
C) March 5 to 11
D) March 6 to 12
E) None of these
Answer – D) March 6 to 12
Explanation:
“Digital Payment Awareness Week” – March 6 to 12.
The Reserve Bank of India has launched a Digital Payments Awareness Week (DPAW) with a mission, “Har Payment Digital,” from March 6 to 12, 2023, to promote online transactions.

18) Who among the following persons has been chosen as the Business Standard Banker of the year 2022?
A) Shyam Srinivasan
B) Sashidhar Jagadishan
C) Girish Chandra Chaturvedi
D) Prakash Apte
E) None of these
Answer – B) Sashidhar Jagadishan
Explanation:
Sashidhar Jagadishan, HDFC Bank Managing Director (MD) and Chief Executive Officer (CEO) has been chosen as the Business Standard Banker of the year 2022.

19) Public Sector Banks (PSBs) have transferred unclaimed deposits of _______ as of February 2023 to the Reserve Bank of India (RBI).
A) Rs.25,012 Crore
B) Rs.28,012 Crore
C) Rs.35,012 Crore
B) Rs.45,012 Crore
E) None of these
Answer – C) Rs.35,012 Crore
Explanation:
Public Sector Banks (PSBs) have transferred unclaimed deposits of Rs.35,012 crore as of February 2023 to the Reserve Bank of India.

20) Which among the following banks has partnered with Visa to launch an app, “Digital Dukkan”?
A) HDFC Bank
B) ICICI Bank
C) RBL Bank
B) Axis Bank
E) None of these
Answer – B) Axis Bank
Explanation:
Axis Bank has partnered with Visa to launch an app, “Digital Dukkan”.

The above quiz on Banking Awareness has been created by our subject matter experts based on the latest trend of questions in Probationary Officer and Clerical recruitment exams. Apart from it, these questions are helpful for LIC, SEBI and NICL exams. In case of any doubts or queries, you can also write to us at vidyagurudelhi@gmail.com.