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With Banking Quiz, attempt MCQ type questions on financial & banking awareness. Helpful for various government entrance exams i.e SSC (CGLE, MTS), banking exams i.e SBI PO & other related exams.
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Question 1 of 10
Which bank has launched an instant digital Loan Against Securities (LAS) facility?Correct
The HDFC bank has launched an instant digital Loan Against Securities (LAS) facility in collaboration with the National Securities Depository (NSDL), which allows customers to avail loans in less than 3 minutes.
Question 2 of 10
Who has been appointed the new Deputy Governor in Reserve Bank of India (RBI)?Correct
B.P. Kanungo has been appointed the new Deputy Governor in the Reserve Bank of India (RBI) for a period of 3 years and will succeed R. Gandhi.
Question 3 of 10
How much loan amount has been approved by the World Bank (WB) for the National Hydrology Project of India?Correct
The World Bank (WB) has recently approved the $175 million loan for the national hydrology project to improve India’s ability to forecast floods and reduce vulnerability to recurring floods and droughts.
Question 4 of 10
How much loan amount has been sanctioned by the World Bank (WB) for Gram Panchayats (GPs) development in West Bengal?Correct
The World Bank (WB) has recently sanctioned a $210 million loan for the West Bengal to strengthen the state’s Gram Panchayats (GPs), the lowest tier of rural local governments. The loan will be used to strengthen local communities’ participation in the planning, budgeting and financial eanagement of projects undertaken in rural areas.
Question 5 of 10
State government securities are also known as ….Correct
State government securities are also known as State Development Loans (SDLs).
Question 6 of 10
Unit Trust of India was founded in the year……Correct
UTI was established in the year 1964.
Question 7 of 10
…….. is a monetary policy which allows the banks to borrow money through repurchase agreements.Correct
Liquidity adjustment facility (LAF) is a monetary policy to which allows banks borrow money through repurchase agreements.
Question 8 of 10
Which public sector bank has launched “Work from Home” facility for employees?Correct
The State Bank of India (SBI) has recently launched a new “Work from Home” facility to enable its employees to work while at home using mobile devices to address any urgent requirement they may have, that prevents their travelling to work.
Question 9 of 10
Which bank has launched India’s first Artificial Intelligence (AI)-based banking chatbot “Electronic Virtual Assistant (EVA) for customer service?Correct
HDFC Bank has recently launched India’s first Artificial Intelligence (AI)-based banking chatbot “Electronic Virtual Assistant (EVA)” for customer service.
Question 10 of 10
The economic survey 2016-2017 tabled in parliament has advocated for the concept ofCorrect
The Union finance minister Arun Jaitley. tabled the economic survey 2016-2017. The survey advocates the concept of Universal basic income