Banking Questions for IDBI Bank [TEST-7]

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Banking awareness questions

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Question 1 [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
The origin of the State Bank of India goes back to the first decade of the nineteenth century with the establishment of the Bank of Calcutta in Calcutta on-
A
05th October 1956
B
05th July 1859
C
07th August 1884
D
02nd June 1806
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Question 2 [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
At what% of GDP at current market prices, the Reserve Bank of India, in consultation with the government, has decided to have a rule-based dynamic limit for outstanding stock of External Commercial Borrowings (ECB)?
A
7.50%
B
6.5%
C
3.30%
D
4.50%
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Question 3 [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
As per the news published in major newspapers, the Reserve Bank of India (RBI) raised Statutory Liquidity Ratio (SLR) by 100 basis points to 25% . What was/were the reason(s) owing to which RBI raised the SLR?
  1. It will help in reducing liquidity in the market.
  2. Inflation will come down substantially.
  3. It will facilitate companies to launch their IPOs as the financial climate will become conducive for the same.
A
Only 1
B
Only 2
C
Only 1 & (2)
D
Only 2 & (3)
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Question 4 [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
The World Bank is an international financial institution that provides loans to countries of the world for capital projects. Where is the Headquartered of World Bank?
A
New York, USA
B
Geneva, Switzerland
C
Paris, France
D
Washington DC, USA
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Question 5 [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
NSDL is the first and largest depository in India, established in-
A
August 2003
B
August 1991
C
August 1989
D
August 1996
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Question 6 [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
The World Bank has approved how much amount to expand the use of clean renewable energy in rural areas of Bangladesh where grid electricity cannot reach easily?
A
\$ 50mn
B
\$ 215mn
C
\$ 100mn
D
$ 55mn
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Question 7 [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Factors responsible for the widespread popularity of consumer finance in recent years: Providing access to purchasing power to the middle class consumer has been the most significant achievement of this product class. A complainant not satisfied with the decision of the Banking Ombudsman, has the right to appeal to the .
A
Governor SBP
B
AVP of the concerned bank
C
High Court
D
Supreme Court
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Question 8 [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which one of the following countries has launched the "Operation Barkhane" a counter terrorism operation in against Islamist militant in Northern Africa?
A
USA
B
Russia
C
France
D
Germany
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Question 9 [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Under which Act are the KYC norms implemented-
A
SEBI Act, 1992
B
Foreign Contribution and Regulation Act, 1976
C
Prevention of Money laundering Act, 2002
D
Banking Regulation Act, 1949
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Question 10 [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
The Finance Ministry and..... signed a grant agreement of \$ 24.64 million from the Global Environment Facility (GEF) of the World Bank for ecosystem service improvement project.
A
World Bank (WB)
B
International Monetary Fund (IMF)
C
Asian Infrastructure Investment Bank (AIIB)
D
New Development Bank (NDB)
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