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BANKING NEWS MCQs

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Total Questions : 234 | Page 2 of 24 pages
Question 11. Reserve Bank of India, on June 7, 2017 announced policy rates. While the policy repo rate remained unchanged at 6.25% the RBI cut Banks statutory Liquidity Ratio by ¦¦.. basis Points.
  1.    10
  2.    35
  3.    30
  4.    50
 Discuss Question
Answer: Option D. -> 50




Question 12. Indian Space Research Organization (ISRO) on June 05, 2017 launched its monster Rocket GSLV MK III with 3136kg communication satellite GSAT_19 from Sriharikota in Andhra Pradesh. 'GSLV' stands for:
  1.    GEOSYNCHRONOUS SATELLITE LAUNCH VEHICLE
  2.    GEOSYNCHRONOUS SATELLITE LAUNCH VEHICLE
  3.    GEO SATELLITE LIGHT VEHICLE
  4.    GROUND SATELLITE LAUNCH VEHICLE
 Discuss Question
Answer: Option B. -> GEOSYNCHRONOUS SATELLITE LAUNCH VEHICLE




Question 13. The reduce the NPA burden, Andhra Bank has Proposed to sell off more than 100 bad loan accounts to ARCs. What will be the amount that will be realized by the bank through this sale?
  1.    Rs. 500 Crore
  2.    Rs. 1000 Crore
  3.    Rs. 2000 Crore
  4.    Rs. 4000 Crore
 Discuss Question
Answer: Option D. -> Rs. 4000 Crore




Question 14. Most of the public sector banks including SBI Plan to raise Rs¦¦¦¦¦.Crore through share sale during the current fiscal to meet BASEL III Norms, which will kick start from march 2019
  1.    54, 000 Crore
  2.    55, 000 Crore
  3.    58, 000 Crore
  4.    45, 000 Crore
 Discuss Question
Answer: Option C. -> 58, 000 Crore




Question 15. The Union Cabinet, on June 7, 2017 approved an IPO by the Indian Renewable Energy Development Agency (IREDA). It approved the issue of how many crore equality shares of Rs.10 each?
  1.    15.0 Crore
  2.    14. 0 Crore
  3.    13.9 Crore
  4.    12. 9 Crore
 Discuss Question
Answer: Option C. -> 13.9 Crore




Question 16. Who is the chairman of NITI Aayog?
  1.    Mr. Arun Jaitley
  2.    Mr. Chandra Babu Naidu
  3.    Mr. Narendra Modi
  4.    Mr. Rajnath Singh
 Discuss Question
Answer: Option C. -> Mr. Narendra Modi




Question 17. " Payzapp application launched by which of the private sector Bank?
  1.    IDBI Bank
  2.    HDFC Bank
  3.    Axis Bank
  4.    ICICI Bank
 Discuss Question
Answer: Option B. -> HDFC Bank




Question 18. Head Quarter of ABN AMRO Bank is in which Indian State?
  1.    Kerala
  2.    Tamil Nadu
  3.    Andhra Pradesh
  4.    Karnataka
 Discuss Question
Answer: Option C. -> Andhra Pradesh




Question 19. How much was the FDI inflows into India in 2016 as per the UNCTAD Report?
  1.    $ 39 Billion
  2.    $ 40 Billion
  3.    $ 44 Billion
  4.    $ 42 Billion
 Discuss Question
Answer: Option C. -> $ 44 Billion




Question 20. The Reserve Bank of India Deputy Governor B.P Kanungo announced that ¦¦¦¦.. of currency that was in the banking system prior to demonetization had returned to circulation ad remonetization
  1.    77%
  2.    78%
  3.    79%
  4.    80%
  5.    82.6%
 Discuss Question
Answer: Option E. -> 82.6%




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