2017-Quiz-5: Current Banking Awareness for Banking Examinations

1. Who is the current chairman of Bank Board Bureau?
[A] Vinod Rai
[B] N. Gopalaswami
[C] Wajahat Habibullah
[D] Rajendra K. Pachauri

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2. What is the lock in period for ELSS Investments currently?
[A] 2 years
[B] 3 years
[C] 4 years
[D] 5 years

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3. Which of the following has become the first bank to launch the biometric-based payment system Aadhaar Pay through its network?
[A] HDFC Bank
[B] IDFC Bank
[C] ICICI Bank
[D] State Bank of India

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4. The stocks of which of the following banks are not considered for calculation of “Bank NIFTY”?
[A] Kotak Mahindra Bank
[B] Punjab National Bank
[C] Yes Bank
[D] Bank of India

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5. Recently, the Cabinet has approved merge of 5 associate banks of SBI with the parent bank SBI. What will be the approximate market share of the banking giant produced via this merger?
[A] 10%
[B] 15%
[C] 20%
[D] 25%

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6. What is the number of members in the Monetary Policy Committee (MPC)?
[A] 4
[B] 5
[C] 6
[D] 7

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7. Which of the following rates is used by banks in India as a reference to price the rupee loans and advances?
[A] Bank Rate
[B] Base Rate
[C] MCLR Rate
[D] Repo Rate

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8. Which of the following recently launched Small Finance Bank in India has its tagline “A Bank of Smiles”?
[A] Ujjivan Small Finance Bank
[B] Suryoday Small Finance Bank
[C] Janalakshmi Small Finance Bank
[D] Utkarsh Small Finance Bank

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9. Which of the following banks has recently started Mission FINFIT?
[A] Andhra Bank
[B] Punjab National Bank
[C] Lakshmi Vilas Bank
[D] Kotak Mahindra Bank

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10. Which of the following banks have recently launched it work from home facility for its employees?
[A] ICICI Bank
[B] State Bank of India
[C] Bank of Baroda
[D] Punjab National Bank

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