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Banking Awareness Quiz for SBI PO

Dear Readers,
Welcome to the world of Banking and Financial Awareness. With SBI PO Prelims round the corner, it should be your priority to cover every aspect of Banking and Financial Awareness on daily basis.  Let us see how many questions you attempt accurately.

Banking-and-Financial-Awareness-for-SBI-PO

Q1. The World Bank has signed _______________ US dollar credit agreement with the Centre and Uttarakhand to improve the quality of health care services in all 13 districts of the state. 
(a) 50 million US dollar
(b) 1500 million US dollar
(c) 100 million US dollar
(d) 10 million US dollar
(e) 1200 million US dollar

Q2. The Centre has swapped the Chief Executive Officers (CEOs) of state-owned Indian Bank recently. Who has been appointed as Managing Director and CEO of Indian Bank?
(a) Kishore Piraji Kharat
(b) Mahesh Kumar Jain
(c) Pinarayi Vijayan
(d) R Prabha
(e) None of the above

Q3. Which among the following bank has signed an agreement with Avenues India Pvt Ltd, a payment solution provider to provide merchants with seamless access to point-of-sales (POS) and payment gateway products?
(a) Kotak Mahindra Bank
(b) Punjab National Bank
(c) State Bank of India
(d) ICICI Bank
(e) Bandhan Bank

Q4. Chief Minister of Kerala Pinarayi Vijayan has launched ESAF (Evangelical Social Action Forum) Small Finance Bank recently. Where is headquarter of ESAF Small Finance Bank?
(a) Kannur
(b) Thrissur
(c) Kollam
(d) Thiruvananthapuram
(e) Palakkad

Q5. The World Bank has agreed to provide a loan to develop internal transmission arrangements of the upcoming Rewa Ultra Mega Solar project in-
(a) Maharashtra
(b) Gujarat
(c) Rajasthan
(d) Madhya Pradesh
(e) Punjab

Q6. Which among the following bank has announced the launch of a mobile banking app ‘Mera iMobile’ for rural customers?
(a) South Indian Bank
(b) IDFC Bank
(c) HDFC Bank
(d) Kotak Mahindra Bank
(e) ICICI Bank

Q7. To promote cashless digital transactions, South Indian Bank (SIB) has introduced Aadhar-based payment in its UPI mobile application- ‘SIB M-Pay’. What is the meaning of “I” in UPI? 
(a) Industry
(b) International
(c) Indian
(d) Interface
(e) None of the above

Q8. RBI has proposed to fix the upper limit for Pre-paid Payment Instruments (PPIs) at Rs 1 lakh in view of growing usage of PPIs for a purchase of goods and services. PPIs stand for-
(a) Pre-paid Plastic Instruments 
(b) Product Payment Instruments 
(c) Pre-paid Payment Instruments  
(d) Pre-paid Postal Instruments 
(e) Pre-paid Payment International 

Q9. VTB Bank group has based in-
(a) Japan
(b) Russia
(c) USA
(d) Germany
(e) China

Q10. The state government of Assam has signed two MoUs with Mumbai-based _________________ to provide housing loan and education loan for its employees.
(a) SBI
(b) IDBI Bank
(c) Dena Bank
(d) Union Bank
(e) Bank of India

Q11. Which bank has launched the ‘MoneyPlant RuPay International Platinum Debit Card’ to provide more privileges to its premium and HNI (high net worth individual) customers?
(a) Karnataka Bank
(b) South Indian Bank
(c) Kotak Mahindra Bank
(d) ICICI Bank
(e) HDFC Bank

Q12. Repco Home Finance Ltd (RHFL) has signed an agreement with National Housing Bank (NHB) for implementation of credit-linked subsidy scheme for the middle-income group. Where is the headquarter of NHB?
(a) Bengaluru
(b) New Delhi
(c) Mumbai
(d) Chennai
(e) Kolkata

Q13. The total tally of PoS (point-of-sale) installations of Karnataka Bank Ltd has reached 10,000. The bank has been offering PoS services since 2011. Where is headquarter of Karnataka Bank?
(a) Kochin
(b) Mumbai
(c) Mengaluru
(d) New Delhi
(e) Meerut

Q14. Which Bank has announced a partnership with mobile app firm Truecaller for a new UPI-based mobile payment service?
(a) Bandhan Bank
(b) Punjab National Bank
(c) Kotak Mahindra Bank
(d) ICICI Bank
(e) State Bank of India

Q15. Vijaya Bank has entered into an MoU with Piaggio Vehicles for providing financial support for the purchase of vehicles under Small Road Transport Operators (SRTO) scheme in Bengaluru, Karnataka. What is the tagline of Vijaya Bank?
(a) Relationships beyond Banking
(b) Much more to do with You in focus
(c) A tradition of trust
(d) Where service is a way of life
(e) A Friend You can Bank Upon

All the best for your future aspirations.Stay committed!!!


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