Banking Quiz for Canara Bank PO Exam 2018: 1st March 2018

Dear Aspirants,

With the increased competition in the field of banking examinations, it has now become very important to cover up all the sections efficiently. One subject that can help you bagging graceful marks in the minimum time in these examinations is Banking Awareness. Banking Awareness Quiz not only helps you deal with the General Awareness Section of Banking Exams but also, the Personal Interview round of Banking Recruitment.

Q1. Which of the following Private sector Bank has launched the fourth edition of ‘Evolve’ in Coimbatore, Tamil Nadu recently?

(a) Kotak Mahindra Bank

(b) ICICI Bank

(c) HDFC Bank

(d) Axis Bank

(e) South Indian Bank

Q2. Indian Overseas Bank (IOB) has received ____________ crore capital infusion from the government in the current fiscal.

(a) Rs 1177.07 crore

(b) Rs 173.06 crore

(c) Rs 1548.03 crore

(d) Rs 453.05 crore

(e) Rs 1000.09 crore

Q3. The Reserve Bank of India will link the base rate with the MCLR from 1st of April 2018 to ensure expeditious transmission of its policy rate to borrowers. What is the meaning of “R” in MCLR?

(a) Ratio

(b) Reimburse

(c) Risk

(d) Reserve

(e) Rates

Q4. The Reserve Bank of India announced setting up ombudsman for addressing customer grievances in the non-banking finance companies. The Banking Ombudsman Scheme is introduced under Section 35 A of the Banking Regulation Act, 1949 by RBI with effect from-

(a) 1991

(b) 1993

(c) 1995

(d) 1997

(e) 1999

Q5. Which Bank has launched its new Sonic Identity, which is essentially a musical logo called ‘MOGO’, as part of its branding initiatives?

(a) IndusInd Bank

(b) Lakshmi Vilas Bank

(c) RBL Bank

(d) Karnataka Bank

(e) Karur Vysya Bank

Q6. The Government has announced which Project on the lines of Operation Flood to realise agriculture potential of the country?

(a) Operation Agriculture

(b) Operation Earth

(c) Operation Water

(d) Operation Green

(e) Operation Farmer

Q7. The government in budget session has promised an Agrimarket infrastructure fund with a corpus of what amount?

(a) Rs 2,000 crore

(b) Rs 5,000 crore 

(c) Rs 16,000 crore 

(d) Rs 20,000 crore 

(e) Rs 32,000 crore 

Q8. FM has announced setting up a FAIDF for fisheries sector and an AHIDF for financing infrastructure requirement of animal husbandry sector with a total corpus of ______________ for the two new funds.

(a) Rs 30,000 crore 

(b) Rs 20,000 crore 

(c) Rs 10,000 crore

(d) Rs 40,000 crore 

(e) Rs 60,000 crore 

Q9. As announced in the budget session, what is the worth of the Indian Economy?

(a) 3.5 trillion 

(b) 4.5 trillion  

(c) 5.5 trillion 

(d) 1.5 trillion 

(e) 2.5 trillion#

Q10. NAM is envisaged as a pan-India electronic trading portal which seeks to network the existing APMC and other market yards to create a unified national market for agricultural commodities. NAM stands for-

(a) National Agriculture Management

(b) National Agriculture Market

(c) National Agriculture Money

(d) National Agency Market

(e) Non Agriculture Market

Q11. By how much Industries Growth has been seen at (in Economic Survey 2017-18)- 

(a) 4.4 per cent

(b) 4.1 per cent

(c) 4.6 per cent

(d) 4.9 per cent

(e) 4.3 per cent

Q12. What is the meaning of GVA?

(a) Gross Van Added

(b) Gross Value Added

(c) General Value Added

(d) Gross Value Agency

(e) Gross Value Adjust

Q13.  It was pointed out that the ROSL has increased exports of readymade garments (man-made fibers) by about 16 per cent but not of others. What is the meaning of “L” in ROSL?

(a) Least

(b) Level

(c) Levies

(d) Labour

(e) Lease

Q14. According to Economic Survey 2017-18, which states has the greatest number of GST registrants?

(a) Maharashtra, Madhya Pradesh, Tamil Nadu and Gujarat

(b) Telangana, Uttar Pradesh, Tamil Nadu and Gujarat

(c) Maharashtra, Uttar Pradesh, West Bengal and Gujarat

(d) Maharashtra, Uttar Pradesh, Tamil Nadu and Gujarat

(e) Maharashtra, Uttar Pradesh, Tamil Nadu and Haryana

Q15.  India‘s internal trade in goods and services (excludes non-GST goods and services) is actually even higher and is about ____________ of GDP.

(a) 20%

(b) 30%

(c) 40%

(d) 50%

(e) 60%

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