Q11. Fiscal deficit target for 2017-18 pegged at __________ of GDP?
Answer- 3.2%
Q12. The government has decided to make tax evasion of over ____________ under the proposed Goods and Services Tax (GST) the regime as a non-bailable offence.
Answer- Rs 5 crore
Q13. What is the meaning of “S” in MSF?
Answer- Marginal Standing Facility
Q14. What is the meaning of “P” in APBS?
Answer- Aadhaar Payment Bridge System
Q15. The target of digital transactions through UPI, USSD, Aadhar, IMPS for 2017-18?
Answer- 2,500 crore digital transactions
Q16. Cheque written by drawer and dated at some point in past is called?
Answer- Ante-dated cheque
Q17. As per RBI norms on small banks, initial promoter stake for first 5 years should not be less than?
Answer- 40 per cent
Q18. One questions were, Which of the following not correct about UPI?
Q19. The base year for calculating key economic growth from 2004-05 changed to?
Answer: 2011-12
Q20. One Question was, increase in repo rate signifies?
Answer: Commercial banks will get more incentives to park their funds with the RBI, thereby decreasing the supply of money
Q21. Finland has become the first country in Europe to pay its unemployed citizens a basic monthly income, amounting to-
Answer- 560 euros ($587)
Q22. Total number of ATMs of SBI after the merger?
Answer- 59,000 ATMs
Q23. The government of India (GOI) has approved 681 crores as seed capital for building a venture for electronic devices with total corpus?
Answer- Rs 6,831 crore
Q24. How much amount has allocated by the government to MGNREGA in this year’s (2017-18) Budget?
Answer- Rs 48,000 crore
Q25. Risk of collapse of entire financial system on entire market is called-
Answer- Systemic risk
Q26. Payments bank not permitted to?
Answer- cannot offer loans
Q27. The NBFCs are allowed to accept/renew public deposits for a minimum period of 12 months and the maximum period of _____ months.
Answer- 60 months
Q28. Government of India has changed CII base year from 1981 to-
Answer- 2001
Q29. Metric which defines operating liquidity available to business is known as?
Answer- Working capital
Q30. An estimated USD _________ in black money entered India during 2005-2014, US-based think tank Global Financial Integrity (GFI).
Answer- 770 billion
Q31. Name the person, who will head a task force to assess the extent of employment creation at different points of time, based on “credible data.
Answer- Arvind Panagriya
Q32. Institute for Development & Research in Banking Technology (IDRBT) is located in?
Answer- Hyderabad
Q33. Class of derivative whose value is at least partly derived from one or more underlying stock exchange securities? (Trade, Commodity, Credit, Interest Rate, Equity)
Answer- Equity Derivative
Q34. The framework of Joint Lenders’ Forum (JLF) by RBI is to strengthen the system for revitalising the…………….?
Answer- stressed assets in the economy
Q35. Amendment to Section _______ of Negotiable Instruments Acts to include the electronic image of a truncated cheque and a cheque in electronic form.
Answer- 6
Q36. The target for agricultural credit in 2017-18 has been fixed at a record level of-
Answer- Rs 10 lakh crore
Q37. 2017 Index of Economic Freedom is topped by which country?
Answer- Hong Kong
Q38. As per RBI, ARCs must have the minimum net corpus of _________ crore by 2019.
Answer- Rs 100 crore
Q39. The UN Day of Vesak Celebration is internationally a cultural and humanistic festival. 14th UN Vesak Day celebrated in which country?
Answer- Sri Lanka
Q40. Using SBI Mingle, the bank’s customers can do a host of banking services on their ____________ accounts at their own convenience.
Answer- Facebook or Twitter
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