Dear Aspirants,
The General Awareness Section of Banking Exams covers numerous sections in it like Banking Awareness, Static GK, and Current Affairs. Most of the questions in GA appear from Current Affairs section. So it becomes important for you all to cover this particular section with sincerity and seriousness. The questions on Static and Banking Awareness are related to the countries, events or anything that has been in news for a while. Knowledge of current news also helps you deal with the PI (Personal Interview) more efficiently so you do not give a mumble jumble answer to the interviewee’s simple questions. Here is a quiz on Current Affairs to let you assess your Current Affairs Knowledge.
ATTEMPT IN HINDI
Q1. The Reserve Bank of India (RBI) in consultation with the government of India has set the limits for Ways and Means Advances (WMA) for the first half of the financial year 2019-20 at_____________.
Rs 40000 crore
Rs 28000 crore
Rs 68000 crore
Rs 75000 crore
Rs 80000 crore
Solution:
The Reserve Bank of India (RBI) in consultation with the government of India has set the limits for Ways and Means Advances (WMA) for the first half of the financial year 2019-20 (April 2019 to September 2019) at Rs 75000 crore.
Q2. Which of the following organisation launched an India-focused fact-checking feature to combat fake news and rumours starting with the run-up to the Lok Sabha elections?
Snap Chat
Instagram
Tik Tok
WhatsApp
Google
Solution:
WhatsApp launched an India-focused fact-checking feature to combat fake news and rumours starting with the run-up to the Lok Sabha elections.
Q3. Who among the following has taken charge as Managing Director of Life Insurance Corporation of India?
Anand Mahindra
Aditya Puri
Kumar Mangalam Birla
Uday Kotak
Vipin Anand
Solution:
Vipin Anand has taken charge as Managing Director of Life Insurance Corporation of India. Prior to this, he was in charge of LIC’s Western Zone, headquartered at Mumbai.
Q4. The 7th Foreign Office consultations between India and Italy were held in ___________.
Rome
New Delhi
Venice
Milan
Mumbai
Solution:
The 7th Foreign Office consultations between India and Italy were held in New Delhi.
Q5. In a bid to further improve the cash position of banks, RBI has tweaked LCR norms. LCR indicates the proportion of highly liquid assets held by banks to ensure their ability to meet short-term obligations. What does C stands for in LCR?
Cooperative
Credit
Coverage
Concurrent
Currency
Solution:
In a bid to further improve the cash position of banks, RBI has tweaked Liquidity Coverage Ratio (LCR) norms to provide an additional 2% window to lenders. As per RBI Governor Shaktikanta Das, this move will harmonise the liquidity requirements of banks and release additional money for lending.
Q6. Who among the following has been appointed as Managing Director of Infrastructure Leasing & Financial Services (IL&FS)?
CS Rajan
Vineet Nayyar
N Srinivasan
Malini Shankar
Nand Kishore
Solution:
CS Rajan has been appointed Managing Director while Vineet Nayyar named as Executive Vice-Chairman of Infrastructure Leasing & Financial Services (IL&FS).
Q7. The Bureau of Indian Standards (BIS) has inked an MoU with the Indian Institute of Technology_________ to collaborate in the field of standardisation and conformity assessment.
Delhi
Kanpur
Bombay
Guwahati
Roorkee
Solution:
The Bureau of Indian Standards (BIS) has inked an MoU with the Indian Institute of Technology, Delhi (IIT-D) to collaborate in the field of standardisation and conformity assessment.
Q8. Karnataka Bank has entered into an MoU with Bharti AXA Life Insurance Company to distribute the latter’s life insurance products. Who is the MD & CEO of Karnataka Bank?
MN Rangarajan
Frederick Pinto
Mahabaleshwara MS
Naina Lal Kidwai
D. R. Mehta
Solution:
Mahabaleshwara MS is the Managing Director and Chief Executive Officer of Karnataka Bank.
Q9. ______and ______ are the first Indian exchanges to enter into the MoU with Moscow exchange.
Mangalore Stock Exchange, NSE
NSE, India INX
NSE, India INX
Madras Stock Exchange, BSE
BSE, India INX
Ahmedabad Stock Exchange, NSE
Solution:
BSE (earlier known as Bombay Stock Exchange) and India International Exchange (India INX) have signed a memorandum of understanding with Moscow Exchange (MOEX) to connect investor community and companies in both countries besides allowing a capital formation platform.
Q10. LCR indicates the proportion of highly liquid assets held by banks to ensure their ability to meet short-term obligations. To improve the cash position of banks, RBI has tweaked LCR norms to provide an additional _______ window to lenders.
2%
5%
8%
11%
15%
Solution:
In a bid to further improve the cash position of banks, RBI has tweaked Liquidity Coverage Ratio (LCR) norms to provide an additional 2% window to lenders. As per RBI Governor Shaktikanta Das, this move will harmonise the liquidity requirements of banks and release additional money for lending.
ATTEMPT IN HINDI
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