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Banking Quiz for NABARD Grade-A Exam 2018

Q1. Which Act was framed specially to deal with Non-Performing Assets(NPA)?
(a) Banking Regulation Act 1949
(b) Foreign Exchange Management Act(FEMA) 1999
(c) Industrial Disputes Act 1947
(d) SARFAESI Act, 2002
(e) None of the given options is true

Q2. In Notice Money Market,the tenor of the transactions is from ________
(a) 2-7 days
(b) 2-14 days
(c) 2-21 days
(d) 2-28 days
(e) 2-90 days

Q3. An Asset Reconstruction Company (ARC) in India is associated with-
(a) UCPDC
(b) DICGC
(c) NPA
(d) Home Loan
(e) None of the given options is true

Q4. Which of the following is mainly used by the banks in order to meet their temporary requirement of Cash on a daily basis?
(a) Commercial Paper
(b) Certificate of Deposit
(c) Collateralized Borrowing and Lending Obligations (CBLO)
(d) Call Money
(e) None of the given options is true

Q5. ___________ is a voluntary market body for the bond, money and derivatives markets.
(a) RBI
(b) SEBI
(c) IRDAI
(d) FIMMDA
(e) UIDAI

Q6. The Department of Posts, trading as India Post, is a government-operated postal system in India. The Department of Posts comes under- 
(a) Ministry of Commerce and Industry
(b) Ministry of Finance Department of Revenue
(c) Ministry of Finance & the Public Service
(d) Ministry of Communications and Information Technology
(e) Ministry of Home Affairs

Q7. The Postal Service Board is ________ of the Department of Posts.
(a) apex management body
(b) regulatory management body 
(c) financial management body  
(d) statutory authority
(e) None of the given options is true

Q8. How many members are comprises in the Postal Service Board? 
(a) four
(b) three
(c) five 
(d) two
(e) six

Q9. For providing postal services, the whole country has been divided into _______ postal circles.
(a) 21
(b) 25
(c) 23
(d) 27
(e) 29

Q10. Who is present Secretary, Department of Posts & Chairperson of Postal Services Board?
(a) Meera Handa 
(b) Ananta Narayan Nanda
(c) Usha Chandra Sekhar
(d) Achla Bhatnagar
(e) Udai Krishna

Q11. IFS is software developed by UPU to coordinate international remittance services among the partner countries. At present the service is operational with La Poste Group, France and UAE. IFS stands for-
(a) International Financial Scheme
(b) Indian Financial System 
(c) International Fund System 
(d) International Financial System
(e) International Financial Service

Q12. IFS Money Order service is India Post’s own service. What is the feature of IFS Money Order?
(a) Remittances can be received at any of the 17,500 post offices on eMO network.
(b) The Payee receives the full amount in Indian Rupees.
(c) Maximum of 30 transactions per person per year.
(d) Remittances up to INR 50,000 can be received in cash.
(e) All of the above are features of IFS Money Order services

Q13. Department of Post's (DOP) MMT is a service that enables instant money transfer from one place to another place using mobile, through Indian post offices. What is the meaning of "T" in MMT? 
(a) Trust
(b) Transfer
(c) Timely
(d) Transaction
(e) Truncated

Q14. ______________ is a quick and easy way of transferring personal remittances from abroad to beneficiaries in India by India Post. 
(a) EMO network
(b) International Financial System
(c) Money Transfer Service Scheme
(d) National Electronic Funds Transfer
(e) Society for Worldwide Interbank Financial Telecommunication

Q15. As a result of the collaboration of the Department of Posts, Government of India with the Western Union Financial Services, a state of the art International Money transfer Service is now available through the Post Offices in India, which enables instantaneous remittance of money from around ____________ countries and territories to India. 
(a) 195 countries
(b) 415 countries
(c) 115 countries
(d) 135 countries
(e) 295 countries













SOLUTIONS

1.D
2.B
3.C
4.D
5.D
6.D
7.A
8.E
9.C
10.B
11.D
12.E
13.B
14.C
15.A

5 Banking and SSC : March 2018 Q1. Which Act was framed specially to deal with Non-Performing Assets(NPA)? (a) Banking Regulation Act 1949 (b) Foreign Exchange Manag...

Current Affairs Questions for NABARD Grade-A Exam 2018

Q1. Name the Indian/Indians who had featured in the recently released Forbes 30 Under 30 Asia 2018 list.
(a) Anushka Sharma
(b) Saina Nehwal
(c) P V Sindhu
(d) Both a and c
(e) Both a and b

Q2. The eleventh session of the China-India joint-group on Economic Relations, Trade, Science & Technology was held in New Delhi. The session was co-chaired by _________________.
(a) Manohar Parrikar and Tsun Sang
(b) Sushma Swaraj and Stin Lin
(c) Suresh Prabhu and Zhong Shan
(d) Rajnath Singh and Zjou Than
(e) None of the given options is true

Q3. Ministry of Communications has recently launched the Cool EMS Service between India and _____________.
(a) Indonesia
(b) Japan
(c) China
(d) Bangladesh
(e) Sri Lanka

Q4. Ministry of Power partnered with the Ministry of Skill Development & Entrepreneurship to train the manpower in six states for the speedy implementation of its ____________________.
(a) SAUBHAGYA scheme
(b) Deen Dayal Upadhyaya Grameen Kaushalya Yojana
(c) Pradhan Mantri Gramin Awaas Yojana
(d) Sukanya Samridhi Yojana 
(e) Pradhan Mantri Kaushal Vikas Yojana

Q5. The Union Minister for Tribal Affairs, Jual Oram has launched the e-commerce portal of TRIFED, and M-commerce, android app. The app has been named as ______________.
(a) Indian Tribal People
(b) Tribal India
(c) None of the given options is true
(d) Indian ST
(e) Tribes India

Q6. Manu Bhaker has partnered with which of the following shooter to secured gold medal in the mixed 10-meter air pistol event in the ISSF Junior World Cup.
(a) Prakash Kumar Taneja
(b) Deepak Prabhakar
(c) Saurabh
(d) Rahi Sarnobat
(e) Anmol

Q7. The Export-Import Bank, Exim Bank has announced that it will provide a USD 500 million credit facility to ECOWAS to fund various development projects in western-south Africa. ECOWAS stands for ___________.
(a) Economic Council of West African States
(b) Ecological Co-operation of West African States
(c) Economic Community of West African States
(d) Economic Corporation of West African States
(e) None of the given options is true

Q8. Name the NITI Aayog’s mission/scheme that has announced the signing of a Statement of Intent (SOI) with SAP to promote a culture of innovation and entrepreneurship.
(a) National Employment Policy
(b) Atal Innovation Mission
(c) Atul Innovative Marketing 
(d) None of the given options is true
(e) National Innovation Scheme

Q9. In which of the following state India's first Rs 5 crore insect museum with the state-of-the-art amenities was unveiled recently?
(a) Karnataka
(b) Odisha
(c) Tamil Nadu
(d) Kerala
(e) Maharashtra

Q10. Name the person who was recently appointed the principal scientific adviser to the government of India. 
(a) Rajagopala Chidambaram
(b) T R Sathasivam
(c) G Rajagopalchari
(d) Krishnaswamy Vijay Raghavan
(e) None of the given options is true

Q11. SARAS Aajeevika Mela 2018 has been organized recently in _____________ under Deendayal Antyodaya Yojana – National Rural Livelihoods Mission (DAY-NRLM).
(a) New Delhi
(b) Kolkata
(c) Panipat
(d) Faridabad
(e) Pune

Q12. GIFT City has signed an MoU with Deloitte Touche Tohmatsu India LLP (DTTILLP) for mutual cooperation in areas related to international financial services. Who is the MD and Group CEO of GIFT city?
(a) T Hariharan
(b) Saurabh Taneja
(c) Ajay Pandey
(d) Ashish Kumar
(e) Sudhanshu Tiwari

Q13. Name the US-based GIF platform that has been recently acquired by the tec Giant Google.. Tenor's GIF-searching functionality will be integrated into Google Images and Gboard, the company's virtual keyboard. 
(a) Meme Centre
(b) Tenor
(c) Imgur
(d) Giphy
(e) Imgflip

Q14. The Asian Development Bank (ADB) and the Government of India signed $80 million loan agreement to help modernize technical and vocational education and training (TVET) institutions and improve the skills ecosystem in the State of ______________.
(a) Uttarakhand
(b) Karnataka
(c) Rajasthan
(d) Himachal Pradesh
(e) Assam

Q15. Name the person who was appointed as the Chief Executive Officer (CEO) of the Union Government’s ambitious Ayushman Bharat National Health Protection Mission (ABNHPM).
(a) Indu Bhushan
(b) Vibhu Sachdeva
(c) T Nyayamurthy
(d) B R Madhavan
(e) Vasudeva Ramakrishnan












SOLUTIONS

1.D
2.C
3.B
4.A
5.E
6.E
7.C
8.B
9.C
10.D
11.A
12.C
13.B
14.D
15.A

5 Banking and SSC : March 2018 Q1. Name the Indian/Indians who had featured in the recently released Forbes 30 Under 30 Asia 2018 list. (a) Anushka Sharma (b) Saina ...

General Awareness Questions for SBI Clerk 2018

Q1. The Cobra Gold training exercise is one of the largest Military drills in the Indo-Pacific region. It was held recently in ___________.
(a) Thailand
(b) Indonesia
(c) Japan
(d) Malaysia
(e) South Korea

Q2. According to the Minister of State (IC) for Planning Shri Rao Inderjit Singh, allocations for the Ministry of Planning, which is embodied by the NITI Aayog, have increased to __________ in 2018-19 from Rs 279.79 crore in 2017-18.
(a) Rs 435.34 crore
(b) Rs 339.65 crore
(c) Rs 534.45 crore
(d) Rs 234.43 crore
(e) Rs 643.56 crore

Q3. The Gandhi Nagar railway station has recently become the railway station to be fully-managed by women. This railway station is situated in which of the following city?
(a) Ahmedabad
(b) Mumbai
(c) Jaipur
(d) Chennai
(e) Chandigarh

Q4. In the two-day ‘UP Investors Summit’ in Lucknow, PM Modi announced the fund of ____________ for defence corridor of Bundelkhand.
(a) Rs30,000 crore
(b) Rs34,000 crore
(c) Rs48,000 crore
(d) Rs35,000 crore
(e) Rs20,000 crore

Q5. MTSS stands for-
(a) Money Transfer Service Send
(b) Money Transfer Service Scheme
(c) Money Transfer Service Solutions
(d) Money Transfer System Scheme
(e) Money Transaction Service Scheme

Q6. What is the full form of AEPS?
(a) AADHAR Enabled Payment Service
(b) AADHAR Enabled Payment Scheme
(c) AADHAR Enabled Payment System
(d) AADHAR Enabled Payment Solution
(e) AADHAR Enabled Product System

Q7. Nepal Remittance Scheme is a cross-border one-way remittance facility scheme for remittance from India to Nepal, enabled under the NEFT Scheme. A remitter can transfer funds up to Indian Rupees ______ (maximum permissible amount) from any of the NEFT-enabled branches in India.
(a) Rs 2,00,000
(b) Rs 1,00,000
(c) Rs 1,50,000
(d) Rs 50,000
(e) Rs 2,50,000

Q8. The Union Government has issued orders setting up the ‘NITI Forum for North-East’. The forum will be co-chaired by _______________.
(a) Vice-Chairman of NITI Aayog Mr. Rajiv Kumar
(b) CEO of NITI Aayog Amitabh Kant
(c) Minister of Development of Northeastern Region Dr. Jitendra Singh
(d) Both (a) and (c)
(e) Both (b) and (c)

Q9. Retirement fund body Employees’ Provident Fund Organization (EPFO) has reduced the interest rate on deposits to ___________ for 2017-18.
(a) 9.75%
(b) 7.65%
(c) 8.55%
(d) 8.68%
(e) 9.35%

Q10. India successfully conducted a night trial of its indigenously developed nuclear capable Prithvi-II missile. It has a strike range of _____________.
(a) 350 km
(b) 500 km
(c) 750 km
(d) 1000 km
(e) 1250 km

Q11. A three–day India International Textiles Expo (IITExpo) of India was held in ____________. 
(a) Islamabad
(b) Kathmandu
(c) Colombo
(d) Dhaka
(e) New Delhi

Q12. A Scheduled Bank is one which is included in the-  
(a) II Schedule of Banking Regulation Act 
(b) II Schedule of Constitution 
(c) II Schedule of Reserve Bank of India Act 
(d) II Schedule of SBI act
(e) None of the given options is true

Q13. The Headquarters of International Atomic Energy Agency is-
(a) Geneva 
(b) Paris 
(c) Brussels
(d) Washington
(e) Vienna

Q14. The symbol of Reserve Bank of India is  
(a) The capital of Asokan Pillar 
(b) Kuber with a purse of money 
(c) Tiger before a Palm tree
(d) A dog sitting in a defensive state 
(e) None of the given options is true

Q15. ‘Capital First’ has announced that the regulator National Housing Bank (NHB) has approved the merger of the company with ______________.
(a) IDBI bank
(b) Karnataka Bank
(c) Kotak Mahendra Bank
(d) IDFC Bank
(e) Karur Vyasya Bank










SOLUTIONS

1.A
2.B
3.C
4.E
5.B
6.C
7.D
8.D
9.C
10.A
11.C
12.C
13.E
14.C
15.D

5 Banking and SSC : March 2018 Q1. The Cobra Gold training exercise is one of the largest Military drills in the Indo-Pacific region. It was held recently in ___________...

Current Affairs Questions for NABARD Grade-A Exam 2018

Q1. The India U-16 team emerged champions in the Jockey Cup International Youth Invitational Football Tournament. It has defeated the U-17 team of ___________.
(a) China
(b) Japan
(c) Hong Kong
(d) Myanmar
(e) Bangladesh

Q2. Name the cueist who has recently won Asian Billiards Championships title 2018 in Yangon, Myanmar. 
(a) B Bhaskar
(b) Geet Sethi
(c) Anuja Thakur
(d) Pankaj Advani
(e) Chitra Magimairaj

Q3. The Government of India has decided to nominate _____________ as India’s representative to the Executive Board (EXB) of UNESCO.
(a) Dr. R S Kamath
(b) Prof. J S Rajput
(c) Dr. Prasoon Pandey
(d) Prof. Kamal Narowala
(e) Prof. S N Tiwari

Q4. The Cabinet Committee on Economic Affairs has approved Integrated Scheme for Development of Silk Industry for the next three years from 2017-18 to 2019-20. The fund allocated for this is ______________.
(a) 1,000 crore rupee
(b) 1,500 crore rupee
(c) 2,000 crore rupee
(d) 2,500 crore rupee
(e) 3,500 crore rupee

Q5. President Ram Nath Kovind visited Varanasi on a one-day visit to Uttar Pradesh. During his visit, he laid the foundation stone of how many projects of the National Highway Authority of India?
(a) One
(b) Two
(c) Three
(d) Four
(e) Five

Q6. SACF, a London based organization has received the Frederick Pincott Award for 2017 from the Indian High Commissioner, Y K Sinha for promoting Hindi cinema in Britain for the last 18 years. SACF Stands for _______________.
(a) South Asian Cinematography Foundation
(b) Southern Atlantic Cinema Foundation
(c) South Atlantic Cinematography Foundation
(d) South Asian Cinema Foundation
(e) Southern Atlantic Cine-Music Foundation

Q7. The government of India has come out with the total number of beggars in the country. Name the state that has the maximum number of Beggars as per the data, based on 2011 census released by Union ministry of Social Justice.
(a) Uttar Pradesh
(b) Bihar
(c) West Bengal
(d) Jharkhand
(e) Chhattisgarh

Q8. The world’s biggest cruise-liner named ________________ has recently left the shipyard of Saint-Nazaire in France to embark on its maiden voyage in the Mediterranean.
(a) The Giant of the Sea
(b) Symphony of the Seas
(c) The Harmony of the Seas
(d) The Sea Ranger
(e) None of the given options is true

Q9. Name the Formula 1 Driver who won a dramatic Australian Grand Prix 2018.
(a) Lewis Hamilton
(b) Kimi Raikkonen
(c) Nico Rosberg
(d) Sebastian Vettel
(e) Valtteri Bottas

Q10. In which of the following event, India's 15-year-old shooter Anish Bhanwala has recently won a gold medal at the ISSF Junior World Cup?
(a) 25m Rapid Fire Pistol Event
(b) 10m Air Rifle Event
(c) Double Trap Event
(d) 50m Rifle 3 Positions Event
(e) 50m Pistol Event

Q11. Name the SFB that has launched a new ‘Yellow Army Savings Account’ to increase its customer base through its association with the Chennai Super Kings (CSK).
(a) Ujjivan Small Finance Bank
(b) Jana Small Finance Bank
(c) Equitas Small Finance Bank
(d) AU Small Finance Bank
(e) ESAF Small Finance Bank

Q12. India has overtaken which of the following country to become the fourth largest automobile market in the world, according to the latest global data?
(a) Russia
(b) China
(c) France
(d) Japan
(e) Germany

Q13. Name one of the oldest cities of India that has recently gone 'wireless'.
(a) Varanasi
(b) Allahabad
(c) Ujjain
(d) Patna
(e) Pushkar

Q14. Name the country that has become the 3rd largest electricity producer in the world as its electricity production grew 34% over seven years to 2017.
(a) Russia
(b) France
(c) Japan
(d) India
(e) Germany

Q15. The Headquarter of Equitas Small Finance Bank is in ____________.
(a) Bengaluru
(b) Chennai
(c) Jaipur
(d) New Delhi
(e) Mumbai













SOLUTIONS

1.C
2.D
3.B
4.A
5.A
6.D
7.C
8.B
9.D
10.A
11.C
12.E
13.A
14.D
15.B

5 Banking and SSC : March 2018 Q1. The India U-16 team emerged champions in the Jockey Cup International Youth Invitational Football Tournament. It has defeated the U-17...
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