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Banking Awareness Questions for Bank Exams

Q1. The RBI has allowed state-owned oil companies to borrow long term working capital from overseas. RBI relaxed the policy on borrowing up to ___________ billion US dollar from the overseas by the state owned fuel retailers.
 20 billion US dollar
 15 billion US dollar
 10 billion US dollar
 05 billion US dollar
 50 billion US dollar

Q2. Which organisation has released the operational guidelines to facilitate payments among prepaid instruments (PPI) such as mobile wallets, a move aimed at promoting digital transactions?
 NABARD
 TRAI
 IRDAI
 SEBI
 RBI

Q3. The government has doubled the monetary limit to _____________ lakh rupees for filing loan recovery application in the Debt Recovery Tribunals (DRT) by banks and financial institutions.
 20 lakh rupees
 10 lakh rupees
 30 lakh rupees
 50 lakh rupees
 80 lakh rupees

Q4. Nearly two dozen lenders, led mostly by state-run banks has signed the ICA framework to speed up the resolution of stressed assets which are under Rs 500 crore bracket. What is the full form of ICA?
 Indian-Creditor Agreement
 Inter-Cash Agreement
 Inter-Creditor Agency
 Inter-Creditor Agreement
 Inter-Creditor Association

Q5. Which Committee has set up to look into the faster resolution of stressed assets, recommended the creation of an asset management company for the resolution of stressed loans worth more than Rs. 500 crores?
 Kirit Somaiya Committee
 Sunil Mehta Committee
 Ajay Mathur Committee
 SS Mundra Committee
 Sunita Narain Committee

Q6. Insolvency & Bankruptcy Board of India notified the IBBI (Insolvency Resolution Process for Corporate Persons) (Third Amendment) Regulations, 2018. Where is the Headquarters of IBBI?
 Hyderabad
 Kolkata
 Chennai
 New Delhi
 Mumbai

Q7. Which bank has bagged "Rajbhasha Kirti" award for outstanding performance in implementing the Official Language Policy during 2017-18?
 Punjab National Bank
 State Bank of India
 Bank of Baroda
 ICICI Bank
 Axis Bank

Q8. Name the bank, which has announced that the Department of Financial Services report has rated it as number one state-owned bank in terms of digital transactions.
 Axis Bank
 State Bank of India
 Bank of Baroda
 ICICI Bank
 Punjab National Bank

Q9. ____________________ and NABARD joined hands to provide collateral-free credit through Joint Liability Groups (JLGs) in Telangana.
 RBI
 BOB
 SBI
 PNB
 OBC

Q10. Who has quit as CEO of ICICI Bank with immediate effect recently?
 Amitabh Chaudhry
 Chanda Kochhar
 Sandeep Bakhshi
 Rana Kapoor
 Shikha Sharma

Q11. Which Bank has become the first bank in the country to introduce Iris Scan Authentication feature for Aadhaar -based transactions through its micro ATM tablets?
 Axis Bank
 ICICI Bank
 HDFC Bank
 Yes Bank
 State Bank of India

Q12. Paytm Payments Bank has appointed veteran banker _____________________________ as Managing Director and CEO.
 Amitabh Chaudhry
 Satish Kumar Gupta
 Renu Satti
 Sandeep Bakhshi
 Shikha Sharma

Q13. _____________________ one of India's first payments banks, has been allowed to open new accounts by RBI after it submitted a compliance report.
 India Post Payments Bank
 Jio Payments Bank
 Fino Payments Bank
 Aditya Birla Payments Bank
 Paytm Payments Bank

Q14. Ujjivan Small Finance Bank launched an overdraft (OD) facility for micro & small enterprise (MSE) customers. OD facility is offered to all MSEs with a turnover of Rs ________________ lakh or more.
 Rs 20 lakh
 Rs 40 lakh
 Rs 10 lakh
 Rs 50 lakh
 Rs 30 lakh

Q15. Which organisation has approved a proposal to allow foreign investors to trade in commodity derivatives market, except for sensitive commodities, as well as common application form for the registration of FPIs in the domestic market?
 NABARD
 TRAI
 IRDAI
 RBI
 SEBI










 SOLUTIONS

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

5 Banking and SSC : Banking Awareness Questions for Bank Exams Q1. The RBI has allowed state-owned oil companies to borrow long term working capital from overseas. RBI relaxed the policy on borrowing up...

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