BANKING & FINANCIAL AWARENESS 2017

20 MCQ [A] 7.6%

By Study of Banking

[B] 7.5%

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[C] 8.7% [D] 8.8%

1. What is the maximum investment limit under SCSS (Senior Citizen Savings Scheme)? [A] Rs. 10 lakhs

9. What is the loan limit for Educational loans that can be classified under priority sector lending? [A] Rs. 7 lakhs

[B] Rs. 5 lakhs

[B] Rs. 10 lakhs

[C] Rs. 15 lakhs

[C] Rs. 5 lakhs

[D] Rs. 20 lakhs

[D] Rs. 8 lakhs 2. What is the age limit of for Jeevan Jyoti Bima Yojana? [A] 18 to 70 years

10. Commerce and Industry Ministry recently launched TIES scheme. What does ‘I’ stand for in TIES?

[B] 18 to 60 years

[A] Infrastructure

[C] 18 to 40 years

[B] Information

[D] 18 to 50 years

[C] Industrial [D] None of these

3. Which of the following institutions provides secured depository services? 11. Which of the following is not a financial institution?

[A] NSE

[A] IDBI

[B] NSDL

[B] LIC

[C] RBI

[C] NATO

[D] BSE

[D] ECGC 4. Government introduced MCLR in place of Base Rate. In MCLR, ‘M’ stands for?

12. What does 'P' stands for in the term 'PCR'?

[A] Macro

[A] Performing

[B] Margin

[B] Prime

[C] Marginal

[C] Provisioning

[D] Market

[D] Product

5. Which of the following company has launched “Digital Unlocked” the training program for Indian small businesses?

13. Union Government has announced the constitution of a new board, ‘NBEM’. What does E stand for in NBEM?

[A] Amazon

[A] Electric

[B] Yahoo

[B] Ecological

[C] Dropbox

[C] Earning

[D] Google

[D] Education

6. According to Global rating agency “Fitch Ratings Inc” What is the Indian GDP forecast for the FY 17?

14. India’s first dedicated education loan lender, ‘Crediila Financial Services’ is a subsidiary of?

[A] 7.1%

[A] ICICI Bank

[B] 7.2%

[B] HDFC Bank

[C] 7.4%

[C] Axis Bank

[D] 8.1%

[D] HSBC Bank

7. Which among the following state has launched ‘PTG Dakia Yojana’?

15. For ELSS (Equity Linked savings Scheme) mutual funds, what is the lock - in period?

[A] Maharashtra [B] Jharkhand [C] Kerala [D] Tamil Nadu

[A] 3 years [B] 2 years [C] 5 years [D] 10 years

8. Interest rate on Kisan Vikas Patra now stands at? Study of Banking

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BANKING & FINANCIAL AWARENESS 2017 16. SBI recently slashed its base rate by 15 basis points post merger. The base rate now stands at? [A] 9.00%

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[B] 9.10% [C] 8.75%

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[D] 8.85%

17. Navrang Saini was recently appointed as a whole time member of IBBI. What does ‘BB’ in IBBI stand for? [A] Bank Bureau [B] Bankruptcy Board

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[C] Basis Board

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[D] Budget Bureau

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18. Who among the following eminent Indian person has been inducted into the Advisory Board of the Atlantic Council? [A] Ratan Tata [B] Mukesh Ambani [C] Lakshmi Mittal [D] Anil Ambani

19. Which among the following state has launched Smart family card scheme, that will replace ration cards? [A] Karnataka [B] Tamil Nadu [C] Telangana [D] None of these

20. Which of the following instruments cannot be transferred from one person to another by Endorsement? [A] Fixed Deposit Receipt [B] Bill of Exchange [C] Promissory Note [D] Cheque

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