Saturday, 12 December 2015

Banking Awareness Test Questions Set-1

Q.1   On which day the New Development Bank (NDB) floated by the BRICS nations, including India started its operations at its headquarters in Shanghai?
a. 20th July’15
b. 1st July’15
c. 21st July’15
d. 19th July’15

Q.2   On 21st July’15 the Supreme Court rejected plea of applicants for OBC status in Bank PO exam. The applicants belong to which community?
a. Bengali
b. Marwari
c. Gurjar
d. Jaat

Q.3   Who cancelled Sahara Mutual Fund license on 28th July’15?
a. Supreme Court
c. BSE

Q.4   With which bank, the Government of India on 28th July’15 signed a $300 million loan to support the government’s flagship program, the National Urban Health Mission (NUHM)?
a. Asian Development Bank
b. World Bank
c. BRICS Bank
d. European Central Bank

Q.5   Which of the following banks has launched the India's first mortgage guarantee-backed home loan product ‘Extraa Home Loan’?
a. State bank of India
b. Bank of Baroda
c. ICICI Bank
d. HDFC Bank

Q.6   Name the micro finance company that becomes the first to start operation as a commercial bank?
a. PayTm Bank
b. Vodafone m-Pesa Bank
c. Yes Bank
d. Bandhan Bank

Q.7   For which of the following Income Tax Department has to open special return counters?
a. Defence Personnel, Salaried Tax Payers & Pensioners
b. Salaried Tax Payers, Defence Personnel & Differently-abled Persons
c. Pensioners, Salaried Tax Payers & Differently-abled Persons
d. Salaried Tax Payers, Pensioners & Differently-abled Persons

Q.8   Name the committee to recommend that granting relief to FIIs on Minimum Alternate Tax (MAT) will be a positive thing for the market?
a. C Rangarjan Committee
b. Bimal Jalan Committee
c. AP Shah Committee
d. K N Desai Committee

Q.9   Who is the head of the committee that recommended conversion of Urban Cooperative Banks (UCBs) with business size of 20,000 crore rupees or more into regular banks?
a. Bibek Debroy
b. Raghuram Rajan
c. R Gandhi
d. U K Sinha

Q.10   How many payment banks received in-principle approval by the Reserve bank of India?
a. 3
b. 4
c. 6
d. 11

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