Thursday, 16 May 2019

Banking Awareness Questions and Answers 2019 - Set 01



1. A bancassurance pact was signed between which bank and SBI Life Insurance to sell the policies of the insurer in over 3,200 branches of the bank, on 31st December 2018?

Answer: Allahabad Bank

2. Prime Minister Narendra Modi released a commemorative postal stamp, 75 rupees coin, and dedicated a 150 feet Flag Mast to mark the 75th anniversary of the hoisting of Tricolour flag on Indian soil by Netaji Subhas Chandra Bose and formation of Azad Hind government, on 30th December 2018?

Answer: Port Blair, Andaman and Nicobar Islands 

3. India will remain the fastest growing major economy with GDP growth estimated to be _____% in FY19, as per7.5 Confederation% of Indian Industry (CII)’s report titled ‘Growth Outlook for 2019’?

Answer: 7.5%

4. Which Union Ministry has established Medium Expo Enterprises Promotion Cell with an aim to create a sustainable ecosystem of Micro, for Small the entire & MSME (Micro, Small(MSME) & Medium Enterprises) development?

Answer: Micro, Small and Medium Enterprises (MSME)

5. Reserve Bank of India has granted permission to which payments bank to add new customers, after it had initially barred the bank from opening bank accounts in June 2018?

Answer: Paytm Payments Bank 

6. Government of India has infused ____ rupees of capital into UCO bank through a preferential allotment, as on 31st December 2018? 

Answer: Rs 3074 crore 

7. Gross Non -Performing Assets (GNPA) ratio of Scheduled Commercial Banks declined from 11.5 % in March 2018 to what percent in September 2018, as per the 18th Fiscal Stability Report of India released by Reserve Bank of India (RBI)?  

Answer: 10.8%

8. Which country introduced a new GAFA tax named after Google, Apple, Facebook and Amazon to ensure that the companies pay a fair share of taxes in Europe, on 1st January 2019? 

Answer: France

9. Government has introduced Minimum Support Price for how many items of Minor Forest Produce (MFP), based on recommendations of the MFP Pricing Cell constituted by Tribal Cooperative Marketing Development Federation of India Ltd. (TRIFED)? 

Answer: 17

10.  Who took charge as the MD and CEO of Axis bank on 1st January 2019?

Answer: Amitabh Chaudhry 


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