1. Union Government has launched a seven pronged plan called Indradhanush Mission to revamp functioning of ____.
A. Primary Schools in Rural areas
B. To boost Make in India initiative
C. Public Sector Banks (PSBs)
D. Handlooms sector in the country
E. Tourism sector in the country
2. “Buddy” is a mobile app which aims at providing convenient and secure digital payment system to its customers, launched by which among the following banks?
A. SBI
B. ICICI
C. HDFC
D. Axis Bank
E. BOB
3. What is the minimum denomination of Treasury bills to issue in India?
A. Rs. 20,000
B. Rs. 25,000
C. Rs. 30,000
D. Rs. 50,000
E. None of these
4. In CRAR, A stands for:
A. Application
B. Accounts
C. Assets
D. Annual
E. Alternate
5. In ASBA, S stands for:
A. Supported
B. Self
C. Savings
D. Secure
E. Security
6. According to the recommendation of the 14th Finance Commission, the Share of states in the centre's tax revenue is increased from 32% to _____.
A. 40%
B. 42%
C. 45%
D. 50%
E. 38%
7. _______ is the rate at which banks borrow funds overnight from the Reserve Bank of India (RBI) against approved government securities.
A. CRR
B. SLR
C. Call Money
D. MSF
E. Repo Rate
8. National Electronic Funds Transfer (NEFT) is a nation-wide payment system facilitating one-to-one funds transfer. What is the limit on the amount that could be transferred using NEFT?
A. Rs. 2 lakh
B. Rs. 5 lakh
C. Rs. 10 lakh
D. Rs. 1 lakh
E. No limit
9. What is the maximum value to be stored in a prepaid card?
A. No limit
B. Rs. 10,000
C. Rs. 5,000
D. Rs. 50,000
E. Limits depends on the issued by banks and authorised non-bank entities
10. Reserve Bank of India (RBI) has constituted a committee to prepare a 5 year action plan to spread the reach of financial services across country to unbanked population. The committee will be headed by ____.
A. Nachiket Mor
B. KC Chakraborty
C. Anand Sinha
D. Urjit Patel
E. Deepak Mohanty
# Answers
1. PSB's
2. SBI
3. 25,000
4. Assets
5. Supported
6. 42%
7. MSF
8. No Limit(upper as well lower)
9. 50,000
10. Deepak Mohanty
A. Primary Schools in Rural areas
B. To boost Make in India initiative
C. Public Sector Banks (PSBs)
D. Handlooms sector in the country
E. Tourism sector in the country
2. “Buddy” is a mobile app which aims at providing convenient and secure digital payment system to its customers, launched by which among the following banks?
A. SBI
B. ICICI
C. HDFC
D. Axis Bank
E. BOB
3. What is the minimum denomination of Treasury bills to issue in India?
A. Rs. 20,000
B. Rs. 25,000
C. Rs. 30,000
D. Rs. 50,000
E. None of these
4. In CRAR, A stands for:
A. Application
B. Accounts
C. Assets
D. Annual
E. Alternate
5. In ASBA, S stands for:
A. Supported
B. Self
C. Savings
D. Secure
E. Security
6. According to the recommendation of the 14th Finance Commission, the Share of states in the centre's tax revenue is increased from 32% to _____.
A. 40%
B. 42%
C. 45%
D. 50%
E. 38%
7. _______ is the rate at which banks borrow funds overnight from the Reserve Bank of India (RBI) against approved government securities.
A. CRR
B. SLR
C. Call Money
D. MSF
E. Repo Rate
8. National Electronic Funds Transfer (NEFT) is a nation-wide payment system facilitating one-to-one funds transfer. What is the limit on the amount that could be transferred using NEFT?
A. Rs. 2 lakh
B. Rs. 5 lakh
C. Rs. 10 lakh
D. Rs. 1 lakh
E. No limit
9. What is the maximum value to be stored in a prepaid card?
A. No limit
B. Rs. 10,000
C. Rs. 5,000
D. Rs. 50,000
E. Limits depends on the issued by banks and authorised non-bank entities
10. Reserve Bank of India (RBI) has constituted a committee to prepare a 5 year action plan to spread the reach of financial services across country to unbanked population. The committee will be headed by ____.
A. Nachiket Mor
B. KC Chakraborty
C. Anand Sinha
D. Urjit Patel
E. Deepak Mohanty
# Answers
1. PSB's
2. SBI
3. 25,000
4. Assets
5. Supported
6. 42%
7. MSF
8. No Limit(upper as well lower)
9. 50,000
10. Deepak Mohanty
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