Banking Quiz from October 2018 Current Affairs

Hello and welcome to exampundit. Today we are sharing the Banking Quiz from October 2018 Current Affairs. This quiz is extremely important for the upcoming IBPS PO, IBPS Clerk and Indian Bank PO Exam.

What is there in Banking Quiz from October 2018 Current Affairs?

This Quiz contains 25 questions only from the Banking Current Affairs of October 2018.

So, you will be able to keep your banking knowledge up to date.

Set Name: Banking News Quiz from October 2018 Current Affairs

Time: 10 Minutes

No. of Questions: 25

 

The following questions are created as per the recent trends and level of IBPS PO & Clerk General Awareness 2018.

Test Name: Banking Quiz from September 2018 Current Affairs

No. of Questions: 20

Duration: 10 min

Level: Moderate

All the best.

 

Banking Quiz from October 2018 Current Affairs for Revision

 

1. Which Indian company was the only company from India’s banking and finance sector to figure in the list of the world’s best-regarded firms compiled by Forbes?

(1) ICICI Bank
(2) HDFC
(3) Axis Bank
(4) YES Bank
(5) State Bank of India

 

Show Answer
Option: 2 – Rank was 217

 

2.Which of the following bank launched a National Level Entrepreneurship Awareness Campaign ‘Udyam Abhilasha’ in 115 aspirational districts identified by NITI Aayog?

(1) HDFC Bank
(2) IDBI Bank
(3) IDFC Bank
(4) SIDBI
(5) NABARD

Show Answer
Option: 4

 

3. Which of the following bank recently launched ‘Accelerator Engagement Programme’ (AEP) under the Bank’s Centre of Digital Excellence (CODE)?

(1) ICICI Bank
(2) Axis Bank
(3) HDFC Bank
(4) IndusInd Bank
(5) YES Bank

Show Answer
Option: 3

 

4. Which bank recently announced to form a Joint Venture with Hitachi for establishing card acceptance and digital payments platform in India?

(1) State Bank of India
(2) Axis Bank
(3) Punjab National Bank
(4) ICICI Bank
(5) YES Bank

Show Answer
Option: 1

 

5. Which bank recently launched a co-branded prepaid card for the citizens of Puducherry Smart City?

(1) ICICI Bank
(2) Axis Bank
(3) IndusInd Bank
(4) HDFC Bank
(5) YES Bank

Show Answer
Option: 5

 

6. Which bank recently launched the India’s first 2 EMV chip debit cum credit card?

(1) Axis Bank
(2) IndusInd Bank
(3) ICICI Bank
(4) HDFC Bank
(5) YES Bank

Show Answer
Option: 2

 

7. The Reserve Bank of India (RBI) released operational guidelines to facilitate payments among _________.

(1) Credit Cards
(2) Debit Cards
(3) UPI App
(4) Mobile Wallets
(5) None of the above

Show Answer
Option: 4

 

8. The National Housing Bank (NHB) has decided to increase the Refinance limit to how much?

(1) ₹40,000 crore
(2) ₹20,000 crore
(3) ₹30,000 crore
(4) ₹10,000 crore
(5) ₹50,000 crore

Show Answer
Option: 3

 

9. RBI recently proposed the introduction of a VRR to encourage Foreign Portfolio Investors (FPIs) willing to undertake long-term investments. What does the second R in VRR stand for?

(1) Retention
(2) Ratio
(3) Rate
(4) Route
(5) Refinance

Show Answer
Option: 4 – Voluntary Retention Route

 

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10. What is the interest rate of the newly launched the Sovereign Gold Bond Scheme FY19?

(1) 1.5%
(2) 3.5%
(3) 5%
(4) 4.5%
(5) 2.5%

Show Answer
Option: 5

 

11. The Reserve Bank of India (RBI) has allowed state-owned OMCs to borrow long-term working capital from overseas. What does M in OMC stand for?

(1) Manufacturing
(2) Monetary
(3) Mixed
(4) Marketing
(5) Mobility

Show Answer
Option: 4- Oil Marketing Companies

 

 

12. As per the 4th Bi-Monthly Monetary Policy by Reserve Bank of India what is the current Reverse Repo Rate?

(1) 6.50 %
(2) 6.25 %
(3) 6.00 %
(4) 5.50 %
(5) 5.75 %

Show Answer
Option: 2

 

13. Who among the following was recently appointed as MD & CEO of IDBI Bank?

(1) Rakesh Sharma
(2) Pankaj Jain
(3) Atul Goel
(4) K P Nair
(5) Satish Kumar Gupta

Show Answer
Option: 1

 

 

14. Which bank has entered into an exclusive partnership with ‘Amazon Pay’ to launch a co-branded credit card?

(1) IndusInd Bank
(2) State Bank of India
(3) Axis Bank
(4) ICICI Bank
(5) HDFC Bank

Show Answer
Option: 4

 

15. As per the new ATM cash withdrawal rules for SBI account holders what is the withdrawal limit Classic and Maestro Debit Card Holders?

(1) ₹20,000
(2) ₹40,000
(3) ₹25,000
(4) ₹30,000
(5) ₹50,000

Show Answer
Option: 1

 

16. Which bank recently announced a partnership with the Bhubaneswar Municipal Corporation (BMC) and Bhubaneswar Smart City Limited (BSCL) to launch a Common Payment Card System (CPCS)?

(1) YES Bank
(2) Axis Bank
(3) IndusInd Bank
(4) ICICI Bank
(5) HDFC Bank

Show Answer
Option: 4

 

17. Which bank recently announced the launch of its first ‘Vyapaar Express’ – MSME Carnival?

(1) Axis Bank
(2) ICICI Bank
(3) HDFC Bank
(4) IDBI Bank
(5) YES Bank

Show Answer
Option: 5

 

18. India’s first cryptocurrency ATM was recently installed in which city?

(1) Chennai
(2) Hyderabad
(3) Mumbai
(4) Bengaluru
(5) Pune

Show Answer
Option: 4

 

19. As per the 4th Bi-Monthly Monetary Policy by Reserve Bank of India what is the current Repo Rate?

(1) 6.25%
(2) 6.50%
(3) 6.00%
(4) 5.25%
(5) 6.75%

Show Answer
Option: 2

 

 

20. IDFC Bank has proposed to change its name to ________ after merging with Capital First.

(1) IDFC Capital First Bank Ltd
(2) IDFC First Capital Bank Ltd
(3) IDFC Capital Bank Ltd
(4) Capital First IDFC Bank Ltd
(5) IDFC First Bank Ltd

Show Answer
Option: 5

 

 

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