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
[WpProQuiz 214]
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
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
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
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
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
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
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
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
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
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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%
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
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 %
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
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
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
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
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
18. India’s first cryptocurrency ATM was recently installed in which city?
(1) Chennai
(2) Hyderabad
(3) Mumbai
(4) Bengaluru
(5) Pune
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%
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
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