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Get access to latest Financial Current Affairs Quiz

Dear Reader:
Daily Financial Current Affairs Quiz (BA Quiz) based on important Financial Current Affairs from 20th April-17 is now available.

1. What is India’s rank on the global index of talent competitiveness?

(1) 90

(2) 91

(3) 92

(4) 78

(5) 89

2. Which country topped the global index of talent competitiveness?

(1) India

(2) Switzerland

(3) Russia

(4) Singapore

(5) China

3. According to a World Economic Forum (WEF) report ‘Inclusive Growth and Development Report 2017’, what is India’s rank?

(1) 70

(2) 80

(3) 60

(4) 79

(5) 90

4. Which country topped the 2017 Passport Index?

(1) Germany

(2) Switzerland

(3) Ireland

(4) India

(5) US

5. Which is the first cashless island in India?

(1) Karang

(2) Majuli

(3) Diu

(4) Rutland

(5) Katchal

6. Expand SBN

(1) Specified Bank Notes

(2) Special Bank Notes

(3) Specified Banking Notes

(4) Special Banking Notes

(5) Special Banking Number

7. Expand ReBIT

(1) Reserve Banking Information Technology Private Ltd

(2) Reserve Bank Insurance Technology Private Ltd

(3) Reserve Bank Information Technology Private Ltd

(4) Reserve Banking Insurance Technology Private Ltd

(5) Regional Bank Information Technology Private Ltd

8. The rate at which commercial bank borrows money from RBI is known as ?

(1) Repo rate

(2) Base Rate

(3) CRR

(4) SLR

(5) Reverse Repo rate

9. Which of the following is the ratio of total deposits of a bank which it has to keep with the RBI?

(1) Repo rate

(2) Base Rate

(3) CRR

(4) SLR

(5) Reverse Repo rate

GK Quiz online Click here to get detailed solutions the BA Quiz on your computer

10. Which of the following is used to purchase the government securities?

(1) Repo rate

(2) Base Rate

(3) CRR

(4) SLR

(5) Reverse Repo rate

11. Expand DIGC

(1) Divided Insurance and Guarantee Corporation

(2) Debit Insurance and Guarantee Corporation

(3) Deposit Industry and Guarantee Corporation

(4) Deposit Insurance and Guarantee Corporation

(5) Divergent Insurance and Guarantee Corporation

12. What is the tenure of the official and non- official directors of RBI?

(1) 3 years

(2) 2 years

(3) 4 years

(4) 1 year

(5) 7 years

13. Which section of Banking Regulation Act, 1949 defines banking company?

(1) Section 5 (a)

(2) Section 5 (b)

(3) Section 5 (c)

(4) Section 5 (d)

(5) Section 5 (e)

14. Who regulates the functioning of NBFC?

(1) NABARD

(2) Finance Ministry

(3) RBI

(4) SEBI

(5) Agricultural Ministry

15. Which article of the Indian constitution distributes legislative powers related to taxation between the Parliament and the State Legislature?

(1) Article 242

(2) Article 243

(3) Article 246

(4) Article 244

(5) Article 241

16. Which article of the Indian constitution defines union budget?

(1) Article 110

(2) Article112

(3) Article 100

(4) Article 108

(5) Article 111

GK Quiz on PhoneDetailed solutions for this quiz are also available in the Practice> All Exercises > Banking Awareness > April section of the app

17. The process whereby an unlisted company announces the sale of its first stock of securities to the public, through an underwriting firm is known as?

(1) IPO

(2) FPO

(3) Debentures

(4) CRR

(5) SLR

18. Net Asset Value of the Mutual Fund is calculated after how much time?

(1) 1 year

(2) Fortnight

(3) Quarter

(4) Daily

(5) 20 days

19. ” One family one bank” is the tagline of which of the following banks?

(1) Bank of Baroda

(2) Bank of Maharashtra

(3) Bank of Rajasthan

(4) Allahabad Bank

(5) Citi Bank

20. ” Your perfect banking partner ” is the tagline of which of the following banks?

(1) Dena Bank

(2) DBS Bank

(3) Citi Bank

(4) Federal Bank

(5) HSBC Bank

Solutions for this quiz are available at the end of the post. However, to attempt this question on an IBPS-like system with timed answers, attempt this quiz on the website or on the Android App

Answers

(1) 3   (2) 2   (3) 3   (4) 1   (5) 1   (6) 1   (7) 2   (8) 1   (9) 3   (10) 4   (11) 4   (12) 3   (13) 3   (14) 3   (15) 3   (16) 2   (17) 1   (18) 4   (19) 2   (20) 4

All Previous Current Affairs Quizzes can be accessed here

As a reminder, Studycopter will bring weekly BA quizzes for you to do well on all Current Affairs based questions on any competitive exam. Also, our daily Current Affairs and News Updates keep you abreast of all there is to know from the world of Business, Politics, Sports, Awards, and more to do well on your exams.

Best of luck and do let me know if you have any questions!

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