Expected Banking Awareness MCQ's for Upcoming Competitive Exams

Expected Banking Awareness MCQ's for Upcoming Competitive Exams

1) Goods and Services Tax (GST) Panel recently decided to lower the threshold limit for imposing GST on entities to how much rupees from the proposed 25 lakhs rupees ?

1. 20 lakhs
2. 15 lakhs
3. 10 lakhs
4. 8 lakhs

2) EPFO has recently decided to retain the interest rate on provident fund at which of the following percent ?

1. 8.25%
2. 8.5%
3. 8.75%
4. 9%

3) The Board of Control for Cricket in India (BCCI) August 2014 awarded the title sponsorship for the international series and domestic tournaments to be played in India during the 2014-15 season to which if the following mobile phone companies for an approximate fee of Rs. 18 crore ?

1. Intex
2. Micromax
3. Samsung
4. Nokia

4) Which of the following banks recently declared Vijay Mallya and three other directors of Kingfisher Airlines (KFA) as wilful defaulters ?

1. SBI
2. United Bank of India
3. PNB
4. UCO Bank

5) Which of the following public sector banks recently launched "Family Suarksha Bachat Khata"?

1. SBI
2. PNB
3. UCO Bank
4. Bank of Baroda

6) Which of the following multinational IT consultants obtained the contract to build an IT platform for crowd funding to raise funds for Prime Minister Narendra Modi's dream project Status of Unity ?

1. IBM
2. Accenture
3. Capgemini
4. Mindtree

7) Union Government has recently Approved how much percent hike in Dearness Allowance (DA) to Central Government employees and Dearness Relief (DR) to the pensioners ?

1. 4%
2. 5%
3. 7%
4. 8%

8) Union Finance Minister has recently constituted a panel to assess the amount of unclaimed deposits in the PPF accounts and Post Office savings schemes. Who of the following is the head of the panel ?

1. Bimal Jalan
2. MBN Rao
3. Aditya Puri
4. HR Khan

9) The Reserve Bank of India (RBI) has capped the maximum age at how many years for a Managing Director of CEO's or whole time director in a private bank ?

1. 65
2. 68
3. 69
4. 70

10) Which of the following IT services companies recently launched "Saral Rozgar" cards in West Bengal with the aim to create a common pool of jobseekers and job providers with about 4,000 job openings?

1. TCS
2. Infosys
3. Tech Mahindra
4. Wipro

11) Which of the following public-sector banks recently sought permission of the RBI to launch contact-less debit cards which would enable customers to carry out some transactions without entering the pin number ?

1. PNB
2. SBI
3. ICICI
4. AXIS

12) State Bank of India (SBI) in tie-up with MasterCard recently launched its first multi-currency international debit card to allow consumers to use a single card to pay in multiple currencies. At present, this card will enable customers to load how many international currencies ?

1. 4
2. 6
3. 8
4. 10

13) Which of the following public sector banks recently launched "Pehla Kdam and Pehli Udaan", the two new savings bank products for children ?

1. SBI
2. PNB
3. ICICI
4. Bank of Baroda

14) Which of the following banks has introduced a cardless cash withdrawal facility which allows customers to transfer money from their account to anyone in India with a mobile number ?

1. AXIS
2. ICICI
3. HDFC
4. SBI

15) Computer processor chip maker Intel has tied up with which of the following states' government to launch student innovation programme ?

1. Andhra Pradesh
2. Karnataka
3. Gujarat
4. Maharashtra 

16) Wildlife Trust of India (WTI) and Tata Chemicals Limited (TCL) have signed an MOU to set up the country's first "Coral Garden" in which of the following states ?

1. Gujarat
2. Odisha
3. Maharashtra
4. Goa

17) The WPI-based inflation during August 2014 came down to the lowest levels during last 5 years. What was the inflation level recorded during the month, as disclosed in the data released by the Union Govt ?

1. 3.5%
2. 3.6%
3. 3.74%
4. 4.2%

18) The Reserve Bank of India (RBI) has recently closed down six Urban Cooperative Banks (UCBs), the conduct of whom was found suspicious. What was the main charge against these UCBs ?

1. Being indulged in money laundering activities
2. Tax Evasion
3. Being indulged in Terrorist Financing activities
4. Casino regulations under the Bank Secrecy Act

19) Tata Consultancy Services (TCS) has recently opened the first All Women BPO Unit in which of the following countries ?

1. Vietnam
2. Thailand
3. Singapore
4. Saudi Arabia

20) Which of the Following states in India has recently decided to impose one rupee cess on purchase of every packet of cigarette and bottle of liquor in order to fund public transport in the state ?

1. Karnataka
2. Gujarat
3. Delhi
4. Rajasthan

Important Links:

• Banking Awareness: About Small Industries Development Bank (SIDBI)
• General Studies Practice Paper Based on Indian History
• Computer Terminology Notes (By Alphabet)