1.SBI launched multi currency card in association with?
ANSWER:- Mastercard.
2.What is the full form of FEMA?
ANSWER:- Foreign Exchange Management Act.
3.What is the share of central & state government, and banks in RRB?
ANSWER:Central Government – 50%, State Government – 15% and Sponsor Banks – 35%.
4.Which scheme known as government major financial inclusion scheme in India?
ANSWERT:Jan Dhan Yojana.
5.Rupay card is developed by whom?
ANSWER:-NPCI.
6.Which scheme known as government major financial inclusion scheme in India?
ANSWER:-Jan Dhan Yojana.
7.Cheque is defined under which act?
ANSWER:-Negotiable Instruments act, 1881.
8.What is the minimum balance requirement in Paytm Payment Bank?
ANSWER:-No minimum balance requirement. Users can Keep upto Rs. 1 in saving account.
9.What is the full form of GST?
ANSWER:-Goods and service Tax.
10.Which insurance company has the tagline ‘Aapke Sachche Advisor’?
ANSWER:-Max Life Insurance.
11.Who is the lender of last resort for banks in india?
ANSWER:- RBI.
12.Banking ombudsman appointed by whom?
ANSWER:- RBI.
13.SBI MINOR ACC for children above 10 years is?
ANSWER:- Pehli Udan.
14.What is the full form of SIDBI in India?
ANSWER:- Small Industries Development Bank of India.
15.What is the full form of NAV?
ANSWER:-Net Asset Value.
16.Which committee to examine the current monetary policy in India?
ANSWER:- Urjit Patel Committee.
17.KYC norms implemented under which banking regulation act?
ANSWER:- 1949.
- Is cryptocurrency use is legal in the India?
ANSWER:-cryptocurrency is not legal tender in India yet.
19.What is the full form of NPS?
ANSWER:- NATIONAL PENSION SCHEME.
20.What is the full form of BC?
ANSWER:- Business Correspondent.
21.Max life insurance tie up with which bank?
ANSWER:-Axis bank.
22.What is the initial capital of payment bank?
ANSWER:-100 cr.
23.What is the Base year for new consumer price index?
ANSWER:- 2010.
24.What is the full form of LTV?
ANSWER:- Loan To Value.
25.What is the initial capital of payment bank?
ANSWER:-100 cr.
26.What is the full form of SIDBI in India?
ANSWER:-Small Industries Development Bank of India.
27.What is the full form of KYC?
ANSWER:-Know Your Customer.
28.What is the full form of NBFC?
ANSWER:-Non Banking Finance Company.
29.What is the new name of MCX?
ANSWER:-Metropolitan Stock.
30.Where is the IRDA headquarter in India?
ANSWER:-Hyderabad.
31.What is the full form of IFSC?
ANSWER:-Indian Financial System code.
32.Bajpai committee is related with whom?
ANSWER:-New Pension System.
33.What is the universal Banking means?
ANSWER:-Banks provide a wide variety of financial services like; commercial and investment services.
34.On a certain angle, the security thread on a rupee note changes to which color?
ANSWER:-Blue.
35.What is the full form of QIP?
ANSWER:-Qualified Institutional Placement.
36.What is the full form of NPA?
ANSWER:-Non Performing Assets of 90 Days.
37.What is about the Amortization?
ANSWER:-The paying of debt with a fixed repayment schedule in regular installments over a period of time.
38.What is full form of IPO?
ANSWER:-Initial Public Offering.
39.Who is the Insurance regulator in India?
ANSWER:-IRDA.
40.Which bank has largest number of mobile application user?
ANSWER:-SBI.
