Q1)-A Reserve Bank of India (RBI) committee has recommended conversion of Urban Cooperative Banks (UCBs) with business size of 20,000 crore rupees or more into regular banks. This recommendation was given by the High Powered Committee on UCBs headed by ___.
Deepak Mohanty
Urjit Patel
MB Shah
R Gandhi
Ans.- D


Q2)-The Public Provident Fund is savings-cum-tax-saving instrument in India, introduced by the National Savings Institute of the Ministry of Finance in 1968. What is the minimum amount to be invested in PPF account?
Rs 100
Rs 500
Rs 1000
Rs 200
Ans.- B


Q3)-The transitional period for full implementation of Basel III Capital Regulations in India is extended upto?
March 1, 2018
March 31, 2019
April 1, 2018
April 30, 2018
Ans.- B


Q4)-RBI has increased the limit for foreign exchange (FOREX) remittances under Liberalised Remittance Scheme (LRS) from $125,000 to _____ per person per year.
$250,000
$150,000
$130,000
$20,000
Ans.- A


Q5)-According to the guidelines released by RBI, a Payments banks can open small savings accounts and accept deposits of up to ___.
10 lakh
5 lakh
3 lakh
2 lakh
Ans.- D


Q6)-Which bank has launched “Saral-Rural Housing Loan’ scheme for weaker sections of society?
Axis Bank
SBI
ICICI
Yes Bank
Ans.- C


Q7)-What is the minimum capital requirement for New Banks in the Private Sector
Rs. 200 crore
Rs. 300 crore
Rs. 500 crore
Rs. 600 crore
Ans.- C


Q8)-Many times we read a term ‘ECB’ in financial newspapers. What is the full form of ECB?
Essential Commercial Borrowing
Essential Credit and Borrowing
External Credit and Business
External Commercial Borrowing
Ans.- D


Q9)-Which among the following banks had launched 'Dhanchayat', an educational film to raise awareness on the dangers of borrowing money from unorganised sources?
Axis
ICICI
HDFC
SBI
Ans.- C


Q10)-Which among the following has launched a Smart Humsafar Plan, a unique plan which offers multiple benefits of savings and insurance cover for husband and wife under a single policy?
ICICI Prudential
SBI Life
NIACL
LIC
Ans.- B



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