BANKING GK-2016

SHINE SCHOOL OF BANKING-9600527687

TEST-1

1. Which Central Bank has imposed negative

interest rate in its monetary policy statement of

January 2016? The Bank of Japan

2.RBI proposed marginal cost of funds methodology

to calculate? Base rate.

3. VAT, stamp duty, state excise, land revenue and

profession tax are levied by - state government

4.Saudi Arabia-based Islamic Development Bank

(IDB) will open its first branch in India in which

state, as announced during June 2016? Gujarat

5. The Government of India re-appointed ____as the

Deputy Governor of the Reserve Bank of India, for

a further period of three years? Dr. Urjit R. Patel

6. As per the Reserve Bank circular issued on March

3, 2016, banks have to pay interest on savings banks

account on? quarterly basis or shorter duration.

7. A Non Banking Financial Company(NBFC)is a

company registered under the - Companies Act,

1956

8. First Indian to be elected as Vice – Chairman in

the Bank for International Settlements (BIS)

RBI Governor Dr Raghuram Rajan

9. Which is the authority that regulates Collective

Investment Schemes (CIS)? – SEBI

10. RBI extends deadline to exchange pre-2005

notes to? June 30, 2016

11. BCBS stands for - Basel committee on Banking

supervision

12. New Chairman of Public Accounts Committee

(PAC)? KV Thomas

13. Which country topped Global Consumer

Confidence Index 2016? India

14.Under Pradhan Mantri Jan-Dhan Yojana

(PMJDY), the accidental insurance cover of __will

be provided to all the beneficiaries. Rs.1.00 lac

15. Banking sector falls under which of the

following sectors? Service Sector

16. The World Bank has approved a ____loan to

support the central government’s programme to

generate electricity from Roof top solar power plants

in India $625 million loan

17. Mobile banking fund transfer limit in a day

Rs.50,000

18. MUDRA Bank is a wholly-owned subsidiary of

SIDBI

19. How many years of the infamous massive

devaluation of Indian rupee, by a huge 57%, were

completed on 6 June 2016? 50 years

20. Which bank launches Flexi Pay Home Loan

Scheme for Professionals SBI

21. First President of AIIB Jin Liqun

22. India elected to new AIIB Bank’s First Board

Dinesh Sharma

23. Full form of REIT- Real Estate Investment

Trust

24. SBI opens first branch in South Korea

25. SBI Launches First Dedicated Branch For

Startups In Cube

26. ICICI Bank opens its first branch in

South Africa

27. India gets more voting rights in IMF reforms -

India’s voting rights increased by

- 0.3% from the current 2.3% to 2.6%.

28. Which bank to sell loans to non-customers

through ATMs HDFC Bank

29. Which bank commits $5 bn for climate action in

India Yes Bank

BANKING GK-2016

SHINE SCHOOL OF BANKING-9600527687

30. Which multinational bank on 16 May 2016

announced to wind up all its banking operations in

India in a phased manner? Royal Bank of Scotland

31. “Buddy” is a mobile app which aims at providing

convenient and secure digital payment system to its

customers, launched by which among the following

banks (SBI)

32. First Multi- Currency Contactless Card service

launched by Axis Bank

33. Union Government has launched a seven

pronged plan called Indradhanush Mission to

revamp functioning of - Public Sector Banks

(PSBs)

34. Inflation in India is measured on -

gross domestic product(GDP)

35. Which bank partnered with a fintech start-up

Fisdom for personal wealth management services?

Bank of Baroda

36. __ is the rate at which banks borrow funds

overnight from the Reserve Bank of India (RBI)

against approved government securities

- Marginal Standing Facility (MSF)

37. The availability of cash and other cash-like

marketable instruments that are useful in purchases

and investments are commonly known as

Liquidity

38. RBI grants “in-principle” approval to Reliance

Industries Limited to set up Payments Banks in the

country. To which among the following RIL has

partnered with for Payment Bank Licence? SBI

39 What is the maximum value to be stored in a

prepaid card? –the maximum value that can be

stored in any prepaid card

40. Reserve Bank of India (RBI) has constituted a

committee to prepare a 5 year action plan to spread

the reach of financial services across country to

unbanked population. The committee will be headed

by RBI executive director Deepak Mohanty.

41. Treasury bills or T-bills, which are money

market instruments, are short term debt instruments

issued by Treasury bills

42. India's first International Financial Services

Centre opened at Gujarat

43. 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

RBI Deputy Governor R Gandhi.

44. 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 (Rs. 1.5 crore) per person per

year.

45. According to the guidelines released by RBI, a

Payments banks can open small savings accounts

and accept deposits of up to

Rs.1 lakh per individual customer.

46. Commercial Paper(CP) was introduced in India

in - 1990.

47. Many times we read a term ‘ECB’ in financial

newspapers. What is the full form of ECB? External

Commercial Borrowing

48. Which among the following banks had launched

'Dhanchayat', an educational film to raise awareness

on the dangers of borrowing money from

unorganized sources? HDFC Bank Ltd.

49. 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? Private

insurer SBI Life Insurance

50. What is the maximum monthly pension for the

subscribers under Atal Pension Yojana? Rs 5000

BANKING GK-2016

SHINE SCHOOL OF BANKING-9600527687

TEST-2

1. India’s gross domestic product (GDP) grew at

what percent in 2014-15. The growth is based on

new methodology with a ___as base year - 2011-12

2. Which of the following is the first North East state

to achieve 100 percent success in implementing the

Pradhan Mantri Jan Dhan Yojana? Meghalaya

3. What is the name given to Union Finance

Ministry’s flagship project which aims at widening

the tax base by catching tax evaders using

technology? Project Insight

4. What is the Minimum amount of transfer required

for RTGS is Rs. 2 lakh

5. Who is the sole authority to issue and manage

currency in India RBI In terms of Section 22

6. Which bank has opened its branch in Shanghai,

China ICICI

7. Which country launched world first Facial

recognition ATM China

8. A cheque is considered a valid cheque if the date

entered on the cheque is within____of the actual

date on which it is presented.

3 months

9. The headquarter of BRICS Bank “The New

Development Bank (NDB)” located in

Shanghai, China

10. Which among the following committee

constituted on Payment Banks license?

Dr. Nachiket Mor

11. The Reserve Bank has revised priority sector

lending norms to ensure a phased increase in loans

to small farmers. As per the new guidelines, credit

to small and marginal farmers should be at least how

much per cent of a bank's total credit by March

2017? 8 percent

12. The initial total committed resources of the

Contingent Reserve Arrangement (CRA) shall be

$100 billion in BRICS Development Bank. What is

the total contribution of South Africa?

$5 billion

13. Which Bank has launched a payment service using a

smartphone keyboard named ‘iMobile SmartKeys’? ICICI

Bank.

14. Who among the following is the head of the

committee constituted on the controversial issue of

payment of Minimum Alternate Tax (MAT) by

foreign institutional investors?

AP Shah

15. The govt scheme, which gives accidental death-

cum-dis ability cover of Rs two lakh to all the

savings bank acco unt holders in the age group of 18

to 70 years for a premium of Rs 12 per annum, is -

Pradhan Mantri Suraksha Bima Yojana

(PMSBY)

16. What is the full form of the term NDTL, as used

in banking environment? Net Demand and Time

Liability

17. Magnetic Ink Character Recognition (MICR) is

a 9 digits code is used mainly by the banking

industry to ease the processing and clearance of

cheques and other documents. The first three digits

represent the City

18. The implementation of Goods and Services Tax

(GST) is expected by April 2016

19. Union Cabinet approved how much per cent FDI

in white label ATMs through automatic route?

100 percent

19. What is the name of the platform launched by

State Bank of India (SBI) that enables customers to

book their foreign exchange transactions online?

SBI eforex

20. India has become the second largest player in the

China-led Asian infrastructure and Investment Bank

(AIIB). What is India’s stake in the bank’s shares in

AIIB 8.52%

BANKING GK-2016

SHINE SCHOOL OF BANKING-9600527687

21. A savings as well as current account should be

treated as inoperative / dormant if there are no

transactions in the account for over a period of

years-Two

22. According to the World Bank Report, which

among the following states has topped in ease of

doing business in India? Gujarat

23. In CDR, “R” stands for - Restructuring

Corporate Debt Restructuring (“CDR”)

24. A measurement of a country’s trade in which the

value of goods and services it imports exceeds the

value of goods and services it exports is known as -

Current Account Deficit

25. If one is not satisfied with the decision passed by

the Banking Ombudsman, one can approach the

appellate authority to -Deputy Governor of the

RBI

26. The revised Financial Sector Legislative

Reforms Commission (FSLRC) report which was

released by the Finance Ministry proposes to

subsume a number of existing sector specific

financial regulators (SEBI, IRDA, PFRDA, FMC)

into a Unified Financial Authority (UFA). FSLRC is

headed by-

BN Srikrishna

27. National Investment and Infrastructure Fund

(NIIF) is a fund created by the Government of India

for enhancing infrastructure financing in the

country. To be operational by the year end, the

headquarter of NIIF located in - Mumbai

28. The committee on Urban Cooperative Bank

(UCB) which is headed by R. Gandhi (Deputy

Governor of RBI) has recommended that UCBs with

business size more than ____ be allowed to convert

into universal commercial banks

Rs. 20,000 cr

29. In Deposits Account “KYC” (Know Your

Customer) has been implemented in 2002 as per

directive of- RBI

30. Which of the following indexes used as the key

measure of inflation in India? Consumer Price

Index

31. Who among the following names as the first

President of New Development Bank of BRICS

nations? K. V. Kamath

32. The SARFAESI Act 2002 empowers Banks /

Financial Institutions to recover their non-

performing assets (bad loans) without the

intervention of the Court. In “SARFAESI” second

“S” stands for - Security. (The Securitization and

Reconstruction of Financial Assets and

Enforcement of Security Interest Act, 2002

(SARFAESI))

33. The Reserve Bank of India (RBI) doubled the

limit for cash withdrawal at points of sale (PoS) in

tier III to VI cities Rs.1000 to Rs.2000

34. The mobile banking app “LIME” has been

launched by which of the following banks? Axis

Bank.

35. Reserve Bank of India (RBI) declared State

Bank of India (SBI) and ICICI Bank as D – SIBs.

What is the expand form as D – SIBs? Domestic

Systemically Important Banks

36.Union Government has decided to set up a Bank

Board Bureau (BBB) to monitor key performance

indicators of two dozen public sector banks (PSBs).

BBB will start functioning from - 1st April 2016.

37.India and United States have signed Inter

Governmental Agreement to implement the

FATCA. This agreement will promote transparency

on tax matters. Expand the term FATCA- Foreign

Account Tax Compliance Act

38.Union Government has launched Indra dhanush

Mission to revamp functioning of public sector

BANKING GK-2016

SHINE SCHOOL OF BANKING-9600527687

banks (PSBs). How many pronged plan has been

classified in Indra dhanush Mission 7

39. The Employees Provident Fund Organization

(EPFO) increased the life insurance cover of its

subscribers from 3.6 lakh to 6 lakh

40. What is the full form of CVV Card?

Verification Value

41. In what denominations Commercial Paper (CP)

can be issued Rs. 5 lakh

42. What is the loan limit for education under

priority sector for studies abroad 20 lakh

43. Reserve Bank will issue ___bank notes with 3

additional features to aid the visually impaired in

identification. - Reserve Bank will issue Rs 500

and Rs 1,000 bank notes with 3 additional

features to aid the visually impaired in

identification.

44. Foreign exchange Reserves in India are kept in

the custody of Reserve Bank of India

45. Simply click a card launched by SBI special for

- Online Shopping.

46. Under which service, customers may access their

bank account and perform basic transactions from

any of the member branch offices.

Core Banking Solution (CBS)

47. Exchange of cash flow in different currency is

known as Currency Swap

48. Assets or loans which stop performing after 90

days is known as- Non Performing Asset (NPA)

49. Who controls the Monetary Policy in India? RBI

(Reserve Bank of India)

50. Which card is issued by NPCI (National

Payments Corporation of India)? RuPay Card

TEST-3

1. Definition of Current Account deficit-

A measurement of a country's trade in which the

value of goods and services it imports exceeds the

value of goods and services it exports.

2. Know Your Customer (KYC) guidelines are

issued under- Section 35A of the Banking

Regulation Act, 1949

3. Union Railway Minister Suresh Prabhu on 17

August 2016 announced 4 new series of trains to be

operational in the next couple of months. What are

the names of these trains which were first proposed

on the Rail Budget? – Antyodaya Express,

Humsafar Express, Tejas Express and UDAY

Express

4.In BSBDA (Basic Savings Bank Deposit Account)

the balance at any point of time does not exceed

rupees- Rs. 50,000

5. In BSBDA (Basic Savings Bank Deposit

Account) the withdrawals and transfers in a month

does not exceed rupees Rs. 10,000

6. In what denominations Commercial Paper (CP)

can be issued? Rs. 5 lakh

7. What is the minimum denomination of Treasury

bills to issue in India? Rs. 25,000

8. Who cannot issue Certificate of Deposit (CD)?

Regional Rural Banks (RRBs) and Local Area

Banks (LABs)

9. Depositor Education and Awareness Fund

(DEAF) is maintained with - RBI

10. Cash Reserve Ratio (CRR) is the amount of

funds that the banks have to keep with-Central

Bank (RBI)

11. What is the maximum amount per transaction

NEFT limit for cash-based remittances to Nepal?

Rs. 50,000

BANKING GK-2016

SHINE SCHOOL OF BANKING-9600527687

12. Commercial Paper (CP) is an unsecured money

market instrument issued in the form of a

Promissory note.

13. What is the upper limit in Public Provident Fund

(PPF)? Rs. 1.5 lakhs

14. As per RBI guidelines, with effect from April 1,

2012, the validity period of Cheques, Demand

Drafts, Pay Orders and Banker's Cheques is

3 months

15. What is the time limit for an asset or loan to be

declared as Non-Performing Asset? 90 days

16. Deposit Insurance and Credit Guarantee

Corporation (DICGC) does not cover- Primary co-

operative societies

17. RBI measure to liquidate the market- Repo rate.

18. Fastest mode of transaction-RTGS

19. Alphanumeric code on Cheque is known as-

Indian Financial System Code (IFSC)

20. Bank pays interest on savings account? Daily

Basis

21. What is the loan limit for education under

priority sector for studies abroad? Rs. 20 lakh

22. RuPay Card is an Indian version of credit/debit

card is launched by which organization - NPCI

(National Payments Corporation of India)

23. Fixed Deposit (FD) Account may be opened for

a minimum period of - 7 days

24. Former FIFA president Joao Have Lange passed

away at the age of 100 on 16 August 2016. He was

an iconic sports administrator of which country?

– Brazil

25. The Banks has converted all ‘no - frills'

accounts’ into- Basic Savings Bank Deposit

Accounts

26. 'Pradhan Mantri Jan Dhan Yojana' is a Scheme

for- Financial inclusion

27.In CRAR, A stands for -

Assets (Capital to Risk Weighted Assets Ratio)

28. IMPS - Immediate Payment Service is an

interbank electronic instant mobile money transfer

service through mobile phones in India, the facility

is provided by - NPCI (National Payment

Corporation of India)

29. The Central Bank of India has adopted new

measure of inflation: - Consumer Price Index

(CPI)

30. Which state became the first non-BJP state to

ratify the amended GST Bill after this state’s

legislative assembly and council approved the GST

Bill on 16 August 2016? – Bihar

31. How much fee charged to file a complaint under

Banking Ombudsman? - Banking Ombudsman

does not charge any fee

32. Who is the appellate authority in Banking

Ombudsman? - Deputy Governor of RBI

33. If any customer is not satisfied by the decision

of Banking Ombudsman, customer can appeal

against the award before the appellate authority

within how many days from the date of receipt? - 30

days

34. ATMs or Cash Dispensing machine which are

owned and operated by Non-Banking Financial

Companies are called: - White Label ATMs.

35. RBI gave in-principle for banking license to -

IDFC and Bandhan

36. Minimum capital requirement for new banks in

private sector is - Rs. 500 crore

37. A Non-Banking Financial Company (NBFC) is

a company registered under the- Companies Act,

1956

38. Minimum capital requirement for Non-Banking

Financial Company (NBFC) is - Rs. 500 crore

BANKING GK-2016

SHINE SCHOOL OF BANKING-9600527687

39. The NBFCs are allowed to accept/renew public

deposits for a minimum period of- 12 months (and

maximum period of 60 months)

40. Minimum capital requirement for foreign banks

that want to set up operations in India is- Rs. 500

crore

41. What is the minimum paid-up capital

requirement of both small banks and payments

banks in India? Rs. 100 crore

42. RBI extended the timeline for full

implementation of Basel III norms till- 31 March

2019

43. SLR ((Statutory Liquidity Ratio)is the amount a

commercial banks needs to maintain in the form of

______before providing credit to its customers.

cash, or gold, or govt. approved securities

(Bonds)

44. Who issues Treasury bills (T-bills) in India?

Government of India

45. Treasury bills are available for a minimum

amount of- Rs. 25,000

46. Govt. to implement GST (Goods & Services

Tax) new indirect tax regime from - 1st April 2016

47. RBI extends deadline for exchanging pre-2005

currency from December 31, 2015 to – 30 June

2016

48. How much amount RBI allows in 'Tap and pay'

transactions without PIN? - Rs. 2000

49. RBI lifted a ban on carrying Indian bank notes

of Rs 1,000 and Rs.500 denominations to and from

-Nepal and Bhutan

50. Pension scheme for unorganized sector

- Swavalamban

TEST-4

1. Forward Market Commission merge with SEBI

2. Purpose of starting Minor account for 10 years

children- Financial inclusion

3. Bank of International Settlement headquarter-

Switzerland

4. IFRS full form- International Financial

Reporting Standards

5. Corporate Social Responsibility committee

headed is by - Anil Baijal

6. How much amount of money can RBI lend to a

bank? 2% of NDTL

7. What RBI does to Increase its Monetary Base -

OMO Open Market Operations

8. After completion of 15 years, Public Provident

Fund (PPF) can be extended up to how many years?

5 years

9. Minimum limit for medium scale enterprises is

Rs. 5 Cr. what is maximum limit? 10 Cr.

10. If RBI reduces CRR, what happens- Credit

Supply increases, loans get cheaper

11. Teaser rates are related to which type of loans -

Home loans

12. What is Teaser loan? If a bank offers a slightly

lower rate in the initial years and higher rate in

later years, it is called a teaser loan.

13.The RBI policy rate which is purely an indicative

rate used by RBI to signal long term outlook on

interest rates is- Bank rate

14. The term ‘pre – shipment’ finance relates to-

export credit

15. A receipt listed in India and traded in rupees

declaring ownership of shares of a foreign company-

Indian Depository Receipt (IDR)

BANKING GK-2016

SHINE SCHOOL OF BANKING-9600527687

16. With effect from July 2012, for calculating of

lending rates, the RBI has advised banks to switch

over to the - Base Rate systems

17. “Lender of the Last Resort” by Banks is known

as- RBI

18. In banking business, when the borrowers avail a

term Loan, initially they are given a repayment

holiday and this is referred as

Moratorium

19. A worldwide financial messaging network

which exchanges between banks and financial

institutions is known as - Structured Financial

Messaging System (SFMS)

20. In which of the following fund transfer

mechanisms, can funds be moved from one bank to

another and where the transaction is settled instantly

without being bunched with any other transaction? -

RTGS

21. Bad advances of a Bank are called-

Non – performing Asset

22. By increasing repo rate, the economy may

observe the following effects - rate of interest on

loans and advances will be costlier

23. Increased interest rates, as is existing in the

economy at present will - mean higher cost of raw

materials

24.The sole authority to issue and manage currency

in India - RBI

25.ASBA scheme is related to the purchase of: IPO

26.The most powerful tool used by the Reserve

Bank of India to control inflation is to- raise interest

rates

27.NEFT and RTGS in banking terminology speak

of- electronic fund transfer from bank to bank

28.The ownership of public sector banks rests:

jointly with the Government of India and the

shareholders from the public

29. First Indian Bank to introduce credit card-

Central Bank of India

30. Which Committee has been set up to study

banking customer services by RBI? Damodaran

Committee

31. The term “Balance of Trade” means?

The difference between the value of the imports

and exports of a country

32. The term “bank money” is used to denote?

demand deposits used as money, i.e. deposits

withdraw able by cheques

33.More number of banks’ branches are located in?

Rural areas

34. Export Credit Packing Advance sanctioned to

SSI exporters are covered under the credit guarantee

scheme of - ECGC

35.Who has been appointed as the new chairman of

CBDT? Rani Singh Nair

34.Which among the following sections of the

people is not financially excluded? Salaried

persons

35).Among the following which is the best

alternative banking service to branch banking to be

the part of Financial Inclusion?

Mobile Banking

36.The Central Government has extended the cover

of Rashtriya Swastya Bhima Yozana (RSBY) to

Beedi Workers and - Domestic Workers

37.Among the following which bank has the lowest

lending levels in the _______ part of India. - North-

Eastern

38.Which of the following is an effort in the

direction of the financial Inclusion? No-Frills

Accounts

BANKING GK-2016

SHINE SCHOOL OF BANKING-9600527687

39.The Financial Assistance or loans of Rs.10000 by

a bank to a small borrower will be called-Micro

Finance

40.The Rashtriya Mahila Kosh (RMK) is working

exclusively for- Poor Women

41).Which among the following has initially

launched the SHG Bank Linkage

Programme? NABARD

42).What is not an innovation likely to explain the

high repayment rates of Micro Credit Programmes?

Strong competition between numerous Micro

Credit Programmes to reduce interest rates.

43. Which state is called the ‘Cradle of Banking’ in

India, as seven leading banks of India have

originated from this state? Karnataka

44. Which of the following products specifically

launched by the Dena Bank provides the facility of

internet banking to the clients of the bank?

Dena i connect

45. In India the inflation is calculated on the basis of

which of the following indexes? Consumer Price

Index (CPI)

46. As per the reports published in various journals

and newspapers the “small borrowers” in rural areas

still prefer to take informal route for their credit

needs. Which of the following is the “informal

route” of credit in financial sector? Money lender

47. The “Stand Up India” is aimed at promoting

entrepreneurship among women and scheduled

castes and tribes. The bank loans under the scheme

shall be referenced to SIDBI

48. Which country during April 2016 became the

189th and the latest member of the IMF and the

World Bank? Nauru

49. What is the new name of the Department of

Disinvestment as announced by the Union

Government during April 2016? –

Department of Investment and Public Asset

Management (DIPAM)

50. According to RBI guidelines the term ‘bulk

deposit’ is used for single rupee term deposit of

Rs.1 crore and above

TEST-5

1. SBI card is going to launch a co-branded credit

cards for the customers of private sector bank-

South Indian Bank

2. Times Internet has partnered with which Bank to

launch co-branded Debit Card?

HDFC Bank

3. Which bank has launched USSD based mobile

app for basic banking needs with NPCI - Union

Bank of India

4. FRBM stands for - Fiscal Responsibility &

Budget Management

5. India Millennium deposit Scheme was introduced

by - SBI

6. How much amount RBI allows in 'Tap and pay'

transactions without PIN- Rs. 2000

7. RBI lifted a ban on carrying Indian bank notes of

Rs 1,000 and Rs. 500 denominations to and from:

Nepal and Bhutan

BANKING GK-2016

SHINE SCHOOL OF BANKING-9600527687

8. IFRS full form: International Financial

Reporting Standards

9. The Cabinet Committee on Economic Affairs

(CCEA) gave ex post facto approval to increase the

foreign investment limit in YES Bank to percent -

74%

10. Kolhapur-headquartered RBL Bank, the first

private sector lender to hit capital market in a

decade, will open its three-day public issue for

subscription on August 19.

11.The First SAARC Young Parliamentarians

Conference begins in - Islamabad, Pakistan.

12. Bank of India plans to tap retail investors for the

issuance of additional tier-I bonds (AT1) to

strengthen capital adequacy ratio

13. The Reserve Bank of India (RBI) has imposed

penalties of up to Rs.5 Lakh on 4 cooperative banks

for violation of norms.

14. SBI directs five associate banks to clean up

books before proposed merger

15. Finance ministry asks state-run banks to

strengthen IT systems against cyber threats

16. Country’s third largest private sector lender Axis

Bank said it is ready with a Unified Payments

Interface (UPI) app, while it also announced a tie-

up with digital payments company Free charge for

it.

17. Credit growth of scheduled commercial banks

was at 9.2 per cent in the quarter ended March 2016,

led by good performance of private sector lenders,

according to a report by the Reserve Bank of India

(RBI).

18. State Bank of India (SBI) has launched a

payment system at its ATMs which will allow the

account holders to transfer the money by using the

mobile phone number as an identifier. This

payment facility system works on instant money

transfer (IMT) platform

19. GST bill passed in Rajya Sabha on August 3,

2016.

20. Corporation Bank has launched a new facility

called ‘Green PIN’. This is an online module for

generation of Personal Identification Number (PIN)

for credit card holders.

21. The Reserve Bank of India (RBI) has imposed a

penalty of five crore rupees on Bank of Baroda in

the alleged Rs.6,100-crore forex related

irregularities that were observed in October.

22. Which company has claimed to become the first

domestic company to launch high performance

bullet proof steels largely used in defence sector?

Essar Steel

23. Union Government relaxed how many % in

Foreign Direct Investment policies in the sectors

such as Defence and Civil aviation? 100%

24. How much amount is going to be disbursed by

banks under Pradhan Mantri Mudra Yojana in

FY’17? Rs 1.80 lakh crore

25. Lt. Governor of Puducherry Kiran Bedi has

launched a mobile App named _____ SOS App to

provide one click emergency services to senior

citizens- Help Age

26. Union Human Resource Development minister

taken a steps to cultivate reading habits among

children through a scheme – VIDYANJALI

27. Which Company has bagged an order worth 130

million Euro to set up a high voltage direct current

link to connect power supply networks of India and

Bangladesh? – Siemens

28. Aadhar Housing Finance Ltd is going to be

merged with -DHFL Vysya Housing Finance Ltd

BANKING GK-2016

SHINE SCHOOL OF BANKING-9600527687

29. Which of the following banks has planned to

commence urban microfinance operations in its 85

branches across the country? Axis Bank

30. Who released a book titled “The Birds of Banni

Grassland” in New Delhi on June 28? Narendra

Modi

31. AC Milan has recently appointed former

Fiorentina and Sampdoria boss ___ as their new

manager on a two-year contract. -Vincenzo

Montella

32. The annual meeting of the Asian Development

Bank (ADB) was held recently in which city?

Frankfurt

33. _______ was honored with a special statue by

the Switzerland govt. recently - Late Yash Chopra

34. The State bank of India has entered into alliance

with which of the following companies to provide

the acceptance of latter’s card in India? American

Express

35. BT had decided to increase benefits under the

Employees’ Deposit Linked Insurance

(EDLI)scheme from Rs. 3.6 lakh to - Rs 6 lakh

36. Which private sector scheduled commercial

bank starts India’s first Aadhaar-based ATM?-

Development Credit Bank (DCB Bank Ltd)

37. The ACC have approved the appointment of N S

Vishwanathan as Deputy Governor of RBI. He shall

be appointed in place of- H.R.Khan

38. What is the full form of MTCR related to

Millitary Technology? - Missile Technology

Control Regime

39. Who has been appointed as Director of Bharti

Airtel’s B2B operations? Ashok Ganapathy

40. Which company has developed SEBI’s new

enterprise portal? Tech Mahindra

41. Which of the following Bank has signed a

memorandum of understanding (MoU) with Jain

Farm Fresh Foods Ltd (a subsidiary of Jain

Irrigation Systems Ltd) to help farmers? State Bank

of India

42. Which bank has launched debit card-less instant

money transfer facility? SBI

43. The state assembly of which of the following

states recently passed a resolution against the

proposed merger of the State Bank of Travancore

(SBT) with SBI? Kerala

44. Which of the following Indian- American

politician has been nominated by the US Senate to

the post of Executive Director to the Asian

Development Bank? Swati Dandekar

45. According to the World Investment Report of

UNCTAD, what is India’s position of largest

recipient of FDI around the world? Tenth

46.Who has been appointed as the new chairperson

of the Central Board of Direct Taxes (CBDT)?

Rani Nair

47. Government has allocated how much capital to

13 public sector banks for the current fiscal recently?

22,915 crore

48. Which of the following private sector Banks has

announced a 60 basis point (0.60 per cent) reduction

in micro loan lending rates recently? Bandhan

Bank

49. Snapdeal, is likely to buy a fashion e-tailor

company, the name of company is-Jabong

50. A multi-lateral lending agency, made an

agreement with India for 100 million $ for Urban

Water Supply Modernisation Project. The agency is-

World Bank

CEAT CRICKET AWARDS 2016 FULL

WINNERS LIST:

Lifetime Achievement Award – Dilip Vengsarkar

International Cricketer of the Year – Joe Root

International Batsman of the Year – Joe Root

BANKING GK-2016

SHINE SCHOOL OF BANKING-9600527687

International Bowler of the Year – R Ashwin

Test Cricketer of the Year – Kane Williamson

ODI Cricketer of the Year – Martin Guptill

T20 Player of the Year – Virat Kohli

Indian Cricketer of the Year –Rohit Sharma

Domestic Cricketer of the Year – Shreyas Iyer

Young Player of the Year – Rishabh Pant

Special Award – Ajinkya Rahane

VENUES OF UPCOMING SPORTS EVENTS

Summer Olympics

2012 – London, UK 2016 – Rio de Janeiro, Brazil 2020 – Tokyo, Japan

Winter Olympics

2014 – Sochi, Russia

2018 – Pyeongchang, South Korea

2022 – Beijing, China

Commonwealth Games

2010 – New Delhi, India

2014 – Glasgow, Scotland, U.K.

2018 – Gold Coast, Queensland, Australia

2022- Durban, South Africa

Asian Games

2014 – Incheon, South Korea

2018 – Jakarta, Indonesia

2022- Hangzhou, China

Hockey World Cup

2010 – New Delhi, India (Winner- Australia)

2014 – The Hague, Netherlands (Winner-

Australia)

2018 – New Delhi, India

Women Hockey World Cup

2010 – Argentina (Winner- Argentina)

2014 – The Hague, Netherlands (Winner-

Netherlands)

2018 – London, England

FIFA World Cup

2010 – South Africa (Winner- Spain)

2014 – Brazil (Winner- Germany)

2018 – Russia

2022 – Qatar

Women Football World Cup

2011 – Germany (Winner – Japan)

2015 – Canada (Winner – United States)

2019 – France

ICC Cricket World Cup

2011 – India, Bangladesh & Sri Lanka (

Winner- India)

2015 – Australia and New Zealand (Winner –

Australia)

2019 – England

2023 – India

Women Cricket World Cup

2013 – India (Winner- Australia)

2017 – England

2021 – New Zealand

ICC World T-20 World Cup

2014 – Bangladesh (Winner- Sri Lanka)

2016 – India (Winner – West Indies)

2018 – Australia

Women ICC World T-20 World Cup

2014 – Bangladesh (Winner- Australia)

2016 – India (Winner – West Indies)

2018 – West Indies

ICC World Test Championship

2017 (1st edition) – England

2021 – India