Latest Banking Awareness MCQ 2015 – 1

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12 Jul, 2015

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Bank Nationalization

Dear Readers, starting today Nirdeshak will give regular Banking MCQs that will cover all the banking and finance related affairs of 2015.

1) The RBI has reduced the benchmark Repo Rate by how many times in year 2015 as on 30 June 2015?

a) Twice

b) Thrice

c) Once

d) None of the above

2) During January 2015 who was named as the first Vice-Chairman of the NITI Aayog (Policy Commission), which replaced Planning Commission?

a) Bibek Debroy

b) Jagdish Bhagwati

c) Arvind Panagariya

d) Arvind Subramaniam

3) During 2015 ING Vysya Bank was merged with which bank resulting in formation of India’s fourth largest private bank?

a) Axis Bank

b) Kotak Mahindra Bank

c) Yes Bank

d) IndusInd Bank

4) What is the correct expansion of AIIB, a multilateral development bank that started its operations from China during 2015?

a) Asian Investment Infrastructure Bank

b) Asian Institute for Infrastructure Banking

c) Asian Investment and Issuance Bank

d) Asian Infrastructure Investment Bank

5) During July 2015 the RBI allowed mass transit system (MTS) operators like Mumbai Metro, Delhi Metro, Indian Railways, etc. to issue pre-paid cards to their customers. What will be the maximum limit of these prepaid instruments as proposed by the RBI?

a) Rs. 2,000

b) Rs. 5000

c) Rs. 1,000

d) Rs. 10,000


Ans : 1) b      2) c        3) b        4) d         5) a


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