Banking and financial awareness — RBI and monetary policy, banking institutions, financial markets, government schemes, and current economic affairs.
What is the maturity period for senior citizen savings scheme?
3 years
5 years
2 years
7 years
4 years
Correct answer
3 years
When was RBI nationalized?
1935
1947
1949
1950
1983
Correct answer
1935
Shahid parvez is related to ______.
Sitar
Tabla
Flute
Piano
Shenai
Correct answer
Sitar
The 15-day annual tribal fair or Adivasi Mela started on 26 Jan 2021 in which city?
Bhubaneswar
Kolkata
Nashik
Pune
None of these
Correct answer
Bhubaneswar
The Struggle of My Life is an autobiography of _________.
Sachin Chauhan
Lord Mountbatten
Badshah Khan
Lal Krishna Advani
Chetan Bhagat
Correct answer
Sachin Chauhan
How many banking ombudsman are there in 2019 in India?
22
21
19
23
20
Correct answer
22
In Feb 2021, which of the following organisations released India Energy Outlook 2021?
Ministry of Power
International Energy Agency
Bureau of Energy Efficiency
Central Electricity Authority
Indian Energy Exchange Limited
Correct answer
Ministry of Power
Mashak Rakshak, India’s first standardised medical insurance policy for vector-borne diseases, has been suggested by which of the following?
NITI Aayog
Finance Commission
Ministery of Health and Family Welfare
IRDAI
Finance Ministry
Correct answer
NITI Aayog
According to the Electoral Bonds Scheme 2018, the validity of Electoral Bonds has been defined as ________.
15 days
45 days
30 days
50 days
60 days
Correct answer
15 days
In the Union Budget 2021-22, the govt plans to allow the incorporation of one-person companies with no restriction on paid-up capital and turnover. Which of the following is true regarding this?
Non-resident Indians will also be allowed to incorporate one-person companies in India
This will boost revenues of big companies
The residency limit for an Indian citizen is reduced to set up an OPC from 182 days to 120 days
Only citizens of India will also be allowed to incorporate one-person companies in India
Only 1 and 3
Correct answer
Non-resident Indians will also be allowed to incorporate one-person companies in India
_____________ is looking to tap into as it seeks to encourage people to gift ‘social security’ plans to their loved ones.
Sukanya Samriddhi Yojana
Pradhan Mantri Vaya Vandana Yojana
Jeevan Suraksha Bandhan Yojana
PMJDY
Atal Pension Yojna
Correct answer
Sukanya Samriddhi Yojana
How many General Insurance Companies are there in India?
32
33
34
35
36
Correct answer
32
In Dec 2020, the Bank of Baroda (BoB) has launched the Atmanirbhar Women Scheme as part of its Baroda Gold Loan. Under the scheme, the bank is offering loans at what percent concession for women?
0.25
0.75
0.85
0.50
1.00
Correct answer
0.25
Which of the following banks has introduced a Kisan credit card loan scheme for fishermen in Tamil Nadu?
Canara Bank
HDFC Bank
Indian Bank
Axis Bank
None of the above
Correct answer
Canara Bank
In Jan 2021, which of the following has launched a new feature ‘Safe Pay’ to make digital payments more secure and reduce online payment frauds?
India Post Payment Bank
Google Pay
Airtel Payments Bank
Paytm Payment Bank
PhonePe
Correct answer
India Post Payment Bank
What does 'F' stands for in the scheme PMFBY?
Foreign
Font
Fasal
Fabric
Frontier
Correct answer
Foreign
India and ADB sign USD 231 million loan to augment electricity generation capacity in which of the following state?
Assam
Arunachal Pradesh
Mizoram
West Bengal
None of the above.
Correct answer
Assam
ANBC is the net bank credit plus investments made by banks in non-SLR bonds held in the held-to-maturity category or credit equivalent amount of off-balance-sheet exposure, whichever is higher. What does ‘C’ stand-in ANBC?
Credit
Cash
Category
Commerce
Collateral
Correct answer
Credit
In which of the following years, the Basel - I accord was introduced?
1980
2004
1988
1993
1972
Correct answer
1980
The third pillar of BASEL-II Accord is known as _______.
Market Discipline
Stare Decisis
Exchange Control
Blue Sky Law
Bundle of Rights
Correct answer
Market Discipline
Solving previous year questions by topic helps identify recurring concepts, question patterns, and frequently asked sub-topics. Attempt each question, review the step-by-step explanation, and note down key formulas or facts for quick revision before the exam.