Banking & Current Affairs Quiz Questions for Banking Exam

1). Which pairs of countries and their central banks are not matched correctly?
  • a) Canada-Reserve Bank of Canada
  • b) Switzerland-Swiss National Bank
  • c) UK-Bank of England
  • d) Sri Lanka-Central Bank of Sri Lanka
  • e) China-People’s Bank of China
Ans: (a)

2). Patrick Modiano was awarded the 2014 Noble Prize for _________
  • a) Physics
  • b) Medicine
  • c) Economic Sciences
  • d) Literature
  • e) Chemistry
Ans: (d)

3). _______ Act, 1972 was passed to nationalize the entire general insurance business in India?
  • a) Insurance
  • b) GIBNA
  • c) IRDA
  • d) Companies
  • e) None of these
Ans: (b)

4). Phee Teik Yeoh, is the present CEO _________ in India?
  • a) GoAir
  • b) Indigo Airlines
  • c) Vistara Airlines
  • d) Spicejet
  • e) Jet Airways
Ans: (c)

5). President Pranab Mukherjee visited which of the following countries starting 7 May? He attended the victory day parade in that country.
  • a) China 
  • b) South Korea
  • c) Italy 
  • d) France
  • e) Russia
Ans: (e)

6). There is a change in the base year pushed up the economic growth rate for 2013-14 to 6.9%. The base year for computing national accounts has been revised from 2004-05 to________.
  • a) 2009-10
  • b) 2008-09
  • c) 2006-07
  • d) 2005-06
  • e) 2011-12
Ans: (e)

7). According to Reverse Bank of India, the bad loans of nationalized banks has increased. It also means ____________?
  • a) NPAs of the banks have increased.
  • b) The loan portfolio of these banks shrinked in this period
  • c) Banks lent much in this period.
  • d) Banks have not earned good profit during the period.
  • e) None of these
Ans: (a)

8). Chief Minister of ________, TR Zeliang has won the trust vote in the 60-member Assembly?
  • a) Arunachal Pradesh
  • b) Manipur
  • c) Nagaland
  • d) Tripura
  • e) Mizoram
Ans: (c)

9). A contract of insurance is a contract of ‘indemnity’. This is applicable to all types of insurances except
  • a) Life insurance
  • b) Personal accident insurance
  • c) Sickness insurance
  • d) All the above
  • e) None of these
Ans: (d)

10). Ministry of Commerce and Industry organized The Global Exhibition on Services (GES) on 23-25 April, 2015 at________.
  • a) New Delhi
  • b) Noida
  • c) Hyderabad
  • d) Gurgaon
  • e) Bengaluru
Ans: (a)

11). What is the name of the winter storm that hit US in Jan 2015?
  • a) Juno
  • b) Elena
  • c) Baker
  • d) Katrina
  • e) Camille
Ans: (a)

12). Name the author of the book “The Lowland”, who has won the DSC Prize for Literature, which is one of the South Asia’s top literacy Award?
  • a) Kiran Desai
  • b) Arundhati Roy
  • c) Jhumpa Lahiri
  • d) Anita Desai
  • e) None of these
Ans: (c)

13). What is the committee of FCI, which has recommended reduction in coverage of population form 67 per cent to 40 per cent under the National Food Security Act?
  • a) Manohar Joshi Committee
  • b) Ram Naik Committee
  • c) Vajubhai Vala Committee
  • d) Shanta Kumar Committee
  • e) None of these
Ans: (d)

14). Which of the following statement is correct with respect to buying and maintained an insurance policy?
  • a) A policy can be bought or maintained in electronic as well as paper form simultaneously
  • b) A policy can be bought or maintained only in paper form
  • c) A policy can be bought or maintained only in electronic form
  • d) A policy can be bought or maintained either in electronic or paper form
  • e) None of these
Ans: (d)

15). Which financial institution, established in 1978, which insures all bank deposits, such as savings, fixed, current, and recurring deposits for up to a certain limit?
  • a) GIC
  • b) DICGC
  • c) LIC
  • d) BCSBI
  • e) None of these
Ans: (b)