“20-20” General Awareness | Crack Dena Bank 2018 Day-10

1). Answer: C

Equitas Small Finance Bank has launched a new ‘Yellow Army Savings Account’ to increase its customer base through its association with the Chennai Super Kings (CSK), a franchise of the Indian Premium League (IPL).

2). Answer: A

The yellow army savings account will offer an interest rate of six per cent per annum for balance below Rs 10 lakh and 6.5 per cent per annum for balance above Rs 10 lakh. The average quarterly balance requirement will be Rs 10,000 per account.

3). Answer: D

The government has fixed the agriculture credit target of 11 lakh crore rupees for the year 2018-19 against last year’s target of 10 lakh crore rupees.

4). Answer: D

Gujarat International Finance Tec-City (GIFT) City, India’s first operational smart city and International Financial Services Centre (IFSC) entered into an MoU with Deloitte Touche Tohmatsu India LLP, which renders consultancy services for mutual cooperation in areas related to international financial services.

5). Answer: D

Core banking is a banking service provided by a group of networked bank branches where customers may access their bank account and perform basic transactions from any of the member branch offices. Core Banking Solutions was launched on the recommendations of Rangarajan Committee.

6). Answer: B

If a bank is unable to refund the short term deposits as funds are locked in long term loans then it is known as Liquidity Risk.

7). Answer: B

An open market operation is an instrument of monetary policy which involves buying or selling of government securities from or to the public and banks. The RBI sells government securities to control the flow of credit and buys government securities to increase credit flow.

8). Answer: E

The International Finance Corporation (IFC), the investment arm of the World Bank, last November, issued a Rs 1,000 crore bond to fund infrastructure projects in India. These bonds were listed on the London Stock Exchange (LSE). IFC then named them Masala bonds to give a local flavour by calling to mind Indian culture and cuisine.

9). Answer: A

If the cheque bears the date later than the date on which it is drawn, is called Post-Dated Cheque. This cheque can not be honoured before the date written on it.

10). Answer: A

When a cheque bears two transverse parallel lines at the left hand of its top corner. Words such as ‘and company’ or any other abbreviation (such as & co.) may be written between these two parallel lines, either with or without words ‘not negotiable’, is called General Crossing.

11). Answer: C

ICO stands for Initial Coin Offerings

12). Answer: C

The headquarters of ICICI Bank is Mumbai

13). Answer: A

The tagline of UCO Bank is “Honours Your Trust”

14). Answer: A

SBI Youth for India (SBI YFI) is a unique, Indian rural development fellowship program initiated, funded and managed by the State Bank of India in partnership with reputed NGOs of the country. It provides a framework for India's bright young minds to join hands with rural communities, empathize with their struggles and connect with their aspirations.

15). Answer: C

MD & CEO of ICICI Bank is Chanda Kochhar

16). Answer: C

Pangolakha Wildlife Sanctuary is a wildlife reserve in the East Sikkim district of the state of Sikkim

17). Answer: B

World Sparrow Day is observed every year on 20 March around the world

18). Answer: D

Ranapratap Sagar Dam located in Rajasthan

19). Answer: A

Kakrapar Atomic Power Station is a nuclear power station in India, which lies in the proximity of the city of Vyara in the state of Gujarat.

20). Answer: E

The Arjuna Awards are given by the Ministry of Youth Affairs and Sports, Government of India to recognize outstanding achievement in sports.

Daily Practice Test Schedule | Good Luck