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Daily Banking Awareness Quiz | 18, 19 and 20 August 2022

Question 1

The licence of which of the following cooperative banks has been cancelled by RBI recently (in third week of August 2022)?

Question 2

Inflation rate based on CPI-AL has increased from 3.92% in July 2021 to ________ in July 2022.

Question 3

Which of the following statements is/are correct?

1. Rajasthan accounted for the largest portion of the total cost of projects approved by banks and financial institutions in 2021–2022.

2. 56.4% of the projects were taken up in Rajasthan, Uttar Pradesh, Gujarat, Maharashtra and Tamil Nadu during 2021-22.

3. The share of top 5 states increased from an average share of 40.7% during 2012-12 and 2019-20 to more than 50% during the last two years.

Select correct answers using codes given below. 

Question 4

Which state is India’s second largest natural rubber producing state?

Question 5

How much percentage Basic Customs Duty will be imposed on mobile handset’s display assembly imported with or without back support?

Question 6

Which of the following banks will felicitate 75 farmers from Kerala under the campaign, ‘Joy of Freedom’?

Question 7

Recently, Financial Services Institutions Bureau (FSIB) has recommended name of Mohammad Mustafa for the post of chairman of which of the following?

Question 8

Recently SEBI has relaxed norms for alternate investment fund (AIF) and venture capital fund (VCF) investments in overseas firms and allowed them to invest in which of the following companies?

I. In companies incorporated in countries that don’t have bilateral MoU with SEBI.

II. In companies incorporated in jurisdictions which are blacklisted or face restrictions by FATF.

III. In companies incorporated in a country whose securities market regulator is a signatory to the IOSCO’s Multilateral Memorandum of Understanding.

Select correct answer using following codes.

Question 9

CBIC has recently increased threshold for launching prosecution and arrest from ₹20 lakh to _________ in case of smuggling.

Question 10

Which of the following companies has won National Corporate Social Responsibility (CSR) Award in education category under CSR Awards for contribution in National Priority Areas category?

Question 11

Which of the following statements is not correct regarding Bal Aadhaar?

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