Practice Test


1) The Reserve Bank of India barred which of the following bank from doing business for six
months?


2) Which bank has revised the service charges for deposits, cash withdrawals, non-maintenance
in Average Monthly Balance (AMB) from October 1, 2019?


3) Who has launched Aadhaar Enabled Payment System (AePS) Services recently?


4) Name the new Export Credit Insurance Scheme (ECIS) launched by Export Credit Guarantee
Corporation (ECGC) to ease the lending of loan to exporters.


5) Which Payment bank has launched “Bharosa” savings account services by which customer
can get personal accident insurance up to Rs 5 Lakh, even with the minimum balance of
Rs.500?


6) Which Bank’s president, Take hiko Nakao has announced his resignation effective from
January 16, 2020?


7) Who will head the committee constituted by Securities and Exchange Board of India(SEBI)
to suggest possible measures and regulations in creating the ‘social stock exchanges’ ?


8) Who headed the expert committee that recommended Reserve Bank of India (RBI) to revise
the guidelines on concurrent audit system?


9) What is the increased loan limit for small exporters sanctioned by Reserve Bank of India (RBI)
in order to boost credit to the export sector?


10) Who was appointed as the Managing Director (MD) and Chief Executive Officer (CEO) of
Federal Bank?


11) In Budget 2020-21,How much percentage is raised for customs duty on auto and auto parts ?


12) How much amount is announced for national infrastructure pipeline projects, in budget 2020-21 ?


13) How many higher education institute will have apprenticeship program by march 2021 ?


14) As per latest Budget 2020-21 , Where does the tribal museum is going to set up ?


15) As per budget 2020-21 , By which year Milk Processing Capacity to be doubled ?


16) Which of the following bank's stake is sold to Private Investors ?


17) How many tax payers have been added in GST ?


18) Which is not among the 3 themes of budget 2020-21 ?


19) which scheme has been launched for women self-help group in the budget ?


20) How many empaneled hospital are there currently in Ayushman Bharat Scheme ?


21) For faster claims settlement of Exporters, which scheme has been launched ?


22) Five archaeological sites will be up with museum . Which is not one of the site ?


23) Deposit insurance cover has been hiked from Rs. 1 lakh to what amount ?


24) Government has decided to raise capital in LIC . It will done through which method ?


25) Which scheme has been launched to clear 4.83 direct tax cases pending in various forums ?


26) ICICI Bank announced expansion of its retail network in the country by adding how many new branches in FY'20 ?


27) NEFT stands for ?


28) Who presented the first union budget of Independent India ?


29) Which of the following tax has been abolished in budget for FY 2020-21 ?


30) In union budget 2020-21, The union government is set to launched 'Vivaad se vishwas' scheme . What is the main agenda of the scheme ?


31) Which document will be issued instantly based on AADHAR details ?


32) Which of the following is not a component of aspirational india in budget 2020-21 ?


33) What is the new income tax percentage for income bracket 12.5-15 lakh ?


34) Which of the following Archaelogical sites will be given iconic status ?


35) In budget 2020-21 , the turnover threshold for audit of MSMEs has been increased from 1 crore to _


36) As per the budget 2020, india is set to become $ 5 trillion economy by the end of ?


37) DICGC stands for


38) Deposit Insurance Coverage for a depositor, is now increased from Rs .........to Rs ..................per depositor .


39) Which of the following banks will merge together to form the country's second-largest lender.


40) Which of the following banks will merge together to create the fourth largest public sector bank


41) In order to promote growth and investment , a new provision has been inserted in the income-tax Act with effect from FY 2019-20 which allows any domestic company an option to pay income-tax at the rate of ...............subject to condition that they will not avail any exemption / incentive .


42) In order to attract fresh investment in manufacturing and therby provide boost to 'make-in-India' intiative of the Government, another new provision has been inserted in the Income-tax Act with effect from FY 2019-20 which allows any new domestic company incorporated on or after 1st October 2019 making fresh investment in manufacturing , an option to pay income-tax at the rate of ..................


43) Which bank has revised the service charges for deposits, cash withdrawals, non-maintenance in Average Monthly Balance [ AMB ] from October 1, 2019 ?


44) Who was appointed as the managing Director [ MD ] and Chief Executive Officer [ CEO ] of federal Bank ?


45) Chalasani Venkat Nageswar has been given the additional charge of deputy MD and CFO of which leading bank ?


46) The Union Government has proposed to create how many self Help Groups by 2022 to support women to earn livlihood ?


47) The RBI has issued a withdrawal limit of Rs 50,000 for the account holders of which bank?


48) Rajeev Suri has announced his resignation as the CEO and President of which multinational telecommunications and information technology company ?


49) Which court lifted RBI's ban on trading in virtual currencies ?


50) According to the RBI notification, who will sign the new one Rupee currency note ?