Quizzes 

Table of Content

Start PIB Quiz of 09th – 10th September 2021

Q.1) Which of the following companies of government of India has launched NAMASYA app to empower MSEs by providing information relevant to MSEs?
Q.2) With which of the following payment banks, LIC housing finance limited has partnered to offer housing loans to its customers?
Q.3) Consider the following statements regarding the PIDF scheme and identify the correct statement/s (1) The fund manager of the scheme is the office of the governor of RBI (2) The current corpus of the fund is Rs.500 Crore (3) A subsidy of 50% to 75% of cost of physical PoS is provided
Q.4) Where has the first Aatma Nirbhar Bharat corner been inaugurated?
Q.5) Which of the following two ministries have recently organized webinar on POSHAN Vatika to alleviate the malnutrition in the country? (1) Ministry of Women and Child Development (2) Ministry of Health and Family Welfare (3) Ministry of AYUSH (4) Ministry of Minority affairs (5) Ministry of Social Justice and empowerment

Start RBI Quiz of 09th – 10th September 2021

Q.1) RBI has put in place some trigger points to assess, monitor, control and take corrective actions on banks which are weak and troubled. The process or mechanism under which such actions are taken is known as Prompt Corrective Action. Which of the following banks are recently under this framework? 1.UCO Bank 2.Indian Overseas Bank 3.Central Bank of India. 4.Bank of India
Q.2) RBI has come up with enhanced directions in relation to storage of card data by entities or other merchants and Tokenisation of these Card Transactions. Identify the correct statements in this regard. 1.Tokenisation refers to replacement of actual card details with an alternate code/random digits/ digital credentials that can’t be stolen or reused. 2.RBI has directed that no entity or merchant, other than card issuers and card networks, should store card details with effect from January 2023. 3.RBI has permitted card issuers to offer card tokenization services as Token Service Providers.
Q.3) The settlement cycle represents the time period within which stock exchanges have to settle security transactions. The Securities market watchdog has extended the option to stock exchanges where they can choose between T+1 and T+2 settlement cycles thereby providing flexibility to stock exchanges. Identify the incorrect statement in this regard. 1.The T+1 settlement cycle will come into effect from January 1, 2022. 2.A stock exchange may choose to offer T+1 settlement cycle on any of the scrips, after giving an advance notice of at least one month, regarding change in the settlement cycle, to all stakeholders 3.After opting for T+1 settlement cycle, the stock exchanges can’t shift back to T+2 settlement cycle.
Q.4) Which of the following central banks have launched ‘Project Dunbar’ under which these banks will test the use of central bank digital currencies for international settlements.
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About Anuj Jindal

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Anuj Jindal, the founder, is an ex-manager from SBI, with an M.Com from Delhi School of Economics. He also has a JRF in Commerce & Management and NET in HRM, along with more than 4 years of experience in the field of Education.

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