Time Left - 07:00 mins

Weekly Financial Awareness Quiz for SBI PO & other upcoming exams

Attempt now to get your rank among 9148 students!

Question 1

Which of the following NBFC has launched ‘myLoan’ App?

Question 2

Hyperinflation occurs when ____?

Question 3

Which of the following Bank has announced the launch of 'ELA' (Electronic Live Assistant), a virtual assistant for customer support and services?

Question 4

4 slabs have been approved for GST (Goods and Service Tax). These are?

Question 5

Which among the following are the beneficiaries of the Reverse Mortgage Scheme?

Question 6

Which of the following authority has announced 30% increase in Holiday Allowance for employees who work on weekends and holidays?

Question 7

Microcredit concentrates on

Question 8

Union Government has announced the constitution of a new board, ‘NBEM’. What does E stand for in NBEM?

Question 9

‘Buyer Initiated Payments’ has been launched by which among the following organisation?

Question 10

As per the survey of Credit Suisse, the most preferred market is?

Question 11

The Central Board of Excise and Customs (CBEC) has launched a mobile application for Goods and Services Tax. Taxpayers can readily access a host of GST information. Which of the following statements are true about it?
A) Migration to GST-Approach and guidelines for migration
B) Draft Law-Model GST Law, IGST Law and GST Compensation law
C) Draft Rules-Rules related to Registration, Returns, Payment, Refund and Invoice
D) Various resources on GST such a videos, articles etc
E) Related website links, FAQs, Help desk/email contact

Question 12

For a Public Provident Fund (PPF) account, what is the maximum amount that can be deposited in a year?

Question 13

Which of the following terms defines the insurance which is related to splitting or spreading of risk among different/ multiple parties?

Question 14

Which one of the following is a Credit Card Association?

Question 15

As we have noticed many banks are now entering into Insurance business. Why are Banks entering into this sector particularly when many insurance companies are already there in India?
(A) By providing insurance products banks are earning additional revenue in terms of fee/commission.
(B) Banks with their huge customer base are leveraging on their existing relationship to convert customers into policyholders.
(C) With increase of health related problems, everybody wants an insurance cover no matter how big or small it is. Banks are coming up with many attractive offers, which are also affordable.
  • 9148 attempts
  • 92 upvotes
  • 265 comments
Dec 16PO, Clerk, SO, Insurance