Banking Awareness Based on Risk Management | Daily Banking Awareness Quiz

Banking Awareness Based on Risk Management

 | Daily Banking Awareness Quiz 

Banking Awareness is the most important subject in the mains examinations of bank and insurance exams.  Risk Management Quiz is a very vital topic of the Banking awareness section. Risk Management Quiz is a very scoring topic. We are providing  Risk Management quiz based on the banking awareness syllabus. This  Risk Management Quiz provided on our website can be helpful for different exams such as IBPS PO, SBI PO, RRB PO, IBPS clerk, SBI clerk. This Risk Management Quiz on our website comes with analysis and explanation highlighting important areas of Banking awareness.

Q1.Economic survey is presented by-
(a)Ministry of Finance
(b)RBI
(c)CSO
(d)Parliament
(e)None of the above

Answer & Explanation
Ans.1.(a)
Exp.Economic Survey, presented in the Parliament ahead of the Union Budget, is the Ministry of Finance’s flagship document.

Q2.The Economic Survey is prepared under the guidance of-
(a)RBI Governor
(b)Minister of Finance
(c)Chief Economic Advisor
(d)President
(e)Vice-President

Answer & Explanation
Ans.2.(c)
Exp.The Economic Survey is prepared under the guidance of Chief Economic Advisor

Q3.The first Economic Survey was presented in which year?
(a)1946-47
(b)1948-49
(c)1949-50
(d)1950-51
(e)1952-53

Answer & Explanation
Ans.3.(d)
Exp.The first Economic Survey was presented in the year 1950-51.

Q4.India has the ________ largest entrepreneurship ecosystem in the world-
(a)2nd
(b)3rd
(c)4th
(d)5th
(e)6th

Answer & Explanation
Ans.4.(b)
Exp.India has the 3rd largest entrepreneurship ecosystem in the world ahead of the countries such as Brazil and South Korea.

Q5.According to economic survey 2020, The year 2019 marked the golden jubilee year of-
(a)Privatisation
(b)Globalisation
(c)Quit India Movement
(d)Disinvestment
(e)Bank Nationalisation

Answer & Explanation
Ans.5.(e)
Exp.The year 2019 marked the golden jubilee year of Bank Nationalisation.

Q6.According to the Economic Survey of India 2020, ___________ new companies were formed in 2018-
(a)1,00,000
(b)1,24,000
(c)1,35,000
(d)1,56,000
(e)1,70,000

Answer & Explanation
Ans.6.(b)
Exp.According to the Economic Survey of India 2020, 1,24,000 new companies were formed in 2018.

Q7.According to the Economic Survey of India 2020, To achieve the GDP of USD 5 trillion by __________ , India needs to spend about USD 1.4 trillion on infrastructure.
(a)2021-22
(b)2022-23
(c)2023-24
(d)2024-25
(e)2025-26

Answer & Explanation
Ans.7.(d)
Exp.According to the Economic Survey of India 2020, To achieve the GDP of USD 5 trillion by 2024-25, India needs to spend about USD 1.4 trillion on infrastructure.

Q8.According to the Economic Survey of India 2020, To ease the strain on existing airport capacities, how many more airports are to be made operational by FY2023-24?
(a)100
(b)90
(c)75
(d)50
(e)35

Answer & Explanation
Ans.8.(a)
Exp.According to the Economic Survey of India 2020, To ease the strain on existing airport capacities, 100 more airports are to be made operational by FY2023-24.

Q9.The Economic Survey 2020 used the term ________ to describe economics of “a plate of food in India”
(a)Platonomics
(b)Nutrionomics
(c)Thalinomics
(d)Khanomics
(e)Earthonomics

Answer & Explanation
Ans.9.(c)
Exp.The Economic Survey 2020 used the term ‘Thalinomics’ to describe economics of a plate of food in India. It throws light upon the price paid by a person for a Thali in India anywhere

Q10.What was the over-arching theme of Economic Survey 2019-20?
(a)Women Empowerment
(b)Inflation Control
(c)Money Multiplier
(d)Public Welfare
(e)Wealth Creation

Answer & Explanation
Ans.10.(e)
Exp.The over-arching theme of Economic Survey 2019-20 was Wealth Creation

 

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