Banking Awareness Quiz: Set 123

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Welcome to the 2020 Daily Banking Awareness Quiz Question & Answers Section of ExamsCart. Banking Awareness Quiz will Boost Your Banking Awareness Section.

The Banking Awareness Section of Banking Exams covers various segments in it like Banking Awareness, Static GK, In any case, the most imperative thing that you may have seen is that both the Banking Awareness and Static Awareness questions asked in the Banking Awareness Section depend on Current Banking Affairs as it were.

Here is a test on Banking Awareness to give you a chance to survey your Banking Awareness Knowledge. This post contains important Banking Awareness Quiz. A brief explanation of every Quiz is provided to further enhance your general knowledge. 

Banking Awareness Topics:

1. History of Banking in India
2. Banking Structure in India
3. About the Reserve Bank of India
4. Cooperative Banks in India
5. Subsidiaries of RBI
6. Banking Saving Schemes Overview
7. Currency and Coins in India
8. Bank Note Features
9. RBI as Banker to the Government
10. Ways and Means Advances (WMA)
11. All about Payments Bank
12. All about Small Finance Bank
13. T-bills vs Commercial Paper vs Certificate of Deposit
14. Overview of Payment Systems in India and NPCI
15. NEFT vs RTGS vs IMPS
16. Payment System by NPCI- UPI, BHIM, RuPay, BBPS
17. Cheques its types and Crossing of Cheques
18. List of Banking Abbreviation for Banking Exams
19. Banking Ombudsman Scheme and Ombudsman Scheme for Digital Transactions
20. Monetary Policy Rate: CRR, SLR, Repo, Reverse Repo, MSF
21. Priority Sector Lending
22. Priority Sector Lending Certificates
23. Basic Savings Bank Deposit Account (BSBDA)
24. Debt and Equity Market
25. Mergers of Banks with Year
26. Non-Performing Asset (NPA)
27. Liberalised Remittance Scheme (LRS)
28. Prepaid Payment Instruments (PPIs)
29. Important Points on Bank Deposits and Banking Matters

Banking Quiz for Bank Exam : Set 123

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1. Answered
2. Review

1. Question 1 of 10

   1. Question

   1 points

   The Reserve Bank of India was established on April 1, 1935 in accordance with the provisions of the Reserve Bank of India Act, ______.

   • Reserve Bank of India Act, 1934
   • Reserve Bank of India Act, 1936
   • Reserve Bank of India Act, 1930
   • Reserve Bank of India Act, 1945
   • None of these
   Correct
   

   Incorrect
   
2. Question 2 of 10

   2. Question

   1 points

   DICGC insures all bank deposits, such as saving, fixed, current, recurring deposit for up to the limit of Rs. __________.

   • 500,000
   • 100,000
   • 200,000
   • 400,000
   • 10,00,000
   Correct
   

   Incorrect
   
3. Question 3 of 10

   3. Question

   1 points

   RBI (Reserve Bank of India) has made changes to the Prepaid Payment Instruments (PPI) also know as ______.

   • m-paisa
   • m-wallets
   • e-wallets
   • BHIM
   • None of these
   Correct
   

   Incorrect
   
4. Question 4 of 10

   4. Question

   1 points

   If the drawer mentions a date prior to the current date on the cheque, it is called _____.

   • Mutilated Cheque
   • Stale Cheque
   • Post Dated Cheque
   • Ante Dated Cheque
   • Account Payee Cheque
   Correct
   

   Incorrect
   
5. Question 5 of 10

   5. Question

   1 points

   ________ is an unsecured short-term debt instrument issued by corporations.

   • Commercial Paper
   • Certificate of Deposits
   • Treasury Bills
   • Term Bills
   • None of these
   Correct
   

   Incorrect
   
6. Question 6 of 10

   6. Question

   1 points

   Maximum permissible investment in Sovereign Gold Bond Scheme will be _____ of gold for HUF.

   • 2 KG
   • 4 KG
   • 5 KG
   • 10 KG
   • No Limit
   Correct
   

   Incorrect
   
7. Question 7 of 10

   7. Question

   1 points

   The headquarters of Corporation Bank is located in which city?

   • Mangalore
   • Bengaluru
   • Chennai
   • Gurugram
   • New Delhi
   Correct
   

   Incorrect
   
8. Question 8 of 10

   8. Question

   1 points

   The tagline of Punjab National Bank is _______.

   • One Family One Bank
   • Together We Can
   • A Premier Public-Sector Bank
   • Relationship Beyond Banking
   • The Name You Can Bank Upon
   Correct
   

   Incorrect
   
9. Question 9 of 10

   9. Question

   1 points

   The headquarters of Vijaya Bank is located in which city?

   • Mumbai
   • Kolkata
   • Gurugram
   • New Delhi
   • Bengaluru
   Correct
   

   Incorrect
   
10. Question 10 of 10

    10. Question

    1 points

    The base colour of the New Rs. 500 banknote is _______.

    • chocolate brown
    • fluorescent blue
    • lavender
    • yellowish-orange
    • stone grey
    Correct
    

    Incorrect
    

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