Banking Awareness Quiz: Set 137

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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 137

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1. Answered
2. Review

1. Question 1 of 10

   1. Question

   1 points

   The Ombudsman Scheme for Digital Transactions, 2019 has been introduced under which Act?

   • Payment and Settlement Systems Act, 2007
   • Banking Regulations Act, 1949
   • Reserve Bank of India Act, 1934
   • Banking Ombudsman Scheme, 2006
   • None of these
   Correct
   

   Incorrect
   
2. Question 2 of 10

   2. Question

   1 points

   Each of the Local Board of the Reserve Bank of India can have how many members?

   • 4
   • 5
   • 6
   • 7
   • None of these
   Correct
   

   Incorrect
   
3. Question 3 of 10

   3. Question

   1 points

   The headquarter of the Barclays Bank is based in which country?

   • Germany
   • United States
   • United Kingdom
   • Singapore
   • None of these
   Correct
   

   Incorrect
   
4. Question 4 of 10

   4. Question

   1 points

   What is the minimum start-up capital for a Local Area Bank (LAB)?

   • Rs 4 crore
   • Rs 2 crore
   • Rs 6 crore
   • Rs 5 crore
   • None of the above
   Correct
   

   Incorrect
   
5. Question 5 of 10

   5. Question

   1 points

   How many Nationalized Banks are there in India?

   • 19
   • 21
   • 15
   • 7
   • None of the above
   Correct
   

   Incorrect
   
6. Question 6 of 10

   6. Question

   1 points

   The head office of the Prathama Grameen Bank, the first RRB in India, is in which city?

   • Moradabad
   • Gwalior
   • Nagpur
   • Allahabad
   • None of the above
   Correct
   

   Incorrect
   
7. Question 7 of 10

   7. Question

   1 points

   What is the authorized capital of the Deposit Insurance and Credit Guarantee Corporation (DICGC)?

   • Rs 25 crore
   • Rs 50 crore
   • Rs 75 crore
   • Rs 100 crore
   • None of the above
   Correct
   

   Incorrect
   
8. Question 8 of 10

   8. Question

   1 points

   What is the maximum deposit limit allowed under the Senior Citizen Savings Scheme (SCSS)?

   • Rs 5 lakh
   • Rs 10 lakh
   • Rs 15 lakh
   • Rs 20 lakh
   • None of the above
   Correct
   

   Incorrect
   
9. Question 9 of 10

   9. Question

   1 points

   How many currency note printing presses are there in India?

   • 7
   • 6
   • 5
   • 4
   • None of these
   Correct
   

   Incorrect
   
10. Question 10 of 10

    10. Question

    1 points

    What shall be the maximum compensation provided under the Banking Ombudsman Scheme 2006 for any loss due to service of the bank?

    • Rs 10 lakh
    • Rs 20 lakh
    • Rs 30 lakh
    • Rs 50 lakh
    • None of the above
    Correct
    

    Incorrect
    

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