Banking Awareness Quiz: Set 143

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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 143

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1. Answered
2. Review

1. Question 1 of 10

   1. Question

   1 points

   NFSM stands for _______.

   • National Funds Security Mark
   • Not For Safety Mission
   • National Fund Security Mission
   • National Food Security Mission
   • None of these
   Correct
   

   Incorrect
   
2. Question 2 of 10

   2. Question

   1 points

   PDS stands for _______.

   • Public Distribution System
   • Property Distribution System
   • Public Demand Scale
   • People Demand System
   • None of these
   Correct
   

   Incorrect
   
3. Question 3 of 10

   3. Question

   1 points

   IGNOAPS stands for _______.

   • Indira Gandhi National Old Age Provident Scheme
   • International Government National Old age Pension Scheme
   • Indira Gandhi National Old age Pension Scheme
   • India Government National Old age Pension Scheme
   • None of these
   Correct
   

   Incorrect
   
4. Question 4 of 10

   4. Question

   1 points

   IGNWPS stands for _______.

   • Indira Gandhi National Widow Pension Scheme
   • India Gate National Window Pass Scheme
   • India Government National Widow Pension Scheme
   • Indira Gandhi National Wisdom Pension Scheme
   • None of these
   Correct
   

   Incorrect
   
5. Question 5 of 10

   5. Question

   1 points

   MGNREGA stands for _______.

   • Mahatma Gandhi National Rural Empowerment Guarantee Act
   • Mahatma Gandhi National Rural Employment Giving Act
   • Mahatma Gandhi Non Rural Employment Guarantee Act
   • Mahatma Gandhi National Rural Employment Guarantee Act
   • None of these
   Correct
   

   Incorrect
   
6. Question 6 of 10

   6. Question

   1 points

   MGNREGA was started in _______.

   • 2005
   • 2006
   • 2007
   • 2008
   • None of these
   Correct
   

   Incorrect
   
7. Question 7 of 10

   7. Question

   1 points

   UIDAI was started in _______.

   • 2010
   • 2009
   • 2008
   • 2011
   • 2012
   Correct
   

   Incorrect
   
8. Question 8 of 10

   8. Question

   1 points

   Indira Gandhi National Old age Pension Scheme is for the people who aged above ______.

   • 58 years
   • 60 years
   • 65 years
   • 62 years
   • None of these
   Correct
   

   Incorrect
   
9. Question 9 of 10

   9. Question

   1 points

   How Fiscal Deficit is harmful?

   • Debt Trap
   • Inflation
   • Black Money
   • All of the above
   • None of the above
   Correct
   

   Incorrect
   
10. Question 10 of 10

    10. Question

    1 points

    When a government’s total expenditures exceed the revenue that it generates excluding money from borrowings is known as _______.

    • Balancing Act
    • Fiscal Deficit
    • Bottom Line
    • Fiscal Revenue
    • Both Fiscal Deficit & Balancing Act
    Correct
    

    Incorrect
    

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