Banking Awareness Quiz: Set 149

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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 149

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1. Answered
2. Review

1. Question 1 of 10

   1. Question

   1 points

   To get an MSME Loan, the eligibility criterion will be ______.

   • The business needs to be operating for at least six months when applying for the loan
   • The business shouldn’t have been blacklisted for even excluded from the SBA finance list
   • The physical location of the enterprise shouldn’t be in the negative location list.
   • Only option 1 & 2
   • All of the above
   Correct
   

   Incorrect
   
2. Question 2 of 10

   2. Question

   1 points

   Who can apply to MSME?

   • Own a one-person company
   • Having proprietorship
   • Belong to Hindu undivided family
   • Producer company
   • All of the above
   Correct
   

   Incorrect
   
3. Question 3 of 10

   3. Question

   1 points

   The MSME registered business will be availed several benefits such as:

   • They can avail subsidy on the registration of the patents when applying for one
   • The promotion of the business will not be eligible for a subsidy
   • They also can get exemption of interest on the overdraft they avail from banks
   • Both Option 1 & 3
   • All of the above
   Correct
   

   Incorrect
   
4. Question 4 of 10

   4. Question

   1 points

   The entity who wants to register as a MSME has to submit documents like ______.

   • Business Address Proof
   • Copies of Sale Bill and Purchase Bill
   • Partnership Deed
   • Copy of Licenses and Bills of Machinery Purchased
   • All of the above
   Correct
   

   Incorrect
   
5. Question 5 of 10

   5. Question

   1 points

   How many banks Were Nationalized In 1969?

   • 14
   • 16
   • 9
   • 19
   • None of these
   Correct
   

   Incorrect
   
6. Question 6 of 10

   6. Question

   1 points

   Which bank among the following was not nationalized In 1969?

   • Central Bank of India
   • Andhra Bank
   • Bank of Maharashtra
   • Dena Bank
   • Syndicate Bank
   Correct
   

   Incorrect
   
7. Question 7 of 10

   7. Question

   1 points

   Headquarter of Forward Markets Commission is located in _______.

   • New Delhi
   • Mumbai
   • Kolkata
   • Chennai
   • None of these
   Correct
   

   Incorrect
   
8. Question 8 of 10

   8. Question

   1 points

   Pension Fund Regulatory and Development Authority (PFRDA) was established in _____

   • 1996
   • 2001
   • 2003
   • 1998
   • None of these
   Correct
   

   Incorrect
   
9. Question 9 of 10

   9. Question

   1 points

   Forward Markets Commission main objective is to advise the Central government on matters of the Forwards Contract Act, _______.

   • 1951
   • 1935
   • 1917
   • 1952
   • None of these
   Correct
   

   Incorrect
   
10. Question 10 of 10

    10. Question

    1 points

    Repo rate is the rate on which RBI provides a loan to the bank for short-term between 1 to ____ days.

    • 15 days
    • 180 days
    • 90 days
    • 30 days
    • 120 days
    Correct
    

    Incorrect
    

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