Banking Awareness Quiz: Set 156

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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 156

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1. Answered
2. Review

1. Question 1 of 10

   1. Question

   1 points

   Which among the following is the current Banking Ombudsman Scheme operative in India?

   • Banking Ombudsman Scheme 2002
   • Banking Ombudsman Scheme 2004
   • Banking Ombudsman Scheme 2006
   • Banking Ombudsman Scheme 2008
   • None of these
   Correct
   

   Incorrect
   
2. Question 2 of 10

   2. Question

   1 points

   In Aadhar based payment system ‘APBS’ what does B denotes?

   • Bridge
   • Balance
   • Based
   • Bank
   • None of these
   Correct
   

   Incorrect
   
3. Question 3 of 10

   3. Question

   1 points

   Which section of the Negotiable Instruments Act 1881 defines Cheque?

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

   Incorrect
   
4. Question 4 of 10

   4. Question

   1 points

   What is the maximum limit of Rupay Contactless per transaction?

   • Rs 1000
   • Rs 2000
   • Rs 5000
   • Rs 10000
   • None of these
   Correct
   

   Incorrect
   
5. Question 5 of 10

   5. Question

   1 points

   What is the full form of IFSC?

   • Indian Financial System Code
   • Indian Financial Security Code
   • Indian Financial Service Code
   • Indian Financial Settlement Code
   • None of these
   Correct
   

   Incorrect
   
6. Question 6 of 10

   6. Question

   1 points

   Which among the following product is managed by NPCI?

   • Unified Payments Interface (UPI)
   • Query Service on Aadhaar Mapper
   • Immediate Payment Service (IMPS)
   • All the above
   • None of these
   Correct
   

   Incorrect
   
7. Question 7 of 10

   7. Question

   1 points

   T-Bills are a type of ________ .

   • Floating coupon securities
   • Zero coupon securities
   • Amortizing Bond
   • Sinkable Bond
   • None of these
   Correct
   

   Incorrect
   
8. Question 8 of 10

   8. Question

   1 points

   What does GNP stands for?

   • Gross National Product
   • Group Net Product
   • Grand Net Process
   • Group Networking Process
   • None of these
   Correct
   

   Incorrect
   
9. Question 9 of 10

   9. Question

   1 points

   The Reverse Repo rate is a tool used by the RBI to ______.

   • Absorb Liquidity
   • Keep liquidity at one level
   • Inject Liquidity
   • Increase the liquidity with the banking system
   • None of these
   Correct
   

   Incorrect
   
10. Question 10 of 10

    10. Question

    1 points

    How many banks were nationalised in the second phase of nationalisation?

    • 6
    • 11
    • 13
    • 14
    • None of these
    Correct
    

    Incorrect
    

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