Banking Awareness Quiz: Set 158

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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 158

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1. Answered
2. Review

1. Question 1 of 10

   1. Question

   1 points

   What does B2B specify in e-commerce field?

   • Trade between business to business
   • Deal between business to bank
   • Transaction between banks and capitalists
   • All of the above
   • None of these
   Correct
   

   Incorrect
   
2. Question 2 of 10

   2. Question

   1 points

   What does the term ‘Blue Chip’ company denotes?

   • Preference shares of public limited companies
   • Shares initially allotted to promoter directors
   • Shares of professionally managed companies with impressive track record
   • Government securities printed in blue ink which is readily marketable
   • None of these
   Correct
   

   Incorrect
   
3. Question 3 of 10

   3. Question

   1 points

   The financial inclusion initiative is meant for _________.

   • Less privileged persons
   • Senior citizens
   • Micro finance institutions
   • All of the above
   • None of these
   Correct
   

   Incorrect
   
4. Question 4 of 10

   4. Question

   1 points

   Which among the given options will be treated as an unsecured loan?

   • Housing loan
   • Vehicle loan
   • Personal loan
   • Agricultural loan
   • None of these
   Correct
   

   Incorrect
   
5. Question 5 of 10

   5. Question

   1 points

   Which organisation in India is tasked to maintain the credit history of the individual borrowers?

   • CARE
   • RBI
   • CIBIL
   • CRISIL
   • None of these
   Correct
   

   Incorrect
   
6. Question 6 of 10

   6. Question

   1 points

   ECB is a platform to raise funds from overseas. What does ECB stands for?

   • Essential Commodity Buyers
   • External Commercial Borrowing
   • External Credit and Business
   • Essential Commodities Borrowing
   • None of these
   Correct
   

   Incorrect
   
7. Question 7 of 10

   7. Question

   1 points

   When we speak of the terms like angel investors, seed funds, venture capitals, we are talking about _______.

   • Foreign investors with substantial financial strength
   • High net worth individuals looking for suitable investments
   • Types of Investors willing to promote a new business idea/venture
   • Individuals willing to invest in financial companies
   • None of these
   Correct
   

   Incorrect
   
8. Question 8 of 10

   8. Question

   1 points

   The priority sector lending does not include which of the following?

   • Agricultural lending
   • Education loans
   • Small scale sector loans
   • Auto loans
   • None of these
   Correct
   

   Incorrect
   
9. Question 9 of 10

   9. Question

   1 points

   Who is a Banking Ombudsman?

   • Chief Vigilance Officer of a bank
   • Chairman of the bank
   • An independent authority appointed by the RBI to address customer complaints
   • An official in the Ministry of Finance
   • None of these
   Correct
   

   Incorrect
   
10. Question 10 of 10

    10. Question

    1 points

    Which of the following statements best define the current account in a bank?

    • Account where balance should always be kept high
    • Account where interest is not paid on the balance
    • Account in which transaction should take place daily
    • Account for the purpose of availing credit facilities
    • None of these
    Correct
    

    Incorrect
    

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