Banking Awareness Quiz: Set 162

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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 162

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1. Answered
2. Review

1. Question 1 of 10

   1. Question

   1 points

   In a Contactless NFC card, the card is read by keeping the card near the card reader. Here what does NFC stands for?

   • Near Field Communication
   • Neutral Field Communication
   • Number Field Communication
   • Non Field Communication
   • None of these
   Correct
   

   Incorrect
   
2. Question 2 of 10

   2. Question

   1 points

   What does C in CTS denotes?

   • Credit
   • Cheque
   • Common
   • Clearing
   • None of these
   Correct
   

   Incorrect
   
3. Question 3 of 10

   3. Question

   1 points

   Who is appointed as the Appellate Authority under the Ombudsman scheme?

   • Deputy Governor of RBI
   • Finance Minister
   • Governor of RBI
   • NPCI Chairman
   • None of these
   Correct
   

   Incorrect
   
4. Question 4 of 10

   4. Question

   1 points

   What should be the minimum net owned fund of the entity desirous of commencing business of non-banking financial institution?

   • Rs 50 lakh
   • Rs 75 lakh
   • Rs 2 crore
   • Rs 1 crore
   • None of these
   Correct
   

   Incorrect
   
5. Question 5 of 10

   5. Question

   1 points

   What does FCEB stands for in terms of External Commercial Borrowings (ECB) framework?

   • Foreign currency exchangeable bond
   • Foreign currency equity bond
   • Foreign currency external bond
   • Foreign currency exchange bond
   • None of these
   Correct
   

   Incorrect
   
6. Question 6 of 10

   6. Question

   1 points

   What is the maximum tenure of the Commercial Papers?

   • 91 days
   • 180 days
   • 1 year
   • 210 days
   • None of these
   Correct
   

   Incorrect
   
7. Question 7 of 10

   7. Question

   1 points

   In DR rates, what is does R stands for?

   • Ratio
   • Rate
   • Relief
   • Return
   • None of these
   Correct
   

   Incorrect
   
8. Question 8 of 10

   8. Question

   1 points

   How many types of Priority Sector Lending Certificate (PSLC) are there?

   • 4
   • 3
   • 5
   • 7
   • None of these
   Correct
   

   Incorrect
   
9. Question 9 of 10

   9. Question

   1 points

   In ANBC, what does A stands for with respect to credit lending by banks?

   • Adjusted
   • Asset
   • Average
   • Advances
   • None of these
   Correct
   

   Incorrect
   
10. Question 10 of 10

    10. Question

    1 points

    Expand NDTL.

    • Net Deposit and Time Liability
    • Net Demand and Time Liability
    • Non Drawing and Turnover Limit
    • Net Demand and Time Liability
    • None of these
    Correct
    

    Incorrect
    

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