Banking Awareness Quiz: Set 179

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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 179

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1. Answered
2. Review

1. Question 1 of 10

   1. Question

   1 points

   What is the minimum paid up capital a bank must have to be eligible for inclusion in the Second Schedule to the Reserve Bank of India Act, 1934?

   • Rs 1 lakh
   • Rs 50 lakh
   • Rs 10 lakh
   • Rs 5 lakh
   • Rs 5 crore
   Correct
   

   Incorrect
   
2. Question 2 of 10

   2. Question

   1 points

   Which of the following is true about non-scheduled banks in India?
   

   • A non-scheduled bank doesnot have to maintain CRR with the RBI
   • it cannot lend money from RBI under LAF
   • The banks named under third schedule of RBI Act 1934, are non-scheduled banks.
   • All of the above
   • Only 1 and 2 are true
   Correct
   

   Incorrect
   
3. Question 3 of 10

   3. Question

   1 points

   The minimum start-up capital of a Local Area Banks (LAB) is fixed at ___.

   • Rs 5 crore
   • Rs 4 crore
   • Rs 3 crore
   • Rs 1 crore
   • None of these
   Correct
   

   Incorrect
   
4. Question 4 of 10

   4. Question

   1 points

   In _____ it was decided to allow the establishment of local banks in the private sector.

   • 1989
   • 1991
   • 1993
   • 1996
   • 1999
   Correct
   

   Incorrect
   
5. Question 5 of 10

   5. Question

   1 points

   Which is the first Regional Rural Bank in India?

   • Prathama Grameen Bank
   • Saurashtra Gramin Bank
   • Pallavan Grama Bank
   • Saptagiri Grameena Bank
   • None of the above
   Correct
   

   Incorrect
   
6. Question 6 of 10

   6. Question

   1 points

   What is the share of Central Government in share capital of RRBs?

   • 17%
   • 35%
   • 50%
   • 25%
   • 65%
   Correct
   

   Incorrect
   
7. Question 7 of 10

   7. Question

   1 points

   Urban Cooperative Banks are also called as ______.

   • Short Term Cooperative Banks
   • Primary Cooperative Banks
   • Secondary Cooperative Banks
   • Long Term Cooperative Banks
   • Mid Term Cooperative Banks
   Correct
   

   Incorrect
   
8. Question 8 of 10

   8. Question

   1 points

   State Cooperative Banks (StCBs) are regulated by RBI and Supervised by ______ under Sec 35 A of the Banking Regulation Act.

   • DCC
   • RBI
   • NABARD
   • State Government
   • PCB
   Correct
   

   Incorrect
   
9. Question 9 of 10

   9. Question

   1 points

   Which bank is outside the purview of the Banking Regulation Act, 1949?

   • Primary Cooperative Banks
   • Primary Agricultural Credit Societies
   • Central Cooperative Banks
   • State Cooperative Banks
   • None of these
   Correct
   

   Incorrect
   
10. Question 10 of 10

    10. Question

    1 points

    A scheduled bank is one that is listed in the ______of RBI Act, 1934.

    • 5th schedule
    • 4th schedule
    • 3rd schedule
    • 2nd schedule
    • 1st schedule
    Correct
    

    Incorrect
    

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