Banking Awareness Quiz: Set 181

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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 181

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1. Answered
2. Review

1. Question 1 of 10

   1. Question

   1 points

   Deposit Insurance and Credit Guarantee Corporation (DICGC) is a subsidiary of Reserve Bank of India. It was established on 15 July _______.

   • 1972
   • 1971
   • 1975
   • 1980
   • 1978
   Correct
   

   Incorrect
   
2. Question 2 of 10

   2. Question

   1 points

   DICGC insures all bank deposits, such as saving, fixed, current, recurring deposit for up to the limit of Rs. __________.

   • 500,000
   • 100,000
   • 200,000
   • 400,000
   • 10,00,000
   Correct
   

   Incorrect
   
3. Question 3 of 10

   3. Question

   1 points

   The functions of the DICGC (Deposit Insurance and Credit Guarantee Corporation) are governed by the provisions of ‘The Deposit Insurance and Credit Guarantee Corporation Act, ________.

   • 1961
   • 1960
   • 1971
   • 1970
   • 1980
   Correct
   

   Incorrect
   
4. Question 4 of 10

   4. Question

   1 points

   ‘The Deposit Insurance and Credit Guarantee Corporation General Regulations, 1961’ framed by the Reserve Bank of India in exercise of the powers conferred by sub-section (3) of Section _______.

   • Section 5
   • Section 50
   • Section 21
   • Section 7
   • None of these
   Correct
   

   Incorrect
   
5. Question 5 of 10

   5. Question

   1 points

   DICGC head office is located in __________

   • Mumbai
   • cheenai
   • Kolkata
   • Delhi
   • None of these
   Correct
   

   Incorrect
   
6. Question 6 of 10

   6. Question

   1 points

   ___________is a wholly owned subsidiary of Reserve Bank of India which prints bank notes (Indian rupees) for the Reserve Bank of India (RBI).

   • Bharatiya Reserve Bank Note Mudran Private Limited (BRBNMPL)
   • National Housing Bank (NHB)
   • Deposit Insurance and Credit Guarantee Corporation of India (DICGC)
   • Bharatiya Reserve Bank Note mudra Private Limited (BRBNMPL)
   • None of these
   Correct
   

   Incorrect
   
7. Question 7 of 10

   7. Question

   1 points

   Bharatiya Reserve Bank Note Mudran Private Limited (BRBNMPL) was established in __________to address the demand of bank notes.

   • 1960
   • 1995
   • 1980
   • 1963
   • 1998
   Correct
   

   Incorrect
   
8. Question 8 of 10

   8. Question

   1 points

   BRBNMPL has two presses in _________and Salboni.

   • Kolkata
   • Banglore
   • Mysore
   • Mumbai
   • None of these
   Correct
   

   Incorrect
   
9. Question 9 of 10

   9. Question

   1 points

   BRBNMPL supplies a major portion of bank note requirement in the country  with the remaining requirements met through ________.

   • Security Printing and  Minting Corporation of India Limited (SPMCIL)
   • Security Printing and  Mining Corporation of India Limited (SPMCIL)
   • Security Portion and  Minting Corporation of India Limited (SPMCIL)
   • Security Print and  Minting Corporation of India Limited (SPMCIL)
   • None of these
   Correct
   

   Incorrect
   
10. Question 10 of 10

    10. Question

    1 points

    Under SPMCIL, Security Paper Mill (SPM), Hoshangabad was established in _________and notified as non-commercial undertaking under the administrative control of Ministry of Finance, Govt. of India.

    • 1968
    • 1969
    • 1970
    • 1980
    • 1990
    Correct
    

    Incorrect
    

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