Banking Awareness Quiz: Set 185

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The Banking Awareness Quiz 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 Quiz Section depend on Current Banking Affairs as it were.

Here is a test on Banking Awareness Quiz 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 Quiz 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 Awareness Quiz: Set 185

1. Which of the following is not insured by DICGC?
   A) Urban cooperative banks
   B) Regional Rural Bank
   C) Primary cooperative societies
   D) Local Area Banks
2. The Indo-Nepal Remittance Facility Scheme is a type of?
   A) RTGS
   B) NEFT
   C) IMPS
   D) SWIFT
3. What is the minimum periodicity allowed to banks for payment of interest in saving account?
   A) fortnightly
   B) monthly
   C) quarterly
   D) half-yearly
4. What is Giro transfer?
   A) Transfer of auctioned money to the account of the holder
   B) Transfer of money to the account held in one country from the overseas account
   C) Transfer of loan amount to the account of the beneficiary
   D) Transfer of money from one account to another by a bank or post office upon receipt of written instruction by the payer
5. What is the limit for collateral free loans for MSE sector?
   A) Rs 10 lakh
   B) Rs 1.6 lakh
   C) Rs 1 lakh
   D) Rs 16 lakh
6. The cheque which the bank refuse to encash due to insufficient finances in the bank account of the originator or drawer of the cheque is known as _____________
   A) Illegal Cheque
   B) Bounced Cheque
   C) Underlimit Cheque
   D) Stale Cheque
7. The Rupee denominated bonds can only be issued in a country that is a member of:
   A) IMF
   B) OECD
   C) FATF
   D) World Bank
8. The Government of India allowed foreign investment in LLP firms to attract more foreign exchange. What is the full form of LLP in this context?
   A) Limited Loan Partnership
   B) Limited Liability Partnership
   C) Legal Liability Partnership
   D) Longer Loan Partnership
9. ____________ is a channel to receive cross-border remittances from overseas jurisdictions
   A) Liberalised Remittance Scheme (LRS)
   B) Special Drawing Rights (SDR)
   C) Real Time Gross Settlement (RTGS)
   D) Rupee Drawing Arrangement (RDA)
10. Which among the following is an example of Invisible export?
    A) Export of services
    B) Export of goods through smuggling
    C) Export of Prohibited goods
    D) Export of unrecorded goods

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