Banking Awareness Quiz: Set 186

Dear Readers,

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 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 186

1. Bank will have to offer a uniform interest rate on savings bank deposits up to _______?
   A) Rs. 10 lakh
   B) Rs.1 lakh
   C) Rs. 5 lakh
   D) Rs 50 lakh
2. What is the maximum amount of donation that a profit making bank can make annually?
   A) 1.5% of the previous year profit
   B) 2% of the previous year profit
   C) 1% of the previous year profit
   D) 2.5% of the previous year profit
3. Which of the following is true about non-performing assets (NPA)?
   A) Recovery of bank’s funds are difficult due to such accounts
   B) Interest on such accounts cannot be charged
   C) Banks have to make provisions for these loans in their balance sheets
   D) All of the above
4. Certified Credit Counsellors (CCC) are institutions or individuals registered with _____ who shall assist MSMEs in preparing project reports in a professional manner which would, in turn, help banks make more informed credit decisions.
   A) RBI
   B) SIDBI
   C) NABARD
   D) NHB
5. Which of the following norms help bank to obtain information about the identity and address of the customers?
   A) Service Norms
   B) Basel Norms
   C) KYC Norms
   D) Lending Norms
6. The State Bank Of India (Subsidiary Banks) Act was passed in which year?
   A) 1934
   B) 1956
   C) 1949
   D) 1955
7. What is the minimum maturity period for Masala Bonds raised up to USD 50 million equivalent in INR per financial year?
   A) 2 years
   B) 3 years
   C) 4 years
   D) 5 years
8. As per the Section 19 of the Reserve Bank of India Act, 1934, RBI cannot engage in____________
   A) Making loans and advances
   B) Drawing or accepting bills payable otherwise than on demand
   C) Allowing interest on deposits or current accounts
   D) All of the above
9. What does NNP stands for?
   A) New National Product
   B) Net National Product
   C) Net National Produce
   D) New National Produce
10. A transaction carried out at an ATM of the card issuing bank is called as __________.
    A) Off- Us transaction
    B) On-To transaction
    C) On-Us transaction
    D) Off-To transaction

Read More:

Thank You.

By TEAM ExamsCart.com

(Government Exams ? Crack with Us…)