Banking Awareness Quiz: Set 189

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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 Awareness Quiz: Set 189

1. As per the amended definition of the Start-ups, the annual turnover of start-ups cannot be more than __________
   A) Rs 25 crore
   B) Rs 50 crore
   C) Rs 75 crore
   D) Rs 100 crore
2. Name the sponsor bank of the newly formed Dakshin Bihar Gramin bank, by merging Uttar Bihar Gramin Bank with Madhya Bihar Gramin Bank
   A) Syndicate Bank
   B) Punjab National Bank
   C) UCO Bank
   D) Bank of Baroda
3. The Reserve Bank of India consists of how many Local Boards?
   A) 4
   B) 3
   C) 2
   D) 1
4. For savings bank deposits, banks can provide differential rates of interest above which amount?
   A) Rs.50 lakh
   B) Rs. 10 lakh
   C) Rs. 5 lakh
   D) Rs.1 lakh
5. The GST Council has hiked the GST exemption limit for MSMEs from north-eastern and hilly states to ____________ with effect from April 1, 2019
   A) Rs 40 lakh
   B) Rs 30 lakh
   C) Rs 50 lakh
   D) Rs 20 lakh
6. The core sector of the Indian economy is classified into how many types of industries?
   A) 7
   B) 8
   C) 9
   D) 10
7. The Reserve Bank of India (RBI) had also served as the Central bank of which countries earlier?
   A) Pakistan and Myanmar
   B) Sri Lanka and Nepal
   C) Nepal and Bhutan
   D) Pakistan and Nepal
8. What is the maximum amount per transaction for cash based NEFT in India?
   A) Rs. 50,000
   B) Rs. 10,000
   C) Rs. 1,00,000
   D) Rs. 1,50,000
9. RBI has recently signed USD 75 Billion BSA Agreement with Bank of Japan. Expand BSA.
   A) Business System Analysis
   B) Balance Sheet Assessment
   C) Banking Supervision Alignment
   D) Bilateral Swap Arrangement
10. What is the new deadline set by the RBI for completion of KYC  process by Prepaid Payment Instruments (PPIs) providers?
    A) 31 December 2019
    B) 31 March 2019
    C) 31 August 2019
    D) 31 May 2019

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