Banking Awareness Quiz: Set 193

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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 193

1. The Domestic Systemically Important Banks (D-SIB) are identified by_______
   A) RBI
   B) Committee of experts selected by GOI
   C) Finance Ministry
   D) BASEL Committee
2. The branches of selected banks authorised by the RBI to stock rupee notes and coins are officially known as
   A) Treasury Room
   B) Money Locker
   C) Currency Chests
   D) Storehouse
3. What is the global economic forecast for the year 2019 by Organisation for Economic Co-operation and Development (OECD)?
   A) 3.3%
   B) 3.5%
   C) 3.7%
   D) 3.0%
4. What is the Minimum Average Maturity Period (MAMP) for all External Commercial Borrowings (ECB) as per the revised policy?
   A) 2 years
   B) 3 years
   C) 4 years
   D) 6 years
5. The tool used by one trader allowing another trader to buy now and pay later is known as ____________
   A) trade dependence
   B) advance trade
   C) postpaid trade
   D) trade credit
6. What is the share of government in the IDBI Bank?
   A) 2.54%
   B) 51%
   C) 46.46%
   D) 28%
7. PSBloansin59minutes.com is an online lending platform to provide credit of up to Rs ___________to MSMEs in just 59 minutes.
   A) Rs 1 crore
   B) Rs 2 crore
   C) Rs 1 lakh
   D) Rs 2 lakh
8. India’s first indigenously developed payment system for transport “NCMC” stands for________
   A) National Citizen Mobility Card
   B) National Contactless Mobility Card
   C) National Customer Mobility Card
   D) National Common Mobility Card
9. _____________ is a process in which a unique token masks all sensitive card details of debit/credit card.
   A) Encapsulation
   B) Tokenisation
   C) Clouding
   D) Encrypting
10. Based on the data of the World Gold Council, the total Gold Reserves held by the Reserve Bank of India as of January 2019 is_______
    A) 735 tonnes
    B) 504 tonnes
    C) 607 tonnes
    D) 1040 tonnes

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