Banking Awareness Quiz: Set 194

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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 194

1. Which of the following is responsible for the issue of currency in India?
   A) Government of India
   B) Reserve Bank of India
   C) Controller Of Currency
   D) All of the above
2. Define Mixed Economy.
   A) Co-existence of small and large industries
   B) Promotion of both agriculture and industry in the economy
   C) Co-existence of public and private enterprises
   D) Co-existence of wholesale and retail markets
3. The Reserve Bank of India has recently permitted merchant exporters, an interest equalisation at the rate of ____ on credit for export of products.
   A) 3%
   B) 2%
   C) 5%
   D) 6%
4. The rate of interest charged by banks to its major and prime customers is generally termed as ________
   A) Repo Rate
   B) Cost of Fund
   C) Base Rate
   D) Prime Lending Rate
5. Which among the following is not one of the measures to control inflation?
   A) Monetary Policy
   B) Fiscal Policy
   C) Financial Inclusion
   D) Price Control
6. The Centurion Bank of Punjab was acquired by which bank?
   A) IDBI Bank
   B) HDFC Bank
   C) ICICI Bank
   D) Axis Bank
7. The Banking Regulation Act came into force in which year?
   A) 1949
   B) 1952
   C) 1934
   D) 1965
8. Which committee recommended for banks to have access to Capital Market?
   A) C D Deshmukh Committee
   B) YH Malegam Committee
   C) Narasimhan Committee
   D) Rangarajan Committee
9. The Imperial Bank of India was subsequently transformed into the State Bank of India in which year?
   A) 1962
   B) 1955
   C) 1948
   D) 1936
10. Which among the given is not an organised sector in India?
    A) Cooperative Banks
    B) NBFCs
    C) Nationalized Banks
    D) Chits and Money Lenders

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