Banking Awareness Quiz: Set 199

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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 199

1. RBI recently allowed one-time restructuring of existing loans upto ₹250 million to MSMEs that were classified as ________.
   A) standard
   B) Sub- Standard
   C) Doubtful
   D) Loss
2. PPI issuers shall ensure that a complaint regarding unauthorised Electronic Payment Transactions relating to PPI is resolved within ___ days.
   A) 30 days
   B) 60 days
   C) 90 days
   D) 120 days
3. What is the cut-off limit fixed by Central Vigilance Commission for reporting of cases of willful default by the banks / FIs to RBI?
   A) Rs 50 lakhs
   B) Rs 1 crore
   C) Rs 25 lakhs
   D) Rs 10 lakhs
4. What is the deadline set by RBI for achieving cassette swap at ATM?
   A) March 31, 2022
   B) March 31, 2021
   C) March 31, 2020
   D) March 31, 2023
5. Who regulates Infrastructure Investment Trust (InvITs)?
   A) RBI
   B) NSE
   C) SEBI
   D) PFRDA
6. __________ is an instrument denominated in Indian Rupees in the form of a depository receipt created by a Domestic Depository
   A) TReDS
   B) RVA
   C) IDR
   D) MMTS
7. Which of the following bank is not a part of Kisan Credit Card (KCC) Scheme?
   A) Small Finance Banks
   B) Regional Rural Banks
   C) Payments Bank
   D) All of these
8. Which of the following is an exclusive investment scheme for infrastructure projects?
   A) InvIT
   B) MSME
   C) TReDS
   D) Mutual Funds
9. What is the Priority Sector Lending limit for housing loans in Metropolitan areas?
   A) Rs 28 lakhs
   B) Rs 20 lakhs
   C) Rs 35 lakhs
   D) Rs 25 lakhs
10. ____________ is the technical compatibility that enables a payment system to be used in conjunction with other payment systems.
    A) Overlay
    B) Interoperability
    C) Provisioning
    D) Authentication

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