Banking Awareness Quiz: Set 200

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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 200

1. The Purchasing power parity (PPP) theory is related with which of the following?
   A) Bank rate
   B) Exchange rate
   C) Interest rate
   D) Wage rate
2. Expand GNI
   A) Gross Net Income
   B) Gross National Interest
   C) Gross Net Interest
   D) Gross National Income
3. The Income and Expenditure Account is also known as _________
   A) Capital Account
   B) Personal Account
   C) Nominal Account
   D) Business Account
4. The proceeds of the income tax goes to which of the following?
   A) Centre and States
   B) Reserve Bank of India
   C) Central Government
   D) Corporation authorities
5. Which among the following is the apex bank for giving industrial loan in India?
   A) ICICI
   B) IDBI
   C) SIDBI
   D) NHB
6. The Securities and Exchange Board of India (SEBI) is _______ body.
   A) Quasi Judicial body
   B) Constitutional body
   C) Advisory body
   D) Regulatory body
7. The banks can avoid major losses by which of the following methods?
   A) Lending to old customers of the bank
   B) Providing only short term loans
   C) Giving collateral loans
   D) Lending only to high net worth individuals
8. The commercial banking system in India is a ___________type of banking
   A) Branch banking
   B) Unit banking
   C) Mixed banking
   D) Sophisticated banking
9. Who among the given has designed the new symbol of the India currency?
   A) Santosh Kumar
   B) Raghuram Rajan
   C) YV Reddy
   D) Udaya Kumar
10. ECS is an electronic mode of funds transfer from one bank account to another. What does ECS stands for?
    A) Electronic Credit Standards
    B) Electronic Clearing Services
    C) Electronic Clearing Status
    D) Electronic Credit System

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