Banking Awareness Quiz: Set 206

Dear Readers,

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 Quiz Section of Banking Exams covers various segments in it like Banking Awareness Quiz. 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 Quiz 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 Quiz 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 206

1. CD ratio is the ratio of how much a bank lends out of the deposits it has mobilized. What does CD denotes?
   A) Credit Deposit
   B) Capital Deficit
   C) Cash Deposit
   D) Currency Demand
2. ___________measures the average change in prices paid by the specific type of consumer for consuming goods and services in the current year in comparison to a base year.
   A) Wholesale Price Index
   B) Industrial Production Index
   C) Consumer Price Index
   D) Composite Production Index
3. DRI Scheme was introduced to provide bank finance at a concessional rate of interest to weaker section of the society. What does DRI stands for?
   A) Differential Rate of Interest
   B) Demand Receipt of Interest
   C) Direct Refinance Investment
   D) Discounted Rate of Investment
4. FRA are over-the-counter contracts between parties that determine the rate of interest to be paid on an agreed upon date in the future. Expand FRA.
   A) Funded Rate Agreement
   B) Forecast Rate Agreement
   C) Foreign Rate Agreement
   D) Forward Rate Agreement
    
5. Under the Liberalised Remittance Scheme, all Indian residents are permitted to remit up to ___________ for one financial year for any permitted current or capital account transactions or for both
   A) USD 50,000
   B) USD 250,000
   C) USD 100,000
   D) USD 150,000
6. The __________is the aggregate rate of interest paid on all debt.
   A) Weighted Average Interest Rate
   B) Differential Rate of Interest
   C) Nominal Effective Exchange Rate
   D) Capital to Risk Weighted Asset Ratio
7. SMA was introduced by the RBI in 2014, to identify those accounts that has the potential to become an NPA/Stressed Asset. What does it stands for?
   A) Statutory Maturity Assets
   B) Stressed Monitoring Accounts
   C) Stressed Monetary Assets
   D) Special Mention Accounts
8. The initiative of Bank Self Help Group Linkage Programme was launched by which organisation to provide banking services to the weaker and unorganised sector?
   A) SIDBI
   B) NABARD
   C) RBI
   D) SEBI
9. The Unified Payments Interface (UPI) is regulated by__________
   A) Central Government
   B) Scheduled Banks
   C) RBI
   D) NPCI
10. A ___________means that more money is flowing out of the economy along with increase in its ownership of foreign assets
    A) Balance of Trade
    B) Current Account Deficit
    C) Balance of Payments
    D) Capital Account Deficit

Read More:

Thank You.

By TEAM ExamsCart.com

(Government Exams ? Crack with Us…)