Banking Awareness Quiz: Set 210

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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 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 Quiz 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 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 210

1. An economic situation in which there is slow economic growth and relatively high unemployment is known as_________
   A) Stagflation
   B) Deflation
   C) Core Inflation
   D) Recession
2. What do you understand by Contingency Fund?
   A) Funds borrowed by government from public to meet its deficit gap
   B) Fund maintained by government to meet some urgent or unforeseen expenditure
   C) Funds that includes all revenues and loans raised by the government
   D) Funds raised through auctions of government properties
3. _______ is a term used to define an economy in which there is no involvement of outside economies and the country is self sufficient to fulfill its needs without making imports from other country.
   A) Suffrage
   B) Syndicalism
   C) Democracy
   D) Autarchy
4. The income which has actually been earned by the business but not yet received in that financial period is known as______
   A) Deferred income
   B) Expenses
   C) Accrued Income
   D) Dissipate income
5. When is the SBI Day observed?
   A) 1st January
   B) 1st July
   C) 1st June
   D) 1st August
6. Cucumber, Watermelon, Pumpkins are which type of crops?
   A) Rabi
   B) Zaid
   C) Kharif
   D) None of These
7. Expand MPCE.
   A) Monthly Per-Capita Consumption Estimate
   B) Monthly Per-Capita Cost Expenditure
   C) Monthly Per-Capita Consumption Expenditure
   D) Monthly Per-Capita Cost Estimate
8. Maharatna Companies are the public sector undertakings with investment ceiling of upto Rs ___________
   A) Rs 500 crore
   B) Rs 2000 crore
   C) Rs 1000 crore
   D) Rs 5000 crore
9. The Reverse Repo rate is a tool used by the RBI to ___________
   A) Inject Liquidity
   B) Increase the liquidity with the banking system
   C) Keep liquidity at one level
   D) Absorb Liquidity
10. NABCONS are promoted by_______
    A) RBI
    B) NABARD
    C) SIDBI
    D) SEBI

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