Banking Awareness Quiz: Set 211

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The Banking Awareness 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 211

1. The Unified Payments Interface (UPI) is regulated by?
   A) Government of India
   B) NPCI
   C) Reserve Bank of India
   D) Scheduled Commercial Banks
2. What is the Sovereign credit rating of India as per the latest evaluations by rating agency Fitch?
   A) BB-
   B) BBB
   C) BB+
   D) BBB-
3. What is the full form of SEZ in banking?
   A) Static Economic Zone
   B) Special Economic Zone
   C) Strategic Economic Zone
   D) Specific Economic Zone
4. What is the current Reverse Repo Rate?
   A) 4%
   B) 3.35%
   C) 4.25%
   D) 5.50%
5. Currently, the interest rate charged on Ways and Means Advances (WMA) by RBI is equal to
   A) Reverse Repo Rate
   B) SLR
   C) MSF
   D) Repo Rate
6. Which bank has launched the Next-Gen mobile banking app?
   A) HDFC Bank
   B) Axis Bank
   C) ICICI Bank
   D) Yes Bank
7. According to RBI, “Bulk Deposit” means single Rupee term deposits of Rs ___________ and above.
   A) Rs 1.5 crore
   B) Rs 50 lakh
   C) Rs 1 crore
   D) Rs 2 crore
8. The Foreign Exchange Management Act (FEMA) to promote external trade and payments was passed in which year?
   A) 2000
   B) 1999
   C) 1989
   D) 1992
9. MTSS is a quick and easy way of transferring personal remittances from abroad to beneficiaries in India. What does M stands for in the given abbreviation?
   A) Manage
   B) Minimum
   C) Monetary
   D) Money
10. Which of the following is not permitted to participate for transaction in call/notice money market?
    A) Regional Rural Banks
    B) Public Sector Banks
    C) Co-operative Banks
    D) Primary Dealers (PDs)

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