Banking Awareness Quiz: Set 214

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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 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 Quiz 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  Quiz 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 214

1. __________ balance is equal to capital flows from the rest of the world minus capital flows to the rest of the world.
   A) Savings account
   B) Capital account
   C) Current account
   D) Assets account
2. What do you understand by the term Capital Gains?
   A) Portion of profit added to the capital
   B) Increment in the capital investment of a business
   C) Appreciation in the money value of assets
   D) All the above
3. Which among the following formulas are correct?
   A) NNP = GNP – Depreciation
   B) NDP = GNP – NNP
   C) NNP = GDP – Depreciation
   D) NNP = GNP – GDP
4. Of the given options, which factors determines the financial health of a country?
   A) Wholesale Index
   B) Inflation Index
   C) GDP
   D) All the above
5. _______ refers to the interest paid by the government on the loans raised
   A) Deficit Financing
   B) Debt Servicing
   C) Discounted Budgeting
   D) Bridge Loan
6. The Consumer Price Index (CPI) is determined by ________.
   A) Labour Bureau
   B) RBI
   C) NITI Aayog
   D) Ministry of Finance
7. A Systemically Important Core Investment Company (CIC-ND-SI) is a Non-Banking Financial Company with asset size of Rs ____________ and above.
   A) 200 crore
   B) 500 crore
   C) 100 crore
   D) 150 crore
8. We often see ‘BE’ while going through the Union budget. What does it implies?
   A) Budget Expenditure
   B) Budget Expense
   C) Budget Evaluation
   D) Budget Estimates
9. In QR code, what does R denotes?
   A) Receiver
   B) Result
   C) Range
   D) Response
10. Which among the following is not a valid electronic mode of fund transfer system?
    A) CTS
    B) RTGS
    C) IMPS
    D) NEFT

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