Banking Awareness Quiz: Set 218

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Welcome to the 2021 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 218

Q1. Who regulates Prepaid Payment Instruments in India?
A) Scheduled Commercial Banks
B) SEBI
C) National Payments Corporation of India
D) Reserve Bank of India

Q2. Which of the following is used to determine the Dearness Allowance of employees in India?
A) National Income
B) Consumer Price Index
C) Per Capita Income
D) Standard of Living

Q3. The Liberalised Remittance Scheme was introduced by the RBI in which year?
A) 2005
B) 2000
C) 2010
D) 2016

Q4. The Economic Survey in India is published every year by which body?
A) Ministry of Commerce
B) NITI Aayog
C) RBI
D) Ministry of Finance

Q5. The NPA can be classified into how many types on the basis of period for which assets remained stressed?
A) Two
B) Five
C) Three
D) Four

Q6. Which among the following is not a valid method to calculate the national income in India?
A) Value Added Method
B) Investment Method
C) Income Method
D) Expenditure Method

Q7. The Nainital Bank was merged with which bank in 2006?
A) Bank of Baroda
B) ING Vyasa Bank
C) New Bank of India
D) Global Trust Bank

Q8. Who is the Chairman of the Fifteenth Finance Commission of India?
A) A. N. Jha
B) N.K. Singh
C) Ramesh Chand
D) Ashok Lahiri

Q9. What is the maximum limit of amount that can be deposited in BSBDA Account in a month?
A) Rs 1 lakh
B) Rs 75,000
C) No limit
D) Rs 90 lakh

Q10. The tertiary sector of an economy can be best denoted from which of these options?
A) Animal Husbandry
B) Cultivation of crops
C) Cotton Manufacturing
D) Power & Transportation

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