Banking Awareness Quiz: Set 219

Dear Readers,

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 219

Q1. Which among the following sectors is the largest contributor to the Indian Economy?
A) Mining
B) Agriculture
C) Service
D) Electricity

Q2. In a BSBDA-Small Account, the total withdrawals and transfers of funds in a month should not exceed Rs. ________.
A) Rs 10,000
B) Rs 5,000
C) Rs 12,000
D) Rs 15,000

Q3. The removal of unnecessary economic restrictions and regulations is known as______.
A) Privatization
B) Liberalization
C) Globalization
D) Capitalization

Q4. Which among the following is not an example of debt?
A) Shares
B) Term loans
C) Bonds
D) Debentures

Q5. Who calculates the National Income in India?
A) Several economists
B) Ministry of Finance
C) RBI
D) Central Statistical Organisation

Q6. Under the Liberalised Remittance Scheme of RBI, what is the maximum amount that an Indian resident can remit in a particular financial year?
A) USD 2,00,000
B) USD 1,50,000
C) USD 2,50,000
D) USD 1,00,000

Q7. GDP + Money flowing in from foreign countries – Money flowing to foreign countries is represented by ______.
A) National Income
B) GNI
C) NNP
D) GNP

Q8. The sub­standard asset are those which has remained NPA for a period of less than or equal to ________.
A) 3 months
B) 6 months
C) 9 months
D) 12 months

Q9. Per capita income (PCI) can be determined by:
A) National Income + Total Population of the Country
B) National Income X Total Population of the Country
C) National Income / Total Population of the Country
D) National Income – Total Population of the Country

Q10. According to RBI, the maximum value in prepaid gift instrument cannot exceed Rs ________ at any time.
A) Rs 10,000
B) Rs 5,000
C) Rs 8,000
D) Rs 2,000

Read More:

Thank You.

By TEAM ExamsCart.com   

(Government Exams ? Crack with Us…)