Banking Awareness Quiz: Set 227

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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, 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 227

1. What is the maximum limit for investing in the Sovereign Gold Bonds through cash mode?
   A) Rs 20,000
   B) Rs 50,000
   C) Rs 1 lakh
   D) Rs 75,000
    
2. 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) 100 crore
   C) 300 crore
   D) 500 crore
    
3. What is the service charge levied on Inward transactions made through RTGS?
   A) Rs 25 per transaction
   B) Rs 50 per transaction
   C) Nill
   D) Depends on banks
4. The amalgamation of an NBFC ‘A’ with NBFC/ entity ‘B’ requires prior written approval of ________
   A) Ministry of Finance
   B) SEBI
   C) NABARD
   D) RBI
    
5. Which of these loans do not come under the ECB framework?
   A) FCCB loans
   B) FCNR loans
   C) FCEB loans
   D) All comes under ECB framework
    
6. PRAN (Permanent Retirement Account Number) Card is a ________ digit unique number
   A) 12
   B) 9
   C) 15
   D) 11
    
7. The GST portal gives a unique number called CPIN. What does it stands for?
   A) Customer Portal Identification Number
   B) Company Portal Identification Number
   C) Central Portal Identification Number
   D) Common Portal Identification Number
    
8. What is the maximum limit of composite loan that a bank can sanction to MSME entrepreneurs?
   A) Rs 2 crore
   B) Rs 5 crore
   C) Rs 1 crore
   D) Rs 3 crore
    
9. The International Organisation of Securities Commissions is an association of organisations that regulate the world’s securities and futures markets. Its headquarter is based in which country?
   A) Madrid, Spain
   B) Vienna, Austria
   C) Rome, Italy
   D) London, United Kingdom
    
10. What is the Minimum Average Maturity Period (MAMP) for all ECBs?
    A) 5 years
    B) 3 years
    C) 2 years
    D) 7 years

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