Banking Awareness Quiz: Set 239

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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 Quiz: Set 239

1. Recently the Central banks of which countries have completed the first international cross-currency payment with digital currencies
   A) Singapore & Canada
   B) Australia and Germany
   C) United States & France
   D) Singapore & United States
    
2. What should be the minimum paid up capital requirement for new Private Bank in India?
   A) Rs 200 crore
   B) Rs 500 crore
   C) Rs 300 crore
   D) Rs 100 crore
    
3. The sovereign loan operations in India started in which year?
   A) 2001
   B) 2014
   C) 1986
   D) 1999
    
4. The Investor Protection and Education Fund is maintained by?
   A) RBI
   B) NABARD
   C) Ministry of Finance
   D) SEBI
    
5. According to the Banking Regulation Act, what is the maximum ceiling upto which RBI can fix SLR rate?
   A) 50%
   B) 40%
   C) 75%
   D) 60%
    
6. Which of these methods is not used to measure the National Income?
   A) Production method
   B) Income method
   C) Expenditure method
   D) Product method
    
7. Which of these was set up to promote new technological inputs in rural sector?
   A) NPCI
   B) HUDCO
   C) CAPART
   D) SIDBI
    
8. Which of these is not an example of value added services offered by banks?
   A) Accident insurance cover
   B) Tax relief services
   C) 24-hour live video customer service
   D) Free cheque book facility
    
9. ______ is large loan extended by a group of small banks to a single borrower especially corporate borrowers, or government
   A) Syndicate loan
   B) Group loan
   C) Standard loan
   D) Corporate loan
    
10. What is the rate of interest payable on Exchange earners’ foreign currency account (EEFC)?
    A) 4%
    B) Nil
    C) 6.5%
    D) 3.2%

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