Banking Awareness Quiz: Set 243

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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

Banking Awareness Quiz: Set 243

 

  1. Which of the following scheme is for collateral free loans to to Small/Micro business enterprises and individuals in the non-agricultural sector
    A) PMJDY

    B) PMMY
    C) PMEGP
    D) PMRPY
     
  2. What does R stands for in MUDRA?
    A) Return

    B) Refinance
    C) Risk
    D) Ratio
     
  3. MUDRA Bank is a subsidiary of?
    A) SBI

    B) SIDBI
    C) RBI
    D) EXIM Bank
     
  4. What is the maximum limit of loan under MUDRA Yojana?
    A) Rs 1 lakh

    B) Rs 5 lakh
    C) Rs 10 lakh
    D) Rs 50,000
     
  5. How many schemes/products are available under MUDRA Yojana?
    A) 2

    B) 3
    C) 5
    D) 4
     
  6. What is the maximum loan limit under the Shishu product of MUDRA Yojana?
    A) Rs 5 lakh

    B) Rs 1 lakh
    C) Rs 50,000
    D) Rs 10 lakh
     
  7. What is the outlay of MUDRA Yojana?
    A) Rs 3,000 Crore

    B) Rs 23,000 Crore
    C) Rs 20,000 Crore
    D) Rs 50,000 Crore
     
  8. What is the maximum limit of loans that Micro Finance Institutions can give under the MUDRA Yojana?
    A) Rs 5 lakh

    B) Rs 1 lakh
    C) Rs 50,000
    D) Rs 10 lakh
     
  9. Which of the following activities can be granted loan under MUDRA Yojana?
    A) purchase of Transport Vehicle

    B) Food Products Sector
    C) Textile Products Sector
    D) Agricultural Loans
     
  10. For which loan product under the MUDRA Yojana a single page application form available?
    A) Shishu

    B) Kishore
    C) Tarun
    D) All of these

 

 

ANSWERS
1. B) PMMY 2. B) Refinance
3. B) SIDBI 4. C) Rs 10 lakh
5. B) 3 6. C) Rs 50,000
7. C) Rs 20,000 Crore 8. B) Rs 1 lakh
9. D) Agricultural Loans 10. ) Shishu

 

 

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