Banking Awareness Quiz: Set 246

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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 246

1. Banks are required to enter into agreement with CPTCs to participate in the Gold Monetisation Scheme. What do we mean by CPTCs?
   A) Certified Professional Technical Communicator
   B) Collection and Purity Testing Centre
   C) Central Payments Technology Club
   D) Central Passenger Terminal Complex
    
2. External Commercial Borrowings from overseas have to be in compliance with the applicable guidelines contained in___________
   A) Export-Import Bank of India Act, 1981
   B) Securities and Exchange Board of India Act, 2018
   C) Reserve Bank of India Act, 1934
   D) Foreign Exchange Management (Borrowing and Lending in Foreign Exchange) Regulations, 2018
    
3. Which of the following NRI accounts in India allows only Term Deposit?
   A) Foreign Currency (Non-Resident) Account [FCNR]
   B) Non-Resident (External) Rupee Account [NRE]
   C) Non-Resident Ordinary Rupee Account [NRO]
   D) None of these
    
4. What is the maximum limit per transaction allowed using PPIs for cross-border outward transactions
   A) Rs 5,000
   B) Rs 10,000
   C) Rs 12,000
   D) Rs 15,000
    
5. At what rate is the compensation paid by banks to eligible customers for delays beyond 7 working days in resolving failed ATM transactions?
   A) Rs 150 per day
   B) Rs 50 per day
   C) Rs 100 per day
   D) Rs 75 per day
6. What is the minimum permissible investment limit under the Sovereign Gold Bond Scheme?
   A) 2 gm
   B) 1 gm
   C) 5 gm
   D) 8 gm
    
7. The theme for Financial Literacy Week 2019 is ____________
   A) Farmers
   B) Women
   C) Startups
   D) Financial Inclusion
    
8. The minimum holding period requirement decided for NBFC towards loans with maturity of over five year, before securitising them is ______________
   A) 24 months
   B) 12 months
   C) 6 months
   D) 9 months
    
9. Who is the Chairman of the Canara Bank?
   A) Debashish Mukherjee
   B) M.V Rao
   C) R. A. Shankara Narayan
   D) T. N. Manoharan
    
10. BuyUcoin is an Indian Cryptocurrency Exchange based in
    A) New Delhi
    B) Mumbai
    C) Hyderabad
    D) Bengaluru

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