Banking Awareness Quiz: Set 252

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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 252

1. MCLR is used to determine rates of interests for loans. What does M denotes in MCLR?
   A) Minimum
   B) Mature
   C) Marginal
   D) Measured
2. CTS is used for faster clearing of cheques. CTS stands for ________
   A) Cheque Truncation System
   B) Cheque Transfer System
   C) Cheque Transaction System
   D) Cheque Termination System
3. Which of these is SEBI recognised clearing corporation in India?
   A) Metropolitan Clearing Corporation of India Ltd.
   B) India International Clearing Corporation (IFSC) Limited
   C) Multi Commodity Exchange Clearing Corporation Ltd.
   D) All the above
4. High Quality Liquid Assets (HQLAs) are basis for the purpose of computing the LCR of banks. What do LCR stands for?
   A) Least Cost Rate
   B) Liquidity Coverage Ratio
   C) Loan to Cost Ratio
   D) Leveraged Cost Rate
5. Which bank has launched the ‘NRI-Insta-Online’ account-opening facility to enable NRIs open account without submitting paper documents?
   A) ICICI
   B) HDFC
   C) IDBI
   D) Axis Bank
6. RBI has increased the minimum Leverage Ratio (LR) requirement for Domestic Systemically Important Banks (DSIBs) to __________
   A) 3%
   B) 3.5%
   C) 4%
   D) 2.5%
7. ECCS is a new automated End-to-End Clearing & Settlement Solution. What does E stands for in ECCS?
   A) Electronic Cheque Clearing System
   B) Express Cheque Clearing System
   C) Elementary Cheque Clearing System
   D) Estimated Cheque Clearing System
8. In CBLO, what does C denotes?
   A) Collateralized
   B) Commercial
   C) Certificate
   D) Currency
9. SDLs are dated securities issued by states for meeting their market borrowings requirements. Expand SDL.
   A) Society Development Loans
   B) Small Development Loans
   C) Securities Derivative Loans
   D) State Development Loans
10. Which of these Commercial banks has a picture of Dog in its logo?
    A) Punjab National Bank
    B) Bank of Baroda
    C) Syndicate Bank
    D) Allahabad Bank

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