Banking Awareness Quiz: Set 257

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Dear Readers,

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 257

  1. ______ ratio basically shows how much deposit a bank has in the form of Recurring and fixed deposits.

1. RAFA
2. CRR
3. MSF
4. SLR
5. None of these

2. _____ is basically a method which is used by fraudsters to capture customer’s personal or account information of credit card.

1. Cheating
2. Mocking
3. Skimming
4. Tanging
5. None of these

3. _______ is basically a proper limit sanctioned by the bank to the borrowing manufacturing/trading unit against the value of the raw materials, semi-finished goods and finished goods including stores.

1. Direct Debit
2. Cash Credit
3. Term Loan
4. Retail credit
5. None of these

4. LIBOR is an acronym which is used for the _________.

1. London Interbank Online Rate
2. London Internationalbank Offer Rate
3. Local Interbank Offered Rate
4. London Interbank Offered Rate
5. None of these

5. MIBOR is an acronym used for ________.

1. Mumbai Interbank Online Rate
2. Mumbai Interest Offered Rate
3. Mumbai Interbank Offered Rate
4. Mahanagar Interbank Offered Rate
5. None of these

6. ______ refers to a condition in which there is an immediate decline in the availability of a loan or the credit.

1. Credit note
2. Credit crunch
3. Credit shortage
4. Amortization
5. None of these

7. PCR is an acronym which is used for the _________.

1. Public Credit Registry
2. Public Cash Registry
3. Public Credit Reserve
4. Public Cash Reserve
5. None of these

8. ______ refers to the degree to which an asset or security can be quickly bought or sold in the market without affecting the asset’s price.

1. Refinance Facilities
2. Retail credit
3. Liquidity
4. Mobility
5. All of these

9. ______ is a type of money which we used in reference to the hard plastic cards we use every day in place of actual bank notes.

1. cash cards
2. pre-paid card
3. debit card
4. credit card
5. All of these

10. OMO is an acronym which is used for the _________.

1. Open Money Operations
2. Open Market Operations
3. Open Market Output
4. Other Market Operations
5. None of these

ANSWERS
1. 1. RAFA 2. 3. Skimming
3. 2. Cash Credit 4. 2. London International bank Offer Rate
5. 3. Mumbai Interbank Offered Rate 6. 2. Credit crunch
7. 1. Public Credit Registry 8. 3. Liquidity
9. 5. All of these 10. 2. Open Market Operations

 

 

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