Banking Awareness Quiz: Set 262

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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 262

1.On which of the following the Aatma Nirbhar Bharat Abhiyaan package is focused?

1. Labour
2. Land
3. Liquidity
4. Laws
5. All the above

2.For the FY 2020-21, how much reduction in Rates of ‘Tax Deduction at Source’ and ‘Tax Collected at Source” is announced under Aatma Nirbhar Bharat Abhiyaan?

1. 25%
2. 24%
3. 23%
4. 22%
5. 21%

3.How much Special Liquidity Scheme is announced by the Government for NBFC/HFC/MFIs in Aatma Nirbhar Bharat Abhiyaan?

1. Rs 10,000 crores
2. Rs 20,000 crores
3. Rs 30,000 crores
4. Rs 40,000 crores
5. None of these

4.Which of the following is not a method to calculate the Gross Domestic Product (GDP)?

1. Expenditure method
2. Diminishing cost method
3. Income law
4. Product method
5. All of the above

5.The total amount of income from economic activities across the country in a year is called _____.

1. Disposable income
2. National income
3. Personal income
4. Gross income
5. None of these

6.Which of the following statements is correct?

1. GDP at factor cost = Net Value Addition – Depreciation
2. GDP at factor cost = Net price increase + indirect tax
3. GDP at factor cost = Net Value Addition + Depreciation
4. GDP at factor cost = Net price increase + direct tax
5. All of the above

7.Which statement is correct for nominal GDP?

1. Nominal GDP is calculated based on current prices.
2. Nominal GDP is calculated based on the base prices.
3. Data on Nominal GDP shows an accurate picture of the economy as compared to real GDP.
4. Onlly 1 & 2
5. Onlly 2 & 3

8.Which sector contributes the most income to India’s economy?

1. Secondary sector
2. Tertiary sector
3. Primary sector
4. Both 1 & 3
5. Both 2 & 3

9.What is the base year for calculating India’s GDP?

1. 2001-02
2. 2014-15
3. 2004-05
4. 2010-11
5. 2011-12

10.Who releases data of national income in India?

1. NITI Aayog
2. GoI
3. CSO
4. Ministry of Finance
5. None of these

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