Banking Awareness Quiz: Set 269

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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 269

 

  1. Name the first Small Finance bank in India to provide collateral free loans service  for small and marginal farmers.
    A) AU Small Finance Bank
    B) Ujjivan Small Finance Bank
    C) Jana Small Finance Bank
    D) Equitas Small Finance Bank
  2. The computation of interest on savings bank deposits is done on _____ basis?
    A) daily product basis
    B) monthly basis
    C) fortnightly basis
    D) maximum amount basis
  3. What does “M” stands in MDR?
    A) Market
    B) Merchant
    C) Monetary
    D) Monthly
  4. The approach of lending intended to provide a full-service approach to cater to the diverse needs of the MSE sector is known as?
    A) Micro financing
    B) Macro financing
    C) Enterprise financing
    D) Cluster financing
  5. MFIs offer financial services to low income populations. Expand MFI.
    A) Micro Finance Institutions
    B) Mixed Financial Institutions
    C) Monetary Financial Inclusion
    D) Minimum Finance Institution
  6. A centralized database with online connectivity to branches, Internet as well as ATM network enabling customers to access their bank account or perform basic transactions from any of the member branch offices is known as_____________
    A) Intranet Banking
    B) Mobile Banking
    C) Investment Banking
    D) Core Banking
  7. FIPB stands for___________
    A) Foreign Investment Processing Board
    B) Foreign Investment Promotion Board
    C) Foreign Institutional Promotion Board
    D) Foreign Industrial Payment Board
  8. Under Pradhan Mantri MUDRA Yojana, what is the maximum loan cover for ‘Kishore’ segment?
    A) Rs. 1 lakh
    B) Rs. 5 lakh
    C) Rs. 10 lakh
    D) Rs. 25 lakh
     
  9. The Nayi Disha Programme is an initiative of which bank for work-life balance of its employees?
    A) Axis Bank
    B) HDFC Bank
    C) Bank of Baroda
    D) State Bank of India
  10. What is the limit to avail collateral-free agriculture loans?
    A) Rs 1.0 lakh
    B) Rs 2.0 lakh
    C) Rs 1.6 lakh
    D) Rs 2.2 lakh

 

ANSWERS
1.B) Ujjivan Small Finance Bank 2. A) daily product basis
3. B) Merchant 4. D) Cluster financing
5. A) Micro Finance Institutions 6. D) Core Banking 
7. B) Foreign Investment Promotion Board 8. A) B) Rs. 5 lakh
9. D) State Bank of India 10. C) Rs 1.6 lakh

 

 

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