Banking Awareness Quiz: Set 278

Banking Awareness Quiz

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: Set 278

1. FCNR stands for ______

1. Foreign Currently Non Resident
2. Foreign Currency Non Resident
3. Foreign Country Non Resident
4. Fraud Currency Non Reserve
5. None of these

2. Loans up to Rs. ______ can be extended against security of funds held in FCNR (B) deposit either to the depositors or third parties.

1. 10 lakh
2. 200 lakh
3. 100 lakh
4. No Limit
5. None of these

3. Foreign Currency Non Resident (Bank) Accounts are only in the form of term deposits of 1 to ____ years.

1. 2
2. 7
3. 5
4. 3
5. None of these

4. Loans up to Rs. ______ can be extended against security of funds held in NRE Account either to the depositors or third parties.

1. 100 lakh
2. 500 lakh
3. 20 lakh
4. 50 lakh
5. None of these

5. DICGC stands for ________.

1. Demand Insurance and Credit Guarantee Corporation
2. Deposit Insurance and Credit Guarantee Corporation
3. Deposit Insurance and Credit Guarantee Company
4. Deposit Insurance and Cash Guarantee Corporation
5. None of these

6. DICGC is a ____% subsidiary of Reserve Bank of India.

1. 33%
2. 25%
3. 50%
4. 100%
5. None of these

7. DICGC was established on ______.

1. 1978
2. 1961
3. 1998
4. 2004
5. None of these

8. DICGC insures all bank deposits, such as saving, fixed, current, recurring deposits for up to the limit of Rs. _____ of each deposits in a bank.

1. 50,000
2. 500,000
3. 100,000
4. 25,000
5. None of these

9. The DICGC insures all deposits such as savings, fixed, current, recurring, etc. except the which types of deposits?

1. Deposits of foreign Governments
2. Inter-bank deposits
3. Deposits of Central/State Governments
4. Deposits of the State Land Development Banks with the State co-operative bank
5. All of the above

10. Roles of a Business Correspondent are:

1. Business correspondents are bank representatives.
2. They help villagers to open bank accounts.
3. The Business Correspondent carries a mobile device.
4. They help villagers in banking transactions.
5. All of the above

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