Banking Awareness Quiz: Set 283

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 283

1. Which of the following organisation provides credit history of the borrowers?

1. CIBIL
2. SEBI
3. RBI
4. IBA
5. None of these

2. The term Deficit Financing means the government borrows money from the ______.

1. large corporates
2. Local bodies
3. IMF
4. RBI
5. None of these

3. Excise duty is the tax levied on which of the following?

1. Production of goods
2. Purchase of goods
3. Export of goods
4. Sale of goods
5. None of these

4. Upper limit prescribed for RTGS transactions is ?

1. Rs 2.5 lakh
2. Rs 1 lakh
3. Rs 5 lakh
4. No upper limit is prescribed
5. None of these

5. When a bank returns a cheque unpaid, it is called _____.

1. payment of cheque
2. dishonour of cheque
3. cancelling of cheque
4. taking of cheque
5. None of these

6. Which of the following is not a negotiable instrument?

1. Cheque
2. Fixed Deposit Receipt
3. Promissory note
4. Bill of Exchange
5. None of these

7. In economic terms. the total market value of all final goods and services produced in a country in a given year is known as ____.

1. GDP
2. GNI
3. Inflation
4. UPI
5. None of these

8. Special Drawing Rights are the rights of countries provided by _____.

1. World Bank
2. IMF
3. ADB
4. Federal reserves
5. None of these

9. Pre-shipment finance is provided by the banks only to ____.

1. Credit card holders
2. Students aspiring for further studies
3. Brokers in equity market
4. Exporters
5. None of these

10. In banking business, when the borrowers avail a Term Loan, initially they are given a repayment holiday and this referred as _____.

1. Subsidy
2. Interest Waiver
3. Re-phasing
4. Moratorium
5. None of these

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