Banking Awareness Quiz: Set 288

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 288

1. When bank accept a fixed sum of money from an individual for a definite term and pay on maturity with interest, the deposit is known as ___.

1. Term deposit
2. Demand Deposit
3. Bond
4. Mortgage
5. None of these

2. Issuing credit cards is a component of __.

1. Corporate Banking
2. Rural banking
3. Retail Banking
4. Micro finance
5. None of these

3. Certificate of deposits have a minimum value of ___.

1. Rs 1 lakh
2. Rs 10 Lakh
3. Rs 25 lakh
4. Rs 1 crore
5. None of these

4. A loan bearing low rate of interest is known as __.

1. Hard loan
2. Soft loan
3. Capital Loan
4. Real Loan
5. None of these

5. When the loan is guaranteed for purchase of white goods it is called __.

1. White goods loan
2. Consumer durable loan
3. Business loan
4. Consumption loan
5. None of these

6. Tier-I capital of Banks doesn’t not includes ___.

1. Paid up capital
2. Statutory reserves
3. Revaluation reserves
4. Investment fluctuation reserves
5. None of these

7. The Full form of MIBOR is ___.

1. Mumbai Inter bank offer rate
2. Melboure inter bank offer rate
3. Madrid inter bank offer rate
4. Mumbai Inter base offer rate
5. None of these

8. The RBI has helped to finance India’s Foreign trade through __.

1. NABARD
2. EXIM Bank
3. SBI
4. IDBI
5. None of the above

9. Which of the following is generally referred to as Broader measure of money supply?

1. M1
2. M2
3. M3
4. M3
5. M4

10. What do you understand by Para Banking services?

1. Eligible financial services rendered by bank
2. Utility services provided by bank
3. Services provided through business correspondent
4. Services proved to armed force personnel
5. None of these

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