Banking Awareness Quiz: Set 293

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 293

1. Who issues a Treasury bills?

1. Reserve Bank of India
2. Government of India
3. Public Sector Banks
4. Private Sector Banks
5. Both 2 and 3

2. Which of the following is not a valid tenor of Treasury bills?

1. 31 days
2. 91 days
3. 182 days
4. 364 days
5. None of these

3. T-Bills are a type of ___

1. floating coupon securities
2. zero coupon securities
3. Amortizing Bond
4. sinkable bond
5. None of these

4. What is the minimum maturity tenor of a Commercial Paper?

1. 3 days
2. 7 days
3. 14 days
4. 30 days
5. 45 days

5. Which of these payment system can be defined as: Multiple Debit, Single Credit?

1. NEFT
2. RTGS
3. UPI
4. ECS
5. None of the above

6. Which of these payments system is not managed by NPCI?

1. NACH
2. BHIM
3. NEFT
4. CTS
5. None of the above

7. The payment and settlement systems in India is regulated as per which act?

1. Banking Regulation Act, 1949
2. Reserve Bank of India Act, 1934
3. Payment and Settlement Systems Act, 2007
4. NPCI Act, 2002
5. None of the above

8. NPCI has been incorporated under Section 8 of which Act?

1. Banking Regulation Act, 1949
2. Reserve Bank of India Act, 1934
3. Payment and Settlement Systems Act, 2007
4. Companies Act, 2013
5. None of the above

9. Which organization was formed for managing retail payment in India?

1. UPI
2. NPCI
3. IBA
4. BHIM
5. None of these

10. Which of the following undertakes the Oversight function of the payment and settlement systems in India?

1. NPCI
2. RBI
3. IBA
4. SBI
5. None of the above

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