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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 295
1. Rupay card was launched by which organization in India?
1. National Payment Corporation India
2. Reserve Bank of India
3. State Bank of India
4. Bank of India
5. None of these
1. National Payment Corporation India
2. Securitization is the process of acquisition of loan classified as ______.
1. Standard assets
2. Book debts
3. Non-performing assets
4. Performing assets
5. None of these
3. Non-performing assets
3 In which year plans to implement Basel-3 norms in banks?
1. 2019
2. 2020
3. 2021
4. 2024
5. None of these
1. 2019
4. The 0 in IFS Code is placed in the ______ position of the 11 digit IFS Code.
1. 4th
2. 3rd
3. 5th
4. 6th
5. 7th
3. 5th
5. The term “BANK” defined in the section 5(b) of _________
1. Banking Regulation Act, 1949
2. Regional Rural Bank Act, 1975
3. Negotiable Instrument Act, 1881
4. Reserve Bank of India Act, 1934
5. None of the above
1. Banking Regulation Act, 1949
6. Replacing physical shares with electronic shares is a process known as ____
1. Re-materialization
2. Securitization
3. Dematerialization
4. Truncation
5. None of the above
3. Dematerialization
7. Scheduled Banks are classified under 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
2. Reserve Bank of India Act, 1934
8. The contract notes that are issued by Foreign Institutional Investor (FII) to their clients (not registered with SEBI), investing in Indian Stock Market.
1. Participatory Note
2. Promissory Note
3. Derivative
4. Depository receipt
5. None of the above
1. Participatory Note
9. The term “Audit Trail” stands for ______.
1. Audit history of a firm
2. credit history of a firm
3. chronological sequence of transactions
4. documentation of items purchased
5. None of these
3. chronological sequence of transactions
10. Customer is defined as per provision of _____.
1. Banking Regulation Act, 1949
2. KYC guidelines
3. Negotiable Instrument Act, 1881
4. Indian Contract Act, 1872
5. None of the above
2. KYC guidelines
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