Banking Awareness Quiz: Set 299

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 299

1. What is the minimum paid up capital a bank must have to be eligible for inclusion in the Second Schedule to the Reserve Bank of India Act, 1934?

1. Rs 1 lakh
2. Rs 50 lakh
3. Rs 10 lakh
4. Rs 5 lakh
5. Rs 5 crore

2. Which of the following is true about non-scheduled banks in India?

1. A non-scheduled bank doesnot have to maintain CRR with the RBI
2. it cannot lend money from RBI under LAF
3. The banks named under third schedule of RBI Act 1934, are non-scheduled banks.
4. All of the above
5. Only 1 and 2 are true

3. The minimum start-up capital of a Local Area Banks (LAB) is fixed at ___.

1. Rs 5 crore
2. Rs 4 crore
3. Rs 3 crore
4. Rs 1 crore
5. None of these

4. In _____ it was decided to allow the establishment of local banks in the private sector.

1. 1989
2. 1991
3. 1993
4. 1996
5. 1999

5. Which is the first Regional Rural Bank in India?

1. Prathama Grameen Bank
2. Saurashtra Gramin Bank
3. Pallavan Grama Bank
4. Saptagiri Grameena Bank
5. None of the above

6. What is the share of Central Government in share capital of RRBs?

1. 17%
2. 35%
3. 50%
4. 25%
5. 65%

7. Urban Cooperative Banks are also called as ______.

1. Short Term Cooperative Banks
2. Primary Cooperative Banks
3. Secondary Cooperative Banks
4. Long Term Cooperative Banks
5. Mid Term Cooperative Banks

8. State Cooperative Banks (StCBs) are regulated by RBI and Supervised by ______ under Sec 35 A of the Banking Regulation Act.

1. DCC
2. RBI
3. NABARD
4. State Government
5. PCB

9. Which bank is outside the purview of the Banking Regulation Act, 1949?

1. Primary Cooperative Banks
2. Primary Agricultural Credit Societies
3. Central Cooperative Banks
4. State Cooperative Banks
5. None of these

10. A scheduled bank is one that is listed in the ______of RBI Act, 1934.

1. 5th schedule
2. 4th schedule
3. 3rd schedule
4. 2nd schedule
5. 1st schedule

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