Banking Awareness Quiz: Set 303

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 303

1. SLR stands for _______.

1. State Luxury Ratio
2. Statutory Liquidity Rate
3. Statutory Liquidity Ratio
4. State Liquidity Ratio
5. None of these

2. The maximum limit of SLR is _______.

1. 40%
2. 30%
3. 50%
4. 75%
5. No Limit

3. SLR rate is determined and maintained by _____ in order to control the expansion of the bank credit.

1. DICGC
2. SEBI
3. RBI
4. SBI
5. None of these

4. If the interest rate increases by 50 basis points (bsp), then it means that interest rate has been increase by _______%.

1. 0.05%
2. 0.50%
3. 0.25%
4. 1.00%
5. None of these

5. Current SLR rate is _______%.

1. 18.50%
2. 22%
3. 21.50%
4. 15.75%
5. None of these

6. Current Repo rate is _______%.

1. 4.00%
2. 3.00%
3. 3.75%
4. 4.50%
5. None of these

7. Current Reverse Repo rate is _______%.

1. 4.45%
2. 3.35%
3. 3.50%
4. 4.00%
5. None of these

8. The main objectives for maintaining the SLR ratio are:

1. to control the expansion of bank credit.
2. to ensure the solvency of commercial banks.
3. to compel the commercial banks to invest in government securities like government bonds.
4. All of the above
5. None of the above

9. CRR stands for _______.

1. Casio Rate Ratio
2. Cash Reserve Ratio
3. Cash Reserve Rate
4. Consolidated Reserve Rate
5. None of these

10. UIDAI stands for _________.

1. Union Identification Authority of India
2. Unique Identification Apex of India
3. Unique Identity Authority of India
4. Unique Identification Authority of India
5. None of these

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