Banking Awareness Quiz: Set 308

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 308

1. The Holidays for the Banks are declared as per ______.

1. Banking Regulation Act
2. Negotiable Instruments Act
3. RBI act
4. Companies Act
5. None of these

2. Interest below which a bank is not expected to lend to customers is known as ______.

1. Bank Rate
2. Prime Lending Rate
3. Deposit Rate
4. Base Rate
5. None of these

3. What does the letter “C” denotes in the term CBS as used in Banking operations?

1. Central
2. Commercial
3. Core
4. Capital
5. None of these

4. The Term FTZ stand for?

1. Free Trade Zone
2. Fund Trade Zone
3. Foreign Trade Zone
4. Fiscal Trade Zone
5. None of these

5. Excise duty is the tax levied on?

1. Production of goods
2. Import of goods
3. Profits on sale of goods
4. Deposit of Money
5. None of these

6. A money deposited at a bank that cannot be withdrawn for a period fixed period of time is known as a _____.

1. Savings deposits
2. Mixed Deposit
3. Current Deposit
4. Term Deposit
5. None of these

7. The term Smart Money refers to ______.

1. Credit cards
2. Coins
3. Foreign currency
4. Notes
5. None of these

8. What does the letter “P” denote in the term PAN as used in Financial transactions?

1. Primary
2. Personal
3. Permanent
4. Provisional
5. None of these

9. The economy in which there is a mixture of public and private sector both is called ____.

1. Public Economy
2. Open Economy
3. Mixed Economy
4. Closed Economy
5. None of the above

10. Which of the following is a retail banking product?

1. Home loans
2. Working capital
3. Corporate term loans
4. Export Credit
5. All of the above

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