Banking Awareness Quiz: Set 309

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 309

1. To get an MSME Loan, the eligibility criterion will be ______.

1. The business needs to be operating for at least six months when applying for the loan
2. The business shouldn’t have been blacklisted for even excluded from the SBA finance list
3. The physical location of the enterprise shouldn’t be in the negative location list.
4. Only option 1 & 2
5. All of the above

2. Who can apply to MSME?

1. Own a one-person company
2. Having proprietorship
3. Belong to Hindu undivided family
4. Producer company
5. All of the above

3. The MSME registered business will be availed several benefits such as:

1. They can avail subsidy on the registration of the patents when applying for one
2. The promotion of the business will not be eligible for a subsidy
3. They also can get exemption of interest on the overdraft they avail from banks
4. Both Option 1 & 3
5. All of the above

4. The entity who wants to register as a MSME has to submit documents like ______.

1. Business Address Proof
2. Copies of Sale Bill and Purchase Bill
3. Partnership Deed
4. Copy of Licenses and Bills of Machinery Purchased
5. All of the above

5. How many banks Were Nationalized In 1969?

1. 14
2. 16
3. 9
4. 19
5. None of these

6. Which bank among the following was not nationalized In 1969?

1. Central Bank of India
2. Andhra Bank
3. Bank of Maharashtra
4. Dena Bank
5. Syndicate Bank

7. Headquarter of Forward Markets Commission is located in _______.

1. New Delhi
2. Mumbai
3. Kolkata
4. Chennai
5. None of these

8. Pension Fund Regulatory and Development Authority (PFRDA) was established in _____

1. 1996
2. 2001
3. 2003
4. 1998
5. None of these

9. Forward Markets Commission main objective is to advise the Central government on matters of the Forwards Contract Act, _______.

1. 1951
2. 1935
3. 1917
4. 1952
5. None of these

10. Repo rate is the rate on which RBI provides a loan to the bank for short-term between 1 to ____ days.

1. 15 days
2. 180 days
3. 90 days
4. 30 days
5. 120 days

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