Banking Awareness Quiz: Set 312

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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

Banking Awareness Quiz: Set 312

 

 

1. The implementation of Indian Accounting Standards (IndAS) for banks has been deferred to ____.

1. 01 April 2019
2. 01 April 2020
3. 31 March 2019
4. 31 March 2020
5. None of these

View Answer

1. 01 April 2019

2. RBI reviewed the Guidelines on STRIPS for government securities. What does R stands for in STRIPS?

1. Regulated
2. Reimbursed
3. Robust
4. Registered
5. None of the above

View Answer

4. Registered

3. With a view to build up adequate reserves to protect against increase in yields in future, all banks are required to create which of the following reserves from 2018-19?

1. MTM
2. IFR
3. AFR
4. ARS
5. None of these

View Answer

2. IFR

4. For raising External Commercial Borrowings (ECB) for working capital with minimum maturity period of 3/5 years, the overall ceiling for such ECBs shall be?

1. USD 50 billion
2. USD 50 million
3. USD 10 million
4. USD 10 billion
5. None of the above

View Answer

4. USD 10 billion

5. Payments Bank and Small Finance Banks are eligible to participate in Call Money Market as _____

1. Only Borrowers
2. Only Lenders
3. Both Borrowers and Lenders
4. They cannot participate in Call Money Market
5. None of the above

View Answer

3. Both Borrowers and Lenders

6. For the purpose of ensuring that all its sponsors are fit and proper, every Asset Reconstruction Companies (ARCs) have to obtain declaration from all its sponsors within ______ of the close of financial year.

1. 14 days
2. 1 month
3. 2 months
4. 6 months
5. 12 months

View Answer

2. 1 month

7. As per the Internal Ombudsman Scheme 2018, all SCBs in India having more than ____ banking outlets are required to appoint Internal Ombudsman (IOs).

1. 10
2. 15
3. 20
4. 25
5. 30

View Answer

1. 10

8. Which organization computes and disseminates reference rates for INR/USD in India?

1. RBI
2. FBIL
3. SEBI
4. State Government
5. PCB

View Answer

2. FBIL

9. National Payment Corporation of India(NPCI) has gained the status of being a SIPI. What does the 2nd I in SIPI stands for?

1. Important
2. Interface
3. Infrastructure
4. Institution
5. None of these

View Answer

3. Infrastructure

10. RBI has instructed banks to introduce swappable locked cassettes for ATM and at least ____ ATMs must have cassette swap by March 31, 2021.

1. one fourth
2. one third
3. half
4. one fifth
5. None of the above

View Answer

2. one third

 



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11. Daily Current Affairs Quiz Click Here

 

 

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