Banking Awareness Quiz: Set 322

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 322

1. First Indian Governor of the RBI:
a) C.D. Deshmukh
b) Sachindra Ray
c) S. Mukherjee
d) D.I.G. Patel
e) None of the above

2. CGTMSE (Credit Guarantee Fund Trust for Micro and Small Enterprises) has been set up on the recommendations of:
a) Narashimham Committee
b) Ghosh Committee
c) Chore Committee
d) Kapoor Committee
e) Krishna Committee

6. In India, Chit Funds are regulated by – 
1. RBI
2. Local Bodies
3. RRB
4. Government of India
5. State Governments

7. National Income refers to – 
1. money value of stocks and shares of a country during a year
2. money value of goods and services in a country during a year
3. money value of capital goods produced by a country during a year
4. money value of consumer goods produced by a country during a year
5. None of these  

8. What is the main role of Credit Bureau?
1. Blacklisting borrowers with bad credit record
2. Collects credit information on borrowers and supplies the information back to lenders
3. gives credit assessment of borrowers
4. dictates credit decisions of financial institutions.
5. None of these

9. Dumping is a mean of Price Discrimination related to – 
1. Bank Rates
2. Industrial Trades
3. International Trades
4. Financial Market Trades
5. None of these

10. Consider the given Statements about FEMA:
a) The Foreign Exchange Management Act (FEMA) became an act on the 1st day of June, 2002.
b) It replaced FERA.
c) It made all offenses regarding foreign exchange civil offenses, as opposed to criminal offenses as dictated by FERA.
Which of the following of the statements given above is/are true?
1. Both (a) and (b)
2. Both (b) and (c)
3. Only (a)
4. Only (b)
5. All of the above 

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