Banking Awareness Quiz: Set 324

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 324

Q1. Which of the following Private sector Bank has launched the fourth edition of ‘Evolve’ in Coimbatore, Tamil Nadu recently?
(a) Kotak Mahindra Bank
(b) ICICI Bank
(c) HDFC Bank
(d) Axis Bank
(e) South Indian Bank

Q2. Indian Overseas Bank (IOB) has received ____________ crore capital infusion from the government in the current fiscal.
(a) Rs 1177.07 crore
(b) Rs 173.06 crore
(c) Rs 1548.03 crore
(d) Rs 453.05 crore
(e) Rs 1000.09 crore

Q3. The Reserve Bank of India will link the base rate with the MCLR from 1st of April 2018 to ensure expeditious transmission of its policy rate to borrowers. What is the meaning of “R” in MCLR?
(a) Ratio
(b) Reimburse
(c) Risk
(d) Reserve
(e) Rates

Q4. The Reserve Bank of India announced setting up ombudsman for addressing customer grievances in the non-banking finance companies. The Banking Ombudsman Scheme is introduced under Section 35 A of the Banking Regulation Act, 1949 by RBI with effect from-
(a) 1991
(b) 1993
(c) 1995
(d) 1997
(e) 1999

Q5. Which Bank has launched its new Sonic Identity, which is essentially a musical logo called ‘MOGO’, as part of its branding initiatives?
(a) IndusInd Bank
(b) Lakshmi Vilas Bank
(c) RBL Bank
(d) Karnataka Bank
(e) Karur Vysya Bank

Q6. In the field of banking, what does ADF stand for?
(a) Additional Dearness Allowance
(b) Automated Data Flow
(c) Additional Deposit Allowance
(d) Automated Deposit Allowance
(e) None of the given options is true

Q7. Which of the following is governed by the provisions of Section 42 (1) of the Reserve Bank of India Act, 1934?
(a) Bank rate
(b) Reverse Repo Rate
(c) SLR
(d) CRR
(e) MSF

Q8. National Sample Survey Organisation (NSSO) is an organization under the-
(a) Ministry of Finance
(b) Ministry of Rural Development
(c) Ministry of Commerce and Industry
(d) Ministry of Electronics and Information Technology
(e) Ministry of Statistics and Programme Implementation

Q9. BCSBI was registered as a society under the _____________ in February 2006.
(a) Companies Act, 1956
(b) Societies Registration Act, 1860
(c) Banking Regulation Act, 1949
(d) Reserve Bank of India Act, 1934
(e) None of the given options is true

Q10. The Financial Stability Board (FSB) is an international body for the global financial system, has placed India in the league of countries that are ‘compliant or largely compliant’ on the implementation of priority area reforms. In which among the following year FSB was established?
(a) 2001
(b) 2009
(c) 2003
(d) 2015
(e) 1997

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