Banking Awareness Quiz: Set 347

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 347

1. What is the time period for Short Term Bank Deposit (STBD) under the Gold Monetization Scheme?
1-2 years
1-3 years
2-5 years
2-6 years
1-5 years

2. What is the time period for Medium Term Deposit under the Gold Monetization Scheme?
2-5 years
3-7 years
5-7 years
5-8 years
5-10 years

3. What is the time period for Long Term Deposit under the Gold Monetization Scheme?
08-10 years
08-12 years
10-12 years
10-15 years
12-15 years

4. A Scheduled Commercial Bank in case of Gold Monetization Scheme, authorized by RBI to import gold under the extant Foreign Trade Policy is known as?
Nominated bank
Dealer Bank
Refiner Bank
Dedicated Bank
None of these

5. The refineries in case of Gold Monetization Scheme are accredited by whom?
NABL
NPCI
CTPC
BIS
None of these

6. What is the minimum fineness of Gold required under the Gold Monetization Scheme?
990
991
993
995
999

7. In case of Gold Monitisation Scheme, Banks are required to identify at least ______ branch in a State/Union Territory where they have presence to accept the deposits under the Scheme.
one
two
three
four
five

8. What is the minimum lock in period for Medium Term Deposit in Gold Monitisation Scheme?
2 years
3 years
4 years
5 years
Not applicable

9. What is the minimum lock in period for Long Term Deposit in Gold Monitisation Scheme?
3 years
4 years
5 years
6 years
7 years

10. Which of the following cannot be deposited under the Gold Monitisation Scheme?
Gold Bars
Gold Coins
Gold Jewelry
Gold Jewelry with stones
All are acceptable

Read More:

Thank You.

By TEAM ExamsCart.com   

(Government Exams ? Crack with Us…)