Banking Quiz 2020

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Welcome to the 2020 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 Notes for all Competitive exams

1. History of Banking in India
2. Banking Structure in India
3. About the Reserve Bank of India
4. Cooperative Banks in India
5. Subsidiaries of RBI
6. Banking Saving Schemes Overview
7. Currency and Coins in India
8. Bank Note Features
9. RBI as Banker to the Government
10. Ways and Means Advances (WMA)
11. All about Payments Bank
12. All about Small Finance Bank
13. T-bills vs Commercial Paper vs Certificate of Deposit
14. Overview of Payment Systems in India and NPCI
15. NEFT vs RTGS vs IMPS
16. Payment System by NPCI- UPI, BHIM, RuPay, BBPS
17. Cheques its types and Crossing of Cheques
18. List of Banking Abbreviation for Banking Exams
19. Banking Ombudsman Scheme and Ombudsman Scheme for Digital Transactions
20. Monetary Policy Rate: CRR, SLR, Repo, Reverse Repo, MSF
21. Priority Sector Lending
22. Priority Sector Lending Certificates
23. Basic Savings Bank Deposit Account (BSBDA)
24. Debt and Equity Market
25. Mergers of Banks with Year
26. Non-Performing Asset (NPA)
27. Liberalised Remittance Scheme (LRS)
28. Prepaid Payment Instruments (PPIs)
29. Important Points on Bank Deposits and Banking Matters

Banking Quiz 2020

Banking Quiz for Bank Exam : Set 106

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In this article. we continue the Banking Quiz for Bank Exams. The Banking Awareness or Banking Knowledge is an important subject for like SBI PO, SBI Clerk, IBPS PO, IBPS Clerk, IBPS RRB PO & Clerk and other Bank, Insurance and SSC exams. In our Banking Quiz for Bank Exams, we share all the important Banking MCQs for Bank Exams from the Previous year Bank Exams paper. Also, you will see many Banking MCQs for Bank Exams in your upcoming Bank exams. Generally, the Banking Awareness section is considered easiest and most scoring in Bank PO & Clerk exams. So attempt our Computer MCQs for Bank Exams to Scire high in the exam.

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1. Question 1 of 10

   1. Question

   1 points

   SWIFT code is also known as_______

   • International Identification Code
   • Business Identifier Code
   • Universal Banking Code
   • Basic Statistical Code
   • None of these
   Correct
   

   Incorrect
   
2. Question 2 of 10

   2. Question

   1 points

   RBI has issued PCA framework for financial stability of commercial banks. What does P denote in PCA?

   • Public
   • Program
   • Primary
   • Prompt
   • None of these
   Correct
   

   Incorrect
   
3. Question 3 of 10

   3. Question

   1 points

   Which bank has launched India’s first contactless mobile payment solution?

   • ICICI Bank
   • Axis Bank
   • Yes Bank
   • HDFC Bank
   • None of these
   Correct
   

   Incorrect
   
4. Question 4 of 10

   4. Question

   1 points

   The Insolvency and Bankruptcy Board of India was established in which year?

   • 2015
   • 2016
   • 2017
   • 2018
   • None of the above
   Correct
   

   Incorrect
   
5. Question 5 of 10

   5. Question

   1 points

   The Card verification value (CVV) is a _______ digit number

   • 3
   • 4
   • 6
   • 5
   • None of the above
   Correct
   

   Incorrect
   
6. Question 6 of 10

   6. Question

   1 points

   The Hindustan Commercial Bank was acquired by which bank in 1986?

   • Allahabad Bank
   • Bank of Maharashtra
   • Union Bank of India
   • Punjab National Bank
   • None of the above
   Correct
   

   Incorrect
   
7. Question 7 of 10

   7. Question

   1 points

   Which of the following facilities is not provided by the Payments Bank?

   • Internet Banking
   • Credit Card
   • Debit Card
   • Green Card
   • None of the above
   Correct
   

   Incorrect
   
8. Question 8 of 10

   8. Question

   1 points

   The Financial Action Task Force (FATF) is an inter-governmental body to develop policies to combat money laundering. It is based in which country?

   • Frankfurt, Germany
   • New York, USA
   • Moscow, Russia
   • Paris, France
   • None of the above
   Correct
   

   Incorrect
   
9. Question 9 of 10

   9. Question

   1 points

   Which of the following is not an example of Open System Payment Instruments?

   • Rupay
   • Visa
   • MobiKwik
   • Mastercard
   • None of these
   Correct
   

   Incorrect
   
10. Question 10 of 10

    10. Question

    1 points

    Unified Payments Interface (UPI) facilitates inter-bank transactions using which of the following methods?

    • Virtual Payment Address
    • QR code
    • Account number & IFSC
    • All the above
    • None of the above
    Correct
    

    Incorrect
    

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Banking Notes for all Competitive exams