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. TheBanking 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. The inquiries on  Banking Awareness are identified with the nations, occasions or anything that has been in news for some time. Aside from the GA Section, phenomenal learning of current news additionally causes you to manage the PI (Personal Interview) all the more proficiently so you don’t give a murmur confuse reply to the interviewee’s basic inquiries. 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. 

Current Affairs syllabus 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 for Bank Exam : Set 32

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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. Answered
2. Review

1. Question 1 of 10

   1. Question

   1 points

   Basel III norms to be implemented from March 31, 2015 in phases and would be fully implemented as on ______

   • March 31, 2016
   • March 31, 2017
   • March 31, 2018
   • March 31, 2019
   • None of these
   Correct
   

   Incorrect
   
2. Question 2 of 10

   2. Question

   1 points

   What are the objectives / aims of the Basel III measures?

   • Improve the banking sector's ability to absorb ups and downs arising from financial and economic instability
   • Improve risk management ability and governance of banking sector
   • Strengthen banks' transparency and disclosures
   • All of the above
   • Only option 2 & 3
   Correct
   

   Incorrect
   
3. Question 3 of 10

   3. Question

   1 points

   What are the major changes proposed in Basel III over earlier accords i.e. Basel I and Basel II?

   • Better Capital Quality
   • Minimum Common Equity and Tier 1 Capital Requirements
   • Leverage Ratio
   • Liquidity Ratios
   • All of the above
   Correct
   

   Incorrect
   
4. Question 4 of 10

   4. Question

   1 points

   The minimum requirement for common equity, the highest form of loss-absorbing capital, has been raised under Basel III from 2% to _____ % of total risk-weighted assets.

   • 4%
   • 3%
   • 3.5%
   • 4.5%
   • 5%
   Correct
   

   Incorrect
   
5. Question 5 of 10

   5. Question

   1 points

   Printing of currency notes in India is done on the basis of MRS. MRS stands for ______.

   • Minimum Rate Setting
   • Maximum Reserve System
   • Minimum Reserve System
   • Maximum Ratio System
   • None of these
   Correct
   

   Incorrect
   
6. Question 6 of 10

   6. Question

   1 points

   MRS system is applicable in India since ______.

   • 1957
   • 1963
   • 1935
   • 1949
   • None of these
   Correct
   

   Incorrect
   
7. Question 7 of 10

   7. Question

   1 points

   According to MRS system, the Reserve Bank of India has to maintain assets of at least ________ all the time.

   • Rs.100 crore
   • Rs.200 crore
   • Rs.500 crore
   • Rs.250 crore
   • Rs.300 crore
   Correct
   

   Incorrect
   
8. Question 8 of 10

   8. Question

   1 points

   Sources of Inflow of Dollars in India are ______.

   • Payment received for Indian export
   • External Remittances sent by Indian workers working abroad
   • Foreign students who come to study in India also bring dollars
   • Government borrowings from the international institutions and rich countries
   • All of the above
   Correct
   

   Incorrect
   
9. Question 9 of 10

   9. Question

   1 points

   Which of the following is not a Printing of Security Papers and Minting in India?

   • India Security Press
   • Security Printing Press
   • Bank Notes Press
   • Coin Press of India
   • Modernised Currency Notes Press
   Correct
   

   Incorrect
   
10. Question 10 of 10

    10. Question

    1 points

    Currency Notes Press (Nasik Road)— Since 1991, this press didn’t prints currency notes of ______.

    • Rs. 1
    • Rs. 2
    • Rs. 5
    • Rs. 10
    • Rs. 20
    Correct
    

    Incorrect