Banking Quiz 2020

Dear Readers,

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 93

Time limit: 0

Quiz-summary

0 of 10 questions completed

Questions:

1. 1
2. 2
3. 3
4. 4
5. 5
6. 6
7. 7
8. 8
9. 9
10. 10

Information

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.

You have already completed the quiz before. Hence you can not start it again.

Quiz is loading...

You must sign in or sign up to start the quiz.

You have to finish following quiz, to start this quiz:

Results

0 of 10 questions answered correctly

Your time:

Time has elapsed

You have reached 0 of 0 points, (0)

Average score
Your score

Categories

1. Not categorized 0%

Your result has been entered into leaderboard

Loading

Name: E-Mail:

Captcha:

1. 1
2. 2
3. 3
4. 4
5. 5
6. 6
7. 7
8. 8
9. 9
10. 10

1. Answered
2. Review

1. Question 1 of 10

   1. Question

   1 points

   Maximum period for which Commercial paper can be issued is

   • 3 months
   • 1 year
   • 6 months
   • 5 year
   • None of these
   Correct
   

   Incorrect
   
2. Question 2 of 10

   2. Question

   1 points

   ______ market is the financial market which is based on another source, financial instruments like future contracts on options which are derived from other form of assets.

   • Insurance market
   • Derivative market
   • Money market
   • Capital market
   • None of these
   Correct
   

   Incorrect
   
3. Question 3 of 10

   3. Question

   1 points

   The equity of RRBs are owned by Central Government, concerned State Government and the Sponsor Bank in the propotion of _____.

   • 50:35:15
   • 35:15:50
   • 50:15:35
   • 35:50:15
   • None of these
   Correct
   

   Incorrect
   
4. Question 4 of 10

   4. Question

   1 points

   A term used in Economics to describe a situation where the inflation rate is high, the economic growth rate slows down and unemployment remain steadily high.

   • Inflation
   • Recession
   • Stagflation
   • Stagnation
   • None of the above
   Correct
   

   Incorrect
   
5. Question 5 of 10

   5. Question

   1 points

   he Banking Companies Act, 1949 came into force on 16th March 1949, but from 1st March 1966 the name of the Act was changed to ________.

   • Banking Regulation Act, 1949
   • Parliament Act, 1949
   • Chartered Accountants act, 1949
   • RBI Act, 1949
   • None of the above
   Correct
   

   Incorrect
   
6. Question 6 of 10

   6. Question

   1 points

   Banks/Financial Institutions should cream their LIC policies incorporating four key elements. Identify incorrect element among the following.

   • Customer Acceptance Policy
   • Customer Identification Procedures
   • Social / Financial status
   • Risk Management
   • None of the above
   Correct
   

   Incorrect
   
7. Question 7 of 10

   7. Question

   1 points

   _______ is a association of SEBI registered Mutual Funds in India of all the registered assets management companies.

   • IRDA
   • AMFI
   • RBI
   • SIDBI
   • None of these
   Correct
   

   Incorrect
   
8. Question 8 of 10

   8. Question

   1 points

   Which of the following rate is not decided by the RBI?

   • CRR
   • Repo rate
   • Base Rate
   • SLR
   • None of the above
   Correct
   

   Incorrect
   
9. Question 9 of 10

   9. Question

   1 points

   Positive confirmation of KYC is to be completed at least __ years for medium and __ years for low risk individuals and entities.

   • 1, 2
   • 2, 3
   • 3, 4
   • All of the above
   • None of the above
   Correct
   

   Incorrect
   
10. Question 10 of 10

    10. Question

    1 points

    The Reserve Bank of India issued the KYC guidelines under section 35(A) of ________ Act and Rule 9(14) of Prevention of Money Laundering.

    • Reserve Bank of India Act, 1934
    • Prevention of Money Laundering Act, 2002
    • Banking Regulation Act, 1949
    • Negotiable Instruments Act, 1881
    • None of the above
    Correct
    

    Incorrect
    

CLICK HERE To Download Exams Cart Android App

Banking Notes for all Competitive exams