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 98

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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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2. Review

1. Question 1 of 10

   1. Question

   1 points

   Commercial Paper (CP) can be issued in the denominations of _______ and multiples thereof.

   • Rs 5 lakh
   • Rs 2 lakh
   • Rs 1 lakh
   • Rs 3 lakh
   • None of these
   Correct
   

   Incorrect
   
2. Question 2 of 10

   2. Question

   1 points

   Venture Capital is also known as __________.

   • Debt Capital
   • Risk Capital
   • Variable Capital
   • Equity Capital
   • None of these
   Correct
   

   Incorrect
   
3. Question 3 of 10

   3. Question

   1 points

   The Paid-up Capital and Reserves of Scheduled Commercial Banks must not be less than ___________.

   • Rs 1 lakh
   • Rs 3 lakhs
   • Rs 5 lakhs
   • Rs 10 lakhs
   • None of these
   Correct
   

   Incorrect
   
4. Question 4 of 10

   4. Question

   1 points

   A contract which gives the buyer the right, but not obligation, to buy or sell an underlying asset or instrument at a specified strike price prior to or on a specified date is known as________

   • Futures
   • Swaps
   • Option
   • Forwards
   • None of the above
   Correct
   

   Incorrect
   
5. Question 5 of 10

   5. Question

   1 points

   The value of an entity’s assets minus the value of its liabilities is known as NAV. Expand NAV.

   • Net Asset Value
   • Net Asset Variable
   • Net Account Value
   • Net Annual Variable
   • None of the above
   Correct
   

   Incorrect
   
6. Question 6 of 10

   6. Question

   1 points

   Which of the following is used to denote “Narrow Money”?

   • M1
   • M2
   • M3
   • M4
   • None of the above
   Correct
   

   Incorrect
   
7. Question 7 of 10

   7. Question

   1 points

   IFCI Ltd is the first financial institution set up in India with the main object of making medium and long term credit to industrial needs. It was set up in which year?

   • 1935
   • 1948
   • 1952
   • 1969
   • None of the above
   Correct
   

   Incorrect
   
8. Question 8 of 10

   8. Question

   1 points

   The action of combining two or more transactions so as to achieve a risk-reducing position is known as ________.

   • Escrow Cash
   • Factoring
   • Interest Rate Risk
   • Hedging
   • None of the above
   Correct
   

   Incorrect
   
9. Question 9 of 10

   9. Question

   1 points

   A statement that contains details of all the economic transactions of a country with the rest of the world, for a given time period, usually one year is known as________.

   • Balance of Payment
   • Balance Sheet
   • Accommodation Bill
   • Sensitive Index
   • None of these
   Correct
   

   Incorrect
   
10. Question 10 of 10

    10. Question

    1 points

    The LSE is a stock exchange located in the city of _______.

    • Tokyo
    • Paris
    • London
    • Hong Kong
    • None of the above
    Correct
    

    Incorrect
    

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Banking Notes for all Competitive exams