Banking Awareness Quiz 1

 Banking Awareness Quiz 1

Banking Awareness Quiz 1

    MCQ Quiz is below 👇


    The Banking Awareness Quiz 1 is based on various MCQ on Banking Awareness in various  language with translate button. 

    This quiz consist 20 MCQ. 

     I hope, MCQ Quiz platform provides to you a knowledge regarding Banking Awareness and  their some important terms with the helps following quiz.  

    It also helps to preparation on online MCQ based exam like competitive exams, banking exams and others university or college exams, NET exam , SLET exam and other entrance exams. 

    We will published a Banking Awareness Quiz series for practicing your study.

    You can translate a quiz into your understandable language with the help of Translate button which shown at the right side of post.

This MCQ Quiz covers a following questions/topics regarding banking terms

Important Note:-👇

"To know the answers to the below questions, you need to solve the following quiz. It has the answers to all the questions"

1. Which of the following is not a term associated with the stock markets directly?

A. Bear hug

B. Dividend

C. Insider trading

D. Interest rate


2. Prime Minister Narendra Modi has launched Ayushman Bharat, world’s largest government funded healthcare scheme in Jharkhand’s capital Ranchi. It will offer a benefit cover of________ per family per year.

A. Rs 2 lakh

B. Rs 7 lakh

C. Rs 5 lakh

D. Rs 10 lakh


3.What were the recommendation of Janak Raj Committee?

A. linking bank lending rates to a market benchmark

B. Merging all the Regional Rural banks

C. Dissolving all the Payments banks

D. None of the above


4. As per the guidelines issued by RBI, all NBFC-MFIs should maintain an aggregate margin cap of not more than how much percent?

A. 8 per cent

B. 9 per cent

C. 10 per cent

D. 12 per cent


5.Whenever RBI does some Open Market Operation transactions, actually it wishes to main  regulate which of the following?

A. Inflation only

B. Liquidity in economy

C. Borrowing powers of the banks

D. Flow of foreign direct investments


6.Which of the following is the eligibility parameters for NBFCs as sponsors of IDF-MF?

A. The NBFC should have a minimum Net Owned Funds (NOF) of Rs.300 crore

B. Its net NPAs should be less than 3% of net advances

C. It should have been in existence for at least 5 years

D. All of the above


7.Which of the following schemes/products launched by the banks to provide instant loan facility to the farmers?

A. Kisan Credit Card

B. Krishi Bima Yojana

C. Crop Loan Scheme

D. Corporate Loan Scheme


8. Payment of a cheque may be countermanded by the

A. Payee

B. True owner

C. Drawee

D. Drawer


9. By how much Industries Growth has been seen at (in Economic Survey 2017-18)-

A. 4.4 per cent

B. 4.1 per cent

C. 4.6 per cent

D. 4.9 per cent


10. Who is the first chairperson and managing director of public sector Bharatiya Mahila Bank (BMB)?

A. Shilpa Phadnis

B. Usha Anantha Subramanian

C. Reeba Zachariah

D. Sudha Misra


11. Which of the following pair has won Nobel prize 2018 in the field Economic Sciences?

A. James P Allison and Tasaku Honjo

B. William D. Nordhaus and Paul M. Romer

C. Arthur Ashkin and Gerard Mourou

D. George P. Smith and Gregory P. Winter


12. India’s capital market regulator SEBI recently ordered which NBFC entity to refund the money raised from some 5 8.5 million customers through collective investment schemes (CIS)?

A. Unimax Agrotech Ltd

B. Asia Agrotech Corp. Ltd

C. Omaxe Agrotech Corp. Ltd

D. Pearls Agrotech Corp. Ltd


13.Which of the following acts is specially launched to facilitate banks in recovery of bad loans?

A. RBI Act

B. Banking Regulation Act

C. Companies Act

D. SARF AESI Act


14.The network for common data communication for banks and FIs launched by RBI:

A. BANKNET

B. INFINET

C. SWIFT

D. INTERNET


15. Which of the following is the purchase of bonds and shares of Indian companies by Foreign Institutional investors?

A. FDI

B. NRI investment

C. Portfolio investment

D. Foreign indirect investment


16.Frames regulations for the insurance industry in terms of Section of the Insurance Act 1938 from the year 2000 has registered new insurance companies in accordance with regulations.

A. section 124C

B. section 194B

C. section 114A

D. section 127E


17.The payments bank should have a leverage ratio of not less than that is its outside liabilities should not exceed 33.33 times its net worth (paid up capital and reserves).

A.3 per cent

B.4 per cent

C.5 per cent

D.6 per cent


18.The Public Debt Office of the Reserve Bank of India

A. is a central depository for all types of Government securities except Treasury Bills

B. attends to the function of note issue the Reserve Bank of India

C. is responsible for maintaining external value of rupee

D. controls balance of payment position of the Government of India


19. What is the Public Debt Office of Reserve Bank of India?

A. is a central depository for all types of Government securities except Treasury Bills

B. attends to the function of note issue the Reserve Bank of India

C. is responsible for maintaining external value of the rupee

D. controls balance of payment position of the Government of India


20.The full form of PIN in the parlance of an ATM card is

A. Permanent Information Number

B. Personal Identification Number

C. Professional Identification Number

D. Permanent Identification Number

Important Note:-👇

"To know the answers to the above questions, you need to solve the following quiz. It has the answers to all the questions"

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