Dear Readers, The List of important Banking Awareness Quiz for upcoming exams was given here. Candidates those who are preparing for the exams can use this.
Answer: b)
2). What is the full form of REER?
Answer: c)
Answer: b)
4). _________ is a way of transferring personal remittances from abroad to beneficiaries in India
Answer: b)
5). How many members are there in FATF?
Answer: d)
6). A fixed deposit receipt is kept with the bank for its safety, is known as ___?
Answer: a)
7). Cryptocurrency is a _______ .
Answer: b)
8). Banking in India is controlled by:
Answer: a)
9). After State Bank of India, which of the following banks has the largest number of offices?
Answer: a)
10). Which of the following terms is used in banking field?
Answer: a)
Answer Key:
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1). Loans of very small amounts given to low income groups is called ________
a) Cash credit
b) Micro credit
c) Simple overdraft
d) No frills loans
e) Rural credit
Answer: b)
2). What is the full form of REER?
a) Real Earning Emergent Ratio
b) Real Elective Effective Ratio
c) Real Effective Exchange Rate
d) Role Effective Earned Rate
e) None of these
Answer: c)
3). In India, forex rates are determined by
a) Exporters
b) Demand and supply forces
c) Importers
d) All of these
e) None of these
Answer: b)
4). _________ is a way of transferring personal remittances from abroad to beneficiaries in India
a) RDA
b) MTSS
c) Both (A) and (B)
d) All of the Above
e) None of the Above
Answer: b)
5). How many members are there in FATF?
Answer: d)
6). A fixed deposit receipt is kept with the bank for its safety, is known as ___?
a) Safe custody
b) Safe deposit
c) Locker
d) Valid safe deposit
e) None of these
Answer: a)
7). Cryptocurrency is a _______ .
a) Plastic Money.
b) Digital Medium of Exchange
c) Digital payment
d) Both A & B
e) None of these
Answer: b)
8). Banking in India is controlled by:
a) Reserve Bank of India
b) Union Finance Commission
c) Union Ministry of Finance
d) Union Ministry of Commerce
e) None of these
Answer: a)
9). After State Bank of India, which of the following banks has the largest number of offices?
a) Punjab National Bank
b) Bank of India
c) Andhra Bank
d) Canara Bank
e) None of these
Answer: a)
10). Which of the following terms is used in banking field?
a) Interest rate swap
b) Input devices
c) Sedimentary
d) Zero Hour
e) None of these
Answer: a)
Answer Key:
1).b 2).c 3).b 4).b 5).d 6).a 7).b 8).a 9).a 10).a
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