Dear Aspirants,
Banking Awareness for NABARD Grade-A Exam 2018
With the increased competition in the field of banking examinations, it has now become very important to cover up all the sections efficiently. One subject that can help you bagging graceful marks in the minimum time in these examinations is Banking Awareness. Banking Awareness Quiz not only helps you deal with the General Awareness Section of Banking Exams but also, the Personal Interview round of Banking Recruitment.
Q1. UPI-PIN (UPI Personal Identification Number) is a ______ digit pass code you create/set during first time registration with this App.
(a) 6-8 digits
(b) 2-4 digits
(c) 7-9 digits
(d) 4-6 digits
(e) 3-5 digits
Q2. ____________ is a one-stop payment platform for all bills providing an interoperable and accessible “Anytime Anywhere” bill payment service to all customers across India with certainty, reliability, and safety of transactions.
(a) BBPS
(b) NPCI
(c) AEPS
(d) NACH
(e) NFS
Q3. In which year IMPS was launched by Smt. Shyamala Gopinath?
(a) 2014
(b) 2006
(c) 2012
(d) 2008
(e) 2010
Q4. What is the meaning of "P" in BBPS?
(a) Plan
(b) Pending
(c) Payment
(d) Product
(e) Produce
Q5. IMPS provide robust & real-time fund transfer which offers an instant, 24X7, interbank electronic fund transfer service that could be accessed on multiple channels. What is the full form of IMPS?
(a) Immediate Payment System
(b) Immediate Payment Service
(c) Immediate Payment Solution
(d) Indian Payment Service
(e) International Payment Service
Q6. Bharat BillPay transaction can be initiated through multiple payment channels like-
(a) Internet Banking
(b) Mobile-Banking
(c) Point of Sale terminal
(d) Mobile Point of Sale terminal
(e) All of the above
Q7. Which of the following is not an objective of IMPS?
(a) To facilitate mobile payment systems already introduced in India with the Reserve Bank of India Mobile Payment Guidelines 2008 to be inter-operable across banks and mobile operators in a safe and secure manner
(b) Making payment simpler just without the mobile number of the beneficiary
(c) To enable bank customers to use mobile instruments as a channel for accessing their banks accounts and remit funds
(d) To build the foundation for a full range of mobile-based Banking services
(e) To sub-serve the goal of Reserve Bank of India (RBI) in electronification of retail payments
Q8. MMID is a ____________ digit unique number issued by the bank upon registration.
(a) 7 digits
(b) 8 digits
(c) 9 digits
(d) 6 digits
(e) 4 digits
Q9. MMID stands for-
(a) Mobile Money Interface
(b) Mobile Management Identifier
(c) Mobile Money Identifier
(d) Mutual Money Identifier
(e) Mobile Money International
Q10. *99#, a USSD based mobile banking service of NPCI was initially launched in-
(a) November 2010
(b) November 2012
(c) November 2011
(d) November 2013
(e) November 2015
Q11. Which System can be used for making bulk transactions towards the distribution of subsidies, dividends, interest, salary, pension etc?
(a) NPCI
(b) YONO
(c) NACH
(d) AEPS
(e) *99#
Q12. Which of the following services are available under *99#?
(a) Send Money
(b) Request Money
(c) Check Balance
(d) Pending Transaction
(e) All of the above
Q13. What is the full form of NACH?
(a) National Agency Clearing House
(b) National Automated Clearing House
(c) National Automated Checking House
(d) Nominal Automated Clearing House
(e) National Automated Core House
Q14. *99# service had limited reach and only two TSPs were offering this service in the beginning. These two TSPs were-?
(a) BSNL and Vodafone
(b) Tata Indicom and Aircel
(c) Airtel and Reliance Jio
(d) MTNL & BSNL
(e) Idea and Vodafone
Q15. APB System is developed by NPCI has been helping the Government and Government Agencies in making the Direct Benefit Transfer scheme. what is the meaning of "B" in APB?
(a) Bridge
(b) Base
(c) Banking
(d) Basic
(e) Boost
We will be updating the detailed solutions shortly...
- http://www.bankersadda.com/2018/03/banking-quiz-for-nabard-grade-exam-19-march.html
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