Banking Quiz for NABARD Grade-A Exam 2018 | 20th March 2018

March 20, 2018    

Dear Aspirants,

Banking Quiz

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. ___________ is a cheque clearing system undertaken by the Reserve Bank of India (RBI) for faster clearing of cheques.
(a) IMPS
(b) CBS
(c) NPCI
(d) CTS
(e) NFS

Q2. NFS is the largest network of shared automated teller machines in India. What is the full form of NFS?
(a) National Financial Switch
(b) National Financial Service
(c) National Financial System
(d) National Financial Security
(e) National Financial Solutions

Q3. What is the meaning of "T" in CTS?
(a) Target
(b) Transport
(c) Transfer
(d) Timing
(e) Truncation

Q4. What is the silent features of NFS?
(a) NFS has introduced the sub-membership model which enables smaller, regional banks including RRBs and local co-operative banks to participate in the ATM network.
(b) NFS has maintained high standards of application and network uptime of above 99.50% which has helped our member banks ensure enhanced customer experience. 
(c) The Dispute Management System (DMS), has benefitted members with high operational efficiency and ease of online transaction lifecycle management (chargeback, resentment, etc.) in the network apart from being compliant with local regulatory requirements.
(d) The Fraud Risk Management (FRM) solution is offered as a value-added service to monitor transactions (in real time) and to generate alert or decline the transaction in the NFS network
(e) All of the above are silent features of NFS

Q5. _____________ is a bank-led model which allows online interoperable financial transaction at PoS (Point of Sale/Micro ATM) through the Business Correspondent (BC)/Bank Mitra of any bank using the Aadhaar authentication. 
(a) UPI
(b) NFS
(c) AEPS
(d) NACH
(e) CTS

Q6. BharatQR was developed by- 
(a) SEBI
(b) FICCI
(c) NPCI
(d) RBI
(e) NACH

Q7. What is the meaning of "E" in AEPS?
(a) Enabled
(b) Enquiry 
(c) Equity
(d) Essential
(e) Ending

Q8. Bharat QR Code (BQR) is P2M Mobile payment solution. P2M stands for-
(a) Person to Merchant
(b) People to Merchant
(c) Product to Merchant
(d) Personal to Merchant
(e) Primary to Merchant

Q9. Which of the following is not a service Offered by AEPS?
(a) Cash Withdrawal
(b) Balance Enquiry
(c) Mini Statement
(d) Cash Deposit
(e) Cannot Deposit cash

Q10. Who is the Non-Executive Chairman of NPCI? 
(a) Ramachandran Sundaresan
(b) Sanjay Saxena
(c) N Rajendran
(d) Dilip Asbe
(e) Biswamohan Mahapatra

Watch this space...the solutions will be updated here


Bank
SSC
Railways

    

Let's block ads! (Why?)


- http://www.bankersadda.com/2018/03/banking-quiz-for-nabard-grade-exam-20th-march.html
Banking Quiz for NABARD Grade-A Exam 2018 | 20th March 2018 4.5 5 Yateendra sahu March 20, 2018 Dear Aspirants, Banking Awareness for NABARD Grade-A Exam 2018 With the increased competition in the field of banking examinations, ...


Load comments

No comments:

Post a Comment