Banking Quiz.

Banking & Financial Awareness Quiz – Set 108

Banking & Financial Awareness Quiz: We have created many quizzes on Banking Awareness and this set is one of them. These questions are most important for banking and insurance exams. The question asked in the Banking Awareness section are based both on static banking and that to current banking in news. These Banking Awareness sets will guide you in all banking exams like IBPS Clerk, IBPS PO, SBI Clerk, SBI PO, RRB Clerk and PO and other exams.  The set will be beneficial for the Banking and financial awareness section of LIC AAOSo attempt all the sets now.

Banking & Financial Awareness Questions

  1. Which among the following is India’s first full-fledged financial service app to integrate UPI for payment?
    A) FUNDSINDIA
    B) Kuvera
    C) Groww
    D) ETMONEY
    View answer
    Option D
  2. The headquarter of Deutsche Bank is located in which country?
    A) United States
    B) United Kingdom
    C) Germany
    D) France
    View answer
    Option C
    Explanation:
    Frankfurt, Germany
  3. What does E stands for in EMV chip cards?
    A) Electronic
    B) Europay
    C) Enhanced
    D) European
    View answer
    Option B
    Explanation:
    EMV is an acronym for Europay Mastercard and Visa
  4. The New Development Bank came into force in which year?
    A) 2015
    B) 2017
    C) 2014
    D) 2012
    View answer
    Option A
    Explanation:
    July 2014 (Treaty signed); July 2015 (Treaty in force)
  5. How many countries are the members of the Asian Development Bank?
    A) 42
    B) 68
    C) 54
    D) 76
    View answer
    Option B
  6. The International Monetary Fund was formed in which year?
    A) 1988
    B) 1964
    C) 1952
    D) 1945
    View answer
    Option D
  7. What is the full form of NRE Account?
    A) Non-Resident Exchange
    B) Non-Resident Exporter
    C) Non-Resident External
    D) Non-Resident Entrepreneur
    View answer
    Option C
    Explanation:
    Non-Resident External (NRE) Account can be a Savings, Recurring or Fixed Deposit Account where NRIs can deposit their foreign currencies which gets remitted to an Indian Account.
  8. The World Bank has set the goals to end extreme poverty and promote shared prosperity by which year?
    A) 2030
    B) 2025
    C) 2050
    D) 2035
    View answer
    Option A
  9. The Payment and Settlement Systems Act was passed in which year?
    A) 2012
    B) 2005
    C) 2000
    D) 2007
    View answer
    Option D
  10. The Global Trust Bank merged with which bank in the year 2004?
    A) Punjab National Bank
    B) Oriental Bank of Commerce
    C) Bank of Baroda
    D) Indian Overseas Bank
    View answer
    Option B

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