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 AAO. So attempt all the sets now.
Banking & Financial Awareness Questions
- The headquarter of MMTC-PAMP India Pvt. Ltd, India’s first and only LBMA Good Delivery Refinery accredited for Gold and Silver is based in which city?
A) Kolkata
B) Pune
C) Mumbai
D) New Delhi
- TDR is a method for controlling land use to complement land-use planning and zoning for more effective urban growth management and land conservation. Expand TDR
A) Transferable Development Rights
B) Transaction Delayed Reserve
C) Tax Deducted Review
D) Terminal Development Resource
- Which among the following is not true regarding Sovereign Gold Bond Scheme?
A) Joint holding is allowed
B) Minor can invest in SGB
C) Investor can hold more than one investor ID for subscribing to the Sovereign Gold Bond
D) Persons resident in India as defined under Foreign Exchange Management Act, 1999 are eligible to invest in SGB
- Conversion of the token back to actual card details is known as ________
A) Re-tokenisation
B) De-tokenisation
C) Pre-tokenisation
D) E-tokenisation
- What is the minimum number of free transactions allowed by banks in a month to customers for transaction at a bank’s own ATMs?
A) 5
B) 3
C) 4
D) 6
- The “Limiting Liability of Customers for Unauthorised Electronic Payment Transactions in Prepaid Payment Instruments (PPIs) issued by Authorised Non-banks” has came into effect from_____________
A) 01 April 2019
B) 01 February 2019
C) 01 January 2019
D) 01 March 2019
- What will be the maximum compensation payable by the Ombudsman for mental agony and harassment?
A) Rs 10 lakh
B) Rs 1 lakh
C) Rs 5 lakh
D) Rs 20 lakh
- In which of the following fund transfer system, the transactions received up to a particular time are processed in batches?
A) RTGS
B) IMPS
C) NEFT
D) All the above
- If the fund is not credited to the beneficiary customers accounts for any reason, RTGS member banks will return the fund back to the originating bank within a maximum period of ______ hours
A) 1 hour
B) 6 hours
C) 8 hours
D) 12 hours
- What does R stands for in UTR with respect to fund transfer?
A) Range
B) Route
C) Register
D) Reference