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
- What is the applicable limit for social infrastructure loans under priority sector?
A) 1 crore
B) 2 crores
C) 5 crores
D) 3 crores
- The Micro, Small and Medium Enterprises Development (MSMED) Act was passed in which year?
A) 2007
B) 2003
C) 2000
D) 2006
- In banking, what does ASCL stands for?
A) Average Securities Capital Limit
B) Aggregate Sanctioned Credit Limit
C) Adequate Systematic Control Loan
D) Associated System of Credit Liability
- A short term borrowing means borrowing of tenor up to but less than ________.
A) 12 months
B) 6 months
C) 18 months
D) 3 months
- The National Accreditation Board for Testing and Calibration Laboratories (NABL) is located in which city?
A) Nagpur
B) Pune
C) Gurugram
D) Mumbai
- What is the minimum age limit for opening BSBDA by banks for individuals?
A) 10 years
B) 12 years
C) 18 years
D) no such limit
- For a corporate to be eligible to issue CP the tangible net worth of the company should not be less than Rs. ________
A) 1 crore
B) 4 crore
C) 2 crore
D) 5 crore
- The headquarter of the Asian Clearing Union (ACU) is located in which country?
A) Kathmandu, Nepal
B) New Delhi, India
C) Dhaka, Bangladesh
D) Tehran, Iran
- What is the maximum limit of Indian currency that an Indian resident can bring back to India while returning from any place outside India?
A) Rs.55,000
B) Rs.50,000
C) Rs.25,000
D) Rs.20,000
- What are the processing or service charges applicable for inward NEFT transactions
A) No charge
B) Rs 2.50
C) Rs 5
D) Rs 25