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
- Recently the Central banks of which countries have completed the first international cross-currency payment with digital currencies
A) Singapore & Canada
B) Australia and Germany
C) United States & France
D) Singapore & United States
- What should be the minimum paid up capital requirement for new Private Bank in India?
A) Rs 200 crore
B) Rs 500 crore
C) Rs 300 crore
D) Rs 100 crore
- The sovereign loan operations in India started in which year?
A) 2001
B) 2014
C) 1986
D) 1999
- The Investor Protection and Education Fund is maintained by?
A) RBI
B) NABARD
C) Ministry of Finance
D) SEBI
- According to the Banking Regulation Act, what is the maximum ceiling upto which RBI can fix SLR rate?
A) 50%
B) 40%
C) 75%
D) 60%
- Which of these methods is not used to measure the National Income?
A) Production method
B) Income method
C) Expenditure method
D) Product method
- Which of these was set up to promote new technological inputs in rural sector?
A) NPCI
B) HUDCO
C) CAPART
D) SIDBI
- Which of these is not an example of value added services offered by banks?
A) Accident insurance cover
B) Tax relief services
C) 24-hour live video customer service
D) Free cheque book facility
- ___________ is large loan extended by a group of small banks to a single borrower especially corporate borrowers, or government
A) Syndicate loan
B) Group loan
C) Standard loan
D) Corporate loan
- What is the rate of interest payable on Exchange earners’ foreign currency account (EEFC)?
A) 4%
B) Nil
C) 6.5%
D) 3.2%