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
- Under the RTGS payment system, the maximum time limit to carry fund transfer for general public is _____________
A) 4:00 pm
B) 6:00 pm
C) 8:00 pm
D) 5:00 pm
- The ‘Bank on Wheels’ service has been launched by which of these banks recently?
A) Indian Overseas Bank
B) Bank of Baroda
C) Indian Bank
D) Bank of India
- Which bank releases the Ecowrap report?
A) IRDAI
B) Reserve Bank of India
C) State Bank of India
D) SEBI
- The cryptocurrency under the name GlobalCoin will be launched by which company?
A) Google
B) Facebook
C) Microsoft
D) World Bank
- The Foreign Portfolio Investment (FPI) is regulated by__________
A) RBI
B) EXIM
C) IRDAI
D) SEBI
- The investment limit for FPIs under new category of VRR scheme will be available on tap until the limit is fully allotted, or until ___________ which ever is sooner
A) 31 December 2019
B) 31 May 2019
C) 30 September 2019
D) 31 October 2019
- What do you understand by LCR in banking?
A) Tool used in monetary policy by RBI that allows banks to borrow money through repurchase agreements (repos) and make loans to the RBI through reverse repo agreements.
B) Proportion of highly liquid assets held by financial institutions, to ensure their ongoing ability to meet short-term obligations
C) Facility provided by the RBI for all resident individuals including minors to freely remit upto a certain amount in terms of US Dollar for current and capital account purposes or a combination of both
D) Ratio of provisioning to gross non-performing assets, and indicates the extent of funds a bank has kept aside to cover loan losses.
- Which bank has recently introduced SME Suvidha for GST-registered MSMEs?
A) Union Bank of India
B) Punjab National Bank
C) Corporation Bank
D) Canara Bank
- The newly introduced Elephant Bond has been launched for investment in___________
A) Infrastructure
B) Agriculture
C) Tourism
D) Women Empowerment
- Sandbox Banking is widely used term in today’s banking environment and is associated with___________
A) Financial Inclusion
B) Foreign Exchange Management
C) FDI
D) FinTech solution