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
- Individuals who do not have bank accounts can deposit cash at the NEFT-enabled branches upto a maximum limit of ___________
A) Rs 20,000
B) Rs 10,000
C) Rs 25,000
D) Rs 50,000
- When the domestic commercial banks are unable to achieve the Priority Sector targets, they have to deposit the shortfall amount in the________________
A) Small Enterprises Development Fund
B) National Skill Development Fund
C) Rural Infrastructure Development Fund
D) Infrastructure Debt Funds
- The Debit card issued to us by banks consists of how many digit number printed on the front of the card?
A) 16
B) 12
C) 18
D) 15
- CMO is a type of security that contains a pool of mortgages bundled together and sold as an investment. Here what does C denotes in CMO?
A) Chief
B) Collateralized
C) Collective
D) Cash
- The headquarter of Central Depository Services (India) Ltd (CDSL) is located at ______________?
A) New Delhi
B) Hyderabad
C) Mumbai
D) Kolkata
- Which of these banks are not categorized as Differentiated Bank?
A) Payments Banks
B) Small Finance Banks
C) Commercial Banks
D) Noe of these are Differentiated banks
- The formation of Small Finance Banks (SFBs) was recommended by which committee?
A) Usha Thorat
B) Nachiket Mor
C) Bimal Jalan
D) Yusuf Hamied
- A specialised financial institutions responsible for safeguarding a firm’s or individual’s financial assets and not involved in any commercial or retail banking is known as________
A) Custodian Banks
B) Utility Bank
C) Retail Bank
D) Industrial Bank
- The Indian Coinage Act is an Act to govern the laws related to Coinage and Mints in India. It was enacted in which year?
A) 1912
B) 1940
C) 1924
D) 1906
- Banks are required to classify non performing assets on the basis of time duration into how many categories?
A) 2
B) 4
C) 3
D) 5