Banking Quiz.

Banking & Financial Awareness Quiz – Set 151

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 AAOSo attempt all the sets now.

Banking & Financial Awareness Questions

  1. What is the minimum permissible investment limit under the Sovereign Gold Bond Scheme?
    A) 2 gm

    B) 1 gm
    C) 5 gm
    D) 8 gm
    View answer
    Option B
    Explanation: Minimum permissible investment will be 1 gram of gold.
  2. The theme for Financial Literacy Week 2019 is ____________
    A) Farmers

    B) Women
    C) Startups
    D) Financial Inclusion
    View answer
    Option A
  3. The minimum holding period requirement decided for NBFC towards loans with maturity of over five year, before securitising them is ______________
    A) 24 months

    B) 12 months
    C) 6 months
    D) 9 months
    View answer
    Option C
    Explanation:
    NBFCs can now sell their loan pools or securitise them after holding them for six months on their books. (Earlier it was one year) 
  4. Who is the Chairman of the Canara Bank?
    A) Debashish Mukherjee

    B) M.V Rao
    C) R. A. Shankara Narayan 
    D) T. N. Manoharan
    View answer
    Option D
  5. BuyUcoin is an Indian Cryptocurrency Exchange based in
    A) New Delhi

    B) Mumbai
    C) Hyderabad
    D) Bengaluru
    View answer
    Option A
  6. Which country has removed India from its Treasury’s ‘Monitoring List’ recently in May 2019?
    A) Canada
    B) United States
    C) Russia
    D) France
    View answer
    Option B
  7. The RTGS system for fund transaction is available for customers upto _____________
    A) 4:00 pm

    B) 2:00 pm
    C) 6:00 pm
    D) 8:00 pm
    View answer
    Option C
  8. The Indian Overseas Bank has recently launched the Bank on Wheels facility in how many states of India?
    A) four

    B) one
    C) two
    D) three
    View answer
    Option D
    Explanation:
    16 lead districts in the state of Tamil Nadu, Andhra Pradesh and Kerala
  9. NBFCs with asset size of ____________ are mandated by RBI to appoint Chief Risk Officer.
    A) Rs 10 billion

    B) Rs 50 billion
    C) Rs 100 billion
    D) Rs 75 billion
    View answer
    Option B
    Explanation:
    Non-Banking Financial Company (NBFCs) with asset size of more than Rs.50 billion (Rs 5000 Crore) to appoint a Chief Risk Officer (CRO).
  10. India was the highest recipient of funds from which of these institutions in the year 2018?
    A) Asian Development Bank
    B) World Bank
    C) New Development Bank
    D) Asian Infrastructure Investment Bank
    View answer
    Option A

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