Banking 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. So attempt all the sets now.
- SIDBI stands for _______
A) Small-scale Industries Deployment Bank Industry
B) Small Industries Development Bank of India
C) Small Interactive Deployment Bank Industry
D) Small Investment Development Bank of India
- When SIDBI was established?
A) April 5, 1993
B) April 9, 1992
C) April 2, 1990
D) April 8, 1991
- If any cheque issued by a holder does not get withdrawn from the bank till three months, then it is called
A) Crossed Cheque
B) Stale Cheque
C) Post Dated Cheque
D) Anti Dated Cheque
- What is the purpose of SIDBI?
A) To provide short term lending to industries
B) To provide refinance facilities
C) To develop MSME sector
D) All of the above
- Which is a subsidiary set up for speedier resolution of Non-Performing Assets (NPA) in the MSME sector?
A) RXIL
B) ISARC
C) SVCL
D) ISTSL
- The right of set-off customers account can be exercised only by a______?
A) Creditors
B) Debtors
C) Banker
D) Customer
- What is an acronym for GVA?
A) Gross Value Added
B) General Value Area
C) Goods Value Algorithm
D) Generalized Voluntary Action
- When was Commercial Paper (CP) introduced in India for the first time?
A) 1990
B) 1995
C) 2000
D) 2005
- P- Note (Participatory Note) in India are issued on the recommendation of
A) RBI
B) SEBI
C) Finance Ministry
D) EPFO
- What is ‘T’ stand for in the MTSS which is a term often seen in the banking sector news?
A) Transfer
B) Transaction
C) Tag
D) Total