Banking Quiz.

Banking Awareness Quiz – Set 221

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.

  1. Which Bank has opened its Melbourne office and became the first Indian bank to have a branch in the Australian state of Victoria?
    A) Bank of India
    B) Bank of Baroda
    C) Union Bank of India
    D) State Bank of India
    View answer
      Option D.
    Explanation: State Bank of India in September 2019.
  2. Which Bank has launched three new digital products called, UCash, Digilocker and an app in Kolkata?
    A) Bank of India
    B) UCO Bank
    C) Union Bank of India
    D) State Bank of India
    View answer
      Option B.
    Explanation: UCO Bank.
  3. ________has given the go-ahead to the Kerala government to amalgamate 13 district cooperative banks (DCBs) with the Kerala State Cooperative Bank to form the proposed “Kerala Bank?
    A) NABARD
    B) RBI
    C) Government of India
    D) None of these
    View answer
      Option B.
    Explanation:RBI.
  4. Which company has been selected as the main supplier to deliver Volvo Cars’ digital transformation services for its enterprise digital commercial operations applications and products?
    A) TCS
    B) Tech Mahindra
    C) Infosys
    D) Wipro
    View answer
    Option C.
    Explanation: Infosys.
  5. IFRS stands for________.
    A) International Financial Reporting Standards
    B) Indian Financial Reporting Standards
    C) International Financial Rating Standards
    D) None of these
    View answer
    Option A.
    Explanation:
    International Financial Reporting Standards.
  6. Short-term assets, representing amounts due to a vendor or suppliers of goods or services that were sold on credit terms is known as _______.
    A) Deposit Asset
    B) Current liabilities
    C) Account Receivable
    D) None of these
    View answer
      Option C.
    Explanation: Account Receivable.
  7. A chit fund is a type of rotating savings and credit association system practiced in India, is governed / regulated by ________.
    A) RBI
    B) Central government
    C) State government
    D) None of these
    View answer
    Option C.
    Explanation: State Government
    .
  8. Which among the following committee constituted on Payment Banks license?
    A) A C Shan
    B) NachiketMor
    C) B D Thakur
    D) None of these
    View answer
      Option B.
    Explanation: Nachiket Mor.
  9. Headquarters of National Investment and Infrastructure Fund (NIIF) is located at ________.
    A) New Delhi
    B) Mumbai
    C) Kolkata
    D) None of these
    View answer
      Option B.
    Explanation:Mumbai.
  10. With which article of the Indian Constitution is Money Bill related?
    A) Article 110
    B) Article 112
    C) Article 108
    D) None of these
    View answer
      Option A.
    Explanation:
    Article 110.

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