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.
- Cheques comes under the purview of NI Act, 1881 in India. What does NI stand for?
A) New Instruments
B) Negotiable Instruments
C) Non-Reversible Instruments
D) Nested Instruments
- Banks can borrow from which of the following institutions under the MSF window?
A) NABARD
B) SEBI
C) RBI
D) IMF
- What does M stands for in MCLR?
A) Maximum
B) Minimum
C) Managerial
D) Marginal
- Where was the headquarters of Reserve Bank of India established initially?
A) Mumbai
B) Chennai
C) Calcutta
D) Delhi
- Which entity in India has the sole right to mint coins?
A) Reserve Bank of India
B) Government of India
C) State Bank of India
D) SEBI
- In commercials banks, the ‘no-frills’ account has been replaced by?
A) Suvidha Account
B) Savings Account
C) Small Account
D) BSBDA
- Who determines the rate of interest under the Gold Monetisation Scheme?
A) Reserve Bank of India
B) Commercial Banks
C) Government of India
D) Collection and Purity Testing Centre
- What is the tenor range of dated Government securities?
A) 5 years to 40 years
B) 5 years to 30 years
C) 5 years to 20 years
D) 10 years to 30 years
- ______________ are the securities created by way of separating the cash flows associated with a regular G-Sec into separate securities.
A) SGB
B) OLTAS
C) STRIPS
D) SDL
- RTGS is a _______ system.
A) credit-pull
B) debit-push
C) debit-halt
D) credit-push