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.
- ______ is that asset of a bank which that has stopped producing any income for the bank.
A) APA
B) NPA
C) CPA
D) CPI
- The type of account in which depositors are required to deposit certain sum of money at regular period of time is called?
A) Current Account
B) Savings Account
C) Recurring Deposit Account
D) Zero Balance Account
- Which of the following account is used for storing Stocks/Shares?
A) Trading Account
B) DEMAT Account
C) MAT Account
D) RD Account
- A __________ is a loan in which property or real estate is used as collateral.
A) Payday Loans
B) Debt Consolidation
C) Home Equity Loans
D) Mortgage
- What is the minimum limit for fund transfer in NEFT?
A) Rs 2 lakh
B) Rs 1 lakh
C) Rs 50,000
D) No Such Limit
- Which of the following capital is also known as “core capital” in the Basel Norms.
A) Tier-1 Capital
B) Tier-2 Capital
C) Tier-3 Capital
D) Tier-4 Capital
- Basel III guidelines were released in which year?
A) 2008
B) 2009
C) 2010
D) 2011
- The 50 Paisa coins are legal tender for any sum not exceeding_________ .
A) Rs. 50
B) Rs. 20
C) Rs. 5
D) Rs. 10
- Name the scheme of RBI which informs the citizens and banks to keep the bank note in good and clean condition.
A) Good Note Policy
B) Clean Note Policy
C) Decent Note Policy
D) Unsoiled Note Policy
- TIBOR is a reference rate mechanism used by which country?
A) Iran
B) Japan
C) Turkey
D) Tunisia