Banking Awareness Quiz
Banking Awareness Quiz – Set 268: 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.
- The rate at which the Reserve Bank is ready to buy or rediscount bills of exchange or other commercial papers is known as?
A) Repo Rate
B) MSF
C) Reverse Repo Rate
D) Bank Rate
- _____________ is an automated electronic payment service which allows you to make monthly payment to the billing organisation (BO) from your bank account directly.
A) LIFO
B) FIFO
C) GIRO
D) RIGO
- What is the full form of GIRO?
A) General Internal Receiving Order
B) General Interbank Recurring Order
C) Generic Interbank Remote Order
D) Generic Internal Remote Order
- Which of the following is an example of GIRO payment in India?
A) NEFT
B) RTGS
C) BBPS
D) IMPS
- Government of India sets the inflation target once in every ________ years.
A) 4
B) 5
C) 6
D) 8
- Market Stabilisation Scheme (MSS) was introduced in which year?
A) 2001
B) 2004
C) 2007
D) 2010
- The Monetary Policy Committee of RBI has how many members?
A) 5
B) 6
C) 8
D) 10
- Ways and Means Advances is provided by?
A) SEBI
B) SBI
C) RBI
D) NPCI
- What is the total priority sector lending target for Regional Rural Banks?
A) 40%
B) 25%
C) 75%
D) 60%
- Banks Board Bureau (BBB) has how many members?
A) 5
B) 6
C) 7
D) 8