Banking quiz

Banking Awareness Quiz – Set 302

Banking Awareness Quiz

Banking Awareness Quiz – Set 302: This post contains Banking Awareness Quiz for Banking and Insurance exams like IBPS PO/Clerk, SBI PO/Clerk, RBI Assistant/ GRADE B, NABARD, RRB PO/Clerk, NIACL, NICL and LIC AAO/Assistant etc. These Banking Awareness sets will guide you in all upcoming banking and insurance exams.

  1. Which of the following first payment bank has started operating in India?
    A) Fino Payments Bank
    B) Paytm Payments Bank
    C) NSDL Payment Bank
    D) Airtel Payment Bank
    View answer
    Option D
    Explanation: Airtel payment Bank was the first payments bank which has started operating in Inida from Rajasthan.
  2. Which among the following is not a schedule commercial bank?
    A) Fino Payments Bank
    B) Paytm Payments Bank
    C) Airtel Payment Bank
    D) Jio Payments Bank
    View answer
    Option D
    Explanation: 4 payments Banks which are Scheduled payments banks are:
    India Post Payment Bank
    Fino Payment Bank
    Paytm Payment Bank
    Airtel Payment Bank
  3. What percent of ANBC should be maintained for PSLs for RRBs in our country?
    A) 10%
    B) 20%
    C) 30%
    D) 75%
    View answer
    Option D
    Explanation: 75% of the ANBC should be maintained for PSLs for RRBs in our country.
  4. What do you understand by ANBC?
    A) Adjusted netted bank credit
    B) Adjusted net banking credit
    C) Adjusted new bank creditor
    D) Adjusted net bank Credit
    View answer
    Option D
    Explanation: Adjusted net bank Credit is the full form of ANBC.
  5. What is the increased housing loan limit for UCBs in tier 1 cities?
    A) 30 lakhs
    B) 60 lakhs
    C) 40 lakhs
    D) 50 lakhs
    View answer
    Option B
    Explanation: Tier 1 is increased to 60 lakhs from 30 lakhs and Tier 2 from 70 lakh to 1.4 crore.
  6. Which among the following statement is correct:
    SFBs 50% loan portfolio must be 25 lakhs
    Foreign shareholdings are not allowed in SFBs.
    The banks are restricted to certain region.
    Answer the correct options:
    A) Only 1
    B) Only 3
    C) Only 2
    D) All
    View answer
    Option A
    Explanation: SFBs 50% loan portfolio must be 25 lakhs, Foreign shareholdings are allowed in SFBs and The banks are not restricted to certain region.
  7. Consider the following statements:
    I. RRBs are restricted to a particular region.
    II. RRBs can participate in money market.
    III. RRBs are regulated by RBI.
    A) Only 1
    B) Only 2 and 3
    C) Only 3
    D) All
    View answer
    Option D
    Explanation: All above the statements are true.
  8. Which bank has recently launched Vikas Siri Sampat 1111?
    A) Canara Bank
    B) Karnataka bank
    C) Karnataka Vikas Grameen Bank
    D) DBS Bank
    View answer
    Option C
    Explanation:Karnataka Vikas Grameen Bankhas recently launched Vikas Siri Sampat 1111.
  9. How many non official members are there in board of RBI?
    A) 10
    B) 6
    C) 21
    D) 20
    View answer
    Option C
    Explanation: There are total 21 non official members in board of RBI.
  10. How many offices RBI have?
    A) 27
    B) 31
    C) 4
    D) 6
    View answer
    Option B
    Explanation: There are 31 offices of RBI.

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