Banking & Financial 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. The set will be beneficial for the Banking and financial awareness section of LIC AAO. So attempt all the sets now.
Banking & Financial Awareness Questions
- The branches of selected banks authorized by the RBI to stock rupee notes and coins for the circulation in the economy is known as________
A) Blue Chip
B) Front Office
C) Currency Chest
D) Holding Company
- RBI has issued minimum standards for setting up of a new Currency Chests where the Chest Balance Limit should be atleast Rs __________
A) Rs 10 billion
B) Rs 20 billion
C) Rs 5 billion
D) Rs 12 billion
- Under the recommendation of which Committee RBI has issued minimum standards for setting up of a new Currency Chests?
A) Bimal Jalan Committee
B) Y. V. Reddy Committee
C) D.K. Mohanty Committee
D) D. Subbarao Committee
- As per the RBI’s minimum standards for setting up of a new Currency Chests, the minimum area of the strong room/ vault to store banknotes should be__________
A) 1000 sq. ft.
B) 1500 sq. ft.
C) 2000 sq. ft.
D) 1800 sq. ft.
- What should be the minimum processing capacity of the Currency Chests according to the latest notification of the RBI?
A) 5,50,000 pieces banknotes/day
B) 4,40,000 pieces banknotes/day
C) 2,20,000 pieces banknotes/day
D) 6,60,000 pieces banknotes/day
- RBI has notified that the CBL of Currency Chest should be of at least Rs 10 billion. What does CBL stands for?
A) Chest Balance Limit
B) Chest Bank Limit
C) Currency Balance Limit
D) Currency Bank Limit
- In order to spread awareness about the benefits of listing on BSE Startups platform, BSE has inked pact with which bank?
A) Syndicate Bank
B) HDFC Bank
C) ICICI Bank
D) SBI
- India has topped all the countries in the world as highest remittance receiving nation in 2018 according to World Bank’s Migration and Development Report. The total remittance received by India in 2018 was___________
A) USD 79 billion
B) USD 67 billion
C) USD 82 billion
D) USD 63 billion
- Emirates Islamic has become the first Islamic Bank to launch Banking Service via Whatsapp. The headquarter of the bank is located at_______
A) Sharjah
B) Abu Dhabi
C) Dubai
D) Al Ain
- What was the volume of priority sector lending certificates (PSLCs) in the financial year 2018-19?
A) Rs 2.4 trillion
B) Rs 1.9 trillion
C) Rs 4.2 trillion
D) Rs 3.3 trillion