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.
- BCSBI has in collaboration with the Indian Banks’ Association (IBA), evolved how many codes?
A) 1
B) 2
C) 3
D) 4
- The _________ is an independent banking industry watchdog that protects consumers of banking services in India.
A) RBI
B) IBA
C) BCSBI
D) IIBF
- With a view to promote Priority Sector Lending, RBI has allowed banks to co-originate loans with _________.
A) SEBI
B) SIDBI
C) NBFCs
D) MSME
- Rural Infrastructure and Development Fund (RIDF) is maintained with ____?
A) NABARD
B) RBI
C) SEBI
D) SIDBI
- _________ is the belief that economies and businesses function best when there is no interference by the government.
A) Neoliberalism
B) Autocratic
C) Socialism
D) Laissez faire
- Surplus funds of the Central Government over and above the prescribed minimum balance are invested in __________ by RBI.
A) Shares
B) IPO
C) Mutual Funds
D) Government of India dated Securities
- All banks/ financial institutions should maintain a minimum balance of _______ in their account with RBI.
A) Rs 1 lakh
B) Rs 5 lakh
C) Rs 10 lakh
D) Rs 100 lakh
- GRID is related to which of the following payment system?
A) NEFT
B) RTGS
C) UPI
D) CTS
- There are how many GRIDs in India for Cheque clearing?
A) 2
B) 3
C) 4
D) 5
- If an unauthorised electronic payment transactions through a PPI is reported by the customer before ___ days then the Liability of Customer is 0.
A) 3
B) 4
C) 5
D) 7