Banking Awareness and Financial Awareness Quiz for Bank Exams

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Banking Awareness and Financial Awareness Quiz for Bank Exams
Banking Awareness and Financial Awareness Quiz for Bank Exams

Banking Awareness and Financial Awareness Quiz for Bank Exams

  1. The Integrated Grievance Management System (IGMS) is an online consumer complaints registration system which is created by
  • RBI
  • IRDAI
  • SEBI
  • LIC
  1. Which of the following terms is NOT associated with banking/finance?
  • RTGS
  • SLR
  • Repo Rate
  • LBW
  1. Computer Emergency Response Team, India comes under. _______
  • Ministry of Communication & Information Technology
  • Ministry of Commerce
  • RBI
  • Department of Information & Technology
  1. Money Market is divided into how many types?
  • 2
  • 5
  • 3
  • 6
  1. Which among the following is NOT correctly matched regarding the new series of bank notes issued by the RBI?
  • Ellora Caves – Rs 20 Note
  • Konark Sun Temple – Rs 10 note
  • Rani Ki Vav – Rs 100 note
  • Red Fort –Rs 2000 note
  1. Who was the first governor of the Reserve Bank of India (RBI)?
  • James Braid Taylor
  • Harvey Adamson
  • Lancelot Graham
  • Osborne Smith
  1. Which among the following is NOT a function of the National Housing Bank?
  • Strengthening the credit delivery network for housing finance
  • Regulation of the housing finance institutions at the regional as well as local levels
  • Running the daily administration of the Housing Finance Companies
  • Both A and C
  1. What is the Full Form of ALM?
  • Application Lifeline Management
  • Application Lifecycle Management
  • Appreciated Local Market
  • Applied Local Management
  1. Which among the following is the minimum amount that can be borrowed under the Liquidity Adjustment Facility system of the RBI?
  • Rs 1 Crore
  • Rs 2 Crores
  • Rs 5 Crores
  • Rs 10 Crores
  1. An asset is tagged as non performing when it ceases to generate income for the lender after how many days?
  • 100
  • 90
  • 200
  • 150
  1. When was Deposit Insurance and Credit Guarantee Corporation established under RBI?
  • 1978
  • 1981
  • 1979
  • 1975
  1. The Prevention of Money Laundering Act was passed in the year –
  • 2003
  • 2004
  • 2002
  • 2005
  1. What do the first 4 alphabetic characters in a SWIFT code represent?
  • Location code
  • Country name
  • Branch Name
  • Bank Name
  1. If the rate of inflation is very slow, it is known as which among the following?
  • Uncouth Inflation
  • Disinflation
  • Uninflation
  • Deflation
  1. The time exceeding five years are usually regarded as
  • Short-term finance
  • Long-term finance
  • Medium-term finance
  • Equal-term finance
  1. Who heads the Board for Payment & Settlements Systems?
  • Chief Financial Officer
  • RBI Governor
  • Finance Secretary
  • Finance Commission
  1. Which of the following forms the highest share in household savings in India?
  • Deposits
  • Currency
  • Real estate
  • Physical asset
  1. AU Small Finance Bank is headquartered in ______
  • Chennai, Tamil Nadu
  • Jaipur, Rajasthan
  • Thrissur, Kerala
  • Bengaluru, Karnataka
  1. What should be the minimum duration for which a certificate of deposit can be issued?
  • 7 days
  • 30 days
  • 45 days
  • 60 days
  1. Unit Trust of India (UTI) was founded in the year
  • 1963
  • 1966
  • 1965
  • 1964
  1. Which among the following can also be termed as the National Income of a country?
  • GDP (Gross Domestic Product)
  • GNP (Gross National Product)
  • NDP (Net Domestic Product)
  • NNP (Net National Product)
  1. A loan to pay for a home, business or other real estate over a period of time is a
  • Credit
  • Deposit
  • Mortgage
  • Bankruptcy
  1. Which among the following is NOT a qualitative measure of monetary policy undertaken by the RBI in India?
  • Moral Suasion
  • Direct Action
  • Reduction in Repo and Reverse Repo Rates
  • Both A and B
  1. What is the maximum loan that can be availed under Pradhan Mantri Shishu Yojana?
  • 1,00,000
  • 50,000
  • 1,50,000
  • 2,00,000
  1. Mutual Funds are mandatory to be registered under ________
  • SEBI
  • RBI
  • AMFI
  • IBA

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