Monthly Archives: November 2018

Banking Awareness Quiz 48

Banking Awareness for IBPS PO Mains & IBPS Clerk

Welcome to your Banking Awareness Quiz 48

1. Which of the following is called as the National Income ?
2. Which of the following is the minimum capital requirement for Small and Payment Banks in India  ?
3.  In ASBA, what does first A stands for ?
4.  What is the major function of NABARD  ?
5. Which among the following is associated with the concept that there is no increase in production even with capital and labor increase unless the art of agriculture is improved ?
6.  To call a loan NPA, the interest or installment of principal should remain overdue for a minimum period of more than how many days ?
7.  Exim bank has signed a multilateral cooperation agreement with member development banks of which organization to undertake “collaborative research” in distributed ledger/block chain technology ?
8.  Equity schemes managed strong NAV gains, which boost their assets was news in some financial newspapers. What is the full form of the term NAV as used in above headlines ?
9.  The National Company Law Appellate Tribunal (NCLAT) is a _____?
10.  Insolvency and Bankruptcy Code was passed by Lok Sabha on _____?

Banking Awareness Quiz 47

Banking Awareness  Quiz 47 for IBPS PO Mains & IBPS Clerk

Welcome to your Banking Awareness Quiz 47

1.  Which of the following is not a function of NABARD ?
2.  Which of the following states has no Regional Rural Bank (RRB) ?
3. The NABARD (Amendment) Bill, 2017 seeks to increase the capital limit with NABARD from Rs 5000 crore to _____?
4.  __________ is the ratio of the change in quantity demand of a commodity to the given change in its price  ?
5.  The result or observation of ‘Engel’s Law on Family Expenditure’ is _________?
6.  How much overdraft facility to be provided in 'Pradhan Mantri Jan Dhan Yojana' scheme ?
7.  On the recommendations of Y.M. Deosthalee committee, the Reserve Bank of India will set up a PCR, which will be an extensive database of credit information for India that will be accessible to all stakeholders. In ‘PCR’ what does ‘R’ stands for  ?
8.  For Payment Banks, the the promoter’s contribution should be minimum ____% of the paid-up equity capital for a period of _____ years.
9.  The terms ‘NEER’ and ‘REER’ are related with   ?
10.  A company in order to be registered as an NBFC (Non - Banking Financial Company) with RBI should have a minimum net owned fund of  ?

Banking Awareness Quiz 46

Banking Awareness Quiz  for IBPS PO Mains & IBPS Clerk

Welcome to your Banking Awareness Quiz 46

1.  How many banks were nationalised in 1980 ?
2.  Recently, the limit under  BHIM  is increased to _________per transaction and maximum of Rs. ___________ per day for one bank account.
3.  Which of the following is NOT a measure of Risk Management in Banks ?
4.  The term CBS network is often associated with Banking Operations. What does the letter ‘C’ stand for in ‘CBS’ ?
5.  Name the process of converting the securities held in an electronic form in a Demat account to a physical certificate form ?
6. The RBI has asked banks to spell out their policy, procedures arid size of the business on which of the following aspects of banking ?
7.  As per the RBI guidelines on the licensing of Small Bank and Payment Bank, what is the minimum paid-up capital requirement ?
8. An unbanked customer can initiate IMPS transaction using the services of ?
9. CAC means the ability of the domestic residents to converts the local currency to any foreign currency at will. What does ‘A’ stands for in ‘CAC’ ?
10.  Crossing on a cheque can be cancelled by the _______ of the cheque under his full signature ?