Banking Awareness Quiz - 2

Description

IBPS Banking Awareness Quiz on Banking Awareness Quiz - 2, created by SIVA KUMAR Y V on 17/08/2017.
SIVA KUMAR Y V
Quiz by SIVA KUMAR Y V , updated more than 1 year ago
SIVA KUMAR Y V
Created by SIVA KUMAR Y V almost 7 years ago
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Resource summary

Question 1

Question
A Small Finance Bank has to allocate what per cent of its Adjusted Net Bank Credit (ANBC) should be advanced to Priority Sector as categorized by RBI?
Answer
  • 50%
  • 65%
  • 60%
  • 70%
  • 75%

Question 2

Question
“SMERA Ratings Limited” is an initiative of which of the following organization?
Answer
  • RBI
  • SBI
  • SIDBI
  • MUDRA
  • NABARD

Question 3

Question
Unified Payment Interface enables bank account holders to send and receive money using a VPA without entering additional bank information like account number & IFSC number. “VPA” stands for __________
Answer
  • Value Payment Address
  • Virtual Payment Address
  • Virtual Payment Amount
  • Verified Payment Address
  • Verified Payment Amount

Question 4

Question
Which among the following is the first "Small Finance Bank" established in India?
Answer
  • Equitas Small Finance Bank
  • Ujjivan Small Finance Bank
  • Capital Small Finance Bank
  • ESAF Small Finance Bank
  • Suryoday Small Finance Bank

Question 5

Question
The “Banking Ombudsman Scheme” was introduced under Sec 35A of ______________ by Reserve Bank of India in 1995.
Answer
  • Banking Regulation Act
  • Negotiable Instruments Act
  • Reserve Bank of India Act
  • Prevention of Money Laundering Act
  • Payment & Settlement System Act

Question 6

Question
"National Payments Corporation of India" (NPCI) founded in 2008 by Reserve Bank of India. And its headquarters established in which city?
Answer
  • Hyderabad
  • Bengaluru
  • Mumbai
  • Pune
  • New Delhi

Question 7

Question
As per RBI guidelines, what is the maximum withdrawal limit at “Micro-ATMs” per day?
Answer
  • ₹ 2,000
  • ₹ 4,000
  • ₹ 5,000
  • ₹ 8,000
  • ₹ 10,000

Question 8

Question
“The Society for Worldwide Interbank Financial Telecommunication” (SWIFT) provides a network that enables financial institutions worldwide to send and receive information about financial transactions. It headquartered at ________
Answer
  • La Hulpe (Belgium)
  • Basel (Switzerland)
  • Oslo (Norway)
  • Frankfurt (Germany)
  • Tokyo (Japan)

Question 9

Question
“Universal Account Number” (UAN) is a 12-digit code. And it will be allocated by __________
Answer
  • Securities & Exchange Board of India
  • Pension Fund Regulatory & Development Authority
  • Insurance Regulatory & Development Authority of India
  • Employees Provident Fund Organization
  • Credit Information Bureau of India Limited.

Question 10

Question
Which of the following NOT considered as collateral for avail a loan from Bank through charging security method called “Pledge”?
Answer
  • Gold
  • Share
  • Goods
  • Life Insurance Policy
  • All are considered as collateral / security through Pledge.
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