Banking Awareness Quiz Set 11

Dear aspirants this article contains Questions and Answers of Banking Awareness in the form of Quiz. We have uploaded the Questions with a detailed explanation. These questions and answers are for the session of Practice only. So do practice these questions daily.

Banking Awareness Quiz Set 11

1. _______ is a deposit account provided by a bank or other financial institutions for individuals to save money and earn the modest interest for that money held in the account.
 
 
 
 

2. __________ is a product to provide a person with an opportunity to build up saving through regular monthly deposits of fixed sum over a period of time.
 
 
 
 

3. _________ is a type of deposit account that caters to professionals and businessmen alike.
 
 
 
 

4. __________ is a deposit of money that has a fixed time and pays higher interest than a SB Account.
 
 
 
 

5. _________ account is opened by the investor while registering with an investment broker.
 
 
 
 

6. Which is a financial market that works as a conduit for demand and supply of debt and equity capital?
 
 
 
 

7. Which of the following is an account at a bank or credit union that earns interest over a specified amount of time?
 
 
 
 

8. Which of the following is a transactional deposit account held at a financial institution that allows for withdrawals and deposits?
 
 
 
 

9. _______ term refers an account that cannot be converted and repatriated into foreign currency.
 
 
 
 

10. _______ term refers an account in which balances held in the account are freely repatriable.
 
 
 
 

11. __________ developed by NPCI has been helping the Government and Government Agencies in making the Direct Benefit Transfer scheme a success.
 
 
 
 

12. There are _______ promoter banks in National Payments Corporation of India (NPCI).
 
 
 
 

13. NACH’s Aadhaar Payment Bridge (APB) has the capacity to handle _______ transactions per day.
 
 
 
 

14. Which of the following is the largest network of shared automated teller machines (ATMs) in India?
 
 
 
 

15. _______ is a bank led model which allows online interoperable financial inclusion transaction at PoS (MicroATM) through the Business Correspondent(BC) of any bank using the
Aadhaar authentication.
 
 
 
 

16. Which of the following was implemented by National Payments Corporation of India (NPCI) for Banks, Financial Institutions, Corporates etc.,?
 
 
 
 

17. Which of the following inputs required for a customer to do a transaction with AEPS?
 
 
 
 

18. How many digits code are there in Mobile Money Identifier (MMID)?
 
 
 
 

19. First RuPay ATM & Micro ATM Card with Aadhaar Number was issued by?
 
 
 
 

20. Which of the following service(s) is/are offered by Aadhaar Enabled Payment System (AEPS)?
 
 
 
 

21. Which of the following banks introduced the first ATM in India?
 
 
 
 

22. Which of the following banks became the first Indian bank to open a branch outside India?
 
 
 
 

23. Which of the following banks in India became the first bank to open branch in China?
 
 
 
 

24. First Indian Bank got ISO certification is ________
 
 
 
 

25. Which of the following considered as the first bank in India?
 
 
 
 

26. First Indian bank to provide Internet Banking facility is ________
 
 
 
 

27. India’s first bank to introduce Display variant Debit Card ___________
 
 
 
 

28. First Regional Rural Bank(RRB) in India is ________
 
 
 
 

29. First Indian bank which introduced Mutual Funds is ________
 
 
 
 

30. India’s first co-operative Bank is _______
 
 
 
 


 

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