Banking Awareness Quiz Set 13

In this page, candidates who are preparing for competitive exams can check out the Banking Awareness Questions And Answers along with an explanation. We uploaded Questions and Answers in the form of Quiz. These are helpful for the Practice session.

Banking Awareness Quiz Set 13

1. ATMs set up, owned and operated by non-banks are called ______
 
 
 
 

2. What is the maximum deposit amount insured by the Deposit Insurance and Credit Guarantee Corporation(DICGC)?
 
 
 
 

3. Which of the following is/are insured by DICGC?
 
 
 
 

4. Deposit Insurance and Credit Guarantee Corporation (DICGC) is a subsidiary of RBI, head quartered at_______
 
 
 
 

5. CGTMSE stands for ______
 
 
 
 

6. Money with no intrinsic value is known as ________
 
 
 
 

7. GDP evaluated at current market prices is known as _________
 
 
 
 

8. The ratio of money held by the public in currency to that held as deposits in commercial banks is called _____
 
 
 
 

9. A form of currency in which the value of the currency comes from the material of which it is made is called _____
 
 
 
 

10. ____________ is the money which includes token coin or any other physical tokens like certificates that can be readily exchanged for a fixed amount or quantity of commodity
like gold.
 
 
 
 

11. Security Printing and Minting Corporation of India, was incorporated under the Companies Act, 1956 with its headquarters at ______
 
 
 
 

12. Under Section 17 of Reserve Bank of India Act, 1934 the central bank involves in _______
 
 
 
 

13. All coins that are minted in kolkata has _______
 
 
 
 

14. All coins that are minted in Hyderabad has _______
 
 
 
 

15. Security Paper Mill(SPM) located at ________
 
 
 
 

16. Under Section 19 of the Reserve Bank of India Act, 1934, the RBI has been prohibited from ________
 
 
 
 

17. Section 18 of Reserve Bank of India Act, 1934 deals with _______
 
 
 
 

18. Under Section 31 of Reserve Bank of India Act, 1934 the Government or central bank involves in the _______
 
 
 
 

19. Under Section 24 of the Reserve Bank of India Act, 1934 the RBI may issue bank notes for the maximum denomination of ________
 
 
 
 

20. Section 22 of Reserve Bank of India Act, 1934 deals with _______
 
 
 
 

21. The Imperial Bank of India was renamed as?
 
 
 
 

22. SBI Day is observed on _________
 
 
 
 

23. At present State Bank of India has how many Associate Banks?
 
 
 
 

24. India became the _______ country in the world to have a bank especially for women.
 
 
 
 

25. A centralised database with Online connectivity to branches and Internet as well as ATM Network which has been adopted by almost all major banks of our country is known as_________
 
 
 
 

26. State Bank of India was established on _________
 
 
 
 

27. Which of the following is the purpose of introducing “Know Your Customer” norms by the banks?
 
 
 
 

28. How many banks were nationalized in 1969?
 
 
 
 

29. In the year 1993, the government merged _________ with Punjab National Bank.
 
 
 
 

30. In second phase of nationalization, how many banks were nationalized?
 
 
 
 


 

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