Banking Awareness Quiz Set 18

Dear readers, Welcome to the Banking Awareness Quiz in Here we had given the Questions And Answers with an accurate explanation. So do study these questions and answers to grab a job. These Questions are helpful for all competitive exams.

Banking Awareness Quiz Set 18

1. It gives the right to retain possession only of goods in respect of which the dues have arisen and not for other dues.

2. An Individual can have _____ number of ‘Basic Savings Bank Deposit Account’ in one bank?

3. NBFCs whose asset size is of __________ or more as per last audited balance sheet are considered as systemically important NBFCs.

4. CSGL account stands for

5. ___________ can purchase immovable property in India.

6. Bond Ledger Account(BLA) means an account with RBI or an agency bank in which the Government securities are held in a __________ form to the credit of the holder.

7. Who decided the limits on cash withdrawal at ATMs and for the purchase of goods and services?

8. What is the option for a card holder if his complaint is not redressed by the issuer bank within a maximum period of thirty days from the date of his lodging the complaint?

9. ATS stands for _________.

10. The type of cards that can be used at an ATM/WLA ___________.

11. Whose signature is found on a 100 rupee currency note in India?

12. It is the market which expects the prices of shares rise in the market.

13. Which of the following is false about Carbon Credit?

14. MTSS stands for

15. What is the meaning of Lock period in Term deposit?

16. The first RRB named Prathama Grameen Bank was started by ______.

17. Fiat money is defined as

18. Which among the following countries commenced first plastic notes?

19. SWIFT stands for

20. The movement that encouraged the foundation of commercial banks was ________.

21. The special drawing right granted by the International Monetary Fund to its member countries is _______________.

22. Demat Accounts are

23. Which one of the following is not true about Banking regulations?

24. It is the ratio of a bank’s capital in relation to its risk weighted assets and current liabilities.

25. Cryptocurrency is a _______

26. In banking CDR stands for

27. Which one of the following is not a key function of a Bank?

28. Which asset can be mortgaged?

29. What does the lowering of Bank Rate by the Reserve Bank of India leads to

30. The maximum time period for which domestic term deposits are generally accepted by banks in India is _________.

31. Which is the loan of very small amounts given to low income groups?



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