Banking Awareness Quiz Set 34

Dear readers in this page you can see the Questions and Answers with an accurate explanation of Banking Awareness. So Candidates can practice these questions and these does not consist any negative marking. So practice these and perform well in any competitive examination.

Banking Awareness Quiz Set 34

1. Which allows banks and other financial institution to auction residential or commercial properties to recover loans?
 
 
 
 

2. Which of the following is a type of Biller?
 
 
 
 

3. Which of the following will be the authorized operational units?
 
 
 
 

4. To become BBPOUs, Banks and non-bank entities are mandatorily required to apply for approval / authorisation to Reserve Bank of India under ________
 
 
 
 

5. Which of the following will function as the Bharat Bill Payment Central Unit (BBPCU), single authorized entity operating the BBPS?
 
 
 
 

6. In which of the following mode, BBPOU will confirm the bill payment basis the bill information dump provided by the respective biller?
 
 
 
 

7. In which of the following mode, the BBPOU receives all the bill payment requests for that particular biller without any validation?
 
 
 
 

8. ________ have been awarded the license by the Central Bank to operate Bharat Bill Payment System (BBPS) recently.
 
 
 
 

9. As per the Reserve Bank of India, BBPS will initially accept utility bill payments such as _________
 
 
 
 

10. As per the licensing norms of RBI, a new bank must have a _______ capital
 
 
 
 

11. Who among the following inaugurates Bandhan Bank as full-fledged scheduled commercial bank?
 
 
 
 

12. Which is the first bank to be set up in the eastern part of India after Independence?
 
 
 
 

13. Bandhan Bank is headquartered in _______
 
 
 
 

14. Which of the following is the slogan of Bandhan Bank?
 
 
 
 

15. Bandhan Bank starts with a capital base of ______ crore
 
 
 
 

16. Which of the following is/are the loan product(s) of Bandhan Bank?
 
 
 
 
 

17. IDFC Bank is headquartered in _______
 
 
 
 
 

18. Which of the following is/are the product(s) of IDFC Bank?
 
 
 
 
 

19. Who among the following launched IDFC Bank?
 
 
 
 

20. Which of the following is the clearing agency for Government securities?
 
 
 
 

21. Which of the following is the mode of settlement of securities wherein the transfer of securities and funds happen simultaneously?
 
 
 
 

22. The monetary ceiling of amount for settlement through Lok Adalat is _________
 
 
 
 

23. An EEFC account can be held only in the form of a ________
 
 
 
 
 

24. _______ is used for electronic dealing and reporting of transactions in government securities
 
 
 
 

25. Reserve Bank of India has made it mandatory on the banks to discontinue the practice of stapling the currency note packets under _______ of the Banking Regulation Act, 1949
 
 
 
 

26. The first Indian RRB that has achieved Core Banking Solution(CBS) is ________
 
 
 
 

27. The government of India closed ______ and established National Company Law Tribunal and National Company Law Appellate Tribunal.
 
 
 
 

28. “Islamic Banking” the term used for _______
 
 
 
 
 

29. RBI can inspect the branches of Banks under _______ of the Banking Regulation Act, 1949
 
 
 
 


 

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