Banking Awareness Quiz Set 6

In this article, we have added the Banking Awareness Quiz with Questions and Answers with an explanation. So candidates can test their capability in the Banking Awareness Quiz by practicing the given below Questions thoroughly.

Banking Awareness Quiz Set 6

1. The Headquarters of Capital Local Area & Bank is situated in _______
 
 
 
 
2. Which of the following is the Headquarters of City Union Bank?
 
 
 
 
3. The Headquarters of Kotak Mahindra Bank is located in _______
 
 
 
 
4. RBS Bank has been headquartered in __________
 
 
 
 
5. Which of the following is the Headquarters of Axis Bank?
 
 
 
 
6. DBS Bank has been headquartered in __________
 
 
 
 
7. Which of the following is the Headquarters of Yes Bank?
 
 
 
 
8. The Headquarters of Islamic Development Bank is _____
 
 
 
 
9. Which of the following is the Headquarters of IndusInd Bank?
 
 
 
 
10. Caixa Bank has been headquartered in __________
 
 
 
 
11. An ECS transaction gets bounced and you are unable to recover your money from your customer. Under which Act criminal action can be initiated?
 
 
 
 
12. A worldwide financial messaging network which exchanges messages between banks and financial institutions is known as _________
 
 
 
 
13. In which of the following fund transfer mechanisms, can funds be moved from one bank to another and where the transaction is settled instantly without being bunched with any
other transaction?
 
 
 
 
14. When there is a difference between all receipts and expenditure of the Govt. of India, both capital and revenue it is called _______
 
 
 
 
15. With reference to a cheque which of the following is the ‘drawee bank'?
 
 
 
 
16. Which of the following is not a ‘Money Market Instrument’?
 
 
 
 
17. Banks issue a letter to beneficiary on behalf of its constituents like guarantee for making payment on their behalf on fulfilment of its terms and conditions. What is this arrangement
known in banking context?
 
 
 
 
18. Fixed Deposits and Recurring Deposits are _________
 
 
 
 
19. When a Bank provides a loan for purchase of white goods, it is categorised as _____________
 
 
 
 
20. What is the fullform of ‘FSDC’ which is used in financial sectors?
 
 
 
 
21. Cash kept in the currency chest is owned by?
 
 
 
 
22. When more than one bank is allowing credit facilities to one party in coordination with each other under a formal arrangement, the arrangement is generally known
as___________
 
 
 
 
23. What is the maximum period for which a term deposit can be normally opened?
 
 
 
 
24. What is the minimum amount of deposit into/withdrawal from currency chest?
 
 
 
 
25. _________ are safer than Post Office Schemes as that are covered by the Deposit Insurance and Credit Guarantee Corporation(DICGC)
 
 
 
 
26. DICGC guarantees amount up to _____________ per depositor per bank.
 
 
 
 
27. What is the full form of FATCA?
 
 
 
 
28. What is the minimum initial deposit required for opening a Basic Savings Bank Deposit Account(BSBDA)?
 
 
 
 
29. Which of the following institutions do not hold a banking license?
 
 
 
 
30. Who among the following decides the volume and value of banknotes to be printed in India?
 
 
 
 

 

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