Banking Awareness Quiz Set 8

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Banking Awareness Quiz Set 8

1. Which of the following is not a measure of the Risk Management in Banks?

2. Which of the following cannot be called as a debt instrument as referred in financial transactions?

3. Which of the following is not a type of cheque issued by an individual?

4. “The Doing Business Report” is prepared by which of the following organizations every year?

5. “World Investment Report” is annually published by ______

6. An account which remains in operative for an extended period of time is referred as ________

7. Scheduled banks are required to keep cash reserve with RBI, interms of _______

8. Banking Code & Standards Board of India(BCSBI) set up by ________

9. Treasury bills are issued in India by ______

10. The law regarding negotiable instruments is contained in __________

11. NEFT is an electronic fund transfer system that operates on a _________ basis which settles transactions in batches.

12. The NEFT system facilitates ____cross-border transfer of funds from India to Nepal which is known as the Indo-Nepal Remittance Facility Scheme.

13. What is the charge of Inward transactions at destination bank branches in NEFT?

14. In National Electronic Funds Transfer (NEFT) maximum amount per transaction is limited to ________

15. The beneficiary can expect to get credit for the NEFT transactions within ______business hours.

16. NEFT operates in hourly batches and there are _______ settlements from 8 am to 7 pm on week days.

17. The first 4 alpha characters in the 11 digit IFSC code represents ________

18. In NEFT, What is the charge for transactions above Rs 10,000 upto Rs.1 lakh?

19. In NEFT What is the charge for transactions above Rs 1 lakh and upto Rs.2 lakh?

20. In NEFT What is the charge for transactions up to Rs 10,000?

21. When was the currency system in India converted into the decimal system?

22. Indian Banking Regulation Act was passed in the year ___________

23. Deposits which can be withdrawn by a customer without notice is called ________

24. Dalal Street in Mumbai is famous for which of the following?

25. Which of the following is not e-banking software?

26. ICRA, CRISIL, and Standard and Poor’s (SP) are ______

27. Which of the following is the feature of IBS?

28. The largest number of commercial bank’s offices are located in ______

29. Which of the following is not a member of the World Bank Group?

30. Which of the following is an apex institution in the field of Industrial Finance?



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