HomeQuizBanking Awareness QuizBanking Awareness Quiz – Set 7: Questions and Answers

Banking Awareness Quiz – Set 7: Questions and Answers

Banking Awareness Quiz – Set 7: Questions and Answers

Banking Awareness set 7 will help you in all banking exams such as IBPS Clerk, IBPS PO, SBI Clerk, SBI PO, RRB Clerk, and PO.

1) in India, Venture Capital Fund Companies are regulated by?

A) SEBI
B) RBI
C) PFRDA
D) None

[su_accordion][su_spoiler title=”Answer” open=”no” style=”fancy” icon=”chevron-circle”] Correct Answer is : A [/su_spoiler][/su_accordion]

2) V-CIP Stands For?

A) Virtual based Customer Identification Process
B) Vital based Customer Identification Process
C) Visual based Customer Identification Process
D) Video based Customer Identification Process

[su_accordion][su_spoiler title=”Answer” open=”no” style=”fancy” icon=”chevron-circle” ] Correct Answer is: D [/su_spoiler][/su_accordion]

3) minimum size of Priority Sector Lending Certificates?

A) 10 Lakh
B) 25 lakh
C) 20 lakh
D) 30 lakh

[su_accordion][su_spoiler title=”Answer” open=”no” style=”fancy” icon=”chevron-circle” ] Correct Answer is : B [/su_spoiler][/su_accordion]

4) How many types of Priority Sector Lending Certificates (PSLCs) are?

A) 4
B) 5
C) 6
D) 7

[su_accordion][su_spoiler title=”Answer” open=”no” style=”fancy” icon=”chevron-circle” ] Correct Answer is : A [/su_spoiler][/su_accordion]

5) ——- is not required for international money/message transfer.

A) SWIFT
B) IFSC
C) Bank Code
D) None

[su_accordion][su_spoiler title=”Answer” open=”no” style=”fancy” icon=”chevron-circle”] Correct Answer is : A [/su_spoiler][/su_accordion]

6) customers can deposit in NBFC is insured by DICGC?

A) 1 lakh
B) 15 lakh
C) 5 lakh
D) None

[su_accordion][su_spoiler title=”Answer” open=”no” style=”fancy” icon=”chevron-circle” ] Correct Answer is : A [/su_spoiler][/su_accordion]

7) Name of the organization that regulates credit rating agencies in the country?

A) SEBI
B) RBI
C) IRDAI
D) PFRDA

[su_accordion][su_spoiler title=”Answer” open=”no” style=”fancy” icon=”chevron-circle”] Correct Answer is : A [/su_spoiler][/su_accordion]

8) National Centre for Financial Education (NCFE) was established by which organization?

A) SEBI
B) RBI
C) PFRDA and IRDAI
D) All

[su_accordion][su_spoiler title=”Answer” open=”no” style=”fancy” icon=”chevron-circle” ] Correct Answer is 😀 [/su_spoiler][/su_accordion]

9) Which Indian state contains the highest number of Urban Cooperative Banks?

A) Maharashtra
B) UP
C) MP
D) Bihar

[su_accordion][su_spoiler title=”Answer” open=”no” style=”fancy” icon=”chevron-circle” ] Correct Answer is : C [/su_spoiler][/su_accordion]

10) e-RUPI was launched by?

A) NPCI
B) NABARD
C) SEBI
D) SIDBI

[su_accordion][su_spoiler title=”Answer” open=”no” style=”fancy” icon=”chevron-circle” ] Correct Answer is : A [/su_spoiler][/su_accordion]

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