This set contains banking awareness questions for various upcoming exams like SBI PO, IBPS PO, Clerk and insurance exams. This set contains questions from the topic : NABARD What is the full form of NABARD? A) National Agriculture Bank for Rural Development B) Nationalised Agricultural Bank of Rural Development C) National Bank for Agriculture and Rural Development D) Nationalised Bank…
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Banking Awareness for Upcoming Exams Set 8 (Cheque)
This set contains banking awareness questions for various upcoming exams like SBI PO, IBPS PO, Clerk and insurance exams. This set contains questions from the topic : Cheque A cheque is defined under which act? A) Payment and Settlement Systems Act, 2007 B) Reserve Bank of India Act, 1934 C) Banking Regulation Act, 1949 D) Negotiable Instruments Act, 1881 A…
Read MoreBanking Awareness for Upcoming Exams Set 7
This set contains banking awareness questions for various upcoming exams like SBI PO, IBPS PO, Clerk and insurance exams. The setting up of White Label ATMs is authorized under which Act? A) Banking Regulation Act,1949 B) Payment and Settlement Systems Act, 2007 C) Reserve Bank of India Act,1934 D) Negotiable Instrument Act, 1881 Dishonour of cheque is covered in…
Read MoreBanking Awareness for Upcoming Exams Set 6 (Payments Bank)
This set contains banking awareness questions for various upcoming exams like SBI PO, IBPS PO, Clerk and insurance exams. This set contains questions from the topic : Payments Bank. A Payments Bank is licensed under which Act? A) Reserve Bank of India Act, 1934 B) Banking Regulation Act, 1949 C) Companies Act, 1956 D) Payment and Settlement Systems Act,…
Read MoreBanking Awareness for Upcoming Exams Set 5 (NBFC)
This set contains banking awareness questions for various upcoming exams like SBI PO, IBPS PO, Clerk and insurance exams. This set contains questions from the topic :Â Non-Banking Financial Company (NBFC). A Non-Banking Financial Company (NBFC) is a company registered under the _________ . A) Reserve Bank of India Act, 1934 B) Banking Regulation Act, 1949 C) Companies Act, 1956 D)…
Read MoreBanking Awareness Set 4 (Small Savings Scheme) – Updated
This set contains banking awareness questions for various upcoming exams like SBI PO, IBPS PO, Clerk and insurance exams. This set contains questions from Small Savings Scheme applicable from January-March 2018. What is the present interest rate in Public Provident Fund(PPF) Scheme? A) 7.5% B) 7.6% C) 7.8% D) 7.7% What is the maximum deposit limit allowed in a financial…
Read MoreBanking Awareness Set 3
This set contains banking awareness questions for various upcoming exams like SBI PO, IBPS PO, Clerk and insurance exams. The apex institution in Banking System in India is? A) RBI B) SEBI C) NABARD D) IRDA The new lending rate MCLR introduced has come into effect from ? A) 1 June 2016 B) 1 May 2016 C) 1 April 2016…
Read MoreBanking Awareness Set 2
This set contains banking awareness questions for various upcoming exams like SBI PO, IBPS PO, Clerk and insurance exams. Multiple Choice Questions from the topic NEFT, RTGS and IMPS. What does S stands for in SFMS in relation to NEFT payment method? A) Statutory B) Systematic C) Structured D) Savings What is the maximum limit per transaction in NEFT? A)…
Read MoreBanking Awareness Set 1
The following questions are based on Basic Savings Bank Deposit Account (BSBDA). What is D in BSBDA? A) Debit B) Dual C) Deposit D) Draft A person having Basic Savings Bank Deposit Account (BSBDA) in a bank can have which of the following accounts in the same bank? (i) Savings Account (ii) Fixed Deposit (iii) Recurring Deposit A) Only (i)…
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