GK - Banking & Insurance - SPLessons
boy2

Banking Awareness Practice Set 14

Home > > Tutorial
SPLessons 5 Steps, 3 Clicks
5 Steps - 3 Clicks

Banking Awareness Practice Set 14

shape Introduction

Banking Awareness is an important section in the employment-related competitive exams in India. In particular, exams like IBPS, SBI and other bank related employment exams have banking awareness questions along with general awareness section. The Banking Awareness section primarily has questions related to the History of Banking, Banking Terms, Banking Products, Functions of Banks, Banks and their Taglines, Schemes, Committees related to Banking, Headquarters of Banks, most recent Banking News, Apps launched by Banks, New Schemes, Monetary Policies etc.
Banking Awareness Practice Set 14 article provides the list of several bank related questions to prepare aspirants of different competitive exams in India, primarily for banking related employment. The article Banking Awareness Practice Set 14 is very useful for different exams such as IBPS PO, Clerk, SSC CGL, SBI PO, NIACL Assistant, NICL AO, IBPS RRB, Railways, Civil Services etc.

shape Quiz

1. Who was the chairman of the committee formed by RBI to evaluate applications received for small finance banks in 2015?
    A. Nachiket Mor B. Raghuram Ram Rajan C. Urjit Patel D. Usha Thorat

Answer: Option D
2. How many entities were granted provisional license by RBI to convert into Small Finance Bank in 2015?
    A. 8 B. 10 C. 12 D. 25

Answer: Option B
3. Where is the headquarters of AU Small Finance Bank?
    A. Jaipur B. Mumbai C. Chennai D. New Delhi

Answer: Option A
4. Where is the headquarters of North-East Small Finance Bank located in India?
    A. Dispur B. Gangtok C. Guwahati D. Patna

Answer: Option C
5. Which was the first small finance bank in India?
    A. Capital Small Finance Bank Limited B. Jana Small Finance Bank C. Ujjivan Financial Services Pvt Ltd D. AU Small Finance Bank

Answer: Option A
1. What is the deposit limit on saving accounts in the Payment banks?
    A. Rs 1 lakh B. Rs 50000 C. Rs 5 lakhs D. Rs 10 lakhs

Answer: Option A
2. Which of these cannot be issued by a Payment bank?
    A. ATM card B. Debit card C. Credit card D. All of the above

Answer: Option C
3. Who headed the committee to evaluate the license applications for Payment banks?
    A. C Rangarajan B. Usha Thorat C. Nachiket Mor D. B S Mehta

Answer: Option C
4. Which of these accounts can be opened in a Payment Bank?
    A. Savings Account B. Current Account C. Both a and b D. None

Answer: Option C
5. Which is India's first Payment bank?
    A. PayTM Payments Bank B. JIO Payments Bank C. Airtel Payments Bank D. Fino Payments Bank

Answer: Option C
1. Under what section of the Banking Regulation Act, 1949 the payments banks are licensed?
    A. 22 B. 2 C. 19 D. 11

Answer: Option A
2. How many Payment banks were approved by RBI in 2015?
    A. 7 B. 11 C. 41 D. 9

Answer: Option B
3. How many branches of Payment banks must be in the unbanked rural area?
    A. 25% B. 50% C. 35% D. 75%

Answer: Option A
4. Which of these entities surrendered their Payments Bank license?
    A. Cholamandalam Distribution Services B. Sun Pharmaceuticals C. Tech Mahindra D. All of the above

Answer: Option D
5. Which of the following activities cannot be undertaken by a Payments Bank?
    A. Accept Deposits B. Payment of Utility Bills C. Lending Money D. None of the above

Answer: Option C

Other Articles

shape Exams

Competitive Exams - College Entrance Exams
Category Notification
Diploma Goa Diploma
Post-Graduation
GATE 2020
Click Here For – All India Entrance Exam Notifications


shape Job-Alerts

Competitive Exams - Recent Job Notifications
Category
Banking SSC Railway
Defence Police Insurance
Click Here For – All India Latest Jobs

shape SP Quiz

Competitive Exams - Practice Sets
Category Quiz
Quant Aptitude Spotting Errors
Insurance Awareness Insurance Awareness

shape GK

General Knowledge for Competitive Examinations
Topic Name of the Article
GK - World Famous Personalities Autobiography
Women Leaders
GK - India Indian Airports
Gupta Empire
GK - Abbreviations Finance Abbreviations
International Organizations Abbreviations
GK - Banking & Insurance Bank Board Bureau
Types of Banks
GK - Science & Technology Web Portals
Indian Space Centers
Hide Index Show Index