It is time to pace up you preparation of Banking Awareness For IBPS Clerk Mains & South India Bank Clerk exams. These questions related to Banking Awareness will also help you in preparing for other upcoming banking recuitment exams.
Banking Awareness Quiz For IBPS Clerk Mains & South India Bank Exams
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Question 1 of 15
1. Question1 points
MMID is a seven digit number issued by banks for transfer of money .What does ‘I’ in MMID stand for ?
Question 2 of 15
2. Question1 points
Which of the following is an electronic transfer system that operates in hourly batches ?
Question 3 of 15
3. Question1 points
In which of the following payment banks, the stakes are wholly owned by Government of India ?
Question 4 of 15
4. Question1 points
Rabobank is a multinational banking and financial services company. It is headquartered in :
Question 5 of 15
5. Question1 points
EFTPOS is an electronic payment system involving electronic fund transfer based on the use of
Payments cards, such as debit or credit cards, at ….terminals located at points of sale
Question 6 of 15
6. Question1 points
The maximum limit for foreign investment in India as per the guidelines of ‘on tap’ licensing
Drafted by RBI ?
Question 7 of 15
7. Question1 points
The rate at which RBI lends to the commercial banks is called :
Question 8 of 15
8. Question1 points
NFS is the largest network of shared automated teller machines(ATMs) in India and is run by
Which of the following organization ?
Question 9 of 15
9. Question1 points
The RBI original share capital was divided into shares of 100 each fully paid, which were initially
Owned entirely by which of the following entities ?
Question 10 of 15
10. Question1 points
Local Area Banks were set up by the Government of India with jurisdiction over two or three
Question 11 of 15
11. Question1 points
India’s first banking robot ‘Lakshmi’ to be launched by City Union Bank in which of the following Cities ?
Question 12 of 15
12. Question1 points
The savings bank account which does not operate for more than 24 months, then the amount is
Known as ………
Question 13 of 15
13. Question1 points
What is the maximum period upto which NBFcs can accept deposit from the date of receipt of such deposit ?
Question 14 of 15
14. Question1 points
Commercial Paper(CP) is an unsecured money market instrument issued in the form of which of The following ?
Question 15 of 15
15. Question1 points
The small Finance Banks also known as Payment Bank are mandated to open how much percent of their branches in rural unbanked areas ?