General Knowledge Quiz: Banking Awareness
- Ajay Singh
- 31-May-2021
- 11 Views
It is crucial to have a good command over the General Knowledge section to score high in competitive exams, especially SSC and Civil Services, and make it to the final merit list. With frequent quizzes based on different topics from the General Knowledge section, Exammr has come to your rescue in improving your knowledge with the passage of each day.
1. Which of the following term means the sharing and leveraging of customer-permission data by banks with third-party developers and firms to build applications and services?
A) Systematic Banking
B) Open Banking
C) Para Banking
D) Exclusive Banking
2. Sovereign Gold Bond can be purchased from which of the following channel?
A) SHCIL
B) Scheduled Commercial Bank
C) BSE
D) All of these
3. The Reserve Bank of India provides a discount of what amount on price of Sovereign Gold Bonds (per gram) is the payment is made by online mode?
A) Rs 100
B) Rs 50
C) Rs 500
D) Rs 250
4. Which of the following does not form a part of the Foreign Exchange Reserves of RBI?
A) Foreign Currency Assets
B) Special Drawing Rights
C) Reserve Tranche Position
D) Silver
5. Which of the following risk arises due to the movements in the exchange rates?
A) Credit Risk
B) Market Risk
C) Currency Risk
D) Liquidity risk
6. The directions issued by the Reserve Bank of India on Digital Payment Security Controls shall not be applicable to which of the following entity?
A) Scheduled Commercial Banks
B) Payments Bank
C) Credit card issuing NBFCs.
D) Regional Rural Banks
7. What is the minimum deposit limit under the Gold Monetization Scheme (GMS), 2015?
A) 10 grams of raw gold
B) 1 grams of raw gold
C) 5 grams of raw gold
D) 20 grams of raw gold
8. What is the maximum deposit limit under the Gold Monetization Scheme (GMS), 2015?
A) 4 kg
B) 10 kg
C) 20 kg
D) No limit
9. What is the maximum balance which a customer of a Payments Bank may hold in his/her account at the end of the day?
A) Rs 1 lakh
B) Rs 2 lakh
C) Rs 10 lakh
D) No such limit
10. Which of the following term refers to a type of loan?
A) RTP
B) SGB
C) SDR
D) WMA
Answers:
B) Open Banking
D) All of these
B) Rs 50
D) Silver
C) Currency Risk
D) Regional Rural Banks
A) 10 grams of raw gold
D) No limit
B) Rs 2 lakh
D) WMA