Banking Quiz 3

Banking Awareness

  • This is an online quiz to test your knowledge of Banking Awareness.
  • This Online Test is useful for academic and competitive exams.
  • Multiple answer choices are given for each question in this test. You have to choose the best option.
  • After completing the test, you can see your result.
  • There are 10 questions in the test.
  • There is no negative marking for wrong answers.
  • There is no specified time to complete this test.
  • EduDose has provided this test in both English and Hindi medium.

When a person has a saving account in the bank , the bank assumes the position of ___?

Currency Swap is an instrument to manage

What are teaser loan rates charged by banks?

As we all know, the major source of income of the banks is lending money (providing credit) and earning interest on it. In normal circumstances, the demand of the credit comes mainly from which of the following sectors?

  1. Personal Loans
  2. Priority Sector Lending and Bailout Packages
  3. Project Finance

Under provisions of which one of the following Acts, the Reserve Bank of India has the power to regulate, supervise and control the banking sector?

A new private bank is established under which of the following?

Which among the following is correct statement?

In order to avoid crowding of customers wanting to withdraw cash in the branches, banks have provided many delivery channels. Which of the following is one of the most popular channels of getting instant hard cash?

RBI has asked banks to make a plan to provide banking services to all villages having a population upto 200. This directive issued by the RBI will fall in which of the following categories?

'The set of directive principles issued by the Central Bank of a country or the process adopted by it to control the supply of money, availability of money, cost of money and rate of interest, etc, in order to bring stability and growth of the economy' are commonly known as

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