Banking Awareness Quiz for NIACL AO MAINS|23nd JANUARY 2019

Improve your Banking with Banking quiz. Banking Quiz to help you improve your score for exams like Bank, SSC, Railway, UPSC, UPSSSC, CDS, UPTET, KVS, DSSSB and other Government exams.

Q1. The Head Quarters of SWIFT is located in-
(a) Bern, Switzerland
(b) La Hulpe, Belgium
(c) Geneva, Switzerland
(d) New York, USA
(e) Vienna Austria

Q2. What is the initial capital amount to start Small Finance Banks?
(a) 100 crore
(b) 200 crore
(c) 500 crore
(d) 1000 crore
(e) 5000 crore Q3. The promoters of Small Finance Banks should have _______ experience in banking and finance?
(a) 08 years
(b) 11 years
(c) 07 years
(d) 10 years
(e) 15 years

Q4. Which of the following is the first Regional Rural Bank of India?
(a) AP Grameena vikas Bank
(b) Chaitanya Godavari
(c) Andhra Pragathi
(d) Prathama Bank
(e) Baroda UP Gramin Bank

Q5. India Post Payments Bank (IPPB) has been recently incorporated as a Public Limited Company under the Department of Posts with _______ equity.
(a) 100% GOI equity
(b) 50% GOI and 50% RBI
(c) 50% GOI, 25% RBI, 25% Sponsor Bank
(d) 50% Sponsor Bank and 50% RBI
(e) 50% GOI, 35% RBI, 15% Sponsor Bank

Q6.NPA is a loan or an advance where interest and/or installment of principal remain overdue for a period of more than ______ days in respect of a term loan.
(a) 100 days
(b) 30 days
(c) 90 days
(d) 60 days
(e) 120 days

Q7.The purpose of MUDRA is to provide funding to the non-corporate small business sector through various Last Mile Financial Institutions like-
(a) Banks
(b) NBFCs
(c) MFIs
(d) All of the above
(e) None of the above

Q8.Which among the following is not a product and services of NPCI?
(a) NACH
(b) BHIM
(c) NACHA
(d) Rupay
(e) UPI

Q9. Which of the following bank has been recently given scheduled bank status by RBI?
(a) Janalakshmi Small Finance Bank
(b) RGVN Small Finance Bank
(c) AU Financiers Small Finance Bank
(d) ESAF Small Finance Bank
(e) Ujjivan Small Finance Bank

Q10.NHB is wholly owned by ______
(a) GOI
(b) RBI
(c) SEBI
(d) NABARD
(e) Finance Ministry

Answer Key

Ans.1.(b)
Ans.2.(a)
Ans.3.(d)
Ans.4.(d)
Ans.5.(a)
Ans.6.(c)
Ans.7.(d)
Ans.8.(c)
Ans.9.(e)
Ans.10.(b)

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