Banking Awareness MCQs Quiz Multiple Choice Questions & Answers

Banking Awareness MCQs questions answers

Test Your Skills in Banking Awareness Quiz Online

Embark on an enlightening journey through the realm of Banking Awareness with our extensive collection of multiple-choice questions and answers. Whether you're a banking professional aiming to stay updated with industry trends, a student preparing for banking exams, or an individual seeking to enhance financial literacy, our repository offers invaluable insights. Explore topics such as banking regulations, financial products, banking operations, monetary policy, and digital banking. Each multiple-choice question is meticulously crafted to challenge your understanding and stimulate critical thinking about the intricacies of the banking sector. From understanding the role of central banks to analyzing banking technology and innovations, our MCQs provide a comprehensive exploration of all facets of Banking Awareness. Start exploring today to deepen your knowledge and stay informed in the ever-evolving landscape of banking!

Banking Awareness Questions with Answers

1. Who is the present Chairman of State Bank of India?

2. Who is the present Governor of RBI?

3. We should keep our savings with banks because

4. Bank does not give loan against

5. ..............are not covered under PMJDY Life Insurance Scheme of Rs.30,000/-

6. 100/- Rupee note is signed by

7. Aadhaar is

8. Account payee cheques can be paid

9. ATM can be used for

10. ATM means

11. ATM password should be kept in

12. ATM password to be shared only with

13. Bank charges interest on

14. Bank does not provide loans for

15. Bank draft is issued by

16. Bank having maximum number of branches in India

17. Bank Pass Book is

18. Bank provides loans for

19. Banks pays interest on

20. Business Correspondent means

21. Can illiterate person be issued Debit card?

22. Coins are issued by

23. Contents of locker are

24. Currency notes are issued by

25. Defaulter of loan means

26. E or S means

27. Education Loans

28. Fixed Deposit can

29. General Insurance relates to insurance against

30. Gold and silver ornaments should be kept in bank lockers

31. Highest denomination of currency notes issued by RBI is

32. If locker rent is not paid, Bank can

33. In Recurring Deposits

34. Interest on FDRs is compounded on

35. Interest on Savings Bank Deposits is paid

36. Internet banking refers to

37. KYC means

38. Life insurance means

39. Loans from money lenders are

40. Maximum amount of Cheque

41. Maximum tenure of Fixed Deposit is

42. MGNREGS stands for

43. Minimum age required to open SB account in the bank

44. Mutilated notes

45. Nomination can be done in

46. Nomination once done can

47. NRI means

48. PAN means

49. PAN number is required for

50. Payment of cheque can be stopped by


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