Home > 8th Grade Math > Quizzes > Important Banking Awareness Questions and Answers
Important Banking Awareness Questions and Answers
Fast practice, instant feedback. Timer auto-submits when time’s up.
Avg score: 3% • Most missed: “Credit Cards are known by which another name?”
Important Banking Awareness Questions and Answers
Time left 00:00
25 Questions

1. Interest on savings bank account is now calculated by banks on which basis?

2. What is the mean of NEFT?

3. What type of loan is granted by banks for purchase of white goods?

4. Many times we read about -˜Hawala-™ transactions in newspapers. Hawala in India is prohibited under the provision of which Act?

5. Whose signature is found on a 50 rupee currency note in India?

6. Which is a Credit Card Association?

7. Which state became the first state in the country to launch RBI-™s e-payment system for commercial tax payers?

8. Interest payable on savings bank accounts is regulated by which bank?

9. What is the maximum period for which domestic term deposits are normally accepted by banks in our country?

10. Which asset can be mortgaged?

11. -˜Crossing-™ applies to which instrument?

12. What are fixed deposits and recurring deposits?

13. What is the Rate at which the domestic currency can be converted into foreign currency and vice-versa is known as?

14. While investing in mutual funds we come across a term called NAV. What is the meaning of NAV?

15. What is the name of cheque when a bank returns unpaid?

16. In India which of the following have the highest share in the disbursement of credit to agriculture and allied activities?

17. Almost all banks in our country have introduced which facility for granting crop loans to farmers?

18. What is meant by financial inclusion?

19. What is the full form of -˜ULIP-™ the term which was in the news recently?

20. Which is -˜material alteration-™ of a negotiable instrument?

21. Which reserves can act as a liquidity buffer for commercial banks during crisis times?

22. If PAN details are not provided the TDS is deducted at which rate?

23. A bank branch receives a counterfeit note of Rs. 100 from the customer which customer wants it back. Which action should be taken by the Bank?

24. Which institution is involved mainly in granting Housing Loans?

25. What is the expand term of FLCC?

⚡ Recently practiced quizzes in this topic
Live quiz activity
ITBS Level 14 Grade 8 Mathematics Saxon Course 3 Math Vocab 8th Grade Math FAST Vocabulary Time4learning Middle School: Math Converting Length Quiz
 
❤ If you liked Fatskills, consider supporting us by checking out The Life Manuals You Never Got.

🌈  Our mission is to help improve your scores in any subject and exam withonline quizzes, practice tests, study guides, & advice for students. Since 2018.
About | Explore | User Guide | Topics | Subjects | Doubt Solver | Career Aptitude Test | Answers | Free Tools | What Should We Know?
Privacy | Terms |
Without work one finishes nothing. - Ralph Waldo Emerson
© 2026 Fatskills.com

All trademarks, logos and brand names are the property of their respective owners. All company, product and service names used in this website are for identification purposes only. Use of these names, trademarks and brands does not imply endorsement.