Home > Business Skills > 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. Almost all banks in our country have introduced which facility for granting crop loans to farmers?

2. What does the lowering of Bank Rate by the Reserve Bank of India leads to

3. Which agency/organization in India maintains the Micro. Finance Development and Equity Fund ?

4. What is meant by financial inclusion?

5. Which asset can be mortgaged?

6. Which loan constitutes the largest percentage of Retail loans in India?

7. When a banker talks about CDR what is he talking about?

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

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

10. The letter -˜F-™ denotes which word in the term IFRS?

11. Banks in our country normally publicise that additional interest rate is allowed on retail domestic term deposits of which citizens?

12. The Govt. of India has acquired RBI-™s stake in one of the major banks of India. Which that bank?

13. What is the mean of NEFT?

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

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

16. 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?

17. Many a time we read a term -˜PPP-™ in financial dailies/magazines. What is the full form of the same as used in financial world?

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

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

20. In our country till when a cheque remains valid for payment for from the date of issue?

21. Many times we read about SHGs in financial newspapers. What is the full form of the term?

22. Which accounts are allowed to be operated by cheques?

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

24. Lending to Micro Finance Institutions by Bank considered as finance to which sector?

25. Which will setup sore banking infrastructure for rural banks?

⚡ Recently practiced quizzes in this topic
Live quiz activity
FBLA Business Calculations DSST Introduction to Business Exam Practice Test 1 Financial Statements Small Business Management FBLA Insurance and Risk Management Logistics Vocab Business Foundations Review Business Analyst DSST Introduction to Business Exam Practice Test 3 DSST Introduction to Business Exam Practice Test 2
 
❤ 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.