Banking Quiz for IBPS | SBI – 315

Banking Quiz for IBPS | SBI – 315

Banking Quiz for IBPS | SBI – 315. Banking Awareness quiz for SBI Clerk, SBI PO, RBI, IBPS PO/Clerk/RRB/SO & other Banking & competitive exams. Stay connect with DaytodayGK for latest Current Affairs more updates.

Banking Quiz for IBPS | SBI – 315

1. The term of National Bank For Agriculture And Rural Development(NABARD) chairman is
a) 2 years
b) 3 years
c) 6 years
d) 1 years

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Answer b) 3 years

2. What is the minimum transaction value under Real Time Gross Settlement(RTGS)?
a) 1 lakh
b) 2 lakh
c) 4 lakh
d) 5 lakh

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Answer b) 2 lakh

3. What is the minimum transaction value under National Electronic Funds Transfer(NEFT)?
a) 10 lakh
b) 2 lakh
c) 3 lakh
d) No minimum value

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Answer d) No minimun value.

4. What is ‘T’ stand for in the MTSS which is a term in the banking sector?
a) Term
b) Transaction
c) Terminal
d) Transfer

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Answer d) Transfer

5. What is ‘I’ stand for in the IPO which is a term often seen in the banking sector news
a) Investment
b) Indian
c) Initial
d) Index

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Answer c) Initial

6. CTS-2010 (often seen in news) is related to which of the following banking instrument?
a) Debi cards
b) Credit Cards
c) Cheques
d) Personal Loan

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Answer c) Cheques

7. Universal Account Number(UAN) of Employees’ Provident Fund is a
a) 12 digit number
b) 14 digit number
c) 18 digit number
d) 16 digit number

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Answer a) 12 digit number

8. What is the tagline of SBI Bank?
a) Pure Banking, Nothing Else
b) Where India banks
c) The name you can bank upon
d) India’s International Bank

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Answer a) Pure Banking, Nothing Else

9. First bank in India is______________.
a) Bank of Hindustan
b) Indian Bank
c) Bharath Bank
d) None of these

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Answer a) Bank of Hindustan

10. The first bank of India was the “Bank of Hindustan”, established in which year?
a) 1670
b) 1770
c) 1870
d) 1970

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Answer b) 1770.