Banking Awareness Quiz for Bank Exams 2020

Banking Awareness is an important topic for the SBI PO, SBI Clerk, RBI, IBPS PO / Clerk / RRB / SO, and all other Banking and competitive examinations. Usually, it is included in the general awareness part which is asked for the Phase 2-Mains examination, except for the Specialist Officer post. In this article, the aspirants can prepare and practice a mini-online Banking Awareness Quiz for all the Banking exams 2020.

Prepare for all upcoming Banking Examination-Practice more mock tests.

How to prepare current affairs for Banking Exams 2020?

General Awareness: Topics to be Covered

The General Awareness part of most banking exams includes:

• Banking Awareness
• Financial Institutions
• Economic Growth
• Current Affairs and Static GK
• History, Geography, etc.

Topics under Banking Awareness are:

• Financial inclusions
• Finance and Insurance
• Financial news
• NBFC
• SEBI, IRDAI
• Banking Abbreviations
• The Banking Regulation Act 1949
• RBI
• Functions of RBI Policy Rates
• Types of Accounts
• Negotiable Instruments Act 1881
• Money market instruments
• Priority sector lending
• Money market instruments
• Banking Ombudsman scheme 2006

IBPS Vacancies for RRB, Clerk, and PO-Know in Depth.

Some of the books that students can refer to the Banking Awareness preparation are:

• Arihant Publications’ Banking Awareness
• Banking Awareness for SBI/IBPS/ Bank Clerk PO/SO/RRB and RBI exams- Disha Experts
• Banking Awareness (Banking Aptitude Test) (Bank PO/Officer’s Exam)- Ramesh Publishing House

Get instant notes on Weekly Current Affairs for all Banking Exams.

Practice Quantitive Aptitude Quiz for SBI PO/Clerk 2020.

Banking Awareness Quiz for Bank Exams 2020

1. Which of the following became the first foreign bank to start operations at the International Financial Services(IFSC) in Gujarat’s Gift City?

A)City Bank

B) standard Chartered Bank

C) Deutsche Bank

D) Barclays Bank

E) Bank of America

2. S.N. Rajeshwari is appointed as the new Chairman and Managing Director of which insurance company

A) Reliance Nippon Life Insurance Company

B) Oriental Insurance Company

C) Max Life Insurance Co.Ltd

D) Bajaj Allianz Life Insurance Co.Ltd

E) None of the above

3. Senior management of which bank has voluntarily offered to take a pay cut off of 10% due to Coronavirus pandemic?

A) IDBI bank

B) IDFC First bank

C) Federal bank

D) IndusInd bank

E) HDFC bank

4. Which of the following has partnered with Mastercard to build customized solutions for payments recently?

A) Fino Payment Banks

B) Airtel Payment Banks

C) Jio Payment Banks

D) Paytm Payment Banks

E) None of these

5. To which state, the National Bank for Agriculture and Rural Development(NABARD) has sanctioned credit support of Rs. 1050 crore recently?

A) West Bengal

B) Maharashtra

C) Rajasthan

D) Punjab

E) Kerala

Static Gk Portions:

• State-wise static GK Quiz- Maharashtra, Sikkim, Gujarat, and Odisha
• List of GI Tags in India

6. Who has been appointed as the director(Finance) of REC Limited with effect from June 1, 2020?

A) Ajeet Kumar Agarwal

B) Ajoy Choudary

C) Sanjeev Kumar Gupta

D) V.K. Singh

E) None of these

7. To what percentage the State Bank of India has reduced the savings deposit interest rate by 5 basis point?

A) 3.25

B) 3

C) 2.8

D) 2.7

E) 2.5

8. Which of the following has reduced the Punjab National Bank by 40 basis points on 1st June 2020?

A) Repo rate

B) Marginal cost of funds based lending rate(MCLR)

C) Reverse Repo

D) Repo-linked rate RLLR

E) None of these

9. Which small finance bank has launched Selfe Fixed Deposits (FD) and Selfe savings accounts to expand its digital banking services?

A) AU Small Finance Bank

B) Janalakshmi Small Finance Bank

C) Ujjivan Small Finance Bank

D) Utkarsh Small Finance Bank

E) Equitas Small Finance Bank

10. Which insurance provider launched the standard health insurance policy-“Aarogya Sanjeevani Health Insurance Policy”?

A) SBI General Insurance Policy

B) Aditya Birla General Insurance Policy

C) HDFC Ergo General Insurance Policy

D) Bajaj Allianz General Insurance Policy

E) Bharati AXA General Insurance Policy

Test your Vocabulary-Hindu editorial-based!

Click here to check your answers to the Banking Awareness Quiz.

Practice more Banking Awareness Quiz to ensure your rank in the upcoming banking examination. Entri is the best online platform to start your preparations. All you need to do is download Entri freely and subscribe to the Banking and Insurance course. It is very easy to access the course contents and practice the mock tests and daily general awareness boosters along with Banking Awareness.

• Download the Entri App for free from the Google play store.
• Install the App.
• Select Exam Category-Banking and Insurance.
• Avail the contents like- Daily Current Affairs notes, subject-wise notes, online previous year question papers, and full-length tests.
• Also, practice the latest pattern mock tests.

Click here to download Entri App.

Entri wishes all the very best for your preparations for the Banking exams 2020!