Important Banking Awareness Quizzes (Topic Wise) Day-211

Dear Readers, Here we have provided the Important Banking Awareness Quizzes based on particular topic, which will help to understand and prepare in a better way. Candidates those who are preparing for upcoming SBI Exams 2018 can make use of it.

Click “Start Quiz” to attend these Questions and view Solutions

Click here to view Banking Awareness Quizzes in Hindi

1. What is P in PCA?

a) Public

b) Price

c) Payment

d) Prompt

e) None of these

2. What is I in LEI?

a) Income

b) Interest

c) Index

d) Intimate

e) Identifier

3. What is P in PCR?

a) Public

b) Post

c) Prompt

d) Primary

e) None of these

4. What is F in FEMA?

a) Financial

b) Foreign

c) Fiscal

d) Fast

e) First

5. What is B in IBP?

a) Balance

b) Borrowing

c) Branch

d) Banking

e) Bond

6. What is O in NFO?

a) Offer

b) Overdraft

c) Overdue

d) Operations

e) Other

7. What is A in VPA?

a) Authority

b) Address

c) Advisory

d) Additional

e) None of these

8. What is C in ICO?

a) Currency

b) Cash

c) Coin

d) Cheque

e) Check

9. What is S in SCC?

a) Structured

b) Selective

c) Secure

d) Systematic

e) Source

10. What is R in BSR?

a) Returns

b) Risk

c) Rate

d) Refund

e) Reliable

11. What is I in CPI?

a) Income

b) Investment

c) Index

d) Interest

e) Information

12. What is F in NFS?

a) Fund

b) Foreign

c) Fixed

d) Financial

e) First

13. What is C in CMIS?

a) Capital

b) Credit

c) Currency

d) Cheque

e) Cost

14. What is S in GST?

a) Services

b) Sales

c) Sources

d) Systems

e) None of these

15. What is S in STT?

a) Sales

b) Securities

c) Services

d) Sources

e) Summation

Answers:

1. Correct Answer is: d)

PCA – Prompt Corrective Action

2. Correct Answer is: e)

LEI – Legal Entity Identifier

3. Correct Answer is: a)

PCR– Public Credit Registry

4. Correct Answer is: b)

FEMA – Foreign Exchange Management Act

5. Correct Answer is: c)

IBP – Inter-Branch Payment

6. Correct Answer is: a)

NFO – New Fund Offer

7. Correct Answer is: b)

VPA – Virtual Payment Address

8. Correct Answer is: c)

ICO – Initial Coin Offerings

9. Correct Answer is: b)

SCC – Selective Credit Control

10. Correct Answer is: a)

BSR – Basic Statistical Returns

11. Correct Answer is: c)

CPI – Consumer Price Index

12. Correct Answer is: d)

NFS – National Financial Switch

13. Correct Answer is: c)

CMIS – Currency Management Information System

14. Correct Answer is: a)

GST – Goods and Services Tax

15. Correct Answer is: b)

STT- Securities Transaction Tax

Daily Practice Test Schedule | Good Luck

Click Here for Banking Awareness Quiz

Click Here for Banking Awareness Notes

A2Z Banking Awareness Ebook