Important Banking Awareness Quizzes (Topic Wise)

1). Which year in India Priority Sector was first properly defined?

1. 1971
2. 1972
3. 1973
4. 1974
5. 1975

2). __________ are certificates issued by banks that have overreached their priority sector lending targets.

1. Commercial Papers
2. Certificate of Deposits
3. Treasury Bills
4. Priority Sector Lending Certificates
5. All the above

3). Who monitors Priority Sector Lending (PSL) in commercial banks?

1. Reserve Bank of India (RBI)
2. Securities and Exchange Board of India (SEBI)
3. Small Industries Development Bank of India (SIDBI)
4. National Bank for Agriculture and Rural Development (NABARD)
5. Government of India (GOI)

4). What does C stands for in ANBC?

1. Corporation
2. Council
3. Credit
4. Control
5. Communication

5). Which of the following category does not comes under priority sector?

1. Micro, Small and Medium Enterprises
2. Export Credit
3. Social Infrastructure
4. Renewable Energy
5. All the above

6). What Percentage of branches of a particular bank has to be opened in rural areas as mandated by RBI?

1. 15%
2. 20%
3. 25%
4. 30%
5. 49%

7). What Percentage of loans by a particular bank has to be provided to Priority Sector as mandated by RBI?

1. 20%
2. 25%
3. 30%
4. 35%
5. 40%

8). The Priority Sector Lending Certificates (PSLCs) can be traded using the RBI’s ——–

1. Sachet
2. E – Sachet portal
3. E – Kuber portal
4. NPCI
5. None of these

9). How many types of PSLCs can be issued by the Banks?

1. 2
2. 3
3. 4
4. 5
5. 6

10). Which among the following is/are seller(s) & buyer(s) of PSLCs?

1. Scheduled Commercial Banks (SCBs)
2. Regional Rural Banks (RRBs)
3. Local Area Banks (LABs)
4. Small Finance Banks
5. All of the above

11). The price of PSLCs will be determined on the basis of ————————

1. Performance
2. Demand
3. Supply
4. Both b and c
5. All a, b and c

12). How many sub-categories are classified under Agriculture sector?

1. 2
2. 3
3. 4
4. 5
5. 6

13). How much percentage of the net credits of small finance banks should be in priority sector lending?

1. 25%
2. 40%
3. 49%
4. 51%
5. 75%

14). What Percentage of loans one particular bank need to provide an Agriculture sector under Priority Sector as mandated by RBI?

15). What Percentage of loans one particular bank need to provide a Micro Enterprises sector under Priority Sector as mandated by RBI?

1. 5%
2. 7.5%
3. 10%
4. 14%
5. 20%