Banking Awareness Quiz -Set 002
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Banking Awareness Quiz : We have created many quizzes on Banking Awareness and this set is one of them. These questions are most important for banking and insurance exams. The question asked in the Banking Awareness section are based both on static banking and that to current banking in news. These Banking Awareness sets will guide you in all banking exams like IBPS Clerk, IBPS PO, SBI Clerk, SBI PO, RRB Clerk and PO and other exams. So attempt all the sets now.
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- Question 1 of 10
1. Question1 points
What is the full form of FATF?
Explanation: The Financial Action Task Force (FATF) is the global money laundering and terrorist financing watchdog.
- Question 2 of 10
2. Question1 points
Primary (urban) co-operative banks (UCBs) with assets of _________ and above are covered under the CRILC reporting framework.CorrectIncorrect
- Question 3 of 10
3. Question1 points
In which year was the Indo-Nepal Remittance Scheme introduced by RBI?
Explanation: In May 2008Incorrect
Explanation: In May 2008
- Question 4 of 10
4. Question1 points
Which of the following detail of recipient is NOT mandatory in NEFT Transactions?Correct
Explanation: SWIFT code is not in India for internal transactions as of now.Incorrect
Explanation: SWIFT code is not in India for internal transactions as of now.
- Question 5 of 10
5. Question1 points
Where is the headquarters of Institute for Development and Research in Banking Technology (IDBRT) located?
- Question 6 of 10
6. Question1 points
Which of the following card type cannot be used for cash withdrawal at PoS terminals?
Explanation: credit cards cannot be used under this facility.Incorrect
Explanation: credit cards cannot be used under this facility.
- Question 7 of 10
7. Question1 points
What is the limit on the amount of cash that can be withdrawn at PoS terminals in Tier III to VI centres. (per card)?
Explanation: ₹2,000/- per day per card in Tier III to VI centres.Incorrect
Explanation: ₹2,000/- per day per card in Tier III to VI centres.
- Question 8 of 10
8. Question1 points
What is the limit on the amount of cash that can be withdrawn at PoS terminals in Tier I to II centres. (per card)?
Explanation: At Tier I and II centres, the withdrawal limit is ₹1,000/- per day per card.Incorrect
Explanation: At Tier I and II centres, the withdrawal limit is ₹1,000/- per day per card.
- Question 9 of 10
9. Question1 points
What is the maximum charge that can be levied on withdrawing cash at PoS terminals?
Explanation: Charges, if any, levied on cash withdrawals shall not exceed 1% of the transaction amount.Incorrect
Explanation: Charges, if any, levied on cash withdrawals shall not exceed 1% of the transaction amount.
- Question 10 of 10
10. Question1 points
Banks can take the permission to provide cash withdrawal facility at PoS terminals from?