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General/Financial Awareness Quiz - Competitive Exams Banking

Free practice quiz: General/Financial Awareness (Competitive Exams Banking). 110 multiple-choice questions with answers and explanations. Play online, no sign-up needed.

This Competitive Exams Banking practice quiz has 110 multiple-choice questions on General/Financial Awareness. Try the 5 sample questions below (tap an option to check yourself), then play the full quiz online. No sign-up needed.

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Sample questions

  1. In which year was the Reserve Bank of India established?

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    Answer: C. 1935

  2. Which of the following is not a part of the Indian money market?

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    Answer: A. Capital Market

  3. What is the primary objective of the 'Standing Deposit Facility' (SDF) introduced by the RBI in 2022?

    Show answer

    Answer: D. To absorb liquidity without government security collateral

  4. What is the full form of 'AIF' in the context of Indian financial markets?

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    Answer: C. Alternative Investment Fund

  5. Which of the following is the full form of 'SWIFT' in international banking?

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    Answer: D. Society for Worldwide Interbank Financial Telecommunication

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More questions in this quiz

Answers and explanations are in the full quiz.

  1. What is the full form of CRR?
  2. Which is the first bank established in India?
  3. What does IFSC stand for?
  4. Who was the first Governor of RBI?
  5. What is the currency of Japan?
  6. What is the full form of NEFT?
  7. Which organization regulates the insurance sector in India?
  8. What is the primary objective of RBI's monetary policy?
  9. What does 'Repo Rate' mean?
  10. What is the maximum amount insured per depositor per bank by DICGC?
  11. Which of the following is not a quantitative tool of monetary policy?
  12. What is the full form of SARFAESI Act?
  13. Which committee recommended the establishment of NABARD?
  14. What is 'Basel III'?
  15. What is the primary function of a Payment Bank?
  16. Which of the following is the regulator for Pension Funds in India?
  17. What is the name of the scheme launched by the Government of India for financial inclusion of unbanked areas?
  18. What is the maximum loan amount under MUDRA's 'Shishu' category?
  19. Which of the following is a tool of qualitative credit control?
  20. What is the rate at which RBI provides emergency funds to banks by allowing them to dip into SLR?
  21. What is the difference between RTGS and NEFT?
  22. What is 'Gresham's Law' in economics?
  23. What is the full form of 'SWIFT' in banking?
  24. Which of the following is the primary regulator of the Indian stock market?
  25. Which payment system allows real-time gross settlement of high-value transactions?
  26. What is the full form of 'NPA' in banking terminology?
  27. Which body is responsible for regulating the capital markets and protecting investor interests in India?
  28. What is the primary function of a 'Nostro' account in international banking?
  29. Which of the following is a non-banking financial company (NBFC) that does not accept demand deposits?
  30. Which organization insures deposits in Indian banks?
  31. What is the main objective of 'Financial Inclusion'?
  32. What is the full form of 'UPI' in Indian banking?
  33. What does 'Basel III' primarily aim to strengthen?
  34. Under which act was the Reserve Bank of India's primary regulatory framework for banking companies originally enacted?
  35. What is the minimum paid-up capital required to set up a new universal bank in India on a continuous basis as per RBI norms?
  36. Which of the following is the apex institution for agricultural and rural credit in India at the national level?
  37. Under the Priority Sector Lending norms, what is the current target for lending to the agriculture sector as a percentage of Adjusted Net Bank Credit?
  38. Which of the following institutions was set up to provide refinance to small-scale industries in India?
  39. In the context of banking, what does the term 'CASA' refer to?
  40. What is the full form of 'LAF' in the context of RBI's monetary operations?
  41. Which of the following is the rate at which RBI absorbs liquidity from the banking system under the Liquidity Adjustment Facility?
  42. Which of the following is the regulatory body for the commodity derivatives market in India?
  43. What is the full form of 'LEI' in the context of banking and financial transactions?
  44. Which of the following is the primary aim of the Insolvency and Bankruptcy Code (IBC) in India?
  45. Which type of account is a 'Nostro' account for an Indian bank?
  46. What is the full form of 'BIS' in the context of global banking regulations?
  47. Which of the following is the maximum deposit coverage per depositor per bank under the DICGC insurance scheme as of 2023?
  48. Which of the following is the nodal agency for implementing the Pradhan Mantri Jan Dhan Yojana?
  49. What is the full form of 'CBDC' in the context of central banking?
  50. Which of the following is the primary role of the Monetary Policy Committee (MPC) of India?
  51. What is the full form of 'PMLA' in the context of financial regulation in India?
  52. What is the primary objective of the 'Trade Receivables Discounting System' (TReDS) platform?
  53. Which of the following is the regulator for the Foreign Exchange Management Act (FEMA) in India?
  54. What is the full form of 'OTP' in the context of banking transactions?
  55. Which of the following is the apex institution in the Indian microfinance sector that provides wholesale funds to microfinance institutions?
  56. Which city is home to the headquarters of the Bank for International Settlements (BIS)?
  57. What is the full form of 'NPCI' in the context of Indian payment systems?
  58. Which of the following is the world's first central bank to be established?
  59. What is the full form of 'GST' in the Indian taxation system?
  60. Which of the following is the primary objective of the 'Gold Monetization Scheme' launched by the Government of India?

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