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BANKING AWARENESS QUIZ

man and woman talking near the wall

Certainly! Here are 10 multiple-choice questions (MCQs) related to banking awareness along with their answers:

  1. Question: What is the position of India’s GDP in 2024?
    • Options: a) First b) Second c) Third d) Fifth
  2. Question: Which category of transaction has crossed the 2 billion mark in the month of October?
    • Options: a) NEFT b) RTGS c) UPI d) IMPS
  3. Question: Which public sector bank has the largest number of branches in foreign countries?
    • Options: a) State Bank of India (SBI) b) Punjab National Bank (PNB) c) Bank of Baroda (BoB) d) Canara Bank
  4. Question: Which bank is the first to introduce ATM in India?
    • Options: a) ICICI Bank b) HDFC Bank c) HSBC d) Axis Bank
  5. Question: India signed a USD 500 Million agreement with which institution for the ‘Delhi-Ghaziabad-Meerut Regional Rapid Transit System Project’?
    • Options: a) World Bank b) Asian Development Bank (ADB) c) New Development Bank (NDB) d) International Monetary Fund (IMF)
  6. Question: Which of the following banks was inaugurated by Mahatma Gandhi in 1919?
    • Options: a) Bank of India b) Union Bank of India c) Canara Bank d) Central Bank of India
  7. Question: In which year did India adopt liberal and free-market principles?
    • Options: a) 1980 b) 1991 c) 2000 d) 2010
  8. Question: Who chairs the meeting of the Financial Stability and Development Council (FSDC)?
    • Options: a) Prime Minister b) Finance Minister c) Reserve Bank of India (RBI) Governor d) Securities and Exchange Board of India (SEBI) Chairman
  9. Question: What are teaser loan rates charged by banks?
    • Options: a) Fixed interest rates b) High rate of interest throughout the loan tenure c) Low rate of interest in the initial period which goes up subsequently d) Variable interest rates
  10. Question: Which sector is the second largest source of employment in India?
    • Options: a) Information Technology (IT) b) Agriculture c) Textile d) Healthcare

Feel free to use these questions for your banking awareness preparation! 🌟

ANSWERS:
1) d 2) c 3) c 4) c 5) c 6) b 7) b 8) b 9) c 10) c

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