Dear Readers,
Banking Awareness has been an important part of various competitive exams, so we are here with a series of Banking Awareness Quiz on a daily basis on our platform. Follow the quiz daily to improve your banking awareness.
1-What is the maximum limit of contactless card transactions without PIN validation?
a) Rs. 2,000
b) Rs. 5,000
c) Rs. 10,000
d) Rs. 15,000
Answer: a
2-Which Indian bank has launched the 'Ghar Ghar Ration' program to provide doorstep delivery of ration supplies to its customers?
a) HDFC Bank
b) Axis Bank
c) ICICI Bank
d) Punjab National Bank
Answer: c
3-Who has been appointed as the new Chairman of the Securities and Exchange Board of India (SEBI)?
a) Ajay Tyagi
b) Uday Kotak
c) Ashok Chawla
d) G. Mahalingam
Answer: b
4-Which bank has launched the 'One Tap Balance Check' feature for its customers to check their account balance without logging in?
a) State Bank of India
b) HDFC Bank
c) Axis Bank
d) ICICI Bank
Answer: b
5-Which Indian state government has launched the 'Sarthak' program to provide training to rural youth for jobs in the banking and finance sector?
a) Maharashtra
b) Uttar Pradesh
c) Rajasthan
d) Bihar
Answer: d
6-Which Indian bank has partnered with Google Pay to offer instant digital loans to its customers?
a) HDFC Bank
b) Axis Bank
c) ICICI Bank
d) Kotak Mahindra Bank
Answer: d
7-What is the minimum capital requirement for Small Finance Banks in India?
a) Rs. 100 crore
b) Rs. 200 crore
c) Rs. 300 crore
d) Rs. 500 crore
Answer: b
8-Which Indian bank has launched the 'InstaFX' app to enable its customers to buy, sell and reload forex cards digitally?
a) State Bank of India
b) HDFC Bank
c) Axis Bank
d) ICICI Bank
Answer: c
9-What is the full form of NEFT in banking?
a) National Electronic Fund Transfer
b) National Economic Fund Transfer
c) National Electronic Fiscal Transfer
d) National Economic Fiscal Transfer
Answer: a
10-Which Indian bank has launched a credit card specifically designed for the LGBTQ+ community, called 'Rainbow Card'?
a) HDFC Bank
b) ICICI Bank
c) Axis Bank
d) State Bank of India
Answer: c
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MAHENDRA GURU