Banking Awareness Quiz: Abbreviations – 2

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Welcome to Banking Awareness Quiz in AffairsCloud.com. Here we have collected and provided recent current banking abbreviation quiz which are common for all the bank exams and other competitive exams.Click here to read more abbreviations

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1. P in PCA?
   1. Price
   2. Payment
   3. Public
   4. None of these
   Answer

   Answer – 4. None of these… Prompt corrective action(PCA)
   
   
   
2. C in ICO?
   1. Cash
   2. Coin
   3. Cheque
   4. Currency
   Answer

   Answer – 2. Coin…ICO – Initial Coin Offerings
   
   
   
3. A in VPA?
   1. Authority
   2. Advisory
   3. Address
   4. None of these
   Answer

   Answer – 3. Address , Virtual Payment Address (VPA)
   
   
   
4. O in NFO?
   1. Operations
   2. Overdraft
   3. Offer
   4. None of these
   Answer

   Answer – 3. Offer…..NFO – New Fund Offer
   
   
   
5. B in IBP?
   1. Banking
   2. Branch
   3. Borrowing
   4. Balance
   Answer

   Answer – 2. Branch…. IBP – Inter-Branch Payment
   
   
   
6. LEI ?
   1. Index
   2. Identifier
   3. Income
   4. Interest
   Answer

   Answer – 2. Identifier… LEI – Legal Entity Identifier
   
   
   
7. F in FEMA?
   1. Foreign
   2. Financial
   3. Fiscal
   4. None of these
   Answer

   Answer – 1. Foreign , FEMA – Foreign Exchange Management Act
   
   
   
8. I in PPI?
   1.Instrument
   2.Investment
   3.Income
   4.None of these
   Answer

   Answer – 1.Instrument , PPI – Prepaid Payment Instruments
   
   
   
9. P in DWP?
   1. Payment
   2. Price
   3. Pension
   4. Programme
   Answer

   Answer – 3. Pension , DWP – Department for Work and Pensions
   
   
   
10. P in PCR ?
    1.Prompt
    2.Public
    3.Post
    4.Primary
    Answer

    Answer – 2.Public.. PCR – Public Credit Registry