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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 – 4. None of these… Prompt corrective action(PCA)

  2. C in ICO?
    1. Cash
    2. Coin
    3. Cheque
    4. Currency

    Answer – 2. Coin…ICO – Initial Coin Offerings

  3. A in VPA?
    1. Authority
    2. Advisory
    3. Address
    4. None of these

    Answer – 3. Address , Virtual Payment Address (VPA)

  4. O in NFO?
    1. Operations
    2. Overdraft
    3. Offer
    4. None of these

    Answer – 3. Offer…..NFO – New Fund Offer

  5. B in IBP?
    1. Banking
    2. Branch
    3. Borrowing
    4. Balance

    Answer – 2. Branch…. IBP – Inter-Branch Payment

  6. LEI ?
    1. Index
    2. Identifier
    3. Income
    4. Interest

    Answer – 2. Identifier… LEI – Legal Entity Identifier

  7. F in FEMA?
    1. Foreign
    2. Financial
    3. Fiscal
    4. None of these

    Answer – 1. Foreign , FEMA – Foreign Exchange Management Act

  8. I in PPI?
    1.Instrument
    2.Investment
    3.Income
    4.None of these

    Answer – 1.Instrument , PPI – Prepaid Payment Instruments

  9. P in DWP?
    1. Payment
    2. Price
    3. Pension
    4. Programme

    Answer – 3. Pension , DWP – Department for Work and Pensions

  10. P in PCR ?
    1.Prompt
    2.Public
    3.Post
    4.Primary

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