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