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Banking Awareness Quiz – Set 189

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Hello Aspirants,
Welcome to Banking Awareness Quiz in AffairsCloud.com. Here we are creating quiz covering important questions which are common for all the bank exams and other competitive exams.

  1. Section 24 and Section 56 of the Banking Regulation Act, 1949 related to the maintenance of _______
    A. Repo Rate
    B. CRR
    C. MSF
    D. SLR
    E. None of these
    D. SLR
    Explanation:
    Section 24 and Section 56 of the Banking Regulation Act, 1949 related to the maintenance of SLR.

  2. B in “IBC” stands for ______
    A. Bank
    B. Bureau
    C. Bharat
    D. Bankruptcy
    E. None of these
    D. Bankruptcy
    Explanation:
    IBC – Insolvency and Bankruptcy Code.

  3. L in “JLF” stands for ______
    A. Loan
    B. Lenders
    C. Load
    D. Lending
    E. None of these
    B. Lenders
    Explanation:
    L in “JLF” stands for Lenders.

  4. S in “S4A” stands for ______
    A. Scheme
    B. Sustainable
    C. Structuring
    D. Stressed
    E. All of these
    E. All of these
    Explanation:
    “S4A” – Scheme for Sustainable Structuring of Stressed Assets.

  5. Which is the Core Banking Solution (CBS) of Reserve Bank of India?
    A. e-kuber
    B. e-cbs
    C. e-auction
    D. All of these
    E. None of these
    A. e-kuber
    Explanation:
    e-kuber is the Core Banking Solution (CBS) of Reserve Bank of India.

  6. Goods and Service Tax (GST) settlements are also proposed to be done through _______
    A. e-kuber
    B. UPI
    C. NPCI
    D. BHIM
    E. None of these
    A. e-kuber
    Explanation:
    Goods and Service Tax (GST) settlements are also proposed to be done through e-kuber.

  7. Auction of Government securities is done through _______ system
    A. e-kuber
    B. UPI
    C. NPCI
    D. BHIM
    E. None of these
    A. e-kuber
    Explanation:
    Auction of Government securities is done through e-kuber system.

  8. Technology partner for RBI for launching e-kuber is ______
    A. IBM
    B. TCS
    C. CTS
    D. Polaris
    E. All of these
    D. Polaris
    Explanation:
    Technology partner for RBI for launching e-kuber is Polaris.

  9. ______ are available for subscription at the branches of scheduled commercial banks and designated post offices through RBI’s e-kuber system.
    A. Mutual Funds
    B. Masala Bond
    C. SGBs
    D. All of these
    E. None of these
    C. SGBs
    Explanation:
    SGBs are available for subscription at the branches of scheduled commercial banks and designated post offices through RBI’s e-kuber system..

  10. Which of the following is an inter-bank application?
    A. RTGS
    B. Government Transactions
    C. Delivery Vs Payment
    D. Automatic Clearing House
    E. All of these
    E. All of these
    Explanation:
    RTGS,Government Transactions, Delivery Vs Payment and Automatic Clearing House.