Current Affairs PDF

Banking Awareness Quiz – Set 203

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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. IIN Stands for _______
    A. International Identification Number
    B. Institutional Identification Number
    C. Internal Identification Number
    D. Issuer Identification Number
    E. None of these
    D. Issuer Identification Number 
    Explanation:
    IIN – Issuer Identification Number

  2. In ASBA, “A” stands for ______
    A. Address
    B. Audit
    C. Applications
    D. Applicants
    E. None of these
    C. Applications
    Explanation:
    ASBA – Applications Supported by Blocked Amount

  3. In AEPS, “E” stands for ______
    A. External
    B. Export
    C. Earned
    D. Enabled
    E. None of these
    D. Enabled
    Explanation:
    AEPS – Aadhaar Enabled Payment System.

  4. In BIS, “I” stands for _______
    A. International
    B. Internal
    C. Identification
    D. Issuer
    E. None of these
    A. International
    Explanation:
    BIS – Bank for International Settlements.

  5. In IFSC, “I” stands for _______
    A. International
    B. Indian
    C. Identification
    D. Issuer
    E. None of these
    B. Indian
    Explanation:
    IFSC – Indian Financial System Code

  6. In USSD, “U” Stands for ____
    A. Universal
    B. Unstructured
    C. Unit
    D. Uniformed
    E. All of these
    B. Unstructured 
    Explanation:
    USSD – Unstructured Supplementary Service Data

  7. In JLF, L stands for ______
    A. Liability
    B. Loan
    C. Lender
    D. Lending
    E. None of these
    D. Lending
    Explanation:
    JLF – Joint Lending Forum.

  8. In BBPS, “P” stands for _______
    A. Payments
    B. Prompt
    C. Pay
    D. Pool
    E. None of these
    A. Payments
    Explanation:
    BBPS – Bharat Bill Payment Systems.

  9. In BBPCU, “C” stands for _______
    A. Channel
    B. Central
    C. Crucial
    D. Centre
    E. None of these
    B. Central
    Explanation:
    BBPCU – Bharat Bill Payment Central Unit

  10. In BBPOU, “O” Stands for ____
    A. Original
    B. Operating
    C. Operation
    D. On
    E. None of these
    B. Operating
    Explanation:
    BBPOUs – Bharat Bill Payment Operating Units