50 Banking Awareness MCQ [PDF] – RBI Assistant Mains 2020

Banking Awareness is one topic that is common to almost all bank exams. General/Banking awareness is a part of mostly the mains phase of the exam especially bank exams. Right Now with RBI Assistant mains 2020 approaching, it becomes all the more important to familiarise yourself with the latest banking awareness. To help you do that, here we bring you 50 Banking Awareness MCQ on the latest affairs.

Let’s dig in and attempt the questions;

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Can You Answer These Banking Awareness MCQs?

Q1) The interest rates on banks’ contribution to the Rural Infrastructure Development Fund should be fixed by ________.

(a) Ministry of Finance
(b) National Bank for Agriculture and Rural Development
(c) Ministry of Rural Development
(d) Reserve Bank of India

Q2) ________is a fixed amount that is received or paid at regular intervals for a specified period.

(a) Perpetuity
(b) Annuity
(c) Premium
(d) Dividend

Q3) Insurance regulator IRDAI formed a working group to revisit norms on trade credit insurance. Where is the headquarters of IRDAI situated?

(a) Pune
(b) Mumbai
(c) Chennai
(d) Hyderabad

Q4) The Reserve Bank of India has advised SCBs to appoint Internal Ombudsman under the section 35A of ________.

(a) Banking Companies Act 1970
(b) Banking Ombudsman Act 2006
(c) Reserve Bank of India Act 1934
(d) Banking Regulation Act 1949

Attempt the questions yourself and to check the answer, download the pdf from the below link to see whether you got the answer or not. Attempt More such questions simultaneously.

That will be all from us in this blog, Banking Awareness MCQ pdf. Attempt the MCQ and boost your confidence for RBI Assistant Mains. These questions on the latest pattern will help you get a better grip on the General/banking awareness section.

Get More Banking Awareness MCQs Here – List of 250 MCQs

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