Important Questions on Banking Awareness, FREE PDF & Quiz

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Published on 7 April 2026 by
Important Questions on Banking Awareness

The Banking and Financial Awareness MCQs resource is a comprehensive practice guide designed to strengthen your understanding of key banking, financial, and economic concepts. It combines concept-based learning with exam-oriented questions, making it highly useful for aspirants preparing for competitive exams like IBPS, SBI, RBI, RRB, EPFO, and SSC. With a structured approach and topic-wise coverage, this resource helps candidates build accuracy, speed, and conceptual clarity.

Important Questions on Banking Awareness, FREE PDF

The Banking and Financial Awareness MCQs FREE PDF is a complete eBook containing 400 important MCQs with detailed answers and explanations. It is compiled from expert-curated question sets and covers both static and dynamic banking awareness topics essential for exams.

The PDF includes 20+ topics such as Priority Sector Lending, NPA and asset classification, Basel norms, banking history, currency and RBI, NRI accounts, IFSC & MICR codes, payment systems like NEFT, RTGS, IMPS & UPI, types of banks, monetary policy tools, capital markets, financial instruments, taxation, GST, and compliance.

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Banking and Financial Awareness MCQs, LIVE Quiz

The Banking and Financial Awareness LIVE Quiz is designed to simulate the real exam environment and help candidates evaluate their preparation level effectively. It includes a wide range of MCQs covering all major banking and financial topics.

Important Banking Awareness Quiz Part 1 Score: 0.00

Q1. What is the loan limit for education under Priority Sector Lending for studying in India and abroad respectively?

Q2. How many sectors are covered under Priority Sector Lending (PSL)?

Q3. Which of the following is NOT covered under Priority Sector Lending?

Q4. What is the PSL target for Domestic Scheduled Commercial Banks?

Q5. What percentage of ANBC must be lent to Agriculture?

Q6. PSL target for RRBs and Small Finance Banks is:

Q7. When did RBI implement NPA guidelines?

Q8. NPA guidelines were based on which committee?

Q9. Maximum tenure of FD in India is:

Q10. Minimum tenure of FD in India is:

Q11. Which is a quantitative monetary tool?

Q12. Which is a qualitative monetary tool?

Q13. Which is a type of NPA?

Q14. Loan becomes NPA after how many days?

Q15. NPA for more than 12 months is called:

Q16. RBI first issued currency notes in:

Q17. First RBI currency denomination was:

Q18. First RBI note had whose portrait?

Q19. Highest denomination in 1938:

Q20. Paper Currency Act year:

Q21. Imperial Bank of India formed in:

Q22. Top level of cooperative banks:

Q23. PACS operate at:

Q24. Electoral bond validity:

Q25. Electoral Bonds under which Act?

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Impportant Banking Awareness Quiz Part 2 Score: 0.00

Q26. Expired electoral bond money goes to:

Q27. NEFT operates in:

Q28. NEFT batches per day:

Q29. NEFT became 24×7 in:

Q30. LABs introduced in:

Q31. Minimum capital for LAB:

Q32. LAB operates in max districts:

Q33. LAB category:

Q34. ₹1 note printed by:

Q35. PAN mandatory under section:

Q36. PAN characters:

Q37. 4th PAN character shows:

Q38. NRO stands for:

Q39. NRO repatriation limit:

Q40. NRO account is:

Q41. NRE stands for:

Q42. FCNR protects from:

Q43. NOSTRO account is:

Q44. VOSTRO account is:

Q45. IFSC characters:

Q46. 5th IFSC character:

Q47. MICR digits:

Q48. Aadhaar digits:

Q49. DEAF introduced in:

Q50. Inactive deposits transferred after:

Quiz Summary

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Final Score: 0.0

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