Organizer: The Department of Commerce, HKBK Degree College.
About the Quiz Contest
- Topic: Banking and Financial Awareness Quiz Contest. test your banking knowledge.
- Format: Online Quiz
- Free Participants.
- Open to All
- Participants: Students of the Department of Commerce
- Objective: To enhance knowledge about banks, financial systems, and current banking trends.
- Recognition: All participants will be awarded e-certificates.
- 15 MCQ Questions
- All questions are compulsory.
- Participants are requested to provide their properly registered Email ID.
- Once the form is submitted, participants will receive the e-certificate.
Apply Link
For more details contact –
Phone +91 99454 95963
Email Id – lavanya.bba@hkbk.edu.in
warm Regards,
Ms.Lavanya Naidu
Assistant Professor
100% Correct Answers Available Here
- Which monetary policy tool is used by the RBI to control inflation by increasing the cost of borrowing?
*
1 point
CRR
Repo Rate
Reverse Repo Rate
SLR - Basel III norms are primarily related to
*
1 point
Cybersecurity in banks
Capital adequacy and risk management
ATM operation standards
Foreign exchange guidelines - The main objective of Financial Inclusion in India is to
*
1 point
Promote online shopping
Provide affordable financial services to all sections of society
Reduce bank employees
Increase foreign investments - Which body regulates the stock market in India?
*
1 point
RBI
SEBI
IRDAI
NABARD - A Non-Performing Asset (NPA) is a loan where repayment is overdue for more thana
*
1 point
30 Days
90 Days
120 Days
180 Days - Payment Banks in India are allowed to
*
1 point
Provide credit / loans
Accept deposits up to a limit (₹2 lakh)
Issue credit cards
Deal in foreign exchange - “Open Banking” refers to
*
1 point
Banks operating 24×7
Sharing financial data through APIs with customer consent
Banks with no service charges
Branchless banking - In RTGS, “Real-Time” means
*
1 point
Processing happens at the end of the day
Processing happens instantly during working hours
Processing requires 24 hours
Processing happens only on weekends - Market risk, credit risk, and operational risk are part of
*
1 point
SARFAESI Act
Basel Norms
FEMA Guidelines
Insolvency Code - The Banking Ombudsman Scheme aims to
*
1 point
Issue credit cards
Resolve customer complaints against banks
Approve new bank branches
Monitor bank employees - CRR represents
*
1 point
Percentage of deposits banks must keep as cash with RBI
Reserve balance kept by banks in ATM
Customer Required Reserve
Consolidated Risk Ratio - Which of the following is a secured loan?
*
1 point
Education loan
Gold loan
Credit card loan
Personal loan - Priority Sector Lending (PSL) requires banks to lend to
*
1 point
Multinational companies
Government departments
Agriculture, MSMEs, and weaker sections
Stock market investors - The Insolvency and Bankruptcy Code (IBC), 2016 aims to
*
1 point
Promote foreign trade
Provide a fast-track process for resolving stressed assets
Monitor credit scores
Introduce new currencies - “FinTech” refers to
*
1 point
Technology used by factories
Technologies improving financial services (digital payments, lending, insurance)
Only mobile wallets
Only online shopping applications