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Quiz on Financial Awareness

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Question 1

What are Prepaid Payment Instruments (PPIs)?
1). methods that facilitate purchase of goods and services
2). prepaid instruments can be issued as online wallets, mobile accounts & mobile wallets
3). prepaid instruments make discount on online purchase.

Question 2

Which bank has launched a transformation program called ‘Project Ananya’?

Question 3

Which bank boosted the capacity of its digital backbone by creating ‘middleware’ software?

Question 4

Which commodity can be called as Giffen Commodity?

Question 5

What are the objectives of SIDBI?
1). It is an independent financial institution
2). Development of micro, small and medium scale enterprises
3). To provide bank services to disabled persons

Question 6

Who is Chairman of Finance Commission of India?

Question 7

The Repo rate, the rate at which banks borrow from RBI, unchanged at _________ on Dec 2016.

Question 8

Which of the following acts is enacted to facilitate recovery of bad loans via the Banks?

Question 9

How much money NABARD disburse to district cooperative banks for crop loans?

Question 10

In India, Foreign Exchange are kept in the custody of which among the following?
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Dec 30PO, Clerk, SO, Insurance