1000 Banking Awareness MCQs PDF Download

1000 Banking Awareness MCQs PDF Download for IBPS PO, SBI PO, RBI Grade B and Various Other Bank and Insurance Exam. Banking Awareness Capsule Download. Banking Awareness Questions and Answer pdf Download.

Banking, Economic and Financial Awareness is a very important topic that every banking aspirant must prepare for Upcoming Bank PO & Clerk Exam. As lots of Bank Exams Like SBI PO, SBI Clerk, IBPS PO & Clerk, IBPS RRB PO & RRB Assistant are already in Queue so banking Aspirants should not miss this Section during their Preparation.

Banking Awareness is not only a part of the General Awareness section but it is also important from interview's point of view where the panel will expect you to be aware of the whereabouts of facts and figures related to banking industry.


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Sample Questions From PDF

1. What are the services available under IMPS?

A. Funds Transfer and Remittances

B. Merchant Payments

C. NUUP

D. Both (A) and (B)

E. All of the Above

Answer & Explanation

E. All of the Above

Explanation: The services available under IMPS are Funds Transfer and Remittances, Merchant Payments, NUUP, QSAM

2. What is the full form of NUUP?

A. National Unified USSD Protocol

B. National Unitied USSD Platform

C. National Unitied USSD Protocol

D. National Unified USP Platform

E. National Unified USSD Platform

Answer & Explanation

E. National Unified USSD Platform

Explanation: NUUP – National Unified USSD Platform

3. Which of the following is a USSD based mobile banking service from NPCI that brings together all the Banks and Telecom Service Providers?.

A. WAP

B. QSAM

C. NUUP

D. Both (A) and (B)

E. Both (B) and (C)

Answer & Explanation

C. NUUP

Explanation: NUUP (National Unified USSD Platform) is a USSD based mobile banking service from NPCI that brings together all the Banks and Telecom Service Providers.

4. In NUUP, a customer can access banking services by just pressing ________ from his/her mobile phones.

A. *999#

B. #*99#

C. *99#

D. 1*99#

E. None of the Above

Answer & Explanation

C. *99#

Explanation: In NUUP, a customer can access banking services by just pressing *99# from his/her mobile phones. This service works across all GSM mobile handsets.

5. What is the full form of QSAM?

A. Quality Service on Aadhaar Mapper

B. Query Sending on Aadhaar Mapping

C. Query Service on Aadhaar Mapper

D. Quality Service on Aadhaar Mapping

E. Query Sending on Aadhaar Mapper

Answer & Explanation

C. Query Service on Aadhaar Mapper

Explanation: Query Service on Aadhaar Mapper

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