Easy Free Mock Tests Banking Mock Test

Banking Mock Test

Test your knowledge of banking, RBI, aptitude and other areas commonly included in bank examinations.

20 Questions

30 min Duration

40% To pass

1.00 Marks / correct

Instructions

This quiz has 20 questions.
You have 30 minutes. The quiz submits automatically when time runs out.
You need 40% to pass.
There is no negative marking.
You can mark questions for review and return to them before submitting.
Correct answers and explanations are shown after you submit.

Sample Questions & Answers

A preview of 12 questions from this quiz, each with the correct answer and a written explanation. Attempt the full, timed quiz to be scored and earn XP.

Question 1
Which institution is India's central bank?
- NABARD
- Reserve Bank of India Correct answer
- SEBI
- State Bank of India
Explanation: The correct answer is Reserve Bank of India. This is a standard concept or fact relevant to the banking mock test syllabus.
Question 2
What does RBI stand for?
- Reserve Bank of India Correct answer
- Reserve Banking Institution
- Rural Bank of India
- Regional Bank of India
Explanation: The correct answer is Reserve Bank of India. This is a standard concept or fact relevant to the banking mock test syllabus.
Question 3
Which rate is the rate at which RBI lends short-term funds to commercial banks against securities?
- Repo rate Correct answer
- CRR
- Bank rate
- Reverse repo rate
Explanation: The correct answer is Repo rate. This is a standard concept or fact relevant to the banking mock test syllabus.
Question 4
What does KYC stand for?
- Know Your Customer Correct answer
- Keep Your Cash
- Know Your Credit
- Key Your Customer
Explanation: The correct answer is Know Your Customer. This is a standard concept or fact relevant to the banking mock test syllabus.
Question 5
Which organization regulates the securities market in India?
- RBI
- SEBI Correct answer
- IRDAI
- PFRDA
Explanation: The correct answer is SEBI. This is a standard concept or fact relevant to the banking mock test syllabus.
Question 6
Which account is generally used by businesses for frequent transactions?
- Fixed deposit
- Current account Correct answer
- Recurring deposit
- Savings account
Explanation: The correct answer is Current account. This is a standard concept or fact relevant to the banking mock test syllabus.
Question 7
What is CRR?
- Current Repo Ratio
- Cash Reserve Ratio Correct answer
- Credit Reserve Rate
- Cash Repayment Rate
Explanation: The correct answer is Cash Reserve Ratio. This is a standard concept or fact relevant to the banking mock test syllabus.
Question 8
What is the full form of EMI?
- Equated Monthly Instalment Correct answer
- Equated Money Interest
- Equal Money Investment
- Estimated Monthly Income
Explanation: The correct answer is Equated Monthly Instalment. This is a standard concept or fact relevant to the banking mock test syllabus.
Question 9
Which bank is known as India's largest public sector bank by assets?
- Canara Bank
- Punjab National Bank
- State Bank of India Correct answer
- Bank of Baroda
Explanation: The correct answer is State Bank of India. This is a standard concept or fact relevant to the banking mock test syllabus.
Question 10
Which institution regulates insurance in India?
- IRDAI Correct answer
- SEBI
- RBI
- NABARD
Explanation: The correct answer is IRDAI. This is a standard concept or fact relevant to the banking mock test syllabus.
Question 11
Which organization manages monetary policy in India?
- Reserve Bank of India Correct answer
- Ministry of Finance alone
- SEBI
- NITI Aayog
Explanation: The correct answer is Reserve Bank of India. This is a standard concept or fact relevant to the banking mock test syllabus.
Question 12
What is a non-performing asset generally called in banking?
- NFA
- NPA Correct answer
- NRA
- NDA
Explanation: The correct answer is NPA. This is a standard concept or fact relevant to the banking mock test syllabus.

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Frequently Asked Questions

This quiz has 20 questions and 30 minutes.

You need at least 40% to pass this quiz.

No, there is no negative marking on this quiz.

Yes. You can attempt this quiz again at any time, though first-attempt XP bonuses apply only once.

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Medium Free