Digital Banking Quiz
Practice quiz on Digital Banking (Banking Awareness). 5 real exam questions.
About This Quiz
Digital Banking Quiz — Questions with Solutions
All 5 questions from this quiz with the correct answer and explanation. Attempt them yourself first, then open each solution to check your reasoning.
Q1.Which scheme supports micro enterprises with loans up to ₹10 lakh?
- A.PMMY
- B.PMJDY
- C.PMJJBY
- D.PMGKAY
Show answer
Answer: A. PMMY
Pradhan Mantri Mudra Yojana (PMMY) supports micro enterprises with loans up to ₹10 lakh.
Q2.What is the full form of CRAR used in banking?
- A.Credit Risk Asset Ratio
- B.Capital to Risk-weighted Assets Ratio
- C.Cash Reserve and Asset Ratio
- D.Capital Rating and Assessment Ratio
Show answer
Answer: B. Capital to Risk-weighted Assets Ratio
CRAR stands for Capital to Risk-weighted Assets Ratio under Basel norms.
Q3.Which Indian bank is known as the country's largest public sector bank?
- A.Punjab National Bank
- B.Bank of Baroda
- C.State Bank of India
- D.Canara Bank
Show answer
Answer: C. State Bank of India
State Bank of India is the largest public sector bank in India.
Q4.Which body regulates NBFCs in India?
- A.RBI
- B.SEBI
- C.SIDBI
- D.IRDAI
Show answer
Answer: A. RBI
The Reserve Bank of India regulates the licensing and operations of NBFCs.
Q5.Government of India’s shareholding in public sector banks is maintained through which entity?
- A.RBI
- B.NABARD
- C.Ministry of Finance
- D.LIC
Show answer
Answer: C. Ministry of Finance
PSB ownership rests with the Department of Financial Services under the Ministry of Finance.
Frequently Asked Questions
Is Digital Banking Quiz free to attempt on AajExam?
Yes. Digital Banking Quiz is completely free. You only need a free AajExam account to track your score, view detailed solutions and unlock cross-attempt analytics.
How long does it take to complete Digital Banking Quiz?
Digital Banking Quiz runs on a 1-minute timer in real exam-style conditions. The clock starts the moment you click Start, mirroring the time pressure of the actual exam.
Are detailed solutions provided?
Yes. Every question on Digital Banking Quiz ships with a complete step-by-step solution, the underlying concept, and (where applicable) shortcut tricks. You can also discuss any question with the AajExam community.
Can I attempt Digital Banking Quiz multiple times?
Yes. You can attempt this quiz as many times as you like. Each attempt is recorded separately so you can track improvement in score, accuracy and time-management.
Which government exams does this quiz prepare me for?
Digital Banking questions appear regularly in SSC CGL, CHSL, MTS, GD; IBPS PO, Clerk; SBI PO, Clerk; RRB NTPC, Group D; UPSC prelims and most State PSC exams. The specific weightage varies by exam — check the exam pattern on the corresponding AajExam exam page for details.