Digital Banking Quiz 4
Practice quiz on Digital Banking (Banking Awareness). 5 real exam questions.
About This Quiz
Digital Banking Quiz 4 — 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.What is the current upper limit for UPI Lite wallet balance as per guidelines?
- A.₹500
- B.₹1000
- C.₹2000
- D.₹4000
Show answer
Answer: C. ₹2000
UPI Lite allows up to ₹2000 balance in the on-device wallet.
Q2.Which institution releases the 'Financial Stability Report' in India?
- A.Ministry of Finance
- B.Reserve Bank of India
- C.NITI Aayog
- D.SEBI
Show answer
Answer: B. Reserve Bank of India
The Reserve Bank of India publishes the Financial Stability Report twice a year.
Q3.What is the maximum deposit limit under PM Jan Dhan Yojana for a savings account?
- A.₹1 lakh
- B.₹2 lakh
- C.₹50,000
- D.₹1.5 lakh
Show answer
Answer: B. ₹2 lakh
The revised JDY deposit limit is ₹2 lakh.
Q4.Which organization issues Kisan Credit Card (KCC) guidelines?
- A.IRDAI
- B.RBI
- C.NABARD
- D.Ministry of Agriculture
Show answer
Answer: C. NABARD
NABARD frames KCC norms for lending institutions.
Q5.What is the current overseas investment limit for Indian mutual funds?
- A.$5 billion
- B.$7 billion
- C.$10 billion
- D.$2 billion
Show answer
Answer: B. $7 billion
SEBI allows mutual funds to invest up to $7 billion overseas.
Frequently Asked Questions
Is Digital Banking Quiz 4 free to attempt on AajExam?
Yes. Digital Banking Quiz 4 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 4?
Digital Banking Quiz 4 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 4 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 4 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.