Digital Banking Quiz 5
Practice quiz on Digital Banking (Banking Awareness). 5 real exam questions.
About This Quiz
Digital Banking Quiz 5 — 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 committee recommended the creation of GST in India?
- A.Kelkar Committee
- B.Vijay Kelkar Task Force
- C.Jha Committee
- D.Narasimham Committee-I
Show answer
Answer: B. Vijay Kelkar Task Force
The Vijay Kelkar Task Force recommended introduction of GST.
Q2.Which bank is known as the 'Banker to the Government'?
- A.State Bank of India
- B.Reserve Bank of India
- C.Bank of Baroda
- D.Punjab National Bank
Show answer
Answer: B. Reserve Bank of India
The Reserve Bank of India manages government accounts and public debt.
Q3.The headquarters of Asian Development Bank (ADB) is located in:
- A.New Delhi
- B.Shanghai
- C.Tokyo
- D.Manila
Show answer
Answer: D. Manila
ADB is headquartered in Manila, Philippines.
Q4.SIDBI primarily refinances loans for which segment?
- A.Large industries
- B.Micro and small enterprises
- C.Banks
- D.Agriculture
Show answer
Answer: B. Micro and small enterprises
SIDBI focuses on financing and refinancing for the MSME sector.
Q5.Which scheme allows accidental insurance of ₹2 lakh at an annual premium of ₹20?
- A.PMJJBY
- B.PMSBY
- C.PMFBY
- D.PMMY
Show answer
Answer: B. PMSBY
Pradhan Mantri Suraksha Bima Yojana offers ₹2 lakh accident cover at ₹20 premium.
Frequently Asked Questions
Is Digital Banking Quiz 5 free to attempt on AajExam?
Yes. Digital Banking Quiz 5 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 5?
Digital Banking Quiz 5 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 5 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 5 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.