Financial Inclusion Quiz 8
Practice quiz on Financial Inclusion (Banking Awareness). 5 real exam questions.
About This Quiz
Financial Inclusion Quiz 8 — 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 does the term 'NPA' stand for?
- A.Non Performing Asset
- B.Non Productive Asset
- C.New Productive Area
- D.Net Profit Analysis
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Answer: A. Non Performing Asset
NPA refers to Non Performing Asset, i.e., a loan overdue for more than 90 days.
Q2.Which payment system is used for large-value, real-time gross settlement?
- A.IMPS
- B.RTGS
- C.NEFT
- D.UPI
Show answer
Answer: B. RTGS
RTGS settles large-value transactions (₹2 lakh and above) in real time.
Q3.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
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Answer: B. Capital to Risk-weighted Assets Ratio
CRAR stands for Capital to Risk-weighted Assets Ratio under Basel norms.
Q4.Which institution releases the 'Financial Stability Report' in India?
- A.Ministry of Finance
- B.Reserve Bank of India
- C.NITI Aayog
- D.SEBI
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Answer: B. Reserve Bank of India
The Reserve Bank of India publishes the Financial Stability Report twice a year.
Q5.What is the minimum capital requirement for Small Finance Banks?
- A.₹50 crore
- B.₹100 crore
- C.₹200 crore
- D.₹500 crore
Show answer
Answer: B. ₹100 crore
SFBs must maintain ₹100 crore of paid-up capital.
Frequently Asked Questions
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Financial Inclusion Quiz 8 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 Financial Inclusion Quiz 8 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 Financial Inclusion Quiz 8 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?
Financial Inclusion 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.