Quiz 81 : Economical Current Awareness for Banking Examinations

1. The OLTAS system is related to which among the following?
[A] Reserve Bank of India
[B] Department of Telecommunication
[C] Income Tax Department
[D] Ministry of Corporate Affairs

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2. Which among the following state of India is best known for Saffron Cultivation?
[A] Sikkim
[B] Assam
[C] Jammu & Kashmir
[D] Meghalaya

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3. Consider the following:

  1. Growth rate of the economy
  2. Replacement demand
  3. Reserve stock requirements
  4. Budget Allocations to various department

Which among the above are used by RBI to estimate the demand for banknotes?

[A] 1 & 2
[B] 1, 2 & 3
[C] 2 & 3
[D] 1, 2 & 4

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4. With reference to RBI, many a times we read in newspapers about “currency chests”. Which of the following is / are functions of Currency Chests?

  1. Currency Printing
  2. Exchange of soiled currency notes
  3. Currency Distribution

Select the correct option from the codes given below:

[A] only 1
[B] 1 & 2
[C] 2 & 3
[D] Only 3

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5. Consider the following statements about a Non-Banking Financial Company (NBFC):

  1. An NBFC cannot accept demand deposits;
  2. An NBFC is not a part of the payment and settlement system
  3. An NBFC cannot issue cheques drawn on itself
  4. Deposit insurance facility of Deposit Insurance and Credit Guarantee Corporation is not available for NBFC depositors

Which among the above is/ are correct statements?

[A] 1
[B] 1,2
[C] 1,2,3
[D] 1,2,3,4

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6. Which among the following country tops in FDI in India?
[A] United states
[C] Mauritius
[D] Australia

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Irrelevant Questions were removed from this quiz in last update


  • Anonymous

    Admirable Collection of questions……

  • Vincent Vijay Raj

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  • manishyadav73

    A tonnes of tanx 4 such questions. Please provide answers while downloading article as Pdf.

  • manishyadav73

    A tonnes of tanx 4 such questions. Please provide answers while downloading article as Pdf.


    Agricultural information excellent .

  • sabarmathi

    Dear admin,
    Isnt the answer for first ques is JAMMU&KAHMIR????????pls kindly clarify sir..

  • zalak

    very good site for the studies for bank exam

  • pooja sharma

    i wanted to make sure that answer for ques 4 is correct?? bcoz when v visit rbi’s website, there highest denomination given is of 1000. so pls confirm me this answr. plzz

    • faizan

      yes miss the ans. is right at the site of RBI they will tell u about the present or excesting denomination but the ques. is about the approved domination which is 10000.

  • faizan ahmed

    its awsome dude keep it up plz…