Banking Awareness Quiz 20 for IBPS PO Mains Posted on November 1, 2018 by kseducational Leave a comment Welcome to your Banking Awareness Quiz 20 1. The bank which refinance the loans given to poor and weaker sections toconstruct or buy houses is ? SIDBI NHB SBI RBI 2. Reserve Bank of India was set up on the recommendations of which of thefollowing commission/committee ? Hilton - young commission Basel Committee D R Mehta Commission None 3. The designer of Indian Rupee Sign is ? Hitendra Swami Udaya Kumar Panduranga Kumarlingam None 4. SME stands for ? Small and Medium Enterprises Selling and Marketing Establishment Sales and Marketing Entity None 5. Which among the following functions is suitable regarding the requirement of letter of credit ? Importers and exporter regularly use letters of credit to protect themselves. Working with an overseas buyer can be risky because you do not necessarily know who you're working with. Buyer may be honest and have good intentions, but business troubles or political unrest can delay payment of seller. All of The Above 6. Sellers must trust that the bank issuing the letter of credit is valid, and thatthe bank will pay as agreed. If sellers have any doubts, they can use a______letterof credit, which means that another (presumably more trustworthy) bank willguarantee payment. Confirmed Irrevocable Revocable None 7. Letter of Credit is beneficial for which party ? Seller (Exporter) Buyer (Importer) Both of The Above None 8. Most Letter of Credit often used in International Trade. Letters of Credit aregoverned by rules promulgated by the ? International Chamber of Commerce Uniform Customs and Practice for Documentary Credits Both of The Above None 9. A ____ is a document from a bank guaranteeing that a seller will receivepayment in full as long as certain delivery conditions have been met ? Agreement Letter of Credit Bill Paper None 10. P in PCA ? Price Payment Public Prompt Advertisements Banking Banking Awareness Quiz G.A Banking Awareness Quiz 19 Posted on November 1, 2018 by kseducational Leave a comment Banking Awareness Quiz for IBPS PO Mains & IBPS Clerk Welcome to your Banking Awareness Quiz 19 1. What does ‘R’ stands in “SDR”, supplementary foreign-exchange reserve assets defined and maintained by the International Monetary Fund ? Ratio Rights Receipt Risk 2. Which of the following banks in India has the tagline 'The name you can bank upon'? Punjab National Bank Corporation Bank Dena Bank Central Bank of India 3. Where is the head office of India Post Payments Bank located ? Mumbai New Delhi Kolkata Chennai 4. Commercial Banks, conducting the business of banking in India should have a paid-up capital and reserves of an aggregate real and exchangeable value of not less than ____. Rs 50 lakh Rs 10 lakh Rs 5 lakh Rs 1 crore 5. In Economics, the business of buying trade debts at a discount and making a profit when debt is realized and also taking over a collection of trade debts at agreed prices is termed _____? Forfeiting Exfoliation Factoring Hypothecation 6. Bharatiya Reserve Bank Note Mudran Private Limited (BRBNMPL) was established by Reserve Bank of India (RBI) as its wholly owned subsidiary on 3rd February 1995. BRBNMPL manages 2 Presses one at Mysore and the other in ____. Bengaluru Madurai Salboni Durgapur 7. ‘RTP’ is that portion of the required quota of currency which each International Monetary Fund (IMF) member country must provide to the IMF to be utilized for its own purposes without a service fee. What does ‘RTP’ stand for ? Reserve Tranche Position Reserve Term Position Reserve Term Portion Real Time Position 8. The Reserve bank of India (RBI) has cancelled the licence of Bhilwara Mahila Urban Co-operative Bank. It is based in which states ? Bihar Haryana Rajasthan Punjab 9. Under Basel, ________ is designed to ensure that banks build up capital buffers during normal times which can be drawn down as losses are incurred during a stressed period. ? Leverage Ratio Capital Conservation Buffer Counter Cycle Buffer All of the above 10. VAR is a single number (currency amount) which estimates the maximum expected loss of a portfolio over a given time horizon (the holding period) and at a given confidence level. What does ‘VAR’ stand for? Value at Return Variable at Rate Value at Risk Variable at Risk Banking Banking Awareness Quiz G.A Banking Awareness Quiz 18 Posted on November 1, 2018 by kseducational Leave a comment Banking Awareness Quiz for IBPS PO Mains & IBPS Clerk Welcome to your Banking Awareness Quiz 18 1. Which term is known as a fixed deposit receipt that is kept with the bank for its safety ? Safe deposit Valid Safe deposit Safe custody Locker 2. Currency notes those are deposited in the currency chest are the property of which of the following ? SBI Respective Bank RBI World Bank 3. Which of the following banks has the largest number of branches in foreign countries ? Bank of India Vijaya Bank Corporation Bank Bank of Baroda 4. ABM stands for which of the following ? Automatic Balance Machine Automated Balance Machine Auto-generated Banking Machine Automated Banking Machine 5. Which of the following is the primary regulator of banking business ? State Government RBI Central Government Parliament 6. Which of the following exchanges have got approval from the Securities and Exchange Board of India (SEBI) to launch trading in commodity derivatives segment ? CSE & NSE BSE & CSE NSE & BSE MCX & CSE 7. Which of the following statement is incorrect about NBFC ? NBFC cannot accept demand deposits NBFCs do not form part of the payment and settlement system and cannot issue cheques drawn on itself Deposit insurance facility of Deposit Insurance and Credit Guarantee Corporation is not available to depositors of NBFCs, unlike in case of banks. None of the above 8. What is the extended date for BASEL III Norms which was earlier 31st March 2018? ? 31st March, 2022 31st March, 2020 31st March, 2019 31st March, 2021 9. Indian Financial System Code consists of how many alphanumeric digit ? 12 11 10 9 10. What does M in ‘MUDRA’ stand for ? Micro Money Management Medium Banking Banking Awareness Quiz G.A Dams of INDIA Quiz Posted on November 1, 2018 by kseducational Leave a comment Important Dams of INDIA Quiz for IBPS PO Mains & IBPS Clerk Welcome to your Dams of INDIA Quiz 1 1. Supa Dam ? Kerala Jammu & Kashmir Gujarat Karnataka 2. Indira Sagar Dam ? Maharashtra Arunachal Pradesh Madhya Pradesh Tamilnadu 3. Kadana Dam ? Jharkhand Gujarat Maharshtra Kerala 4. Indravati Dam ? Rajasthan Himachal Pradesh Chhattisgarh Odisha 5. Ranjit Sagar Dam ? Punjab Haryana Telangana Rajasthan 6. Mahi Bajaj Sagar Dam ? Himachal Pradesh Rajasthan Kerala Tamilandu 7. Hirakud Dam ? Odisha Kerala Karnataka Jharkhand 8. Warna Dam ? Rajasthan Gujarat Punjab Maharashtra 9. Almatti Dam ? Tamilnadu Karnataka Kerala Odisha 10. Sri Ram Sagar Dam ? Karnataka Tamilnadu Telangana Uttarakhand 11. Bhakra Dam ? Himachal Pradesh Arunachal Pradesh Maharashtra Chattisgarh 12. Ukai Dam ? Gujarat Rajasthan West Bengal Haryana Banking G.A Static GK Quiz Banking Awareness Quiz 17 Posted on November 1, 2018 by kseducational Leave a comment Banking Awareness Quiz for IBPS PO Mains & IBPS Clerk Welcome to your Banking Awareness Quiz 17 1. Sukanya Samriddhi scheme was launched by Prime Minister Narendra Modi in ? 2015 2014 2017 2016 2. Sukanya Samriddhi account can be opened till ___ years ? 12 11 13 10 3. Who is appointed as the CEO Of Axis Bank ? Shikha Sharma Amit Mishra Vishnu Sharma Amitabh Chaudhry 4. Under Atal Pension Yojana, what is maximum monthly amount the subscriber can receive after his retirement ? 5000 6000 50000 7000 5. Bharat _____ for Money (BHIM). I stands ____? Interface Instant Intermediate Immediate 6. Full form of RD Account ? Recurring Deposit Account Renewal Deposit Account Regular Deposit Account Reverse Deposit Account 7. Recurring Deposit schemes allow customers with an opportunity to build up their savings through regular monthly deposits of fixed sum over a fixed period of time. Minimum Period of RD is ____ months. 3 Months 12 Months 4 Months 6 Months 8. What is the maximum amount of Senior Citizens Savings Scheme (SCSS) ? 5 Lakhs 10 Lakhs 15 Lakhs 20 Lakhs 9. In Sukanya Samriddhi Account, a minimum of ____ rupees must be deposited in the account initially. ? 350 Rupees 400 Rupees 250 Rupees 200 Rupees 10. Sukanya Samriddhi account reaches maturity after time period of __ years from date of opening it ? 18 years 21 years 20 years 19 years Banking Banking Awareness Quiz G.A National Parks Quiz 3 Posted on November 1, 2018 by kseducational Leave a comment National Parks Quiz for IBPS PO & IBPS Clerk Welcome to your National Parks Quiz 3 1. Dudhwa National Park is located in ? U.P. Uttrakhand Meghalaya Manipur 2. Gir Forest National Park is located in ? Gujarat Kerala Meghalaya Manipur 3. Dibru-Saikhowa National Park is located in ? Sikkim Assam Meghalaya Manipur 4. Dachigam National Park is located in ? J&K Uttrakhand Meghalaya Goa 5. Bandipur National Park is located in ? Karnataka Kerala MP Goa 6. Sanjay Gandhi National Park is located in ? MP Maharashtra U.P Goa 7. Sariska Tiger Reserve is located in ? Rajasthan Bihar MP Odisha 8. Silent Valley National Park is located in ? Karnataka Kerala Tamilnadu Odisha 9. Sundarbans National Park is located in ? Karnataka Haryana Rajasthan West bengal 10. Van Vihar National Park is located in ? M.P. U.P Andhra pradesh West bengal Banking G.A Static GK Quiz error: Content is protected !!