Banking Awareness Quiz 28 Posted on November 3, 2018 by kseducational Leave a comment Banking Awareness Quiz for IBPS PO & IBPS Clerk Welcome to your Banking Awareness Quiz 28 1. What does BFD stand for with respect to Aadhar Enabled payment System? Bank Finance Deficit Best Finger Detection Best Finance Deal Bank Finance Deficit 2. ‘FCA’ is one of the most important components of the RBI’s foreign exchange reserve and the largest component of the forex Reserve. Here ‘FCA’ stands for? Forex Currency Assets Foreign Currency Account Future Current Account Foreign Currency Assets 3. What does the second ‘C’ stands for in ‘FCCB’? Creative Currency Convertible Code 4. Future and Spot Market are components of which of the following categories of Capital Market ? Securities Market Secondary Market Money Market Primary Market 5. Which among the following body determines interest rate on savings deposit? Department of Economic Affairs Cabinet committee on economic affair RBI Bank’s Independent decision 6. The headquarter of Federal Bank is located in ? Mumbai Kochi Hyderabad New Delhi 7. Which of the following currency is not on the set of Internationally acclaimed 'Hard Currencies' ? Yuan Yen Dollar Pound 8. Fixed Deposit Account cannot be opened by ? Individual single / jointly On behalf of a minor In the name of club, society, Educational Institute, etc . All of the above 9. Which Organisation/Government is the administrator of Financial Inclusion Fund (FIF) ? Reserve Bank of India(RBI) NABARD Union Government of India Particular Government of the related State 10. Which organisation/ministry is the nodal agency to provide licenses to e-commerce companies ? Finance Ministry Corporate Ministry Reserve Bank of India(RBI) Department of Industrial Policy and Promotion (DIPP) Advertisements Banking Banking Awareness Quiz G.A Banking Awareness Quiz 27 Posted on November 3, 2018 by kseducational Leave a comment Banking Awareness Quiz for IBPS PO & IBPS Clerk Welcome to your Banking Awareness Quiz 27 1. Depositor Education and Awareness Fund (DEAF) is maintained by which of the following ? NABARD RBI SIDBI Public Provident Fund Authorities 2. The area of operation of Local Area Banks (LABs) is limited to a maximum of _____ geographically contiguous districts and are allowed to open branches only in its area of operation ? 3 4 2 1 3. Which of the following is/are the major supplier/suppliers of trading instruments in the capital market ? Liquid corporations Instrumental corporations Government and corporations Manufacturing corporations 4. What is MCX-SX ? Stock Exchange Nuclear Submarine Kind of Super Computer Space Research Programme of ISRO 5. What does the letter 'S' denote in 'SEZ' as seen frequently in financial newspapers ? Stock Special Social Small 6. In context of Banking, what does ‘BBB’ stands for__ ? Bank Board Bureau Bank Beneficial Bureau Bank Broadcast Bureau Bank Blogger Bureau 7. Whenever somebody needs foreign currency against Indian Rupee, banks give equivalent amount of desired currency based on prevalent rate, the rate is called as ____ ? Currency rate Bank rate Policy rate Exchange rate 8. Treasury bills or T-bills, which are money market instruments, are short term debt instruments issued by ____ ? Reserve Bank of India Individual Banks Government of India IRDA 9. We frequently read about ‘MFI’ in banking. What is the full form of this term, which is used in financial sector ? Micro Finance Institutions Micro Functional Issues Monetary Forum of India Mutual Funds in India 10. PMI is an indicator of business activity, both in the manufacturing and services sector. What does PMI stand for ? Purchasing Market Index Purchasing Management Index Purchasing Monitors’ Index Purchasing Managers’ Index Banking Banking Awareness Quiz G.A Banking Awareness Quiz 26 Posted on November 3, 2018 by kseducational Leave a comment Banking Awareness Quiz for IBPS PO & IBPS Clerk Welcome to your Banking Awareness Quiz 26 1. RNBC stands for _ ? Residuary Non Banking Companies Reserve Non Banking Companies Residuary New Banking Companies Reserve New Banking Companies 2. RNBCs cannot accept deposits for a period less than ______ months and more than ____ months . 12, 72 24, 60 24, 84 12, 84 3. According to accepting public deposits, NBFCs can be classified into ____ broad categories ? 2 3 4 5 4. Which of the following does not guarantee the repayment of deposits accepted by NBFCs ? RBI GOI SEBI NABARD 5. 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 ? Variable at Rate Value at Ratio Variable at Risk Value at Risk Value at Return 6. 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 ? Capital Conservation Buffer Leverage Ratio Counter Cycle buffer All of Above 7. NBFCs whose asset size is of _____ or more as per last audited balance sheet are considered as systemically important NBFCs. Rs.100 Crore Rs.200 Crore Rs.500 Crore All of the Above 8. NBFCs include ____ ? Loan company Investment company Asset finance company All of the Above 9. Which of the following is not available to depositors of NBFCs ? Deposit Insurance facility Acquisition of shares Loans and Advances All of the Above 10. Insolvency & Bankruptcy Board of India ( IBBI)Where is the Headquarters of IBBI? New Delhi Kolkata Mumbai Chennai 11.Which organisation has approved a proposal to allow foreign investors to trade in commodity derivatives market, except for sensitive commodities, as well as common application form for the registration of FPIs in the domestic market ? SEBI NABARD RBI GOI Banking Banking Awareness Quiz G.A Banking Awareness Quiz 25 for IBPS PO Posted on November 3, 2018 by kseducational Leave a comment Banking Awareness Quiz for IBPS PO & IBPS Clerk Welcome to your Banking Awareness Quiz 25 1. EFTPOS (electronic funds transfer at point of sale) is based on___ ? SMS Alerts Debit Cards Credit Cards Both (1) and (2) Both (2) and (3) 2. The transaction in which a bank guarantees the payment in case of any damage or financial loss and accepts financial risk & liability is known as _______ ? Collateral Underwriting Letter of Credit Bank guarantee Other than the given option 3. Which term is used to describe a situation where an Inflation rate is high, the economic growth rates slow down and unemployment remains steadily high ? Recession Depreciation Stagflation Depression None of these 4. The term CBS network is often associated with Banking Operations. What does the letter ‘C’ stand for in ‘CBS’ ? Central Critical Commercial Core Capital 5. 'Cheque' and Demand Draft' come under the purview of which of the following Acts ? Banking Regulation Act, 1949 The Banking Companies Act–1949 Chit Fund Act–1982 Negotiable Instrument Act, 1881 Other than the given options 6. In which of the following ways does Inflation affect the price of a commodity? It has no effect on price of the commodities Price of the commodities increases Price of the commodities decrease First the price decreases and then it increases None of these 7. CIDR is a government agency in India that stores and manages data for the country's Aadhaar project. What does ‘I’ stands for in ‘CIDR”? Identification Identities Indian Immediate Interest 8. ‘GDR’ is a bank certificate issued in more than one country for shares in a foreign company. What does 'R' stands for in ‘GDR’? Ratio Receipt Revenue Risk Reserve 9. ‘FII’ is an investor registered in a country outside of the one in which it is investing. In ‘FII’, the first ‘I’ stands for ____. Institutional Investor International Income Internal 10. The area of operation of Local Area Banks (LABs) is limited to a maximum of _____ geographically contiguous districts and are allowed to open branches only in its area of operation. Four Three Five Six Seven Banking Banking Awareness Quiz G.A error: Content is protected !!