Banking Awareness Quiz 39 Posted on November 6, 2018 by kseducational Leave a comment Banking Awareness Quiz for IBPS PO & IBPS Clerk Welcome to your Banking Awareness Quiz 39 1. Which of the following is not true about NBFC (Non-Banking Financial Company) ? Deposit insurance facility of Deposit Insurance and Credit Guarantee Corporation is not available to depositors of NBFCs NBFCs can lend and make investments NBFC can accept demand deposits It is a company registered under the Companies Act, 1956 None of the above 2. FATF, an Intergovernmental Organization is headquartered in __ ? Italy, Rome New York, USA Paris, France Geneva, Switzerland None 3. For expanding access to banking services, the Reserve Bank of India has advised banks to open branches with minimum infrastructure support of 8 to 10 BC units at a reasonable 3-4 km. Such branches are known as ____ ? Banking Kiosks ICT Hubs CBS Terminals Ultra Small Branches White Label ATMs 4. The loan disbursed by a bank to an individual for purchasing a house is called ? Business Loan Top up Loan Retail Loan Plan Finance Plan Finance 5. What is the full form of the term LIBOR as used in the financial/banking sectors ? Local Indian Bank Offered Rate London-India Bureau of Regulations Liberal International Bank Official Ratio London inter-Bank Offered Rate None 6. 'FPO' s an issuing of shares to investors by a public company that is already listed on an exchange. Here ‘FPO’ stands for ___ ? First public offering Few public offering Follow on personal offering Full public offering None 7. What does 'D' stand for in FIMMDA? Demand Derivatives Deregulation Development None 8. __ is the rate at which banks borrow funds overnight from the Reserve Bank of India (RBI) against approved government securities ? Call Money Repo Rate SLR CRR MSF 9. With which of the following commercial banks has the India Post Payment Bank collaborated to offer ATM transactions to the customers ? BOB PNB Bandhan Bank SBI ICIC Bank 10. Name the account for which bank act as an uninterested third party (custodian/depository) to ensure compliance with the terms of the deal between two parties only upon the fulfillment of some stated conditions ? Vostro account Nostro account Loro account NRO account Escrow account Advertisements Banking Banking Awareness Quiz G.A Banking Awareness Quiz 38 Posted on November 6, 2018 by kseducational Leave a comment Banking Awareness Quiz for IBPS PO & IBPS Clerk Welcome to your Banking Awareness Quiz 38 1. What is the 'Letter of Credit' (L/c) also known as ? Documentary Credit Countervailing Credit Transferable credit Transferable documentary credit None 2. Nearly two dozen banks and financial institutions including SBI and LIC have signed the important inter-creditor agreement (ICA) framework, in order to expedite the speedy disposal of the underperformed properties under the bracket of how many rupees? 500 million 1000 million 250 million 800 million 100 million 3. A class of derivative whose value is at least partly derived from one or more underlying stock exchange securities? (Trade, Commodity, Credit, Interest Rate, Equity) ? Bond Derivative Equity Derivative Future Derivative Stock Derivative Other 4. Which among the following debentures can not be converted into equity shares ? Redeemable Debentures Non-convertible Debentures Non- Redeemable Debentures Convertible Debentures All of the above 5. What do we call an Underwriting Agreement where an underwriter agrees to buy a definite number of shares or debentures ? Syndicate Underwriting Firm Underwriting Joint Underwriting Partial Underwriting Complete Underwriting 6. Magnetic Ink Character Recognition (MICR) is a 9 digits code is used mainly by the banking industry to ease the processing and clearance of cheques and other documents. The first three digits represent the _____? City Bank Branch State None of these 7. The term ASBA (Applications Supported by Blocked Amount) is a process developed by which of the following? Securities and Exchange Board of India (SEBI) Enforcement Directorate(ED) National Bank for Agriculture and Rural Development (NABARD) Reserve Bank Of India(RBI) None of these 8. Masala Bonds are issued by which of the following organisations? IMF New Development Bank IFC(International Financial Corporation) Reserve Bank Of India(RBI) Asian Development Bank 9. What does the first ‘S’ in USSD stands for ? Supplementary Sale Security Service Standard 10. Which of the following is a basis of the distinction between market price and factor cost? Net indirect taxes (Indirect Taxes – Subsidies) Depreciation (consumption of fixed Capital) Fixed Charge on Capital Gross indirect taxes (Indirect Taxes + Subsidies) Net factor income from abroad Banking G.A Banking Awareness Quiz 37 Posted on November 6, 2018 by kseducational Leave a comment Banking Awareness Quiz for IBPS PO & IBPS Clerk Welcome to your Banking Awareness Quiz 37 1. Certificate of Deposit can be issued by which of the following entity ? Scheduled commercial banks excluding regional rural banks Commercial banks and term lending institutions Reserve Bank, NABARD and Exim Bank only All the above None 2. Who among the following is the regulator of Money Market? IRDAI RBI SEBI IBA SBI 3. Islamic Development Bank located in which country ? Iraq Qatar Oman Yemen Saudi Arabia 4. 'IFRS' is a set of international accounting standards stating how particular types of transactions and other events should be reported in financial statements. What does ‘R’ denotes in 'IFRS' ? Research Real-Estate Reporting Rupees Recovery 5. CBLO, a money market instrument that represents an obligation between a borrower and a lender as to the terms and conditions of a loan. What does 'C' stand in CBLO? Collateralized Culminative Credit Clearing Call 6. ____ gives right to the directors or employees of a company to purchase or subscribe the company’s securities ? Right Issue Bonus Shares IPO ESOP None 7. “CAD” means money is flowing out of the country, and it suggests the nation is increasing its ownership of foreign assets. In “CAD” what does “D” stands for ? Deficit Derivative Debt Direct Default 8. According to RBI guidelines, a non-banking entity seeking authorization as Bharat Bill Payment Operating Unit (BBPOU) under the proposed Bharat Bill Payment System (BBPS) should have a minimum net worth of at least ____ ? 400 crores 100 crore 300 crore 500 crore 200 crores 9. The mechanism through which the banks are allowed to borrow money through repurchase agreements are called a____ ? Marginal standing facility Market Stabilisation scheme Treasury bills Open Market operations Liquidity Adjustment facility 10. Payment Banks were introduced after the recommendations of Committee on Comprehensive Financial Services for Small Businesses and Low Income Households, headed by __________. The first payment bank to get operational was _____? C Rangarajan, PayTM Payment Bank Usha Thorat, Vodafone M-Pesa Vinod Rai, India Post Payment Bank Nachiket Mor, Airtel Payment Bank Raghuram Rajan, Aditya Birla Nuvo Banking Banking Awareness Quiz G.A error: Content is protected !!