Monthly Archives: November 2018

Banking Awareness Quiz 39

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) ?
2. FATF, an Intergovernmental Organization is headquartered in __ ?
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 ____ ?
4. The loan disbursed by a bank to an individual for purchasing a house is called ?
5.  What is the full form of the term LIBOR as used in the financial/banking sectors ?
6.  'FPO' s an issuing of shares to investors by a public company that is already listed on an exchange. Here ‘FPO’ stands for ___ ?
7.  What does 'D' stand for in FIMMDA?
8.  __ is the rate at which banks borrow funds overnight from the Reserve Bank of India (RBI) against approved government securities ?
9.  With which of the following commercial banks has the India Post Payment Bank collaborated to offer ATM transactions to the customers ?
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 ?

Banking Awareness Quiz 38

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 ?
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?
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) ?
4.  Which among the following debentures can not be converted into equity shares ?
5.  What do we call an Underwriting Agreement where an underwriter agrees to buy a definite number of shares or debentures ?
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 _____?
7. The term ASBA (Applications Supported by Blocked Amount) is a process developed by which of the following?
8. Masala Bonds are issued by which of the following organisations?
9. What does the first ‘S’ in USSD stands for ?
10. Which of the following is a basis of the distinction between market price and factor cost?

Banking Awareness Quiz 37

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 ?
2. Who among the following is the regulator of Money Market?
3. Islamic Development Bank located in which country ?
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' ?
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?
6. ____ gives right to the directors or employees of a company to purchase or subscribe the company’s securities ?
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 ?
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 ____ ?
9. The mechanism through which the banks are allowed to borrow money through repurchase agreements are called a____ ?
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 _____?