• Banking Awareness Quiz – 107

    1061 In the capital market , simultaneous purchase and sale of securities to reduce the loss is known as ________.
      A) Speculation
      B) Hedging
      C) Arbitrage
      D) Short Sell
    1062 Interest rate risk can be placed under __________
      A) Credit Risk
      B) Market Risk
      C) Operating Risk
      D) All of above
    1063 Which has launched skill development program named as ‘Udaan’ for youths in Jammu and Kashmir in co-ordination with NSDC (National Skill Development Corporation) and the Government of Jammu & Kashmir (J&K) in Jan 2014?
      A) State Bank of India
      B) Canara Bank
      C) Punjab National Bank
      D) Central Bank of India
    1064 An RBI panel headed by ________ has suggested setting up of specialised banks to cater to low income households to ensure that all citizens have bank accounts by 2016 in Jan 2014 which will pave way for significant changes in Indian banking structures.
      A) Nachiket Mor
      B) Urijit Patel
      C) Usha Thorat
      D) Narayanan Vaghul
    1065 As per latest RBI guidelines published in Jan 2014, NBFCs can now give up to ______ of the value of the gold jewellery pledged as loan compared to earlier 60%.
      A) 70%
      B) 80%
      C) 75%
      D) 65%
    1066 The Reserve Bank of India (RBI) constituted an expert committee to review governance of boards of banks in Jan 2014 headed by __________. The expert panel is expected to submit its report within a period three months from the date of its first meeting.
      A) Nachiket Mor
      B) Urijit Patel
      C) Usha Thorat
      D) P. J. Nayak
    1067 An expert committee, headed by _______ has suggested that the apex bank should adopt the new CPI (consumer price index) as the measure of the nominal anchor for policy communication in Jan 2014. The nominal anchor or the target for inflation should be set at 4% with a band of +/- 2 per cent around it.
      A) Nachiket Mor
      B) Deepak Sinha
      C) Urjit R. Patel
      D) Narayanan Vaghul
    1068 The RBI diluted rules for accelerated provisioning it had proposed for non-performing accounts in Feb 2014. As per its notification, now lenders will make _______ provision for unsecured loans that remain unpaid for six months.
      A) 30%
      B) 25%
      C) 20%
      D) 15%
    1069 The panel headed by _________ which was set up by the RBI to scrutinize applications for new bank licences has submitted its report in Feb 2014?
      A) Nachiket Mor
      B) Y. Venugopal Reddy
      C) Vijay Kelkar
      D) Bimal Jalan
    1070 Report of the ‘Committee, headed by ___________, recommends Data Format for Furnishing of Credit Information to Credit Information Companies (CICs), has been put up on RBI’s website for comments in March 2014. The report said that Customers should be given a free copy of their credit profile as it would help in promoting financial discipline among loan seekers.
      A) Deepak Parekh
      B) Aditya Puri
      C) Y V Reddy
      D) Deepak Sinha


    Check below for Answers:









    1061 Ans) Arbitrage
    1062 Ans) Market Risk
    1063 Ans) Canara Bank
    1064 Ans) Nachiket Mor
    1065 Ans) 75%
    1066 Ans) P. J. Nayak
    1067 Ans) Urjit R. Patel
    1068 Ans) 25%
    1069 Ans) Bimal Jalan
    1070 Ans) Aditya Puri


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