• Banking Awareness Quiz – 93

    921 Which in the below list is the first pillar of Basel II accord?
      A) Minimum capital requirements
      B) Supervisory review
      C) Market discipline
      D) Regulatory arbitrage
       
    922 The bank employees are expected to be in the branched 15 minutes before the beginning of the customer service. Which recommended this?
      A) Usha Thorat committee
      B) Rangrajan Committee
      C) Talwar Committee
      D) Bimal Jalan Committee
       
    923 Foreign Investment Promotion Board works under which in the below Ministry/Regulatory body?
      A) SEBI
      B) Ministry of Finance
      C) Ministry of Commerce
      D) Reserve Bank of India
       
    924 Which activity in the below list would result in the fall in asset prices?
      A) Low Liquidity in the Economy
      B) High Liquidity in the Economy
      C) RBI increasing the Reverse Repo Rates
      D) RBI decreasing CRR
       
    925 In context with the Credit Card Business in India, a Hot card refers to ______?
      A) Low Interest Credit Card
      B) Lifetime free Credit Card
      C) Lost Credit Card
      D) None of These
       
    926 In which year RBI was empowered to regulate money, forex, G-sec and gold related securities market?
      A) 1991
      B) 2001
      C) 2006
      D) 2009
       
    927 Once a banking user is not satisfied with the decision taken by “Banking Ombudsman”. The next appellate authority to approach will be _______?
      A) Governor of RBI
      B) Deputy Governor of RBI
      C) CMD of the concerned Bank
      D) None of These
       
    928 For how many years the Banks are required to keep the records of suspicious accounts?
      A) 5 years
      B) 8 years
      C) 10 years
      D) 12 years
       
    929 The Rate at which the Reserve Bank of India discounts the Bills of Exchange of the commercial Banks is known as __________________?
      A) Base Rate
      B) Repo Rate
      C) Reverse Repo Rate
      D) Bank Rate
       
    930 The Post office deposits are included _________________?
      A) Only M2
      B) Only M1 & M2
      C) Only M3 & M4
      D) Only M2 & M4

     

    Check below for Answers:

     

     

     

     

     

     

     

     

     

     

    Answers:

    921 Ans) Minimum capital requirements
    922 Ans) Talwar Committee
    923 Ans) Ministry of Finance
    924 Ans) Low Liquidity in the Economy
    925 Ans) Lost Credit Card
    926 Ans) 2006
    927 Ans) Deputy Governor of RBI
    928 Ans) 10 years
    929 Ans) Bank Rate
    930 Ans) Only M2 & M4

     

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