• Banking Quiz – 44

    431 The Reserve Bank of India (RBI) has recently notified the banks to stop providing any loans to its customers for purchasing gold in any form. The purpose for the step?
      A) To Check Gold Prices
      B) To reduce import of Gold
      C) To reduce risk exposure for banks
      D) To increase participation in Gold ETF.
       
    432 Foreign bank Westpac has opened its first branch in India in Nov 2012. Westpac bank belongs to which country?
      A) New Zealand
      B) Australias
      C) Singapore
      D) South Africa
       
    433 Union Finance Minister P Chidambaram highlighted banks role in reviving Indian economy while inaugurating Bancon-2012. Bancon-2012 was hosted by which PSU bank in Pune in Nov 2012?
      A) Bank of Maharashtra
      B) Ratnakar Bank
      C) Bank of India
      D) IDBI Bank
       
    434 Which Global bank has been fined USD 1.9 billion by the US Authorities in Dec 2012 for its alleged involvement in money laundering activities?
      A) Barclay’s Bank
      B) UBS
      C) Standard Chartered
      D) HSBC
       
    435 The RBI has recently issued guidelines to migrate to new Cheque clearing system named CTS in which cheques will be cleared electronically through an encrypted and highly secure gateway. What is full form of CTS?
      A) Cheque Transfer System
      B) Cheque Trancation System
      C) Cheque Turn-around System
      D) Cheque Transfer Services
       
    436 Union Cabinet has cleared the Land Acquisition Bill in Dec 2012. It makes mandatory to get the consent of ____ of people whose land is taken for private projects.
      A) 75%
      B) 70%
      C) 80%
      D) 66%
       
    437 Which global bank has been fined USD 1.5 billion over the manipulation of Libor benchmark rate in Dec 2012?
      A) UBS
      B) HSBC
      C) Barclay’s
      D) Standard Chatered
       
    438 The Reserve Bank of India has signed currency swap agreement with which bank in Dec 2012 for up to USD 15 billion to address short term liquidity problems?
      A) Bank of Japan
      B) Bank of China
      C) Bank of Malaysia
      D) Bank of Thailand
       
    439 As per the Banking (Amendment) Bill passed by the Government in Dec 2012, The cap on voting rights for investors in private sector banks will now rise to _____ from earlier cap of 10%.
      A) 15%
      B) 26%
      C) 20%
      D) 30%
       
    440 As per the Banking (Amendment) Bill passed by the Government in Dec 2012, The cap on voting rights for investors in government banks will now rise to _____ from earlier cap of 1%.
      A) 5%
      B) 10%
      C) 15%
      D) 26%

     

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