Banking Awareness Quiz For Ibps Clerks & Rbi Exams 2015 – Laid Upwards 71

1. Cash Management Bills (CMBs)
a) Government of India, inwards consultation amongst the Reserve Bank of India, has decided to effect a novel short-term instrument, known every bit Cash Management Bills (CMBs), to catch the temporary mismatches inwards the cash period of time of the Government.
b) The CMBs accept the generic graphic symbol of T-bills but are issued for maturities less than 91 days.
c) Like T-bills, they are likewise issued at a discount in addition to redeemed at aspect upwards value at maturity.
d) The tenure, notified amount in addition to engagement of effect of the CMBs depends upon the temporary cash requirement of the Government.
e) All the above
2. Which of the next banking System is mostly referred to interest of fiscal intermediaries inwards aiding credit creation without regulatory oversight.
a) Tiered Banking
b) Shadow Banking
c) Multiple banking
d) Universal banking
e) Multicity Banking
3. BPSS stands for:
a) Banking Payment Settlement Systems
b) Board for Payment in addition to Settlement Systems
c) Bank for Payment in addition to Settlement Sector
d) Board for Payment Service Sector
e) None of the above
4. The principal usage of Anti Money Laundering is CFT, which stands for:
a) Criminal Financial Terrorism
b) Combating Financing of Ten-prism
c) Combating Factional Terrorism d) Common Financial Terrorism
e) None of the above
5. Own Your NPA’ induce to force managers to focus on meridian twenty bad loan accounts inwards their jurisdiction
a) IDBI Bank
b) ICICI Bank
c) HDFC Bank
d) Karur Vysya Bank
e) Union Bank of India
6. What are the provisions of remuneration of the banking ombudsman?
a) He is eligible for remuneration in addition to other perquisites
b) This volition hold out determined yesteryear the RBI
c) This has to hold out borne yesteryear banks proportionately
d) All the to a higher house
e) None of the above
7. Which of the next entity was gear upwards inwards 1994 to oversee the Indian Financial System, comprising non entirely commercial banks, solid set down cooperative banks, but likewise the All Republic of Republic of India Financial Institutions (AIFIs) in addition to Non-Banking Finance Companies (NBFCs).?
a) Central Board of Directors (CBD) b) RBI
c) Board of Financial Supervision (BFS)
8. Which of the next specialised fiscal institutions has non been created yesteryear RBI?
a) National Bank for Agriculture in addition to Rural Development (NABARD)
b) Deposit Insurance in addition to Credit Guarantee Corporation of Republic of Republic of India (DICGC)
c) National Housing Bank(NHB)
d) Mudra banking concern
e) None of the above
9. National Institute of Bank Management (NIBM) is located at:
a) Bombay
b) Hyderabad
c) Pune
d) Kolkata
e) New Delhi
10. Certificates of Deposit (CDs) in addition to Commercial Paper (CPs) are the instruments widely used inwards which of the next Financial Sector market?
a) Credit Market
b) Stock Market
c) Corporate Debt Market
d) Money Market
e) Forex Market
11.Bharatiya Reserve Bank Note Mudran Limited established every bit a fully owned subsidiary of the Reserve banking concern has it’s Bank annotation press at
a) Mysore
b) Dewas
c) Nashik
d) Noida
e) All the to a higher house places
12. What is the maximum pct of Net Demand andTime Liabilities (NDTL) RBI is empowered to increase?
a) 50%
b) 40%
c) 30%
d) 60%
e) No such stipulation
13. The Banking Ombudsman may spend upwards a electrical charge at whatever phase if it appears that the electrical charge made is:
a) Not on the grounds of electrical charge referred to to a higher house
b) Compensation sought from the Banking Ombudsman is beyond Rs 10 lakh
c) Requires consideration of elaborate documentary in addition to oral testify in addition to the proceedings earlier the Banking Ombudsman are non appropriate for adjudication of such complaint
d) If inwards the catch of the Banking Ombudsman at that topographic point is no loss or impairment or inconvenience caused to the complainant.
e) All the above
14. To authenticate a Digital signature inwards Cheque Truncation System (CTS), which of the next keys are used?
a) Private fundamental
b) Public Key
c) Master Key
d) Only (ii) in addition to (iii)
e) None of the above
15. In example of non-compliance of the laurels yesteryear the banking concern the baking ombudsman volition study to;
a) Reserve banking concern of India.
b) Supreme courtroom
c) Finance ministry building
d) Consumer protection forum
e) Head Office of the concerned Bank
16. A & B are maintaining an ‘E or S’ account. D has been named every bit nominee. Balance inwards the concern human relationship volition hold out payable to on the choke of A.
a) Jointly to B in addition to Nominee D
b) Jointly to B in addition to legal heirs ofA
c) B lonely
d) D lonely
e) Will hold out referred to RBI
17. NREGA (National Rural Employment GuaranteeAct) is renamed afterwards :
a) Jawahar Lal Nehru
b) Mahatma Gandhi
c) Indira Gandhi
d) Rajeev Gandhi
e) Jayaprakash Narayan
18. Bank tin grant loans against
a) LIC Policy
b) CDs
c) FD issued yesteryear other banking concern
d) Mutual fund
e) None of the above
19. Which is non a retail deposit product?
a) Credit carte
b) Term deposits
c) Senior citizen deposits
d) No frills concern human relationship
e) Letter of Credit
20. As per the RBI’s Clean Note Policy, writing on a Currency Note is  ________
a) An Offence
b) A Crime
c) A Punishable Offence
d) The notes larn non-legal tender
e) No such stipulations

Shared by Shravan Varma Gadhiraju 

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