Banking Awareness Quiz for IBPS Bank Exams 2015 - Set 64

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Hi friends,  I am Shravan again. Here I am sharing Banking Awareness quiz for upcoming IBPS Bank Exams, taken from News Papers. Happy Reading :)

1. Recently, the Union Finance Ministry launched India Aspiration Fund (IAF)  to boost start-ups in India. Who will be the partner and co-investor in the IAF ? 
1.  LIC
2.  SIDBI
3.  NABARD
4.  RBI
5.  SEBI
2. State Bank of India on 18th August 2015 launched a mobile wallet app, SBI Buddy, in collaboration with Accenture and ?
1.  Visa
2.  Paytm
3.  Paypal
4.  Mastercard
5.  Maestro
3. In context with banking, a Certificate of Deposit is   _______________
1.  Money Market Instrument
2.  Negotiable Instrument
3.  Transferable instrument
4.  All of above
5.  None
4.  The maturity of Treasury Bills in India is always less than _______________
1.  91 Days
2.  182 Days
   
3.  365 Days
4.  730 Days
5.  425 Days
5. Which of the following is/are salient features of Treasury Bills ?
1.  They have zero default risk
2.  They are highly liquid
3.  No tax is deducted at source
4.  All of above
5.  None of these
6. Who has been appointed as CMD of India Trade Promotion Organization (ITPO) ?
1.  R J Mishra
2.  L K Jha
3.  L C Goyal
4. Anil Goswami
5.  None of these
7. Which one of the following is an example for Long Investment Option ?
1.  Fixed deposit
2.  Money market
3.  Public provident fund
4.  Saving accounts
5.  None of these
8. Which of the following is not the quantitative tool of the Reserve Bank of India (RBI) ?
1.  OMO
2.  Reserve ratios
3.  Rationing of credit
4.  Statutory Preemption
5.  None of these
9. In which year, Insurance Regulatory and Development Authority (IRDA)  was constituted?
1.  1999
2.  1998
3.  1997
4.  1996
5.  1992
10. Which Insurance policy gives holder the benefits of both Insurance and Investment ?
1.  Term Insurance Policies
2.  Money-back Policies
3.  Unit-linked Investment Policies
4.  Pension Policies
5.  None of these
11. Which of the following banks has been declared by Reserve Bank of India (RBI) as Domestic Systemically Important Banks (D- SIBs) ?
1.  HDFC and ICICI
2.  ICICI and SBI
3.  SBI and HDFC
4.  PNB and SBI
5.  HDFC and SBI
12. Recently, the Government of India (GoI) launched e-payment module to deposit compensatory levies into CAMPA Funds. What does CAMPA Stand for?
1.  Compensatory Affordable Fund Management and Planning Authority
2.  Compensatory Affectable Fund Management and Planning Authority
3.  Compensatory Affectation Fund Management and Planning Authority
4.  Compensatory Afforestation Fund Management and Planning Authority
5.  None of these
13. Which of the following banks recently launched "Smart Vault" digital locker facility ?
1.  SBI
2.  HDFC
3.  PNB
4.  NABARD
5.  ICICI
14. Union Government has recently notified the merger of commodities market regulator Forward Markets Commission (FMC) with?
1.  SEBI
2.  IDBI
3.  NABARD
4.  All of the above
5.  None of the above
15. Which of the following is used by RBI for sterilization of the Capital Inflows ?
1.  Base Rate System
2.  CRAB Obligations
3.  Open Market Operations
4.  Credit Authorization Scheme
5.  None of these
16. In India, Infrastructure Debt Fund can be established as a Trust or a company. Which of the following regulated the Infrastructure Debt Fund set up as a trust ?
1.  SEBI
2.  RBI
3.  IRDA
4.  Ministry of Corporate Affairs
5.  IFCI
17. How do we label the risk of collapse of an entire financial system or entire market ?
1.  Seismic Risk
2.  Systemic Risk
3.  Systematic Risk
4.  Market Risk
5.  None of these
18. How many parties primarily involved in a Promissory Note ?
1.  Two
2.  Three
3.  Four
4.  Five
5.  Six
19. Which Union Ministry launched the Smart National Common Mobility Card (NCMC), recently ?
1.  Ministry of Railways
2.  Ministry of Home Affairs
3.  Ministry of Foreign Affairs
4.  Ministry of Urban Development
5.  None of these
20. Which of the following banks launched the "IndPay" mobile app service recently?
1.  Indian Bank
2.  Dena Bank
3.  Punjab National Bank
4.  Karnataka Bank
5.  Axis Bank

Read more Banking Awareness Expected Questions from below

• Set 63
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