IBPS PO 2017 Banking Awareness Quiz - Set 116

sponsored links

1. Which of the following includes "banking business" as per Banking Regulation Act ?
1. Acceptance of deposit
2. Collection of bills
3. Buying of foreign exchange
4. All of the above
5. None of the above
2. Which of the following acts deals with the Right of Appropriation ?
1. Indian Contract Act
2. Companies Act
   
3. Negotiable Instruments Act
4. All of the above
5. None of the above
3. Depositories hold shares in _________ form :
1. Physical
2. Dematerialized
3. Either 1 or 2
4. Both 1 and 2
5. None of the above
4. What is the full form of NBMSME ?
1. National Bank for Micro, Small and Medium Enterprises
2. National Board for Micro, Sm-all and Medium Enterprises
3. National Board for Micro, Selected Medium Enterprises
4. National Bank for Medium and selected Medium Entrepreneurs
5. None of the above
5. Mr Kanungo is appointed as RBI Deputy Governor (who is presently Executive Director in the central bank) will replace Mr. _________  , Deputy Governor.
1. Viral Achary
2. NS Vishwanathan
3. R.Gandhi
4. S.S.Mundra
5. None of the above
6. Which type of machine is used by Business Correspondents ?
1. Micro ATMs
2. POS
3. Biometric Card Reader
4. Solar empowered
5. Water resistant
7. _________  provides Clearing House facilities for netting of Payments and Security delivery :
1. Primary dealers
2. Banks
3. Stock exchanges
4. All of the above
5. None of the above
8. _________  is the regulatory authority for Mutual funds :
1. IRDA
2. SEBI
3. RBI
4. Ministry of Corporate affairs
5. All of the above
9. The Main activity of the Financial Intelligence Unit India (FIUIND) is to control :
1. Tax Evasion
2. Money Laundering
3. Terrorism
4. Avoiding NPAs
5. Avoiding frauds in ATMs
10. Primary dealers deal in :
1. Shares
2. Insurance
3. Government securities
4. None of the above
5. All of the above
11. The main function of an Asset Management Company is to :
1. hold the securities of various schemes
2. manage the funds by making investments in various types of securities
3. hold its property for the benefit of the unit holders
4. act on behalf of SEBI
5. All the above
12. What is the purpose of reduction in Cash Reserve Ratio (CRR) ?
1. Reduce Credit Flow
2. Enhance Credit Flow
3. Enhance availability of cash
4. Reduce Cash transactions
5. None of the above
13. In India, conventionally, bonds are issued by institutions in  _________ sector while debentures by corporate in _________  sector.
1. private, public
2. public, private
3. either a or b
4. cooperative, NBFC
5. None of the above 
14. Who notifies Foreign Trade Policy ?
1. RBI
2. DGFT
3. Govt. of India
4. ECGC
5. None of the above
15. Cash kept in the currency chest is owned by ?
1. Currency Chest branch bank
2. State Bank of India
3. Central Government
4. Reserve Bank of India
5. None of the above
16. Expand the term LIBOR as used in financial banking sectors ?
1. Local Indian Bank Offered Rate
2. London-India Bureau of Regulations
3. Liberal International Bank Official Ratio
4. London Inter Bank Offered Rate
5. None of the above
17. Which one of the following rates is NOT decided by the RBI ?
1. Bank Rate
2. Repo Rate
3. Reverse Repo Rate
4. Income Tax Rates
5. Only 1 & 2
18. When more than one bank is allowing credit facilities to one party in coordination with each other under a formal arrangement, the arrangement is generally known as :
1. Participation
2. Consortium
3. Syndication
4. Multiple Banking
5. All the above 
19. The headquarters of International Monetary Fund is _________
1. Geneva
2. Paris
3. London
4. Manila
5. Washington
20. Who is the new chairman of SEBI ?
1. Ajay Tyagi
2. UK Sinha
3. TS Vijayan
4. G Srinivasan
5. None of the above
21. The Headquarters of Bank of International settlement is located at :
1. New York
2. London
3. Washington
4. Paris
5. Basel (Switzerland)

sponsored links