Banking Awareness : Quiz 07
Banking Awareness : Quiz 07
Q.1) Which among the following is correct about IRDA’s mission:
a) To protect the interest of policy holders
b) To regulate and develop the insurance industry
c) Both of Above
d) None of The Above
Q.2) Initially, head office of IRDAI was at:
a) Delhi
b) Mumbai
c) Gujarat
d) None of The Above
Q.3) IRDAI is an autonomous body set up under the _______:
a) IRDA Act, 1999
b) IRDA Act, 2000
c) IRDA Act, 1995
d) None of The Above
Q.4) The Two representative offices of BIS are situated at:
a) Hong Kong and Mexico City
b) New Delhi and Islamabad
c) Washington D.C. and Nairobi
d) None of The Above
Q.5) The number of central banks which are member of BIS are ______:
a) 70
b) 60
c) 80
d) None of The Above
Q.6) BIS was established due to:
a) The Bretton Woods Conference of 1930
b) The Hague Agreements of 1930
c) Both of The Above
d) None of The Above
Q.7) After replacing the current Basel Accord in June 1999 which was the new pillar for proposed framework:
a) Minimum Capital Requirements
b) Supervisory Review
c) Market Discipline
d) All of The Above
Q.8) General Manager of BIS is:
a) Christine Medeleine Odette Lagarde
b) Jaime Caruana
c) Jim Yong Kim
d) None of The Above
Q.9) ______is known as bank for central banks:
a) BIS
b) World Bank
c) IMF
d) None of The Above
Q.10) Which among the following is correct about BIS:
a) BIS does not provide financial services to Individuals
b) BIS does not provide financial services to Corporations
c) BIS was created to administer the transaction of monies according to the Treaty of Versailles
d) All of The Above
Q.11) SDR stands for:
a) Specific Draft Rights
b) Special Deposits Rights
c) Special Drawing Rights
d) None of The Above
Q.12) Since ______, the BIS has published its accounts in terms of special drawing rights (SDRs):
a) 2005
b) 2004
c) 2006
d) None of The Above
Q.13) Actually BIS was established on:
a) 17 May, 1930
b) 17 May, 1931
c) 17 May, 1932
d) None of The Above
Q.14) BIS stands for:
a) Bank Information Settlements
b) Bank for International Standardization
c) Bank for International Settlements
d) None of The Above
Q.15) Head office of BIS is situated at:
a) Geneva, Switzerland
b) Basel, Switzerland
c) Amsterdam, Netherlands
d) None of The Above
