Banking Awareness : Quiz 37
Banking Awareness : Quiz 37
Q.1) The first set of Basel Accords are known as:
a) Basel 1
b) Basel A
c) Basel 0
d) None of These
Q.2) The first set of Basel Accords was issued in:
a) 1988
b) 1985
c) 1989
d) None of These
Q.3) Primary focus of Basel I was on:
a) Increase Credit ability of banks
b) Credit Risk
c) Financial help to developing countries
d) None of These
Q.4) BCBS stands for:
a) British Corporation for Basel Standards
b) Basel Committee on Banking Supervision
c) Banking Commission for Basel Society
d) None of These
Q.5) If you buy a financial instrument in one market in order to sell the same instrument in another market at higher price, it will be called as:
a) Brokerage
b) Arbitrage
c) Forfeiture of Instrument
d) None of The Above
Q.6) AER stands for:
a) Average Earnings Rate
b) Annual Earnings Rate
c) Appropriate Earning Rate
d) None of The Above
Q.7) _______is a machine, activated by a magnetically encoded card or other medium that can process a variety of banking transactions:
a) MICR
b) Bar Code Reader
c) ATM
d) None of The Above
Q.8) Which among the following is incorrect about Bank Ombudsman:
a) Bank Ombudsman scheme was first introduced in 1995 but start in operations from 2006
b) Bank Ombudsman has the power to solve banking complaints.
c) Bank Ombudsman acts as the one of representative of Reserve Bank of India in order to implement RBI’s rules and regulations
d) All of The Above
Q.9) The commission charged by a broker is ______:
a) Brokerage Interest
b) Brokerage Fee
c) Brokerage Profit
d) None of The Above
Q.10) “Blending Modernity with Tradition” is the slogan of:
a) State Bank of Patiala
b) Where Service is a way of life
c) A Long Tradition of Trust
d) None of The Above
Q.11) Head Office of SBI is situated at:
a) Mumbai, Maharashtra
b) Kolkata, West Bengal
c) New Delhi
d) None of The Above
Q.12) Arundhati Bhattacharya is concerned with:
a) ICICI Bank
b) State Bank of India
c) Corporation Bank
d) None of The Above
Q.13) Head Office of “Oriental Bank of Commerce” is located at:
a) New Delhi
b) Gurgaon, Haryana
c) Gandhi Nagar
d) None of The Above
Q.14) IBA stands for:
a) Indian Bank’s Association
b) Investment in Bank’s Association
c) Initial Bond Assessment
d) None of The Above
Q.15) _____was the first bank to Introduce the ATM concept in India:
a) HSBC
b) SBI
c) Standard Chartered Bank
d) None of These
