Important Banking Awareness Quiz – 109

1) Which of the following is the tenture of treasury bill?

(a) 91days

(b) 182days

(c) 364days

(d) Both a and b

(e) All of these

2) FEMA(Foreign Exchange Management Act) was finally implemented in the year?

(a) 1996

(b) 1991

(c) 1999

(d) 2004

(e) 2007

3) Which one is often described as ‘snapshot of a company’ in financial condition?

(a) Non-performing assets

(b) Balance sheet

(c) Bill of exchange

(d) Treasuary bills

(e) Demand draft

4) AML is a term mainly used in the financial and legal industries. Expand the term AML?

(a) Automated Money Laundering

(b) Anti Management Laundering

(c) Automated Money Liability

(d) Anti Money Laundering

(e) Automated Material Liability

5) Green Banking means

(a) Financing of irrigation projects by banks

(b) Development of forestry by banks

(c) Financing of environment friendly projects by banks

(d) Development of railways by banks

(e) None of these

6) The terms ‘bull’ and ‘bear’ are used in the:

(a) Animal husbandry department

(b) Income tax department

(c) CBI

(d) Stock exchange

(e) None of these

7) Which of the following are the constitutents of world bank?

(a) IBRD

(b) ICSID

(c) IDA

(d) Both a and b

(e) Both a and c

8) The Two representative offices of BIS are situated at:

(a) Hong Kong and Mexico City

(b) New Delhi and Islamabad

(c) Washington DC and Nairobi

(d) Newyork and New Delhi

(e) None of these  

9) Expand the term BCBS?

(a) Bank’s committee on banking supervision

(b) Basel committee on banking supervision

(c) Bank’s commission on banking supervision

(d) Basel commission on banking supervision

(e) None of these

10) A worldwide financial messaging network which exchanges messages between banks and financial institutions is known as?

(a) CHAPS

(b) SWIFT

(c) NEFT

(d) SFMS

(e) CHIPS