Banking and Financial Awareness - Online Test
Q1. Statutory Liquidity ratio is a percentage of total deposits which the commercial bank keeps with the central bank by law.
Answer : Option C
Explaination / Solution:
No Explaination.
Q2. The Insolvency and Bankruptcy Board of India (IBBI) has registered which company as the first Information Utility?
Answer : Option A
Explaination / Solution:
The Insolvency and Bankruptcy Board of India (IBBI) registered National E-Governance Services Limited (NeSL) as an Information Utility (IU) under the IBBI (Information Utilities) Regulations, 2017. This registration is valid for five years from the date of registration.
Q3. M1 includes
Answer : Option B
Explaination / Solution:
No Explaination.
Q4. As per the Reserve Bank of India guidelines for licensing of Payments Banks and small finance bank, the promoter's minimum initial contribution to the paid-up equity capital of such banks shall at least be _______for the first five years from the commencement of its business.
Answer : Option C
Explaination / Solution:
As per the Reserve Bank of India guidelines for licensing of Payments Banks and small finance banks, the promoter's minimum initial contribution to the paid-up equity capital of such banks shall at least be 40 percent for the first five years from the commencement of its business.
Q5. M2 includes M1 and
Answer : Option B
Explaination / Solution:
No Explaination.
Q6. Which of the following types of risks are used in calculation of Capital to Risk (Weighted) Assets Ratio (CRAR)?
I. Operational Risk
II. Market Risk
III. Credit Risk
Select the correct option from the given option:
I. Operational Risk
II. Market Risk
III. Credit Risk
Select the correct option from the given option:
Answer : Option E
Explaination / Solution:
Capital Adequacy Ratio (CAR) is also known as Capital to Risk (Weighted) Assets Ratio (CRAR), is the ratio of a bank's capital to its risk. National regulators track a bank's CAR to ensure that it can absorb a reasonable amount of loss and complies with statutory Capital requirements.
Total capital ratio (CRAR) = Eligible Total Capital / RWA for (Credit risk + Market risk + Operational risk)
Q7. One of the type of deposit accounts with the commercial banks is
Answer : Option B
Explaination / Solution:
No Explaination.
Q8. Recently World Bank’s arm IBRD signed loan agreement of US$ 119 million for OHEPEE Project. This project is related to which state?
Answer : Option C
Explaination / Solution:
Recently World Bank’s arm IBRD signed loan agreement of US$ 119 million for “Odisha Higher Education Programme for Excellence & Equity (OHEPEE) Project.
Q9. Barter system is now replaced by
Answer : Option C
Explaination / Solution:
No Explaination.
Q10. Which of the following bank was acquired by HDFC Bank?
Answer : Option C
Explaination / Solution:
In 2008, Centurion Bank was acquired by HDFC Bank
The Centurion Bank of Punjab (formerly Centurion Bank) was an Indian private sector bank that provided retail and corporate banking services. It operated on a strong nationwide franchise of 403 branches and had over 5,000 employees. The bank listed its shares on the major Indian stock exchanges and on the Luxembourg Stock Exchange. On 23 May 2008 HDFC Bank acquired Centurion Bank of Punjab.
