Welcome to the world of Banking and Financial Awareness. With SBI PO Prelims round the corner, it should be your priority to cover every aspect of Banking and Financial Awareness on daily basis. Let us see how many questions you attempt accurately.
Q1. Who was the first Chairman and Managing Director (CMD) of Exim Bank?
(a) Ravneet Kaur
(b) TCA Ranganathan
(c) RC Shah
(d) Kalyan Banerji
(e) Yaduvendra Mathur
Q2. ECGC Ltd. wholly owned by Government of India, was set up in ______________ with the objective of promoting exports from the country by providing Credit Risk Insurance and related services for exports.
(a) 1935
(b) 1982
(c) 1964
(d) 1949
(e) 1957
Q3. ECGC is essentially an export promotion organization, seeking to improve the competitiveness of the Indian exporters by providing them with credit insurance covers. What is the meaning of “G” in ECGC?
(a) Guarantee
(b) General
(c) Government
(d) Grameen
(e) None of the given options is true
Q4. AIIB is a new multilateral financial institution founded to bring countries together to address the daunting infrastructure needs across Asia. AIIB stands for-
(a) Asian Infrastructure Investment Bureau
(b) Asian Infrastructure Investment Bank
(c) Association Infrastructure Investment Bank
(d) Asian International Investment Bank
(e) None of the given options is true
Q5. ICSID is one of the five organizations of the World Bank Group. What is the meaning of “D” in ICSID?
(a) Districts
(b) Division
(c) Development
(d) Disputes
(e) Department
Q6. How much amount was authorised capital of NPCI?
(a) Rs 100 crore
(b) Rs 500 crore
(c) Rs 300 crore
(d) Rs 200 crore
(e) Rs 400 crore
Q7. Bank for International Settlements (BIS) pursues its mission by-
(a) fostering discussion and facilitating collaboration among central banks
(b) supporting dialogue with other authorities that are responsible for promoting financial stability
(c) carrying out research and policy analysis on issues of relevance for monetary and financial stability
(d) acting as a prime counterparty for central banks in their financial transactions
(e) All of the above
Q8. Bank for International Settlements (BIS) is an international organisation, created pursuant to an international treaty (The Hague Agreements of 1930). Its shareholding members are-
(a) Central banks
(b) Monetary authorities
(c) Commercial Banks
(d) Both (a) and (b)
(e) Both (a) and (c)
Q9. Who is the present Managing Director (MD) & Chief Executive Officer (CEO) of NPCI?
(a) Balachandran M
(b) AP Hota
(c) Deena Mehta
(d) B Sambamurthy
(e) None of the given options is true
Q10. How much amount was paid-up capital of NPCI?
(a) Rs 100 crore
(b) Rs 500 crore
(c) Rs 300 crore
(d) Rs 200 crore
(e) Rs 400 crore
Q11. The New Development Bank (NDB) aims to mobilize resources for development projects in BRICS, emerging economies and developing countries. Where is the headquartered of NDB?
(a) Durban, South Africa
(b) Brasilia, Brazil
(c) Moscow, Russia
(d) Shanghai, China
(e) New Delhi, India
Q12. With an initial funding of $912.7 million, International Development Association (IDA) was launched on-
(a) 24th September 1960
(b) 17th December 1920
(c) 22nd November 1959
(d) 23rd May 1919
(e) 15th October 1945
Q13. NIBM was established in ____________________ by the Reserve Bank of India, in consultation with the Government of India, as an autonomous apex institution for research, training, education and consultancy in bank management.
(a) 1982
(b) 1949
(c) 1921
(d) 1934
(e) 1969
Q14. NIBM is part of the grand vision of giving a new direction to the banking industry in India and making the industry a more cost-effective instrument for national development. NIBM stands for-
(a) Non-Organisation Institute of Bank Management
(b) National Institute of Bureau Management
(c) National Investment of Bank Management
(d) National Institute of Bank Management
(e) None of the given options is true
Q15. NIBM, an autonomous academic institution, is governed by a Board, its highest policy-making body. Where is the headquartered of NIBM?
(a) Nashik, Maharashtra
(b) Pune, Maharashtra
(c) Mumbai, Maharashtra
(d) Kolhapur, Maharashtra
(e) Nagpur, Maharashtra