Dear Readers,
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. The Bank for International Settlements (BIS) is the world’s oldest international financial organisation. BIS was established on-
(a) 26th May 1961
(b) 01st October 1949
(c) 14th February 1914
(d) 21st August 1945
(e) 17th May 1930
Q2. Where is the head office of Bank for International Settlements (BIS)?
(a) Zurich, Switzerland
(b) New York, USA
(c) Basel, Switzerland
(d) Berlin, Germany
(e) Geneva, Switzerland
Q3. Where is headquarter of Federal Bank?
(a) Kochi
(b) Mumbai
(c) New Delhi
(d) Bengaluru
(e) None of the given options is true
Q4. Which private sector bank was earlier known as UTI Bank?
(a) Axis Bank
(b) ICICI Bank
(c) HDFC Bank
(d) Yes Bank
(e) None of the given options is true
Q5. The rural co-operatives are further divided into short-term and long-term structures. The short-term cooperative banks are tiered operating in different states. These are……..?
(a) State Co-operative Banks
(b) District Central Co-operative Banks
(c) Primary Agricultural Credit Societies
(d) All of the above
(e) None of the given options is true
Q6. BCBS is the primary global standard setter for the prudential regulation of banks and provides a forum for cooperation on banking supervisory matters. What is mean of ‘S’ in BCBS?
(a) Supervision
(b) Serious
(c) System
(d) Service
(e) Stands
Q7. The Basel III capital regulation has been implemented from April 1, 2013 in India in phases and it will be fully implemented as on-
(a) 31st March, 2020
(b) 31st March, 2019
(c) 31st March, 2017
(d) 31st March, 2018
(e) None of the given options is true
Q8. Which among the following product is not a product of NPCI?
(a) Unified Payments Interface (UPI)
(b) Bharat Interface for Money (BHIM)
(c) Single Euro Payments Area (SEPA)
(d) Bharat Bill Payment System (BBPS)
(e) National Automated Clearing House (NACH)
Q9. Which card is a new card payment scheme launched by NPCI?
(a) Maestro card
(b) Visa Card
(c) MasterCard
(d) RuPay
(e) None of the given options is true
Q10. The Basel Committee has issued the full text of the revised LCR following endorsement on 06th January 2013 by its governing body. What is mean of ‘C’ in LCR?
(a) Custody
(b) Commercial
(c) Credit
(d) Cash
(e) Coverage
Q11. The mission of NABARD is Promote sustainable and equitable agriculture and rural prosperity through effective credit support, related services, institution development and other innovative initiatives. What is meaning of “R” IN NABARD?
(a) Regional
(b) Rural
(c) Reconstruction
(d) Revised
(e) Remittance
Q12. SAT is a statutory body established under the provisions of Section 15K of the Securities and Exchange Board of India (SEBI) Act, 1992. SAT stands for-
(a) Securities Appellate Tribunal
(b) Securities Appellate Treaty
(c) Securities Association Tribunal
(d) Saving Appellate Tribunal
(e) None of the given options is true
Q13. The Securities and Exchange Board of India (SEBI) was established on-
(a) 12th April 1999
(b) 12th April 1992
(c) 12th April 1949
(d) 12th April 1990
(e) 12th April 1995
Q14. FICCI is the largest and oldest apex business organisation in India. (FICCI) was established in-
(a) 1913
(b) 1919
(c) 1927
(d) 1935
(e) 1949
Q15. Which organisation holding the highest/maximum share in NABARD as on 31st March 2015?
(a) Finance Ministry
(b) Government of India
(c) Reserve Bank of India
(d) Securities and Exchange Board of India
(e) None of the given options is true
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