Banking Awareness Quiz 2015 – Set 18



Hello and welcome to ExamPundit. Here is a set of Banking Awareness Quiz especially for IBPS PO Mains.

1. Which one of the
following is an example for Long Term Investment Option?
1) Fixed deposit
2) Money market
3) Public provident fund
4) Saving accounts
5) None of these
2. Which of the
following is not the quantitative tool of the Reserve Bank of India (RBI)?
1) OMO
2) Reserve ratios
3) Rationing of credit
4) Statutory Pre-emption
5) None of these
3. In which year,
Insurance Regulatory and Development Authority (IRDA) was constituted?
1) 1999
2) 1998
3) 1997
4) 1996
5) 1992
4. Which of the
following is used by RBI for sterilization of the Capital Inflows?
1) Base Rate System
2) CRAR Obligations
3) Open Market Operations
4) Credit Authorization Scheme
5) None of these
5. In India,
Infrastructure Debt Fund can be established as a Trust or a company. Which of
the following
regulated the
Infrastructure Debt Fund set up as a trust?
1) SEBI
2) RBI
3) IRDA
4) Ministry of Corporate Affairs
5) IFCI
6. How do we label
the risk of collapse of an entire financial system or entire market?
1) Seismic Risk
2) Systemic Risk
3) Systematic Risk
4) Market Risk
5) None of these
7. How many parties
primarily involved in a Promissory Note?
1) Two
2) Three
3) Four
4) Five
5) six
8. When two or more
distinct insurance policies combined into a single contract, it is known as
1) CMO
2) Package Policy
3) Mortgage Insurance
4) Micro Insurance
5) None of these
9. RBI takes “Prompt
Corrective Action” when a bank is faced to?
1) Market Risk
2) Credit Risk
3) Liquidity Risk
4) Low Capital Adequacy
5) None of these
10. Which of the
following bank’s head office is not located in New Delhi?
1) Punjab National bank
2) Punjab and Sind bank
3) Bank of India
4) Bharatiya Mahila Bank
5) None of these



Regards

Team ExamPundit

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