IBPS Banking Awareness
Test your knowledge of banking concepts, RBI regulations, capital requirements, and financial instruments for IBPS and banking examinations.
Questions
Which of the following is/are included in tier-I capital?
- Paid up capital
- Statutory reserve
- Other disclosed free reserves
- Capital reserves
- All of the above
What is/are the main basic pillar(s) of BASEL-III?
- Minimum capital requirement
- Supervisory review process
- Market discipline
- All of the above
- None of these
If a bank is rated with an E by RBI bank rating agencies, then what does it represent?
- Fundamentally sound in every aspect
- Fundamentally sound, but moderate weakness
- Financial or operational weakness
- Serious financial or operational weakness
- Critical financial weakness
Which of the following tools is helpful in controlling the credit expansion in banks?
- Repo
- Reverse repo
- SLR
- MSF
- CRR
Which of the following refers to any change involving an erasure or rewriting in the date, amount or payee of a check or other negotiable instrument?
- Adverse action
- Amortisation
- Alteration
- Annuity
- Appraisal
Which of the following includes shares and debentures?
- Repo
- Commercial paper
- Capital market
- Money market
- None of these
Which of the following is the advantage of financing through SHG?
- Poor individual gains strength
- Reduces transaction costs
- Lenders have to maintain only one single SHG account
- Options (1), (2) and (3)
- None of these
What is the acronym of P in P-notes?
- Purchase
- Participatory
- Permanent
- Public
- Private
Which of the following are risk free assets?
- Housing loans
- Venture capital investments
- Government approved securities
- Loans against jewellery
- All of the above
Suppose a cheque is drawn on 1st January 2014 and bears a date of 2 January 2014. Which type of a cheque is it?
- Anti dated cheque
- Stale cheque
- Post dated cheque
- Crossed cheque
- None of these
Which of the following is termed as 'plastic money'?
- Bearer cheque
- Credit cards
- Demand drafts
- Gift cheques
- All of the above
Money borrowed or lent for one day is called
- call money
- notice money
- term money
- Options (2) and (3)
- None of these
Which of the following is not true with respect to the committees assigned recently by RBI?
- P. J. Nayak - Board of Governance
- Nachiket More - Small banks and Payment banks
- G. Padmanabham - B.B.P.S.
- Depak Mohanty - N.B.F.C. work as BC to banks
- Deepak Mohanty - Data and Information Management in RBI
Who is the chairman of Bandhan Micro Finance Institution which recently got a bank license from RBI?
- Rajiv B. Lall
- Chandra Shekhar Ghosh
- Arun Tiwari
- M.S. Raghavan
- Arun Kaul
Abhedya company had applied for a small bank. Similarly, Navodaya company had applied for a payment bank. Which of the following conditions is not true with reference to a small bank and a payment bank guidelines?
- Abhedya and Navodaya should have paid up a minimum capital of 100 Cr.
- Abhedya and Navodaya should offer both deposit and loan products.
- Navodaya cannot set up subsidiaries to set up NBFC business.
- Navodaya can offer only a limited range of products.
- Abhedya and Navodaya should have at least 10 years of experience in banking and finance.