Current Affairs PDF

Banking Awareness Quiz – Set 154

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Hello Aspirants,
Welcome to Banking Awareness Quiz in AffairsCloud.com. Here we are creating quiz covering important questions which are common for all the bank exams and other competitive exams.

  1. T-bills auctions are held on the _______ and the members electronically submit their bids on the system
    A. NDS
    B. CTC
    C. RTGS
    D. NEFT
    E. None of these
    A. NDS
    Explanation:
    T-bills auctions are held on the Negotiated Dealing System (NDS) and the members electronically submit their bids on the system

  2. Treasury bills are available for a minimum amount of _____ 
    A. Rs.25,000
    B. Rs.15,000
    C. Rs.20,000
    D. All of these
    E. None of these
    A. Rs.25,000
    Explanation:
    Treasury bills are available for a minimum amount of Rs.25,000

  3. Treasury bills (T-bills) offer short-term investment opportunities, generally up to _______
    A. 1 year
    B. 2 years
    C. 3 years
    D. 4 years
    E. None of these
    A. 1 year
    Explanation:
    Treasury bills (T-bills) offer short-term investment opportunities, generally up to one year.

  4. State government securities are also known as ____
    A. FCNR
    B. SDL
    C. SB Account
    D. EEFC
    E. None of these
    B. SDL
    Explanation:
    State government securities are also known as State Development Loans (SDLs)

  5. State government securities managed and serviced by _____
    A. GOI
    B. RBI
    C. SEBI
    D. NABARD
    E. None of these
    B. RBI
    Explanation:
    State government securities managed and serviced by RBI.

  6. The tenor of state government securities is normally _____ years.
    A. 5
    B. 4
    C. 10
    D. 15
    E. None of these
    C. 10
    Explanation:
    The tenor of state government securities is normally ten years.

  7. State government securities are available for a minimum amount of _____
    A. Rs. 10000
    B. Rs. 15000
    C. Rs. 20000
    D. All of these
    E. None of these
    A. Rs. 10000
    Explanation:
    State government securities are available for a minimum amount of Rs.10,000.

  8. The auctions for State Government securities are held electronically on _____ module.
    A. PDO – NDS
    B. CTC
    C. RTGS
    D. NEFT
    E. None of these
    A. PDO – NDS
    Explanation:
    The auctions for State Government securities are held electronically on PDO-NDS module.

  9. Three types of treasury bills through auctions, namely ______
    A. 90-day, 182-day and 364-day.
    B. 92-day, 184-day and 362-day.
    C. 93-day, 182-day and 362-day.
    D. 91-day, 182-day and 364-day.
    E. No Restriction
    D. 91-day, 182-day and 364-day.
    Explanation:
    Three types of treasury bills through auctions, namely 91-day, 182-day and 364-day.

  10. There are Central Government dated securities with a tenor up to ____ in the market.
    A. 10 years
    B. 25 years
    C. 30 years
    D. 40 years
    E. None of these
    C. 30 years
    Explanation:
    There are Central Government dated securities with a tenor up to 30 years in the market.