Current Affairs PDF

Banking Awareness Quiz – Set 159

By
Aruna
-

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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. The minimum maturity period for Rupee denominated bonds will be ______
    A. 3 years
    B. 2 years
    C. 4 years
    D. 5 years
    E. None of these
    A. 3 years
    Explanation:
    The minimum maturity period for Rupee denominated bonds will be 3 years.

  2. Rupee Denominated Bonds can be issued only after obtaining Loan Registration Number(LRN) from the ______
    A. NABARD
    B. SEBI
    C. GOI
    D. RBI
    E. All of these
    D. RBI
    Explanation:
    Rupee Denominated Bonds can be issued only after obtaining Loan Registration Number(LRN) from the RBI.

  3. IFC company should have minimum net-worth of ______ crore.
    A. Rs.100 Crore
    B. Rs.200 Crore
    C. Rs.300 Crore
    D. Rs.400 Crore
    E. None of these
    C. Rs.300 Crore
    Explanation:
    IFC company should have minimum net-worth of Rs.300 crore.

  4. The maximum amount that any eligible borrower can raise through issuance of these bonds under automatic route is __________
    A. INR 50 billion
    B. INR 20 billion
    C. INR 40 billion
    D. INR 30 billion
    E. None of these
    A. INR 50 billion
    Explanation:
    The maximum amount that any eligible borrower can raise through issuance of these bonds under automatic route is INR.50 Billion.

  5. Which of the following were issued in the name of Capital Indexed Bonds(CIBs) during 1997?
    A. Inflation Indexed Bonds(IIBs)
    B. Interest Indexed Bonds(IIBs)
    C. Individual Indexed Bonds(IIBs)
    D. Internal Indexed Bonds(IIBs)
    E. None of these
    A. Inflation Indexed Bonds(IIBs)
    Explanation:
    Inflation Indexed Bonds(IIBs) were issued in the name of Capital Indexed Bonds (CIBs) during 1997.

  6. The CIBs issued in 1997 provided inflation protection only to __________
    A. Principal
    B. Interest
    C. Assets
    D. All of these
    E. None of these
    A. Principal
    Explanation:
    The CIBs issued in 1997 provided inflation protection only to principal and not to interest payment.

  7. New product of IIBs will provide inflation protection to __________
    A. Principal
    B. Interest
    C. Assets
    D. Both (A) and (B)
    E. Both (B) and (C)
    D. Both (A) and (B)
    Explanation:
    New product of IIBs will provide inflation protection to both principal and interest payments

  8. Which of the following will be the maturity of IIBs?
    A. 5 years
    B. 7 years
    C. 9 years
    D. 10 years
    E. None of these
    D. 10 years
    Explanation:
    Inflation Indexed Bonds(IIBs) will be issued for 10 years.

  9. IIBs are G-Sec, they can be tradable in the __________ market like other G-Secs.
    A. Primary
    B. Secondary
    C. Main
    D. All of these
    E. None of these
    B. Secondary
    Explanation:
    Inflation Indexed Bonds(IIBs) are G-Sec, they can be tradable in the secondary market like other G-Secs

  10. IIBs are eligible for _______ status
    A. CRR
    B. SLR
    C. Reverse Repo
    D. All of these
    E. None of these
    B. SLR
    Explanation:
    Inflation Indexed Bonds(IIBs) would automatically get SLR status.





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