Banking Awareness Quiz – Set 180

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. If a bank is unable to refund the short term deposits as funds are locked in long term loans then it is known as _______
    A. Credit Risk
    B. Market Risk
    C. Liquidity Risk
    D. Operational Risk
    E. All of these
    Answer & Explanation
  2. Which of the following is an industry standards organisation in India in the mutual funds sector?
    A. ARCIL
    B. AMFI
    C. RBI
    D. IBA
    E. None of these
    Answer & Explanation
  3. If a currency note is demonetized, then it takes away the which property of that particular currency.
    A. Value
    B. Exchange Rate
    C. Legal Tender Character
    D. All of these
    E. None of these
    Answer & Explanation
  4. Which of the following is a type of charge created on an insurance policy?
    A. Pledge
    B. Hypothecation
    C. Assignment
    D. All of these
    E. None of these
    Answer & Explanation
  5. Which of the following is a representative body of management of banking in India?
    A. NABARD
    B. IBBI
    C. IBA
    D. All of these
    E. None of these
    Answer & Explanation
  6. The Headquarters of IBA located in _____
    A. Chennai
    B. Bengaluru
    C. Hyderabad
    D. Mumbai
    E. None of these
    Answer & Explanation
  7. Which of the following is a unique institution exclusively focused on Banking Technology?
    A. IBA
    B. BBB
    C. IBBI
    D. IDRBT
    E. None of these
    Answer & Explanation
  8. The Institute for Development & Research in Banking Technology (IDRBT) is established by _____
    A. SEBI
    B. NABARD
    C. RBI
    D. BBB
    E. All of these
    Answer & Explanation
  9. The Institute for Development & Research in Banking Technology (IDRBT) is located in _____
    A. Chennai
    B. Bengaluru
    C. Hyderabad
    D. Mumbai
    E. None of these
    Answer & Explanation
  10. Government constitutes ________ to improve the governance of Public Sector Banks.
    A. IBA
    B. BBB
    C. IBBI
    D. IDRBT
    E. None of these
    Answer & Explanation

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