Banking Awareness Quiz: Set 306

Banking Awareness Quiz

Dear Readers, Welcome to the 2021 Daily Banking Awareness Quiz Question & Answers Section of ExamsCart. Banking Awareness Quiz will Boost Your Banking Awareness Section.

The Banking Awareness Section of Banking Exams covers various segments in it like Banking Awareness, Static GK, In any case, the most imperative thing that you may have seen is that both the Banking Awareness and Static Awareness questions asked in the Banking Awareness Section depend on Current Banking Affairs as it were.

Here is a test on Banking Awareness to give you a chance to survey your Banking Awareness Knowledge. This post contains important Banking Awareness Quiz. A brief explanation of every Quiz is provided to further enhance your general knowledge. 

Banking Awareness Quiz: Set 306

1. Basel III norms to be implemented from March 31, 2015 in phases and would be fully implemented as on ______

1. March 31, 2016
2. March 31, 2017
3. March 31, 2018
4. March 31, 2019
5. None of these

2. What are the objectives / aims of the Basel III measures?

1. Improve the banking sector’s ability to absorb ups and downs arising from financial and economic instability
2. Improve risk management ability and governance of banking sector
3. Strengthen banks’ transparency and disclosures
4. All of the above
5. Only option 2 & 3

3. What are the major changes proposed in Basel III over earlier accords i.e. Basel I and Basel II?

1. Better Capital Quality
2. Minimum Common Equity and Tier 1 Capital Requirements
3. Leverage Ratio
4. Liquidity Ratios
5. All of the above

4. The minimum requirement for common equity, the highest form of loss-absorbing capital, has been raised under Basel III from 2% to _____ % of total risk-weighted assets.

1. 4%
2. 3%
3. 3.5%
4. 4.5%
5. 5%

5. Printing of currency notes in India is done on the basis of MRS. MRS stands for ______.

1. Minimum Rate Setting
2. Maximum Reserve System
3. Minimum Reserve System
4. Maximum Ratio System
5. None of these

6. MRS system is applicable in India since ______.

1. 1957
2. 1963
3. 1935
4. 1949
5. None of these

7. According to MRS system, the Reserve Bank of India has to maintain assets of at least ________ all the time.

1. Rs.100 crore
2. Rs.200 crore
3. Rs.500 crore
4. Rs.250 crore
5. Rs.300 crore

8. Sources of Inflow of Dollars in India are ______.

1. Payment received for Indian export
2. External Remittances sent by Indian workers working abroad
3. Foreign students who come to study in India also bring dollars
4. Government borrowings from the international institutions and rich countries
5. All of the above

9. Which of the following is not a Printing of Security Papers and Minting in India?

1. India Security Press
2. Security Printing Press
3. Bank Notes Press
4. Coin Press of India
5. Modernised Currency Notes Press

10. Currency Notes Press (Nasik Road)— Since 1991, this press didn’t prints currency notes of ______.

1. Rs. 1
2. Rs. 2
3. Rs. 5
4. Rs. 10
5. Rs. 20

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