General & Banking Awareness Bits for IBPS Exams

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Hi friends, I am Shravan Varma Gadiraju. An IBPS Banking aspirant. I don't attend any coaching centres. I only prepare from websites like Gr8 and local news papers. Now a days what I have found was, so many local news papers have been sharing GK practice sets for Bank Exams. To my surprise we can see most of the questions in IBPS exams are from these sets only. So I have decided to share the questions which I prepared from these papers, so that it will be beneficial to others also. Hope you will like it. If you like these bits, I will post more. Happy reading :)

1. World's oldest international financial organisation is the bank for international settlements (BIS). It was established on 17th May _______
   1. 1919
   2. 1966
   3. 1930
   4. 1945
   5. 2014
2. By 31 March 2015, the BIS has membership of how many central banks, representing countries from around the world that together make up about 95% of world GDP?
   1. 100 member
   2. 60 member
   3. 28 member
   4. 160 member
   5. None of above
3. Bank for International Settlements (BIS) head office located at Basel in
   1. Sweden
   2. Switzerland
   3. France
   4. Italy
   5. USA
4. BIS has representative office for Asia and the Pacific in _______
   1. India
   2. Hong kong
   3. China
   4. Japan
   5. Switzerland
5. BIS has representative office for American nations in _______
   1. USA
   2. Mexico
   3. Canada
   4. Chile
   5. Peru
6. Which of the following options reflects the mission of BIS (Bank for International Settlements)
   1. It fosters discussion and facilitating collaboration among central banks.
   2. It carries out research and policy analysis on issues or relevance for monetary and financial stability
   3. It serves as an agent or trustee in connection with international financial operations.
   4. It is acting as a prime counterpart for central banks in their financial transactions.
   5. All of the above options reflect the mission of BIS.
7. Which of the following banking activity not discharged by BIS?
   1. It accepts deposits from  individuals.
   2. It provide loans to individuals.
   3. It provide financial services to private individuals and corporate entities.
   4. It provide locker facilities to all citizens of the member nations.
   5. All of the above banking activities not  discharged by BIS.
8. BIS board of Directors meet continuously for the smooth working of BIS. BIS chairman is ________
   1. Christine Legarde
   2. Christian Noyer
   3. Stephen S Poloz
   4. Ignazio Visco
   5. None
9. Which Indian is one of the Board of Directors in BIS (Bank of International Settlements)?
   1. Narendra Modi
   2. Arun Jaitley
   3. Raghuram Rajan
   4. Arvind Subramanyam
   5. Rajiv Meharshi
10. 85th Annual General Meeting of BIS held on 28th June 2015 at _______
    1. Berlin
    2. Tokyo
    3. Basel
    4. New Delhi
    5. Mexico
11.  BCBS provodes a forum for regular cooperation on banking supervisory matters. Its objective is to enhance understanding of key supervisory issues and improve the quality of banking supervision worldwide. BCBS stands for _____________
    1. Basel Committee on Bar Code Supervision
    2. Basel Committee on Banking Supervision
    3. Basel Commission on Bankign Supervision
    4. Basel Committee on Banking Statistics 
    5. None of these 
12. Who heads Basel Committee on Banking Supervision ?
    1. Mervyn King of England
    2. Fabio Panetta of Italy 
    3. Stefan Ingves of Swedan 
    4. Alexandre Tombini of Brazil
    5. None of these
13. The BASEL II committee recommendations given below. Pick up correct one.
    1. BASEL II committee combined all the types of banking risks into three categories. 
    2. They are Credit risk, market risk and operations risk
    3. The committee identified three pillars of risk management 
    4. The pillars are Minimum capital requirement (also called Capital Adequacy Ratio), Supervisory review process and Market discipline
    5. All of above
14. Capital Adequacy Ratio (CAR) means __________
    1. a ratio of bank's Profits to its risk 
    2. a ratio of central bank's deposits to its risk 
    3. a ratio of bank's capital to its risk
    4. a ratio of bank's capital to its total deposits 
    5. None 
15. CAR also known as CRAR. CRAR stands for ________
    1. Capital to Round Weighted Assets Ratio 
    2. Core to Risk Weighted Assets Ratio 
    3. Capital to Risk Weighted Assets Ratio 
    4. Capital to Risk Weighted Average Ratio 
    5. None of these
16. Tier I capital and Tier II capital details are given. Pick up correct one
    1. Tier I capital includes equity capital and disclosed reserves also 
    2. Usually the stock under Tier I capital is not irredeemable and Non-Cumulative
    3. Tier II capital is a Secondary bank capital that includes items such as undisclosed reserves, general loss reserves 
    4. Tier II capital includes subordinated term debt also 
    5. All of above 
17. Basel III norms fully implemented by 1st January 2019 by the member nations banks, but RBI said it is giving little bit relaxation to Indian Banks, which must fully implement the BASEL III norms by ?
    1. 31st March 2020
    2. 31st March 2019
    3. 31st March 2025
    4. 30th September 2014
    5. None
18. As per Basel III, banks would be required to maintain Capital Adequacy Ratio of _____________ including Capital Conservation Buffer (CCB) ?
    1. 11.5%
    2. 10.5%
    3. 9.5%
    4. 8.5%
    5. 12.5%
19. As per Basel III norms, totla tier I capital Ratio woudl be _________
    1. 9.5 per cent
    2. 4.0 percent
    3. 10.5 percent 
    4. 11.75 percent
    5. 14.5 percent
20. Atal Mission for Rejuvenation and Urban Transformation (AMRUT) launched to develop infrastructure in how many cities and towns ?
    1. 500
    2. 1000
    3. 150
    4. 200
    5. 300

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