Night Class: General Awareness Quiz

1. World's oldest international financial organization is the Bank for International Settlements (BIS). It was established on 17 May ........

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 .........

2) Switzerland

4. BIS has representative office for Asia and the Pacific in .........

2) Hong kong

5) Switzerland

5. BIS has representative office for American nations in .........

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 of 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 counterparty 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

9. Which Indian is one of the Board of Directors in BIS (Bank for 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 .........

4) New Delhi

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