Dear Readers,
Q1. The Bank for International Settlements (BIS) is the world's oldest international financial organisation. BIS was established on-
(a) 26th May 1961
(b) 01st October 1949
(c) 14th February 1914
(d) 21st August 1945
(e) 17th May 1930
Q2. Where is the head office of Bank for International Settlements (BIS)?
(a) Zurich, Switzerland
(b) New York, USA
(c) Basel, Switzerland
(d) Berlin, Germany
(e) Geneva, Switzerland
Q3. Where is headquarter of Federal Bank?
(b) Mumbai
(c) New Delhi
(d) Bengaluru
(e) None of the given options is true
Q4. Which private sector bank was earlier known as UTI Bank?
(a) Axis Bank
(b) ICICI Bank
(c) HDFC Bank
(d) Yes Bank
(e) None of the given options is true
Q5. The rural co-operatives are further divided into short-term and long-term structures. The short-term cooperative banks are tiered operating in different states. These are........?
(a) State Co-operative Banks
(b) District Central Co-operative Banks
(c) Primary Agricultural Credit Societies
(d) All of the above
(e) None of the given options is true
Q6. BSE (formerly known as Bombay Stock Exchange Ltd.), is Asia's first & the Fastest Stock Exchange in world with the speed of 6 micro seconds and one of India's leading exchange groups. BSE Established in-
Q7. NSSO headed by a Director General is responsible for conduct of large scale sample surveys in diverse fields on All India basis. NSSO stands for-
(a) Nominal Sample Survey Office
(b) National Sample Survey Office
(c) National Sample Survey Organisation
(d) National Sample Service Office
(e) National Source Survey Office
Q8. A non performing asset (NPA) is a loan or an advance where, interest and/or installment of principal remain overdue for a period of more than ______ days in respect of a term loan.
(a) 60 days
(b) 70 days
(c) 80 days
(d) 90 days
(e) 100 days
Q9. The Government of India, the concerned State Government and the bank, which had sponsored the RRB contributed to the share capital of RRBs in the proportion of ________________ respectively.
(a) 50%, 15% and 35%
(b) 50%, 35% and 15%
(c) 35%, 50% and 35%
(d) 15%, 50% and 35%
(e) None of the given options is true
Q10. Under which act NPCI was incorporated as a Section 8?
(a) Banking Regulation Act, 1949
(b) Companies Act 2013
(c) Reserve Bank of India Act, 1934
(d) Societies Registration Act, 1860
(e) None of the given options is true
Q11. Name the agency, which is an agency to provide ‘soft-loans’ to developing countries?
(a) Asian Infrastructure Investment Bank (AIIB)
(b) Organization of the Petroleum Exporting Countries (OPEC)
(c) Asian Development Bank (ADB)
(d) World Trade Organization (WTO)
(e) International Development Association (IDA)
Q12. On July 15, 2014 at the sixth summit in Fortaleza, Brazil the member countries signed the Articles for the New Development Bank (NDB). What is the authorised capital of NDB?
(a) USD 200 billion
(b) USD 300 billion
(c) USD 500 billion
(d) USD 100 billion
(e) None of the given options is true
Q13. The first Board of Governors meeting of the BRICS New Development Bank was held in ____________ on July 07th 2015, where the Bank formally came into existence as a legal entity.
(a) Manaus, Brazil
(b) Moscow, Russia
(c) Pretoria, South Africa
(d) New Delhi, India
(e) Beijing, China
Q14. The New Development Bank (NDB) aims to mobilize resources for development projects in BRICS, emerging economies, and developing countries. Where is the headquartered of NDB?
(a) Durban, South Africa
(b) Brasilia, Brazil
(c) Moscow, Russia
(d) Shanghai, China
(e) New Delhi, India
Q15. With an initial funding of $912.7 million, International Development Association (IDA) was launched on-
(a) 24th September 1960
(b) 17th December 1920
(c) 22nd November 1959
(d) 23rd May 1919
(e) 15th October 1945
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