Banking & Financial Awareness Quiz – Set 138

Banking & Financial Awareness Quiz: We have created many quizzes on Banking Awareness and this set is one of them. These questions are most important for banking and insurance exams. The question asked in the Banking Awareness section are based both on static banking and that to current banking in news. These Banking Awareness sets will guide you in all banking exams like IBPS Clerk, IBPS PO, SBI Clerk, SBI PO, RRB Clerk and PO and other exams.  The set will be beneficial for the Banking and financial awareness section of LIC AAO. So attempt all the sets now.

Banking & Financial Awareness Questions

1. What does ‘bond-i’ stands for?
   A) Blockchain Organised Narrow Denomination Instrument
   B) Blockchain Officiated Network Debt Instrument
   C) Blockchain Oriented New Dealing Instrument
   D) Blockchain Operated New Debt Instrument
   
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   Option D
   
2. Bond-i is world’s first public bond created and managed using only blockchain. It has been launched by___________
   A) World Bank
   B) International Monetary Fund
   C) OECD
   D) World Trade Organisation
   
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   Option A
   
3. Which of these banks is the sole manager of the bond-i?
   A) Industrial & Commercial Bank of China
   B) Commonwealth Bank of Australia
   C) Sberbank of Russia
   D) Goldman Sachs
   
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   Option B
   
4. The concept of Bond-i was introduced in which year?
   A) 2016
   B) 2015
   C) 2018
   D) 2017
   
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   Option C
   Explanation: The World Bank issued bond-i in August 2018, which was the world’s first bond to be created, allocated, transferred and managed through its life cycle using distributed ledger technology. CBA was the sole arranger for the bond.
5. bond-i is world’s first bond to be created, allocated, transferred and managed through DLT. What does DLT denotes?
   A) Distributed Ledger Technology
   B) Digital Lending Technology
   C) Debt Laden Technique
   D) Documented Leveraging Technique
   
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   Option A
   Explanation: bond-i (blockchain operated new debt instrument), the world’s first bond to be created, allocated, transferred and managed through its life cycle using distributed ledger technology.
6. Which of the following ratings has been given to the bond-i bond by World Bank?
   A) AAA+
   B) AA
   C) AA+
   D) AAA
   
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   Option D
   
7. The bond-i bond is issued in which of these currencies?
   A) Australian Dollar
   B) United States Dollar
   C) Canadian Dollar
   D) Singapore Dollar
   
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   Option A
   
8. Bond-i has a maturity period of ____________
   A) 3 years
   B) 2 years
   C) 1 year
   D) 5 years
   
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   Option B
   Explanation: Maturity date – August 28, 2020
9. How much amount has been raised from the sale of bond-i?
   A) AUD 60 million
   B) AUD 150 million
   C) AUD 110 million
   D) AUD 90 million
   
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   Option C
   
10. Bond-i gets its name from a famous beach named Bondi beach which is based in_____________
    A) Switzerland
    B) Canada
    C) United States
    D) Australia
    
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    Option D
    

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