Banking Quiz.

Banking Awareness Quiz – Set 206

Banking 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. So attempt all the sets now.

  1. Which of the following Condition(s) is/are satisfied by Systematically Important Core Investment Company(CIC-ND-SI)?
    A) It does not accept Public Funds
    B) It is a NBFC with asset size of Rs.100 and above
    C) It holds less than 90% of its net assets in the form of investment in equity shares, bonds.
    D) All of the Above
    View answer
      Option B.
    Explanation:It is a NBFC with asset size of Rs.100 and above .
  2. Systematically Important Core Investment Company(CIC-ND-SI)/ CICs can not accept ________
    A) Public Fund
    B) Deposit
    C) Public Deposit
    D) Both (B) and (C)
    View answer
      Option D.
    Explanation
    :Both (B) and (C).
  3. CICs having asset size of _________are exempted from registration and regulation from the RBI
    A) Below Rs 100 crore
    B) Above Rs 100 crore
    A) Below Rs 50 crore
    B) Above Rs 50 crore
    View answer
      Option B.
    Explanation:Above Rs 100 crore.
  4. CICs are permitted to invest Liquid Fund Schemes (Mutual Funds) with maturity of less than ____ days.
    A) 51
    B) 71
    C) 61
    D) 91
    View answer
    Option D.
    Explanation: 91.
  5. CICs/CIC-ND-SI holds not less than 90% of its net assets in the form of investment in _________
    A) equity shares
    B) bonds
    C) debentures
    D) All of the Above
    View answer
    Option D.
    Explanation:All of the Above.
  6. Mortgage Guarantee Company(MGC) has a minimum Net Owned Funds of _______
    A) 100 Crore
    B) 150 Crore
    C) 250 Crore
    D) 300 Crore
    View answer
      Option A
    Explanation:100 Cr.
  7. _______is financial institution through which promoter / promoter groups will be permitted to set up a new bank.
    A)  Investment Company(IC)
    B) Loan Company(LC)
    C) Infrastructure Finance Company(IFC)
    D) Non-Operative Financial Holding Company (NOFHC
    View answer
      Option D.
    Explanation: Non-Operative Financial Holding Company (NOFHC) .
  8. Infrastructure Finance Company (IFC) has a minimum Net Owned Funds of _______
    A) 100 Crore
    B) 150 Crore
    C) 250 Crore
    D) 300 Crore
    View answer
      Option D.
    Explanation: 300 Cr.
  9. Where is the headquarters of SIDBI?
    A) Bangalore
    B) New Delhi
    C) Mumbai
    D) Lucknow
    View answer
    Option D.
    Explanation:
    Lucknow.
  10. _______is an NBFC which deploys at least 75 percent of its total assets in infrastructure loans.
    A) Investment Company (IC)
    B) Loan Company (LC)
    C) Infrastructure Finance Company (IFC)
    D) Asset Finance Company (AFC)
    View answer
      Option C
    Explanation:. Infrastructure Finance Company (IFC).

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