Banking Awareness Quiz

Banking Awareness Quiz – Set 260: 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. A company that carries on the business of a financial institution as its principal business is known as?
   A) Bank
   B) AIFI
   C) NBFC
   D) Regulator
   
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     Option C
   Explanation: NBFC
2. __________ means financial intermediation outside the reach of standard regulation.
   A) Soft banking
   B) Shadow banking
   C) Grey Banking
   D) Irregular Banking
   
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     Option B
   Explanation: A shadow banking system is the group of financial intermediaries facilitating the creation of credit across the global financial system but whose members are not subject to regulatory oversight
3. ______________ is a global organization that regulates and makes recommendations regarding the global financial system.
   A) G20
   B) IMF
   C) ADB
   D) Financial Stability Board
   
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   Option D
   Explanation: The Financial Stability Board is an international body that monitors and makes recommendations about the global financial system. It was established after the G20 London summit in April 2009 as a successor to the Financial Stability Forum.
4. The non traditional banking activities like mutual funds business, insurance business, merchant banking activities are known as?
   A) Shadow banking activities
   B) Para banking activities
   C) Factoring
   D) Regulator banking
   
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   Option B
   Explanation: Para banking activities
5. _____________ is money, technical, or managerial expertise provided by investors to startup firms with long-term growth potential.
   A) Venture Capital
   B) Angel Capital
   C) Managerial Capital
   D) Credit Capital
   
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   Option A
   Explanation: Venture Capital is money, technical, or managerial expertise provided by investors to startup firms with long-term growth potential.
6. What is the priority sector lending target for Regional Rural Banks?
   A) 40% of ANBC
   B) 75% of ANBC
   C) 33% of ANBC
   D) 8.5% of ANBC
   
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   Option B
   Explanation: 75% of ANBC
7. Who regulates Venture Capital Fund Company in India?
   A) RBI
   B) SEBI
   C) Ministry of Finance
   D) IRDAI
   
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   Option B
   Explanation: Securities and Exchange Board of India (SEBI)
8. In which year was ING Vyasa Bank merged with Kotak Mahindra Bank?
   A) 2014
   B) 2008
   C) 2010
   D) 2012
   
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   Option A
   Explanation: In 2014
9. At present how many credit rating agencies in India are registered with SEBI?
   A) 5
   B) 6
   C) 7
   D) 8
   
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   Option C
   Explanation: seven
10. What was the minimum bid allowed in the LTRO operation of RBI?
    A) Rs 50 lakh
    B) Rs 1 crore
    C) Rs 5 crore
    D) Rs 10 crore
    
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    Option B
    Explanation: Minimum Bid= Rupees one crore and multiples thereof. (same for TLTRO)

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