IBPS General Awareness model test paper - 3

IBPS General Awareness model test paper - 3

Q1. Choose the correct options for the following statement:

Basel III Guidelines are based upon three important aspects. These aspects are_____

A. Minimum Capital Requirement, Supervisory Selection Process , and Market Discipline.
B. Minimum Capital Requirement, All types of Risks , and Market Scenario.
C. Minimum Capital Requirement, Supervisory Review Process, and Market Discipline.
D. Minimum Reserve Requirement, Selection Review Process, and Market Scenario.

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Q2. Which option is not correct for below statements?

Operational Risk from external events includes except than ______ .

A. Staff Fraud
B. System failure
C. Non Compliance
D. Equity Risk.

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Q3. Asset Liability Management is the management of the structure of the balance sheet in such a way that interest gain is _______ and risk is ________ .

A. Neutralize, Managed
B. Maximized, Neutralized
C. Maximized, Minimized
D. Earned, Managed.

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Q4. Which Statement is not correct for Universal Banking ?

A. Banks participate directly in the Corporate Governances of firms for fundings.
B. Banks participate directly in the Corporate Governances of firms as Insurance Underwriters.
C. Universal bank is a Financial Supermarket which provides all financial products under one roof.
D. Small sized Banks operate extensive network of branches.

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Q5. Which of the following options is an advantage of Universal Banking ?

A. Better Resource Utilization.
B. Economies of scale would result in greater economic efficiency in the form of higher output and better products.
C. One stop Shopping saves a lot of transaction costs.
D. All of the above.

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Q6. Which option is correct ?

A. RBI announces Monetary policy every year in the End of March.
B. RBI announces Monetary policy every year in the month of April.
C. RBI announces Monetary policy every year in the month of December.
D. RBI announces Monetary policy every year in the month of September.

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Q7. Which options is correct for Commercial papers ?

A. Commercial papers are secured papers.
B. Commercial paper is issued by the Commercial banks.
C. Commercial papers are secured promissory notes.
D. Commercial Papers and Certificate of Deposits have no difference.

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Q8. The Star Series Notes are currently (considering year 2013) issued in _____.

A. Rs. 100, Rs. 500 & Rs. 1000
B. Rs. 10, Rs. 20, Rs. 50 & Rs. 100.
C. Rs. 10, Rs. 100 and Rs. 1000.
D. Rs. 500 and Rs. 1000.

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Q9. SPMCIL is abbreviated as

A. Security Printing and Minting Corporation of India Limited.
B. Simple Printing and Minting Community of India Limited.
C. Sensing Printing and Minting Corporation of India Limited.
D. None of these.

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Q10. An equity index comprises of _______ .

A. Collection of Bonds
B. Basket of Stocks.
C. Index of tradeable debentures.
D. Collection of Bonds and Stocks.

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Q11. Which type of Charge can levy by Depository Participant on Demat Accounts ?

A. Transaction Charge.
B. Account Opening Charge.
C. Annual Maintenance Charge.
D. All of the above.

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Q12. Credit Swap Loan is also known as _____________.

A. Parallel loan.
B. Back to Back Loan.
C. Both A and B.
D. None of these.

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Q13. CRAR is abbreviated as ______________

A. Capital to Risk Weighted And Ratio
B. Capital to Revenue Weighted Assets Ratio
C. Capital to Risk Weighted Assets Ratio
D. Credit to Rate Assets Ratio.

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Q14. In which year Basel Committee was formed ?

A. 2005
B. 2009
C. 1988
D. 1974

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Q15. Which one of the following is not a Credit Rating Agency ?

A. CRISIL
B. FITCH
C. Care
D. ICRA
E. None of these

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Q16. Which options is not correct for following statement ?

Operational Risk refers to the risk of loss from inadequate or failed internal processes, people, systems or external events includes except than _____________

A. Staff fraud
B. Non Compliance
C. Programming errors.
D. Proper Documentation.

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Q17. Which one of the following is a Tier-II Capital ?

A. Investment Fluctuation Reserves
B. Other disclosed free Reserves
C. Debt Capital Instruments
D. Paid up Capital

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Q18. Which one of the following option is not correct for Non Performing Assets ?

A. Any asset including a leased asset , becomes non performing when it ceases to generate income for the bank.
B. The bills those remain overdue for a period of more than 90 days from the end of that particular quarter.
C. Any amount to be received remains overdue for a period of more than 90 days.
D. Any amount to be sanctioned remains overdue for a period of more than 60 days.

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Q19. Which one of the following option is not correct for M Damodran Committee ?

A. Instant blocking of ATM Card through SMS for lost/misused cards.
B. Transition to chip- based card with a photograph.
C. A common toll free number for all banks.
D. No liability on banks for losses in online transactions.

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Q20. Punch Line “Honours yours Trust” is of which Bank ?

A. Bank of India.
B. State Bank of India.
C. UCO Bank
D. Karur Vaisya Bank.

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Q21. T- Bills are also known as

A. Transaction Bills
B. Transferred Bills
C. Treasury Bills.
D. Total Bills.

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Q22. Which one of the following is not an India’s Credit Rating Agency ?

A. ICRA
B. Fitch
C. ONICRA
D. CRISIL
E. None of these

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Q23. Kisan Credit Card Scheme was introduced in the Banks in ______.

A. 2012
B. 2007
C. 1998
D. 2009

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Q24. Maximum Age to Enter in Kisan Credit Card Scheme is _____

A. 45 years
B. 50 years
C. 75 years
D. 70 years

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Q25. Which statement is not correct ?

A. If there are wrong signatures on the bank draft, the Bank is liable.
B. When a draft reaches a payee , the relationship between the purchaser and Bank starts .
C. If a Bank fails to honor the Draft, the bank is liable.
D. None of these.

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