Banking Awareness for IBPS PO and Clerk Exam 2018
Q1. DBOD is entrusted with the responsibility of regulation of commercial banks under the regulatory provisions contained in the Banking Regulation Act, 1949 and RBI Act, 1934 besides enunciation of banking policies. What is the full form of DBOD?
(a) Department of Banking Operations & District
(b) Department of Banking Operations & Development
(c) Department of Banking Operations & Division
(d) Department of Branches Operations & Development
(e) Department of Banking Order & Development
Q2. The functions of DBOD is broadly relate to prescription of regulations for compliance with various provisions of Banking Regulation Act on establishment of banks such as-
(a) Investments and loans
(b) Maintenance of statutory liquidity
(c) Issue of guidelines on Prudential Norms relating to Capital Adequacy
(d) Management and operations
(e) All of the given options is true
Q3. CFRA is a unique document that incorporates comparable information relating to the accounts of the Union and all the States for a year, together with their balances and outstanding liabilities and other information relating to the financial health of the Union and the States. CFRA stands for-
(a) Combined Finance and Revenue Accounts
(b) Common Finance and Revenue Accounts
(c) Combined Funding and Revenue Accounts
(d) Combined Finance and Review Accounts
(e) Combined Finance and Revenue Agency
Q4. The CGRA is the unrealized gain/loss in the value of gold and foreign exchange RBI holds based on movements in their value which is not considered in the income account but taken as a balance-sheet item. What is the full form of CGRA?
(a) Currency and Gold Revaluation Amount
(b) Currency and Gold Registration Account
(c) Current and Gold Revaluation Account
(d) Currency and Gold Revaluation Account
(e) Convertible and Gold Revaluation Account
Q5. The __________________________ has the responsibility of administering the functions of currency management, a core function of the Reserve Bank in terms of the Reserve Bank of India Act, 1934.
(a) Derivative of Currency Management
(b) District of Currency Management
(c) Department of Currency Management
(d) Department of Currency Manager
(e) Department of Current Management
Q6. IndusInd Bank Limited is a _____________ based Indian new generation bank, established in 1994.
(e) New Delhi
Q7. The City Union Bank Limited is an Indian bank. Where is the Headquarters of City Union Bank Limited?
(a) West Bengal
(d) Andhra Pradesh
(e) Tamil Nadu
Q8. The Karnataka Bank Limited is a scheduled commercial banking institution based in-
Q9. Lakshmi Vilas Bank was founded in 1926 by a group of seven progressive businessmen of Karur under the leadership of Shri VSN Ramalinga Chettiar. Where is the Corporate office of Lakshmi Vilas Bank?
Q10. Where is the Corporate Office of Axis Bank?
(b) New Delhi
Q11. The Australia and New Zealand Banking Group Limited, commonly called ANZ. It is based in-
(a) Canberra, Australia
(b) Wellington, New Zealand
(c) Sydney, Australia
(d) Auckland, New Zealand
(e) Melbourne, Australia
Q12. Where is the headquarters of Westpac Banking Corporation?
(a) New Zealand
Q13. Sonali Bank Limited is a state-owned leading commercial bank, based in-
Q14. The Bank of Nova Scotia, operating as Scotiabank, is a _______________ multinational bank.
Q15. BNP Paribas is an international banking group. BNP Paribas based in-
(a) South Africa