Banking Knowledge for Bank Exams

1. Identify the Basel III norms from following that, recently RBI has extended the timeline for implementation for banks in India ___________.
(a) Minimum regulatory capital requirement
(b) Market discipline
(c) Holding the minimum capital to risk weighted assets ratio to 10.25%
(d) Leverage ratio to 3%
(e) All the above

2. Identify the odd one out from the following benefits of RTGS.
(a) Settlement is immediate
(b) Suited for only lower value transactions
(c) Lowers the settlement risk
(d) Avoids credit risk while settlement
(e) Settled at real time

3. Who all can hire a locker in a bank?
(a) Individuals
(b) Limited companies and societies
(c) Specified associations
(d) Two persons jointly
(e) All the above

4. Expand IFSC ___________.
(a) Indian Financial System Code
(b) Indian Financial Services Code
(c) International Financial Service Code
(d) Interbank Fund Service Code
(e) Indian Financial Security Code

5. Which among the following is known as pre paid negotiable instrument?
(a) Cheque
(b) Promissory note
(c) Bankers cheque/ Pay order
(d) Fixed deposit
(e) None of these










Solutions

1.E
2.B
3.E
4.A
5.C

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