Q2.The Insolvency and Bankruptcy Board of India (IBBI) has registered which company as the first Information Utility?
Answer : Option AExplaination / Solution:
The Insolvency and Bankruptcy Board of India (IBBI) registered National E-Governance Services Limited (NeSL) as an Information Utility (IU) under the IBBI (Information Utilities) Regulations, 2017. This registration is valid for five years from the date of registration.
Q4.As per the Reserve Bank of India guidelines for licensing of Payments Banks and small finance bank, the promoter's minimum initial contribution to the paid-up equity capital of such banks shall at least be _______for the first five years from the commencement of its business.
Answer : Option CExplaination / Solution:
As per the Reserve Bank of India guidelines for licensing of Payments Banks and small finance banks, the promoter's minimum initial contribution to the paid-up equity capital of such banks shall at least be 40 percent for the first five years from the commencement of its business.
Q6.Which of the following types of risks are used in calculation of Capital to Risk (Weighted) Assets Ratio (CRAR)? I. Operational Risk II. Market Risk III. Credit Risk Select the correct option from the given option:
Answer : Option EExplaination / Solution:
Capital Adequacy Ratio (CAR) is also known as Capital to Risk (Weighted) Assets Ratio (CRAR), is the ratio of a bank's capital to its risk. National regulators track a bank's CAR to ensure that it can absorb a reasonable amount of loss and complies with statutory Capital requirements.
Total capital ratio (CRAR) = Eligible Total Capital / RWA for (Credit risk + Market risk + Operational risk)
Q8.Recently World Bank’s arm IBRD signed loan agreement of US$ 119 million for OHEPEE Project. This project is related to which state?
Answer : Option CExplaination / Solution:
Recently World Bank’s arm IBRD signed loan agreement of US$ 119 million for “Odisha Higher Education Programme for Excellence & Equity (OHEPEE) Project.
Q10.Which of the following bank was acquired by HDFC Bank?
Answer : Option CExplaination / Solution:
In 2008, Centurion Bank was acquired by HDFC Bank
The Centurion Bank of Punjab (formerly Centurion Bank) was an Indian private sector bank that provided retail and corporate banking services. It operated on a strong nationwide franchise of 403 branches and had over 5,000 employees. The bank listed its shares on the major Indian stock exchanges and on the Luxembourg Stock Exchange. On 23 May 2008 HDFC Bank acquired Centurion Bank of Punjab.
Total Question/Mark :
Scored Mark :
Mark for Correct Answer : 1
Mark for Wrong Answer : -0.5
Mark for Left Answer : 0