Important Banking Awareness Quizzes (Topic Wise) Day-159

Important Banking Awareness Quizzes (Topic Wise) Day-159:

Dear Readers, Here we have provided the Important Banking Awareness Quizzes based on particular topic, which will help to understand and prepare in a better way. Candidates those who are preparing for upcoming IBPS/SBI Exams 2018 can make use of it.

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Daily Practice Test Schedule | Good Luck

1. In FATF, “A” stands for ____________

1. Agency
2. Asset
3. Account
4. Annual
5. None of these

2. In CEPA, “C” stands for ____________

1. Cooperation
2. Corrective
3. Currency
4. Commercial
5. None of these

3. In ANBC, “C” stands for ____________

1. Cash
2. Company
3. Control
4. Credit
5. None of these

4. In IMT, “T” stands for ____________

1. Tax
2. Transparency
3. Transfer
4. Traded
5. None of these

5. In BIRD, “D” stands for ____________

1. Development
2. Debt
3. Data
4. Default
5. None of these

6. In DRAT, “T” stands for ____________

1. Transfer
2. Tribunal
3. Traded
4. Transfer
5. None of these

7. In SEPA, “S” stands for ____________

1. Payments
2. Permanent
3. Provision
4. Public
5. None of these

8. In CBLO, “O” stands for ____________

1. Offer
2. Organisation
3. Obligation
4. Online
5. None of these

9. In IRR, “I” stands for ____________

1. Immediate
2. Internal
3. Insolvency
4. Interest
5. None of these

10. In MDB, “M” stands for ____________

1. Micro
2. Marginal
3. Merchant
4. Multilateral
5. None of these

11. CECA stands for ____________

1. Comprehensive Electronic Cooperation Agreement
2. Comprehensive Economic Commercial Agreement
3. Comprehensive Economic Corporate Agreement
4. Comprehensive Economic Cooperation Association
5. None of these

12. AIFI stands for ____________

1. All India Fixed Institutions
2. All India Financial Institutions
3. All India Foreign Institutions
4. All India Fiscal Institutions
5. None of these

13. CORE stands for ____________

1. Centralized Online Real-time Exchange
2. Centralized Offline Real-time Exchange
3. Centralized Operational Real-time Exchange
4. Centralized Official Real-time Exchange
5. None of these

14. BCBS stands for ____________

1. Basel Committee on Balance Supervision
2. Basel Committee on Basic Supervision
3. Basel Committee on Banking Service
4. Basel Committee on Banking Supervision
5. None of these

15. BCBDA stands for ____________

1. Basic Savings Bank Demand Account
2. Basic Savings Bank Debt Account
3. Basic Savings Bank Deposit Account
4. Basic Savings Bank Domestic Account
5. None of these

Answers:

1. FATF – Financial Action Task Force

A – Action

Correct Answer is: e)

2. CEPA – Comprehensive Economic Partnership Agreement

C – Comprehensive

Correct Answer is: e)

3. ANBC – Adjusted Net Bank Credit

C – Credit

Correct Answer is: d)

4. IMT – Instant Money Transfer

T – Transfer

Correct Answer is: c)

5. BIRD – Bankers Institute of Rural Development

D – Development

Correct Answer is: a)

6. DRAT – Debt Recovery Appellate Tribunal

T – Tribunal

Correct Answer is: b)

7. SEPA – Single Euro Payments Area

P – Payments

Correct Answer is: a)

8. CBLO – Collateralized Borrowing and Lending Obligation

O – Obligation

Correct Answer is: c)

9. IRR – Internal Rate of Return

I – Internal

Correct Answer is: b)

10. MDB – Multilateral Development Banks

M – Multilateral

Correct Answer is: d)

11. CECA – Comprehensive Economic Cooperation Agreement

Correct Answer is: e)

12. AIFI – All India Financial Institutions

Correct Answer is: b)

13. CORE – Centralized Online Real-time Exchange

Correct Answer is: a)

14. BCBS – Basel Committee on Banking Supervision

Correct Answer is: d)

15. BCBDA – Basic Savings Bank Deposit Account

Correct Answer is: c)

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