MARUTHI SCHOOL OF BANKING (MSB)

IMPORTANT GK (M3) - 2019

1.RBI implemented the Basel-III recommendations risks?

in India w.e.f______ A)Credit risk and Operational risk
A) January 1, 2013 B)Credit risk and Market risk
B) March 31, 2013 C)Market Risk and Operational Risk
C) April 1, 2013 D)Credit Risk, Market risk and Operational risk
D) September 30, 2013
Basel III implementation began w.e.f. April 1, 2013. 6.As per the Basel III implementation in India,
Reserve Bank issued Guidelines based on the Basel minimum Tier 1 capital must be _____ % of risk
III reforms on capital regulation on May 2, 2012, to weighted assets on ongoing basis
the extent applicable to banks operating in India. A)5.5%
Banks have started implementing the guidelines B)7%
from April 1, 2013 in India in a phased manner. C)9%
D)11%
2.Basel III recommendations shall be completely Tier 1 capital must be at least 7% of RWAs on an
implemented in India by_______ ongoing basis.
A) March 31, 2020
B) March 31, 2019 7.Which of the following statements is not correct
C) March 31, 2018 regarding Basel III implementation in India?
D) March 31, 2021 A)Minimum Tier 1 capital ratio should be 8%
The Basel III guidelines are expected to be B)Maximum Tier 2 capital should be 2%
fully implemented by March 31, 2019. C)Minimum total capital ratio should be 9%
D)Minimum total capital ratio plus capital
3.Basel III capital regulations were released by conservation buffer should be 11.5%
Basel Committee on Banking Supervision (BCBS) Banks are required to maintain a minimum Pillar 1
as a Global Regulatory Framework for more Capital to Risk-weighted Assets Ratio (CRAR) of
resilient banks and banking systems 9% on an on-going basis
on______________
A)December2010 8.The net stable funding ratio (NSFR) under Basel-
B)March2011 III was implemented in India from_______
C)December2011 A) January1, 2017
D)December2012 B) April1,2017
The BCBS released comprehensive reform package C) January1,2018
entitled “Basel III: A global regulatory framework D) April1,2018
for more resilient banks and banking systems”
(known as Basel III capital regulations) The Reserve Bank proposed to make NSFR
in December 2010. applicable to banks in India from January 1, 2018.
9.As per Basel III, the risk of losses in on-balance
4.Basel III capital regulations are based on 3 sheet and off-balance sheet positions arising from
mutually reinforcing pillar. These pillars are: movements in market prices is called___________
I.Minimum Capital Standards A)CreditRisk
II. Supervisory Review of Capital Adequacy B)MarketRisk
III. Risk Management C)PricingRisk
A) Only I & II D)Liquidity Risk
B) Only I & III Market Risk is the risk of losses in on-balance sheet
C) Only II & III and off-balance sheet positions arising from
D) All are correct movements
The third pillar is Market Discipline in market prices

5.To calculate capital adequacy ratio, the banks are 10.Which among the following are domestic credit
required to take into account which of the following rating agencies approved by RBI for the purpose of
creditrating to determine risk weight for rated
exposures? for cheque
I. Brickwork facility?
II. CARE A) Rs 500
III. FITCH B) Rs 100
IV. SMERA C) Rs 1000
A) II AND IV D) Rs 200
B) I, II, III, IV Rs 500 should be maintained in account so as to
C) I, II, IV continue getting benefits of cheque facility.
D) II, III, IV
Fitch is in New York 16.What is the minimum balance required to be
maintained in the Savings Account in Post Office in
11.What is the rate of interest offered by Post Office case of non – cheque facility account?
Saving Bank? A) Rs 20
A) 5% B) Rs 10
B) 4.5% C) Rs 50
C) 4% D) Rs 100
D) 5.5% Rs 50 in case of non – cheque facility account.
Monopoly is when the production of a good or
service with no close substitutes is carried out by a 17. In Post Office, joint account can be opened by
single firm with the market power to decide the ___________ adults.
price of its output. A) two only
B) three or four
12.What is the minimum amount required to get C) two or four
open a Savings Account in Post Office? D) two or three
A) Account can be opened with Nil Amount Joint account can be opened by two or three adults.
B) Rs 10
C) Rs 50 18.What is the minimum age required to get open a
D) Rs 20 savings Account in Post Office?
Rs 20 A) 10
There is no maximum limit to be deposited in B) No minimum age
Account. C) 18
D) 21
13.In case of a Savings Account in Post Office, Account can be opened in the name of minor and a
what maximum amount of interest earned per year minor of 10 years and above age can open and
on Deposited money is tax free? operate the account.
A) Rs 5,000
B) Rs 10,000 19.Which of the following is true in regard to Post
C) Rs 12,000 Office Saving Account?
D) Rs 8,000 (i) Account can be opened by cash only.
Up to INR 10,000/- per year from financial year (ii) Nomination facility is available at the time of
2012-13 opening and also after opening of account.
(iii) Account can be transferred from one post office
14.To avail the facility of Cheque in Savings to another.
Account in Post office, what minimum amount is (iv) Single account can be converted into Joint and
required to Getopen an account? Vice Versa.
A) Rs 500 (v) One account can be opened in one post office.
B) Rs 100 A) Only (i), (iii) and (v)
C) Rs 1000 B) Only (i), (iv) and (v)
D) Rs 200 C) Only (ii), (iii), (v)
In case of a savings account, it is Rs 20. And to D) All (i), (ii) , (iii), (iv) and (v)
avail cheque facility for the same account, it is Rs All the five points about POSB Account are
500 correct. ATM facility is also available.

15.What is the minimum balance required to be 20.In a Post Office Savings Bank (POSB) Account,
maintained in the Savings Account in Post Office at least _____ transaction of deposit or withdrawal
in _____ financial years is necessary to keep the
account active.
A) 1, 2
B) 1, 3
C) 2, 3
D) 2, 1
At least one transaction of deposit or withdrawal in
three financial years is necessary to keep the
account active
21.Where is Centre for Advanced Financial
Research and Learning (CAFRAL) situated?
A) Jaipur
B) Ahmedabad
C) Pune
D) Mumbai
The Centre for Advanced Financial Research and
Learning (CAFRAL) is an independent body set up
by the Reserve Bank of India (RBI) in the backdrop
of India’s evolving role in the global economy, in
the financial services sector and its position in
various international fora, and to develop into a
world class global institution for research and
learning in banking and finance. The Governor of
RBI is the Chairman of the Governing Council of
CAFRAL.
22.Where is College of Agricultural Banking
(CAB) situated?
A) Pune
B) Hyderabad
C) Mumbai
D) Bengaluru
College of Agricultural Banking is an ISO 9001:
2008 Certified Training Institute of Reserve Bank
of India.
In keeping up with its developmental mandate
seldom seen in the Central Banking circle across the
globe,Reserve Bank of India (RBI) established the
Co-operative Bankers Training College (CBTC) at
Pune on September 29, 1969 to train the higher
levelpersonnel of State, Central and Urban Co
operative Banks.
23.Where is Indira Gandhi Institute of Development
Research situated?
A) Nashik
B) Mumbai
C) New Delhi
D) Gurugram
Mumbai
Indira Gandhi Institute of Development Research
(IGIDR), Mumbai is an advanced research
Institution established by The Reserve Bank of
India in 1987 on the occasion of its golden jubilee.
The Institute’s mission is to carry out research on
developmental issues from a multi-disciplinary
point of view. It has one of the largest Social
Sciences libraries in Asia. The institute has an
M.Phil./Ph.D. programme in mDevelopment
Studies and also an MSc programme in Economics.
24.Where is Institute for Development and
Research in Banking Technology (IDRBT)
situated?
A) Mumbai
B) Mangalore
C) Hyderabad
D) Bhopal
The Institute for Development & Research in
Banking Technology (IDRBT) is a unique
Institution exclusively focused on Banking
Technology. Established by the Reserve Bank of
India (RBI) in 1996, the
Institution works at the intersection of Banking and
Technology. It is located in Hyderabad, India.
25.Where is Joint India-IMF Training Programme
(ITP) centre situated?
A) Pune
B) Vadodara
C) Bhopal
D) Kolkata
Pune
Launched on May 1, 2006, the Joint India-IMF
Training Programme (ITP) is a cooperative venture
of the International Monetary Fund (IMF) and the
Reserve Bank of India (RBI).
26.Where is National Centre for Finance Education
(NCFE) situated?
A) Gurugram
B) Nashik
C) Mumbai
D) Noida
The National Centre for Financial Education
(NCFE), comprising representatives from all
financial sector regulators i.e. Reserve Bank of
India (RBI), Securities Exchange Board of India
(SEBI), Insurance Regulatory and Development
Authority of India (IRDAI), Pension Fund
Regulatory and Development
Authority (PFRDA) and National Institute of
Securities Markets (NISM), has been set up to
Implement National Strategy for Financial
Education (NSFE), under the guidance of a
Technical Group on Financial
Inclusion and Financial Literacy of the Financial
Stability and Development Council (FSDC), which
Would cater to all sections of the population in the
country. and n left sides (For visually impaired)

27.Where is LSE India Observatory situated? 32.How many languages are used for writing the
A) Russia denomination of Rs 200 bank note?
B) Japan A) 17
C) USA B) 14
D) UK C) 15
The India Observatory, set up in 2006, is a Centre to D) 16
develop and enhance research and programmes 17 languages in Rs 50, Rs 2000 and Rs 500 new
related to India’s economy, politics and society. bank note also
The IG Patel Chair and the India Observatory (IO) On the obverse, the denomination is written in
were established in 2006, in partnership with the English and Hindi. On the reverse is a language
Reserve panel which displays the denomination of the note
Bank of India (RBI) and the State Bank of India in 15 of the 22 official languages of India.
(SBI), in honour of Dr IG Patel, a greatly
distinguished 33.What is the dimensions of Rs 200 bank note?
Indian and internationally renowned economist and A) 66mm × 146mm
public servant. He had been Director of LSE (1984 - B) 63mm × 150mm
1990) and Governor of the RBI (1977 – 1982). C) 66mm × 166 mm
LSE – London School of Economics. D) 63mm × 166 mm

28.Where is Bankers’ Institute of Rural 34.What is the dimensions of Rs 50 bank note

Development (BIRD) situated? issued after demonetization?
A) Noida A) 66mm × 145mm
B) Nashik B) 63mm × 145mm
C) Pune C) 63mm × 135mm
D) Lucknow D) 66mm × 135mm

29.What is the base color of Rs 200 note? 35.What is the base colour of Rs 50 bank note
A) Pink issued after demonetization?
B) Magenta A) Argent
C) Bright Yellow B) Cool Grey
D) Blue C) Stone Grey
D) Fluorescent Blue
30.The base colour of the note is Bright Yellow.
Rs 200 bank note has a motif of ______ on the 36.Rs 50 bank note has a motif of ______ . (Issued
reverse. after demonitization)
A) Gateway of India A) Red Fort
B) Taj Mahal B) Taj Mahal
C) Sanchi Stupa C) India Gate
D) India Gate D) Hampi with Chariot
The new denomination has Motif of Sanchi Stupa Motif of Hampi with chariot on the reverse.
on the reverse. Hampi, also referred to as the Group of Monuments
at Hampi, is a UNESCO World Heritage Site
31.How many angular bleed lines are present on Rs located in east-central Karnataka, India.
200 bank note for visually impaired?
A) 5 37.What is the dimensions of Re 1 bank note issued
B) 6 after demonetization?
C) 7 A) 9.7mm × 6.6mm
D) 4 B) 9.8mm × 6.6mm
Intaglio or raised printing of Mahatma Gandhi C) 9.7cm × 6.3cm
portrait, Ashoka Pillar emblem, raised Identification D) 9.8mm × 6.3mm
mark H
with micro-text 200, four angular bleed lines with 38.What is the base colour of Re 1 bank note issued
two circles in between the lines both on the right after demonetization?
A) pink-blue
B) pink-green
C) yellow-green
D) yellow-blue
The colour of the Re 1 note shall be predominantly
pink-green on both sides, with some other colours
infused into the design as well.

39.Who among the following is the promoter

of North East Small Finance Bank?
A) Rashtriya Kshetra Dharmasthala Rural For More Updated Materials
Development Project– North East
B) Swadhaar FinServe Pvt Ltd– North East
(New Pattern)
C) Grameen Financial Services Pvt Ltd– North East
D) Rashtriya Gramin Vikas Nidhi Microfinance Visit
Limited– North East
www.maruthischoolofbanking.com
North East Small Finance Bank started its
operations in October 2017, with Rashtriya Gramin
Vikas Nidhi Microfinance Limited– North East
(RGVNML – NE) as promoter

40.Airtel Payments Bank is a joint venture

between Bharti Airtel Ltd and which among the
following banks?
A) Yes Bank
B) Kotak Mahindra Bank
C) State Bank of India
D) Punjab National Bank
Airtel Payments Bank (APB) is a joint venture
between Bharti Airtel Ltd and Kotak Mahindra
Bank Ltd.
Joint venture ratio is 80 : 20 respectively.