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1. Quantitative Aptitude

Banking awareness quiz 30

Banking awareness quiz
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Q 1)Treasury STRIPS are fixed-income securities sold at a significant discount to face value and offer no interest payments ,what is full form of STRIPS ?

Separate Trading for Registered Interest & Principal Securities.

Significant Trading for Registered Interest & Principal Securities.

Separate Trading for Registered Interest & Payment Securities.

Significant Trading for Registered Interest & Payment Securities.

Q 2)Which of the following is not a pillar of Basel 3 ?

Minimum Regulatory Capital Requirements based on Risk Weighted Assets (RWAs)

Supervisory Review Process

Securities Discipline

Market Discipline

Q 3)What is the name of money whose value is not derived from any intrinsic value or any guarantee that it can be converted into valuable commodity (like gold) ?

fiat Money

Representative Money

Commodity Money

Commercial Bank Money

Q 4) What is time limit for the card issuing banks for recrediting the customers account for a failed ATM/WLA transaction??

5 working days from the date of complaint.

7 working days from the date of complaint.

3 working days from the date of complaint.

10 working days from the date of complaint.

Q 5)Banking operations comes under what Sector in the Indian Economy ?

Primary Sector
Secondary Sector
Tertiary Sector
None of the above

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