Monetary Policy, New bank Licenses

1. Market Survey 20:20
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MONETARY POLICY – IMPACT ON INDUSTRY &
INVESTMENT AND PRIVATE BANKS – NEW LICENSE
Organized by BFSICM STUDY GROUP, ICAI Towers, BKC,
Mumbai

2. Market 20:20
Currently, banks have to maintain CRR and SLR of ____
Demand and Time Liabilities
a. 4% and 23%, respectively
b. 5% and 24%, respectively
c. 4% and 24%, respectively
d. 5% and 23%, respectively
2
BFSI & Capital Markets Study Group, ICAI
Tower, BKC

3. Market 20:20
Currently, banks have to maintain CRR and SLR of ____
Demand and Time Liabilities
a. 4% and 23%, respectively
b. 5% and 24%, respectively
c. 4% and 24%, respectively
d. 5% and 23%, respectively
3
BFSI & Capital Markets Study Group, ICAI
Tower, BKC

4. Market 20:20
Capital Adequacy is worked out on basis of
a. Total Demand and Time Liabilities
b. Net Demand and Time Liabilities
c. Risk adjusted assets
d. Risk adjusted liabilities
4
BFSI & Capital Markets Study Group, ICAI
Tower, BKC

5. Market 20:20
Capital Adequacy is worked out on basis of
a. Total Demand and Time Liabilities
b. Net Demand and Time Liabilities
c. Risk adjusted assets
d. Risk adjusted liabilities
5
BFSI & Capital Markets Study Group, ICAI
Tower, BKC

6. Market 20:20
‘One family one Bank’ is tagline of which bank
a. Bank of Maharashtra
b. City Union Bank
c. Indian Bank
d. Union Bank of India
6
BFSI & Capital Markets Study Group, ICAI
Tower, BKC

7. Market 20:20
‘One family one Bank’ is tagline of which bank
a. Bank of Maharashtra
b. City Union Bank
c. Indian Bank
d. Union Bank of India
7
BFSI & Capital Markets Study Group, ICAI
Tower, BKC

8. Market 20:20
What is Bancassurance?
a. An insurance scheme for all bank employees
b. Sale of insurance products through a bank
c. An insurance scheme to insure bank deposits
d. Bank deposit scheme for employees of insurance companies
8
BFSI & Capital Markets Study Group, ICAI
Tower, BKC

9. Market 20:20
What is Bancassurance?
a. An insurance scheme for all bank employees
b. Sale of insurance products through a bank
c. An insurance scheme to insure bank deposits
d. Bank deposit scheme for employees of insurance companies
9
BFSI & Capital Markets Study Group, ICAI
Tower, BKC

10. Market 20:20
Which bank has rolled out ‘Incredible India Travel Card’ in
association with Ministry of Tourism
a. Yes Bank
b. HDFC Bank
c. SBI
d. Axis bank
10
BFSI & Capital Markets Study Group, ICAI
Tower, BKC

11. Market 20:20
Which bank has rolled out ‘Incredible India Travel Card’ in
association with Ministry of Tourism
a. Yes Bank
b. HDFC Bank
c. SBI
d. Axis bank
11
BFSI & Capital Markets Study Group, ICAI
Tower, BKC

12. Market 20:20
Which credit card company has tied up the Railways to issue a
credit cum loyalty card?
a. ICICI Cards
b. SBI Cards
c. ABN Amro Cards
d. Citibank
12
BFSI & Capital Markets Study Group, ICAI
Tower, BKC

13. Market 20:20
Which credit card company has tied up the Railways to issue a
credit cum loyalty card?
a. ICICI Cards
b. SBI Cards
c. ABN Amro Cards
d. Citibank
13
BFSI & Capital Markets Study Group, ICAI
Tower, BKC

14. Market 20:20
Who has the sole right to mint coins in India?
a. RBI
b. MMTC
c. Government of India
d. SBI
14
BFSI & Capital Markets Study Group, ICAI
Tower, BKC

15. Market 20:20
Who has the sole right to mint coins in India?
a. RBI
b. MMTC
c. Government of India
d. SBI
15
BFSI & Capital Markets Study Group, ICAI
Tower, BKC

16. Market 20:20
What is the full form of PIN in ATM card?
a. Personal Index Number
b. Permanent Information Number
c. Personal Identification Number
d. Permanent Identification Number
16
BFSI & Capital Markets Study Group, ICAI
Tower, BKC

17. Market 20:20
What is the full form of PIN in ATM card?
a. Personal Index Number
b. Permanent Information Number
c. Personal Identification Number
d. Permanent Identification Number
17
BFSI & Capital Markets Study Group, ICAI
Tower, BKC

18. Market 20:20
The estimated time duration of __ months is provided to IDFC
and Bandhan have to comply with all the RBI formalities, as laid
down, for new banks
a. 12 months
b. 18 months
c. 24 months
d. 30 months
18
BFSI & Capital Markets Study Group, ICAI
Tower, BKC

19. Market 20:20
The estimated time duration of __ months is provided to IDFC
and Bandhan have to comply with all the RBI formalities, as laid
down, for new banks
a. 12 months
b. 18 months
c. 24 months
d. 30 months
19
BFSI & Capital Markets Study Group, ICAI
Tower, BKC

20. Market 20:20
A license is granted to ____ bank to operate as a market maker
for NZD-CNY and facilitate direct settlement to customer in
Chinese and New Zealand market
a. ANZ China
b. People's Bank of China
c. HSBC Bank
d. Industrial and Commercial bank of China (ICBC)
20
BFSI & Capital Markets Study Group, ICAI
Tower, BKC

21. Market 20:20
A license is granted to ____ bank to operate as a market maker
for NZD-CNY and facilitate direct settlement to customer in
Chinese and New Zealand market
a. ANZ China
b. People's Bank of China
c. HSBC Bank
d. Industrial and Commercial bank of China (ICBC)
21
BFSI & Capital Markets Study Group, ICAI
Tower, BKC

22. Market 20:20
Yes bank was granted commercial banking license by RBI in __
year
a. 2003-04
b. 2001-02
c. 2000-01
d. 2002-03
22
BFSI & Capital Markets Study Group, ICAI
Tower, BKC

23. Market 20:20
Yes bank was granted commercial banking license by RBI in __
year
a. 2003-04
b. 2001-02
c. 2000-01
d. 2002-03
23
BFSI & Capital Markets Study Group, ICAI
Tower, BKC

24. Market 20:20
As per RBI Guidelines for New Banking Licenses, Minimum Capital
Requirement for new banks is
a. Rs. 500 Crore
b. Rs. 100 Crore
c. Rs. 1,000 Crore
d. Rs. 750 Crore
24
BFSI & Capital Markets Study Group, ICAI
Tower, BKC

25. Market 20:20
As per RBI Guidelines for New Banking Licenses, Minimum Capital
Requirement for new banks is
a. Rs. 500 Crore
b. Rs. 100 Crore
c. Rs. 1,000 Crore
d. Rs. 750 Crore
25
BFSI & Capital Markets Study Group, ICAI
Tower, BKC

26. Market 20:20
Post issue of RBI Clarification related to new banking licenses,
which business house withdrew its application
a. Tata Sons
b. Reliance Capital
c. Aditya Birla Finanical Services
d. Bajaj Finance Ltd
26
BFSI & Capital Markets Study Group, ICAI
Tower, BKC

27. Market 20:20
Post issue of RBI Clarification related to new banking licenses,
which business house withdrew its application
a. Tata Sons
b. Reliance Capital
c. Aditya Birla Finanical Services
d. Bajaj Finance Ltd
27
BFSI & Capital Markets Study Group, ICAI
Tower, BKC

28. Market 20:20
As per First Bi-monthly Monetary Policy Statement, 2014-15, the
repo rate and reverse repo rate under the liquidity adjustment
facility is
a. 8% and 7% respectively
b. 7% and 8% respectively
c. 7% and 9% respectively
d. 9% and 7% respectively
28
BFSI & Capital Markets Study Group, ICAI
Tower, BKC

29. Market 20:20
As per First Bi-monthly Monetary Policy Statement, 2014-15, the
repo rate and reverse repo rate under the liquidity adjustment
facility is
a. 8% and 7% respectively
b. 7% and 8% respectively
c. 7% and 9% respectively
d. 9% and 7% respectively
29
BFSI & Capital Markets Study Group, ICAI
Tower, BKC

30. Market 20:20
As per Nachiket Mor committee report on Comprehensive
Financial Services for Small Businesses and Low Income
Households, each Indian resident should have right to
a. Right to Suitability
b. Right to obtain loan
c. Right to vote
d. Right to interest waiver under specified areas
30
BFSI & Capital Markets Study Group, ICAI
Tower, BKC

31. Market 20:20
As per Nachiket Mor committee report on Comprehensive
Financial Services for Small Businesses and Low Income
Households, each Indian resident should have right to
a. Right to Suitability
b. Right to obtain loan
c. Right to vote
d. Right to interest waiver under specified areas
31
BFSI & Capital Markets Study Group, ICAI
Tower, BKC

32. Market 20:20
As per Nachiket Mor committee report, payment banks should
hold a maximum balance of Rs _____ per customer account and
have a minimum entry capital of Rs ___ crore
a. 50,000 and 50 Crores
b. 10,000 and 100 Crores
c. 100,000 and 75 Crores
d. 70,000 and 70 Crores
32
BFSI & Capital Markets Study Group, ICAI
Tower, BKC

33. Market 20:20
As per Nachiket Mor committee report, payment banks should
hold a maximum balance of Rs _____ per customer account and
have a minimum entry capital of Rs ___ crore
a. 50,000 and 50 Crores
b. 10,000 and 100 Crores
c. 100,000 and 75 Crores
d. 70,000 and 70 Crores
33
BFSI & Capital Markets Study Group, ICAI
Tower, BKC

34. Market 20:20
As per Anand Sinha report on Pricing of credit, benchmark rate
for floating interest rate product would be
a. Indian Banks Base Rate (IBBR)
b. LIBOR
c. Repo rate
d. Benchmark prime lending bank
34
BFSI & Capital Markets Study Group, ICAI
Tower, BKC

35. Market 20:20
As per Anand Sinha report on Pricing of credit, benchmark rate
for floating interest rate product would be
a. Indian Banks Base Rate (IBBR)
b. LIBOR
c. Repo rate
d. Benchmark prime lending bank
35
BFSI & Capital Markets Study Group, ICAI
Tower, BKC

36. Market 20:20
As per Anand Sinha report on Pricing of credit, the customer will
have option to shift from current BPLR contracts for interest rate
to Indian Banks Base Rate (IBBR) on
a. Not charged additional interest rate or any processing fee
b. On payment of additional interest rate of 1%
c. On payment of interest equivalent to differential interest rate
d. Only on payment of processing fees for new loan
36
BFSI & Capital Markets Study Group, ICAI
Tower, BKC

37. Market 20:20
As per Anand Sinha report on Pricing of credit, the customer will
have option to shift from current BPLR contracts for interest rate
to Indian Banks Base Rate (IBBR) on
a. Not charged additional interest rate or any processing fee
b. On payment of additional interest rate of 1%
c. On payment of interest equivalent to differential interest rate
d. Only on payment of processing fees for new loan
37
BFSI & Capital Markets Study Group, ICAI
Tower, BKC

38. Market 20:20
As per Anand Sinha report on Pricing of credit, who is authorized
to determine and release Indian Banks Base Rate (IBBR)
a. Indian Banks Association (IBA)
b. RBI
c. SBI
d. Appointed consortium of bank
38
BFSI & Capital Markets Study Group, ICAI
Tower, BKC

39. Market 20:20
As per Anand Sinha report on Pricing of credit, who is authorized
to determine and release Indian Banks Base Rate (IBBR)
a. Indian Banks Association (IBA)
b. RBI
c. SBI
d. Appointed consortium of bank
39
BFSI & Capital Markets Study Group, ICAI
Tower, BKC

40. Market 20:20
Who is elected as the chairman of IBA (Indian Banks Association)
for the 2013-14 tenure?
a. Aditya Puri
b. O P Bhatt
c. K.R.Kamath
d. Alok Misra
40
BFSI & Capital Markets Study Group, ICAI
Tower, BKC

41. Market 20:20
Who is elected as the chairman of IBA (Indian Banks Association)
for the 2013-14 tenure?
a. Aditya Puri
b. O P Bhatt
c. K.R.Kamath
d. Alok Misra
41
BFSI & Capital Markets Study Group, ICAI
Tower, BKC

42. Thank You