Explore topic-wise MCQs in Banking And Financial Awareness.

This section includes 3 Mcqs, each offering curated multiple-choice questions to sharpen your Banking And Financial Awareness knowledge and support exam preparation. Choose a topic below to get started.

1.

Identify on which of the three mutually reinforcing pillars Basel-III capital regulations are based?A. Minimum capital standardsB. Supervisory review of capital adequacyC. Credit risk managementD. Market disciplineE. Management controlChoose the most appropriate answer from the options given below:

A. A, B and C only
B. A, B and D only
C. C, D and E only
D. A, C and D only
Answer» C. C, D and E only
Discussion
2.

'Basel III Accord' or simply 'Basel III' often seen in the news, seeks to

A. develop national strategies for the conservation and sustainable use of biological diversity
B. improve banking sector's ability to deal with financial and economic stress and improve risk management
C. reduce the greenhouse gas emissions but places a heavier burden on developed countries
D. transfer technology from developed countries to poor countries to enable them to replace the use of choloflurocarbons in refrigeration with harmless chemicals
Answer» C. reduce the greenhouse gas emissions but places a heavier burden on developed countries
Discussion
3.

Collateral security for a loan is:

A. a liability of the lender
B. owned by the lender
C. an asset of the borrower
D. a liability of the borrower
Answer» D. a liability of the borrower
Discussion