MCQOPTIONS
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MCQOPTIONS
This section includes 8 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. |
BIS was established due to: |
| A. | The Bretton Woods Conference of 1930 |
| B. | The Hague Agreements of 1930 |
| C. | Both of The Above |
| D. | None of The Above |
| Answer» C. Both of The Above | |
| 2. |
In _______the Basel Committee on Banking Supervision proposed a new capital adequacy framework to replace the current Basel Accord: |
| A. | June, 1999 |
| B. | June, 2000 |
| C. | June, 2001 |
| D. | None of The Above |
| Answer» B. June, 2000 | |
| 3. |
Which among the following is correct about BIS: |
| A. | BIS does not provide financial services to Individuals |
| B. | BIS does not provide financial services to Corporations |
| C. | BIS was created to administer the transaction of monies according to the Treaty of Versailles |
| D. | All of The Above |
| Answer» E. | |
| 4. |
SDR stands for: |
| A. | Specific Draft Rights |
| B. | Special Deposits Rights |
| C. | Special Drawing Rights |
| D. | None of The Above |
| Answer» D. None of The Above | |
| 5. |
General Manager of BIS is: |
| A. | Christine Medeleine Odette Lagard |
| B. | Jaime Caruana |
| C. | Jim Yong Kim |
| D. | None of The Above |
| Answer» C. Jim Yong Kim | |
| 6. |
Since ______, the BIS has published its accounts in terms of special drawing rights (SDRs): |
| A. | 2005 |
| B. | 2004 |
| C. | 2006 |
| D. | None of The Above |
| Answer» C. 2006 | |
| 7. |
After replacing the current Basel Accord in June 1999 which was the new pillar for proposed framework: |
| A. | Minimum Capital Requirements |
| B. | Supervisory Review |
| C. | Market Discipline |
| D. | All of The Above |
| Answer» E. | |
| 8. |
______is known as bank for central banks: |
| A. | BIS |
| B. | World Bank |
| C. | IMF |
| D. | None of The Above |
| Answer» B. World Bank | |