Banking and Financial Institutions MCQs

Which among the following are criticism of World Trade organization (WTO)?
1. It is not a democratic and transparent institution.
2. it has domination of international trade by rich countries for the benefit of their individual interests.
3. It encourages a 'race to the bottom' in wages by pitting workers against each other rather than promoting internationally recognized labour standards.
4. It is seeking to privatize essential public services.

As a consortium leader, the Lead Bank would
1. coordinate with government office's, banks and other stakeholders.
2. undertake planning and formulation of annual district credit plans through block and district consultative committees.
3. help in synergising all efforts to fulfill plan priorities and district specific requirements.
Select the correct answer

Match the items of List I with List II with regard to the Basel-III norms.

List-I	List-II
a. Pillar 1	1. Supervisory review process
b. Pillar 2	2. Market discipline
c. Pillar 3	3. Minimum regulatory capital requirements based on Risk Weighted Assets (RWAs)

Which of the following statement/s is/are correct to pension funds?
1. Pension funds are financial tools that help you in accumulating funds for your post-retirement years.
2. Investing a certain amount regularly towards your pension fund, you will build up a considerable sum in a phase-by-phase manner.

Assertion (A): International Finance Corporation (IFC) contributes to increase sustainable agriculture opportunities, improve health and education and increase access to financing for micro finance and business client.
Reason (R): The IFC has focused on a set of development goals to ensure that its projects are expected to achieve the target.

Statement I For strengthening capital base of banks.
Statement II For sanctioning more loans.

Assertion (A) "Banks globally are facing more challenges now and macro sustainability is a necessity but not sufficient for sustainable economic growth."
Reason (R) "Putting regulations in place is only one part and their implementation is equally important for achieving growth and sustainability."

Which of the following statement/s is/are the correct characteristic/s of NBFCs?
1. NBFCs cannot accept demand deposits.
2. NBFCs do not form part of the payment and settlement system and cannot issue cheques drawn on itself.
3. Deposit insurance facility of Deposit Insurance and Credit Guarantee Corporation is not available to depositors of NBFCs, unlike in case of bank.

Consider the following statements.
Assertion (A): RBI is entrusted with the management of the public debt and issue of new loans and treasury bills on behalf of the central and state Governments.
Reasoning (R): The Governor and the Deputy Governors of RBI are appointed by the Central Government solely for the purpose in assertion.