Banking Awareness Quiz For IBPS | RBI | SBI | NABARD | LIC | 19-07-2024

 

Dear Readers,

Banking Awareness has been an important part of various competitive exams, so we are here with a series of Banking Awareness quizzes on a daily basis on our platform. Follow the quiz daily to improve your banking awareness.

Question 1: What is the main regulatory body overseeing banks in the United States?

संयुक्त राज्य अमेरिका में बैंकों की देखरेख करने वाली मुख्य नियामक संस्था कौन सी है?

(1) Federal Reserve

(2) World Bank

(3) International Monetary Fund (IMF)

(4) Securities and Exchange Commission (SEC)

(5) European Central Bank (ECB)

Question 2: What is the purpose of the Bank Secrecy Act (BSA)?

बैंक गोपनीयता अधिनियम (बीएसए) का उद्देश्य क्या है?

(1) Regulate interest rates on savings accounts

(2) Prevent money laundering and financial crimes

(3) Establish capital requirements for banks

(4) Control foreign exchange transactions

(5) Determine loan eligibility criteria

Question 3: Which law regulates electronic funds transfers and provides consumer protections?

कौन सा कानून इलेक्ट्रॉनिक फंड ट्रांसफर को नियंत्रित करता है और उपभोक्ता सुरक्षा प्रदान करता है?

(1) Dodd-Frank Wall Street Reform and Consumer Protection Act

(2) Glass-Steagall Act

(3) Electronic Fund Transfer Act (EFTA)

(4) Sarbanes-Oxley Act

(5) Gramm-Leach-Bliley Act

Question 4: What is the main purpose of the Truth in Savings Act (TISA)?

ट्रुथ इन सेविंग्स एक्ट (टीआईएसए) का मुख्य उद्देश्य क्या है?

(1) Regulate credit card transactions

(2) Ensure fair lending practices

(3) Regulate interest rates on loans

(4) Provide disclosures about deposit accounts to consumers

(5) Regulate foreign exchange transactions

Question 5: Which act repealed the Glass-Steagall Act and allowed commercial banks to engage in investment banking activities?

किस अधिनियम ने ग्लास-स्टीगल अधिनियम को निरस्त कर दिया और वाणिज्यिक बैंकों को निवेश बैंकिंग गतिविधियों में संलग्न होने की अनुमति दी?

(1) Dodd-Frank Wall Street Reform and Consumer Protection Act

(2) Sarbanes-Oxley Act

(3) Gramm-Leach-Bliley Act

(4) Bank Holding Company Act

(5) Financial Institutions Reform, Recovery, and Enforcement Act (FIRREA)

Question 6: Which law is aimed at preventing discrimination in lending based on race, color, religion, national origin, sex, marital status, or age?

किस कानून का उद्देश्य जाति, रंग, धर्म, राष्ट्रीय मूल, लिंग, वैवाहिक स्थिति या उम्र के आधार पर ऋण देने में भेदभाव को रोकना है?

(1) Equal Credit Opportunity Act (ECOA)

(2) Fair Debt Collection Practices Act (FDCPA)

(3) Fair Credit Reporting Act (FCRA)

(4) Community Reinvestment Act (CRA)

(5) Home Mortgage Disclosure Act (HMDA)

Question 7: What entity insures deposits in most U.S. banks up to a certain limit?

कौन सी इकाई अधिकांश अमेरिकी बैंकों में एक निश्चित सीमा तक जमा राशि का बीमा करती है?

(1) Securities and Exchange Commission (SEC)

(2) Federal Reserve

(3) Federal Deposit Insurance Corporation (FDIC)

(4) Office of the Comptroller of the Currency (OCC)

(5) Consumer Financial Protection Bureau (CFPB)

Question 8: What is the primary goal of the Basel Committee on Banking Supervision?

बैंकिंग पर्यवेक्षण पर बेसल समिति का प्राथमिक लक्ष्य क्या है?

(1) Facilitate international trade agreements

(2) Promote global economic growth

(3) Ensure fair competition among banks

(4) Develop international banking standards and regulations

(5) Monitor exchange rates

Question 9:What law mandates that banks must report cash transactions over $10,000 to the U.S. Department of the Treasury?

कौन सा कानून कहता है कि बैंकों को 10,000 डॉलर से अधिक के नकद लेनदेन की रिपोर्ट अमेरिकी राजकोष विभाग को देनी होगी?

(1) Dodd-Frank Wall Street Reform and Consumer Protection Act

(2) Currency and Foreign Transactions Reporting Act (Bank Secrecy Act)

(3) Bank Holding Company Act

(4) Foreign Corrupt Practices Act (FCPA)

(5) Gramm-Leach-Bliley Act

Question 10: What is the process by which a bank takes ownership of a property when a borrower fails to make mortgage payments?

(1) Insolvency

(2) Bankruptcy

(3) Foreclosure

(4) Repossession

(5) Forfeiture

Answer-

1. 1

2. 2

3. 3

4. 4

5.  3

6.  1

7. 3

8. 4

9. 2

10. 3