Quizzes 

Table of Content

Start PIB Quiz of 23rd – 24th April 2021

Q.1) On the National Panchayati Raj day celebrating every year, the Ministry of Panchayati Raj has been awarding the best performing Panchayats/States/UTs across the country in recognition of their good work. What was new this year (2021) regarding this awarding event:
Q.2) US President Joe Biden hosted a virtual meeting of world leaders titled ‘Leaders’ Summit on Climate’ on the occasion of Earth Day (22nd April). What is NOT CORRECT about the actions taken by India for mitigation climate change, remarked by India’s PM Mr. Modi at the summit?
Q.3) Ministry of ________ announces #FOSS4GOV Innovation Challenge:
Q.4) What is not correct about the publishing body of ‘World Press Freedom Index- 2021’ and evolutions made by it?

Start RBI Quiz of 23rd – 24th April 2021

Q.1) The Centre planned to transfer five operational roads worth ₹5,000 crore to the InvIT of NHAI and also shift ₹7000 crore transmission assets to PowerGrid’s InvIT. Also in the pipeline are for monetization of DFC assets by Railways, operational toll roads of NHAI, oil and gas pipeline of IOC, GAIL, Hindustan Petroleum, warehousing assets of CPSEs, and AAI’s airports in tier 2 and tier 3 cities. Which concept is being talked about here?
Q.2) What does ‘It’ refer to? 1. It is the primary global standard setter for the prudential regulation of banks and provides a forum for regular cooperation on banking supervisory matters for the central banks of different countries. 2. It issues the Basel norms or accords which are the international banking regulations that help coordinate banking regulations across the globe.
Q.3) Which of the following statements are correct about Basel Norms? 1. Till date 4 Basel norms have been released which are collectively called Basel accords. 2. Basel I is a set of international banking regulations put forth by BCBS that sets out the minimum capital requirements of financial institutions with the goal of minimizing credit risk. 3. The banks must maintain capital (Tier 1 and Tier 2) equal to at least 10% of its risk-weighted assets as per Basel 1. 4. The Basel norms are not legally binding for all nations rather they recommend a good regulatory framework.
Q.4) Which of the following statements are incorrect about Basel II Norms? 1. Basel II framework was based on three pillars comprising of minimum capital requirements, supervisory review and market discipline. 2. Basel II focused only on the credit risk and thus involved maintaining enough capital to deal with such risks. 3. It specified that banks have to maintain a Capital Conservation Buffer of 2.5%.  4. Basel II norms came up in the wake of inefficiencies in existing norms after the Global Financial Crisis.
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About Anuj Jindal

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Anuj Jindal, the founder, is an ex-manager from SBI, with an M.Com from Delhi School of Economics. He also has a JRF in Commerce & Management and NET in HRM, along with more than 4 years of experience in the field of Education.

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