Banking Awareness Set 28 (Abbreviations)

This set contains banking awareness questions for various upcoming exams like SBI PO, IBPS PO, Clerk, NIACL Assistant , RRB, RBI, IPPB and various other competitive exams. Topic: Abbreviations

  1. What does R stands for in SARFAESI?
    A) Rate
    B) Rating
    C) Reconstruction
    D) Regulatory
    View Answer
    Option C
    Explanation
    : The Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002
  2. What does C stands for in CAR?
    A) Capital
    B) Core
    C) Corporation
    D) Credit
    View Answer
    Option A
    Explanation
    : Capital Adequacy Ratio (CAR), also known as Capital to Risk (Weighted) Assets Ratio (CRAR), is the ratio of a bank’s capital to its risk.
  3. What does S stands for in NASDAQ?
    A) Sector
    B) Swap
    C) Services
    D) Securities
    View Answer
    Option D
    Explanation
    : National Association of Securities Dealers Automated Quotations
  4. What does S stands for in CRISIL?
    A) Sector
    B) Swap
    C) Services
    D) Securities
    View Answer
    Option C
    Explanation
    : Credit Rating Information Services of India Limited
  5. What does A stands for in WMA?
    A) Association
    B) Advances
    C) Asset
    D) Agreement
    View Answer
    Option B
    Explanation
    : Ways and Means Advances
  6. What does A stands for in CRAR?
    A) Association
    B) Advances
    C) Assets
    D) Agreement
    View Answer
    Option C
    Explanation
    : CRAR- Capital to Risk-weighted Assets Ratio
  7. What does R stands for in FRBMA?
    A) Regional
    B) Research
    C) Responsibility
    D) Regulatory
    View Answer
    Option C
    Explanation
    : Fiscal Responsibility and Budget Management Act, 2003 (FRBMA)
  8. What does A stands for in AMFI?
    A) Association
    B) Asset
    C) Agreement
    D) Adequacy
    View Answer
    Option A
    Explanation
    : Association of Mutual Funds in India
  9. What does Q stands for in QFI?
    A) Quality
    B) Qualified
    C) Query
    D) Quantity
    View Answer
    Option B
    Explanation
    : Qualified Foreign Investors
  10. What does P stands for in FIPB?
    A) Partnership
    B) Public
    C) Promotion
    D) Private
    View Answer
    Option C
    Explanation
    : Foreign Investment Promotion Board

 

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