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Citibank Regulatory Reporting Quiz

Total questions: 12

Worksheet time: 8mins

Name
Class
Date
1.

What is the name of the Hungarian regulatory authority?

a)

Nemzeti Adó- és Vámhivatal (National Tax and Customs Administration of Hungary)

b)

Magyar Nemzeti Bank (Hungarian National Bank)

c)

Pénzügyi Szevezetek Állami Felügyelete (Governmental Authority of Financial Institutions)

2.

How many countries are reported in the Regulatory Reporting Department in Citibank Budapest CSC?

a)

58

b)

19

c)

46

d)

38

3.

Where can you find a "Loan" in a bank's balance sheet?

a)

Asset side

b)

Liability side

c)

Both Asset and/or Liability side

d)

Off-Balance sheet

4.

When did IFRS application become mandatory in Hungary for banks?

a)

2018 January 1

b)

2017 January 1

c)

2016 December 31

d)

2019 January 1

5.

Which Basel regulation is applicable currently in Hungary?

a)

Basel II

b)

Basel I

c)

Basel III

d)

Basel IV

6.

What are the 5 main steps for Regulatory Reporting?

a)

Data Sources, Data Reconciliation, Report Preparation, Submission, Regulatory Feedback

b)

Data Sources, Report Preparation, Data Upload, Validation, Submission

c)

Data Reconciliation, Report Preparation, Submission, Control Review, Archiving

d)

Data Sources, Data Reconciliation, Report Preparation, Control Review, Submission

7.

Citibank has purchased a Hungarian Treasury Bill and plans to keep it until the maturity date. Where will you find it in the balance sheet?

a)

Financial assets at amortised cost

b)

Financial assets at fair value through profit or loss

c)

Financial assets at fair value through other comprehensive income

d)

Held For Trading

8.

What do you do when you are "shorting" a put option?

a)

Buying a put option

b)

Selling a put option

c)

Buying a call option to cover your put option

d)

Selling a call option to cover your put option

9.

Where can you buy a "forward"?

a)

Forex market

b)

Derivatives market

c)

Penny market

d)

OTC market

10.

What is a "haircut repo"?

a)

The absolute difference between two derivatives.

b)

The percentage difference between a repurchase agreement and a derivative deal.

c)

The percentage difference between an asset's market value and the amount that can be used as collateral for a loan.

d)

The absolute difference between two repos.

11.

Which of the following portfolios are NOT falling under IFRS9 classifications?

a)

Financial assets at fair value through profit or loss

b)

Financial assets at amortized cost

c)

Financial assets at fair value through other comprehensive income

d)

Available-for-sale financial assets

12.

Where would you report a cross currency interest rate swap?

a)

Derivatives

b)

Debt Securities

c)

Equity Securities

d)

Loans and advances