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IBFS 31 July 2023

Total questions: 32

Worksheet time: 16mins

Name
Class
Date
1.

_____________ bank served mostly technology workers and venture capital-backed companies, including some of the industry's best-known brands.

a)

Silicon Valley

b)

Signature

c)

First Republic

d)

SilverGate

2.

______ Capital, a holding company for a bank that since 2016 had bet big on servicing the emerging crypto economy

a)

SilverGate

b)

Silicon Valley

c)

First Republic

d)

Signature

3.

____________ bank was the nation's 16th-largest bank, and at the time its rout represented the second biggest bank failure in U.S. history

a)

Silicon Valley

b)

SilverGate

c)

Heartland Tri-State

d)

First Republic

4.

Silicon Valley Bank was caught unprepared when the Federal Reserve hiked ________ earlier this year, a move that reduced the value of its reserves of Treasury bonds.

a)

interest rates

b)

CRR

c)

SLR

d)

bank rates

5.

Silicon Valley Bank was acquired by ------------

a)

First Citizens Bank of Raleigh

b)

JP Morgan

c)

Deutsche Bank

d)

Citizens Bank

6.

When ____ demands got high enough, Silvergate and Silicon Valley Bank had to sell those backing assets at substantial losses

a)

cash

b)

customer

c)

central bank

d)

government

7.

Silvergate announced a ______ on the sale of assets in the fourth quarter of last year, while Silicon Valley Bank (with a larger overall balance sheet) announced __________while liquidating assets.

a)

$1 billion loss, $1.8 billion loss

b)

$2 billion loss, $2.8 billion loss

c)

$ 1.5billion loss, $1.9 billion loss

d)

$1.9 billion loss, $1.5 billion loss

8.

The 94-year-old private lender LVB, headquartered in Chennai, saw its _________deteriorate rapidly over the past three years, said the RBI as it imposed a 30-day moratorium on the bank on November 16, 2020.

a)

asset quality

b)

liquidity

c)

operating profit

d)

margins

9.

LVB faced restrictions after it was placed under -------------- by RBI.

a)

Prompt Corrective Actions

b)

Prudential Norms

c)

Cash Reserve Ratio

d)

Moratorium

10.

On March 5, 2020, the Reserve Bank of India (RBI) imposed a ______-day moratorium on YES Bank, superseded the private-sector lender's board,

a)

30

b)

60

c)

90

d)

120

11.

RBI said that the investor bank or __________ will invest in the equity of Yes Bank to the extent that it holds 49 per cent shareholding post the infusion

a)

SBI

b)

Central Bank

c)

IOB

d)

IDBI

12.

Private Equity that invested in Yes Bank in 2022 are ------- and ---------

a)

BlackStone, General Atlantic

b)

Bain Capital, TPG

c)

Warburg Pincus, KKR

d)

Advent, Carlyle

13.

After State Bank of India (SBI) took over the management of Yes Bank, private lenders like ICICI Bank, Axis Bank, IDFC First Bank, HDFC Bank, etc. made investment in Yes Bank with ______ years lock-in that is ending in March 2023.

a)

three

b)

two

c)

four

d)

five

14.

After inception of new mechanism by the Ministry of Finance to handle bad loans through _____________, Yes Bank is expected to emerge one of the major beneficiaries of this mechanism.

a)

ARC

b)

PCA

c)

IBC

d)

CAR

15.

The size of the Rs _______ crore bailout package reflected the severity of the crisis at Yes Bank.

a)

10,000

b)

20,000

c)

50,000

d)

25,000

16.

The RBI's decision to appoint a new ------------ for Yes Bank was a critical step in the bank's turnaround

a)

management team

b)

CEO

c)

Board of Directors

d)

Auditor

17.

On March 5, 2020, the Reserve Bank of India (RBI) imposed a ____________ moratorium on YES Bank, superseded the private-sector lender’s board, and appointed Prashant Kumar, who was serving as chief financial officer and deputy managing director at State Bank of India (SBI), as an administrator.

a)

30-day

b)

60-day

c)

90-day

d)

120-day

18.

RBI announced a draft ‘Scheme of Reconstruction’ that entails SBI investing capital to acquire a ---------- stake in the restructured private lender.

a)

49%

b)

42%

c)

37%

d)

34%

19.

A moratorium is a ------------------ suspension of activity until future events warrant lifting of the suspension or related issues have been resolved.

a)

temporary

b)

permanent

c)

flexible

d)

rigid

20.

SBI also cannot reduce its holding below ------ before the completion of three years from the date of infusion of the capital.

 

a)

26%

b)

29%

c)

36%

d)

39%

21.

Under the terms of the moratorium, deposit withdrawals were capped at ___________per person.

a)

Rs 50,000

b)

Rs 25,000

c)

Rs 1,00,000

d)

Rs 5,00,000

22.

YES Bank had been founded by Rana Kapoor and Ashok Kapoor in ----------

a)

2004

b)

2006

c)

2008

d)

2002

23.

In 2018-19, the bank -------------- NPAs to the tune of Rs 3,277 crore, prompting RBI to dispatch R Gandhi, one of its former deputy governors, to the board of the bank.

a)

under-reported

b)

covered

c)

liquidated

d)

factored

24.

In June ---------, YES Bank came out with a public issue and its shares were listed on the stock exchanges

a)

2005

b)

2004

c)

2006

d)

2009

25.

Yes bank's loan book had grown to nearly four times as much, at ----------- trillion as on September 30, 2019

a)

Rs 2.25

b)

Rs 3.5

c)

Rs 5

d)

Rs 4.75

26.

YES Bank suffered a dramatic ---------- in its gross NPAs between April and September 2019 to Rs 17,134 crore.

a)

doubling

b)

tripling

c)

halving

d)

quadrupling

27.

Trouble for LVB started after it shifted its focus from ------------ to large businesses ..

a)

SMEs

b)

retail customers

c)

salaried customers

d)

agriculturists

28.

In 2018, Religare Finvest, an arm of Religare Enterprises Limited, sued a Delhi  branch of LVB to recover fixed deposits worth about --------- crore that the bank invoked to recover the loans to the Singh brothers



a)

Rs 800

b)

Rs 600

c)

Rs 500

d)

Rs 700

29.

The central bank, refused the proposed merger between___________ and LVB just after one month being in the PCA framework

a)

India Bulls Housing Finance

b)

Bajaj Finance Limited

c)

Muthoot Finance Ltd.

d)

HDB Finance Services

30.

After the first failure of a merger with a NBFC failed LVB announced its merger with ----------------------

a)

Clix Capital

b)

ata Capital Financial Services Ltd.

c)

Shriram Transport Finance Company Limited. ..

d)

Mahindra & Mahindra Financial Services Limited.

31.

Out of 21 listed banks in the country, LVB stands ---------- last with the market capital of INR 680 crore, during October 2020.

a)

second

b)

first

c)

third

d)

fourth

32.

YES Bank’s total exposure to IL&FS and DHFL was --------- per cent as of September 2019.

a)

11.5

b)

10.5

c)

12.5

d)

15.5