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WorksheetsIBFS 31 July 2023
Total questions: 32
Worksheet time: 16mins
_____________ bank served mostly technology workers and venture capital-backed companies, including some of the industry's best-known brands.
Silicon Valley
Signature
First Republic
SilverGate
______ Capital, a holding company for a bank that since 2016 had bet big on servicing the emerging crypto economy
SilverGate
Silicon Valley
First Republic
Signature
____________ bank was the nation's 16th-largest bank, and at the time its rout represented the second biggest bank failure in U.S. history
Silicon Valley
SilverGate
Heartland Tri-State
First Republic
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.
interest rates
CRR
SLR
bank rates
Silicon Valley Bank was acquired by ------------
First Citizens Bank of Raleigh
JP Morgan
Deutsche Bank
Citizens Bank
When ____ demands got high enough, Silvergate and Silicon Valley Bank had to sell those backing assets at substantial losses
cash
customer
central bank
government
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.
$1 billion loss, $1.8 billion loss
$2 billion loss, $2.8 billion loss
$ 1.5billion loss, $1.9 billion loss
$1.9 billion loss, $1.5 billion loss
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.
asset quality
liquidity
operating profit
margins
LVB faced restrictions after it was placed under -------------- by RBI.
Prompt Corrective Actions
Prudential Norms
Cash Reserve Ratio
Moratorium
On March 5, 2020, the Reserve Bank of India (RBI) imposed a ______-day moratorium on YES Bank, superseded the private-sector lender's board,
30
60
90
120
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
SBI
Central Bank
IOB
IDBI
Private Equity that invested in Yes Bank in 2022 are ------- and ---------
BlackStone, General Atlantic
Bain Capital, TPG
Warburg Pincus, KKR
Advent, Carlyle
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.
three
two
four
five
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.
ARC
PCA
IBC
CAR
The size of the Rs _______ crore bailout package reflected the severity of the crisis at Yes Bank.
10,000
20,000
50,000
25,000
The RBI's decision to appoint a new ------------ for Yes Bank was a critical step in the bank's turnaround
management team
CEO
Board of Directors
Auditor
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.
30-day
60-day
90-day
120-day
RBI announced a draft ‘Scheme of Reconstruction’ that entails SBI investing capital to acquire a ---------- stake in the restructured private lender.
49%
42%
37%
34%
A moratorium is a ------------------ suspension of activity until future events warrant lifting of the suspension or related issues have been resolved.
temporary
permanent
flexible
rigid
SBI also cannot reduce its holding below ------ before the completion of three years from the date of infusion of the capital.
26%
29%
36%
39%
Under the terms of the moratorium, deposit withdrawals were capped at ___________per person.
Rs 50,000
Rs 25,000
Rs 1,00,000
Rs 5,00,000
YES Bank had been founded by Rana Kapoor and Ashok Kapoor in ----------
2004
2006
2008
2002
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.
under-reported
covered
liquidated
factored
In June ---------, YES Bank came out with a public issue and its shares were listed on the stock exchanges
2005
2004
2006
2009
Yes bank's loan book had grown to nearly four times as much, at ----------- trillion as on September 30, 2019
Rs 2.25
Rs 3.5
Rs 5
Rs 4.75
YES Bank suffered a dramatic ---------- in its gross NPAs between April and September 2019 to Rs 17,134 crore.
doubling
tripling
halving
quadrupling
Trouble for LVB started after it shifted its focus from ------------ to large businesses ..
SMEs
retail customers
salaried customers
agriculturists
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
Rs 800
Rs 600
Rs 500
Rs 700
The central bank, refused the proposed merger between___________ and LVB just after one month being in the PCA framework
India Bulls Housing Finance
Bajaj Finance Limited
Muthoot Finance Ltd.
HDB Finance Services
After the first failure of a merger with a NBFC failed LVB announced its merger with ----------------------
Clix Capital
ata Capital Financial Services Ltd.
Shriram Transport Finance Company Limited. ..
Mahindra & Mahindra Financial Services Limited.
Out of 21 listed banks in the country, LVB stands ---------- last with the market capital of INR 680 crore, during October 2020.
second
first
third
fourth
YES Bank’s total exposure to IL&FS and DHFL was --------- per cent as of September 2019.
11.5
10.5
12.5
15.5
