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It s an Annual event and takes place in August every year, below are the::
Inter-Bank Quiz Rules & Regulations

A. PARTICIPATION AND COMPOSITION OF TEAM:

1. Participation is open to all member Banks and Financial Institutions:

2. Each team will compromise four participants and two reserves.:

B. TIME AND VENUE:

1. All sessions start at 5.30 p.m at the Institute’s Board Room (NBK Building, 20th Floor) or at a time to be decided by the committee and communicated to participating banks.:

2. A walkover will be awarded at the discretion of the QuizMaster, over a team that is not present and seated 15 minutes after the starting time.:

C. OFFICIALS:

1. The Quiz Committee will appoint a QuizMaster, Assistant QuizMaster, Scorer and the Timekeeper for each session.:

D. QUESTIONS AND SCORES
One
Eight questions will be asked on each of the following topics:-

(a) General Knowledge:

1. Current Affairs:

2. Sports and Entertainment:

3. Geography, History and Politics:

4. Africa in General:

5. General:

(b) Marketing & Management:

1. Marketing:

2. Management :

(c) Economics and Finance:

1. Investment:

2. Insurance, Pension and Trusts:

3. Economics:

(d) Banking:

1. Law and Practice of Banking:

2. Lending:

3. International Trade Finance:

Two

(a) The first question in each topic will be asked to participant number one of the team that wins the toss. The second question in each topic will be asked to participant number one of the other team. The process will continue until all participants have been asked a question from each topic.
(b) Should a participant fail to answer his/her question to the satisfaction of the Quizmaster, he/she will refer the question to the other members of the team. Should this fail to elicit the correct answer; the same question will be referred to the opposing team.

Three

(a) A correct answer will earn the participant to whom it is directed TWO POINTS . If the question was referred to the team, then a correct answer by a team member will score ONE POINT. Likewise a question referred to the opposing team and answered correctly by a member of that team will score ONE POINT.
b) A “two point question” may score one point if in the opinion of the Quizmaster the answer given is fairly correct. A “one point question” cannot however, score half a mark. The answer to the latter question must, therefore fully satisfy the Quizmaster for it to score the one point.

Four

a) Participants will be allowed 20 seconds within which to answer a question.
b) Should a question be referred to the team, in accordance with rule 2(b) above, a participant will (irrespective of the topic) be allowed TEN seconds within which to give a satisfactory answer.
c) If, in the opinion of the Quizmaster, a participant’s answer is in the right direction, the Quizmaster may reasonably extend the time limit so as to give the participant more time to clarify his/her answer.
Five There must be absolutly no consultations or prompting between te team Members . The same applies to the audience.

E,PRIZES

1. Floating trophies shall be awarded to the teams that attain the first, second and third positions. The trophies will be entrusted to the relevant institutions who must ensure that they are returned to the Institute two weeks before the date of the following year’s Annual Dinner.
2. Token prizes will be awarded to each member of the winning team.
3. A token prize will be awarded to the overall, “highest scorer”

F, OBJECTIONS

1. Objections by any team over any irregularities must be lodged in writing by the team captain to the Chairperson of the Quiz Committee with a copy to the Director – KIB within twenty-four (24) hours of the respective quiz session.
2. If in the opinion of the Quiz Committee, the irregularity is such as to affect the outcome of the session, it may order a repeat.
3. If one of the teams is not satisfied with the decision of the Quiz Committee, the team captain may appeal in writing to the Director – KIB with a copy to the Chairperson of the Quiz Committee for final decision.

G, THE DRAW

1.The draw will be conducted by the Quiz Committee in a manner that it deems fit.
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