Thursday, November 20, 2014

IBPS Bank Clerk CWE General Awareness Solved Paper (Exam Held on 08-12-2013)

1. World Food Day is celebrated every year around the world on– 
(A) 4th July (B) 16th October (C) 12th August (D) 18th May (E) None of these
Ans : (B)

2. The minimum age for becoming a member of the Rajya Subha is– 
(A) 28 years (B) 40 years (C) 30 years (D) 35 years (E) 25 years
Ans : (C)

3. What is the term for bank’s lending to farmers for agriculture, micro and small enterprises, and other weaker sections wherein banks are required to lend up to 40 percent of the loans?
(A) Para Banking (B) Sub Prime Lending (C) Retail Lending 
(D) Non-Priority Sector Lending (E) Priority Sector Lending
Ans : (E)

4. A Bank’s fixed deposit is also referred to as a–
(A) Term Deposit (B) Savings Bank Deposit (C) Current Deposit 
D) Demand Deposit (E) Home Savings Deposit
Ans : (A)

5. As per Census 2011, which of the following Indian states has the lowest population density ?
(A) Nagaland (B) Manipur (C) Arunachal Pradesh
(D) Himachal Pradesh (E) Meghalaya
Ans : (C)

6. To improve access of the poor to banking, Reserve Bank of India has advised banks to open branches with minimum infrastructure supporting up to 8 to 10 business correspondents (BCs) at a reasonable distance of 2-3 km. Such branches are known as.
(A) Nodal Branches (B) Mini Branches (C) Micro Branches 
(D) Ultra Small Branches (E) Satellite Branches
Ans : (D)

7. A target set by UIDAI for issuance of Aadhaar cards up to 2014 is–
(A) 50 crore cards (B) 55 crore cards (C) 45 crore cards 
(D) 40 crore cards (E) 60 crore cards
Ans : (E)

8. Which of the following is a receipt listed in India and traded in rupees declaring ownership of shares of a foreign company?
(A) Indian Depository Receipt (IDR) (B) European Depository Receipt (EDR)
(C) Global Depository Receipt (GDR) (D) American Depository Receipt (ADR)
(E) Luxembourg Depository Receipt (LDR)
Ans : (A)

9. Which of the following statements regarding the ‘Direct Benefits Scheme (DBT)’ of the Government of India is not correct?
(A) The scheme does not covers LPG subsidies, pension payments and scholarships.
(B) Indirect transfer of benefits are more prone to leakage than direct transfer.
(C) Under DBT, money is directly transferred into bank accounts of beneficiaries.
(D) The scheme was launched on 1st January 2013 to cover 20 districts initially.
(E) The scheme is likely to increase the subsidy bill of the Government.
Ans : (A)

10. Which of the following services relate to execution of transactions directly with consumers, rather than corporations or other banks?
(A) Wholesale Banking Services (B) Industrial Banking Services
(C) Investment Banking Services (D) Corporate Banking Services
(E) Retail Banking Services
Ans : (E)

11. The Aadhaar-enabled payment system is banking-led model that facilitates banking facilities through banking correspondents across banks. However, Aadhaar enabled basic types of banking transactions do not include–
(A) Aadhaar to Aadhaar funds transfer (B) Small Overdraft Facility
(C) Cash Withdrawal (D) Balance Enquiry (E) Cash Deposit
Ans : (B)

12. Deepak Lathore is related to which of the following sports?
(A) Hockey (B) Cricket (C) Badminton (D) Football (E) Weightlifting
Ans : (E)

13. A bank without any branch network that offers its services remotely through online banking, telephone/mobile banking and inter-bank ATM network alliances is known as–
(A) Universal Banking (B) Indirect Bank (C) Doorstep Bank 
(D) Direct Bank (E) Unit Banking
Ans : (D)

14. A type of fraud wherein criminals use and innocent persons details to open or use an account to carry out finanical transactions is known as–
(A) Identity Theft (B) Money Laundering (C) Hacking (D) Espionage (E) Phishing
Ans : (A)

15. With a view to integrate them as part of basic banking services, the Reserve Bank of India (Reserve Bank of India), in August 2012, advised banks to restrict the ‘No Frills’ account and offer a–
(A) Lok Mangal Saving Bank Deposit Account (B) Laghu Bachat Saving Deposit Account
(C) Aam Admi Basic Bank Account (D) Basic Savings Bank Deposit Account
(E) Gramin Bachat Account
Ans : (D)

16. According to the provisions of the Income Tax Act, 1961, a resident individual is categorized as a ‘Very Senior Citizen’, when he is–
(A) 80 years of age or older (B) 75 years of age or older
(C) 90 years of age or older (D) 85 years of age or older
(E) 65 years of age or older
Ans : (A)

17. NABARD is responsible for regulating and supervising the functions of–
(A) Investment and Industrial Finance Banks (B) Co-operative Banks and Regional Rural Banks
(C) Corporate Finance and Overseas Banking Unit (D) Private Sector and Multinational Banks
(E) Reserve Bank of India
Ans : (B)

18. The part of a company’s earnings or profit which are paid out to shareholders is known as– 
(A) Capital Gains (B) Interest on Borrowings (C) Taxes (D) Dividends (E) Penal Interest
Ans : (D)

19. The arrangement under which banks sell insurance products acting as the agents of the respective companies is called the– 
(A) Insurance Joint Venture (B) Bancassurance Model (C) Hybrid Insurance Model 
(D) Insurance Broking (E) Integrated Model
Ans : (B)

20. The abbreviation of EMI in banking parlance stands for– 
(A) Equated Monthly Instalment (B) Equal Monthly Increment
(C) Equated Money Instalment (D) Equalized Monthly Instalment
(E) Equating Money Instalment
Ans : (A)

21. Who among the following is the author of the book “The Lowland”?
(A) Jhumpa Lahiri (B) Amitabh Ghosh (C) Salman Rushdie 
(D) Hamid Ansari (E) Chetan Bhagat
Ans : (A)

22. Which of the following Indian universities is Asia’s largest residential university?
(A) Allahabad University (B) Utkal University
(C) Benares Hindu University (D) Anna University
(E) Jawaharlal Nehru University
Ans : (C)

23. We often read about the increasing trend of ‘Plastic Money’ in newspapers and financial magazines. In this respect, which of the following is/are not the forms of Plastic Money?
(A) Debit Card (B) Cash Card
(C) Credit Card (D) Banknote
(E) Store Card
Ans : (D)

24. Derivative contracts that give the buyer the right, but not the obligation, to buy or sell at a predetermined price within or at end of a specified period, are known as– 
(A) Futures Contract (B) Option Contract
(C) Index Futures Contract (D) Currency Swap
(E) None of these
Ans : (B)

25. CASA Ratio of bank indicates the– 
(A) Overall cost of deposit of a bank
(B) Level of high cost term deposits
(C) Share of current and savings bank deposit in the total deposits
(D) Average outstanding level of current and saving deplosits
(E) Capital adequacy of the bank
Ans : (C)

26. Who among the following is the current Chief Election Commissioner (CEC) of India?
(A) K. G. Balakrishnan (B) Ranjit Sinha (C) Montek Singh Ahluwalia 
(D) V.S. Sampath (E) S. Y. Qureshi
Ans : (D)

27. Which of the following actresses was recently (in October 2013) honoured at the British House of Commons for her contribution to the global entertainment industry?
(A) Shabana Azmi (B) Kareena Kapoor (C) Nandita Das 
(D) Aishwarya Rai Bachchan (E) Vidya Balan
Ans : (B)

28. Which of the following is an investment advisory discipline?
(A) Corporate Industrial Finance (B) Offshore Banking (C) Wholesale Banking 
(D) Wealth Management (E) Trade Finance
Ans : (D)

29. Who among the following was recently conferred the first Yash Chopra Memorial Award?
(A) Madhuri Dixit Nene (B) Ramesh Sippy (C) Lata Mangeshkar 
(D) A. R. Rahman (E) None of these
Ans : (C)

30. With effect from 1st July, 2010, for calculation of lending rates, the Reserve Bank of India has advised banks to switch over to the– 
(A) MSF Rate System (B) Reserve Repo Rate System
(C) Bank Rate System (D) Repo Rate System
(E) Base Rate System
Ans : (E)

31. Which of the following institutions is regarded as the ‘lender of the last resort’ by banks in India?
(A) State Bank of India (B) The State Bank Treasury
(C) Reserve Bank of India (D) World Bank
(E) Department of Financial Services
Ans : (C)

32. The World Health Organization (WHO) is a specialized agency of the United Nations (United Nations) that is concerned with International Public Health. It is headquartered at– 
(A) Sweden (B) Switzerland (C) United Kingdom (D) France (E) Germany
Ans : (B)

33. Which of the following communities was most recently notified as a ‘minority community’ by the Ministry of Welfare, Government of India?
(A) Sikhs (B) Zoroastrians (C) Buddhists (D) Jains (E) Christians
Ans : (D)

34. The concept of Microcredit essentially concentrates on– 
(A) Consumption smoothening as and when needed (B) Providing safe place to hold savings
(C) Accepting deposits (D) Provisions of credit to the poor
(E) Facility to transfer money
Ans : (D)

35. An Equity Share is also commonly referred to as– 
(A) Ordinary Share (B) Convertible Share (C) Debenture (D) Security Deposit (E) Preferred Stock
Ans : (A)

36. Cheraw, the bamboo dance, is of which Indian state?
(A) Mizoram (B) Sikkim (C) Arunachal Pradesh
(D) Manipur (E) Assam
Ans : (A)

37. The Electronic Funds Transfer at Point of Sale (EFTPOS) is an electronic payment system involving electronic fund transfer based on the use of– 
(A) Internet Banking (B) Account Payee Cheques
(C) Letter of Credit (D) Debit and Credit Cards
(E) Order and Bearer Cheques
Ans : (D)

38. The process by which a life insurance policy holder can transfer all rights, title and interest under a policy contract to a third person is known as– 
(A) Assignment of the policy (B) Reinvestment of the policy
(C) Hypothecation of the policy (D) Negotiation of the policy
(E) Nomination of the policy
Ans : (A)

39. 8th National Conference on Krishi Vigyan Kendra, 2013 was held at– 
(A) Chennai (B) Mumbai (C) Lucknow (D) Kolkata (E) Bangalore
Ans : (E)

40. Banking Codes and Standard Board of India (BCSBI) has evolved a code of bank’s commitments to customers which set maximum standards of banking practices for banks. For common customers, the code is like a– 
(A) Charter of Rights (B) Charter of Duties (C) Charter of Demands 
(D) Charter of Good Behaviour (E) Charter of Values
Ans : (A)

IBPS Bank Clerk CWE General Awareness Solved Paper (Exam Held on 29-09-2013)

1. Which of the following films won the maximum number of awards at the recent 60th National Film Awards of India ?
(A) Dekh Indian Circus (B) Ustad Hotel (C) Kahaani 
(D) Pan Singh Tomar (E) Dhag
Ans : (A)

2. Who, among the following, did not win the Dhyanchand Award for 2013 ?
(A) Mary D'Souza Sequeira (B) Syed Ali (C) Poornima Mahato 
(D) Anil Mann (E) Girraj Singh
Ans : (C)

3. Who, among the following, is the recipient of the Dronacharya Award 2013 in the field of Hockey ?
(A) Mahavir Singh (B) Narinder Singh Saini (C) K.P. Thomas 
(D) Raj Singh (E) Dharmender Dalal
Ans : (B)

4. The currency of South Korea is– 
(A) Ringgit (B) Yuan (C) Won (D) Peso (E) Kyat
Ans : (C)

5. Under the restructured National Rural Livelihood Mission (NRLM), SCs and the STs will account for a minimum of 50% of financial assistance. Minorities will comprise– 
(A) 3 per cent (B) 9 per cent (C) 15 per cent (D) 21 per cent (E) 33 per cent
Ans : (C)

6. The commencement year of the 15th Lok Sabha is– 
(A) 2003 (B) 2006 (C) 2008 (D) 2009 (E) 2010
Ans : (D)

7. Which of the following financial institutions / organizations aids the growth and development of micro, small and medium-scale enterprises (MSME) in India ?
Ans : (E)

8. Who is the author of Midnight's Children ?
(A) V. S. Naipaul (B) Salman Rushdie (C) Chetan Bhagat 
(D) Jeet Thayll (E) Jhumpa Lahiri
Ans : (B)

9. In which state of India are the Sanchi Stupas located ?
(A) Utter Pradesh (B) Bihar (C) Madhya Pradesh (D) Odisha (E) Rajasthan
Ans : (C)

10. Who won the Best Actor Oscar award at the 85th Academy Awards ?
(A) Al Pacino (B) Daniel Day Lewis (C) Robert De Niro 
(D) Jack Nicholson (E) Anthony Hopkins
Ans : (B)

11. In the most common usage, CIS is associated with–
(A) Citizen of Indian Source (B) Centre for Internet Security
(C) Commonwealth of Independent States (D) Computer and Information Science
(E) Council of International Relations
Ans : (C)

12. Which major national/international championship was recently won by Indian shuttler P.V. Sindhu ?
(A) Denmark Cup (B) Malaysia Open (C) Indonesian Open 
(D) Tokyo International (E) Mao Tse Tung Trophy
Ans : (B)

13. Which of the following is the parliament of Bangladesh ?
(A) Majlis (B) Shura (C) Jatiyo Sangshad (D) jirga (E) Sangosthi
Ans : (C)

14. INS Sindhurakshak was in the news recently. From which country did India get this submarine?
(A) France (B) Russia (C) Sweden (D) Australia (E) United States of America
Ans : (C)

15. Who, among the following, heads the Parliamentary Standing Committee on Finance which deals with Goods and Service Tax (GST)?
(A) Yashwant Sinha (B) Kapil Sibal (C) Sushma Swaraj 
(D) Montek Singh Ahluwalia (E) jaswant Singh
Ans : (A)

16. Who, at present, is the Vice President of India?
(A) M. Hamid Ansari (B) S. Ghulam Ansari (C) I. Noor Ansari 
(D) A. Parvez Ansari (E) H. Muhammad Ansari
Ans : (A)

17. Whcih term refers to the total value of all goods and services produced by all resident units during a certain period of time, minus depreciation ?
(A) Gross Domestic Product (B) Per Capita Product
(C) Gross National Product (D) Net National Product
(E) Gross Capital Formation
Ans : (A)

18. On which river is the Tehri Dam constructed ?
(A) Son (B) Gandak (C) Chambal (D) Bhagirathi (E) Tapti
Ans : (D)

19. Where is the headquarters of the Bank for International Settlements (BIS) located ?
(A) Hong Kong (B) Vienna (C) Mexico City (D) Basel (E) Antwerp
Ans : (D)

20. ‘NREGA’ stands for–
(A) National Rural Employment Guarantee Act (B) New Rural Enterprise Growth Act
(C) National Rural Empowerment Guarantee Act (D) New Rural Economic Growth Act
(E) Nehru Renewable Energy Guarantee Act
Ans : (A)

21. Which of the following areas do not come under Bharat Nirman ?
(A) Water (B) Roads (C) Housing (D) Health (E) Electricity
Ans : (D)

22. The Union Sports Ministry recently announced that Renjith Maheshway would not be given Arjuna Award over the allegations of doping against him. With which sport is he associated?
(A) Marathon (B) Triple Jump (C) Discuss Throw (D) Hurdle's Race (E) Pole Vault
Ans : (B)

23. Who is the author of Bengali Romance novel ‘Devdas’ ?
(A) Bimal Roy (B) Sarat Chandra Chattopadhyay (C) Sudhendu Ghosh 
(D) Indra Sen (E) Sumit Mitra
Ans : (B)

24. Who, among the following is the Speaker of Lok Sabha ?
(A) Pallam Raju (B) Meira Kumar (C) Veerappa Moily 
(D) Shriprakash Jaiswal (E) Charan Das Mahant
Ans : (B)

25. At present, the President of Afghanistan is–
(A) Hamid Karzai (B) Abdullah Abdullah (C) Ramazan Bashardost 
(D) Ashraf Ghani Ahmadzai (E) Mirwais Yasini
Ans : (A)

26. Who, at preset is the Chief of the Naval Staff of India ?
(A) Madhvendra Singh (B) Arun Prakash (C) Suresh Mehta 
(D) Nirmal Kumar Verma (E) Devendra Kumar Joshi
Ans : (E)

27. What does ‘UNCTAD’ stand for ?
(A) United Nations Conference on Trade and Development (B) United Nations Convention on Troubled Darfur
(C) United National Commission on Tokyo Declaration (D) United Nations Charter on Tariffs and Development
(E) United Nations Convention on Treatment of Dengue
Ans : (A)

28. Which country will host the 2016 Olympic Games ?
(A) Japan (B) Spain (C) Brazil (D) Australia (E) Canada
Ans : (C)

29. With which sports is Leander Paes associated?
(A) Soccer (B) Golf (C) Tennis (D) Billiards (E) Squash
Ans : (C)

30. With which sports is Yelena Isinbayeva related?
(A) Long Jump (B) Gymnastics (C) Tennis (D) Pole Vault (E) Decathlon
Ans : (D)

31. The capital of Mauritius is–
(A) Port Louis (B) Camp Carol (C) Britannia 
(D) Goodlands (E) Union Park
Ans : (A)

32. Which of the following countries is not a member-state of ASEAN ?
(A) Indonesia (B) Japan (C) Malaysia (D) The Philippines (E) Singapore
Ans : (B)

33. Who, at present, is the Chairman of the Planning Commission of India ?
(A) Manmohan Singh (B) P. Chidambaram (C) Sonia Gandhi 
(D) Montek Singh Ahluwalia (E) Kapil Sibal
Ans : (A)

34. The capital of Andaman and Nicobar Islands is–
(A) Ross Island (B) Port Blair (C) Car Nicobar (D) Viper Island (E) Silvassa
Ans : (B)

35. Which of the following countries will host the 18th SAARC Summit ?
(A) Afghanistan (B) India (C) Maldives (D) Nepal (E) Bangladesh
Ans : (D)

36. With which sports is Mary Kom associated ?
(A) Boxing (B) Wrestling (C) Judo (D) Chess (E) Weightlifting
Ans : (A)

37. On which day is the United Nations Day celebrated ?
(A) 2nd October (B) 14th August (C) 16th September (D) 24th October (E) 14 November
Ans : (D)

38. Where is the headquarters of the International Civil Aviation Organization (ICAO) located ?
(A) Sydney (B) Frankfurt (C) Montreal (D) Oslo (E) Edinburgh
Ans : (C)

39. With which sports is Abhinav Bindra associated?
(A) Chess (B) Shooting (C) Golf (D) Squash (E) Swimming
Ans : (B)

40. With which language is Sugathakumari associated ?
(A) Marathi (B) Kannada (C) Odia (D) Malayalam (E) Telugu
Ans : (D)

Thursday, November 13, 2014


1. The internet banking providing many banking services making the customers life easier. Which of the following risks recognized internationally in the internet banking?
1) Operational risk
2) Credit risk
3) Liquidity risk
4) Foreign exchange risk
5) All of above

2. Operational risk in the internet banking means .........
1) Inaccurate processing of transactions
2) Non privacy and confidentiality
3) Attacks or unauthorized access to banks systems and databases
4) Weak technology adoption
5) All of above are part of Operational risk

3. When counter-party fails to settle an obligation when due or any time henceforth for its full value and the credit worthiness of the customer may not be properly evaluated is termed as ............ in internet banking.
1) Operational risk
2) Liquidity risk
3) Credit risk
4) Security risk
5) Reputation risk

4. In the internet banking, the bank may face liquidity crunch in short-term time horizon, once the outflow of fund may increase suddenly, it is called ...........
1) Foreign exchange risk
2) Credit risk
3) Operational risk
4) Liquidity risk
5) None of above

5. President Pranab Mukherjee on 30 September 2014 authorized Rajiv to act as....
1) Central Vigilance Commissioner (CVC)
2) Chief Justice of India
3) Central Election Commissioner
4) Head of BSF
5) None

6. The Security risk is one of the very important issue in internet banking systems. The security risk in the internet banking is ..............
1) hacking
2) stealing of KYC data from online
3) the information use by other agencies to tap the account holder business
4) it is tough for the banks to bring the awareness among all customers to follow the security measures
5) All of above

7. It is tough for the RBI to see whether banks are following the guidelines of RBI regarding the online transactions, as they are fast, millions of transactions done in the short period and very tough to audit them in the short period. The banking pundits termed this risk as .............
1) Money risk
2) Stand-off risk
3) Funds risk
4) Compliance risk
5) Credit risk

8. If any bank offers the internet banking suffers from ........... due to negative opinion if the network systems failed or discontinued for a considerable time.
1) Credit risk
2) Monetary risk
3) Compliance risk
4) Reputation risk
5) None of above

9. Sometimes the bank face which risk in the internet banking in the case of hushing attacks or any other fraudulent activities where the terms and conditions have not been framed adequately by the bank?
1) Volatility risk
2) Operational risk
3) Specified risk
4) Legal risk
5) Causality risk

10. Wrong implementation of unfavourable market conditions related to either the banking products offered through electronic channel is called ............
1) Statutory risk
2) System risk
3) Strategic risk
4) Employee risk
5) All of above

11. It is known fact that the bank staff and the customers in the internet banking have no personal interaction. The internet banking transfer transactions of dubious nature may be done by the offenders without much of hassles is called ..........
1) Credit risk
2) Phenomenon risk
3) Primary risk
4) Money laundering risk
5) None of above

12. NABARD set up how much corpus fund to provide loans to cold chains as declared on 3 November 2014?
1) Rs.100 crore
2) Rs.500 crore
3) Rs.750 crore
4) Rs.1000 crore
5) None of above

13. RBI on 31 October 2014 has raised the limit for urban co-operative banks (UCBs) to sanction loan against gold collateral to ............
1) Rs.3 Lakh
2) Rs.10 Lakh
3) Rs. 2 Lakh
4) Rs. 4 Lakh
5) None

14. Which Indian bank on 26 September 2014 said it has signed a line of credit (LoC) of $500 million with Export-Import Bank of Korea (Korea EXIM Bank)?
1) Bank of India
2) Union Bank of India
3) SBI
4) BOB
5) SBH

15. Five associate banks would raise about ..... capital to meet Basel III norms in the next five years as stated on 21 September 2014.
1) Rs.33,000 cr
2) Rs.5,000 cr
3) Rs.12,000 cr
4) Rs.75,000 cr
5) Rs.19,000 cr

16. Rashtriya Ekta Diwas celebrates on 31 October on the eve of birth day of ..........
1) Mahatma Gandhi
2) Deendayal Upadhyaya
3) Sardar Vallabhai Patel
4) Jayaprakash Narayan
5) Shyam Prasad Mukherjee

17. Locate the wrong combination.
1) National Diabetes day - 14 November
2) International Day of Students - 18 November
3) International Day for Tolerance - 16 November
4) International Men's Day - 19 November
5) International Day for the Elimination of Violence Against Women - 25 November

18. Demonstrating the mission of promoting the growth and development of Micro, Small and Medium Enterprises with dedication and commitment, the Ministry of Micro, Small and Medium Enterprises was conferred with ......................
1) ISO 9001 : 2010
2) ISO 9001 : 2011
3) ISO 9001 : 2009
4) ISO 9001 : 2008
5) None of above

19. Union Minister for Micro, Small & Medium Enterprises is ..........
1) Kalraj Mishra
2) Venkaiah Naidu
3) Nitin Gadkari
4) Sushma Swaraj
5) None of above

20. On 18th October 2014, the second Para Asian Games begins at ...........
1) New Delhi
2) Tokyo
3) Pyongyang
4) Manila
5) Incheon

21. Slogan of second Para Asian games 2014 is ...........
1) Inspire a Generation
2) People, Place, Passion
3) Diversity Shines Here
4) A Wave of Passion, Now Begins!
5) None of above

22. Amit Kumar won a gold medal in second Para Asian games in .....
1) Athletics
2) Badminton
3) Swimming
4) Power lifting
5) Judo

23. On 20 October 2014, Joko Widodo assumed office as the new president of .........
1) Fiji
2) New Zealand
3) Turkey
4) Philippines
5) Indonesia

24. Indonesia capital is Jakarta and its currency is ...........
1) Real
2) Peso
3) Lira
4) Rupiah
5) Taka

25. Currency code of Indonesian Rupiah is .......
1) INR
2) IND
3) IDR
4) RUI
5) None of above

26. "Chalein Saath Saath: Forward Together We Go" is the vision statement between ...........
1) India and Bhutan
2) India and Nepal
3) India and USA
4) India and China
5) None

27. Umbrella Revolution in the news recently relates to ....................
1) Demand for democracy by Hong Kong people
2) Demand for separate nation by Kashmir people
3) Demand by India to join in UNO Security Council
4) Demand for the separate state by the people of Vidarbha in Maharashtra
5) None of above

28. On 20 October 2014 WHO declared which nation as Ebola free country?
1) Guinea
2) Burkina Faso
3) Mali
4) Ghana
5) Nigeria

29. Which nation tourism department on 18 October 2014 launched the Gandhi - Inspired Tourist Attraction project that identifies 13 places that were connected to his life?
1) Pakistan
2) UK
3) South Africa
4) Bangladesh
5) None

30. On 12 October 2014, India declared how much aid for reconstruction of Gaza Strip that was destroyed during the Palestine and Israel conflict?
1) $ 10 million
2) $ 4 billion
3) $ 3 million
4) $ 2 million
5) $ 4 million

31. India announced to contribute ............. to the United Nations to fight the deadly Ebola virus in Africa on 25 September 2014.
1) $ 18 million
2) $ 2 million
3) $ 12 billion
4) $ 12 million
5) None

32. India successfully test-fired it's indigenously developed nuclear capable sub-sonic missile Nirbhay from ...................
1) Thiruvananthapuram
2) Sriharikota
3) Chennai
4) Chandipur
5) None

33. Which state government's rural development and rural water supply system drew the World Bank and UNICEF. The highlight of the project is to supply filtered- and arsenic-free water to the rural households?
1) Odisha
2) Bihar
3) West Bengal
4) Assam
5) Tripura

34. Which state government on the eve of Rajyotsava on 1 November 2014, changed the name of Bangalore into Bengaluru, Mangalore into Mangaluru? On the same day it also changed the names of other 9 cities or towns, saying good bye to colonial names.
1) Andhra Pradesh
2) Odisha
3) Karnataka
4) Tamilnadu
5) None

35. MIGA is one of the lending agency of World Bank group. MIGA stands for ...............
1) Mutual Investment Guarantee Agency
2) Multilateral Investment Goods Agency
3) Multilateral Investment Guarantee Agency
4) Multilateral Internal Guarantee Agency
5) None

36. Headquarters of the international agencies/ summits given. Locate the wrong option.
1) UNO-New York
2) UNESCO-Paris
3) IAEA-Tokyo
4) WTO-Geneva
5) SAARC-Kathmandu

37. 'The Oath of the Vayuputras' written by ......
1) Chetan Bhagath
2) Robin Sharma
3) Arundhati Roy
4) Narendra Modi
5) Amish Tripathi

38. 'Chanakya's Chant' written by ...............
1) Chetan Bhagath
2) Amish Tripathi
3) Ashwin Sanghi
4) Aravind Adiga
5) None

39. Fifth Annual Forex Assembly on 8 October 2014 inaugurated at ....................
1) Mumbai
2) Hyderabad
3) Kolkata
4) Chennai
5) Nagpur

40. "Kobane" city is under attack from "Islamic state" organization is located in ...............
1) Syria
2) Afganistan
3) Iraq
4) Pakistan
5) None

41. Six Software Technology Parks of India (STPIs) will be established in .................. as per the statement given by Union Government on 30 September 2014.
1) AP
2) Tamilnadu
3) Jammu & Kashmir
4) Odisha
5) Assam

42. Who among the following is the Director of Indian Cricket team whose tenure was extended till Cricket World Cup in 2015?
1) Sunil Gavaskar
2) Sandip Patel
3) Ravi Shastri
4) Vengsarkar
5) None

43. Jamia Millia University located in .............
1) Mumbai
2) Chennai
3) Rajkot
4) Baroda
5) New Delhi
Ans: 5

44. As part of supervision of cross border operations of Indian banks abroad, RBI sets up supervisory college for Axis Bank in ..........
1) Mumbai
2) Delhi
3) Pune
4) Hyderabad
5) Kanpur
Ans: 1

1-5, 2-5, 3-3, 4-4, 5-1, 6-5, 7-4, 8-4, 9-4, 10-3
11-4, 12-4, 13-3, 14-3, 15-1, 16-3, 17-2, 18-4, 19-120-5
21-4, 22-1, 23-5, 24-4, 25-3, 26-3, 27-1, 28-5, 29-3, 30-5
31-4, 32-4, 33-3, 34-3, 35-3, 36-3, 37-5, 38-3, 39-1, 40-1
41-4, 42-3, 43-5, 44-1


1. Which of the following banks has recently introduced mobile banking service for its customers,
to commemorate 50 years of its journey in the Indian financial sector?
a) Union Bank of India
b) IDBI Bank
c) Kerala Grameena Bank
d) Karur vysya Bank
e) ICICI Bank

2. Currency Swap is an instrument to manage?
a) Interest rate risk
b) Currency risk
c) Currency and interest rate risk
d) Cash inflows in different currencies
e) All of the above

3. The RBI widened infrastructure sector lending sub-category recently. Which of the following sectors qualify for infrastructure sector lending?
a) Communication
b) Water and sanitation
c) Energy
d) Transport
e) All the above

4. Expand the term IMPS.
a) Immediate Mobile Payment Service
b) Inter-Mobile Payment Service
c) International Mobile Payment Service
d) Instant Payment Service
e) None of these

5. Doha Bank , which has been sanctioned licence to start its operations in India, belongs to which
of the following countries?
a) Kuwait
b) Iran
c) Bahrain
d) Qatar

6. CAPART (Council for Advancement of People's Action and Rural Technology) is associated
with which of the following?
a) Energy Sector
b) Rural Development
c) Infrastructure
d) Foreign Trade
e) None of these

7. How many alphabets will be there in PAN CARD provided by Income Tax Department?
a) Four
b) Five
c) Seven
d) Three
e) SIX

8. Which of the following banks has recently approved 30 million US dollars loan to Assam which
will help it in its drive to eliminate power sector inefficiencies that are hurting its consumers, its
world-famous tea industry, and its environment?
a) World Bank
b) Asian Development Bank
c) Yes Bank
d) Indian Bank
e) All of the above

9. Under provisions of which one of the following Acts, the RBI issues directives to the Banks in
a) Banking Regulation Act
b) Essential Commodities Act
c) RBI Regulation Act
d) RBI and Banking Regulation Act
e) None of these

10. Which of the following companies will be provided equity investment of 50 million US dollars by The Asian Development Bank ?
a) Tata Power
c) ReNew Power Ventures Private Limited
e) None of these

11. Which of the following can be obtained only from a bank?
a) Demand draft
b) Postal Stamps
c) Judicial Stamp Papers
d) Birth Certificates
e) All of these

12. SBI has launched six digital branches across the country as part of its programme to offer next
generation banking solutions. What is the name given to these digital branches?
a) SBI Digital
b) SBI Intouch
c) SBI Tech
d) Digi SBI
e) None of these

13. C Rangarajan Committee has recently submitted its report on which of the following matters?
a) Sanitation
b) Food
c) Poverty
d) Education
e) All of these

14. Which among the following committee is set up for giving clear definitions to FDI and FII with
an aim to remove ambiguity over the two types of foreign investments?
a) Gopinath committee
b) Subir Gokarn committee
c) Arvind Mayaram committee
d) Sushma Nath committee
e) None of these

15. The erstwhile UTI Bank is presently known as:
a) ING Vaisya Bank
b) Yes Bank
c) Indus Ind Bank
d) Axis Bank

16. The abbreviation UIDAI stands for
a) Unique Identification Division of All India
b) Unique Identification Department of Ancient India
c) Unique Identity Division of Ancient India
d) Unique Identification Authority of India
e) None of these

17. Ms.Christine Lagarde is holding which of the following positions at present?
a) Chief of Asian Development Bank
b) Chief of International Monetary Fund
c) Chancellor of Germany
d) Chief of Morgan Stanley
e) Chief of World Bank

18. It is mandatory to quote the following identification number on all large value financial transactions.
a) PAN number
b) Voter ID
c) PIN
d) Ration Card Number
e) Phone Number

19. Which of the following is NOT a Banking or Finance Company?
a) Barclay
b) Luftansa
c) BNP Paribas
d) American Express

20. Which of the following is the part of the name of a Public Sector Bank in India?
a) Jindal
b) Gokhale
c) Jaipuria
d) Tata
e) Dena

1) b; 2) d; 3) e; 4) a; 5) d; 6) b; 7) e; 8) b; 9) a; 10) c;
11) a; 12) b; 13) c; 14) c; 15) d; 16) d; 17) b; 18) a; 19 b 20) e;

Sunday, November 9, 2014


1. India won a bronze medal for the first time in which of the following tournaments in May 2014?
1) Thomas Cup
2) Uber Cup
3) Sudirman Cup
4) Fed Cup
5) None of these

2. Narendra Damodardas Modi was sworn in as the 15th Prime Minister of India on?
1) May 16, 2014
2) May 20, 2014
3) May 26, 2014
4) June 2, 2014
5) May 13, 2014

3. Jose Mario Vaz assumed office as the President of which of the following African countries on June 23, 2014?
1) Liberia
2) South Sudan
3) Sierra Leone
4) Guinea-Bissau
5) Lesotho

4. Donna Vekic won the 2014 Malaysian Open tennis title. She belongs to?
1) Slovakia
2) Czech Republic
3) Serbia
4) Uzbekistan
5) Croatia

5. The 2014 UNESCO Guillermo Cano World Press Freedom Prize was won by Ahmet Sik, an investigative journalist from?
1) Iran
2) Iraq
3) Syria
4) Turkey
5) Kuwait

6. The 24th ASEAN Summit was held in which of the following cities in May 2014?
1) Singapore
2) Jakarta
3) Manila
4) Bandar Seri Begawan
5) Nay Pyi Taw

7. A two-day conference on nuclear test ban for Southeast Asia and Pacific Far East regions was held in May 2014 in?
1) Burma
2) Japan
3) Indonesia
4) South Korea
5) Philippines

8. The International Union for Conservation of Nature (IUCN) is headquartered in?
1) France
2) UK
3) Canada
4) Sweden
5) Switzerland

9. Who decides whether a Bill is a Money Bill or not?
1) Union Finance Minister
2) President
3) Prime Minister
4) Lok Sabha Speaker
5) Union Parliamentary Affairs Minister

10. Achanakmar Wildlife Sanctuary is located in?
1) Madhya Pradesh
2) Odisha
3) Chhattisgarh
4) Assam
5) Karnataka

11. The 2015 Special Olympics World Summer Games for athletes with intellectual disabilities will
be held in?
1) Dublin, Ireland
2) Toronto, Canada
3) Shanghai, China
4) Los Angeles, USA
5) Frankfurt, Germany

12. Naveen Patnaik has been sworn in as the Chief Minister of Odisha for the?
1) Second consecutive term
2) Third consecutive term
3) Fourth consecutive term
4) Fifth consecutive term
5) None of these

13. Who assumed office as the President of Panama on July 1, 2014?
1) Isabel Saint Malo
2) Ricardo Martinelli
3) Samuel Lewis Navarro
4) Juan Carlos Varela
5) None of these

14. In which of the following states the ruling party is Biju Janata Dal?
1) Bihar
2) Tripura
3) Odisha
4) West Bengal
5) Karnataka

15. Mark Selby and John Astley are associated with?
1) Snooker
2) Golf
3) Chess
4) Table Tennis
5) Athletics

16. Ehud Olmert was sentenced to six years in prison for bribery. He is the former Prime Minister of?
1) Syria
2) Israel
3) Yemen
4) Lebanon
5) Libya

17. Which of the following is the currency of Argentina?
1) Real
2) Riel
3) Shekel
4) Peso
5) Franc

1) 2 2) 3 3) 4 4) 5 5) 4 6) 5 7) 3 8) 5 9) 4 10) 3
11) 4 12) 3 13) 4 14) 3 15) 1 16) 2 17) 4


1. In the Global Gender Gap Report 2014, India has been ranked?
1) 114
2) 101
3) 136
4) 124
5) 121

2. Which country topped the Global Gender Gap Report 2014?
1) Iceland
2) Finland
3) Norway
4) Sweden
5) Denmark

3. Michael Sata died in London on October 28, 2014. He was the President of?
1) Somalia
2) Sudan
3) Zambia
4) Tanzania
5) Lesotho

4. Who assumed office as the Chief Minister of Haryana on October 26, 2014?
1) Ram Bilas Sharma
2) Anil Vij
3) Narbir Singh
4) Manohar Lal Khattar
5) Abhimanyu

5. Who was/were inducted into Don Bradman Hall of Fame on October 29, 2014?
1) Sachin Tendulkar
2) Steve Waugh
3) Ricky Ponting
4) Both 1 and 2
5) All 1, 2 and 3

6. The Asian Infrastructure Investment Bank (AIIB) is an international financial institution proposed by?
1) South Korea
2) Philippines
3) China
4) India
5) Japan

7. How many countries signed an agreement to become founding members of the Asian Infrastructure Investment Bank?
1) 20
2) 21
3) 24
4) 25
5) 28

8. The gender gap index was first introduced in 2006 by the?
1) World Bank
2) International Monetary fund
3) World Economic Forum
4) UN Women
5) United Nations Organization

9. Who is the author of the book 'Fantastic Beasts and Where to find Them'?
1) Carlotta Gall
2) J.K. Rowling
3) Eimear McBride
4) Wendy Doniger
5) None of these

10. T.R. Zeliang was sworn in as the Chief Minister of which of the following States on May 24, 2014?
1) Arunachal Pradesh
2) Tripura
3) Nagaland
4) Assam
5) Manipur

11. The Central Vigilance Commissioner is appointed by the?
1) Prime Minister
2) Home Minister
3) President
4) Vice President
5) Lok Sabha Speaker

12. Which of the following is the name of Advanced Light Helicopter?
1) Rudra
2) Cheetah
3) Chetak
4) Dhruv
5) Tejas

13. Who is the current Chairman of the Competition Commission of India?
1) Ashok Chawla
2) M.L. Tayal
3) S.L. Bunker
4) Sudhir Mittal
5) U.C. Nahta

14. Who is the first Indian scientist to reach the h-index of 100?
1) CNR Rao
2) CV Raman
3) APJ Abdul Kalam
4) A. Shivathanu Pillai
5) None of these

15. Lingaraja Temple is located in which of the following cities?
1) Kanchipuram
2) Bhubaneswar
3) Kolkata
4) Bhopal
5) Patna

16. 'Inclusive Growth' is a phrase used in India's?
1) 11th Plan
2) 12th Plan
3) 10th Plan
4) Both 1 and 2
5) All 1, 2 and 3

17. Whose best known works are 'The Golden Notebook', Memoirs of a Survivor' and 'The Summer Before the Dark'?
1) Alice Munro
2) Hilary Mantel
3) Doris Lessing
4) Herta Muller
5) Eleanor Catton

18. Classification of an enterprise into public or private sector is based on?
1) Number of employees in the enterprise
2) Ownership of assets of the enterprise
3) Employment conditions for workers in the enterprise
4) Nature of products manufactured by the enterprise
5) None of these

19. The Internal Security Academy was established under the aegis of Ministry of Home Affairs,
Government of India at?
1) Hyderabad
2) Mount Abu
3) Nasik
4) Dehradun
5) Pune

20. Dul Hasti hydroelectric power plant is located in?
1) Assam
2) West Bengal
3) Jammu and Kashmir
4) Arunachal Pradesh
5) Himachal Pradesh

21. Dalia Grybauskaite was reelected as the President of which of the following countries in May
1) Lithuania
2) Latvia
3) Slovenia
4) Costa Rica
5) Slovakia

22. Which country won the Uber Cup women's badminton title in New Delhi on May 24, 2014?
1) Japan
2) China
3) India
4) Malaysia
5) South Korea

23. Kristin Lund is the first-ever woman to serve as the head of a UN peace keeping operation. She belongs to?
1) Denmark
2) Latvia
3) Norway
4) Finland
5) Netherlands

1) 1 2) 1 3) 3 4) 4 5) 4 6) 3 7) 2 8) 3 9) 2 10) 3
11) 3 12) 4 13) 1 14) 1 15) 2 16) 4 17) 3 18) 2 19) 2 20) 3
21) 1 22) 2 23) 3


1. Primary relationship between a banker and customer starts from .......
1) when the customer opens a bank account.
2) when customer visits the bank.
3) when customer read the broacher of bank.
4) when the customer read the bank advertisement in the newspaper.
5) None of above

2. Relationship between banker and customer can be defined as .......
1) Ethical
2) Philosophical
3) Contractual
4) Negligible
5) Sacrosanct

3. In the case of the deposit of cash in the bank, the bank is ........ and the customer is .......
1) Employer, Employee
2) Master, Servant
3) Principal, Agent
4) Debtor, Creditor
5) None of above

4. Customer taken the loan from bank. Then the relation between bank and customer is that bank is ...... and customer is .......
1) Lesser, Lessee
2) Debtor, Creditor
3) Creditor, Debtor
4) Servant, Master
5) None of above

5. If the customer allowed to enjoy the overdraft then the customer is ........ and the bank is .......
1) creditor, debtor
2) agent, principal
3) master, servant
4) debtor, creditor
5) None of above

6. Usually, many customers are creditors of the bank. But which type of creditors they are?
1) General creditors
2) Preferential creditors
3) Privileged creditors
4) Special creditors
5) None of above

7. Locker provided by the bank to the customer, then bank is ....... and customer is .......
1) Employer, Employee
2) Lesser, Lesse
3) Debtor, Creditor
4) Creditor, Debtor
5) None of above

8. If the customer taken Demand Draft from the bank, then customer ....... and bank is .......
1) Under writer, writer
2) Owner, servant
3) Master, servant
4) Creditor, debtor
5) None of above

9. In the case of Cheque collection, bank is ...... and customer is ......
1) Debtor, Creditor
2) Creditor, Debtor
3) Master, Servant
4) Agent, Principal
5) None of above

10. Customer mortgaged the property with bank to raise the loan. Then ........
1) Bank is owner and customer is seller
2) Bank is agent and customer is principal
3) Customer is mortgagor and bank is mortgagee
4) Customer is debtor and bank is creditor
5) None of above is the correct option

11. Usually the customer gives some standing instructions to the bank at the time of doing banking transactions. Then .......
1) Bank is agent and customer is principal
2) Bank is borrower and customer is lender
3) Customer is master and bank is slave
4) Customer is lender and bank is borrower
5) None of above is the correct option

12. Money deposited by the customer but instructions not given for its disposal by the customer to the bank. Then customer is beneficiary and bank is ......
1) Owner
2) Garnishee
3) Trustee
4) Servant
5) Fiduciary

13. Bank has an obligation to honour cheque drawn on it provided the customer has sufficient funds. However this obligation is extinguished .......
1) On the last working day of every month, as it is closing day and bank need not hear what customer say
2) If the bank received the garnishee order from the court
3) If the bank received the oral instruction from the friend of the customer
4) If the customer changed his residential address and not intimated to the bank
5) None of above

14. In the following of which case, when the bank is liable?
1) Bank dishounered the cheque, though the funds are available.
2) Bank did not follow the standing instruction of the customer.
3) Bank employees made the theft of the goods put in the locker.
4) Bank employee took the cash deposited in the bank account.
5) In all above cases, the bank is liable and it should compensate the customer.

15. The relation between a banker and a customer comes to an end in which of the following case?
1) At the death of the customer
2) The customer closing the account i.e. voluntary termination
3) Liquidation of the company
4) The closing of the account by the bank after giving due notice
5) All of above

16. An electronic application of a physical passbook for savings bank and current accounts ‘mpass book’ on 22 October 2014 launched by ........
1) SBI
2) RBI
3) BOB

17. Government of India has set up a committee to frame bankruptcy law to enable entrepreneurs to close down unviable businesses under the chairmanship of .......
1) Gopalakrishna
2) Viswanathan
3) Malegam
4) G N Bajpai
5) K.V. Kamath

18. Which bank has raised Rs.2,500 crore by selling perpetual bonds at 10.75% annual coupon rate on 20 October 2014?
1) SBI
4) Axis Bank
5) BOB

19. Which bank was adjudged as the 'best bank' for use of Technology for Financial Inclusion in the edition of DRBT Banking Technology Excellence award for 2013-14 on 1 October 2014?
2) Karur Vysya Bank Limited
3) Federal Bank
4) United Bank of India
5) None

20. On 7 October 2014, which International Monetary Organization promised to provide an estimated investment of $2.5 billion to Andhra Pradesh government, to set up industrial zones in Visakhapatnam and Chennai Corridor?
2) IMF
3) IDA
4) BRICS New Development Bank
5) ADB

21. The combination of Bank and its punch line given. Locate the correct one.
1) Allahabad Bank - A tradition of trust
2) Andhra Bank - For all your needs
3) Bank of Baroda - India's International Bank
4) Bank of Maharashtra - One family one Bank
5) All of above

22. Consortium Advances increasing now a days. Consortium Advances mean .........
1) Many borrowers take loans from single bank
2) Self help groups loans giving to BPL families
3) Joint financing by more than one bank
4) RBI and Bank give loans to any single borrower
5) None of these

23. International stammering awareness day observed on .........
1) 12 October
2) 14 October
3) 18 October
4) 22 October
5) None

24. World Hand washing day celebrates on .......
1)18 Oct
2)19 Oct
3)15 Oct
4)16 Oct
5)17 Oct

25. Narendra Modi first radio speech on 3
October 2014 is christened as ......
1) Mera Man Appka Vikas
2) Sab Ka vikas Sab ke paas
3) Mera Batth Aap Suniye
4) Mann Ki Baat
5) None

26. Union Ministry of Science & Technology announces 'KIRAN' scheme for Women Scientists. KIRAN stands for Knowledge, Involvement, Research, Advancement through .......
1) Nurturing
2) Nurse Traineeship
4) New License System
5) None

27. On 3 October 2014, thirty two people killed and about 15 were injured in a stampede that occurred at the main Dussehra event at Gandhi Maidan in ........
1) Hyderabad
2) Gandhi Nagar
3) Sabarmathi
4) Wardha
5) Patna

28. Invest Madhya Pradesh − Global Investors Summit − 2014 inaugurated on 9 October 2014 at .......
1) Bhopal
2) Ujjain
3) Gwalior
4) Indore
5) Dewas

29. Which scheme will be launched to ensure housing for all by 2022 by the Union government in the light of Prime Minister’s call of ‘Har Parivar ko Ghar’?
1) Pandit Deendayal Urban Housing Mission
2) Jaya Prakash Narayan Urban Housing Mission
3) Sardar Patel Urban Housing Mission
4) Atal Urban Housing Mission
5) None

30. Lal Bahadur Shastri National Award for Excellence in Public Administration, Academics and Management for the year 2014 conferred on .......
1) Abdul Kalam
2) Dr. Apathukatha Sivathanu Pillai
3) Tessy Thomas
4) M.S. Swami Nathan
5) Arvind kejriwal

31. Union Transport Minister Nitin Gadkari launched ethanol-run environment-friendly public buses in ......
1) Nagpur
2) Hyderabad
3) Kochi
4) Kanpur
5) Jaipur

32. Khaled Bahah newly elected as Prime Minister of .......
1) Yemen
2) Dubai
3) Saudi Arabia
4) Afghanistan
5) None

33. Yemen capital Sana'a and its currency ......
1) Dollar
2) Pound
3) Peso
4) Lira
5) Rial

34. On 21 October 2014 at the National Constitution Centre in Philadelphia, who was conferred with Liberty Medal 2014. The award constituted in 1988 by USA?
1) Dalialama
2) Abdul Kalam
3) Nelson Mandela
4) Kailash Satyarthi
5) Malala Yousafzai

35. UK India Business Council chairman Patricia Hewitt in the commerce category, Dame Asha Khemka for services in the field of education and actor Madhav Sharma for culture were conferred with .........
1) Inaugural Dadabhai Naoroji Awards
2) Inaugural Nobel prizes
3) Inaugural Lal bahadur Shastri Awards
4) CSIR NRI Awards
5) None of above

36. On 23 September 2014 who was appointed as Prime Minister Narendra Modi's Sherpa for the Group of 20 annual Summit 2014?
1) Hardeep singh Puri
2) Jai Shankar
3) Nirupama Rao
4) Rajdeep Sardesai
5) Suresh Prabhu

37. Rajiv Mehrishi is appointed as the new ......
1) Revenue Secretary
2) Petroleum Secretary
3) Finance Secretary
4) Foreign Secretary
5) None of above

38. Who has been appointed as the new Chief Economic Advisor to the Indian government?
1) Kaushik Basu
2) Chidambaram
3) Arvind Subramanian
4) Ashok Gulati
5) None

39. On 8 October 2014, government of India decided to sell LED bulbs to households at .......... against the market price of 400 rupees.
1) 20 rupees
2) 40 rupees
3) 50 rupees
4) 70 rupees
5) 10 rupees

40. Species and Spaces, People and Places is the report released by ........
1) UNO
3) WTO
4) WWF
5) None

1-1, 2-3, 3-4, 4-3, 5-4, 6-1, 7-2, 8-4, 9-4, 10-3
11-1, 12-3, 13-2, 14-5, 15-5, 16-1, 17-2, 18-3, 19-3, 20-5
21-5, 22-3, 23-4, 24-3, 25-4, 26-1, 27-5, 28-4, 29-3, 30-2
31-1, 32-1, 33-5, 34-5, 35-1, 36-5, 37-3, 38-3, 39-5, 40-4.

Monday, October 27, 2014


1. Seeking to boost manufacturing sector, Govt. has extended the benefits of the NMP throughout the country wherever industry can organise itself into clusters and adopt a selfregulatory model. What does NMP stand for?
1) National Marketing Policy
2) National Manufacturing Policy
3) National Maintenance Policy
4) National Manufacturing Practice
5) National Manufacturing Promotion

2. Which combined military training exercise "Yudh Abhyas 2014" has been conducted in the foothills of Himalayas of Chaubattia in Uttarakhand from September 17 to 30, under the aegis of Garud Division/ Surya Command?
1) Indo-US
3) Indo-Pak
4) Indo-UAE
5) Indo-Aus

3. As per the new rules formed by the Govt. aimed at checking political interference, officers of the three premier services IAS, IPS and IFS will now spend at least what time in each posting?
1) One year
2) Two years
3) Three years
4) Four years
5) Five years

4. In a step towards better management of its borrowings, the central govt. has prepared PDMA Bill. Consider the following with respect to PDMA:
(A) PDMA is acronym for Public Debt Management Agency.
(B) The proposed agency will be established as a statutory body.
(C) It is expected to take away the borrowing task from the RBI.
Which of the above statements is/ are correct?
1) Only (A)
2) Only (B)
3) Only (C)
4) Only (A) and (B)
5) Only (A) and (C)

5. According to the Sixth Economic Census 2013 released on 9 September 2014, the highest percentage of hired workers in India is present in which State?
1) AP
2) MP
3) Arunachal Pradesh
4) Odisha
5) Assam

6. The Union Cabinet approved the creation of India Inclusive Innovation Fund (IIIF) recently. Consider the following in this regard and choose the correct statement(s):
1) The National Innovation Council and the Ministry of Micro, Small and Medium Enterprises (MSME) have jointly created the fund.
2) IIIF seeks to leverage the model of venture capital to transform the lives of the less privileged
in the country.
3) The fund will be registered with the SEBI with an initial corpus of Rs.5,000 cr.
4) All the above
5) Only (1) and (2)

7. The central bank of which of the following countries has approved domestic trading in the Chinese Yuan, Japanese Yen, Australian Dollar as well as Indian Rupee in a move that will effectively make those currencies legal tender in the country?
1) Azerbaijan
2) Mogadishu
3) Zimbabwe
4) Nigeria
5) Bhutan

8. In the recently concluded 17th Asian games India won 57 medals. India placed in ........ position
1) 11th
2) 8th
3) 6th
4) 13th
5) 7th

9. The high-level committee that was constituted by Supreme Court in January 2014 in its report on 8 September 2014 revealed that most of the deemed universities are unfit for the status. Which is that high-level committee?
1) H Devaraja Committee
2) V Seneghal Committee
3) Tandon Committee
4) Mudgal Committee
5) Sri Krishna Committee

10. Which of the following is the first country, Narendra Modi visited as Prime Minister of India?
1) Malaysia
2) Japan
3) USA
4) Bangladesh
5) Bhutan

11. In the recently concluded Asian games, with which of the following partner India's Sania Mirza won the gold medal in the mixed doubles?
1) Horia Tecau
2) Mahesh Bhupathi
3) Saketh Myneni
4) Rohan Bopanna
5) None of these

12. President Pranab Mukherjee conferred Ashok Chakra upon K Prasad Babu posthumously on 65th Republic Day. He was a Sub- Inspector in Greyhounds in the state of...
1) Odisha
2) Jharkhand
3) Bihar
4) West Bengal
5) Andhra Pradesh

13. In which of the following states, Wildlife Trust of India (WTI) and Tata Chemicals Limited (TCL) in first week of September 2014 signed a Memorandum of Understanding (MoU) to setup India's first of its kind Coral Garden?
1) Gujarat
2) Odisha
3) Telangana
4) Andhra Pradesh
5) Madhya Pradesh

14. Parliament of Iraq on 8 September 2014 approved a new government headed by a person as Prime Minister. Who is that person to head the government as Prime Minister?
1) Haider-al-abadi
2) Osama − al− Zuferi
3) Abdul Kjader
4) Hoshyar Zubedi
5) None

15. McKinsey India Chairman 'Adil Zainulbhai' has been appointed as the Chairman of Quality Council of India (QCI) for a period of...
1) 5 years
2) 2 years
3) 4 years
4) 3 years
5) 6 years

16. World observed "International Day for the preservation of the Ozone Layer 2014" on..
1) September 16
2) September 12
3) September 17
4) September 20
5) September 22

17. Central Board of Direct Taxes (CBDT) exempts winners of which of the following awards/ games from paying income tax on cash or other rewards given by the govt?
1) Ramon Magsaysay award
2) Olympics
3) Commonwealth games
4) All the above
5) None of these

18. The Supreme Court has laid down 12 guidelines for authorities in dealing with death-row prisoners recently. Which of the following is NOT true in this regard?
1) All the required documents/ records should be sent to the Ministry of Home Affairs (MHA) in one stroke.
2) The rejection of mercy plea by the President should be communicated to prisoners in
3) There should be a gap of 30 days between receipt of communication of rejection of
mercy petition and execution date.
4) The post-mortem of death convicts after their hanging has been made obligatory.
5) None of these

19. Kaushik Basu is going to be the second Indian after Amartya Sen to head?
1) Indian Economic Association
2) Indian Civics Association
3) Indian Economic Council
4) Economic association of India
5) None

20. The Arvind Mayaram panel is considering redefining overseas inflow. As per the proposal, any individual investment above 10 percent of the paid-up capital in a listed company will be treated as which of the following?
1) Foreign Direct Investment
2) Foreign Portfolio Investment
3) Qualified Foreign Investors
4) Foreign Institutional Investment
5) None

21. Which of the following is NOT correct about India's strategic missile Agni-IV?
1) It is a nuclear-capable strategic missile and has a strike range of about 4,000 km
2) The missile cannot be launched from a roadmobile launcher.
3) It has two stages of solid propulsion
4) It has a re-entry heat shield which can withstand temperature of more than 3000 degrees Celsius.
5) It carries state-of-the-art Ring Laser Gyros based high accuracy INS and Micro Navigation System (MINGS).

22. Which of the following cricket teams lost its one-day international status recently after it failed to win the final super six game in New Zealand in the World Cup qualifiers?
1) Kenya
2) Zimbabwe
3) Scotland
4) UAE
5) None of these

23. Mission Mangalam, an integrated poverty alleviation and rural woman empowerment initiative of which among the following states?
1) West Bengal
2) Rajasthan
3) Gujarat
4) Kerala
5) Arunachal Pradesh

24. As per currently prevailing norms, 49 percent FDI is allowed under automatic route in private sector banks in India. However, under the govt route FDI limit is up to...
1) 64%
2) 74%
3) 84%
4) 94%
5) 100%

25. The RBI announced to conduct open market operations, aimed to adjust the rupee liquidity conditions in the market by selling or purchasing which of the following?
1) Govt. securities
2) Public Sector Banks (PSB's) shares
3) Shares of blue chip PSUs
4) Gold
5) None of these

26. The Govt. had set up a six-member committee to address concerns of people from the Northeast following outrage over the death of a 19-year-old student in Delhi from Arunachal Pradesh. The Committee was headed by...
1) P Bharat Singh
2) Tape Bagra
3) Allen Temshi Jamir
4) HWT Syeim
5) MP Bezbaruah

27. After the direct benefit transfer project, the Govt. is now planning to usher in a DTH scheme. Which of the following is correct with respect to this scheme?
1) DTH is the acronym for Direct-To-Home.
2) The scheme has already been initiated in Andhra Pradesh and will now be implemented across the country.
3) All wages, pensions, maternity benefits and subsidy schemes meant for the people will actually be delivered directly to the family through Micro ATMs and other means.
4) All the above
5) Only (1) and (3)

28. Which of the following has been appointed as India's permanent representative to International Renewable Energy Agency?
1) Anil Nair
2) T.R. Chandrasekhar
3) Kushal Singh
4) Arvind Nair
5) T.P. Seetharam

29. Which of the following is/ are correctly matched with respect to bank's classification of their non-performing assets (NPAs)?
(A) Sub-standard asset: an asset which has remained NPA for a period not exceeding 12 months
(B) Doubtful Asset: an asset which has remained NPA for a period exceeding 12 months
(C) Loss asset: an asset which cannot be recovered
1) All the above
2) Only (A)
3) Only (B)
4) Only (C)
5) Only (A) and (B)

30. Any tangible assets that an organisation uses to produce goods or services such as office buildings, equipment and machinery, is termed as which of the following?
1) Fast moving consumer goods
2) White goods
3) Capital goods
4) Brown goods
5) None of these

31. In the latest Railway budget, the government has announced the first bullet train in which of the following corridor?
1) Mumbai-Ahmedabad
2) Delhi-Kanpur
3) Delhi-Kolkata
4) Varanasi-Chennai
5) Mumbai - Pune

32. Susie Wolff becomes the first woman to take part in a Formula1 racing weekend race in 22 years during the British Grand Prix. Who was the last woman to enter the F1 world Championship?
1) Christiana Amati
2) Lella Lombardi
3) Susi Headen
4) Giovanna Amati
5) None

33. Super Typhoon Neoguri, the strongest typhoon so far in 2014 Western Pacific season smashed which of the following countries?
1) China
2) Japan
3) Canada
4) USA
5) UAE

34. NABARD has sanctioned loans worth over Rs 19,100 cr under RIDF to states for agriculture and allied activities. Expand RIDF....
1) Rural Industries Development Fund
2) Rural Infrastructure Development Facility
3) Rural Innovation and Development Fund
4) Rural Irrigation Development Fund
5) Rural Infrastructure Development Fund

35. The Reserve Bank of India has suggested the use of PKI in payment system application. PKI, enables internet users to securely and privately exchange data and money, stands for...
1) Public Key Initiative
2) Public Key Information
3) Public Key Interference
4) Public Key Introduction
5) Public Key Infrastructure

36. The Sant Kabir award is given for the personalities who have given outstanding contribution in which field among these?
1) Handicrafts and Handlooms
2) Agriculture
3) Cultural Heritage
4) Environmental Studies
5) Peace and Harmony

37. Who among the following has been elected as the new president of the Indian Olympic Association (IOA)? India returned to the Olympic fold after a 14-month suspension following his election:
1) Lalit Bhanot
2) Abhay Singh Chautala
3) Anil Khanna
4) Rajeev Mehta
5) N. Ramachandran

38. The "Golden Pen of Freedom Award" is an annual international journalism award given by which organisation?
1) World Association of the News papers
3) Times Group
5) None of these

39. The Penguin publications announced to withdraw a book, The Hindus: An Alternative History after some Hindu activists opposed the book. Who is the author of the book?
1) Sheldon Pollock
2) Sudhir Kakar
3) Rajiv Malhotra
4) Marjorie Garber
5) Wendy Dongier

40. Indian Air Force has launched its first 3D mobile game to encourage youths to join the Air Force. What is the name of that Game?
1) Guardian of the Sky
2) Sky Protectors
3) Protectors & Scrappers
4) Sky Guardians
5) None of these


1-2, 2-1, 3-2, 4-5, 5-3, 6-5, 7-3, 8-2, 9-1, 10-5
11-3, 12-5, 13-1, 14-1, 15-4, 16-1, 17-4, 18-3, 19-1, 20-1
21-2, 22-1, 23-3, 24-2, 25-1, 26-5, 27-4, 28-5, 29-1, 30-3
31-1, 32-4, 33-2, 34-5, 35-5, 36-1, 37-5, 38-1, 39-5, 40-1

Sunday, October 26, 2014


1. Who replaced Arvind Mayaram as the Economic Affairs Secretary in October 2014?
1) Anil Swarup
2) S.K. Srivastava
3) Alok Rawat
4) Rajiv Mehrishi
5) Vinod Agrawal

2. The European Parliament has awarded its highest human rights accolade, the Sakharov Prize for Freedom of Thought to?
1) Edward Snowden
2) Denis Mukwege
3) Leyla Yunus
4) Muhammad Yunus
5) Alan Rusbridger

3. Which of the following teams defended the Sultan of Johor Cup under-21 hockey title on October 19, 2014?
1) India
2) Great Britain
3) Australia
4) New Zealand
5) South Korea

4. Who won the 2014 Man Booker Prize for his book "The Narrow Road to the Deep North"?
1) Howard Jacobson
2) Joshua Ferris
3) Richard Powers
4) Richard Flanagan
5) David Mitchell

5. Who will head the National Committee to commemorate the 125th birth anniversary of India's
first Prime Minister, Jawaharlal Nehru?
1) Karan Singh
2) Sonia Gandhi
3) Sushma Swaraj
4) Arun Jaitley
5) Narendra Modi

6. Who won the Challenger tennis tournament at the Indore Club Courts on October 19, 2014?
1) Saketh Myneni
2) Somdev Devvarman
3) Yuki Bhambri
4) R. Ramkumar
5) None of these

7. Identify the mismatched pair regarding Author and Book.
1) Joshua Ferris: To Rise Again at a Decent Hour
2) Karen Joy Fowler: We Are All Completely Beside Ourselves
3) Joseph O'Neill: The Dog
4) Niall Williams: History of the Rain
5) Neel Mukherjee: How to be Both

8. Sultan of Johor Cup is an annual international under-21 field hockey tournament held in?
1) Pakistan
2) Bangladesh
3) Malaysia
4) Indonesia
5) Iran

9. Who among the following is not a Golf player?
1) Anirban Lahiri
2) Baek Seuk-Hyun
3) Bubba Watson
4) Louis Oosthuizen
5) Vladimir Klitschko

10. The Supreme Court lifted the 19-month ban on iron ore mining in which of the following states in April 2014?
1) Karnataka
2) Maharashtra
3) Goa
4) Odisha
5) Kerala

11. Who is the author of the book "Urban Villager -Life in an Indian Satellite Town"?
1) Mukul Kesavan
2) Vandana Vasudevan
3) Rashmi Bansal
4) Chetan Bhagat
5) None of these

12. DRT is associated with?
1) Deposit insurance
2) Recurring deposits
3) Loan recovery
4) Demand deposits
5) Fixed deposits

13. Dactylography is commonly known as?
1) Carbon dating
2) Water printing
3) Finger printing
4) Electro cardiogram
5) None of these

14. Curcumin is a derivative of which of the following?
1) Ginger
2) Turmeric
3) Garlic
4) Sunflower
5) Jasmine

15. Who is the first Indian woman winner of Miss Universe?
1) Aishwarya Rai
2) Rita Faria
3) Lara Dutta
4) Sushmita Sen
5) Diana Hayden

16. Which of the following books is not written by Salman Rushdie?
1) Shame
2) Midnight's Children
3) The Satanic Verses
4) The Moor's Last Sigh
5) The Shape of the Beast

17. MENA refers to the countries in?
1) Middle East and North African countries
2) Middle East and North American countries
3) Mediterranean Europe and North Atlantic countries
4) Mediterranean Europe and North American countries
5) None of these

18. Open market operations refer to the sale and purchase by the Reserve Bank of India of?
1) Foreign currency
2) Gold
3) Government bonds
4) All the above
5) None of these

19. The agency that estimates national income in India is?
1) RBI
2) Planning Commission
3) CSO
4) Finance Ministry
5) None of these

20. Who is the author of 'Panchatantra'?
1) Banabhatt
2) Vishnu Sharma
3) Jaya Deva
4) Hala
5) None of these

21. IRDA is the Indian regulator for the?
1) Banking sector
2) Mutual funds
3) Rural development
4) Insurance sector
5) None of these

22. The Speaker of the Lok Sabha is?
1) Elected by Members of the Lok Sabha
2) Appointed by the President
3) The leader of the majority party in the Lok Sabha
4) The Senior most member of the Lok Sabha
5) None of these

23. Which two institutions are popularly referred to as the Bretton Woods Twins?
1) IMF and World Bank
2) World Bank and ADB
3) ADB and IMF
4) UNO and WTO

24. Financial Action Task Force (FATF) is an inter-governmental body concerned with?
1) Money laundering
2) Stock markets
3) Foreign Direct Investment
4) Foreign Institutional Investors
5) None of these

25. The movie 'Life of Pi' is based on a novel written by?
1) Peter Carey
2) Alan Hollinghurst
3) Yann Martel
4) P.H. Newby
5) Eleanor Catton

26. LIDL, Walgreen, ASDA and Kroger are?
1) Automobile companies
2) Retailers
3) Electronic product manufacturers
4) Oil companies
5) None of these

27. Which bank was the first to introduce the Automated Teller Machine (ATM) in India?
2) Citibank
3) Standard Chartered Bank
4) HDFC Bank
5) SBI

28. The Three Gorges Dam is located in?
1) China
2) Brazil
3) Russia
4) Japan
5) Vietnam

29. Who created the cartoon character Richie Rich?
1) Elzie Crisler Segar
2) Dan Yaccarino
3) William Hanna
4) Walt Disney
5) Alfred Harvey

30. Bombay House in Mumbai serves as the head office of the?
1) Tata Group
2) Reliance Industries limited
3) Aditya Birla Group
4) K.K. Birla Group
5) Yash Birla Group

31. Recommendations of which committee led to the reforms in the banking sector in India in the Nineties?
1) Malhotra committee
2) Narsimham committee
3) Mayaram committee
4) Damodaran committee
5) Tarapore committee

32. Which country is the largest producer of newsprint?
1) Indonesia
2) Finland
3) Canada
4) China
5) None of these

33. India's Direct Cash Transfer scheme draws similarities from models of?
1) Brazil
2) Germany
3) Australia
4) USA
5) UK

34. How many pairs of chromosomes exist in a human cell?
1) 12
2) 23
3) 34
4) 45
5) 46

35. 'Relationship beyond banking' is the tagline of?
1) State Bank of India
2) Central Bank of India
3) Bank of India
4) Bank of Baroda
5) Bank of Maharashtra

36. Which instrument measures blood pressure?
1) Sphygmomanometer
2) Hygrometer
3) Saccharimeter
4) Spherometer
5) Lactometer

37. Who among the following is not a banker?
1) Shikha Sharma
2) Chanda Kochhar
3) Nainalal Kidwai
4) Kiran Mazumdar Shaw
5) Arundhathi Bhattacharya

38. The currency of which of the following countries is Litas?
1) Lithuania
2) Liberia
3) Latvia
4) Laos
5) Lebanon

39. Manama is the capital city of which of the following countries?
1) Panama
2) Liberia
3) Bahrain
4) Peru
5) Uruguay

40. Bhaka Wata is a dance form of?
1) Assam
2) Tripura
3) Bihar
4) Odisha
5) Jharkhand

1) 4 2) 2 3) 1 4) 4 5) 5 6) 1 7) 5 8) 3 9) 5 10) 3
11) 2 12) 3 13) 3 14) 2 15) 4 16) 5 17) 1 18) 3 19) 3 20) 2
21) 4 22) 1 23) 1 24) 1 25) 3 26) 2 27) 1 28) 1 29) 5 30) 1
31) 2 32) 3 33) 1 34) 2 35) 3 36) 1 37) 4 38) 1 39) 3 40) 4

Sunday, October 19, 2014


1.    Currency of Spain – Euro

2.    Jan Dhan Yojana Benefits – Overdraft Loan in Bank Account

3.    Foreign Institutional Investor – FII

4.    Writer of The Mother I Never Knew - Sudha Murthy

5.    L stands in SLR- liquidity

6.    Money laundering is done to- Avoid tax

7.    Abhinav Bindra wins Two Bronze & Retirement

8.    When did Manalapan reach Mars - 24 September 2014

9.    In how days KYC custom fill identity proof – 5 working days

10.  Nuku’alofa is the capital of – Tonga

11.  Nitin Gadkari related to which ministry - Transport

12.  Which Indian movie selected for  Oscar Award 2015  - Liar's Dice

13.  PPF limit change from 1 lakh to 1.5 lakh

14.  Largest hydroelectric power plant in India – Koyna

15.   Fusion points agreement 118 countries related to –

16.  What is 'M' in MIFF- Mumbai (MIFF- Mumbai International Film festival)

17.  Heidelberg Cement India': - Ashish Guha

18.  Mogadishu is the capital of – Somalia

19.  Basic saving bank deposit account maximum credit amount in a year – 1 lkh

20.  NIM full form- Net Interest Margin

21.  MTSS- Money Transfer Service Scheme

22.  kisan vikas patra was closed by govt. earlier why  - to avoid Money laundering activities

23.  Vishal Sikka is CMD of which company - Infosys

24.  One question on Negotiable Instruments Act, 1881

25.  Rbi issued the permission to Muthoot finance to set up - white label ATM

26.  SBI life insurance partnered with – BNP Paribas Cardif 

27.  Merchant payments in India is controlled by - SEBI

28.  According to census 2011 Every ____ in the world population is Indian.

29.  Who gave the principle of objects submerged partially or fully in water – Archimedes