1. Name the Nobel Peace Prize winner who was named the winner of one of the world’s leading religion prizes, Templeton Prize for 2012 by the John Templeton Foundation on 29th March, 2012.
(1) Dalai Lama
(2) Tawakkul Karman
(3) Ellen Johnson Sirleaf
(4) Baba Ramdev
(5) Anna Hazare
2. Who was elected the New President of Senegal?
(1) Abdoulaye Wade
(2) Macky Sall
(3) Erich Sherry(4) Abdou Diouf
(5) Naseer Abdullah
3. Following RBI’s decision to hike bank rate, the food ministry increased the interest rate on loans provided to sugar factories from the Sugar Development Fund (SDF)to what percent from the earlier 4% from Feb 2012?
(1) 7%
(2) 7.5%
(3) 8%(4) 8.8%
(5) 9%
4. Which of the following fall under the qualitative methods of credit control adopted by the Reserve Bank of India (RBI)?
(1) Selective Credit Control
(2) Credit Authorization Scheme
(3) Moral Suasion
(4) All of the above
(5) None of the above5. As per the recent data released by the Government of India, approximately what fraction of India’s oil and petroleum consumption is consumed by fertilizer and power sectors?
(1) 30%
(2) 40%
(3) 50%
(4) 60%
(5) 70%
6. Name the youngest ever and the only Arab woman to win a Nobel Prize for ‘non-violent’ struggle for the safety of women and for women’s rights.
(1) Ellen Johnson Sirleaf
(2) Leyhmah Gbowee
(3) Tawakkol Karman
(4) Liu Xiabao(5) Martti Ahtisaari
7. India recently carried out the maiden test flight of its second indigenous Airborne Early Warning Control System aircraft developed by DRDO in-
(1) Odisha
(2) France
(3) Andhra Pradesh
(4) Brazil
(5) Russia8. Human Resource Development Ministry constituted a 10-member committee headed by Madhya Pradesh School Education Minister to prepare an ambitious plan to roll out community colleges in the country. Name of the minister is-
(1) Jhina Hikaka
(2) Heena Sidhu
(3) Archana Chitnis
(4) Shivraj Singh Chauhan(5) Ram Gopal Yadav
9. The Banking Laws Committee was headed by-
(1) R.K. Talwar
(2) Dr. P.V. Rajamannar
(3) FKF Nariman(4) Dr. Prakash Tandan
(5) None of the above
10. Fourteen major Indian Banks having deposits of more than Rs 50 crores were nationalized on-
(1) 15th August, 1947
(2) 26th Jan, 1950
(3) 19th July, 1969
(4) 14th February, 1970
(5) None of these
11. Which of the following is the first commercial bank who had launch a mutual fund?
(1) State Bank of India
(2) Canara Bank
(3) Indian Bank
(4) Bank of India
(5) Indian Overseas Bank
12. ATM cards are issued to a person who maintains which of the following accounts with the bank?
(1) Saving bank accounts
(2) Current accounts
(3) Term deposits
(4) Loan or Cash credit accounts
(5) Either (1) or (2)
13. SEBI was established in the year.
(1) 1993
(2) 1992
(3) 1988
(4) 1990(5) 1994
14. The merchant banking activity in India is governed by-
(1) SEBI
(2) RBI
(3) IRDA
(4) All of these
(5) None of these
15. The regulator of mutual fund in India is-
(1) FIMMDA
(2) AMFI
(3) RBI
(4) SEBI
(5) None of these16. Bankassurance is-
(1) an insurance scheme to insure bank deposits
(2) an insurance scheme to insure bank advances
(3) a composite financial service offering both bank and insurance products.
(4) a bank deposit scheme exclusively for employees of insurance companies(5) None of these
17. Which of the following is/are ‘Term Deposits’?
(1) Fixed Deposits
(2) Re-investment Deposits
(3) Recurring Deposits
(4) None of the above
(5) All of the above
18. NABARD was set up as an apex Development Bank with a mandate for facilitating credit flow for promotion and development of-
(1) Agriculture
(2) Small Scale Industries
(3) Cottage and Village Industries
(4) Handicrafts and other rural crafts
(5) All of these
19. Which of the following is not a negotiable instrument?
(1) Promissory note
(2) Bill of exchange
(3) Cheque
(4) Bank Draft
(5) Share certificate20. Co-operative Banks are regulated by-
(1) NABARD
(2) RBI
(3) SBI
(4) Central Govt.
(5) None of these21. What amount has been allotted for capitalization of Public sector banks in the Union Budget 2012-13?
(1) Rs 1380 crore
(2) Rs 1490 crore
(3) Rs 1500 crore
(4) Rs 1588 crore
(5) None of these22. Under which category will you classify Regional Rural Banks?
(1) Scheduled Commercial Banks
(2) Co-operative Banks
(3) Private Sector Banks
(4) Development Banks
(5) None of these
23. What is the current Cash Reserve Ratio?
(1) 3.75
(2) 4.75
(3) 5.5(4) 6
(5) None of these
24. Who decides on the quantity of coins to be minted?
(1) The Govt. of India
(2) RBI
(3) Either (1) or (2)
(4) Both (1) & (2)
(5) None of these
25. The commercial banking system in India consists of –
(1) nationalized banks and private sector banks
(2) scheduled and non-scheduled banks
(3) regional rural banks, co-operative banks and land development banks(4) All of these
(5) None of these
26. What does EBT stands for-
(1) Electronic Belated Transfer
(2) Electronic Bearer Transaction
(3) Electronic Benefit Transfer
(4) Electronic Basic Transaction(5) None of these
27. Money market instruments-
(1) are usually sold in large denominations
(2) have low default risk
(3) mature in one year or less
(4) are characterized by all of the above
(5) are characterized by (1) and (2)28. Capital market is a market which deals in-
(1) short-term funds
(2) long-term funds
(3) gilt-edge funds(4) All of these
(5) None of these
29. When the rate of inflation increases-
(1) purchasing power of money increases
(2) purchasing power of money decreases
(3) vale of money increases(4) purchasing power of money remains unaffected
(5) amount of money in circulation decreases
30. A centralized databases with online connectivity to branches internet as well as ATM-network which has been adopted by almost all major banks of our country is known as-‘
(1) Investment banking
(2) Core banking
(3) Mobile banking(4) Banking Ombudsman
(5) Network banking
31. Upper limit prescribed for NEFT transaction is –
(1) Rs 1 lakh
(2) Rs 2 Lacs
(3) Rs 5 Lacks
(4) Rs 50 Lacks
(5) No upper limit is prescribed
32. Interest on savings bank account is now calculated by banks on-
(1) minimum balance during the month
(2) minimum balance from 7th to last day on the month
(3) Minimum balance from 10th to last day of the month
(4) maximum balance during the month
(5) daily product basis
33. Who is the Chairman of the committee constituted by RBI to study issues and concerns in the Micro Finance Institutions (MFI) sector?
(1) K C Chakraborty
(2) C Rangarajan
(3) M Damodaran
(4) Y H Malegam
(5) None of these34. Name the diesel locomotive engine built by Diesel Locomotive Works, Varanasi recently?
(1) Cheetah
(2) Bheem
(3) Shera(4) Kavita
(5) None of these
35. Who has been appointed as the New CMD of OBC?
(1) M G Sanghvi
(2) D Sarkar
(3) S L Bansal
(4) M V Nayar
(5) None of these
36. Who is the current Minister of Commerce and Trade?
(1) Jayanti Natrajan
(2) Mukul Wasnik
(3) Anand Sharma
(4) Pawan Bansal
(5) None of these
37. The finance secretary of India is-
(1) R K Singh
(2) R S Gujral
(3) Ajeet Seth(4) Ranjan Mathai
(5) Sunil Mitra
38. The Nuclear Summit-2012 held recently in-
(1) S Korea
(2) Brazil
(3) Australia
(4) Japan
(5) None of these
39. EFT (Electronic Fund Transfer) ensures-
(1) Speed
(2) reliability
(3) security
(4) accuracy
(5) All of these
40. Army has announced the year 2012 as – Year of the ____.
(1) Co-operatives
(2) Veterans
(3) Green Energy(4) Mathematics
(5) None of these
