1. From the given options 1 to 5, please find out the one which is not an objective of a central bank of a country?
1) The central bank of a country aims at profit
2) The central bank is given powers to control and regulate the working of the commercial banks
3) Central bank generally is a organ of the government and run by government officials
4) Central bank generally controls the credit
5) Central bank is generally banker of the government
2. Channel financing means financing of:
1) Laying of agricultural canals
2) Dealers of identified large corporate financed by the bank
3) NBFCs
4) SHGs/NGOs
5) All the above
3. NREGA (National Rural Employment Guarantee Act) is renamed after
1) Jawaharlal Nehru
2) Mahatma Gandhi
3) Indira Gandhi
4) Rajeev Gandhi
5) Abdul Kalam
4. Syndication of advances is the recommendations of:
1) Kanan Committee
2) Shetty Committee
3) Kalyan Sundram Committee
4) Ghosh Committee
5) Narasimhan Committee
5. As per the RBI's Clean Note Policy, writing on a Currency Note is ___
1) an Offence
2) a Crime
3) a Punishable Offence
4) the notes become non-legal tender
5) None of these
6. SBI's new Training Initiative "Strategic Training Unit" is located at
1) New Delhi
2) Bangalore
3) Hyderabad
4) Mumbai
5) Bangalore
7. Holidays are declared to the banks under
1) RBI Act
2) Banking Regulation Act
3) Negotiable Instrument Act
4) Indian Contracts Act
5) All the above
8. The first development financial institution in India that has got merged with a bank is
1) IDBI
2) ICICI
3) IDFC
4) UTI
5) SBI
9. Indian Banks Association (IBA) has a common net working system for sharing the ATM facilities in Mumbai, which is known as
1) ATM Network
2) Shared Payment Network System
3) Cash Network
4) All the above
5) None of these
10. For which of the following currencies is the Indian rupee quoted against 100 units of the foreign currency?
1) Deutsche Mark
2) Pound
3) Japanese Yen
4) US Dollars
5) None of these
11. In loan cases where repayment of the major or large part of a loan is stipulated in a single payment following payment of smaller instalment is referred as:
1) Equated payment schedule
2) Balloon payment schedule
3) Bullet payment schedule.
4) 2 & 3
5) None of the above
12. Borrowings in which there is no amortization or where repayment of the principle occurs only at maturity is called:
1) Equated payment schedule
2) Bullet payment schedule
3) Balloon payment schedule
4) Flip payment schedule
5) Unique Payment Schedule
13. Dividend yield refers to:
1) The ratio of dividend receive in the previous year to the anticipated market price of a share
2) The ratio of anticipated dividend to the current market price of a share
3) The ratio of current dividend to the current market price of a share
4) The total dividend that is declared every year by an organisation
5) None of the above
14. Banking services delivered to a customer by means of a computer control system that does not directly involve usual banks branch is called:
1) Universal Banking
2) Virtual Banking
3) Narrow Banking
4) Brick and Mortar Banking
5) None of the above
15.Green Shoe option refers to:
1) Option to the issuer of any financial instrument to sell a certain portion of over subscription in the public issue.
2) Option to the issuer of any financial Instrument to retain a certain portion of over subscription in the public issue.
3) Option to the under writer of any financial instrument to retain a certain portion of over subscription in the public issue.
4) All of the above
5) None of these
16. Electronic Clearing Service in banks can be availed only by:
1) Individuals
2) Corporate
3) Senior Citizens
4) All of these
5) None of these
17. The G20 Summit will be held in November 2014 in?
1) Argentina
2) Australia
3) Turkey
4) South Korea
5) Saudi Arabia
18. The 2014 Rajiv Gandhi National Sadbhavana Award was given to?
1) MS Swaminathan
2) Javed Akhtar
3) Muzaffar Ali
4) Gulzar
5) None of these
19. "The Substance and the Shadow" is the biography of?
1) Aamir Khan
2) Amitabh Bachchan
3) Dharmendra
4) Dilip Kumar
5) Shatrughan Sinha
20. Ranthambore National Park is situated in?
1) Madhya Pradesh
2) Odisha
3) Karnataka
4) Gujarat
5) Rajasthan
21. The 7th BRICS Summit will be held in July 2014 in which of the following countries?
1) Brazil
2) Russia
3) India
4) China
5) South Africa
22. Who among the following Indian sportspersons did not win a gold medal at the 17th Asian Games in Incheon, South Korea?
1) Seema Punia
2) Mary Kom
3) Vikas Gowda
4) Yogeswar Dutt
5) Saketh Myneni
23. Which Indian movie has been nominated as India's official entry to 2015 Oscars?
1) Jaateeshwar
2) Ship of Theseus
3) Liar's Dice
4) Queen
5) None of these
24. Commodities markets are regulated by?
1) IRDA
2) TRAI
3) SEBI
4) FMC
5) CII
25.With which sport is Jeetu Rai associated?
1) Badminton
2) Swimming
3) Archery
4) Squash
5) Shooting
26. The Arjuna Awards selection committee for 2014 was chaired by?
1) Sunil Gavaskar
2) Ravi Shastri
3) Kapil Dev
4) Sourav Ganguly
5) Anil Kumble
27. Who was named Man of the Tournament in the 2014 ICC World T20 held in Bangladesh?
1) Kumar Sangakkara
2) Rohit Sharma
3) Virat Kohli
4) Mahela Jayawardane
5) Lasith Malinga
28. Who was re-elected as the Prime Minister of Hungary for the second consecutive term recently?
1) Enrico Letta
2) Viktor Orban
3) Nick Clegg
4) Matteo Renzi
5) None of these
29. Who succeeded Sumit Bose as the Finance Secretary of India?
1) Arvind Mayaram
2) Shaktikantha Das
3) A.K. Mathur
4) R.K. Mathur
5) None of these
30. The Reserve Bank of India extended deadline for banks to implement Basel III norms by a year to March 31?
1) 2018
2) 2019
3) 2017
4) 2016
5) None of these
31.At present which of the following rates is 7%?
1) Bank rate
2) Repo rate
3) Reverse repo rate
4) Cash reserve ratio
5) None of these
32. What is the amount of accidental insurance cover under the Pradhan Mantri Jan Dhan Yojana scheme?
1) Rs 50,000
2) Rs 1 lakh
3) Rs 30,000
4) Rs 1.5 lakh
5) Rs 75,000
33. Which committee recommended the establishment of payments banks?
1) Damodaran committee
2) Aditya Puri committee
3) R.S. Gujral committee
4) Nachiket Mor committee
5) None of these
34. As per the 2014-15 Union Budget what is the income tax exemption limit for senior citizens?
1) Rs 3 lakh
2) Rs 2.5 lakh
3) Rs 2 lakh
4) Rs 3.5 lakh
5) Rs 4 lakh
35.Two new agricultural universities will be set up in Andhra Pradesh and?
1) Rajasthan
2) Telangana
3) Odisha
4) Haryana
5) Uttar Pradesh
36. As per the latest Human Development Index what is India's rank?
1) 136
2) 137
3) 135
4) 134
5) 143
37. Which is the first bank in India to launch EMI facility on debit cards?
1) SBI
2) Axis Bank
3) Bank of India
4) Bank of Baroda
5) ICICI Bank
38. Who was appointed Interpol brand ambassador?
1) Aamir Khan
2) Amitabh Bachchan
3) Hrithik Roshan
4) Shah Rukh Khan
5) Akshay Kumar
39. Mridula Sinha has been appointed as the new Governor of?
1) Kerala
2) Goa
3) Uttar Pradesh
4) Gujarat
5) Manipur
40. Who is the Union Mines, Steel, Labor and Employment Minister?
1) Ravi Shankar Prasad
2) Ananth Kumar
3) Narendra Singh Tomar
4) Anant Geethe
5) Ramvilas Paswan
ANSWERS:
1) 1 2) 2 3) 2 4) 4 5) 3 6) 3 7) 3 8) 2 9) 2 10) 3
11) 2 12) 2 13) 3 14) 2 15) 2 16) 4 17) 2 18) 3 19) 4 20) 5
21) 2 22) 3 23) 3 24) 4 25) 5 26) 3 27) 3 28) 2 29) 1 30) 2
31) 3 32) 2 33) 4 34) 1 35) 1 36) 3 37) 5 38) 4 39) 2 40) 3
