Monday, September 30, 2013

GENERAL AWARENESS PRACTICE MULTIPLE CHOICE QUESTIONS

1. First woman Chief Information Commissioner is...
1) Deepak Sandhu
2) Kushal Singh
3) Mamatha Sharma
4) Subba Laxmi Panse
5) Chanda Kocchar

2. On 11 September 2013, RBI said the BSBDA account is also applicable to Foreign banks as they are also Scheduled Banks. It provides zero balance accounts to poor people. What is the expansion of BSBDA?
1) Basic Savings Bank Dual Account
2) Base Savings Bank Deposit Account
3) Basic Small Bank Deposit Account
4) Basic Savings Bank Deposit Application
5) Basic Savings Bank Deposit Account

3. SBI opened its 15000th branch in Sooranam in .......... on 17 August 2013.
1) West Bengal
2) AP
3) Kerala
4) Tamilnadu
5) Haryana

4. If the involvement of financial intermediary in aiding credit creation without regulatory oversight is called ...
1) Virtual banking
2) Common banking
3) Unit banking
4) Shadow banking
5) Yes banking

5. On 23 August 2013, RBI sold 48 days CMB to meet the temporary cash flow mismatches of the Government of India. CMB means ....?
1) Cash Money Bill
2) Call Management Bill
3) Cash Management Borrowing
4) Core Management Bill
5) Cash Management Bill

6. On 8 August 2013, RBI declared the ....... sale of government bonds to decrease the liquidity of funds in the market?
1) monthly
2) yearly
3) bi-monthly
4) half yearly
5) weekly

7. As per the promise given to World Trade Organization earlier, India should allow how many branches of foreign banks in India per year?
1) 12
2) 24
3) 45
4) 15
5) 20

8. The Reserve Bank of India had given statement relating to the growth of bank deposits and credit of 2012-13 given. Pick the correct statement.
1) Banks have recorded credit and deposit growth of 14 percent each in 2012-13.
2) RBI had projected credit and deposit growth of 16 percent and 15 percent during the same period.
3) It means banks had shown the credit grow by Rs.6,76,176 crore and deposit grow by Rs.8,65,208 crore.
4) credit demand was sluggish due to slowdown in the economy and Deposits accretion also was impacted as inflation adjusted returns were negative due to high inflation.
5) All of above

9. First breast milk bank inaugurated on 7 August 2013 at ......
1) Kochi
2) Chennai
3) Hubli
4) Goa
5) Bhopal

10. On 4 September 2013, Raghuram announced constitution of a panel to strengthen monetary policy framework headed by ....
1) K.C.Chakravarthy
2) Anand Sinha
3) H.R.Khan
4) Subba Rao
5) Urjith Patel

11. Nachiket Mor appointed as the head to assess the approach to financial inclusion by ...
1) SEBI
2) GOI
3) WTO
4) RBI
5) World Bank

12. ...... heads the panel to take a close look at rising NPAs and suggest steps to improve the recovery of bad debts as announced by RBI on 4 September 2013?
1) H.R.Khan
2) Anand Sinha
3) K.C.Chakravarthy
4) Urjith Patel
5) Syamala Gopinath

13. Raghuram Rajan announced the setting up of an outside panel of experts to screen applications for new bank licenses under the headship of .....?
1) Subba Rao
2) Kelkar
3) Bimal Jalan
4) Rangarajan
5) None

14. .... headed the committee to improve the country's overall business climate in the country?
1) Ashok Chawla
2) Muttuswami
3) Damodaran
4) Pydi Kone
5) None

15. ..... became the first state to disburse salary of its staff through their Aadhaar-linked bank accounts as declared on 7 August 2013?
1) AP
2) Maharashtra
3) Goa
4) Tamilnadu
5) MP




16. How many banks taken as share holders to widen the shareholding of National Payments Corporation of India (NPCI)?
1) 21 banks
2) 44 banks
3) 49 banks
4) 55 banks
5) 64 banks

17. On 19-20 July 2013, the G - 20 Finance Ministers and Central Bank Governors Meeting was held in .....
1) USA
2) China
3) India
4) Germany
5) Russia

18. A method of paperless banking to augment environment conservation through paperless banking transactions, which are also faster than conventional transactions is called .....?
1) Green Banking Channel
2) Red Banking Channel
3) White Banking Channel
4) Black Banking Channel
5) All of above

19. e-Gift card facility first time introduced by...
1) Andhra Bank
2) Kotak Mahendra Bank
3) Allahabad bank
4) UBI
5) Axis bank

20. Which bank of Andhra Pradesh opened 1.5 lakh no-frills accounts in eight districts on a single day as part of Direct Benefit Transfer (DBT) scheme of the Union Government recently?
1) SBI
2) DGB
3) APGVB
4) LVB
5) ICICI

21. On 2 September 2013, which bank became the first bank to translate financial literacy curriculum into Gujarati?
1) ICICI
2) SBI
3) Indian bank
4) UBI
5) Axis

22. RBI asked banks to link the disbursal of home loans to ...... on 3 September 2013, as it advised the banks not to go for the upfront disbursal of loans.
1) value of Market loan
2) route map of construction place
3) stages of construction
4) HDFC rules of loan disbursal
5) None

23. To help mutual funds, how much fund borrowing window opened by the RBI recently?
1) Rs.15,000 cr
2) Rs.1500 cr
3) Rs.75,000 cr
4) Rs.8000 cr
5) Rs.25,000 cr

24. On 14 August 2013, RBI cut down the amount of foreign exchange an Indian may use to invest or spend abroad from the current annual limit of $ 200,000 to ......
1) $ 1,00,000
2) $ 55,000
3) $ 45,000
4) $ 1,75,000
5) $ 75,000

25. On 21 July 2013, RBI reduced realization period for exporters to .....
1) 21 Months
2) 18 Months
3) 12 Months
4) 8 Months
5) 9 Months

26. China Central Bank lifted the ban on .... to motivate the economy to boost its growth on 19 July 2013?
1) deposit rates
2) locker rates
3) lending rates
4) bank rate
5) None

27. On which day Indian rupee had shown the lowest value of 68.80 against dollar?
1) 20 August
2) 1 September
3) 11 August
4) 31 July
5) 28 August

28. The First Quarter Review of Monetary Policy for 2013-14 released on 30 July 2013. Locate the wrong statement.
1) All key rates of RBI unchanged
2) One of the 4 broad contour of the policy is to guard against reemergence of inflation pressures
3) Policy stressed to address the risks to macroeconomic stability from external shocks
4) To continue to address the heightened risks to growth and to manage liquidity conditions to ensure adequate credit flow to the productive sectors of the economy
5) None

29. 'Tears You Apart' is the campaign related to..
1) Education
2) Banking
3) MFI
4) LOC
5) Tobacco

30. Thomas Bach is the new chairman of the International Olympic Committee (IOC). He belongs to ....
1) Greece
2) France
3) Italy
4) USA
5) Germany

31. Union Ministry of Women and Child Development launched the scheme 'Ahimsa Messenger'. It relates to .....
1) safety and empowerment of women
2) not to beat children by mother
3) painless injections to pregnant mothers
4) circulate the literature about child abortions
5) None

32. Liberia's President and Nobel peace prize winner visited India. She is ....
1) Dilma Rousseff
2) Ellen Johnson Sirleaf
3) Park Geun-Hye
4) Atifete Jahjaga
5) Laura Chinchilla

33. International Youth Day celebrates on 12 August. Slogan of 2013 Youth day ....
1) Youth Jobs: Moving Development Forward
2) Youth Youth Youth Youth You are Powerful
3) Migration: Moving Forward
4) Youth Migration: Moving Development Forward
5) None

34. ...... won bronze medal in women's world Badminton championship held in Guangzhou, China on 10 August 2013?
1) Saina Nehwal
2) Jwala Gutta
3) P.V.Sindhu
4) Ashwini Ponnappa
5) None

35. Marine Training Academy will be set up at ..
1) Visakhapatnam
2) Kochi
3) Tuticorin
4) Kanyakumari
5) Kolkata

36. National Aviation University (NAU) in the name of Rajiv Gandhi National Aviation University to be established in ......
1) New Delhi
2) Allahabad
3) Somnath
4) Rae Bareli
5) Bangalore

37. World Police & Fire Games concluded at ....
1) Doha
2) Guangzhou
3) Belfast
4) Rome
5) Rio

38. Special Envoy of India for Sudan and South Sudan is .....
1) Nirupama Rao
2) Ajai Malhothra
3) Dr. J. Bhagwati
4) PS Raghavan
5) Ashwini Kumar

39. On 9 August 2013, INS Arihant was activated. It is India's .....
1) Aircraft Carrier
2) Mobile Company
3) Computer Desk
4) Rural Service
5) Nuclear Submarine

40. INS Sindhu Rakshak caught fire on 14 August 2013. It is .....
1) passenger Ship
2) aero plane
3) navy head office
4) submarine
5) None

41. First Cyber Forensic Laboratory (CFL) of India was established in the premises of ....
1) Tripura High Court
2) AP High court
3) Prime Minister office
4) Supreme Court
5) Indian Military Academy

42. India successfully test-fired Pinaka rockets from .....
1) Visakhapatnam base in AP
2) Mazagon Dock in Mumbai
3) Hassan base in Bangalore
4) Chandipur centre in Odisha
5) Noida base in UP

ANSWERS:

1-1, 2-5, 3-4, 4-4, 5-5, 6-5, 7-1, 8-5, 9-1, 10-5
11-4, 12-3, 13-3, 14-3, 15-2, 16-3, 17-5, 18-1, 19-5, 20-3
21-5, 22-3, 23-5, 24-5, 25-5, 26-3, 27-5, 28-5, 29-5, 30-5
31-1, 32-2, 33-4, 34-3, 35-3, 36-4, 37-3, 38-4, 39-5, 40-4, 41-1, 42-4