1. The delivery of financial services, at affordable costs or at no costs, to sections of disadvantaged and low income segments of society is called ..........
1) Financial exclusion
2) Financial interpretation
3) Financial selection
4) Financial declaration
5) Financial inclusion
2. Which among the following statements is correct regarding the financial inclusion?
i) bringing of banking services to rural areas as it is a formal route of deposits and lending.
ii) creating the awareness about the legal financial services to escape from the clutches of money lenders.
iii) creating the cheap and best modes of the services in the fields of deposits and fund transfers.
iv) introducing the financial inclusion to bring the transparency in the application of central and state government schemes.
v) not providing the CBS (Core Banking Scheme) to rural people as the majority of them are farmers. Financial inclusion excluded the illiterates.
1) i, ii, iii
2) ii, iii, iv
3) i, ii, iii, iv
4) iv, v
5) i, iii, v
3. Which commission recommendations were incorporated in RBI monetary review policy, proposed to introduce No Frill Accounts as a part of financial inclusion?
1) Rangarajan
2) Subba Rao
3) Khan
4) P.J.Nayak
5) None
4. Who appointed Nachiket Mor committee to assess the approach to financial inclusion on 4 September 2013?
1) SEBI
2) Government of India
3) RBI
4) NHB
5) NABARD
5. Which campaign aims to bring banking services to large rural areas launched on 10 February 2011?
1) Swawalamban
2) Swayam
3) Swabhimaan
4) Sthiramaann
5) Sakthiman
6. A person/ institution/ organization represents the bank in village areas to provide banking services is called ........
1) Business Correspondent Scheme
2) Banking Friendly Scheme
3) Banking Flag Scheme
4) Banking Rupee Scheme
5) None
7. As the Business Correspondent Scheme is also the part of financial inclusion as per the order issued by RBI on 25 January 2006, the services can be provided includes .........
i) cash deposit ii) disbursal of small credit
iii) recovery of loan
iv) sale of micro insurance/ mutual fund products/ pension products
v) opening of locker in the premises of village
1) i, ii, iii, iv
2) i, ii, iv, v
3) ii, iii, v
4) i, v
5) i, ii, iii, iv, v
8. Which branches can be opened to co-ordinate the work of Business Correspondent?
1) BC branch
2) Head branch
3) Ultra small branch
4) Top branch
5) None
9. Ultra small branches are part of financial inclusion to be opened in rural areas. In 2013-14, these rural branches extensively opened in .........
1) Central India
2) North India
3) East India
4) West India
5) North west of India
10. Regional Rural Banks must open at least .................... percent of branches in the populated areas less than 10000 as a part of financial inclusion.
1) 15
2) 50
3) 25
4) 75
5) 40
11. Which bank opened Customer Service Point (CSP) to extend financial inclusion targeting urban poor?
1) Union Bank of India
2) ICICI
3) SBI
4) Syndicate Bank
5) Yes Bank
12. For financial inclusion and to facilitate low-income group customers, which SBI subsidiary inaugurated NO FRILLS ACCOUNT by name 'Saral Bachat Khata'?
1) State Bank of Bikaner and Jaipur
2) State Bank of Hyderabad
3) State Bank of Mysore
4) State Bank of Travancore
5) State Bank of Patiala
13. Project Namaskar launched by which bank as part of financial inclusion ..........?
1) PNB
2) Axis Bank
3) ICICI
4) CBI
5) SBI
14. On 26 January 2014, who appreciated the work of Central Bank of India financial
inclusion?
1) World Bank
2) IMF
3) IDA
4) ADB
5) UNDP
15. Madhya Pradesh Government's financial inclusion model is ........
1) Samrat
2) Sammelan
3) Samruddhi
4) Swalamban
5) None
16. Vidyut Vyapar Nigam, the unit of NTPC provide uninterrupted 250 megawatt power supply to .........
1) Sri Lanka
2) Bangladesh
3) Myanmar
4) Pakistan
5) Afghanistan
17. Asian Development Bank released a report on 1st April 2014, stating that the Gross Domestic Product (GDP) of India to be ....... in 2014-15.
1) 5.5 percent
2) 8.5 percent
3) 6.5 percent
4) 7.5 percent
5) None
18. On 30 March 2014, the President of India cleared the re-promulgation of the SEBI Ordinance Securities Laws (Amendment) Bill 2013. The ordinance aims to give powers to Securities and Exchanges Board of India (SEBI) to act against what/ whom?
1) Insider trading
2) FDI
3) Ponzi schemes
4) Cross selling
5) Stock frauds
19. On 19 March 2014, where SEBI launched its local office for spreading financial literacy and redressing center?
1) Mumbai
2) Hyderabad
3) Chennai
4) Bangalore
5) Ranchi
20. Which state registered India's fastest growing State with its Gross State Domestic Product (GSDP) growing at 15.05 percent during 2012-13, as per the latest data released by the Central Statistics Office
recently?
1) Gujarat
2) Madhya Pradesh
3) Bihar
4) Goa
5) AP
21. Time period during the loan term when the borrower is not required to make any repayment, is termed as ..............
1) Amortization
2) Waiver
3) Probate
4) Default
5) Moratorium
22. We often come across the term CSR used in Company Law. What does letter S denote in the word CSR?
1) Stolen
2) Special
3) Social
4) Solo
5) Stimulate
23. World Green Economy Summit (WGES) 2014 recently held at ..........
1) The Hague
2) Madrid
3) Dubai
4) New Delhi
5) Tokyo
24. On 14 April 2014, which nation announced that it would not contribute its funding to the Commonwealth Secretariat, as it was unable to stand for the defence of the basic principles of freedom, democracy and respect for human dignity in Sri Lanka?
1) India
2) UK
3) Pakistan
4) New Zealand
5) Canada
25. 8th G-20 summit held at St. Petersburg (Russia) in 2013. In 2014 the 9th summit to be held at Brisbane in...
1) Italy
2) Canada
3) Australia
4) South Africa
5) Germany
26. AQUATM release one liter water for one rupee and also it can be operated through prepaid card launched by Vandana Foundation, a non - profit company. First AQUATM launched on 23 March 2014 at....
1) Mumbai
2) Kolkatta
3) Chennai
4) Pune
5) None
27. First double-decker flyover of India was opened for public use on 18 April 2014 in ....
1) Mumbai
2) Delhi
3) Hyderabad
4) Pune
5) Chennai
28. Who was ranked No. 10 in Women's Squash Association (WSA) rankings released on 1 May 2014, after her winning in Texas open 2014?
1) Joshna Chinappa
2) Deepika Kumari
3) Dipika Pallikal
4) Anaka Alankamony
5) None
29. Which famous female snooker player won the World Women's Senior Snooker title 2014 on 22 April 2014?
1) Kalanidhi Parker
2) Reanne Evans
3) Chitra Magimairaj
4) Rama Panditha Malini
5) None
30. The terms Advantage, Bully, Centre Forward, Flick, Goal Line, Halfway Line and Stick used in ........
1) Foot ball
2) Billiards
3) Volley ball
4) Cricket
5) Hockey
31. Which nation crossed South Africa to become Africa's biggest economy on 7 April
2014?
1) Kenya
2) Ghana
3) Nigeria
4) Cameroon
5) None
32. Chung Hong-won tendered his resignation on 27 April 2014 over a ship accident that claimed several lives in the country. He is the Prime Minister of ..........
1) Hong Kong
2) Macau
3) South Korea
4) Malaysia
5) None
33. Robert Edwards, the British Nobel Laureate who pioneered the development of In Vitro Fertilization (IVF) that led to the birth of the world's first ''test tube baby'', died on 10 April 2014. He belongs to ........
1) USA
2) France
3) UK
4) Germany
5) Italy
34. On 1 May 2014, the Union Cabinet approved to set up Polavaram Project Authority (PPA) to see that Polavaram irrigation project construction go well. Where is polavaram irrigation project?
1) Tamilnadu
2) Karnataka
3) Madhya Pradesh
4) Maharashtra
5) Andhra Pradesh
35. On 24 April 2014 Supreme Court ordered that the special audit of property, assets and accounts of Kerala's Sree Padmanabha Swamy temple to be conducted under the supervision of ..........
1) Pratip Chaudari
2) Shashikanth Sharma
3) Sadasivam
4) R.M. Lodha
5) Vinod Rai
36. India and which other two nations join hands on 18 April 2014 and proposed an initiative for Kanchenjunga trans-boundary landscape to address biodiversity conservation in a sustainable way in the Himalayan region?
1) Pakistan and Bhutan
2) Bangladesh and Myanmar
3) Sri Lanka and Maldives
4) Nepal and Bhutan
5) Nepal and Bangladesh
37. Union Home Ministry on 13 April 2014 for the first time approved the recruitment of young women as combat officers in SSB, the second largest border guarding force. SSB stands for .............
1) Sashastra Seema Bal
2) Secondary Seema Bal
3) Standard Seema Bal
4) Second Seema Bal
5) None
38. India made EVMs (Electronic Voting Machine) to be exported to ........ to use in the elections held in the month of November 2014?
1) Somalia
2) Myanmar
3) Zimbabwe
4) Namibia
5) None
39. EU banned the import of which major fruit from India recently?
1) Guava
2) Pineapple
3) Black grape
4) Red orange
5) Alphonso mango
40. World Malaria day observed on ..........
1) 4 April
2) 13 April
3) 25 April
4) 15 April
5) None
41. Supreme Court asked which committee to investigate the IPL 2013 spot fixing and betting scandal, further on 22 April 2014?
1) Gavaskar
2) Sivalal Yadav
3) N.Srinivasan
4) Mukul Mudgal
5) Gurunath Meiyappan
42. India successfully test fired Astra missile on
4 May 2014. It is ..........
1) Air to Surface missile
2) Surface to Air missile
3) Surface to Surface missile
4) Air to Air missile
5) None
ANSWERS:
1-5, 2-3, 3-3, 4-3, 5-3, 6-1, 7-1, 8-3, 9-1, 10-3
11-3, 12-1, 13-1, 14-5, 15-3, 16-2, 17-1, 18-5, 19-5, 20-3
21-5, 22-3, 23-3, 24-5, 25-3, 26-1, 27-1, 28-3, 29-3, 30-5
31-3, 32-3, 33-3, 34-5, 35-5, 36-4, 37-1, 38-4, 39-5, 40-3, 41-4, 42-4.
1) Financial exclusion
2) Financial interpretation
3) Financial selection
4) Financial declaration
5) Financial inclusion
2. Which among the following statements is correct regarding the financial inclusion?
i) bringing of banking services to rural areas as it is a formal route of deposits and lending.
ii) creating the awareness about the legal financial services to escape from the clutches of money lenders.
iii) creating the cheap and best modes of the services in the fields of deposits and fund transfers.
iv) introducing the financial inclusion to bring the transparency in the application of central and state government schemes.
v) not providing the CBS (Core Banking Scheme) to rural people as the majority of them are farmers. Financial inclusion excluded the illiterates.
1) i, ii, iii
2) ii, iii, iv
3) i, ii, iii, iv
4) iv, v
5) i, iii, v
3. Which commission recommendations were incorporated in RBI monetary review policy, proposed to introduce No Frill Accounts as a part of financial inclusion?
1) Rangarajan
2) Subba Rao
3) Khan
4) P.J.Nayak
5) None
4. Who appointed Nachiket Mor committee to assess the approach to financial inclusion on 4 September 2013?
1) SEBI
2) Government of India
3) RBI
4) NHB
5) NABARD
5. Which campaign aims to bring banking services to large rural areas launched on 10 February 2011?
1) Swawalamban
2) Swayam
3) Swabhimaan
4) Sthiramaann
5) Sakthiman
6. A person/ institution/ organization represents the bank in village areas to provide banking services is called ........
1) Business Correspondent Scheme
2) Banking Friendly Scheme
3) Banking Flag Scheme
4) Banking Rupee Scheme
5) None
7. As the Business Correspondent Scheme is also the part of financial inclusion as per the order issued by RBI on 25 January 2006, the services can be provided includes .........
i) cash deposit ii) disbursal of small credit
iii) recovery of loan
iv) sale of micro insurance/ mutual fund products/ pension products
v) opening of locker in the premises of village
1) i, ii, iii, iv
2) i, ii, iv, v
3) ii, iii, v
4) i, v
5) i, ii, iii, iv, v
8. Which branches can be opened to co-ordinate the work of Business Correspondent?
1) BC branch
2) Head branch
3) Ultra small branch
4) Top branch
5) None
9. Ultra small branches are part of financial inclusion to be opened in rural areas. In 2013-14, these rural branches extensively opened in .........
1) Central India
2) North India
3) East India
4) West India
5) North west of India
10. Regional Rural Banks must open at least .................... percent of branches in the populated areas less than 10000 as a part of financial inclusion.
1) 15
2) 50
3) 25
4) 75
5) 40
11. Which bank opened Customer Service Point (CSP) to extend financial inclusion targeting urban poor?
1) Union Bank of India
2) ICICI
3) SBI
4) Syndicate Bank
5) Yes Bank
12. For financial inclusion and to facilitate low-income group customers, which SBI subsidiary inaugurated NO FRILLS ACCOUNT by name 'Saral Bachat Khata'?
1) State Bank of Bikaner and Jaipur
2) State Bank of Hyderabad
3) State Bank of Mysore
4) State Bank of Travancore
5) State Bank of Patiala
13. Project Namaskar launched by which bank as part of financial inclusion ..........?
1) PNB
2) Axis Bank
3) ICICI
4) CBI
5) SBI
14. On 26 January 2014, who appreciated the work of Central Bank of India financial
inclusion?
1) World Bank
2) IMF
3) IDA
4) ADB
5) UNDP
15. Madhya Pradesh Government's financial inclusion model is ........
1) Samrat
2) Sammelan
3) Samruddhi
4) Swalamban
5) None
16. Vidyut Vyapar Nigam, the unit of NTPC provide uninterrupted 250 megawatt power supply to .........
1) Sri Lanka
2) Bangladesh
3) Myanmar
4) Pakistan
5) Afghanistan
17. Asian Development Bank released a report on 1st April 2014, stating that the Gross Domestic Product (GDP) of India to be ....... in 2014-15.
1) 5.5 percent
2) 8.5 percent
3) 6.5 percent
4) 7.5 percent
5) None
18. On 30 March 2014, the President of India cleared the re-promulgation of the SEBI Ordinance Securities Laws (Amendment) Bill 2013. The ordinance aims to give powers to Securities and Exchanges Board of India (SEBI) to act against what/ whom?
1) Insider trading
2) FDI
3) Ponzi schemes
4) Cross selling
5) Stock frauds
19. On 19 March 2014, where SEBI launched its local office for spreading financial literacy and redressing center?
1) Mumbai
2) Hyderabad
3) Chennai
4) Bangalore
5) Ranchi
20. Which state registered India's fastest growing State with its Gross State Domestic Product (GSDP) growing at 15.05 percent during 2012-13, as per the latest data released by the Central Statistics Office
recently?
1) Gujarat
2) Madhya Pradesh
3) Bihar
4) Goa
5) AP
21. Time period during the loan term when the borrower is not required to make any repayment, is termed as ..............
1) Amortization
2) Waiver
3) Probate
4) Default
5) Moratorium
22. We often come across the term CSR used in Company Law. What does letter S denote in the word CSR?
1) Stolen
2) Special
3) Social
4) Solo
5) Stimulate
23. World Green Economy Summit (WGES) 2014 recently held at ..........
1) The Hague
2) Madrid
3) Dubai
4) New Delhi
5) Tokyo
24. On 14 April 2014, which nation announced that it would not contribute its funding to the Commonwealth Secretariat, as it was unable to stand for the defence of the basic principles of freedom, democracy and respect for human dignity in Sri Lanka?
1) India
2) UK
3) Pakistan
4) New Zealand
5) Canada
25. 8th G-20 summit held at St. Petersburg (Russia) in 2013. In 2014 the 9th summit to be held at Brisbane in...
1) Italy
2) Canada
3) Australia
4) South Africa
5) Germany
26. AQUATM release one liter water for one rupee and also it can be operated through prepaid card launched by Vandana Foundation, a non - profit company. First AQUATM launched on 23 March 2014 at....
1) Mumbai
2) Kolkatta
3) Chennai
4) Pune
5) None
27. First double-decker flyover of India was opened for public use on 18 April 2014 in ....
1) Mumbai
2) Delhi
3) Hyderabad
4) Pune
5) Chennai
28. Who was ranked No. 10 in Women's Squash Association (WSA) rankings released on 1 May 2014, after her winning in Texas open 2014?
1) Joshna Chinappa
2) Deepika Kumari
3) Dipika Pallikal
4) Anaka Alankamony
5) None
29. Which famous female snooker player won the World Women's Senior Snooker title 2014 on 22 April 2014?
1) Kalanidhi Parker
2) Reanne Evans
3) Chitra Magimairaj
4) Rama Panditha Malini
5) None
30. The terms Advantage, Bully, Centre Forward, Flick, Goal Line, Halfway Line and Stick used in ........
1) Foot ball
2) Billiards
3) Volley ball
4) Cricket
5) Hockey
31. Which nation crossed South Africa to become Africa's biggest economy on 7 April
2014?
1) Kenya
2) Ghana
3) Nigeria
4) Cameroon
5) None
32. Chung Hong-won tendered his resignation on 27 April 2014 over a ship accident that claimed several lives in the country. He is the Prime Minister of ..........
1) Hong Kong
2) Macau
3) South Korea
4) Malaysia
5) None
33. Robert Edwards, the British Nobel Laureate who pioneered the development of In Vitro Fertilization (IVF) that led to the birth of the world's first ''test tube baby'', died on 10 April 2014. He belongs to ........
1) USA
2) France
3) UK
4) Germany
5) Italy
34. On 1 May 2014, the Union Cabinet approved to set up Polavaram Project Authority (PPA) to see that Polavaram irrigation project construction go well. Where is polavaram irrigation project?
1) Tamilnadu
2) Karnataka
3) Madhya Pradesh
4) Maharashtra
5) Andhra Pradesh
35. On 24 April 2014 Supreme Court ordered that the special audit of property, assets and accounts of Kerala's Sree Padmanabha Swamy temple to be conducted under the supervision of ..........
1) Pratip Chaudari
2) Shashikanth Sharma
3) Sadasivam
4) R.M. Lodha
5) Vinod Rai
36. India and which other two nations join hands on 18 April 2014 and proposed an initiative for Kanchenjunga trans-boundary landscape to address biodiversity conservation in a sustainable way in the Himalayan region?
1) Pakistan and Bhutan
2) Bangladesh and Myanmar
3) Sri Lanka and Maldives
4) Nepal and Bhutan
5) Nepal and Bangladesh
37. Union Home Ministry on 13 April 2014 for the first time approved the recruitment of young women as combat officers in SSB, the second largest border guarding force. SSB stands for .............
1) Sashastra Seema Bal
2) Secondary Seema Bal
3) Standard Seema Bal
4) Second Seema Bal
5) None
38. India made EVMs (Electronic Voting Machine) to be exported to ........ to use in the elections held in the month of November 2014?
1) Somalia
2) Myanmar
3) Zimbabwe
4) Namibia
5) None
39. EU banned the import of which major fruit from India recently?
1) Guava
2) Pineapple
3) Black grape
4) Red orange
5) Alphonso mango
40. World Malaria day observed on ..........
1) 4 April
2) 13 April
3) 25 April
4) 15 April
5) None
41. Supreme Court asked which committee to investigate the IPL 2013 spot fixing and betting scandal, further on 22 April 2014?
1) Gavaskar
2) Sivalal Yadav
3) N.Srinivasan
4) Mukul Mudgal
5) Gurunath Meiyappan
42. India successfully test fired Astra missile on
4 May 2014. It is ..........
1) Air to Surface missile
2) Surface to Air missile
3) Surface to Surface missile
4) Air to Air missile
5) None
ANSWERS:
1-5, 2-3, 3-3, 4-3, 5-3, 6-1, 7-1, 8-3, 9-1, 10-3
11-3, 12-1, 13-1, 14-5, 15-3, 16-2, 17-1, 18-5, 19-5, 20-3
21-5, 22-3, 23-3, 24-5, 25-3, 26-1, 27-1, 28-3, 29-3, 30-5
31-3, 32-3, 33-3, 34-5, 35-5, 36-4, 37-1, 38-4, 39-5, 40-3, 41-4, 42-4.
