1. Deposit Insurance and Credit Guarantee Corporation Act was passed in....
1) 1985
2) 1991
3) 2001
4) 1961
5) 2002
2. To provide insurance of deposits and guaranteeing of credit facilities, Deposit Insurance and Credit Guarantee Corporation (DICGC) was established. It’s headquarters is at......
1) Hyderabad
2) Kolkata
3) Pune
4) Bangalore
5) Mumbai
3. Authorised capital of DICGC is Rs.50 crore, which is fully issued and subscribed by ....
1) RBI
2) SBI
3) LIC
4) State government of Maharashtra
5) NABARD
4. The bank covered by the Deposit Insurance Scheme of DICGC is .....
1) Public sector banks
2) Private Sector banks
3) Foreign banks
4) Co-operative banks as defined in Section 2(gg) of the DICGC Act
5) All of the above
5. Insurance cover of Deposit Insurance and Credit Guarantee Corporation limited to.....
1) Rs.1,000
2) Rs.5,000
3) Rs.50,000
4) Rs.1,00,000
5) None
6. The deposits covered under the DICGC Act.....
1) Savings Account
2) Current Account
3) Fixed Deposit
4) Recurring Deposit
5) All of the above
7. The deposits not covered under DICGC Act is.....
1) Deposits of Central/ State governments
2) Inter-bank deposits
3) Any amount due on account of and deposit received outside India
4) Deposits of foreign governments
5) All of the above
8. Premium to be paid for insurance of bank deposits under Deposit Insurance and Credit Guarantee Corporation currently......
1) Deposits in rupees rounded to thousands X 0.05 / 100
2) Deposits in rupees rounded to thousands X 1.00 / 100
3) Deposits in rupees rounded to thousands X 0.50 / 100
4) Deposits in rupees rounded to thousandsX 02.00/ 100
5) None
9. Under DICGC Act, the insured bank is required to remit premium not later than the last day of May and each year.....
1) November
2) December
3) October
4) July
5) None
10. The concept of insuring deposits kept with banks received attention for the first time in the year 1948 after the banking crises in....
1) Karnataka
2) AP
3) Delhi
4) Ahmedabad
5) Bengal
11. Which committee supported the insuring of banking deposits in 1950?
1) Hilton-Young commission
2) C.Ranga Rajan Committee
3) Rural Banking Enquiry Committee
4) V.K.Rao committee
5) None
12. The present Chairman of DICGC ....
1) H.R. Khan
2) R. Gandhi
3) Dr. Nachiket M. Mor
4) K.C. Chakravarthy
5) Urjith Patel
13. Insurance covered under the DICGC....
1) only principle amount deposit
2) only interest accrued on principle
3) principle and interest accrued for the first three months on principle
4) both principle and interest
5) interest accrued first year only
14. Who pay the insurance premium to cover the Rs.1 lakh bank deposits?
1) Customer
2) Guardian of the customer
3) Bank
4) Nominee of the customer
5) None
15. To which bank Arun Jaitley allocated a sum of Rs.200 crores to NABARD for setting up of mega food parks on 18 July 2014?
1) SBI
2) RBI
3) SIDBI
4) Yes Bank
5) NABARD
16. YES Bank, which international money transfer company launched an online money transfer service with instant deposits to NRI customer accounts with any bank in India....
1) Rupay
2) Instant Pay
3) Voltaire
4) Pay tell
5) Transfast
17. Which of the following option is correct?
1) RBI kicked off a pilot project on 10 June 2014 that will allow a few mobile payment providers to test cash withdrawal facilities for a small portion of their semiclosed mobile wallet users.
2) In it sender and beneficiary's wallet will be seeded with Aadhaar number.
3) When the money transfer happens, the receiver, who does not have a bank account, can walk to a mRUPEE outlet and receive the cash after authenticating his identity with the biometric (finger print scanning).
4) Tata Teleservices' mobile wallet paymentbased service mRUPEE is one of the eight participants in the RBI pilot project.
5) All of the above
18. By mid June 2014, Bank credit grew at ........ percent year-on-year to Rs.60,90,030
crore.
1) 18.25
2) 13.88
3) 11.25
4) 19.25
5) 21.25
19. The RBI granted banking licences to IDFC and microfinance institution Bandhan Micro Finance Institute. The in-principle approval granted will be valid for a period of ...... completely with the requirements.
1) 6 months
2) 9 months
3) 12 months
4) 15 months
5) 18 months
20. The debit card can be used for....
1) Make Point of Sale (POS) purchase
2) Withdraw cash at ATM
3) Online shopping
4) 1 & 3 only
5) All of the above
21. The Government of India has authorized the Reserve Bank of India (RBI) to issue debt instruments up to a ceiling of ...... under the Market Stabilization Scheme (MSS) for the fiscal 2014-15.
1) Rs.20,000 crore
2) Rs.30,000 crore
3) Rs.40,000 crore
4) Rs.70,000 crore
5) Rs.50,000 crore
22. On 16 July 2014, which company has emerged as the country's top Non- Performing Asset (NPA) after it has failed to repay loans of over Rs.4,000 crore borrowed mainly from state-owned banks?
1) India Cement
2) Morgan Stanley
3) Videocon
4) Jet Airlines
5) Kingfisher
23. On 15 June 2014, the central government said only five States had fully implemented the National Food Security Act, 2013. They are Chhattisgarh, Haryana, Maharashtra, Rajasthan and ......
1) AP
2) West Bengal
3) Tamilnadu
4) Kerala
5) Punjab
24. Which nation has third highest number of HIV - infected people as the report given on 17 July 2014 UNAIDS, the United Nations programme on HIV / AIDS?
1) South Africa
2) Nigeria
3) India
4) USA
5) None
25. Union Minister of State for Youth Affairs and Sports said on 25 July 2014 that the government till now released Rs.144 crore to Assam for updating the National Register of Citizens (NRC) following a Supreme Court directive in 2006. The minister name is....
1) Sarbananda Sonowal
2) Uma Bharathi
3) V.K.Singh
4) Nirmala Sitharaman
5) None
26. ....... became the first Indian company to exceed Rs.5 lakh crore in market capitalization
on 23 July 2014.
1) Infosys
2) TCS
3) Tech Mahindra
4) Sincom
5) None
27. Union Government constituted a core group to work out a detailed action plan to eradicate the dreaded vector-borne disease, Kala Azar by .....
1) 2015
2) 2020
3) 2019
4) 2018
5) None
28. Inter-island air service operation in Andaman and Nicobar connecting Port Blair and Car Nicobar. What is the capital of Andaman-Nicobar islands?
1) Kavaratti
2) Itanagar
3) Gangtok
4) Port Blair
5) None
29. ......... appointed as the Governor of Haryana on 25 July 2014.
1) K.S. Solanki
2) Balram Das Tandon
3) Keshari Nath Tripathi
4) E.L. Narasimhan
5) None
30. Kargil Vijay Diwas celebrated on....
1) 26 July
2) 26 June
3) 26 May
4) 26 April
5) None
31. Who has been appointed as the Chairman of International Cricket Council (ICC) on 26 June 2014?
1) Sunil Gavaskar
2) David Boon
3) N. Srinivasan
4) Jeff Boycott
5) None
32. President of International Cricket Council (ICC).....
1) Mustafa Kamal
2) David Boon
3) Sanath Jayasurya
4) Anil Kumble
5) None
33. 'Great Sport Great Spirit' is the motto of....
1) Olympic Committee
2) International Cricket Council
3) Indian Olympic Committee
4) Winter Olympic Games
5) None
34. Where is the headquarters of International Cricket Council (ICC)?
1) Kolkata
2) Durban
3) Dubai
4) Lords
5) Sydney
35. Indian Grand Prix Formula One Championship won by .......
1) Lewis Hamilton
2) Mark Weber
3) Daniel Ricciardo
4) Sebastian Vettel
5) None
ANSWERS:
1-4, 2-5, 3-1, 4-5, 5-4, 6-5, 7-5, 8-1, 9-1, 10-5
11-3, 12-5, 13-4, 14-3, 15-5, 16-5, 17-5, 18-2, 19-5, 20-5
21-5, 22-5, 23-5, 24-3, 25-1, 26-2, 27-1, 28-4, 29-1, 30-1
31-3, 32-1, 33-2, 34-3, 35-4.
1) 1985
2) 1991
3) 2001
4) 1961
5) 2002
2. To provide insurance of deposits and guaranteeing of credit facilities, Deposit Insurance and Credit Guarantee Corporation (DICGC) was established. It’s headquarters is at......
1) Hyderabad
2) Kolkata
3) Pune
4) Bangalore
5) Mumbai
3. Authorised capital of DICGC is Rs.50 crore, which is fully issued and subscribed by ....
1) RBI
2) SBI
3) LIC
4) State government of Maharashtra
5) NABARD
4. The bank covered by the Deposit Insurance Scheme of DICGC is .....
1) Public sector banks
2) Private Sector banks
3) Foreign banks
4) Co-operative banks as defined in Section 2(gg) of the DICGC Act
5) All of the above
5. Insurance cover of Deposit Insurance and Credit Guarantee Corporation limited to.....
1) Rs.1,000
2) Rs.5,000
3) Rs.50,000
4) Rs.1,00,000
5) None
6. The deposits covered under the DICGC Act.....
1) Savings Account
2) Current Account
3) Fixed Deposit
4) Recurring Deposit
5) All of the above
7. The deposits not covered under DICGC Act is.....
1) Deposits of Central/ State governments
2) Inter-bank deposits
3) Any amount due on account of and deposit received outside India
4) Deposits of foreign governments
5) All of the above
8. Premium to be paid for insurance of bank deposits under Deposit Insurance and Credit Guarantee Corporation currently......
1) Deposits in rupees rounded to thousands X 0.05 / 100
2) Deposits in rupees rounded to thousands X 1.00 / 100
3) Deposits in rupees rounded to thousands X 0.50 / 100
4) Deposits in rupees rounded to thousandsX 02.00/ 100
5) None
9. Under DICGC Act, the insured bank is required to remit premium not later than the last day of May and each year.....
1) November
2) December
3) October
4) July
5) None
10. The concept of insuring deposits kept with banks received attention for the first time in the year 1948 after the banking crises in....
1) Karnataka
2) AP
3) Delhi
4) Ahmedabad
5) Bengal
11. Which committee supported the insuring of banking deposits in 1950?
1) Hilton-Young commission
2) C.Ranga Rajan Committee
3) Rural Banking Enquiry Committee
4) V.K.Rao committee
5) None
12. The present Chairman of DICGC ....
1) H.R. Khan
2) R. Gandhi
3) Dr. Nachiket M. Mor
4) K.C. Chakravarthy
5) Urjith Patel
13. Insurance covered under the DICGC....
1) only principle amount deposit
2) only interest accrued on principle
3) principle and interest accrued for the first three months on principle
4) both principle and interest
5) interest accrued first year only
14. Who pay the insurance premium to cover the Rs.1 lakh bank deposits?
1) Customer
2) Guardian of the customer
3) Bank
4) Nominee of the customer
5) None
15. To which bank Arun Jaitley allocated a sum of Rs.200 crores to NABARD for setting up of mega food parks on 18 July 2014?
1) SBI
2) RBI
3) SIDBI
4) Yes Bank
5) NABARD
16. YES Bank, which international money transfer company launched an online money transfer service with instant deposits to NRI customer accounts with any bank in India....
1) Rupay
2) Instant Pay
3) Voltaire
4) Pay tell
5) Transfast
17. Which of the following option is correct?
1) RBI kicked off a pilot project on 10 June 2014 that will allow a few mobile payment providers to test cash withdrawal facilities for a small portion of their semiclosed mobile wallet users.
2) In it sender and beneficiary's wallet will be seeded with Aadhaar number.
3) When the money transfer happens, the receiver, who does not have a bank account, can walk to a mRUPEE outlet and receive the cash after authenticating his identity with the biometric (finger print scanning).
4) Tata Teleservices' mobile wallet paymentbased service mRUPEE is one of the eight participants in the RBI pilot project.
5) All of the above
18. By mid June 2014, Bank credit grew at ........ percent year-on-year to Rs.60,90,030
crore.
1) 18.25
2) 13.88
3) 11.25
4) 19.25
5) 21.25
19. The RBI granted banking licences to IDFC and microfinance institution Bandhan Micro Finance Institute. The in-principle approval granted will be valid for a period of ...... completely with the requirements.
1) 6 months
2) 9 months
3) 12 months
4) 15 months
5) 18 months
20. The debit card can be used for....
1) Make Point of Sale (POS) purchase
2) Withdraw cash at ATM
3) Online shopping
4) 1 & 3 only
5) All of the above
21. The Government of India has authorized the Reserve Bank of India (RBI) to issue debt instruments up to a ceiling of ...... under the Market Stabilization Scheme (MSS) for the fiscal 2014-15.
1) Rs.20,000 crore
2) Rs.30,000 crore
3) Rs.40,000 crore
4) Rs.70,000 crore
5) Rs.50,000 crore
22. On 16 July 2014, which company has emerged as the country's top Non- Performing Asset (NPA) after it has failed to repay loans of over Rs.4,000 crore borrowed mainly from state-owned banks?
1) India Cement
2) Morgan Stanley
3) Videocon
4) Jet Airlines
5) Kingfisher
23. On 15 June 2014, the central government said only five States had fully implemented the National Food Security Act, 2013. They are Chhattisgarh, Haryana, Maharashtra, Rajasthan and ......
1) AP
2) West Bengal
3) Tamilnadu
4) Kerala
5) Punjab
24. Which nation has third highest number of HIV - infected people as the report given on 17 July 2014 UNAIDS, the United Nations programme on HIV / AIDS?
1) South Africa
2) Nigeria
3) India
4) USA
5) None
25. Union Minister of State for Youth Affairs and Sports said on 25 July 2014 that the government till now released Rs.144 crore to Assam for updating the National Register of Citizens (NRC) following a Supreme Court directive in 2006. The minister name is....
1) Sarbananda Sonowal
2) Uma Bharathi
3) V.K.Singh
4) Nirmala Sitharaman
5) None
26. ....... became the first Indian company to exceed Rs.5 lakh crore in market capitalization
on 23 July 2014.
1) Infosys
2) TCS
3) Tech Mahindra
4) Sincom
5) None
27. Union Government constituted a core group to work out a detailed action plan to eradicate the dreaded vector-borne disease, Kala Azar by .....
1) 2015
2) 2020
3) 2019
4) 2018
5) None
28. Inter-island air service operation in Andaman and Nicobar connecting Port Blair and Car Nicobar. What is the capital of Andaman-Nicobar islands?
1) Kavaratti
2) Itanagar
3) Gangtok
4) Port Blair
5) None
29. ......... appointed as the Governor of Haryana on 25 July 2014.
1) K.S. Solanki
2) Balram Das Tandon
3) Keshari Nath Tripathi
4) E.L. Narasimhan
5) None
30. Kargil Vijay Diwas celebrated on....
1) 26 July
2) 26 June
3) 26 May
4) 26 April
5) None
31. Who has been appointed as the Chairman of International Cricket Council (ICC) on 26 June 2014?
1) Sunil Gavaskar
2) David Boon
3) N. Srinivasan
4) Jeff Boycott
5) None
32. President of International Cricket Council (ICC).....
1) Mustafa Kamal
2) David Boon
3) Sanath Jayasurya
4) Anil Kumble
5) None
33. 'Great Sport Great Spirit' is the motto of....
1) Olympic Committee
2) International Cricket Council
3) Indian Olympic Committee
4) Winter Olympic Games
5) None
34. Where is the headquarters of International Cricket Council (ICC)?
1) Kolkata
2) Durban
3) Dubai
4) Lords
5) Sydney
35. Indian Grand Prix Formula One Championship won by .......
1) Lewis Hamilton
2) Mark Weber
3) Daniel Ricciardo
4) Sebastian Vettel
5) None
ANSWERS:
1-4, 2-5, 3-1, 4-5, 5-4, 6-5, 7-5, 8-1, 9-1, 10-5
11-3, 12-5, 13-4, 14-3, 15-5, 16-5, 17-5, 18-2, 19-5, 20-5
21-5, 22-5, 23-5, 24-3, 25-1, 26-2, 27-1, 28-4, 29-1, 30-1
31-3, 32-1, 33-2, 34-3, 35-4.
