Monday, July 21, 2014

GENERAL AWARENESS PRACTICE MCQs FOR IBPS EXAMS

1. Promote sustainable and equitable agriculture and rural prosperity through effective credit support is the mission of......
1) NABARD
2) SBI
3) RBI
4) EXIM Bank
5) None

2. NABARD stands for .......
1) National Bank for Agriculture and Related Development
2) National Agriculture Bank and Rural Development
3) National Bank for Agri-goods and Rural Development
4) National Bank for Agriculture and Rural Development
5) None

3. Agriculture Apex Development Bank is....
1) NABARD
2) Co-operative Bank
3) RBI
4) SBI
5) None

4. Committee to Review Arrangements for Institutional Credit for Agriculture and Rural Development (CRAFICARD) submitted a report on 28 November 1979 recommended RBI to establish NABARD. The committee headed by......
1) Hilton-Young
2) Narasimham
3) Sivaraman
4) Mutturaman
5) Vaidyanathan

5. National Bank for Agriculture and Rural Development (NABARD) established on....
1) 12 July 1991
2) 12 July 1992
3) 12 July 2002
4) 12 July 1982
5) 1 July 1955

6. By transferring the agricultural credit functions of RBI and refinance functions of the then ARDC, NABARD came in to existence in 1982. ARDC stands for.....
1) Agricultural Regional and Development Corporation
2) Agricultural Refinance and Development Corporation
3) Agricultural Refinance and Domestic Corporation
4) Agri Refinance and Development Corporation
5) None

7. Which bank was under the obligation for facilitating credit flow for promotion and development of agriculture, small-scale industries, cottage and village industries, handicrafts and other rural crafts
1) SBI
2) NHB
3) NABARD
4) HDFC
5) RBI

8. The main function of NABARD includes....
1) Lending
2) Refinance
3) Co-ordinating lending
4) Assistance in Refinance
5) All of above

9. NABARD Head office is in..........
1) Kolkata
2) New Delhi
3) Chennai
4) Mumbai
5) Lucknow

10. The present chairman of NABARD is.....
1) UK Sinha
2) Rahul Khullar
3) Raghuram Rajan
4) T.S. Vijayan
5) Harsh Kumar Bhanwala

11. DEDS will be continued in the financial year 2014-15 also as told by NABARD on 30 May 2014. DEDS stands for...
1) Drought Entity Development Scheme
2) Dairy Entrepreneurship Door Scheme
3) Delay Entrepreneurship Development Scheme
4) Dairy Entrepreneurship Development Scheme
5) None

12. JLG the new concept developed by NABARD aimed to provide institutional credit to small farmers like share croppers, oral lessees and agricultural labourers. JLG stands for.......
1) Joint Loan Group
2) Join Liability Group
3) Joint Liability Grades
4) Joint Liberal Group
5) Joint Liability Group

13. Providing financial services in two broad areas of agriculture and microfinance. NABFINS provides credit and other facilities for promotion, expansion, commercialization and modernization of agriculture and allied activities. NABFINS means.....
1) NABARD Financial Services Limited
2) NABARD Financial Securities Limited
3) NABARD Financial Services Loan
4) NBFC Financial Services Limited
5) None

14. NABCONS engaged in providing consultancy in all spheres of agriculture, rural development
and allied areas. NABCONS mean........
1) NABARD Consumer Services
2) NABARD Custom Services
3) NABARD Company Services
4) NABARD Consultancy Services
5) None

15. The NABARD declared to rejuvenate PACs by converting them into multi-services centers.
What is meant by PAC?
1) Preliminary Agricultural Co-operatives
2) Primary Agricultural Consortium
3) Point to Point Agricultural Co-operatives
4) Progress Agricultural Co-operatives
5) Primary Agricultural Co-operatives

16. With effect from 1 April 2014, credit linked back ended subsidy Scheme, ISAM came in to existence and being implemented by NABARD. ISAM stands for......
1) Indian Scheme for Agricultural Marketing
2) Integrated Scheme for Arid Marketing
3) Integrated Scheme for Agricultural Marketing
4) Integrated Scheme for Agricultural Manufacturing
5) None

17. On 28 May 2014, NABARD seeks the additional capital support of Rs. ........... from government.
1) 200
2) 500
3) 1200
4)2000
5) 1500

18. NABARD has withdrawn the controversial scheme of.......
1) Funding Small Farmers
2) Funding Agriculture Labour
3) Funding Rural Warehousing
4) Funding Corporate Warehousing
5) None

19. National Bank Staff College runs by NABARD. It is at.........
1) Chennai
2) Hyderabad
3) Baroda
4) Lucknow
5) Mangalore

20. National Bank Training Centre run by NABARD is at .........
1) Delhi
2) Pune
3) Kolkata
4) Lucknow
5) Hyderabad

21. In the NABARD Warehousing Scheme (NWS) 2013-14, the NABARD can give loans to Public and Private infrastructure companies to construct......
1) construction of warehouses
2) cold storages
3) cold chains and silos
4) All of above
5) None of above

22. NABARD's authorized capital is...........
1) Rs.10,000 cr
2) Rs.35,000 cr
3) Rs.50,000 cr
4) Rs.20,000 cr
5) None

23. RBI objected the norms of ........ scheme of NABARD, though later rectified by NABARD.
1) MFI
2) MSME
3) RIDF
4) SME
5) SHG

24. RIDF stands for .......
1) Regional Infrastructure Development Fund
2) Rural Investment Development Fund
3) Rural Infrastructure Development Fund
4) Rural Infrastructure Drought Fund
5) None

25. By mid June 2014, Bank credit grew at ...... percent year-onyear to Rs. 60,90,030 crore.
1) 18.25
2) 13.88
3) 11.25
4) 19.25
5) 21.25

26. Union government appreciated the opening of Repository at Hyderabad. Repository helps....
1) to provide policy holders the facility to keep insurance policies in electronic form.
2) to provide policy holders the facility to keep insurance policies in physical form.
3) to provide LIC agents the facility to keep insurance policies in electronic form.
4) to provide policy holders the facility to keep insurance policies in rough form.
5) None

27. On 7 July 2014, Supreme Court said which courts are illegal?
1) Civil courts
2) Lok Adalats
3) Criminal courts
4) High court benches
5) Shariat courts

28. To which state the Supreme Court had given direction to stop mining in Aravali hills on 4 July 2014?
1) Rajasthan
2) MP
3) Chhattisgarh
4) Jharkhand
5) Haryana

29. Haryana Chief Minister is........
1) Virbhadra Singh
2) Vasundhara Raje
3) Bhupinder Singh Hooda
4) Jagannath Pahadia
5) None

30. 12th Agricultural Science Congress to be held in Karnal in 2015, organised by the National Academy of Agricultural Sciences (NAAS). Where is NAAS?
1) Haryana
2) Jammu and Kashmir
3) Karnataka
4) AP
5) Telangana

31. A trial run of a semi-high-speed train recently run between Delhi and .......
1) Agra
2) Bhopal
3) Mathura
4) Jhansi
5) Indore

32. Prime Minister of India inaugurated the 240 MW Uri-II Hydro Electric Project (HEP) on 4 July 2014. It is in.........
1) Jammu and Kashmir
2) Haryana
3) Chhattisgarh
4) Jharkhand
5) Odisha

33. Katra-Udhampur railway line of Jammu inaugurated by Prime Minister to facilitate easy access to the pilgrims to visit......
1) Mata Vaishno Devi Shrine
2) Manasa Sarovar Darsan
3) Kedarnath Temple
4) Kailasnath Hill Darsan
5) None

34. Supreme Court on 1 July 2014 directed which state make efforts to restore the beauty of the world-famous Dal Lake?
1) Haryana
2) Delhi
3) Himachal Pradesh
4) Jammu and Kashmir
5) AP

35. Chief Minister of Jammu and Kashmir is....
1) Farooq Abdullah
2) Narinder Nath Vohra
3) Omar Abdullah
4) Najma Hepthulla
5) None

36. In order to facilitate access to published works for persons who are blind and visually impaired, which treaty was ratified by India on 30 June 2014?
1) Geneva
2) Bretton Woods
3) Panchaseel
4) Marrakesh
5) None

37. Recently in which metro city the 11 storey building collapsed on 29 June 2014, took away more than 60 lives?
1) Hyderabad
2) Visakhapatnam
3) Chennai
4) Bangalore
5) None

38. Project Seabird Phase II, the naval base in Karwar got clearance from the Union Ministry of Environment and Forests on 9 June 2014. Karwar is in....
1) Karnataka
2) Maharashtra
3) Goa
4) AP
5) Odisha

39. A north eastern state notified to provide 12 percent horizontal reservation for Below Poverty Line (BPL) candidates in all state government jobs on 5 June 2014. It is....
1) Sikkim
2) Meghalaya
3) Manipur
4) Arunachal Pradesh
5) None

40. Sikkim Chief Minister is........
1) Tarun Gogoi
2) Ibobi Singh
3) Mukul Sangma
4) Pawan Kumar Chamling
5) Lal Thanhawla

41. First flying observatory fitted with an infrared telescope called 'Stratospheric Observatory for Infrared Astronomy' (SOFIA) is an idea of......
1) NASA
2) CNES
3) DLR
4) ISRO
5) PENTA

42. UNICEF stands for......
1) United Nations International Children's Emergency Fund
2) United Nations Intentional Children's Emergency Fund
3) United Nations International Children's Employers Fund
4) United Nations Integrated Children's Emergency Fund
5) None

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