1. RBI has permitted the NBFC-ND to act as Business Correspondents of banks with an aim of spreading financial inclusion on 24th June 2014. NBFC-ND stands for?
1) Non Banking Finance Company at New Delhi
2) Non Banking Finance Company Non- Drawer
3) Non-deposit Non Banking Finance Company
4) New Director Non Banking Finance Company
5) None
2. On 1st July 2014, which committee submitted the report on Data and Information Management in RBI?
1) Anand Sinha
2) H.R. Khan
3) Arundhathi Bhattacharya
4) Rakesh Mohan
5) D.K. Mohanty
3. Largest domestic issuer of overseas bond is?
1) PNB
2) SBI
3) BOI
4) IOB
5) ICICI
4. RBI was formed on the recommendations of .......... commission.
1) Kelkar
2) Curzon
3) Hilton -Young
4) Minto-morley
5) None
5. Hamara Khaata Hamara Swabhimaan (Our Account Our Pride) scheme to provide the No frill accounts to poor announced by?
1) Indian Banks Association and SBI
2) RBI and IBA
3) Indian Banks Association and Ministry of Finance
4) SBI and IDBI
5) Ministry of Finance and World Bank
6. Banks usually share the information of CIBIL at the time of giving credit to the borrowers. CIBIL stands for?
1) Core Inform Bureau (India) Limited
2) Credit Information Bureau (India) Limited
3) Consumer Information Bureau (India) Limited
4) Credit Information Board (India) Limited
5) Collective Information Bureau (India) Limited
7. In the term 'EMI'. E means ....... (This term used in loans).
1) Ebb
2) Engine
3) End
4) Equated
5) None
8. Savings account cannot be opened by?
1) Teacher
2) House Wife
3) Farmer
4) Person doing Money Laundering
5) Person doing more than two businesses
9. What is the condition for a bank to be called
a 'Scheduled Bank'?
1) Its business has crossed Rs.1000-cr mark.
2) Its branch network is over 100.
3) It is included in the second schedule of the RBI Act.
4) It complies with all the above conditions.
5) None
10. PJ Nayak Committee submitted its report to the RBI on 24th May 2014, has mention about the dual regulation of Public Sector Banks (PSBs) as they are regulated by the RBI as well as the .........
1) Ministry of Finance
2) Ministry of Commerce and Industry
3) Ministry of Law
4) Ministry of Home Affairs
5) None of above
11. Regarding Indian Currency the statements relating to RBI given. Pick the incorrect one?
1) It issues Rs.2 and above paper currency till Rs.1000 paper currency now .
2) It was given power to issue the paper currency denomination up to Rs.10,000.
3) It issues Rs.1 also .
4) Coins Mint by Government of India
5) It acts as the Government's agent for issue and distribution of coins.
12. MICR cheques are familiar these days. In MICR, first three digits say the city name or district name and next three digits say?
1) branch code
2) bank license code
3) bank name
4) bank head office name
5) None
13. Present CRR is .......
1) 4%
2) 22.5%
3) 8%
4) 7%
5) 9%
14. Union Budget for 2014-15 proposes REITS for infrastructure projects to reduce pressure on banking system. REITs stands for?
1) Real Estate Investment Trusts
2) Real Estate Innovation Trusts
3) Real Estate Infrastructure Trusts
4) Real Estate Industrial Trusts
5) None of these
15. Which scheme introduced to help in generating awareness and improving the efficiency of delivery of welfare services meant for women with an initial corpus of Rs.100 crore in the Union Budget 2014-15?
1) Beti Bachao, Beti Badhao Yojana
2) Beti Bachao, Beti Banhao Yojana
3) Beti Bachao, Beti Padhao Yojana
4) Beti Padhao, Beti Jaman Yojana
5) None
16. First indigenous Anti-Submarine Warship (ASW) joined Indian Naval Ship on 12th July 2014. It is .......
1) INS Kamorta
2) INS Sindur
3) INS Konkan
4) INS Lakor
5) None
17. FIFA suspended which nation from all international football competitions on 9th July 2014, alleging the government interference is more in that nation's food ball federation?
1) Nigeria
2) Brazil
3) Switzerland
4) Sweden
5) Norway
18. Rammasun, the strong typhoon attacked large parts of the ............ on 15th July 2014?
1) India
2) Egypt
3) Philippines
4) Italy
5) None
19. 6th BRICS Summit held on 15-16 July 2014 at .......
1) Fortaleza, Brazil
2) Ufa, Russia
3) New Delhi, India
4) Beijing, China
5) None
20. BRICS development bank will be having headquarters at?
1) New Delhi
2) Shanghai
3) Brasilia
4) Johannesburg
5) Moscow
21. India and which nation decided to launch negotiations for civil nuclear cooperation on 8 July 2014. This nation's foreign secretary of state William Hague visiting India for this purpose.
1) USA
2) Bulgaria
3) New Zealand
4) UK
5) Germany
22. In the education schemes, MDMS stands for?
1) Mid Day Maintenance Scheme
2) More Day Meal Scheme
3) Mid Dull Meal Scheme
4) Mid Day Meal Scheme
5) None
23. On 11th July, 2014, Supreme Court ordered Union Government to bring wages under MGNREGS on par with minimum wages existing under different states. MGNREGS stands for?
1) Mahatma Gandhi National Rural Employment Group Scheme.
2) Mahatma Gandhi National Rural Employment Guild Scheme.
3) Mahatma Gandhi National Rozgar Employment Guarantee Scheme.
4) Millennium Gandhi National Rural Employment Guarantee Scheme.
5) Mahatma Gandhi National Rural Employment Guarantee Scheme
24. Who was awarded with the prestigious Gandhi Peace Prize for 2013?
1) Dalia lama
2) Barack Obama
3) Chandi Prasad Bhatt
4) Shianzo Abe
5) None
25. Keshari Nath Tripathi took oath as the Governor of?
1) West Bengal
2) UP
3) Odisha
4) Meghalaya
5) None
26. New state formed recently ........
1) Purvanchal
2) Haritha Pradesh
3) Kodagu
4) Telangana
5) Bodo land
27. Who was elected as the 10th president of Israel on 10th June 2014 succeeding Shimon Peres?
1) Benjamin Netanyahu
2) Francis Holliand
3) Reuven Ruby Rivlin
4) Joe Baden
5) None
28. FIFA 2014 foot ball cup won by ...
1) Germany
2) Italy
3) France
4) USA
5) None
29. Which Indian Ace Tennis Player and Cara Black of South Africa were ranked careerbest fifth in the latest WTA Doubles Rankings?
1) Rushmi Chakravarthi
2) Ankita Bhambri
3) Sania Mirza
4) Manisha Malhotra
5) None
30. On 10th July 2014, UNO released World Urbanization Prospects report. As per it the most populous city in the world is Tokyo having 38 million populations. Which city got second rank having 25 million population?
1) New York
2) Milan
3) Jakarta
4) Ottawa
5) New Delhi
31. 'Land Belongs to the Future - Let's Climate Proof It' is theme of World Day to Combat Desertification. The World Day to Combat Desertification observed on ........
1) 10th June
2) 17th June
3) 1st July
4) 10th May
5) 10th July
32. Who releases first Encyclopedia on Hinduism, edited by Swami Chidanand Saraswatiji of the Parmarth Niketan Rishikesh?
1) Abdul Kalam
2) Sonia Gandhi
3) Pranab Mukherjee
4) Narendra Modi
5) None
33. Thailand capital is?
1) Kuala Lumpur
2) Hanoi
3) Canberra
4) Colombo
5) Bangkok
34. Which nation allows dual citizenship for the children of immigrants on 3rd July 2014?
1) USA
2) Canada
3) Germany
4) France
5) Italy
35. Swami and His Friends, Grand Mother's Tale, A Tiger for Malgudi, The Man-eater of Malgudi, A Horse and Two Goats, The Bachelor of Arts are the books of ........
1) Mulk Raj Anand
2) Raja Rao
3) Vivekananda
4) R.K. Narayan
5) None
36. Flipkart, India's largest e-retailer, on 22 May 2014 acquired the country's biggest fashion portal?
1) Myntra
2) Snapdeal
3) Amazon
4) e-bay
5) None
37. CCEA headed by .......
1) Commerce Minister
2) Finance Minister
3) Prime Minister
4) President of India
5) None
38. Marylebone Cricket Club XI on 5th July 2014 won the match played to celebrate 200- years (bi-centenary of Lord's Cricket Ground on 5th July 2014. The team led by?
1) Steve Waugh
2) Kapil Dev
3) Sachin Tendulkar
4) Shen Warne
5) None
39. Chief Ministers combination given. Locate the wrong option.
1) Assam - Tarun Gogoi
2) Haryana - Bhupinder Singh Hooda
3) Jharkhand - Raman Singh
4) Manipur - Ibobi Singh
5) Meghalaya - Mukul Sangma
40. Pension scheme for farmers and scheme to air-lift doctors to remote areas introduced on 5th June 2014 by?
1) Uttarakhand
2) Odisha
3) HP
4) Delhi
5) Kerala
ANSWERS:
1-3, 2-5, 3-2, 4-3, 5-3, 6-2, 7-4, 8-4, 9-3, 10-1
11-3, 12-3, 13-1, 14-1, 15-3, 16-1, 17-1, 18-3, 19-1, 20-2
21-4, 22-4, 23-5, 24-3, 25-1, 26-4, 27-3, 28-1, 29-3, 30-5
31-2, 32-3, 33-5, 34-3, 35-4, 36-1, 37-3, 38-3, 39-3, 40-1
1) Non Banking Finance Company at New Delhi
2) Non Banking Finance Company Non- Drawer
3) Non-deposit Non Banking Finance Company
4) New Director Non Banking Finance Company
5) None
2. On 1st July 2014, which committee submitted the report on Data and Information Management in RBI?
1) Anand Sinha
2) H.R. Khan
3) Arundhathi Bhattacharya
4) Rakesh Mohan
5) D.K. Mohanty
3. Largest domestic issuer of overseas bond is?
1) PNB
2) SBI
3) BOI
4) IOB
5) ICICI
4. RBI was formed on the recommendations of .......... commission.
1) Kelkar
2) Curzon
3) Hilton -Young
4) Minto-morley
5) None
5. Hamara Khaata Hamara Swabhimaan (Our Account Our Pride) scheme to provide the No frill accounts to poor announced by?
1) Indian Banks Association and SBI
2) RBI and IBA
3) Indian Banks Association and Ministry of Finance
4) SBI and IDBI
5) Ministry of Finance and World Bank
6. Banks usually share the information of CIBIL at the time of giving credit to the borrowers. CIBIL stands for?
1) Core Inform Bureau (India) Limited
2) Credit Information Bureau (India) Limited
3) Consumer Information Bureau (India) Limited
4) Credit Information Board (India) Limited
5) Collective Information Bureau (India) Limited
7. In the term 'EMI'. E means ....... (This term used in loans).
1) Ebb
2) Engine
3) End
4) Equated
5) None
8. Savings account cannot be opened by?
1) Teacher
2) House Wife
3) Farmer
4) Person doing Money Laundering
5) Person doing more than two businesses
9. What is the condition for a bank to be called
a 'Scheduled Bank'?
1) Its business has crossed Rs.1000-cr mark.
2) Its branch network is over 100.
3) It is included in the second schedule of the RBI Act.
4) It complies with all the above conditions.
5) None
10. PJ Nayak Committee submitted its report to the RBI on 24th May 2014, has mention about the dual regulation of Public Sector Banks (PSBs) as they are regulated by the RBI as well as the .........
1) Ministry of Finance
2) Ministry of Commerce and Industry
3) Ministry of Law
4) Ministry of Home Affairs
5) None of above
11. Regarding Indian Currency the statements relating to RBI given. Pick the incorrect one?
1) It issues Rs.2 and above paper currency till Rs.1000 paper currency now .
2) It was given power to issue the paper currency denomination up to Rs.10,000.
3) It issues Rs.1 also .
4) Coins Mint by Government of India
5) It acts as the Government's agent for issue and distribution of coins.
12. MICR cheques are familiar these days. In MICR, first three digits say the city name or district name and next three digits say?
1) branch code
2) bank license code
3) bank name
4) bank head office name
5) None
13. Present CRR is .......
1) 4%
2) 22.5%
3) 8%
4) 7%
5) 9%
14. Union Budget for 2014-15 proposes REITS for infrastructure projects to reduce pressure on banking system. REITs stands for?
1) Real Estate Investment Trusts
2) Real Estate Innovation Trusts
3) Real Estate Infrastructure Trusts
4) Real Estate Industrial Trusts
5) None of these
15. Which scheme introduced to help in generating awareness and improving the efficiency of delivery of welfare services meant for women with an initial corpus of Rs.100 crore in the Union Budget 2014-15?
1) Beti Bachao, Beti Badhao Yojana
2) Beti Bachao, Beti Banhao Yojana
3) Beti Bachao, Beti Padhao Yojana
4) Beti Padhao, Beti Jaman Yojana
5) None
16. First indigenous Anti-Submarine Warship (ASW) joined Indian Naval Ship on 12th July 2014. It is .......
1) INS Kamorta
2) INS Sindur
3) INS Konkan
4) INS Lakor
5) None
17. FIFA suspended which nation from all international football competitions on 9th July 2014, alleging the government interference is more in that nation's food ball federation?
1) Nigeria
2) Brazil
3) Switzerland
4) Sweden
5) Norway
18. Rammasun, the strong typhoon attacked large parts of the ............ on 15th July 2014?
1) India
2) Egypt
3) Philippines
4) Italy
5) None
19. 6th BRICS Summit held on 15-16 July 2014 at .......
1) Fortaleza, Brazil
2) Ufa, Russia
3) New Delhi, India
4) Beijing, China
5) None
20. BRICS development bank will be having headquarters at?
1) New Delhi
2) Shanghai
3) Brasilia
4) Johannesburg
5) Moscow
21. India and which nation decided to launch negotiations for civil nuclear cooperation on 8 July 2014. This nation's foreign secretary of state William Hague visiting India for this purpose.
1) USA
2) Bulgaria
3) New Zealand
4) UK
5) Germany
22. In the education schemes, MDMS stands for?
1) Mid Day Maintenance Scheme
2) More Day Meal Scheme
3) Mid Dull Meal Scheme
4) Mid Day Meal Scheme
5) None
23. On 11th July, 2014, Supreme Court ordered Union Government to bring wages under MGNREGS on par with minimum wages existing under different states. MGNREGS stands for?
1) Mahatma Gandhi National Rural Employment Group Scheme.
2) Mahatma Gandhi National Rural Employment Guild Scheme.
3) Mahatma Gandhi National Rozgar Employment Guarantee Scheme.
4) Millennium Gandhi National Rural Employment Guarantee Scheme.
5) Mahatma Gandhi National Rural Employment Guarantee Scheme
24. Who was awarded with the prestigious Gandhi Peace Prize for 2013?
1) Dalia lama
2) Barack Obama
3) Chandi Prasad Bhatt
4) Shianzo Abe
5) None
25. Keshari Nath Tripathi took oath as the Governor of?
1) West Bengal
2) UP
3) Odisha
4) Meghalaya
5) None
26. New state formed recently ........
1) Purvanchal
2) Haritha Pradesh
3) Kodagu
4) Telangana
5) Bodo land
27. Who was elected as the 10th president of Israel on 10th June 2014 succeeding Shimon Peres?
1) Benjamin Netanyahu
2) Francis Holliand
3) Reuven Ruby Rivlin
4) Joe Baden
5) None
28. FIFA 2014 foot ball cup won by ...
1) Germany
2) Italy
3) France
4) USA
5) None
29. Which Indian Ace Tennis Player and Cara Black of South Africa were ranked careerbest fifth in the latest WTA Doubles Rankings?
1) Rushmi Chakravarthi
2) Ankita Bhambri
3) Sania Mirza
4) Manisha Malhotra
5) None
30. On 10th July 2014, UNO released World Urbanization Prospects report. As per it the most populous city in the world is Tokyo having 38 million populations. Which city got second rank having 25 million population?
1) New York
2) Milan
3) Jakarta
4) Ottawa
5) New Delhi
31. 'Land Belongs to the Future - Let's Climate Proof It' is theme of World Day to Combat Desertification. The World Day to Combat Desertification observed on ........
1) 10th June
2) 17th June
3) 1st July
4) 10th May
5) 10th July
32. Who releases first Encyclopedia on Hinduism, edited by Swami Chidanand Saraswatiji of the Parmarth Niketan Rishikesh?
1) Abdul Kalam
2) Sonia Gandhi
3) Pranab Mukherjee
4) Narendra Modi
5) None
33. Thailand capital is?
1) Kuala Lumpur
2) Hanoi
3) Canberra
4) Colombo
5) Bangkok
34. Which nation allows dual citizenship for the children of immigrants on 3rd July 2014?
1) USA
2) Canada
3) Germany
4) France
5) Italy
35. Swami and His Friends, Grand Mother's Tale, A Tiger for Malgudi, The Man-eater of Malgudi, A Horse and Two Goats, The Bachelor of Arts are the books of ........
1) Mulk Raj Anand
2) Raja Rao
3) Vivekananda
4) R.K. Narayan
5) None
36. Flipkart, India's largest e-retailer, on 22 May 2014 acquired the country's biggest fashion portal?
1) Myntra
2) Snapdeal
3) Amazon
4) e-bay
5) None
37. CCEA headed by .......
1) Commerce Minister
2) Finance Minister
3) Prime Minister
4) President of India
5) None
38. Marylebone Cricket Club XI on 5th July 2014 won the match played to celebrate 200- years (bi-centenary of Lord's Cricket Ground on 5th July 2014. The team led by?
1) Steve Waugh
2) Kapil Dev
3) Sachin Tendulkar
4) Shen Warne
5) None
39. Chief Ministers combination given. Locate the wrong option.
1) Assam - Tarun Gogoi
2) Haryana - Bhupinder Singh Hooda
3) Jharkhand - Raman Singh
4) Manipur - Ibobi Singh
5) Meghalaya - Mukul Sangma
40. Pension scheme for farmers and scheme to air-lift doctors to remote areas introduced on 5th June 2014 by?
1) Uttarakhand
2) Odisha
3) HP
4) Delhi
5) Kerala
ANSWERS:
1-3, 2-5, 3-2, 4-3, 5-3, 6-2, 7-4, 8-4, 9-3, 10-1
11-3, 12-3, 13-1, 14-1, 15-3, 16-1, 17-1, 18-3, 19-1, 20-2
21-4, 22-4, 23-5, 24-3, 25-1, 26-4, 27-3, 28-1, 29-3, 30-5
31-2, 32-3, 33-5, 34-3, 35-4, 36-1, 37-3, 38-3, 39-3, 40-1
