Sunday, June 14, 2015

SBI PROBATIONARY OFFICERS EXAM GENERAL AWARENESS PRACTICE MCQs

1. Loans given to small-scale and ancillary industries are treated as priority sector lending. Micro, Small and Medium Enterprises Development (MSMED) Act was passed in ...
1) 2010
2) 2006
3) 2009
4) 2004
5) 2008

2. As per MSMED Act, if an enterprise engaged in the manufacture or production, processing or preservation of goods a micro enterprise is an enterprise where investment in plant and machinery does not exceed .......
1) Rs.25 lakh
 2) Rs.12 lakh
3) Rs.5 lakh
4) Rs.15 lakh
5) Rs.1 lakh

3. On 29 April 2015, RBI set a target of ANBC (Adjusted Net Bank Credit) prescribed for Micro Enterprises, to be achieved in a phased manner i.e. 7 percent by
1) March 2019
2) March 2017
3) December 2016
4) April 2018
5) March 2016

4. A target of ANBC (Adjusted Net Bank Credit) has been prescribed for Micro Enterprises, to be achieved in a phased manner i.e. 7.5 percent by .......
1) March 2017
2) March 2018
3) Dec 2017
4) Jan 2019
5) None

5. The target of ANBC has been prescribed for Micro Enterprises, to be achieved in a phased manner i.e. 7 percent by March 2016 and 7.5 percent by March 2017 for domestic banks. What about this target for foreign banks where they have less than 20 branches in India?
1) The above targets to be achieved by March 2020.
2) The above targets to be achieved by March 2018.
3) The above targets to be achieved by March 2017.
4) The above targets to be achieved by March 2019.
5) No targets assigned for these banks.

6. A small enterprise is an enterprise where the investment in plant and machinery is more than Rs.25 lakh but does not exceed ....... If an enterprise engaged in the manufacture or production, processing or preservation of goods.
1) Rs.5 crore
2) Rs.3 crore
3) Rs.2 crore
4) Rs.15 crore
5) None

7. Medium enterprise is an enterprise where the investment in plant and machinery is more than Rs.5 crore but does not exceed.... If an enterprise engaged in the manufacture or production, processing or preservation of goods.
1) Rs.50 crore
2) Rs.5 crore
3) Rs.10 crore
4) Rs.100 crore
5) None

8. As per MSMED Act 2006, if an enterprise engaged in providing or rendering of services and whose investment in equipment, it is a micro enterprise is an enterprise where the investment in equipment does not exceed ........
1) Rs.10 lakh
2) Rs.25 lakh
3) Rs.100 lakh
4) Rs.70 lakh
5) Rs.50 lakh

9. Small enterprise is an enterprise where the investment in equipment (in rendering of services) is more than Rs.10 lakh but does not exceed ........
1) Rs.10 crore
2) Rs.5 crore
3) Rs.1 crore
4) Rs.2 crore
5) Rs.20 crore

10. The medium enterprise is an enterprise where the investment in equipment (in rendering of services) is more than Rs.2 crore but does not exceed .........
1) Rs.10 crore
2) Rs.8 crore
3) Rs.50 crore
4) Rs.3 crore
5) Rs.5 crore

11. All loans to units in the KVI sector will be eligible for classification under the sub-target of 7
percent / 7.5 percent prescribed for Micro Enterprises under priority sector. KVI stands for .......
1) Khadi and Village Industries Sector
2) Khaki and Village Industries Sector
3) Khadi and Vicinity Industries Sector
4) Khadi and Village Infrastructure Sector
5) None of above

12. The credit outstanding under general credit cards also come under the 'other finance to MSMEs'. Here the general credit cards include ..........
1) Artisan Credit Card
2) Laghu Udyami Card
3) Swarojgar Credit Card
4) Weaver's Card
5) All of above

13. Prime Minister's Task Force on MSMEs headed by whom prescribed few targets for banks for lending to the Micro and Small Enterprise (MSE) sector?
1) T.K.A. Nair
2) Lakdawala
3) Sundarama Ganesan
4) Pradhymna Kumar
5) None

14. Ministry of MSME, Government of India and ........ set up the Credit Guarantee Fund Trust for Micro and Small Enterprises with a view to facilitate flow of credit to the MSE sector without the need for collaterals / third party guarantees.
1) RBI
2) IDBI
3) SIDBI
4) NABARD
5) None

15. A viable / potentially viable unit may apply for a debt restructuring if it shows early stage of sickness. It is called .........
1) debt restructuring of advances
2) debt cancellation of advances
3) debt trapping
4) debt postponement
5) None

16. RBI set guidelines on OTS for MSEs for settlement of their NPAs. OTS means ........
1) Order Time Settlement Scheme
2) One Take Settlement Scheme
3) One Time Settlement Scheme
4) One Time Score Scheme
5) None

17. RSETIs set up to provide training for MSE (Micro and Small Entrepreneurs). RSETI means .......
1) Rural Self Empowerment Training Institutes
2) Rural School Employment Training Institutes
3) Rural Study Employment Training Institutes
4) Regular Self Employment Training Institutes
5) None

18. Banks also provide assistance to the MSE entrepreneurs through their FLC. FLC stands for ........
1) Front Literacy Centre
2) Financial Literacy Centre
3) First Literacy Centre
4) Fourth Literacy Centre
5) None

19. Government of India has enacted the Micro, Small and Medium Enterprises Development (MSMED) Act, 2006. As per this act within a maximum of how many days, the buyers have to make the payments for the goods and services received by them from Micro, Small Enterprises?
1) 15 days
2) 30 days
3) 10 months
4) 2 weeks
5) 100 days

20. Union Cabinet on 30 May 2015 has given its approval for MOU between India and ...... on cooperation in the field of Micro, Small and Medium Enterprises.
1) Sweden
2) Norway
3) Austria
4) Sri Lanka
5) USA

21. On 1 June 2015, which nation has unveiled the world's first facial recognition ATM?
1) USA
2) UK
3) Israel
4) India
5) China

22. Which bank on 29 May 2015 launched an Online Customer Acquisition Solution (OCAS)?
1) ICICI
2) IndusInd bank
3) SBI
4) Kotak Bank
5) HDFC

23. Finance Minister Arun Jaitley has inaugurated New Bank Note Paper Line of 6000 MT capacity at ....... on 30 May 2015.
1) Hoshangabad, MP
2) Nashik, Maharashtra
3) Kochi, Kerala
4) Chennai, Tamilnadu
5) Shimla, HP

24. Your portfolio contains 85 percent stocks, 10 percent bonds, and 5 percent cash. Experts would agree that your portfolio is ...
1) Moderate
2) Simple
3) Soft
4) Zero
5) Aggressive

25. India’s first television channel Kisan Channel dedicated to farmers by PM on 27th May 2015. The channel belongs to .....
1) Zee
2) Sony
3) Star Plus
4) Doordarshan
5) ETV

26. Nelong Valley opened for tourists on 21 May 2015. It is in ........
1) Jharkhand
2) MP
3) Kerala
4) Uttarakhand
5) Gujarat

27. Valley of Flowers is a National Park located in West Himalaya, is in the state of .......
1) AP
2) Uttarakhand
3) Kerala
4) Tamilnadu
5) Haryana

28. The list of valleys in the world given. Locate the correct combination.
1) India - Damodar Valley
2) USA - Silicon Valley
3) Israel - Jordan Rift Valley
4) Pakistan - Swat Valley
5) All of above

29. ISIS captures Palmyra, the ancient city on 21 May 2015. It is in .......
1) Iraq
2) Afghanistan
3) Iran
4) Syria
5) None

30. ISIS stands for (terrorist organization)
1) Islamic State in Iran and Syria
2) Islamic State in Iraq and Somalia
3) Islamic Sovereignty in Iraq and Syria
4) Islamic State in Iraq and Syria
5) None of above

31. China has again termed the McMahon Line on the India - China boundary as illegal on 25 May 2015. With this, China has reaffirmed its claims on ........ which, it says, is a part of Southern Tibet.
1) Sikkim
2) Manipur
3) Arunachal Pradesh
4) Meghalaya
5) Assam

32. The Boundary Lines between nations given. Pick the wrong combination.
1) India and Pakistan - Radcliffe Line
2) Germany and Poland - Hindenburg Line
3) Germany and France - Maginot Line
4) Russia and Finland - Mannerheim Line
5) None

33. India and ........ signed a Joint Vision Statement on Defence Cooperation for the period 2015 - 20 recently.
1) USA
2) Japan
3) South Korea
4) Vietnam
5) Sweden

34. Who has been appointed as the new Chancellor of Nalanda University?
1) John Marshall
2) Meghnadh Desai
3) George Yeo
4) Goh Chok Tong
5) None of above

35. Arunachal Pradesh Governor is .......
1) Jyoti Prasad Rajkhowa
2) P.B. Acharya
3) Krishan Kant Paul
4) V. Shanmuganathan
5) Tathagata Roy

36. Who has been appointed as the new union Cabinet Secretary with effect from 13th June'15?
1) Nripendra Mishra
2) Ajit Seth
3) Pradeep Kumar Sinha
4) R.K. Mathur
5) L.C. Goyal

37. USA Secretary of state is ........
1) John Kerry
2) William Hague
3) Sergei Lavrov
4) Wang Yi
5) Hina Rabbani Khar

38. 'Nai Roshni' is the new scheme for ..........
1) Girl Child
2) Telling India is the destination for Manufacturing
3) BPL families to have no-frill accounts
4) Leadership scheme for Minority Women
5) People to participate in the online discussion of Twitter online account with government officials.

39. On 29 May 2015, NOFN proposed to increase the scope of the project that will entail three fold increase in cost to Rs.72,778 crore from about Rs.20,000 crore approved earlier. NOFN stands for...?
1) National Origin Fiber Network
2) National Original Fiber Network
3) Ninth Optical Fiber Network
4) National Optical FAB Network
5) National Optical Fiber Network

40.  What is the theme of the Sixth Edition of National Conference on Nuclear Energy?
1) Save Earth, Protect Nuclear Energy
2) Nuclear Energy for Sustainable approach
3) Nuclear Energy: a clean energy option
4) Nuclear Energy: Future Perfect
5) None of these

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