Tuesday, August 4, 2015

GENERAL AWARENESS PRACTICE MCQs FOR SBI PO MAIN EXAM

1. World's oldest international financial organization is the Bank for International Settlements (BIS). It was established on 17 May ........
1) 1919
2) 1966
3) 1930
4) 1945
5) 2014

2. By 31 March 2015, the BIS has membership of how many central banks, representing countries from around the world that together make up about 95% of world GDP?
1) 100 member
2) 60 member
3) 28 member
4) 160 member
5) None of above

3. Bank for International Settlements (BIS) head office located at Basel in .........
1) Sweden
2) Switzerland
3) France
4) Italy
5) USA

4. BIS has representative office for Asia and the Pacific in .........
1) India
2) Hong kong
3) China
4) Japan
5) Switzerland

5. BIS has representative office for American nations in .........
1) USA
2) Mexico
3) Canada
4) Chile
5) Peru

6. Which of the following options reflects the Mission of BIS (Bank for International Settlements)?
1) It fosters discussion and facilitating collaboration among central banks.
2) It carries out research and policy analysis on issues of relevance for monetary and financial stability.
3) It serves as an agent or trustee in connection with international financial operations.
4) It is acting as a prime counterparty for central banks in their financial transactions.
5) All of the above options reflect the Mission of BIS.

7. Which of the following banking activity not discharged by BIS?
1) It accepts deposits from individuals.
2) It provide loans to individuals.
3) It provide financial services to private individuals and corporate entities.
4) It provide locker facilities to all citizens of the member nations.
5) All of the above banking activities not discharged by BIS.

8. BIS board of Directors meet continuously for the smooth working of BIS. BIS chairman is ............
1) Christine Legarde
2) Christian Noyer
3) Stephen S Poloz
4) Ignazio Visco
5) None

9. Which Indian is one of the Board of Directors in BIS (Bank for International Settlements)?
1) Narendra Modi
2) Arun Jaitley
3) Raghuram Rajan
4) Arvind Subramanyam
5) Rajiv Meharshi

10. 85th Annual General Meeting of BIS held on 28th June 2015 at .........
1) Berlin
2) Tokyo
3) Basel
4) New Delhi
5) Mexico

11. BCBS provides a forum for regular cooperation on banking supervisory matters. Its objective is to enhance understanding of key supervisory issues and improve the quality of banking supervision worldwide. BCBS stands for ..........
1) Basel Committee on Bar code Supervision
2) Basel Committee on Banking Supervision
3) Basel Commission on Banking Supervision
4) Basel Committee on Banking Statistics
5) None of above

12. Who heads Basel Committee on Banking Supervision?
1) Mervyn King of England
2) Fabio Panetta of Italy
3) Stefan Ingves of Swedan
4) Alexandre Tombini of Brazil
5) None of above

13. The BASEL II committee recommendations given below. Pick up correct one.
1) BASEL II committee combined all the types of banking risks into three categories.
2) They are Credit risk, market risk and operations risk
3) The committee identified three pillars of risk management
4) The pillars are Minimum capital requirement (also called Capital Adequacy Ratio), Supervisory review process and Market discipline.
5) All of above

14. Capital Adequacy Ratio (CAR) means .......
1) a ratio of bank's Profits to its risk
2) a ratio of central bank's deposits to its risk
3) a ratio of a bank's capital to its risk
4) a ratio of bank's capital to its total deposits
5) None

15. CAR also known as CRAR. CRAR stands for ........
1) Capital to Round Weighted Assets Ratio
2) Core to Risk Weighted Assets Ratio
3) Capital to Risk Weighted Assets Ratio
4) Capital to Risk Weighted Average Ratio
5) None of above

16. World Day against Child Labour observed on .........
1) 1 May
2) 25 Nov
3) 12 June
4) 14 Nov
5) 24 Jan

17. Tier I capital and Tier II capital details are given. Pick up correct one.
1) Tier I capital includes equity capital and disclosed reserves also.
2) Usually the stock under Tier I capital is not irredeemable and Non - Cumulative.
3) Tier II capital is a Secondary bank capital that includes items such as undisclosed reserves, general loss reserves.
4) Tier II capital includes subordinated term debt also.
5) All of above

18. Basel III norms fully implemented by 1 January 2019 by the member nations banks, but RBI said it is giving little bit relaxation to Indian banks, which must fully implement the BASEL III norms by?
1) 31 March 2020
2) 31 March 2019
3) 31 March 2025
4) 30 September 2014
5) None

19. As per Basel III, banks would be required to maintain Capital Adequacy Ratio of .............. including Capital Conservation Buffer (CCB)?
1) 11.5%
2) 10.5%
3) 9.5%
4) 8.5%
5) 12.5%

20. As per Basel III norms, total Tier I Capital Ratio would be ..........
1) 9.5 percent
2) 4.0 percent
3) 10.5 percent
4) 11.75 percent
5) 14.5 percent

21. Atal Mission for Rejuvenation and Urban Transformation (AMRUT) launched to develop infrastructure in how many cities and towns?
1) 500
2) 1000
3) 150
4) 200
5) 300

22. AMRUT to be introduced in the cities and towns, where the population is?
1) One lakh and above
2) One thousand and above
3) One million and above
4) One hundred and above
5) Two million and above

23. AMRUT scheme will have an outlay of ........
1) Rs.50,000 crores
2) Rs.25,000 crores
3) Rs.75,000 crores
4) Rs.10,000 crores
5) Rs.1,000 crores

24. Hungarian Grand Prix of Formula One (F1) Title 2015 won by ..........
1) Lewis Carl Hamilton (Britain) (Mercedes)
2) Fernando Alonso (Spain) (McLaren-Honda)
3) Sebastian Vettel (Germany) (Scuderia Ferrari)
4) Daniel Ricciardo (Australia) (Red Bull)
5) Valtteri Bottas (Finland) (Williams)

25. In the International Women's Wrestling Tournament, India finishes second place concluded on 26 July 2015. The event concluded at .........
1) Baku
2) Tallinn
3) Riga
4) Astana
5) Vilnius

26. Who is the winner of Tour De France 2015?
1) Vincenzo Nibali (Italy)
2) Alejandro Belmonte (Spain)
3) Chris Froome (Kenyan born British)
4) Philippe Gilbert (Belgium)
5) Fabian Cancellara (Switzerland)

27. Trophy and sport/game event given. Pick the correct combination.
1) Cricket - ICC world cup, Ashes cup, Ranji Trophy, Deodhar Trophy , Duleep Trophy, Irani Trophy.
2) Football - FIFA cup, Durand Cup, Rovers Cup, Santosh Trophy, Subroto Cup.
3) Hockey - Agha Khan Cup, Beighton Cup, Dhyan Chand Trophy , Murugappa Gold Cup.
4) Tennis - Davis Cup, Wimbledon Cup, Hopman Cup, Fed Cup, ATP Tournament Cup.
5) All of above

28. The ICC World Twenty 20 cup 2016 hosts by .........
1) England
2) West Indies
3) Sri Lanka
4) Bangladesh
5) India

29. On 25 July 2015, to ensure round the clock electricity supply to farmers and rural households, 'Deen Dayal Upadhyaya Gram Jyoti Yojana' launched at .........
1) New Delhi
2) Suratgarh
3) Kolkata
4) Varanasi
5) Patna

30. The list of Important days given. Locate the correct option?
1) National Broadcasting Day - 23 July
2) Kargil Vijay Diwas - 26 July
3) National Doctor's Day - 1 July
4) World Blood Donors Day - 14 June
5) All of above

31. 'Father of Indian Missile Science' is .........
1) A.P.J. Abdul Kalam
2) P.K. Iyengar
3) Subrahmanyan Chandrasekhar
4) Sir Jagadish Chandra Bose
5) C.V. Raman

32. ISRO achieved a huge milestone as it successfully tested latest and most powerful cryogenic engine for 800 seconds on 20 July 2015. This full duration test was performed successfully at .........
1) Sriharikota, Andhra Pradesh
2) Thumba, Kerala
3) Panaji, Goa
4) Mahendragiri, Tamilnadu
5) Chandipur, Odisha

33. New TRAI (Telecom Regulatory Authority of India) Chairman .........
1) K.V. Chowdary
2) Vijai Sharma
3) Prashant Pathrabe
4) R.S. Sharma
5) Prof Sanghmitra Bandyopadhayay

34. Commercial arm of ISRO is .........
1) ANTRAX
2) ANTRO
3) ANTRIX
4) PANTRIX
5) ANDROID

35. Union Minister of State for Atomic Energy and Space is ........
1) Dr. Jitendra Singh
2) V.K. Singh
3) Maneka Gandhi
4) Sujana Chaudary
5) Piyush Goyal


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