1. How many entities got permission from RBI to start non-lending payment banks including
the Department of Posts, Reliance Industries and Bharti Airtel as declared on 19 August 2015?
1) 18
2) 7
3) 11
4) 15
5) 50
2. The 11 entities were given how much time to comply with all the conditions laid out by the
RBI to start Payment Banks?
1) 24 months
2) 8 months
3) 12 months
4) 15 months
5) 18 months
3. Which of the following giants did not get permission to launch Payment Banks announced on 19 August 2015?
1) Vodafone
2) Cholamandalam Distribution Services
3) Videocon d2h
4) Aditya Birla Nuvo
5) Fino Paytech
4. Which of the following banking service cannot be offered by payment banks as per present rules?
1) accept deposits
2) internet banking
3) issue credit cards
4) issue debit cards
5) provide ATM services
5. The payment banks, while offering both savings and current accounts cannot accept deposits more than ........
1) Rs.2 Lakhs
2) Rs.12 Lakhs
3) Rs.4 Lakhs
4) Rs.5 Lakhs
5) Rs.1 Lakh
6. NSDL also got permission to open the payment
bank. NSDL stands for ...........
1) National Stock Depository Limited
2) National Securities Documentary Limited
3) National Share Depository Limited
4) National Securities Depository Limited
5) None
7. Largest depository in India NSDL established in .......
1) 2013
2) 1996
3) 1990
4) 1935
5) 1982
8. The NSDL provides various services to investors and other participants in the capital market like clearing members, stock exchanges, banks and issuers of securities. Which of the following service not provide by NSDL?
1) Dematerialization
2) Account maintenance
3) Settlement of trades through market transfers
4) None of above services provide by NSDL
5) All above services offered by NSDL
9. IDeAS is a facility available on the SPEED-e website of NSDL for viewing balances and transactions in demat accounts. IDeAS stand for .......
1) Idea based Demat Account Statement
2) Internet based Demat Adopted Statement
3) Internet biased Demat Account Statement
4) Internet based Demat Account Statement
5) None of above
10. Which bank had raised Rs.315 crore through the issue of Green Infrastructure Bonds to International Finance Corporation (IFC), Washington, on a private placement basis, for a tenure of 10 years?
1) ICICI Bank
2) SBI
3) YES Bank
4) Corporation Bank
5) Punjab National Bank
11. Smart Humsafar, a unique plan which offers multiple benefits of savings and insurance cover for husband and wife under a single policy launched by ........
1) ICICI Prudential
2) LIC
3) United Insurance Company
4) SBI Life
5) HDFC ERGO
12. RBI relaxed Branch Authorisation Policy to allow banks .......
1) to merge or close branches in rural areas
2) to merge Small private banks with big private banks
3) to merge or close branches in urban areas
4) to close any branch in rural area where the village population is less than 1000
5) All of above options correct
13. Which board will be setup as a super authority for public sector unit lenders to recommend board level appointments and advise on strategies for raising funds as well as mergers and acquisitions?
1) Banking Selection Committee (BSC)
2) RBI Appointments Board (RAB)
3) Banks Board Bureau (BBB)
4) Banks Core Committee (BCC)
5) None of above
14. Third Bi-monthly Monetary Policy Review (BMPR) recently announced by RBI on ......
1) 7 April 2015
2) 2 June 2015
3) 14 May 2015
4) 20 June 2015
5) 4 August 2015
15. In the RBI Monetary Policy Review, the Policy Repo Rate under the Liquidity Adjustment Facility (LAF) unchanged at .....
1) 4.0%
2) 6.25%
3) 21.5%
4) 7.25 %
5) 8.25%
16. Present Reverse Repo Rate stands at .......
1) 6.25%
2) 21.5%
3) 8.25%
4) 4.0%
5) None
17. CRR (Cash Reserve Ratio) unchanged at ........ of net demand and time liability (NDTL) in the recent RBI Monetary Policy Review.
1) 3.5%
2) 3.75%
3) 4.0%
4) 4.25%
5) 4.5%
18. The highlights of Third Bi-monthly Monetary Policy Review of RBI given. The correct statement is .........
1) Banks have passed on an average 0.3 % interest rate cut as against RBI's 0.75 % rate cut since January 2015
2) Weak global demand conditions restrained exports
3) Most worrisome is sustained hardening of inflation except food and fuel
4) New investment demand emanating from private sector and government remains subdued
5) All of above
19. Present SLR (Statutory liquidity ratio) .......
1) 21.5%
2) 20.5%
3) 14.5%
4) 7.5%
5) 12.5%
20. RBI provides liquidity under overnight repos at 0.25 percent of bank-wise NDTL at the LAF repo rate and liquidity under 14-day term repos as well as longer term repos of up to .......... of NDTL of the banking system through auctions.
1) 0.25%
2) 0.50%
3) 0.75%
4) 1.00%
5) 4.00%
21. RBI retains growth target at ........ for 2015- 16 in the third monetary policy review?
1) 7.4%
2) 6.6%
3) 7.6%
4) 10.6%
5) 8.6%
22. Which bank launched 'Dhanchayat', an educational film to raise awareness on the
dangers of borrowing money from unorganised sources.
1) SBI
2) RBI
3) HDFC
4) Lakshmi Vilas Bank Ltd
5) YES Bank
23. Which telecom company launched 4G mobile services in 296 towns across the country on 6 August 2015?
1) IDEA
2) VODAFONE
3) AIRTEL
4) AIRCEL
5) MTS
24. In 2012, AIRTEL launched its first 4G mobile services in which city?
1) Chennai
2) Hyderabad
3) Pune
4) Kolkata
5) Mumbai
25. Union Government and Delhi Government on 8 Aug 2015 agreed to set-up a Special
Purpose Vehicle (SPV) for the cleaning-up and rejuvenation of the .........
1) Yamuna river
2) Ganga river
3) Brahmaputhra river
4) Sutlej river
5) None of above
26. The investor who provides capital for small business start-ups and holds ownership equity in exchange is known as ..........
1) Fidelity investor
2) Shadow investor
3) Real Estate Investment Trusts
4) Common investor
5) Angel investor
27. Kamayani Express and Janta Express derailed in ........
1) Madhya Pradesh
2) Odisha
3) Maharashtra
4) Sikkim
5) Assam
28. Which river sudden floods caused the derail of two express trains in Madhya Pradesh as per statement given by Railway minister Suresh Prabhu?
1) Shipra
2) Bhima
3) Machak
4) Gandak
5) Yamuna
29. Which operation launched to trace missing and destitute children and reunite them with their parents?
1) Operation Bacchi
2) Operation Search
3) Operation Muskaan
4) Operation EYE
5) Operation CRY
30. Which portal launched that providing single window for students to access information and make applications for educational loans provided by banks and also government scholarships?
1) www.dhanalakshmi.eduloan.in
2) www.bhagyalakshmi.co.in
3) www.vidyalakshmi.co.in
4) www.vidyasaraswathi.co.in
5) None of above
31. SAMANVAY launched on 4 August 2015 is a ............
1) Programme launched to provide 24 X 7 electricity supply to rural areas
2) Bank launched to benefit Medium Enterprises
3) Scheme relating to the transforming the urban infrastructure burdened with evergrowing population
4) Compilation of all schemes of both Union and State governments for Gram Panchayats
5) Insurance scheme providing the Life insurance coverage at low premium
32. Fully revamped IT application for the purpose of adoption of children that became operational from 1st Aug' 15 is ........
1) CARINGS
2) ADOPT
3) LITTLE KRISHNA
4) Janma Taraka
5) None
33. Vikas Swarup assumed charge as spokesperson in the External Affairs Ministry on 18 April 2015. Which of his novels made into Oscar winning film, the Slumdog Millionaire?
1) Bombay Salam
2) Q&A
3) Kaun Banega Karorpathi
4) Lakshyam
5) IAS
34. Om Prakash Rawat appointed as ..........
1) Chief Election Commissioner
2) CBI Director
3) UGC chairman
4) RBI deputy Governor
5) Election Commissioner
35. World Breast Feeding Week is .........
1) 1-7 Oct
2) 1-7 July
3) 1-7 Aug
4) 1-7 Dec
5) 1-7 Jan
36. 70th Hiroshima Day was observed on .......
1) 9 Aug
2) 6 Aug
3) 1 Sep
4) 2 Sep
5) 24 Oct
37. First International Special Olympics summer Games held in 1968 in .........
1) USA
2) Ireland
3) China
4) Greece
5) South Africa
38. 2015 Special Olympics World Summer Games host by ........
1) Greece
2) USA
3) China
4) India
5) France
39. 13-year old autistic boy Yash Singh won the first medal for the country in the Special Olympics. He won the medal in which event?
1) Swimming
2) Discuss Throw
3) Cycling
4) Chess
5) Foot ball
40. Prabhroop Sekhon won two gold medals in Special Olympics World Summer Games in which event?
1) Roller Skating
2) Sailing
3) Cycling
4) Cross-Country Skiing
5) Judo
41. The Winter Special Olympics World Games 2017 will be held in ...........
1) Canada
2) Japan
3) USA
4) South Korea
5) Austria
42. Which day is celebrated as the National Doctors' Day as a tribute to the legendary Dr. Bidhan Chandra Roy, a physician, former West Bengal CM?
1) 1 Jan
2) 1 Feb
3) 1 July
4) 1 Aug
5) 1 Dec
43. Norway Chess 2015 tournament recently won by .........
1) Vishwanathan Anand
2) Ludvig Hammer
3) Magnus Carlsen
4) Veselin Topalov
5)None of above
44. Fergusson College got the special heritage status by the University Grants Commission (UGC). The college is situated in ..........
1) Pune
2) Mumbai
3) Kolkata
4) Chennai
5) Hyderabad
ANSWERS:
1-3, 2-5, 3-3, 4-3, 5-5, 6-4, 7-2, 8-5, 9-4, 10-3
11-4, 12-3, 13-3, 14-5, 15-4, 16-1, 17-3, 18-5, 19-1, 20-3
21-3, 22-3, 23-3, 24-4, 25-1, 26-5, 27-1, 28-3, 29-3, 30-3
31-4, 32-1, 33-2, 34-5, 35-3, 36-2, 37-1, 38-2, 39-1, 40-1
41-5, 42-3, 43-4, 44-1
the Department of Posts, Reliance Industries and Bharti Airtel as declared on 19 August 2015?
1) 18
2) 7
3) 11
4) 15
5) 50
2. The 11 entities were given how much time to comply with all the conditions laid out by the
RBI to start Payment Banks?
1) 24 months
2) 8 months
3) 12 months
4) 15 months
5) 18 months
3. Which of the following giants did not get permission to launch Payment Banks announced on 19 August 2015?
1) Vodafone
2) Cholamandalam Distribution Services
3) Videocon d2h
4) Aditya Birla Nuvo
5) Fino Paytech
4. Which of the following banking service cannot be offered by payment banks as per present rules?
1) accept deposits
2) internet banking
3) issue credit cards
4) issue debit cards
5) provide ATM services
5. The payment banks, while offering both savings and current accounts cannot accept deposits more than ........
1) Rs.2 Lakhs
2) Rs.12 Lakhs
3) Rs.4 Lakhs
4) Rs.5 Lakhs
5) Rs.1 Lakh
6. NSDL also got permission to open the payment
bank. NSDL stands for ...........
1) National Stock Depository Limited
2) National Securities Documentary Limited
3) National Share Depository Limited
4) National Securities Depository Limited
5) None
7. Largest depository in India NSDL established in .......
1) 2013
2) 1996
3) 1990
4) 1935
5) 1982
8. The NSDL provides various services to investors and other participants in the capital market like clearing members, stock exchanges, banks and issuers of securities. Which of the following service not provide by NSDL?
1) Dematerialization
2) Account maintenance
3) Settlement of trades through market transfers
4) None of above services provide by NSDL
5) All above services offered by NSDL
9. IDeAS is a facility available on the SPEED-e website of NSDL for viewing balances and transactions in demat accounts. IDeAS stand for .......
1) Idea based Demat Account Statement
2) Internet based Demat Adopted Statement
3) Internet biased Demat Account Statement
4) Internet based Demat Account Statement
5) None of above
10. Which bank had raised Rs.315 crore through the issue of Green Infrastructure Bonds to International Finance Corporation (IFC), Washington, on a private placement basis, for a tenure of 10 years?
1) ICICI Bank
2) SBI
3) YES Bank
4) Corporation Bank
5) Punjab National Bank
11. Smart Humsafar, a unique plan which offers multiple benefits of savings and insurance cover for husband and wife under a single policy launched by ........
1) ICICI Prudential
2) LIC
3) United Insurance Company
4) SBI Life
5) HDFC ERGO
12. RBI relaxed Branch Authorisation Policy to allow banks .......
1) to merge or close branches in rural areas
2) to merge Small private banks with big private banks
3) to merge or close branches in urban areas
4) to close any branch in rural area where the village population is less than 1000
5) All of above options correct
13. Which board will be setup as a super authority for public sector unit lenders to recommend board level appointments and advise on strategies for raising funds as well as mergers and acquisitions?
1) Banking Selection Committee (BSC)
2) RBI Appointments Board (RAB)
3) Banks Board Bureau (BBB)
4) Banks Core Committee (BCC)
5) None of above
14. Third Bi-monthly Monetary Policy Review (BMPR) recently announced by RBI on ......
1) 7 April 2015
2) 2 June 2015
3) 14 May 2015
4) 20 June 2015
5) 4 August 2015
15. In the RBI Monetary Policy Review, the Policy Repo Rate under the Liquidity Adjustment Facility (LAF) unchanged at .....
1) 4.0%
2) 6.25%
3) 21.5%
4) 7.25 %
5) 8.25%
16. Present Reverse Repo Rate stands at .......
1) 6.25%
2) 21.5%
3) 8.25%
4) 4.0%
5) None
17. CRR (Cash Reserve Ratio) unchanged at ........ of net demand and time liability (NDTL) in the recent RBI Monetary Policy Review.
1) 3.5%
2) 3.75%
3) 4.0%
4) 4.25%
5) 4.5%
18. The highlights of Third Bi-monthly Monetary Policy Review of RBI given. The correct statement is .........
1) Banks have passed on an average 0.3 % interest rate cut as against RBI's 0.75 % rate cut since January 2015
2) Weak global demand conditions restrained exports
3) Most worrisome is sustained hardening of inflation except food and fuel
4) New investment demand emanating from private sector and government remains subdued
5) All of above
19. Present SLR (Statutory liquidity ratio) .......
1) 21.5%
2) 20.5%
3) 14.5%
4) 7.5%
5) 12.5%
20. RBI provides liquidity under overnight repos at 0.25 percent of bank-wise NDTL at the LAF repo rate and liquidity under 14-day term repos as well as longer term repos of up to .......... of NDTL of the banking system through auctions.
1) 0.25%
2) 0.50%
3) 0.75%
4) 1.00%
5) 4.00%
21. RBI retains growth target at ........ for 2015- 16 in the third monetary policy review?
1) 7.4%
2) 6.6%
3) 7.6%
4) 10.6%
5) 8.6%
22. Which bank launched 'Dhanchayat', an educational film to raise awareness on the
dangers of borrowing money from unorganised sources.
1) SBI
2) RBI
3) HDFC
4) Lakshmi Vilas Bank Ltd
5) YES Bank
23. Which telecom company launched 4G mobile services in 296 towns across the country on 6 August 2015?
1) IDEA
2) VODAFONE
3) AIRTEL
4) AIRCEL
5) MTS
24. In 2012, AIRTEL launched its first 4G mobile services in which city?
1) Chennai
2) Hyderabad
3) Pune
4) Kolkata
5) Mumbai
25. Union Government and Delhi Government on 8 Aug 2015 agreed to set-up a Special
Purpose Vehicle (SPV) for the cleaning-up and rejuvenation of the .........
1) Yamuna river
2) Ganga river
3) Brahmaputhra river
4) Sutlej river
5) None of above
26. The investor who provides capital for small business start-ups and holds ownership equity in exchange is known as ..........
1) Fidelity investor
2) Shadow investor
3) Real Estate Investment Trusts
4) Common investor
5) Angel investor
27. Kamayani Express and Janta Express derailed in ........
1) Madhya Pradesh
2) Odisha
3) Maharashtra
4) Sikkim
5) Assam
28. Which river sudden floods caused the derail of two express trains in Madhya Pradesh as per statement given by Railway minister Suresh Prabhu?
1) Shipra
2) Bhima
3) Machak
4) Gandak
5) Yamuna
29. Which operation launched to trace missing and destitute children and reunite them with their parents?
1) Operation Bacchi
2) Operation Search
3) Operation Muskaan
4) Operation EYE
5) Operation CRY
30. Which portal launched that providing single window for students to access information and make applications for educational loans provided by banks and also government scholarships?
1) www.dhanalakshmi.eduloan.in
2) www.bhagyalakshmi.co.in
3) www.vidyalakshmi.co.in
4) www.vidyasaraswathi.co.in
5) None of above
31. SAMANVAY launched on 4 August 2015 is a ............
1) Programme launched to provide 24 X 7 electricity supply to rural areas
2) Bank launched to benefit Medium Enterprises
3) Scheme relating to the transforming the urban infrastructure burdened with evergrowing population
4) Compilation of all schemes of both Union and State governments for Gram Panchayats
5) Insurance scheme providing the Life insurance coverage at low premium
32. Fully revamped IT application for the purpose of adoption of children that became operational from 1st Aug' 15 is ........
1) CARINGS
2) ADOPT
3) LITTLE KRISHNA
4) Janma Taraka
5) None
33. Vikas Swarup assumed charge as spokesperson in the External Affairs Ministry on 18 April 2015. Which of his novels made into Oscar winning film, the Slumdog Millionaire?
1) Bombay Salam
2) Q&A
3) Kaun Banega Karorpathi
4) Lakshyam
5) IAS
34. Om Prakash Rawat appointed as ..........
1) Chief Election Commissioner
2) CBI Director
3) UGC chairman
4) RBI deputy Governor
5) Election Commissioner
35. World Breast Feeding Week is .........
1) 1-7 Oct
2) 1-7 July
3) 1-7 Aug
4) 1-7 Dec
5) 1-7 Jan
36. 70th Hiroshima Day was observed on .......
1) 9 Aug
2) 6 Aug
3) 1 Sep
4) 2 Sep
5) 24 Oct
37. First International Special Olympics summer Games held in 1968 in .........
1) USA
2) Ireland
3) China
4) Greece
5) South Africa
38. 2015 Special Olympics World Summer Games host by ........
1) Greece
2) USA
3) China
4) India
5) France
39. 13-year old autistic boy Yash Singh won the first medal for the country in the Special Olympics. He won the medal in which event?
1) Swimming
2) Discuss Throw
3) Cycling
4) Chess
5) Foot ball
40. Prabhroop Sekhon won two gold medals in Special Olympics World Summer Games in which event?
1) Roller Skating
2) Sailing
3) Cycling
4) Cross-Country Skiing
5) Judo
41. The Winter Special Olympics World Games 2017 will be held in ...........
1) Canada
2) Japan
3) USA
4) South Korea
5) Austria
42. Which day is celebrated as the National Doctors' Day as a tribute to the legendary Dr. Bidhan Chandra Roy, a physician, former West Bengal CM?
1) 1 Jan
2) 1 Feb
3) 1 July
4) 1 Aug
5) 1 Dec
43. Norway Chess 2015 tournament recently won by .........
1) Vishwanathan Anand
2) Ludvig Hammer
3) Magnus Carlsen
4) Veselin Topalov
5)None of above
44. Fergusson College got the special heritage status by the University Grants Commission (UGC). The college is situated in ..........
1) Pune
2) Mumbai
3) Kolkata
4) Chennai
5) Hyderabad
ANSWERS:
1-3, 2-5, 3-3, 4-3, 5-5, 6-4, 7-2, 8-5, 9-4, 10-3
11-4, 12-3, 13-3, 14-5, 15-4, 16-1, 17-3, 18-5, 19-1, 20-3
21-3, 22-3, 23-3, 24-4, 25-1, 26-5, 27-1, 28-3, 29-3, 30-3
31-4, 32-1, 33-2, 34-5, 35-3, 36-2, 37-1, 38-2, 39-1, 40-1
41-5, 42-3, 43-4, 44-1
