CURRENT AFFAIRS PRACTICE QUESTIONS FOR ALL COMPETITIVE EXAMS

1. Which among the following Yoga Institutes has been selected as the first recipient of the Prime Minister's Award for outstanding contribution to promotion and development of Yoga in June 2017?
a) Ramamani Iyengar Memorial Yoga Institute
b) Krishnamacharya Yoga Mandiram
c) Sivananda Yoga Vedanta Centers and Ashrams, Kerala and Tamil Nadu
d) Yoga Institute, Mumbai

2. Who is the current Central Vigilance Commissioner (CVC) of India?
a) T.M. Bhasin
b) K.V. Chowdary
c) Rajiv
d) K. Santhanam

3. Who has been has renominated as its serving candidate at the International Court of Justice (ICJ) by India in June 2017?
a) Justice Jasti Chelameswar
b) Justice Ranjan Gogoi
c) Justice Dalveer Bhandari
d) Justice Pinaki Chandra Ghose

4. The Asian Development Bank (ADB) and the Government of India signed a $ 275 million loan on 19th June, 2017 for improving urban services in 64 small towns in the State of which of the following?
a) Andhra Pradesh
b) Haryana
c) Uttar Pradesh
d) Madhya Pradesh

5. Which among the following countries plans to host a summit for start-ups from SAARC nations in 2018?
a) India
b) Nepal
c) Sri Lanka
d) Bangladesh

6. According to Fitch Ratings, India's GDP growth will steadily rise from 7.4% to ........ in 2018-19.
a) 8.2%
b) 7.5%
c) 7.8%
d) 8.0%

7. Which among the following countries became the 71st country to ratify the United Nations TIR (Transports Internationaux Routiers) Convention, a move that will help boost trade through smoother movement of goods across territories?
a) Japan
b) Russia
c) Germany
d) India

8. Indian Navy's first indigenously built Floating Dock (FDN-2), developed by Larsen & Toubro Ltd. (L&T), and was launched at:
a) L&T's Shipyard in Kattupalli
b) Hindustan Shipyard Limited, Visakhapatnam
c) Mazagon Dock Limited, Mumbai
d) Goa Shipyard Limited in Goa

9. The BIO International Convention 2017 was held in:
a) Dhaka
b) San Diego
c) Tokyo
d) Jakarta

10. Who is the current CEO of International Cricket Council's (ICC)?
a) Zaheer Abbas
b) Shashank Manohar
c) David Richardson
d) Narayanaswami Srinivasan

11. Who earned the dubious distinction of being the first sitting high court judge to be awarded a jail term by the Supreme Court?
a) Mr. Jasti Chelameswar
b) Mr. Ranjan Gogoi
c) Mr. CS Karnan
d) Mr. Pinaki Chandra Ghose

12. International Yoga Day is celebrated every year on:
a) June 21
b) May 21
c) June 19
d) July 21

13. The 5th International Forum for Technological Development TECHNOPROM- 2017 was held in:
a) Russia
b) USA
c) France
d) Japan

14. The oldest yoga trainer or teacher in the world is .....
a) Elena Brower
b) Seane Corn
c) Tao Porchon-Lynch
d) Amma Nanammal

15. Who among the following is appointed as the U.S. Ambassador to India?
a) Tim Wirth
b) Kenneth Juster
c) Frank E. Loy
d) Paula Dobriansky

16. Who among the following was appointed as Crown Prince of the Saudi Arabia?
a) Mohammed Rehman
b) Mohammed Sultan
c) Mohammed Bin Salman
d) Mohammed Ali Khan

17. Which among the following Municipal Corporations has become the first local body in the country to issue municipal bonds?
a) Hyderabad Municipal Corporation
b) Mumbai Municipal Corporation
c) New Delhi Municipal Corporation
d) Pune Municipal Corporation

18. Name the Uber Technologies Inc Chief Executive Officer, who has resigned under mounting pressure from investors over his leadership in June 2017.
a) Bob Igor
b) Elon Musk
c) James Dimon
d) Travis Kalanick

19. SEBI has decided to levy a 'Regulatory Fee' of ........... on each subscriber of offshore derivative instrument (ODI), which will have to be collected by the registered foreign portfolio investor (FPI) that issues the ODIs.
a) $2,000
b) $1500
c) $2500
d) $1,000

20. Under the Swachh Bharat Mission Gramin (SBM-G), rural ........... and rural ......... have declared themselves as the 4th and 5th Open Defecation Free (ODF) States of India.
a) Andhra Pradesh, Odisha
b) Bihar, Sikkim
c) Uttarakhand, Haryana
d) Karnataka, Punjab

21. Who has been selected unanimously as the Opposition candidate for the presidential election to be held in July 2017?
a) Mayawati
b) Meira Kumar
c) Sushilkumar Shinde
d) Sharad Power

22. Who has been taken oath as the Bihar Governor in June 2017?
a) Vijay Kumar Choudhary
b) Keshri Nath Tripathi
c) Rajendra Menon
d) Shankar Sharma

23. Who is the current Prime Minister of Sweden?
a) Fredrik Reinfeldt
b) Stefan Lofven
c) Goran Persson
d) Ingvar Carlsson

24. Which among the following countries has cleared the sale of 22 unmanned Guardian drones to India in June 2017?
a) France
b) Russia
c) USA
d) Germany

25. India signed Loan Agreement for co-financing of part funding through World Bank for USD 240 million and USD 160 Million from AIIB for 24X7 Power for All in:
a) Andhra Pradesh Project
b) Madhya Pradesh Project
c) Uttar Pradesh Project
d) Himachal Pradesh Project

26. The Reserve Bank of India (RBI) has expanded its Oversight Committee - formed to advice banks on which of the following issues?
a) Stressed asset resolution
b) Interest rates
c) Unaccounted money deposited in the bank accounts
d) All of the above

27. RBI has asked banks to resolve .......... high value cases of bad loans within six months or face the prospect of being directed to go in for the new insolvency resolution mechanism as part of the strategy to rein in unacceptable level of non-performing assets (NPAs).
a) 25
b) 55
c) 35
d) 45

28. The Central government has placed an order for 37 lakh doses of a rotavirus vaccine that promises to beat heat issues and requires no refrigeration. Rotavirus, is the leading cause of which of the following diseases?
a) Small Pox
b) Diarrhoea
c) Dengue
d) Polio

29. The Ministry of External affairs celebrated the completion of 50 years of the Passport Act 1967 as the 5th Passport Seva Divas on -
a) 24th May
b) 24th June
c) 24th March
d) 24th April

30. 'City Liveability Index' for measuring the quality of life in 116 major cities was launched by .....
a) NITI Aayog
b) Ministry of Urban Development
c) Central Pollution Control Board of India
d) Both a and c

31. Central government announced another list of 30 cities for development as smart cities taking the total cities picked up so far to 90 under Smart City Mission launched on:
a) July 25, 2016
b) June 25, 2014
c) June 25, 2015
d) April 25, 2015

32. Child victims of cyber crimes can now lodge their complaints at National Commission for Protection of Child Rights (NCPCR)'s POCSO e-box. Which of the following is/ are the cyber crime/ cyber crimes included in complaints?
a) Cyber bullying
b) Cyber stalking
c) Child pornography
d) All of the above

33. How many Arab States or Countries boycotting Qatar over alleged support for terrorism?
a) 6
b) 4
c) 8
d) 7

34. Tata Power, has offered to sell a majority 51% stake in its debt-laden 4,000 megawatt (MW) Mundra Ultra Mega Power Project (UMPP) for just Rs.1. This Mundra Ultra Mega Power Project (UMPP) is located in:
a) Rajasthan
b) Haryana
c) Punjab
d) Gujarat

35. Who among the following is/ are the recipients of this year Carnegie Medal of Philanthropy?
a) Mei Hing Chak
b) Julian Robertson
c) Azim Premji
d) All of the above

36. According to a U.N. 'The World Population Prospects: The 2017 Revision' report, India to have bigger population than China by...
a) 2050
b) 2030
c) 2024
d) 2075

37. SRO's Polar Satellite Launch Vehicle PSLVC38 successfully launched the 712 kg ........ Series Satellite along with 30 co-passenger satellites from Satish Dhawan Space Centre SHAR, Sriharikota.
a) Cartosat-1
b) Cartosat-2
c) Cartosat-3
d) Cartosat-4

38. Which among the following country/ countries cricket team has/ have been granted Test status by the International Cricket Council in June 2017?
a) Afghanistan
b) Ireland
c) UAE
d) Both a and b

39. New 'Incredible India 2.0 campaign' will be launched by which of the following ministries of Government of India?
a) Ministry of External Affairs
b) Ministry of Health and Family Welfare
c) Ministry of Tourism
d) Ministry of Science and Technology

40. Name the minister in the Madhya Pradesh, who was disqualified by the Election Commission from membership of any State legislature and contesting polls for the next three years for filing wrong accounts of election  expenditure.
a) Gopal Bhargava
b) Dr. Gaurishankar Shejwar
c) Narottam Mishra
d) Jayant Mallayya

41. The Government has granted in-principle approval for a greenfield airport at:
a) Jewar in Uttar Pradesh
b) Jhansi in Uttar Pradesh
c) Mangalore in Karnataka
d) Tirupati in Andhra Pradesh

42. India and Portugal have signed 11 bilateral agreements recently, who is the current Prime Minister of Portugal?
a) Jorge Sampaio
b) Antonio Costa
c) Pedro Passos Coelho
d) Jose Socrates

43. The annual plenary meeting of the Nuclear Suppliers Group 2017 was held in:
a) Berne
b) Beijing
c) Rome
d) Moscow

44. Who has become first turbaned Sikh woman Supreme Court judge of Canada in June 2017?
a) Gulab Kaur
b) Parbinderkaur Shergill
c) Bibi Bhag Bhari
d) Sahib Kaur

45. Which space agency is launching a new Colorado High-resolution Echelle Stellar Spectrograph (Chess) sounding rocket on 27 June to study the vast interstellar clouds to understand more about the earliest stages of star formation?
a) Japan Aerospace Exploration Agency
b) Russian Federal Space Agency
c) National Aeronautics and Space Administration
d) Indian Space Research Organisation


ANSWERS: 
1-a, 2-b, 3-c, 4-d, 5-a, 6-b, 7-d, 8-a, 9-b, 10-c
11-c, 12-a, 13-a, 14-c, 15-b, 16-c, 17-d, 18-d, 19-d, 20-c
21-b, 22-b, 23-b, 24-c, 25-a, 26-a, 27-b, 28-b, 29-b, 30-b
31-c, 32-d, 33-b, 34-d, 35-d, 36-c, 37-b, 38-d, 39-c, 40-c
41-a, 42-b, 43-a, 44-b, 45-c

GENERAL AWARENESS PRACTICE QUESTIONS FOR ALL BANK EXAMS

1. Recently State-owned oil firms IOC, BPCL and HPCL signed an agreement to jointly set up the world's largest refinery and petrochemical complex in:
a) Maharashtra
b) Gujarat
c) Rajasthan
d) Karnataka

2. Recently in an attempt to reduce the number of deaths of endangered wildlife in Thar Desert, new "rescue wards" have come up in the far-flung rural areas of Jodhpur. Thar Desert does not lie in:
a) Gujarat
b) Haryana
c) Madhya Pradesh
d) Punjab

3. Recently Reserve Bank of India has put which bank under prompt corrective action (PCA) due to a sharp increase in bad loans?
a) Union Bank of India
b) Central Bank of India
c) United Bank of India
d) IDBI Bank

4. Recently India has decided for the first time to place a dedicated cell to promote investments of which country in India?
a) Canada
b) USA
c) Australia
d) Russia

5. The National Physical Laboratory (NPL), part of the Council of Scientific & Industrial Research and the only agency in India that is authorised to maintain Indian Standard Time (IST). It is located in:
a) Mumbai
b) Allahabad
c) New Delhi
d) Kolkata

6. Recently a team of experts at the Indian Institute of Technology - Kharagpur has fashioned a hybrid material based on silk protein called:
a) Silk Lyptonn
b) Silk Fibroin
c) Silk Ranyon
d) Silk Tinyton

7. Recently the Ministry of Health and Family Welfare has launched 'IDCF' in order to intensify efforts to reduce child deaths due to:
a) Diphtheria
b) Tuberculosis
c) Diarrhoea
d) Tetanus

8. Who has been appointed as India's ambassador to the European Union (EU) in June 2017?
a) Gaitri Issar Kumar
b) Ajit Vinayak Gupte
c) Reenat Sandhu
d) Ranjan Deepak

9. The government is set to roll out the 'Mission Parivar Vikas' programme to improve family planning services in how many districts of India?
a) 56
b) 78
c) 104
d) 146

10. Name the 1st Indian woman who has been elected as member of International Tribunal for the Law of the Sea (ITLOS)?
a) Sumedha Puri
b) Anandita Razdan
c) Koel Agrahari
d) Neeru Chadha

11. Recently Anglo American's diamond unit De Beers launched the world's largest diamond exploration vessel off the coast of:
a) South Africa
b) Chile
c) Namibia
d) Egypt

12. Recently the Asian Infrastructure Investment Bank (AIIB) approved it's firstever equity investment, worth .......... to catalyze private capital for infrastructure projects in India.
a) $ 70 million
b) $110 million
c) $150 million
d) $230 million

13. Who was the first Indian woman driver competed in one of the highest classes of Formula racing in the country at the upcoming JK Tyre-FMSCI National racing championship?
a) Radha Menon
b) Aprajita Sehgal
c) Mira Erda
d) Ritu Das

14. According to the study by UK-based Money Super Market what is the present rank of India in survey of nations with the lowest global environmental impact?
a) 34th
b) 46th
c) 57th
d) 75th

15. Who is not among the three countries that will participate in Malabar 2017, a joint midsummer exercise aimed at addressing shared threats to maritime security in the Indo-Asia Pacific region?
a) Japan
b) USA
c) Indonesia
d) India

16. David Grossman has won the Man Booker International Prize for his novel "A Horse walks into a bar". David Grossman belongs to:
a) Uganda
b) Canada
c) Australia
d) Israel

17. Recently the government, through a notification amending a prevention of money laundering law, has made it mandatory to provide Aadhaar to open a bank account and to conduct a transaction of ......... or more.
a) Rs.20,000
b) Rs.50,000
c) Rs.1,00,000
d) Rs.2,50,000

18. According to Environment Minister Dr. Harsh Vardhan, India is committed to achieve Land Degradation Neutrality by the year:
a) 2020
b) 2025
c) 2030
d) 2050

19. Recently which of the following country ratified automatic exchange of financial account information with India and 40 other jurisdictions to facilitate immediate sharing of details on suspected black money?
a) Belarus
b) Switzerland
c) Russia
d) USA

20. In order to boost G&J sector in the region Gem & Jewellery Training Institute, a first of its kind in Southern India is to be set up in:
a) Kochi
b) Palakkad
c) Udupi
d) Mangalore

21. In an attempt to keep India's regional navigation satellite system fully operational, ISRO is preparing to launch a back-up for IRNSS-1A, one of the seven satellites in the constellation. What is the name of its regional navigation satellite system?
a) GAGAN
b) NavIC
c) Galileo
d) None of the above

22. Recently which of the following countries's scientists have found that using blue-green algae and light to trigger photosynthesis could help treat cardiac disease, the top cause of death globally?
a) Japan
b) Germany
c) USA
d) China

23. Recently P.N.Bhagwati passed away. He was the:
a) Former Chief Election Commissioner of India
b) Former Chief Justice of India
c) Former Indian cricket test team captain
d) First Chief Information Commissioner of India

24. Gorkha Janmukti Morcha has been in the news, because it has been campaigns for the creation of a separate state Gorkhaland within India, out of districts in the north of which of the following states of India?
a) Tamil Nadu
b) West Bengal
c) Uttar Pradesh
d) Madhya Pradesh

25. Dr. Mahesh Sharma, Minister of State (Independent charge) for Culture & Tourism launched the implementation of the ''National Mission on Cultural Mapping of India' at:
a) Mathura, Uttar Pradesh
b) Chitradurga, Karnataka
c) Tiruchirapalli, Tamil Nadu
d) Kurnool, Andhra Pradesh

26. How many new Post Office Passport Seva Kendras (POPSKs) has been launched by Government of India in June 2017?
a) 50
b) 149
c) 100
d) 500

27. Which is the country's first public transport system to reserve jobs for members of the third gender people in June 2017?
a) Kolkata Metro
b) Hyderabad Metro
c) Kochi Metro
d) Delhi Metro

28. Sardar Sarovar Dam is being built on which of the following rivers?
a) Tapi
b) Krishna
c) Narmada
d) Godavari

29. Which of the following states of India is poised to fortify its position as the "Tiger State of India" with major reserves indicating an increase in the tiger population as per the annual census completed recently?
a) Karnataka
b) Assam
c) Gujarat
d) Rajasthan

30. The Indian Space Research Organisation (ISRO) has progressed to the testing of subsystems in the development of a semi-cryogenic engine for rockets with heavier payload capacity. The semi-cryogenic engine uses a combination of which of the following as propellants?
a) Liquid oxygen (LOX)
b) Refined kerosene (Isrosene)
c) Solid lithium (SLM)
d) Both (a) and (b)

31. Who among the following won the doubles title in the $60,000 ITF women's tennis tournament in June 2017?
a) Prarthana Thombare and Kotomi Takahata
b) Prarthana Thombare and Natcharee Teerachodjiranon
c) Prarthana Thombare and Yu-Yun Li
d) Prarthana Thombare and Natasha Sengphrachanh

32. Right to Information Act reveals that the Election Commission of India had ordered registration of FIR against the Chief Minister and others for alleged electoral malpractices during the Dr. Radhakrishnan Nagar by-election of which of the following states?
a) Tamil Nadu
b) West Bengal
c) Goa
d) Karnataka

33. A Street in Thuruthi ward of Kasaragod municipality that was recently named 'Gaza', a reference to the disputed strip of land between which of the following countries?
a) Israel and Egypt
b) Israel and Syria
c) Israel and Libya
d) Israel and Jordon

34. Which among the following Palaces has becomes first Indian building to get trademark in June 2017?
a) Mysore Palace
b) Taj Mahal Palace
c) Nizam Palace
d) Raja Maharanjith Singh Palace

35. The 106th Session of International Labour Conference (ILC) was held from 5-16th June 2017 in:
a) USA
b) South Africa
c) Switzerland
d) Norway

36. How many member countries are there in the Asian Infrastructure Investment Bank?
a) 80
b) 10
c) 50
d) 40

37. Reserve Bank of India said its internal advisory committee (IAC) had identified 12 accounts, which account for ........... % of non-performing assets of the Indian banking system for immediate resolution under the Insolvency and Bankruptcy Code (IBC).
a) 30
b) 25
c) 20
d) 15

38. The 'Make in India' initiative unveiled by Prime Minister Narendra Modi in 2014, provided the supply side intervention(s) of which of the following?
a) FDI reforms
b) Ease of doing business
c) Scaling up physical infrastructure and competitive federalism
d) All of the above

39. Which among the following country's cricket team has won its maiden ICC Champion Trophy in June 2017?
a) India
b) England
c) Pakistan
d) South Africa

40. Who among the following won the Indonesia Open men's singles trophy in June 2017?
a) Sai Praneeth
b) Son Wan Ho
c) Kidambi Srikanth
d) Kazumasa Sakai


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

IBPS Recruitment of 3562 Probationary Officer/ Management Trainee Posts

Institute of Banking Personnel Selection (IBPS) invites applications for the Recruitment of Probationary Officer/Management Trainee posts through Common Recruitment Process (CWE PO/MT-VII).

* Probationary Officer/ Management Trainee (CWE PO/MT-VII): 3,562 Posts

Qualification: A Degree (Graduation) in any discipline.

Age (As on 01.08.2017): Between 20 - 30 years. A candidate must have been born not earlier than 02.08.1987 and not later than 01.08.1997 (both dates inclusive).

How to Apply: Through Online.

Selection Process: Through Preliminary, Main Examination and Interview.

Imp. Dates:
* On-line registration including Edit/Modification of Application by candidates: 16.08.2017 to 05.09.2017.

* Payment of Application Fees/Intimation Charges (Online): 16.08.2017 to 05.09.2017.

* Download of call letters for Pre- Exam Training: September 2017.

* Conduct of Pre-Exam Training: 23.09.2017 to 29.09.2017.

* Download of call letters for Online examination – Preliminary: September 2017.

* Online Examination – Preliminary: 07.10.2017, 08.10.2017, 14.10.2017 and 15.10.2017.

* Result of Online exam – Preliminary: October 2017.

* Download of Call letter for Online exam – Main: November 2017.

* Online Examination – Main: 26.11.2017.

* Declaration of Result – Main: December 2017.

* Download of call letters for interview: January 2018.

* Conduct of interview: January / February 2018.

* Provisional Allotment: April 2018.


For Detailed Notification Click Here

For Online Application Click Here

Oriental Insurance Company Limited Recruitment of 300 Administrative Officer Posts

The Oriental Insurance Company Limited invites applications to recruit the post of Administrative Officer in various disciplines. 

Post: Administrative Officer 

Total number of Posts: 300

Stream wise Vacancies
Accounts: 20
Legal: 30
Actuaries: 02
Automobile Engineers: 15
Generalists: 223 
Medical Officers: 10

Online Application Process: 18.08.2017 to 15.09.2017 

Date of Written Test: 22.10.2017.

For Advertisement Notice Click Here

United India Insurance Company Limited Assistants Recruitment

United India Insurance Company Limited invites applications for the posts of Assistant Posts.

* Assistants: 696 Posts

Qualification: Graduate from a recognized University and Knowledge of Reading, Writing and Speaking of Regional language of the State of Recruitment is essential. 

Age: Between 18 - 28 years for GENERAL candidates. Candidates born not earlier than 01.07.1989 and not later than 30.06.1999 (both days inclusive) are only eligible to apply.

How to Apply: through Online

Starting Date for Online Application: 14.08.2017.

Last Date: 28.08.2017.

Preliminary Examination: 22.09.2017.

Main Examination: 23.10.2017.

For Advertisement Notice Click Here

RECRUITMENT OF PROBATIONARY ASSISTANTS IN CLERICAL GRADE AT CAN FIN HOMES LTD.

Can Fin Homes Ltd. invites applications for the post of Probationarty Assistant.

Post details:
1. Bangalore: 08 Posts
2. Chennai: 04 Posts
3. Hyderabad: 05 Posts
4. Mumbai: 04 Posts
5. Jaipur: 02 Posts
6. Bhopal: 1 Post
7. Indore: 01 Post
8. Delhi/ Noida/ Greater Noida (NCR): 05 Posts

Qualification: Any Degree. Proficiency in data entry/ computer application.

Age as on 01.05.2017: 21 to 28 years.

Selection process: Based on the total marks secured in the interview.

How to apply: Apply online only.

Last date for online application: 14.08.2017.

For Notification Click Here

BANKING AWARENESS PRACTICE QUESTIONS FOR ALL BANK EXAMS

1. Which of the following institutions provides secured depository services?
a) NSE
b) NSDL
c) RBI
d) BSE
e) NPCI

2. While dealing with Foreign Exchange transactions "Multicurrency basket" means:
a) A number of international currencies to which the value of SDRs is linked
b) Selected international currencies to which the value of Asian Monetary Unit is linked
c) Number of major international currencies to which the external value of the Indian rupee is linked
d) The name given to a group of West European currencies
e) None of the above

3. Name of the Bank and CMD is given below. Which pair is not a correct one?
a) Allahabad Bank - Usha Anantha Subramanian
b) Andhra Bank - Suresh N Patel
c) Bank of India - Rajeev Rishi
d) Bank of Baroda - PS Jayakumar
e) Bank of Maharashtra - Ravindra Prabhakar Marathe

4. In banking parlance when a negotiable instrument is endorsed with notation "Sans recourse", it means:
a) Without liability to payment bank
b) Without physical touch
c) Without liability to me
d) Without liability to payee
e) None of the above

5. When the holder of an order cheque signs on the back of it , without specifying the person to
whom the amount is to be paid, it is called:
a) Full endorsement
b) Partial endorsement
c) Conditional endorsement
d) Restrictive endorsement
e) Bank endorsement

6. Mandate is an/a:
a) Stamped agreement
b) Unstamped agreement
c) Memorandum of agreement
d) Letter of consent for agreement
e) None of the above

7. Earlier Form 15G/15H submitted by the depositors to their bankers for not deducting TDS. These
forms so collected had to be sent to Income Tax Department. However as per revised procedure, banks will not send copy of form 15G/15 H to Income Tax Department but will retain the same with them for:
a) 2 years
b) 3 Years
c) 6 years
d) 7 years
e) 8 Years

8. Merchant bankers are:
a) Financial Brokers
b) Financial Intermediaries
c) Credit Appraisers
d) Underwriters
e) All of the above

9. Name the Chairman of Insolvency Bankruptcy Board of India?
a) Romesh Sobti
b) Madhusudan Sahoo
c) P. JayaRama Bhat
d) P. Mukherjee
e) V.G. Mathew

10. In which years RBI and SBI are nationalized respectively?
a) 1955, 1949
b) 1969, 1955
c) 1949, 1955
d) 1955, 1969
e) 1949, 1969

11. Non-profit organizations are categorized in which risk category as per new KYC(Know Your
Customer) and AML (Anti-Money Laundering) guidelines:
a) Low Risk
b) Medium Risk
c) Little Risk
d) High Risk
e) Very High Risk

12. As per Section 138 of N.I. Act, there is a provision of penalty:
a) If cheque given as gift is dishonoured
b) If signature of drawer do not tally with that is one on record
c) If cheque issued in discharge of a liability is dishonoured due to insufficient funds in the account
d) If the cheque has been presented to the paying banker within a period of 3 months from date written on it & is not honoured due to insufficient funds
e) c & d both

13. The reserve which is created out of the capital profit is known as capital reserve. Which of the
following items for part of Capital reserve?
a) Profit on revaluation of assets and liabilities
b) Profit on sale of assets & sale of shares and debentures
c) Profit on forfeiture of shares & redemption of debentures
d) Profit on purchasing running business
e) All the above

14. Kisan credit Cards are issued to farmer____:
a) To withdraw money from ATM
b) To purchase farm equipments
c) To purchase agricultural implements on credit from dealers
d) To meet their cultivation needs and non-farm requirements, including purchase of inputs and other short-term requirements and working capital requirements for allied activities
e) None of the above

15. At present lending rate is calculated on the basis of MCLR. In MCLR 'M' Stands for:
a) Marginal
b) Macro
c) Micro
d) Market
e) Margin

16. Holders of 'Basic Savings Bank Deposit Account' will not be eligible for opening any other
savings account in that bank. If a customer has any other existing savings account in that bank, he will be required to close it within:
a) 30 days from the date of opening a 'Basic Savings Bank Deposit Account'
b) 45 days from the date of opening a 'Basic Savings Bank Deposit Account'
c) 60 days from the date of opening a 'Basic Savings Bank Deposit Account
d) 90 days from the date of opening a 'Basic Savings Bank Deposit Account'
e) 120 days from the date of opening a 'Basic Savings Bank Deposit Account'

17. Credit Rating Agencies in India are regulated by:
a) RBI
b) CRISIL
c) Central Government
d) IDRBT
e) SEBI

18. What is the main objective of setting up of CERSAI?
a) Increasing revenue of Central Govt.
b) Preventing frauds
c) To compile statistics relating to total immovable properties in the country
d) To ensure whether a Company has registered with ROC properly or not
e) None of the above

19. Consequent upon merger of 5 subsidiaries and Bharatiya Mahila Bank into State Bank of India.
which of the following statement is correct?
a) This merger has catapulted SBI into one of the top 50 global banks (up from 55th position in 2016)
b) SBI's balance sheet size is Rs.33 lakh crore
c) The total number of branches and ATMs of SBI has become 24,017 and 59,263 respectively
d) The customer base of SBI is now over 42 crore
e) All the above

20. Google global CEO Sundar Pichai has launched training programme called ________ for
Small and Medium Businesses (SMBs) and startups to go digital in India in partnership with Ministry of Information and Technology and the Federation of Indian Chambers of Commerce and Industry.
a) "Digital Unlocked"
b) "Wallet Unlocked"
c) "SME unlocked"
d) " Unlocking SME Potential"
e) None of the above

21. Which Bank's MD and CEO has been awarded the 'Woodrow Wilson Award' by the Woodrow Wilson Centre in Washington DC:
a) HDFC
b) YES bank
C) ICICI
d) SBI
e) Punjab National Bank

22. Match the following mergers of banks.
List I
A. Centurion Bank of Punjab
B. Bank of Rajasthan
C. Global Trust Bank
D. Nedungadi Bank
List II
1. ICICI Bank
2. Punjab National Bank
3. HDFC Bank
4. Oriental Bank of Commerce
a) A - 4; B - 1; C - 2; D - 3
b) A - 3; B - 4; C - 1; D - 2
c) A - 2; B - 1; C - 4; D - 3
d) A - 3; B - 1; C - 4; D - 2
e) None of the above

23. Which document stipulates internal rules of a company?
a) Memorandum of Association
b) Prospectus
c) Articles of Association
d) Declaration
e) Special Resolution

24. Banks Board Bureau (BBB) has recommended to the government names of 15 general managers of various public sector banks for appointment as executive directors. Who is the chairman of Banks Board Bureau?
a) Vinod Rai
b) Chandrashekhar Ghosh
c) Mukesh Sharma
d) K.B. Nagendra Murthy
e) Arvind Panagariya

25. "Aapka Bhala, Sabki Bhalai"is the slogan of:
a) Allahabad Bank
b) Federal Bank
c) ICIC
d) HDFC
e ) Bandhan Bank

26. Which of the following statements are correct regarding NRO Non Resident Ordinary Rupee Account?
a) Mainly used for local transactions in India
b) If a citizen becomes an NRI, the existing account will be converted into NRO
c) Can be opened in the form of Savings, Current, Recurring or Fixed Deposit account
d) Can be opened jointly with Resident Indian
e) All the above

27) A scheme named ___ offers a long term subscription to Pradhan Mantri Suraksha Bima Yojana with attached Fixed Deposit.
a) Suraksha Deposit Scheme
b) Suraksha Insurance Cover
c) Jeevan Suraksha Yojana
d) Suraksha Cover
e) Suraksha Plus Scheme

28. The Maximum number of members in a Private limited company is:
a) 50
b) 20
c) 10
d) 200
e) No limit

29. With which of the following is SARFAESI Act 2002 related?
a) Recovery of bad loans
b) Regulation of Foreign Exchange
c) Fixation of interest rates
d) Acquisition of small banks
e) None of the above

30. ________ is money whose face value exceeds its cost of production.
a) Production Money
b) Token Money
c) Paper Money
d) Black Money
e) Call Money


ANSWERS:
1) b 2) c 3) c 4) c 5) e 6) b 7) d 8) b 9) b 10) c
11) d 12) e 13) e 14) d 15) a 16) a 17) e 18) b 19) e 20) a
21) c 22) d 23) c 24) a 25) e 26) e 27) a 28) d 29) a 30) b