United India Insurance Company Administrative Officers (Mains) Exam General Awareness Solved Paper (Exam Held on 3-1-2015)

1. Subarna Rekha Multipurpose Project (SMP) was started with a purpose to reduce losses due to flood in 1962 and for the distribution of land among the affected people. The states included in the project are– 
(A) Bihar, Odisha and West Bengal (B) Odisha, Uttarakhand and West Bengal (C) Odisha, Madhya Pradesh and West Bengal 
(D) Odisha, Jharkhand and West Bengal (E) Bihar, Jharkhand and West Bengal (Ans : D)

2. The Caparo group has won the International Business of the Year Award 2014 at the Asian Business Award Midlands in Birmingham. The group is founded by leading NRI industrialist– 
(A) S. P. Singh Oberoi (B) Srichand Hinduja (C) Gopichand Hinduja (D) Lord Swraj Paul (E) Lakshmi Mittal (Ans : D)

3. Which of the following is a part of the core sector? 
(A) Textiles (B) Chemicals (C) Real Estate (D) Machine manufacturing (E) Food Processing (Ans : D)

4. National Institute of Bank Management is the Institution meant for– 
(A) All those given as options (B) providing management personnel to the Banks (C) training of bank employees in Banking 
(D) providing consultancies on best practices in bank management (E) recruitment of Bank employees at all levels (Ans : D)

5. Recently India has decided to introduce plastic currency notes. A number of other countries are 'already' using plastic notes, but the pioneer in this field is– 
(A) Sweden (B) England (C) France (D) United States of America (E) Australia (Ans : E)

6. Which airlines was recently joined by the Tata group? 
(A) Pan Am (B) Lufthansa (C) Emirates Airline (D) Air Asia (E) Air France (Ans : D)

7. As per the rankings released by the UNCTAD in its World Investment Report 2014 in respect of most favoured destinations for investment by transnational corporations, India stands at the– 
(A) Fifth position (B) Third position (C) Seventh position (D) Fourth position (E) Sixth position (Ans : D)

8. Telangana has recently became the 29th state of India. Which of the following statements regarding the state is 'not' true? 
(A) It shares boundaries with Andhra Pradesh and Maharashtra (B) It is the 12th largest state of the country in terms of population 
(C) It is the first state to be carved out on a linguistic basis (D) It is the 12th largest state of the country in terms of area 
(E) It has 119 seats in the assembly and 40 seats in the council (Ans : C)

9. Which of the following device is developed by DRDO and is a light weight, multi role, single engine tactical fighter aircraft? 
(A) Prithvi (B) Prahar (C) Akash (D) Brahmos (E) Tejas (Ans : E)

10. Which of the following is a sovereign instrument with a fixed coupon (payable on a specified date or half yearly), issued by Reserve Bank for market borrowing programme of the Government of India ? 
(A) Fixed Deposits (B) Dated Government Securities (C) Debentures (D) Bonds (E) Equity shares of PSBs (Ans : B)

11. As per a notification recently published in the gazette by the Union Water Resources Ministry, the new chairman of the Cauvery Water Disputes Tribunal is– 
(A) Justice B. Rajendran (B) Justice B. S. Chauhan (C) Justice B. R. Sarangi 
(D) Justice B. N. Kripal (E) Justice B. N. Srikrishna (Ans : B)

12. The Minister for 'Health and Family Welfare' in the Union Cabinet is– 
(A) Shrimati Maneka Gandhi (B) Ms. Uma Bharati (C) Shrimati Sushma Swaraj 
(D) Jagat Prakash Nadda (E) Dr. Najma Heptulla (Ans : D)

13. A bond issued at a price less than its face value and payable on its due date at its face value bearing no ROI (Rate of Interest) is called–
(A) Preference Bond (B) Zero Coupon Bond (C) Convertible Bond (D) Perpetual Band (E) Sovereign Bond (Ans : B)

14. Recently, with which one of the following countries India has signed a joint statement named Druzhba-Dosti ? 
(A) Nepal (B) China (C) Russia (D) Bhutan (E) Myanmar (Ans : C)

15. Axis Bank was formerly known as– 
(A) YES Bank (B) UTI Bank (C) City Union Bank (D) HDFC Bank (E) Centurion Bank (Ans : B)

16. Recently, India has signed a first APA agreement with Japanese company. What does APA Stands for? 
(A) Advance Pricing Agreement (B) Advance Perform Agreement (C) Advance Purchase Agreement 
(D) Advance Procure Agreement (E) None of these (Ans : A)

17. The company ‘Associated Journals Limited' (AJL) is the publisher of now-defunct daily newspaper– 
(A) Young India (B) The Independent (C) Amrit Bazaar Patrika (D) Bombay Chronicle (E) National herald (Ans : E)

18. One rupee note bears the signature of– 
(A) President of India (B) Vice President of India (C) Finance Secretary (D) Finance Minister (E) Commerce Minister (Ans : C)

19. As per census 2011, the total urban population of India is 377.1 million. The state having the highest urban population of 50.8 million (13.5% of country's urban population) is– 
(A) Uttarakhand (B) Tamil Nadu (C) Uttar Pradesh (D) Maharashtra (E) Gujarat (Ans : D)

20. A cheque bearing the date earlier than the date of submission to the bank is known as– 
(A) Bearer Cheque (B) State Cheque (C) Crossed Cheque (D) Post Dated Cheque (E) Anti Dated Cheque (Ans : E)

21. The next Commonwealth Summit in 2015 shall be held in– 
(A) Malta (B) India (C) Sri Lanka (D) Maldives (E) Mauritius (Ans : A)

22. Liquidity is injected by the RBI in the economy through which of the following mechanisms ? 
(A) Change in Bank Rate (B) REPO (C) Increase in SLR (D) Through Liquidity Adjustment Facility (E) Increase in CRR (Ans : B)

23. The 'Glimpses of India' Festival showcasing Indian Performing arts, Modern Indian art, Buddhist artifacts and heritage, food and films etc., were organised in 12 cities of– 
(A) China (B) Europe (C) Australia (D) Russia (E) Japan (Ans : A)

24. Which of the following institutions has recently been allowed mandate for grant of banking business license by the RBI ? 
(A) IDFC (B) LIC Housing (C) L & T Finance (D) Bandhan Finance (E) Both (A) and (D) (Ans : E)

25. A Credit Guarantee Test Fund has been setup for guaranteeing Collateral Free Facilities by lending institutions to small scale industries. This fund is being managed by which of the following institutions? 
(A) IDBI (B) NABARD (C) SBI (D) SIDBI (E) RBI (Ans : D)

26. Japan has recently amended its pacifist constitution giving more powers to military. As a reason for amending the constitution, Japan has cited its dispute over Diaoyu Islands with– 
(A) China (B) Vietnam (C) Singapore (D) Philippines (E) New Zealand (Ans : A)

27. Legendary Stock Investor Warren Buffett calls the futures and options segment of the investment market is a weapons of– 
(A) Mass Financial Inclusion (B) Mass Financial Destruction (C) None of these 
(D) Mass Financial Investment (E) Mass Financial Involvement (Ans : B)

28. Latest Institution in providing Institutional Financial Assistance to Women Entrepreneurs is– 
(A) Rural Women Self Help Group (B) National Credit Fund for Women (C) Bharatiya Mahila Bank 
(D) All those given as options (E) Mahila Sarnridhi Kosh (Ans : C)

29. The national capital of the Sweden is– 
(A) Belfast (B) Rome (C) Berne (D) Stockholm (E) Kingstown (Ans : D)

30. Major internet companies are now encrypting all e-mails. For this they usually rely on a form of encryption known as the TLS. The abbreviation TLS stands for– 
(A) Transit Layer Security (B) Through Layer Security (C) Transparent Layer Security 
(D) Transport Layer Security (E) Temporary Layer Security (Ans : D)

31. Which of the following is one of the main functions of RBI? 
(A) Regulations of the Stock Markets (B) Regulation of Life Insurance (C) Regulation of General Insurance 
(D) Regulation of Mutual Funds in India (E) Banker's Bank (Ans : E)

32. Ryder Cup is awarded to the players of– 
(A) Golf (B) Baseball (C) Basketball (D) Cards (E) Cricket (Ans : A)

33. Which indigenous plane was developed by DRDO ? 
(A) Vikrant (B) Vayuyan (C) Tejas (D) Astra (E) None of these (Ans : C)

34. Which of the following is a 2,000-year - old - UNESCO - recognised classical dance-drama form from the Kerala which is feared to face extinction soon ? 
(A) Koodiyattam (B) Kuchipudi (C) Kolattam (D) Kathak (E) Kathakali (Ans : A)

35. The 'International Day of Older Persons' is observed every year on– 
(A) 31st October (B) 21st October (C) 11th October (D) 1st October (E) 19th September (Ans : D)

36. Which of the following authrities is responsible for maintaining accounts, cash deposits and bank management at the government through issue of bonds and Treasury bills? 
(A) SEBI (B) IBA (C) IRDA (D) SBI (E) RBI (Ans : E)

37. The Oscar-winning music composer A. R. Rahman has a street named after him in– 
(A) Spain (B) Canada (C) United States of America (D) France (E) Germany (Ans : B)

38. Who is the winner of Australian Grand Prix 2014? 
(A) Kevin Magnussen (B) Sergio Perez (C) Fernando Alonso (D) Nico Rosberg (E) Felipe Massa (Ans : D)

39. President Shri Pranab Mukherjee while addressing the joint session of parliament on June 14, 2014, spoke about five 'T's, three Ds and three Ss. In this context the Ss represent– 
(A) Society, Secularism and Soundness (B) Size, Safety and Security (C) Simplicity, Sincerity and Seriousness 
(D) Skill, Speed and Scale (E) Shelter, San city and Straightforwardness (Ans : D)

40. Which of the following state has Camel has its official animal? 
(A) Maharashtra (B) Madhya Pradesh (C) Odisha (D) Rajasthan (E) Haryana (Ans : D)

NABARD Assistant Manager (Grade A and B) Exam General Awareness Solved Paper (Exam Held on 1-3-2015)

1. World's first robot-staffed Hotel is set to open in which of the following countries?
(A) China (B) US (C) Singapore (D) Abu Dhabi (E) Japan (Ans : E) 

2. In which of the following states, the per capita availability of Milk is highest in the country? 
(A) Maharashtra (B) Haryana (C) Guajarat (D) Punjab (E) Tamil Nadu (Ans : D) 

3. In which city is India's first post office ATM opened? 
(A) Ahmedabad (B) Chennai (C) New Delhi (D) Mumbai (E) Hyderabad (Ans : B) 

4. At present how many credit information companies are operating in India? 
(A) Two (B) Three (C) Other than those given as options (D) Four (E) Five (Ans : D) 

5. SWIFT was founded in which of the following cities? 
(A) London (B) Brussels (C) New York (D) Hong Kong (E) Mumbai (Ans : B) 

6. Who is the head of the newly formed Expenditure Management Commission ? 
(A) Dr. Anand Sinha (B) Dr. Urjit Patel (C) Shri Arvind Mayaram (D) Dr. Subir Gokarn (E) Dr. Bimal Jalan (Ans : E) 

7. Vistara airline started its operations in India in January 2015. What is the tagline of this airline? 
(A) Fly the New Feelings (B) Now Everyone Can Fly (C) Fly at the cheapest rates 
(D) World's most favourite airline (E) Fly like a King (Ans : A) 

8. The NITI Aayog is headed by– 
(A) Minister for Planning (B) Prime Minister (C) Finance Minister (D) RBI Governor. (E) President of India (Ans : B) 

9. According to an order issued by the Culture Ministry on January 28, 2015. Who among the following has been appointed as the new chairman of Sangeet Natak Academi ? 
(A) Leela Samson (B) Anant Nag (C) Dr. P. V. Rajamannar (D) Girish Karnad (E) Shekhar Sen (Ans : E) 

10. As per Swachh Bharat Abhiyan, the aim of building a clean India is by which year? 
(A) 2021 (B) 2019 (C) 2018 (D) 2020 (E) 2016 (Ans : B) 

11. The first woman officer who led the Guard of honour at Rashtrapati Bhavan on January 26th 2015 is– 
(A) Nisha Thakur (B) Pooja Thakur (C) Punit Arora (D) Namrata Thakur (E) Other than those given as options (Ans : B) 

12. Paulina Vega, a 22-year-old student won the coveted title of Miss Universe 2015. She is from which of the following countries? 
(A) Colombia (B) India (C) Hungary (D) Honduras (E) Lithuania (Ans : A) 

13. Who amongst the following is the present Director of Centre for Advanced Financial Research and Learning (CAFRAL)? 
(A) D. K. Mohanty (B) P. Vijaya Bhaskar (C) H. R. Khan (D) G. Gopalakrishna (E) Dr. K. C. Chakraborty (Ans : D) 

14. Which of the following is the largest stock exchange in the world? 
(A) New York Stock Exchange (B) London Stock Exchange (C) Shanghai Stock Exchange 
(D) Tokyo Stock Exchange (E) NASDAQ OMX (Ans : A) 

15. Which Bank has announced the launch of country's first ‘contact-less' debit and credit cards to enable electronic payments with- out swiping ? 
(A) ICICI bank (B) HDFC bank (C) Axis bank (D) Union Bank of India (E) State Bank of India (Ans : A) 

16. Which of the following state Govt. has recently appointed yoga guru Ramdev as its brand ambassador to promote yoga and ayurveda in a big way? 
(A) Uttarakhand (B) Haryana (C) Madhya Pradesh (D) Himachal Pradesh (E) Uttar Pradesh (Ans : B) 

17. Who is the host of ICC Cricket World Cup 2015 ? 
(A) Australia and Newzealand (B) Other than those given as options (C) India and Sri Lanka 
(D) South Africa and Australia (E) England (Ans : A) 

18. Who is the chairperson of RBI? 
(A) Y. V. Reddy (B) K. L. Mohanti (C) Raghuram Rajan (D) Indra Nooyi (E) None of these (Ans : C) 

19. Who amongst the following is the present foreign secretary of India? 
(A) Sujata Singh (B) Ranjan Mathai (C) Shivshankar Menon (D) Nirupama Rao (E) Subrahmanyam Jaishankar (Ans : E) 

20. Recently the Government has notified that One Rupee Currency Notes will be put it to circulation again. The new notes will bear the signature of which of the following authorities? 
(A) Prime Minister (B) Finance Secretary (C) Finance Minister (D) Governor of RBI (E) President of India (Ans : B) 

21. RAM mense ? 
(A) Random Access Memory (B) Read Only Memory (C) Read Access Memory (D) Random Auto Memory (Ans : A) 

22. What is the minimum paid-up equity capital required for starting a small finance bank ? 
(A) Rs. 50 Crore (B) Other than those given as options (C) Rs. 250 Crore (D) Rs. 100 Crore (E) Rs. 500 Crore (Ans : D) 

23. The 'digital village' project to provide services ranging from cashless banking to digitised school teaching was recently started at Akodara village of Gujarat at the initiative of– 
(A) Aziz Premji Trust (B) Govt. of Gujarat (C) ICICI Bank (D) State Bank of India (E) Tata Enterprises (Ans : C) 

24. The year 2015 has been declared by the 68th Session of United Nations General Assembly as– 
(A) International Year of Fruits (B) International Year of Food (C) International Year of Vegetables 
(D) International Year of Good Health (E) International Year of Soils (Ans : E) 

25. Union Government renamed Direct Benefit Transfer Scheme for LPG as– 
(A) Other than those given as options (B) PAHAL (C) Ajeevika 
(D) Direct Transfer Scheme (E) Money Transfer Scheme (Ans : B) 

26. At the Asian Games held in September-October 2014, which Indian boxer refused to accept the bronze medal in order to protest a controversial decision by the judges? 
(A) L. Sarita Devi (B) Mary Kom (C) Rolando Bohol (D) Varghese Johnson (E) Kavita Goyal (Ans : A) 

27. As per Union Budget, how much capital is required to be infused in banks to meet Basel-III norms by 2018? 
(A) Rs. 2.40 lakh crore (B) Rs. 0.50 lakh crore (C) Rs. 1.00 lakh crore (D) Rs. 3.40 lakh crore (E) Rs. 5.00 lakh crore (Ans : A) 

28. Banks borrow money from the RBI at which of the following rates? 
(A) Base Rate (B) Reserve Repo Rate (C) Bank Rate (D) CRR (E) Repo Rate (Ans : E) 

29. Banks will soon be able to offer higher rate of interest on unbreakable fixed deposits. What is the minimum amount that is required to be invested in such a deposit scheme? 
(A) Over Rs. 50 lakhs (B) Upto Rs. 51akhs (C) Upto Rs. 10 lakhs (D) Over Rs. 25 lakhs (E) Over Rs. 100 lakhs (Ans : E) 

30. How many applications have been received by RBI, for starting payments bank ? 
(A) 112 (B) 65 (C) 41 (D) 72 (E) 113 (Ans : C) 

31. Pravasi Bhartiya Divas (PBD)- 2015 which was celebrated recently, was organized in which of the following States? 
(A) Kerala (B) Gujarat (C) Maharashtra (D) Rajasthan (E) Himachal Pradesh (Ans : B) 

32. A small deposit scheme for girl child, as part of the 'Beti Bachao Beti Padhao' campaign, was launched by the Govt. recently it is called as– 
(A) Balika Shiksha Account (B) Beti Padhao Deposit Scheme (C) Suraksha Deposit Scheme 
(D) Kanya Jagriti Jyoti Account (E) Sukanya Samridhi Account (Ans : E) 

33. Under the Liberalized Remittance Scheme (LRS) for resident individuals, what is the maximum amount that can be remitted abroad? 
(A) $ 250,000 (B) $ 350,000 (C) $ 500,000 (D) $ 150,000 (E) $ 50,000 (Ans : A) 

34. Which Indian state has been ranked as the fastest growing state for the year 2013-14 with GDP growth rate of 11-08% in 2013-14 ? 
(A) Madhya Pradesh (B) Haryana (C) Gujarat (D) Maharashtra (E) Bihar (Ans : A) 

35. Who among the following is the chairman of the External Advisory Committee (EAC) set up by RBI to evaluate application received for Payment? 
(A) Dr. Nachiket Mor (B) Smt. Usha Thorat (C) Shri H. R. Khan (D) Shri R. Gandhi (E) Shri S. S. Mundra (Ans : A) 

36. The deadline to exchange pre-2005 currency notes is– 
(A) 31-12-2015 (B) 30-06-2015 (C) 31-03-2015 (D) 30-09-2015 (E) 28-02-2015 (Ans : B) 

37. 'Winds of sarnara' won the new Age Album Trophy at 57th Grammy Awards recently. The album has been launched by– 
(A) A. R. Rahman (B) Ricky Kej and Wouter Kellerman (C) Bennet Veetraag 
(D) Peter Kater and Zakir Hussain (E) Paul Avgernios and Peter Kater (Ans : B) 

38. Which of the following books is written by Sanjaya Baru, former media advisor of the former Prime Minister, Manmohan Singh, just before the last Lok Sabha Election? 
(A) The Prime Minister with innovative ideas (B) The Accidental Prime Minister (C) The Intelligent Prime Minister 
(D) The Different Prime Minister (E) The Sudden Prime Minister (Ans : B) 

39. The player's auction for the 8th edition of Indian Premier League was concluded recently in Bengaluru. Which player amongst the following fetched highest amount at the auction? 
(A) Dinesh Karthik (B) Yuvraj Singh (C) Darren Sammy (D) Michael Hussey (E) Murali Vijay (Ans : B) 

40. Who among the following is the chairman of the recently constituted 7th Pay Commission? 
(A) Justice B. N. Srikrishna (retd.) (B) Dr. C. Rangarajan (C) Dr. D. Subbarao 
(D) Justice Ashok Kumar Mathur (retd.) (E) Dr. Y. V. Reddy (Ans : D) 

BANKING AWARENESS PRACTICE MCQs

1. The Reserve Bank's affairs are governed by a central board of directors. The board is appointed
by the Government of India in keeping with the Reserve Bank of India Act. It is Appointed/ nominated for a period of....
a) 6 years
b) 5 years
c) 4 years
d) 3 years
e) 2 years

2. As per SEBI guidelines, in a Book Building process the cap in the price band
a) should be at least 10 per cent of the floor price
b) should not be more than 20 per cent of the floor price
c) should not be more than 30 per cent of the floor price
d) no limits
e) none

3. _______ is a short term security (7 days to 365 days) issued by a corporate entity (other than a bank), at a discount to the face value?
a) Commercial Paper
b) Certificate of Deposit
c) Non-convertible Debenture
d) Treasury Bill
e) None of the above

4. Who is the chairman of NITI Ayog ?
a) Narendra Modi
b) Arvind Pangaria
c) Mangu Singh
d) Anupam Srivastava
e) Ashok Kumar Roy

5. The Nai Manzil Scheme is designed as an integrated education and training programme that provides youth from minority communities skills needed for different tasks in a rapidly changing world. It also provides them trade related training in which of the following areas:
a) Manufacturing
b) Engineering
c) Services
d) Soft skills
e) All the above

6. Indian Financial Network [INFINET] is the...
a) Communication backbone for the Indian Banking and Financial sector
b) Association of the employers of the banking and financial sector
c) Closed user group network of SBI and its subsidiaries
d) All of the above
e) None of the above

7. In Mutual Funds, A close ended fund means:
a) The corpus is of fixed size with a definite redemption period
b) Listing on stock exchanges provides easy liquidity
c) The market price is always below the Net Asset Value
d) All of the above
e) None of the above

8. Which of the following is correct statement in respect of debit cards
a) Debit card facility is provided to those having savings bank account/current account holders
b) This facility is not extended to cash credit/loan account holders
c) It is an unsecured credit facility
d) Debit card is issued to all the persons who visit the branch
e) a and b

9. In the term IPO, what do you mean by "P"?
a) Provisions
b) Public
c) Private
d) Prudent
e) Pension

10. The Overall Priority Sector Lending Target to be increased to _______ by Foreign Bank with
more than 20 Branches by 2018?
a) 60 percent of adjusted Net Bank Credit
b) 40 percent of Adjusted Net Bank Credit
c) 32 percent of adjusted Net Bank Credit
d) 25 percent of adjusted Net Bank Credit
e) 30 percent of adjusted Net Bank Credit

11. When it comes to scheduled commercial banks, which out of the following is not true?
a) Nationalised banks
b) Regional Rural banks
c) Foreign banks
d) Private sector banks
e) Local area banks

12. Which amongst the following is called as mother of deposits?
a) Current account
b) Fixed deposit
c) Recurring deposit
d) Savings bank
e) Reinvestment deposit

13. "Micro Finance" is a ______ of banking services?
a) Introduction stage
b) Saturation stage
c) Research stage
d) Decline stage
e) None of the Above

14. Which amongst the following is not term deposits issued by commercial banks?
a) Current account
b) Fixed deposit
c) Recurring deposit
d) Reinvestment deposit
e) All the above

15. What is the main purpose of Open market operations?
a) A fiscal device which assists Government borrowing
b) A monetary measure to regulate quantity of money in circulation and the cash reserves of the commercial banks
c) A measure to counteract extreme trends in business
d) A measure to influence the balance of payments position
e) None of the above

16. What is the full form of MSME?
a) Mini, Small and Medium Enterprises
b) Micro, Small and Medium Enterprises
c) Mini scale Marketing Enterprises
d) Medium Scale Marketing Enterprises
e) None of the above

17. A customer is required to maintain adequate balances in his/her accounts in order to use his ____ card in the merchant establishments?
a) Smart Card
b) Credit Card
c) Add-on Credit card
d) Debit Card
e) None of the above

18. Which of the following are the latest guidelines issued by the RBI in respect of opening new
branches in villages?
a) To open more brick and mortar branches in villages where there are no banking facilities
and population is more than 5,000.
b) Banks to submit a roadmap on how many branches they will be opening by 31 March 2017.
c) The roadmap by end of January 2016.
d) BCBF Model to be discontinued
e) Only a, b, c

19. Name the financial instrument which is/are issued for short term (up to one year) borrowing by
RBI on behalf of the Government of India?
a) Treasury Bills
b) Commercial Paper
c) Certificate of Deposit
d) Non-convertible Debenture
e) Only b & c

20. KYC (Know Your Customer) norms were implemented in the Indian banking system in 2002 as per the directive of ?
a) SEBI
b) RBI
c) IBA
d) IRDA
e) None of these

21. Often, we read in the newspapers that several Indian companies are taking the FCCB route to raise capital. What does the term FCCB stand for?
a) Foreign Currency Convertible Bond
b) Foreign Convertible Credit Bond
c) Financial Consortium and Credit Bureau
d) Future Credit and Currency Bureau
e) None of these

22. ATM cards are issued to a person who maintains any of following accounts with the bank
a) saving bank account
b) current accounts
c) term deposits
d) loan or cash credit accounts
e) either a or b

23. A commercial paper is
a) A paper issued by Reserve Bank of India an trade and commerce
b) An unsecured money market instrument issued in the form of promissory note
c) A document issued by IDBI for seeking refinance facility from Reserve Bank India
d) All of the above
e) None of the above

24. Which of the following would fall under the category of retail banking?
a) Home Loans
b) Credit Cards
c) Personal Loans
d) Car Loans
e) All of these

25. Who decides how much quantity of the coins to be minted?
a) Reserve Bank of India
b) Central Government
c) Finance Ministry
d) Both RBI and Central Government decide
e) None of the above

26. What are the components of Foreign Exchange Reserves?
a) Foreign currency assets,
b) Gold,
c) Special Drawing Rights
d) Reserve Position in the IMF
e) All the above

27. The chairman of Regional Rural Bank is appointed by _____?
a) State Government
b) Reserve Bank of India
c) Central Government
d) Sponsoring bank in consultation with NABARD
e) None of the above

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

UDAY—Ujwal DISCOM Assurance Yojna

The Union Cabinet, chaired by the Prime Minister Narendra Modi, has given its approval to a new scheme moved by the Ministry of Power – Ujwal DISCOM Assurance Yojna or UDAY—for the financial turnaround and revival of power distribution companies (DISCOMs), as also to ensure a sustainable permanent solution to the problem. The weakest link in the power value chain is distribution, wherein DISCOMs have, as on 31 March 2015, accumulated losses of approximately Rs.3.8 lakh crore and outstanding debt of approximately Rs.4.3 lakh crore. Financially stressed DISCOMs are finding it difficult to supply adequate power at affordable rates, which is hampering quality of life and overall economic growth and development.

UDAY looks to assure the rise of vibrant and efficient DISCOMs through a permanent resolution of past as well as potential future issues of the sector. It will empower DISCOMs with the opportunity to break even in the next 2-3 years through four initiatives (i) Improving operational efficiencies of DISCOMs; (ii) Reduction of cost of power; (iii) Reduction in interest cost of DISCOMs; (iv) Enforcing financial discipline on DISCOMs through alignment with State finances. UDAY is a good example of the utilization of the best principles of cooperative and competitive federalism. Adopting UDAY is optional for States, but provides the fastest, most efficient and financially most feasible way for providing 24X7 Power for All. It will be operationalised through a tripartite agreement amongst the Ministry of Power, State Government and the DISCOM.

Sovereign Gold Bond Scheme

The Union government has launched the Gold Bond Scheme applications for which were accepted between 5-20 November 2015. The bonds were issued by the Reserve Bank of India, on behalf of the Union government.

The bonds were sold to Indian entities only, including residents, trusts, universities and charitable institutions. The minimum permissible bond was worth 2 grams of gold, and the maximum 500 grams. The Reserve Bank fixed the public issue price at ₹2,684 per gram for the sovereign gold bonds. The Sovereign Gold Bonds offer an interest rate of 2.75%. The interest will be payable semi-annually on the initial value of investment.

The tenor of the bond will be for a period of eight years, with exit option from fifth year, to be exercised on the interest payment dates. The price of the bond will be fixed in rupee terms, on the basis of the previous week’s (Monday – Friday) simple average of closing price of gold of 999 purity, published by the India Bullion and Jewellers Association Ltd. The same procedure would be followed for calculating the redemption price for the bonds. The interest earned on gold bonds would be taxable, and capital gains tax shall be levied as in case of physical gold.

The bonds are tradable on exchanges and will be eligible for Statutory Liquidity Ratio. Know your customer (KYC) norms will be the same as that for purchase of physical gold.

NABARD Recruitment of Officers in Grade ‘A’ and Grade ‘B’ Exam 2015 General Knowledge Solved Paper

1. How many countries are the members of WTO as of June 2014? 
(A) 160 (B) 156 (C) 153 (D) 145 (E) 172 (Ans : A)

2. What is the maximum amount that can be invested under the recently launched Kisan Vikas Patra? 
(A) Rs. 1,50,000 (B) Rs. 1,00,000 (C) Rs. 5,00,000 (D) No ceiling (E) Rs. 25,000 (Ans : D)

3. The world's biggest airport for international traffic as per 2014 data is 
(A) Chhatrapati Shivaji International Airport (B) Chicago International Airport (C) London's Heathrow Airport 
(D) Dubai International Airport (E) Rajiv Gandhi International Airport (Ans : D)

4. Who has been named as the winner of the 2014 Sahitya Academi Award for Sanskrit? 
(A) Harekrishna Satapathy (B) Ramji Thakur (C) Mithila Prasad Tripathi 
(D) Prabhu. Nath Dviwedi (E) Om Prakash Pande (Ans : D)

5. What is the full form of CAFRAL in financial world? 
(A) Council for Advanced Financial Research and Learning (B) Centre for Advanced Financial Research and Learning 
(C) Other than those given as options (D) Council for Advanced Financial Reporting and Learning 
(E) Centre for Advanced Financial Research to Logistics (Ans : B)

6. Report for 14th Finance Commission was submitted on 15. 12. 2014. Who was the Chairman of this Commission? 
(A) Dr. Nachiket Mor (B) Dr. C. Rangarajan (C) Dr. YV Reddy 
(D) Dr. D. Subbarao (E) Smt. Usha Thorat (Ans : C)

7. In April 2014, the Government of India signed an agreement for implementing four Hydroelectric power projects on a joint venture with which neighbour country? 
(A) Myanmar (B) Bangladesh (C) Bhutan (D) Sri Lanka (E) Nepal (Ans : C)

8. The amount invested in Kisan Vikas Patra would get doubled in. 
(A) 6 years and 3 months (B) 7 years and 6 months (C) 5 years and 6 months 
(D) 8 years and 4 months (E) 7 years and 3 months (Ans : D)

9. Union Government announced on December 24, 2014 to confer the Bharat Ratna on which two personalities? 
(A) P. V Narasimha Rao and Deen Dayal Upadhayay (B) Madan Mohan Malviya and Deen Dayal Upadhayay 
(C) Atal Bihari Vajpayee and Madan Mohan Malviya (D) C. N. R. Rao and P. V Narasimha Rao 
(E) Deen Dayal Upadhayay and Subhash Chandra Bose (Ans : C)

10. Who amongst the following has been recently appointed as Managing Director (MD) and Chief Executive Officer (CEO) of the Multi Commodity Exchange (MCX) Limited? 
(A) Deepak Parekh (B) YH. Malegam (C) B. Venkataramani 
(D) Prakash Parthasarathy (E) S. B. Mathur (Ans : C)

11. Recently a new board of Central Board of Film Certification (CBFC) has been appointed. Who amongst the following is the new Chairman? 
(A) Anupam Kher (B) Sharmila Tagore (C) Pahlaj Nahlani 
(D) Asha Parekh (E) Jaya Bachchan (Ans : C)

12. Which of the following is the regulator of the credit rating agencies in India? 
(A) FMC (B) SBI (C) SIDBI (D) SEBI (E) IRDA (Ans : D)

13. VAT stands for– 
(A) Virtual Action Tasks (B) Virtual Assessment Technique (C) Value And Tax 
(D) Other than those given as options (E) Value Added Tax (Ans : E)

14. The Government has decided to start printing of one-rupee currency notes for this year. Printing of these notes was discontinued in which year– 
(A) 2008 (B) 2005 (C) 2001 (D) 1995 (E) 1994 (Ans : E)

15. Which is the second-largest import for India after petroleum ? 
(A) Iron and Steel (B) Electronic Goods (C) Gold (D) Coal (E) Engineering Goods (Ans : C)

16. As per the data published by World Steel Association (WSA) for the period January-September 2014, which of the following country has been ranked as top steel-producing company in the world? 
(A) China (B) South Korea (C) USA (D) India (E) Japan (Ans : A)

17. What is the minimum amount that can be granted as overdraft under the PMJDY? 
(A) Rs. 10,000 (B) 25,000 (C) Rs. 50,000 (D) 1,00,000 (E) Rs. 5,000 (Ans : E)

18. Recently which of the schemes of Union Government has entered into Guinness World Records ? 
(A) Prime Minister Jan Dhan Yojna (B) Other than those given as options (C) Indira Awas Yojna 
(D) MGNREGA (E) Swacch Bharat Abhiyan (Ans : A)

19. Which of the following stock exchange was derecognised by SEBI in November 2014 on the allegation of serious irregulatiries in its function? 
(A) Calcutta Stock Exchange (B) Delhi Stock Exchange (C) Madras Stock Exchange Ltd. 
(D) Ahmedabad Stock Exchange Ltd. (E) Madhya Pradesh Stock Exchange Ltd. (Ans : B)

20. Amitabh Bachchan was appointed as brand ambassador of health sector by which State Government ? 
(A) Maharashtra (B) Punjab (C) Haryana (D) Andhra Pradesh (E) Gujarat (Ans : D)

21. As per RBI guidelines, banks can allow minors above………. years to independently open savings bank accounts in India? 
(A) 16 (B) 10 (C) 14 (D) 12 (E) 8 (Ans : B)

22. To increase the awareness among people about all the inequalities faced by the girl child in society, which of the following day is observed as 'National Girl Child Day'? 
(A) 8th March (B) Other than those given as options (C) 21st January 
(D) 24th January (E) 14th November (Ans : D)

23. During the period' 2013-14 the highest FDI in India came from which of the, following countries? 
(A) Singapore (B) Netherlands (C) Abu Dabhi (D) UK (E) Mauritius (Ans : A)

24. What is the slogan of 'Pradhan Mantri Jan Dhan Yojna'? 
(A) Mera Khata Desh Pehchan (B) Mera Khata Anna Daata (C) Mera Khata Unnati Ki Pehchan 
(D) Mera Khata Bhagya Vidhata (E) Ek Khata Sabkeliye (Ans : D)

25. Prime Minister Narendra Modi's suit with his name embroidered in gold pinstripes was out on auction recently at which of the following cities? 
(A) Varanasi (B) New Delhi (C) Surat (D) Mumbai (E) Ahmedabad (Ans : C)

26. The Charlie Hebdo, a weekly magazine, is published in which of the following countries ? 
(A) Sweden (B) Germany (C) France (D) Switzerland (E) Greece (Ans : C)

27. The stock market index of London stock exchange is referred to as– 
(A) NIKKEI225 (B) DOWJONES (C) S&P TSX (D) FTSE 100 (E) SENSEX (Ans : D)

28. As per the Income Tax law, who among the following is categorised as 'very senior citizen'? 
(A) Individuals above the age of 85 (B) Individuals above the age of 62 
(C) Individuals above the age of 80 (D) Individuals above the age of 60 
(E) Individuals above the age of 75 (Ans : C)

29. As per the recent press reports which among the following banks of India appear in the top 50 Global Banks in terms of market capitalisation? 
(A) HDFC Bank and SBI (B) ICICI and HDFC bank (C) Bank of Baroda and SBI 
(D) Axis Bank and SBI (E) ICICI and SBI (Ans : A)

30. The first Indian cricketer to score century against Pakistan in World Cup is– 
(A) Sunil Gavaskar (B) Virat Kohli (C) M. S. Dhoni (D) Sachin Tendulkar (E) Yuvraj Singh (Ans : B)

31. What is the new name of Planning Commission ? 
(A) National Development Agency (B) National Institution for Transforming India (NITI) Aayog 
(C) Bharat Pragati Lakshya (BPL) Aayog (D) Naya Yojna Ayog 
(E) Social Economic Development Committee (Ans : B)

32. In Dubai International Film Festival 2014, who among the following artists was awarded Lifetime Achievement Award? 
(A) Manoj Kumar (B) Asha Bhonsle (C) Lata Mangeshkar (D) Amitabh Bachchan (E) Dilip Kumar (Ans : B)

33. Which of the following banks will have the highest share of capital infusion out of Rs. 6,990 crore announced by the Government recently? 
(A) Punjab National Bank (B) Canara Bank (C) State Bank of India (D) Bank of Baroda (E) ICICI (Ans : C)

34. Which of the following institutions has introduced Rupay debit card? 
(A) VISA (B) NPCI (C) DISCOVER (D) RBI (E) MASTER (Ans : B)

35. A credit card user has to be conversant with 'MITC' of the issuer. What is the full form of this term? 
(A) Most indicated terms and clauses (B) Other than those given as options 
(C) Most important terms and conditions (D) Most indicated terms and conditions 
(E) Most important terms and clauses (Ans : C)

36. Who was R.K. Laxman, who passed away recently? 
(A) A fiction writer (B) A music director (C) A film director (D) A cartoonist (E) An actor (Ans : D)

37. Jim Corbett National Park is situated in which State? 
(A) Uttarakhand (B) Uttar Pradesh (C) Himachal Pradesh (D) Assam (E) Meghalaya (Ans : A)

38. Which of the following micro finance companies has been given a licence by RBI to start a bank? 
(A) Bandhan Financial Services Pvt. Ltd. (B) Grameen Financial Services Pvt. Ltd. 
(C) SKS Microfmance Ltd. (D) Janalakshmi Financial Services Pvt. Ltd. 
(E) Ujjivan Financial Services Pvt. Ltd. (Ans : A)

39. Recommendations of 7th Pay Commission are likely to be implemented from– 
(A) 1st December 2015 (B) 1st June 2015 (C) 1st April 2015 
(D) 1st January 2016 (E) 15th November 2015 (Ans : D)

40. How many teams are playing in ICC Cricket World Cup 2015? 
(A) 16 (B) 15 (C) Other than those given as options (D) 12 (E) 13 (Ans : C)

GENERAL AWARENESS PRACTICE QUESTIONS FOR BANK EXAMS

1. The headquarters of the "United Nations Environment Programme" (UNEP) are situated in– 
(A) New York City, USA (B) Washington DC, USA (C) Geneva, Switzerland 
(D) Nairobi, Kenya (E) Vienna, Australia (Ans : D)

2. The 2016 European Football Championship Euro 2016" is scheduled to take place from June 10 to July 2016 in– 
(A) Italy (B) Scotland (C) France (D) Denmark (E) Germany (Ans : C)

3. The book 'Letters from a Nation from Jawaharlal Nehru to his Chief Ministers 1947-1963' edited by Madhav Khosla has recently been published by– 
(A) Pavilion Books (B) Pathfinder Press (C) Penguin Books (D) Prentice Hall (E) Pan McMillan (Ans : C)

4. Cibil Transunion score ranges from……… to. 
(A) 100, 300 (B) 300, 500 (C) 300, 900 (D) 250, 750 (E) 100, 900 (Ans : C)

5. The first man to be appointed as the Goodwill Ambassador for South Asian for UN Women's newly launched- 'He For She' initiative is– 
(A) Aamir Khan (B) Sourav Ganguly (C) Sachin Tendulkar (D) Farhan Akhtar (E) Virat Kohli (Ans : D)

6. Which of the following institutes has introduced RuPay Debit Card? 
(A) DISCOVER (B) VISA (C) MASTER (D) RBI (E) NPCI (Ans : E)

7. The National Capital of Republic of Iraq is– 
(A) Medina (B) Al Bahah (C) Baghdad (D) Jeddah (E) Tehran (Ans : C)

8. As per the press report what is the deadline for exchange of pre 2005 notes? 
(A) 15-12-2014 (B) 30-11-2014 (C) 01-01-2015 (D) 31-03-2015 (E) 30-12-2014 (Ans : C)

9. With a view to scaling up bilateral Research and innovation relationship ‘A Newton Bhabha Fund has recently been established by India and– 
(A) United States of America (B) United Kingdom (UK) (C) France (D) Scotland (E) Ireland (Ans : B)

10. The Constituent member of the Council of Scientific and Industrial Research (CSIR), the National Chemical Laboratory (NCL) is situated at– 
(A) NOIDA, Uttar Pradesh (B) Hyderabad, Telangana (C) Pune, Maharashtra 
(D) Hissar, Haryana (E) Ludhiana, Punjab (Ans : C)

11. The Currency of the 'Kingdom of Saudi Arabia' (KSA) is– 
(A) Saudi Rupee (SAR) (B) Saudi Real (SAR) (C) Saudi Rupiah (SAR) 
(D) Saudi Rubir (SAR) (E) Saudi Riyal (SAR) (Ans : E)

12. In Banking, IFSC code stands for– 
(A) International Forex System Code (B) Other than those given as options 
(C) Indian Function System Code (D) Indian Financial System Code 
(E) International Format System Code (Ans : D)

13. 'Veenapani Chawla' who died recently at the age of 67 was an acclaimed– 
(A) Classical Dancer (B) Theatre Personality (C) Hindi Poet and Lyricist 
(D) Scientist (E) Sportsperson (Ans : B)

14. The 45th International Film Festival of India (IFFI) was recently held at– 
(A) New Delhi (B) Bengaluru (C) Goa (D) Pune (E) Lucknow (Ans : C)

15. Which of the following Authorities issues IEC code to enable an entity to undertake export/import business in our country? 
(A) Finance Ministry (B) DGFT (C) RBI (D) SEBI (E) No such code is necessary hence anyone can undertake import/ export business (Ans : B)

16. Which of the following is the main objective of the Govt. in introducing the Jan Dhan Yojana? 
(A) To provide minimum one account for every household (B) To ensure that banks in India gets more deposits 
(C) Other than those given as options (D) To increase the number of savings bank accounts in public sector banks 
(E) To increase the vote bank (Ans : A)

17. The 'World Aids Day' is observed across the world every year on– 
(A) 1st April (B) 8th June (C) 8th August (D) 1st December (E) 9th December (Ans : D)

18. Which of the following issue Commercial Paper? 
(A) Other than those given as options (B) High net worth individuals (C) Banks (D) RBI (E) Corporates (Ans : E)

19. Dronacharya Award is an Award presented by the Government of India for Excellence in– 
(A) Primary Education (B) Adult Literacy (C) Sports Coaching (D) Educational Research (E) College Education (Ans : C)

20. As per a resolution of the United Nations the World observes November 19 every year as the– 
(A) World Radio Day (B) World Health Day (C) World Water Day (D) World Toilet Day (E) World Happiness Day (Ans : D)

21. The winner of the men's Kabaddi Gold in the 17th Asian Games is– 
(A) India (B) Pakistan (C) Japan (D) Iran (E) South Korea (Ans : A)

22. In spite of the differences with the States, policy-makers believe that 'GST' can be in force by its deadline of April 1, 2016. The abbreviation 'GST stands for– 
(A) General Sales Tax (B) Goods and Service Tax (C) Global Sales Tax 
(D) Government Sales Tax (E) General Service Tax (Ans : B)

23. The 'Magnetic Hills' or the so-called 'Gravity Hills' are located near– 
(A) Leh in Ladakh (B) Itanagar in Arunachal Pradesh (C) Gangtok in Sikkim 
(D) Panaji in Goa (E) Kannur in Kerala (Ans : A)

24. Which of the following Indian states has become the first state in the country where voting in local body polls has been made mandatory? 
(A) Haryana (B) Maharashtra (C) Gujarat (D) Telangana (E) Tamil Nadu (Ans : C)

25. PSLV is an expandable launch system developed and operated by ISRO to launch its 'IRS' satellites. The abbreviation 'IRS' stands for– 
(A) Indian Remote Shadow (B) Indian Research Science (C) Indian Remote Surveillance 
(D) Indian Remote Sensing (E) Indian Remote Supervision (Ans : D)

26. What is the lock-in-period for a tax-saver fixed deposit in a bank ? 
(A) 2 and half years (B) 3 years (C) 2 years (D) 5 years (E) There is no lock-in-period (Ans : D)

27. Which of the following former Indian cricket captains is associated with the upliftment of poor and destitute communicates through the Khushi Society? 
(A) Rahul Dravid (B) Sunil Gavaskar (C) Sachin Tendulkar (D) Sourav Ganguly (E) Kapil Dev (Ans : E)

28. The STAR Sports Vijay Trophy is associated with the game of– 
(A) Hockey (B) Cricket (C) Golf (D) Tennis (E) Basketball (Ans : B)

29. China's 14-year old 'Yan Bangtao' recently became the youngest player to win a World Title. 'Yan Bangtao' is associated with the game of– 
(A) Chess (B) Boxing (C) Archery (D) Snooker (E) Lawn Tennis (Ans : D)

30. Held every year in the month of December the 'Hornbill Festival' is the premier festival of the Indian State of– 
(A) Sikkim (B) Meghalaya (C) Goa (D) Tripura (E) Nagaland (Ans : E)

31. In Bank group-wise classification, IDBI Bank Ltd. has been included in which among the following? 
(A) Private sector banks (B) Foreign banks (C) Investment banks 
(D) Other than those given as options (E) Public sector banks (Ans : E)

32. The 2014 Sweriges Raksbank Prize in economic sciences in memory of Alfred Nobel has been awarded to– 
(A) Jean Tirole of France (B) Hiroshi Amano of Japan (C) Isamu Alaski of Japan 
(D) Patrick Moniamo of France (E) Norwegian May-Bratt and Edward Moser (Ans : A)

33. 'What is the percentage of share holding of the concerned State Govt. in Regional Rural Bank ? 
(A) 100% (B) 15% (C) 50% (D) 35% (E) 75% (Ans : B)

34. In Limited Liability Partnership (LLP) what is the extent of liability of a partner? 
(A) Liability of Partners is jointly and several (B) Other than those given as options 
(C) Each partner is fully liable (D) Limited to the extent of his share holding 
(E) Each partner is liable not only to the extent of his share but also to the share of other partners in case of any shortfall (Ans : D)

35. The 2014 Urban Mobility India (UMI) conference was recently held in– 
(A) Bengaluru (B) Navi Mumbai (C) Ahmedabad (D) New Delhi (E) Chandigarh (Ans : D)

36. Many times we read about SEZ in Newspapers/Magazines. What is the full form of SEZ ? 
(A) Socio Economic Zone (B) Special Economic Zone (C) Small Economic Zone 
(D) Special Enforcement Zone (E) Service and Economic Zone (Ans : B)

37. What is the capital of Iraq? 
(A) Baghdad (B) Turkey (C) Istanbul (D) Kirkuk (E) Zakho (Ans : A)

38. What is the full form of PDA? 
(A) Personal Digital Assistant (B) Personal Digital Assist (C) Professional Digital Assist 
(D) Professional Digital Association (E) Personal Digital Assessment (Ans : A)

39. Gilt-edged market means– 
(A) bullion market (B) market of government securities (C) market of guns 
(D) market of pure metals (E) market of finance (Ans : B)

40. 'Cinepolis' which has a presence of 110 screens in India is reported to have acquired the chain fun cinemas of the essel group (93 screens). 'Cinepolis' is a– 
(A) Chinese Multiplex Chain (B) Indian Multiplex Chain (C) Russian Multiplex Chain 
(D) French Multiplex Chain (E) Mexican Multiplex Chain (Ans : E) 

List of Indian Banks & Private Banks and their Heads

Central Bank
RBI (Governor) – Raghuram Rajan 
RBI (Dy. Governor) – H. R. Khan, Urjit R. Patel, R. Gandhi & S.S. Mundra 

Nationalized Banks 
Allahabad Bank  (Chairman and MD) – Rakesh Sethi 
Andhra Bank (MD and CEO) – Suresh N. Patel 
Bank of Baroda (MD and CEO) – P.S. Jayakumar 
Bank of India (MD and CEO) – Melwyn Rego 
Bank of Maharashtra (Chairman and MD) – Sushil Muhnot 
Bhartiya Mahila Bank (Chairman and MD) – 
Canara Bank (MD and CEO) – Rakesh Sharma 
Central Bank of India (Chairman and MD) – Rajiv Rishi 
Corporation Bank (Chairman and MD) – S.R. Bansal 
Dena Bank (Chairman and MD) – Ashwani Kumar 
IDBI (MD and CEO) – K.P. Kharat 
Indian Bank (Chairman and MD) – M.K. Jain 
Indian Overseas Bank (MD and CEO) –  R. Koteeswaran 
Oriental Bank of Commerce (MD and CEO) –  Animesh Chauhan 
Punjab National Bank (MD and CEO) –   Usha Ananthasubramanian 
Punjab and Sind Bank (Chairman and MD) – J.B. Singh 
Syndicate Bank (MD and CEO) –  Arun Srivastava 
UCO Bank (Chairman and MD) –   Ravi Kishan Takkar 
Union Bank of India (Chairman and MD) – Aurn Tiwari 
United Bank of India (MD and CEO) –   P. Srinivas 
Vijaya Bank (MD and CEO) –  Kishore Kumar Sansi 

State Bank Group 
State Bank of India (Chairman) – Arundhati Bhattacharya 
State Bank of Bikaner and Jaipur (MD) – Jyoti Ghosh 
State Bank of Hyderabad (MD) – Santanu Mukherjee 
State Bank of Mysore (MD) – Sharad Sharma 
State Bank of Patiala (MD) – S.A. Ramesh Rangan 
State Bank of Travancore (MD) – Jeevan Das Narayan 

Private Bank 
Axis Bank (MD and CEO) – Shikha Sharma 
Catholic Syrian Bank (MD and CEO) – Anand Krishnamurthy 
City Union Bank (MD and CEO) – N. Kamakodi 
Development Credit Bank (MD and CEO) – Murali M. Natrajan 
Dhanalakshmi Bank (MD and CEO) – P.G. Jayakumar 
Federal Bank (MD and CEO) – Shyam Shrinivasan 
HDFC Bank (MD) – Aditya Puri 
ICICI Bank (MD and CEO) – Chanda D. Kochhar 
Indusind Bank (MD) – Romesh Sobti 
J and K Bank (Chairman and CEO) Mushtaq Ahmad 
Karnataka Bank (MD and CEO) – P. Jayarama Bhat 
Karur Vyasa Bank (MD and CEO) – K. Venkataraman 
Kotak Mahindra Bank (MD) – Uday S. Kotak 
Lakshmi Vilas Bank (MD and CEO) – 
Nainital Bank (Chairman and CEO) – S.K. Gupta 
Ratnakar Bank (MD and CEO) – Vishwavir Ahuja 
South Indian Bank (MD and CEO) – V.G. Mathew 
Tamil Nad Mercantile Bank (MD and CEO) – K.B. Nagendra Murthy 
Yes Bank (MD and CEO) – Rana Kapoor

GENERAL AWARENESS PRACTICE QUESTIONS

1. Who among the following was appointed as Vice Chairman of the Basel-based Bank for International Settlements in November 2015? 
(a) Kaushik Basu (b) Raghuram Rajan (c) Jens Weidmann 
(d) Subir Gokarn (e) Haruhiko Kuroda (Ans : b)

2. Which country won the Rugby World Cup organized in October 2015 in England? 
(a) New Zealand (b) S. Africa (c) Australia (d) Wales (e) England (Ans : a)

3. Which party won simple majority in Parliamentary elections in Canada in October 2015? 
(a) Liberal Party (b) Conservative Party (c) New Democratic Party 
(d) Bloc Quebecois Party (e) Green party (Ans : a)

4. Vidya Devi Bhandari was elected as the first woman President of Nepal in October 2015. She is the leader of which party? 
(a) Nepali Congress (b) Communist Party of Nepal (Maoist) (c) Communist Party of Nepal (Unified Marxist-Leninist) 
(d) Madhesi Janaadhikar Forum (e) Tarai-Madhesh Loktantrik Party (Ans : c)

5. What was India’s position at the Asian Shooting Championship organized in Kuwait City in November 2015? 
(a) first (b) second (c) third (d) fourth (e) fifth (Ans : b)

6. Who among the following is the new Prime Minister of Poland where parliamentary elections were held in October 2015? 
(a) Donald Tusk (b) Beata Szyd3o (c) Jaroslaw Kaczynsi 
(d) Bronislaw komorowski (e) Ewa Kopacz (Ans : b)

7. Which SAARC nation started Balance Nail military exercise with USA in November 2015? 
(a) Nepal (b) Bhutan (c) Sri Lanka (d) Pakistan (e) Bangladesh (Ans : a)

8. Who among the following was conferred with all Indira Gandhi Award for National Integration on October 31, 2015? 
(a) CNR Rao (b) E Sreedharan (c) Karan Singh 
(d) PV Rajagopal (e) MS Swaminathan (Ans : d)

9. Abhishek Verma won silver medal for India at the….. World Cup Final in Mexico City in October 2015. 
(a) Archery (b) Wrestling (c) Shooting (d) Rowing (e) Boxing (Ans : a)

10. The UN launched the International Year of….. 2016 in November 2015. 
(a) Spices (b) Cotton (c) Coconut (d) Oilseeds (e) Pulses (Ans : e)

11. Ground Zero Summit, organized in New Delhi on November 5-8, 2015, was on the issue of– 
(a) Terrorism (b) Cyber security (c) Climate Change 
(d) Welfare of Women (e) Corporate Social Responsibility  (Ans : b)

12. India’s Amit Verma won the 2015 Bastiat Prize for….. given by Los Angeles-based Reason Foundation in November 2015. 
(a) Law (b) Science (c) Journalism (d) Philosophy (e) Economics (Ans : c)

13. Reserve Bank issued guidelines for the Gold Monetisation Scheme on October 22, 2015. Who will decide the interest rate on gold deposits? 
(a) RBI (b) Finance Ministry (c) Indian Banks Association 
(d) Individual banks (e) World Gold Council (Ans : d)

14. President Pranab Mukherjeee launched ‘IMPRINT India’ research initiatives for which of the following academic field in November 2015? 
(a) Commerce (b) Arts (c) Law (d) Management (e) Engineering (Ans : e)

15. Punjabi is now the third official language in Parliament of Canada after English and….. 
(a) French (b) Spanish (c) German (d) Russian (e) Chinese (Ans : a)

16. Who among the following was named the most powerful woman in the Indian business sector by Fortune India in November 2015? 
(a) Shikha Sharma (b) Chanda Kochhar (c) Chitra Ramakrishna 
(d) Naina Lal Kidwai (e) Arundhati Bhattacharya (Ans : e)

17. What is India’s position in the list of world’s most valuable nation brands by London-based Brand Finance in November 2015? 
(a) 7th (b) 17th (c) 27th (d) 37th (e) 47th (Ans : a)

18. Justice Tirath Singh Thakur appointed the….. Chief Justice of India in December 2015. 
(a) 41st (b) 42nd (c) 43rd (d) 44th (e) 45th (Ans : c)

19. What was India’s rank among 189 economies in World Bank’s ‘Doing Business 2016’ report launched in October 2015? 
(a) 110th (b) 120th (c) 130th (d) 140th (e) 150th (Ans : c)

20. The Grand Alliance won over two-third majority in Bihar Assembly election results declared in November 2015. How many seats are there in the Assembly? 
(a) 143 (b) 193 (c) 243 (d) 293 (e) 343 (Ans : c)

21. The Presidents of China and….. met for the first time after more than six decades in November 2015. 
(a) Laos (b) Taiwan (c) Myanmar (d) Vietnam (e) Mongolia (Ans : b)

22. ‘INDRA’ is the joint military exercise conducted by troops of India and….. in Rajasthan in November 2015. 
(a) USA (b) UK (c) France (d) Russia (e) China (Ans : d)

23. Which is the top-ranked country in the list of world’s most valuable nation brands by London-based Brand Finance in November 2015? 
(a) USA (b) UK (c) Canada (d) Sweden (e) Singapore (Ans : a)

24. India has been re-elected to the UN Commission of International….. Law for another six year term in November 2015. 
(a) Trade (b) Culture (c) Maritime (d) Environment (e) Human Rights (Ans : a)

25. Which is the best country in terms of internet freedom in the report ‘freedom on the Net 2015’ released by Freedom House in October 2015? 
(a) Norway (b) Sweden (c) Finland (d) Denmark (e) Iceland (Ans : e)

GENERAL AWARENESS PRACTICE QUESTIONS FOR IBPS EXAMS

1. Who was appointed as an Executive Director on the board of the International Monetary Fund?
1) Subir Gokarn
2) Anand Sinha
3) K.C. Chakrabarty
4) H.R. Khan
5) Urjit Patel

2. Who won the China Open Super Series Premier badminton women’s singles title in Fuzhou in
November 2015?
1) Saina Nehwal
2) Li Xuerui
3) Yihan Wang
4) Carolina Marin
5) P.V. Sindhu

3. Who was elected as the Vice Chairman of the Bank for International Settlements (BIS) in November 2015?
1) Y. Venugopal Reddy
2) C. Rangarajan
3) Raghuram Rajan
4) Kaushik Basu
5) Bimal Jalan

4. Who was appointed as the next Permanent Representative of India to the United Nations on November 16, 2015?
1) Vikas Swarup
2) S. Jaishankar
3) Saurabh Kumar
4) Syed Akbaruddin
5) T.C.A. Raghavan

5. The Bank for International Settlements serves as a bank for central banks. It is based in?
1) Zurich
2) Tokyo
3) Beijing
4) Geneva
5) Basel

6. Which country won the 2015 FIFAWomen’s World Cup Football tournament on July 5, 2015?
1) USA
2) Japan
3) France
4) Germany
5) Norway

7. Identify the mismatched pair? 2015 Host Tournament Country
1) Copa America Chile
2) FIFAWomen’s Canada World Cup
3) FIFA Under-20 Serbia World Cup
4) Asian Athletics China Championships
5) ICC World Cup Australia & NewZealand

8. Which of the following districts in West Bengal has won the United Nations Public Service Award 2015?
1) Purulia
2) Howrah
3) Cooch Behar
4) Nadia
5) Jalpaiguri

9. Which of the following governments has reached a historic agreement with FARC guerrillas to
de-escalate the decades-long armed conflict?
1) Cuba
2) Colombia
3) Ecuador
4) France
5) Armenia

10. Which country will contribute the largest amount ($41 billion) to the BRICS Currency Reserve Arrangement(CRA)?
1) Brazil
2) Russia
3) India
4) China
5) South Africa

11. Identify the mismatched pair? BOOK AUTHOR
1) Modi-Incredible Emergence of a Star - Tarun Vijay
2) Flood of Fire - Amitav Ghosh
3) Scion of Ikshvaku - Amish Tripathi
4) Transcendence - APJ Abdul Kalam
5) Beyond Doubt - Shobha De

12. India’s spiritual leader Sri Sri Ravi was conferred Order of the Democracy Simon Bolivar,
the highest civilian award of?
1) Bolivia
2) Brazil
3) Colombia
4) Chile
5) Argentina

13. What does the letter ‘C’ stand for in the abbreviation CRR?
1) Currency
2) Credit
3) Cash
4) Capital
5) Commercial

14. Singapore’s central bank and financial regulatory authority is called?
1) Bank of Singapore
2) People’s Bank of Singapore
3) Federal Reserve of Singapore
4) Monetary Authority of Singapore
5) None of these

15. The World Food Program (WFP) is the food assistance branch of the United Nations. Its headquarters is in?
1) Vienna
2) Washington D.C.
3) Geneva
4) Tokyo
5) Rome

16. Who is the present Union Minister for Food Processing Industries?
1) Radha Mohan Singh
2) Anant Kumar
3) Anant Geete
4) Thawar Chand Gehlot
5) Harsimrat Kaur Badal

17. Who was given the Moortidevi Award for 2014 for his work ‘Vyomkesh Darvesh’?
1) K. Radhakrishnan
2) Viswanath Tripathi
3) Kamal Kishore Goenka
4) Munishwar Jha
5) None of these

18. The 2015 World Food Prize recipient belongs to which of the following countries?
1) India
2) Philippines
3) Bangladesh
4) Brazil
5) Mexico

19. Praful Bidwai passed away on June 23, 2015. He was a renowned?
1) Architect
2) Painter
3) Singer
4) Journalist
5) Television personality

20. Who has been named as the 2015 Global Confederation for Higher Education Associations for Agriculture and Life Sciences World Agriculture Prize laureate?
1) M.S. Swaminathan
2) R. Paul Singh
3) Sanjay Rajaram
4) R.S. Paroda
5) None of these

21. A National Memorial of Lok Nayak Jai Prakash Narayan will be set up in which of the following States?
1) Uttarakhand
2) Bihar
3) Madhya Pradesh
4) Uttar Pradesh
5) None of these

22. The Union Government has launched the first modernized Anganwadi centre of India at Hasnapur village of Sonepat in?
1) Chhattisgarh
2) Madhya Pradesh
3) Punjab
4) Haryana
5) Odisha

23. Who launched the Rashtriya Avishkar Abhiyan(RAA) in New Delhi on July 9, 2015?
1) Narendra Modi
2) Pranab Mukherjee
3) APJ Abdul Kalam
4) Hameed Ansari
5) Nitin Gadkari

24. How many cities will be chosen for the AMRUT (Atal Mission for Rejuvenation and Urban Transformation) project?
1) 100
2) 250
3) 200
4) 500
5) None of these

25. Who is the founder of BRAC, the largest Non Government Organization in the world?
1) Muhammad Yunus
2) Nurul Islam
3) Rehman Sobhan
4) Fazle Hasan Abed
5) None of these

26. As per a research published by the World Economic Forum, the world’s biggest employer is?
1) The US Department of Defense
2) People’s Liberation Army of China
3) Wal-Mart
4) McDonalds
5) UK’s National Health Service

27. The National Skill Development Mission’s Governing Council is chaired by the?
1) President
2) Home Minister
3) Prime Minister
4) Finance Minister
5) Human Resources Development Minister

28. Islam Karimov is the President of which of the following countries?
1) Azerbaijan
2) Armenia
3) Ukraine
4) Uzbekistan
5) Georgia

29. President Pranab Mukherjee inaugurated a ‘Nakshatra Vatika’ on July 6, 2015 in?
1) New Delhi
2) Secunderabad
3) Nagpur
4) Kolkata
5) Mumbai

30. Who won the women’s title in the Senior National Squash championship on July 12, 2015?
1) Joshna Chinappa
2) Bhuveneshwari Kumari
3) Deepika Pallikal
4) Harshit Kaur
5) None of these

31. The United Nations General Assembly designated which of the following days as World Youth Skills Day?
1) July 15
2) June 15
3) August 15
4) September 15
5) April 15

32. Which of the following has launched a mobile application named "Pashu Poshan" that will boost dairy farmer’s income?
1) NDRI
2) NDDB
3) IARI
4) NIRD
5) ICRISAT

33. Serena Williams won her sixth Wimbledon women’s singles title by defeating which of the following tennis players in the final in July 2015?
1) Maria Sharapova
2) Belinda Bencic
3) Garbine Muguruza
4) Lucie Safarova
5) Ana Ivanovic

34. Which State has declared Blue Mormon species as State Butterfly?
1) Punjab
2) Haryana
3) Gujarat
4) Maharashtra
5) West Bengal

35. Which of the following cities is the capital of Uzbekistan?
1) Samarkhand
2) Namangan
3) Peshawar
4) Hun
5) Tashkent

36. Which is the first developed nation to default on the International Monetary Fund debt?
1) Portugal
2) Ireland
3) Greece
4) Italy
5) Spain

37. Which city hosted the Shanghai Cooperation Organization (SCO) Summit in July 2015?
1) Yekaterinburg
2) Beijing
3) Shanghai
4) Ufa
5) Moscow

38. Which country has been accepted as a full member of Shanghai Cooperation
Organization along with India?
1) Belarus
2) Afghanistan
3) Iran
4) Mongolia
5) Pakistan

39. Which country retained the South Asian Basketball Championship (SABA) title in July 2015?
1) Sri Lanka
2) Bangladesh
3) India
4) Pakistan
5) Nepal

40. Garbine Muguruza is a tennis player from which of the follo wing countries?
1) Russia
2) Bulgaria
3) Poland
4) Spain
5) Czech Republic

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