GENERAL PRACTICE MCQs FOR IBPS EXAMS

1.    Which committee recommended for privatization of Insurance industry in India?
     a) Narisimhan committee
     b) Rangarajan Committee
     c) Kanna committee
     d) Malhotra committee
     e) Goiporia Committee

 2.    The minimum amount of Paid up capital for starting Life insurance business?
     a) 25 cr    
b) 50 Cr    
c) 100 Cr     
d) 250 Cr     
e) 500 Cr

 3.    How a bank can enter Insurance sector?
     a) Risk Participation
     b) Strategic Investment
     c)    Distribution of insurance policies as Agent
     d) a, b & c    
e) b & c.

 4.    Banks can invest in an insurance company 'without participation Basis' Up To ____?
     a)    5% of net worth or 25 crs whichever is less
     b)    10% of net worth or 50 crs whichever is less
     c)    Rs 100 crs    
d) a,b & c
     e)    Passed IRDA Test & license as per IRDA Rules.

 5.    Who is the specified person in case of Life Insurance business?
     a)    Any person canvassing Life insurance products
     b)    Person having minimum 3 years experience in Life insurance business
     c)    An agent of Life insurance corporation of India
     d)    Person has undergone IRDA training, passed IRDA test and license as per IRDA Rules & nominated by corporate as agent.
     e) None.

 6.    To make operations easier Kisan ATMs are provided with?
     a)    Regular monitor
     b)    Touch screen monitor
     c)    Regular monitor with bio-metric authentication like finger print verification and voice enabled.
     d)    Touch screen monitor with bio-metric authentication like finger print verification and voice enabled.
     e)    None of the above

 7.    What are Essential Requirements for complaint to Banking Ombudsman?
     a)    Bank has rejected a complaint
     b)    Complainant has not received any reply within 30 days after the bank has received his representation
     c)    He is not satisfied with the reply given.
     d)    One year time has not elapsed from the date of cause of action
     e)    All the above

 8.    The NAV of a mutual fund?
     a)    is always constant
     b)    Keeps going up at a steady rate
     c)    Fluctuates with market price movements
     d)    Cannot go down at all
     e)    None of the above

 9.    Who among the following are not eligible to invest in MF?
     a)    Indian Companies    
b) Banks
     c)    Non Banking Finance Companies
     d)    Foreign Citizens
     e)    All the above

 10.    The most important link between Mutual Fund and Investors is?
     a) Government    
b) SEBI
     c) Fund distributors    
d) AMFI
     e) None of the above

 11.    If the subject matter is pending with any other court can a customer lodge complaint with Ombudsman?
     a) Yes     
b) No
     c) With the permission of court
     d) All the above    
e) None

 12.    Nomination facility in Bank is available in the following accounts:?
     a)    Cash credit, Term loans
     b)    Secured overdraft accounts
     c)    Deposits, safe custody and Safe deposit locker
     d)    Only a&b    
e) All the above

 13.    A balance sheet gives two main groups of figures, the?
     a)    Owners' equity and shareholders' funds
     b)    Assets and liabilities
     c)    Profits and total finance employed
     d)    Big and small
     e)    None of these

 14.    The electronic Cheque is defined in?
     a) IT Act    
b) NI Act
     c) RBI Act    
d) BR Act
     e) None of these

 15.    Even though the cheque is a bill of exchange, it is exempted from stamp duty because:?
     a)    It is payable on demand and hence exempted from stamp duty
     b)    RBI has given permission for banks to exempt the cheque from stamp duty
     c)    NI Act has exempted cheque from stamp duty
     d) Banking Regulation Act 1949
     e) None of these

 16.    Crossing applies to:?
     a) cheques    
b) Bills of exchange
     c) Promissoy Notes
     d) a,b&c     
e) None

 17.    For General Crossing, two parallel transverse lines are?
     a) Required    
b) not required
     c) it is the option of drawer
     d) Branch Manager's discretion
     e) None of these

 18.    Who can cross the cheque?
     a) Drawer    
b) Payee
     c) Holder    
d) a or b or c
     e) None of these

 19.    An account payee crossing is a?
     a)    Direction to collecting banker to collect the cheque only to the payee
     b)    Direction to the paying banker to pay the cheque only to the payee
     c)    Direction to both the collecting and paying banker
     d)    Direction to the payee to take cash from any bank
     e)    None of these

 20.    KYC guidelines take into accou-nt the recommendations of an int-ernational Financial Action Task Force (1) on anti money laundering standards (2)on combating fi-nancing of terrorism (3) on mani-pulation of economic indicators?
     a) 1 and 2 only     
b) 2 and 3 only
     c) 1 and 3 only     
d) 1, 2, 3 all
     e) None of the above

 21.    As per KYC guidelines, the banks cannot have correspondent arrangements with 'Shell Banks'. For this purpose, the 'Shell Bank' means?
     a)    a bank having no existence but on paper only
     b)    a bank incorporated outside India and having a branch in India
     c)    a bank incorporated in a country where it has no existence and it is not regulated by a regulating authority
     d)    a bank incorporated outside India and banned by UNO to have Operations other than in country of incorporation.
     e)    None of the above

 22    The Ministry of Rural Develop-ment, Government of India has launched National Rural Livelihood Mission (NRLM) by restructuring?
     a)    SJSY (Swarna Jayanthi Gram Swarojgar Yojna)
     b)    SJSRY (Swarna Jayanthi Shahari Rojgar Yojna)
     c)    DRI (Differential Rate of Interest)
     d)    PMGSY(Pradhan Mantri Gram Sadak Yojna)
     e)    None of these

 23.    Domestic banks to deposit in RIDF with NABARD, the shortfall in respect of?
     a)    Agriculture advances target of 18%
     b)    Overall priority sector target of 40%
     c)    Self Help Groups
     d)    both a & b     
e) None of these

 24.    Foreign banks are to deposit in SEDF with SIDBI, the shortfall in respect of?
     a) Export advances target of 12%
     b)    Overall priority sector target of 32%
     c)    Micro & small enterprises target of 10%
     d)    All the above
     e)    None of these

 25.    Deposit period/interest rate for deposit with RIDF and SEDF are fixed by?
     a) NABARD in case of RIDF
     b) SIDBI in case of SEDF
     c) RBI in both the cases
     d) Ministry of Finance
     e) None of the above

 26.    What is the priority sector target for RRBs with reference to their adjusted net bank credit?
     a) 32%     
b) 40%
     c) 60%     
d) All the above
     e) None of the above

 27.    Objective of PMEGP is?
     (1) To generate employment opportunities in rural and urban areas through self employment ventures (2) To provide continuous employment to artisans and educated unemployed persons. (3) To arrest migration of rural youth to urban areas.
     a) 1, 2 and 3 all    
b) 1 and 2 only
     c) 1 and 3 only    
d) 2 and 3 only
     e) None of these

 28.    The SGSY aims at betterment of the rural poor by assisting properly identified families below poverty line in the rural areas .It seeks in particular to improve the lot of poorest of the poor viz?
     a)    Rural poor with land and Landless labourer
     b)    Educated unemployed
     c)    Rural artisans and disabled persons
     d)    All of these    
e) none of these

 29.    A person assisted under SGSY scheme is known as a?
     a) Beneficiary    
b) Borrower
     c) Swarozgari    
d) Loanee
     e) None of these

 30.    Funding Under SJSRY shared between Centre and States in general in the ratio of …?
     a) 50:50    
b) 80:20
     c) 75:25    
d) 60:40
     e) 30:20

 31.    Which of the following statement is true about CGTMSE?
     a)    It is floated by SIDBI & Govt. of India
     b)    It's coverage is restricted to Micro and Small Enterprises
     c)    Encourage the Banks to Finance more to all those units who are not capable of offering any Collateral Securities
     d)    All the above
     e)    None of these

 32.    Foreign Exchange Means?
     a)    It means the claims of residents of one country to the foreign currency payable abroad
     b)    It includes all deposits, credits, balances payable in any foreign currency
     c)    It includes Drafts, TCs, LCs and bills of exchange expressed or drawn in Indian currency and payable in foreign exchange
     d)    It includes Drafts, TCs, LCs or bills of exchange drawn by banks, institutions or persons outside India but payable in Indian currency
     e)    All the above

 Answers
     1) d;    2) c;    3) d;    4) b;    5) d;      6) d;    7) e;    8) c;    9) d;    10) c;
     11) b;    12) c;    13) b;    14) b;    15) b;     16) a;    17) a;    18) d;    19) a;    20) a;
     21) c;    22) a;    23) d;    24) d;    25) c;    26) c;    27) a;    28) d;    29) c;    30) c;
     31) d;    32) e.

GENERAL AWARENESS PRACTICE MCQs

1.    Which country has been chosen to host the 2015 Commonwealth Heads of Government Meeting (CHOGM)?
     1) Mauritius     
2) Cyprus
     3) Malta     
4) Australia
     5) New Zealand
 2.    Who was named the Male World Athlete of the Year for the fifth time by the International Associ-ation of Athletics Federations (IAAF) in November 2013?
     1) Mo Farah (Great Britain)
     2) David Rudisha (Kenya)
     3) Usain Bolt (Jamaica)
     4) Dwight Phillips (USA)
     5) Yohan Blake (Jamaica)
 3.    Who was named the Female Wo-rld Athlete of the Year for 2013?
     1)    Valerie Adams (New Zealand)
     2)    Shelly-Ann Fraser-Pryce (Jamaica)
     3) Sandra Perkovic (Croatia)
     4) Svetlana Shkolina (Russia)
     5)    Zuzana Hejnova (Czech Republic)
 4.    Who will be honored with the Indira Gandhi Prize for Peace, Disarmament and Development for 2013?
     1) Christine Lagarde (France)
     2) Sheikh Hasina (Bangladesh)
     3)    Christina Fernandez (Argentina)
     4) Angela Merkel (Germany)
     5) Dilma Rousseff (Brazil)
 5.    Buxa Tiger reserve is in?
     1) Rajasthan    
2) Odisha
     3) Gujarat     
4) West Bengal
     5) Madhya Pradesh
 6.    Which of the following airlines of India sold 24 per cent stake to Etihad Airways for Rs. 2,069 crore in November 2013?
     1) Air India    
2) Jet Airways
     3) IndiGo    
 4) Air Deccan
     5) SpiceJet
 7.    Which cricketer created history with a record 546 runs in the Mumbai School Sports Associati-on's Harris Shield elite division match in Mumbai on November 20, 2013?
     1) Armaan Jaffer
     2) Sarfaraz Khan    
3) Prithvi Shaw
     4) Prashant Chopra
     5) None of these
 8.    British Nobel Prize winning author Doris Lessing passed away on November 17, 2013. She is the oldest recipient of the Nobel Prize in Literature. Which one of the following books is not written by her?
     1) The Grass is Singing
     2) Alfred and Emily
     3) The Good Terrorist
     4) The Golden Notebook
     5) Listening to Grasshoppers
 9.    Abdulla Yameen assumed office as the 6th President of which of the following countries on November 17, 2013?
     1) Bahrain     
2) Jordan
     3) Mali  
4) Maldives  
5) Morocco
 10.    Which country retained the Davis Cup tennis championships by beating Serbia 3-2 in the final in Belgrade in November 2013?
     1) Czech Republic
     2) Argentina     
3) Italy
     4) Switzerland     
5) Spain
 11.    India plans to have a nuclear power generation capacity of 63,000 MW by the year?
     1) 2020     
2) 2025
     3) 2032    
4) 2028    
5) 2038
 12.    The Supreme Court recently upheld the constitutional validity of the Government's decision allowing 51 per cent foreign direct investment (FDI) in which of the following sectors?
     1) Banking     
2) Insurance
     3) Single brand retail
     4) Multi brand retail    
5) Defense
 13.    Under the Nirmal Bharat Abhiyan (NBA) all rural households in India will have 100% access to sanitation by?
     1) 2022     
2) 2017
     3) 2020     
4) 2030     
5) 2018
 14.    Which of the following is not a pulse crop?
     1) Cow pea     
2) Green gram
     3) Pigeon pea     
4) Black gram
     5) Sesamum
 15.    According to the Telephone Reg-ulatory Authority of India(TRAI) data, which state has a total of 121.60 million mobile phone connections, the highest in India?
     1) Uttar Pradesh    
2) Tamil Nadu
     3) Maharashtra
     4) Andhra Pradesh    
5) Bihar
 16.    Which of the following statements is not correct?
     1)    Banking Ombudsman is appointed by the Reserve Bank of India
     2)    Interest on savings deposits is fixed by the respective banks
     3)    A non-performing asset is an asset that ceases to generate income
     4)    The target market for debit cards is all existing account holders
     5)    Interest below which a bank is not expected to lend to customers is known as Bank rate
 17.    Which of the following ensures that public funds are used efficiently and for intended purpose?
     1) Election Commission
     2) Planning Commission
     3) Finance Commission
     4)    Comptroller and Auditor General
     5)    National Development Council
 18.    The Reserve Bank of India acts as a bankers' bank. This would imply which of the following?
     1)    RBI lends funds to the commercial banks in times of need
     2)    RBI advises the commercial banks on monetary matters
 3)    Commercial banks retain their deposits with the RBI
     4)    Both 1 and 2
     5)    All 1, 2 and 3
 19.    Which of the following is the chief characteristic of mixed farming?
     1)    Cultivation of both cash crops and food crops
     2)    Cultivation of two or more crops in the same field
     3)    Rearing of animals and cultivation of crops together
     4)    Cultivation of both cereals and pulses
     5)    None of these
 20.    The Cottage and Village Industry Department of which of the following states bagged the United Nations Public Service Award for the year 2013 for its initiative named 'Graamin Haat'? (Graamin Haat was started with the aim of strengthening and empowering the women's self-help groups)
     1) Chhattisgarh     
2) Jharkhand
     3) Bihar     
4) Odisha
     5) Madhya Pradesh
 21.    Raha Moharrak is the youngest Arab woman to conquer Mount Everest. She is also the first woman from which of the following countries to climb Mount Everest?
     1) Kuwait     
2) Saudi Arabia
     3) Libya    
4) Yemen    
5) Syria
 22.    The fifth India, Brazil, South Africa (IBSA) Women's Forum meet was held in which of the following cities in May 2013?
     1) Mumbai     
2) Durban
     3) New Delhi    
 4) Brasilia
     5) Rio de Janeiro
 23.    India got observer status in which of the following in May 2013?
     1)    Shanghai Cooperation Organization
     2)    Association of South East Asian Nations
     3)    Asia Pacific Economic Cooperation
     4)    Arctic Council
     5)    North Atlantic Treaty Organization
 24.    Who chaired the committee that was set up to evolve a composite index to measure backwardness of states?
     1) Suresh Tendulkar
     2) D. Subbarao
     3) Raghuram Rajan
     4) Montek Singh Ahluwalia
     5) Bharat Ramaswami
 25.    The government constituted the National Skill Development Age-ncy(NSDA) as an autonomous body in June 2013. NSDA includes?
     1)    The Prime Minister's National Council on Skill Development (PMNCSD)
     2)    The National Skill Developm-ent Coordination Board (NSDCB)
     3)    The Office of the Adviser to the PM on Skill Development
     4)    Both 1and 2
     5)    All 1, 2 and 3
 26.    Which of the following countries is the biggest borrower of Asian Development Bank (ADB)?
     1) China     
2) Japan
     3) Vietnam    
4) South Korea
     5) India
 27.    Etihad Airways, one of the largest airlines, is based in?
     1) Kuwait     
2) Oman
     3) Malaysia     
4) Qatar
     5) Unites Arab Emirates
 28.    Which of the following companies became the biggest profit maker in 2012 by replacing Exx-on Mobil, according to the Fortu-ne magazine's Fortune 500 list?
     1) Wal-Mart
     2) Berkshire Hathaway
     3) Apple    
4) General Motors
     5) General Electric
 29.    Who won the Malaysia Open Badminton Grand Prix Gold title in May 2013?
     1) Saina Nehwal
     2) P.V. Sindhu    
3) Gutta Jwala
     4) Ashwini Ponnappa
     5) None of these
 30.    Which of the following stock exchanges launched an Islamic Equity Index in April 2013?
     1) NSE    
2) BSE
     3) CSE    
4) DSE
     5) None of these
 31.    New guidelines for Indira Awas Yojana (IAY) were issued on May13, 2013. Under this the allocation for each dwelling unit was increased from Rs 45,000 to?
     1) Rs 50,000    
2) Rs 60,000
     3) Rs 75,000     
4) Rs 1, 00,000
     5) Rs 90,000
 32.    ICDS Systems Strengthening and Nutrition Improvement Project (ISSNIP) was launched recently. It is assisted by the?
     1) ADB    
2) IMF
     3) WEF    
4) World Bank
     5) None of these
 33.    David Beckham retired from professional football recently. He played for?
     1) Argentina     
2) Spain
     3) England     
4) Italy
     5) Ireland
 34.    Curtis Cup is associated with?
     1) Polo    
2) Chess
     3) Billiards    
 4) Golf
     5) Motor Racing
 35.    Which of the following cups is also called the World Team Championships for Women in Badminton?
     1) Thomas Cup     
2) Uber Cup
     3) Fed Cup     
4) Corbillion Cup
     5) Confederations Cup
 36.    Lalgudi Jayaraman passed away recently. He is a renowned?
     1) Sitar player     
2) Tabla player
     3) Violinist
     4) Western classical musician
     5) Flautist
 37.    Who is the Chief Executive Officer of Guggenheim Digital Media?
     1) Marissa Mayer
     2) Sheryl Sandburg
     3) Ross Leinsohn
     4) Jeff Bezos    
5) Larry Page
 38.    Catherine Day is the current Secretary-General of?
     1) Commonwealth
      2) European Commission
     3) SAARC    
4) ASEAN
     5) APEC

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

GENERAL AWARENESS PRACTICE MCQs FOR BANK EXAMS

1.    What is the current MSF (Mar ginal Standing Facility) rate of RBI?
     a) 8.75%   
b) 9.00%     
c) 8.50%    
d) 9.25%  
e) None of the above
 2.    What are the charges for an Inward NEFT transaction to be paid by the Customer receiving the Funds?
     a) 1% of the Amount with a maximum of 250/-
     b)    NIL
     c)    10% of the Amount with a maximum of 2500/-
     d)    10%of the Amount with a maximum of 1500/-
     e)    None of the above
 3.    Wall Street is to USA what-
     a) Dalal Street is to India
     b) 10, Janpath is to India
     c) 7 Racecourse Road is to India
     d) Rajpath is to India
     e) None of the above
 4.    What is a Blue Chip in Stock Market terms?
     a)    Share of a Company dealing in Bottled Water business
     b)    Share of a Company dealing in Sea Food business
     c)    Share of a Company which is Financially sound
     d)    Share of a Company which is running losses
     e)    None of the above
 5.    What is the Rate of Interest paid by RBI to Banks on their CRR Balances with RBI?
     a) No Interest paid
     b) 3.5%
     c) 4 % less than the Repo Rate
     d) 4% less than the MSF Rate
     e) None of the above
 6.    National Food Security Bill 2013 aims to provide to each eligible person at subsidized rates, a minimum of?
     a)    50Kgs of Food grains per month
     b)    10Kgs of Food grains per month
     c)    25Kgs of Food grains per month
     d)    5Kgs of Food grains per month
     e)    None of the above
 7.    Indians & Indian Firms can not make investments in which of the following Countries?
     a) Canada   
b) UK   
c) Pakistan    
d) USA       
e) None
 8.    Who is the First Female Presi- dent of FICCI? She is also the First Indian Woman to graduate from Harvard Business School?
     a) Naina Lal Kidwai
     b) Chanda Kochar
     c) Arundhathi Bhattacharya
     d) Shymala Gopinath
     e) None of the above
 9.    What is India's place in Ran-kings related to Ease of Doing Business as per a Study conducted by World Bank& Inter national Finance Corporation (IFC)?
     a) 1st  of 189    
b) 174 out of 189
     c) 134 out of 189
     d) 154 out of 189
     e) None of the above
 10.    What is Bridge Finance?
     a)    Short  term loan given for Bridge construction Projects
     b)    Short term loan given pending sanction of  long term Finance
     c)    Short term loan given for bridging shortage of Food grains
     d)    Short term loan given for bridging shortage of Edible Oils
     e)    None of the above
 11.    Banks use LIBOR as base for Foreign Credit Interest Rates. What does LIBOR stand for?
     a) London Interbank Offered Rate
     b) Lloyds  Interest Offered Rate
     c) Leadbank Interest Offered Rate
     d) Lowest Interest Offered Rate
     e) None of the above
 12.    European Union is an Econo mic & Political union of some European Countries. Which of the following is NOT a member of European Union?
     a) United Kingdom(UK)
     b) Russia       
c) Switzerland
     d) 'a'&'c' of the above
     e) 'b'&'c' of the above
 13.    Financial Inclusion is one of the major initiatives taken by the Govt of India with regard to spreading Banking services to the people in unbanked areas.  Who headed the Com- mittee on Financial Inclusion whose recommendations were given in 2008?
     a) Kirit Parikh    
b) V K Shunglu
     c) Bimal Jalan    
d) C Rangarajan
     e) Kaushik Basu
 14.    What are the Pro-Women measures announced in the Annual Budget 2013-14?
     a)    Setting up of 'Nirbhaya Fund' for Safety and Security of Women
     b)    Setting up of a Committee for empowerment of Women
     c)    Setting up of a Public Sector Women's Bank
     d)    Setting up of a separate Fund for financing women entrepreneurs
     e)    'a' & 'c' of the above
 15.    Govt of India announced 2 new Major Ports to be constructed which will be notified under the Indian Ports Act 1908.  In which States these would be set up?
     a) Maharashtra & Gujarat
     b) Tamilnadu & Orissa
     c) Andhra Pradesh & West Bengal
     d) Karnataka & Kerala
     e) None of the above
 16.    Who is the current Chairman of SEBI?
     a) U K Sinha    
b) Y V Reddy
     c) S Damodaran
     d) Bimal Jalan     
e) None
 17.    The First Land-less Free District in the Country where every Family owns a piece of Land is?
     a) East Godavari in Andhra Pradesh
     b) Ludhiana in Panjab
     c) Madhurai in Tamilnadu
     d) Kannur in Kerala
     e) Rohtak in Haryana
 18.    How many Branches the newly formed all Women Bank  Bharatiya Mahila Bank proposes to have by March 31st, 2014?
     a) 25           
b) 100        
c) 1       
     d) 50        
e) None
 19.    As per Company Act 2013 what is the minimum number of members required to form a Private Limited Company?
     a) 7     
b) 2     
c) 1    
d) 12    
e) 5
 20.    Who is appointed as the First Female Managing Director (MD) of LIC of India?
     a) Usha Sangwan
     b) Arundadhati Bhattacharya
     c) Chanda Kochar
     d) Naina Lal Kidwai
     e) None of the above
 21.    What is the relationship bet- ween a Bank and it's Depo-sitor?
     a) Agent - Principal
     b) Debtor - Creditor
     c) Trustee - Beneficiary
     d) Indemnifier    - Indemnified
     e) Guarantor - Guaranteed
 22.    Who signs a 10/- Rupee Note?
     a) Finance Minister
     b) SBI Chairman
     c) RBI Governor
     d) Prime Minister
     e) None of the above
 23.    What is the Official Currency of Russia?
     a) Russian Rouble
     b) Russian Kopek
     c) Russian Dollar
     d) Russian Peso
     e) None of the above
 24.    When the cost of Vegetables and Food grains almost doubles in Three Months, it can be assumed that the Economy is in a state of?
     a) Deflation       
b) Inflation
     c) Contraction     
d) Stagflation
     e) Stable
 25.    Banks do not issue Cheque Books to which of the following Accounts?
     a) Fixed Deposit Account
     b) Minor Self Operated Savings Account
     c) Recurring Deposit Account
     d) 'b'&'c' of the above
     e) 'a','b'&'c' of the above
 26.    Buy now, Pay now refers to?
     a) Credit Card   
b) Debit Card
     c) Fixed Deposit
     d) 'a'&'c' of the above
     e) None of the above
 27.    Two Associate Banks, State Bank of Saurashtra & State Bank of Indore were earlier merged with SBI. At present SBI has got how many Associate Banks?
     a) Three       
b) Seven
     c) Five    
d) Four    
e) Six
 28.    Hangseng is?
     a) Taiwan Stock Exchange Index
     b) Hong Kong Stock Exchange Index
     c) South Korea Stock Exchange     Index
     d) Central Bank of Hong Kong
     e) None of the above
 29.    RBI derives it's powers to Print Currency Notes from the?
     a) RBI(Reserve Bank of India) Act 1934
     b) NI(Negotiable Instruments) Act 1881
     c) BR(Banking Regulation) Act  1949
     d) Coinage Act 1906
     e) None of the above
 30.    Who has been elected as a member of (United Nations) UN Board of Auditors in the first week of November, 2013?
     a)    Comptroller and Auditor General(C&AG) of India
     b)    Central Board of Direct Taxes) CBDT Chairman
     c)    RBI Governor
     d)    Finance Secretary of India
     e)    None of the above
 31.    As per Forbes' Annual list of India's 100 richest, who is the India's wealthiest person?
     a)    Sunil Mittal of Bharti group
     b)    Azim Premji of Wipro
     c)    Narayana Murthy of Infosys
     d)    Mukesh Ambani of Reliance group
     e) Cyrus Mistry of TATAs
 32.    Which State has the highest Per-capita income in India?
     a) Punjab   
 b) Kerala
     c) Delhi    
d) Maharashtra
     e) Haryana
 33.    EMI (Equated Monthly Instal-ment) is used for Loan repayments.  EMI consists of repayment towards?
     a) Principal only
     b) Interest & Principal only
     c) Interest only
     d) Processing Charges only
     e) None of the above
 34.    Which State tops in India in Sugar production?
     a) Tamilnadu         
b) A.P.
     c) Uttar Pradesh    
d) Punjab
     e) None of the above
 35.    What is a Crop Holiday?
     a)    Postponing Crop sowing for a few days
     b)    Postponing Crop Loan repayments
     c)    Not growing Crops during a growing season
     d)    Postponing Crop Harvesting for a few days
     e)    None of the above
 36.    Committee to re-examine Prio-rity Sector Lending submitted it's report in February 2012.  Who headed the Committee?
     a) Bimal Jalan       
b) V K Shunglu
     c) C Rangarajan  
d) M V Nair
     e) None of the above
 37.    Name the organization set up for operating and overseeing Retail Payment Systems in India?
     a)    NPSI(National Payments Systems of India)
     b)    NRPC(National Retail Pay ments Corporation)
     c)    NPCI(National Payments Corporation of India)
     d)    NRSI(National Retail Sys-tems of India)
     e)    None of the above
 38.    What is Dhan Aadhar Card?
     a)    First Aadhar Card under Direct Cash Transfer Scheme
     b)    First Kisan Credit Card issued by SBI
     c)    First ATM/Micro ATM Card with Aadhar Number issued by Bank of India
     d)    First MSME Credit Card issued by Bank of India
     e)    None of the above

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