IBPS GENERAL AWARENESS PRACTICE QUESTIONS

1.    An account holder draws a cheque on a?
     a) Banker of the Payee
     b) Banker of the Drawee
     c) Banker of the Drawer
     d) Banker of the Endorsee    
     e) None of the above
 2.    The Bank should comply and intimate the compliance of Award to Ombudsman?
     a) Within Two Months
     b) Within 3 months
     c) Within one month
     d) Within one year
     e) None
 3.    Capital adequacy is worked out based on?
     a) Total demand and time liabi-lities
     b) Net demand and time assets
     c) Risk weighted assets
     d) Risk weighted liabilities                                                  
     e) None of the above
 4.    Statutory Liquidity Ratio (SLR) can be maintained in the follow ing ways?
     a) Cash    
b)  Gold
     c) Unencumbered approved se- curities
     d) All of these
     e) None of the above
 5.    What was the deposits criteria of 14 Banks nationalized on 19th July 1969?
     a) Rs.1000 Crore
     b) Rs. 500 Crore
     c) Rs. 100 Crore
     d) Rs. 50 Crore
     e) None of the above
 6.    What are the features of sele-ctive credit control?
     a)    They distinguish between ess- ential and non-essential uses of Bank credit
     b)    Only non-essential uses are brought under the scope of Credit Bank controls
     c)    They effect not only the lenders but also the borrowers
     d)    All the above
     e)    None of the above
 7.    Which of the following are the targets for different categories of priority sector?
     a)    Overall target 40% of net Bank credit
     b)     Agriculture loans (direct and indirect) 18%
     c)    Priority sector target for foreign Banks is 32%
     d)     All the above
     e)     None of the above
 8.    Benefits in core Banking is ?
     a)    Reliable centralised data recovery
     b)    Data warehousing and data mining technologies
     c)    Integrated customer centric services
     d)    None            
e) All the above
 9.    Cheque truncation can be done by?
     a) Using MICR data
     b) Sending cheque by speed post
     c) Using image processing
     d) a&c
     e) None of the above
 10.    Bank rate is decided by?
     a) Indian bank association
     b) Individual commercial bank
     c) Finance ministry
     d) Any one of the above can decide
     e) None of the above
 11.    What is nomination?      
     a) A facility given to depositors by the Government
     b) It confers a right to the nomi-nee to receive payment of a deposit after death of de- positors
     c) It is a process of appointing legal heir by the depositors
     d) It is a part of will on behalf of a depositor
     e) None of the above
 12.    BFS- Board for Financial Supervision constituted in 1994 by RBI to undertake consoli-dated supervision of?
     a) Commercial Banks
     b) Financial Institutions
     c) Non Banking Finance Companies
     d) None of the above
     e) All the above
 13.    'One Family one Bank' is the tagline of which Bank?
     a) Bank of India
     b) Indian Bank
     c) Bank of Maharastra
     d) Union Bank of India
     e) None of the above
 14.    Research Institutions set up by Reserve Bank of India are?
     a)    IDRBT (Institute for Deve- lopment and Research in Ban- king Technology), Hyderabad
     b)    IGIDR(Indira Gandhi Insti- tute of Development Resea-rch), Mumbai
     c)    NIBM (National Institute of Bank Management), Pune
     d)    Only a & b
     e)    All the above
 15.    Who is the Chairman of the Technical Committee formed to make a study on improve- ment in Mobile Banking:
     a) Bimal Jalan
     b) Rahuram Rajan
     c) B Sambamurthy
     d) Pulak Kumar Sinha
     e) None of the above
 16.    A depositor wants to give nom-ination in favour of a Needy Charitable Trust Is it accep- table to the banker?
     a)    Yes, any one can be a nominee
     b)    No Only a blood relative should be a nominee
     c)    As per the discretion of the Branch Manager
     d)    No, as per Nomination Guide lines only Individuals can be nominated as Nominee and not institutions
     e)    None of the above
 17.    Who is the Chairman of SEBI?
     a) UK Sinha     
b) TS Vijayan
     c) KR Kamat    
d) HR Khan
     e) None of the above
 18.    Which of the following is  not an India based credit rating agency?
     a) CRISIL    
b) CARE
     c) Standard & Poor
     d) ICRA
     e) None of the above
 19.    Subsidiaries of RBI are?
     a)    NABARD (National Bank for Agriculture and Rural Deve lopment)
     b)    NHB (National Housing Bank)
     c)    DICGC (Deposit Insurance and Credit Guarantee Corpo ration of India)
     d)    BRBNMPL(Bharatiya Reserve Bank Note Mudran Private Limited)
     e)    All the above
 20.    CRAR stands for?
     a)    Capital Restructure Asset Ratio
     b)    Credit Report on Agriculture Research
     c)    Capital to Risk-weighted Assets Ratio
     d)    Capital intensive Rural & Agriculture Research
     e)    None of the above
 21.    SEBI, a regulator of Securities Market in India was established in the year 1988 but  was empowered with Statutory Powers in the form of Act  in the year?
     a) 1990    
b) 1991
     c) 1992    
d) 1993
     e) None of the above    
 22.    Name the Premier Institution that is taking care of the financial   needs of importers and exporters of our country which was established in the year 1981?
     a) EXPO BANK
     b) Export-Import Bank(EXIM)    
     c) Merchant Bank
     d) ECGC
     e) None of the above
 23.    SMERA is  an  SME Rating Agency in India meant for?
 a)    Rating on credit worthiness of MSME
 b)    Rating on Quality Management
 c)    Rating on Training System
 d)    Rating on Technology usage in the organization
 e)    None of the above
 24.    Which of the following is  not insured by the DICGC?
     a) All Indian commercial Banks  
     b) Foreign Banks branches           
           functioning in India
     c) Local Area Banks
     d) Cooperative Banks
     e) Primary cooperative societies
 25.    FIPB stands for?
     a)    Foreign Investment Permane nt Board
     b)    Foreign Industrial Promotion Board
     c)    Foreign Investment Promo tion Board
     d)    Financial Investment Promo tion Board
     e)    None of the above
 26.    Which of the following is not a feature of Recurring Deposit Account?
     a)    Rate of interest will be higher than Savings Bank Account
     b)    Loan facility is available on Recurring Deposit
     c)    No TDS on the interest earned
     d)    Premature closure of the Recurring Deposit Account is not allowed
     e)    None of the above
 27.    Overdraft is normally allowed in which of the following deposit accounts?
     a) Recurring Deposit
     b) Fixed Deposit
     c) Savings deposit
     d) Current Deposit
     e) None of the above
 28    Name the Chairman of the Committee formed by Govern ment, who had recommended measures to boost export from the MSME Sector?
     a) Raghuram Rajan
     b) T.S. Vijayan
     c) R.S. Gujral
     d) U.K. Sinha
     e) None of the above
 29.    CGTMSE stands for?
     a)    Central  Government Fund Trust for Medium and Small Enterprises
     b)    Credit Guarantee Fund for  Medium Size Enterprises
     c)    Central Government Transfer Fund for Multispecialty Mic- ro Enterprises
     d)    Credit Guarantee Fund Trust for Micro and Small Enter-prises
     e)    None of the above
 30.    Person of Indian Origin means, a Foreign citizen (other than Bangladesh and Pakistan) who fulfils the following criteria?
     a)    Held an Indian Passport at any time in the past,
     b)    He or either of his parents or any of his Grand parents was a citizen of India,
     c)    The Spouse of an Indian citizen or Person of Indian origin
     d)    None of the above
     e)    All the above
 31.    Which of the following is not true in case of SARFAESI Act 2002?
     a)    Banks can take action of recovery of loan, in case of NPA, without intervention of court
     b)    Minimum Rs 1.00 lac overdue should be in the loan account
     c)    Sixty days notice to be given under the Act to the defaulted borrower
     d)    SARFAESI Act can be implemented even if one installment in term loan is overdue.
     e)    All the above
 32.    Foreign Currency Non-Resi- dent Account can be opened in the form of?
     a) Current Account
     b) Term Deposit only
     c) Recurring deposit
     d) Savings Deposit only
     e) All the above
 33.    Who is a very senior citizen?
     a)    A person who is 65 years  and above
     b)    A person who is 75 years  and above
     c)    A person who is 80 years  and above
     d)    A person who is 90 years  and above
     e)    A  person who completed 100 years of age

 Answers:

 1) c      2) c        3) c     4)  d      5) d       6) d    7) d    8) e      9) d     10) e     
11) b     12) e    13) c    14) e     15) c    16) d   17) a    18) c    19) e    20) c
 21) c    22) b     23) a    24) e    25) c    26) d    27) d    28) c   29) d     30) e    31) d    32) b33) c

GENERAL AWARENESS PRACTICE MCQs FOR IBPS EXAMS

1.    Neeraj Sahai, an Indian-Ameri-can, has been appointed President of which of the following ratings firms? 
     1) Moody's Investor Service
     2) Fitch Ratings
     3) CRISIL
     4) Standard & Poor's
     5) None of these
 2.    Sachin Tendulkar has been named the brand ambassador for South Asia by which of the following organizations to promote hygiene and sanitation in the region?
     1) UNESCO     
2) UNICEF
     3) UNEP     
4) UNDP
     5) World Health Organization
 3.    Which of the following firms has withdrawn its application for a new bank license?
     1) Aditya Birla Nuvo
     2) Bajaj Finserve
     3) Tata Sons    
4) L&T Finance
     5) IndiaBulls
 4.    The Chief Justice of India P.Sathasivam has constituted a 10-member Gender Sensitization and Internal Complaints Commi-ttee (GSICC) in the Supreme Court to receive and decide complaints against sexual harassment. It will be headed by?
     1) Justice Gyan Sudha Misra
     2) Justice Usha Mehra
     3) Justice T. Meena Kumari
     4) Justice Ranjana Desai
     5) None of these
 5.    Who will take charge from Naina Lal Kidwai as the President of the Federation of Indian Chambers of Commerce and Industry (FICCI) on December 21, 2013?
     1) Jyotsna Suri
     2) Arbind Prasad
     3) R.V. Kanoria
     4) Alwyn Didar Singh
     5) Siddharth Birla
 6.    The Gross Domestic Product (GDP) for the second quarter (July-September) of the current financial year grew at?
     1) 4%    
2) 4.8%
     3) 5.2%     
4) 4.4%
     5) 4.5%
 7.    Who took charge as the new Chief of the Army Staff of Pakistan on November 29, 2013? 
     1) Raheel Sharif
     2) Rashid Mehmood
     3) Haroon Aslam
     4) Khalid Shameen Wynne
     5) None of these
 8.    Valdis Dombrovskis resigned on November 27, 2013 over the deadly collapse of a supermarket. He was the Prime Minister of?
     1) Croatia     
2) Latvia
     3) Estonia     
4) Lithuania
     5) Ukraine
 9.    Justice Tassaduq Jillani will be the next Chief Justice of the Supreme Court of?
     1) Bangladesh     
2) Iran
     3) Pakistan     
4) Afghanistan
     5) Iraq
 10.    In the second quarter (July-September) of the current financial year which sector grew 4.6% compared to 2.7% in the first quarter?
     1) Agriculture
     2) Electricity Production
     3) Manufacturing
     4) Construction    
5) Services
 11.    The classical language status was granted to?
     1) Tamil and Telugu
     2) Tamil and Kannada
     3) Tamil, Telugu and Kannada
     4) Telugu and Kannada
     5)    Tamil, Telugu, Kannada and Malayalam
 12.    The first fighter plane base of the Indian Air Force in the southern peninsula was inaugurated recently in?
     1) Thanjavur, Tamil Nadu
     2) Virudhunagar, Tamil Nadu
     3) Nagapattinam,Tamil Nadu
     4) Kollam, Kerala
     5) Idukki, Kerala
 13.    The Drug Prices Control Order (DPCO) 2013 came into effect recently. It lowered the prices of how many essential drugs?
     1) 74    
2) 348
     3) 454     
4) 241
     5) 311
 14.    The Cabinet Committee on Economic Affairs (CCEA) has approv-ed the proposal of the Ministry of Shipping for setting up a new major port at Sagar Island in?
     1) Goa    
2) Gujarat
     3) Odisha     
4) West Bengal
     5) Maharashtra
 15.    Sri Lanka opened a $500 million container terminal at Colombo Port in August 2013. It was built by?
     1) India    
2) Pakistan
     3) China     
4) USA
     5) Belgium
 16.    Which of the following political parties is led by former cricketer Imran Khan?
     1) Pakistan Muslim League-N
     2) Pakistan People's Party
     3) Pakistan Tehreek-e-Insaf
     4) Awami League
     5) None of these
 17.    The 50th anniversary of which of the following organizations was celebrated in May 2013?
     1)    North Atlantic Treaty Organization
     2)    World Trade Organization
     3)    Organization of African Unity /African Union
     4)    Association of South East Asian Nations
     5)    South Asian Association for Regional Cooperation
 18.    Kyrgyzstan has announced that it would shut Manas Air Base by July 2014. Manas Air Base is primarily operated by which of the following countries?
     1) Russia     
2) USA
     3) France    
 4) Afghanistan
     5) Pakistan
 19.    Which is the world's largest supplier of drones that are also known as unmanned aerial vehicles (UAVs)?
     1) USA     
2) Germany
     3) UK     
4) Israel
     5) China
 20.    Which of the following schemes is implemented by the Govern-ment of India for the welfare of disabled persons?
     1) DDRS    
2) JNNURM
     3) IAY     
4) DPAP
     5) RAY
 21.    On May 23, 2013 who became the oldest person to reach the summit of Mount Everest at the age of 80?
     1) Yuichiro Miura (Japan)
     2) Conrad Anker (USA)
     3) Peter Athans (USA)
     4) Anna Czerwinska (Poland)
     5) Wang Fuzhou (China)
 22.    Arunima Sinha is the?
     1)    Youngest Indian to climb Mount Everest
     2)    Youngest Indian woman to climb Mount Everest
     3)    First woman in the world to climb Mount Everest twice in less than a year
     4)    First Indian woman to ascend Mount Everest
     5)    First Indian amputee to climb Mount Everest
 23.    Alex Ferguson retired recently. He is regarded as one of the most admired managers in the history of Football. He was the manager of which of the following football clubs from 1986 to 2013?
     1) Arsenal     
2) Chelsea
     3) Manchester United
     4) Blackburn Rovers
     5) Manchester City
 24.    WorldFloat is an Indian social networking site launched by?
     1) Pushkar Mahatta
     2) Sabir Bhatia
     3) Shantanu Narayan
     4) Phaneesh Murthy
     5) Rajat Gupta
 25.    Eesha Khare, an Indian-American teenager, invented a super capacitor device that could charge cell phones in less than 20 seconds. Eesha Khare was awarded the?
     1)    ISRO Young Scientist Award
     2)    Intel Foundation Young Scientist Award
     3)    United Nations Public Service Award
     4)    Whitley Award
     5)    Shanti Swarup Bhatnagar Award
 26.    Micro, Small and Medium Enterprises (MSME) sector contributes what per cent to India's Gross Domestic Product?
     1) 40%    
2) 10%
     3) 14%     
4) 8%    
5) 5%
 27.    Which of the following retailers has a partnership with Tata Group's Trent?
     1) Wal-Mart     
2) IKEA
     3) Carrefour     
4) Tesco
     5) Metro
 28.    "Lean In: Women, Work and the Will to Lead" is written by?
     1) Sheryl Sandberg
     2) Padmasree Warrior
     3) Ginni Rometty
     4) Marissa Mayer
     5) Indra Nooyi
 29.    The Government has set up a committee to suggest measures to boost Micro, Small and Medium Enterprises (MSME) exports under the Chairmanship of?
     1) S.R.Rao     
2) Sumit Bose
     3) Madhav Lal     
4) Rajiv Takru
     5) R.S. Gujral
 30.    Which of the following is not a land locked state?
     1) Bihar     
2) Jharkhand
     3) Chhattisgarh    
4) Mizoram
     5) Odisha
 31.    Countries and their intelligence agencies are given below. Identify the mismatched pair?
     1) USA -- CIA    
2) UK -MI6
     3) France - Mossad
     4) India - RAW    
5) Pakistan - ISI
 32.    Loya Jirga is an assembly of reg-ional leaders and tribal chiefs in?
     1) Afghanistan    
2) Pakistan
     3) Iran     
4) Iraq
     5) Kazakhstan
 33.    The Bharatiya Mahila Bank is headquartered in?
     1) Mumbai     
2) Kolkata
     3) New Delhi     
4) Chennai
     5) Jaipur
 34.    The Indian Farmers Fertilizer Cooperative Limited (IFFCO) has signed an agreement with Vale SA for sourcing rock phosphate. Vale SA is a metals and mining company based in?
     1) Russia     
2) South Africa
     3) USA     
4) Brazil
     5) Mexico
 35.    Which mobile operating system today has the largest share in global smartphone market?
     1) Blackberry OS
     2) Apple iOS    
3) Symbian OS
     4) Windows Phone OS
     5) Android OS
 36.    The United States of America dropped the first atom bomb on Hiroshima on?
     1) May 13, 1945
     2) May 9, 1945
     3) May 25, 1945
     4) August 6, 1945
     5) August 9, 1945
 37.    Which of the following states do-es not have bicameral legislature?
     1) Bihar     
2) Uttar Pradesh
     3) Maharashtra
     4) Andhra Pradesh
     5) Madhya Pradesh
 38.    The capital of Arunachal Pradesh is?
     1) Imphal     
2) Aizawl
     3) Agartala     
4) Shillong
     5) Itanagar
 39.    'An Ashes Summer' is co-written by?
     1) Steve Waugh, Mike Atherton
     2) Mark Taylor, Mike Atherton
     3) Steve Waugh, Nasser Hussain
     4) Michael Clarke, Alastair Cook
     5)    Ricky Ponting, Andrew Strauss

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

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.