GENERAL AWARENESS PRACTICE MCQs FOR IBPS EXAMS

1.    Who was appointed as the Finance Secretary in December 2013? 
     1) Arvind Mayaram
     2) Ratan Watal
     3) V.R. Sadasivam
     4) Rajiv Takru
     5) Sumit Bose
 2.    India clinched the women's Kabaddi world cup championship for the third time in a row. India defeated which of the following countries in the final match played in Jalandhar on December 12, 2013?
     1) England
     2) New Zealand
     3) Pakistan
     4) Iran
     5) Kenya
 3.    Which sportsperson's autobiography is titled 'Unbreakable'?
     1) Saina Nehwal
     2) Sania Mirza
     3) Mary Kom
     4) Mithali Raj
     5) Dipika Pallikal
 4.    Who was named TIME magazine's Person of the Year in December 2013?
     1) Bashar al-Assad (Syria)
     2) Ted Cruz (USA)
     3) Barack Obama (USA)
     4) Pope Francis (Argentina)
     5) Edith Windsor (USA)
 5.    The Bharatiya Janata Party's leader Raman Singh was sworn in as the Chief Minister of Chhattisgarh on December 12,2013 for the?
     1) First term
     2) Second term
     3)  Third term
     4) Fourth term
     5) Fifth term
 6.    Who won the 2013 United Nations Human Rights Prize on December 10, 2013 which is bestowed every five years?
     1) Biram Dah Abeid (Mauritania)
     2) Liisa Kauppinen (Finland)
     3) Khadija Ryadi (Morocco)
     4) Malala Yousafzai (Pakistan)    
5) All the above
 7.    Doha Bank will open its first branch in India in Mumbai in 2014-15 to offer diversified banking services. Doha Bank is the largest private commercial bank in?
     1) Kuwait    
2) UAE
     3) Saudi Arabia    
     4) Qatar    
5) Oman
 8.    Who became the fastest batsman to reach 4,000 runs (81 innings) in one day international cricket breaking the record of Sir Vivian Richards in December 2013?
     1) Virat Kohli (India)
 2) Brendon McCullum (New Zealand)
     3) Hashim Amla (South Africa)   
     4) Chris Gayle (West Indies)   
     5) Ross Taylor (New Zealand)         
 9.    Who was declared The Guardian's "Person of the Year" for 2013?
     1) Marco Weber (Switzerland)
     2) Waris Dirie (Somalia)
     3) Sini Saarela (Finland)
     4) Edward Snowden (USA)   
     5) Julian Assange (Australia)
 10. Frederick Sanger of England died on November 19, 2013. He won the Nobel Prize in which of the following subjects twice, in 1958 and 1980?
     1) Economics
     2) Medicine    
     3) Literature
     4) Physics    
     5) Chemistry
 11.    There were over 140 Centrally Sponsored Schemes (CSS) in the 11th Five-Year plan. In the 12th Five-Year Plan these schemes will be condensed to?
     1) 66    
2) 78      
3) 102    
     4)  85    
5) None of these
 12.    The Prime Minister Manmohan Singh recently laid foundation stone of the 850 MW Ratle hydro-electric power plant on the River?
     1) Sindh    
2) Chenab
     3) Jhelum    
4) Alaknanda
     5) Beas
 13.    The Central Government has launched Roshni, the placement linked skill-development scheme in the?
     1) Drought affected areas
     2) Floods affected areas
     3) Maoist affected areas
     4) Terrorist affected areas
     5) Communally sensitive areas
 14.    Which country is planning to build a canal linking the Pacific and the Atlantic oceans?
     1) Cuba    
2) USA
     3) Argentina    
     4) Nicaragua  
     5) Honduras  
 15.    As per the CRISIL index which of the following have emerged on top on the parameters of financial inclusion?
     1) Eastern states
     2) North Eastern states
     3) Western states
     4) Southern states
     5) Northern states
 16.    Priority sector lending by banks in India constitutes the lending to?
     1) Agriculture
     2) Weaker sections  
     3) Micro and Small Enterprises         
     4) Both 1 and 2
     5) All 1, 2 and 3
 17.    The National Development Council does not include?
     1) The Prime Minister    
     2) Ministers of Union Cabinet
     3) Chief Ministers of all the States
 4) Members of the Planning Commission
 5)    The Chairman, Finance Commission
 18.    Japan has pledged to invest one billion dollars for strengthening social systems and security in the conflict-stricken Sahel region in?
     1) Asia    
2) Africa
     3) North America
     4) South America
     5) Central America
 19.    The 10th Commonwealth Women Affairs Ministers' Meeting was held in Dhaka recently. It was attended by?
     1) Girija Vyas
     2) Kumari Selja
     3) Krishna Tirath
     4) Jayanthi Natarajan
     5) Chandresh Kumari Katoch
 20.    Identify the mismatched pair?
     1) Rahi Sarnobat - Shooting
     2) Parimarjan Negi - Chess
     3) Rupesh Shah - Billiards
     4) K.Srikanth - Badminton
     5) Sudha Singh - Boxing
 21.    The annual "Doing Business" report is published by?
     1) World Bank
     2) Asian Development Bank
     3) International Monetary Fund
     4) World Economic Forum
     5) World Trade Organization
 22.    Which of the following is not a classical language?
     1) Sanskrit
     2) Kannada
     3) Tamil
     4) Malayalam
     5) Bengali
 23.    'UMEED' scheme aims to empower women in?
     1) Uttar Pradesh
     2) Punjab    
     3) Jammu& Kashmir
     4) Haryana    
     5) None of these
 24.    The Commodities Transaction Tax (CTT) which is applicable only for non-agricultural commodities is effective from?
     1) April1, 2013
     2) May1, 2013
     3) June1, 2013
     4) July 1, 2013
     5) None of these
 25.    Who won the Warwick Prize for Writing for the book 'Memorial' in September 2013?
     1) Alice Oswald
     2) Julian Barnes
     3) Amitav Ghosh
     4) Robert Gray
     5) Etgar Keret
 26.    Which of the following days is celebrated as Nelson Mandela International Day?
     1) December 5    
     2) July 11    
     3) December 10
     4) July 18    
5) July 12
 27.    Who was recently honored with the Nomura Award in Singapore for her humanitarian works?
     1) Kiran Bedi
     2) Medha Patkar
     3) Arundhathi Roy
     4) Neelima Misra
     5) Ela Bhatt
 28.    T.M. Soundararajan passed away recently. He was a famous?    1) Tamil actor
     2) Academician    
3) Athlete    
     4) Playback singer
     5) Poet
 29.    T.C.A. Raghavan has been appointed as Indian High Commissioner to?
     1) UK    
2) Canada
     3) Pakistan    
     4) Bangladesh
     5) New Zealand
 30.    K.T. Francis passed away recently. He was a cricket umpire from?
     1) England    
     2) Sri Lanka
     3) India    
     4) Australia
     5) West Indies
 31.    The President of India, Pranab Mukherjee, recently laid the foundation stone of Atal Bihari Vajpayee Hindi University at?
     1) Bhopal    
2) Patna
     3) Gandhinagar    
4) Raipur
     5) Ranchi
 32.    The permanent headquarters of National Commission for Women (NCW) in New Delhi is known as?
     1) Mahila Bhawan
     2) Nirbhaya Bhawan
     3) Indira Bhawan
     4) Sabla Bhawan
     5) Sarojini Bhawan
 33.    Which country has gifted a statue of Saraswati, the Hindu goddess of education and wisdom, to USA?
     1) India    
2) Bangladesh
     3) Indonesia    
4) Cambodia
     5) Thailand
 34.    NOFHC stands for?
 1)    Non Operational Fiscal Holding Company
 2)    Non Operative Financial Holding Company
 3)    New Operational Financial Hedge Corporation
 4)    New Outsourcing Fund of Hedge Companies
 5)    None of these
 35.    A short term RRB Credit Refinance Fund is set up to enhance the capacity of Regional Rural Banks to disburse short term crop loans to the small and marginal farmers. It is set up by?
     1) RBI    
2) SEBI
     3) SIDBI    
4) SBI
     5) NABARD
 36.    Who invented mechanical calculator, a device used to perform automatically the basic operations of arithmetic, in 1642?
     1) Marconi
     2) Charles Babbage
     3) Isaac Newton
     4) Blaise Pascal
     5) None of these
 37.    Identify the correct statement?
 1)    The General Anti Avoidance Rules (GAAR) comes into force on April 1, 2014
 2)    Five Year Plans are monitored by the Inter State Council
 3)    "Fault Lines: How Hidden Fractures Still Threaten the World Economy" is written by Amartya Sen
 4)    SBI has launched the first white label ATM (WLA) in India    
 5)    Sunderbans is located in West Bengal
 38.    India's first indigenous aircraft carrier was launched at Kochi shipyard in August 2013. It is?
     1) INS Vikramaditya
     2) INS Shivalik
     3) INS Vikrant
     4) INS Arihant  
     5) None of these
 39.    The graphic biography of which of the following greatest sportspersons was launched on August 29, 2013? 
     1) Sachin Tendulkar
     2) Viswanathan Anand
     3) Sunil Gavaskar
     4) Dhyan Chand
     5) Milkha Singh
 40. According to the annual Global Competitiveness Report 2013-14 which is released by the Geneva-based World Economic Forum recently, India's rank is?
     1) 60     
2) 45      
3) 54    
     4) 31          
5) 75

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

GENERAL AWARENESS PRACTICE MCQs

1.    Who defeated Sheila Dikshit, the three-time Chief Minister of Delhi in the New Delhi assembly constituency which she had held for 15 years, in December 2013?
     1) Harsh Vardhan
     2) Manish Sisodia
     3) Jagdeep Singh
     4) Pradyuman Rajput
     5) Arvind Kejriwal
 2.    Nelson Mandela, South Afri-ca’s first black President, died at the age of 95 years on December 5, 2013. In 1993, Mandela was awarded the Nobel Peace Prize along with?
     1) Fidel Castro 
2) F.W. de Klerk
     3) Oliver Tambo
     4) Yasser Arafat
     5) Desmond Tutu
 3.    Who will succeed Deepak Sandhu as the next Chief Infor- mation Commissioner (CIC) of India?
     1) Sudha Sharma
     2) Satyanand Misra
     3) Sushma Singh
     4) Sujatha Singh
     5) Sanjay Baru
 4.    Who was crowned Miss Earth 2013 in Muntinlupa City, Phili- ppines on December 7, 2013?
     1) Katia Wagner (Austria)
     2) Catharina Choi (South Korea)
     3) Kristal Silva (Mexico)
     4) Alyz Henrich (Venezuela)
     5) Punika Kulsoontornrut (Thailand)
 5.    Who represented India in the Miss Earth beauty pageant in Philippines in December 2013?
     1) Navneet Kaur Dhillon
     2) Manasi Moghe
     3)  Shobita Dhulipala
     4) Neena Davuluri
     5) Vasuki Sunkavalli
 6.    Who was reappointed as the Director General of Organi-zation for the Prohibition of Chemical Weapons (OPCW) in December 2013?
     1) Yukia Amano
     2) Roberto Azvedo
     3) Ahmet Uzumcu
     4) Anthony Lake
     5) Irina Bokova
 7.    Which country has won the right to host the 2017 Under-17 FIFA World Cup Football?
     1) Ireland    
2) South Africa
     3) Uzbekistan    
4) India
     5) Japan
 8.    The official ball to be used in the 2014 Football World Cup was unveiled in Rio de Janeiro in December 2013. It is called?
     1) Jabulani   
 2) Selecao
     3) Brazuca     
4) Bossa Nova
     5) Cuiaba
 9.    Nabil Fahmy visited India in December 2013. He is the Foreign Minister of?
     1) Pakistan    
2) Egypt
     3) Libya    
4) Lebanon
     5) Iran
 10.    Who is the only woman to have been first lady of two different countries, serving as the First Lady of Mozambique from 1975 to 1986 and the First Lady of South Africa from 1998 to 1999?
     1) Winnie Mandela
     2) Zanele Mbeki
     3) Graca Machel
     4) Marcelina Chissano
     5) Maria da Luz Guebuza
 11.    Mount McKinley is the highest mountain peak in?
     1) North America
     2) South America    
3) Africa    
4)  Australia            
5) Europe
 12.    Who became the first Indian woman to scale the seven continental peaks after climbing McKinley peak in May 2013?
     1) Arunima Sinha
     2) Premlata Agrawal
     3) Bachendri Pal
     4) Santoshi Yadav
     5) None of these
 13.    President Pranab Mukherjee inaugurated Oil and Natural Gas Corporation’s mega power project in June 2013 in Pala-tana in?
     1) Assam          
2) Tripura
     3) West Bengal
     4) Arunachal Pradesh
     5) Meghalaya
 14.    Which of the following organizations has designated Nicobar Islands as a world biosphere reserve under its ‘Man and Biosphere Program’ (MAB)?
     1) WIPO    
2) UNICEF
     3) UNESCO    
4) WMO
     5) IPCC
 15.    Indian philanthropist Binde- shwar Pathak received the Legend of Planet award in Paris in June 2013. He is the founder of?
     1) Child Relief and You
     2) SEWA
     3) Chipko Movement
     4) IVDP
     5) Sulabh International
 16.    Chamoli, Rudraprayag and Pithoragarh districts were ravaged in the recent floods. They are in?
     1) Uttar Pradesh  
2) Odisha
     3) Bihar        
4) Uttarakhand
     5) West Bengal
 17.    Which of the following is the currency of Brazil?
     1) Peso    
2) Dollar
     3) Franc    
4) Pound
     5) Real
 18.    SEBI has appointed a committee on Rationalization of Inves- tment Routes and Monitoring of Foreign Portfolio Invest-ments under the Chairmanship of ?
     1) K.M. Chandrasekhar
     2) U.K. Sinha      
3) Y.V. Reddy
     4) R. Damodaran
     5) None of these
 19.    India's first Technical University for women was inaugurated in June 2013 in?
     1) Delhi    
2) Mumbai
     3) Hyderabad    
4) Jaipur
     5) Chennai
 20.    According to the Times Higher Education magazine Pohang University of Science &Tech nology, also known as POS TECH, has topped the rankings of the world’s top 100 universities under 50 years old. POSTECH is in?
     1) Singapore    
2) South Korea
     3) Vietnam   
 4) Thailand
     5) China
 21.    Which of the following is the longest river in Europe?
     1) Danube     
2) Ural
     3) Rhine    
4) Volga
     5) Rhone
 22.    What is the priority sector lending target for domestic banks and foreign banks with branch network of 20 and above in India?
     1) 32 per cent      
2) 40 per cent
     3) 50 per cent  
4) 46 per cent
     5) 35 per cent
 23.    ‘Manodhairya Yojana’ is aimed at providing financial, medical and legal aid, rehabilitation and counseling to victims of rape and child abuse. This scheme was launched recently by?
     1) Maharashtra
     2) Arunachal Pradesh
     3) Uttar Pradesh    
4) Delhi
     5) Andhra Pradesh
 24.    Gregg Clark has been appointed as the chief coach of the Junior Men's National Hockey Team. He belongs to?
     1) Germany    
2) Belgium
     3) Australia    
     4) South Africa
     5) Netherlands
 25.    In which event in the 20th Asian Athletics Championships Vikas Gowda won a gold medal in Pune in July 2013?
     1) High Jump    
2) Long Jump
     3) Shot Put    
     4) 10,000 meter race
     5) Discus Throw
 26.    Marwar Festival is celebrated every year in?
     1) Madhya Pradesh
     2) Gujarat    
3) Rajasthan
      4) Maharashtra
     5) Uttar Pradesh
 27.    Countries and their capitals are given below. Identify the mismatched pair?
     1) Australia – Canberra
     2) Austria – Vienna
     3) Finland – Helsinki
     4) Denmark – Copenhagen
     5) Switzerland – Geneva
 28.    Ramesh Abhishek is the Chairman of?
     1)    Securities and Exchange Board of India   
     2) Forward Markets Commission    
     3)    Insurance Regulatory Deve- lopment Authority   
     4)    Pension Fund Regulatory Development Authority       
     5)    Competition Commission of India
 29.    According to the Micro, Small and Medium Enterprises Development (MSMED) Act 2006, a medium enterprise is an enterprise where the investment in equipment is more than Rupees 2crore but does not exceed?
     1) Rs 3crore        
2) Rs 4crore
     3) Rs 5crore       
     4) Rs 10crore
     5) None of these
 30.    Rajiv Gandhi Ann Yojana under the Food Security Sche me was launched in September 2013 by the Chief Minister of?
     1) Maharashtra
     2) Himachal Pradesh
     3) Rajasthan
     4) Assam
     5) Karnataka
 31.    Which of the following is not regulated by the Reserve Bank of India?
     1) Reporate    
2) CRR
     3) SLR    
4) Cess
     5) Marginal Standing Facility
 32.    Which of the following sets standards and promotes effective implementation of legal, regulatory and operational measures for combating money laundering and terrorist finan cing?
     1) AMLA    
2) SWIFT
     3) KYC   
 4) FATF
     5) None of these
 33.    The National Payments Corpo-ration of India (NPCI) has launched an instant interbank electronic fund transfer service through mobile phones. It is called?
     1) IMPS       
2) NEFT
     3) INSTAPAY       
4) RTGS
     5) None of these

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

BANKING AWARENESS PRACTICE MCQs FOR BANK EXAMS

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) b     33) c