PM inaugurates India's longest bridge

The Prime Minister, Narendra Modi inaugurated India's longest bridge - the 9.15 km long Dhola - Sadiya Bridge, over the Lohit River, a major tributary of the Brahmaputra in Assam.
PM Dedicated the 9.15 km-long bridge, named after Dadasaheb Phalke awardee and legendary lyricist-singer Bhupen Hazarika who hailed from Sadiya, to the nation.

NHRC fiat on Maoists drafting children

Terming the recent alleged recruitment of children by Maoists a 'gross violation of human rights', the National Human Rights Commission (NHRC) issued notices to top government and police officials of Jharkhand asking for a report within two weeks.
✪ National Human Rights Commission (NHRC) of India, a statutory body established in 1993, under the provisions of The Protection of Human Rights Act, 1993 (TPHRA).
✪ The NHRC (National Human Rights Commission) consists of:
★ A Chairperson, should be retired Chief Justice of India
★ One Member who is, or has been, a Judge of the Supreme Court of India
★ One Member who is, or has been, the Chief Justice of a High Court
★ Two Members to be appointed from among persons having knowledge of, or practical experience in, matters relating to human rights
★ In addition, the Chairpersons of four National Commissions of SC, ST & Women, serve as ex officio members.
★ The current chairman of the NHRC is Justice H.L. Dattu.

Micro Mission of National Police Mission

The Bureau of Police Research & Development (BPR&D), under the Ministry of Home Affairs (MHA), organises the 1st National Conference of Micro Missions of National Police Mission (NPM) on May 23- 24, 2017.

 NPM is working to transform the Police Forces in the country into effective instrument for maintenance of Internal Security and meeting challenges of the next century, by equipping them with the necessary material, intellectual and organisational resources and to create a 'New Vision' for the police.

GENERAL AWARENESS PRACTICE MCQs FOR ALL BANK EXAMS

1. What is India’s rank in the Global Innovation Index 2017 out of 130 countries?
1) 67
2) 66
3) 69
4) 60
5) 65

2. Who won the prestigious 2017 Man Booker International Prize for his novel ‘A Horse Walks into a Bar’?
1) Mathias Enard
2) David Grossman
3) Roy Jacobsen
4) Don Shaw
5) Amos Oz

3. Where was the second edition of the International Spice Conference held in February 2017?
1) Mysuru
2) Kolkata
3) Thiruvananthapuram
4) Chennai
5) Panaji

4. Which Hindi writer was selected for the 2016 Vyas Samman in February 2017?
1) Hari Ram Meena
2) Satya Narayan
3) Vishwanath Tripathi
4) Surendra Verma
5) None of these

5. India’s first floating elementary school was inaugurated in February 2017 in Loktak Lake in:
1) Assam
2) Manipur
3) West Bengal
4) Jammu & Kashmir
5) Himachal Pradesh

6. Which of the following banks announced its plan to convert ration shops into banking outlets
by recruiting Public Distribution System (PDS) agents as business correspondents in February 2017?
1) ICICI Bank
2) HDFC Bank
3) IDFC Bank
4) Axis Bank
5) IDBI bank

7. Which State is implementing ‘Tejaswini’, a socio-economic empowerment of adolescent girls and young women project?
1) Odisha
2) Jharkhand
3) Bihar
4) Chhattisgarh
5) Haryana

8. Which of the following companies will acquire Telenor India?
1) Vodafone
2) Reliance Jio
3) Idea Cellular
4) Bharti Airtel
5) BSNL

9. India’s iconic car brand Ambassador has been sold by Hindustan Motors to Peugeot, a car manufacturer based in:
1) Italy
2) Germany
3) France
4) USA
5) Sweden

10. Which former football legend has been appointed as an ambassador by FIFA, Football’s world
governing body?
1) Marco Van Basten
2) Diego Maradona
3) Pele
4) Michel Platini
5) Lev Yashin

11. National Deworming Day is observed every year on which of the following day?
1) January 10
2) February 10
3) March 10
4) April 10
5) May 10

12. Who is the author of the book “Fearless in Opposition - Power and Accountability”?
1) Sitaram Yechury
2) Kapil Sibal
3) P. Chidambaram
4) Manish Tewary
5) Nitish Kumar

13. Indian-origin British actor Dev Patel won BAFTA Award in February 2017 for the Best Supporting Actor for his performance in the film:
1) Moonlight
2) Arrival
3) Lion
4) Nocturnal Animals
5) Hidden Figures

14. Jean-Pierre Lacroix was appointed as Under-Secretary General for United Nations Peacekeeping
Operations on February 14, 2017. He belongs to:
1) Germany
2) Bulgaria
3) Macedonia
4) France
5) Latvia

15. Which city will host the 30th World LPG Forum in October 2017?
1) Singapore
2) Florence
3) Marrakech
4) Nice
5) Gold Coast

16. Who is the Chairman of the Committee set up by Union Water Resources Ministry to help Krishna River Management Board (KRMB) in preparing the working manual for sharing
water between Telangana and Andhra Pradesh?
1) A.K. Bajaj
2) R.P. Pandey
3) P.K. Shukla
4) N.N. Rai
5) D.K. Mehta

17. Which one of the following pair is correctly matched?
COUNTRY  - PRESIDENT
1) Italy - Paolo Gentiloni
2) France - Francois Hollande
3) Germany -  Frank Walter Steinmeier
4) Brazil - Dilma Rousseff
5) Russia - Dmitry Medvedev

18. Which American businesswoman became the United States Secretary of Education on February 7, 2017?
1) Martha Stewart
2) Ginni Rometty
3) Meg Whitman
4) Betsy De Vos
5) Ruth Porat

19. Eman Ahmed, the world’s heaviest woman, came to India recently for medical treatment. She
belongs to which of the following country?
1) Saudi Arabia
2) UAE
3) Egypt
4) Iran
5) Iraq

20. “The Salesman” won the Best Foreign Language Film at the 89th Academy Awards in February 2017. It belongs to:
1) Hungary
2) Iran
3) Romania
4) Poland
5) Egypt

21. Altamas Kabir passed away on February 19, 2017. He was former:
1) Chief Justice of India
2) CBI Director
3) Attorney General
4) Union Minister
5) None of these

22. In which State the tribal bodies opposed 33% reservation for women in urban, local bodies leading to the resignation of the Chief Minister in February 2017?
1) Manipur
2) Nagaland
3) Assam
4) Meghalaya
5) Tripura

23. Which country has committed to completely phase out greenhouse gas emissions by 2045?
1) USA
2) UK
3) Sweden
4) Russia
5) Switzerland

24. Which country is planning to send thousands of Rohingya refugees to Thengar Char Island?
1) Myanmar
2) Thailand
3) India
4) Bangladesh
5) Bhutan

25. Which city hosted the South Asian Speakers’ Summit on Achieving the Sustainable Development
Goals in February 2017?
1) Jaipur
2) New Delhi
3) Vijayawada
4) Indore
5) Vidisha

26. India’s first heliport was inaugurated on February 28, 2017 at Rohini locality in:
1) Mumbai
2) Pune
3) New Delhi
4) Chennai
5) Hyderabad

27. Which is the first State in India to establish cashless system in its Public Distribution System (PDS) of food grains?
1) Gujarat
2) Telangana
3) Andhra Pradesh
4) Kerala
5) Goa

28. The Inter-Parliamentary Union (IPU) was established in 1889. It is headquartered in:
1) London
2) New York
3) Paris
4) Geneva
5) Dhaka

29. Where was the World LPG Association (WLPGA) Asia Summit held in February 2017?
1) Udaipur
2) Jaipur
3) New Delhi
4) Chandigarh
5) Kolkata

30. Which of the following schemes is related to clean cooking gas?
1) PAHAL
2) Ujjwala
3) Give it up
4) Both 1 and 2
5) All 1, 2 and 3

31. Who took charge as the President of the Table Tennis Federation of India (TTFI) recently?
1) Dushyant Chautala
2) Dhanraj Choudhury
3) Mahinder Pal Singh
4) B.K. Bawa
5) None of these

32. With reference to Laureus World Sports Awards - 2017 identify the mismatched pair.
1) Sportsman of the Year – Usain Bolt
2) Sportswoman of the Year – Simone Biles
3) Comeback of the Year – Michael Phelps
4) Breakthrough of the Year – Mo Farah
5) Team of the Year – Chicago Cubs

33. Mission XI Million was launched on February 10, 2017. A first of its kind, the program will
encourage children to play the game of:
1) Hockey
2) Cricket
3) Football
4) Chess
5) Kabaddi

34. Which Indian city will host the FIBA Women’s Asia Cup basketball tournament in July 2017?
1) Hyderabad
2) Chennai
3) Mumbai
4) Bangalore
5) Kolkata

35. The International Basketball Federation (FIBA) is the world governing body for basketball. It is located in Mies in:
1) France
2) Germany
3) Switzerland
4) Spain
5) Portugal

36. John-John Dohmen was crowned the International Hockey Federation (FIH) Male Player of the
Year for 2016. He belongs to:
1) Germany
2) France
3) Belgium
4) Spain
5) Netherlands

37. Who won the 2017 St. Petersburg Ladies Trophy, a premier tennis tournament?
1) Kristina Mladenovic
2) Jelena Ostapenko
3) Simona Halep
4) Roberta Vinci
5) Kiki Bertens

38. Which of the following teams won the Syed Mushtaq Ali T20 Inter - Zonal cricket tournament in February 2017?
1) Central Zone
2) West Zone
3) North Zone
4) East Zone
5) South Zone

39. Whose Test match batting average of 61.87 is second only to Donald Bradman’s incredible
99.94 among batsmen who have played at least 20 Tests?
1) Chris Rogers
2) Brad Haddin
3) Adam Voges
4) Michael Clarke
5) Steve Smith

40. The inaugural Nitro Athletics Meet was held in February 2017 in Lakeside Stadium in?
1) Tokyo
2) London
3) Kingston
4) Melbourne
5) Wellington

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

BANKING AWARENESS PRACTICE MCQs FOR ALL BANK EXAMS

1. As per the Code of Bank's Commitment to Customers a bank must close/transfer an account maximum within a period of ____ days from the date of receipt of application.
a) 3 Days
b) 5 days
c) 7 days
d) At the earliest possible
e) No such restriction

2. Which risk is eliminated in case of the RTGS transaction?
a) Credit risk
b) Operational risk
c) Settlement risk
d) Systematic risk
e) c and d

3. What is the maximum period of deposit that can be opened under FCNR?
a) 1 year
b) 3 years
c) 5 years
d) 10 years
e) All the above

4. As per Pradhan Mantri Suraksha Bima Yojana (PMSBY) Scheme, if the customer has taken a cover under multiple bank accounts then the amount of premium under this will be ______.
a) Forfeited
b) Renewed
c) Double
d) Same

5. The Jan Dhan Yojana aims directly in promoting:
a) Social Justice
b) Financial Inclusion
c) Rural Development
d) Digital Empowerment
e) Urban Development

6. The premium of 10 paisa for every Rs.100 payable on behalf of the depositor under Deposit Insurance and Credit Guarantee Corporation(DICGC) will be borne by:
a) Bank
b) Life Insurance Corporation of India
c) General Insurance Corporation of India
d) Customer
e) Bank and Customer equally

7. Who was the first woman Deputy Governor of the Reserve Bank of India?
a) Shyamala Gopinath
b) Usha Thorat
c) Arundhati Bhattacharya
d) K.J.Udeshi
e) Usha Ananta Subramanian

8. Which bank has received $100 million (about Rs.645 crore) as the first tranche of ADB's multimillion dollar funding for installation of rooftop solar systems in India?
a) United Bank of India
b) Punjab National Bank
c) Bank of Baroda
d) Canara Bank
e) Corporation Bank

9. The maximum amount that can be deposited in a 'Sukanya Samriddhi Scheme' account in a
financial year is:
a) Rs. 1,00,000
b) Rs.1,50,000
c) Rs. 1,35,000
d) Rs.1,75,000
e) Rs. 1,25,000

10. Under Pradhan Mantri Jeevan Jyoti Yojana (PMJJBY) scheme, an individual is eligible to join the
scheme at the age between 18 years to____.
a) 30 years
b) 40 years
c) 50 years
d) 60 years

11. Which of the following is/are correct regarding Introduction of Additional Settlement Batches
for National Electronic Funds Transfer (NEFT)?
a) The NEFT settlement cycle will be reduced from hourly batches to half hourly batches
b) 11 additional settlement batches will be introduced
c) The total number of half hourly settlement batches during the day will be increased to 23
d) The starting batch at 8.00 am and closing batch at 7.00 pm shall remain the same.
e) All the above

12. In the case of deposit held by joint Individuals, the nomination can be made in favour of:
a) A single individual
b) More than one person in case deposit is payable jointly
c) More than one person in case deposit is payable to either or survivor(s)
d) Separate persons by each depositor
e) None of these

13. What is CDD as per KYC?
a) Customer Duly Diligence
b) Customer Due Delivery
c) Current Deposit delivery
d) Customer due Diligence
e) None of the above

14. STR in the context of Prevention of Money Laundering Act 2002 stands for?
a) Select Transaction Report
b) Suspicious Transaction Report
c) Suspected Transfer Report
d) Suspected Transaction Record
e) None of the above

15. What is the risk classification for "Salaried employees"?
a) Low risk account
b) Medium risk account
c) High risk account
d) All the above
e) None of the above

16. "Clean note policy" of RBI reiterates the Banks to follow which of the following measures?
a) To sort notes into issuable & non-issuable
b) Not to staples notes & to loose pack notes
c) Not to issue soiled & cut notes to general public
d) Not to scribble on the currency notes
e) All the above

17. As per Basel norms Capital is linked to_____:
a) Size of Deposits
b) Risk Weightage of Assets
c) Profitability of the bank
d) Macro economic conditions
e) None of the above

18. Atal Pension Yojana (APY) offers fixed amount of pension ranging between Rs.1,000 to ____
depending upon the contribution which will be based on the age of joining the APY:
a) Rs.2000
b) Rs.3000
c) Rs.4000
d) Rs.5000
e) Rs.10,000

19. As per recent announcement made by Prime Minister on 31st December, 2016,______Kisan credit cards will be converted into RuPay cards in coming 3 months. Government will bear _____ interest on select farm loans.
a) Rs.2 crores; 30 days
b) Rs.2.5 crores; 45 days
c) Rs.3 crores; 60 days
d) Rs.3 crores; 90 days
e) None of the above

20. ______will be the third and final financing stage for MUDRA Bank and maximum loan up to_______can be provided under this stage.
a) Tarun, Rs.8 lakh
b) Tarun, Rs.10 lakh
c) Vyaska, Rs.12 lakh
d) Kishore, Rs.15 lakh
e) Sishu, Rs.4 lakh

21. Which of the following schemes have been launched under Pradhan Mantri Awas Yojana?
a) AMRUT
b) Smart Cities Mission
c) Housing for All
d) All of these
e) Only a & b

22. When the award of the banking ombudsman is not acceptable to customer, he can appeal the matter to the appellate authority. The fee payable to Appellate Authority is:
a) Rs.5,000
b) Rs.6,000
c) 25% of the amount in dispute
d) 50% of the amount in dispute
e) Nil

23. In cheque Truncation system clearing the Image Replace Document (IRD) means:
a) Cheque itself
b) Image of the image
c) An authenticated copy of the cheque
d) Truncated cheque
e) None of the above

24. Nominee has predeceased the A/c holder. Payment shall be made to:
a) Against joint discharge to Legal heirs of the depositor and the legal heirs of nominee.
b) Legal heirs of the nominee
c) Legal heirs of the depositor
d) Payment through Court order or Succession Certificate
e) None of the above

25. Under Sukanya Samridhi Account (SSA) the maximum period upto which the deposits can be made is for___ years from the date of opening of the account?
a) 12 years
b) 14 years
c) 16 years
d) 18 years
e) 21 years

26. The maximum punishment by way of imprisonment for the offence committed under Money Laundering Act is:
a) 7 years
b) 9 years
c) 10 years
d) 12 years
e) None of the above

27. Branches should adopt a system of periodical updation of customer identification data (including
photograph/s) after the account is opened. The periodicity of such updation for High Risk, Medium
Risk and Low Risk category customers are:
a) Two/eight/ten years
b) Two/five/ten years
c) Two/two/five years
d) Ten/eight/two years
e) No such updation is required

28. What are the three pillars of Basel-II?
a) Minimum Capital Requirement, Supervisory Review & Market Discipline
b) Minimum Capital Fund, Asset quality & Financial Supervision
c) Minimum capital adequacy, Asset quality & Risk Management
d) Prudential accounting, greater transparency & Accountability
e) Moderate Capital Adequacy, Risk Management and Market Supervision

29. Establishment of Lok Adalat is governed by which of the following Acts?
a) SARFAESI act 2002
b) Legal services authority act 1987
c) Lok Adalat Act 1985
d) Recovery of debt due to Banks and financial Institutions
e) Indian Contract Act

30. Which bank is planning to raise Rs.9,000 crore through various instruments including Follow-on Public Officer (FPO) of Rs.6,000 crore?
a) Bank of Baroda
b) Bank of India
c) State Bank of India
d) Syndicate Bank
e) Union Bank of India

31. Which of the following documents are required for registration of a Jeevan Pramaan?
a) Aadhar number
b) PPO number
c) Bank Account number
d) All of the above
e) Only a & b

32. The electronic mechanism used by banks for transmitting financial messages across the borders:
a) Telex
b) DOTNET
c) RTGS
d) SWIFT
e) INFINET

33. Pradhan Mantri Kaushal Vikas Yojana (PMKVY) was approved with an outlay of_____.
a) Rs.500 crore
b) 1000 crore
c) Rs.12,000 crore
d) Rs.1,500 crore
e) Rs.2000 crore

34. Bank is required to issue TDS certificate on form______within _____month in which deduction is made:
a) 15-G; one;
b) 15-H; one;
c) 16- A; two;
d) 16- A; one;
e) Form 60; one;

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

BANKING AWARENESS PRACTICE QUESTIONS

1. As per the latest Monetary Policy Review it has been decided by The Reserve Bank of India to reduce the Staturory Liquidity Ratio w.e.f 24th June 2017 from 20.5% to ______:
a) 20.00%
b) 20.25%
c) 20.75%
d) 21.00%
e) None of the above

2. Which bank is launching Rs. 15,000 Crore share sale to Institutions to increase capital base as a part of meeting Basel III requirements by March 2019?
a) Indian Bank
b Union Bank of India
c) State Bank of India
d) United Bank of India
e) IDBI

3. Which of the following are the facts about Money Transfer Service Scheme (MTSS)?
a) It is a quick and easy way of transferring personal remittances from abroad to beneficiaries in India.
b) Only inward personal remittances into India such as remittances towards family maintenance
c) Remittances favouring foreign tourists visiting India are permissible
d) No outward remittance from India is permissible under MTSS
e) All the above

4. In Electronic Clearing Service there are two types of viz., ECS debit and ECS Credit. What does ECS debit represents?
a) Number of debits and one credit
b) Number of credits and one debit
c) Multiple number of debits and credits
d) Few Debits and Few Credits
e) None of the above

5. The Public Information Officer is required to reply to the query raised under Right to Information
Act within in maximum period of ___ days. In case of delay, the penalty is Rs. ____ per day.
a) 10 days; 100
b) 15 days ; 100
c) 20 days ; 250
d) 30 days ; 250
e) 7 days : 350

6. Fiscal policy is concerned with which of the following?
a) Public revenue and expenditure
b) Issue of currency
c) Education for all
d) Population control
e) Export and Import

7. When credit facilities to one party are sanctioned by more than one bank under a common arrangement, such facility given to a customer is called _____:
a) Consortium
b) Syndication
c) Multiple Banking
d) Participation
e) None of the given options is true

8. FATCA stands for ?
a) Forex Account Tax Compliance Act
b) Foreign Account Tax Compliance Act
c) Forex Account Total Compliance Act
d) Foreign Account Total Compliance Act
e) None of the given options is true

9. In case of decision given by LokAdalat, the appeal against judgement by aggrieved customer can be made within _____:
a) 1 month from the date of judgment
b) 45 days from the date of judgment
c) 2 months from the date of judgment
d) 3 months from the date of judgment
e) No appeal allowed

10. The unclaimed deposits for 10 years and above will be transferred to Depositor Education Awareness Fund (DEAF). This DEAF was introduced in the year__:
a) 2012
b) 2013
c) 2014
d) 2015
e) 2016

11. "Buy Now - Pay Now" is commonly used for ____:
a) Debit Cards
b) Vault Cards
c) Credit Cards
d) E-purse
e) None of the above

12. A settlement system in which the processing and final payment of funds transfer instructions takes place continuously, is called ___.
a) Debit clearing system
b) Credit clearing system
c) National clearing system
d) Real time gross settlement
e) Speed Clearing system

13. Acollaborative network that uses Internet Technology to link business with their suppliers is ____.
a) Internet
b) Intranet
c) Extranet
d) WAN
e) LAN

14. Banknet was set up by ___:
a) IBA
b) RBI
c) Central Govt
d) IT department of Concerned Bank
e) None of the above

15. A There are credit rating Agencies like Standard and Poor, Moody's. According to these Agencies
Corporate Bond which carry a rating of AAA is considered to be _____:
a) Exceptional degree of credit worthiness and top credit rating
b) High probability of default
c) Low risk
d) Medium Risk
e) 3/4th risk

16. Which of the following are part of Public Sector Banks ?
(i) Bank of India
(ii) Central Bank of India
(iii) Regional Rural Bank, sponsored by a nationalized bank
a) Only (i) and (ii)
b) Only (i) and (iii)
c) Only (ii) and (iii)
d) (i), (ii) and (iii)
e) None of the above

17. RBI introduced Commercial Paper in the year_____:
a) 1970
b)1980
c) 1985
d) 1990
e) 2000

18. When the Award of the Banking Ombudsman is not acceptable to the parties, they can approach
Appellate Authority. At this stage the appellate authority may:
a) Dismiss the appeal
b) Send the matter to the Banking Ombudsman for fresh disposal in accordance with such directions as the appellate authority may consider necessary or proper
c) Modify the award and pass such directions as may be necessary to give effect to the modified award
d) Pass any other order as it may deem fit
e) All the above

19. Credit cards are of standard size and thickness and are embossed with which of the the following details?
(i) Name of card holder
(ii) Card number
(iii) Validity date
a) Only (i) and (ii)
b) Only (i) and (iii)
c) Only (ii) and (iii)
d) (i), (ii) and (iii)
e) Only (i)

20. Which of the following are correct regarding Indo - Nepal Remittance Scheme?
a) A remitter can transfer funds up to Rs. 50,000
b) A remitter can transfer funds only upto Rs. 25,000
c) It is not necessary that the remitter should maintain an account with a bank in India.
d) a remitter can transfer funds upto Rs 1,00,000
e) Only a & c

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

EC launches toll-free no. for queries

The Election Commission (EC) launched a toll-free number (1800111950) for citizens to reach out with queries, give suggestions or lodge complaints pertaining to polls, electoral rolls and other related issues. Currently, the service has been made available in English and Hindi. The EC's executives
would also make outbound calls for educating voters.

The World Intellectual Property Organization (WIPO)

WIPO is one of the 17 specialized agencies of the United Nations. WIPO was created in 1967 "to encourage creative activity, to promote the protection of intellectual property throughout the world". WIPO currently has 189 member states.  It's headquartering in Geneva, Switzerland.  The current Director-General of WIPO is Francis Gurry, who took office on October 1, 2008.

India unanimously elected to head UNHabitat, the United Nations' Human Settlements Programme

India has been unanimously elected as the President of the UN-Habitat, an organ of the United Nations' Organisation (UNO) that promotes socially and environmentally sustainable human settlements across the world, after 10 years.
❁ Minister of Housing & Urban Poverty Alleviation Shri M.Venkaiah Naidu chaired the four day meeting of the 26th Governing Council of UN-Habitat in Nairobi, Kenya.
❁ Shri Naidu will preside over the deliberations of the Governing Council of UN-Habitat for the next two years.
❁ Since the UN-Habitat came into being in 1978, It is only the third time that India has been elected to lead this important organization after 2007 and 1988.

SAMPADA

The Cabinet Committee on Economic Affairs, chaired by the Prime Minister Narendra Modi has
given its approval for re-structuring the schemes of the Ministry of Food Processing Industries
(MoFPI) under new Central Sector Scheme - SAMPADA (Scheme for Agro-Marine Processing and Development of Agro-Processing Clusters) for the period 2016-20 coterminous with the 14th Finance Commission cycle.

Chenab to get tallest rail bridge

Around two years from now, the Chenab river in Jammu and Kashmir will be spanned by the world's highest railway bridge that is expected to be 35 metres taller than Paris' Eiffel Tower.
★ The massive arch-shaped structure, being constructed at a cost of around Rs.1,100 crore, will use over 24,000 tonnes of steel and will rise 359 m above the river bed. Designed to withstand wind speeds of up to 260 km per hour, the 1.315-km- long ''engineering marvel'' will connect Bakkal (Katra) and Kauri (Srinagar).
★ The bridge forms a crucial link in the 111-km stretch between Katra and Banihal, which is part of the Udhampur- Srinagar-Baramulla rail link project.

Indore emerges as the Cleanest City of India

Indore, Bhopal, Visakhapatnam, Surat, Mysuru, Tiruchirapally, NDMC, Navi Mumbai,Vadodara, Chandigarh make the Top 10. Madhya Pradesh, Gujarat, Jharkhand,Chattisgarh, Andhra Pradesh, Telangana are the Movers and Shakers, says M.Venkaiah Naidu.
★ 12 Gujarat cities, 11 from MP, 8 from AP among the top 50 Clean Cities. Varanasi ranked 32 this year as against 418 in 2014.
★ Mysuru slipped to fifth rank this year but no decline in sanitation standards, says Minister.
★ Swachh Survekshan-2017 aimed at capturing the outcomes on ground of the ongoing efforts to make urban areas Open Defecation Free and to improve door-todoor collection, processing and disposal of Municipal Solid Waste.
★ Of the total score of 2,000, 900 marks were assigned for performance in respect of ODF and solid waste management, 600 marks for Citizen Feedbak and 500 marks for Independent Observation.

New Controller General of Accounts (CGA)

Mr. Anthony Lianzuala took over as the New Controller General of Accounts (CGA).
★ The Government of India had appointed Mr. Anthony Lianzuala, a 1982-batch Indian Civil Accounts Service (ICAS) Officer, as the new Controller General of Accounts (CGA), Department of Expenditure, Ministry of Finance with effect from May 1, 2017.
★ He is the First person from the North- Eastern Region to hold this position.
★ Controller General of Accounts (CGA), in the Department of Expenditure, Ministry of Finance, is the Principal Accounting Adviser to Government of India and is responsible for establishing and maintaining a technically sound Management Accounting System.
Note: Controller General of Accounts (CGA) and Comptroller and Auditor General (CAG) both are different institutions. Where CGA is a statutary post, CAG is a constitutional post under the Article - 148 of the Constitution.

CURRENT AFFAIRS PRACTICE QUESTIONS FOR ALL BANK EXAMS

1. Every year National Maritime Day is observed in India on:
a) 5th February
b) 5th March
c) 5th April
d) 5th October

2. Recently, the Union Cabinet has approved closure of which of the following?
a) Mahatma Gandhi Pravasi Suraksha Yojana (MGPSY)
b) Mahatma Gandhi National Rural Employment Guarantee Act
c) National Literacy Mission Programme
d) National Social Assistance Scheme

3. Recently the Gulf of Mannar Marine National Park has proposed to introduce ecotourism in the mangrove forest area of the park. The Gulf of Mannar Marine National Park was established in which year?
a) 1995
b) 1980
c) 1990
d) 1985

4. As per a doping violation report published by World Anti-Doping Agency (WADA) for 2015, India ranks:
a) First
b) Second
c) Third
d) Fifth

5. Babri Masjid demolition case recently has been in the news, in which of the following years Babri Mosque was demolished?
a) 1992
b) 1993
c) 1999
d) 1996

6. The Union Government cleared the decks for setting up an independent rail regulator that will be responsible for recommending which of the following?
a) Passenger fares
b) Setting performance standards for rail operations
c) Creating level playing policy for private sector participation
d) All of the above

7. Who is the current Secretary General of Amnesty International?
a) Salil Shetty
b) Irene Zubaida Khan
c) Jackie Kay
d) Aruna Shetty

8. 'Khan Shaykhun' town is in the news for chemical attack on it. This town is located in which of the following countries?
a) Libya
b) Nigeria
c) Syria
d) Pakistan

9. With which of the following countries, India has announced a joint fund namely a Green Growth Equity Fund in April 2017?
 a) United Kingdom
b) USA
c) Russia
d) Japan

10. Which of the following companies rolled out the beta version of its new 'YouTube Go' application for India?
a) Microsoft
b) Apple
c) Google
d) Dell

11. Who has been named as Wisden's "Leading Cricketer in the World" for 2016?
a) SPD Smith
b) M.S.Dhoni
c) Virat Kohli
d) Joe Root

12. India has taken over full operational control of Unit 1 of the Kudankulam Nuclear Power Plant (KKNPP). This Kudankulam Nuclear Power Plant is located in which of the following states of India?
a) Tamil Nadu
b) Karnataka
c) Andhra Pradesh
d) Gujarat

13. Recently, Twitter rolled out a "data friendly" version of the platform called ...... in India.
a) Twitter Lite
b) Twitter Saga
c) Twitter Devak
d) Twitter on Demand

14. Which leading company has announced $8.4 million (Rs.54.42 crore) in grants over the next two years to four Indian NGOs: Learning Equality, Million Sparks Foundation, Pratham Books - Story Weaver and Pratham Education Foundation?
a) Microsoft
b) Google.org
c) Twitter.org
d) Facebook.com

15. Recently the Park Street of New Delhi renamed with which of the following countries founder?
a) Nepal
b) Bhutan
c) Bangladesh
d) USA

16. Who among the following has been appointed as the Chairman of the Telecom Disputes Settlement & Appellate Tribunal (TDSAT)?
a) Gagan Madhesiya
b) Samar Singh Bist
c) Shiva Kirti Singh
d) Ram Avtaar Gill

17. Which of the following countries military is developing a division of "super SEALs" using brain-stimulation technology to create warriors of the future who would be faster, smarter and more deadly?
a) Russia
b) USA
c) North Korea
d) China

18. What is the present rank of India in Global Travel and Tourism Competitiveness Report 2017, prepared by World Economic Forum?
a) 12th
b) 19th
c) 28th
d) 40th

19. Teesta water sharing pact is between which of the following two countries?
a) India and Pakistan
b) India and China
c) India and Bangladesh
d) India and Nepal

20. Who was the winner of the Best Actor National Film Award 2017?
a) Akshay Kumar
b) Salman Khan
c) Amir Khan
d) Shah Rukh Khan

21. Astronomers have, for the first time, detected an atmosphere around an Earth-like planet known as:
a) GJ 1132b
b) SJ 1132a
c) EL 1132b
d) AE 1132b

22. Recently, the President of India, Shri Pranab Mukherjee inaugurated the first NIMCARE World Health Day Summit 2017 in:
a) Vadodara
b) Udaipur
c) New Delhi
d) Kolkata

23. Recently, the Government of India and ....... signed a $175 million loan agreement to support construction of high voltage transmission systems to evacuate power generated from new mega solar parks to the interstate grid, and improve reliability of the national grid system.
a) Asian Infrastructure Investment Bank (AIIB)
b) Asian Development Bank (ADB)
c) World Bank
d) IMF

24. Which movies have been awarded as Best Feature Film and as Best Popular Film providing Wholesome Entertainment in 64th National Film Awards respectively?
a) Rustom and Sathamanam Bhavathi
b) Kasaav and Sathamanam Bhavathi
c) Dangal and Rustom
d) Sathamanam Bhavathi and Neerja

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

GENERAL AWARENESS PRACTICE QUESTIONS FOR ALL BANK EXAMS

1. Who won the India Open women's singles badminton title at the Siri Fort Stadium in New Delhi on April 2, 2017?
1) Carolina Marin
2) Saina Nehwal
3) Sung Ji Hyun
4) P.V. Sindhu
5) Minatsu Mitani

2. Najib Razak visited India in April 2017. He is the Prime Minister of?
1) Indonesia
2) Malaysia
3) Oman
4) Iran
5) Iraq

3. Who won the prestigious 2017 Abel Prize?
1) John Nash
2) Louis Nirenberg
3) Yves Meyer
4) Andrew Wiles
5) None of these

4. Who assumed office as the President of Bulgaria on January 22, 2017?
1) Iliana Iotova
2) Boyko Borisov
3) Tsetska Tsacheva
4) Rumen Radev
5) Rosen Plevneliev

5. Kristalina Georgieva assumed office as the Chief Executive Officer of the World Bank on January 2, 2017. She belongs to?
1) Georgia
2) Czech Republic
3) Slovakia
4) Slovenia
5) Bulgaria

6. In which of the following countries a married couple has occupied the two highest seats of power,
the President and the Vice President?
1) Costa Rica
2) Brazil
3) Nicaragua
4) Panama
5) Honduras

7. The COP 22 to the United Nations Framework Convention on Climate Change (UNFCCC) was held in November 2016 in?
1) Paris, France
2) Lima, Peru
3) Doha, Qatar
4) Marrakech, Morocco
5) Sydney, Australia

8. Which of the following countries has withdrawn from the International Criminal Court (ICC) in November 2016?
1) USA
2) Canada
3) Spain
4) Russia
5) China

9. Which of the following is the largest-ever warship to be built in India?
1) INS Kolkata
2) INS Kochi
3) INS Chennai
4) INS Viraat
5) INS Vikramaditya

10. At which of the following rates do the banks borrow funds from the Reserve Bank of India?
1) Base rate
2) Repo rate
3) Exchange rate
4) Reverse repo rate
5) None of these

11. Prime Minister Narendra Modi inaugurated the Asian Ministerial Conference on Disaster Risk Reduction (AMCDRR) on November 3, 2016 in?
1) New Delhi
2) Panaji
3) Hyderabad
4) Mumbai
5) Chennai

12. Narinder Batra is the first Indian to be elected the President of?
1) IOC
2) FIH
3) FIDE
4) FIFA
5) IAAF

13. Who became the first person from China to be elected as the President of the International Criminal Police Organization (INTERPOL) in November 2016?
1) Jin Liqun
2) Li Keqiang
3) Meng Hongwei
4) Lin Dan
5) None of these

14. Tata Literature Live! Lifetime Achievement Award for 2016 was conferred on which of the following authors?
1) Chetan Bhagat
2) Kiran Desai
3) Anitha Desai
4) Amitav Ghosh
5) None of these

15. Who was appointed a brand ambassador for Swachh Rail Mission of Indian Railways in November 2016?
1) Bindeshwar Pathak
2) Amitabh Bachchan
3) Sachin Tendulkar
4) Kunwar Bai
5) Vidya Balan

16. The Hans Christian Andersen Literature Award is given every two years by?
1) Canada
2) Norway
3) Denmark
4) Germany
5) France

17. Which of the following organizations gives Sakharov Prize for Human Rights annually?
1) World Bank
2) European Parliament
3) Asian Development Bank
4) World Economic Forum
5) None of these

18. Leonard Cohen passed away on November 7, 2016. He was a singer, songwriter, poet, novelist and painter from?
1) USA
2) France
3) Mexico
4) Canada
5) None of these

19. Mangat Ram Sharma passed away in November 2016. He was the former Deputy Chief Minister of?
1) Uttarakhand
2) Uttar Pradesh
3) Jammu & Kashmir
4) Odisha
5) Himachal Pradesh

20. Shashikala Kakodkar passed away on October 28, 2016. She was the first woman Chief Minister of?
1) Maharashtra
2) Goa
3) Gujarat
4) Rajasthan
5) Odisha

21. Who was elected the President of Lebanon on October 31, 2016?
1) Tamman Salam
2) Michel Aoun
3) Amine Gemayel
4) Elias Hrawi
5) Selim Hoss

22. Igor Dodon became the President of which of the following countries on December 23, 2016?
1) Ukraine
2) Moldova
3) Romania
4) Latvia
5) Lithuania

23. Which former cricketer was named the "Stroke Ambassador for India"?
1) Kapil Dev
2) Dilip Vengsarkar
3) Sunil Gavaskar
4) Mohinder Amarnath
5) K. Srikanth

24. The 10th World Stroke Congress (WSC) was held in October 2016 in?
1) Bangalore
 2) Mumbai
3) New Delhi
4) Hyderabad
5) Kolkata

25. Who was elected the new President of the World Squash Federation (WSF) in November 2016?
1) Jacques Fontaine
2) Pablo Serna
3) Gar Holohan
4) Sarah Fitz-Gerald
5) None of these

26. World Squash Federation (WSF) has its headquarters in?
1) Hastings, England
2) Glasgow, Scotland
3) Zurich, Switzerland
4) Frankfurt, Germany
5) Incheon, South Korea

27. Identify the mismatched pair. BOOK AUTHOR
1) Democrats Ramachandra Guha and Dissenters
2) Second-Hand Svetlana Alexievich Time
3) Selection Day Amitav Ghosh
4) One Indian Girl Chetan Bhagat
5) Satanic Verses Salman Rushdie

28. The joint military exercise between India and Nepal is called?
1) Konkan
2) Varuna
3) Garuda
4) Surya Kiran
5) Indradhanush

29. SIMBEX is a maritime bilateral exercise conducted by India and?
1) South Africa
2) South Korea
3) Singapore
4) Sudan
5) Slovakia

30. Which country won the Fed Cup women's tennis tournament in November 2016?
1) Czech Republic
2) France
3) USA
4) Croatia
5) Germany

31. Who won the WTA Elite Singles Trophy in Zhuhai, China in November 2016?
1) Petra Kvitova
2) Elina Svitolina
3) Venus Williams
4) Serena Williams
5) Dominika Cibulkova

32. Federico Delbonis is a professional tennis player from?
1) Spain
2) Argentina
3) Chile
4) Portugal
5) Germany

33. India defeated which of the following countries to win the women's Asian Champions Trophy
hockey tournament in Singapore in November 2016?
1) Pakistan
2) South Korea
3) China
4) Japan
5) Indonesia

34. Who won the China Open badminton super series tournament on November 20, 2016?
1) Sun Yu
2) Saina Nehwal
3) Tai Tzu Ying
4) P.V. Sindhu
5) None of these

35. Who was elected New Zealand Cricket's first female President in November 2016?
1) Ingrid Cronin-Knight
2) Karen Plummer
3) Suzie Bates
4) Sarah Illingworth
5) Debbie Hockley

36. Index of Industrial Production (IIP) is released by the?
1) FICCI
2) CII
3) CSO
4) ASSOCHAM
5) RBI

37. What does the letter 'M' denote in the banking term MCLR?
1) Multiple
2) Marginal
3) Medium
4) Minimum
5) Maximum

38. The 47th International Film Festival of India (IFFI) was held in November 2016 in?
1) Telangana
2) Andhra Pradesh
3) Maharashtra
4) Goa
5) Karnataka

39. Im Kwon-Taek was honored with the Lifetime Achievement Award at the 47th IFFI. He is a filmmaker from?
1) Vietnam
2) Philippines
3) South Korea
4) Japan
5) China

40. Regional Comprehensive Economic Partnership (RCEP) is a proposed free trade agreement between ASEAN members and other?
1) Three countries
2) Four countries
3) Five countries
4) Six countries
5) None of these

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

INVESTOR PROTECTION FUND(IPF)

ISE has set up an Investor Protection Fund (IPF) to meet the claims of investors against defaulter Members, in accordance with the Guidelines issued by the Ministry of finance, Government of India.
ISE has established an Inter-connected Stock Exchange Investor Protection Fund Trust (ISE-IPF Trust) with the objective of compensating investors in the event of defaulters' assets not being sufficient to meet the admitted claims of investors, promoting investor education, awareness and research. The Investor Protection Fund (IPF) is administered by way of registered Trust created for the purpose. The Inter-connected Stock Exchange Investor Protection Fund Trust is managed by Trustees.
The Inter-connected Stock Exchange Investor Protection Fund Trust, based on the recommendations of the Defaulters' Committee, compensates the investors to the extent of funds found insufficient in Defaulters' account to meet the admitted value of claim, subject to a maximum limit as per decided by Trust per investor per defaulter/expelled member.

CURRENT AFFAIRS PRACTICE QUESTIONS FOR ALL BANK EXAMS

1. Cobra Gold military exercises, Asia's largest multinational drill started on February 14, 2017 at Sattahip, Thailand. Cobra Gold 2017 is the ........ iteration of the military exercise.
a) 30th
b) 32nd
c) 36th
d) 39th

2. 'Indian Panorama Film Festival', the five-day organized at ....
a) Port Blair
b) Majuli
c) Bhimpore
d) Panjim

3. In Kerala, Thanal, a city-based group has launched a helpline for providing technical support in treating organic waste and managing non-biodegradable solid wastes. It is launched at
a) Kochi
b) Kozhikode
c) Thiruvananthapuram
d) Kollam

4. 'Momentum Jharkhand', Global Investor Summit held at
a) Jamshedpur
b) Deoghar
c) Medininagar
d) Ranchi

5. All India Institute of Medical Science (AIIMS) of Delhi has won the first prize for maintaining high standards of sanitation and hygiene under the Government's Kayakalp awards. The Kayakalp awards were instituted the year...
a) 2014
b) 2015
c) 2016
d) 2017

6. Khadi & Village Industries Commission (KVIC) has announced to make Khadi Gaon in each Indian state. Who is the Chairman of KVIC?
a) J. P. Toma
b) N. C. Borkataky
c) G. Chandramouli
d) V.K. Saxena

7. Science Express Climate Action Special (SECAS II) flagged off on 17th Feb, 2017 from Safdarjung Railway station in Delhi to embark upon its journey across the country. The SECAS II will run till 8th September 2017 and culminate its journey at
a) Ahemdabad
b) Gandhinagar
c) Surat
d) Bhavnagar

8. Name the Bollywood actor named to host the Hindi version of popular international show TED Talks.
a) Shah Rukh Khan
b) Salman Khan
c) Amir Khan
d) Ranbir Kapoor

9. What is India's rank in an annual index of Economic Freedom?
a) 140th
b) 143rd
c) 145th
d) 147th

10. Who has been honoured with an Honorary Doctorate Degree by Desh Bhagat University, a private educational institution in Amloh, Fatehgarh Sahib District of Punjab?
a) Manpreet Singh
b) Akashdeep Singh
c) Sandeep Singh
d) Parattu Raveendran Sreejesh

11. In which city the All India Tennis Association (AITA) has announced to host the second round of the Asia/Oceania Group 1 tie between India and Uzbekistan?
a) Bengaluru
b) New Delhi
c) Kochi
d) Lucknow

12. Who has been appointed as India's new High Commissioner to Canada?
a) Avani Kumar Varma
b) Brij Kishore Singh
c) Vikas Swarup
d) Vinay Luthra

13. Which State government has announced to constitute State Tourism Board for expansion of facilities at tourist spots and draw investment in the sector?
a) Madhya Pradesh
b) Goa
c) Telangana
d) Andhra Pradesh

14. Name the Canadian radio broadcaster, best known as the host of the CBC Radio program 'The Vinyl Cafe', passed away in February 2017.
a) Byron MacGregor
b) David Charles Wish
c) Bob Dawson
d) Andrew Stuart McLean

15. What is the maximum limit up to which the RBI has announced to lend gold to RRBs?
a) Rs.1.50 Lakhs
b) Rs.2.00 Lakhs
c) Rs.2.50 Lakhs
d) Rs.2.75 Lakhs

16. Which bank has launched instant chat services for customers logged in to Citibank Online (CBOL) in India?
a) IndusInd Bank
b) Kotak Mahindra Bank
c) Yes Bank
d) Citi Bank

17. Recently how many new judges were sworn in to the Supreme Court, taking their strength to a high of 28?
a) Two
b) Three
c) Five
d) Seven

18. Which two countries have decided to bring Agreement on Social Security (SSA) for workers' benefit into force in May 2017?
a) India and Norway
b) India and Turkey
c) India and Portugal
d) India and Japan

19. Which state assembly has undergone the motion of a trust vote for the first time in 29 years?
a) Telangana
b) Andhra Pradesh
c) Tamil Nadu
d) Maharashtra

20. For the past three years, Neralu has to be largest citizen-driven tree festival of:
a) Bengaluru
b) Hyderabad
c) Mysuru
d) Lucknow

21. Recently which state government has brought in an additional three lakh acre of agricultural land under its irrigation programme with the objective of helping farmers?
a) Bihar
b) West Bengal
c) Uttar Pradesh
d) Maharashtra

22. Who is to be the new chief of capital market regulator SEBI?
a) Prashant Thorbade
b) Anil Kushwaha
c) Ajay Tyagi
d) Rajan Vipul

23. Which bank has provided its customers access to the government's digital locker (DigiLocker) from within its net-banking application?
a) HDFC Bank
b) ICICI Bank
c) Kotak Mahindra Bank
d) SBI

24. Recently which company has become an integrated power company?
a) NTPC
b) BHEL
c) HPCL
d) OIL

25. Which agency is to create first-ever space technology research institutes?
a) ISRO
b) DRDO
c) BARC
d) NASA

26. Indian scientists have designed an insulin-like oral substance, nicknamed:
a) Rani
b) Tripti
c) Dimpi
d) Rajrani

27. Indian Navy inducts first all-women global circumnavigation vessel. Name the vessel.
a) Tarini
b) Shivalik
c) Kumbhir
d) Ashtradharani

28. India has won the silver medal at the women's Asian Rugby Sevens Trophy 2017 held at
a) Manila
b) Ipoh
c) Incheon
d) Vientiane

29. Who is the Chief of Naval Staff?
a) RK Dhowan
b) Surinder Pal Singh Cheema
c) Sunil Lamba
d) Arup Raha

30. Which bank has been awarded with ISO 27001: 2013 certification for its Information Security Management System (ISMS)?
a) South Indian Bank
b) Tamilnadu Mercantile Bank
c) Nainital Bank
d) Catholic Syrian Bank

31. Ecuador has been in news recently. The capital of Ecuador is....
a) Loja
b) Ibarra
c) Quito
d) Macas

32. Who is the 26th and current United States Secretary of Defense?
a) Jefferson Sessions
b) James Mattis
c) Steven Mnuchin
d) Michael T. Flynn

33. Recently the Assam Government has inaugurated Cancer Hospital in the state. The hospital is attached to which of the medical colleges?
a) Guwahati Medical College
b) Assam Medical College
c) Jorhat Medical College
d) Tezpur Medical College

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

Pradhan Mantri Adarsh Gram Yojana

Pradhan Mantri Adarsh Gram Yojana (PMAGY) aims for integrated development of selected villages having more than 50% Scheduled Caste (SC) population through implementation of existing scheme of Central and State Governments in a convergent manner and by utilization of gap filling funds provided as Central Assistance. The scheme was launched in 2009-10 on a pilot basis, for the integrated development of 1000 villages in 5 States viz. Himachal Pradesh (Northern Region), Bihar (Eastern Region), Rajasthan (Western Region), Tamil Nadu (Southern Region) and Assam (North-Eastern Region) and further extended in 2015 to another 1500 villages in Assam, Uttar Pradesh, Madhya Pradesh, Karnataka, Punjab, Odisha, Jharkhand, Chhattisgarh, Andhra Pradesh, Telangana and Haryana. Works and programmes taken up under PMAGY in the identified States include inter alia, construction of village roads, community halls/meeting places, community toilets, drainage works, installation of hand pumps, solar powered street lights, drinking water scheme etc.

As per scheme, details for a village to be declared as Adarsh village a minimum of three of the targets listed below have to be achieved by the end of the third year of implementation of PMAGY:-

·           As far as possible, elimination of poverty, but reduction in its incidence by at least 50% within three years.

·           Universal adult literacy

·           100% enrolment and retention of children at the elementary stage (I-VIII).

·           Reduction of infant mortality rate (per thousand live births) to 30 and maternal mortality rate (per lakh) to 100, by 2012. 

·           Village should fulfill the Nirmal Gram Puraskar norms of the Deptt. Of Drinking Water Supply, M/o Rural Development, ie, these villages should be 100 % open defecation free

·           Access to safe drinking water facility to all villagers on a sustainable basis.

·           100% institutional deliveries for pregnant women

·           Full immunisation of children

·           Achieving all weather road connectivity to the village

·           100% registration of deaths and births in the village

·           No child marriages, and child labour

·           No public consumption of liquor and other intoxicating substances

·           100% allotment of Pradhan Mantri Gramin Awaas Yojana (PMGAY) houses to all eligible families

Health Services in India

There are multiple factors including lifestyles that influence the burden of disease. The burden of communicable diseases has been declining. The focus of the Government is to provide accessible, affordable and accountable quality healthcare facilities to all sections of society especially the marginalized sections in the country.

While there are   multiple challenges, the availability of Primary Health Centres, human resources, number of medical colleges and medical seats, have been improving.

Public health and hospitals being a State subject, the primary responsibility to address healthcare challenges is that of State Governments. However, under National Health Mission (NHM), financial and technical support is provided to States/UTs to strengthen their healthcare systems including support for strengthening health infrastructure, deployment of medical personnel, ASHAs, creating awareness about health issues and lifestyles, and support movement towards Universal Health Coverage. 

The Central Government has enacted the Clinical Establishment (Registration and Regulation) Act, 2010 and also notified Clinical Establishments Rules 2012 to provide a legislative framework for the registration and regulation of clinical establishments in the country and also seeks to improve the quality health services by prescribing minimum standards of facilities and services which may be provided.

The Government has also taken steps for strengthening and upgrading district hospitals and making available tertiary health care services in the public sector through strengthening of hospitals, establishment of AIIMS institutions in the States and up-gradation of existing Government medical colleges across the country.

With regard to increasing awareness about the health issues, the Ministry of Health and Family Welfare regularly releases print advertisement and TV and radio spots in National/regional media for generating awareness among population about various Health and Family Welfare issues and programmes of Ministry of Health and Family Welfare. These include Mission Indradhanush, World Health Day, World No Tobacco Day, Yoga Day, Intensified Diarrhoea Control Fortnight, World Population Day, Breastfeeding, Tuberculosis, etc.

The Government has formulated the National Health Policy 2017 which has laid emphasis on the role of the Government in regulation, governance, and quality assurance, healthcare infrastructure and in leveraging information technology. The policy also envisages raising public health expenditure to 2.5% of the GDP in a time bound manner.

General Awareness Practice MCQs for All Bank Exams

1. Who became the first Indian batsman to face 500 balls in a Test innings?
1) Virat Kohli
2) K.L. Rahul
3) Rahul Dravid
4) Cheteshwar Pujara
5) Murali Vijay

2. Which country topped the World Happiness Report 2017?
1) Norway
2) Denmark
3) Iceland
4) Switzerland
5) Finland

3. What is India's rank out of 155 countries in the World Happiness Report 2017?
1) 118
2) 120
3) 122
4) 124
5) None of these

4. Who became the new Chief Minister of Uttar Pradesh on March 19, 2017?
1) Dinesh Sharma
2) Keshav Prasad Maurya
3) Siddharth Nath Singh
4) Yogi Adityanath
5) Suresh Khanna

5. Sir David Cox of UK won which of he following awards/prizes in 2016?
1) Man Booker Prize
2) Fields Medal
3) Abel Prize
4) Nobel Prize in Physics
5) International Prize in Statistics

6. Who has been appointed as the Chairperson of the Lok Sabha Privileges Committee?
1) Dimple Yadav
2) Krishna Raj
3) Meenakshi Lekhi
4) Poonam Mahajan
5) Pritam Munde

7. What is the maximum amount that can be deposited in Sukanya Samridhi Account (SSA)?
1) Rs 1 lakh per annum
2) Rs 1.5 lakh per annum
3) Rs 10 lakh per annum
4) Rs 5 lakh per annum
5) No limit

8. Which of the following is an association of banks dealing in foreign exchange as a self regulatory body?
1) IBA
2) SEBI
3) FEMA
4) FEDAI
5) None of these

9. Ramesh Pokhriyal Nishank has been conferred with an award by Uganda for promoting human
values through his literature. He is the former Chief Minister of?
1) Sikkim
2) Chhattisgarh
3) Uttarakhand
4) Meghalaya
5) Jharkhand

10. Who among the following Nobel laureates has contributed to contract theory?
1) Bernard Feringa
2) J. Fraser Stoddart
3) Duncan Haldane
4) Bengt Holmstrom
5) Michael Kosterlitz

11. In which State is Chinnar Wildlife Sanctuary located?
1) Kerala
2) Karnataka
3) Tamil Nadu
4) Goa
5) Odisha

12. Which of the following statements is not correct?
1) Bank deposits are insured by DICGC for a maximum amount of Rs. 1 lakh per depositor per bank
2) Prakash Javadekar is the present Union Human Resources Development Minister
3) Pradhan Mantri Fasal Bima Yojana is a crop insurance scheme
4) International day of Yoga is celebrated on June 21
5) Bank of Baroda is the first public sector bank to offer wealth management service

13. Which is the sole reinsurance company in India?
1) Life Insurance Corporation
2) National Insurance Company
3) General Insurance Corporation
4) New India Assurance Company
5) None of these

14. The rate of interest on savings account deposits is decided by?
1) RBI
2) Ministry of Finance
3) IBA
4) Individual Banks
5) None of these

15. The Monetary Policy Committee (MPC) is headed by the?
1) Finance Minister
2) Vice Chairman of NITI Aayog
3) CEO of NITI Aayog
4) Finance Secretary
5) RBI Governor

16. The Bhimbetka rock shelters, a World Heritage Site, is located in the Raisen district in?
1) Jharkhand
2) Bihar
3) Madhya Pradesh
4) Uttar Pradesh
5) Odisha

17. The 2019 Cricket World Cup is scheduled to be hosted by?
1) Australia and New Zealand
2) England and Wales
3) India and Sri Lanka
4) India and Bangladesh
5) None of these

18. How many entities were given licenses for setting up small finance banks by the Reserve Bank
of India out of a total of 72 applicants?
1) 15
2) 22
3) 25
4) 10
5) None of these

19. India's first spice museum will come up in?
1) Chennai
2) New Delhi
3) Kochi
4) Mumbai
5) Cuttack

20. A Banking Ombudsman is appointed by the?
1) President of India
2) Finance Minister
3) RBI
4) Lead Bank of the State
5) None of these

21. With which game is Sultan Azlan Shah Cup associated?
1) Hockey
2) Cricket
3) Badminton
4) Tennis
5) Football

22. Canara Bank is headquartered in?
1) Madurai
2) Bangalore
3) Kochi
4) Chennai
5) Pune

23. The world's most expensive train station was opened recently in?
1) Tokyo
2) Beijing
3) New York
4) Shanghai
5) Hong Kong

24. What is the full form of MUDRA?
1) Micro Units Development and Regulating Agency
2) Micro Units Development and Registration Agency
3) Major Units Development and Refinance Agency
4) Micro Units Development and Refinance Agency
5) None of these

25. The Central Board of Direct Taxes (CBDT) has launched which of the following, for online redressal of taxpayers' grievances?
1) e - abhay
2) e - nivaran
3) e - tax
4) e - IT
5) e - grievances

26. Vembanad Lake is the longest lake in India. It is in the State of?
1) Tamil Nadu
2) Goa
3) Kerala
4) Karnataka
5) Odisha

27. Former BCCI President Anurag Thakur is a member of Lok Sabha from Hamirpur in?
1) Rajasthan
2) Himachal Pradesh
3) Uttarakhand
4) Uttar Pradesh
5) Madhya Pradesh

28. SETU (Self-Employment and Talent Utilization) is a program that supports all aspects of start up businesses and other selfemployment activities. It is established under?
1) NABARD
2) SIDBI
3) RBI
4) NITI Aayog
5) None of these

29. The State Bank of India has introduced “SBI Shaurya Home Loan” for?
1) Central government employees
2) Senior citizens
3) Defense personnel
4) Rural women
5) Corporate women executives

30. World Rabies Day is observed on September 28, the death anniversary of?
1) Robert Koch
2) Louis Pasteur
3) Ferdinand Cohn
4) Antoni van Leeuwenhoek
5) David Bruce

31. Ringgit is the currency of which of the following countries?
1) Malaysia
2) Bhutan
3) Thailand
4) South Korea
5) North Korea

32. The United Nations World Tourism Organization (UNWTO) is headquartered in?
1) New York, USA
2) Madrid , Spain
3) Geneva, Switzerland
4) The Hague, Netherlands
5) Zurich, Switzerland

33. PMKVY scheme is related to?
1) Irrigation
2) Solar energy
3) Skill training
4) Roads
5) Sanitation

34. The Reserve Bank of India prepares Financial Stability Report every?
1) Three months
2) Six months
3) Year
4) Month
5) Two years

35. Rabobank is headquartered in Utrecht in?
1) Finland
2) France
3) Norway
4) Spain
5) Netherlands

36. The Tripura Sundari Express runs between Agartala and?
1) Dhaka
2) Kolkata
3) Delhi
4) Patna
5) Kanpur

37. ONICRA is a leading?
1) Non Banking Financial Company
2) Credit and Performance Rating Agency
3) White Label ATM Operator
4) Asset Reconstruction Company
5) None of these

38. IOM is an intergovernmental organization headquartered in Geneva, Switzerland. IOM stands for?
1) International Organization for Migration
2) International Organization for Maritime
3) Interstate Organization for Maritime
4) Interstate Organization for Migration
5) None of these

39. Which of the following is not a financial regulator in India?
1) RBI
2) SEBI
3) IRDA
4) PFRDA
5) IBA

40. Pawan Chamling was conferred with the prestigious 2016 Sustainable Development Leadership
Award by the President Pranab Mukherjee. Pawan Chamling is the Chief Minister of?
1) Nagaland
2) Tripura
3) Meghalaya
4) Sikkim
5) Manipur

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

Banking Awareness Practice MCQs for All Bank Exams

1. ____ is raised in capital markets
a) Funds through long term securities
b) Long term loans through Govt. securities
c) Medium term loans
d) Short - term instruments
e) None of the above

2. Interest on Government securities on fixed basis is known as:
a) Bank rate
b) Coupon
c) Prime Lending Rate
d) Bench mark PLR
e) None of the above

3. What is meant by development Oriented banking?
a) Infrastructure financing
b) Extending loans to States, which are least developed
c) Taking up the task of development of the economy by providing support to under privileged sections of the society
d) All of the above
e) None of the above

4. The main function of SIDBI is:
a) Promotion of SSI
b) Finance of SSI
c) Development of SSI
d) All of the above
e) None of the above

5. When a bank returns a cheque unpaid, it is called?
a) Payment of the cheque
b) Drawing of the cheque
c) Cancelling of the cheque
d) Dishonour of the cheque
e) Taking of the cheque

6. RBI pays interest on CRR balances of banks at _____.
a) Bank Rate
b) Repo Rate
c) Bank Rate minus 2%
d) Zero %
e) None of the above

7. The Bank should comply and intimate the compliance of Award to Ombudsman within ______
a) 2 Months
b) 3 months
c) One month
d) One year
e) None of the above

8. What are the features of selective credit control?
a) They distinguish between essential and nonessential uses of Bank credit
b) Only nonessential uses are brought under the scope of Credit Bank controls
c) They affect not only the lenders but also the borrowers
d) All the above
e) None of the above

9. 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 of the above
e) None of the above

10. Which of the following can be called as intermediary in the Financial System?
a) Insurance companies
b) Banking companies
c) Mutual funds
d) All of the above
e) None of the above

11. A depositor wants to give nomination in favour of a Needy Charitable Trust. Is it acceptable to the banker?
a) Yes, anyone 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

12. 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

13. 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

14. 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

15. 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

16. Cash Reserve Ratio is to be maintained by banks with reference to which of the following?
a) Time liabilities
b) Demand liabilities
c) Time and demand liabilities
d) Net demand and time liabilities
e) None of the above

17. What is the minimum CRR as per the relevant Act?
a) No minimum
b) 4%
c) 3%
d) 6%
e) 8%

18. 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 lakh 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 of the above

19. The main function of an Asset Management Company is:
a) Hold the securities of various schemes
b) Manage the funds by making investments in various types of securities
c) Hold its property for the benefit of the unit holders
d) Act on behalf of SEBI
e) All of the above

20. Which kind of assistance is provided by EXIM Bank to Indian Companies?
a) Direct loans to exporters
b) Technology services
c) Credit for export of capital goods
d) a and b
e) All of the above

21. Which of the following includes "banking business" as per Banking Regulation Act?
a) Acceptance of deposit
b) Collection of bills
c) Buying of foreign exchange
d) All of the above
e) None of the above

22. Which of the following acts deals with the Right of Appropriation?
a) Indian Contract Act
b) Companies Act
c) Negotiable Instruments Act
d) All of the above
e) None of the above

23. Depositories hold shares in _ form:
a) Physical
b) Dematerialized
c) Either a or b
d) Both a and b
e) None of the above

24. What is the full form of NBMSME?
a) National Bank for Micro, Small and Medium Enterprises
b) National Board for Micro, Small and Medium Enterprises
c) National Board for Micro, Selected Medium Enterprises
d) National Bank for Medium and selected Medium Entrepreneurs
e) None of the above

25. Mr Kanungo is appointed as RBI Deputy Governor (who is presently Executive Director in
the central bank) will replace Mr._______ , Deputy Governor.
a) Viral Achary
b) NS Vishwanathan
c) R.Gandhi
d) S.S.Mundra
e) None of the above

26. Which type of machine is used by Business Correspondents?
a) Micro ATMs
b) POS
c) Biometric Card Reader
d) Solar empowered
e) Water resistant

27. _____ provides Clearing House facilities for netting of Payments and Security delivery:
a) Primary dealers
b) Banks
c) Stock exchanges
d) All of the above
e) None of the above

28. ____ is the regulatory authority for Mutual funds:
a) IRDA
b) SEBI
c) RBI
d) Ministry of Corporate affairs
e) All of the above

29. The Main activity of the Financial Intelligence Unit India (FIUIND) is to control:
a) Tax Evasion
b) Money Laundering
c) Terrorism
d) Avoiding NPAs
e) Avoiding frauds in ATMs

30. Primary dealers deal in:
a) Shares
b) Insurance
c) Government securities
d) None of the above
e) All of the above

31. The main function of an Asset Management Company is to:
a) hold the securities of various schemes
b) manage the funds by making investments in various types of securities
c) hold its property for the benefit of the unit holders
d) act on behalf of SEBI
e) All the above

32. What is the purpose of reduction in Cash Reserve Ratio (CRR)?
a) Reduce Credit Flow
b) Enhance Credit Flow
c) Enhance availability of cash
d) Reduce Cash transactions
e) None of the above

33. In India, conventionally, bonds are issued by institutions in ____ sector while debentures by corporate in ____ sector.
a) private, public
b) public, private
c) either a or b
d) cooperative, NBFC
e) None of the above

34. Who notifies Foreign Trade Policy?
a) RBI
b) DGFT
c) Govt. of India
d) ECGC
e) None of the above

35. Cash kept in the currency chest is owned by?
a) Currency Chest branch bank
b) State Bank of India
c) Central Government
d) Reserve Bank of India
e) None of the above

36. Expand the term LIBOR as used in financial banking sectors?
a) Local Indian Bank Offered Rate
b) London-India Bureau of Regulations
c) Liberal International Bank Official Ratio
d) London Inter Bank Offered Rate
e) None of the above

37. Which one of the following rates is NOT decided by the RBI?
a) Bank Rate
b) Repo Rate
c) Reverse Repo Rate
d) Income Tax Rates
e) Only a & b

38. When more than one bank is allowing credit facilities to one party in coordination with each
other under a formal arrangement, the arrangement is generally known as:
a) Participation
b) Consortium
c) Syndication
d) Multiple Banking
e) All the above

39. The headquarters of International Monetary Fund is ___
a) Geneva
b) Paris
c) London
d) Manila
e) Washington

40. Who is the new chairman of SEBI?
a) Ajay Yogi
b) UK Sinha
c) TS Vijayan
d) G Srinivasan
e) None of the above

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

CURRENT AFFAIRS PRACTICE MCQs FOR ALL BANK EXAMS

1) “Connectivity for Regional Prosperity” was the theme of which edition Economic Cooperation Organization Summit held in Islamabad recently?
a. 13th
b. 14th
 c. 15th
d. 12th

2) The Goods and Services Tax (GST) Council, in its meeting held , under the Chairmanship of the Union Minister for Finance & Corporate Affairs, has approved the draft CGST Bill and the draft of which among the following bills?
a. CVST
b. IGST
c. TGST
d. All above

3) The President of India recently inaugurated the Centenary Celebrations of Women’s Indian Association recently at Adyar. In which state it is?
a. Lucknow,U.P.
b. Bhopal,MP
c. Chennai, Tamilnadu
d. Hyderabad, Telangana

4) Name the city , that has achieved 100% waste segregation?
a. Kochi
b. Palakkad
c. Jaisalmer
d. Tirunelveli

5) The world's oldest aircraft carrier in active service, , will be decommissioned on March 6 after serving the Indian Navy for nearly 30 years. Name it?
a. INS Viraat
b. INS Vikrant
c. INS Viraj
d. INS Viraam

6) India and which other country, have strengthened bilateral security ties , and decided to continue exchange programmes on hostage crisis, terror crime scene probe and cyber crime under ATA ( Anti
Terrorism Assistance) ?
a. Japan
b. USA
c. UK
d. Pakistan

7) Nuclear-armed North Korea fired how many ballistic missiles east of the peninsula on March 6, with Japan saying that some of them landed in its waters.?
a. 5
b. 6
c. 4
d. 7

8) Which country will organise the first mobile congress in September with a special focus on reaching out to South East Asian markets.?
a. Bangladesh
b. USA
c. UK
d. India

9) The Zero Discrimination Day was held on……………….?
a. March 1, 2017
b. March 2, 2017
c. March 3, 2017
d. March 7, 2017

10) Name the woman cricketer , who won the BCCI award for the first time?
a. Shantha rangaswamy
b. Shanthi subbarao
c. Mithali raj
d. Shanthi saxena

11) President of India, Pranab Mukherjee presented the Standard to 125 Helicopter Squadron and Colours to Mechanical Training Institute of Indian Air Force (March 3, 2017) at Air Force Station, Tambaram, Tamil Nadu. Which of the following statements are true about IAF Squadrons?
1. The Indian Air Force needs at least 42 squadrons of fighters to protect its western and northern borders with Pakistan and China
2. By 2019 -2020 it will lose another 14 squadrons of the vintage MiG 21s and MiG 27s
3. There are 16-18 planes in one squadron. The force now depends on Su-30 MKI and MiG 29s, the British-made Jaguar and French-made Mirage 2000s
4. After the air force de-commissioned three of the ageing Russian-made MiG 21 squadrons, bringing down the total number from 34 to 31 fighter squadrons, an additional squadron of the Russian-made Su-30 MKI has been raise
a. Only 1 & 2 are true
b. Only 2 & 3 are true
c. Only 3 & 4 are true
d. All 1,2,3 and 4 are true

12) Which among the following launched an exclusive data-led group term insurance plan in partnership with ET Money, the country’s first term insurance plan based on the spend pattern of the users?
a. Ing Vysya
b. HDFC Life
c. ICICI Life insurance
d. LIC

13) The number of ODF (Open Defecation Free) districts in the country has now crossed to ……………recently ?
a. 75
b. 80
c. 100
d. 90

14) On which day The World Hearing Day 2017 was observed globally ?
a. 3rd march 2017
b. 2nd march 2017
c. 4th march 2017
d. 5th march 2017

15) Which country is planning to build its first national underwater observatory in the disputed South China Sea (SCS)?
a. USA
b. China
c. Japan
d. North Korea

16) The “Napoleon of football” who helped the team win the European Cup three times, died March 3rd, 2017. Name him?
a. James madrid
b. Raymond Kopa
c. Adams grews
d. Nicholas crews

17) Jammu & kashmir and which another state, agreed on resumption of Shahpur Kandi Dam project?
a. Haryana
b. UP
c. Punjab
d. Rajasthan

18) Who was appointed Chairman and Managing Director of state-run telecom major Mahanagar Telephone Nigam Limited (MTNL).?
a. PK Purwar
b. NK Singh
c. MK ajay bhatia
d. L. Sneha majumdar

19) For the first time, which country on March 1, 2017 succeeded in getting an official elected to the post of Secretary General for South Asian Association for Regional Cooperation?
a. Pakistan
b. South africa
c. Srilanka
d. Bangladesh

20) Which country for first time will host International Conference on Theory and Practice of Electronic Governance (ICEGOV2017)?
a. Bangladesh
b. India
c. Srilanka
d. Bhutan

21) The tourist town of Dharamshala, which is also the home of Tibetan spiritual leader Dalai Lama, has officially become the second capital of which state of India?
a. Tripura
b. Arunachal pradesh
c. Himachal pradesh
d. U.P.

22) Which day will be celebrated on 3rd March 2017 with the theme “Listen to the Young Voices.”?
a. World youth day
b. World adults day
c. World wildlife day
d. World environment day

23) Which country’s upper house, The House of Lords voted on 2 March 2017 to amend the Brexit Bill?
a. U.K.
b. USA
c. UAE
d. USSR

24) Name the state that will host its first river festival in March-April 2017?
a. U.P.
b. Assom
c. Bihar
d. Rajasthan

25) India Test captain Virat Kohli won the Polly Umrigar award, being the first cricketer to receive it how many times?
a. One
b. Two
c. Three
d. Four

26) South Korean and which country held largescale joint military exercise called Foal Eagle to test their defence readiness against the threat from North Korea.?
a. Japan
b. Israel
c. Iraq
d. USA

27) The national launch of 'Swachh Shakti Saptah' took place in which city recently?
a. Gurugram
b. Hissar
c. Kochi
d. Pune

28) Which country government recently approved the merger of Federally Administered Tribal Areas (FATA) with the Khyber-Pakhtunkhwa province.?
a. India
b. Bangladesh
c. Pakistan
d. Bhutan

29) India has proposed the name of Manjeev Singh Puri as its next Ambassador to which country, with the term of senior Indian diplomat Ranjit Rae coming to an end.?
a. Bhutan
b. Nepal
c. Pakistan
d. Israel

30) Which country announced recently that it will reintroduce compulsory military service starting this summer to respond to global security challenges, including from Russia?
a. Sweden
b. Switzerland
c. South korea
d. Cuba

ANSWERS
1. A 2. B 3.C 4.D 5.A 6.B 7.C 8.D 9.A 10.A
11.D 12.B 13.C 14.A 15.B 16.B 17.C 18.A 19.A 20.B
21.C 22.C 23.A 24.B 25.C 26.D 27.A 28.C 29.B 30.A

BANKING AWARENESS PRACTICE MCQs FOR BANK EXAMS

1. Fiscal Policy is composed of several parts which include?
a) Tax Policy and Expenditure Policy
b) Investment or Disinvestment Strategies
c) Debt or Surplus Management
d) All of the Above
e) None of the above

2. Rural Infrastructure Development fund (RIDF) is financed by?
a) Selected group of public Sector Banks
b) Ministry of Rural Development
c) Reserve Bank of India
d) NABARD
e) None of the above

3. The bank conducts Government business
as an agent of ?
a) Union and state Government
b) Reserve Bank of India
c) State Bank of India
d) SIDBI
e) None of the above

4. The Bank of Calcutta, Bank of Bombay and Bank of Madras were merged in 1921 to form?
a) Reserve Bank of India
b) Imperial Bank of India
c) Bank of India
d) Union Bank of India
e) None of the above

5. India's largest commercial bank is?
a) Central Bank of India
b) State Bank of India
c) Indian overseas bank
d) Bank of India
e) Punjab National Bank

6. Interest on the savings bank accounts is compounded?
a) Daily
b) Yearly
c) Quarterly
d) Half-yearly
e) All of the above

7. Rates of Interest on deposits are determined by?
a) IBA
b) Ministry of Finance
c) The Bank Itself
d) Government of India
e) Other than the given

8. Current account becomes dormant when there are no withdrawals for the last?
a) 3 months
b) 6 months
c) 24 months
d) 12 months
e) None of the above

9. In terms of Section 5(1) (5) of the Banking Regulation Act, 1949, a ‘banking company’ means any company which
a) accepts deposits from the public
b) undertakes lending of money
c) transacts the business of banking in
d) All of the above
e) None of the above

10.Which of the following is not a negotiable instrument ?
a) Cheque
b) Pay order
c) Bill of Exchange
d) All of the above are negotiable instruments
e) Other than the given

11. “Currency Swap” is an instrument to manage?
a) Currency Risk
b) Interest Rate Risk
c) Currency and Interest Rate Risk
d) Cash Flows in different currencies
e) All of the above

12. “Plastic Money” denotes?
a) Bearer cheque
b) Credit card
c) Demand Draft
d) Traveller’s cheque
e) Gift cheque

13. National Income of India is estimated by?
a) Central Estimates Survey Committee
b) National Sample Survey Committee
c) Central Statistical Organization
d) Finance Ministry
e) Other than the given

14. Nomination facility is available to?
a) Individuals/Sole Proprietorship accounts/Private Limited Companies
b) Individuals/Sole Proprietorship Accounts/Partnership Accounts
c) Individuals/Sole Proprietorship Accounts
d) All of the above
e) Other than the given

15. Off Shore Banking Unit is?
a) a unit which is situated in Foreign country
b) a unit which is situated in Special Economic Zones and deals in foreign currency only
c) a unit which is actively participating in lending foreign currency loans and in joint ventures
d) All of the above
e) None of the above

16. If a currency note is demonetized, it takes away the ....... of that currency.
a) legal tender character
b) exchange rate
c) value
d) All of the above
e) Other than the given

17. Currency Note containing political slogan is not a legal tender as per:
a) Legal Tender (Inscribed Notes) Act, 1964
b) Negotiable Instruments Act, 1881
c) Reserve Bank of India Act
d) All of the above
e) Other than the given

18. Deposits under NRE/FCNB accounts are linked to?
a) Base Rate
b) SIBOR
c) LIBOR
d) All of the above
e) Other than the given

19. Electronic Fund Transfer scheme of RBI has been renamed as?
a) Clearing
b) Core Banking Solutions
c) Real Time Gross Settlement
d) National Electronic Fund Transfer
e) All of the above

20. Which private bank is recently merged with Kotak Mahindra Bank (KMB)?
a) ING Vysya Bank
b) KarurVysya Bank
c) Lakshmi Vilas Bank
d) Jammu and Kashmir Bank
e) Other than the given

21. Which one of the following rates is not decided by RBI?
a) Repo rate
b) Base rate
c) Bank rate
d) Marginal Standing Facility (MSF) rate
e) Other than the given

22. Which of the following bank is generally not considered as Commercial bank?
a) Public Sector Bank
b) Private Sector Bank
c) Development Bank
d) Foreign Bank
e) Other than the given

23. Which two private sector banks have got license from RBI in 2014?
a) Bandhan and Yes Bank
b) Yes Bank and IDFC
c) IDFC Bank and Bandhan Bank
d) Axis Bank and ICICI
e) Other than the given

24. Which bank first introduced Automated Teller Machine (ATM) in India (1987)?
a) SBI
b) Punjab National Bank
c) Federal Bank
d) HSBC
e) Other than the given

25. Refinance facility is provided by NABARD. Which institutions can avail this facility?
a) State cooperative banks
b) Regional rural banks
c) Commercial bank
d) All of the above
e) Other than the given

26. Which of the following is true?
a) NBFCs can accept deposits from the public
b) NBFCs cannot offer deposit schemes to the public
c) Deposits of NBFCs are insured with DICGC
d) NBFCs can accept deposits from public if they are registered and permitted by RBI
e) Other than the given

27. Base rate is the rate below which no bank can allow their lending to anyone. Who sets-up this ‘Base rate’ for banks?
a) Individual Banks’ Board
b) Ministry of Commerce
c) Ministry of Finance
d) Rreserve Bank of India
e) Interest Rate Commission of India

28. Commercial banks are the largest category of financial intermediaries; others include?
a) Life-insurance companies
b) Pension funds
c) Savings and loan institutions
d) All of the above
e) None of the above

29. An average citizen cannot open a Savings account in which of the following?
a) Commercial bank
b) Post office
c) Co-operative bank
d) RBI
e) Other than the given

30. Educational for All Development Index is released by?
a) IMF
b) World Bank
c) UNO
d) WTO
e) Other than the given

31. Non-Agricultural Market Access (NAMA) word is related to which organization?
a) WTO
b) UNCTAD
c) IMF
d) World Bank
e) NDB

32. RBI has introduced “Marginal Standing Facility” with the objective of:
a) Controlling Inflation
b) Containing instability in long term inter-bank rates
c) Containing instability in the overnight inter-bank rates
d) All of the above
e) None of the above

33. Which of the following is not a measure to control inflation as adopted by Govt. of India and/or RBI?
a) Monetary Policy
b) Fiscal Policy
c) Financial Inclusion
d) Price control
e) Bank Rate Policy

34. card is basically a payment mechanism which allows the holder to make purchase without any immediate cash outflows either physically or through his accounts?
a) Debit
b) Smart
c) Credit
d) ATM
e) Kisan Credit

35. The Negotiable Instruments Act deals with?
a) Cheques, demand drafts, banker’s cheques
b) Promissory notes, bills of exchange and cheques
c) Bills of exchange, Cheques and demand drafts
d) Cheques, demand drafts and saving bank withdrawal forms
e) None of the above

36. Small Industries Development Bank of India’s Single Window scheme means that a borrower is granted?
a) Both term loan for fixed assets & loan for working capital through the same agency, namely, SFCs or Commercial Banks
b) Both term and working capital through SIDBI itself
c) Both term loan and working capital hrough IDBI
d) All of the above
e) None of the above

37. has been declared the first ‘total banking state’ in India, successfully implementing the total financial inclusion thereby ensuring banking facility to all households.
a) Maharashtra
b) Kerala
c) Himachal Pradesh
d) Uttarakhand
e) None of the above

38. What do you understand by the term ‘Mortgage’?
a) Sale of moveable security in the event of default by the borrower
b) Registration of charge with the Registrar of Companies
c) Making the security of immovable property avail able as a cover for a home loan by the borrower
d) Registration of charge with the Regional Transport Authority
e) Returning of the security to borrower by the bank of receipt of full payment

39.Which of the following acts is useful in controlling HAWALA transactions?
a) FEMA Act
b) RBI Act
c) DICGC Act
d) Banking Regulation Act
e) None of the above

40.CAMELS’ is a type of Bank Rating System. In CAMELS, what does ‘C’ stand for?
a) Currency
b) Compensation
c) Capital Adequacy
d) Capitalisation
e) None of the above

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