1. The Reserve Bank's affairs are governed by a central board of directors. The board is appointed
by the Government of India in keeping with the Reserve Bank of India Act. It is Appointed/ nominated for a period of....
a) 6 years
b) 5 years
c) 4 years
d) 3 years
e) 2 years
2. As per SEBI guidelines, in a Book Building process the cap in the price band
a) should be at least 10 per cent of the floor price
b) should not be more than 20 per cent of the floor price
c) should not be more than 30 per cent of the floor price
d) no limits
e) none
3. _______ is a short term security (7 days to 365 days) issued by a corporate entity (other than a bank), at a discount to the face value?
a) Commercial Paper
b) Certificate of Deposit
c) Non-convertible Debenture
d) Treasury Bill
e) None of the above
4. Who is the chairman of NITI Ayog ?
a) Narendra Modi
b) Arvind Pangaria
c) Mangu Singh
d) Anupam Srivastava
e) Ashok Kumar Roy
5. The Nai Manzil Scheme is designed as an integrated education and training programme that provides youth from minority communities skills needed for different tasks in a rapidly changing world. It also provides them trade related training in which of the following areas:
a) Manufacturing
b) Engineering
c) Services
d) Soft skills
e) All the above
6. Indian Financial Network [INFINET] is the...
a) Communication backbone for the Indian Banking and Financial sector
b) Association of the employers of the banking and financial sector
c) Closed user group network of SBI and its subsidiaries
d) All of the above
e) None of the above
7. In Mutual Funds, A close ended fund means:
a) The corpus is of fixed size with a definite redemption period
b) Listing on stock exchanges provides easy liquidity
c) The market price is always below the Net Asset Value
d) All of the above
e) None of the above
8. Which of the following is correct statement in respect of debit cards
a) Debit card facility is provided to those having savings bank account/current account holders
b) This facility is not extended to cash credit/loan account holders
c) It is an unsecured credit facility
d) Debit card is issued to all the persons who visit the branch
e) a and b
9. In the term IPO, what do you mean by "P"?
a) Provisions
b) Public
c) Private
d) Prudent
e) Pension
10. The Overall Priority Sector Lending Target to be increased to _______ by Foreign Bank with
more than 20 Branches by 2018?
a) 60 percent of adjusted Net Bank Credit
b) 40 percent of Adjusted Net Bank Credit
c) 32 percent of adjusted Net Bank Credit
d) 25 percent of adjusted Net Bank Credit
e) 30 percent of adjusted Net Bank Credit
11. When it comes to scheduled commercial banks, which out of the following is not true?
a) Nationalised banks
b) Regional Rural banks
c) Foreign banks
d) Private sector banks
e) Local area banks
12. Which amongst the following is called as mother of deposits?
a) Current account
b) Fixed deposit
c) Recurring deposit
d) Savings bank
e) Reinvestment deposit
13. "Micro Finance" is a ______ of banking services?
a) Introduction stage
b) Saturation stage
c) Research stage
d) Decline stage
e) None of the Above
14. Which amongst the following is not term deposits issued by commercial banks?
a) Current account
b) Fixed deposit
c) Recurring deposit
d) Reinvestment deposit
e) All the above
15. What is the main purpose of Open market operations?
a) A fiscal device which assists Government borrowing
b) A monetary measure to regulate quantity of money in circulation and the cash reserves of the commercial banks
c) A measure to counteract extreme trends in business
d) A measure to influence the balance of payments position
e) None of the above
16. What is the full form of MSME?
a) Mini, Small and Medium Enterprises
b) Micro, Small and Medium Enterprises
c) Mini scale Marketing Enterprises
d) Medium Scale Marketing Enterprises
e) None of the above
17. A customer is required to maintain adequate balances in his/her accounts in order to use his ____ card in the merchant establishments?
a) Smart Card
b) Credit Card
c) Add-on Credit card
d) Debit Card
e) None of the above
18. Which of the following are the latest guidelines issued by the RBI in respect of opening new
branches in villages?
a) To open more brick and mortar branches in villages where there are no banking facilities
and population is more than 5,000.
b) Banks to submit a roadmap on how many branches they will be opening by 31 March 2017.
c) The roadmap by end of January 2016.
d) BCBF Model to be discontinued
e) Only a, b, c
19. Name the financial instrument which is/are issued for short term (up to one year) borrowing by
RBI on behalf of the Government of India?
a) Treasury Bills
b) Commercial Paper
c) Certificate of Deposit
d) Non-convertible Debenture
e) Only b & c
20. KYC (Know Your Customer) norms were implemented in the Indian banking system in 2002 as per the directive of ?
a) SEBI
b) RBI
c) IBA
d) IRDA
e) None of these
21. Often, we read in the newspapers that several Indian companies are taking the FCCB route to raise capital. What does the term FCCB stand for?
a) Foreign Currency Convertible Bond
b) Foreign Convertible Credit Bond
c) Financial Consortium and Credit Bureau
d) Future Credit and Currency Bureau
e) None of these
22. ATM cards are issued to a person who maintains any of following accounts with the bank
a) saving bank account
b) current accounts
c) term deposits
d) loan or cash credit accounts
e) either a or b
23. A commercial paper is
a) A paper issued by Reserve Bank of India an trade and commerce
b) An unsecured money market instrument issued in the form of promissory note
c) A document issued by IDBI for seeking refinance facility from Reserve Bank India
d) All of the above
e) None of the above
24. Which of the following would fall under the category of retail banking?
a) Home Loans
b) Credit Cards
c) Personal Loans
d) Car Loans
e) All of these
25. Who decides how much quantity of the coins to be minted?
a) Reserve Bank of India
b) Central Government
c) Finance Ministry
d) Both RBI and Central Government decide
e) None of the above
26. What are the components of Foreign Exchange Reserves?
a) Foreign currency assets,
b) Gold,
c) Special Drawing Rights
d) Reserve Position in the IMF
e) All the above
27. The chairman of Regional Rural Bank is appointed by _____?
a) State Government
b) Reserve Bank of India
c) Central Government
d) Sponsoring bank in consultation with NABARD
e) None of the above
ANSWERS:
1) c 2) b 3) a 4) a 5) e 6) a 7) d 8) e 9) b 10) b
11) e 12) d 13) a 14) a 15) b 16) b 17) d 18) e 19) a 20) b
21) a 22) e 23) b 24) e 25) b 26) e 27) d
Thursday, January 14, 2016
UDAY—Ujwal DISCOM Assurance Yojna
The Union Cabinet, chaired by the Prime Minister Narendra Modi, has given its approval to a new scheme moved by the Ministry of Power – Ujwal DISCOM Assurance Yojna or UDAY—for the financial turnaround and revival of power distribution companies (DISCOMs), as also to ensure a sustainable permanent solution to the problem. The weakest link in the power value chain is distribution, wherein DISCOMs have, as on 31 March 2015, accumulated losses of approximately Rs.3.8 lakh crore and outstanding debt of approximately Rs.4.3 lakh crore. Financially stressed DISCOMs are finding it difficult to supply adequate power at affordable rates, which is hampering quality of life and overall economic growth and development.
UDAY looks to assure the rise of vibrant and efficient DISCOMs through a permanent resolution of past as well as potential future issues of the sector. It will empower DISCOMs with the opportunity to break even in the next 2-3 years through four initiatives (i) Improving operational efficiencies of DISCOMs; (ii) Reduction of cost of power; (iii) Reduction in interest cost of DISCOMs; (iv) Enforcing financial discipline on DISCOMs through alignment with State finances. UDAY is a good example of the utilization of the best principles of cooperative and competitive federalism. Adopting UDAY is optional for States, but provides the fastest, most efficient and financially most feasible way for providing 24X7 Power for All. It will be operationalised through a tripartite agreement amongst the Ministry of Power, State Government and the DISCOM.
Sovereign Gold Bond Scheme
The Union government has launched the Gold Bond Scheme applications for which were accepted between 5-20 November 2015. The bonds were issued by the Reserve Bank of India, on behalf of the Union government.
The bonds were sold to Indian entities only, including residents, trusts, universities and charitable institutions. The minimum permissible bond was worth 2 grams of gold, and the maximum 500 grams. The Reserve Bank fixed the public issue price at ₹2,684 per gram for the sovereign gold bonds. The Sovereign Gold Bonds offer an interest rate of 2.75%. The interest will be payable semi-annually on the initial value of investment.
The tenor of the bond will be for a period of eight years, with exit option from fifth year, to be exercised on the interest payment dates. The price of the bond will be fixed in rupee terms, on the basis of the previous week’s (Monday – Friday) simple average of closing price of gold of 999 purity, published by the India Bullion and Jewellers Association Ltd. The same procedure would be followed for calculating the redemption price for the bonds. The interest earned on gold bonds would be taxable, and capital gains tax shall be levied as in case of physical gold.
The bonds are tradable on exchanges and will be eligible for Statutory Liquidity Ratio. Know your customer (KYC) norms will be the same as that for purchase of physical gold.
Sunday, January 10, 2016
NABARD Recruitment of Officers in Grade ‘A’ and Grade ‘B’ Exam 2015 General Knowledge Solved Paper
1. How many countries are the members of WTO as of June 2014?
(A) 160 (B) 156 (C) 153 (D) 145 (E) 172 (Ans : A)
2. What is the maximum amount that can be invested under the recently launched Kisan Vikas Patra?
(A) Rs. 1,50,000 (B) Rs. 1,00,000 (C) Rs. 5,00,000 (D) No ceiling (E) Rs. 25,000 (Ans : D)
3. The world's biggest airport for international traffic as per 2014 data is
(A) Chhatrapati Shivaji International Airport (B) Chicago International Airport (C) London's Heathrow Airport
(D) Dubai International Airport (E) Rajiv Gandhi International Airport (Ans : D)
4. Who has been named as the winner of the 2014 Sahitya Academi Award for Sanskrit?
(A) Harekrishna Satapathy (B) Ramji Thakur (C) Mithila Prasad Tripathi
(D) Prabhu. Nath Dviwedi (E) Om Prakash Pande (Ans : D)
5. What is the full form of CAFRAL in financial world?
(A) Council for Advanced Financial Research and Learning (B) Centre for Advanced Financial Research and Learning
(C) Other than those given as options (D) Council for Advanced Financial Reporting and Learning
(E) Centre for Advanced Financial Research to Logistics (Ans : B)
6. Report for 14th Finance Commission was submitted on 15. 12. 2014. Who was the Chairman of this Commission?
(A) Dr. Nachiket Mor (B) Dr. C. Rangarajan (C) Dr. YV Reddy
(D) Dr. D. Subbarao (E) Smt. Usha Thorat (Ans : C)
7. In April 2014, the Government of India signed an agreement for implementing four Hydroelectric power projects on a joint venture with which neighbour country?
(A) Myanmar (B) Bangladesh (C) Bhutan (D) Sri Lanka (E) Nepal (Ans : C)
8. The amount invested in Kisan Vikas Patra would get doubled in.
(A) 6 years and 3 months (B) 7 years and 6 months (C) 5 years and 6 months
(D) 8 years and 4 months (E) 7 years and 3 months (Ans : D)
9. Union Government announced on December 24, 2014 to confer the Bharat Ratna on which two personalities?
(A) P. V Narasimha Rao and Deen Dayal Upadhayay (B) Madan Mohan Malviya and Deen Dayal Upadhayay
(C) Atal Bihari Vajpayee and Madan Mohan Malviya (D) C. N. R. Rao and P. V Narasimha Rao
(E) Deen Dayal Upadhayay and Subhash Chandra Bose (Ans : C)
10. Who amongst the following has been recently appointed as Managing Director (MD) and Chief Executive Officer (CEO) of the Multi Commodity Exchange (MCX) Limited?
(A) Deepak Parekh (B) YH. Malegam (C) B. Venkataramani
(D) Prakash Parthasarathy (E) S. B. Mathur (Ans : C)
11. Recently a new board of Central Board of Film Certification (CBFC) has been appointed. Who amongst the following is the new Chairman?
(A) Anupam Kher (B) Sharmila Tagore (C) Pahlaj Nahlani
(D) Asha Parekh (E) Jaya Bachchan (Ans : C)
12. Which of the following is the regulator of the credit rating agencies in India?
(A) FMC (B) SBI (C) SIDBI (D) SEBI (E) IRDA (Ans : D)
13. VAT stands for–
(A) Virtual Action Tasks (B) Virtual Assessment Technique (C) Value And Tax
(D) Other than those given as options (E) Value Added Tax (Ans : E)
14. The Government has decided to start printing of one-rupee currency notes for this year. Printing of these notes was discontinued in which year–
(A) 2008 (B) 2005 (C) 2001 (D) 1995 (E) 1994 (Ans : E)
15. Which is the second-largest import for India after petroleum ?
(A) Iron and Steel (B) Electronic Goods (C) Gold (D) Coal (E) Engineering Goods (Ans : C)
16. As per the data published by World Steel Association (WSA) for the period January-September 2014, which of the following country has been ranked as top steel-producing company in the world?
(A) China (B) South Korea (C) USA (D) India (E) Japan (Ans : A)
17. What is the minimum amount that can be granted as overdraft under the PMJDY?
(A) Rs. 10,000 (B) 25,000 (C) Rs. 50,000 (D) 1,00,000 (E) Rs. 5,000 (Ans : E)
18. Recently which of the schemes of Union Government has entered into Guinness World Records ?
(A) Prime Minister Jan Dhan Yojna (B) Other than those given as options (C) Indira Awas Yojna
(D) MGNREGA (E) Swacch Bharat Abhiyan (Ans : A)
19. Which of the following stock exchange was derecognised by SEBI in November 2014 on the allegation of serious irregulatiries in its function?
(A) Calcutta Stock Exchange (B) Delhi Stock Exchange (C) Madras Stock Exchange Ltd.
(D) Ahmedabad Stock Exchange Ltd. (E) Madhya Pradesh Stock Exchange Ltd. (Ans : B)
20. Amitabh Bachchan was appointed as brand ambassador of health sector by which State Government ?
(A) Maharashtra (B) Punjab (C) Haryana (D) Andhra Pradesh (E) Gujarat (Ans : D)
21. As per RBI guidelines, banks can allow minors above………. years to independently open savings bank accounts in India?
(A) 16 (B) 10 (C) 14 (D) 12 (E) 8 (Ans : B)
22. To increase the awareness among people about all the inequalities faced by the girl child in society, which of the following day is observed as 'National Girl Child Day'?
(A) 8th March (B) Other than those given as options (C) 21st January
(D) 24th January (E) 14th November (Ans : D)
23. During the period' 2013-14 the highest FDI in India came from which of the, following countries?
(A) Singapore (B) Netherlands (C) Abu Dabhi (D) UK (E) Mauritius (Ans : A)
24. What is the slogan of 'Pradhan Mantri Jan Dhan Yojna'?
(A) Mera Khata Desh Pehchan (B) Mera Khata Anna Daata (C) Mera Khata Unnati Ki Pehchan
(D) Mera Khata Bhagya Vidhata (E) Ek Khata Sabkeliye (Ans : D)
25. Prime Minister Narendra Modi's suit with his name embroidered in gold pinstripes was out on auction recently at which of the following cities?
(A) Varanasi (B) New Delhi (C) Surat (D) Mumbai (E) Ahmedabad (Ans : C)
26. The Charlie Hebdo, a weekly magazine, is published in which of the following countries ?
(A) Sweden (B) Germany (C) France (D) Switzerland (E) Greece (Ans : C)
27. The stock market index of London stock exchange is referred to as–
(A) NIKKEI225 (B) DOWJONES (C) S&P TSX (D) FTSE 100 (E) SENSEX (Ans : D)
28. As per the Income Tax law, who among the following is categorised as 'very senior citizen'?
(A) Individuals above the age of 85 (B) Individuals above the age of 62
(C) Individuals above the age of 80 (D) Individuals above the age of 60
(E) Individuals above the age of 75 (Ans : C)
29. As per the recent press reports which among the following banks of India appear in the top 50 Global Banks in terms of market capitalisation?
(A) HDFC Bank and SBI (B) ICICI and HDFC bank (C) Bank of Baroda and SBI
(D) Axis Bank and SBI (E) ICICI and SBI (Ans : A)
30. The first Indian cricketer to score century against Pakistan in World Cup is–
(A) Sunil Gavaskar (B) Virat Kohli (C) M. S. Dhoni (D) Sachin Tendulkar (E) Yuvraj Singh (Ans : B)
31. What is the new name of Planning Commission ?
(A) National Development Agency (B) National Institution for Transforming India (NITI) Aayog
(C) Bharat Pragati Lakshya (BPL) Aayog (D) Naya Yojna Ayog
(E) Social Economic Development Committee (Ans : B)
32. In Dubai International Film Festival 2014, who among the following artists was awarded Lifetime Achievement Award?
(A) Manoj Kumar (B) Asha Bhonsle (C) Lata Mangeshkar (D) Amitabh Bachchan (E) Dilip Kumar (Ans : B)
33. Which of the following banks will have the highest share of capital infusion out of Rs. 6,990 crore announced by the Government recently?
(A) Punjab National Bank (B) Canara Bank (C) State Bank of India (D) Bank of Baroda (E) ICICI (Ans : C)
34. Which of the following institutions has introduced Rupay debit card?
(A) VISA (B) NPCI (C) DISCOVER (D) RBI (E) MASTER (Ans : B)
35. A credit card user has to be conversant with 'MITC' of the issuer. What is the full form of this term?
(A) Most indicated terms and clauses (B) Other than those given as options
(C) Most important terms and conditions (D) Most indicated terms and conditions
(E) Most important terms and clauses (Ans : C)
36. Who was R.K. Laxman, who passed away recently?
(A) A fiction writer (B) A music director (C) A film director (D) A cartoonist (E) An actor (Ans : D)
37. Jim Corbett National Park is situated in which State?
(A) Uttarakhand (B) Uttar Pradesh (C) Himachal Pradesh (D) Assam (E) Meghalaya (Ans : A)
38. Which of the following micro finance companies has been given a licence by RBI to start a bank?
(A) Bandhan Financial Services Pvt. Ltd. (B) Grameen Financial Services Pvt. Ltd.
(C) SKS Microfmance Ltd. (D) Janalakshmi Financial Services Pvt. Ltd.
(E) Ujjivan Financial Services Pvt. Ltd. (Ans : A)
39. Recommendations of 7th Pay Commission are likely to be implemented from–
(A) 1st December 2015 (B) 1st June 2015 (C) 1st April 2015
(D) 1st January 2016 (E) 15th November 2015 (Ans : D)
40. How many teams are playing in ICC Cricket World Cup 2015?
(A) 16 (B) 15 (C) Other than those given as options (D) 12 (E) 13 (Ans : C)
(A) 160 (B) 156 (C) 153 (D) 145 (E) 172 (Ans : A)
2. What is the maximum amount that can be invested under the recently launched Kisan Vikas Patra?
(A) Rs. 1,50,000 (B) Rs. 1,00,000 (C) Rs. 5,00,000 (D) No ceiling (E) Rs. 25,000 (Ans : D)
3. The world's biggest airport for international traffic as per 2014 data is
(A) Chhatrapati Shivaji International Airport (B) Chicago International Airport (C) London's Heathrow Airport
(D) Dubai International Airport (E) Rajiv Gandhi International Airport (Ans : D)
4. Who has been named as the winner of the 2014 Sahitya Academi Award for Sanskrit?
(A) Harekrishna Satapathy (B) Ramji Thakur (C) Mithila Prasad Tripathi
(D) Prabhu. Nath Dviwedi (E) Om Prakash Pande (Ans : D)
5. What is the full form of CAFRAL in financial world?
(A) Council for Advanced Financial Research and Learning (B) Centre for Advanced Financial Research and Learning
(C) Other than those given as options (D) Council for Advanced Financial Reporting and Learning
(E) Centre for Advanced Financial Research to Logistics (Ans : B)
6. Report for 14th Finance Commission was submitted on 15. 12. 2014. Who was the Chairman of this Commission?
(A) Dr. Nachiket Mor (B) Dr. C. Rangarajan (C) Dr. YV Reddy
(D) Dr. D. Subbarao (E) Smt. Usha Thorat (Ans : C)
7. In April 2014, the Government of India signed an agreement for implementing four Hydroelectric power projects on a joint venture with which neighbour country?
(A) Myanmar (B) Bangladesh (C) Bhutan (D) Sri Lanka (E) Nepal (Ans : C)
8. The amount invested in Kisan Vikas Patra would get doubled in.
(A) 6 years and 3 months (B) 7 years and 6 months (C) 5 years and 6 months
(D) 8 years and 4 months (E) 7 years and 3 months (Ans : D)
9. Union Government announced on December 24, 2014 to confer the Bharat Ratna on which two personalities?
(A) P. V Narasimha Rao and Deen Dayal Upadhayay (B) Madan Mohan Malviya and Deen Dayal Upadhayay
(C) Atal Bihari Vajpayee and Madan Mohan Malviya (D) C. N. R. Rao and P. V Narasimha Rao
(E) Deen Dayal Upadhayay and Subhash Chandra Bose (Ans : C)
10. Who amongst the following has been recently appointed as Managing Director (MD) and Chief Executive Officer (CEO) of the Multi Commodity Exchange (MCX) Limited?
(A) Deepak Parekh (B) YH. Malegam (C) B. Venkataramani
(D) Prakash Parthasarathy (E) S. B. Mathur (Ans : C)
11. Recently a new board of Central Board of Film Certification (CBFC) has been appointed. Who amongst the following is the new Chairman?
(A) Anupam Kher (B) Sharmila Tagore (C) Pahlaj Nahlani
(D) Asha Parekh (E) Jaya Bachchan (Ans : C)
12. Which of the following is the regulator of the credit rating agencies in India?
(A) FMC (B) SBI (C) SIDBI (D) SEBI (E) IRDA (Ans : D)
13. VAT stands for–
(A) Virtual Action Tasks (B) Virtual Assessment Technique (C) Value And Tax
(D) Other than those given as options (E) Value Added Tax (Ans : E)
14. The Government has decided to start printing of one-rupee currency notes for this year. Printing of these notes was discontinued in which year–
(A) 2008 (B) 2005 (C) 2001 (D) 1995 (E) 1994 (Ans : E)
15. Which is the second-largest import for India after petroleum ?
(A) Iron and Steel (B) Electronic Goods (C) Gold (D) Coal (E) Engineering Goods (Ans : C)
16. As per the data published by World Steel Association (WSA) for the period January-September 2014, which of the following country has been ranked as top steel-producing company in the world?
(A) China (B) South Korea (C) USA (D) India (E) Japan (Ans : A)
17. What is the minimum amount that can be granted as overdraft under the PMJDY?
(A) Rs. 10,000 (B) 25,000 (C) Rs. 50,000 (D) 1,00,000 (E) Rs. 5,000 (Ans : E)
18. Recently which of the schemes of Union Government has entered into Guinness World Records ?
(A) Prime Minister Jan Dhan Yojna (B) Other than those given as options (C) Indira Awas Yojna
(D) MGNREGA (E) Swacch Bharat Abhiyan (Ans : A)
19. Which of the following stock exchange was derecognised by SEBI in November 2014 on the allegation of serious irregulatiries in its function?
(A) Calcutta Stock Exchange (B) Delhi Stock Exchange (C) Madras Stock Exchange Ltd.
(D) Ahmedabad Stock Exchange Ltd. (E) Madhya Pradesh Stock Exchange Ltd. (Ans : B)
20. Amitabh Bachchan was appointed as brand ambassador of health sector by which State Government ?
(A) Maharashtra (B) Punjab (C) Haryana (D) Andhra Pradesh (E) Gujarat (Ans : D)
21. As per RBI guidelines, banks can allow minors above………. years to independently open savings bank accounts in India?
(A) 16 (B) 10 (C) 14 (D) 12 (E) 8 (Ans : B)
22. To increase the awareness among people about all the inequalities faced by the girl child in society, which of the following day is observed as 'National Girl Child Day'?
(A) 8th March (B) Other than those given as options (C) 21st January
(D) 24th January (E) 14th November (Ans : D)
23. During the period' 2013-14 the highest FDI in India came from which of the, following countries?
(A) Singapore (B) Netherlands (C) Abu Dabhi (D) UK (E) Mauritius (Ans : A)
24. What is the slogan of 'Pradhan Mantri Jan Dhan Yojna'?
(A) Mera Khata Desh Pehchan (B) Mera Khata Anna Daata (C) Mera Khata Unnati Ki Pehchan
(D) Mera Khata Bhagya Vidhata (E) Ek Khata Sabkeliye (Ans : D)
25. Prime Minister Narendra Modi's suit with his name embroidered in gold pinstripes was out on auction recently at which of the following cities?
(A) Varanasi (B) New Delhi (C) Surat (D) Mumbai (E) Ahmedabad (Ans : C)
26. The Charlie Hebdo, a weekly magazine, is published in which of the following countries ?
(A) Sweden (B) Germany (C) France (D) Switzerland (E) Greece (Ans : C)
27. The stock market index of London stock exchange is referred to as–
(A) NIKKEI225 (B) DOWJONES (C) S&P TSX (D) FTSE 100 (E) SENSEX (Ans : D)
28. As per the Income Tax law, who among the following is categorised as 'very senior citizen'?
(A) Individuals above the age of 85 (B) Individuals above the age of 62
(C) Individuals above the age of 80 (D) Individuals above the age of 60
(E) Individuals above the age of 75 (Ans : C)
29. As per the recent press reports which among the following banks of India appear in the top 50 Global Banks in terms of market capitalisation?
(A) HDFC Bank and SBI (B) ICICI and HDFC bank (C) Bank of Baroda and SBI
(D) Axis Bank and SBI (E) ICICI and SBI (Ans : A)
30. The first Indian cricketer to score century against Pakistan in World Cup is–
(A) Sunil Gavaskar (B) Virat Kohli (C) M. S. Dhoni (D) Sachin Tendulkar (E) Yuvraj Singh (Ans : B)
31. What is the new name of Planning Commission ?
(A) National Development Agency (B) National Institution for Transforming India (NITI) Aayog
(C) Bharat Pragati Lakshya (BPL) Aayog (D) Naya Yojna Ayog
(E) Social Economic Development Committee (Ans : B)
32. In Dubai International Film Festival 2014, who among the following artists was awarded Lifetime Achievement Award?
(A) Manoj Kumar (B) Asha Bhonsle (C) Lata Mangeshkar (D) Amitabh Bachchan (E) Dilip Kumar (Ans : B)
33. Which of the following banks will have the highest share of capital infusion out of Rs. 6,990 crore announced by the Government recently?
(A) Punjab National Bank (B) Canara Bank (C) State Bank of India (D) Bank of Baroda (E) ICICI (Ans : C)
34. Which of the following institutions has introduced Rupay debit card?
(A) VISA (B) NPCI (C) DISCOVER (D) RBI (E) MASTER (Ans : B)
35. A credit card user has to be conversant with 'MITC' of the issuer. What is the full form of this term?
(A) Most indicated terms and clauses (B) Other than those given as options
(C) Most important terms and conditions (D) Most indicated terms and conditions
(E) Most important terms and clauses (Ans : C)
36. Who was R.K. Laxman, who passed away recently?
(A) A fiction writer (B) A music director (C) A film director (D) A cartoonist (E) An actor (Ans : D)
37. Jim Corbett National Park is situated in which State?
(A) Uttarakhand (B) Uttar Pradesh (C) Himachal Pradesh (D) Assam (E) Meghalaya (Ans : A)
38. Which of the following micro finance companies has been given a licence by RBI to start a bank?
(A) Bandhan Financial Services Pvt. Ltd. (B) Grameen Financial Services Pvt. Ltd.
(C) SKS Microfmance Ltd. (D) Janalakshmi Financial Services Pvt. Ltd.
(E) Ujjivan Financial Services Pvt. Ltd. (Ans : A)
39. Recommendations of 7th Pay Commission are likely to be implemented from–
(A) 1st December 2015 (B) 1st June 2015 (C) 1st April 2015
(D) 1st January 2016 (E) 15th November 2015 (Ans : D)
40. How many teams are playing in ICC Cricket World Cup 2015?
(A) 16 (B) 15 (C) Other than those given as options (D) 12 (E) 13 (Ans : C)
GENERAL AWARENESS PRACTICE QUESTIONS FOR BANK EXAMS
1. The headquarters of the "United Nations Environment Programme" (UNEP) are situated in–
(A) New York City, USA (B) Washington DC, USA (C) Geneva, Switzerland
(D) Nairobi, Kenya (E) Vienna, Australia (Ans : D)
2. The 2016 European Football Championship Euro 2016" is scheduled to take place from June 10 to July 2016 in–
(A) Italy (B) Scotland (C) France (D) Denmark (E) Germany (Ans : C)
3. The book 'Letters from a Nation from Jawaharlal Nehru to his Chief Ministers 1947-1963' edited by Madhav Khosla has recently been published by–
(A) Pavilion Books (B) Pathfinder Press (C) Penguin Books (D) Prentice Hall (E) Pan McMillan (Ans : C)
4. Cibil Transunion score ranges from……… to.
(A) 100, 300 (B) 300, 500 (C) 300, 900 (D) 250, 750 (E) 100, 900 (Ans : C)
5. The first man to be appointed as the Goodwill Ambassador for South Asian for UN Women's newly launched- 'He For She' initiative is–
(A) Aamir Khan (B) Sourav Ganguly (C) Sachin Tendulkar (D) Farhan Akhtar (E) Virat Kohli (Ans : D)
6. Which of the following institutes has introduced RuPay Debit Card?
(A) DISCOVER (B) VISA (C) MASTER (D) RBI (E) NPCI (Ans : E)
7. The National Capital of Republic of Iraq is–
(A) Medina (B) Al Bahah (C) Baghdad (D) Jeddah (E) Tehran (Ans : C)
8. As per the press report what is the deadline for exchange of pre 2005 notes?
(A) 15-12-2014 (B) 30-11-2014 (C) 01-01-2015 (D) 31-03-2015 (E) 30-12-2014 (Ans : C)
9. With a view to scaling up bilateral Research and innovation relationship ‘A Newton Bhabha Fund has recently been established by India and–
(A) United States of America (B) United Kingdom (UK) (C) France (D) Scotland (E) Ireland (Ans : B)
10. The Constituent member of the Council of Scientific and Industrial Research (CSIR), the National Chemical Laboratory (NCL) is situated at–
(A) NOIDA, Uttar Pradesh (B) Hyderabad, Telangana (C) Pune, Maharashtra
(D) Hissar, Haryana (E) Ludhiana, Punjab (Ans : C)
11. The Currency of the 'Kingdom of Saudi Arabia' (KSA) is–
(A) Saudi Rupee (SAR) (B) Saudi Real (SAR) (C) Saudi Rupiah (SAR)
(D) Saudi Rubir (SAR) (E) Saudi Riyal (SAR) (Ans : E)
12. In Banking, IFSC code stands for–
(A) International Forex System Code (B) Other than those given as options
(C) Indian Function System Code (D) Indian Financial System Code
(E) International Format System Code (Ans : D)
13. 'Veenapani Chawla' who died recently at the age of 67 was an acclaimed–
(A) Classical Dancer (B) Theatre Personality (C) Hindi Poet and Lyricist
(D) Scientist (E) Sportsperson (Ans : B)
14. The 45th International Film Festival of India (IFFI) was recently held at–
(A) New Delhi (B) Bengaluru (C) Goa (D) Pune (E) Lucknow (Ans : C)
15. Which of the following Authorities issues IEC code to enable an entity to undertake export/import business in our country?
(A) Finance Ministry (B) DGFT (C) RBI (D) SEBI (E) No such code is necessary hence anyone can undertake import/ export business (Ans : B)
16. Which of the following is the main objective of the Govt. in introducing the Jan Dhan Yojana?
(A) To provide minimum one account for every household (B) To ensure that banks in India gets more deposits
(C) Other than those given as options (D) To increase the number of savings bank accounts in public sector banks
(E) To increase the vote bank (Ans : A)
17. The 'World Aids Day' is observed across the world every year on–
(A) 1st April (B) 8th June (C) 8th August (D) 1st December (E) 9th December (Ans : D)
18. Which of the following issue Commercial Paper?
(A) Other than those given as options (B) High net worth individuals (C) Banks (D) RBI (E) Corporates (Ans : E)
19. Dronacharya Award is an Award presented by the Government of India for Excellence in–
(A) Primary Education (B) Adult Literacy (C) Sports Coaching (D) Educational Research (E) College Education (Ans : C)
20. As per a resolution of the United Nations the World observes November 19 every year as the–
(A) World Radio Day (B) World Health Day (C) World Water Day (D) World Toilet Day (E) World Happiness Day (Ans : D)
21. The winner of the men's Kabaddi Gold in the 17th Asian Games is–
(A) India (B) Pakistan (C) Japan (D) Iran (E) South Korea (Ans : A)
22. In spite of the differences with the States, policy-makers believe that 'GST' can be in force by its deadline of April 1, 2016. The abbreviation 'GST stands for–
(A) General Sales Tax (B) Goods and Service Tax (C) Global Sales Tax
(D) Government Sales Tax (E) General Service Tax (Ans : B)
23. The 'Magnetic Hills' or the so-called 'Gravity Hills' are located near–
(A) Leh in Ladakh (B) Itanagar in Arunachal Pradesh (C) Gangtok in Sikkim
(D) Panaji in Goa (E) Kannur in Kerala (Ans : A)
24. Which of the following Indian states has become the first state in the country where voting in local body polls has been made mandatory?
(A) Haryana (B) Maharashtra (C) Gujarat (D) Telangana (E) Tamil Nadu (Ans : C)
25. PSLV is an expandable launch system developed and operated by ISRO to launch its 'IRS' satellites. The abbreviation 'IRS' stands for–
(A) Indian Remote Shadow (B) Indian Research Science (C) Indian Remote Surveillance
(D) Indian Remote Sensing (E) Indian Remote Supervision (Ans : D)
26. What is the lock-in-period for a tax-saver fixed deposit in a bank ?
(A) 2 and half years (B) 3 years (C) 2 years (D) 5 years (E) There is no lock-in-period (Ans : D)
27. Which of the following former Indian cricket captains is associated with the upliftment of poor and destitute communicates through the Khushi Society?
(A) Rahul Dravid (B) Sunil Gavaskar (C) Sachin Tendulkar (D) Sourav Ganguly (E) Kapil Dev (Ans : E)
28. The STAR Sports Vijay Trophy is associated with the game of–
(A) Hockey (B) Cricket (C) Golf (D) Tennis (E) Basketball (Ans : B)
29. China's 14-year old 'Yan Bangtao' recently became the youngest player to win a World Title. 'Yan Bangtao' is associated with the game of–
(A) Chess (B) Boxing (C) Archery (D) Snooker (E) Lawn Tennis (Ans : D)
30. Held every year in the month of December the 'Hornbill Festival' is the premier festival of the Indian State of–
(A) Sikkim (B) Meghalaya (C) Goa (D) Tripura (E) Nagaland (Ans : E)
31. In Bank group-wise classification, IDBI Bank Ltd. has been included in which among the following?
(A) Private sector banks (B) Foreign banks (C) Investment banks
(D) Other than those given as options (E) Public sector banks (Ans : E)
32. The 2014 Sweriges Raksbank Prize in economic sciences in memory of Alfred Nobel has been awarded to–
(A) Jean Tirole of France (B) Hiroshi Amano of Japan (C) Isamu Alaski of Japan
(D) Patrick Moniamo of France (E) Norwegian May-Bratt and Edward Moser (Ans : A)
33. 'What is the percentage of share holding of the concerned State Govt. in Regional Rural Bank ?
(A) 100% (B) 15% (C) 50% (D) 35% (E) 75% (Ans : B)
34. In Limited Liability Partnership (LLP) what is the extent of liability of a partner?
(A) Liability of Partners is jointly and several (B) Other than those given as options
(C) Each partner is fully liable (D) Limited to the extent of his share holding
(E) Each partner is liable not only to the extent of his share but also to the share of other partners in case of any shortfall (Ans : D)
35. The 2014 Urban Mobility India (UMI) conference was recently held in–
(A) Bengaluru (B) Navi Mumbai (C) Ahmedabad (D) New Delhi (E) Chandigarh (Ans : D)
36. Many times we read about SEZ in Newspapers/Magazines. What is the full form of SEZ ?
(A) Socio Economic Zone (B) Special Economic Zone (C) Small Economic Zone
(D) Special Enforcement Zone (E) Service and Economic Zone (Ans : B)
37. What is the capital of Iraq?
(A) Baghdad (B) Turkey (C) Istanbul (D) Kirkuk (E) Zakho (Ans : A)
38. What is the full form of PDA?
(A) Personal Digital Assistant (B) Personal Digital Assist (C) Professional Digital Assist
(D) Professional Digital Association (E) Personal Digital Assessment (Ans : A)
39. Gilt-edged market means–
(A) bullion market (B) market of government securities (C) market of guns
(D) market of pure metals (E) market of finance (Ans : B)
40. 'Cinepolis' which has a presence of 110 screens in India is reported to have acquired the chain fun cinemas of the essel group (93 screens). 'Cinepolis' is a–
(A) Chinese Multiplex Chain (B) Indian Multiplex Chain (C) Russian Multiplex Chain
(D) French Multiplex Chain (E) Mexican Multiplex Chain (Ans : E)
(A) New York City, USA (B) Washington DC, USA (C) Geneva, Switzerland
(D) Nairobi, Kenya (E) Vienna, Australia (Ans : D)
2. The 2016 European Football Championship Euro 2016" is scheduled to take place from June 10 to July 2016 in–
(A) Italy (B) Scotland (C) France (D) Denmark (E) Germany (Ans : C)
3. The book 'Letters from a Nation from Jawaharlal Nehru to his Chief Ministers 1947-1963' edited by Madhav Khosla has recently been published by–
(A) Pavilion Books (B) Pathfinder Press (C) Penguin Books (D) Prentice Hall (E) Pan McMillan (Ans : C)
4. Cibil Transunion score ranges from……… to.
(A) 100, 300 (B) 300, 500 (C) 300, 900 (D) 250, 750 (E) 100, 900 (Ans : C)
5. The first man to be appointed as the Goodwill Ambassador for South Asian for UN Women's newly launched- 'He For She' initiative is–
(A) Aamir Khan (B) Sourav Ganguly (C) Sachin Tendulkar (D) Farhan Akhtar (E) Virat Kohli (Ans : D)
6. Which of the following institutes has introduced RuPay Debit Card?
(A) DISCOVER (B) VISA (C) MASTER (D) RBI (E) NPCI (Ans : E)
7. The National Capital of Republic of Iraq is–
(A) Medina (B) Al Bahah (C) Baghdad (D) Jeddah (E) Tehran (Ans : C)
8. As per the press report what is the deadline for exchange of pre 2005 notes?
(A) 15-12-2014 (B) 30-11-2014 (C) 01-01-2015 (D) 31-03-2015 (E) 30-12-2014 (Ans : C)
9. With a view to scaling up bilateral Research and innovation relationship ‘A Newton Bhabha Fund has recently been established by India and–
(A) United States of America (B) United Kingdom (UK) (C) France (D) Scotland (E) Ireland (Ans : B)
10. The Constituent member of the Council of Scientific and Industrial Research (CSIR), the National Chemical Laboratory (NCL) is situated at–
(A) NOIDA, Uttar Pradesh (B) Hyderabad, Telangana (C) Pune, Maharashtra
(D) Hissar, Haryana (E) Ludhiana, Punjab (Ans : C)
11. The Currency of the 'Kingdom of Saudi Arabia' (KSA) is–
(A) Saudi Rupee (SAR) (B) Saudi Real (SAR) (C) Saudi Rupiah (SAR)
(D) Saudi Rubir (SAR) (E) Saudi Riyal (SAR) (Ans : E)
12. In Banking, IFSC code stands for–
(A) International Forex System Code (B) Other than those given as options
(C) Indian Function System Code (D) Indian Financial System Code
(E) International Format System Code (Ans : D)
13. 'Veenapani Chawla' who died recently at the age of 67 was an acclaimed–
(A) Classical Dancer (B) Theatre Personality (C) Hindi Poet and Lyricist
(D) Scientist (E) Sportsperson (Ans : B)
14. The 45th International Film Festival of India (IFFI) was recently held at–
(A) New Delhi (B) Bengaluru (C) Goa (D) Pune (E) Lucknow (Ans : C)
15. Which of the following Authorities issues IEC code to enable an entity to undertake export/import business in our country?
(A) Finance Ministry (B) DGFT (C) RBI (D) SEBI (E) No such code is necessary hence anyone can undertake import/ export business (Ans : B)
16. Which of the following is the main objective of the Govt. in introducing the Jan Dhan Yojana?
(A) To provide minimum one account for every household (B) To ensure that banks in India gets more deposits
(C) Other than those given as options (D) To increase the number of savings bank accounts in public sector banks
(E) To increase the vote bank (Ans : A)
17. The 'World Aids Day' is observed across the world every year on–
(A) 1st April (B) 8th June (C) 8th August (D) 1st December (E) 9th December (Ans : D)
18. Which of the following issue Commercial Paper?
(A) Other than those given as options (B) High net worth individuals (C) Banks (D) RBI (E) Corporates (Ans : E)
19. Dronacharya Award is an Award presented by the Government of India for Excellence in–
(A) Primary Education (B) Adult Literacy (C) Sports Coaching (D) Educational Research (E) College Education (Ans : C)
20. As per a resolution of the United Nations the World observes November 19 every year as the–
(A) World Radio Day (B) World Health Day (C) World Water Day (D) World Toilet Day (E) World Happiness Day (Ans : D)
21. The winner of the men's Kabaddi Gold in the 17th Asian Games is–
(A) India (B) Pakistan (C) Japan (D) Iran (E) South Korea (Ans : A)
22. In spite of the differences with the States, policy-makers believe that 'GST' can be in force by its deadline of April 1, 2016. The abbreviation 'GST stands for–
(A) General Sales Tax (B) Goods and Service Tax (C) Global Sales Tax
(D) Government Sales Tax (E) General Service Tax (Ans : B)
23. The 'Magnetic Hills' or the so-called 'Gravity Hills' are located near–
(A) Leh in Ladakh (B) Itanagar in Arunachal Pradesh (C) Gangtok in Sikkim
(D) Panaji in Goa (E) Kannur in Kerala (Ans : A)
24. Which of the following Indian states has become the first state in the country where voting in local body polls has been made mandatory?
(A) Haryana (B) Maharashtra (C) Gujarat (D) Telangana (E) Tamil Nadu (Ans : C)
25. PSLV is an expandable launch system developed and operated by ISRO to launch its 'IRS' satellites. The abbreviation 'IRS' stands for–
(A) Indian Remote Shadow (B) Indian Research Science (C) Indian Remote Surveillance
(D) Indian Remote Sensing (E) Indian Remote Supervision (Ans : D)
26. What is the lock-in-period for a tax-saver fixed deposit in a bank ?
(A) 2 and half years (B) 3 years (C) 2 years (D) 5 years (E) There is no lock-in-period (Ans : D)
27. Which of the following former Indian cricket captains is associated with the upliftment of poor and destitute communicates through the Khushi Society?
(A) Rahul Dravid (B) Sunil Gavaskar (C) Sachin Tendulkar (D) Sourav Ganguly (E) Kapil Dev (Ans : E)
28. The STAR Sports Vijay Trophy is associated with the game of–
(A) Hockey (B) Cricket (C) Golf (D) Tennis (E) Basketball (Ans : B)
29. China's 14-year old 'Yan Bangtao' recently became the youngest player to win a World Title. 'Yan Bangtao' is associated with the game of–
(A) Chess (B) Boxing (C) Archery (D) Snooker (E) Lawn Tennis (Ans : D)
30. Held every year in the month of December the 'Hornbill Festival' is the premier festival of the Indian State of–
(A) Sikkim (B) Meghalaya (C) Goa (D) Tripura (E) Nagaland (Ans : E)
31. In Bank group-wise classification, IDBI Bank Ltd. has been included in which among the following?
(A) Private sector banks (B) Foreign banks (C) Investment banks
(D) Other than those given as options (E) Public sector banks (Ans : E)
32. The 2014 Sweriges Raksbank Prize in economic sciences in memory of Alfred Nobel has been awarded to–
(A) Jean Tirole of France (B) Hiroshi Amano of Japan (C) Isamu Alaski of Japan
(D) Patrick Moniamo of France (E) Norwegian May-Bratt and Edward Moser (Ans : A)
33. 'What is the percentage of share holding of the concerned State Govt. in Regional Rural Bank ?
(A) 100% (B) 15% (C) 50% (D) 35% (E) 75% (Ans : B)
34. In Limited Liability Partnership (LLP) what is the extent of liability of a partner?
(A) Liability of Partners is jointly and several (B) Other than those given as options
(C) Each partner is fully liable (D) Limited to the extent of his share holding
(E) Each partner is liable not only to the extent of his share but also to the share of other partners in case of any shortfall (Ans : D)
35. The 2014 Urban Mobility India (UMI) conference was recently held in–
(A) Bengaluru (B) Navi Mumbai (C) Ahmedabad (D) New Delhi (E) Chandigarh (Ans : D)
36. Many times we read about SEZ in Newspapers/Magazines. What is the full form of SEZ ?
(A) Socio Economic Zone (B) Special Economic Zone (C) Small Economic Zone
(D) Special Enforcement Zone (E) Service and Economic Zone (Ans : B)
37. What is the capital of Iraq?
(A) Baghdad (B) Turkey (C) Istanbul (D) Kirkuk (E) Zakho (Ans : A)
38. What is the full form of PDA?
(A) Personal Digital Assistant (B) Personal Digital Assist (C) Professional Digital Assist
(D) Professional Digital Association (E) Personal Digital Assessment (Ans : A)
39. Gilt-edged market means–
(A) bullion market (B) market of government securities (C) market of guns
(D) market of pure metals (E) market of finance (Ans : B)
40. 'Cinepolis' which has a presence of 110 screens in India is reported to have acquired the chain fun cinemas of the essel group (93 screens). 'Cinepolis' is a–
(A) Chinese Multiplex Chain (B) Indian Multiplex Chain (C) Russian Multiplex Chain
(D) French Multiplex Chain (E) Mexican Multiplex Chain (Ans : E)
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