Beti Bachao, Beti Padhao

The Census(2011) data showed a significant declining trend in the Child Sex Ratio (CSR)
at an all time low of 918. The sharp decline pointed out by this data called for urgent action to save the girl child. Towards this end, the government announced Beti Bachao, Beti Padhao (BBBP) scheme to address the issue of decline in CSR through a mass campaign across the country and focussed intervention and multi-sectoral action in 100 gender critical districts. 100 districts have been identified on the basis of low child sex ratio as per Census 2011 covering all states/UTs as a pilot project with at least one district in each state. The three criteria for selection of districts are a) districts below the national average(87 districts in 23 states); b) districts above national average but showing declining trend(8 districts in 8 states) and c) districts above national average and showing increasing trend(5 districts in 5 states) so selected, so that these CSR levels can be maintained and other districts can emulate and learn from their experiences.

A budgetary allocation of Rs 100 cr has been made under the budget announcement for the campaign and Rs 100 cr is to be mobilised from Plan outlay of the planned scheme 'Care and protection of girl child - a multi-sectoral action plan' for the 12th plan. Additional resources could be mobilised through corporate social responsibility at national and state levels. The estimated cost of the scheme is Rs 200 cr, out of which Rs 115 cr is proposed to be released during the current year i.e. 2014-15 (for six months); Rs 45 cr and Rs 40 cr will be released during 2015-16 and 2016-2017 respectively.

•  The overall goal of the scheme is to celebrate the girl child and enable her education. The objectives are to prevent gender biased sex selective elimination and ensure survival, protection and education of the girl child.
•  Eight monitorable targets for this programme have been identified, namely, improving the SRB in 100 gender critical districts by 10 points in a year;
•  Reducing gender differentials in under-five child mortality rate from 8 points in 2011 to 4 points in 2017;
•  Improving the nutrition status of girls by reducing number of underweight and anaemic girls under 5 years of age (from NFHS 3 levels);
•  Ensuring universalisation of ICDS, girls' attendance and equal care monitored using joint ICDS-NRHM Mother Child Protection Cards;
•  Increasing girls' enrollment in secondary education from 76 per cent in 2013-14 to 79 per cent by 2017;
•  Provision of girls' toilets in every school in 100 CSR districts by 2017;
•  Promoting a protective environment for Girl children through implementation of Protection Of Children from Sexual Offences (POSCO) Act 2012 and;
•  Training elected representatives/grassroots functionaries as community champions to mobilise the communities to improve CSR and promote girls' education. The strategies worked out to achieve these targets included-
•  Implementation of a sustained social mobilisation and communication campaign to create equal value for the girl child and promote her education;
•  Placing of the issue of decline in CSR/SRB in public discourse as part of good governance;
•  Focussing on gender critical districts and cities low on CSR for intensive and integrated action;
•  Mobilising and training panchayati raj institutions/urban local bodies/grassroots workers as catalysts for social change, in partnership with local community/women's/youth groups;
•  Ensuring that service delivery structures/schemes and programmes are sufficiently responsive to issues of gender and children's rights and lastly;
•  Enabling inter-sectoral and inter-institutional convergence at district/block/grassroots levels.

The two major components to achieve the targets of the programme are mass communication campaign on the programme through interlinked national, state and district level interventions with community level action in 100 districts, bringing together different stakeholders for accelerated impact. Multi-sectoral action, drawn up in consultation with MoHFW & MoHRD, would include measurable outcomes and indicators through concerned sectors, states and districts. The states/UTs would adapt a flexible framework for multisectoral action through the state task forces for developing, implementing and monitoring state/district plans of action to achieve their respective specific monitorable targets.

One of the prongs for the success of this programme was advocacy, community mobilisation and
awareness generation. The scheme proposal suggests that community mobilisation could be done through interactive initiatives like Nari ki Chaupal, Beti Janmahotsav, Mann ki Baat etc. A dedicated day could be scheduled every month for celebration of Beti Bachao, Beti Padhao. National Girl Child day could be celebrated on 24th January every year by all stakeholders including local opinion makers, PRI members, MLAs, MPs etc at district levels led by the district administration of the 100 gender critical districts. International Women's Day could be celebrated to send out a strong message highlighting the importance of gender equality and need of empowering women and girls. Further, celebration of this Day can be used to highlight the contribution of empowered mothers for the BBBP scheme. A pledge for protection, safety, value and education of the girl child may be adopted by the government of India and it may be taken on the occasion of National Girl Child Day.

PAHAL SCHEME

PAHAL stands for Pratyaksh Hanstantrit Labh which is a Direct Benefit Transfer for LPG (DBTL) scheme, launched by the Centre on 1st January, 2015 with the aim to benefit the LPG consumers. Under this scheme, LPG cylinders will be sold to Cash Transfer Compliant (CTC) consumers at the market determined price, while the cash subsidy will be directly transferred to the bank account of the beneficiary by the following methods:
1. Primary: Consumers having Aadhar number have to get it linked with bank account so as to get the subsidy directly in their bank accounts.
2. Secondary: Consumers lacking Aadhar number will get subsidy in their account after submitting their relevant bank account details to the LPG distributor (A/C No., Name of A/C holder, IFSC code etc).
Consumers who are receiving subsidy directly in their bank accounts are called Cash Transfer Compliant (CTC) Consumers. For the non-CTC Consumers, however, a grace period of three months (with an additional parking period of three months) is allowed to become CTC consumer. But during this period, the non- CTC consumers will be given LPG cylinders at the market determined prices.
A one- time advance is provided to every CTC Consumer joining PAHAL. The advance is notified by the Government from time to time and remains fixed during that financial year. The advance will remain with the consumers till the time of termination of their connection.
The modified scheme had been re launched initially in 54 districts of the country in the first phase and in other parts of the country on 1st January 2015.

Vanbandhu Kalyan Yojana

Centre has launched Vanbandhu Kalyan Yojana (VKY) for the welfare of Tribals. The scheme been launched on pilot basis in one block each of the States of AP, MP, HP, Telangana, Orissa, Jharkhand, Chattisgarh, Rajasthan, Maharashtra and Gujarat. Under this scheme centre has provided Rs. 10 crore for each block for development of various facilities for the Tribals. These blocks have been selected on the recommendations of the concerned States and have very low literacy rate. The scheme mainly focuses on bridging infrastructural gaps and gaps in human development indices between Schedule tribes and other social groups. VKY also envisages to focus on convergence of different schemes of development of the centre and State Governments with an outcome oriented approach. Initially the blocks having at least 33 per cent tribal population in comparison to total population of the block are to be targeted.

National AYUSH Mission

The Government has launched the National AYUSH Mission with the objectives to promote AYUSH medical systems through cost effective AYUSH services, strengthening of educational systems, to facilitate the enforcement of quality control of Ayurveda, Siddha and Unani & Homoeopathy (ASU &H) drugs and sustainable availability of ASU & H raw-materials.
The Mission has been launched(NAM) with an aim to address the gaps in health services through supporting the efforts of State/UT Governments for providing AYUSH health services/education in the country, particularly in vulnerable and far-flung areas. Under NAM special focus will be given for specific needs of such areas and for allocation of higher resources in their Annual Plans. The mission also has provision for 20 per cent of financial resources for flexible components to be proposed by the State/UT Governments.
This Mission will help in the improvement of AYUSH education through enhancement in the number of upgraded educational institutions ,in providing better access to AYUSH services through increase in number of AYUSH hospitals and dispensaries, availability of drugs and manpower , providing sustained availability of quality raw material for AYUSH systems of medicine, supporting cultivation of medicinal plants by adopting Good Agricultural Practices (GAPs) so as to provide sustained supply of quality raw-materials and support certification mechanism for quality standards, improving availability of quality of Ayurvedic, Siddha, Unani and Homeopathy (ASU&H) drugs through increase in number of pharmacies, drug laboratories and improved enforcement mechanism of ASU&H drugs.
The Mission at National level will be governed by a National AYUSH Mission Directorate headed by secretary as Chairman and at State level Mission will be governed and executed by a State AYUSH Mission Society headed by chief Secretary acting as Chairperson.

GENERAL AWARENESS PRACTICE QUESTIONS FOR ALL BANK EXAMS

1. On 16 September 2015, RBI in-principle granted licenses to how many applicants among 72 applicants to set up small finances banks that are all mainly microfinance and small finance companies?
1) 27
2) 19
3) 14
4) 6
5) 10

2. Which among the following entities did not get license to start the small finance banks?
1) Au Financiers (India) Ltd - Jaipur
2) Capital Local Area Bank - Jalandhar
3) SKS Micro Finance
4) Disha Microfin Private Ltd - Ahmedabad
5) Equitas Holdings - Chennai

3. Which among the following entities did not get license to start the small finance banks?
1) ESAF Microfinance and Investments Private Ltd - Chennai
2) Janalakshmi Financial Services Private Limited - Bengaluru
3) Suryoday Micro Finance Private Ltd - Navi Mumbai
4) Ujjivan Financial Services Private Ltd - Bengaluru
5) All of the above entities got permission to start small finance banks

4. Which of the following activities cannot be done by the new small finance banks as per RBI order?
1) Take small deposits and provide loans
2) Distribute mutual funds and other simple third-party financial products
3) Can be a business correspondent of any other bank
4) Distribute insurance products
5) All of the activities can be done by Small Finance Banks

5. Small Finance Banks must disburse ........ of their total adjusted net bank credit to priority sector.
1) 35%
2) 25%
3) 50%
4) 75%
5) 45%

6. The Small Finance Banks maximum loan size would be ......... of capital funds to single borrower and 15% to a group as per the present RBI rules.
1) 20%
2) 25%
3) 40%
4) 50%
5) 10%

7. Minimum 50% total loans of Small Finance Banks should be up to Rs. ........
1) 10 lakh
2) 75 lakh
3) 25 lakh
4) 5 lakh
5) 15 lakh

8. Which of the following activity the Small Finance Bank cannot do?
1) They can't lend to big corporate houses.
2) They can't lend to big groups.
3) Cannot set up subsidiaries to undertake non-banking financial services activities.
4) Other financial activities of the promoter must not mingle with the bank.
5) All of the above activities cannot be done by Small Finance Banks.

9. In the Small Finance Banks, promoter's minimum initial contribution to the paid-up equity capital shall be at least .........
1) 10%
2) 20%
3) 25%
4) 40%
5) 74%

10. Small Finance Banks minimum paid-up capital would be .........
1) Rs.200 cr
2) Rs.50 cr
3) Rs.10 cr
4) Rs.100 cr
5) Rs.1000 cr

11. For the Small Finance Banks, capital adequacy ratio should be ......... of risk weighted
assets where as Tier-I should be 7.5% of the risk weighted assets.
1) 15%
2) 10%
3) 11.5%
4) 17%
5) 20%

12. Foreign shareholding capped at ......... of paid capital of the Small Finance Banks.
1) 74%
2) 25%
3) 40%
4) 49%
5) 29%

13. Foreign Portfolio Investment (FPI) in the Small Finance Banks must not be more than .........
1) 24%
2) 14%
3) 29%
4) 74%
5) 49%

14. Which of the following entity did not get license to start Small Finance Bank?
1) Dewan Housing
2) IIFL Holdings
3) SKS Microfinance
4) UAE Exchange
5) All of the above did not get license

15. Which bank is planning to launch 'green bonds' this year to enable fund raising for investments in projects with environmental benefits?
1) SBI
2) HDFC
3) HSBC India
4) YES Bank
5) Kotak Mahindra Bank

16. RBI launched a module for reporting Foreign FCTRS on eBiz portal of the Ministry of Commerce & Industry on 24 Aug 2015. FCTRS stands for .........
1) Foreign Currency Truncation of Shares
2) Foreign Custodian Transfer of Shares
3) Foreign Currency Transfer of Shares
4) First Currency Transfer of Shares
5) None

17. Indian Railways developed a HVT toilet design that combines the advantages of Vacuum toilets and Bio-toilets. HVT stands for .........
1) Hit Travel Toilet
2) Hybrid Variety Toilet
3) High Vacuum Toilet
4) Hybrid Vacuum Toilet
5) Hybrid Value Toilet

18. International Toilet Day is on .........
1) 4 October
2) 5 December
3) 21 March
4) 19 November
5) 9 November

19. None of the above (NOTA) Option symbol in EVM is .........
1) a small ballot paper having BIG Words 'NO' on it
2) a small ballot paper having RED LIGHT mark
3) a small ballot paper with a green cross on it
4) a small ballot paper with a black cross on it
5) a small ballot paper with a Red cross on it

20. NOTA symbol for EVMs designed by Prof. Tarun Deep Girdher of NID of Ahmadabad. NID stands for .........
1) National Initiation of Design
2) National Institute of Disaster
3) Neonatal Institute of Design
4) National Institute of Design
5) None of above

21. On 1 September 2015, Union government announced to waive the controversial MAT on capital gains made by Foreign Institutional Investors (FIIs) prior to April 1, 2015 on the recommendation of the Justice A.P.Sha Committee. MAT stands for .........
1) Minimum Annuity Tax
2) Maximum Alternate Tax
3) Minimum Asset Tax
4) Moderate Alternate Tax
5) Minimum alternate tax

22. India and which nation on 17 September 2015 jointly created a Joint Challenge Coin to symbolize their unique partnership in creating a next-generation aircraft carrier for the Indian Navy?
1) UK
2) China
3) Russia
4) USA
5) South Korea

23. Nepal's Constituent Assembly on 16 September 2015 approved the new Constitution. The Constituent Assembly headed by .........
1) Chiranjivi Nepal
2) Rambharan Yadav
3) Sushil Koirala
4) Subash Nembang
5) Parmanand Jha

24. Who is invited by UNO Secretary General Ban Ki-moon to serve in UN's High Level Advisory Group on Sustainable Transport (HLAG-ST) for 3 years. He is also called Metro Man of India?
1) Suresh Prabhu
2) Manoj Sinha
3) E. Sreedharan
4) A.K. Mittal
5) Verghese Kurien

25. Which of the following cities named as the World Book Capital for 2017 by UNESCO?
1) Oslo
2) Beijing
3) Conakry
4) Valetta
5) Paris

26. United Nations Champions of the Earth award conferred on which nation prime minister recently. It is the United Nations highest environmental honour recognizing visionary people and organisations all over the world?
1) Bangladesh
2) India
3) Australia
4) Russia
5) Switzerland

27. 2015 Nansen Refugee Award by UNHCR conferred on .........
1) Malala
2) Aqeela Asifi
3) Mohammad Ashraf Ghani
4) Mamnoon Hussain
5) Abdul Hamid

28. Nansen Refugee Award is named after Fridtjof Nansen, the first High Commissioner for Refugees for the League of Nations. The Award instituted in .........
1) 1947
2) 2001
3) 1931
4) 1954
5) 2004

29. Aqeela Asifi is .........
1) Afghanistan refugee in Pakistan
2) Pakistan refugee in Afghanistan
3) Syria refugee in Greece
4) Iraq refugee in Hungary
5) Sudan refugee in Albania

30. The Chairman of the 31 - member Parliamentary standing committee examining the Lokpal Bill is .........
1) P.C. Chako
2) Shunglu
3) S.S. Ahluwalia
4) L.K. Advani
5) Sudarsana Natchiappan

31. Who heads the expert group on land leasing constituted by NITI Aayog?
1) Arvind Panagariya
2) Bibek Debroy
3) T. Haque
4) H.R. Khan
5) Nitin Gadkari

32. India's richest person with a net worth of $ 18.9 billion as per Forbes magazine latest India richest list .........
1) Azim Premji
2) Hinduja brothers
3) Anil Ambani
4) Mukesh Ambani
5) Dilip Shanghvi

33. The Prime Minister Narendra Modi on 18 September 2015 launched the National Integrated Power Development Scheme (IPDS) at .........
1) New Delhi
2) Panipat
3) Kolkata
4) Suratgarh
5) Varanasi

34. How much fund allocated to IPDS as per the statement given by Modi at Varanasi?
1) Rs.50,000 crore
2) Rs.30,000 crore
3) Rs.45,000 crore
4) Rs.1500 crore
5) Rs.100 crore

35. For the welfare of areas and people affected by mining related operations PMKKKY was launched. PMKKKY stands for .........
1) Pradhan Mantri Khanij Kshetra Kalyan Yojana
2) Pradhan Mantri Koal Kshetra Kalyan Yojana
3) Pradhan Modi Khanij Kshetra Kalyan Yojana
4) Pradhan Mantri Khanij Kshetra Karao Yojana
5) Pradhan Mantri Khasi Kshetra Kalyan Yojana

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

GENERAL AWARENESS PRACTICE QUESTIONS FOR BANK EXAMS

1. Real Time Gross Settlement (RTGS) details given. The wrong option is ........
1) RTGS allows real time transfer of large funds, will not be operated on second and fourth Saturdays as banks observing public holiday on that days.
2) It will operate for full days on other working Saturdays of a month.
3) IFSC code not necessary for RTGS transactions.
4) Processing of future value dated transactions with value date falling on second and fourth Saturdays will not be undertaken under RTGS.
5) None of these

2. RBI changed RTGS time window. The wrong option is .........
1) RTGS business opening would be at 08:00 hours while initial cut off (customer transactions) would be 16:30 hours.
2) The final cut-off (inter-bank transactions) will be at 19:45 hours and IDL reversal between 19:45 - 20:00 hours.
3) An account holder can do only one RTGS transaction per day in a week as per RBI rules.
4) Minimum amount to be remitted through RTGS is Rs.2 lakhs.
5) There is no upper ceiling for RTGS transactions.

3. RBI named which two banks as Domestic Systemically Important Banks (D-SIBs) on 31 August 2015 due to their size and significant presence across the financial sector?
1) HDFC and SBI
2) Axis Bank and Bank of Baroda
3) SBI and ICICI
4) Union Bank of India and YES Bank
5) Punjab National Bank and Kotak Mahindra Bank

4. D-SIBs will be plotted into four different buckets and will be required to have additional Common Equity Tier 1 (CET1) capital requirement ranging from ......... of risk weighted assets depending upon the bucket they are plotted into.
1) 0.2 percent to 10.0 percent
2) 0.4 percent to 0.8 percent
3) 0.6 percent to 0.8 percent
4) 0.2 percent to 0.8 percent
5) None of above

5. Additional Common Equity Tier 1 (CET1) requirements applicable to D-SIBs will be applicable from April 1, 2016 in a phased manner and would become fully effective from .........
1) 1 April 2019
2) 1 April 2018
3) 1 April 2020
4) 1 April 2016
5) 1 April 2017

6. As RBI said, additional CET1 requirement as a percentage of Risk Weighted Assets (RWAs) for SBI is 0.6 percent and that of ICICI Bank is ........
1) 0.2 percent
2) 0.6 percent
3) 1.2 percent
4) 0.8 percent
5) 2.2 percent

7. As per RBI order on 16 July 2015, the banks will now report past dues and levy any late payment charges on credit card holders only if the payment has been due for more than.........
1) three days
2) seven days
3) thirty days
4) ninety days
5) forty five days

8. Minimum amount due is not paid fully within ...... from the payment due date then the credit card account is treated as Non- Performing Assets (NPAs) as per the present rules.
1) 365 days
2) 180 days
3) 90 days
4) 45 days
5) 7 days

9. On the eve of teachers day, the Prime Minister Narendra Modi released a commemorative coin of Rs.125/- denomination and a circulation coin of Rs.10/- denomination in honour of former President .......
1) Babu Rajendra Prasad
2) Zakir Husain
3) V.V. Giri
4) A.P.J. Abdul Kalam
5) Sarvepalli Radhakrishnan

10. RBI has constituted a committee to work out a medium term (five year) measurable action plan for financial inclusion headed by........
1) H.R. Khan
2) Urijith Patel
3) Deepak Mohanty
4) R. Gandhi
5) S.S. Mundra

11. World Bank's latest estimates on India's per capita income and GDP given. Locate the wrong option.
1) India's per capita income rose 9.7 percent to $1,631 in 2014 from $1,487 in the previous year.
2) India was 169th in terms of per capita income in the world.
3) India's GDP crossed $3 trillion in 2014, compared to $1.86 trillion in 2013.
4) In terms of official dollar-rupee rate, the Indian economy was ninth in terms of GDP size.
5) India remained a low-middle income economy, as per the World Bank's latest estimates on per capita income and GDP.

12. Project 'Tatkal' launched by which bank to provide doorstep services and expedite home loan application process?
1) SBI
2) HDFC
3) Bank of Baroda
4) ICICI
5) Axis

13. Options relating to 'The State of Social Safety Nets 2015' released by World Bank given. Pick the wrong option.
1) India is among the five middle-income countries running the world's largest social safety net programmes.
2) MNREGA has been ranked as the world's largest public works programme having 182 million beneficiaries or 15 percent of India's population.
3) Janani Suraksha Yojna with 78 million beneficiaries as the top-most social security programme with conditional cash transfers.
4) Indira Gandhi National Old Age Pension Scheme is the second-largest unconditional cash transfer social security programme in the world.
5) None of the above

14. NABARD said on its 34th foundation day that it has set a target of providing Rs.30,000 crore as credit to farmers for irrigation over the next three years. NABARD foundation day is ........
1) 1 April
2) 2 April
3) 9 July
4) 12 July
5) 1 Jan

15. Reserve Bank of India proposed to make Net Stable Funding Ratio (NSFR) applicable to banks in India from .......
1) January 1, 2016
2) January 1, 2017
3) January 1, 2018
4) January 1, 2019
5) January 1, 2020

16. New Home secretary of India is..
1) Jaishankar
2) G. MohanRao
3) P.K. Sinha
4) Rajiv Mehrishi
5) Nripendra Mishra

17. Mrs.Vassiliki Thanou, has been appointed as the caretaker Prime Minister .........
1) Brazil
2) Argentina
3) Greece
4) Bangladesh
5) South Korea

18. Ratan P Watal is the .........
1) New Chairman of the Indian Trade Promotion Organization (ITPO).
2) New Chairman of the Public Enterprises Selection Board (PESB).
3) New finance secretary
4) New Vice-Chief of the Indian Army
5) New TRAI Chairman

19. Sundar Pichai is the New CEO of ........
1) Twitter
2) Facebook
3) Yahoo
4) Google
5) Microsoft

20. 30 Women in Power: Their Voices, Their Stories written by .........
1) Twinkle Khanna
2) Tarun Khanna
3) Naina Lal Kidwai
4) K.D. Burman
5) Sebastian Ortiz

21. 'To The Brink And Back: India's 1991 Story' written by .......
1) Verappa Moily
2) Sonia Gandhi
3) P.V. Narasimha Rao
4) Sushma Swaraj
5) Jairam Ramesh

22. Which Indian-origin Sikh migrant driver in Australia has been named 'Australian of the Day' for feeding the homeless?
1) Neel Tushar Kashkar
2) Nikky - Guninder Kaur Singh
3) Tejinder Pal Singh
4) Preet Barra
5) None of above

23. National Humanities Medal 2014 conferred on ........
1) Zhanna Nemtsova
2) Raghavendra Gadagkar
3) Zia Haider Rahman
4) Jhumpa Lahiri
5) None

24. Forbes released the first-ever list of 100 Richest People in Technology. The list topped by ........
1) Bill Gates
2) Larry Ellison
3) Jeff Bezos
4) Mark Zuckerberg
5) Larry Page

25. In the 100 Richest People in Technology list released by Forbes, Azim Premji of Wipro spots 13th position and Shiv Nadar of HCL stands ..........
1) 20th position
2) 11th position
3) 12th position
4) 14th position
5) 8th position

26. Pro Kabaddi League 2015 title won by U Mumba after defeating ........
1) Bengaluru Bulls
2) Telugu Titans
3) Patna Pirates
4) Bengal Warriors
5) Jaipur Pink Panthers

27. 10th World Hindi Conference host .........
1) Bhopal
2) Johannesburg
3) Port of Spain
4) Port Louis
5) Nagpur

28. South Asian Association on Regional Cooperation (SAARC) conference on Disaster Mitigation held at .........
1) Dhaka
2) Islamabad
3) Colombo
4) New Delhi
5) Khatmandu

29. New Delhi Municipal Council (NDMC) has decided to rename Aurangzeb Road as ......
1) International Yoga Road
2) Swatch Bharat Road
3) Vijaya Diwas Road
4) APJ Abdul Kalam Road
5) Yogpath Road

30. Central government has identified how many cities and towns across nine states for implementation of its ambitious 'Housing for All' scheme named as Pradhan Mantri Awas Yojana?
1) 175
2) 100
3) 305
4) 295
5) 105

31. Housing and Urban Poverty Alleviation (HUPA) ministry provide assistance of over Rs.2 lakh crore to construct two crore houses for urban poor by ........ under the scheme 'Housing For All'.
1) 2020
2) 2030
3) 2022
4) 2025
5) 2035

32. PM Modi issued a commemorative coin of hundred rupees and circulation coin of ........ on Rani Gaidinliu, the legendary woman freedom fighter from the North-east on the eve of Birth Centenary Celebrations.
1) five rupees
2) ten rupees
3) fifty rupees
4) two rupees
5) one rupee

33. 15% stake in Russia's second-largest oil field Vankor from Rosneft for about $ 1.35  billion was bought by .........
1) ONGC
2) IOC
3) GAIL
4) HP
5) BP

34. Union government allowed road developers to completely exit BOT projects two years after completion and invest the funds in incomplete highway projects or power plants etc. BOT stands for .........
1) Build-Operate-Transfer
2) Build-Operate-Travel
3) Build-Own-Transfer
4) Brick-Operate-Transfer
5) None

35. India's biggest MAST was inaugurated at the Udaipur Solar Observatory on 4 August 2015. MAST stands for ......
1) Mini-Application Solar Telescope
2) Multi-Arid Solar Telescope
3) More-Application Solar Telescope
4) Multi-Application Solar Telescope
5) None of above

36. 3rd India Africa Forum Summit host ......
1) Johannesburg
2) Nairobi
3) New Delhi
4) Mogadishu
5) Harare

37. TATA Trusts paired up with whom to launch an initiative named
'Internet Saathi' to provide rural women in India with internet literacy?
1) Face Book
2) Twitter
3) WhatsApp
4) Microsoft
5) Google

38. Winter Olympics 2018 will be held at .........
1) Gold Coast
2) Moscow
3) Pyeong Chang
4) Rio De Janeiro
5) Jakarta

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

BANKING AWARENESS PRACTICE QUESTIONS

1. IFSC in a cheque means:
a) Indian Financial System Code
b) It has 11 digits alpha numeric
c) First 4 digits represent Bank Name
d) This code is used in remitting funds through RTGS and NEFT
e) All the above

2. "Hundi" is a
a) Draft
b) Cheque
c) Bill of exchange
d) Promissory note
e) None of these

3. Banking Industry has been declared as public utility service for purpose of
a) Negotiable Instruments ACT, 1881
b) Reserve bank of India Act, 1934
c) Banking regulation Act, 1949
d) Industrial Disputes Act
e) None of these

4. Bank would prefer to mobilize deposits under Savings Bank accounts, because:
a) Account holders will be motivated to save since savings account offer interest also
b) It is a low cost deposit for the bank and banks can profitably deploy such funds
c) Banks want to inculcate the savings habit among the public
d) All of the above
e) None of the above

5. Basic Objective of SEBI is/are:
a) To promote the interests of investors in securities
b) To promote the development of Securities Market
c) To regulate the securities market
d) To protect the interest of the investors to improve the stock market investments
e) All of the above

6. Customer Day in the bank is on and customers are allowed to meet the top officials of the bank on this day in every month:
a) 5th
b) 10th
c) 15th
d) 30th
e) Any of the above dates

7. "Allonge" is
a) A piece of paper for making endorsements
b) A piece of paper attached to a negotiable instrument for making available more space for further endorsements
c) Both a and b
d) Duplicate DD issued to a customer
e) Bill payable after sight

8. NEFT is useful because:
a) The remitter need not send the physical cheque or Demand Draft to the beneficiary.
b) The beneficiary need not visit his/ her bank for depositing the paper instruments
c) The beneficiary need not be apprehensive of loss/ theft of physical instruments or the likelihood of fraudulent encashment thereof
d) Cost effective
e) All the above

9. Mutual Fund Scheme that operates continuously without any limit entry for subscriptions and redemptions is:
a) Fixed Income
b) Specific Fund
c) Close Ended
d) Open Ended
e) Mixed Fund

10. PAN number is required for all transactions above:
a) Rs. 25,000
b) Rs. 50,000
c) Rs. 1 lakh
d) Rs. 10 lakh
e) No such restriction

11. Banking Ombudsman services are available to:
a) All Scheduled Commercial Banks
b) Regional Rural Banks
c) Scheduled Primary Co-operative Banks
d) Only a & c
e) All the above

12. An asset, including a leased asset, becomes non-performing when:
a) It ceases to generate income for the bank
b) A performance Guarantee issued by the bank on behalf of the borrower is invoked
c) It is rendered useless due to wear and tear or its becoming obsolete
d) The borrower dies
e) None of the above

13. Counter guarantee means a guarantee obtained:
a) By bank from customers on whose behalf the banks have to issue guarantees in favour of third parties, such as government department, Public bodies, Corporations etc.
b) By banks from ECGC covering export risk
c) By banks from the beneficiary of the guarantee in whose favour the guarantee is to be issued
d) A guarantee issued to the guarantor
e) None of the above

14. Which of the following statements is correct about banks?
a) Banks cannot accept demand and time deposits from public.
b) Banks can accept only time deposits from public.
c) Banks can accept both demand and time deposits from public.
d) Banks can accept demand and time deposits only from government.
e) None of the above

15. The RBI issued the following guidelines for effective Asset Liability Management System
a) Bank should set up an internal Asset Liability Committee
b) The committee should be headed by CMD or ED
c) The Management committee of the Board should oversee implementation of the system
d) Decision of ALCO is to be implemented in letter and spirit
e) All of the above

16. The major responsibilities of Asset Liability Committee are
a) Product pricing for deposits and advances
b) The level of maturity profile and mix of the incremental assets and liabilities
c) The committee should also review the 3 results and progress of implementation
d) All of the above
e) None of the above

17. What is "NIKKET"
a) Share price Index of Tokyo share market
b) Name of Japanese central bank
c) Japanese name of the country's planning commission
d) Foreign Exchange market of Japan
e) Only a & d

18. Asia's oldest stock exchange which completed 140 years of operations on 2015 July 9?
a) NSE
b) Hyderabad Stock Exchange
c) BSE
d) Madras Stock Exchange
e) None of these

19. The bank allowed by the FIPB to raise its FII cap to 55% recently:
a) ICICI Bank
b) Andhra Bank
c) Bank Of Maharastra
d) Kotak Mahindra Bank
e) Bank Of Baroda

20. Gilt - Edged Market refers to:
a) The market for government
b) Semi-government securities
c) It carries fixed rates of interest
d) Most secured investment
e) All the above

21. Which of the following terms is not used in the world of finance, banking and insurance?
a) Devaluation
b) Amnesty
c) Hard currency
d) Preference share
e) None of the above

22. Which of the following organizations/ agencies frame the Monetary and Credit Policy which is followed by all banks in India?
a) Indian Bank's Association
b) Reserve Bank of India
c) Securities & Exchange Board of India
d) Government of India
e) Sinking fund

23. Upper limit prescribed for RTGS transaction is:
a) 1 lakh
b) 2 lakhs
c) 5 lakhs
d) 50 lakhs
e) No upper limit is prescribed

24. Which of the following bank launched "Project Tatkal" to expedite home loan applications?
a) SBH
b) SBI
c) Axis Bank
d) HDFC Bank
e) Union Bank Of India

25. Taking banking technology to the common man is the tagline of:
a) Indian Overseas Bank
b) ICICI
c) Union Bank of India
d) Indian Bank
e) State Bank of India

Answers:
1) e 2) c 3) d 4) d 5) e 6) c 7) b 8) e 9) d 10) b
11) e 12) a 13) a 14) c 15) e 16) d 17) a 18) c 19) d 20) e
21) b 22) b 23) e 24) b 25) d

BANKING AWARENESS PRACTICE MCQs

1. What is ‘Special Crossing’?
a) Not Negotiable words in two parallel lines
b) Account Payee words in two parallel lines
c) & Co. words in two parallel lines
d) Any bank’s name with or without two parallel lines and payable to collecting banker only.
e) None of these

2. What is the rate of penalty applicable for payment of term deposit Pre maturely to legal heirs of a decreased customer on the request of the legal heirs?
a) 1% less than applicable rate for the period of deposit
b) 1% less than the rate mentioned in the receipt
c) No penalty is to be applied
d) As per discretion of Branch Manager
e) None of these

3. A person introducing an account to a bank is liable for_________
a) Establishing proper identity of the account holder only and no financial accountability in case
of any fraud etc.
b) Making good the loss that the account holder may cause
c) Ensuring that the customer maintains the account properly
d) Tracing the account holder as an when bank desires
e) None of these

4. Which of the following does not find mention in the Negotiable Instrument Act?
a) General Crossing
b) Special Crossing
c) Not Negotiable Crossing
d) Double crossing
e) Account Payee Crossing

5. The Financial Results of the banks and other organisations normally are expressed in quarters. What does Q-I mean?
a) Results of January-March
b) Performance during April- June
c) The period when the profits are highest
d) Period where the turnover is more
e) The period when the profits are highest

6. Who is the regulator of payment and settlement system in India?
a) SEBI
b) IRDA
c) RBI
d) Central Government
e) None of these

7. The Gilt-Edged security market is the market for which of the following?
a) Market for trading in gold
b) Market for trading in sliver
c) Market for government securities
d) Market for industrial securities
e) All the above

8. The IT firm which has launched, BaNCS Digital, specifically for American retail banks:
a) Infosys
b) Reliance
c) TCS
d) Mahendra
e) None of these

9. The international bank which has announced to cut up to 50,000 jobs globally
a) IDBI
b) HDFC
c) HSBC
d) AXIS
e) ICICI

10. The stake the RBI has allowed banks to acquire in companies defaulting after restructuring of their loans upto:
a) 81 percent
b) 61 percent
c) 51 percent
d) 41 percent
e) None of these

11. The reserve Bank of India will be assisting banks as a temporary measure, by providing additional liquidity support under LAF. What is the full form of LAF?
a) Loan Adjustment Fund
b) Liquidity Adjustment Facility
c) Long Awaited Funds
d) Loan against Funds
e) None of these

12. Net Working Capital means:
a) Current Assets only
b) Current Assets minus Current Liabilities
c) Capital plus Reserves minus Intangible Assets
d) Current Assets minus Stocks
e) None of these

13. The Indian scheme ranked as the world’s largest public works programe by the world bank
a) Deen Dayal Upadhyaya Gram Jyoti Yojana
b) MGNREGA
c) Janani Suraksha Yojana
d) National Pension System
e) Pradhan Mantri Adarsh Gram Yojana

14. The Indian insurance Company granted permission to start operations in Bangladesh recently:
a) LIC of India
b) Oriental Insurance company
c) United India Insurance company
d) All of the above
e) None of these

15. India’s economic growth forecast for 2015-16 as announced by the RBI on 2nd June
a) 6.6 percent
b) 8.6 percent
c) 4.6 percent
d) 7.6 percent
e) None of these

16. The present Repo rate as announced by the RBI is:
a) 7.25 percent
b) 6.25 percent
c) 2.25 percent
d) 4.25 percent
e) None of these

17. The bank which has launched a voice recognition service to identify and authenticate customers –
a) IDBI
b) HDFC
c) HSBC
d) AXIS
e) ICICI

18. The annual remuneration on nonexecutive director of private banks fixed by the RBI recently –
a) 10 lakhs
b) 20 lakhs
c) 30 lakhs
d) 40 lakhs
e) None of these

19. In Call money markets _______ are allowed to trade:
a) Only Banks
b) Only Primary dealers
c) Mutual funds
d) All of the above
e) None

20. KYC guidelines have been framed on the basis of four core components. Which of the following is not core component:
a) Customer Acceptance Procedure
b) Customer Identification Procedure
c) Monitoring of Transaction
d) Risk Management
e) Management of Operational risk

21. The loan values in Retail banking generally range between:
a) Rs.20,000-Rs.One crore
b) Rs. One crore - Rs. Ten crore
c) Depends on each Bank
d) Up to Rs.1,00,000 only
e) All the above

22. Participatory notes are Contract notes issued by Foreign Institutional Investors (FII) to other entities that want to invest in Indian markets but are not interested in registering themselves with:
a) IRDA
b) RBI
c) SEBI
d) ECGC
e) EGCS

23. In Internet banking, without involving another bank, what can be done?
a) FD can be issued
b) Intimation regarding LC
c) Issue of cheque
d) Customer funds can be transferred
e) None of the above

24. The aim of a Balanced Mutual Fund is:
a) Growth or Price appreciation
b) Regular Income (dividends)
c) Investment Both in a growth and regular fund balancing the risk
d) Investing both in shares & Bank deposits
e) None of the above

25. As per RBI guidelines which of the following is/are correct in respect of classification criteria for opening Bank Branches
a) Rural: population less than 10,000
b) Semi-Urban: 10,000 and above and less than 1 lakh
c) Urban: 1 lakh and above and less than 10 lakh
d) Metropolitan: 10 lakh and above
e) All the above

26. Garnishee order is issued by a __
a) Police officer
b) Revenue officer
c) CID
d) Bank
e) Court

27. What is the Full form of MUDRA?
a) Micro Units Development and Refinance Agency Ltd
b) Modern Units Development and Refinance Agency Ltd
c) Micro Units Development and Reconstruction Agency Ltd
d) All the above
e) None

28. The head of the RBI’s Committee on financial inclusion is:
a) H.R. Khan
b) Satish Kalra
c) Deepak Mohanty
d) Sharad Sharma
e) Rakesh Bhatia

29. The new MD and CEO of Credit information Bureau India Ltd (CIBIL) is :
a) Rakesh Sharma
b) Rajiv Rishi
c) P.G. Jaya Kumar
d) Satish Pillai
e) Aditya Puri

30. The new MD and CEO of the National Housing Bank (NHB)
a) Shikha Sharma
b) Sriram Kalyanram
c) Mustaq Ahmad
d) K. Venkataraman
e) P. Srinivas

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

GENERAL AWARENESS PRACTICE MCQs

1. How many entities got permission from RBI to start non-lending payment banks including
the Department of Posts, Reliance Industries and Bharti Airtel as declared on 19 August 2015?
1) 18
2) 7
3) 11
4) 15
5) 50

2. The 11 entities were given how much time to comply with all the conditions laid out by the
RBI to start Payment Banks?
1) 24 months
2) 8 months
3) 12 months
4) 15 months
5) 18 months

3. Which of the following giants did not get permission to launch Payment Banks announced on 19 August 2015?
1) Vodafone
2) Cholamandalam Distribution Services
3) Videocon d2h
4) Aditya Birla Nuvo
5) Fino Paytech

4. Which of the following banking service cannot be offered by payment banks as per present rules?
1) accept deposits
2) internet banking
3) issue credit cards
4) issue debit cards
5) provide ATM services

5. The payment banks, while offering both savings and current accounts cannot accept deposits more than ........
1) Rs.2 Lakhs
2) Rs.12 Lakhs
3) Rs.4 Lakhs
4) Rs.5 Lakhs
5) Rs.1 Lakh

6. NSDL also got permission to open the payment
bank. NSDL stands for ...........
1) National Stock Depository Limited
2) National Securities Documentary Limited
3) National Share Depository Limited
4) National Securities Depository Limited
5) None

7. Largest depository in India NSDL established in .......
1) 2013
2) 1996
3) 1990
4) 1935
5) 1982

8. The NSDL provides various services to investors and other participants in the capital market like clearing members, stock exchanges, banks and issuers of securities. Which of the following service not provide by NSDL?
1) Dematerialization
2) Account maintenance
3) Settlement of trades through market transfers
4) None of above services provide by NSDL
5) All above services offered by NSDL

9. IDeAS is a facility available on the SPEED-e website of NSDL for viewing balances and transactions in demat accounts. IDeAS stand for .......
1) Idea based Demat Account Statement
2) Internet based Demat Adopted Statement
3) Internet biased Demat Account Statement
4) Internet based Demat Account Statement
5) None of above

10. Which bank had raised Rs.315 crore through the issue of Green Infrastructure Bonds to International Finance Corporation (IFC), Washington, on a private placement basis, for a tenure of 10 years?
1) ICICI Bank
2) SBI
3) YES Bank
4) Corporation Bank
5) Punjab National Bank

11. Smart Humsafar, a unique plan which offers multiple benefits of savings and insurance cover for husband and wife under a single policy launched by ........
1) ICICI Prudential
2) LIC
3) United Insurance Company
4) SBI Life
5) HDFC ERGO

12. RBI relaxed Branch Authorisation Policy to allow banks .......
1) to merge or close branches in rural areas
2) to merge Small private banks with big private banks
3) to merge or close branches in urban areas
4) to close any branch in rural area where the village population is less than 1000
5) All of above options correct

13. Which board will be setup as a super authority for public sector unit lenders to recommend board level appointments and advise on strategies for raising funds as well as mergers and acquisitions?
1) Banking Selection Committee (BSC)
2) RBI Appointments Board (RAB)
3) Banks Board Bureau (BBB)
4) Banks Core Committee (BCC)
5) None of above

14. Third Bi-monthly Monetary Policy Review (BMPR) recently announced by RBI on ......
1) 7 April 2015
2) 2 June 2015
3) 14 May 2015
4) 20 June 2015
5) 4 August 2015

15. In the RBI Monetary Policy Review, the Policy Repo Rate under the Liquidity Adjustment Facility (LAF) unchanged at .....
1) 4.0%
2) 6.25%
3) 21.5%
4) 7.25 %
5) 8.25%

16. Present Reverse Repo Rate stands at .......
1) 6.25%
2) 21.5%
3) 8.25%
4) 4.0%
5) None

17. CRR (Cash Reserve Ratio) unchanged at ........ of net demand and time liability (NDTL) in the recent RBI Monetary Policy Review.
1) 3.5%
2) 3.75%
3) 4.0%
4) 4.25%
5) 4.5%

18. The highlights of Third Bi-monthly Monetary Policy Review of RBI given. The correct statement is .........
1) Banks have passed on an average 0.3 % interest rate cut as against RBI's 0.75 % rate cut since January 2015
2) Weak global demand conditions restrained exports
3) Most worrisome is sustained hardening of inflation except food and fuel
4) New investment demand emanating from private sector and government remains subdued
5) All of above

19. Present SLR (Statutory liquidity ratio) .......
1) 21.5%
2) 20.5%
3) 14.5%
4) 7.5%
5) 12.5%

20. RBI provides liquidity under overnight repos at 0.25 percent of bank-wise NDTL at the LAF repo rate and liquidity under 14-day term repos as well as longer term repos of up to .......... of NDTL of the banking system through auctions.
1) 0.25%
2) 0.50%
3) 0.75%
4) 1.00%
5) 4.00%

21. RBI retains growth target at ........ for 2015- 16 in the third monetary policy review?
1) 7.4%
2) 6.6%
3) 7.6%
4) 10.6%
5) 8.6%

22. Which bank launched 'Dhanchayat', an educational film to raise awareness on the
dangers of borrowing money from unorganised sources.
1) SBI
2) RBI
3) HDFC
4) Lakshmi Vilas Bank Ltd
5) YES Bank

23. Which telecom company launched 4G mobile services in 296 towns across the country on 6 August 2015?
1) IDEA
2) VODAFONE
3) AIRTEL
4) AIRCEL
5) MTS

24. In 2012, AIRTEL launched its first 4G mobile services in which city?
1) Chennai
2) Hyderabad
3) Pune
4) Kolkata
5) Mumbai

25. Union Government and Delhi Government on 8 Aug 2015 agreed to set-up a Special
Purpose Vehicle (SPV) for the cleaning-up and rejuvenation of the .........
1) Yamuna river
2) Ganga river
3) Brahmaputhra river
4) Sutlej river
5) None of above

26. The investor who provides capital for small business start-ups and holds ownership equity in exchange is known as ..........
1) Fidelity investor
2) Shadow investor
3) Real Estate Investment Trusts
4) Common investor
5) Angel investor

27. Kamayani Express and Janta Express derailed in ........
1) Madhya Pradesh
2) Odisha
3) Maharashtra
4) Sikkim
5) Assam

28. Which river sudden floods caused the derail of two express trains in Madhya Pradesh as per statement given by Railway minister Suresh Prabhu?
1) Shipra
2) Bhima
3) Machak
4) Gandak
5) Yamuna

29. Which operation launched to trace missing and destitute children and reunite them with their parents?
1) Operation Bacchi
2) Operation Search
3) Operation Muskaan
4) Operation EYE
5) Operation CRY

30. Which portal launched that providing single window for students to access information and make applications for educational loans provided by banks and also government scholarships?
1) www.dhanalakshmi.eduloan.in
2) www.bhagyalakshmi.co.in
3) www.vidyalakshmi.co.in
4) www.vidyasaraswathi.co.in
5) None of above

31. SAMANVAY launched on 4 August 2015 is a ............
1) Programme launched to provide 24 X 7 electricity supply to rural areas
2) Bank launched to benefit Medium Enterprises
3) Scheme relating to the transforming the urban infrastructure burdened with evergrowing population
4) Compilation of all schemes of both Union and State governments for Gram Panchayats
5) Insurance scheme providing the Life insurance coverage at low premium

32. Fully revamped IT application for the purpose of adoption of children that became operational from 1st Aug' 15 is ........
1) CARINGS
2) ADOPT
3) LITTLE KRISHNA
4) Janma Taraka
5) None

33. Vikas Swarup assumed charge as spokesperson in the External Affairs Ministry on 18 April 2015. Which of his novels made into Oscar winning film, the Slumdog Millionaire?
1) Bombay Salam
2) Q&A
3) Kaun Banega Karorpathi
4) Lakshyam
5) IAS

34. Om Prakash Rawat appointed as ..........
1) Chief Election Commissioner
2) CBI Director
3) UGC chairman
4) RBI deputy Governor
5) Election Commissioner

35. World Breast Feeding Week is .........
1) 1-7 Oct
2) 1-7 July
3) 1-7 Aug
4) 1-7 Dec
5) 1-7 Jan

36. 70th Hiroshima Day was observed on .......
1) 9 Aug
2) 6 Aug
3) 1 Sep
4) 2 Sep
5) 24 Oct

37. First International Special Olympics summer Games held in 1968 in .........
1) USA
2) Ireland
3) China
4) Greece
5) South Africa

38. 2015 Special Olympics World Summer Games host by ........
1) Greece
2) USA
3) China
4) India
5) France

39. 13-year old autistic boy Yash Singh won the first medal for the country in the Special Olympics. He won the medal in which event?
1) Swimming
2) Discuss Throw
3) Cycling
4) Chess
5) Foot ball

40. Prabhroop Sekhon won two gold medals in Special Olympics World Summer Games in which event?
1) Roller Skating
2) Sailing
3) Cycling
4) Cross-Country Skiing
5) Judo

41. The Winter Special Olympics World Games 2017 will be held in ...........
1) Canada
2) Japan
3) USA
4) South Korea
5) Austria

42. Which day is celebrated as the National Doctors' Day as a tribute to the legendary Dr. Bidhan Chandra Roy, a physician, former West Bengal CM?
1) 1 Jan
2) 1 Feb
3) 1 July
4) 1 Aug
5) 1 Dec

43. Norway Chess 2015 tournament recently won by .........
1) Vishwanathan Anand
2) Ludvig Hammer
3) Magnus Carlsen
4) Veselin Topalov
5)None of above

44. Fergusson College got the special heritage status by the University Grants Commission (UGC). The college is situated in ..........
1) Pune
2) Mumbai
3) Kolkata
4) Chennai
5) Hyderabad

ANSWERS:
1-3, 2-5, 3-3, 4-3, 5-5, 6-4, 7-2, 8-5, 9-4, 10-3
11-4, 12-3, 13-3, 14-5, 15-4, 16-1, 17-3, 18-5, 19-1, 20-3
21-3, 22-3, 23-3, 24-4, 25-1, 26-5, 27-1, 28-3, 29-3, 30-3
31-4, 32-1, 33-2, 34-5, 35-3, 36-2, 37-1, 38-2, 39-1, 40-1
41-5, 42-3, 43-4, 44-1

United India Insurance Company (UIIC) Assistant exam General Knowledge Solved Paper (exam Held on: 03-01-2013)

1. The alphabet ‘C’ in the abbreviation CRR stands for–
(a) Cash (b) Currency (c) Credit (d) Commercial (e) Capital 
(Ans : a)

2. The Minister for ‘Food Processing Industries’ in the Union Cabinet Is–
(a) Shri Thawar Chand Gehlot (b) Shrimati Harsimrat Kaur (c) Shri Ananat Geete 
(d) Shri Radha Mohan Singh (e) Dr. Harsh Vardhan 
(Ans : b)

3. Which of the following Indian Universities has a unique tradition of having the incumbent Prime Minister as its Chancellor ? 
(a) The Visva Bharati University (b) The Kurukshetra University (c) The Banaras Hindu University 
(d) The Jawahar Lal Nehru University (e) The Baba Saheb Ambedkar University 
(Ans : a)

4. Who amongst the following holds the majority’ stake in the share capital of the recently opened ‘Bhartiya Mahila Bank’ ?
(a) LIC of India (b) Insurance Regulatory and Development Authority of India 
(c) Government of India 
(d) Reserve Bank of India (e) General Insurance Corporation of India 
(Ans : c)

5. The ‘Brabourne Stadium’; which is India’s first permanent sporting venue is situated in–
(a) Mumbai, Maharashtra (b) New Delhi, India (c) Kolkata, West Bengal 
(d) Bangalore, Karnataka (e) Chennai, Tamil Nadu 
(Ans : a)

6. A representative of the insurance company licensed by the state who solicits, negotiates or effects contact of insurance and provides service to the policyholder for the insurer is known as…... 
(a) Insurance Trader (b) Insurance Agent (c) Insurance Broker 
(d) Stock Broker (e) Insurance Executive 
(Ans : b)

7. Approximately half of all anaemia cases worldwide are found to be caused due to– 
(a) Iron Deficiency (b) Potassium Deficiency (c) Calcium Deficiency 
(d) Iodine Deficiency (e) Sodium Deficiency 
(Ans : a)

8. The ‘International Worker’s Day’ (also known as labour day) is observed every year on the–
(a) 1st April (b) 1st May (c) 31st May (d) 10th May (e) 10th April 
(Ans : b)

9. ‘Lee Kuan Yew’ who recently died at the age of 91, was the founder and first Premier of– 
(a) Japan (b) Hong Kong (c) South Korea (d) Singapore (e) Australia 
(Ans : d)

10. The ‘PMJDY’ launched by the Government of India is a Massive–
(a) Tribal Welfare Programme (b) Financial Literacy Programme (c) Infrastructure Development Programme 
(d) Financial Inclusion Programme (e) Social Security Programme 
(Ans : d)

11. The largest producer of cotton in the world is– 
(a) Malaysia (b) Mexico (c) India (d) Canada (e) China 
(Ans : e)

12. Who amongst the following has recently been named as the head of the ‘task force set up by the Government of India to define poverty and prepare a road map to alleviate it ? 
(a) Dr. Bimal Jalan (b) Sindhushree Khullar (c) Arvind Panagariya 
(d) V. K. Saraswat (e) Bibek Debroy 
(Ans : c)

13. ‘The Sun’ is a daily tabloid newspaper published in–
(a) USA and Canada (b) United States of America (c) Russia 
(d) Europe (e) United Kingdom and Ireland 
(Ans : e)

14. An application for obtaining an insurance cover’ or for obtaining quotations of’ the premium chargeable is known as the–
(a) Proposal (b) Brochure (c) Catalogue (d) Pamphlet (e) Prospectus 
(Ans : a)

15. ‘Dublin’ is the national capital of the– 
(a) Republic of Israel (b) Republic of Iran (c) Republic of Iraq 
(d) Republic of Ireland (e) Republic of Iceland 
(Ans : d)

16. ‘Playing It My Way’ is the autobiography of–
(a) Yuvraj Singh (b) Saurabh Ganguly (c) Sunil Gavaskar 
(d) Sachin Tendulkar (e) Kapil Dev 
(Ans : d)

17. Singapore’s Central Bank and Financial Regulatory Authority is known as–
(a) Monetary Authority of Singapore (b) Reserve Bank of Singapore 
(c) Other than those given as options 
(d) State Bank of Singapore (e) Federal Reserve of Singapore 
(Ans : a)

18. The Chutak Hydroelectric Plant is a run-of-the-river power project on the Suru River (a tributary of Indus) in–
(a) Kathua District of Jammu and Kashmir (b) Leh District of Jammu and Kashmir 
(c) Baramulla District of Jammu and Kashmir (d) Doda District of Jammu and Kashmir 
(e) Kargil District of Jammu and Kashmir 
(Ans : e)

19. A life Insurance policy wherein the policyholder receives a fixed amount at specific intervals throughout the duration of the policy is known as–
(a) Whole life plan (b) Unit Linked Insurance Plan (c) Money-back Policy 
(d) Fixed term plan (e) Double cover plan 
(Ans : c)

20. The ‘Bandipur National Park’ established in 1974 as a tiger reserve under Project Tiger is located in the Indian state of– 
(a) Tamil Nadu (b) Kerala (c) Karnataka (d) Telangana (e) Andhra Pradesh 
(Ans : c)

21. According to the recent data compiled by the World Steel Association (WSA), India is ranked as– 
(a) third largest producer of steel in the world (b) fourth largest producer of steel in the world
(c) fifth largest producer of steel in the world (d) largest producer of steel in the world 
(e) second largest producer of steel in the world 
(Ans : a)

22. The Insurance Regulatory and Development Authority of India (IRDA) is an autonomous apex– 
(a) Consultative Body (b) Statutory Body (c) Advisory Body 
(d) Cooperative Body (e) Corporate Body 
(Ans : b)

23. Who amongst the following is the first Indian woman badminton player to achieve world number one ranking? 
(a) Meena Shah (b) Jwala Gutta (c) Saina Nehwal 
(d) Sania Mirza (e) Aditi Mutatkar 
(Ans : c)

24. At the 62nd National Film Awards, the award for the Best Feature Film has been given to the film–
(a) Chotushkone (b) Queen (c) MaryKom (d) Court (e) Haider 
(Ans : d)

25. The minimum lock in period under the recently re-launched ‘Kisan Vikas Patra’ Scheme is– 
(a) One year and six months (b) One year (c) Two years and six months 
(d) Two years (e) Two years and three months 
(Ans : e)

26. Aviva India is an Indian Life Insurance Company. It is a joint venture between Aviva pic., a British Insurance Company and the Indian conglomerate–
(a) Bajaj Group (b) Dabur Group (c) Kotak Mahindra Group 
(d) Tata Group (e) Bharati Group 
(Ans : b)

27. ‘Steve’ Smith’ is associated with the game of– 
(a) Cricket (b) Hockey (c) Football (d) Tennis (e) Wrestling 
(Ans : a)

28: ‘Itanagar’ is the capital of the Indian state of– 
(a) Assam (b) Meghalaya (c) Tripura (d) Arunachal Pradesh (e) Manipur 
(Ans : d)

29. Kedarnath Main and Kedarnath Dome are two mountains in the Gangotri Group of peaks in the Indian state of–
(a) Uttarakhand (b) Arunachal Pradesh (c) Uttar Pradesh (d) Meghalaya 
(e) Jammu and Kashmir 
(Ans : a)

30. Which of the following organizations has recently been selected for the Gandhi Peace Prize 2014? 
(a) Vikram Sarabhai Space Centre (b) Indian Space Research Organization (ISRO) 
(c) Satish Dhawan Space Centre (d) Other than those given as options 
(e) Indian Institute of Space Science and Technology 
(Ans : b)

31. The person, corporation or trust named in the insurance policy as the recipient of insurance proceeds upon the death of the life insured is known as–
(a) Key man (b) Franchisee (c) Insured (d) Nominee (e) Beneficiary 
(Ans : e)

32. Who amongst the following has recently been conferred the ‘Stockholm Water Prize 2015’ for his innovative water restoration efforts and extraordinary courage to empower communities in Indian villages ? 
(a) AkhileshYadav (b) Sunder Lal Bahuguna (c) Naseeruddin Shah 
(d) Rajendra Singh (e) Chandi Prasad Bhatt 
(Ans : d)

33. The ‘World Food Programme’ is the food assistance branch of the United Nations and is the world’s largest humanitarian organization addressing hunger and food security. It is headquartered in–
(a) Paris, France (b) Vienna, Austria (c) New York, USA 
(d) Geneva, Switzerland (e) Rome, Italy 
(Ans : e)

34. Which of the following institutes presided over by the Union Minister of Agriculture is an autonomous body responsible for coordinating agricultural education and research in India? 
(a) Indian Council of Agricultural Research(ICAR) (b) Indian Agricultural Research Institute (IARI) 
(c) Indian Institute of Agriculture Research and Education (IIARE) 
(d) Institute of Agricultural Research in India (IARI) 
(e) Indian Council of Agriculture Research and Education (ICARE) 
(Ans : a)

35. With the government notifying changes in the Public Provident Scheme (PPF), Investors can now deposit upto– 
(a) Rs. 1.50 lac annually (b) Rs. 1.00 lac monthly (c) Rs. 1.5 lac quarterly 
(d) Rs. 1.00 lac quarterly (e) Rs. 1.00 lac annually 
(Ans : a)

36. An account can be opened under the recently launched ‘Sukanya Samridhi Yojana’ at any time from the birth of a girl child till she attains the age of–
(a) Fifteen years (b) Eighteen years (c) Twenty-one years 
(d) Thirteen years (e) Ten years 
(Ans : e)

37. An unstamped document issued in advance by an insurance company pending the issue of the policy, which is normally required if the policy cannot for some reason or other be issued straight away is known as a–
(a) Commercial Invoice (b) Covering Letter (c) Draft Policy 
(d) Cover Note (e) Pro Tern Policy 
(Ans : d)

38. The official currency of Philippines is–
(a) Philippine Ringgit (b) Philippine Shekel (c) Philippine Peso 
(d) Philippine Won (e) Philippine Riyal 
(Ans : c)

39. The ‘NPS’ launched by the Government of India with effect from January 1, 2004 is a defined contribution–
(a) Mutual Fund System (b) Accident Insurance Scheme (c) Pension System 
(d) Life Insurance System (e) Fixed Deposit Scheme 
(Ans : c)

40. Who amongst the following was the Brand Ambassador for the 2015 ICC World Cup Tournament? 
(a) Shane Warne, Australia (b) Brian Lara, West Indies (c) Sachin Tendulkar, India 
(d) Steve Waugh, Australia (e) Betty Wilson, Australia 
(Ans : c) 

GENERAL AWARENESS PRACTICE MCQs FOR BANK EXAMINATIONS

1. The Prime Minister Narendra Modi announced a package of Rs 1.25 lakh crore for which of the following States on 18th August 2015?
1) Odisha 
2) Andhra Pradesh
3) Bihar 
4) Jharkhand
5) West Bengal

2. Which of the following banks has launched 'Smart Vault', the first of its kind fully automated digital locker? 
1) SBI 
2) ICICI Bank
3) Axis Bank 
4) HDFC Bank
5) SBH

3. Kishor Piraji Kharat is the new Managing Director and Chief Executive Officer of?
1) Union Bank of India
2) Canara Bank 
3) IDBI Bank
4) Bank of India
5) Bank of Baroda

4. Who is the new Chief Executive Officer of the technology giant Google?
1) Satya Nadella 
2) Ajay Banga
3) Nikesh Arora
4) Sundar Pichai
5) Shantanu Narayan

5. Pedro Cateriano assumed office as the Prime Minister of which of the following countries on April 2, 2015?
1) Chile 
2) Uruguay
3) Bolivia 
4) Argentina
5) Peru

6. Who is the head of a new innovative council of Indian Railways called 'Kaya Kalp',
formed to turnaround the ailing railways?
1) Shiv Gopal Mishra
2) M. Raghuvaiah
3) Ratan Tata 
4) Suresh Prabhu
5) Sunil Mittal

7. Who has been appointed the brand ambassador of the Northeastern region?
1) Saina Nehwal
2) Sushil Kumar
3) Saurav Ganguly
4) Mary Kom 
5) None of these

8. Northeast India's first Kisan call centre was opened in?
1) Agartala 
2) Shillong
3) Kohima 
4) Imphal
5) Gangtok

9. Who is the Chairman of the NITI Aayog task force on Centrally Sponsored Schemes (CSS)?
1) Naveen Patnaik
2) Shivraj Singh Chouhan
3) Raman Singh
4) K. Chandrasekhar Rao
5) None of these

10. Who is the Chairman of the NITI Aayog's sub-group on Skill Development?
1) Siddaramaiah
2) Akhilesh Yadav
3) Manik Sarkar
4) Nitish Kumar
5) Manoharlal Khattar

11. Malwa Trophy is associated with which of the following sports?
1) Hockey 
2) Cricket
3) Football 
4) Kabaddi
5) Chess

12. Which of the following is the capital of Cambodia?
1) Battambaug
2) Kampong Chan 
3) Putrajaya
4) Phnom Penh 
5) Hanoi

13. Which is the only country where the Prime Minister, Parliament Speaker and Leader of the Opposition are all women?
1) Argentina 
2) Liberia
3) Chile 
4) Lithuania
5) Bangladesh

14. Identify the mismatched pair with regard to the 62nd National Film Awards?
1) Best Direction - Srijit Mukherjee
2) Best Actor - Vijay Sanchari
3) Best Actress - Kangana Ranaut
4) Best Popular Film - Queen
5) Best Music Director - Vishal Bharadwaj

15. Abel Prize is given by which of the following countries?
1) Sweden 
2) Norway
3) USA 
4) Germany
5) Finland

16. The Dibang Wildlife Sanctuary is located in which of the following States?
1) Sikkim 
2) Assam
3) Nagaland
4) Jammu and Kashmir
5) Arunachal Pradesh

17. The Gobi desert covers parts of southern Mongolia and the northern parts of?
1) Kazakhstan 
2) China
3) Russia 
4) Myanmar
5) Afghanistan

18. Who is the author of the book "Modi-Incredible Emergence of a Star"?
1) Lokesh Chandra
2) S.K. Sopory 
3) Tarun Vijay
4) Arnab Goswami
5) Rajat Sharma

19. The Rashtriya Kavi Pradeep Samman was introduced by which of the following States?
1) Uttar Pradesh
2) West Bengal
3) Jharkhand
4) Madhya Pradesh
5) Rajasthan

20. Who was awarded with the first Rashtriya Kavi Pradeep Samman on 24th March 2015?
1) Kamal Kishore Goyanka
2) Kedarnath Singh
3) Gopaldas Neeraj
4) Viswanath Tripathi
5) None of these

21. Which country has won the prestigious Women in Parliaments (WIP) Award for regional leadership in the South and Southeast Asia category for reducing the gender gap in politics?
1) India 
2) Sri Lanka
3) Myanmar 
4) Bangladesh
5) Thailand

22. Who topped the Fortune magazine's list of the World's 50 Greatest Leaders?
1) Tim Cook 
2) Mario Draghi
3) Xi Jinping 
4) Pope Francis
5) Mary Barra

23. Fortune magazine's list of the World's 50 Greatest Leaders include?
1) Narendra Modi
2) Kailash Satyarthi
3) Chanda Kochchar
4) Both 1 and 2
5) All 1, 2 and 3

24. The inaugural Major Dhyan Chand Lifetime Achievement Award was given on March 28, 2015 to?
1) V. Bhaskaran
2) Balbir Singh senior
3) Mukesh Kumar
4) Sardar Singh
5) Harendra Singh

25. Asia, Africa and Latin America belong to the?
1) First world
2) Second World
3) Third World
4) Developed World
5) None of these

26. The first session of the Indian National Congress was held in?
1) Calcutta 
2) Madras
3) New Delhi 
4) Bombay
5) Nagpur

27. The International Day of Cooperatives is observed every year on
the first Saturday of?
1) June 
2) July
3) August 
4) September
5) October

28. Which is the first State in India to present a paperless budget?
1) Punjab 
2) Haryana
3) Himachal Pradesh
4) Jharkhand 
5) None of these

29. Which country suspended work on the construction of a controversial Chinese port city project?
1) India 
2) Sri Lanka
3) Pakistan 
4) Afghanistan
5) Maldives

30. Burraq is an unmanned combat aerial vehicle developed by?
1) Pakistan 
2) Afghanistan
3) Iran 
4) Syria
5) Yemen

31. Ashu Suyash is the MD and CEO of?
1) NSE 
2) CRISIL
3) IndusInd Bank 
4) BSE
5) CARE

32. Who was voted as the greatest ODI cricketer in an online poll conducted by ESPNcricinfo's magazine Cricket Monthly?
1) Sachin Tendulkar
2) Wasim Akram
3) Viv Richards
4) Adam Gilchrist
5) Mahendra Singh Dhoni

33. Who was appointed the Chairman of the Indian Premier League's governing council by the BCCI?
1) Anurag Thakur
2) Jagmohan Dalmiya
3) Rajeev Shukla
4) N. Sreenivasan
5) Saurav Ganguly

34. Kudremukh National Park has been declared a tiger reserve. It is in?
1) Maharashtra 
2) Goa
3) Tamil Nadu 
4) Karnataka
5) None of these

35. The Government resumed the printing of one rupee currency notes recently. Printing of these notes was discontinued in?
1) 1994 
2) 1995
3) 2004 
4) 2005
5) 2001

36. Which team won the Irani Cup Cricket in March 2015?
1) Rest of India
2) Mumbai 
3) Karnataka
4) Tamil Nadu 
5) Uttar Pradesh

37. The IntelCenter's "Top 10 Most Dangerous Countries" list is topped by?
1) Iraq 
2) Syria
3) Nigeria 
4) Somalia
5) Afghanistan

38. Jaitapur nuclear power plant is being set up in?
1) Gujarat 
2) Rajasthan
3) Maharashtra
4) West Bengal 
5) Odisha

39. The United Nations World Conference on Disaster Risk Reduction (WCDRR) was held in March 2015 in?
1) South Korea 
2) China
3) Malaysia 
4) Japan
5) Philippines

40. IDBI Bank is a?
1) Public sector bank
2) Private sector bank
3) Foreign bank
4) Cooperative bank
5) None of these

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