1. To start a Private Sector bank Rs.......... crores must be needed as initial capital as per the recent proposal of RBI?

1) 100 2) 200 3)1000 4)1800 5) 500 2. 1) 2) 3) 4) 5) Private Sector banks controlled by ..........? RBI Finance Minister NABARD IDBI Indian Banks Association

3. On 6 September 2011, RBI said the pre-payment fee on floating loans must not collect on..........? 1) Vehicle Loans 2) Commercial Loans 3) Teaser Loans 4) White goods 5) Housing Loans 4. In the last 33 years, the pioneer in the granting of housing loans is ....... ...? 1) ICICI 2) Canara Bank 3) Corporation Bank 4) HDFC 5) Axis Bank 5. Which committee suggested that to initiate new Non-Banking Finance Company (N BFC) Rs. 50 crore must be needed? 1) K.J.Udeshi 2) Shyamala Gopinath 3) Usha Thorat 4) Ghosh 5) Omkar Goswami 6. Which bank sought Rs. 990 crores capital infusion from the Government to fund its business growth? 1) State Bank of India 2) Punjab National Bank 3) Punjab & Sind Bank 4) Oriental Bank of Commerce 5) HDFC 7. 1) 2) 3) 4) 5) 8. 1) 2) 3) 4) 5) Most liquid form among the following one is .......... ? Cheque Draft Cash Debit Card Credit Card Most Liquid form among the following one is ..........? money in the Fixed Deposit account money in the Recurring account money in Savings account money in the Bank Bonds money in blue chip shares

9. 1) 2) 3) 4) 5)

The most non-liquid form of money is ..........? Bank Share Bank Savings Account Post office savings and certificates Fixed deposit Land and Buildings

10. The Associate bank of SBI do not include ..........? 1) SBH 2) SBP 3) SBM 4) SBT 5) SBC 11. On 1st September 2011, RBI said the total value of fake notes in India is ap proximately ..........? 1) 5000 cr 2) 150 cr 3) 1000 cr 4) 8000 cr 5) 3200 cr 12. On 6th September 2011, RBI said the unclaimed amounts in Indian banks approx imately ..........cr? 1) 100 2) 5000 3) 6000 4) 1500 5) 1700 13.The utmost advantage of plastic money is ..........? 1) Style 2) Printing very cheap 3) Circulation very easy 4) Occupy less space 5) Shelf life will be longer 14. Paid up capital means .......... 1) Amount of share capital actually contributed by share holders 2) Amount of share capital actually contributed by promoters on ad-hoc basis 3) Capital borrowed from the public 4) Loan given by the banks on the first day of establishment 5) Capital paid but asked to return by share holders 15. Extending bank credit includes ..........? 1) Cash Credit 2) Over Draft 3) Demand Loans 4) Term Loans 5) All of above 16. To stop the growth of NPAs Credit Information Bureau Limited (CIBIL) was est ablished in ..........? 1)1991 2) 1998 3) 1956 4) 2010 5) 2001

17. .......... give the short term and medium term loans to Regional Rural banks ? 1) RBI 2) NABARD 3) SBI 4) HDFC 5) CBI 18. In the re distribution of incomes, inflation favours ..........? 1) poor people 2) BPL families 3) engineers 4) rich people 5) poor and rich people 19. A loan allows the person to pursue higher studies is..........? 1) Education Loan 2) Housing Loan 3) Admission Loan 4) Passing Loan 5) Purse and Mess Loan 20. Village people take more loans from non-institutional sources (informal rout e). It includes? 1) Scheduled banks 2) Money Lenders 3) Co-operative banks 4) Rural banks 5) Public Sector banks 21. The paper currency cannot be minted by Reserve Bank of India? 1) Ten rupee 2) Hundred rupee 3) Fifty rupee 4) Twenty rupee 5) One rupee 22. Asia's largest bank is ..........? 1) ICBC 2) SCB 3) SBI 4) BOT 5) Indian Bank 23. Term not used in banking? 1) Tied Loan 2) Soft Loan 3) Crossing 4) Bounce 5) Multiplier 24. By 2015,..........crosses USA to become world's largest banking industry? 1) India 2) China 3) Japan 4)Australia 5) Canada 25. On 25 August 2011,India and Georgia signed Double Taxation Avoidance Agreeme nt (DTAA). Georgia capital is ..........

1) 2) 3) 4) 5)

Mascow Tashkent Bejing Baku Tbilisi

26. As per TRAI instructions daily ..........SMS can be send only through one SI M card? 1) 100 2) 200 3) 300 4) 400 5) 1000 27. Expand SIM? 1) subscriber identification 2) subscriber identification 3) sim identification mode 4) subscriber identification 5) subscriber identification mode model memory module

28. Typoon Talas struck ..........? 1) China 2) Australia 3) Nepal 4) Hongkong 5) Japan 29. On 4th September 2011, the union government agreed the ..........master plan for back water tourism? 1) Tamilnadu 2) Odisha 3) Andhra Pradesh 4) Maharastra 5) Kerala 30. Prime Minister of Bangladesh is ..........? 1) Sheikh Husina 2) Zillur Rahman 3) Asif Zardari 4) Yousaf Gillani 5) Hina Rabbani Khar 31. Union Cabinet approved release of additional installment of Dearness Allowan ce (DA) at the rate of ...........percent? 1) 7 2) 5 3) 6 4) 8 5) 10 32. I am visiting Japan. So I need .........., which is a local currency? 1) Yuan 2) Rubel 3) Rupee 4) Yen 5) Lira 33. Tropical storm Lee struck ..........? 1) China

2) 3) 4) 5)

India New Zealand Canada USA

34. ..........is the present Ambassador of USA to India? 1) Alexander Kadakin 2) Ajai Malhotra 3) Niripama Rao 4) Peter Burleigh 5) None 35. Expand VAMBAY? 1) Valmiki Ambedkar Awas Yantra 2) Vendee Ambedkar Awas Yojana 3) Valmiki Ambedkar Area Yojana 4) Valmiki Awas Area Yojana 5) Valmiki Ambedkar Awas Yojana 36. Urdu poet and academician ..........was presented Jnanpith Award 2008? 1) Akhlaq Mohammad Khan Shahryar 2) Chandrashekhara Kambara 3) Mirza Galib 4) Rahi Masoom Raza 5) None 37. Who did 12 day fasting against corruption ending 28th August 2011? 1) Baba Ramdev 2) Kiran Bedi 3) Anna Hazare 4) Jayaprakash Narayan 5) Narender Modi ANSWERS: 1)5 2)1 3)5 4)4 5)3 6)3 7)3 8)3 9)5 10)5 11)5 12)5 13)5 14)1 15)5 16)5 17)2 18)4 19)1 20)2 21)5 22)1 23)5 24)2 25)5 26)1 27)5 28)5 29)5 30)1 31)1 32)4 33)5 34)4 35)5 36)1 37)3. Posted 2 weeks ago # shree offline Member IBPS CLERKS GENERAL AWARENESS PRACTICE MCQs 1. 1) 2) 3) 4) 5) 2. 1) 2) 3) 4) 5) Which card can not be used in bank ATM? Credit card Debit card Aadhar Card Pre-paid card None We use PIN number in the transactions of bank ATM. PIN means ........? Personal Identification numeral Personal Identity number Personal Identification number Preferential Identification number Personal Indian number

3. 1) 2) 3) 4) 5) 4. 1) 2) 3) 4) 5) 5. 1) 2) 3) 4) 5) 6. 1) 2) 3) 4) 5) 7. 1) 2) 3) 4) 5) 8. 1) 2) 3) 4) 5) 9. 1) 2) 3) 4) 5)

Banks do not issue.........? Cheque book Birth certificate Demand Draft Letter of Credit Withdrawal Form The debit card can be used in........? in the same bank ATM in the other bank ATM Point of Sales Terminals ( POS) All of above None of Above RBI can not supervise.........? Micro Finance Companies Non-Banking Finance Companies NGO Non-Scheduled banks Scheduled banks The Indian Banks Association is a ........ Constitutional body Non-Constitutional body Statutory body Government body Association of banks Swabhiman is the scheme of ........? Children Rural area development SEBI Ministry of Finance and Indian Banks Association World bank Recently, Rs. 75 coin issued in the memory of ........celebrations of RBI? Golden Silver Platinum Diamond Centenary Indian Banks need not follow........? Banking Regulation Act,1949 RBI Act 1934 Negotiable Instruments Act,1881 MGNREGA,2006 FEMA 1999

10. Which merger is wrong? 1) ICICI limited merger with ICICI Bank Limited -2002 2) Times bank with HDFC bank-1999 3) State bank of Hyderabad with State bank of India-2010 4) State bank of Indore with State bank of India-2010 5) New bank of India with Punjab National Bank-1993 11. The promoter of Clearing Corporation of India (CCIL)........? 1) IDBI 2) State bank of India and ICICI 3) LIC

4) HDFC and Bank of Baroda 5) All of above 12. Expand 1) Special 2) Special 3) Special 4) Special 5) Special SFFSS? Fund Facility Security Scheme Fund Facsimile Security Settlement Fund Facility Scrutiny Settlement Front Facility Security Settlement Fund Facility Security Settlement

13. Escheat mean........? 1) The person arrested on the charges of cheating and corruption 2) Estate taken by more than 2 persons to share in the future. 3) The british law which says the person cheated must make the correct of the tr ansaction done 4) Bank agreement with another bank to get the funds for 14 to 90 days . 5) Property is transferred to the government because a person has died without h eirs. 14. In 1964, ECGC established. Expand ECGC, which is under the administrative co ntrol of government of India? 1) Export Credit and Guarantee Company 2) Export Control and Guarantee Corporation 3) Export Credit and Guarantor Corporation 4) Export Credit and Guarantee Corporation 5) None of Above 15. Lead bank scheme of RBI was set up on the recommendation of ........? 1) Soma Sundaram Committee 2) Gadgil study group 3) Lodha group 4) Seturaman Committee 5) C.Rangarajan committee 16. Select the wrong option in the following statements relating to Co-operative Banks? 1) Co-operative bank is registered under the Co-operative societies law in which state it is founded 2) Banking Regulation Act 1949 partially applicable so that RBI has partial cont rol 3) Few Co-operative banks usually follow federal structure 4) Co-operative banks can open foreign branches with out the permission of RBI 5) State Co-operative banks can seek re finance facility from RBI 17. Locate the wrong combination? 1) Rajmannar Committee-Cheque bounce an offense 2) Nadakarni Committee-Trading in Private Banks 3) Goparia Committee-Bank Frauds 4) Vyas Committee-Rural Credit 5) Usha Thorat Committee-Financial Inclusion 18. On 18 August 2011, Asian Development Bank granted $ 200 million to .......to boost the power distribution in the state? 1) Bihar 2) Andhra Pradesh 3) Odisha 4) West Bengal 5) Madhya Pradesh 19. Asian Development bank is in Manila. Manila is the capital of.......?

1) 2) 3) 4) 5)

Philippines Japan Hongkong Vietnam Laos

20. Highest producer of milk in the world is.......? 1) Canada 2) USA 3) India 4) UK 5) France 21. Devaluation means........? 1) deliberate upward adjustment to a country's official exchange rate relative t o other currencies 2) deliberate downward adjustment of prices to market prices 3) downward the exports value to import value of the goods exchanged for the goo ds 4) deliberate downward adjustment to a country's official exchange rate relative to other currencies 5) None of Above 22. Payroll tax means.......? 1) Tax collected on employers' wage bills 2) Tax paid to government by class-IV employees 3) Tax paid and received on the rotation basis 4) No Tax collected from employees 5) All of above 23. .......is a surface to surface missile manufactured by India? 1) Hatf 2) Bulava 3) KN-06 4) Prahar 5) Trinity 24. Lok pal bill deals with........? 1) Reservation of women in Local Bodies 2) Corruption 3) Beedi workers 4) Domestic workers 5) Non-Resident Indians 25. Union Cabinet approved to grant Rs.1200 crore scholarship plan to........? 1) Jammu and Kashmir 2) Uttar Pradesh 3) Madhya Pradesh 4) Assom 5) Odisha 26. New Chief minister of Uttarakhand is.......? 1) Nitish Kumar 2) Mayawathi 3) Ramesh Pokhriyal 4) B.C. Khanduri 5) None 27. South Sudan is in ......? 1) Asia

2) 3) 4) 5) 28 1) 2) 3) 4) 5)

Europe North America Africa Australia G-SAT -12 is a .......? Rocket Satellite Space Shuttle Missile Aircraft

29. From 10 November 2011, the SAARC summit to be held in Male (capital of Maldi ves). Select one nation not a member of this International summit? 1) Myanmar 2) Bangladesh 3) India 4) Sri Lanka 5)Pakistan 30. Housing scheme is........? 1) MGNREGS 2) JSSY 3) RAY 4) ANNAPURNA 5) LAF 31. National Drinking Water Mission named after.......? 1) Indira Gandhi 2) Mahatma Gandhi 3) Jawahar Lal Nehru 4) Rajiv Gandhi 5) Vajpayee 32. Pick up a filed in which Ramon Magsaysay award is not given? 1) Sports 2) Emergent Leadership 3) Government Service 4) Peace and International Understanding 5) journalism 33. 12th Five year plan period is.......? 1) 2012-2017 2) 2010-2015 3) 2009-2014 4) 2012-2018 5) 2011-2016 34. Five year plans finally approved by.......? 1) National Development Council 2) Planning Commission 3) National knowledge Commission 4) Ministry of Finance 5) Finance Secretary 35. Father of Indian Green Revolution is.......? 1) M.S.Swaminathan 2) Harish Handey 3) J.M.Keynes 4) Amartya Sen

5) Indira Gandhi 36. As part of Look East policy, Prathibha Patil, the president of India recentl y visited.......? 1) South korea 2) North Korea 3) Vietnam 4) Malaysia 5) Hongkong 37. India's national aquatic animal is.......? 1) Fish 2) Prawn 3) Whale 4) Dolphin 5) Shrimp 38. National Children day is........? 1) 14 January 2) 14 December 3) 14 October 4) 14 November 5) 14 August 39. 80th anniversary completed by.......? 1) Central Bank of India 2) Planning Commission 3) Rastrapathi Bhavan 4) Income Tax Department 5) Reserve Bank of India 40. Indian stock markets run under the control of..............? 1) RBI 2) TRAI 3) SBI 4) SEBI 5) NABARD 41. Standard & Poor is a .......? 1) Bank 2) Non-banking finance company 3) Stock market index 4) Credit Rating Agency 5) RBI advisory body 42. MARPOL is the International Convention .......? 1) to prevent the amalgamation of money laundering agencies 2) to control pollution from motor vehicles 3) to prevent the pollution from Ships 4) to stop the usage of pesticides 5) to encourage the people not to buy plastic 43. Fazilka and Pathankot are the new two districts of.......? 1) Punjab 2) Andhra Pradesh 3) Rajasthan 4) Odisha 5) Jammu & Kashmir 44. Union Government declared price stabilization fund for.......?

1) 2) 3) 4) 5)

Tobacco, Coffee, Tea and Rubber Coffee, Tea, Rice and Sugar Wheat, Computers, Chemicals and Tea Coffee, Rice, Wheat and Crude Petrol, Gas and Rice

45. ........not written by Sarojini Naidu? 1) The Golden Threshold 2) The Feather of the Dawn 3) Muhammad Jinnah 4) Swamy and his friends 5) The Bird of Time: Songs of Life, Death & the spring 46. .......is a player/ umpire/ coach not belong to Cricket? 1) Duncan Fletcher 2) Clyde Duncan 3) Gautam Gambhir 4) Lionel Andres Messi 5) Mansur Ali Khan Pataudi 47. Olympic games 2012 will be held in.......? 1) Mexico 2) Argentina 3) Brazil 4) India 5) England ANSWERS: 1)3 2)3 3)2 4)4 5)3 6)5 7)4 8)3 9)4 10)3 11)5 12)5 13)5 14)4 15)2 16)4 17)2 18)5 19)1 20)3 21)4 22)1 23)4 24)2 25)1 26)4 27)4 28)2 29)1 30)3 31)4 32)1 33)1 34)1 35)1 36)1 37)4 38)4 39)3 40)4 41)4 42)3 43)1 44)1 45)4 46)4 47)5 1. Who among the following is not the present Deputy Governor of Reserve Bank of India? 1) K.C.Chakravarthy 2) Subhir Gokarn 3) D. Subba Rao 4) Anand Sinha 5) H. R.khan 2. On 4th July 2011, the Reserve Bank of India on extended the .........% ceilin g of bank investment in liquid schemes of mutual funds to include short-term deb t funds? 1) 7 2) 8 3) 9 4) 11 5) 10 3. 1) 2) 3) 4) 5) 4. 1) 2) 3) Fixed Deposit also called as .........? Term Deposit Steer Deposit Validity Deposit No Cancel Deposit Inter Deposit Expand CDSL .........? Central Deposit Source Limited Central Deposit Signal Limited Central Depository Services Loyalty

4) Central Dena Services Limited 5) Central Depository Services Limited 5. 1) 2) 3) 4) 5) Credit Creation means .........? giving loans after cancellation of old loan giving more and more loans to BPL families to expand deposits through expanding their loans and advances to provide more loans to government employees without rate of interest All of above

6. The best alternative banking service to branch banking to be the part of Fina ncial Inclusion? 1) Establishment of small branches 2) Setup ATMs 3) Issuing of ATM cards 4) Giving Credit Cards 5) Mobile banking 7. By 31st March 2011, the Non-performance Assets ( NPA) of all banks reached ab out .........percent? 1) One 2) Three 3) Five 4) Ten 5) Eight 8. ng 1) 2) 3) 4) 5) Central Bank of India has tie up with .......... to promote vocational traini amongst the youth. National Skill Deemed Corporation (NSDC) National Steamed Development Corporation (NSDC) National Skill Development Corporation (NSDC) Notional Skill Development Corporation (NSDC) None

9. India is set for a record food grains production in the 2010-11 crop year at ..........million tonnes as per the advance estimates released by the Agricultur e Ministry? 1) 222.28 2) 232.12 3) 321.25 4) 241.56 5) 201.20 10. Overdraft facility means .........? 1) bank account holders to have a facility to take draft having denomination mor e than the minimum balance they maintain 2) facility that allows bank to charge more draft charges if they issue drafts h aving more value than Rs.1,00,000 3) the account holder can take more than one draft in a day in the same branch b y paying few charges 4) rural Banks can take more loan than allowed by the RBI from world bank in the month of March every year 5) facility that allows bank account holders to have a negative balance on their bank accounts and pay rate of interest on the excess amount used 11. Which among the following measures can not be taken by the government to tac kle the inflation? 1) Financing the areas, where the production of the goods is less 2) Fixing the MRP of major products to be bought 3) Asking RBI to mint the new currency

4) Banning the export of goods 5) None 12. Committee Of Secretaries ( COS) recommend ......... percent of FDI in the mu ltibrand retail sector? (Committee headed by Ajay Kumar Seth) 1) 49 2) 74 3) 51 4) 26 5) 100 13. On 18 July 2011, A tripartite agreement was signed between the Centre, West Bengal government and the Gorkha Janmukti Morcha(GJM) paving the way for the set ting up of the GTA an elected body for the Darjeeling hills. GTA means? 1) Gorkhaland Terminal Administration 2) Gorkhaland Territorial Authority 3) Gorkha Time Administration 4) Gorkha Territorial Administration 5) Gorkhaland Territorial Administration 14. International events given. Pick the wrong one? 1) India helps Nepal in the election management 2) Newzeland prime minister John Key visited India 3) South Korea signed civil nuclear cooperation agreement with India 4) Ollanta Humala won Mexico presidential election 5) World's longest sea bridge of 36.48 km across the mouth of the Jiaozhou Bay i n eastern Shandong Province, in Chin 15. Shanghai Cooperation Organization Summit, 2011 details are given. Pick the w rong option? 1) On 15 June 2011 the summit held in Astana ( capital of Kazakhstan) 2) China, Kazakhstan, Kyrgyzstan, Russia, Tajikistan and Uzbekistan are the memb er states 3) The head quarters is Shanghai. Muratbek Sansyzbayevich Imanaliyev is the secr etary General 4) India was removed as the member of SCO recently 5) The internal members Co-operation is the agenda of this summit 16. The country's first-ever socio-economic and caste Census to identify people living below poverty line (BPL) started on Jun 29, 2011 at tribal village of San khola of .........? 1) Maharashtra 2) Andhra Pradesh 3) Jammu 4) Bihar 5) Tripura 17. The Wimbledon event details are given. Pick the wrong one? 1) Men's singles got by Novak Djokovic of Serbia and runner is Rafael Nadal (Spa in) 2) Women's singles got by Petra Kvitova of Czech and runner is Maria Sharapova o f Russia 3) Men's doubles got by Bob Bryan and Mike Bryan of USA 4) Mixed doubles got by Jurgen Melzer of Australia and Iveta Benesova of Czech. Runners are Mahesh Bhupathi of India and Vesnina of Russia 5) None 18. Reserve Bank of India made compulsory that the banks to hold 24 percent of t

heir net demand and time liabilities (NDTL) in a liquid portfolio under the stat utory liquidity ratio (SLR). What is the ultimate aim of RBI to mandate the abov e rule? 1) As it is supervision bank, it want to check whether the banks follow or not 2) The banks must put money in liquid portfolio as per the order of World Bank 3) Increases flow of credit to productive sectors and give strength to Financial System 4) Liquid profile is one of the character features of BASEL committee recommenda tion 5) None 19. Increase in deposit rate results .........? 1) lower savings 2) lower investments 3) increase bank branches 4) increase savings 5) none 20. Banks giving the lowest lending in the ......... Part of India. 1) Central 2) North Eastern 3) Southern 4) Western 5) Northern 21. ......... is a good step if RBI to stop the Capital Outflows and contain the currency depreciation? 1) increase the bank license fee 2) restricting customers not to use other ATM 3) decrease the interest rates 4) increase the interest rates 5) None 22. ......... bank is not a foreign bank? 1) HSBC 2) IDBI 3) ANZ 4) SCB 5) ICBC 23. Plastic Card of the banks do not include .........? 1) Passport issued by Indian Government 2) Credit Card issued by SBI 3) Debit Card issued by ICICI 4) Pre-Paid Card issued by HSBC 5) ATM Card issued by foreign Banks 24. On 5 July 2011, $ 200 million granted by World Bank to strengthen panchayats and municipalities in .........? 1) Tamilnadu 2) Andhra Pradesh 3) Rajasthan 4) Uttar Pradesh 5) Kerala 25. Reframed National Rural Livelihood Mission (NRLM) got $ 1billion as credit t o improve livelihood prospects in the country's rural economy from ........? 1) IMF 2) IDA 3) World Bank

4) IFC 5) ODA 26. ......... was elected Chairman of the Empowered Committee of State Finance M inisters on GST((Goods and Services Tax). 1) Kelkar 2) Asim Das Guptha 3) Sushil Kumar Modi 4) Rosaiah 5) Chidambaram 27. ......... allocated more administrative and financial powers to panchayats t o further strengthen Panchayati Raj Institutions recently 1) Haryana 2) Himachal Pradesh 3) Tamilnadu 4) Sikkim 5) Delhi 28. .........was nominated to the Nobel Peace Prize from India to recognize his initiatives to bring peace among ethnic communities of the north east? 1) Pope Bendict XIV 2) Thoma Bendict XII 3) Thomas Menamparampil 4) Bendict Louis 5) None 29. Authors and Books given. Pick the wrong combination? 1) Straight from the Heart -Bradman 2) Sunny Days - Gavaskar 3) If Cricket is a Religion, Sachin is God - Vijay Santhanam 4) Wide Angle - Anil Kumble 5) Standing My Ground - Mathew Hayden 30. Sagar Prahari Bal is the ......... 1) India war ship 2) Indian Sea watching agency 3) Indian missile water to water 4) Indian Sea prote ction force 5) President of India ship 31. On 5th July 2011, FM said 2011-2012 Fiscal Deficit target restricted to .... ..? 1) 4.9 2) 5.1 3) 5.5 4) 3.5 5) 4.6 32. To bring the Green Revelution in Eastern part of India (Assom, Bihar, Chatti sgarh,Jharkhand, Odisha,Eastern Uttar Pradesh, West Bengal)......... released by the union government? 1) Rs.119.5 cr 2) Rs.1811 cr 3) Rs.77.50 cr 4) Rs. 3119 cr 5) Rs.181 cr 33. FDI allowed in the FM radio operations increased from 20 to .......... FM Ra dio Operations Phase III Allocated 839 new FM radio Channels

1) 2) 3) 4) 5)

26 74 49 50 51

34. In the month of June the central government extend the cover of Rastriya Swa stya Bhima Yozana (RSBY) to Beedi Workers and ..........? 1) Carpenters 2) Cobblers 3) School Children 4) Domestic Workers 5) All of above. ANSWERS: 1)3 2)5 3)1 4)5 5)3 6)5 7)2 8)3 9)4 10)5 11)3 12)313)5 14)4 15)4 16)5 17)5 18)3 19)4 20)2 21)4 22)2 23)1 24)5 25)3 26)3 27)1 28)3 29)1 30)4 31)5 32)5 33)1 34)4 Posted 3 hours ago # Quote nitu offline Member Thanks Ramaya for these valueable questions. Posted 2 hours ago # Quote nitu offline Member nitu said: Thanks Ramya for these valueable questions. Posted 2 hours ago # Quote nitu offline Member @ ramya plz put more questions of banking related general knowledge. Posted 2 hours ago # Quote amresh online Member 1. Sunita has two bank accounts, one with HDFC Bank and another with ICICI Bank. She wants to transfer Rs.10,000 from HDFC Bank to ICICI Bank. Which is the safe st method to do so? A. Write a Self cheque for Rs.10,000 and withdraw cash from HDFC Bank, go to ICICI Bank and deposit the amount in cash B. Visit ATM of HDFC Bank, withdraw Rs.10,000 cash, go to ICICI Bank and deposit the amount in cash. C. Transfer Rs.10,000 by cheque from HDFC Bank account to ICICI Bank

D. All 2. What is known as the plastic money? A. Plastic tokens used in Financial Games B. Debit Card C. Credit Card D. Debit card and credit card both 3. USD/INR exchange rate has come down from 50 to 48. What does it mean? A. Indian Rupee has depreciated against US Dollar B. Indian Rupee has appreciated against US Dollar C. USD has become stronger D. INR has become weaker 4. Which is the Central Bank in India? A. Central Bank of India B. State Bank of India C. Indian Bank D. Reserve Bank of India 5. What is the full form of the term AQB, which is associated with bank account? A. Audited Quarterly Balance B. Account with Quarterly Balance C. Assessed Quarterly Balance D. Average Quarterly Balance 6. In various types of Loans, the term EMI is used for A. Equal Minimum Installment B. Equated Monthly Installment C. Equated Money Index D. Easy Money Installment 7. Full form of NAV in Mutual Fund Parlance A. Net Annual Value B. Net Actual Value C. Net Asset Value D. Non Asset Value 8. In the Life Insurance, which policy is the purest form of insurance A. Endowment Policy B. Money Back Policy C. Whole Life Policy D. Term Insurance Policy 9. Manoj was allotted shares of the company under employee stock options. He has made some profit by selling shares. His profit is known as A. Income from share B. Income from stock options C. Income from other allowances D. Income from capital gains 10. What is the full form for NPS A. New Pension Scheme B. Non Government Pension Scheme C. National Public Scheme D. National Planning Service 11. What is the full form of ITR A. India Technology and Research B. Income Tax Return C. Income Tax Review D. Income Tax Report 12. If a company issues its shares first time to the public, it is known as IPO. In the same way, when a mutual fund issues units for the first time, what is it called A. Rights Issue B. Public Issue C. New Issue D. NFO 13. What is the full form of NCD

A. National Capital District B. Non Cumulative Deposit C. National Crime Detection D. Non Convertible Debentures 14. What is meant by Free Credit Period in case of credit card? A. Period during which credit card holders can purchase anything free of cost B. Period during which credit card holders can shop without paying any finance c harges C. Period during which credit card holders cannot do any shopping D. Period during which credit card holders are not eligible for any reward point s 15. What is the full form of ATM A. Any Time Machine B. Automated Teller Machine C. Automatic Tea Machine D. Average Trading Multiple 16. In the compound interest formula = A(1 + r/m)^mn, A is the principal amount, r is the rate of interest, and m is the frequency of compounding. If a bank pay s interest compounded quarterly, what is the value of m? A. 12 B. 3 C. 4 D. 6 17. If you want to use your credit card prudently, what you should ideally do? A. Pay off minimum amount every month B. Pay only the finance charges C. Pay the total bill every month in full D. Roll over the outstanding purchases until you can save enough money to clear all the debt at one time 18. What is the full form of PAN A. Pension Account Notification B. Permanent Account Number C. Primary Account Number D. Previous Account Number 19. International price of gold is quoted in terms of US Dollar, what is its uni t? A. Per Gram B. Per Kg C. Per 10 Grams D. Per Troy Ounce 20. In India, gold is currently sold at Rs.15,000 per 10 grams. What is the pric e of 1 Kg of gold? A. 1.5 Million B. 1.5 Billion C. 150 Thousand D. None of the above 21. Which of the following life insurance plans is the cheapest in terms of prem ium? A. Term Insurance Plan B. Term Insurance Plan with return of Premium C. Endowment Plan D. Whole Life Plan 22. Bank ABC pays 8% interest for a three year term deposit with interest compou nded annually. Bank XYZ pays 8% interest for a three year term deposit with quar terly compounding of interest. Which bank is more attractive in terms of returns ? A. Bank ABC B. Bank XYZ C. None D. Both

23. A car financing company offers you a loan of 300,000 repayable in three year s by way EMI of 10,000. What is the total interest outgo? A. 290,000 B. 60,000 C. Nil D. 20,000 24. For the Assessment Year 2010-2011, if an individual falls in the highest tax slab, what will be the rate of income tax for income above 500,000? (Excluding Education Cess) A. 20% B. 10% C. 30% D. 35% 25. What is the rate of interest on PPF and what is the permissible investment a mount per year? A. 8%, 70,000 B. 8%, No Limit C. 8%, 60,000 D. 8.5%, 70,000 26. For the Credit Card issuing companies, a credit card is a type of _________ loan A. Secured Loan B. Unsecured Loan C. Mortgage Loan D. Housing 27. For opening DEMAT Account, _________ is the mandatory requirement A. Share Trading Account B. Investment in Shares C. PAN Card D. Age Proof 28. What is the rate of service tax + education cess on stock brokerage charges? A. 10% B. 10.3% C. 10.36%% D. 0.125% 29. What do you require in order to withdraw cash from your bank account through ATM A. Debit card and PIN B. ATM card and PIN C. Credit card and PIN D. Any one of A or B 30. Ramesh wants to transfer Rs.5000 from Bank A to Bank B by cheque. Ramesh sho uld write a cheque from the chequebook of Bank A and deposit it in Bank B with a cheque deposit slip. In whose name, should Ramesh write the cheque? A. Yourself B. Bank A C. Bank B D. Ramesh ANSWERS Question Number Answer Question Number Answer 1 C 16 C 2 D 17 C 3 B 18 B 4 D 19 D 5 D 20 A 6 B 21 A 7 C 22 B 8 D 23 B 9 D 24 C 10 A 25 A

11 12 13 14 15

B D D B B

26 27 28 29 30

B C B D D

Posted 5 minutes ago # Edit Quote mille online Member nice amresh.. Posted 1 minute ago # Quote amresh online Member 1. Trade Ministers of Key WTO member countries including India held a meeting at Davos in Switzerland on January 29, 2011. Which one of the following was the purpose of this meeting ? (A) Negotiations for free trade (B) Negotiations to abolish Restrictive Trade Practices (C) Issues relating to agricultural subsidies (D) Negotiations for a global trade deal (E) To include Pakistan and Iran as members Ans : (D) 2. Which one of the following advices has/have been given by leading Economists to Finance Minister during their pre-budget meeting with him ? 1. To take measures to boost farm productivity only. 2. To improve supply of agricultural products only. 3. To reduce the fiscal deficit only. (A) Only 1 (B) Only 2 (C) Only 3 (D) All 1, 2 and 3 (E) Only 1 and 2 Ans : (D) 3. As per recent newspaper reports, which one of the following countries has sig ned highest number of deals to get global project finance ? (A) Australia (B) USA (C) Saudi Arabia (D) Spain (E) India Ans : (E) 4. Which of the following terms is used in Banking Field ? (A) Interest Rate Swap (B) Input Devices (C) Sedimentary (D) Zero Hour (E) Privilege Motion Ans : (A) 5. To which of the following States has the Asian Development Bank given a loan

of $ 90 m for development of Power projects ? (A) Himachal Pradesh (B) West Bengal (C) Tripura (D) Arunachal Pradesh (E) Assam Ans : (E) 6. On which one of the following issues can SEBI penalize any company in India ? 1. Violation of Banking Regulation Act. 2. Violation of foreign portfolio investment guidelines. 3. For violation of Negotiable Instrument Act. (A) Only 1 (B) All 1, 2 and 3 (C) Only 1 and 2 (D) Only 2 and 3 (E) Only 2 Ans : (E) 7. In the opinion of the Governor of Reserve Bank of India, which one of the fol lowing is the reason owing to which India s inflation is accelerating ? (A) Excess liquidity in market (B) Speculation in essential goods (C) Higher food cost (D) Commodities futures (E) None of these Ans : (A) 8. In opinion of the RBI, which one of the following is/are a threat to the smoo th functioning of Indian Companies ? 1. Rising input costs. 2. High interest rates. 3. Inflation only. (A) Only 1 (B) Only 2 (C) Only 1 and 2 (D) Only 3 (E) All 1, 2 and 3 Ans : (E) 9. For which one of the following reasons Government of India has decided to wai ve off upfront payment of Rs. 1,400 to be made by each customer located in rural areas to get LPG connection ? 1. To help villagers to use LPG in place of firewood/kerosene. 2. To help villagers to save kerosene for agricultural activities. 3. To lure villagers to use LPG which is of substandard quality and not fit for industrial use. (A) Only 1 (B) Only 2 (C) Only 3 (D) Only 1 and 2 (E) Only 2 and 3 Ans : (A) 10. (A) (B) (C) (D) (E) Expand the term Asset Liability Asset Liability Asset Liability Asset Liability None of these ALM as used in Banking/Finance sector ? Mismatch Maturity Management Manpower

Ans : (C) 11. (A) (B) (C) (D) (E) Ans 12. een (A) (B) (C) (D) (E) Ans Who amongst the following is the author of the book Mark Tully Deepak Chopra Chetan Bhagat Ved Mehta V. S. Naipaul : (E) Half a Life ?

In which one of the following states, village level marketing platform has b set up for the first time in the country ? Haryana Maharashtra Gujarat Bihar Kerala : (C)

13. The RBI has asked banks to spell out their policy, procedures and size of th e business on which of the following aspects of banking ? (A) On-shore banking (B) Off-shore banking (C) Investments in secondary market (D) Wealth management (E) None of these Ans : (D) 14. Which of the following organizations has given a US $ 1 72 billion loan to Ind ia to build roads in rural areas ? (A) Asian Development Bank (B) International Monetary Fund (C) Bill Gates Foundation USA (D) World Bank (E) None of these Ans : (D) 15. Which one of the following advices has been given by Finance Minister Pranab Mukherjee to Chartered Accounts ? (A) They must highlight the credit risks (B) They must highlight the operational risks (C) They must bring to the notice of Government tax evasions (D) They must be vigilant against window dressing of companies (E) None of these Ans : (E) 16. Who amongst the following has asked banks to adopt t diversion of funds by the companies ? (A) Company Registrar (B) SEBI (C) RBI (D) AMFI (E) All of these Ans : (C) 17. (A) (B) (C) (D) six step approach to preven

Which one of the following countries has been invited to join BRIC ? Indonesia Bangladesh South Africa China

(E) Argentina Ans : (C) 18. (A) (B) (C) (D) (E) Ans Who is Nicolas Sarkozy ? French Prime Minister French President Russian Prime Minister Russian President None of these : (B)

19. Through which one of the following sources domestic funds are raised by Comp anies ? 1. IPO only 2. FPO only 3. Commercial papers. (A) Only 3 (B) All 1, 2 and 3 (C) Only 1 and 3 (D) Only 1 (E) Only 1 and 2 Ans : (D) 20. Which one of the following was the reason owing to which Govt. wants Reserve Bank of India to tighten prudential norms for NBFCs ? (A) To reduce liquidity in the market (B) It is as per Basel II requirements (C) It is as per Bank for International Settlement (BIS) directives (D) It is to protect NBFCs from any impact of possible economic slowdown (E) None of these Ans : (D) 21. According to World Economic Forum, which one of the following risks is the g reatest risk faced by the world in the year 2011 ? (A) Credit Risk (B) Country Risk (C) Counterparty Risk (D) Sovereign Default Risk (E) None of these Ans : (D) 22. Which one of the following decisions has been taken by Govt. in respect of M GNREGA ? (A) The wages should be revised by the State Governments (B) The wages are to be revised by Planning Commission (C) The District Authorities who allot work can give differential wages (D) The wages shall be linked to inflation (E) None of these Ans : (A) 23. (A) (B) (C) (D) (E) Ans What are teaser loan rates charged by banks ? Fixed rate of interest charged by banks Floating rate of interest charged by banks Rate of interest in the initial period is less and goes up subsequently Rate of interest in the initial period is more and it goes down subsequently None of these : (C)

24. On which one of the following subjects Pranab Sen Committee has submitted it s recommendations to the Govt. of India ?

(A) (B) (C) (D) (E) Ans 25. (A) (B) (C) (D) (E) Ans 26. (A) (B) (C) (D) (E) Ans 27. (A) (B) (C) (D) (E) Ans

MGNREGA Food Security Inflation Food processing industries None of these : (E) Expand the term CCEA as used in administrative circles Cabinet Committee on External Affairs Cabinet Committee on Economic Affairs Cabinet Council on External Affairs Cabinet Council on Economic Affairs None of these : (B) With which one of the following games, Baichung Bhutia is associated ? Hockey Golf Kabaddi Football Tennis : (D) What the full form of the term LIBOR as used in financial banking sectors ? Local Indian Bank Offered Rate London-India Bureau of Regulations Liberal International Bank Official Ratio London Inter Bank Offered Rate None of these : (D)

28. In which one of the following States, Patratu Thermal Power Plant is propose d to be set up ? (A) Madhya Pradesh (B) Bihar (C) Jharkhand (D) West Bengal (E) Kerala Ans : (C) 29. On the basis of which of the following reasons, IMF has projected India s GDP growth at 8 8 per cent in 2010-11 ? 1. Strong industrial growth. 2. Strong farm sector growth. 3. High domestics consumption demand. (A) Only 1 (B) Only 2 (C) Only 3 (D) Only 1 and 3 (E) Only 2 and 3 Ans : (C) 30. (A) (B) (C) (D) (E) Ans Who amongst the following is the ICC Cricketer of the year ? Sachin Tendulkar Kevin Pietersen M. S. Dhoni Sanath Jayasuriya None of these : (A)

31. (A) (B) (C) (D) (E) Ans 32. (A) (B) (C) (D) (E) Ans 33. (A) (B) (C) (D) (E) Ans 34. ies (A) (B) (C) (D) (E) Ans 35. (A) (B) (C) (D) (E) Ans 36. (A) (B) (C) (D) (E) Ans 37. (A) (B) (C) (D) (E) Ans

Who is Montek Singh Ahluwalia ? Chairman, Planning Commission Dy. Chairman, Planning Commission Cmmerce Secretary, GOI Economic Advisor to Prime Minister None of these : (B) Who amongst the following is the Prime Minister of Australia at present ? Julia Gillard Kevin Rudd Dilma Rousseff Sebastian Vettel None of these : (A) Expand the term FSDC which is used in financial sectors ? Financial Security and Development Council Financial Stability and Development Council Fiscal Security and Development Council Fiscal Stability and Development Council None of these : (B) According to US Department of Agriculture, which one of the following countr in the world is the largest producer of dairy products ? Australia USA China Norway India : (E) With which one of the following games is Golf Swimming Tennis Table Tennis Badminton : (A) Tiger Woods associated ?

Which one of the following is largest producer of power in India ? Reliance Power Tata Power National Hydro Power Adani Power NTPC : (C) For which one of the following States, centre has appointed interlocutors ? H.P. J & K Nagaland Manipur None of these : (B)

38. Expand the term GSLV (A) Geosynchronous Satellite Launch Vehicle (B) Global Satellite Launch Vehicle

(C) (D) (E) Ans

Geosynchronous Station Launch Vehicle Global Station Launch Vehicle None of these : (A)

39. For which one of the following reasons Basel II norms are to be followed by Commercial Banks ? (A) Risk management (B) Adoption of international accounting standards (C) Restriction on bonus payments to bank executives (D) Transparency in disclosures (E) None of these Ans : (A) 40. With which one of the following sports, the name of Parupalli Kashyap is ass ociated ? (A) Chess (B) Tennis (C) Badminton (D) Athletics (E) None of these Ans : (C) 41. (A) (B) (C) (D) (E) Ans Which of the following terms is used in cricket ? Centre forward Goal Love LBW Bull s eye : (D)

42. With which one of the following activities, Golden Globe Awards are associat ed ? (A) Journalism (B) Social work (C) Peace initiatives (D) Films (E) None of these Ans : (D) 43. (A) (B) (C) (D) (E) Ans Goodbye Shahzadi Shyam Bhatia Ashok Mehta Janardhan Thakur Arun Gandhi None of these : (A) is a book written by

44. Malayalam writer Akkithom Achyuthan Nambhodiri will be the recipient of whic h of the following awards ? (A) Moortidevi award (B) Pulitzer Prize (C) Best Asian Author (D) Kalidas Sanman (E) Arjuna Award Ans : (A) 45. With which one of the following sports, Narain Karthikeyen is connected ? (A) F 1 (B) Tennis

(C) (D) (E) Ans 46. (A) (B) (C) (D) (E) Ans

Badminton Table Tennis Snooker : (A) In which one of the following States, Sabari mala temple is located ? Tamil Nadu A.P. Kerala Karnataka None of these : (C)

47. Which one of the following will set up core banking infrastructure for rural banks ? (A) RBI (B) NABARD (C) SIDBI (D) IBA (E) None of these Ans : (B) 48. (A) (B) (C) (D) (E) Ans 49. (A) (B) (C) (D) (E) Ans 50. (A) (B) (C) (D) (E) Ans Who is Robert Zoelick ? IMF Chief World Bank President ADB President Chief UNIDO None of these : (B) Justice K. G. Balakrishnan is holding the post of Chief Justice of India Chairman, National Human Rights Commission Cabinet Secretary, Govt. of India Revenue Secretary, Govt. of India None of these : (B) Mehbooba Mufti belongs to which one of the following political parties ? National Conference PDP NCP Janta Dal None of these : (B)