Saturday 17 September 2011

BANKING AWARENESS PRACTICE QUESTIONS


1. Central Banking Investigation committee recommended in 1930 to establish .........?
1) SBI
2) SEBI
3) RBI
4) ONGC
5) Allahabad Bank

2. Reserve Bank of India was started with a share capital of Rs .........crores on 1 April 1935?
1) 100
2) 200
3) 5
4) 15
5) 250

3. All India Credit Survey Committee(1952) suggested to set up .........?
1) SBI
2) RBI
3) NABARD
4) SBH
5) IRDA

4. The first credit card was issued in India by VISA in .........?
1)1994
2)1991
3)2001
4)1986
5)1981

5. First international credit card issued by..........through VISA, getting special permission from RBI in 1987?
1) Andhra Bank
2) Corporation bank
3) ICICI
4) HDFC
5) None

6. The Central Government decided to give the loans to SHG(Self Help Groups) at .........% on par with Agriculture. ( International summit on Micro finance and Inclusive Development held on June 21, 2011 at Hyderabad)?
1) 6
2) 10
3) 15
4) 11
5) 7

7. The Local area banks were permitted to establish in .........?
1) 1986
2) 2001
3) 2006
4) 1991
5) 1996

8. Expand ECGC Ltd .........?
1) Export Cash Guarantee Corporation of India Life
2) Export Credit Guild Corporation of India Loop
3) Export Credit Guarantee Company of India Liability
4) Expand Credit Guarantee Corporation of India Limited
5) Export Credit Guarantee Corporation of India Limited

9. RBI conducts sales of dated securities and treasury bills through its .........?
1) Statutory Liquidity Ratio (SLR)
2) Negotiable Instruments
3) Open Market Operations
4) Bank Rate
5) None

10. ......... got $95.16 million loan agreement with the Asian Development Bank to strengthen tourism sector?
1) Goa
2) Himachal Pradesh
3) Andhra Pradesh
4) Bihar
5) Kerala

11. Central Bank of USA is .........?
1) Bank of America
2) Citi Bank
3) Federal Reserve
4) Reserve Bank of USA
5) Obama bank

12. Government securities Act passed in .........to stream line the government securities?
1) 2011
2) 2006
3) 2007
4) 2009
5) 2008

13. Hurricane Irene disturbed .........?
1) India
2) Pakistan
3) USA
4) Australia
5) Japan

14. Transition economies mean .........?
1) economies left modern economies and go to central or conventional set up
2) countries transforming from dictator ship to autocrat rule
3) economies that cancelled licensing system and hand over system to central bank
4) countries left European Union to join USA Exchange system
5) abandoned central or conventional set up and changing to modern market economies

15. Trotting Inflation means .........?
1) When prices down moderately and the annual inflation rate is a single digit
2) when prices rise in fast mode and the annual inflation rate is a double digit
3) when prices rise slowly and the annual inflation rate is a single digit
4) when prices rise moderately and the annual inflation rate is Zero
5) When prices rise moderately and the annual inflation rate is a single digit

16. On 6 September 2011, UNCTAD's Trade and Development Report 2011, projected an economic growth of 8.1 per cent for India. Expand UNCTAD?
1) United Nations Conference on Tier and Development
2) Unit Nations Conference on Trade and Development
3) United Nations Conference on Trade and Deal
4) Unique Nations Conference on Trade and Development
5) United Nations Conference on Trade and Development

17. ......... announced six months maternity leave for its women employees who adopt less than year old child in the month of July?
1) Rajasthan
2) Andhra Pradesh
3) Bihar
4) Jammu
5) Uttar Pradesh

18. Best performing state award for wheat for 2010-11 got by .........?
1) Punjab
2) Haryana
3) M.P.
4) Odisha
5) Tamilnadu

19. Keri Anne Payne belongs to .........?
1) Acquatics
2) polo
3) Cricket
4) Volleyball
5) Tennis

20. .........is the winner of Snooker World Champion ( 2011)?
1) Geeth Sethi
2) Yasin Merchant
3) Greme Dott
4) John Higgins
5) None

21. .........has the greatest number of newborn deaths more than 9 lakh a year?
1) Somalia
2) UK
3) India
4) Japan
5) Pakistan

22. ..........Indian firms made the cut in the list of world's 500 largest companies declared by Fortune Magazine?
1) 4
2) 6
3) 11
4) 8
5) 2

23. GMR Energy Limited establish 800 megawatt power project in .........getting $ 1 billion dollars fund from the 6 banks consortium?
1) USA
2) Singapore
3) UK
4) Japan
5) None

24. ..........is the third largest trading partner for India?
1) European Union
2) Japan
3) Russia
4) USA
5) Australia

25. ..........has sanctioned Rs. 1.5 crore to set up a kumki elephant (tamed/ trained) camp at Chadivayal at the foothills of Siruvani.?
1) Kerala
2) Karnataka
3) Tamil Nadu
4) Goa
5) Odisha

26. ..........the scheme introduced by Odisha enables pregnant women in rural areas to avail monetary assistance for accessing medical care?
1) Suguna
2) Sila
3) Bangram
4) Cloud
5) Mamata

27. ..........launched the First Gold Index in India with a Base Date of 2 January 2007?
1) BSE
2) CRISIL
3) NSE
4) SEBI
5) RBI

28. On 8 July 2011, the Central Government issued the new series of coins with improved design and revised size. The coins are .....?
1) 25 Paise, one rupee, two rupee, five rupee and ten rupee
2) one rupee, two rupee, five rupee and ten rupee
3) one rupee, two rupee, five rupee and hundred rupee
4) 50 Paise , one rupee, two rupee, five rupee and thousand rupee
5) 50 Paise, one rupee, two rupee, five rupee and ten rupee

29. ...........bank was penalized for Rs.25 lakh for violating norms relating to Know Your Customer (KYC)
1) UCO
2) Citi
3) SBI
4) Syndicate
5) Andhra

30. RBI allowed domestic companies to issue shares against the import of .......... goods, allowing them to expand the business.
1) Luxury
2) Cheap
3) Capital
4) White
5) Smuggled

31. The account in which trading of shares in their electronic form is ............?
1) NRI account
2) Foreign account
3) Trio account
4) Current account
5) DEMAT account

32. The Modern Banking System includes ............?
1) Customer Banking
2) Infusion of IT
3) Risk Based Management
4) Add on Services
5) All of above

33. ............is a term not used in Banking?
1) Advance
2) Garnishee
3) Lien
4) Emission
5) Crossing

34. Which among the following is not a part of Institutional Banking?
1) Commercial banks
2) Private Banks 3) Money Lenders
4) Co-operative Banks
5) Regional Rural Banks

35. Central bank is going to insist on a minimum asset size of more than
Rs............crore for registering any new non-banking finance company (NBFC)?
1) 100
2) 500
3) 50
4) 150
5) 60

36. Kamala Beniwal the Gujarath Governor appointed ............as the Lokayukta, with out the consulting State Government?
1) Justice R.A.Mehatha
2) Justice Balakrishnan
3) Justice Narashimhan
4) Justice Kalidasa
5) Justice Panduranga

37. Which is the first north eastern state to bring the Chief Minister under the jurisdiction of Lokayuktha on 26 August 2011?
1) Arunachal Pradesh
2) Sikkim
3) Assam
4) Manipur
5) Mizoram

38. Rogers cup winner is ............?
1) Maria Sharapova
2) Venus William
3) Serena Williams
4) Sania Mirza
5) None

39. On 13th August, ............ crores was abolished by the Union Government for hand weavers?
1)1500
2) 2000
3) 3000
4) 10000
5) 7500

40. The World Bank says that the world may see another recession worst than 2008 due to ............region crises?
1) USA
2) UK
3) France
4) Germany
5) Euro Zone

41. Expand EASIEST?
1) Electronic Account System in Excise and Service Tariff
2) Electric Accounting System in Excise and Service Tax
3) Electronic Accounting System in Exemption and Service Tax
4) Empowered Accounting System in Excise and Service Tax
5) Electronic Accounting System in Excise and Service Tax

42. On 29 August 2011, RBI issued Draft guidelines regarding the Licensing of New Banks in the Private Sector. Find out one not among them?
1) Entities having the share of 10 percent or more source of income from the construction sector/real estate not eligible to open new private banks
2) New banks will be set up through a wholly owned Non-Operative Holding Company (NOHC)
3) Minimum capital requirement will be 500 crore
4) At least 50 per cent of the directors of the NOHC should be independent directors
5) The aggregate non-resident share holding in the new bank shall not exceed 74 percent for the first 5 years

43. ............is the new corporate affairs minister?
1) Anand Sharma
2) Chidambaram
3) Manmohan Singh
4) Veerappa Moily
5) Vilasarao Deshmukh

44. Locate the wrong Award?
1) World's best Airline-Qatar Airways
2) Air India got second best Airline
3) Air Asia won the best Low-Cost Air line Award
4) Nordic Carriew Finnair bagged the Best Airline award in customer satisfaction award
5) None

45. South Sudan is the new country in the world map. Pick the wrong one?
1) Its capital is Juba
2) Salva Kiir Mayarditi is the first president
3) South Sudanese pound is the currency
4) It is 194 member in UNO
5) It is a 54 nation in Africa

46. G-20 farming meeting urgently called for the more agriculture production. The summit held in ............on 22, 23 June 2011?
1) Toranto
2) Paris
3) Tokyo
4) New Delhi
5) London

47. National Communal Harmony Award got by ............?
1) Hamid Ansari
2) Anna Hazare
3) Hareesh Handey
4) Mohammad Hanif Khan Shastri
5) Sonia Gandhi

ANSWERS:

1)3 2)3 3)1 4)5 5)1 6)5 7)5 8)5 9)3 10)2 11)3 12)2 13)3 14)5 15)5 16)5 17)1
18)2 19)1 20)4 21)3 22)4 23)2 24)4 25)3 26)5 27)2 28)5 29)2 30)3 31)5
32)5 33)4 34)3 35)3 36)1 37)3 38)3 39)5 40)5 41)5 42)5 43)4 44)2 45)4 46)2 47)4

No comments:

Post a Comment