Saturday, November 30, 2013
1. Who among the
following has been elected as the new President of the Asian
Athletics Association (AAA) recently?
1) Suresh Kalmadi
2) HRH Prince Imran
3) Dahlan Jumaan Al-Hamad
4) Gideon Sam
5) None
2. The highlight of demand deposit is .......
1) multiple deposits
2) multiple withdrawal
3) Any time banking
4) Electronic mode of withdrawals
5) All the above
3. As per the direction of RBI on 18 March 2013, which facility provided to the customers on savings account must be discouraged?
1) Receiving post dates cheques in the case of EMI
2) Issuing of cheques
3) Issuing of Debit card
4) Auto pay
5) Issuing of passbook
4. The Savings Account can be opened by.....
1) Senior Citizen
2) Woman
3) Student
4) Billionaire
5) All the above
5. Whether Savings Account can be opened Jointly (Joint Account)?
1) No
2) Yes, with the permission from the RBI
3) Yes
4) Yes, with the special permission from the Income Tax department
5) Yes, with the special permission from Chairman of bank
6. A bank given advertisement that SWAP facility available in Savings Account. It means.....
1) the higher amounts in the account move to higher interest accounts
2) the higher amounts in the account get lower interest
3) the lower amounts in the account move to inoperative accounts
4) the higher amounts deposits not allowed in the account
5) None
7. In the opening of Savings Account (few other accounts also) bank ask to write Nominee name. Who shall be nominee?
1) Any person
2) Known person only
3) Female only
4) Close blood relation only
5) Account holder in that bank only
8. Nominee's age in the savings account ......
1) below 10 years only
2) above 8 years only
3) below 60 years only
4) any age
5) must be major in that state
9. Savings account become inoperative, if the account .........
1) amount deposited not intimating to the bank
2) amount withdrawn not intimating to the bank
3) amount deposited more than 50,000 with out intimating to bank
4) not operated at all during certain period as per the bank rules
5) None
10. Consider the following statements.
a) A person saves money from his regular income
b) He wants to save the money in an account which permits withdrawals any time with rational rate of interest
c) He also want to issue cheques in favour of others
d) He wants to use ATM card also
The most suitable account for him is?
1) Recurring account
2) Fixed deposit
3) Saving account
4) Kiddy account
5) None
11. The facts relating to the current account deficit as told by RBI on 3 May 2013 given. Locate the wrong option.
1) Current Account Deficit (CAD) as the biggest risk to Indian economy.
2) had touched a record high of 6.7 percent in the December quarter of last fiscal year
3) outlook for Advanced Economies (AEs) remains uncertain, and even if there may be no event shocks, there could well be process shocks which could result in capital outflows from emerging developing economies.
4) It said it concern over rising external debt and short-term borrowings to meet the widening CAD.
5) None
12. In a continue effort to curb the rupee volatility, which of the measure not taken by RBI on 16th July 2013?
1) RBI raised lending rates to commercial banks 2 percent to 10.25 percent
2) sale of Government of India Securities to suck up Rs.12,000 crore
3) Marginal Standing Facility (MSF) rate has also been increased to 10.25 percent from current 8.25 percent
4) Increased the SLR to 25% to curb the circulation of money up to Rs.1,20,000 crores
5) None
13. World Bank has approved a concessional loan of $ 100 million for the National Housing Bank on 17 May 2013. Locate the wrong option.
1) The loan was granted implementation of a low-income housing programme
2) The programme will support NHB in refinancing mortgage loans
3) The loan has been granted under the concessional International Development Association window on a long-term basis for 35 years
4) NHB is the regulator of Home loans given by HFC
5) None
14. Which International Monetary Organization granted $ 100 million to Jammu & Kashmir
for the development of infrastructure?
1) IMF
2) World Bank
3) ADB
4) IDA
5) None
15. $84 million granted by ... to strengthen panchayath project in Bihar on 27 June 2013.
1) IMF
2) ODA
3) World Bank
4) IFC
5) AFD
16. The early tsunami warning system has been installed recently at Rangachang situated in?
1) Lakshadweep
2) Tamil Nadu
3) Andhra Pradesh
4) Puducherry
5) Andaman and Nicobar Islands
17. The Daitari iron ore mines might soon close down on the allegations of carrying mining activities without forest clearance. These mines are situated in which of the following states in India?
1) AP
2) Jharkhand
3) Uttarakhand
4) Madhya Pradesh
5) Odisha
18. Tahrir Square, which was in news recently, is situated in which of the following
countries?
1) Turkey
2) Syria
3) China
4) Tunesia
5) Egypt
19. Which familiar combination come under ''Demand Deposits''?
1) Fixed deposit, Current Account
2) Fixed deposit, Recurring Account
3) Saving Account, Current Account
4) Fixed deposits, Savings Account
5) None
20. India held the 16th round of border talks with which of the following countries recently?
1) Pakistan
2) Bangladesh
3) Nepal
4) China
5) None
21. Narendra Modi has asked farmers from across the country to contribute iron blocks for construction of a huge statue of Sardar Patel at Sardar Sarovar Dam. It will be name?
1) Lauh Purush
2) Statue of Integrity
3) Statue of Sovereignty
4) Statue of Unity
5) None
22. Who among the following has been sworn in as an interim president in Egypt after the military ousted the incumbent Mohammed Morsi recently?
1) Mahdi Aakef
2) Gehad El-Haddad
3) Adly Mahmoud Mansour
4) Mohammed Badie
5) Gulam Ahmed
23. Which of the following countries has given its approval to the controversial IVF technique that would lead to the creation of babies with three parents? This technique is aimed at checking the genetic diseases.
1) Japan
2) Singapore
3) UK
4) China
5) None of these
24. Which Indian woman entrepreneur, who has received UAE's prestigious 'Emirates Woman Award 2013'.
1) Naina Lal Kidwai
2) Sonia Gandhi
3) Vandana Gandhi
4) Kiran Mazumdar-Shaw
5) Indira Nooyi
25. The general level of prices increase over time is called .........
1) disinflation
2) deflation
3) rotation price
4) relay inflation
5) inflation
26. Sustained decrease in the average price level is called ..........
1) inflation
2) stagflation
3) round inflation
4) deflation
5) None
27. Demand-pull inflation is an inflation that results from an initial .........
1) increase the demand for Natural resources
2) increase the labour force
3) decrease in aggregate demand
4) increase in aggregate demand
5) None
28. Where the inflation of a nation increases gradually, but continually, over time is
called .......
1) polar inflation
2) grave inflation
3) creeping inflation
4) force inflation
5) None
29. 'Very rapid inflation which is almost impossible to reduce it' is called.......
1) core inflation
2) galloping inflation
3) strict inflation
4) import inflation
5) None
30. If the cost of production rise, for one reason or another, and force up the prices of finished goods and services it is called .......
1) rise inflation
2) increase inflation
3) services inflation
4) cost-push inflation
5) None
31. In its mid-quarter review of the monetary policy, announced on 17 June 2013, what reason told by RBI for the continuation of inflation in India?
1) increasing buying of gold
2) decreasing warehouse facilities
3) NRI purchases in India
4) Food prices
5) government expenditure
32. June 2013 registered how much WPI inflation?
1) 9.5%
2) 6.5%
3) 1.5%
4) 0.15%
5) 4.86%
33. On 27 June 2013, Union Government cleared the proposal of disinvestment of 7.64% stake sale in NFL. NFL means .....
1) National Fashion Limited
2) National Fine Steel Limited
3) National Ferrous Limited
4) National Frontier Limited
5) National Fertilizers Limited
34. ......... committee look in to issues relating to financial bench-marking and examine if they have become obsolete and need changes. The committee appointed by RBI on 28 June 2013.
1) Rangarajan
2) Aravind Mayaram
3) Vijay Bhaskar
4) Raghuvamsi
5) None
35. According to a recent ruling by the Supreme Court, in cheque bouncing case for a cheque issued from a joint account, who can be prosecuted under Section 138 of the Negotiable Instruments Act?
1) Only the person who signed the cheque
2) All the persons named in the joint account collectively
3) Any one of the individuals named in the joint account
4) Only the firm that issued the cheque and not any individual
5) None of these
36. The British Indian business tycoon Sanjeev Kapoor bought Hypo Alpe Adria bank having headquarters in .......
1) Australia
2) France
3) Germany
4) UK
5) Austria
37. As per the new strategic plan approved by World Bank, by which year the global poverty will be eradicated?
1) 2030
2) 2020
3) 2015
4) 2045
5) 2050
38. Who is the Chairman of IBPS (Institute of Banking Personal Selection)?
1) A.S.Bhattacharya
2) Deepali Pant Joshi
3) K.R.Kamath
4) Pratip Chaudari
5) D.Sarkar
ANSWERS:
1-3, 2-5, 3-1, 4-5, 5-3, 6-1, 7-4, 8-4, 9-4, 10-3
11-5, 12-4, 13-3, 14-3, 15-3, 16-5, 17-5, 18-5, 19-3, 20-4
21-4, 22-3, 23-3, 24-3, 25-5, 26-4, 27-4, 28-3, 29-2, 30-4
31-4, 32-5, 33-5, 34-3, 35-1, 36-5, 37-1, 38-3
2) HRH Prince Imran
3) Dahlan Jumaan Al-Hamad
4) Gideon Sam
5) None
2. The highlight of demand deposit is .......
1) multiple deposits
2) multiple withdrawal
3) Any time banking
4) Electronic mode of withdrawals
5) All the above
3. As per the direction of RBI on 18 March 2013, which facility provided to the customers on savings account must be discouraged?
1) Receiving post dates cheques in the case of EMI
2) Issuing of cheques
3) Issuing of Debit card
4) Auto pay
5) Issuing of passbook
4. The Savings Account can be opened by.....
1) Senior Citizen
2) Woman
3) Student
4) Billionaire
5) All the above
5. Whether Savings Account can be opened Jointly (Joint Account)?
1) No
2) Yes, with the permission from the RBI
3) Yes
4) Yes, with the special permission from the Income Tax department
5) Yes, with the special permission from Chairman of bank
6. A bank given advertisement that SWAP facility available in Savings Account. It means.....
1) the higher amounts in the account move to higher interest accounts
2) the higher amounts in the account get lower interest
3) the lower amounts in the account move to inoperative accounts
4) the higher amounts deposits not allowed in the account
5) None
7. In the opening of Savings Account (few other accounts also) bank ask to write Nominee name. Who shall be nominee?
1) Any person
2) Known person only
3) Female only
4) Close blood relation only
5) Account holder in that bank only
8. Nominee's age in the savings account ......
1) below 10 years only
2) above 8 years only
3) below 60 years only
4) any age
5) must be major in that state
9. Savings account become inoperative, if the account .........
1) amount deposited not intimating to the bank
2) amount withdrawn not intimating to the bank
3) amount deposited more than 50,000 with out intimating to bank
4) not operated at all during certain period as per the bank rules
5) None
10. Consider the following statements.
a) A person saves money from his regular income
b) He wants to save the money in an account which permits withdrawals any time with rational rate of interest
c) He also want to issue cheques in favour of others
d) He wants to use ATM card also
The most suitable account for him is?
1) Recurring account
2) Fixed deposit
3) Saving account
4) Kiddy account
5) None
11. The facts relating to the current account deficit as told by RBI on 3 May 2013 given. Locate the wrong option.
1) Current Account Deficit (CAD) as the biggest risk to Indian economy.
2) had touched a record high of 6.7 percent in the December quarter of last fiscal year
3) outlook for Advanced Economies (AEs) remains uncertain, and even if there may be no event shocks, there could well be process shocks which could result in capital outflows from emerging developing economies.
4) It said it concern over rising external debt and short-term borrowings to meet the widening CAD.
5) None
12. In a continue effort to curb the rupee volatility, which of the measure not taken by RBI on 16th July 2013?
1) RBI raised lending rates to commercial banks 2 percent to 10.25 percent
2) sale of Government of India Securities to suck up Rs.12,000 crore
3) Marginal Standing Facility (MSF) rate has also been increased to 10.25 percent from current 8.25 percent
4) Increased the SLR to 25% to curb the circulation of money up to Rs.1,20,000 crores
5) None
13. World Bank has approved a concessional loan of $ 100 million for the National Housing Bank on 17 May 2013. Locate the wrong option.
1) The loan was granted implementation of a low-income housing programme
2) The programme will support NHB in refinancing mortgage loans
3) The loan has been granted under the concessional International Development Association window on a long-term basis for 35 years
4) NHB is the regulator of Home loans given by HFC
5) None
14. Which International Monetary Organization granted $ 100 million to Jammu & Kashmir
for the development of infrastructure?
1) IMF
2) World Bank
3) ADB
4) IDA
5) None
15. $84 million granted by ... to strengthen panchayath project in Bihar on 27 June 2013.
1) IMF
2) ODA
3) World Bank
4) IFC
5) AFD
16. The early tsunami warning system has been installed recently at Rangachang situated in?
1) Lakshadweep
2) Tamil Nadu
3) Andhra Pradesh
4) Puducherry
5) Andaman and Nicobar Islands
17. The Daitari iron ore mines might soon close down on the allegations of carrying mining activities without forest clearance. These mines are situated in which of the following states in India?
1) AP
2) Jharkhand
3) Uttarakhand
4) Madhya Pradesh
5) Odisha
18. Tahrir Square, which was in news recently, is situated in which of the following
countries?
1) Turkey
2) Syria
3) China
4) Tunesia
5) Egypt
19. Which familiar combination come under ''Demand Deposits''?
1) Fixed deposit, Current Account
2) Fixed deposit, Recurring Account
3) Saving Account, Current Account
4) Fixed deposits, Savings Account
5) None
20. India held the 16th round of border talks with which of the following countries recently?
1) Pakistan
2) Bangladesh
3) Nepal
4) China
5) None
21. Narendra Modi has asked farmers from across the country to contribute iron blocks for construction of a huge statue of Sardar Patel at Sardar Sarovar Dam. It will be name?
1) Lauh Purush
2) Statue of Integrity
3) Statue of Sovereignty
4) Statue of Unity
5) None
22. Who among the following has been sworn in as an interim president in Egypt after the military ousted the incumbent Mohammed Morsi recently?
1) Mahdi Aakef
2) Gehad El-Haddad
3) Adly Mahmoud Mansour
4) Mohammed Badie
5) Gulam Ahmed
23. Which of the following countries has given its approval to the controversial IVF technique that would lead to the creation of babies with three parents? This technique is aimed at checking the genetic diseases.
1) Japan
2) Singapore
3) UK
4) China
5) None of these
24. Which Indian woman entrepreneur, who has received UAE's prestigious 'Emirates Woman Award 2013'.
1) Naina Lal Kidwai
2) Sonia Gandhi
3) Vandana Gandhi
4) Kiran Mazumdar-Shaw
5) Indira Nooyi
25. The general level of prices increase over time is called .........
1) disinflation
2) deflation
3) rotation price
4) relay inflation
5) inflation
26. Sustained decrease in the average price level is called ..........
1) inflation
2) stagflation
3) round inflation
4) deflation
5) None
27. Demand-pull inflation is an inflation that results from an initial .........
1) increase the demand for Natural resources
2) increase the labour force
3) decrease in aggregate demand
4) increase in aggregate demand
5) None
28. Where the inflation of a nation increases gradually, but continually, over time is
called .......
1) polar inflation
2) grave inflation
3) creeping inflation
4) force inflation
5) None
29. 'Very rapid inflation which is almost impossible to reduce it' is called.......
1) core inflation
2) galloping inflation
3) strict inflation
4) import inflation
5) None
30. If the cost of production rise, for one reason or another, and force up the prices of finished goods and services it is called .......
1) rise inflation
2) increase inflation
3) services inflation
4) cost-push inflation
5) None
31. In its mid-quarter review of the monetary policy, announced on 17 June 2013, what reason told by RBI for the continuation of inflation in India?
1) increasing buying of gold
2) decreasing warehouse facilities
3) NRI purchases in India
4) Food prices
5) government expenditure
32. June 2013 registered how much WPI inflation?
1) 9.5%
2) 6.5%
3) 1.5%
4) 0.15%
5) 4.86%
33. On 27 June 2013, Union Government cleared the proposal of disinvestment of 7.64% stake sale in NFL. NFL means .....
1) National Fashion Limited
2) National Fine Steel Limited
3) National Ferrous Limited
4) National Frontier Limited
5) National Fertilizers Limited
34. ......... committee look in to issues relating to financial bench-marking and examine if they have become obsolete and need changes. The committee appointed by RBI on 28 June 2013.
1) Rangarajan
2) Aravind Mayaram
3) Vijay Bhaskar
4) Raghuvamsi
5) None
35. According to a recent ruling by the Supreme Court, in cheque bouncing case for a cheque issued from a joint account, who can be prosecuted under Section 138 of the Negotiable Instruments Act?
1) Only the person who signed the cheque
2) All the persons named in the joint account collectively
3) Any one of the individuals named in the joint account
4) Only the firm that issued the cheque and not any individual
5) None of these
36. The British Indian business tycoon Sanjeev Kapoor bought Hypo Alpe Adria bank having headquarters in .......
1) Australia
2) France
3) Germany
4) UK
5) Austria
37. As per the new strategic plan approved by World Bank, by which year the global poverty will be eradicated?
1) 2030
2) 2020
3) 2015
4) 2045
5) 2050
38. Who is the Chairman of IBPS (Institute of Banking Personal Selection)?
1) A.S.Bhattacharya
2) Deepali Pant Joshi
3) K.R.Kamath
4) Pratip Chaudari
5) D.Sarkar
ANSWERS:
1-3, 2-5, 3-1, 4-5, 5-3, 6-1, 7-4, 8-4, 9-4, 10-3
11-5, 12-4, 13-3, 14-3, 15-3, 16-5, 17-5, 18-5, 19-3, 20-4
21-4, 22-3, 23-3, 24-3, 25-5, 26-4, 27-4, 28-3, 29-2, 30-4
31-4, 32-5, 33-5, 34-3, 35-1, 36-5, 37-1, 38-3
