1). Which of the following
countries recently conferred its Highest State Honour on Late Mrs. Indira
Gandhi for her contribution to its "Liberation War" ?
-Bangladesh
2). Which of the following
statements in true ?
-Banks can accept both time and demand deposits
from public.
3). Interest Payable on
savings bank account is
-Regulated
by RBI
4). Which among the
following is the correct statement ?
(1) State Bank of India is the sole authority to issue and manage
currency in India.
(2) A Nationalised Bank in
the sole authority to issue and manage currency in India
(3) A Cooperative bank is
the sole authority to issue and manage currency in India.
(4) RBI is the sole
authority to issue and manage currency in India.
(5) None of the above.
5). The Home Minister of
India was recently on a visit to Bangladesh where both the countries
signed a Coordinated Border Management Plan (CBMP).What are the major points of
this agreement ?
-The plan will help in resolving the long pending
border dispute with the two countries.
-India
will assure that no BSF Jawan will open fire on the people crossing the borders
unless there is attack on them.
6. The Government of India has
recently decided to raise the price of oil products like diesel, petrol and
cooking gas .However, some taxes on these products were reduced or scrapped all
together.What were these taxes that were reduced or scrapped ?
(A) Customs Duty
(B) VAT
(C) Excise Duty
(1) Only (A)
(2) Both (A) and (B)
(3) Both (A) and (C)
(4) Both (B) and (C)
(5) All (A), (B) and (C)
7). The President of India
was recently on a visit to South Korea
and Mongolia.
During her visit some agreements were signed by both the countries.Which of the
following was a common area on which India
signed agreements with both Korea
and Mongolia
?
-Peaceful use of Nuclear Energy.
8). Iran recently threatened that it will stop
supply of oil to India,
if the Payment issued is not sorted out quickly? What is the problem in payment
to Iran
?
(A) The Oil supplied by Iran is of Sub-Standard quality.Hence India suspended
the supply and stopped the payment.
(B) Indian Banks have
stopped the transfer of money to Iran
as UN has imposed sanctions on Iran.
(C) India is bound to
purchase oil only from the OPEC members. Iran has abandoned the membership
of OPEC, which has created a problem in payments.
(1) Only (A)
(2) Only (B)
(3) Only (C)
(4) All (A), (B) and (C)
(5) None of the above
9). Accounts are allowed
to be operated by Cheques in respect of
-Saving bank accounts and current bank accounts.
10). Yingluck Shinawatra
has won recently elections to become the first woman Prime Minister of
-Thailand
11). Which of the
following is the correct statement ?
-Normally no interest is paid on Current Deposit
Accounts
12). The Lokayukta of
which of the following states had submitted a report on illegal mining of Iron
ore in the state.
-Karnataka
13). The Usual deposit
accounts of banks are:
-Current accounts,Savings banks accounts and term
deposit accounts
14). Fixed Deposits and
recurring deposits are
-Repayable after an agreed period.
15). Almost all the major
economies of the world have reacted sharply on the issue of USA's ceiling limit on its debt.Why was the
issue so important for other nations, which otherwise was an internal matter of
USA
?
(A) The Senate's decision
on the issue might have caused the US Dollar to weaken further or get
strengthened in international markets.
(B) Weakling of Dollar
might have pushed up Euro and other major currencies up and some European
countries which were already in trouble would have faced a new crises.
(C) Debit Limit was
directly related to Liquidity position of banks in USA.
(1) Only (A)
(2) Only (B)
(3) Only (A) and (B) both
(4) Only (B) and (C) both
(5) All (A), (B) and (C)
16). Which of the
following is not a millennium goal set by the UNO ?
-Combat terrorism and bring people in main stream
of society
17). Financial Inclusion
means provision of
-Financial services namely, Payment remittances,
savings, loan and insurance at affordable cost to persons not yet given the
same.
18). Which of the
following statements containing the results of the India's recent census is not
correct ?
(1) Kerala has about 94 %
Literacy, the highest in India
(2) The sex ratio in India is 940.
(3) Male Literacy is lower
than female literacy is the seven most developed states
(4) Uttar Pradesh is the
most populous state in India.
(5) The population of India has
increased by 181million during the Decade 2011-2011
19). Which of the
following is said to be cross selling by banks ?
Sale of Insurance Policy
to a depositor
20). Angela Merkel was
recently in India
to receive Jawahar Lal Nehru Award for International Understanding for the year
2009. Which has been her contribution in the international politics which made
her the best choice for the award.
-She
initiated health care reforms in Germany and solved problems related
to 'future energy development'
-She payed a crucial role in negotiation of the
'Treaty of Lisbon' and 'Berlin Declaration
21). Japan won the women's football cup
2011 by defeating
USA
22). Which of the
following state's become the first state in the country to Launch RBI's
e-payment system for commercial tax payers.
Karnataka
23). When a bank returns a
cheque unpaid it is called
Dishonour of the cheque
24). Mortgage is a
Security on
immovable property for a loan given by a bank
25). The world's highest
rail bridge is being constructed in the state of Jammu
and Kashmir will be on which of the following
rivers.
Chenab
26). Which of the
following films was not directed by Director Mani Kaul who died recently
(1) 3 Idiots
(2) Ghashiram Kotwal
(3) Uski Roti
(4) Duvidha
(5)Ashad ka Ek Din
27). The President of
which of the following countries is accused of violation of "Wars Powers
Act" of his country when he decided to attack Libya with other NATO countries in
June 2011 ?
USA
28). Which of the
following schemes is launched by the government of India to provide an
identity to all its resident citizens and also in identifying people who are
poorest , often the last to stand up to ask for their share in government
schemes and lack identity?
Aadhar card scheme
29). Which of the
following types of accounts are known as Demat Accounts
Accounts in which shares of various companies are
traded in electronic form
30). Who among the
following won the Wimbledon Men's Finals 2011 which was also his first Wimbledon title ?
Novak Djokovic
31).Who is the Chairman of
the Committee constituted by RBI to study the issues and concerns of the Micro
Finance Institutions (MFI) Sector
Y.H. Malegam
32). Upper limit
prescribed for RTGS Transaction is
No upper limit is prescribed
33). Distribution of
Insurance products and insurance policies by banks as corporate agents is known
as
Banacassurance
34). In order to attract
more foreign exchange, the government of India decided to allow foreign
investment in LLP firms.What is the full form of LPP ?
Limited
Liability Partnership
35). NEFT means
National Electronic Funds Transfer System
36). Who among the
following has been elected as a director on Board of Bank of America- the first
Non-American on the board of one of the largest financial institutions in the
world
Mukesh
Ambani
37). When the rate of
Inflation increases
Purchasing
power of money remains unaffected
38). POSCO is in the
process of establishing its plants in India.What does the letter 'P' denote in
the name POSCO ?
Pohang
39). Who amongst the
following as become the Chief Minister of a state in India third time consecutively ?
Tarun Gagoi
40). Who among the
following is the winner of the Man Booker International Prize-2011 ?
Philip Roth
41). Interest on savings
bank accounts in now calculated by banks on
Daily Product basis
42). The Third
International Conference of the Trade Unions was organized in June 2011 in
Paris
43). A Centralized
database with online connectivity to branches, Internet as well as ATM network
which has been adopted by almost all the major banks of our country is known as
Mobile
Banking
44). The Government of
India recently decided to lift four years old ban on export of wheat.What was
the reason for the same ?
India has a
bumper crop of wheat in the last two years.Hence it has excess stock of wheat
45). Which of the
following is not considered a money market instrument ?
Shares and
Bonds
46). With a view to
facilitate the Payment of Balance in the deposit account to the person named by
the depositor without any hassles in the event of the account holder, the
following facility was introduced by the bank accounts in our country
Nomination
47). The Government of
which of the following states has agreed to give captive mines of iron ores to
all the companies who are willing to establish plants there ?
Orissa
48). 'Gorkhaland Council'
which was recently in news is a body to set up for administration of which of
the following districts ?
Darjeeling
49). Banks in our country
normally publicise that additional interest rate is allowed on retail domestic
term deposits of
Senior
Citizens
50) Largest Shareholder
(In percentage Shareholding) of Nationalised bank is
Government
of India
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