PREPARATORY QUESTIONS

BANKING/FINANCIAL KNOWLEDGE

PREPARATORY SET-34

Direction (Qs.1-20): Read the following questions carefully and choose your answer from the given five options.

 

Question No : 1

A centralized database with online connectivity to branches, internet as well as ATM-network which has been adopted by almost all major banks of our country is known as _____

(1) investment banking

(2) core banking

(3) mobile banking

(4) national banking

(5) specialized banking

Question No : 2

Which of the following is a Public Sector Undertaking?

(1) Bharat Electronics Ltd

(2) Bharti Airtel

(3) HDFC Bank

(4) Grasim Industries

(5) HCL Technologies

Question No : 3

The Central Government has decided to celebrate 2012 as the National Year for_______

(1) Space

(2) Forests

(3) Physics

(4) Mathematics

(5) Children

Question No : 4

The Jan Lokpal Bill addresses which of the following issues?

(1) Corruption

(2) Brain Drain

(3) Communalism

(4) Terrorism

(5) Inflation

Question No : 5

What does the abbreviation FEDAI stand for (as used in the financial sector)?

(1) Formal Economic Development Association of India

(2) Foreign Exchange Distributor’s Association International

(3) Foreign Exchange Dealers’ Association of India

(4) Forex Exchange Distributors’ Association of India

(5) Foreign Exchange Distributors’ Association of India

Question No : 6

RBI was nationalised in:

(1) 1935

(2) 1949

(3) 1955

(4) 1969

(5) 1947

Question No : 7

Which of the following is NOT the name of a country?

(1) Congo

(2) Ethiopia

(3) Paris

(4) Uganda

(5) East Timor

Question No : 8

Which of the following is not the name of a Banking Organisation?

(1) HDFC

(2) IDBI

(3) YES

(4) SEBI

(5) ICICI

Question No : 9

NBFC stands for which of the following?

(1) New Banking and Finance Companies

(2) Non Banking Financial Consultancy

(3) Non Banking Financial Company

(4) New Banking and Finance Consultancy Service

(5) Non Banking Financial Credit

Question No : 10

Which of the following books was written by Rabindranath Tagore?

(1) Devadas

(2) Sahib Bibi Aur Ghulam

(3) Gitanjali

(4) Godan

(5) Ananda Math

Question No : 11

The Kudankulam plant of nuclear energy is located at ______

(1) Odisha

(2) Karnataka

(3) Andhra Pradesh

(4) Kerala

(5) Tamil Nadu

Question No : 12

Banks in our country normally publicise that additional interest rate is allowed on retail domestic term deposits of ______

(1) Senior citizens

(2) Married women

(3) Minors

(4) Govt. employees

(5) Rural residents

Question No : 13

What does the letter ‘L’ denote in term ‘LAF’ as referred every now and then in relation to monetary policy of the RBI?

(1) Liquidity

(2) Liability

(3) Leveraged

(4) Longitudinal

(5) Linear

Question No : 14

Which of the following is a non-renewable source of energy?

(1) Wind

(2) Petroleum

(3) Water

(4) Solar energy

(5) Bio-fuel

Question No : 15

In which type of account, banks generally do not pay interest?

(1) Current account

(2) Interest is always payable in all types of account

(3) Saving account

(4) Fixed deposit account

(5) None of these

Question No : 16

Distribution of insurance products and insurance policies by banks as corporate agents is known as__

(1) General Insurance

(2) Non-life Insurance

(3) Bancassurance

(4) Insurance Banking

(5) Deposit Insurance

Question No : 17

Bhupen Hazarika was a well-known _____

(1) Writer

(2) Politician

(3) Painter

(4) Athlete

(5) Singer

Question No : 18

Which of the following is a folk dance of India?

(1) Kathak

(2) Bharatnatyam

(3) Odissi

(4) Mohiniattam

(5) Bihu

Question No : 19

Which of the following terms is not related to banking?

(1) Repayment

(2) Loan

(3) NPA

(4) Fasting

(5) Deposit

Question No : 20

The Pushkar mela is organized in which of the following states?

(1) Rajasthan

(2) Gujarat

(3) Bihar

(4) Haryana

(5) Punjab