Question No : 1

Which of the following is/are true about the “Pradhan Mantri Adarsh Gram Yojana” to be launched in the near future?

(A) This scheme is to develop those villages where SC/ST population is in prominence.

(B) About 70,000 villages are identified for the same.

(C) A special fund of Rs.7,000 crore is set up for the scheme.

(1) Only (A)

(2) only (B) 

(3) Only (C)

(4) All (A), (B) and (C) 

(5) None of these

Question No : 2

Which of the following is used as a fuel in Nuclear power stations in India?

(1) Thorium

(2) Copper

(3) Tin

(4) Cromium

(5) All of these

Question No : 3

Many Banks have adopted/launched “Core Banking Solutions” (CBS). Core Banking Solution is ___

(1) a marketing strategy adopted by the banks

(2) a new type of ATM useful for rural population

(3) a delivery channel for quick and fast delivery

(4) a new product launched to help senior citizens only as they are able to visit branches/ATMs frequently.

(5) None of these

Question No : 4

Which of the following cannot be called as a Value Added service offered by a bank?

(1) Accident Insurance cover

(2) Special Accounts for poor sections of society

(3) Free cheque books

(4) Instant Credit of outstation cheques

(5) All are value added services

Question No : 5

Opening the Savings Bank Account of a minor girl will be called as which of the following  in Banking terminology

(1) Retail Banking

(2) Merchant Banking

(3) Institutional Banking

(4) Corporate Banking

(5) Social Banking

Question No : 6

One of the major challenges banking industry is facing these days is deliberate efforts of some people to bring money earned through illegal activities in circulation. Which of the following acts is passed to prevent this activity?

(1) Payment & settlements Act 

(2) Banking Regulation Act

(3) Negotiable Instrument Act

(4) Narcotics and Psychotropic Substance Act 

(5) Prevention of Money laundering Act

Question No : 7

NRE deposit is_______

(1) Non Resident External deposit

(2) Non Resident Extra deposit

(3) Non Resident Exchange deposit

(4) Non Refundable External deposit

(5) Non Resident Extended deposit

Question No : 8

It is evident that the economic slowdown still continues to weigh on the performance of the banks in India. How is this affecting banks and/or general public?

(1) The number of bank account holders has gone down.

(2) The gross Non Performing Assets (NPAs) of the listed banks have increased substantially.

(3) Inflation has reached at a very high level

(4) Relief packages announced by the Government have proved insufficient to improve the situation of agri sector

(5) All of these

Question No : 9

As published in various newspapers, the Experian Credit Information Company of India is going to launch its operation in India soon: At present the only credit information bureau functional in India is

(1) AMFI

(2) ICRA

(3) CIBIL

(4) CRISIL

(5) None of these

Question No : 10

As per the news published in a financial population RBI is redesigning its ‘ECS’ to function as a Automated Clearing House (ACH) for bulk transactions. What is full form of ‘ECS’?

(1) Extra Closing System

(2) Electronic Cheque System

(3) Evening Cheque Sorter

(4) Evening Cheque System

(5) Electronic Clearing Service

Question No : 11

Which of the following challenges will be most crucial for human existence on earth in the days to come?

(1) Pollution

(2) Food Security

(3) Availability of natural gas

(4) Need for Financial Inclusion

(5) Cyber Crimes

Question No : 12

The working group set up by the RBI has suggested the launch of an Emergency Fund Facility Scheme for banks.  This scheme will help which of the following types of banks?

(1) Public Sector Banks

(2) Small Banks

(3) Private Banks

(4) Urban Cooperative Banks

(5) Foreign Banks

Question No : 13

Black soil is not very suitable for the growth of

(1) Cotton

(2) Wheat

(3) Ground nut

(4) Potato 

(5) Linseed

Question No : 14

Name the India’s highest Award which given to a civilian?

(1) Jnanpeeth Award

(2) Param Vir Chakra

(3) Bharat Ratna

(4) National Film Award

(5) None of these

Question No : 15

A person eligible to become the President of India should not be less than (minimum age)

(1) 60 years of age

(2) 55 years of age

(3) 50 years of age

(4) 40 years of age 

(5) 35 years of age

Question No : 16

Which of the following is not one of the 10 fundamental duties of an Indian citizen?

(1) Safeguard public property 

(2) Preserve the rich heritage of the nation’s composite culture

(3) Protect the natural environment and have compassion for living creatures.

(4) Ensure that each child of school going age gets basic education.

(5) Cherish the noble ideals of the freedom struggle

Question No : 17

India’s first Defence University was set up in

(1) Gujarat 

(3) Punjab

(4) Delhi 

(4) Haryana

(5) Madhya Pradesh

Question No : 18

Which of the following funds was created from the proceeds of the disinvestment of Government Equity in Public Sector Units?

(1) National Investment Fund

(2) National Infrastructure Development Fund

(3) National Disinvestment Fund

(4) National Disaster Management Fund

(5) None of these

Question No : 19

A Saving Bank Deposit Account is one where______.

(1) The deposits are made only once in a year

(2) Amounts are deposited and are withdrawn as per requirement of the customers

(3) Periodical Fixed amount are deposited month wise and withdrawal are allowed after a fixed period

(4) The deposits are made once in every month

(5) None of these

Question No : 20

Kalinga Award is given for contribution in the field of _____

(1) Literature

(2) Sports

(3) Politics

(4) Science

(5) Cinema