Thursday, October 20, 2011

IBPS BANKING AWARENESS QUESTIONS SET:- OT3

1. Which card cannot be used in bank ATM? 1) Credit card 2) Debit card 3) Aadhar Card 4) Pre-paid card  5) None



 2. We use PIN number in the transactions of bank ATM. PIN means ........? 1) Personal Identification numeral 2) Personal Identity number 3) Personal Identification number 4) Preferential Identification number 5) Personal Indian number



 3. Banks do not issue.........? 1) Cheque book 2) Birth certificate 3) Demand Draft 4) Letter of Credit 5) Withdrawal Form



 4. The debit card can be used in........? 1) in the same bank ATM 2) in the other bank ATM 3) Point of Sales Terminals ( POS) 4) All of above 5) None of Above



 5. RBI cannot supervise.........? 1) Micro Finance Companies 2) Non-Banking Finance Companies 3) NGO 4) Non-Scheduled banks 5) Scheduled banks



 6. The Indian Banks Association is a ........ 1) Constitutional body 2) Non-Constitutional body 3) Statutory body 4) Government body 5) Association of banks



 7. Swabhiman is the scheme of ........? 1) Children 2) Rural area development 3) SEBI 4) Ministry of Finance and Indian Banks Association 5) World bank



 8. Recently, Rs. 75 coin issued in the memory of ........celebrations of RBI? 1) Golden 2) Silver 3) Platinum 4) Diamond 5) Centenary



 9. Indian Banks need not follow........? 1) Banking Regulation Act,1949 2) RBI Act 1934 3) Negotiable Instruments Act,1881 4) MGNREGA,2006 5) FEMA 1999



 10. Which merger is wrong? 1) ICICI limited merger with ICICI Bank Limited -2002 2) Times bank with HDFC bank-1999 3) State bank of Hyderabad with State bank of India-2010 4) State bank of Indore with State bank of India-2010 5) New bank of India with Punjab National Bank-1993



 11. The promoter of Clearing Corporation of India (CCIL)........? 1) IDBI 2) State bank of India and ICICI 3) LIC 4) HDFC and Bank of Baroda 5) All of above



 12. Expand SFFSS? 1) Special Fund Facility Security Scheme 2) Special Fund Facsimile Security Settlement 3) Special Fund Facility Scrutiny Settlement 4) Special Front Facility Security Settlement 5) Special Fund Facility Security Settlement



 13. Escheat mean........? 1) The person arrested on the charges of cheating and corruption 2) Estate taken by more than 2 persons to share in the future. 3) The british law which says the person cheated must make the correct of the transaction done 4) Bank agreement with another bank to get the funds for 14 to 90 days . 5) Property is transferred to the government because a person has died without heirs.



 14. In 1964, ECGC established. Expand ECGC, which is under the administrative control of government of India? 1) Export Credit and Guarantee Company 2) Export Control and Guarantee Corporation 3) Export Credit and Guarantor Corporation 4) Export Credit and Guarantee Corporation 5) None of Above



 15. Lead bank scheme of RBI was set up on the recommendation of ........? 1) Soma Sundaram Committee 2) Gadgil study group 3) Lodha group 4) Seturaman Committee 5) C.Rangarajan committee



 16. Select the wrong option in the following statements relating to Co-operative Banks?

 1) Co-operative bank is registered under the Co-operative societies law in which state it is founded 2) Banking Regulation Act 1949 partially applicable so that RBI has partial control

 3) Few Co-operative banks usually follow federal structure 4) Co-operative banks can open foreign branches with out the permission of RBI 5) State Co-operative banks can seek re finance facility from RBI



 17. Locate the wrong combination? 1) Rajmannar Committee-Cheque bounce an offense 2) Nadakarni Committee-Trading in Private Banks 3) Goparia Committee-Bank Frauds 4) Vyas Committee-Rural Credit  5) Usha Thorat Committee-Financial Inclusion



 18. On 18 August 2011, Asian Development Bank granted $ 200 million to .......to boost the power distribution in the state? 1) Bihar 2) Andhra Pradesh 3) Odisha 4) West Bengal 5) Madhya Pradesh



 19. Asian Development bank is in Manila. Manila is the capital of.......? 1) Philippines 2) Japan 3) Hongkong 4) Vietnam 5) Laos



 20. Highest producer of milk in the world is.......? 1) Canada 2) USA 3) India 4) UK 5) France



 21. Devaluation means........? 1) deliberate upward adjustment to a country's official exchange rate relative to other currencies 2) deliberate downward adjustment of prices to market prices 3) downward the exports value to import value of the goods exchanged for the goods

 4) deliberate downward adjustment to a country's official exchange rate relative to other currencies 5) None of Above



 22. Payroll tax means.......? 1) Tax collected on employers' wage bills 2) Tax paid to government by class-IV employees 3) Tax paid and received on the rotation basis 4) No Tax collected from employees 5) All of above



 23. .......is a surface to surface missile manufactured by India? 1) Hatf 2) Bulava 3) KN-06 4) Prahar 5) Trinity



 24. Lok pal bill deals with........? 1) Reservation of women in Local Bodies 2) Corruption 3) Beedi workers 4) Domestic workers 5) Non-Resident Indians



 25. Union Cabinet approved to grant Rs.1200 crore scholarship plan to........? 1) Jammu and Kashmir 2) Uttar Pradesh 3) Madhya Pradesh 4) Assom 5) Odisha



 26. New Chief minister of Uttarakhand is.......? 1) Nitish Kumar 2) Mayawathi 3) Ramesh Pokhriyal 4) B.C. Khanduri 5) None



 27. South Sudan is in ......? 1) Asia 2) Europe 3) North America 4) Africa 5) Australia



 28 G-SAT -12 is a .......? 1) Rocket 2) Satellite 3) Space Shuttle 4) Missile 5) Aircraft



 29. From 10 November 2011, the SAARC summit to be held in Male (capital of Maldives). Select one nation not a member of this International summit? 1) Myanmar 2) Bangladesh 3) India 4) Sri Lanka 5)Pakistan



 30. Housing scheme is........? 1) MGNREGS 2) JSSY 3) RAY 4) ANNAPURNA 5) LAF



 31. National Drinking Water Mission named after.......? 1) Indira Gandhi 2) Mahatma Gandhi 3) Jawahar Lal Nehru 4) Rajiv Gandhi 5) Vajpayee



 32. Pick up a filed in which Ramon Magsaysay award is not given? 1) Sports 2) Emergent Leadership 3) Government Service 4) Peace and International Understanding 5) journalism



 33. 12th Five year plan period is.......?  1) 2012-2017 2) 2010-2015 3) 2009-2014 4) 2012-2018 5) 2011-2016



 34. Five year plans finally approved by.......? 1) National Development Council 2) Planning Commission 3) National knowledge Commission 4) Ministry of Finance 5) Finance Secretary



 35. Father of Indian Green Revolution is.......? 1) M.S.Swaminathan 2) Harish Handey 3) J.M.Keynes 4) Amartya Sen 5) Indira Gandhi



 36. As part of Look East policy, Prathibha Patil, the president of India recently visited.......?

 1) South korea 2) North Korea 3) Vietnam 4) Malaysia 5) Hongkong



 37. India's national aquatic animal is.......? 1) Fish 2) Prawn 3) Whale 4) Dolphin 5) Shrimp



38. The Cabinet Committee on Economic Affairs on 30 August 2011 approved disinvestment of 5 per cent of its stake in which of the following Central Public Service Enterprises (CPSE)? (1) NTPC (2) HPCL (3) BHEL (4) SAIL (5) ONGC



 39. 80th anniversary completed by.......? 1) Central Bank of India 2) Planning Commission 3) Rastrapathi Bhavan 4) Income Tax Department 5) Reserve Bank of India



 40. Indian stock markets run under the control of..............? 1) RBI 2) TRAI 3) SBI 4) SEBI 5) NABARD



 41. Standard & Poor is a .......? 1) Bank 2) Non-banking finance company 3) Stock market index 4) Credit Rating Agency 5) RBI advisory body



 42. MARPOL is the International Convention .......? 1) to prevent the amalgamation of money laundering agencies 2) to control pollution from motor vehicles 3) to prevent the pollution from Ships 4) to stop the usage of pesticides 5) to encourage the people not to buy plastic



 43. Fazilka and Pathankot are the new two districts of.......? 1) Punjab 2) Andhra Pradesh 3) Rajasthan 4) Odisha 5) Jammu & Kashmir



 44. Union Government declared price stabilization fund for.......? 1) Tobacco, Coffee, Tea and Rubber 2) Coffee, Tea, Rice and Sugar 3) Wheat, Computers, Chemicals and Tea 4) Coffee, Rice, Wheat and Crude 5) Petrol, Gas and Rice



 45. ........not written by Sarojini Naidu? 1) The Golden Threshold 2) The Feather of the Dawn 3) Muhammad Jinnah 4) Swamy and his friends 5) The Bird of Time: Songs of Life, Death & the spring



 46. .......is a player/ umpire/ coach not belong to Cricket? 1) Duncan Fletcher 2) Clyde Duncan 3) Gautam Gambhir 4) Lionel Andres Messi 5) Mansur Ali Khan Pataudi



 47. Olympic games 2012 will be held in.......? 1) Mexico 2) Argentina 3) Brazil 4) India 5) England



48. Union Government on 26 September 2011 announced the reconstitution of the National Manufacturing Competitiveness Council (NMCC) under whose chairmanship to energies and sustain the growth of manufacturing industries and help in the implementation of strategies by the government?(1) V. Krishnamurthy (2) Pranab Mukherjee (3) U K Sinha (4) Dr D Subbarao (5) Narayan Murthy



49. Government panel headed by Planning Commission member Arun Maira in its report presented on 27 September 2011 suggested giving more powers to which of the following bodies with respect to mergers and acquisitions in the pharmaceutical sector?(1) Competition Commission of India (2) Finance Ministry (3) Reserve Bank of India (4) Federation of Indian Chambers of Commerce and Industry (5) Ministry of Health



50.  Coal Ministry on 21 September 2011 during the Round table conference on Coal approved, in principle, the allotment of five coal blocks to which of the following PSU power generators?(1)  BHEL (2)  NTPC (3)  Power Grid Corporation of India (4)  Gujarat State Energy Generation (5)  ONGC



ANSWERS: 1)3  2)3  3)2  4)4  5)3  6)5  7)4  8)3  9)4  10)3  11)5  12)5  13)5  14)4  15)2  16)4  17)2  18)5  19)1 20)3  21)4  22)1  23)4  24)2  25)1  26)4  27)4  28)2  29)1  30)3  31)4  32)1  33)1  34)1  35)1  36)1  37)4  38: (3) 39)3  40)4  41)4  42)3  43)1  44)1  45)4  46)4  47)5  48: (1) 49: (1)  50: (2)

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