Tuesday, August 21, 2012

RRB Banking Awareness

Ques. : 1   Who is the only Olympic medal winner from Tibet who was fielded by China in London Olympic Games?
1) Yi Siling      2) Feng Zhe     3) Sun Yang    4) Choeyang Kyi         5) Ye Shiwen     
Ques. : 2   Name the first Indian shuttler to win an Olympic medal in the London Olympic Games 2012?
1) Parupalli Kashyap   2) Saina Nehwal  3) Jwala Gutta  4) Anup Sridhar    5) Shruti Kurien                  

Ques. : 3   What was the rank of India in the 30th Olympic Games, which was concluded in London on Aug 12?
1) 50th             2) 52th             3) 53th             4) 55th         5)56th                                                         

Ques. : 4   Application Supported by Blocked Amount (ASBA) is used in which of the following form of investments?
1) Portfolio Investment    2) Initial Public Offer       3) Foreign Capital Convertible Bonds           
4) Foreign Direct Investment  5) Mutual Funds                                                                                          

Ques. : 5   Which SBI group bank has launched the country’s first financial super market aimed at cross-selling non-standard banking products in Jaipur?
1) State Bank of India                        2) State Bank of Patiala          3) State Bank of Mysore        
4) State Bank of Bikaner & Jaipur      5) State Bank of Travancore                                                           

Ques. : 6    Money laundering normally involves______________.
1) Placement of funds  2) Layering of funds     3) Integration of funds      4) All 1, 2 & 3
5) None of the above                                                                                                                                  

Ques. : 7   In case a depositor wishes to withdraw his fixed deposit prematurely from a bank, the bank:
1) Do not allow the same till maturity of the deposits   2) Charge a penalty for the same        3) Do not charge any penalty and allow the same  4) Do not allow premature withdrawal5) None of these            

Ques. : 8   What does EBT stands for?
1) Electronic Belated Transfer 2)Electric Beginners Transaction 3)Electronic Benefit Transfer             
4) Electronic Beginning Transaction   5) None of the above                                                            

Ques. : 9   The Investor Education and Protection Fund (IEPF) for promotion of investors’ awareness and protection of the interests of investors, is under which of the following ministries in India?
1) Ministry of Finance            2) Ministry of Corporate Affairs        3) Ministry of Commerce
4) Ministry of Overseas Affairs                      5) None of these                                                              

Ques. : 10   Narsimham Committee recommended to reduce the Statutory Liquidity Ratio (SLR) and Cash Reserve Ratio (CRR) to:
1) 25% and 3.5% respectively 2) 24% and 3.5% respectively      3) 25% and 3% respectively  
4) 20% and 5% respectively   5) 25% and 5% respectively                                                              

Ques. : 11   Credit Information Bureau (India) Ltd (CIBIL) has expanded its services by introducing a Risk Index for which of the following segments?
1) Corporates and business houses     2) Individual entrepreneurs     3) Foreign investors         4) NRIs          5) Real estate                                                                                                                                      

Ques. : 12   To which state the National Bank for Agriculture & Rural Development (NABARD) has decided to provide a loan assistance of Rs 1,833 crore to revamp the half-century-old Chambal canal system?
1) Rajasthan    2) Madhya Pradesh     3) Uttar Pradesh          4) Punjab         5) Gujarat                   

Ques. : 13   Many a times we read about ‘teaser rates’ in newspapers. What exactly comprises teaser rates?
1) A bank advertises heavily on higher interest rates on the fixed deposits and other debt instruments and then lower the rates suddenly.  
2) A bank advertises heavily on to draw potential customers by offering them rewards on home loan agreements and following acceptance, the buyer is forced to pay back a higher interest rate on the loans.
3) A bank offers a low introductory rate in the beginning on a home loan, which increases after a certain period and higher than the normal rate.   
4) A bank offers a high introductory rate in deposit instruments which later on goes down after a certain period.
5) None of the above                                                                                                                         

Ques. : 14   The Reserve Bank of India (RBI) is authorized to make to the central and state governments ways and means advances. These are repayable within which of the following periods?
1) Three months from the date of making advances  
2) Six months from the date of making advances     
3) Nine months from the date of making advances    
4) 12 months from the date of making advances
5) None of these                                                                                                                                  

Ques. : 15   Which of the following is NOT the part of the structure of the financial system of India?
1) Industrial finance 2) Agricultural finance   3) Government finance   4) Development finance                      5) Personal finance                                                                       

Ques. : 16   Which of the following policies/agreements/accords is closely associated with the reform in banking industry?
1) Doha Accord   2) Basel Accord     3) Look East Policy   4) Ramsar Agreement  
5) Geneva Framework                                                                                                                                   

Ques. : 17   Which international bank has been accused by New York state in the United States of hiding about 60,000 secret transactions with the Iranian government, involving a whopping $250 billion?
1) ABN Amro Bank   2) HSB  3) Barclays Bank      4) Standard Charter      5) HDFC Bank        


Ques. : 18   Who is the chairman of the Pension Fund Regulatory Development Authority (PFRDA) of India?
1) UK Sinha    2) J Harinarayan          3) Yogesh Agarwal     4) D Subbarao   5) C Rangarajan       

Ques. : 19   Bank Rate implies the rate of interest:
1) Paid by the Reserve Bank of India on the deposits of commercial banks
2) Charged by banks on loans and advances
3) Payable on bonds    4) At which the Reserve Bank of India discounts the Bills of Exchange
5) None of these        

Ques. : 20   Consider the following pairs about various international banks which is not correct?
1) UBS – Switzerland             2) Barclays Bank – UK           3) ABN Amro Bank – USA  
4) Kookmin Bank – South Korea                   5) PNB Paribas – France        

Ques. : 21   The primary function of a Central Co-operative Bank is:
1) To mobilise the resources in the district for financing its members           
2) To channelize the flow of funds from the State Co-operative Banks       
3) To mobilise deposits from the state government    4) None of the above                5) Both 1) & 2)        

Ques. : 22   What is/are the benefits of Core Banking Solutions (CBS)?
1) Benefit of not carrying the cash from one place to another          
2) Depositing money anywhere in the country where the bank is present    
3) Instant updating of the accounts    4) All of the above                  5) None of the above               

Ques. : 23   What do you mean by home banking?
1) How banking is an extended version of tele-banking       
2) In home banking the customer is able to access his bank account from his home for availing a variety of services which are made available
3) Home banking is availed through the customer’s personal computer attached to a telephone line and modem              
4) All of the above
5) None of the above                                                                                                                         

Ques. : 24   In banking parlance, what is the meaning of the term “Reconveyance”?
1) A commission or fee paid when an agent or an individual sells an investment.   
2) Transfer of property to its real owner, once the loan or the mortgage is paid off.
3) Property or assets which are pledged to the lender by the borrower.       
4) Clearing the current loan with the proceeds of a new one.                        5) None of these                    

Ques. : 25   The Regional Rural Banks (RBIs) are refinanced at:
1) 2% below the Bank Rate    2) 1% below the Bank Rate    3) 2% below the Repo Rate   
4) 1% below the Repo Rate    5) Repo Rate                                                                                      

Ques. : 26   The primary issuers of capital market securities include:
1) The central government      2) The local government   3) Corporations
4) The central and local governments and corporations   5) Local government and corporations    

Ques. : 27   Which of the following sections of people is not financially excluded?
1) Marginal farmers     2) Salaried persons      3) Landless labourers 
4) Self-employed and unorganised sector enterprises            5) Urban slum dwellers                      

Ques. : 28   Which of the following is not a negotiable instrument?
1) Promissory note      2) Bill of exchange      3) Cheque        4) Bank draft  5) Share certificate    

Ques. : 29   Which among the following organisation has been conducting surveys of the strength of financial markets of various countries and ranks them accordingly in its flagship annual “Financial Development Report”?
1) International Monetary Fund  2) UNCTAD  3) World Economic Forum   4) World Bank  5) G-8                                                                                                              

Ques. : 30   Many a times we read in financial newspapers about a term “loan syndication”. What exactly is loan syndication?
1) In loan syndication, more than one debtors apply for a loan to one creditor        
2) In loan syndication, more than one creditors come together to provide single loan
3) In loan syndication, more than one creditors come together to provide multiple loans                
4) Both 2) & 3)                      
5) All of the above            
Ques. : 31   Which one of the following methods is currently used in India to issue note?
1) Fixed Fiduciary System      2) Maximum Fiduciary System           3) Proportional Reserve System         
4) Percentage Reserve System            5) Minimum Reserve System                                                          

Ques. : 32   The best alternative banking service to branch banking to be the part of ‘financial inclusion’?
1) Establishment of small branches     2) Setting up of ATMs            3) Issuing ATM cards
4) Giving credit cards             5) Mobile banking                                                                                       

Ques. : 33   The government has recently extended its viability gap funding (VGF) schemes to projects of many sectors. The scheme is applicable to what type of projects undertaken under public-private partnership (PPP)?
1) Transportation    2) Infrastructure    3) Telecommunication     4) Agriculture       5) Healthcare 

Ques. : 34   In which country the President has forced his powerful defence minister, the army chief of staff and several senior generals, in a stunning purge that seemed to reclaim for civilian leaders much of the political power?
1) Syria                        2) Botswana                3) Algeria                    4) Egypt                      5) Sri Lanka   

Ques. : 35   Prabuddha Dasgupta, who passed away recently, was a veteran:
1) trade union leader   2) photo journalist       3) architect      4) Communist leader   5) anti-dam activist    

Ques. : 36   In which of the following states ‘Ladli Laxmi Scheme’ has been launched recently, aimed at preventing foeticide in the state?
1) Goa                         2) Delhi                       3) Madhya Pradesh                 4) Bihar           5) Haryana     

Ques. : 37   The Naresh Chandra Committee, which recently submitted its report to the government, is related to which of the following issues?
1) Foreign investment in aviation sector         2) National security     3) Pension reform       
4) Rural healthcare reform      5) Nuclear safety        

Ques. : 38   In which city of India a common mobility card named ‘More’ has been launched, which will enable commuters travel in all modes of transportation cashless throughout the city?
1) Bangalore                2) Kolkata                   3) Delhi                       4) Mumbai                   5) Lucknow    

Ques. : 39   Which software company of India has won the biggest ever contract from the Unique Identification Authority of India that runs the ID programme Aadhaar?
1) HCL Technologies  2) Infosys        3) Wipro          4) Tata Consultancy Services              5) Patni Computers    
Ques. : 40   Dokdo is an island which is a disputed territory between which of the following two countries?
1) China and Japan     2) China and Vietnam             3) Japan and South Korea       4) North Korea and Japan
5) China and Philippines        

Ques. : 41   Who among the following has authored ‘Fifty Shades of Grey’, which has recently become Britain largest selling book, outselling ‘The Da Vinci Code’ and Harry Potter series of books?
1) EL James    2) John Freeman                      3) Margaret Atwood   4) Gary Shteyngart     5) Philip Roth              Ans.) 1

Ques. : 42   World’s largest gas reserves are located in which of the following regions of the world?
1) Russia         2) Middle East                        3) Africa          4) Europe        5) Canada        Ans.) 1

Ques. : 43   “Core industries witness lower growth in last few months” – was the news in some major economic newspapers recently. This means the performance of which of the following is NOT taken into accounts for the same?
1) Cement                   2) Steel                        3) Coal                        4) Gems & Jewellery               5) Crude Oil   


Ques. : 44   Which country’s economy is the biggest in the South-East Asia region, which has registered an impressive GDP growth rate of 6.4% in the second quarter of 2012?
1) Malaysia   2) Indonesia                3) Thailand      4) Vietnam                  5) Singapore   

Ques. : 45   Which corporate house of India has bagged the title sponsorship of the Sri Lanka Premiere League (SLPL), which will be played from August 11 to 31 at Colombo and Kandy?
1) Sahara Group    2) Mahindra & Mahindra     3) Reliance      4) Nike        5) Bharati Airtel         

Ques. : 46   India Post has chosen which software company of India as its technology and consulting partner to integrate its delivery of financial products across its network of 1.5 lakh post offices in the country?
1) Wipro          2) HCL Technologies  3) Infosys        4) Tata Consultancy Services  
5) Mahindra Satyam  

Ques. : 47   What is not a mechanism that contributes to the success of micro-credits?
1) Dynamic incentives          2) Peer monitoring                  3) Regular repayment schedules 
4) Collaterals               5) All of the above     

Ques. : 48   Regional Rural Banks (RRBs) are allowed to pay half per cent additional interest on:
1) Savings account      2) Current accounts     3) Time deposits of less than 3 years  
4) Both 1) & 3)             5) None of the above 

Ques. : 49   In which of the following groups the shares of those companies are kept which don’t comply with the stock exchange listing agreement?
1) X Group                  2) Y Group                  3) Z Group      4) O Group                  5) A Group     

Ques. : 50   In context of macroeconomics, Philips Curve is the relationship between the rates of ___________.
1) Unemployment and export & import   2) Unemployment and inflation   3) Unemployment and demand
4) Unemployment and poverty           5) Unemployment and supply


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



3 comments:

  1. great work it was very helpful
    I really like that you are providing information for aspirants who are preparing for latest Current Affairs for Bank PO exam, IAS exam, and other competitive exams
    http://www.wiziq.com/course/3784-current-affairs-questions-and-answers-2012 I found the information helpful and informative. Thanks

    ReplyDelete
  2. Exam is a time period where everyone over this case who put efforts or who give input over it tend to expect the outcome if it fail to bear there arises the stress thus Bfit gives some guidelines
    IBPS Coaching Center In Chennai.


    ReplyDelete
  3. I have been searching to find a comfort or effective procedure to complete this process and I think this is the most suitable way to do it effectively. 2nd Grade Result

    ReplyDelete