• General Knowledge
Back
0

General Knowledge

Description: GK
Number of Questions: 39
Created by:
Tags: GK Banking Awareness General Awareness
Start the Quiz
Attempted 0/38 Correct 0 Score 0
‹
›

Who among the following has never been the Governor of Reserve Bank of India?

  1. Osborne Smith

  2. James Braid Taylor

  3. Montek Singh Ahluwalia

  4. C.D. Deshmukh

  5. D. Subbarao

Show answer
Correct Option: C

Who among the following has authored the book, titled “Saga of Struggle and Sacrifice”?

  1. Manmohan Singh

  2. A.P.J. Abdul Kalam

  3. Hamid Ansari

  4. Pranab Mukherjee

Show answer
Correct Option: D

Which of the following is not correct regarding the JICA President Award?

  1. It is given to an individual.

  2. It is given to an organization.

  3. It is given for making contributions in the field of development.

  4. The 'J' in JICA denotes Jordan.

Show answer
Correct Option: D

In banking, a Pay In Slip

  1. Means a slip through which a person can deposit money in his account

  2. Means a slip through which a person can issue cheque from his account

  3. Is also called a withdrawal slip

  4. Must essentially contain IFSC code

  5. None of these

Show answer
Correct Option: A

Service Tax act/Rules in India has provided exemption to small scale service providers from service tax up to aggregate value of taxable services provided up ___________in a Financial Year.

  1. Rs. 1 lakh

  2. Rs. 2.5 lakhs

  3. Rs. 5 lakhs

  4. Rs. 10 lakhs

  5. None of these

Show answer
Correct Option: D

The Reserve Bank of India reduced which of the following rates by 25 basis' points in October 2012?

  1. Repo rate

  2. Cash Reserve Ratio

  3. Statutory Liquidity Ratio and Repo Rate

  4. Repo Rate and Cash Reserve Ratio

Show answer
Correct Option: B

For which of the following loan documents can floating interest rate be made applicable, which does not have a fixed interest rate during its entire life span?

  1. Loan

  2. A bond

  3. Mortgage funds

  4. Deposits

  5. All of the above

Show answer
Correct Option: E

Which one of the following is correct regarding the Note Issuing Authority of the Reserve Bank of India?

  1. Apart from the government it has the authority / monopoly to issue Currency notes other than one rupee notes/ coins.

  2. One rupee notes/coins and coins of smaller denominations are put into circulation by the Central government.

  3. At present the RBI Issues notes in seven denominations.

  4. The functions of note issue and currency management are discharged by the RBI through its head office in Mumbai.

  5. None of these

Show answer
Correct Option: C

The Securities and Exchange Board of India (SEBI) has introduced a new type of Demat Account called “Basic Services Demat Account [BSDA). Which of the following is one of its features?

  1. Individuals are eligible to have multiple BSDA account across all depositories.

  2. Investors will receive transaction statement on annual base.

  3. Investors can avail at least two delivery instruction slip during account opening.

  4. Investors can avail SMS alert facility for credit transactions.

Show answer
Correct Option: C

In banking, Mobile Banking refers to the performance of which of the following services through a mobile device?

  1. Balance checks

  2. Account transactions

  3. Payments

  4. Credit applications

  5. All of these

Show answer
Correct Option: E

Prime Minister Manmohan Singh effected a reshuffle of his council of ministers in October 2012. Which of the following pairs is not correct with regard to the new Union Cabinet Ministers?

  1. Manmohan Singh: Planning

  2. Salman Khurshid: External Affairs

  3. Kapil Sibal: Communications

  4. Anand Sharma: Information Technology

  5. Ajay Maken: Housing

Show answer
Correct Option: D

Which one of the following can be described as a secondary function of commercial banks in India?

  1. Overdraft facilities

  2. Discounting Bills of Exchange

  3. Mosey at Call

  4. Purchase and Sale of Securities

  5. Remittance of Funds

Show answer
Correct Option: D

Which of the following is not correct regarding SMS Banking?

  1. It is operated through Pull messages.

  2. One-Time password (OTP) is a type of pull message.

  3. Most SMS banking solutions are add-on products.

  4. The lack of encryption on SMS messages is an area of concern.

  5. None of these

Show answer
Correct Option: B

Which of the following statements is not correct regarding cheque in banking?

  1. It is a type of bill of exchange.

  2. It is a non-negotiable instrument.

  3. There are four main items on cheque.

  4. Parties to regular cheques generally include a drawer and a payee.

  5. Cheques have been in decline for some years, both for point of sale transactions and for third payments.

Show answer
Correct Option: B

Who among the following has authored the famous novel, titled 'Joseph Anton'?

  1. Jeet Thayil

  2. Salman Rushdie

  3. Shobha De

  4. V.S. Naipaul

Show answer
Correct Option: B

Which among the following subsidiaries of the State Bank of India, which were nationalized in 1960, has now been merged with SBI?

  1. State Bank of Bikaner and Jaipur

  2. State Bank of Hyderabad

  3. State Bank of Patiala

  4. State Bank of Saurashtra

  5. State Bank of Travancore

Show answer
Correct Option: D

Which of the following does not aptly describe Demat Account in India?

  1. It refers to a dematerialized account for individual Indian citizens to trade in listed stocks or debentures in paper form.

  2. It is required for investors by the Securities and Exchange Board of India (SEB).

  3. In a Demat account, shares and securities are held electronically.

  4. This account is opened by the investor while registering with an investment broker (or sub-broker).

  5. Access to the Demat account requires an internet password and a transaction password.

Show answer
Correct Option: A

Which of the following is not one of the major charges usually levied on a Demat account?

  1. Account opening fee

  2. Annual maintenance fee

  3. Annual fee for spot conversions of one currency into another

  4. Custodian fee

  5. Transaction fee

Show answer
Correct Option: C

The balance sheet of a bank comprises of two sides; the assets side and the liabilities side. Which one of the following items comes under the side of 'Assets'?

  1. Subscribed capital

  2. Acceptance and endorsements

  3. Money at call and short notice

  4. Bills for collection

Show answer
Correct Option: C

Which of the following are the essential facilities/benefits provided by a Demat account to an individual to trade the securities in the stock market?

  1. It reduces brokerage charges.

  2. It makes pledging/hypothecation of shares easier.

  3. It enables quick ownership of securities on settlement resulting in increased liquidity.

  4. It avoids confusion in the ownership title of securities.

  5. All of these

Show answer
Correct Option: E

The first ever India Biodiversity Awards were presented in October 2012. In which of following categories were these awards not given?

  1. Community Stewardship

  2. Decentralized Governance

  3. Environmental sensitization

  4. Co-management

  5. Protected Area

Show answer
Correct Option: C

A unique function of the bank is to create credit. Which of the following factors do not determine the credit creation power of banks?

  1. Amount of Cash Reserve in the Country

  2. Cash Reserve Ratio

  3. Special Drawing Rights

  4. Monetary Policy of the Central Bank

  5. Willingness of Customers to Borrow

Show answer
Correct Option: C

In the reshuffle of Union Council of Ministers, undertaken by Prime Minister Manmohan Singh in October 2012, who among the following was a Cabinet Minister (excluding Ministers of State and Ministers of State with Independent Charge)?

  1. Pawan Kumar Bansal

  2. Shashi Tharoor

  3. Jyotiraditya Madhavrao Scindia

  4. Sachin Pilot

  5. Chiranjeevi

Show answer
Correct Option: A

Which of the following is a type of indirect security?

  1. Mutual Funds

  2. Ordinary Shares

  3. Debentures

  4. Preference shares

  5. Innovative Debt Instruments

Show answer
Correct Option: A

Which of the following Central Armed Police Forces of India has recently celebrated its golden jubilee?

  1. Sashastra Seema Bal (SSB)

  2. Border Security Force (BSF)

  3. Central Reserve Police Force (CRPF)

  4. Indo Tibetan Border Police (ITBP)

  5. Central Industrial Security Force (ClSF)

Show answer
Correct Option: D

Which of the following is incorrect about demand draft?

  1. It is the type of cheque.

  2. It is the medium of account clearance.

  3. In the case of demand draft, the bank is the drawer.

  4. The principles of cheque clearance do not apply to demand draft.

  5. None of these

Show answer
Correct Option: D

India had taken a pledge towards strengthening the institutional mechanism for biodiversity conservation in the country with a sum of $10 million announced by former Prime Minister Manmohan Singh in this regard. The name of this pledge is

  1. Rio Pledge

  2. Doha Pledge

  3. Hyderabad Pledge

  4. Delhi Pledge

  5. Kyoto Pledge

Show answer
Correct Option: C

Which of the following is not a technique/tool/instrument of money/credit control by the Reserve Bank of India?

  1. Open Market Operations

  2. Bank Rate

  3. Liquidity Adjustment Facility

  4. Refinance

  5. Monopoly to issue currency note

Show answer
Correct Option: E

With which of the following games is the Ryder Cup associated?

  1. Golf

  2. Tennis

  3. Baseball

  4. Basketball

  5. Ice hockey

Show answer
Correct Option: A

The cheque was first introduced in India by which of the following banks?

  1. Bank of Hindustan

  2. State Bank of India

  3. Bank of India

  4. Punjab National Bank

  5. None of these

Show answer
Correct Option: A

Which one of the following banks was nationalized in the second wave of nationalization in 1980?

  1. Central Bank of India

  2. Bank of India

  3. Syndicate Bank

  4. Corporation Bank

  5. Bank of Maharashtra

Show answer
Correct Option: D

Which of the following is a quantitative credit control policy of the Reserve Bank of India?

  1. Margin requirements

  2. Moral Suasion

  3. Bank rate

  4. RBI guidelines

  5. Direct action

Show answer
Correct Option: C

United Nations secretary general Ban Ki Moon -has announced that every year 10 November will be celebrated as

  1. Malala Day

  2. Earth-Day

  3. Development Day

  4. Wilmut Day

  5. Jobs Day

Show answer
Correct Option: A

Who among the following is a Deputy Governor of the Reserve Bank of India?

  1. Abhijit Sen

  2. Mihir Shah

  3. K Kasturirangan

  4. H.R. Khan

  5. Arun Maira

Show answer
Correct Option: D

What is the term for inflation when the general price level increases at the rate of about 5-6 per cent per annum?

  1. Creeping inflation

  2. Walking inflation

  3. Running inflation

  4. Hyper inflation

  5. Galloping inflation

Show answer
Correct Option: B

Which of the following cannot be termed as non-traditional' functions of a commercial bank in India?

  1. ATM facility

  2. Issuing credit cards

  3. Venture capital financing

  4. Creating deposits

Show answer
Correct Option: D

Which Union Budget first announced the introduction of the Goods and Services Tax (GST) from April 1, 2010?

  1. Budget 2002-03

  2. Budget 2005-07

  3. Budget 2007-08

  4. Budget 2009-10

  5. None of these

Show answer
Correct Option: C

The National Capital Region (NCR) in India is a name for the conurbation or metropolitan area which encompasses the Delhi as well as urban areas around it in neighbouring states. Which of the following is not that neighbouring state?

  1. Punjab

  2. Rajasthan

  3. Uttarakhand

  4. Uttar Pradesh

  5. None of these

Show answer
Correct Option: A
- Hide questions
ADVERTISEMENT

Find more quizzes from top tags

general knowledge
3615 Quizzes
119858 Questions
 technology
307 Quizzes
36705 Questions
 sports
963 Quizzes
19148 Questions
 history
1187 Quizzes
13475 Questions
 physics
598 Quizzes
13441 Questions
 biology
1160 Quizzes
12174 Questions
 science & technology
551 Quizzes
11015 Questions
 chemistry
490 Quizzes
9892 Questions
 maths
518 Quizzes
9324 Questions
 softskills
0 Quizzes
7131 Questions