IBPS BANKING AWARENESS MCQs

1. SBI commercial & International Bank Limited acquired by ………..?

1) Reserve Bank of India

2) Ministry of Commerce

3) SEBI      

4) State bank of India

5) None

2. RBI ordered that more than what denomination the Demand Drafts should not be issued against Cash, particularly by RRBs?

1) Rs.1000       

2) Rs.10,000  

3) Rs.50,000

4) Rs.1,50,000   

5)None

3. LIC(Life Insurance Corporation of India) made a pact to issue Credit Cards with ?………..

1) HDFC              

2) AXIS Bank

3) Corporation Bank

4) ICICI 

5) Andhra Bank

4. Recently EXIM Bank (Export and Import Bank of India) provided $ 20 million line of credit to………..?

1) Switzerland 

2) Zimbwabe 

3) Swaziland

4) Australia 

5) New Zealand

5. Karnataka State Highway improvement project got $ 315 million from ………..?

1) Asian Development Bank  

2) World Bank

3) IMF 

4) AFD          

 5) ODA

6. Most active segment of the money market in India is………..?

1) Repo rate 

2) Statutory Liquidity Ratio

3) Call money market

4) Certificate of Deposits market

5) Term note market

7. Syndicated loan means ………..?

1) the loan offered to BPL families

2) loan offered to one bank by different states in India

3) loan taken by different borrowers from one bank in the single account

4) loan given by the group of banks to single borrower

5) loans ban by RBI

8. India signed to get Rs. 1600 cr from German Bank to finance world biggest solar power plants in Dhule district of

1) Andhra Pradesh 

2) Karnataka 

3) Mysore

4) Maharastra 

5) Goa

9. $ 200 million will be given to power distribution in Madhya Pradesh by ….

1) World Bank

2) Asian development Bank        

3) AFD

4) International Monetary Fund   

5) IFC

10. $ 648 million to be provided by world bank to construct 444 MW hydro power project in………..

1) Uttarakhand  

2) Uttar Pradesh  

3) Assom

4) Goa              

5) Rajasthan

11. LIBOR (London Inter bank Offered Rate) being  published by………..

1) BSE     

2) Thomson Reuters

3) Washington Post    

4) New York Times

5) London University

12. Till Kharif 2010, how many farmers covered under National Agriculture

Insurance Scheme ………..

1) 20.25 crore   

2) 18.65 crore  

3) 12.4 crore

4) 9.6 crore      

5) 17.14 crore

13. Center for Monitoring Indian Economy estimated 2011-12 fiscal year growth will be…………percent?

1) 5.2 

2) 9.1     

3) 8.1 

4) 10.5 

5) 9.5

14. Rastriya Arogya Nidhi available to………..to get  medical assistance.

1) The inhabitants of poor states

2) The inhabitants of North eastern states

3) BPL families

4) MGNREGA domestic workers only

5) None

15. Dal Bhat Scheme provides a meal for Rs.5 to poor. This is the scheme of………..?

1) Bihar 

2) Tamilnadu

3) Arunachal Pradesh 

4) Jharkhand

5) Assam

16. Which state has idea of bringing the federations of Self Help Groups (SHG)?

1) Karnataka 

2) Maharastra

3) Andhra Pradesh 

4) Tamilnadu

5) Uttar Pradesh

17. The chairman of Parliamentary standing committee on Law and Justice?

1) Murali Manohar Joshi

2) P.C.Chako

3) L.K.Advani

4)Yashwanth Sinha

5) Abhisheik Manu Singhvi

18. On 21 July 2011, for the defence pensioners which scheme launched?

1) Sudha 

2) Suvidha      

3 ) Sugam

4) Saral 

5) Sangam

19. International Atomic Energy Agency was invited by India to visit ……….. Nuclear plant recently?

1) Apsara 

2) Druva

3) Kalpakam 

4) Jaitapur

5) None

20. Kaveri Engine to be used in light combat aircraft ( LAC). This engine to be developed with the aid of………..?

1) France                 

2) USA 

3) UK

4) Germany 

5) Japan

21. Recently India and which country sign memorandum of understanding in the cooperation of Rural Development?

1) Brunai 

2) Laos 

3) Lesotho

4) South Africa 

5) None

22. Who heads the panel to estimate the losses of power distribution companies in 2007-2010?

1) Narla Tatha Rao 

2) Vidhya Sagar

3) V.K.Shunglu 

4) Shantharam

5) Vijay C Kelkar

23. On August 13 , 2011 which multiple missile trail version successful?

1) Agni – II 

2) Pruthvi- I 

3) Nag

4) Akash 

5) Brahmos – III

24. Fifth conference of SAARC speakers and parliamentarians held recently in……….

1) New Delhi 

2) Mumbai      

3) London

4) Dhaka 

5) Male

25. Presently India is the third largest producer of Steel in the world. It becomes the second Largest producer by which year as per the estimate of central government recently?

1) 2013  

2) 2020 

3) 2045 

4) 2050 

5) 2015

26. Sevottam Certificate got by………..?

1) GPO, Mumbai

2) GPO, Rastrapathi Bhavan

3) GPO, Hyderabad

4) Gol Dak Khana, the Newdelhi GPO

5) All of above

27. Bank deposits grow by ………..percent during the March 2011- July 2011?

1) 8 

2) 5.5 

3) 6.1 

4) 7 

5) 9

28. Raise in inflation rate leads to decline in ?………..

1) interest rate

2) raise in the deposits in the banks

3) decrease the real interest rate

4) raise the credit growth by banks

5) None

29. Difference between interest earned and interest paid is called ……….?

1) Gross Interest Income

2) Paid Interest Income

3) Free Interest Income

4) Net Interest Income

5)  All of above

30. Express Remit is the brand name remittance facility of ………..?

1) SBH 

2) Allahabad Bank

3) Repco Bank 

4) UBI 

5) SBI

31. Rs.1000 can be withdrawn from the Point ofSales Terminals ( POS) as per the order of RBI. Which is the first bank to introduce this facility?

1) SBI

2) SBH     

3) Union Bank of India

4) ICICI 

5) HDFC

32. Recently RBI advised the banks to reduce the Net Interest Margin (NIM) come down to see the double digit growth. What is meant by it ………..

1) Banks accept the deposits at high rate of interest and lend at higher rate of interest

2) Banks accept the deposits at high rate of interest and lend at no rate of interest

3) Banks accept the deposits at high rate of interest and lend at lower rate than the present rates

4) Banks accept the deposits at lower rate of interest and lend at higher rate

5) None

33. Interest Corridor includes ………..?

1) Base rate and savings rate

2) Bank rate and Reverse Repo rate

3) Base rate and Repo rate

4) Repo rate and Reverse Repo rate

5) None

34. Asset-Liability mismatch usually happened in………..?

1) Home Loan and Infrastructure Project Financing

2) Education loan and personal loan

3) Personal loan and marriage loan

4) Travel loan and marriage loan

5) Education loan and School Fees

35. First Dedicated Education Loan Company CREDILA is the associate body of………..?

1) HDFC 

2) Andhra Bank

3) United Bank of India 

4) Axis bank

5) SBH

36. Portal-linked service, which enables a dissatisfied customer to SMS ‘unhappy’ to 8008202020, if he is a customer of………..this is the first of its kind in India?

1) SBI 

2) IDBI 

3)HDFC     

4) ICICI

5) Indian bank

37. INFINET is a communication channel for transmission of electronic communication by banks. INFINET stands for………..?

1) Indian Financial Internal Network Electronic Transaction

2) Indian Financial Internal Network

3) Indian National Financial Internal Net Extra Track

4) Indian Financial Network

5) None

38. RBI subsidiary BRBNMPL related statements are given. Pick the incorrect one?

1) Bharatiya Reserve Bank Note Mudran Private Limited was established by RBI

2)  its wholly owned subsidiary of RBI established on 3rd February 1995

3) It is established to handover the functions of RBI to mint currency

4) It is established to bridge the gap between the supply and demand for bank notes in the country.

5) The company manages 2 Presses one at Mysore in Karnataka and the other at Salboni in West Bengal.

39. Rohinton Nariman is the new ………..of India?

1) Election Commissioner

2) Auditor General

3) Solicitor General

4) Army General

5) RBI Governor

40. 110th constitutional amendment bill connected to………..?

1) Reservation of woman local bodies

2) Reservation of SC and ST in the

Assembly elections

3) Jan lokpal Bill 

4) GST council

5) Direct Taxes Code

41. Rs.117.64 Crores released by the Central Government to promote production of………..?

1) Tobacco 

2) Food grains

3) Nutri-cereals 

4) Pulses 

5) Rice

42. Sucheta becomes first Indian woman to cross ………..?

1) Antartica 

2) Arctic Ocean

3) Sahara Desert 

4) Gobi Desert

5) Suez Canal

43. Standard & Poor downgrades USA AAA credit rating to

1) AAA ++ 

2) AAB 

3) BBB

4) AA+ 

5) AB+

44. Which coach became first one to train 100 cricket test matches in the world?

1) Waqar Younus       

 2) Greg Chappel

3) Duncan Fletcher    

 4) David Boon

5) Kapil Dev

45. 2014 FIFA world Cup to be held from 12 June to 13 July in

1) London (Britain) 

2)  Rio ( Brazil)

3) Incheon (South Korea)

4) Washington (USA)       

5) None

46. Who was called the Doctor Death, died recently, helped many people to die, if they are suffering from the dreaded and long time diseases?

1) Dr. Subodh Roy     

2) Kimitachi Penogogi

3)  Dr.Jack Kevorkian 

4) Dr. Shantha Singh

5) None

47. India-South Africa trade to touch $…………billion before 2014?

1) 25 

2) 10     

3) 50    

4) 15      

5) 60

48. Modi cup is related to……….?

1) Cricket 

2) Golf

3) Hockey

4) Tennis

5) Carrom

49. Arasu Cable TV Corporation belongs to the state of ………..?

1) Tamilnadu   

2) Kerala

3) Andhra Pradesh 

4) Puduccherry

5) None

50. Direct Tax do not include ………..?

1) Income Tax 

2) Corporate Duty

3) Service Tax 

4)  Sales Tax

5) Wealth Tax

ANSWERS:

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