Genaral Awareness

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net
BANK EXAMS
GENERAL AWARENESS
1.
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On 1st June 2016, Union Cabinet cleared a proposal to set up an India post payments bank as a public
in the bank, which will have an outlay of .........

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limited company under the Department of Posts. The Union government will own 100 percent equity
1) Rs.1000 crore
5) Rs.800 crore
2) Rs.100 crore 3) Rs.500 crore
h a4) Rs.10 crore
2.
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Payments bank will serve as a wider platform to implement financial inclusion programmes. India
at
Post's payments bank will start functioning from ........
1) March 2017 2) March 2018 3) March 2019 4) March 2020
5) March 2025
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3.
1) Microsoft 2) Infosys u
India Post appointed ......... as consultant to establish payments bank.
d 3) SBI 4) Deloitte
5) Dell
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4.
1) Qatar
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The Islamic Development Bank (IDB) head office located in ..........
e 2) Iran 3) Iraq 4) Afghanistan
5.
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5) Saudi Arabia
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To prevent cases of ATM / debit and credit cards being cloned or skimmed, RBI has mandated that
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banks completely do away with ATMs accepting cards with magnetic stripes by .........
1) 30th September 2016 2) 30th June 2016
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3) 31st July 2017 4) 1st January 2017
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6.
5) 30th September 2017
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Copying the information contained in a debit or credit card's magnetic stripe for unauthorised use is
called as .........
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1) Near Future Technology
3) Skimming
p r 2) Card Notes
4) Processing
5) Normal See Through
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7.
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Securities and Exchange Board of India (SEBI) tightened norms for P-notes or PNs as part of its
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efforts to curb money laundering. In this context, P-note or PN stands for ..........
1) Priority Note 2) Primary Note
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3) Point Note 4) Participatory note
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5) Pin Note
8.
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An instrument issued by registered Foreign Institutional Investors (FII) to overseas investors, who wish
to invest in the Indian stock markets without registering themselves with the market regulator SEBI is
called as ..........
1) Participatory note 2) Bill of Exchange
3) Foreign Portfolio Non-Investment 4) Garnishee Order
5) Certificate of Deposit
R-9-6-16
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9. HDFC bank launched Smart Up, a first-of-its-kind dedicated solution for start-ups in Kolkata in
association with NASSCOM (National Association of Software and Services Companies) on
6th April 2016. Who is the new chairman of NASSCOM?
1) Sunil Kanoria
3) C.P. Gurnani
2) Harsha Vardhan Neotia
4) Sumit Mazumder
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5) Ananth Geethe
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10.
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Which bank launched country's first contactless business credit card for SMEs (Small and Mid-sized
Enterprises) and their employees on 12th May 2016?
1) SBI
5) Indian Overseas Bank
2) HDFC 3) ICICI
i bh 4) Axis Bank
11.
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......... launched Electronic Maintenance Management System (e-MMS) Project, an automated military
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maintenance system, one of the largest Maintenance Repair Overhaul (MRO) IT implementation in the
world on 12th May 2016.
1) Indian Army
5) CBI
d up
2) Indian Air force 3) BSF 4) CRPF
12.
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RBI issues the new banknotes of Rs.1,000 denomination soon. Which among the following statement
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is wrong related in this context?
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1) It will have inset letter 'R' in both the number panels.
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2) It will have ascending size of numerals.
3) Bleed lines taken away as it is old fashion.
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4) Enlarged identification mark will be there.
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13.
5) It will also have the year of printing '2016' printed on the reverse.
Rs.1,000 currency note bear the signature of ........
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1) Prime Minister of India
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2) President of India
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3) RBI Governor
5) Union Minister of Commerce and Trade
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4) Finance Secretary
14.
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ICICI Bank inked MoU with New Development Bank (NDB) for a partnership in bond issuances,
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co-financing, treasury management and human resource. Who is the president of NDB?
1) Dinesh Sharma
3) Vladimir Kazbekov
a du 2) Xian Zhu
4) K.V. Kamath
5) Lou Jiwei
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15.
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National Bank for Agriculture and Rural Development (NABARD) entered into collaboration with
.
which nation for a special programme on 'Soil Protection and Rehabilitation for Food Security'?
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1) USA 2) UK 3) Japan 4) Germany
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5) France
Who is the present chairman of NABARD?
1) R.S. Sharma 2) Devender Kumar Sikri
3) Harsh Kumar Bhanwala 4) Raghuram Rajan
5) Hemant C.Contractor
17. An Indian Economist working as the Chief Economist and Senior Vice-president of World Bank.
He is .........
1) Kaushik Basu 2) Subhir Gokarn
3) Raghuram Rajan
5) H.R. Khan
4) Shyamala Gopinath
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18.
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Which committee submitted its report for the evolution of New Education Policy (NEP)?
1) B.B. Tandon
3) TSR Subramanian
2) Madhukar Guptha
4) Ashok Dalwai
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5) Mahesh Kumar Singla
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19.
by .........
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Union Government on 20th May 2016 constituted a committee of experts on defence spending headed
1) Lt Gen DB Shekatkar
r 2) Prakash Singh
3) Ashok Lahiri
5) Justice R.M. Lodha
d up 4) Ajay Shankar
20.
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Narendra Modi jointly inaugurated the Afghan-India Friendship Dam (Salma Dam) with President of
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Afghanistan Dr.Ashraf Ghani at Chist-e-Sharif in Herat province in Western Afghanistan on
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4th June 2016. The capital and currency of Afghanistan are ..........
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1) Kabul and Rupee 2) Islamabad and Afghani
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3) Multan and Afghani 4) Kabul and Afghani
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5) Tehran and Rial
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Union Ministry of Human Resource Development (HRD) will launch a student tracking system by
name ............
1) ASMITA 2) NEET 3) ATTEND
h a 4) GRADE
5) RANK
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22.
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Union Ministry of Human Resource Development launched which multilingual knowledge portal the
first knowledge portal of its kind in India?
a
1) www.bharatvani.in
p r 2) www.saraswati.in
3) www.vidyadevi.in
5) www.jaibharatvani.in
d u 4) www.gurusishya.in
23.
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on 27th May 2016? a
Which Union Territory became first to sign '24 × 7 Power for All' as declared by government of India
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1) Andaman and Nicobar Islands
3) Lakshadweep
2) Dadra and Nagar Haveli
4) Chandigarh
24. ww
5) Puducherry
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Who was appointed by the President as the Lieutenant Governor (LG) of Puducherry?
1) Vijay Kumar 2) Vajubhai Rudabhai Vala
3) Kiran Bedi 4) N.N.Vohra
5) Kalyan Singh
25. Who of the following was sworn-in as the Chief Minister of Kerala?
1) VS Achuthanandan 2) Kodiyeri Balakrishnan
3) Pinarayi Vijayan 4) Sadasivam
5) Mubeena Jes
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26. United Nations World Humanitarian Summit between 23rd - 24th May 2016 held at .........
1) Istanbul 2) Tokyo 3) Beijing
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4) Geneva
5) New York
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27. 2016 Millennium Technology Prize conferred on .........
1) Robert Buch
i b
2) Frances Arnold
3) Kethy Shome
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4) Peter Smith Owl
28.
5) Francis Kole
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An Indian-American student won the one of Intel Foundation Young Scientist Awards for developing
1) Syamantak Payra
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a low-cost electronically aided knee brace. He is .........
2) Syam Arora
3) Priyaka Praduma
n a 4) Rajashekar Pole
29.
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5) Prabhu Syamantak
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Red Line campaign in the news related to ..........
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1) Global Warming 2) More dose of Lead in the eatables
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3) Misuse of antibiotics
5) Killing of animals
4) Pollution in the cities
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30.
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Which Tiger Reserve received the India Biodiversity Award 2016 in Mumbai on 22nd May 2016?
1) Parambikulam Tiger Reserve (Kerala)
2) Dudhwa Tiger Reserve (Uttar Pradesh)
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3) Pakke Tiger Reserve (Arunachal Pradesh)
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4) Kanha Tiger Reserve (Madhya Pradesh)
5) Mudumalai Tiger Reserve (Tamilnadu)
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31.
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What was the theme of the 2016 International Day for Biological Diversity, which is observed
annually on 22nd May?
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a
1) Biodiversity is Your Life and Theme : Got It!
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2) Biodiversity and You for Sustainable Development
3) Mainstreaming Biodiversity : Sustaining People and their Livelihoods
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4) Biodiversity for the Development of Humanity
5) This one and That one not possible
32.
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List of Tiger Reserves in India given. The wrong combination is .........
1) Bandepur - Karnataka 2) Manas - Manipur
3) Rajaji - Uttarakhand 4) Kawal - Telangana
5) Orang - Assam
33. Bed Bahadur Sunuwar won the world's highest marathon on Mount Everest on 30th May 2016.
He belongs to ..........
1) India 2) Nepal
3) Bhutan
5) Vietnam
4) China
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34.
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Which Indian woman author won Asian Book Award for her manuscript 'Codex: The Lost Treasure Of
The Indus'?
1) Anita Desai
h
2) Arundhati Roy a
3) Aditi Krishnakumar
b
4) Amrita Pritam
i
35.
5) Jhumpa Lahiri
a t
2016 Thomas Cup badminton tournament winner is ..........
1) Indonesia
r 2) Denmark
3) Korea
5) China
d up 4) Malaysia
36.
a
Which football club won the Federation Cup defeated Aizawl FC?
1) Churchill Brothers
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3) Mohun Bagan en 2) East Bengal
4) Dempo SC
37.
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5) Mahindra United
New BCCI President is ..........
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1) N.Srinivasan 2) Sanjay Bangra
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3) Shashank Manohar
5) Ravi Shastri
4) Anurag Thakur
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38.
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On 26th May 2016, who was appointed as the head coach of Indian Cricket team for Zimbabwe tour?
1) Sunil Gavaskar
3) Sourav Ganguly
a t
2) Kapil Dev
4) Rahul Dravid
5) Sanjay Bangar
p r
39.
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BEAM is the first experimental inflatable room attached to the International Space Station that was
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successfully deployed by NASA. BEAM stands for .........
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1) Bungalow Expandable Activity Module
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2) Bigelow Expandable Activity Module
3) Bigelow Extend Activity Module
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4) Born Expandable Activity Module
5) Bigelow Expandable Air Module
40.
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2016 European Champions League winner is ..........
1) Atletico Madrid 2) Real Madrid
3) Barcelona 4) Manchester United
5) Chelsea
41. What is the theme of World Hypertension Day (WHD) 2016?
1) Heart and pulse
2) Take care of your Heart with BP!
3) Know your numbers
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4) Pulse and Money
5) You and Pulse
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ANSWERS
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1-5; 2-1; 3-4; 4-5; 5-5; 6-3; 7-4; 8-1; 9-3; 10-3; 11-2; 12-3; 13-3; 14-4; 15-4; 16-3; 17-1; 18-3; 19-1; 20-4;
21-1; 22-1; 23-3; 24-3; 25-3; 26-1; 27-2; 28-1; 29-3; 30-3; 31-3; 32-2; 33-2; 34-3; 35-2; 36-3; 37-4; 38-5;
39-2; 40-2; 41-3.
a t
p r Writer: A.Veeraswamy
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BANK EXAMS
GENERAL AWARENESS
Functions of RBI
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Functions, C) Supervisory Functions
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Functions of RBI are divided under three Major heads. A) Traditional Functions, B) Promotional
A. Traditional Functions include:

1) Issue of Currency Notes
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2) Banker to the government
3) Banker's bank and Lender of the last resort
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4) Controller of Credit by Deceleration of Monetary Policy
5) Custodian of Foreign Exchange Reserves
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6) Custodian of Cash Reserves of Commercial Banksr
B. Promotional Functions include:
1) Development of Financial System
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2) Development of Agriculture
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3) Provision of Small scale Industrial Finance
4) Promotion of Export through Refinance
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5) Provisions of Training
6) Collection of Data and Publication of Reports
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C. w7) Promotion of Banking Habits
Supervisory Functions include:
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1) Granting license to banks and renewal of licenses
2) Bank Inspections
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3) Control over NBFIs
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4) Implementation of the Deposit Insurance Scheme
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5) Central clearing house of payment and settlement systems
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Traditional Functions
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Issue of Currency Notes: RBI has the sole right to issue currency notes. RBI has the sole right to issue bank
notes of Rs.2 and above denominations. However one rupee notes and coins issue by the government of India.
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Banker to Government: RBI acts as banker to government. The Governments receive and disburse large
sums of money every day. The receipts of government include mainly taxes, duties and other charges. If these
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large amounts of transactions are left unregulated and uncoordinated, that may cause instability in the money
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market. Thus, the central bank acts as the custodian of the Government funds.
★
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RBI also assists the Government in floating loan and management of public debt, i.e. the debt which
the Government owes to the public. It also acts as an agent of Central Government and of all State
★
wGovernments in India. The Central Bank has the obligation to transact Government business.
RBI also provides funds to the Government to meet the short-term financial needs by issue of treasury
bills. It also provide 'ways and means' advances to the Government. These 'ways and means' advances
are normally taken by the State Governments and are wiped out as and when Government receipts are
deposited in the accounts with it. The Central Government can raise funds by issuing securities to the
Reserve Bank.
R-11-4-15
Bankers' Bank and Lender of the Last Resort: RBI is also called the bankers' bank. It not only keeps
deposits of the commercial banks but also lends them in emergencies and for this purpose so it is called the
lender of the last resort. The RBI refinances and rediscounts the bills of exchange, promissory notes and other
eligible commercial papers to the scheduled commercial banks as per Section17 of the Reserve Bank of India
Act, 1934. The RBI also provides refinance to the scheduled commercial banks for increasing their
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involvement in the lending to the priority sectors. In order to encourage the co-operative banks, the RBI
they approach the RBI for assistance.

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provides loan in subsidized interest. In any case if the commercial banks require liquidity at a point of time,
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Controller of Credit by Deceleration of Monetary Policy: RBI is the controller of credit of the economy.
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It influences the volume of credit created by commercial banks in India. It can do so through monetary
policy, the bank rate, statutory reserve ratio, and cash reserve ratio or through open market operations.
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Traditionally, it has power to increase or decrease the deposit of the scheduled commercial banks required to
be deposited with it in order to control the credit creation capacity of banks.
★
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When the RBI increase the limit of deposits required making with it, this reduces the liquidity with the
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banking system resulting in contraction of credit. On the other hand, when the RBI decrease the limit,
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banks enjoys more liquid cash with the system and result in credit expansion in the economy.
According to the Banking Regulation Act, 1949, the Reserve Bank of India can ask any particular bank
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or the whole banking system not to lend to particular groups or persons on the basis of certain types of
securities. Since 1956, selective methods of credit control are increasingly being used by the Reserve
Bank.
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Custodian of Foreign Exchange Reserves: RBI is the custodian of the foreign exchange reserve of the
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country and has the responsibility to maintain the official rate of exchange. Its vital function is to maintain
the external value of the rupee. By regulating and controlling the foreign exchange transactions, it can
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satisfy this function.
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Exchange control means exercise of control over the foreign exchange earnings and disbursement of a
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country. The Foreign Exchange Management Act (FEMA) empowers the RBI to issue direction for the
administration of exchange control. For this purpose the RBI has set up separate department called
Foreign Exchange Control department.
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Custodian of Cash Reserves of Commercial Banks: In India or in the world the Commercial banks feel
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convenient to keep their reserve requirements with the central bank because its notes command the greatest
confidence and prestige and the government's banking transactions are conducted by this institution. In fact,
centralized cash reserves.

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the establishment of central banks makes it possible for the banking system to secure the advantages of
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The significance of Centralized Cash Reserves (CCR) lies in the following facts:
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(a) Centralization of cash reserves in the central bank is a source of great strength to the banking
system of the country as it inspires the confidence of the public in the commercial banks.
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(b) Centralized cash reserves can form the basis of a much longer and more elastic credit structure than
those scattered among numerous individual commercial banks.
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Model Questions
1. Which of the following is not the major function of RBI?
w1) Granting Licensing

2) Declaration of Monetary Policy
3) Design of Debit Cards issued by banks
4) Maintaining Cash Reserves of Banks
5) Issue of Currency Notes
2. Which of the following functions are not being performed by the Reserve Bank of India?
1) Regulation of banks in India
2) Foreign currency management in India
3) Regulation of foreign direct investment in India
4) Control and supervision of money supply
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3.
5) None of the above
When RBI is the lender of the last resort, it means?
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1) Commercial banks give fund to RBI
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2) RBI provide money to people in the case of urgency
3) RBI advances necessary credit
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4) It provides the help to foreign nations
5) All of above
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4.
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Which act has given control and supervision powers to RBI over commercial banks?
1) Banking Regulation Act, 1949
2) RBI Act, 1934
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3) Both Banking Regulation Act, 1949 and RBI Act, 1934
4) Negotiable Instruments Act, 1881
5.
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5) Consumer Protection Act, 1986
Which section of the Reserve Bank of India Act 1934 authorizes to issue paper currency Rs.2 and
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above?
1) Section 20(1) 2) Section 27(1)
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3) Section 22(1) 4) Section 12(1)
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6.
5) None
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Which among the following is main function of Foreign Exchange Control department?
1) Granting licenses to the authorized dealers
2) Granting licenses to the money changers
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3) Ascertain the foreign exchange reserve position on continuous basis
5) All of above
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4) Fixing the rates of foreign currencies against rupee currency
7.
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To assist RBI and government to allocate credit, National Credit Council was set up in which year?
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(It discusses and assesses credit priorities on an all India basis.)
1) 1981
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2) 1947 3) 1999 4) 2012
8.
5) 1967
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Lead Bank Scheme introduced on the recommendations of which committee report in 1969 on the
.
organizational framework for implementation of the social objectives?
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1) C.Rangrajan
3) T.K.A.Nair study group
5) None
2) D.R.Gadgil study group
4) Manmohan Singh
9. To assist rehabilitation of sick industrial units or rehabilitation of units, Industrial Reconstruction

Corporation of India (IRCI) was established in ........
1) 1948 2) 1975 3) 1991 4) 1982
5) 1971
10. In order to promote the interest of the depositors, RBI set up Deposit Insurance and Credit Guarantee
Corporation as a subsidiary came into existence in ........
1) 1975 2) 1999 3) 2000 4) 1978
11.
5) None
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National Clearing Cell (NCC) set up by RBI to introduce mechanized cheque processing and the
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1) 1999 2) 2001 3) 1984 n
national clearing of cheques in which year in order to promote the electronic banking?
.
4) 1983
12.
5) 2000
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Which of the following function is not a Regulatory and Supervisory function of RBI?
1) Powers to regulate the business of banking
2) Power to conduct audit of the bank
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3) Minting of currency notes
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5) Power to impose penalty
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4) Power to collect and furnish credit information
13.
1) SBI 2) SIDBI u
Which bank acts as Government's banker, agent and adviser?
d 3) RBI 4) NABARD
14.
5) None
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Some specific Acts help RBI to discharge its functions. Which one of the following is not one among
them?
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1) Public Debt Act, 1944
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2) Securities Contract (Regulation) Act, 1956
3) Indian Coinage Act, 2011
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4) Foreign Exchange Regulation Act, 1973 and Foreign Exchange Management Act, 1999
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15.
5) All of above
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The list of Acts governing Banking operations given. The correct one is?
a
1) Companies Act, 1956 and 2013
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2) Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970 / 1980
3) Negotiable Instruments Act, 1881
4) Payment and Settlement Systems Act, 2007
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5) All of above
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d u ANSWERS
1-3; 2-3; 3-3; 4-3; 5-3; 6-5; 7-5; 8-2; 9-5; 10-4; 11-4; 12-3; 13-3; 14-5; 15-5.
n a Writer: A. Veeraswamy
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BANK EXAMS
GENERAL AWARENESS
RBI and Issuing of Currency
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RBI has the sole right to issue currency notes. However one rupee notes and coins are issued by the
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government of India. So that RBI issue major currency in India. RBI issue notes of different denominations
as decided by the Central Government, based on the recommendations made by the Central Board of the bank
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from time to time. Such notes should be legal tender at any place in India.
I n the Paper Currency presently there are 8 denominations issuing by RBI ranging from Rs.2 to Rs.1000.
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RBI handles the currency management through its Department of Currency Management in Mumbai. The
Reserve Bank currency management is handled through two department's viz., the Issue Department and the
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Banking Department. Bank notes in the Mahatma Gandhi Series introduced in 1996.
If the major currency is issued by single Central bank, it will have the following advantages:
1)
2)
It brings uniformity in notes issue
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It makes possible effective state supervision
3)
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It is easier to control and regulate credit in accordance with the requirements in the economy
4)
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It keeps faith of the public in the paper currency.
Security Features on Indian Bank notes:
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Water Mark: Mahatma Gandhi Series of bank notes contain the Mahatma Gandhi watermark with a light
and shade effect and multi-directional lines in the watermark window.
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Latent Image: On the obverse side of Rs.1000, Rs.500, Rs.100, Rs.50 and Rs.20 notes, a vertical band on
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the right side of the Mahatma Gandhi's portrait contains a latent image showing the respective denominational
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value in numeral. The latent image is visible only when the note is held horizontally at eye level.
Microlettering: This feature appears between the vertical band and Mahatma Gandhi portrait. It contains the
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word 'RBI' in Rs.5 and Rs.10. The notes of Rs.20 and above also contain the denominational value of the
notes in micro letters. This feature can be seen better under a magnifying glass.
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Intaglio Printing: The portrait of Mahatma Gandhi, the Reserve Bank seal, guarantee and promise clause,
Ashoka Pillar Emblem on the left, RBI Governor's signature are printed in intaglio i.e., in raised prints, which
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can be felt by touch, in Rs.20, Rs.50, Rs.100, Rs.500 and Rs.1000 notes.
Identification Mark: A special feature in intaglio has been introduced on the left of the watermark window
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on all notes except Rs.10/- note. This feature is in different shapes for various denominations (Rs. 20 - Vertical
Rectangle, Rs.50 - Square, Rs.100 - Triangle, Rs.500 - Circle, Rs.1000 - Diamond) and helps the visually
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impaired to identify the denomination.
Fluorescence: Number panels of the notes are printed in fluorescent ink. The notes also have optical fibres.
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Both can be seen when the notes are exposed to ultra-violet lamp.
Optically Variable Ink: This is a new security feature incorporated in the Rs.1000 and Rs.500 notes with
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revised colour scheme introduced in November 2000. The numeral 1000 and 500 on the obverse of Rs.1000
and Rs.500 notes respectively is printed in optically variable ink viz., a colour-shifting ink. The colour of the
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numeral 1000/500 appears green when the note is held flat but would change to blue when the note is held at
an angle.
See through Register: The small floral design printed both on the front (hollow) and back (filled up) of the
note in the middle of the vertical band next to the Watermark has an accurate back to back registration. The
design will appear as one floral design when seen against the light.
Security thread: Present Rs.1000 notes introduced in October 2000 contain a readable, windowed security
R-18-4-15
thread alternately visible on the obverse with the inscriptions 'Bharat' (in Hindi), '1000' and 'RBI', but totally
embedded on the reverse. The Rs.500 and Rs.100 notes have a security thread with similar visible features
and inscription 'Bharat' (in Hindi), and 'RBI'.
★ When held against the light, the security thread on Rs.1000, Rs.500 and Rs.100 can be seen as one
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continuous line. The Rs.5, Rs.10, Rs.20 and Rs.50 notes contain a readable, fully embedded windowed
security thread with the inscription 'Bharat' (in Hindi), and 'RBI'. The security thread appears to the left
plain, non-readable fully embedded security thread.

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of the Mahatma's portrait. Notes issued prior to the introduction of the Mahatma Gandhi Series have a
★
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To enhance operational efficiency and cost effectiveness in banknote printing, non-sequential
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numbering was introduced in 2011 consistent with international best practices. Packets of bank notes
MODEL QUESTIONS
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in non-sequential number will have 100 notes which are not sequentially numbered.
1.
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Which Agency in India is called the 'Issuer of Currency'?
1) SBI
3) RBI
p r 2) Ministry of Finance
4) IDBI
2.
5) Prime minister
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Regarding the Indian Currency issue by RBI, statements given. Pick the incorrect one.
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1) It issues Rs.2 and above Paper Currency till Rs.1000 paper currency now
2) It was given power to issue the paper currency denomination up to Rs.10,000
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3) It issue Rs.1 also
.
4) Coins mint by Government of India
3.
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5) It acts as the government's agent for issue and distribution of coins
Who put the signature on the paper currency having denomination of Rs.2 and more?
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w1) Finance minister 2) Finance Secretary
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3) RBI governor
5) None
4) Prime Minister
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4. ......... puts signature on one rupee paper currency?
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2) RBI governor
3) President
5) Finance Minister
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4) Prime Minister
5.
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Nasik and Dewas security presses supply white paper, are owned by Security Printing and Minting
p
Corporation of India (SPMCIL), a wholly owned company of .......
1) RBI
d u 2) SBI
3) State Governments
5) None
n a 4) Union Government
6.
.e e
Mysore and Salboni Security presses are owned by.......established on 3rd Feb 1995?
1) Security Printing and Minting Corporation of India (SPMCIL)
2) National Bank for Agriculture and Rural Development (NABARD)
w ww
3) Bharatiya Reserve Bank Note Mudran Private Limited (BRBNMPL)
4) National Rural Bank of India( NRBI)
5) None
7. Indian Security presses import ink from.....to mint paper currency?
1) UK 2) Saudi Arabia
3) Australia 4) Switzerland
5) Italy
8. Who has authority to impound Counterfeit Notes?
1) All branches of Public Sector Banks and All branches of Private sector Banks and Foreign Banks
2) All branches of Co-operative Banks & Regional Rural Banks
3) All Treasuries and Sub-Treasuries
4) Issue Offices of Reserve Bank of India
e t
9.
5) All of above
The date for exchanging the pre-2005 banknotes extended to......?
. n
1) 1st June 2015 2) 1st Jan 2016
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3) 30th Apr 2015
5) 30th June 2015 b
4) 30th June 2016
i
10. Indian Currency abbreviated form .....?
1) IN 2) INNR
a t
3) IRN 4) INR
5) IRN
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11.
1) Faineance Minister
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In the paper currency above Rs.2 denomination 'I Promise to Pay' clause signed by...?
3) RBI Deputy governor
5) None
n a 4) RBI governor
12.
.e e
If a bank note become dirty due to usage and also includes a two piece note pasted together wherein
both the pieces presented belong to the same note, and form the entire note, it is called.......
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1) counterfeit note
3) rough note
2) fake note
4) soiled note
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13. w
5) None
Soiled banknotes are exchanged for.....
. n
1) total value 2) nil value 3) half value
h a 4) full value
14.
5) None
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If a bank note not possess the characteristics of genuine Indian currency notes is called.....
1) forged note
3) fake note
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) counterfeit note
4) all of above
5) None
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15.
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The RBI based on the demand requirement indicates the volume and value of bank notes to be printed
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each year to the Government of India which get finalized after mutual consultation. The quantum of
n
1) demand for banknotes
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banknotes to be printed, broadly depends on the......
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2) GDP growth
3) replacement of soiled banknotes
.
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4) reserve stock requirements
5) All of above
16.
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The Issue Department is responsible for the issue of notes as per demand made by Banking Department
of R.B.I. From 1939 to 1956 it followed Proportional Reserve System. It means....?
1) R.B.I was required to hold 50% worth of assets in the form of Gold / foreign securities against issue
of currency. However the worth of gold must not be below than Rs. 50 Crores.
of currency. However the worth of gold must not be below than Rs. 60 Crores.
of currency. However the worth of gold must not be below than Rs.45 Crores.
e t
ANSWERS
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1-3; 2-3; 3-3; 4-1; 5-4; 6-3; 7-4; 8-5; 9-5; 10-4; 11-4; 12-4; 13-4; 14-4; 15-5; 16-5.
i bh Writer: A. Veeraswamy
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BANK EXAMS
GENERAL AWARENESS
Promotional Functions of RBI
e t
. n
Development of the Financial System: The financial system comprises the financial institutions, financial
markets and financial instruments. The sound and efficient financial system is a precondition of the rapid
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economic development of the nation. The RBI has encouraged establishment of main banking and
non-banking institutions to cater to the credit requirements of diverse sectors of the economy.
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Development of Agriculture: Agriculture is the back bone of Indian Economy. Even today at least half of
the Indian population depends on Agriculture. Banks accept deposits from the public, but may divert funds to
a t
earn more and more profits offering higher interest rates to public. RBI made it mandatory to lend at least
18% of total loans to Agriculture. It does regular auditing of the banks accounts. RBI time to time gives
subvention on the rate of interest to farmers' loans.
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Promotion of Small Scale Industries Finance: In order to boost the Micro, Small scale and Medium
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Enterprises, RBI formulated many policies and programmes. The Prime Minister's Task Force on MSME
headed by T.K.A. Nair has advised banks to achieve a 20 percent year-on-year growth in credit to micro and
lending to MSME.
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small enterprises, a 10 percent annual growth in the number of micro enterprise accounts and 60% of total
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Promotion of Export through Refinance: Export credit refinancing is a scheme started by RBI to promote
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exports. By promoting exports RBI helps to bring more foreign currency for the country, in turn decreasing
.
current account deficit and decreasing rupee depreciation.
w w e
through various programmes. National Institute of Bank Management (NIBM) was established in 1969 byt
Provisions of Training: RBI provides the Training facilities to bankers, customers and also to lay man
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RBI in Pune. It is engaged in Research (policy and operations), Training & Education of senior executives of
.
banks, and provides consulting support to the banking and financial sectors. It runs various programmes on
currency notes.
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pan India basis to educate the customers and lay man to educate them in bank frauds and security features of
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Collection of Data and Publication of Reports: RBI collects, process and disseminates statistical data on
several topics. It includes interest rate, inflation, savings and investments etc., This data proves to be quite
a t
useful for researchers and policy makers. Its separate publication publishes data on several sectors of the
economy. The reports and bulletins are regularly published by the RBI. It includes RBI weekly reports, RBI
available to the public also at cheaper rates.

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Annual Report, Report on Trend and Progress of Commercial Banks in India., etc., This information is made
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Promotion of Banking Habits: As an apex organization, the RBI always tries to promote the banking habits
in the country. It institutionalizes savings and takes measures for an expansion of the banking network. During
n a
economic reforms it has taken many initiatives for encouraging and promoting banking in India. It always
order the banks not to disturb the customers by making the rigidity of banking rules.
.e e Supervisory Functions of RBI

Granting license to banks: RBI grants license to banks for carrying its business. License is also given for
ww
opening extension counters, new branches, even to close down existing branches. It also authorized to renew
the license of banks. Its role is unquestionable at the time of giving licenses to foreign bank branches.
w
Bank Inspections: RBI grants license to banks working as per the directives and in a prudent manner
without undue risk. It does regular inspections of banks and bank branches. In addition to this it can ask for
periodical information from banks on various components of assets and liabilities.
Control over NBFIs: Non-Bank Financial Institutions are not more influenced by the working of a
monitory policy. However RBI has a right to issue directives to the NBFIs from time to time regarding their
functioning. Through periodic inspection, it can control the NBFIs.
R-22-4-15
Implementation of the Deposit Insurance Scheme: RBI has set up the Deposit Insurance Guarantee
Corporation in order to protect the deposits of small depositors. All bank deposits below Rs.1 lakh are insured
with this corporation. The RBI work to implement the Deposit Insurance Scheme in case of a bank failure.
Central clearing house of payment and settlement systems: The increasing monetization in the economy,
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the country's large geographic expanse, people's preference for paper-based instruments and rapid changes in
technology are among factors that make this task a formidable one. Recently, a provision was incorporated
systems of banks and financial institutions.

. n
by the Information Technology Act, 2000 which enabled the RBI to make regulations for regulating payment
Names of the Directors of the Central Board of the Reserve Bank of India
(as on 6th April 2015)
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1. Dr. Raghuram Rajan - Governor
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2.
3.
H.R. Khan - Deputy Governor
Dr. Urjit R. Patel - Deputy Governor
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4.
5.
R. Gandhi - Deputy Governor
S. S. Mundra - Deputy Governor
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6.
7.
Dr. Anil Kakodkar
Kiran Karnik
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8. Dr. Nachiket M. Mor
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9.
10.
11.
e
Y.H. Malegam
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Prof. Dipankar Gupta
.
G.M. Rao
12.
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Ms. Ela Bhatt
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13.
14.
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Dr. Indira Rajaraman
Y.C. Deveshwar
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15.
16.
Prof. Damodar Acharya
Rajiv Mehrishi
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17. Dr. Hasmukh Adhia
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1.
MODEL QUESTIONS
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Proportional Reserve System was replaced in 1956 by Minimum of Foreign Reserve System. It
means....
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1) RBI to hold assets minimum of Rs.515 crores worth of foreign reserves in which Rs.115 Cr. of gold
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and Rs.400 Cr. of foreign securities must be maintained.
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and Rs.400 Cr. Dollars must be maintained.
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and Rs.115 Cr. of foreign securities must be maintained.
e
.
and Rs.315 Cr. of foreign direct investments.
2.
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5) RBI to hold assets minimum of Rs.515 crores worth of foreign reserves in any mode.
w
1956 Minimum of Foreign Reserve System of RBI was diluted in 1957. It says .....
1) RBI should maintain Rs.115 crore worth of Gold.
2) RBI should maintain Rs.150 crore worth of Gold and Rs.450 Cr. worth of Government bonds.
3) RBI should maintain Rs.1000 Cr. worth of Gold or Rs.1000 crore worth of Government securities.
4) RBI should maintain Rs.100 Cr. worth of Gold or Rs.1000 crore worth of foreign securities.
5) RBI need not maintain any worth of Gold or Government securities.
3. Currency paper is composed of ......
1) Flax seed pulp 2) Soya seed pulp
3) Cotton and cotton rag 4) Jute
4.
5) None
Who determines the denominations of Paper currency?
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1) RBI
3) Government of India
2) Ministry of Commerce
4) Deputy Governor
. n
5.
5) None of above
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To cancel the disadvantages of Paper Currency Plastic currency mooted. Which is the first country to
mint Plastic money?
1) India 2) New Zealand 3) China
i b 4) Spain
5) Australia
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6.
1) 5 2) 2
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India moots to mint ........ rupee plastic money first?
p 3) 100 4) 10
7.
5) 500
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In the five cities/ towns, the Rs.10 plastic paper currency to be introduced for the valuation of up to
1) New Delhi a
Rs.100 crores. They are Kochi, Mysore, Bhubaneswar, Jaipur and....
n 2) Hyderabad 3) Visakhapatnam 4) Shimla
8.
5) Pune
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Virtual Currency is .....
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1) coins
3) Rs.1000 currency note
2) Bit coin
4) Rs.1 coin
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9. w
5) None
Bit coin invented by ........
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1) John Shepherd - Barron 2) Satoshi Nakamoto
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3) Tim Berners-Lee
5) None of above
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4) Charles Babbage
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10. Who has the sole right to mint coins in India?
1) RBI
a2) MMTCt
5) Department of Post
p r 4) SBI
11. Whose signature appears on coins?

d u 2) RBI Governor
n
a 4) RBI Deputy Governor
12.
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5) Coins do not bear the signature
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Whether all banks accept coins in India though mint by government of India?
.
1) Accept by asking the customer give the undertaking
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2) Never accept
3) Yes, accept
4) Accept, tell the customer that the bank return any time
5) Accept at the lower value
13. Which rupee coin has largest circulation in India?
1) 2 2) 5 3) 1 4) 10
5) None
14. Which committee suggested for the high denomination of Coins in Indian Circulation?
1) C. Rangarajan 2) Bimal Jalan 3) Tarapore 4) Chandulal
5) Malegam
15.
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Maximum punishment for melting or destruction of coins would be increased from 5 years to ..... years
of imprisonment?
e
1) 4
5) 16
2) 9 3) 7
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4) 10
.
16.
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Coins in India are presently being issued for the circulation in denominations of 50 paise, one rupee,
two rupees, five rupees and ...
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1) two hundred rupees
3) ten rupees
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2) hundred rupees
4) twenty rupees
5) None
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17.
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Familiar metal using to mint coins of India these days is.....
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1) Stainless Steel 2) Gold
3) Silver 4) Copper
18.
5) Brass
a d
......... become the 19th country to adopt Euro as a Single currency from 1st January 2015?
en
1) Croatia 2) Lithuania 3) Latvia 4) Mexico
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5) South Sudan
. ANSWERS
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1-1; 2-1; 3-3; 4-3; 5-5; 6-4; 7-4; 8-2; 9-2; 10-3; 11-5; 12-3; 13-3; 14-3; 15-3; 16-3; 17-1; 18-2.
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BANK(GA).qxd 29-4 pb-2 corrected
BANK EXAMS
GENERAL AWARENESS
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History of Banking in India
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Bank is a Financial Institute, whose principle business is accepting deposits and provide loans. Apart
from accepting deposits and lending money, banks offer many more value added services to their clients.
Banks are the important segment in Indian Financial System.
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The origin of banking in India can be traced back to almost the Vedic period. The transformation from
pure money lending to proper banking appears to have taken place before the times of Manu.
★
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Manu, a great Hindu jurist, has devoted a section of his work explaining the deposits and advances and
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he even laid down certain rules on rates of interest. Through out Mauryan period and later on desi
u
bankers played some role in the economy of the country. However, it was during the Moghul period
d
and commerce.
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that indigenous bankers started playing a vital role in lending money and financing of the foreign trade
.e e Indigenous banks
The indigenous bank means Money Lenders and Sahukars. They collect deposits from general public
w w e t
and grant loans to the needy persons out of their own funds as well as from deposits. These indigenous banks
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are popular in villages and small towns. They perform combined functions of trading and banking activities.
.
Certain well-known Indian communities like Marwaries, Multani, Shroffs, Seths, Sahukars, Mahajans,
in India.
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Chettis even today run specialized indigenous banks, though they did not evolve the sound banking system
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As per the modern definition of Banking, first bank in India, called The General Bank of India was
i
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established in the year 1786, though the Bank of Hindustan established earlier in 1770 did not follow the few
basic tenets of Banking. Three presidency banks namely the Bank of Bengal (this bank was originally
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started in the year 1806 as Bank of Calcutta and then in the year 1809 became the Bank of Bengal), the Bank
of Bombay and the Bank of Madras, were set up. These three presidency banks acted as quasi-central banks
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for sometime during the British period. These three banks merged to form the Imperial Bank of India.
d
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Indian Joint -Stock Banks
The year 1960 is a landmark in the history of Public banks in India, as in that year the principle of
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limited liability was first applied to joint stock banks. Since 1860, till the end of the 19th Century, a number
.
of Indian Joint Stock banks came into existence. For instance, the Allahabad Bank was started at Allahabad
ww
in 1865. In 1875, the Alliance Bank of Shimla was started. In 1881, another Indian bank called Oudh
Commercial Bank was established. In 1895, the famous Punjab National Bank was established.
wThe swadeshi movement in India given the inspiration to several Indian entrepreneurs became torch
light for the development of Banking in India. During the boom period of 1906 -13, there was a mushroom
growth of banks. The banks like Bank of India (1906), The Canara Bank (1906), the bank of Baroda (1908)
and the Central Bank of India were established during this period.
R-29-4-15
Foreign Banks
In addition to the Indian Joint Stock banks, a number of multi-national foreign banks called 'exchange
banks', with their head offices in their home nations, entered the colonial banking system of India. Exchange
banks. Mainly the exchange banks were financed by non-Indians.

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banks established to finance the foreign trade of the country, later given tough competition to the Indian
Bank Crisis
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Till the middle of the 12th Century, Indian Joint Stock Banking system had seen the continuous growth.
However the banking experienced severe set-backs during the period 1913 -17. During the period of
not less than 620 more banks were failed.

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1913 - 17, at least 108 banks failed. During 1922 -36 approximately 373 banks failed. During 1937 - 48,
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The central Banking Enquiry Committee in 1929 traced the following causes for banks failures in India.
1) Insufficient paid-up capital and reserves
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3) Poor liquidity of assets
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2) Irrational credit policy causing reckless and injudicious advances
4) Mismanagement
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5) Creation of long term loans on the basis of short -term deposits
6) Indulging in speculative investments
.
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7) Absence of central bank for overall supervision and control
8) Lack of suitable banking legislation for regulation of banks.
e t
★
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The another blow caused to Indian Banking, as in 1946 - 47, with the crash of the A.B.C.Bank, the
Exchange Bank, the Exchange Bank of India and African and the Nath Banks.
.
★
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It is unfortunate that by the date of Independence in 1947, India inherited an extremely weak banking
geographical area loosing the All-India Structure.

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structure, with urban banking structure, loan to relatives and trade sector only, restricted to one
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Development of Banking during the Planning Era
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After Independence, the government of India launched economic planning since 1951. The entire
banking had seen the drastic transformation through several important reforms introduced by the government.
Some of them are.......
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2) Banks legislation a
1) Liquidation and amalgamation of banks
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3) Evolution of banks nationalization
.
4) Structural changes of commercial banking
w ww
5) Declining significance of foreign banks
6) New strategies in banking business
Liquidation and Amalgamation of Banks

Even in the post -Independence period, when the history of bank failures continued, the RBI adopted
a deliberate policy of systematic elimination of weaker and uneconomic banking units by restoring to
relicensing, mergers/ amalgamations of such banks, strengthening the banking system in the nation.
★ In 1954, 14 banks were failed, this came down to 4 in 1963. During the period of 1954 - 63, there were
92 cases of total bank failures. This led the government to insert a new section, Section 45 in the
Banking Companies Act in 1960. That section says the Government of India, on the recommendation
banks.
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of RBI, is empowered to order the compulsory amalgamating of weak banks with strong well-managed
Model Questions
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1. Which is the first bank managed by Indians?
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1) Union Bank of India
3) Oudh Commercial Bank
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2) Delhi Co-operative (Bharath) bank
4) Kasi Janmotsava Bank
5) None
a t
2.
1) Faizabad (U.P)
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2) Bhopal (M.P) r
First entirely Indian joint stock bank Oudh Commercial Bank was established in 1881 at .....
3) Godhra (Gujarat )
4) Varanasi (U.P)
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5) Calcutta (West Bengal)
3.
1) Calcutta
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Few Indian Merchants established Union Bank in 1839 (not Union Bank of India) at....
2) Bombay 3) Nagpur
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4) Hyderabad
.
5) Shimla
4.
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1) Calcutta 2) Bombay 3) Hyderabad
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First French bank came to India Comptoire d'Escompte de Paris established in 1860 at ..........
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4) Puducherry 5) Goa
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5.
1) Surat 2) Delhi 3) Calcutta
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Hongkong and Shanghai Banking Corporation (HSBC) established its branch in 1869 in .........
4) Chennai 5) Jammu
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6. First bank in India to start its branches outside India ?
1) Bank of India 2) SBI
a 3) SBTt
4) Punjab National Bank 5) OBC
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7.
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Which is the oldest public sector bank in India, celebrated 150th year of establishment in 2014 ?
1) Punjab National Bank 2) Andhra Bank 3) Allahabad Bank
n
4) Bank of India
a
5) None
8.
. e
Founder of Punjab National bank is ........?
e
1) Lala Lajapathi Rai 2) Mahathma Gandhi 3) Nehru
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4) B.R. Ambedkar 5) Mokshagundam Visweswarayya
9.
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In which part of India, many banks are established, called the 'Cradle of Indian Banking System'?
1) Northern Assam
4) Southern Karnataka
2) Southern Tamilnadu 3) Eastern Rajasthan
5) Western Maharastra
10. The first phase of Indian banking runs between 1786 to 1969. The highlights of this period include.....
1) Establishment of banks in India 2) Report of Hilton-Young Commission
3) Establishment of Reserve Bank of India 4) Establishment of State Bank of India
5) All of above
11. The Second phase of Indian banking runs between 1969 to 1991. The highlights include .........
1) Nationalization of banks 2) Insurance of bank deposits
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3) Setting up of Regional Rural Banks
5) All of above
4) Establishment of NABARD
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12.
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Third phase of Indian Banking runs between 1991 till today. The highlights of the period include .........
1) Introduction of banking reforms
3) More entry of Foreign bank
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2) Infusion of Information Technology
4) Customer Banking
5) All of above
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13. What was the old name of State Bank of India?
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1) National Bank of India
3) Imperial Bank of India
d up 2) Royal Bank of India
4) State Bank of UK and India
5) None
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.e e ANSWERS
1-3; 2-1; 3-1; 4-1; 5-3; 6-1; 7-3; 8-1; 9-4; 10-5; 11-5; 12-5; 13-3.
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Writer : A. Veeraswamy
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SBI PROBATIONARY OFFICERS
GENERAL AWARENESS
Primary and Secondary Functions of Commercial Banks
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A commercial bank is a type of bank that provides services such as accepting deposits, making
business loans, and offering basic investment products. On day to day functioning it discharge many
functions broadly classified as Primary and Secondary Functions mentioned below.
I. Primary Functions
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1) Accepting Deposits
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2) Advancing Loans
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II. Secondary Functions
1) Overdraft Facility
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2) Discounting Bills of Exchange
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3) Agency Functions
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4) General Utility Functions
.e e PRIMARY FUNCTIONS
1.
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Accepting Deposits: It is one of the most important function of commercial banks. The commercial
t
banks accept the deposits at lower rates and provide the loans. They accept deposits in several forms
e
❈ w
according to requirements of different sections of the society.
The main kinds of deposits are:
. n
i)
a
Current Account Deposits or Demand Deposits: These deposits refer to those deposits which are
repayable by the banks on demand.
h
★
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Such deposits are generally maintained by businessmen with the intention of making transactions with
they need.
a t
such deposits. The business men usually deposit from their excess cash balances and withdraw when
★
★
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They can be drawn upon by a cheque without any restriction.
Banks do not pay any interest on these accounts. Rather, banks impose service charges for running
these accounts.
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ii)
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Fixed Deposits or Time Deposits: Fixed deposits refer to those deposits, in which the amount is
n
deposited with the bank for a fixed period of time.
★
★
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Such deposits do not enjoy cheque-able facility.
These deposits carry a high rate of interest.
iii)
★
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Saving Deposits: These deposits combine features of both current account deposits and fixed deposits.
The depositors are given cheque facility to withdraw money from their account. But, some restrictions
are imposed on number and amount of withdrawals, in order to discourage frequent use of saving
deposits.
★ They carry a rate of interest which is less than interest rate on fixed deposits. It must be noted that
Current Account deposits and saving deposits are chequable deposits, whereas, fixed deposit is a
non-chequable deposit.
R-13-5-15
2. Advancing of Loans: The deposits received by banks are not allowed to remain idle. So, after
keeping certain cash reserves, the balance is given to needy borrowers and interest is charged from
them, which is the main source of income for these banks.
❈
i)
Different types of loans and advances made by Commercial banks are:
e t
Cash Credit: The Cash credit refers to a loan given to the borrower against his current assets like
shares, stocks, bonds, etc., A credit limit is sanctioned and the amount is
. n
credited in his account. The borrower may withdraw any amount within his credit limit and interest is
ii)
charged on the amount actually withdrawn.
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Demand Loans: Demand loans refer to those loans which can be recalled on demand by the bank at
sum.
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any time. The entire sum of demand loan is credited to the account and interest is payable on the entire
iii)
t
Short-term Loans: They are given as personal loans against some collateral security. The money is
a
credited to the account of borrower and the borrower can withdraw money from his account and
r
interest is payable on the entire sum of loan granted.
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1.
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SECONDARY FUNCTIONS
Overdraft Facility: It refers to a facility in which a customer is allowed to overdraw his current
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account up to an agreed limit. This facility is generally given to respectable and reliable customers for
a short period. Customers have to pay interest to the bank on the amount overdrawn by them.
2.
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Discounting Bills of Exchange: It refers to a facility in which holder of a bill of exchange can get the
bill discounted with bank before the maturity. After deducting the commission, bank pays the balance
3.
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to the holder. On maturity, bank gets its payment from the party which had accepted the bill.
e
Agency Functions: Commercial banks also perform certain agency functions for their customers.t
❈ w
For these services, banks charge some commission from their clients.
Some of the agency functions are:
. n
i)
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Transfer of Funds: Banks provide the facility of economical and easy remittance of funds from
ii)
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place-to-place with the help of instruments like demand drafts, mail transfers etc.,
Collection and Payment of Various Bill Payments: Commercial banks collect cheques, bills,
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interest, dividends, subscriptions, rents and other periodical receipts on behalf of their customers and
also make payments of taxes, insurance premium etc., on standing instructions of their clients.
iii)
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Purchase and Sale of Foreign Exchange: Some commercial banks are authorized by the central bank
p
to deal in foreign exchange. They buy and sell foreign exchange on behalf of their customers and help
iv)
in promoting international trade.
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Purchase and Sale of Securities: Commercial banks buy and sell stocks and shares of private
a
companies as well as government securities on behalf of their customers.
n
v)
vi)
e
Income Tax Consultancy: They also give advice to their customers on matters relating to income tax
e
and even prepare their income tax returns.
.
Trustee and Executor: Commercial banks preserve the wills of their customers as trustees and
ww
execute them after their death as executors.
4.
i)
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General Utility Functions:
Commercial banks render some general utility services like:
Locker Facility: Commercial banks provide facility of safety vaults or lockers to keep valuable
articles of customers in safe custody.
ii) Traveller's Cheques: Commercial banks issue traveler's cheques to their customers to avoid risk of
taking cash during their journey.
iii) Letter of Credit: Commercial banks issue letters of credit to their customers to certify their
creditworthiness.
iv) Underwriting Securities: Commercial banks also undertake the task of underwriting securities.
underwritten by banks.
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As public has full faith in the creditworthiness of banks, public do not hesitate in buying the securities
v)
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Collection of Statistics: Banks collect and publish statistics relating to trade, commerce and industry.
.
Hence, they advice customers on financial matters. Commercial banks receive deposits from the
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deposits received by banks. This function of banks is known as 'Money Creation'.
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public and use these deposits to give loans. However, loans offered are many times more than the
MODEL QUESTIONS
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1.
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Which of the following function is not relating to Commercial Bank?
1) Accepting Time Deposits
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2) Providing Loans
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3) Doing Agriculture Activity
4) Discounting Bills of Exchange
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5) Provide online technology nowadays for speed transfer of money
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2.
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Why banks pay no rate of interest or very less rate of interest on current accounts?
1) RBI orders bank not to pay rate of interest for current accounts.
.
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2) Banks do not pay rate of interest as the current accounts not offered by Scheduled banks.
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3) Banks cannot utilise these short-term deposits for lending purposes and must keep almost cent
w percent reserve against them.
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4) To maintain the current account is more expensive, so they do not pay rate of interest.
5) None of above
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3. Which of the following statement is wrong related to Overdraft?
1) Overdraft provide by commercial banks as form of Loans.
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2) Banks collect rate of interest on Overdrafts.
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3) Overdraft can be issued to non-customer also.
4) Some banks levy bank charges to process the overdraft loans.
5) None of above
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4.
1) Cheque
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Hundi is a ........... in an Indian language, governed by customs and local usage.
2) Demand Draft
.
5) Nonee e
3) Bill of Exchange 4) Promissory Note
5.
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Which of the following is not agency function of Commercial banks?
1) Letters of Reference
2) Tax Consultancy
3) Accepting Deposits
4) Purchase and Sale of Foreign Exchange
5) Trustee and Executor
6. Which is the first commercial bank in India initiated to have Television Banking (TVB), avail the
banking information on TV screens. This enable TV viewers to access information of Bank's services
and products, from the convince of their homes?
1) SBI
3) ICICI
2) Corporation Bank
4) Canara Bank
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5) Tamilnadu Mercantile Bank Limited
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On 13th March 2015, the Union government declared that unused priority sector lending funds of
7.
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commercial banks will be used to set up the Rs.20,000 crore corpus of the proposed .......
1) Bharathiya Mahila Bank
3) PLB
2) AIIB
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4) New Development Bank
5) MUDRA Bank
a t
8.
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Which bank launched the mobile app 'Chillr', which allows users to instantly transfer money to any
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contact in their phone book. The best part about using this money transfer mechanism is that, there is
1) ICICI 2) SBI u
no need to add beneficiary details such as bank account number, IFSC codes etc
d 3) HDFC 4) Citi Bank

5) Yes Bank
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9.
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Which commercial bank has launched a mobile application 'Pingpay' that enables customers to make
payments to any contact across social media platforms in seconds?
.
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1) Central bank of India
3) Axis Bank
2) Andhra Bank
4) ICICI
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5) SBI
.
Government ordered commercial banks to step up lending to minorities on 12th March 2015.
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10.
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Accordingly, all scheduled commercial banks are required to specially monitor the credit flow to
minorities in how many districts?
1) 140
5) 88
2) 121 3) 90
t ib 4) 640
11.
a
The statements related to corporate funding given. Locate the wrong statement.
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1) RBI moves to restrict commercial banks exposure to corporate loans.
2) Banks would only be allowed to lend up to 25 percent of their core capital.
d
3) The earlier ceiling of up to 55 percent.
a
5) None
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4) RBI proposes this new rule effective from 1st January 2019.
12.
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The rate at which RBI purchases or rediscounts bills of exchange of commercial banks is called ........
ww
1) CRR 2) Base Rate 3) SLR 4) LAF
13. w
5) Bank Rate
In which year the Kotak Mahindra Finance Ltd. converted into a commercial bank - the first Indian
company to do so?
1) 1996 2) 1998 3) 1994 4) 2003
5) 2010
14. The power of the commercial banks to expand deposits through expanding their loans and advances is
known as which among the following?
1) Capital Expansion 2) Credit Expansion
3) Credit Control
5) Credit Creation
4) Credit suasion
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ANSWERS
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1-3; 2-3; 3-3; 4-3; 5-3; 6-3; 7-5; 8-3; 9-3; 10-2; 11-5; 12-5; 13-4; 14-5.
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i bh Writer: A. Veeraswamy
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BANK EXAMS
GENERAL AWARENESS
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Kinds of Banks in India
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The Financial Requirements in a modern economy are of a diverse nature, distinctive variety and large
magnitude. These banks satisfy the various needs of people from every walk of life. The important kinds of
banks mentioned below.
1.
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Commercial Banks: Commercial banks are established with an objective to help businessmen. These
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banks collect money from general public and give short-term loans to businessmen by way of cash
a
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credits, overdrafts, etc. Commercial banks provide various services like collecting cheques, bill of
exchange, remittance money from one place to another place.
d u
★ In India, commercial banks are established under Companies Act, 1956. In 1969, 14 commercial
banks were nationalized by Government of India, and the nationalization continued later also. The
n a
policies regarding deposits, loans, rate of interest, etc. of these banks are controlled by the Central
Bank/ supervisor banks in that nation.
2.
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Saving Banks: Saving banks are established to create saving habit among the people. These banks are
.
helpful for salaried people and low income groups. The deposits collected from customers are invested
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Now a days the development banks also discharging the functions of savings banks.
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in bonds, securities, etc. At present most of the commercial banks carry the functions of savings banks.
3.
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Land Mortgage or Land Development Banks: Land Mortgage or Land Development banks are also
n
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known as Agricultural Banks because these are formed to finance agricultural sector. They also help in
land development. In India, Government has come forward to assist these banks. The Government has
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guaranteed the debentures issued by such banks. There is a great risk involved in the financing of
agriculture and generally commercial banks do not take much interest in financing agricultural sector.
4.
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The indigenous banking system: It was carried by the indigenous bankers like Shroffs, Seths,
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Sahukars, Mahajans, Chettis etc though they did not evolve the sound banking system in India.
5.
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Central / Federal / National Bank: Every country of the world has a central bank. In India, Reserve
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Bank of India, in U.S.A, Federal Reserve and in U.K, Bank of England. These central banks are the
bankers of the other banks. They provide specialized functions i.e. issue of paper currency, working
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as bankers of government, supervising and controlling foreign exchange. A central bank is a non-
profit making institution. It does not deal with the public but it deals with other banks. The principal
6.
. e
responsibility of Central Bank is thorough control on currency of a country.
e
Exchange Banks: Hong Kong Bank, Bank of Tokyo, Bank of America are the examples of Foreign
ww
Banks working in India. These banks are mainly concerned with financing foreign trade.
w
Following are the various functions of Exchange Banks:
1. Remitting money from one country to another country
2. Discounting of foreign bills
3. Buying and Selling Gold and Silver, and
4. Helping Import and Export Trade
R-5-5-15
7. Consumer Banks: Consumers bank is a new addition to the existing type of banks. Such banks are
usually found only in advanced countries like U.S.A. and Germany. The main objective of this bank is
to give loans to consumers for purchase of the durables like Motor car, television set, washing machine,
8.
furniture, etc. The consumers have to repay the loans in easy installments.
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Industrial / Development Banks: Industrial/ Development banks collect cash by issuing shares & t
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debentures and providing long-term loans to industries. In the recent period they are also accepting cash
deposits and lending. Development banks are specialized financial institutions. They provide medium
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and long -term finance to promote and develop important sectors like agriculture, industry,
import-export, housing and allied activities. They provide finance to both private and public sector.
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Development banks are multipurpose financial institutions. To promote Industries after independence,
i
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the institutions/ and banks like Industrial Finance Corporation of India (IFCI), Industrial Credit and
Investment Corporation of India (ICICI) and Industrial Development Bank of India (IDBI) were
established.
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★ Development banking was started after the World War II. It provided finance to reconstruct the
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buildings and industries which were destroyed in the war.
★ In India, development banking was started immediately after Independence.
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The arrangement of development banks in India is depicted below
.e e Development Banks in India
w w e t
w Industrial
Development
Agricultural
Development
Export - Import
Development
Housing
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Development
Banks Bank Bank
h a Bank
IFCI
IDBI
NABARD
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EXIM
b NHB
SIDBI
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Model Questions
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1.
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The motto of commercial banks is ..........
1) helping the people
d
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2) creating awareness among the people about banking
3) accept deposits only
.e e
4) to crush the interest of development banks
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5) earning the profit
w
2.
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Which of the following function is not discharged by commercial bank?
1) issue negotiable instruments
3) doing the agriculture activity
2) provide the cash credit
4) provide the short term lending
5) None
3. Indian Commercial Banks are categorized into ..........
1) Public sector banks 2) Foreign banks
3) Private sector banks 4) All of the above
4.
5) None
Largest commercial bank of the country is ..........
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1) Bank of India 2) State Bank of India 3) Canara Bank
. n
5.
4) Union Bank of India 5) ICICI
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Which department in India also authorized to run the savings bank, permitted by Government of India?
1) Shares and Securities department
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2) Income tax department
3) Postal department
5) None
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4) All of above
6.
r
First Land Development Bank in India (LDB) was started at Jhang in ..........
1) 1920
4) 1975
2) 1940
d
5) None up 3) 1945
7.
a
List of Central banks given. Locate the wrong combination.
n
e e
1) Russia - Central Bank of the Russian Federation - 1860
2) India - Reserve Bank of India - 1947
.
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3) USA - Federal Bank - 1913
4) Switzerland - Central Bank of Swaziland -1974
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8. w
5) Pakistan - State Bank of Pakistan - 1948
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Economic and Monetary Community of Central Africa - Bank of Central African States (Banque des
Etats de l'Afrique Centrale, BEAC) was established in ..........
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1) 1969
4) 2010
2) 1980
5) 1972
3) 1990
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9.
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Bank of Central African States (BEAC) serves six Central African States. They are Cameroon, Central
a
African Republic, Chad, Congo, Equatorial Guinea and ..........
1) South Africa 2) Gabon
p r 3) Zimbabwe
10.
4) Zambia
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5) Kenya
Which of the following banks not categorized as development bank in India?
a
en
1) NABARD 2) SIDBI 3) Axis Bank
4) NHB 5) MUDRA Bank
11.
e
Industrial Investment Bank of India (IIBI) was established in ..........
.
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1) 1969 2) 1955 3) 2000
4) 1971 5) None
12.
w
In order to rehabilitate the sick units in India, Industrial Reconstruction Corporation of India Ltd.
(IRCI) set up in 1971. It was later reconstituted as Industrial Reconstruction Bank of India (IRBI) in
..........
1) 1981 2) 1989 3) 2010
4) 1985 5) 1982
13. To encourage the stream of Exports and Imports in India, the EXIM (Export - Import Bank of India)
bank was established in 1982. Its present chairman is ..........
1) Raghuram Rajan 2) Ashok Chawla
3) U.K. Sinha 4) Arundhathi Bhattacharya
e t
14.
5) Yaduvendra Mathur
.
On 8 April 2015, Narendra Modi launched the Micro Units Development Refinance Agency n
(MUDRA) Bank which will provide credit of up to Rs 10 lakh to .......
1) Large scale industries
h
2) Solar Industrial Units a
3) Software parks
i b
4) Fashion industries entrepreneurs
5) Small entrepreneurs
a t
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ANSWERS
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1-5; 2-3; 3-4; 4-2; 5-3; 6-1; 7-2; 8-5; 9-2; 10-3; 11-4; 12-4; 13-5; 14-5.
d
n a Writer : A. Veeraswamy
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SBI PROBATIONARY OFFICERS

GENERAL AWARENESS
CHANGING ROLE OF BANKS IN INDIA
e t
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Role of banks in India has changed a lot since economic reforms of 1991. These changes came due to
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liberalization, privatization and globalization policy being followed by the government of India. Since 1991,
then most traditional and outdated concepts, practices, procedures and methods of banking have been
changed drastically.
i b
Banks in India today have become more customer - focused and service - oriented than they were
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before 1991. The banks in India now give a lot of importance to their rural customers.
a
★
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The following points briefly highlight the changing role of banks in India
1. Better customer service
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2. Mobile banking facility
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3. Bank on wheels scheme
4. Portfolio management
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5. Issue of electro-magnetic cards
.
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6. Universal banking
7. Automated Teller Machine (ATM)
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w8. Internet Banking
. n
9. Encouragement to bank amalgamation
10. Encouragement to personal loans
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11. Marketing of mutual funds
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★
12. Social banking, etc.
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The above - mentioned points indicate the role of banks in India is changing. Now let's discuss how
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banking in India is getting much better day after day.
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Better Customer Service:
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Before 1991, the overall service of banks in India was very poor. There were very long queues to
n a
receive payment for cheques and to deposit Cash. The banks were restricted to provide the better customer
service in those days. Banks in India have now become very customer and service focus. Their service has
.e e
become quick, efficient and customer - friendly. This positive change is mostly due to rising competition from
new private banks and initiation of Ombudsman Scheme by RBI.
ww
Mobile Banking:
wUnder mobile banking service, customers can easily carry out major banking transactions by simply
using their cell phones or mobiles. Using secret credentials and registered phone, customer can now
comfortably and securely, find his bank balance, transfer money from his account to another, ask for a cheque
book, stop payment of a cheque, etc.
★ Today, almost all banks in India provide a mobile -banking service.
R-21-5-15
Bank on Wheels:
The 'Bank on Wheels' scheme was first introduced in the North - East Region of India. Under this
scheme, banking services are made accessible to people staying in the remote areas of India. This scheme is
a generous attempt to serve banking needs of rural India.
e t
Portfolio Management: In this portfolio management, banks do all the investments work of their clients.
★
. n
Banks invest their clients' money in shares, debentures, fixed deposits, etc. They first enter a contract
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with their clients and charge them a fee for this service. Then they have the full power to invest or
disinvest their clients' money. However, they have to give safety and profit to their clients.
Issue of Electro - Magnetic Cards

i b
a t
Banks in India have already started issuing Electro - Magnetic Cards to their customers. These cards
help to carry out cash -less transactions, make an online purchase, avail ATM facility, book a railway
Cards, Charge Cards, Kisan Credit Cards etc.

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ticket, do shopping online etc. Banks issue many types of electro-magnetic cards like Credit Cards, Debit
Universal Banking:
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In India, the concept of universal banking has gained recognition after year 2000. The customers can
get all banking and non-banking services under one roof. Universal bank is like a super store. It offers a wide
.e e
range of services, including banking and other financial services like insurance, merchant banking, etc.
Automated Teller Machine (ATM):
w
There are many advantages of ATM. As a result, many banks have opened up ATM centres to offer
w e t
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convenience to their customers. Now banks are operating ATM centres not only in their branches (on site
. n
ATM) but also at public places like airports, railway stations, hotels, bazaars (off site ATM). Some banks
have joined together and agreed upon to set up common ATM centres all over India.
Internet Banking
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Internet banking is also called as an E - banking or net banking. Customer can do banking transactions
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through the medium of the internet or world wide web (WWW). The customer need not visit the bank's
branch. Through this facility, the customer can easily inquiry about bank balance, transfer funds, request for
Encouragement to Bank Amalgamation:

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a cheque book, etc. Most large banks offer this service to their tech-savvy customers.
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Failure of banks is well-protected with the facility of amalgamation. So depositors need not worry
n
Encouragement to Personal Loans: a
about their deposits. When weaker banks are absorbed by stronger banks, it is called amalgamation of banks.
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Today, the purchasing power of Indian consumers has increased dramatically because banks give them
.
easy personal loans. Generally, interest charged by the banks on such loans is very high. Interest is
ww
calculated on reducing balance. The documentation is less and processing is fast in these loans.
w
Marketing of Mutual Funds:
A mutual fund collects money from many investors and invests the money in shares, bonds, short-term
money market instruments, gold assets; etc. Mutual funds earn income by interest and dividend or both from
its investments. It pays a dividend to subscribers. These funds are not insured like other bank deposits. There
are different types of funds such as open-ended funds, closed -ended funds, growth funds, balanced funds,
income funds, etc.
Social Banking:
The government uses the banking system to alleviate poverty and unemployment. Many social
development programmes are initiated by the banks from time to time. The success of these programmes
depends on financial support provided by the banks. Banks supply a lot of finance to farmers, artisans,
scheduled castes (SC) and scheduled tribe (ST) families, unemployed youth and people living below the
e t
poverty line (BPL) under social banking.
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Model Questions
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1.
b
If the customer can do all transactions only in a branch and the branch has no online access, it is called
.............
i
1) Online Banking
a t
2) Internet Banking
3) Virtual Banking
5) None of these
p r 4) Brick and Mortar Banking
2.
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As a part of financial inclusion, Bank on Wheels is a banking kiosk in a mobile van which goes to
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various rural villages as per the predetermined schedule to provide the banking services to the rural
Indians. This Vehicle Tracking through GPRS. GPRS stands for .............
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1) General Packet Radio Service
.
2) General Packet Running Service
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3) Gross Packet Radio Service
5) General Packet Radio Store
4) Gain Packet Radio Service
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3.
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A collection of investment tools such as stocks, shares, mutual funds, bonds, cash and so on depending
.
on the investor's income, budget and convenient time frame. The art of selecting the right investment
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policy for the individuals in terms of minimum risk and maximum return is called as .........
1) Portfolio management
3) Amortized management
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2) Credit creation
4) Zero account
5) None of these
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4.
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Which bank has launched the country's first contactless debit and credit cards on 7th January 2015?
1) HDFC
2) SBI
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5) Yes Bank
3) ICICI
5.
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On 7th May 2015, RBI said with effect from September 1st, 2015 all new cards issued - debit and
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credit, domestic and international - by banks shall be EMV chip and pin based cards. EMV stands for
................
.
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1) Europay, Mastro and Visa. 2) Euro, Master Card and Visa.
3) Europay, Master Card and Visulas. 4) Entitlement of Master Card and Visa.
6.
w5) Europay, Master Card and Visa.
Which is the first bank to get ISO certificate?
1) Corporation Bank 2) UBI 3) Canara Bank
4) Syndicate Bank 5) ICICI
7. Kisan Credit Card (KCC) scheme introduced in .................. has emerged as an innovative credit
delivery mechanism to meet the production credit requirements of the farmers in a timely and
hassle - free manner.
1) 1998
4) 1991
2) 2000
5) 2004
3) 2001
e t
8.
. n
To make KCC a Smart Card cum Debit Card, Government of India had constituted a Working Group
under the Chairmanship of ..................
1) C. Ranga Rajan
h
2) Chanda Kocchar a
3) Arundhathi Bhattacharya
i b
4) D. Subba Rao
5) T.M. Bhasin
a t
9.
r
In 2014, Competition Commission of India probed the merger between regional rural banks sponsored
p
by Punjab National Bank and ................
1) Andhra Bank
d u 2) Union Bank of India

3) State Bank of India
5) None of these
n a 4) Syndicate Bank
10.
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A personal loan is a kind of unsecured loan which can be used for any purpose that the borrower deems
necessary. The loan backed only by promise to repay, and for this reason the personal loan also
w
called...........
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1) Signature loans
4) Transfer loan
2) Secured loans
5) None of these
3) Priority sector loan
. n
11.
a
AMFI is dedicated to developing the Indian Mutual Fund Industry on professional, healthy and ethical
h
lines and to enhance and maintain standards in the industry. AMFI stands for ...............
1) Association of Mutual Funds in India
i b
2) Authority of Mutual Funds in India
3) Amalgamation of Mutual Funds in India
a t
4) Association of Mutual Finance in India
12.
5) None of these
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Providing Gas subsidy, government pensions, providing scholarships etc through banks called as
...............
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1) Social Banking
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4) Visual Banking a
2) Area Banking
5) None of these
3) Royal Banking
13.
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Which bank bagged the Core Banking System Initiative Award for the year 2014 at the Asian Banking
and Finance - Retail Banking Awards 2014?
14. w ww
1) SBI
4) Standard Bank
2) ICICI Bank
5) None of these
In the IBA Banking Technology Awards 2014, Best Financial Inclusion Initiative award among Public
Sector bank conferred on ..............
1) SBI 2) Corporation Bank 3) Andhra Bank
4) Bank of Baroda 5) IOB
15. Which of the following banking does not come under Social Banking?
1) Crediting the LPG subsidy in the beneficiary bank account
2) Offering Jan Dhan Scheme accounts
3) Allowing students to credit their scholarships through No-frill accounts
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4) Allowing the subsidy loan to disadvantage sections of the society
5) All of the above banking operations come under social banking
. n
ANSWERS
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1-4; 2-1; 3-1; 4-3; 5-5; 6-3; 7-1; 8-5; 9-4; 10-1; 11-1; 12-1; 13-3; 14-4; 15-3.
r at Writer : A. Veeraswamy
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BANK EXAMS
GENERAL AWARENESS
1.
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On 1st August 2016, RBI released guidelines for 'on tap' licensing of Universal Banks in the private
........
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sector. As per these guidelines, the validity of the in - principle approval issued for these banks will be
1) 12 months
3) 20 months
2) 24 months
4) 36 months
h a
5) 18 months
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2.
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'On tap' licensing of Universal Banks stopped current stop-start policy of RBI to issue licenses to
a
Banks. The minimum paid - up voting equity capital for this bank shall be .........
1) Rs.100 crores
r 2) Rs.1000 crores
3) Rs.1500 crores
5) Rs.500 crores
d up 4) Rs.5000 crores
3.
a
As per RBI statement, the proposed Universal Bank shall have a minimum net worth of ........... at all
times.
n
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1) Rs.500 crore
5) Rs.1000 crore
2) Rs.100 crore 3) Rs.50 crore 4) Rs.10 crore
4.
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'On tap' Universal Bank shall be required to maintain a minimum capital adequacy ratio of ......... of its
w n
risk weighted assets (RWA) for a minimum period of three years after the commencement of its
.
operations. However any higher percentage may be prescribed by RBI from time to time.
1) 11.5%
5) 13%
2) 9% 3) 8.5%
h a 4) 9.5%
5.
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Large industrial houses are excluded as eligible entities to get on-tap license of Universal Bank.
However they are permitted to invest in these banks up to ........
1) 20% 2) 10%
a 3) 5% t 4) 74%
6.
5) 49%
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As per RBI statement, the individuals and professionals having .......... of experience in banking and
u
finance at a senior level are also eligible to promote Universal Banks.
d
1) 10 years
n
5) 12 years a
2) 5 years 3) 20 years 4) 2 years
7.
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The proposed 'On - tap' Universal Bank shall get its shares listed on the stock exchanges within .........
from the date of the commencement of business by the bank.
ww
1) 4 years 2) 2 years 3) 10 years 4) 15 years
8. w 5) 6 years
Promoter shall hold a minimum of 40% of the paid-up voting equity capital of the Universal Bank
which shall be locked - in for a period of ........... from the date of commencement of business of the
Universal Bank.
5) 7 years
R-24-8-16
9. In the proposed Universal Banks, if the promoter has excess of 40% of the total paid - up voting
equity capital, shall be brought down to 40 percent within ............. years from the date of
commencement of business of the bank.
1) 10
5) 6
2) 4 3) 15 4) 5
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10. The proposed Universal Banks shall be governed by ..........
. n
2) Reserve Bank of India Act, 1934
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3) Foreign Exchange Management Act, 1999
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4) Payment and Settlement Systems Act, 2007
5) All of above Acts govern these banks
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11.
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Universal Bank should open at least ............ of its branches in unbanked rural centres, where the
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population is less than 10000, as per the statement given by RBI on 1st August 2016.
1) 25% 2) 50%
d u 3) 15% 4) 20%
12.
5) 40%
n a
13th Banking Conclave organised by FICCI (Federation of Indian Chambers of Commerce and
.e e
Industry) concluded at .......
1) Kolkata 2) Hyderabad 3) Mumbai 4) New Delhi
w
5) Pune
w e t
13.
w
Federation of Indian Chambers of Commerce and Industry (FICCI) established in .........
1) 1927 2) 1985 3) 2001
. 4) 1999 n
5) 1985
h a
14. Who is the president of FICCI?
1) Dr. Naushad Forbes
i b
2) Sunil Kanoria
3) Harshavardhan Neotia
a t
4) Shashank Manohar
15.
5) Anant Geete
p r
To curb illegal and unauthorised pooling of funds by unscrupulous firms, RBI on 4th August 2016
1) sahapedia.org
d u
launched which website to help people to get information about entities allowed to collect deposits?
2) milan.rbi.org.in
n
3) kalapaisa.rbi.org.in
a 4) paisaboltahai.rbi.org.in
16.
. e
5) sachet.rbi.org.in
e
ICICI bank is aiming to facilitate 30 lakh transactions through its inter-operable electronic toll
ww
collection facility on national highways by March 2017. It introduced ETC, which enables vehicles to
pay highway tolls electronically without stopping at toll plazas. In this context, ETC means .........
w
1) Entity Toll Collection
2) End Toll Collection
3) Electronic Total Collection
4) Electronic Toll Collection
5) Electronic Toll Consortium
17. For making an electronic payment at toll booths, a prepaid RFID tag, known as FASTag will be affixed
on the windscreen of a vehicle as declared by ICICI bank. In this context, RFID stands for .............
1) Radio Frequency Identification Device
2) Radio Front Identification Device
3) Rapid Frequency Identification Device
e t
4) Radio Frequency Idea Device
. n
18.
5) Real Frequency Identification Device
h a
On 3rd August 2016, SBI said that it has identified how many accounts, which were opened under the
1) 3 Lakh accounts
i b
Pradhan Mantri Jan Dhan Yojana (PMJDY), to enjoy the Overdraft facility?
2) 4 Lakh accounts
3) 2 Lakh accounts
a t
4) 10 Lakh accounts
19.
5) 7 Lakh accounts
p r
Brookfield Asset Management and which bank set up a joint venture with an initial commitment of over
u
$1 billion to make investments in businesses with stressed assets?
d
3) Yes Bank
n a 2) SBI
4) Kotak Mahindra Bank
20.
. e
5) Syndicate Bank
e
Federal Bank signed an agreement with Reliance Jio Money for one-click payment service. Federal
w w
Bank has base in ........
1) Kochi (Kerala) 2) Vadodara (Gujarat)
e t
w
3) Cuttack (Odisha) 4) Pune (Maharashtra)
. n
21.
5) Chennai (Tamilnadu )
h a
Which bank introduced a programme to provide solar lights in the non-electrified houses of students in
rural areas which it calls 'solar light scholarship'?
i b
1) Canara Bank
3) Karnataka Bank limited
a 4) SBI t
2) State Bank of Hyderabad
5) ICICI Bank
p r
du
22. "Do You Know Dr. APJ Abdul Kalam" written by ...........
1) Pranab Mukharjee 2) Margeret Alwa
3) M.K.Rasgotra
n a 4) Unnat Pandit
23. e
5) Ruskin Bond
e
Who is the author of the book "India Rising: Fresh Hope, New Fears" that chronicles India's journey
.
in the decade before Prime Minister Narendra Modi's rise?
w ww
1) Kushwanth Singh
3) Ravi Velloor
5) Raghuveer Chaudary
2) Padma Sachdev
4) Veerappa Moily
24. Which state launched Pashudhan Bima Yojana recently?

1) Andhra Pradesh 2) Maharashtra 3) Haryana 4) West Bengal
5) Telangana
25. Which State government constituted a State Technical Advisory Group on Immunisation (STAGI)
recently. It is formed on the lines of the National Technical Advisory Group on Immunization
(NTAGI)?
1) Jharkhand
5) Himachal Pradesh
2) Karnataka 3) Kerala 4) Haryana
e t
26.
n
In order to discourage unhealthy eating habits, which state announced imposing of a ''fat tax'' at
popular fast food restaurants?
.
1) Karnataka 2) Andhra Pradesh 3) Tamilnadu
h a
4) Kerala
27.
5) Delhi
International Youth Day celebrated on ......
i b
1) 29th August 2) 11st November
a t
3) 5th September 4) 12th August
28.
5) 28th February
p r
In a bid to create awareness about non fossil-fuels, which day observed as World Bio - Fuel Day?
1) 18th August
d u
2) 11th August 3) 2nd August 4) 10th August
29.
5) 21st August
n a
First Sustainable Development Goal Index (SDG Index) was released recently. Which nation topped in
.e
1) Swedene
this index?
2) India 3) Denmark 4) New Zealand
30.
w w
5) Austria
e t
Rank of India in the recently released inaugural Sustainable Development Goal Index (SDG Index) is
w
............
. n
1) 8
5) 116
2) 91 3) 110
h a 4) 83
31.
b
Who is the new Chief Executive Officer of Unique Identification Authority of India (UIDAI)?
i
1) Sujay Bose
3) Ajay Bhushan Pandey
a t
2) N.Viswanathan
4) A.K.Mathur
5) Nripender Mishra
p r
32.
u
To provide safe drinking water through pipe line to 25,000 rural habitations and 67 urban habitations,
Prime Minister Narendra Modi launched ''Mission Bhagiratha'' in which state on 7th August 2016?
d
1) Gujarat
n
5) Telangana a
2) Andhra Pradesh 3) Rajasthan 4) Maharashtra
33.
e e
Which state launched a unique Water Resources Information System to assess accurate reserves of
.
water in thousands of Tanks and reservoirs across the state on 6th August 2016? (New system will be
ww
set up by ISRO's National Remote Sensing Centre.)
1) Andhra Pradesh 2) Haryana 3) Telangana 4) Karnataka
34.
w
5) Uttarakhand
Which state decided to form a separate cell for the Primitive Tribes Group (PTG) in the Welfare
Department?
1) Uttar Pradesh 2) Rajastan 3) Jharkhand 4) Madhya Pradesh
5) Meghalaya
35. Which state declared to introduce a chapter in school syllabus against witch craft killings?
1) Kerala 2) Karnataka 3) Jharkhand 4) West Bengal
5) Haryana
36. New Chief Minister of Gujarat is Vijay Rupani. Who is the Deputy Chief Minister of Gujarat?
e t
1) Nirmal Kumar Singh
3) K.E.Krishnamurthy
2) Sukhbir Singh Badal
4) Nitin Patel
. n
5) Tejashwi Yadav
h a
37.
and Tunisia currency is ............
i b
Youssef Chahed appointed as the Prime Minister of Tunisia on 3rd August 2016. Tunisia capital is Tunis
1) Dollar
5) Dinar
2) Pound
a t
3) Peso 4) Rupee
r
up
38. New Chairperson of Central Board of Direct Taxes is ...........
1) T.S.Vijayan 2) U.K.Sinha
3) Santosh Kumar Gangwar
a d 4) Rani Singh Nair
39.
e n
5) Arjun Ram Meghwal
CCEA (Cabinet Committee on Economic Affairs) set a new formula to calculate production subsidy to
e
which mills for the ongoing 2015 - 16 season after taking into account of lower production and exports
.
on 3rd August 2016?
w t
w w
1) Food Processing
3) Sugar
2) Petroleum
4) Jute
n e
5) Cotton
a .
40.
1) Madav Chitale
b
2) Anand Desai h
Which committee was constituted to suggest possible alternatives to pellet guns as non-lethal weapons?
3) TVSN Prasad
i
4) Amith Mithra
t
5) Nachiket Mor
r
ANSWERSa
u p
1-5; 2-5; 3-1; 4-5; 5-2; 6-1; 7-5; 8-1; 9-4; 10-5; 11-1; 12-1; 13-1; 14-3; 15-5; 16-4; 17-1; 18-5; 19-2; 20-1;
39-3; 40-3.
a d
21-3; 22-4; 23-3; 24-3; 25-3; 26-4; 27-4; 28-4; 29-1; 30-3; 31-3; 32-5; 33-3; 34-3; 35-3; 36-4; 37-5; 38-4;
e n Writer: A. Veeraswamy
.e
w ww
BANK EXAMS
GENERAL AWARENESS
1. New Governor of RBI is .......
e t
1) N.Viswanathan
2) Rakesh Mohan
4) Urjith Patel
. n
5) Subhir Gokarn
h a
2.
i b
On 25th August 2016 UPI launched by RBI which revolutionize peer to peer payments in the country,
a step closer towards becoming a cashless economy. UPI stands for......
1) United Payments Interface
t
2) Unified Pay Interface
a
3) Unique Payments Interface
5) Unified Payments Interface
p r4) Union Payments Interface
3.
u
Which of the following statements is wrong related to Unified Payments Interface (UPI)?
d
n
code etc must be entered.
a
1) Currently in order to make payments in online, account number, account type, Bank name and IFSC
e
2) But once UPI introduced, interface allow account holders across banks to send and receive money
e
from their smart phones using just their Aadhaar number, mobile number or virtual payments
.
address without entering bank account details.
w w
3) This facility not available to private banks.
e t
w n
4) To initiate a transaction one can use two types of address - global or local. The bank provides
Virtual address similar to e-mail ID.
.
issuers is possible.
h a
5) Virtual address will allow, sending and receiving money from multiple banks and prepaid payment
4.
i b
The RBI has allowed only banks to become Payment Service Providers of UPI service and the Mobile
example for Mobile wallet?
a t
wallets are worrying that their prominence may go away. In this context, which of the following is
1) Paytm
3) Mobikwik
p r 2) Freecharge
4) Oxigen
d u
5) All of above are the Mobile wallets
5.
1) Yes Bank
n a
PhonePe, a Flipkart Group company and which bank launched UPI-based payment APP?
2) ICICI Bank
.e e
3) Andhra Bank
5) Bank of Baroda
4) Bank of India
6.
w ww
The benefit of UPI (Unified Payments Interface) system of transfer of money is....
1) immediate money transfer through mobile device round the clock 24 × 7 and 365 days.
2) single mobile application for accessing different bank accounts.
3) scheduling PUSH and PULL Payments for various purposes.
4) barcode (Scan and Pay) based payments.
5) All of above are the unique benefits of UPI.
R-9-9-16
7. Which of the following statement is correct relating to the benefit for the banks, once UPI introduced?
1) Universal Application for transaction
2) Payment basis Single/ Unique Identifier
3) Possibility of seamless merchant transactions
e t
4) Single click two factor authentication
5) All of above
. n
8.
a
Which of the following statement is correct relating to the benefit for the Merchants, once UPI
introduced?
h
1) Suitable for e-Com & m-Com transaction
i b
2) Tap customers not having credit/ debit
a t
3) Seamless fund collection from customers - single identifiers
p r
4) No risk of storing customer's virtual address like in Cards
9.
5) All of above
d u
Which of the following statement is correct relating to the benefit for the Merchants, once UPI (Unified
a
Payments Interface) introduced?
n
e e
1) Use of Virtual ID is more secure, no credential sharing
2) Single click authentication
.
w w
3) Single Application for accessing different bank accounts
4) Raise complaint from Mobile App directly
e t
w
5) All of above
. n
10. The UPI supports which of the following transactions/ Services ?
h a
1) It can do Pay Request. It means initiating customer is pushing funds to the intended beneficiary.
intended remitter by using Virtual ID.

i b
2) Collect Request is possible. It is a transaction where the customer is pulling funds from the
3) Generating OTP (One Time Password)

a t
4) Generate/ change PIN
p r
5) All of above transactions/ services available in UPI
11.
d u
Till now IMPS (Immediate Payment Service) is the faster mode of transfer of money. What is the
n a
additional benefit of UPI (Unified Payments Interface)?
1) Single click two factor authentication
.e e
2) Provides for a P2P Pull functionality
3) Single APP for money transfer
12.
ww
4) Simplifies Merchant Payments
w
5) All of above are the additional benefits of UPI
What is the present upper limit of fund transfer using UPI?
1) Rs.10,000 2) Rs.50,000
3) Rs.1 Lakh 4) Rs.2 Lakh
5) Rs.10 Lakh
13. The details of UPI given. Locate the wrong statement.
1) Bank customer needs to register with his/ her PSP (Payment Services Provider) before remitting
funds using UPI and link his accounts.
transferred on the basis of Virtual ID/ Account number and IFSC.

e t
2) Registration of Beneficiary is not required for transferring funds through UPI as the fund would be
3) Customer cannot link a wallet to UPI, only bank accounts can be added.
. n
as different accounts.
h a
4) One customer can use more than one UPI application on the same mobile and link both same as well
14.
5) All of above correct statements
i b
RBI constituted the Board for Payment and Settlement Systems in ....
1) 2008
5) 2012
2) 2007
r at
3) 2005 4) 2011
15.
p
NPCI initiated Unified Payments Interface. NPCI stands for ......
u
1) National Pay Corporation of India
a
2) National Payments Company of India d
n
3) National Payments Corporation of Initiation
e
e
4) National Payments Corporation of India
.
5) Nodal Payments Corporation of India
w t
16.
w
1) 2010 2) 2011 3) 2009 4) 2008
n e
NPCI is an umbrella organization for all retail payments system in India. It was incorporated in ......
w
5) 2013
a .
17. National Payments Corporation of India (NPCI) headed by ........
1) Raghuram Rajan
b h
3) K.R.Kamath
i
4) M.Balachandran
t
18.
5) Urjith Patel
r a
To take the banking services to every common man across the country, NPCI (National Payments
context, USSD stands for .........

u p
Corporation of India) launched ∗99# service. The ∗99# service worked on USSD channel. In this
d
1) Unity Supplementary Service Data
a
e n
2) Unstructured Support Service Data
3) Unstructured Single Service Data
.e
4) Unstructured Supplementary Simple Data
ww
5) Unstructured Supplementary Service Data
∗99# service introduced in the mobile phones for the inclusion of under banked society. It was launched
19.
w
by Narendra Modi on 28th August 2014 as part of Pradhan Mantri Jan Dhan Yojana (PMJDY). Which
service available under this service?
1) Check the balance 2) Fund transfer
3) Mini statement request 4) All of above services available
5) None of above service available
20. ∗99∗99# is a USSD based value added service from NPCI that facilitates the customers ........
1) to know the Rupee and Dollar reference rate.
2) to check the balance in their bank account at the end of last month.
3) to check the credit of TDS in his bank account after 30th September in every year.
e t
4) to check the status of his/ her Aadhaar number seeding/ linking in the bank account.
5) to know whether the OD was granted under JDY account.
. n
21.
up wrong statement.
h a
On 25th August 2016, RBI issued a notification regarding the loans to women Self Help Groups. Pick
b
1) SHGs will be eligible for interest subvention on credit up to Rs.3 lakh.
i
Livelihood Mission.
a t
2) The rate of Interest is at 7% per annum under Deendayal Antyodaya Yojana-National Rural
p r
3) However SHGs availing capital subsidy under Swarnajayanti Gram Swarozgar Yojana (SGSY) in
their existing credit outstanding will not be eligible for benefit under this scheme.
5) All of above statements correct

d u
4) The banks lend to a women SHGs in 250 districts as per this notification.
22.
n a
Chillr and Federal Bank joined hands for cashless transactions. Chillr is a ....
.e e
1) Small Finance Bank
2) New Payment rank
w w
3) Mobile banking application
4) HDFC bank subsidiary Co-ordinated mutual fund company
e t
w
5) Insurance company
. n
23.
a
Which bank launched a payment service using a smart phone keyboard named 'iMobile SmartKeys' to
make mobile payments easier?
h
1) Andhra Bank 2) SBI
i b
3) ICICI Bank
a t
4) HDFC
24.
r
Jawaharlal Nehru Port Trust in Navi Mumbai signed an agreement with SBI and Development Bank of
p
Singapore for ECB to the tune $400 Million. In this context, the term ECB stands for .....
du
1) Exit Commercial Borrowing 2) Elective Commercial Borrowing
n a
3) External Commercial Board
5) External Commercial Borrowing
4) Economical Commercial Borrowing
25.
.e e
11th G - 20 summit concluded at....
1) Hangzhou of China 2) Tokyo of Japan
ww
3) New Delhi of India 4) Rome of Italy
w
5) Ottawa of Canada
ANSWERS
1-4; 2-5; 3-3; 4-5; 5-1; 6-5; 7-5; 8-5; 9-5; 10-5; 11-5; 12-3; 13-5; 14-3; 15-4; 16-4; 17-4; 18-5; 19-4; 20-4;
21-5; 22-3; 23-3; 24-5; 25-1.
BANK EXAMS
GENERAL AWARENESS
1.
e t
Sovereign Gold Bond 2016 - 17 - Series II issued from 1st September to 9th Sep 2016. These bonds
issued by RBI on behalf of ..........
1) SBI 2) World Bank
. n
3) Muthoot Finance 4) Government of India
h a
2.
5) National Stock Exchange
i b
The SGB (Sovereign Gold Bond) will be issued to the buyers on .......
1) 23rd November
a t
2) 23rd October
3) 23rd December
5) 23rd September
p r 4) 13th September
3.
u
Under the Sovereign Gold Bond 2016 - 17 - Series II, instead of buying physical gold, Indian
d
residents can buy the Gold Bonds. These Bonds would be issued for the term of 8 years with exit option
from ........
n a
e e
1) 5th year
5) 3rd year
.
2) 7th year 3) 1st year 4) 2nd year
4.
w
Minimum permissible investment allowed under the SGB 2016 - 17 - Series II will be .....
w
1) 3 grams 2) 8 grams 3) 1 gram 4) 20 grams
e t
w 5) 12 grams
. n
5. Who among the following eligible to buy SGB Bonds?
1) Individuals
h a
2) HUFs
i b
3) Trusts
4) Universities and Charitable Institutions
a t
5) All of above
p r
6.
u
Maximum amount subscribed by an entity will not be more than ........ grams per person per fiscal year
under SGB scheme.
d
1) 100
5) 250
n a
2) 10 3) 500 4) 1000
7.
e e
Wrong statement regarding SGB scheme is ........
.
ww
1) Bonds are eligible for conversion into DEMAT form.
2) Bonds will be tradable on stock exchanges.
w 3) The interest accrued on Gold Bonds shall not be taxable under Income Tax Act, 1961.
4) Capital gains tax arising on redemption of SGB to an individual has been exempted.
5) Bonds will be sold through banks, designated post offices, National Stock Exchange of India
Limited and Bombay Stock Exchange, either directly or through agents.
5) KYC (Know Your Customer) compulsory to buy.
R-17-9-16
8. Under the Sovereign Gold Bonds Scheme investors earn interest rate up to ........ payable
semi - annually on the initial value of investment.
1) 2.75 % per annum 2) 1.75 % per annum
3) 8.75 % per annum
5) 7.75 % per annum
4) 4.75 % per annum
e t
9.
. n
SGB can be used as collateral for loans and for this purpose LTV ratio is to be set equal to ordinary
1) Libor-To-Value
h
2) Linked-To-Value a
gold loan mandated by the RBI from time to time. In this context, LTV stands for ........
3) Liability-To-Value
b
4) Loan-To-Value
i
10.
5) Locker rent-To-value
a t
RBI announced the launch of the September round of inflation expectations survey of households
1) 9 2) 10 r
covering ........ cities across the country on 22nd August 2016.
p 3) 18 4) 12
5) 16
d u
11.
n a
18th meeting of Sub-committee of Financial Stability and Development Council (FSDC) held on
29th August 2016 at Mumbai discussed the global and domestic fronts that impact on the financial
e
stability of the country. This committee headed by ........
e
1) Governor, RBI
. 2) Chairman, IRDAI
w w
3) Chairman, PFRDA
4) Chairman, SEBI
e t
12.
w . n
HDFC ERGO General Insurance Company Limited is a joint venture between HDFC Ltd. and ERGO
International AG. ERGO has base in........
1) UK 2) Australia 3) Germany
h a4) Japan
5) Italy
i b
13. Takehiko Nakao recently reelected as the president of ........
a
1) International Bank for Reconstruction and Development t
2) International Monetary Fund
p r
d u
3) International Finance Corporation
5) Asian Development Bank
n a
'Project Ananya' launched by which bank on 10th August 2016 aimed at digital banking, to transform
14.
e e
10% of its branches to the new format in the next 6 - 12 months?
.
1) Syndicate Bank 2) Andhra Bank
15. w ww
3) Punjab National Bank
4) Karur Vysya Bank Limited
NABARD on 9th August 2016 sanctioned Rs.26.06 crore to ........ for tackling water logging by
constructing lift schemes in low - lying areas, village ponds and other allied works.
1) Andhra Pradesh 2) Telangana 3) Bihar 4) Punjab
5) Uttar Pradesh
16. Korea Development Bank and ........ signed MOU to enhance business synergies, which outlines the
plan to enhance cooperation in areas including corporate finance, project finance and asset finance.
1) SBI 2) Bank of Maharashtra
3) Punjab and Sind Bank
5) RBL Bank
4) Indian Bank
e t
17.
. n
On 9th September 2016, RBI instructed banks to accept cash deposits at the counter from people
1) Income Deposit Scheme

h a
declaring unaccounted wealth under the IDS. In this context, IDS stands for ........
2) Income Disclosure Scheme
3) Income Derivative Scheme
b
4) Income Dole Scheme
i
18.
5) Income Declaration Scheme
a t
Under Income Declaration Scheme (IDS) 2016 who can declare the undisclosed income / Investment
1) Individuals
p r
in any asset, representing undisclosed income relating to any financial year up to 2015 - 16?
2) HUF
3) Association Of Persons (AOP)
d u 4) Companies
19.
5) All of above
n a
Declaration made under IDS scheme attract ........
e e
1) Tax @ 30% of undisclosed income.
.
2) Surcharge @ 7.5% of undisclosed income.
w w
3) Penalty @ 7.5 % of undisclosed income.
e t
w
4) All of above make the total payment of 45% of the undisclosed income.
.
5) Need not pay any tax / surcharge by the person / entity on undisclosed income. n
20.
h a
Which of the following benefit given to the declarant who declares the undisclosed income under IDS
2016?
1) No Wealth Tax on assets declared.
i b
t
2) No scrutiny or enquiry under Income-Tax Act in respect of declaration.
a
p r
3) Immunity from prosecution under Income Tax in respect of declaration.
4) Immunity from Benami Transactions (Prohibition) Act, subject to transfer of assets by the
d u
benamidar to the real owner before 30 - 9 - 2017.
5) All of above are the benefits avail to the declarant.
21.
n a
Cabinet Committee on Economic Affairs (CCEA) on 12th September 2016 approved the proposal of
e
the Department of Consumer Affairs (DCA) on enhancing the buffer stock for pulses up to ........
e
1) 10 lakh tonnes
.
2) 25 lakh tonnes
ww
3) 20 lakh tonnes 4) 30 lakh tonnes
5) 40 lakh tonnes
22.
w
Union government issued flexi-fund guidelines that give more freedom to states in spending money
under the Centrally Sponsored Schemes (CSS) to meet local developmental requirements. As per these
guidelines, flexi-funds for states in CSS have been increased from the current 10% to ........
1) 25% 2) 20% 3) 35% 4) 30%
5) 50%
23. Flexi-funds for each CSS in the case of Union Territories increased from current 10% to ........
1) 30% 2) 40% 3) 45% 4) 50%
5) 100%
24.
t
Which of the following statement is not one among the guidelines relating to new flexi-fund rules for
states under Centrally Sponsored Schemes (CSS)?
e
1) Funds can be spent for local needs and requirements.
. n
2) Funds can be used for pilot innovation to improve efficiency.
3) Prior permission of Finance commission compulsory.
h a
i b
4) Funds can be used to undertake mitigation or restoration activities in case of natural calamities.
25.
a t
5) Flexi-fund facility is not for CSS which emanate from a legislation, like MNREGA.
Fresh guidelines for flexi-fund for CSS approved by Union Cabinet on 3rd August 20016 based on the
r
recommendation of the sub-group of Chief Ministers that was set up by .........
1) NITI Aayog
3) Planning Commission
d up 2) Finance Commission
4) CAG
5) FSDC
n a
On 12th September 2016, Union Cabinet approved the creation of the Higher Education Financing
26.
e e
Agency (HEFA) to give a major push for creation of high quality infrastructure in premier
.
educational institution with an authorized capital of ........
w w
1) Rs.1000 crores 2) Rs.5000 crores
e t
w
3) Rs.10 crores
5) Rs.2000 crores
4) Rs.500 crores
. n
27.
a
HEFA is the joint venture of identified Promoter and the Ministry of Human Resource Development
h
(MHRD). Present HRD Minister Prakash Javadekar representing to Rajyasabha from ........
1) Gujarat
i b
2) Maharashtra
3) Madhya Pradesh
5) Rajasthan
a t
4) Uttar Pradesh
28.
p r
Durand Cup (football) 2016 clinched by Army Green defeating ........
1) Sporting Clube de Goa
3) Gangtok Himalayan SC
d u 2) DSK Shivajians
4) NEROCA FC
n
5) Real Kashmir FC
a
29.
.
1) 1862 e
Durand Cup founded in ........
e 2) 1916 3) 1889 4) 1888
ww
5) 1869
15th summer Para Olympics kicked off at Rio de Janeiro, Brazil recently. Summer Para Olympics in
30.
w
2020 will be held at ........
1) Tokyo 2) Sochi
3) Pyeongchang 4) Beijing
5) London
31. Who has won gold in the men's javelin throw at Para Olympics 2016?
1) Naresh Sharma 2) Suyash Narayan
3) Devendra Jhajharia 4) Sundar Singh Gurjar
5) Prem Bhatia
e t
32. Mariyappan Thangavelu clinched gold medal in Para Olympics in ........
1) Wheel chair Tennis 2) Swimming
. n
3) High Jump 4) Shot put
h a
33.
5) Archery
i b
Deepa Malik created history by becoming the first ever Indian woman to win a silver medal at the Para
1) Tennis
a t
Olympics on 12th September 2016. She belongs to which sport?
2) Javelin Throw
3) 100 meters track
p r 4) Shot put
34.
5) Weightlifting
d u
Which Indian got bronze medal in the Men's High Jump event in Rio Para Olympics 2016?
1) Sharad Kumar
n a 2) Ranbir Narender
.e e
3) Varun Singh Bhati
5) Virender Dhankar
4) Amit Kumar
35.
w t
As per the latest "Swachh Survekshan Gramin 2016" report released by Ministry of Drinking Water and
w
Sanitation, which was adjudged as the cleanest state in terms of rural sanitation?
e
w
1) Sikkim 2) Kerala 3) Nagaland
.4) Goa
n
36.
5) Manipur
Karen Karapetyan became new Prime minister of ........
h a
1) Armenia
5) Kazakhstan
2) Azerbaijan 3) Latvia
t ib 4) Ukraine
37.
r a
Union Cabinet on 31st August 2016 given its approval to create a Project Development Fund (PDF)
with a corpus of Rs.500 Crore for catalysing Indian economic presence in the CLMV nations. CLMV
p
stands for Cambodia, Laos, Myanmar and .........
du
1) Vietnam 2) Vanuatu 3) Vatican City 4) Venezuela
5) Virginia Islands
n a ANSWERS
e e
1-4; 2-5; 3-1; 4-3; 5-5; 6-3; 7-3; 8-1; 9-4; 10-3; 11-1; 12-3; 13-5; 14-1; 15-4; 16-1; 17-5; 18-5; 19-4; 20-5;
.
ww
21-3; 22-1; 23-1; 24-3; 25-1; 26-5; 27-3; 28-4; 29-4; 30-1; 31-3; 32-3; 33-4; 34-3; 35-1; 36-1; 37-1.
w
BANK EXAMS
GENERAL AWARENESS
1. RBI updated KYC norms on 2nd September 2016. In this context, KYC stands for ......
e t
1) Know Your Copy 2) Know Your Custom
. n
3) Know Your Customer
5) Know Your Cashier
4) Know Your Credential
h a
2. Which of the following statement is correct regarding KYC?
i b
a t
1) KYC is a process by which banks obtain information about the identity and address of the customers.
2) KYC procedure is to be completed by the banks while opening accounts.
p r
3) Banks required periodically update their customers' KYC details.
5) All of above
d u
4) KYC process helps to ensure that banks' services are not misused.
3.
n a
As per RBI update rules of KYC, what are the KYC requirements for opening a bank account?
.e e
1) Proof of identity
3) Recent photograph
2) Proof of address
4) None of them required
w
5) All of above required
w e t
4.
w n
Which of the following documents is not one of the 'proof of identity' in KYC as per RBI directions?
1) PAN Card
.
2) Aadhar Card
h a
3) Birth Chart issued by famous Astrologer
4) NREGA Job Card
i b
5) Voters' Identity Card
a t
5.
r
Government of India has notified six documents as OVDs for the purpose of producing proof of
identity. In this context, OVD stands for ......
p
1) Officially Voter Documents
3) Officially Void Documents
d u 2) Officially Valid Documents
4) One Valid Documents
n
5) Over Valid Documents
a
6.
e e
If any person does not have any of the listed documents named as 'proof of identity', whether that
person can open a bank account?
.
ww
1) No, he cannot open account.
2) Yes, he can open account and after 10 days he can submit Identity Proof.
w 3) Yes, the customer can open account in RBI, as RBI can give current account to individuals effective
from 1st July 2016.
4) Yes, he can still open a bank account known as 'Small Account' by submitting recent photograph and
putting signature or thumb impression in the presence of the bank official.
5) Yes, by taking special permission from State Government.
R-28-9-16
7. Usually Small Accounts will have limitations. As per the limitations, at any point of time, the
maximum balance in the account should not exceed ..........
1) Rs.50,000 2) Rs.1,00,000
3) Rs.1,000
5) Rs.75,000
4) Rs.10,00,000
e t
8.
. n
Total credits in one year should not exceed .... in Small Accounts as per the order of RBI.
1) Rs.10,00,000
3) Rs.1,000
2) Rs.8,00,000
4) Rs.5,00,000
h a
5) Rs.1,00,000
i b
9.
1) Rs.1000 2) Rs.20,000 t
In the Small Accounts, total withdrawal and transfers in a month should not exceed .......
a3) Rs.50,000 4) Rs.10,000

5) Rs.1,00,000
p r
10.
u
Whether Foreign remittances can be credited in Small Accounts?
1) Yes, but up to $ 1000 per month
d
n a
2) Yes, but up to $ 50 per month
3) No
4) Yes
.e e
w
5) None of above option correct
w e t
11.
w
Small Accounts remain operational initially for a period of ......... if the customer does not provide any
. n
of the valid documents and thereafter, for a further period of 12 months if the holder of such an account
provides evidence to the bank of having applied for any of the officially valid documents.
1) 6 months 2) 3 months 3) 18 months
h a 4) 12 months
12.
5) 24 months
i b
Which of the following document cannot be produced as Proof of Address (PoA) as per the updated
KYC rules?
a t
water bill etc).
p r
1) Utility bill, which is not more than two months old, of any service provider (electricity, telephone,
d u
2) Bank account or Post Office savings bank account statement.
3) Any hotel bill proved staying of 3 days.
n a
4) Property or Municipal Tax receipt.
e e
5) Documents issued by Government departments of foreign jurisdictions or letter issued by Foreign
Embassy or Mission in India.
.
ww
13. Banks required to categorise their customers based on risk assessment in three categories as per
depending on their AML risk assessment as per the RBI directions. These three categories are ........
w
1) Rich, Poor and Middle Class People
2) Low, Medium and High
3) Brown, Black and Red
4) 1, 2, and 3
5) Territorial, Extra Territorial and None
14. e - KYC refers to electronic KYC. e - KYC is possible only for those who have Aadhaar numbers.
Aadhar Card issued by Unique Identification Authority of India (UIDAI). Who was appointed as the
part - time Chairman of UIDAI on 8th September 2016?
1) U.K. Sinha
3) Devendra Sikri
2) T.S. Vijayan
4) Alka Sirohi
e t
5) J. Satyanarayana
. n
15.
a
APB implemented by National Payments Corporation of India (NPCI), which uses Aadhaar number as
a central key for electronically channelizing the Government subsidies and benefits. APB stands for
.......
h
1) Aadhaar Payment Bridge
i b
2) Aadhaar Point Bridge
3) Aadhaar Pool Bridge
5) Aadhaar Payment Brand
a t
4) Aadhaar Payment Book
16.
p r
As per the order of RBI, KYC exercise needs to be done for all those who want to make domestic
1) Rs.50,000 u
remittances of ......... and above and all foreign remittances.
d
2) Rs.5,00,000 3) Rs.10,000 4) Rs.1,000
5) Rs.5,000
n a
17.
.e e
Banks can close the account of customer, if customer does not provide the KYC documents at the time
of periodic updation. Before closing the account, the bank may, however, impose 'partial freezing',
Banks have to give due notice of three month sand reminder for further period of ........
w w
1) Six months 2) Three months
e t
w
3) Two months
5) Eight months
4) Ten months
. n
18.
a
Which bank has bagged four awards for inclusive insurance for 2016 from Skoch Group?
h
1) Telangana Gramin Bank
2) Puduvai Bharathiyar Grama Bank
i b
3) Karnataka Vikas Grameena Bank
a t
4) Andhra Pradesh Gramin Vikas Bank
5) Pradhama Gramin Bank
p r
19.
u
India signed MoU with African Development Bank (AfDB) Group to host the next annual meetings at
d
Mahatma Gandhi Convention Centre, Ahmedabad from 22nd May to 26th May 2017. Where is the
a
head quarter of African Development Bank (AfDB) Group?
en
1) Algiers (Algeria) 2) Cairo (Egypt)
.e
3) Port Louis (Mauritius) 4) Abidjan (Ivory Coast)
ww
5) Victoria (Seychelles)
20. In which year, African Development Bank (AfDB) was established?
21.
w
1)1945
5) 2016
2) 1966 3) 2015
How many member nations are there in African Development Bank (AfDB)?
4) 1964
1) 189 2) 67 3) 78 4) 57
5) 5
22. Who is the Nigerian National is the present head of African Development Bank (AfDB)?
1) Jim Yong Kim 2) Take Hiko Nakao
3) Akinwumi Adesina 4) Jin Liquin
5) K.V. Kamath
e t
23.
1) National Apprenticeship Policy Scheme.
. n
Which scheme recently notified to offer financial incentives to employers on 1st September 2016?
2) National Appendix Promotion Scheme.
h a
3) National Apprenticeship Promotion Scheme.
4) National Apprenticeship Price Scheme.
i b
5) Ninth Apprenticeship Promotion Scheme.
a t
24.
r
Under National Apprenticeship Promotion Scheme (NAPS), an outlay of Rs.10,000 crore granted with
up
a target of 50 lakh apprentices to be trained by ......
1) 2019 - 20 2) 2018 - 19 3) 2021 - 22 4) 2024 - 25
5) 2017 - 18
a d
25.
n
Indian Railway will provide insurance cover up to 10 lakh rupees for passengers travelling on
e
e - ticket after paying a premium of ...
1) Rs.1
w.
5) Rs.5e 2) 25 paise 3) Rs.2 4) 92 paisa
t
26.
w e
For insuring its passengers, the Indian Railways selected three insurance companies. They are Shriram
w
General Insurance, ICICI Lombard General Insurance and ......
n
1) Royal Sundaram General Insurance 2) LIC
a .
3) Max Bhupa Health Insurance
5) Bajaj Allianz
4) HDFC Ergo
b h
27.
i
Nadia Murad Basee Taha appointed as UN Goodwill Ambassador for the Dignity of Survivors of
t
Human Trafficking of the UN Office on Drugs and Crime (UNODC). She belongs to ........
1) Pakistan
5) Lebanon
2) Afghanistan
p ra 3) Syria 4) Iraq
28.
u
United Nations Office on Drugs and Crime (UNODC) was established in ........
d
1) 1997
5) 1972
n a
2) 1945 3) 1946 4) 1964
29.
e e
Under Vanbandhu Kalyan Yojna scheme, Rs.4,800 crore funded irrigation and drinking water supply
projects in tribal areas of .......... launched by PM on 17th September 2016.
.
ww
1) Gujarat 2) Assam 3) Chattisgarh 4) Andhra Pradesh
30. w
5) Tamilnadu
World Economic Freedom Index 2016 declared. Indiaís rank in this index stood at.... (Hong Kong holds
first rank)
1) 100 2) 120 3) 112 4) 10
5) 32
31. Which scheme was launched to support and promote organic farming and thereby improving soil
health? The Scheme encourages farmers to adopt eco - friendly concept of cultivation and reduce their
dependence on fertilizers and agricultural chemicals to improve yields.
1) The Pradhan Mantri Fasal Bima Yojana
2) eNAM
e t
3) Paramaparagat Krishi Vikas Yojana
. n
4) Pradhan Mantri Krishi Sinchai Yojana
5) Kisan Vikas Patra
h a
32.
b
As per latest RBI report, which state has topped in attracting industrial investments in 2015 - 16 with
i
an investment of Rs 21,914 crore out of the Rs 1,38,700 crore Gross Investments across India?
1) Andhra Pradesh
a t
2) Gujarat
3) Maharashtra
5) Karnataka
p r 4) Tamil nadu
33.
d u
Who headed the committee that was constituted to look into the alternatives to pellet guns to disperse
crowd?
1) Madhukar Guphta
n a 2) Traun Ramadorai
.e e
3) T.V.S.N. Prasad
5) P.K. Sinha
4) Ratan P. watal
34.
w
Theme of the 'International Day for the Preservation of the Ozone Layer' 2016 is....
w e t
w
1) Ozone and climate: Returned by a world united
2) Ozone and Atmosphere: Restored by a world united
. n
3) Ozone and Oxygen: Restored by a world united
h a
4) Ozone and climate: Targeted by a world united
5) Ozone and climate: Restored by a world united
i b
35.
a t
Water Resources Ministry and Agriculture Ministry on 16th September 2016 made MoU to develop
organic farming in over 5000 villages along the banks of ......... river in each Gram Panchayat
r
representing a cluster under Paramaparagat Krishi Vikas Yojana.
p
1) Godavari
5) Narmada
d u
2) Krishna 3) Ganga 4) Kaveri
n a ANSWERS
.e e
1-3; 2-5; 3-5; 4-3; 5-2; 6-4; 7-1; 8-5; 9-4; 10-3; 11-4; 12-3; 13-2; 14-5; 15-1; 16-1; 17-2; 18-3; 19-4; 20-4;
21-3; 22-3; 23-3; 24-1; 25-4; 26-1; 27-4; 28-1; 29-1; 30-3; 31-3; 32-1; 33-3; 34-5; 35-3.
ww
w
BANK EXAMS
GENERAL AWARENESS
1. RBI announced its Fourth Bi - Monthly Monetary Policy Review on ...........
e t
1) 1st October 2016 2) 30th September 2016
. n
3) 4th October 2016
5) 2nd October 2016
4) 21st September 2016
h a
2.
i b
On 4th October 2016, first time the MPC announced its Monetary Policy review, after its establishment.
In this context, MPC stands for ...........
1) Money Policy Committee
a t
2) Monetary Policy Consortium
3) Money Primary Committee
p r 4) Monetary Public Committee
3.
5) Monetary Policy Committee
d u
In the Monetary Policy Committee, the six members are ...........
a
1) Two members represented from RBI and four members selected by government of India.
n
e e
2) Three from RBI, one from commercial banks and two represented by government of India.
3) One from RBI, five members sends by government of India.
.
w w
4) Three members represented from RBI and three members appointed by Central Government.
5) In the amended Act, the composition of MPC not mentioned.
e t
4.
w n
As part of Monetary Policy Committee three members from RBI are, the RBI governor Urjith Patel,
Deputy Governor RBI in charge of Monetary Policy R. Gandhi and ...........
.
1) Michael Patra, the Executive Director of RBI.
h a
i b
2) Ms. Anjuly Chib Duggal Secretary, Department of Financial Services.
3) Professor Damodar Acharya, the Director in Central Board of Directors, RBI.
a t
4) Bharat Narotam Doshi, the Director in Central Board of Directors, RBI.
5.
5) Chief Ombudsman of RBI.
p r
Union Government appoints three members to the Monetary Policy Committee (MPC) on the
u
recommendations of a Search-cum-Selection Committee, which will be headed by ...........
d
1) Cabinet Secretary
n
3) Principal Secretary to PM a 2) Finance Secretary
4) Vice-Chairman, NITI Aayog
6.
. e
5) Prime Minister of India
e
Appointments Committee of the Cabinet (ACC) on 22nd September 2016 approved the names of three
ww
members to Monetary Policy Committee. They are Chetan Ghate, Pami Dua and ...........
w 1) Ravindra Dholakia
2) Raman Subramaniam
3) Rammohan Rao Jamili
4) Ketan Vatsav
5) Rakesh Mohan
R-10-10-16
7. Monetary Policy Committee headed by .......
1) Finance Minister
2) Chief Economic Advisor to Government of India
3) RBI Governor
e t
4) Chief Economic advisor to Prime Minister of India in Economic affairs
5) Secretary, Economic Affairs Government of India
. n
8.
a
In the MPC (Monetary Policy Committee), there will be six members. In case there is tie at the time of
voting, then ...........
h
1) Resolution will be introduced again
i b
2) Finance Minister will be called to cast extra vote
a
3) Governor will have Veto power to drop the resolutiont
4) Governor of RBI will have Casting vote
p r
9.
d u
5) Chief Economic Advisor to Government of India will have casting vote
RBI lends money to commercial banks in the event of any shortfall of funds at the rate of ..........
1) Statutory Lending Rate
n a 2) Reverse Repo Rate
.e e
3) Repo Rate
5) RBI Reference Rate
4) Cash Reserve Ratio
10.
w w
On 4th October 2016, RBI cut the short-term lending rate, or Repo rate by ...........
e t
w
1) 50 basis points
5) 25 basis points
2) 100 basis points 3) 125 basis points 4) 75 basis points
. n
11. Present Repo Rate fixed at ...........
h a
1) 6.25%
5) 4.0%
2) 6.5% 3) 7.0%
i b 4) 21%
12.
t
The newly-formed Monetary Policy Committee (MPC) cited which is the primary reason to reduce the
Repo Rate on 4th October 2016?
a
1) Increasing oil prices
p r
3) Increasing inflation
d u
2) Recent license to 'On Tap Licensing system' of RBI
a
4) Increasing GDP in the first half of 2016 - 17 Financial Year
n
13. e
5) Decreasing inflation
e
Reverse Repo Rate under the LAF stands adjusted to ...........
.
ww
1) 6.0% 2) 6.25% 3) 5.75% 4) 5.25%
5) 5.50%
14.
w
LAF stands for ...........
1) Liquidity Adjournment Facility 2) Liquidity Adjustment Facility
3) Liability Adjustment Facility 4) Liquidity Addition Facility
5) LIBOR Adjustment Facility
15. Reverse Repo Rate means ...........
1) at what rate of interest, RBI borrows money from world bank for the development of the economy.
2) at what rate of interest, commercial banks barrow money from the individuals to cross the liquidity
crunch.
3) at what rate of interest, RBI borrows money from commercial banks.
e t
4) at what rate of interest, banks barrow funds from RBI.
. n
16.
5) at what rate of interest RBI provide loans to state government.
h a
Which of the following term refers to the rate at which the scheduled banks can borrow funds overnight
from RBI against government securities?
i b
1) SLR (Statutory Liquidity Ratio)
3) MSF (Marginal Standing Facility)
a t
2) CRR (Cash Reserve Ratio)
4) BR (Bank Rate)
5) PLR (Primary Lending Rate)
p r
17.
1) 6.75% 2) 4.75% u
After Monetary Policy Review, Marginal Standing Facility (MSF) stands at .........
d 3) 6.5% 4) 4.50%
5) 6.0%
n a
18.
.e e
CRR is a specified minimum fraction of the total deposits of customers, which commercial banks have
to hold as reserves either in cash or as deposits with the central bank. In this context, CRR stands for
.........
w w
1) Cash Random Reserve 2) Cash Reel Reserve
e t
w
3) Cash Reserve Ratio
5) Credit Rope Ratio
4) Credit Reserve Ratio
. n
19. Present CRR (Cash Reserve Ratio) stands at .........
h a
1) 4%
5) 4.75%
2) 6.5% 3) 4.5%
i b 4) 5%
20.
t
The ratio of liquid assets to NDTL is called statutory liquidity ratio (SLR). In this context, NDTL stands
for .........
a
1) Net Demand and Total Liabilities
p r
3) Net Demand and Time LIBOR
d u
2) Net Dividend and Time Liabilities
n a
4) Net Drought and Time Liabilities
21.
. e
5) Net Demand and Time Liabilities
e
Statutory Liquidity Ratio (SLR) stands at .......
ww
1) 21% 2) 20.50% 3) 20% 4) 20.75%
22. w
5) 21.25%
RBI retained its GDP growth projection for this fiscal year at .......... in the recent declared Monetary
Policy Review.
1) 7.2 percent 2) 6.6 percent 3) 7.6 percent 4) 8.6 percent
5) 7.0 percent
23. Retail inflation is expected to be .......... by March 2017 with upside risk, as per the statement given by
RBI.
1) 5.5 percent 2) 6.5 percent 3) 5.0 percent 4) 7.0 percent
24.
5) 4. 5 percent
e t
RBI and the Government of India set a new retail inflation target of .......... for the next five years.
1) 1.5% 2) 2.5% 3) 4.0%
. n
4) 4.5%
25.
5) 5.25%
h a
Which bank signed MoU with Birla Sun Life Asset Management Company for distribution of mutual
fund products on 1st October 2016?
i b
1) Corporation Bank
3) Karnataka Bank Ltd
a t
2) Axis Bank
4) IDBI
5) ICICI
p r
Government of India on 26th September 2016 sacked Sushil Muhnot as the chairman and managing
26.
director of ..........
d u
1) State Bank of India
3) Syndicate Bank
n a 2) Bank of Maharashtra
27.
.e e
Ekparivar, Ek Bank is the punch line of .......
w w
1) State Bank of Hyderabad 2) Corporation Bank
e t
w
5) Bank of Maharashtra
4) Canara Bank
. n
28.
h a
Bank of Maharashtra bagged prestigious SKOCH AWARD 2016 in the field of Financial Inclusion.
ib
Where is the head quarter of this bank?
1) Mumbai 2) Pune 3) Chennai 4) Hyderabad
5) Kolkata
a t
29.
purchasing paddy in the state of ..........
p r
On 26th September 2016, RBI recently gave approval to Rs.26,000 crore cash credit limit (CCL) for
1) Andhra Pradesh
5) Punjab
d u
2) Tamilnadu 3) Haryana 4) Himachal Pradesh
30.
a
Which bank has bagged four awards for inclusive insurance for 2016 from Skoch Group?
.e en
1) Andhra Pradesh Grameena Vikas Bank
3) Karnataka Vikas Grameena Bank
2) Puduvai Bharathiar Grama Bank
4) Telangana Grameena Bank
ww
5) Prathama Bank
31. Asian Development Bank (ADB) has approved $ 631 - mn loan to develop the proposed .......... coastal
w
industrial corridor.
1) Visakhapatnam - Chennai
3) Visakhapatnam - Kolkata
2) Mumbai - Goa
4) Mangalore - Ahmadabad
5) Gandhinagar - Kollam
32. President Obama on 25th August 2016 nominated whom for a second five-year term as president of the
World Bank despite persistent complaints among employees about his leadership at a time when the
mission of the global development institution is in question?
1) Jim Yong Kim
3) Anthony Lake
2) Ban Ki Moon
4) Margaret Chan
e t
5) Raghuram Rajan
. n
33.
1) Benars Hindu University
h a
Axis Bank tied up with which university to offer specialised banking courses on 14th September 2016 ?
2) Osmania University
i b
3) Bangalore University
4) Indira Gandhi National Open University
a t
5) Calicut University
p r
34.
u
Creating one of the largest bancassurance partnerships in India, Axis Bank tied up with .......... enable
d
them to combine and utilise the synergies for enhancing customer satisfaction.
3) LIC
n a
1) Insurance Australia General 2) BNP Paribas
4) Lombard
e e
5) Prudential
.
35.
w w
Who was recently appointed as the Non-Executive chairman of the Axis Bank?
1) M.S.K. Sharma 2) Aditya Puri
e t
w
3) Sanjiv Sharma 4) Shikha Sharma
. n
36.
5) Rana Kapoor
h a
Which is the first bank from India raised $ 500 million via dollar - denominated green bond recently?
1) ICICI 2) Yes Bank
b
3) Axis Bank
i
4) SBI
37.
5) OBC
a t
Indian Air Force exercised the Disaster Relief Exercise by what name in Gujarat on September
14th 2016?
1) Eku Viran
p r 2) Iron Fist
3) Lonely Planet
5) Ex Varsh
a du 4) Ex Sahayata
e n ANSWERS
.e
1-3; 2-5; 3-4; 4-1; 5-1; 6-1; 7-3; 8-4; 9-3; 10-5; 11-1; 12-5; 13-3; 14-2; 15-3; 16-3; 17-1; 18-3; 19-1; 20-5;
ww
21-4; 22-3; 23-3; 24-3; 25-3; 26-2; 27-5; 28-2; 29-5; 30-3; 31-1; 32-1; 33-1; 34-3; 35-3; 36-3; 37-4.
w
BANK EXAMS
GENERAL AWARENESS
1.
e t
On 6th October 2016, the Operating Guidelines for Payment banks issued. The guidelines for Licensing
of Payment banks earlier passed by RBI on ...
1) 1st April 2016 2) 26th January 2016
. n
3) 1st January 2014
h
4) 21st November 2015 a
5) 27th November 2014
i b
As per the operating guidelines issued for payment banks on 6th October 2016, Minimum Capital
2.
Requirement fixed at...
a t
1) 15%
5) 8.2%
2) 11.5%
p r 3) 6% 4) 7.5%
3.
d u
Payment Banks are allowed to participate in the call money and CBLO market as both borrowers and
n a
lenders, subject to the limit on call money borrowings as applicable to scheduled commercial banks. In
this context, CBLO stands for...?
e e
1) Collateralized Borrowing and Lending Obligation
2) Correlative Borrowing and Lending Obligation
.
w w
3) Collateralized Beginning and Lending Obligation
4) Collateralized Borrowing and Leverage Obligation
e t
w 5) Central Borrowing and Lending Obligation
. n
4.
h a
As per the guidelines issued on 6th October 2016 by RBI, Payment Banks will not be permitted to lend
to any person including their directors. However, they may lend to ... out of the bank's own funds, as
per a board approved policy outlining the caps on such loans.
1) Their own employees
i b
2) local business men
3) Income tax payees
a t
4) Small transport companies
5.
5) Share market brokers
p r
The aim of RBI to permit the Payment banks is...?
1) to boost Financial inclusion
d u
n
3) to help the low house holdsa
2) to allow the payments/remittance services to migrant labour workforce
e e
4) to help the small entities to do banking business
.
5) All of above
6.
w ww
The license of Payment banks can be given to...
1) existing non-bank Pre-paid Payment Instrument (PPI) issuers
2) Non-Banking Finance Companies (NBFCs)
3) corporate Business Correspondents(BCs)
4) super-market chains
5) All of above
R-20-10-16
7. The equity capital of Payment banks is...?
5) Rs.100 crore
e t
8. Payment banks not allowed to....?
1) issue credit card 2) issue debit card
. n
3) issue cheque book
a
4) have remittance services
h
9.
5) provide accounts to women
i b
Promoter's minimum initial contribution to the paid - up equity capital of payments bank shall at least
be .... for the first five years
1) 40% 2) 26%
a t
3) 15% 4) 25%
5) 49%
p r
10.
u
Payments banks can give savings accounts to customers. But in the single customer account, the
d
maximum balance allowed not more than....?
1) Rs.1 Lakh
n a2) Rs.75,000 3) Rs.2 Lakh 4) Rs.5 Lakh
11. e
5) customer of bank can maintain any balance
e
The Foreign shareholding in the payments bank allowed up to....?
.
1)10%
w w 2) 35% 3) 49%
5) as per the FDI policy for private sector banks as amended from time to time
4) 26%
e t
12.
w
chairmanship of...?
. n
On 4th February 2015, RBI appointed the External Advisory Committee for Payments Banks under the
1) Raghuram Rajan 2) Shyamal Gopinath

h a
3) Urjit Patel
5) Nachiket Mor b
4) Narasimham
i
13.
a t
First domestic Bank to open a branch in the city of Yangon, Myanmar is...?
1) SBI
3) Canara Bank
p r 2) Corporation Bank
4) Andhra Bank
5) PNB
d u
14.
a
Union Government on 1st October 2016 gave a year extension to the Chairman of SBI. She is....?
.e
3) Chitra Ramkrishna
en
1) Arundhati Bhattacharya 2) Usha Anantha Subramanyam
4) Lalitha Kumaramangalam
ww
5) Naina Lal Kidwai
15. In the news papers it is reported that SBI may sell away 5% stake in SBI Life which may fetch the
w
bank as much as Rs.1,950 crore. Who is the partner of SBI in SBI Life?
1) Prudential (USA)
3) IAG (Australia)
2) Lombard (Canada)
4) PNB Paribas (France)
5) ERGO (Germany)
16. Which bank got the Best bank got award in Retail Banking category, in the 10th edition of
Dun & Bradstreet's India's Top Banks & Banking Awards 2016?
1) ICICI 2) Andhra Bank 3) SBI 4) PNB
17.
5) Yes Bank
e t
Which High Court declined to grant a stay to the acquisition process of State Bank of Travancore (SBT)
by SBI on 8th October 2016?
. n
1) AP
5) Delhi
2) Karnataka 3) Kerala
h a4) Tamil Nadu
18. Punch Lines of Banks given. The wrong combination is...?
i b
1) SBI - The name you can bank upon
2) Andhra bank - Where India Banks
a t
3) Bank of India - Relationship beyond banking
p r
d u
4) Bank of Baroda - India's International Bank
5) Indian Overseas Bank - Good People to Grow With
19.
a
Which International monetary organisation†sanctioned Rs.980 crore to dredge the Brahmaputra as an
n
initiative to develop waterways to Bangladesh and to other South East Asian countries?
e e
.
2) AIIB
w w
3) World bank
4) IMF
e t
20.
w n
Acceptance of debit cards in shops set to get a big boost as RBI ready to set up ADF. The fund is
.
expected to subsidise setting up of point of sales terminals or machines that enable acceptance of
1) Acceptance Development Fund

h a
credit cards in areas where banks do not consider it viable to do so. In this context, ADF stands for...
2) Agreement Development Fund

i b
3) Acceptance Donor Fund
4) Acceptance Donation Fund
a t
5) Admire Development Fund
p r
21.
d u
Government of India on 28th September 2016 asked the public sector banks to use the NEIN database
to check the antecedents of borrowers. In this context, NEIN stands for..........?
a
1) National End Intelligence Network
n
e e
2) National Economic Intelligence Network
3) National Economic Intolerance Network
.
ww
4) National Encrypted Intelligence Network
5) National Elevated Intelligence Network
22.
w
Citibank likely to shut down some India branches as the most of customers using internet for their daily
banking transactions. Where is the head quarters of Citi bank?
1) UK 2) France 3) USA 4) Germany
5) Hong kong
23. Who was recently appointed as the Chairman of Insolvency and Bankruptcy Board?
1) Sushil Chandra 2) Anadi Ramlingam
3) M.S. Sahoo 4) Alka Sirohi
5) Ravi Reddy
e t
24.
n
RBI decided, in consultation with the Government of India, that the limit for WMA for the second half
.
of the financial year 2016 - 17 (October 2016 March 2017) will be Rs. 25,000 crore. In this context,
WMA stands for...
1) Write and Means Advances
h a
2) Ways and Medium Advances
3) Ways and Means Advances
b
4) Ways and Means Allocations
i
25.
5) Ways and Mode Advances
a t
RBI released the Report of the Internal Working Group (IWG) on Rationalisation of Branch
1) Aravind Pangariaya
p r
Authorisation Policy on 6th October 2016. The Group is chaired by....
2) Amitab Kanth
3) Lily Vadera
d u 4) A.K. Mathur
26.
5) Tarun Ramadorai
n a
On 26th September 2016, which state government decided to write off all farm loans taken from
1) AP
.e e
co-operative Banks up benefitting 7000 farmers?
2) Telengana 3) UP 4) Haryana
w
5) Puducherry
w e t
27.
w
Which cricketer appointed as Brand Ambassador of Punjab National Bank recently?
1) Sachin Tendulkar 2) Yuvraj Singh
. n
3) Virat Kohli 4) Shikar Dhawan
h a
28.
5) Ajyanke Rahane
i b
Who heads the committee constituted to assess ground situation at Cauvery basin appointed on
5th October 2016?
t
ra
1) Uma Bharathi 2) Vijay Goel 3) G.S. Jha 4) Bachawath
29.
5) Dipak Mishra
u p
On 23rd September 2016, Prime minister approved the constitution of two committees for the
a d
commemoration of the birth centenary of Pandit Deendayal Upadhyay. The national Committee
headed by PM and the Executive Committee headed by...
n
1) Finance Minister
e
.e
2) Water Resources Minister
3) Culture and Tourism Minister
30. ww
4) Home minister
w
Pandit Deendayal Upadhyay birthday 25th September observed as...
1) Antyodaya Diwas 2) Suparipalan Din
3) Samvidhan Diwas 4) Swatchatha Diwas
5) Bharath Rastra Diwas
31. Cauvery Supervisory Committee strictly adhere to the final order of Cauvery Water Disputes Tribunal
(CWDT) while deciding on the quantum of the river's water to be released to Tamil Nadu. The
committee headed by...
1) Swatantra Kumar
3) Shashi Shekhar
2) Anil Dave
4) M.B. Patil
e t
5) S.P. Velumani
. n
On 16th September 2016, who was appointed as the Chairman of the Parliamentary committee on
32.
Home affairs?
h a
1) Gulam Nabi Azad
3) Sitharam Yechury
i b
2) L.K. Advani
4) Rajnath Singh
5) Dr.P. Chidambaram
a t
33.
1) Anurag Takur
p r
New chairman of the BCCI Selection Committee is...
2) Justice Lodha
3) Markandeya Katju
d u 4) M.S.K. Prasad
34.
5) Venkatesh Prasad
n a
To register young voters, the Election Commission of India collaborated with which social networking
.e e
site on 5th October 2016?
1) LinkedIn 2) Twitter 3) Allo 4) WeChat
w
5) Facebook
w e t
35.
w
Who was recently appointed the Chairman of the Union Public Service Commission?
1) Sunil Chnadra 2) J. Satyanarayana
. n
3) Alka Sirohi 4) Amitab Kanth
h a
36.
5) Prakash Javedkar
i b
Who headed the commission that was constituted to probe the controversial land deals in Gurgaon
including Robert Vadra`s land deals?
1) Justice A.K. Mathur
a t
2) Justice R.K. Mathur
3) Justice S.N. Dhingra
p r 4) Justice R.M. Lodha
37.
5) Justice Markandeya Katju
d u
Who heads the Rhino Horn Verification Committee, set up by Assam to verify the genuineness of the
a
rhino horns stored in various treasuries of the state since three decades?
1) Sasi Sekhar
.e en
3) Mohan Chandra Malakar
2) A.K.Sinha
4) Rajnath Singh
ww
5) Usha Thorat
ANSWERS
w
1-5; 2-1; 3-1; 4-1; 5-5; 6-5; 7-5; 8-1; 9-1; 10-1; 11-5; 12-5; 13-1; 14-1; 15-4; 16-3; 17-3; 18-1; 19-3; 20-1;
21-2; 22-3; 23-3; 24-3; 25-3; 26-5; 27-3; 28-3; 29-5; 30-1; 31-3; 32-5; 33-4; 34-5; 35-3; 36-3; 37-3.
BANK EXAMS
GENERAL AWARENESS
1.
e t
Operating Guidelines for Small Finance banks issued by RBI on 6th October 2016. The guidelines for
Licensing of Small Finance Banks earlier passed by RBI on.....
1) 1st June 2016 2) 26th February 2016
. n
3) 1st February 2014
h
4) 21st December 2015 a
i b
2.
t
Minimum Capital Requirement for Small Finance Banks is ..... as per the guidelines issued on
6th October 2016.
a
1) 9%
5) 11.5%
2) 10%
p r 3) 15% 4) 21%
3.
d u
Tier 1 common capital ratio is a measurement of a bank's core equity capital compared with its total
n a
risk-weighted assets that signifies a bank's financial strength. As per operating guidelines, for Small
Finance Banks, the Common Equity Tier 1 is .......
1) 7%
5) 6%
.e e 2) 8.5% 3) 10% 4) 9.8%
4.
w t
LCR applicable to Small Finance banks also. LCR refers to highly liquid assets held by financial
w e
institutions to meet short-term obligations. The ratio is a generic stress test that aims to anticipate
w n
market-wide shocks. It is designed to ensure financial institutions have the necessary assets on hand
.
to ride out short-term liquidity disruptions. In this context, LCR stands for ......
1) Loan Coverage Ratio
a
2) Liquidity Coverage Ratio
h
3) Lean Coverage Ratio
5) LIBOR Coverage Ratio b
4) Leap Coverage Ratio
i
5. The aim to provide licenses to small banks is .......
a t
1) supply of credit to small business units
2) help the small and marginal farmers
p r
u
3) to help micro and small industries
d
n
5) All of above a
4) to help the unorganized sector
6.
.e e
The Minimum paid-up equity capital for small finance banks shall be .....
ww
7. w 5) Rs.100 crore
Promoter's minimum initial contribution to the paid-up equity capital of such small finance banks shall
at least be 40% and gradually brought down to 26% within ......
5) 8 years
R-26-10-16
8. The eligibility to become the Promoter for Small Finance Banks is .........
1) Resident individuals/professionals with 10 years of experience in banking and finance
2) Non-Banking Finance Companies
3) Micro Finance Institutions
e t
4) Local Area Banks
5) All of above
. n
9. The Foreign shareholding in the small banks allowed up to .........
a
1) 30% 2) 20% 3) 51%
i bh
5) as per the FDI policy for private sector banks as amended from time to time
4) 64%
10.
t
As per the guidelines of RBI, the Small finance banks will be required to extend ....of its Adjusted Net
a
Bank Credit (ANBC) to the sectors eligible for classification as Priority Sector Lending (PSL) by the
Reserve Bank of India.
r
1) 75 %
5) 85%
2) 50%
d up 3) 40% 4) 25%
11.
a
As per the RBI guidelines, the small banks should see at least 50% of its loan portfolio should
n
constitute loans and advances of up to .......
.e e
1) Rs.25 lakh
3) Rs.75 lakh
2) Rs.50 lakh
4) Rs.5 lakh
w w
5) Rs.50,000
e t
12.
w n
Small Finance Banks will be allowed exemption from the existing regulatory ceiling on inter-bank
.
borrowings till the existing loans mature or up to ........... years, whichever is earlier.
1) four 2) six 3) eight
h a 4) three
13.
5) five
i b
India's Ambassador to UN Conference on Disarmament, Geneva is .....
1) Syed Akabruddin
a t
2) Navtej Singh Sarna
3) Dinesh K Patnaik
5) Sushma Swaraj
p r 4) Amandeep Singh Gill
14.
d u
Prime Minister on 18th October 2016 launched the Zero Defect, Zero Effect (ZED) scheme for Micro,
Small and Medium Enterprises (MSMEs) at Ludhiana in ....
1) Punjab
n a
2) Haryana 3) Uttarakhand 4) Madhya Pradesh
15.
. e
5) Chhattisgarh
e
Which scheme's objective is to accelerate access to high quality family planning choices based on
ww
information, reliable services and supplies within a rights-based framework?
1) Deen Dayal Upadhyaya Gramin Kaushalya Yozana
w
2) E-Nam
3) Parivar Vikas
4) Sardar Vallabhai Patel Rurban Mission
5) Mission Kakatiya
16. On 16th September 2016, the Union Tourism Minister approved projects worth of ..... for integrated
development of Tourist facilities in Jammu and Kashmir under 'Swadesh Darshan Scheme'.
1) Rs.100 crore 2) Rs.1500 crore 3) Rs.300 crore 4) Rs.250 crore
17.
5) Rs.500 crore
e
Under the Government of India's Unnat Jyoti by Affordable LEDs for All (UJALA), which state t
became the first state to distribute 2 crore LED bulbs?
. n
1) Gujarat
5) Tamilnadu
2) Andhra Pradesh 3) Rajasthan
h a4) Karnataka
18.
i b
On 1st September 2016, Gujarat signed for the Centre's RCS to improve unserved and underserved
airports and runways in smaller towns. In this context, RCS stands for...
1) Roll Connectivity Scheme
t
2) Regional Contact Scheme
a
3) Regional Combat Scheme
5) Regional Connectivity Scheme
p r4) Reign Connectivity Scheme
19.
d u
Union government on 13th August 2016 launched 'Smart Ganga City' programme in 10 cities to set up
Sewage Treatment Plants (STPs) and improve drainage network there on hybrid annuity mode on
a
Public Private Partnership (PPP) basis. Which of the following city is not one among them?
n
e e
1) Badrinath
5) Barrackpore
.
2) Haridwar 3) Patna 4) Sahibganj
20.
w t
Union government launched which mobile app to monitor upcoming transmission projects and
w e
monitors the progress of inter-state and intra-state transmission systems in the country?
w
1) Tarang
5) e-pin
2) Uday 3) Kayakalp
. n
4) Standup India
21.
a
Who is the Union Minister of State (Independent Charge) for Power, Coal and New and Renewable
Energy and Mines?
h
1) Rao Inderjit Singh
i b
2) Bandaru Dattatreya
3) Piyush Goel
5) Shripad Yasso Naik t
4) Dharmendra Pradhan
a
22.
p r
List of Union Minister of State (Independent Charge ) given. Locate the wrong combination.
d u
1) Rajiv Pratap Rudy - Skill Development & Entrepreneurship
2) Manoj Sinha - Development of North Eastern Region
n a
3) Vijay Goel - Youth Affairs and Sports
.e e
4) Nirmala Sitharaman - Commerce and Industry
5) Anil Madhav Dave - Environment, Forest and Climate Change
ww
23. Union Power Minister launched 'DEEP', the e-Bidding portal allows for medium term (1 - 5 years)
purchase of power. DEEP stands for ........
w
1) Discovery of Efficient Electricity Price
2) Denomination of Efficient Electricity Price
3) Discovery of Efficient Empowered Price
4) Dynamic of Efficient Electricity Price
5) Discovery of End Electricity Price
24. Union Power Minister launched the web platform for e-bidding and e-reverse auction for Tariff Based
Competitive Bidding (TBCB) in transmission projects. It is .......
1) e-trans 2) e-commerce 3) e-paper 4) e-Fuse
25.
5) e-card
Union Government recently released Direct Selling Guidelines 2016 framework .......
e t
1) to protect consumers from Ponzi frauds
. n
2) to save small traders from the new guidelines Companies Act
h
3) to initiate the guidelines for GST council to frame GST Percentages a
i b
4) to switch on for initiation of Second generation of National Financial
26.
a t
5) to guide banks not to do direct selling to its customers
The Securities and Exchange Board of India (SEBI) on 8th August 2016, denied any regulatory purview
r
over ponzi schemes. It said it is responsibility of whom to protect the investors from ponzi Schemes?
1) RBI
3) Union Government
d up 2) IRDAI
4) TRAI
5) State governments
n a
27.
. e
Which state launched the Kaushalya SETU (Self-Employment and Talent Utilization) initiative, a skill
development program for students on 19th October 2016?
e
1) Andhra Pradesh 2) Telangana 3) Maharashtra 4) Assam
w w
5) Meghalaya
e t
28.
w n
Goods and Services Tax (GST) Council reached a consensus that the states would be compensated for
.
any loss of revenue after implementation of the new indirect tax regime. Base year for calculating the
revenue of a state would be ........
1) 2014 - 15 2) 2015 - 16 3) 2016 - 17
h a
4) 2013 - 14
5) 2011 - 12
i b
29.
t
The GST Council headed by Arun Jaitley said the secular growth rate of ........ would be taken for
a
calculating the likely revenue of each state in the first five years of implementation of GST.
1) 18% 2) 21%
p r 3) 12% 4) 26%
30.
5) 14%
d u
Peoples Resurgence and Justice Alliance (PRJA) floated by.... who ended 16 - year long fasting and
n
1) Irom Sharmila a
demanding repeal of the Armed Forces (Special Powers) Act from Manipur.
2) Mukul Sangma
.e e
3) Ibobi Singh
5) Lal Thanwala
4) Manik Sarkar
31.
w ww
The facts of Manipur given. The correct statement is .......
1) Capital is Imphal
2) Chief minister is Okram Ibobi Singh
3) Governor is Najma Heptulla
4) Keibul Lamjao National Park is in Manipur
5) All of above
32. First Global Conference on Voter Education titled 'Voter Education for Inclusive, Informed and Ethical
Participation' is being organized by the Election Commission of India in association with UNDP from
19th to 21st October, 2016 at .......
1) New Delhi
5) Chennai
2) Mumbai 3) Hyderabad 4) Jaipur
e t
ANSWERS
. n
21-3; 22-2; 23-1; 24-1; 25-1; 26-5; 27-3; 28-2; 29-5; 30-1; 31-5; 32-1.
h a
1-5; 2-3; 3-5; 4-2; 5-5; 6-5; 7-1; 8-5; 9-5; 10-1; 11-1; 12-4; 13-4; 14-1; 15-3; 16-5; 17-1; 18-5; 19-1; 20-1;
i b Writer: A. Veeraswamy
a t
p r
d u
n a
.e e
w w e t
w . n
h a
i b
a t
p r
d u
n a
.e e
w ww
BANK EXAMS
GENERAL AWARENESS
1.
e t
On 25th October 2016, which bank became the first Bank to enable electronic submission facility for
Forms 15G/H through mobile for its customers in the country?
. n
1) ICICI bank
5) Axis bank
2) SBI 3) Corporation Bank
h a4) Canara bank
2.
b
Form 15G/H are self-declaration forms required to be furnished by the income tax assessed to the
i
banker for nil deduction / lower deduction of TDS on interest income . TDS stands for...
1) Tax Deducted at Source
a t
2) Tax Denominated at Source
3) Tax Deducted at Score
5) Tax Drain at Source
p r 4) Total Deducted at Source
3.
d u
Union government expanded the role of BBB, which beside selection of candidates to head the banks,
n
context, BBB stands for...?
a
it will also help banks in their capital raising plans and develop business strategies from now. In this
.e e
1) Bank Board Bureau
3) Bank Board Brand
2) Bureau of Board Bureau
4) Board of Bank of Bombay
4.
w w
5) Bombay Bank Board
Who is the present Chairman of BBB?
e t
w 1) Vijay Kelkar 2) Suresh Tendulkar
. n
3) Vinod Rai
5) Ashok Lavasa
4) Hashmuck Athia
h a
5.
i b
Which bank announced the launch of 'Money2India Europe an online money transfer services to
account based in India on 27th October 2016?
a t
facilitate transaction from any bank accounts in Sweden, Norway and Denmark to any recipient
1) SBI New York Branch

3) ICICI Bank UK Plc
p r 2) Standard Chartered Bank
5) Barclays Bank Plc
d u
6.
a
ICICI Bank UK Plc has partnered with .... a global payments service provider, to bring this service
n
'Money2India Europe an online money
1) VISA
.e e
3) Oxygen Services
2) Mastercard India
4) Inpay A/S
ww
5) POSIn
7.
w Indian banks carried out the country's biggest card replacement move after 3.2 million accounts were
compromised in a massive data breach. For any monetary loss on account of breach of security or
failure of the security, who is liable to bear the loss?
1) RBI 2) Customer 3) NPCI 4) Bank
5) Bank Board Bureau
R-2-11-16
8. As per the present RBI rules, the bank should credit (shadow reversal) the amount involved in the
unauthorised electronic transaction to the customer's account within ....?
1) 10 working days 2) 24 hours 3) 8 working days 4) 30 working days
9.
5) 365 working days
e t
India is the third biggest target for hackers after the USA and Japan as per the study of ASSOCHAM
ASSOCHAM?
. n
(Associated Chambers of Commerce and Industry of India). Who is the present President of
1) Naushad Forbes 2) Sidharth Birla 3) C.P.Gurnani
h a
4) Sunil Kanoria
10.
5) Ananth Geethe
i b
The Knowledge Chamber : Serving the Nation Since 1920 is the punch line of...?
at
1) CII 2) FICCI 3) NAASCOM 4) ICC
11.
5) ASSOCHAM
p r
''National Summit on Enterprising Women - Meet Your Bankers" will be held at...?
1) Mumbai
d u
2) Kolkata 3) Chennai 4) New Delhi
12.
5) Kanpur
n a
On 29th October 2016, which bank said it will issue equity shares on preferential basis to the
e
government of India for Capital Infusion of Rs.5,681 crores?
e
1) Axis bank
.
2) Yes Bank
w w
5) SBI
4) Bank of Baroda
e t
13.
w n
State Bank of Patiala has been conferred with "Special Award for Excellence in MSME lending" for its
.
performance in lending to the MSME sector during the year 2013 - 14 and 2014 - 15. Who is the
Union Minister for Micro Small and Medium Enterprises?
h a
1) Ananth Geethe
3) Arun Jaitely
i b
2) Nirmala Sitharaman
4) Kalraj Mishra
5) V.K.Singh
a t
14.
r
The Union Cabinet minister list given. The wrong statement is.....
p
1) Prime Minister Narendra Modi elected to Loksabha from Varanasi (UP)
d u
2) Home Minister Rajnath Singh elected to Loksabha from Luknow (UP)
3) Water Resources Minister Uma Bharati elected to Loksabha from Jhansi (UP)
n a
4) Finance Minister Arun Jaitley elected to Rajyasabha from Gujarath
15.
. e
5) All of above are correct statements
e
The list of Union Cabinet ministers given. The correct combination is...?
ww
1) Urban Development, Housing and Information and Broadcasting minister M. Venkaiah Naidu
elected to Rajyasabha from Rajasthan
w
2) Road Transport and Shipping Minister Nitin Gadkari elected to Loksabha from Nagpur
(Maharashtra)
3) Railways Minister Suresh Prabhu elected to Rajyasabha from Andhra Pradesh
4) Defence Minister Manohar Parrikar elected to Rajyasabha from UP
5) All of above are correct
16. President of India inaugurated the 28th Accountants General Conference organised by the Comptroller
and Auditor General of India at.....on 20th October, 2016.
1) New Delhi 2) Kolkata 3) Pune 4) Jaipur
17.
5) Chennai
Who is the comptroller and Auditor General of India?
e t
1) Naseem Zaidi 2) R.K. Mathur
. n
3) Shashi Kant Sharma 4) K.V. Chowdary
h a
18.
5) A.K. Sinha
Who is Public Accounts Committee (PAC) Chairman?
i b
1) Gulam Nabi Azad
a t
2) J. Diwakar Reddy
3) K.V. Thomas
5) P. Chidambaram
p r 4) L.K. Advani
19.
u
Gross NPAs (Non-performing Assets) of scheduled commercial banks rose to 4.6% in March 2015 and
...in March 2016.
d
1) 10.5%
n a
2) 7.8% 3) 9.5% 4) 9.1%
20.
5) 8.7%
e e
According to the RBI's Financial Stability Report, RBI projected the gross NPA ratio at ... by March
.
2017.
w w
1) 8.5% 2) 9.1% 3) 10.4% 4) 6.7%
e t
w
5) 7.5%
. n
21.
a
Which dam, one of the largest reservoirs in Karnataka, was chosen for the World Bank's Award of
h
Excellence for best utilisation of funds for renovation to enhance the strength of the dam?
1) Krishna Raja Sagar Dam
3) Almatti Dam
i b
2) Tungabhadra Dam
4) Bhadra Dam
5) Vani Vilasa Sagara Dam
a t
22.
r
Which bank granted Rs.72 crore to the Krishna Bhagya Jal Nigam Limited to prevent seepage which
could damage the Almatti dam?
p
d u 2) African Development Bank

3) World Bank
n a
5) Asian Infrastructure Investment Bank
23.
e e
In the Doing Business 2017: Equal Opportunity for All report, released by World Bank, which nation
got top rank?
.
ww
1) Hong kong 2) China 3) Singapore 4) New Zealand
5) Denmark
24.
w
Which rank secured by India in the World Bank's Doing Business 2017: Equal Opportunity for All
released on 25th October 2016?
1) 143rd 2) 76th 3) 130th 4) 35th
5) 89th
25. Global Gender Gap Report released by World Economic Forum (WEF) on 25th October 2016. Which
nation tops in this list?
1) Rwanda 2) Iceland 3) Finland 4) Norway
26.
5) Sweden
India secured which rank in the list of 2016 Global Gender Gap Report released by WEF?
e t
1) 66th 2) 22nd 3) 48th
. n
4) 87th
5) 107th
h a
India was ranked at what position in the FIFA ranking that was released on 20th October 2016?
27.
1) 151 2) 145 3) 111
i b 4) 137
5) 142
a t
28.
r
World Economic Forum released the list of 14 countries having the safest banks in the world. Which
nation got first rank among these nations?
1) Sweden
5) UK
d up
2) Switzerland 3) Finland 4) Canada
29.
a
The World Economic Forum released the list of 14 countries having the safest banks in the world.
n
In this ranking, India got which rank?
1) 2
.e e 2) 10 3) 8 4) 7
30.
w w
5) India did not get any rank
The facts of World Economic Forum (WEF) given. The wrong statement is....?
e t
w n
1) "committed to improving the state of the world by engaging business, political, academic, and other
.
leaders of society to shape global, regional, and industry agendas" is the mission
2) formed in 1971
h a
3) Klaus Schwab of Germany is the Executive chairman of WEF
4) The headquarters located in Switzerland
i b
5) None of above
a t
31.
1) 24th 2) 100th r
In the Global Hunger Index (GHI) 2016, the rank of India is...?
p 3) 118th 4) 97th
5) 12th
d u
32.
a
World Bank released the Global Competitiveness Report (GCR) 2016 - 2017. Which nation top in this
n
rank list, among the 138 nations?
1) Sweden
5) UK
.e e 2) Denmark 3) Switzerland 4) Finland
ww
33. India's rank in the Global Competitiveness Report (GCR) 2016 - 2017 is...?
34.
w
1) 41
5) 2
2) 50 3) 101
World Economic Freedom (WEF) Index 2016 declared. The top rank got by...?
4) 39
1) Sweden 2) Norway 3) Hong Kong 4) Singapore

5) New Zealand
35. India stood at ..... position among the 159 nations in the World Economic Freedom (WEF) Index 2016.
1) 78th 2) 64th 3)130th 4) 112th
5) 92nd
36.
t
As per the 2016 Arcadis Sustainable Cities Index, which city has became the most sustainable city in
the world with unbeatable environmental credentials?
e
1) Zurich of Switzerland 2) Vienna of Austria
. n
3) London of UK
5) Tokyo of Japan
4) Mumbai of India
h a
ANSWERS
i b
a t
1-5; 2-1; 3-1; 4-3; 5-3; 6-4; 7-4; 8-1; 9-4; 10-5; 11-4; 12-5; 13-4; 14-5; 15-5; 16-1; 17-3; 18-3; 19-2; 20-1;
p r
21-3; 22-3; 23-4; 24-3; 25-2; 26-4; 27-4; 28-3; 29-5; 30-5; 31-4; 32-3; 33-4; 34-3; 35-4; 36-1.
d u
n a
.e e
w w e t
w . n
h a
i b
a t
p r
d u
n a
.e e
w ww
BANK EXAMS
GENERAL AWARENESS
1.
e t
Regional Rural Banks were established under the President of India Ordinance issued in ..................
1) 1985 2) 1990 3) 1975
. n
4) 1935
2.
5) 1955
h a
In which year, the RRB Act was passed with a view to develop the rural economy by providing, for the
rural areas?
i b
purpose of development of agriculture, trade, commerce, industry and other productive activities in the
1) 1982
5) 1935
2) 2015
r at
3) 1990 4) 1976
3.
in...............
u p
First Regional Rural Bank - Prathama Bank opened on 2nd October 1975 in the district of Moradabad
1) Uttar Pradesh
a d 2) Karnataka
3) Andhra Pradesh
e
5) Madhya Pradesh n 4) Tamilnadu
4.
1) 40%.e
Central government stake in RRB is ............
w 2) 80% 3) 50% 4) 100%

t
w w
5) 20%
n e
5. State government stake in the RRB is ....... percent.
1) 50 2) 35 3) 40
a . 4) 15
5) 100
b h
6. Sponsored bank stake in RRB is ........
1) 30% 2) 40% 3) 100%
t i 4) 35%
5) 15%
r a
7.
p
Financial regulation of RRBs seen after by......
du
1) RBI 2) SEBI 3) PFRDA 4) IBRD
8.
5) NHB
n a
Supervisory powers of RRBs have been vested with.........
1) PFRDA
.
5) CCI
e e 2) SIDBI 3) ODA 4) NABARD
9.
w ww
Find the wrong combination relating to the RRB and its sponsored Bank.
1) Andhra Pradesh Grameena Vikas Bank - ICICI
2) Andhra Pragathi Grameena Bank - Syndicate Bank
3) Telangana Grameena Bank - SBH
4) Chaitanya Godavari Grameena Bank - Andhra Bank
5) Saptagiri Grameena Bank - Indian Bank
R-4-11-16
10. RBI in 2001 constituted a Committee under the Chairmanship of ........ on 'Flow of Credit to Agriculture
and Related Activities from the Banking System' which examined relevance of RRBs in the rural
credit system and the alternatives for making it viable.
1) Chakrabarty
5) Usha Thorat
2) Narasimhan 3) Dr. V.S. Vyas 4) Rangarajan
e t
11. NRBI mooted for the efficient working of RRBs. NRBI means ..........
1) National Regional Bank of India
. n
2) Now Rural Bank of India
h a
3) National Run Bank of India
4) National Rural Bank of India
i b
5) None
a t
12.
r
RRB Act passed in April 2015 facilitates raising the share capital of RRBs from the Rs.5 crore to
...........
p
1) Rs.500 crore
d u 2) Rs.400 crore
3) Rs.2,000 crore
5) Rs.50 crore
n a 4) Rs.100 crore
13.
.e e
India's Ambassador to UN Conference on Disarmament, Geneva is....
1) Syed Akabruddin 2) Navtej Singh
w w
3) Dinesh K.Patnaik 4) Amandeep Singh Gill
e t
14. w
5) Sushma Swaraj
. n
As per the revised guidelines of Reserve Bank of India, the priority sector lending target for Regional
1) 75% 2) 80% 3) 100% a

Rural Banks (RRBs) increased to .................. from the earlier target of 60%.
h 4) 90%
5) 95%
i b
15.
t
The Priority sector lending of RRBs include the loans given to .....
1) Agriculture
a
2) Micro, small and medium enterprises
p r
3) Housing
4) Weaker sections
d u
n
5) All of above
a
16.
e e
As per the new norms released, Rural banks have to advance ...... of total outstanding towards
agricultural activities as part of Priority Sector Lending.
.
ww
1) 18% 2) 15% 3) 25% 4) 7%
5) 10%
17.
w
A target of .......... percent of total outstanding must be given to micro enterprises as part of Priority
Sector Lending by RRBs
1) 7.5% 2) 10.5% 3) 6.8% 4) 8.2%
5) 11.5%
18. How much percent of total outstanding must be given to weaker sections as per the new norms of
Priority Sector Lending by RRBs?
1) 20% 2) 12% 3) 15% 4) 9%
19.
5) 10%
e
Central Vigilance Commission on 31st October 2016 declared that it is mandatory for public sectort
banks to report to it, in all such matters involving funds over ........
. n
1) Rs.50 Lakhs
5) Rs.20 Lakhs
2) Rs.25 Lakhs 3) Rs.1 crore
h a4) Rs.10 Lakhs
20.
b
Union Government and ......... signed $ 650 million loan agreement for the development of 1839
i
kilometres Eastern Dedicated Freight Corridor - III (EDFC - III) Project.
1) World Bank 2) NDB
a t3) IMF 4) ADB
21.
5) AIIB
p r
India and Myanmar signed three Agreements during India visit of state Counsellor of Myanmar Aung
1) Infrastructure
d u
San Suu Kyi. The agreements are in the fields of insurance, power and ........
2) Lake development
3) Information Technology
n a 4) Banking
22. e
5) Disaster Management
e
Three year action plan of the NITI Aayog will kick start from which fiscal year as announced on
.
25nd October 2016?
w w
1) 2018 - 19 2) 2020 - 21 3) 2019 - 20 4) 2025 - 26
e t
w
5) 2017 - 18
. n
23.
h a
Finance Ministry returned a proposal of NITI Aayog for strategic disinvestment of the Centre's stake
in CONCOR on the ground, that the move could potentially lead to a public sector monopoly
becoming a private sector monopoly. In this context, CONCOR stands for ..................
1) Container Corporation of India Ltd
i b
2) Coastal Corporation of India Ltd
3) Container Consortium of India Ltd
5) Container Console of India Ltd
a t
4) Cable Corporation of India Ltd
24. Niti Aayog stands for .............

p r
d u
1) National Integration for Transforming India 2) National Institution for Turning India
n a
3) Nordic Institution for Transforming India
5) National Institution for Transforming Initiation
4) National Institution for Transforming India
25.
e e
NITI Aayog constituted to replace the Planning Commission instituted in 1950. The replacement was
done in order to better serve the needs and aspirations of the people of India. Who is the chairman of
.
ww
NITI Aayog?
1) Finance Minister
w
2) Union Minister for Trade and Commerce
3) Director, Enforcement Directorate
4) Prime Minister
5) Minister of State for Finance
26. NITI Aayog was formed via a resolution of the Union Cabinet on 1st January ...........
1) 1950 2) 1964 3) 1997 4) 2015
5) 2012
27. With a view to bringing the CRAR of RRBs to at least 9%, which committee recommended
recapitalisation support to the extent of Rs.2,200 crore to 40 RRBs in 21 States?
e t
1) Usha Thorat 2) Narasimhan 3) K.C. Chakrabarty
. n
4) H.R. Khan
5) Bibek Debroy
h a
28.
b
Who is CEO of NITI Aayog, who worked recently as Secretary, Department of Industrial Policy and
Promotion (DIPP)?
i
1) Ajay Bhushan Pandey
3) Amitabh Kant
a t
2) A.S. Kiran Kumar
4) Satya Nadella
5) Sunder Pitchai
p r
29.
u
Which of the following books not written by Arvind Panagariya?
1) India's Tryst with Destiny
d
a
2) Sweet Dreams : A Bedtime Storybook Collection
n
e e
3) Eclipse
4) State Level Reforms, Growth and Development in Indian States
.
30.
w w
5) Regionalism in Trade Policy : Essays on Preferential Trading
NITI Aayog constituted the Task Force on Agriculture Development, headed by ........
e t
w
1) Raghuram Rajan 2) Amith Mithra
. n
3) Radha Mohan Singh
5) Prakash Singh Badal
4) Arvind Panagariya
h a
31.
i b
Full time Members of NITI Aayog are Prof. Ramesh Chand, Prof.V.K. Saraswat and ......
1) Bibek Debroy
3) Chetan Ghate
a t
2) Pami Dua
4) Ravindra Dholakia
5) Michael Debabrata Patra
p r
32.
u
Rashtriya Ekta Diwas observed on ....... with 'Integration of India' as the theme, the day is the birth day
of Sardar Vallabhai Patel.
d
1) 15th September
n
5) 14th November
a
2) 5th September 3) 31st October 4) 2nd October
33.
e e
First meeting of National Committee on Trade Facilitation (NCTF) stressed the need for higher
.
standards of excellence so that the trade eco system becomes more growth oriented. Who is the
ww
chairman of NCTF?
w
1) Cabinet Secretary P.K. Sinha
2) Finance Secretary Ashok Lavasa
3) Finance Minister Arun Jaitley
4) Minister of State for Finance Santosh Kumar Gangwar
5) Minister of State for Communications Manoj Sinha
34. NCTF is a mandatory requirement under Article 23.2 of the WTO Agreement on Trade Facilitation and
NCTF secretariat located at ........
1) Hyderabad 2) Chennai 3) Mumbai 4) New Delhi
35.
5) Guwahati
2017 WTO Ministerial Conference host nation is ..........................
e t
1) India 2) Argentina 3) Germany
. n
4) Japan
36.
5) Switzerland
WTO head office located at Geneva. WTO chairman is ...................
h a
1) Suma Chakrabarti, India
i b
2) Klaus Schwab, Germany
3) Robert Azevado, Brazil
a t
4) Jean Claude Junker, Luxemburg
p r
37.
5) Donald Tusk, Poland
d u
The WTO officially commenced on 1st January 1995 under ........ signed by 123 nations on
a
15th April 1994, replacing the General Agreement on Tariffs and Trade (GATT).
n
.e e
1) Geneva Protocol
3) Paris Agreement
2) Bretton Woods Conference
4) New Delhi Declaration
38.
w w
5) Marrakesh Agreement
e t
First ever National Ayurveda Day celebrated throughout the country on the occasion of Dhanwantari
w
Jayanti on .....................
1) 28th October 2) 30th October 3) 3rd October
. n
4) 8th October
5) 7th April
h a
ANSWERS
i b
a t
1-3; 2-4; 3-1; 4-3; 5-4; 6-4; 7-1; 8-4; 9-1; 10-3; 11-4; 12-3; 13-4; 14-1; 15-5; 16-1; 17-1; 18-3; 19-3; 20-1;
21-4; 22-5; 23-1; 24-4; 25-4; 26-4; 27-3; 28-3; 29-3; 30-4; 31-1; 32-3; 33-1; 34-4; 35-2; 36-3; 37-5; 38-1.
p r Writer: A. Veeraswamy
d u
n a
.e e
w ww
BANK EXAMS
GENERAL AWARENESS
1. Government of India withdrawn the Legal Tender status of Rs.500 and Rs.1,000 denominations of
e t
banknotes of the Mahatma Gandhi Series issued by the Reserve Bank of India from ........
1) 2016 November 4th 2) 2016 November 8th
. n
3) 2016 November 3rd
h
4) 2016 November 1st a
5) 2016 November 10th
i b
2.
1) Demonetisation
a t
Act of stripping a currency unit of its status as legal tender is called as ..........
2) Coupon Rate
3) Garnishee order
p r 4) Lien
3.
5) New Legal Tender
d u
Reserve Bank on 13th November 2016 declared to issue new Rs.500 denomination banknotes bearing
the portrait of .........
1) Abdul Kalam
n a 2) Deen Dayal Upadyayi
.e e
3) Mahatma Gandhi
5) Atal Bihari Vajpai
4) Mother Terressa
4.
w w
As declared on 13th November 2016 by RBI, the new Rs.500 denomination (New) Series will have
e t
w n
inset letter ......... in both the number panels. (RBI issued another press release also earlier on
8th November 2016 that another Rs.500 denomination note will have inset letter 'E' in both number
.
panels).
1) L 2) B 3) A
h a 4) Z
5) D
i b
5.
t
The new Rs.500 denomination notes bear the year of printing '2016' and .......... printed on the reverse
of the Banknote.
a
1) RBI Head office
2) Taj Mahal
p r
3) Mata Vaishno Devi Temple
d u
4) Everest Peak symbol
n
5) Swachh Bharat Logo a
6.
e e
Which of the following feature do not have by Rs.500 new denomination note as declared by RBI on
.
13th November 2016?
ww
1) The colour is stone grey.
w 2) Red Fort-an image of Indian heritage site with Indian flag on the reverse.
3) Intaglio printing of Mahatma Gandhi portrait.
4) Ashoka Pillar emblem, bleed lines, circle with Rs.500 in the right, and the identification mark which
enable the visually impaired person to identify the denomination.
5) All of above features have by new Rs.500 denomination note.
R-17-11-16
7. The Reserve Bank of India issue Rs.2000 denomination banknotes as declared by RBI on
8th November 2016. Which of the following feature do not bear by Rs.2000 denomination?
1) It is called Mahatma Gandhi (New) Series.
space.
e t
2) Motif of Mangalayan on the reverse, depicting the country's first venture into the interplanetary
note is magenta.
. n
3) Bearing signature of Dr. Urjit R. Patel, Governor, Reserve Bank of India and the base colour of the
4) Year of printing '2016' printed on the reverse of the banknote.
h a
8.
5) All of the above features have by new Rs.2000 denomination.
i b
Which of the following feature will have by obverse (Front) side of Rs.2000 new denomination?
a t
1) See through register with denominational numeral 2000.
2) Latent image with denominational numeral 2000.
p
3) Portrait of Mahatma Gandhi at the centre. r
d u
4) Micro letters 'RBI' and '2000' on the left side of the banknote.
on 2016 November 8th.

n a
5) All of the above features had by obverse (Front) side of Rs.2000 denomination as declared by RBI
9.
.e e
Which of the following feature will have by obverse (Front) side of Rs.2000 new denomination?
1) Windowed security thread with inscriptions 'Bharath' in devanagari script, RBI and 2000 on
w w
tilted.
e t
banknotes with colour shift. Colour of the thread changes from green to blue when the note is
w n
2) Denominational numeral with Rupee Symbol, Rs.2000 in colour changing ink (green to blue) on
bottom right.
.
3) Ashoka Pillar emblem on the right.
h a
For visually impaired.
i b
4) Number panel with numerals growing from small to big on the top left side and bottom right side.
RBI on 8th November 2016.

a t
5) All of the above features have by obverse (Front) side of by Rs.2000 denomination as declared by
10.
r
Which of the following feature will have by Rs.2000 new denomination?
p
d u
1) On the obverse side (Front), For visually impaired, Intaglio or raised printing of Mahatma Gandhi
portrait, Ashoka Pillar emblem, bleed lines and identity mark
n a
2) Horizontal rectangle with Rs.2000 in raised print on the right and Seven angular bleed lines on left
and right side in raised print on obverse side
.e e
3) Language panel towards the centre on reverse side
4) Swachh Bharat logo with slogan on the reverse side
11. ww
5) All of the above features have by new Rs.2000 denomination
w
On 2nd November 2016, RBI issued the guidelines about dispensation of Rs.100 denomination
banknotes through exclusive ATMs. As per it ......... of the ATMs in the country will be calibrated to
dispense Rs.100 banknotes exclusively.
1) 30% 2) 70% 3) 40% 4) 20%
5) 10%
12. RBI on 27th October 2016 permitted AD Category-I banks to allow Startups to raise ECB. In this
context, ECB stands for.........
1) Eternal Commercial Barrowings
2) Extra Commercial Barrowings
3) External Commercial Barrowings
e t
4) External Core Barrowings
. n
5) External Camp Barrowings
h a
13.
b
Scheme for Sustainable Structuring of Stressed Assets (S4A scheme) was launched by whom to resolve
the corporate debt problem and strengthen the lenders' ability to deal with stressed assets?
i
1) SEBI
2) IRDAI
a t
3) Competition Commission of India
p r
4) RBI
5) SBI
d u
14.
a
Under S4A scheme, a company's debt is bifurcated into two parts sustainable and ............... based on
n
the cash flows of the company's project.
e e
1) Unsustainable
.
2) Untenable
w w
3) Controllable
5) Repo
4) Viable
e t
15.
w
Under S4A scheme, sustainable debt cannot be less than ........ of existing debt.
. n
1) 50%
5) 85%
2) 40% 3) 20%
h a 4) 75%
16.
b
First company to get RBI approval for debt recast under Scheme for Sustainable Structuring of Stressed
Assets is ..........
i
1) Hindustan Construction Company Limited
a t
2) TATA Sons
3) Rastriya Ispat Nigam Limited
p r
4) ONGC
d u
17.
5) Microsoft India
n a
Which bank has tied up with a fintech start-up 'Fisdom' for personal wealth management services?
.e e
1) ICICI Bank
3) Bank of Baroda
4) Corporation Bank
18. ww
5) UCO Bank
w
Asian Development Bank re-elected whom as its president?
1) Takehiko Nakao 2) Jim Yong Kim
3) Christine Lagarde 4) Suma Chakravarthy
5) K.V. Kamath
19. The insurance company has launched a new linked insurance product 'INVESTSHIELD'. It is .......
1) SBI Life
2) Future General India Life Insurance Co. Ltd
3) HDFC Standard Life Insurance Co. Ltd
e t
4) IDBI Federal Life Insurance Co. Ltd
5) Canara HSBC Oriental Bank of Commerce Life Insurance Co. Ltd
. n
20.
a
Deliberate downward adjustment to the value of a country's currency relative to another currency,
group of currencies or standard is called as ..........
h
1) Hyper inflation
i
2) Deflation
b
3) Hedging
5) Monetary gap
a t
4) Devaluation
21.
p r
An assessment of the creditworthiness of a borrower in general terms or with respect to a particular
1) Credit Rating
d u
debt or financial obligation is termed as .......
2) NPA
n a
e e
3) Roll of Accreditation
4) CIBIL Rating
.
22.
w w
5) Coupon rate
New Executive Director of Reserve Bank of India is .......
e t
w
1) N. Viswanathan 2) R. Gandhi
. n
3) S.S. Mundra
5) K. Viswam
4) M. Rajeshwar Rao
h a
23. Vice President-elect of USA is ..........
i b
1) Tim Kaine
3) Joe Baden
a t
2) Mike Pence
4) Dic Chenay
5) Mark Thompson
p r
2016 Asia-Pacific Economic Cooperation (APEC) begins on 19th November 2016 in .....
du
24.
1) Philippines 2) Peru
3) Japan
n a 4) Cambodia
25. e
5) Myanmar
e
APEC established in ........
.
ww
1) 1989 2) 1992 3) 2002 4) 2010
5) 1969
26.
w
APEC is a forum for 21 Pacific Rim member economies that promotes free trade throughout the
Asia-Pacific region. Where is its headquarters?
1) Singapore 2) Thailand
3) South Korea 4) New Zealand
5) Australia
27. Prime Minister Narendra Modi made journey in high-speed Shinkansen bullet train in Japan. The
similar bullet train to be introduced between ........
1) Mumbai - Ahmedabad 2) New Delhi - Bhopal
3) Kanyakumari - Dibrugarh
5) Delhi - Agra
4) Tripura - New Delhi
e t
28.
. n
India and Japan protocol amending the Double Taxation Avoidance Convention (DTAC) effective from
the date of ..........
1) 2016 October 3rd
h
2) 2015 December 17th a
3) 2016 October 22nd
5) 2016 November 15th
b
4) 2016 October 29th
i
29.
a t
'An Era of Darkness: The British Empire in India' that was recently released by Vice President of India
M. Hamid Ansari. The book written by...
1) Sashi Tharoor
p r 2) Rani Singh Nair
3) Sunderlal Bahuguna
d u 4) Amritha Pritham
30.
5) Rajnath Singh
n a
Pax Indica, The Great Indian Novel, The Five Dollar Smile, Bookless in Baghdad, The Elephant The
. e
Tiger and The Cell Phone books written by .........
e
1) Sashi Tharoor 2) Amitav Ghosh
w w
3) Arundhathi Bhattacharya 4) Chetan Bhagath
e t
31. w
5) Robin Sharma
Twelve day Global Climate conference from 7th November 2016 host by .......
. n
1) Washington DC of USA 2) New Delhi, India
h a
3) Paris, France
5) Marrakech, Morocco b
4) Montreal, Canada
i
32.
t
Asian Ministerial Conference on Disaster Risk Reduction (AMCDRR) 2016 was held at .........
1) New Delhi
5) Bangkok
2) Colombo
p ra 3) Tehran 4) Tokyo
d uANSWERS
n a
1-2; 2-1; 3-3; 4-1; 5-5; 6-5; 7-5; 8-5; 9-5; 10-5; 11-5; 12-3; 13-4; 14-1; 15-1; 16-1; 17-3; 18-1; 19-5; 20-4;
21-1; 22-4; 23-2; 24-2; 25-1; 26-1; 27-1; 28-4; 29-1; 30-1; 31-5; 32-1.
.e e Writer: A. Veeraswamy
w ww
BANK EXAMS
GENERAL AWARENESS
1.
e
On 23rd November 2016, the union government sanctioned how much fund from the National Bank t
. n
for Agriculture and Rural Development (NABARD) to District Cooperatives, which will be used
towards crop loans for farmers with some cash component for payment of wages and agri-inputs?
1) Rs.12,500 crore
h
2) Rs.17,000 crore
a
3) Rs.11,000 crore
5) Rs.21,000 crore b
4) Rs.7,500 crore
i
2.
a t
On 21st November 2016, Finance Minister said that loan of Rs.19,702 crore to National Water
r
Development Agency (NWDA) for irrigation projects by NABARD, is a part of the vision of the Prime
Minister Narendra Modi to double the farmers' income by ...........
1) 2025
5) 2022
2) 2021
d up 3) 2030 4) 2050
3.
n a
NABARD sanctioned a loan of Rs.204.67 crore under Rural Infrastructure Development Fund (RIDF)
for rural infrastructure in .........
.e e
1) Andhra Pradesh 2) Uttar Pradesh 3) Punjab 4) Haryana
4.
w w
5) Telangana
e t
NABARD sanctioned Rs.57.49 crore for a 10 MW Photo Voltaic Solar Power Plant at Panipat Thermal
w Power Station (PTPS), Panipat in ...........

1) Himachal Pradesh 2) Punjab
. n
3) Jammu and Kashmir 4) Haryana
h a
5.
5) Goa
i b
NABARD will raise in phases over Rs.77,000 crore from market to fund around 100 prioritised
a t
irrigation projects, including 56 in drought-prone areas, under the PMKSY over the next four years as
declared on 6th September 2016. In this context, PMKSY stands for ...........
1) Pradhan Mantri Kosh Sinchayee Yojana
p r
d u
2) Pradhan Maathra Krishi Sinchayee Yojana
3) Pradhan Mantri Kranthi Sinchayee Yojana
a
4) Pradhan Mantri Krishi Sinchayee Yojana
n
6. e
5) Pradhan Mantri Krishi Sarafara Yojana
e
Ministry of Water Resources and NABARD made an agreement on 6th September 2016, for raising a
.
ww
Long-Term Irrigation Fund (LTIF) of ...........
1) Rs.10,000 crore
w 2) Rs.22,000 crore
3) Rs.20,000 crore
4) Rs.12,000 crore
5) Rs.70,000 crore
R-5-12-16
7. Agriculture Apex Development Bank is ........
1) National Bank for Agriculture and Rural Development (NABARD)
2) Indian Overseas Bank (IOB)
3) Exim Bank
e t
4) State Bank of India (SBI)
5) Bharatiya Mahila Bank (BMB)
. n
8.
a
Committee to Review Arrangements for Institutional Credit for Agriculture and Rural Development
h
(CRAFICARD) submitted a report on 28th November 1979 recommended to establish NABARD. The
committee headed by .........
i b
1) C. Ranga Rajan
5) Vaidyanathan
2) Narasimham
a t
3) Sivaraman 4) Muttu Raman
9.
r
National Bank for Agriculture and Rural Development (NABARD) established in .......
1) 1995
5) 1955
2) 1992
d up 3) 2002 4) 1982
10.
a
NABARD brought number of innovations in the rural credit domains. Some of them are Formation &
n
Linkage of SHGs, Farmers Club, District Rural Industries Project, RIDF etc. RIDF stands for ..........
e e
1) Rural Infrastructure Donation Fund
.
2) Rural Investment Development Fund
w w
3) Rural Integrity Development Fund
e t
w
4) Rural Infrastructure Development Fund
5) Rural Infrastructure Drought Fund
. n
11.
h a
Which bank is under the obligation for facilitating credit flow for promotion and development of
ib
agriculture, small-scale industries, cottage and village industries, handicrafts and other rural crafts?
1) SBI 2) NHB 3) NABARD 4) HDFC
5) RBI
a t
12. The main function of NABARD includes ......
1) Lending
p r
2) Refinance
d u
3) Co-coordinating lending
n
4) Assistance in Refinance a
13.
. e
5) All of above
e
NABARD's UPNRM programee provides the financial support for natural resource management
ww
activities can be provided as a loan at reasonable rate of interest. In this context, UPNRM stands for ....
w
1) Unique Programme for Natural Resource Management
2) United Programme for Natural Resource Management
3) Umbrella Programme for Natural Regain Management
4) Umbrella Programme for Natural Resource Management
5) Umbrella Programme for Notional Resource Management
14. The NABARD declared to rejuvenate PACs by converting them into multi-services centers. What is
meant by PACs in this context?
1) Present Agricultural Co-operatives Society
2) Post Agricultural Consortium Society
3) Premium Agricultural Co-operatives Society
e t
4) Progress Agricultural Co-operatives Society
. n
15.
5) Primary Agricultural Co-operatives Society
h a
NABFINS provides credit and other facilities for promotion, expansion, commercialization and
1) NBFC First Services Limited

i b
modernization of agriculture and allied activities. NABFINS means ........
2) NABARD Financial Surety Limited

a t
3) NABARD Functional Services Loan
4) NABARD Financial Services Limited
p r
5) None
d u
16.
a
NABCONS engaged in providing consultancy in all spheres of agriculture, rural development and
n
allied areas. NABCONS mean .........
.e e
1) NABARD Cure Services
2) NABARD Custom Services
w
3) NABARD Company Services
w e t
w
4) NABARD Consultancy Services
5) None
. n
17. National Bank Staff College runs by NABARD. It is at ..........
h a
1) Chennai
5) Mangalore
2) Hyderabad 3) Baroda
i b 4) Lucknow
18.
t
National Bank Training Centre run by NABARD is at ..........
1) Delhi
5) Hyderabad
2) Pune
p ra 3) Kolkata 4) Lucknow
19. NABARD head office is at ............
d u
1) Chennai
5) Pune
n a
2) Kolkata 3) Hyderabad 4) Mumbai
20.
.e e
Who is the present chairman of NABARD?
1) R.S. Sharma 2) Urjith Patel
ww
3) Harsh Kumar Bhanwala 4) Khshatrapati Shivaji
21. w
5) Yaduveer Mathur
To provide an environmentally safe and secure pucca house to every rural household, on 20th
November 2016, Pradhan Mantri Awas Yojana - Gramin (PMAY - G) launched by the Prime Minister
at .......?
1) New Delhi 2) Lucknow 3) Chennai 4) Amaravathi
5) Agra
22. Under the PM Awas Yojana Gramin (PMAY - G) affordable housing scheme, central government aims
to develop 3 crore homes by the year ............. in rural areas for poor families including BPL.
1) 2022 2) 2025 3) 2030 4) 2040
23.
5) 2050
e t
Immediate target of PMAY - G is to construct 1 crore affordable homes in rural areas by the year .........
1) 2020 - 21 2) 2017 - 18 3) 2016 - 17
. n
4) 2018 - 19
24.
5) 2021 - 22
h a
Union Textile Minister issued identity cards to artisans. The name of the identity cards is ............
1) Pehchan 2) Pehel 3) Roshni
i b 4) Combo
25.
5) Karasth
a t
Information and Broadcasting Minister Vankaiah Naidu inaugurated the Indian Panorama at the 47th
r
International Film Festival of India (IFFI) kicked off in ..........
up
1) Mumbai 2) New Delhi 3) Chennai 4) Goa
26.
5) Hyderabad
a d
Rs.3,901.76 crore was collected as Swachh Bharat Cess (SBC) in the last financial year. It was
en
introduced on ........
1) 1st January 2016 2) 2nd October 2015
w.e
5) 1st September 2015
4) 1st April 2015
t
27.
w w
How much percent of Swachh Bharat Cess (SBC) collected on all taxable services?
n e
1) 1.5 percent
5) 3.5 percent
2) 1.0 percent 3) 0.5 percent
a . 4) 2.5 percent
28.
b h
On 16th November 2016, which state signed MoU with Microsoft Corporation India for helping the
1) Andhra Pradesh 2) Rajasthan 3) Delhi i

government explore cloud, machine learning and mobile-based solutions to improve citizen services?
t 4) Jharkhand
5) Telangana
r a
29.
1) 1950 2) 1098 p
Revamped Aadhaar toll - free helpline number is .............
u 3)1947 4) 182
30.
5) 1077
a d
47th International Film Festival of India (IFFI) 2016 inaugurated at which stadium in Panaji (Goa)?
e n
1) Indira Gandhi National Theatre
e
2) Atal Bihari Vajpayee Stadium
.
ww
3) Marmagoa International Film Festival Complex
4) Shyama Prasad Mukherjee Stadium
31.
w
5) Konkani International Film Theatre
Which is the focus country in the 47th International Film Festival of India (IFFI) 2016 at Bambolim,
Panaji (Goa)?
1) Egypt 2) Japan 3) South Korea 4) Belarus
5) China
32. Who is the chief guest of the IFFI 2016?
1) Jackie Chan 2) Rekhi Sawanth
3) Ramesh Sippy 4) Ram Gopal Varma
5) Rishi Kapoor
e t
33.
n
Which famous South Korean veteran filmmaker honoured with the Lifetime Achievement Award at
IFFI 2016?
.
1) Kim - Jee Woon
3) Im Kwon Taek
2) Dong Hoon Choi
h
4) Han Jun - Hee a
5) Je - Yong Lee
i b
ANSWERS
a t
r
1-5; 2-5; 3-4; 4-4; 5-4; 6-3; 7-1; 8-3; 9-4; 10-4; 11-3; 12-5; 13-4; 14-5; 15-4; 16-4; 17-4; 18-4; 19-4; 20-3;
up
21-5; 22-1; 23-4; 24-1; 25-4; 26-3; 27-3; 28-5; 29-3; 30-4; 31-3; 32-3; 33-3.
a d
e n
w.e t
w w n e
a .
b h
t i
r a
u p
a d
e n
.e
w ww
BANK EXAMS
GENERAL AWARENESS
1.
e t
India's early paper currency also issued by Bank of Hindostan (1770 - 1832), and the Bengal Bank
(1784 - 91). Bank of Hindostan established ........
. n
1) Agency house of Loyd Company
3) Agency house of Cox Company
h a
2) Agency house of Pittsburg
4) Agency house of Alexander and Company
5) Agency house of Rodd and Pour Company
i b
2.
t
India's early paper currency issued by General Bank of Bengal and Bahar (1773 - 75). This bank
established by?
a
1) Lord Dufferin
r 2) Lord Curzon
up
3) William Bentinck 4) Warren Hastings
3.
5) Lord Cornwallis
a d
Wide use of paper currency came in to existence, once the paper currency issued by three Presidency
e n
banks. Three presidency banks are?
1) Bank of Bengal (1805), Bank of Bombay (1840) and Bank of Madras (1843)
w.e
t
w w
n e
4.
a .
In which year 'The Paper Currency Act' was passed, conferred ultimate powers to the Government of
Banks?
b h
India to end the monopoly of Note Issue, bringing to an end note issues of Private and Presidency
1) 1878 2) 1845
t
3) 1871
i 4) 1861
5.
5) 1859
r a
First set of British India notes were the 'Victoria Portrait' Series. As Victoria series imitated by fake
p
notes, in which year the Under Print Series was introduced?
1) 1867
5) 1911
2) 1866
a du 3) 1891 4) 1901
6.
n
Under Print Series of paper currency remained long time in force in India. Which series introduced in
1923?
e
.e
1) King's Portrait 2) Queen's Portrait
ww
3) Palace Portrait 4) Sword Portrait
7. w 5) Crown Portrait
Small denomination notes in India introduced, due to First World War. One Rupee Paper currency was
introduced on 30th November ........
1) 1907 2) 1915 3) 1911 4) 1917
5) 1920
R-11-12-16
8. One Rupee Paper currency issued by British Government in 1917 initially bore the portrait of .......
1) King George VI 2) George I 3) George III 4) George IV
5) King George V
9.
t
King George V series continued the circulation of currency till Reserve Bank of India took over the
e
functions of the Controller of Currency. The highest denomination issued by RBI after take over from
British India was?
. n
1) Rs.10,000
3) Rs.50,000
2) Rs.1,00,000
4) Rs.25,000
h a
5) Rs.5,00,000
i b
at
10. Currency Note Press established at Nasik in Maharashtra in?
1) 1937 2) 1931 3) 1928 4) 1942
5) 1951
p r
Reserve Bank of India inaugurated on Monday, April 1st, 1935 with its Central Office at ......
11.
1) Pune 2) Nasik
d u 3) Kolkata 4) Mysore
5) Mumbai
n a
12.
1) 1951
. e
RBI shifted its central office to Mumbai in ...
e 2) 1955 3) 1937 4) 1941
13.
w w
5) 1942
e t
The first Governor of RBI Sir Osborne Smith did not sign any bank notes. The first Reserve Bank
w
issues were signed by the second Governor of RBI. Who is the second Governor of RBI?
1) Sir J. M. Keynes 2) Adam smith
. n
3) Robbins 4) Prof. Samuelsson
h a
14.
5) Sir James Taylor
i b
First time in India, in which year the demonization of higher denomination of Rs.1,000, Rs.5,000, and
Rs.10,000 notes declared?
t
1) 1946
5) 1953
2) 1950
p ra 3) 1951 4) 1955
15.
u
Which of the following statement is correct regarding the paper currency issue in Independent India?
d
n a
1) Government of India brought out the new design Rs.1 note in 1949.
2) King's portrait replaced by inserting Lion Capital at Sarnath.
.e e
3) In 1953, Hindi was displayed prominently on the new notes.
4) High denomination notes (Rs.1,000, Rs.5,000, Rs.10,000) were reintroduced in 1954.
16. ww
w
In which year the commemorative design series in paper currency introduced in the honour of the birth
centenary celebrations of Mahatma Gandhi was issued depicting a seated Gandhi with the Sevagram
Ashram as the backdrop?
1) 1989 2) 1975 3) 1991 4) 1969
5) 1997
17. In the early 70's, which committee, a direct tax inquiry committee set up by the government,
suggested demonetization as a measure to unearth and counter the spread of black money?
1) Kelkar 2) Rangarajan 3) Sivaraman 4) Wanchoo
18.
5) Sarayu
High denomination notes demonetized second time in ....... by Morarji Desai government.
e t
1) 1964 2) 1967 3) 1978
. n
4) 1991
19.
5) 1999
h a
Rising demands of a growing economy together with a fall in purchasing power. Rs.500 paper
continued to be the Lion Capital, Ashoka Pillar.

i b
currency note was introduced in ........... with the portrait of Mahatma Gandhi, having water mark
1) 1984
5) 1981
2) 1985
r at
3) 1987 4) 1994
20. Economic Affairs Secretary is ........
u p
1) Ashok Lavasa
3) Amitab Khant
a d 2) Hashmuck Athia
4) A.B. Pandey
5) Shaktikanta Das
e n
21.
w e
Akodara is the first cashless village due to efforts made by ICICI Bank. It is situated in?
.
1) Gujarat 2) Haryana 3) Maharashtra 4) UP
t
22.
w w
5) Karnataka
n e
Dhasai village in which state became the first cashless village due to initiative of Bank of Baroda in
collaboration with NGO Veer Savarkar Pratishthan?
1) Odisha 2) Chhattisgarh
a .
3) Rajasthan
b
4) Maharashtra
h
23.
5) Jharkhand
t i
Which state declared Ibrahimpur village in the state will be first village to go cashless?
1) Andhra Pradesh
r a 2) Jammu and Kashmir
3) Telangana
5) Goa
u p 4) Gujarat
24.
a d
Which state joined hands with IDFC Bank to introduce Coupon for Cashless Purchase?
1) Delhi
e n
5) Tamil Nadu
2) West Bengal 3) Telangana 4) Karnataka
25.
.e
Palnar village in which state going to become cash less village?
26. w ww
1) Chhattisgarh
5) Meghalaya
2) Jharkhand 3) Odisha 4) Madhya Pradesh
Bind Toli, Basti, Patsa are the three villages became cash less due to initiative of .........in Bihar.
1) Union Bank of India 2) Bank of Baroda
3) Punjab National Bank 4) HDFC Bank
27. First state to adopt a resolution supported the demonetization of high - value currency notes is .......
1) Chhattisgarh 2) Tamil Nadu 3) Andhra Pradesh 4) Jharkhand
5) Gujarat
28. Which Indian - UAE young girl was conferred with Children's Peace Prize?
e t
1) Anuradha Prayacchi
3) Kehkashan Basu
2) Prema dhandu
4) Santhosh Naeayanan
. n
5) Trinath Rani
h a
29.
b
Andhra Pradesh launched mobile wallet with the name .......... to help the public in the adoption of
cashless payments.
i
1) AP PURSE
5) AP GODIGITAL
2) AP PAY
a t
3) AP POCKET 4) AP VALLET
30.
p r
Private sector RBL Bank has launched APBS for small ticket micro-finance loan disbursements.
APBS stands for?
1) Aadhaar Payment Bridge System
d u 2) Aadhaar Pal Bridge System
n a
3) Aadhaar Payment Bond System
5) Aadhaar Payment Bridge Store
4) Aadhaar Paid Bridge System
31.
e e
APBS through EBT provide basic financial services (cash deposit, balance enquiry, cash withdrawal
.
and remittance) at low-cost access devices called Micro ATMs maintained at business correspondents.
w w
In this context, EBT stands for?
1) Electronic Benefit Transfer 2) Electronic Bore Transfer
e t
w
3) Electronic Benefit Transformation
.
4) Electric Benefit Transfer
n
32.
5) Endemic Benefit Transfer
h a
Which bank tied up with Spice Digital mobile chain for cash management services through the bank's
e-collection facility?
i b
1) Andhra bank
5) UBI
2) ICICI
a t
3) Federal Bank 4) Axis Bank
33.
r
List of recent appointments given. The wrong combination is?
p
d u
1) Nikki Haley - USA Ambassador to UNO
2) Upma Chowdhary - First women CEO of NSE
a
3) Meng Hongwei - New president of INTERPOL
n
e e
4) Pankaj R. Patel - FICCI President
5) Rajiv Rishi - Chairman, Indian Banks Association
.
ww
34. The recent Appointments / Resignations / Extensions list given. The wrong statement is ........
1) George Yeo resigned as the Chancellor of Nalanda University.
w
2) Arundhathi Bhattacharya got one year extension as the Chairman of SBI.
3) Deep Kumar Upadhyay was re-appointed as Nepal envoy to India.
4) Junaid Ahmad of Bangladesh taken over as the World Bank's new Country Director for India
replacing Onno Ruhl.
35. India successfully test - fired indigenously developed nuclear capable Prithvi - II missile twice in
quick succession as a of a user trial by the army from a test range at Chandipur in?
1) Goa 2) Andhra Pradesh
3) Tamil Nadu
5) Himachal Pradesh
4) Odisha
e t
ANSWERS
. n
h a
1-4; 2-4; 3-3; 4-4; 5-1; 6-1; 7-4; 8-5; 9-1; 10-3; 11-3; 12-3; 13-5; 14-1; 15-5; 16-4; 17-4; 18-3; 19-3; 20-5;
21-1; 22-4; 23-3; 24-3; 25-1; 26-2; 27-1; 28-3; 29-1; 30-1; 31-1; 32-3; 33-2; 34-5; 35-4.
i b Writer: A. Veeraswamy
a t
p r
d u
n a
.e e
w w e t
w . n
h a
i b
a t
p r
d u
n a
.e e
w ww
BANK EXAMS
GENERAL AWARENESS
1. Banking Ombudsman Scheme was notified by RBI on 14th June ……
e t
1) 2000 2) 1995 3) 1999
. n
4) 2010
2.
5) 1981
What is the aim of formulating Banking Ombudsman Scheme by RBI?
h a
i b
1) to promote the deposits in the unbanked areas as the part of Financial inclusion
a t
2) to promote lending among the poor people, as they are depending on non-institutional sources
3) to redress the grievances or complaints arising out of the deficiency in the banking services
p r
4) to universalize the discount of commercial bills issued by Commercial Banks
3.
d u
5) to incorporate the list of Scheduled banks in the RBI Act 1934
RBI introduced Banking Ombudsman Scheme as per Section 35 A of………
n a
1) Negotiable Instruments Act, 1881 2) SARFAESI Act, 2002
.e e
5) RBI Act, 1934
4) FEMA, 1999
4.
w
Ombudsman Scheme first introduced in……
w e t
w
1) USA
5) UK
2) India 3) Australia
.
4) France
n
5. Which are the banks covered under the Banking Ombudsman Scheme?
h a
1) Scheduled Public Sector Banks
2) Scheduled Private Sector Banks
i b
3) Regional Rural Banks
a t
4) Scheduled Primary Co-operative Banks
5) All of above
p r
6.
u
Banking Ombudsman is a senior official appointed by…
d
1) Finance Minister
5) IREDAI
n a
2) RBI 3) SEBI 4) FSDC
7.
e
operation
. e
Presently, the Banking Ombudsman Scheme 2006 (BOS), as amended up to 3rd February …. is in
ww
1) 2009 2) 2010 3) 2014 4) 2015
5) 2011
8.
w
Who released Annual Report of the Banking Ombudsman Scheme on 9th December 2016?
1) SEBI 2) Competition Commission of India
3) RBI 4) TRAI
R-4-1-17
9. RBI opened its second office of the Banking Ombudsman on 1st November 2016 in……
1) Mumbai 2) Kolkata 3) New Delhi 4) Chennai
5) Pune
10.
e
Highest number of complaints with Ombudsman filed against which bank as per the 2015 - 16 report
given by RBI on 9th December 2016? t
1) ICICI Bank 2) Punjab National Bank
. n
3) SBI 4) Bank of Maharashtra
h a
11.
i b
As per the present rules, any person can file a complaint before the Banking Ombudsman, if the
1) One month 2) 3 months t

satisfied reply is not received from the bank within a period of…
a 3) 2 months 4) 6 months
5) 12 months
p r
12.
u
When the Ombudsman rejects the compliant of the customer?
d
1) if the customer does not approach the bank first
n a
2) One has not made the complaint within one year from the date one has received the reply of the bank
or if no reply is received if it is more than one year and one month from the date of representation
.e e
to the bank
3) subject matter of the complaint is pending for disposal / has already been dealt with at any other
w
forum like court of law, consumer court
w e t
w
4) complaint is frivolous or vexatious
5) In all above cases, the ombudsman will not accept the compliant from customer
. n
13. The fee collected by Ombudsman to take compliant from the customer....
1) Rs.5 2) Rs.100
h a
3) Rs.10
i b
4) fix by the bank
14.
5) No fee collects by the Ombudsman
a
The Ombudsman take the compliant and can take action if… t
p r
1) non-payment or delay in payment of inward remittances
Reserve Bank directives

d u
2) non-credit of proceeds to customers accounts, non-payment of deposit or non-observance of the
a
3) not accepting the legal tender and or for charging of commission in respect thereof
n
e e
4) inordinate delay in the payment or collection of cheques, drafts, bills
5) In the all above cases the ombudsman take action against bank
.
ww
15. When the Ombudsman take action against the bank?
1) collecting charges without adequate prior notice to the customer
w
2) refusal to accept or delay in accepting payment towards taxes, as required by government
3) refusal to close or delay in closing the accounts
4) non-observance of Reserve Bank guidelines on engagement of recovery agents by banks
5) In the above all cases, Ombudsman take action against the bank
16. On 24th May 2007, RBI framed a rule that any customer not satisfied with Ombudsman decision, then
the customer can put an appeal to…
1) Governor, RBI
2) Governor of that State in which state customer has account
3) Finance Minister of India
e t
. n
5) Deputy Governor of RBI
h a
17.
b
RBI amended Banking Ombudsman Scheme includes complaints relating to Internet Banking and
Non-adherence to BCSBI Code on 5th February 2009. BCSBI stands for…
i
1) Banking Core and Standards Board of India
2) Banking Codes and State Board of India
a t
3) Banking Codes and Standards Board of India
p r
d u
4) Business Codes and Standards Board of India
5) Banking Codes and Standards Bureau of India
18.
a
RBI constituted committee under the chairmanship of ..........…........ to review the Ombudsman Scheme
on 7th January 2013.
n
e e
1) C. Ranga Rajan
.
2) Suma Chakravarti
w w
3) Suma varma
5) S. S. Mundra
4) Usha Thorat
e t
19.
w
Banking Ombudsman can grant compensation up to ……
. n
1) Rs.50 lakh
5) Rs.50 Lakh
h a 4) Rs.5 Lakh
20.
b
Banking Ombudsman may award compensation not exceeding ……to the complainant only in the case
i
of complaints relating to credit card operations for mental agony and harassment.
a t
21.
5) Rs.15 Lakh
p r
On 7th December 2016, Arunachal Pradesh State Co-operative Apex Bank launched Mobile Banking
u
Service named SIMsePAY having tie up with .......
d
1) Corporation bank
5) Yes bank
n a
2) Canara bank 3) ICICI bank 4) Citi bank
22.
e e
Union government asked banks to install additional 10 lakh POS to promote digital transaction
terminals by 31st March 2017. POS stands for……
.
ww
1) Point Of Sale 2) Price Of Service 3) Postal Out Station 4) Point Of scale
5) Public Of Sales
23.
w
NABARD on 8th December 2016 declared it will extend about …. to banks for deployment of two
Point Of Sale (POS) terminals each in one lakh villages, with a population of up to 10,000.
1) Rs.100 crore 2) Rs.200 crore 3) Rs.70 crore 4) Rs.120 crore
5) Rs.1000 crore
24. On 5th December 2016, which state declared to appoint 1000 Banking correspondents in unbanked
gram panchayats?
1) Meghalaya 2) Gujarat 3) Himachal Pradesh 4) Rajasthan
25.
5) Odisha
e t
Bank of Baroda declared it raised ..............…by issuing bonds that are compliant with global capital
adequacy norms or Basel III recently.
. n
1) Rs.10,000 crore
3) Rs.4,000 crore
2) Rs.1,000 crore
h
4) Rs.1,500 crore a
5) Rs.5,000 crore
i b
26.
t
The Schemes introduced by various state governments given. The wrong combination is……
a
1) Rajasthan - Annapoorna Rasoi - Food for All at subsidy price
r
2) West Bengal - Sabooj Saathi - Free cycles to school going children
p
at a reasonable price
d u
3) Kerala Aardram - improving quality and facilities at government hospitals and to enable treatment
5) All of above correct

n a
4) Bihar - Har Ghar Bijili Lagatar - Uninterrupted power supply to each home
27.
e e
The Schemes introduced by Central government given. The wrong combination is…
.
w w
1) Pradhan Manthri Ujwala Yozana - Free LPG gas connections to BPL families
2) Kahin Bhi - Kabhi Bhi - Medical facilities launched for ESIC beneficiaries
e t
w
3) Pradhan Manthri Yuva Yojana - Entrepreneurship education and training
. n
women at government health centers and hospitals
h a
4) Pradhan Manthri Surakshit Matritva Abhiyaan - to provide free health check - ups to pregnant
28.
5) All of above correct
i b
Union government launched which scheme to enable every citizen, small traders and merchants to
1) Digidhan Abhiyan
a t
adopt digital payments in their everyday financial transactions?
2) Online DigiDhan Abhiyan

p r
3) Digi for All
d u
4) Digi dhan Parampara Yozana
n
5) Online Digi dhan Yozana a
29.
name…….
.e e
To promote cashless transactions in India, the government has started a television channel by
ww
1) Digi Trans 2) Digi Prob 3) Digi Dhyan 4) Digi Core
5) Digi Shala
30.
w
To fight corruption with the active participation of people, which State Government launched two
mobile applications which can be used to upload information regarding corruption?
1) Andhra Pradesh 2) Gujarat 3) Madhya Pradesh 4) Telangana
5) Kerala
31. Who declared that Rs.10 will be given to the district administration for every individual who has
shifted to digital payment mode and has made at least two digital transactions for day-to-day
activities?
1) Finance Commission
3) NITI Aayog
2) RBI
4) Central Statistical Commission
e t
5) CBDT
. n
32. List of Awards given. The wrong combination is…
h a
1) ‘Best MSME Bank Award 2016’ instituted by Assocham in private sector segment - Karnataka
Bank Limited
2) IAAF male Athlete of the Year award - Novak Djokovic
i b
3) Golden Peacock award at the 47th IFFI - “Daughter”
a t
p
5) German Green Talent award - Shamik Chowdhury r
4) International Press Freedom Award - Malini Subramaniam
33.
d u
Human Rights Day is observed on.........
1) December 4th
3) December 10th
n a 2) December 9th
4) December 25th
.e e
5) December 15th
w w KEY
e t
w
1-2; 2-3; 3-3; 4-5; 5-5; 6-2; 7-1; 8-3; 9-3; 10-3; 11-1; 12-5; 13-5; 14-5; 15-5; 16-5; 17-3; 18-3; 19-2; 20-2;
21-5; 22-1; 23-4; 24-5; 25-2; 26-5; 27-5; 28-1; 29-5; 30-5; 31-3; 32-2; 33-3.
. n
h aWriter: A. Veeraswamy
i b
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BANK EXAMS
GENERAL AWARENESS
1.
e
As per speech of Prime Minister on 31st December 2016, two new middle income categories have beent
Rs.9 lakh taken in 2017, will receive interest subvention of .........
. n
created under the Pradhan Mantri Awaas Yojana (PMAY) in urban areas. Home Loans taken up to
1) 4% 2) 5% 3) 2%
h a4) 6%
2.
5) 3%
i b
Loans taken up to Rs.12 lakh taken in 2017 in urban areas, will receive interest subvention of ......... as
per PM speech.
1) 5% 2) 3%
a t
3) 2% 4) 6%
5) 4%
p r
3.
u
Number of houses being built for the poor, under the Pradhan Mantri Awaas Yojana in rural areas, is
being increased by .........
d
1) 13%
5) 49%
n a
2) 51% 3) 42% 4) 33%
4.
e e
For the construction of new home or extension of housing in rural areas, interest subvention of .........
.
available up to Rs.2 lakh loan.
w
1) 3%
w 2) 5% 3) 2% 4) 6%
e t
5. w 5) 4%
. n
Farmers who taken loans for the Rabi crop from District Cooperative Central Banks and Primary
1) 60 days 2) 180 days 3) 70 days a

Societies, will not have to pay interest on such loans for a period of ......... as per PM speech.
h 4) 100 days
5) 90 days
i b
6.
t
Prime Minister told that the sowing in 2016 - 17 rabi crop season increased by ........ compare to that
of 2015 - 16 rabi season.
a
1) 6% 2) 5%
p r 3) 2% 4) 3%
7.
5) 8%
d u
How much fund to be given to NABARD to provide farmers for the better access to loans from
a
cooperative banks and societies by Central Government?
en
1) Rs.10,000 crore 2) Rs.30,000 crore
.e
3) Rs.20,000 crore 4) Rs.40,000 crore
ww
5) Rs.60,000 crore
8. Narendra Modi said that three crore farmers who are holding Kisan Credit Cards, will be given RuPay
w debit cards within how many months?

1) Two months
3) Four months
2) Eight months
4) Three months
5) One month
R-19-1-17
9. Kisan Credit Cards launched in .........
1) 1998 2) 1982 3) 1975 4) 2015
5) 1955
10. Union Minister for Agriculture and Farmers welfare is .........
e t
1) Radha Mohan Singh
3) Smrithi Irani
2) Prakash Javedkar
4) Nithin Gadkari
. n
5) Ashok Gajapathi Raju
h a
11.
b
To give a boost to the small entrepreneurs and job creation, Prime Minister declared that the credit
guarantee limit for small and medium businesses increased to .........
i
1) Rs.7 crore
5) Rs.2 crore
2) Rs.15 crore
a t
12.
r
Union Government asked banks to raise the credit limit for small industry from 20% of turnover to
.........
p
1) 25% 2) 50%
d u 3) 35% 4) 45%
13.
5) 51%
n a
Banks were asked to increase working capital loans from 20% of turnover to ......... for enterprises that
1) 45%
.e e
transact digitally as per Modi speech.
2) 30% 3) 35% 4) 55%
w
5) 50%
w e t
14.
w
Union Minister for MSME (Micro Small Medium Enterprises) is .........
1) Kalraj Mishra 2) D.V.Sadananda Gowda
. n
3) Uma Bharathi 4) Ram Vilas Paswan
h a
15.
5) Maneka Sanjay Gandhi
i b
As per PM speech, in the 2015 - 16 Financial Year, how many people were benefited by MUDRA
Yozana?
1) 3.5 crore people
a t
2) 2.5 crore people
3) 5.5 crore people
p r 4) 6.5 crore people
16.
5) 3.5 Lakh people
d u
To reduce the maternal mortality rate, PM declared how much financial assistance to pregnant women?
1) Rs.1000
n a
2) Rs.2000 3) Rs.5000 4) Rs.8000
17. e
5) Rs.6000
e
Senior citizens will receive a fixed interest rate of ............. for a period of 10 years, on deposits up to
.
Rs.7.5 lakh as per the statement of Prime Minister on 31st December 2016.
18. w ww
1) 5.0%
5) 4.5%
2) 6.5% 3) 7.25%
SBI tie up with whom to sell government minted 'Indian Gold Coin'?
4) 8.0%
1) BHEL 2) Vizag Steel Company

3) Bhilai Iron & Steel Industry 4) MMTC
5) Reliance Gold
19. On 5th December 2016, which state declared to appoint 1000 Banking correspondents in unbanked
gram panchyats?
1) Meghalaya 2) Gujarat
3) Himachal Pradesh
5) Odisha
4) Rajasthan
e t
20.
. n
On 30th December 2016, RBI extended the period of enhanced Prepaid Payment Instruments (PPI) to
.........
1) Rs.10,000 2) Rs.15,000 3) Rs.40,000
h a4) Rs.22,000
5) Rs.20,000
i b
21.
help farmers double their income.
a t
Bank of Baroda launched an agricultural investment credit scheme in ......... on 31st December 2016 to
1) Himachal Pradesh
r 2) Rajasthan
up
3) Tamil Nadu 4) Kerala
22.
5) Madhya Pradesh
a d
In the latest banking technology we are using the term Blockchain solutions. It is a distributed database
e n
that maintains a continuously-growing list of ordered records called blocks. Which is India's first bank
to execute its first transaction on blockchain?
w.
3) HDFC
e
1) Andhra Bank 2) Canara Bank
4) ICICI
t
w w
n e
23.
.
Who was appointed as the new Executive Director (ED) of Reserve Bank of India replacing US
Paliwal?
a
1) Chithra Balakrishnan
3) Surekha Marandi
2) Nazma Hepthulla
b
4) G.Rohini h
t i
24.
a
Bank Sakhi Scheme, an innovative method of employing women in villages to promote and
r
popularize cashless transaction introduced by .........
1) Andhra Pradesh Gramin Vikas Bank
p 2) Karnataka Vikas Grameen Bank
3) Telangana Gramin Vikas Bank
5) Corporation Bank
a du 4) Punjab Gramin Vikas Bank
25.
n
Prime Minister Narendra Modi launched which mobile app in the memory of B.R. Ambedker to push
e
online payments?
.
1) BHIM
e 2) Republic 3) Paype 4) Paytime
26. ww
5) Bharath
w
BHIM stands for .........
1) Bharat and India Matters 2) Bharat Interface for Money
3) Bring Home Indian Mobile 4) Bharat and India Money
5) Bharat and Interface Matters
27. Which private mobile commerce and payments firm received the final approval from RBI to operate as
Payment Bank?
1) Freecharge 2) Citrus 3) Paytm 4) MobiKwik
28.
5) Oxigen
Which bank tied up with LIC to boost venture capital investment in MSME Sector?
e t
1) NHB 2) RBI 3) SIDBI
. n
4) NABARD
29.
5) SEBI
h a
What is the name of Accident Insurance Scheme launched by the Karnataka Bank for its Saving Bank
(SB) account customers?
i b
1) KBL Shrama Yozana
3) KBL Suraksha
a t
2) KBL Bima Yojana
4) KBL Protection
5) KBL Insurance Pool
p r
30.
u
Which bank tied up with Niki.ai, the artificial intelligence firm to bring in 'conversational banking'
d
chatbots that facilitate commerce and banking transactions without getting out of the chat window?
1) ICICI Bank
3) HDFC Bank
n a 2) SBI
4) Kotak Mahindra Bank
31.
5) UBI
.e e
Union Government kept interest rates on Small Savings Schemes unchanged for the fourth quarter of
w
2016 - 17. What is the interest rate on Kisan Vikas Patra?
w e t
w
1) 7.7%
5) 9.5%
2) 8.2% 3) 4.5%
.
4) 9.1%
n
32.
a
RBL bank launched Aadhaar-based disbursement of micro loan. The punchline of RBL Bank is .........
h
1) Khayaal aapka
3) Apno ka bank
i b
2) Bank aapki mutthi mein
4) The banker to every Indian
5) The name you can bank upon
a t
33.
1) Goa 2) Tamil Nadu r
Dhasai village in Thane district has become the first "cashless village" in .........
p 3) Karnataka 4) Maharashtra
5) Odisha
d u
34.
1) SBI a
SIMsePAY launched by which bank for money transfer through feature phones?
n 2) HDFC 3) Federal Bank 4) Yes Bank
35.
. e
5) Axis Bank
e
Union government released Rs.1,982 crore for Polavaram project through NABARD. This dam
ww
located in .........
36.
w
1) Andhra Pradesh
5) Tamil Nadu
2) Karnataka 3) Maharashtra 4) West Bengal
SBI adopted Hirki village in Pen district for Aadhaar-based payments. The village located in .........
1) Madhya Pradesh 2) Bihar 3) Odisha 4) Maharashtra
5) Goa
37. First Indian state declared as the Country's first Organic State in 2016, by converting around 75,000
hectares of agricultural land into sustainable cultivation?
1) Sikkim 2) Andhra Pradesh 3) Assam 4) Madhya Pradesh
38.
5) Uttar Pradesh
Union Government imposed anti-dumping duty on imports of jute and its products from .........
e t
1) Nepal and Bangladesh 2) Pakistan and Bangladesh
. n
3) China and USA
5) UK and Japan
4) UK and Australia
h a
39.
i b
On 6th January 2017, which state announced a new scheme to provide financial assistance of Rs.1000
at
to distressed single women?
1) Andhra Pradesh 2) Bihar 3) Uttar Pradesh 4) Madhya Pradesh
5) Telangana
p r
40.
u
India amended its two-decade old tax treaty with which nation that will allow India to tax capital gains
on investments?
d
1) Hongkong
5) Japan
n a
2) China 3) Australia 4) Singapore
41.
e e
Which state launched 'Atal - Amrit Abhiyan' health assurance scheme which will provide coverage
.
against several critical illnesses?
w w
1) Rajasthan 2) Madhya Pradesh 3) Assam
t
4) Chattisgarh
e
42. w
5) Haryana
. n
EDLI provides for a lump sum payment to the insured's nominated beneficiary in the event of death
1) Employers' Deposit Linked Insurance Scheme

h a
due to natural causes, illness or accident. In this context, EDLI stands for?
2) Employees' Deemed Linked Insurance Scheme
i b
3) Employees' Deposit Loan Insurance Scheme
4) Employees' Dole Linked Insurance Scheme
a t
p
5) Employees' Deposit Linked Insurance Scheme
r
43.
u
RBI made it mandatory for borrowers tapping ECBs will be required to cover the principal as well as
d
the coupon through Hedging. In this context, ECB stands for .........
1) External Control Borrowings
n a
e e
2) End Commercial Borrowings
3) External Commercial Borrowings
.
ww
4) External Commercial Bindings
5) External Center Borrowings
44.
w
Who has been appointed as CEO of IBRD (International Bank for Reconstruction and Development)
& IDA (International Development Association) of World Bank group on 28th December 2016?
1) Subhir Gokarn 2) Kaushik Basu
3) Kristalina Georgieva 4) Ashok Lahari
5) Laxmi Swaminathan
45. To mark the birth anniversary of Guru Gobind Singh, 350th Prakash Utsav also known as Prakash Parv
organized in ........
1) Amritsar 2) Mumbai 3) Hyderabad 4) Goa
46.
5) Patna
The book titled, "The People's President A.P.J. Abdul Kalam" written by .........
e t
1) K.M. Kasturi 2) A.V. Subramanyam
. n
3) Hamid Ansari 4) Kalavathi Ram
h a
5) S.M. Khan
KEY
i b
a t
1-1; 2-2; 3-4; 4-1; 5-1; 6-1; 7-3; 8-4; 9-1; 10-1; 11-5; 12-1; 13-2; 14-1; 15-1; 16-5; 17-4; 18-4; 19-5; 20-5;
r
21-2; 22-4; 23-3; 24-2; 25-1; 26-2; 27-3; 28-3; 29-3; 30-3; 31-1; 32-3; 33-4; 34-4; 35-1; 36-4; 37-1; 38-1;
39-5; 40-4; 41-3; 42-5; 43-3; 44-3; 45-5; 46-5.
d up Writer: A. Veeraswamy
n a
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BANK EXAMS
GENERAL AWARENESS
1. Who is the convener of the Committee of Chief Ministers on Digital Payments (CCDP) submitted the
report to the Prime Minister on 24th January 2017?
e t
1) Shivraj Singh Chouhan 2) Naveen Patnaik
. n
3) Chandrababu Naidu
5) Devendra Fadnavis
4) V. Narayanaswamy
h a
2.
i b
The committee of Chief Ministers on Digital Payments (CCDP) constituted by ........
1) RBI
3) Amazon
a t
2) SEBI
4) Indian Banks Association
5) NITI Aayog
p r
3.
u
CCDP recommended abolition of the MDR charges to incentivize the digital transactions. In this
context, what is stand by MDR?
d
1) Merchant Digital Rate
n a 2) Maximum Discount Rate
e e
3) Merchant Discount Rate
5) Medium Discount Rate
.
4) Merchant Dormant Rate
4.
w t
Chandrababu Naidu committee proposed to curb large transactions and wanted levying of Banking
w
Cash Transaction Tax (BCTT) on ...... and above.
e
w 1) Rs.1,50,000
5) Rs.5,00,000
2) Rs.30,000 3) Rs.50,000
. n
4) Rs.40,000
5.
h a
The CCDP suggested to bring all insurance, educational institutes, fertilizers, PDS and petroleum
1) Profile Distribution System

i b
sectors within the ambit of digital payments. In this context, PDS stands for ....
2) PIN Distribution System
3) Prize Distribution System
a t
4) Public Dole System
6.
5) Public Distribution System
p r
Chandrababu Naidu Committee requested to initiate Aadhaar-enabled micro ATM infrastructure in how
many post offices in India?
1) 7.14 lakh post offices
d u 2) 0.70 lakh post offices
n
a 4) 5.54 lakh post offices
7.
. e
e
Non-income tax payers and small merchants should be given a subsidy of ...... for purchasing smart
ww
phones as per the report of committee of Chief Ministers on Digital Payments (CCDP)?
1) Rs.2,000 2) Rs.500 3) Rs.1,500 4) Rs.1,000
8.
w 5) Rs.10,000
Chandrababu Naidu declared that Andhra Pradesh is topping the charts in digital payments with ........
in all transactions done in the state.
1) 72% 2) 85% 3) 42% 4) 50%
5) 95%
R-7-2-17
9. Andhra Pradesh Chief Minister said to initiate steps to achieve 100% digital payments in which
district?
1) Krishna 2) West Godavari 3) Prakasam 4) East Godavari
10.
5) Nellore
Which state government launched NTR Arogya Raksha Scheme?
e t
1) Telangana 2) Karnataka 3) Andhra Pradesh
. n
4) Tamilnadu
11.
5) West Bengal
h a
NTR Arogya Raksha Scheme provide medical treatment to the people of the Above Poverty Line
(APL) at ........ per annum.
i b
1) Rs.200 premium
3) Rs.2000 premium
a t
2) Rs.1000 premium
4) Rs.1200 premium
5) Rs.100 premium
p r
12.
u
Which state launched a health education program by name 'Swasthya Vidya Vahini' programme aimed
to develop a disease-free state?
d
1) Haryana
5) Rajasthan
n a
2) Telangana 3) Andhra Pradesh 4) Delhi
13.
e e
Andhra Pradesh launched which mobile wallet having 13 mobile banking and 10 mobile wallets to do
.
online transactions in single app?
w w
1) AP Purse 2) AP Pay 3) APGVB
t
4) AP Amaravathi
e
14. w
5) Amaravathi Pay
. n
'Chandranna Bhima Pathakam' provides relief to the families of unorganized workers in case of death
launched by ......
h a
or disability of the unorganised worker leaving the families in great distress. This insurance scheme
1) Assam 2) Madhya Pradesh

b
3) Andhra Pradesh
i
4) Maharashtra
15.
5) Goa
a t
Which train derailed on 21st January 2017 in Vizianagaram district of Andhra Pradesh near Kuneru?
1) Puri - Chennai Sarkar Express
p r
d u
2) Dhanbad - Bhubaneswar Garibrath Express
3) Jagdalpur - Bhubaneswar Hirakhand Express
a
4) Dibrugarh - Kanyakumari Express
n
16. e
5) Nanded Express
e
Hope Island became graveyard for Olive Ridleys turtles after 54 carcasses of this species were spotted
.
on the shores of island. The island located in which state?
17. w ww
1) Tamilnadu
5) Maharashtra
2) Odisha 3) Andhra Pradesh 4) Karnataka
20th National Conference on e-Governance organized from 9th -10th January 2017 in the state of .......
1) Telangana 2) Andhra Pradesh 3) Kerala 4) West Bengal
5) Rajasthan
18. First village in Andhra Pradesh achieved the status of 'First 100% Smart Digital Village'?
1) Mori 2) Uppugunduru 3) Chinaganjam 4) Gandikunta
5) Vuyyuru
19.
t
Which two states jointly topped the 2016 all-India State / Union Territory-wise Ease of Doing Business
rankings, released by Union Government on 1st November 2016?
e
1) Tamilnadu and Maharashtra
. n
2) Gujarat and Maharashtra
3) Andhra Pradesh and Telangana
h a
4) Andhra Pradesh and Delhi
i b
20.
5) Andhra Pradesh and Maharashtra
a t
Aditya Birla Group decided to invest Rs.7,000 crore in next two years in the state of Andhra Pradesh.
r
Who is the present Chairman of Aditya Birla Group?
1) Kumar Mangalam Birla
3) Ratan Tata
d up 2) Sunil Bharati Mittal
4) Kaizad Heerjee
5) Mukesh Ambani
n a
21.
.e e
HPCL and GAIL signed an agreement to set up 40000 crore petrochemical plant in......
1) Haryana 2) Telangana
w w
3) Andhra Pradesh
5) Odisha
4) Himachal Pradesh
e t
22.
w
23rd January 2017 inaugurated at .......
. n
23rd edition of CII Partnership Summit-cum-Second Sunrise Andhra Pradesh Investment Summit on
1) Hyderabad 2) Visakhapatnam 3) Amaravathi

h a 4) Kurnool
23.
5) Proddutur
i b
Which government announced Rs.100 crore on 25th January 2017 for investing in Fin-tech Start-ups?
1) Karnataka 2) Rajasthan
a t
3) Andhra Pradesh 4) Delhi
24.
5) Telangana
p r
Which state requested Andhra Pradesh to release water from the Krishna river to provide drinking
water?
d u
1) Karnataka
5) Goa
n a
2) Telangana 3) Tamilnadu 4) Kerala
25.
.e e
Which state Chief Minister on 4th January 2017 announced a reward of Rs.100 crore to anybody who
becomes a Nobel Prize winner from the state?
ww
1) Delhi 2) Odisha
26.
w
3) Andhra Pradesh
5) Rajasthan
Where the 104th Indian Science Congress organized?
4) Maharashtra
1) Patna 2) New Delhi 3) Tirupati 4) Mumbai

5) Bangalore
27. What is the theme of Indian Science Congress 2017?
1) Science for the welfare of people
2) Science and innovation
3) Science and Technology for National Development
e t
4) Science and Technology for National Integration
5) Science and You
. n
28.
a
In which state 6,117 Kuchipudi dancers set a new Guinness World Record by performing together in a
single event?
h
1) Telangana 2) Karnataka
i b
3) Maharashtra 4) Andhra Pradesh
29.
5) Gujarat
a t
Which state's economy grew at 10.99% in 2015 - 16 and in the first half of 2016 - 17, went up to
12. 23%?
r
1) Telangana
5) Goa
2) Odisha
d up 3) Andhra Pradesh 4) Maharashtra
30.
n a
Which state launched a special scheme 'Dulari Kanya' on 26th January to check infant mortality by
depositing Rs.20,000 in the bank account of a girl child?
.e e
1) Andhra Pradesh
5) Meghalaya
2) Haryana 3) Arunachal Pradesh 4) UP
31.
w w e t
On 24th January 2017, union government agreed permitting ....... to raise Rs.20,000 crores from the
w
market for on-lending to Cooperative Banks.
1) SBI 2) RBI 3) SEBI
.4) NHB n
5) NABARD
h a
32.
Varanasi?
i b
Which Small Finance Bank started operating its banking business 23rd January 2017 having base at
1) AU Financiers
3) Utkarsh Micro Finance
a t
2) Capital Local Area Bank
4) Ujjivan Financial Services
5) ESAF Microfinance and Investments
p r
33.
u
Which UK based company infused Rs.150 crore in the form of tier-II capital in the Utkarsh Micro
Finance?
d
a
1) First Source Solutions Limited
n
e e
2) Best Way Group
3) Commonwealth Development Corporation
.
ww
4) Arcadia Group
5) Canada and British Development Corporation
34.
w
Punjab National Bank (PNB) launched a contactless credit card on 21st January 2017. It is .......
1) PNB Wave N Pay 2) Punjab Contact
3) PNB Fly 4) PNB Port
5) Punjab Wave Pay
35. 'PNB Wave N Pay' contactless credit card holders need to waive the card across the terminal to
complete the transaction process, without the need to enter any PIN number for transactions upto .......
1) Rs.2,000 2) Rs.1,000 3) Rs.4,000 4) Rs.5,000
36.
5) Rs.10,000
Which bank provide technology platform for pilot launch of India Post Payments Bank (IPPB)?
e t
1) Andhra Bank 2) Canara Bank
. n
5) OBC
4) ICICI Bank
h a
37.
i b
RBI announced the restructuring of which loan will not be treated as Non Performing Asset?
1) Home Appliances Loan
3) Education Loan
a t
2) Auto Loan
4) Commercial Loan
5) Home Loan
p r
38.
u
RBI decided to increase the focus on IT & Cyber Security in financial sector with the help of its IT arm.
d
The name of RBIs IT arm is ...........
a
1) Reserve Bank INFO tech Cyber Cell (ReBIITCC)
n
e e
2) Reserve Bank Institute of Cyber Security (ReICS)
3) Reserve Bank Information Technology Private Ltd (ReBIT)
.
w w
4) Reserve Bank Information Technology Crime Cell (ReBITCC)
5) Reserve Bank Information Technology Security Organization (ReITSO)
e t
39.
w n
RBI imposed how much penalty on Bombay Mercantile Co-operative Bank for violating the KYC and
anti-money laundering norms?
.
1) Rs.70 lakhs 2) Rs.66 lakhs 3) Rs.75 lakhs
h a 4) Rs.80 lakhs
40.
5) Rs.40 lakhs Ans: 3
i b
Lloyds Bank got the final approval from the Insurance Regulatory and Development Authority (IRDA)
t
on 19th January 2017 to set up its first branch in India. It has base .........
1) USA
5) Italy
2) UK
p ra 3) France 4) Germany
d u KEY
n a
1-3; 2-5; 3-3; 4-3; 5-5; 6-3; 7-4; 8-3; 9-1; 10-3; 11-4; 12-3; 13-1; 14-3; 15-3; 16-3; 17-2; 18-1; 19-3; 20-1;
21-3; 22-2; 23-3; 24-3; 25-3; 26-3; 27-3; 28-4; 29-3; 30-3; 31-5; 32-3; 33-3; 34-1; 35-1; 36-3; 37-3; 38-3;
39-3; 40-2.
.e e Writer: A. Veeraswamy
w ww
BANK EXAMS
GENERAL AWARENESS
1. India's next Ambassador to World Trade Organization (WTO) is...
e t
1) Jaishankar
5) Vikas Swarup
2) A.K. Singh 3) Navtej Sarna
n
4) J.S. Deepak
.
2. Where is the headquarters of World Trade Organization?
h a
1) New York
5) Washington
2) Moscow 3) Geneva
i b 4) Rome
3.
a
Presently how many member states are there in WTO?t
1) 164
5) 195
2) 184
p r 3) 185 4) 194
4. Director General of WTO is....

d u
n a
1) Antonio Guterres of Portugal 2) Irina Bokovo of Bulgeria
e e
3) Anthony Lake of USA
5) Yukia Amiano of Japan
.
4) Roberto Azevedo of Brazil
5.
w
New secretary general of SAARC is ......
w
1) Santosh Dube of India
e t
w 2) Khalida Zia Begum of Bangladesh
. n
3) Tilak Ratne of Sri Lanka
4) Amjad Hussain B Sial of Pakistan
h a
5) Tshering Tobgay of Bhutan
i b
6.
t
South Asian Association for Regional Cooperation (SAARC) is the regional intergovernmental
ra
organization and geopolitical union of nations in South Asia. Its headquarters located at...
1) Dhaka 2) New Delhi 3) Colombo 4) Kathmandu
5) Islamabad
u p
7. The strength of SAARC is.....
1) 4
a
2) 5 d 3) 6 4) 10
5) 8
e n
8.
.e
Who was appointed as the new Chairman of the National Commission for Scheduled Tribes (NCST)?
1) P.L. Punia 2) P. Eswaraiah
9. w ww
3) Nand Kumar Sai
5) Naseem Ahmed
4) Lalith Kumar Mangalam
Who was appointed as the spokesperson of the Ministry of External Affairs on 27th February 2017?
1) Anil Baizwal 2) Nirupama Rao
3) Gopal Baglay 4) Rajiv Meharshi
5) Ashok Lavasa
R-6-3-17
10. New Chairman of SEBI is....
1) H.R. Khan 2) C.S. Bhave
3) D. Santhanam 4) Ajay Tyagi
5) Kirthi Sekhar
e t
11. Where is the head office of SEBI?
1) New Delhi 2) Kolkata 3) Mumbai
. n
4) Lucknow
5) Chennai
h a
12. New Prime Minister of Mauritius is...
1) Abdulla Yameen
i b
2) Ameenah Gurib
3) Maithripala Sirisena
a t
4) Pravind Jugnauth
13.
5) Ashraf Ghani
Mauritius headed by which woman president?
p r
1) Ellen Johnson Sirleaf
d u 2) Park Geun-hye
3) Ameenah Gurib
5) Bidhya Devi Bhandari
n a 4) Tsai Ing-wen
14.
.
1) Dollar
e
Mauritius capital is Port Louis. Mauritius currency is....
e 2) Pound 3) Rupee 4) Dinar
w w
5) Peso
e t
15.
w n
Founder of Indian supercomputing Dr. Vijay Pandurang Bhatkar appointed as new Vice Chancellor of...
1) Nalanda University
.
2) Osmania University
h a
3) Benaras Hindu University
4) Delhi University
i b
5) Jawaharlal Nehru Technological University
a t
16.
r
Visitor's Award for the Best University 2017 conferred on .....
1) Banaras Hindu University, Varanasi
p
d u
2) Jawaharlal Nehru University, Delhi
n a
3) Osmania University, Hyderabad
4) Indian Institute of Technology, Kharagpur
17.
.e e
5) Jamia Millia Islamia, New Delhi
Iris Mittenaere won Miss Universe crown 2016. She belongs to.....
18. w ww
1) Philippines
5) USA
2) Haiti 3) Columbia 4) France
Which Indian movie conferred with the Art Cinema Award in the Forum Segment at the 2017 Berlin
International Film Festival in Germany?
1) Vetrumaran 2) Court 3) Newton 4) Try This
5) Bahu Bali
19. Award winning movie "Newton" directed by....
1) Amit Masurkar 2) Ram Gopal Varma 3) Prakash Jha 4) Rajkumar Hirani
5) Pahlaj Nihalani
20. Who has been conferred with the 2017 Legendary Award by the Brand Laureate?
e t
1) Asha Bhonsle
5) Yash Chopra
2) A.R. Rehman 3) Lata Mangeshkar
n
4) Anu Malik
.
21. Vyas Samman 2016 conferred on....
h a
1) Madhu Patkare
3) Kamal Kishore Goyanka
i b
2) Surinder Verma
4) Viswanath Tripathi
5) C.K. Garg
a t
22.
r
For which poetry collection, Surinder Verma got Vyas Samman 2016?
p
1) Kaatna shami ka vriksha padma-pankhuri ki dhar se
u
2) Kisiko Darna Math, Kya aapka Balidan
d
3) Trishul
4) Aam Ke Patte
n a
23.
. e
5) Mohabbath ka Dona
e
Vyas Samman 2015 conferred on ....
w w
1) Shanka Ghosh 2) Sunita Jain
e t
w
3) M.P. Veerendra Kumar
5) Vishwanath Tripathi
4) Surinder Verma
. n
24.
a
For which poetry collection Sunita Jain was selected for the prestigious Vyas Samman 2015 on
2017, February 26th?
h
1) Kshama
5) Sandhya
2) Nirdra 3) Tharuni
t ib 4) Prathima
25.
r a
TROPEX is the month long Indian Naval exercise that began on 2017, January 24th to enable the Navy
strengthens its inter-operability in complex environment. TROPEX stands for....
u
1) Theatre Local Rules Operational Exercise
p
a d
2) Train Readiness Operational Exercise
3) Theatre Readiness Original Exercise
e n
4) Trans Readiness Operational Exercise
e
5) Theatre Level Readiness and Operational Exercise
.
ww
26. Raksha Mantri's Trophy for the best Service Hospital in the Armed Forces Medical Services (AFMS)
conferred on.....
w
1) Command Hospital (Western Command), Ahmedabad
2) INHS Kalyani, Visakhapatnam
3) INHS Asvini, Mumbai
4) Command Hospital (Northern Command), Udhampur
5) Command Hospital (Southern Command), Pune
27. Union Ministry of Drinking Water and Sanitation declared how many districts in India became Open
Defecation Free (ODF) till date under Swachh Bharat Mission?
1) 100 2) 150 3) 125 4) 175
28.
5) 160
Union Minister of Drinking Water and Sanitation is.....
e t
1) Narendra Singh Tomar 2) M. Venkaiah Naidu
. n
3) Jagat Prakash Nadda 4) Anant Geete
a
bh
5) Thawar Chand Gehlot
29. A nation wide campaign Swachhta Pakhwada was organized by ..... from 2017, March 1st to
1) Ministry of Women & Child Development

t i
2017, March 15th to raise awareness about Swachh Bharat Abhiyan.
a
2) Ministry of Environment, Forest and Climate Change
r
u p
3) Ministry of Skill Development and Entrepreneurship
4) Ministry of Water Resources, River Development and Ganga
a d
5) Ministry of Social Justice and Empowerment
On 2017, January 25th to create a centralized database that will have the complete healthcare records
30.
n
of all the citizens in the state through the digitization of government hospitals, which scheme launched
e
by Kerala?
w.e
1) Jeevan Tarang
5) Jeevan Rekha
2) Jeevan Tiranga 3) Jeevan Life 4) Jeevan Shrama
t
31.
w w
inaugurated at....
n e
19th Bharat Rang Mahotsav, the International Theatre Festival of India on 2017, February 1st
1) New Delhi 2) Mumbai 3) Chennai
a . 4) Jaipur
32.
5) Lucknow
b h
31st Surajkhand International Crafts Mela on 2017, February 1st begun in....
1) UP 2) Rajasthan
i
3) Haryana
t 4) Tamilnadu
33.
5) Odisha
r a
Who were appointed to help the visitors to do cashless transactions in Surajkund International Crafts
Mela in Haryana?
1) Business Correspondent Scheme
u p 2) Business Mitra
3) Mela Mitra
a d 4) Dole Mitra
34.
e n
5) Rupay Mitra
17th session of the BIMSTEC senior officials' meeting held on 2017, February 7th at.....
.e
1) Kathmandu 2) Colombo 3) Dhaka 4) New Delhi
ww
5) Bangkok
35. BIMSTEC stands for.....
w
1) Bay of Bengal Integration for Multi-Sectoral Technical and Economic Cooperation
2) Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation
3) Bay of Bengal Initiative for Multi-Sectoral Tour and Economic Cooperation
4) Bay of Bengal Initiative for Mini-Sectoral Technical and Economic Cooperation
5) Bay of Bengal Indian for Multi-Sectoral Technical and Economic Cooperation
36. BIMSTEC is an international organization involving a group of countries in South Asia and South East
Asia. How many member nations are there in BIMSTEC?
1) 10 2) 7 3) 14 4) 5
37.
5) 18
e
In BIMSTEC, the member nations are Bangladesh, India, Myanmar, Sri Lanka, Thailand, Bhutan and t
....
. n
1) China
5) Mauritius
2) Laos 3) Vietnam
h a4) Nepal
38. BIMSTEC Secretariat located in .....
i b
1) New Delhi
5) Naypyidaw
2) Dhaka
a t
3) Male 4) Bangkok
39.
r
Fourth meeting of BIMSTEC Senior Officials' on Energy on 2017, January 11th - 12th held at ....
1) Naypyidaw
5) New Delhi
2) Thimphu
d up 3) Colombo 4) Kathmandu
40.
a
Which country host 4th BIMSTEC Summit in 2017?
1) Bangladesh
e
5) Thailand
. en 2) Sri Lanka 3) Nepal 4) India
41.
w w
1) Odisha 2) Andhra Pradesh
e t
Sumithra Mahajan, the Loksabha speaker inaugurated the South Asian Speakers' Summit 2017 in ......
w
3) Maharashtra 4) Madhya Pradesh
. n
42.
5) Goa
29th International Yoga Festival organized in .....
h a
1) Varanasi (UP)
b
2) Rishikesh (Uttarakhand)
i
3) Gurugram (Haryana)
5) Ganga Sagar (West Bengal)
a t
4) Sravan Belgola (Karnataka)
43. Zero Discrimination Day observed on......
p r
1) 1st March
5) 8th March
d u
2) 12th January 3) 10th December 4) 24th January
n a KEY
e e
1-4; 2-3; 3-1; 4-4; 5-4; 6-4; 7-5; 8-3; 9-3; 10-4; 11-3; 12-4; 13-3; 14-3; 15-1; 16-2; 17-4; 18-3; 19-1; 20-3;
.
21-2; 22-1; 23-2; 24-1; 25-5; 26-3; 27-1; 28-1; 29-1; 30-5; 31-1; 32-3; 33-3; 34-1; 35-2; 36-2; 37-4; 38-2;
ww
39-1; 40-3; 41-4; 42-2; 43-1.
Writer:A. Veeraswamy
w

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www.eenadupratibha.

in the bank, which will have an outlay of .........

h a4) Rs.10 crore

e 2) Iran 3) Iraq 4) Afghanistan

A. Traditional Functions include:

they approach the RBI for assistance.

centralized cash reserves.

w1) Granting Licensing

9. To assist rehabilitation of sick industrial units or rehabilitation of units, Industrial Reconstruction

Security Features on Indian Bank notes:

plain, non-readable fully embedded security thread.

available to the public also at cheaper rates.

.e e Supervisory Functions of RBI

systems of banks and financial institutions.

n 2) Hyderabad 3) Visakhapatnam 4) Shimla

11. Whose signature appears on coins?

banks. Mainly the exchange banks were financed by non-Indians.

not less than 620 more banks were failed.

geographical area loosing the All-India Structure.

Liquidation and Amalgamation of Banks

w percent reserve against them.

d 3) HDFC 4) Citi Bank

.e e Development Banks in India

SBI PROBATIONARY OFFICERS

Issue of Electro - Magnetic Cards

Cards, Charge Cards, Kisan Credit Cards etc.

Encouragement to Bank Amalgamation:

d u 2) Union Bank of India

24. Which state launched Pashudhan Bima Yojana recently?

a d 4) Rani Singh Nair

example for Mobile wallet?

intended remitter by using Virtual ID.

3) Generating OTP (One Time Password)

transferred on the basis of Virtual ID/ Account number and IFSC.

context, USSD stands for .........

5) All of above statements correct

5) Asian Development Bank

1) Income Deposit Scheme

e 2) 1916 3) 1889 4) 1888

a3) Rs.50,000 4) Rs.10,000

2) National Appendix Promotion Scheme.

p r 4) Monetary Public Committee

n a2) Rs.75,000 3) Rs.2 Lakh 4) Rs.5 Lakh

1) Raghuram Rajan 2) Shyamal Gopinath

h a4) Tamil Nadu

18. Punch Lines of Banks given. The wrong combination is...?

1) Acceptance Development Fund

2) Agreement Development Fund

p r 4) Justice R.M. Lodha

.e e 2) 8.5% 3) 10% 4) 9.8%

h a4) Canara bank

account based in India on 27th October 2016?

1) SBI New York Branch

1) Naushad Forbes 2) Sidharth Birla 3) C.P.Gurnani

d u 2) African Development Bank

1) Sweden 2) Norway 3) Hong Kong 4) Singapore

w 2) 80% 3) 50% 4) 100%

1) 75% 2) 80% 3) 100% a

h a4) Rs.10 Lakhs

a t3) IMF 4) ADB

24. Niti Aayog stands for .............

4) Year of printing '2016' printed on the reverse of the banknote.

on 2016 November 8th.

RBI on 8th November 2016.