Monday, October 17, 2011

IBPS CLERKS BANKING AWARENESS PRACTICE QUESTIONS


1. To start a Private Sector bank Rs.......... crores must be needed as initial capital as per the recent proposal of RBI?
1) 100
2) 200
3)1000
4)1800
5) 500

2. Private Sector banks controlled by ..........?
1) RBI
2) Finance Minister
3) NABARD
4) IDBI
5) Indian Banks Association

3. On 6 September 2011, RBI said the pre-payment fee on floating loans must not collect on..........?
1) Vehicle Loans
2) Commercial Loans
3) Teaser Loans
4) White goods
5) Housing Loans

4. In the last 33 years, the pioneer in the granting of housing loans is ..........?
1) ICICI
2) Canara Bank
3) Corporation Bank
4) HDFC
5) Axis Bank

5. Which committee suggested that to initiate new Non-Banking Finance Company (NBFC) Rs. 50 crore must be needed?
1) K.J.Udeshi
2) Shyamala Gopinath
3) Usha Thorat
4) Ghosh
5) Omkar Goswami

6. Which bank sought Rs. 990 crores capital infusion from the Government to fund its business growth?
1) State Bank of India
2) Punjab National Bank
3) Punjab & Sind Bank
4) Oriental Bank of Commerce
5) HDFC

7. Most liquid form among the following one is .......... ?
1) Cheque
2) Draft
3) Cash
4) Debit Card
5) Credit Card

8. Most Liquid form among the following one is ..........?
1) money in the Fixed Deposit account
2) money in the Recurring account
3) money in Savings account
4) money in the Bank Bonds
5) money in blue chip shares

9. The most non-liquid form of money is ..........?
1) Bank Share
2) Bank Savings Account
3) Post office savings and certificates
4) Fixed deposit
5) Land and Buildings

10. The Associate bank of SBI do not include ..........?
1) SBH
2) SBP
3) SBM
4) SBT
5) SBC

11. On 1st September 2011, RBI said the total value of fake notes in India is approximately ..........?
1) 5000 cr
2) 150 cr
3) 1000 cr
4) 8000 cr
5) 3200 cr

12. On 6th September 2011, RBI said the unclaimed amounts in Indian banks approximately ..........cr?
1) 100
2) 5000
3) 6000
4) 1500
5) 1700

13.The utmost advantage of plastic money is ..........?
1) Style
2) Printing very cheap
3) Circulation very easy
4) Occupy less space
5) Shelf life will be longer

14. Paid up capital means ..........
1) Amount of share capital actually contributed by share holders
2) Amount of share capital actually contributed by promoters on ad-hoc basis
3) Capital borrowed from the public
4) Loan given by the banks on the first day of establishment
5) Capital paid but asked to return by share holders

15. Extending bank credit includes ..........?
1) Cash Credit
2) Over Draft
3) Demand Loans
4) Term Loans
5) All of above

16. To stop the growth of NPAs Credit Information Bureau Limited (CIBIL) was established in ..........?
1)1991
2) 1998
3) 1956
4) 2010
5) 2001

17. .......... give the short term and medium term loans to Regional Rural banks?
1) RBI
2) NABARD
3) SBI
4) HDFC
5) CBI

18. In the re distribution of incomes, inflation favours ..........?
1) poor people
2) BPL families
3) engineers
4) rich people
5) poor and rich people

19. A loan allows the person to pursue higher studies is..........?
1) Education Loan
2) Housing Loan
3) Admission Loan
4) Passing Loan
5) Purse and Mess Loan

20. Village people take more loans from non-institutional sources (informal route). It includes?
1) Scheduled banks
2) Money Lenders
3) Co-operative banks
4) Rural banks
5) Public Sector banks

21. The paper currency cannot be minted by Reserve Bank of India?
1) Ten rupee
2) Hundred rupee
3) Fifty rupee
4) Twenty rupee
5) One rupee

22. Asia's largest bank is ..........?
1) ICBC
2) SCB
3) SBI
4) BOT
5) Indian Bank

23. Term not used in banking?
1) Tied Loan
2) Soft Loan
3) Crossing
4) Bounce
5) Multiplier

24. By 2015,..........crosses USA to become world's largest banking industry?
1) India
2) China
3) Japan
4)Australia
5) Canada

25. On 25 August 2011,India and Georgia signed Double Taxation Avoidance Agreement (DTAA). Georgia capital is ..........
1) Mascow
2) Tashkent
3) Bejing
4) Baku
5) Tbilisi

26. As per TRAI instructions daily ..........SMS can be send only through one SIM card?
1) 100
2) 200
3) 300
4) 400
5) 1000

27. Expand SIM?
1) subscriber identification mode
2) subscriber identification model
3) sim identification mode
4) subscriber identification memory
5) subscriber identification module

28. Typoon Talas struck ..........?
1) China
2) Australia
3) Nepal
4) Hongkong
5) Japan

29. On 4th September 2011, the union government agreed the ..........master plan for back water tourism?
1) Tamilnadu
2) Odisha
3) Andhra Pradesh
4) Maharastra
5) Kerala

30. Prime Minister of Bangladesh is ..........?
1) Sheikh Husina
2) Zillur Rahman
3) Asif Zardari
4) Yousaf Gillani
5) Hina Rabbani Khar

31. Union Cabinet approved release of additional installment of Dearness Allowance (DA) at the rate of ...........percent?
1) 7
2) 5
3) 6
4) 8
5) 10

32. I am visiting Japan. So I need .........., which is a local currency?
1) Yuan
2) Rubel
3) Rupee
4) Yen
5) Lira

33. Tropical storm Lee struck ..........?
1) China
2) India
3) New Zealand
4) Canada
5) USA

34. ..........is the present Ambassador of USA to India?
1) Alexander Kadakin
2) Ajai Malhotra
3) Niripama Rao
4) Peter Burleigh
5) None

35. Expand VAMBAY?
1) Valmiki Ambedkar Awas Yantra
2) Vendee Ambedkar Awas Yojana
3) Valmiki Ambedkar Area Yojana
4) Valmiki Awas Area Yojana
5) Valmiki Ambedkar Awas Yojana

36. Urdu poet and academician ..........was presented Jnanpith Award 2008?
1) Akhlaq Mohammad Khan Shahryar
2) Chandrashekhara Kambara
3) Mirza Galib
4) Rahi Masoom Raza
5) None

37. Who did 12 day fasting against corruption ending 28th August 2011?
1) Baba Ramdev
2) Kiran Bedi
3) Anna Hazare
4) Jayaprakash Narayan
5) Narender Modi

ANSWERS:

1)5 2)1 3)5 4)4 5)3 6)3 7)3 8)3 9)5 10)5 11)5 12)5 13)5 14)1 15)5 16)5 17)2
18)4 19)1 20)2 21)5 22)1 23)5 24)2 25)5 26)1 27)5 28)5 29)5 30)1 31)1 32)4 33)5
34)4 35)5 36)1 37)3.