Online Test-5 General Awareness (Banks)
- 1.
The RBI has asked the banks not to grant loans to individuals for the purchase of which of the following ?
- A.
Gold
- B.
Agricultural land
- C.
Two-wheelers in rural areas
- D.
Kisan Vikas Patra
- E.
All of these
Correct Answer
E. All of these -
- 2.
‘Global Warming’ is a major cause of concern these days all over the word. Which of the following efforts on the part of the people/ governments can help all of us in reducing the effect of the same ? [(Pick up the correct statements(s).] A) Increasing energy efficiency standards B) Eliminating subsidies that encourage the use of coal and oil as subsidy makes them cheaper C) Eliminating thick forests as they absorb the sunlight and thus slow down the process of recirculation of fresh gases in the atmosphere
- A.
Only A
- B.
Only B
- C.
Only C
- D.
Both A & B
- E.
All A , B & C
Correct Answer
D. Both A & B -
- 3.
The Foreign Exchange Reserves of Indian are kept in the custody of
- A.
World Bank
- B.
International Monetary Fund
- C.
Prime Minister Rahat Kosh
- D.
Reserve Bank of India
- E.
None of these
Correct Answer
D. Reserve Bank of India -
- 4.
The Reserve Bank of India issues coins and notes of various denominations. At present RBI does not issue coins of which of the following denominations ?
- A.
10 paise
- B.
20 paise
- C.
25 paise
- D.
50 paise
- E.
1.00 Rupee
Correct Answer
E. 1.00 Rupee -
- 5.
Many a time we read in newspapers about ‘Financial Inclusion’. What does it really mean ? [(Pick up the correct statements(s).] A)Allow the merger and acquisition of banks so that only few big banks exist and continue to cater to the need of corporate sector. B)Expanding the network of banks in such a way that people from lower strata of services provided by banks. C)Providing insurance cover to each and every citizen so that he/she can live a healthy and long life.
- A.
Only A
- B.
Only B
- C.
Only C
- D.
Both A & B
- E.
All A , B & C
Correct Answer
B. Only B -
- 6.
Various banks in the country have installed machines which disburse money to general public. These machines are called
- A.
Coin dispensing machines
- B.
ATMs
- C.
Debit Card Machines
- D.
Ledger Machines
- E.
None
Correct Answer
B. ATMs -
- 7.
Which of the following countries has not made any significant investment in India ?
- A.
Japan
- B.
USA
- C.
Nepal
- D.
Britain
- E.
France
Correct Answer
C. Nepal -
- 8.
Which of the following names is NOT associated with insurance business in India ?
- A.
Bajaj Allianz
- B.
LIC
- C.
GIC
- D.
Tata AIG
- E.
GE Money
Correct Answer
E. GE Money -
- 9.
Commodity Exchanges at various places in India are trading in many metals like gold, silver etc. Many times we read in newspapers that gold no more has remained the highest trading option and has been replaced by a non traditional metal known as
- A.
Copper
- B.
Steel
- C.
Zinc
- D.
White gold
- E.
None
Correct Answer
D. White gold -
- 10.
Which of the following is known as Plastic money ? A)Demand Draft B)Credit Card C)Debit Card
- A.
Only A
- B.
Only B
- C.
Only C
- D.
Both B & C
- E.
All A, B & C
Correct Answer
D. Both B & C -
- 11.
Many a time we see a term in newspapers ‘IPO’. What is the full form of the same ?
- A.
Indian Public Offer
- B.
Institutional Purchase Offer
- C.
Industrial Purchase Order
- D.
Indian Purchase Offer
- E.
Initial Public Offer
Correct Answer
E. Initial Public Offer -
- 12.
Many a time we read in financial newspapers a term/name NMCEX. What is the full form of the same ?
- A.
New Multi Capital Exchange
- B.
National Medium Commodity Exchange
- C.
National Multi Commodity Exchange
- D.
Net Marketable Commodity Exchange
- E.
None of these
Correct Answer
C. National Multi Commodity Exchange -
- 13.
Many banks these days are entering into the business of offering loans against property. This business of the banks can be categorized under which of the following heads of banking ?
- A.
Corporate Banking
- B.
Personal Banking
- C.
Merchant Banking
- D.
Portfolio Management Service
- E.
None of these
Correct Answer
B. Personal Banking -
- 14.
Which of the following organizations/ banks has done a commendable work in the field of micro-finance and was awarded Noble Prize also in the past ?
- A.
Gramin Bank of Bangladesh
- B.
CRY
- C.
ASHA
- D.
NABARD
- E.
None of these
Correct Answer
A. Gramin Bank of Bangladesh -
- 15.
Noble Prize are NOT given for the performance in the area of
- A.
Literature
- B.
Physics
- C.
Chemistry
- D.
Music
- E.
Medical Science
Correct Answer
D. Music -
- 16.
Which of the following is considered an informal method of getting credit/finance ?
- A.
International banking
- B.
Branch visits
- C.
Going to money lenders
- D.
Tele banking
- E.
All of these
Correct Answer
C. Going to money lenders -
- 17.
Which of the following nations is NOT a member of the SAARC
- A.
Bangladesh
- B.
Bhutan
- C.
Nepal
- D.
Maldives
- E.
South Africa
Correct Answer
E. South Africa -
- 18.
Which of the following indexes is developed to measure life expectancy, level of literacy, education and standard of living of people in a country ?
- A.
Inflation
- B.
Sensex
- C.
Human Development Index
- D.
SLR
- E.
None of these
Correct Answer
C. Human Development Index -
- 19.
Which of the following is NOT a Public Sector Unit/ Undertaking/ Agency ?
- A.
ECGC
- B.
SEBI
- C.
SIDBI
- D.
Axis Bank
- E.
BHEL
Correct Answer
D. Axis Bank -
- 20.
As per the news appeared in some major newspapers, India is number two in getting ‘PE’. What is the full form of ‘PE’ as used in the financial world ?
- A.
Professional & Eco-friendly
- B.
Profitable Equity
- C.
Profitable & Economical
- D.
Private & Economical
- E.
Private Equity
Correct Answer
E. Private Equity -
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Current Version
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Mar 21, 2022Quiz Edited by
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Feb 29, 2012Quiz Created by
Bankexamsportal
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