January C.A

8/17/2019 January C.A.

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INDIAN SCHOOL OF BANKING 1 GENERAL AWARENESS

ISB

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CURRENT CURRENT CURRENT CURRENT CURRENT

AFFAIRS AFFAIRS AFFAIRS AFFAIRS AFFAIRS

JANUARY - 2014

Unlimited Practice only at

Our Branches @ Twin Cities

www.isbcoaching.comU U

AMEERPET206B, 2nd Floor

Pancom Business Centre,

Chennai Shoping Mall,

Ameerpet

Hyderabad - 500 016

Ph : 92468 88376

DILSUKHNAGAROpp. Kalaniketan Wedding Mall

Beside : Gowtam Model School

Dilsukhnagar

Hyderabad - 500 036

Ph : 92468 88377

K.P.H.B.

Road No. 2, III Floor

Above Kotak Mahendra ATM

Near R.S. Brothers

Hyderabad - 500 072,

Ph : 92468 88378

SECUNDERABAD

1st Floor, West Block

Archana Arcade

Opp : Rethifile Bus station

Hyderabad - 500 003

Ph : 92468 88379

ABIDSOpp. Chermas,

Lenaine Estate,

9/A-Block A, 3rd Floor,

Next to SBH Office

Hyd. - 500 001

Ph : 92468 88381

J J

J J


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1) Gabriela Isler of ______ crowned Miss Universe 2013. – Venuzula

2) The Government of India recently decided to confer, the Bharat Ratna, the highest civilian

award on eminent scientist Prof. ______ and cricket icon Sachin Tendulkar. – CNR Rao3) The Government appointed ______ the first Chairperson and Managing Director (CMD)

of Bharatiya Mahila Bank, the first all-woman bank. – Usha Anantha Subramanian

4) Recently-retired batting legend Sachin Tendulkar became ______’s first brand ambassa-

dor for South Asia and is all set to work in promoting hygiene and sanitation in the region.

– UNICEF

5) ______ to host 2018 Hockey World Cup. – India

6) The Government has decided to appoint Air Marshal ______ – Arup Raha

7) ______ has been appointed as the chairman of National Payments Corporation of India

(NPCI). – M. Balachandran

8) ______ was appointed as the new chairman of Pension Fund Regulatory and Develop-

ment Authority (PERDA), after Yogesh Agarwal resigned from the post.

– Anup Wadhawan

9) The 12th edition of the Pravasi Bharatiya Divas (PBD) convention to be held in _____ will

have ‘Engaging Diaspora : Connection Across Generations’ as its theme. – New Delhi

10) Former Union Home Secretary ______ was appointed as the new Chairman of MCX

Stock Exchange (MCX–SX). – Gopal Krishna Pillai

11) ______ selected for this year’s prestigious Indira Gandhi Prize for Peace, Disarmament

and Development. – Angela Merkel, German Chancellor

12) LG ICC People’s Choice Award 2013 won by ______, only the SEcond Indian Cricketer

to win this prize after Sachin Tendulkar. – M.S. Dhoni

13) The 22nd Commonwealth Heads of Government Meeting (CHDGM) held in ______ on

the theme “Growth with Equity : Inclusive Development”. – Colombo, Srilanka

14) India’s ______ won the Macau Open Grand Prix Gold Badminton title with a thumping win

over Canada’s Michelle Li. – P.V.Sindhu

15) World number one ______ won world Chess Championship title defeated Viswanathan

Anand in ten games in Chennai, India, Scoring three victories and Seven draws. – Magnus Carlsen, Norway

16) ______ won Formula One’s Brazilian Grand Prix. – Sebastian Vettel

17) ______ recently became the third cricketer in the world to score a double hundred in an

ODI match. – Rohit Sharma

18) National Education Day is celebrated on ______ – 11th November

19) ______, who became the fastest batsman to reach the 5000-run mark in ODI Cricket

recently. – Virat Kohli


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20) ______ is the new penalty fixed by the Department and Telecom for companies whose

mobile towers will be found violating radiation emission levels. – 10 Lakhs

21) ______ Tehelka editor who is facing rape charge. – Tarun Tejpal

22) The new chairman of the 20th Law Commission of India is ______ – Ajit Prakash Shah

23) The 23rd Commonwealth Heads of Government Meeting (CHDGM) will be held in 2015 in

______ – Malta

24) ______ is to be the next President of the FICCI in 2014. – Siddhartha Birla

25) “Smarte Trekk” is the autobiography of ______

– Magnus Carlsen, Norway, World Chess Champion

26) ______ is the name of India’s first inter-planetary mission MOM (Mars Orbiter Mission).

– Mangalayaan

27) ______ is the first female managing director of the LIC of India appointed recently. – Usha Sangwan

28) ______ launched a nationwide campaign named “Take the Poo to Loo” in India to raise

awareness against open defecation. – UNICEF

29) ______ Crowned Miss Asia Pacific World 2013. – Srishti Rana, India

30) India’s CAG (Comptroller and Auditor General) ______ elected to the UN Board of

Auditors recently. – Shashi Kant Sharma

31) Viktor Orban, Prime Minister of ______ Visited India. – Hungary

32) India launched its ambitious pension scheme, The Mahatma Gandhi Pravasi Suraksha

Yojana for over five million overseas workers in ______ – Dubai

33) The IHF elected ______ as the president of the Indian Hockey Federation.

– Kanwar Deep Singh

34) Recently retired Cricket Icon Sachin Tendulkar played his last test match against ______

– West Indies

35) ______ has been conferred with the European Union’s Prestigious Sakharov Prize 2013.

– Malala Yousufzai

36) ______ is the male World Athlete of the year 2013. – Usain Bolt

37) ______ is the female World Athlete of the year 2013. – Shelly-Ann Fraser-Pryce38) The Prime Minister announced ______ crores assistance to the each of the phailin-

affected states of Andhra Pradesh and Orissa. – 1000

39) The Vice-President Hamid Ansari went to ______, ______ and ______ on an eight-day

official visit recently. – Cuba, Peru and the UK

40) ______ succeeded Salman Bashir as Pakistan’s next high commissioner to India.

– Syed Ibne Abbas


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Banking Special:

41) The Reserve Bank of India relaxed norms for non-banking finance companies (NBFCs)

in insurance jooint ventures by allowing them to hold more than 50 percent in suchcompanies.

42) The Reserve Bank of Iindia decided to include bank loans to medium manufacturing

enterprises as priority sector advances.

43) The RBI allowed commercial banks to revise the periodicity of interest payments. It has

been decided to give banks the option to pay interest on savings deposits and term

deposits at intervals shorter than quarterly intervals. presently, banks are required to pay

interst on savings and term deposits at quarterly or longer intervals.

44) The Finance Ministry annouced that it would infuse Rs.14,000 crore capital in various

banks in this fiscal.45) The Reserve Bank of India has directed PSBs to provide credit to women Self Help Groups

(SHGs) at 7% Per annum.

46) The Reserve Bank of India (RBI) has relaxed the norms for the foreign banks opertions in

India recently.

The RBI has permitted wholly-owned subsidiary (WOS) of foreign banks to acquire

domestic private sector banks as well as set up branches anywhere in the country.

It has also allowed foreign bank subsidiary to list on local stock exchanges.

The Initial minimum paid up voting equity capital for a WOS would be 500 crores for the

new entrants.

The WOS may dilute their stake to 74% or less in accordance with the existing FDI policy.

47) The Reserve Bank of India directed public sector banks to provide credit to woman Self

Help Groups (SHGs) that for all loans up to 3 lakh sanctioned to women SHGs on or after

1 Dec 2013, banks must charge an interest an interest rate of 7% so as to get the benefit

of interest subvention scheme under the Swarnajayanti Gram Swarozagar Yojana (SGSY),

Aajeevika.

48) The Central Board of direct Taxes has made e-filing of income-tax returns mandatory for

all assesses whose annual earnings exceed 20 lakhs during the fiscal.49) The RBI opened a 5000 crore rupees refinance window for a period of one year for the

Micro and Small Enterprises (MSE) sector. The amount of Rs. 5000 crore will be provided

to the Small Industrial Development Bank of India (SIDBI).

50) First all-woman bank, Prime Minister Manmohan Singh launching the Bharatiya Mahala

Bank in Mumbai. The Bank, head quartered in New Delhi, was launched with a corpus of

Rs. 1000 crore. The bank started operations with Seven branches and as many auto-

mated teller machines. It has targeted setting up 25 branches and 100 ATMs by March.


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1. Eleanor Catton recently became the yougnest even winner of the Man Booker Prize

for her novel The Luminaries. She belongs to which of the followig countries?

1) Australia 2) USA 3) New Zealand 4) Japan 5) None of these

2. Who of the following has been recently presented with the first National Yash Chopra

Memorial Award?

1) Meera Kumar 2) Manoj Kumar 3) Lata Mangeshkar

4) Amir Khan 5) None of these

3. Martha Dodray, a health worker has recently won the global UN Award for her

commitment and dedication to eradicate Polio in India. She is related to which of

the following states?

1) Bihar 2) Kerala 3) Chhattisgarh 4) Jharkhand 5) None of these

4. Who of the following has recently won the presidential elections in Maldives?1) Mohammad Jamil Admed 2) Abdulla Yameen 3) Mohammad Nasheed

4) Maumoon Gayyoom 5) None of these

5. Who of the following Indian women has topped the list of India’s most powerful

business women according to business magazine Fortune?

1) Shikha Sharma 2) Arundhati Bhattacharya 3) Chanda Kochhar

4) Kiran Majumdar Shaw 5) None of these

6. Who of the following was appointed the new army chief of Pakistan?

1) Rashid Amla 2) P.V. Naik 3) Aarif Tomar 4) Raheel Sharif 5) None of these

7. Who of the following was recently conferred with the Prestigious Mother Teresa

Memorial International Award for social justice 2013?

1) Sushmita Sen 2) Jaya Bachchan 3) Ila Bhatt

4) Medha Patkar 5) None of these

8. Who of the following was recently appointed the Director General (DG) of Indo

Tibetan Border police (FTBP)?

1) Ajay Chadha 2) Subhas Goswami 3) Ranjit Sinha

4) Kunal Kapoor 5) None of these

9. Who of the following has recently become the firstever recipient of the 1 millionDollar genesis prize, an award popularly dubbed the “Jewish Nobel Prize”?

1) Michael R. Bloomberg 2) Barack Obama 3) Benjamin Netanyahu

4) Bobby Jindal 5) None of these

10. Who of the following was recently appointed the managing director and chief

executive director of the LIC Housing Finance?

1) Sunita Sharma 2) V.K. Sharma 3) Shikha Sharma

4) Srishti Sharma 5) None of these


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11. India and which of the following countries recently signed the bilateral agreement

for the promotion and development of traditional systems of medicine?

1) Hungary 2) Russia 3) Nepal 4) Serbia 5) None of these12. Which of the following statement/s is/are true about Prof. C.N.R. Rao, recently

declared Bharat Ratna by Government of India?

1) Prof. CNR Rao is Honorary President of Jawaharlal Nehru Centre for Advanced

Scientific Research, Bangalore, India

2) He is presently serving as the head of the Scientific Advisory Council to the Prime

Minister of India

3) Sachin Tendulkar will also be awarded with him.

1) Only 1 2) Only 2 3) Both 1 and 2 4) All 1, 2 and 3 5) None of these

13. India with which of the following countries has recently signed Border DefenceCooperation Agreement (BDCA)?

1) Nepal 2) China 3) Pakistan 4) Bangladesh 5) None of these

14. Which of the following states recently topped the list of best business destinations

in India as per the study done by Global Initiative for Restructuring Environment

and Management?

1) Chennai 2) Mumbai 3) Bangalore 4) Pune 5) None of these

15. India’s largest Air Traffic Control (ATC) tower has been recently inaugurated at

which of the following place?

1) Rajiv Gandhi International Airport 2) Mumbai International Airport3) Bangalore International Airport 4) Indira Gandhi International Airport

5) None of these

16. Which of the followign states has recently become the first state in the country to

ban e-cigarettes?

1) Himachal Pradesh 2) Punjab 3) Haryana 4) Uttarkhand

5) None of these

17. India recently signed an agreement with which of the following countries to

produce indigenous ethanol and reduce country’s dependence on its import?

1) Finland 2) USA 3) Venezuela 4) Iran 5) None of these

18. The “She Taxi” project, which is aimed at ensuring safe travel for women, will be

recently launched in which of the following states?

1) Gujarat 2) Kerala 3) Goa 4) Mizoram 5) None of these

19. Prime Minister of India, Dr. Manmohan Singh recently inaugurated the Sardar

Vallabhbhai Patel National Museum at which of the following Places in Gujarat?

1) Ahmedabad 2) Gandhi Nagar 3) Baroda 4) Jamnagar 5) None of these


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20. Which of the following schemes is recently launched as pension and life insurance

fund scheme for blue collar Indian Workers in Dubai?

1) Rajiv gandhi Pravasi Suraksha Yojana 2) Mahatma Gandhi Pravasi Sandhya Yojana3) Rajiv Gandhi Pravasi Sandhya Yojana 4) Mahatma Gandhi Pravasi Suraksha Yojana

5) None of these

21. Which of the following place is declared as the first zero-landless district in the country?

1) Kannur 2) Medak 3) Nasik 4) Mysore 5) None of these

22. INS Vikramaditya aircraft carrier was recently inducted to the India Navy. What is

the original name of this aircraft carrier?

1) Long Beach 2) Sea Tiger 3) Sea Horse 4) Baku 5) None of these

23. Which of the following airports were recently declared as international airports by

the Union Cabinet of India?

1) Bhubaneswar and Imphal 2) Gaya and Imphal

3) Chandigarh and Ahmedabad 4) Ranchi and Srinagar 5) None of these

24. India has recently signed a treaty to transfer of sentenced prisoners in the jails in

th two countries, with which of the following countries?

1) Vietnam 2) US 3) Malaysia 4) Nepal 5) None of these

25. Which of the following countries recently begin “hand in hand”, a 10 day anti-

terror military drill with India?

1) Afghannistan 2) China 3) Nepal 4) Sri Lanka 5) None of these

26. Which of the following countries recently banned its citizens from travelling abroad

to look for work?

1) Israel 2) South Africa 3) Ethiopia 4) Sweden 5) None of these

27. The world’s first publicly accessible ATM machine which can exchange digital

currency (Bitcoins) for any official currency has recently launched in which of the

following countries?

1) Canada 2) France 3) Japan 4) USA 5) None of these

28. Which of the following is the only country in the world that effectively prohibits

women from driving recently?

1) Iran 2) Kuwait 3) Saudi Arabia 4) Iraq 5) None of these

29. Which of the following nations has recently signed a comprehensive free trade

agreement with European Union to boost growth and employment?

1) USA 2) Canada 3) Japan 4) Russia 5) None of these

30. Which of the following bank has recently entered into a business tie-up with Indian

Railways IRCTC to offer online train ticketing services to its customers?

1) ING Vysya Bank 2) SBI 3) YES Bank 4) HDFC Bank 5) None of these


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31. The Reserve Bank of India (RBI) has recently permitted the Wholly Owned

Subsidiaries of the foreign banks to acquire the domestic private sector banks. In

such foreign bank will not be allowed to hold more than _______ in a private sector

banks they may acquire.

1) 25% 2) 49% 3) 51% 4) 76% 5) None of these

32. Which of the following companies has emerged as India’s top-notch brand in

Banking and Financial industry (BFSI) category, according to a report titled ‘India’s

Most Attractive Brands”?

1) ICICI Bank 2) SBI 3) LIC 4) Axis Bank 5) None of these

33. Tata Communications Payment Solutions Ltd (TCPSL), a wholly owned subsidiary

of Tata Communications Ltd, recently iaugurated Indicash. ATMs at which of the

following places?

1) Mysore 2) Thane 3) Lucknow 4) Mumbai 5) None of these

34. Which of the following Bank has recently launched a new Facebook-app that will

enable its customers to transact directly from the social networking site?

1) ICICI Bank 2) HDFC Bank 3) Yes Bank 4) Axis Bank 5) None of these

35. Which of the following Bank has recentl become the first bank to raise funds

overseas using the swap loan facility provided by the Reserve Bank of India?

1) Yes Bank 2) Federal Bank 3) Axis Bank 4) HDFC Bank 5) None of these

36. Bharatiya Mahila Bank, the country’s first all-women commercial bank, has recently

commenced its operations with how many branches?

1) 3 2) 5 3) 7 4) 9 5) None of these

37. Reserve Bank of India has recently directed the Public Sector Banks (PSBs) to

provide loans to which of the following at 7 per cent per annum?

1) Students 2) NGOs 3) Women Self-Help Groups (SHGs)

4) MSMEs 5) None of these

38. Supreme Court of India recently ruled that Courts cannot impose a fine of more

than _____ in bounced cheques?

1) Twice the amount 2) Thrice the amount 3) Equal to the amount

4) None of above39. Which of the following banks has recently won golden peacock award for

excellence in corporate governance 2013?

1) SBI 2) Syndicate Bank 3) Canara Bank

4) PNB Bank 5) None of these

40. The proposed aviation venture of TATA with Singapore Airlines (SIA) has recently

got corporate Affairs Ministry’s approval to use the name “Tata SIA Airlines Ltd”.

Tata Group will hold how much per cent stake in the company?


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1) 51% 2) 49% 3) 61% 4) 55% 5) None of these

41. Which of the following banks has recently launched the e-KYC initiative to

facilitate paperless banking to Aadhaar card holders?1) Axis Bank 2) SBI 3) ICICI 4) HDFC 5) None of these

42. The Finance Ministry recently announced that it would infuse 14000 crore Rupees

capital in 20 public sector banks during the current financial year, i.e., 2013-14.

State Bank of India will get how much crores equity capital from the government?

1) 2000 2) 2500 3) 2200 4) 1800 5) None of these

43. Who of the following has recently won the Indian Grand Prix 2013?

1) Jaun Manuel 2) Michael Schumacher 3) Sebastian Vettel

4) Mark Webber 5) None of these

44. Indian Cricketer Virat Kohli beame the fastest batsman to score 5000 runs in

one-day internationals. he has equalled the record of which of the following

veteran cricketers?

1) Sachin Tendulkar 2) Sunil Gavaskar 3) Sir Viv Richards

4) Don Bradman 5) None of these

45. The International Hockey Federation, FIH has recently selected which of the

following countries to host hte men’s World Cup, which is planned for December

2018?

1) Pakistan 2) England 3) India 4) Britain 5) None of these

46. Which of the following team recently terminated by the BCCI from the IPL after the

Sahara-owned franchise failed to pay its payments and refused to furnish the bank

guarantee for the next season?

1) Pune Warriors 2) Rajasthan Royals 3) Royal challengers Bangalore

4) Mumbai Indians 5) None of these

47. Sports Ministry of India has recently launched ‘India Sports 2014’ to promote sports

among youth in the country with which of the following organizations?

1) FICCI 2) BCCI 3) IRCTC 4) NABARD 5) None of these

48. Who of the following recently became a part of the history by becoming the third

Indian pistol shooter to win Gold at the World Cup Final?

1) Heena Sidhu 2) Gagan Narang 3) Annu Raj Singh

4) Lajja Gauswami 5) None of these

49. Magnus Carlsen has recently won the FIDE World Chess Championship 2013 after

defeating the previous world chamion Viswanathan Anand of India. Magnus

belongs to which of the following countries?

1) Britain 2) Australia 3) Norway 4) New Zealand 5) None of these


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50. Which of the following cities has got the world’s first publicly accessible ATM

machine which can exchange digital currency, Bitcoins, for any official currency?

1) Toronto 2) London 3) New York

4) Vancouver 5) None of these.

51. Yuki Bhambri is associated with which of the following games?

1) Hockey 2) Squash 3) Tennis

4) Badminton 5) None of these

52. Who among the following has won the 2013 Singapore Grand Prix Formula One

championship recently?

1) Sebastian Vettel 2) Lewis Hamilton 3) Mark Webber

4) Fernando Alonso 5) None of these

53. The country’s first all-women bank Bharatiya Mahila Bank was launched on 19 Nov,whic is the birth anniversary of

1) Indira Gandhi 2) Vijaya Lakshmi Pandit 3) Annie Besant

4) Sarojini Naidu 5) None of these

54. Consider the following statements with respect to the recently launched India’s

first Mars Orbiter Mission (MOM):

1) It was launched from the Satish Dhawan Space Centre in Sriharikota

2) India’s indigenous launch vehicle PSLV C25 carried the MOM

3) After launch, the satellite is expected to go around the Earth for 20-25 days, befor

embarking on a nine-month voyage to the red planet

4) India’s Rs. 1000 cr MOM mission is the third in the world, after the US and Russia

1) Only 1 and 2 2) Only 2 and 3 3) Only 1, 2 and 3

4) Only 2, 3 and 4 5) All 1, 2, 3 and 4

55. The National Integration Day is observed every year on which of the following dates?

1) 14 Nov 2) 17 Nov 3) 19 Nov 4) 21 Nov 5) None of these

56. Who among the following has been given the prestigious Hridayanath Mangeshkar

award for his/her contribution to the film industry?

1) Subhash Ghai 2) Amitabh Bachchan 3) Dilip Kumar4) Hema Malini 5) None of these

57. As per the provisions of the Mahatma Gandhi National Rural Employment Guaran-

tee Act (MGNREGA), what fraction of the given employment should be women?

1) two-third 2) half 3) one-third 4) one-fourth 5) None of these

58. The term ‘NOTA’ is associated with

1) An international treaty 2) Anti-tobaccco campaign 3) Nuclear non-proliferation

4) A voting option in EVMs 5) None of these


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59. India and ________ signed an MoU for cooperation between Prasar Bharati and

Radio and Television Institute of that country.

1) Cambodia 2) Peru 3) Argentina 4) Cyprus 5) Cuba

60. India has given Bhutan how much amount as assistance for the new government’s

stimulus plan, recently?

1) Rs. 200 crore 2) Rs. 100 core 3) Rs. 300 crore 4) Rs. 500 crore 5) Rs. 400 crore

61. US President Barack Obama was ranked ________ in Forbes Forbes’ list of “The

World’s Most Powerful People”.

1) second 2) third 3) first 4) fifth 5) tenth

62. Who among the following has been listed the world’s third most powerful woman

on Forbes’ list of “The World’s Most Powerful People”?

1) Indra Nooyi 2) Kiran Majumdar Shaw 3) Mamta Banerjee4) Sonia Gandhi 5) Jayalalitha

63. Who among the following actresses was, recently, honoured in the House of

Commons, London for her contribution to the global entertainment industry?

1) Deepika Padukone 2) Kajol 3) Katrina Kaif

4) Madhuri Dixit 5) Kareena Kapoor

64. Vodafond India in association with which of the following banks has launched

M-Pesa, recently?

1) Axis Bank 2) Royal Bank of Scotland 3) ICICI Bank

4) Karur Vysya 5) HDFC

65. P.S. Raghvan was appointed as the next Ambassador of India to which of the

following countries?

1) Russia 2) Venezuela 3) Yemen 4) Ukraine 5) Somalia

66. Imomali Rakhmon has been re-elected the President of which of the following

countries?

1) Turkmenistan 2) Afghanistan 3) Azerbaijan 4) Tajikistan 5) Burkina Faso

67. Which of the following countries launched the Olympic torch into space, as part of

the flame’s journey ahead of the Sochi Winter Olympics?

1) Belgium 2) Russia 3) Greece 4) Laos 5) Poland

68. 44th International Film Festival of India will be held in which of the following states/

UTs in November 2013?

1) New Delhi 2) Rajasthan 3) Goa 4) Gujarat 5) Tamil Nadu

69. Yogesh Malik has resigned as the Chief Executive Officer of which of the following

telecom giants?

1) Reliance 2) Vodafone 3) Docomo 4) Uninor 5) BSNL


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70. Global Gender Gap Report 2013, by World Economic Forum ranked India ________

out of 136 countries on Gender Gap index.

1) 101 2) 102 3) 110 4) 111 5) 11271. Who among the following has been appointed as the goodwill ambassador for

SouthKorea?

1) John Abraham 2) Aamir Khan 3) Shahrukh Khan

4) Abhishek Bachchan 5) Akshay Kumar

72. Manna Dey died, recently, in bangalore. Who was he?

1) Singer 2) Actor 3) Journalist 4) Politician 5) Architect

73. Moscow hosted the 14th India-Russia Annual Summit. Who represented India in

the Summit?

1) Prime Minister of India 2) President of India 3) Finance Minister of India

4) Home Minister of India 5) Defence Minister

74. Which bank has signed an MoU with industry body CII to facilitate cheaper credit

access to MSMEs, recently?

1) United Bank of India 2) ICICI 3) RBI

4) SBI 5) Canara Bank

75. The RBI will shortly issue _______ denomination banknotes with rupee symbol

bearing the signature of new governor Raghuram Rajan.

1) Rs. 20 2) Rs. 5 3) Rs. 10 4) Rs. 50 5) Rs. 100

76. Rajiv Gandhi Aviation University will be setup in which district?

1) Jhansi 2) Rae Bareli 3) Lakhimpur

4) Bhuj 5) None of the above

77. ‘Malabar’ is bilateral naval field training exercise between India and _______

1) Ethiopia 2) Russia 3) China 4) US 5) South Africa

78. Which of the following countries has rejected its freshly acquired seat on the UN

Security Council over Syrian Civil War?

1) Saudi Arabia 2) Germany 3) Jordan 4) US 5) Ukraine

79. Bhagat Puran Singh Sehat Beema Yojana Health care scheme for BPL familieswas launched in _______

1) Gujarat 2) Rajasthan 3) Punjab 4) Bhopal 5) Bihar

80. Who among the following has been named world’s most powerful person by Forbes

Magazine?

1) Manmohan Singh 2) Indra Nooyi 3) Vladimiar Putin

4) Angela Merkel 5) John Kerry


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Banking Special:

81. What is the term used for the practice of replacing relatively high-cost debt with

that of lower-cost borrowing to take advantage of falling interest rates?

1) Derivative 2) Credit risk management 3) Debt swap

4) Credit enhancement 5) None of these

82. What is the term used for a banking system under which the banks are to raise

low-cost funds and invest such funds in low-risk assets such as govt securities?

1) Rural banking 2) Priority banking 3) Narrow banking

4) Universal banking 5) None of these

83. As per the information provided by the RBI Deputy Governor KC Chakrabarty

recently, how many out of 600,000 villages in India have bank branches?

1) 40,000 2) 50,000 3) 60,000 4) 80,000 5) None of these84. The RBI has suggested dilution of Govt shareholding in public sector banks in the

context of requiring additional capital to implement the Base I –III norms. According

to the statute, the Govt’s shareholding in the public sector banks cannot fall below

1) 49 per cent 2) 51 per cent 3) 55 per cent

4) 25 per cent 5) None of these

85. As per the prevailing RBI norms, the banks are required to invest what per cent of

their deposits in Govt securities?

1) 15 per cent 2) 21 per cent 3) 23 per cent

4) 25 per cent 5) None of these

86. Name the process in which the electronic holding of share replaces the paper securities.

1) Dematerialisation 2) Electronic share 3) Demutualisation

4) Rematerialisatio 5) None of these

87. Which of the following has emerged as India’s top-notch brand in banking and

financial services industry (BFSI) category in a survey by Trust Research

Advisory, a brand intelligence company?

1) ICICI Bank 2) LIC of India 3) SBI

4) Axis Bank 5) HDFC Bank

88. The RBI is planning to introduce one billion pieces of currency notes in polymer or

plastic ona trial basis in the denomination of

1) Rs. 5 2) Rs. 10 3) Rs. 20 4) Rs. 50 5) None of these

89. The Banking Ombudsman is a senior official tasked with redresing customer

complaints against deficiency in certain banking services and is appointed by the

1) Reserve Bank of India 2) Ministry of Finance 3) Indian Banks’s Association

4) High Court of each state 5) None of these


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90. The Rural Infrastructure Development Fund (RIDF) is maintained by which of the

following banks?

1) Reserve Bank of India 2) State Bank of India 3) NABARD

4) Central Bank of India 5) None of these

91. What is mis-selling?

1) Selling a product which is not suitable for the buyer’s needs

2) Selling a bad product

3) Selling a new product to an existing customer

4) Preventing buyers from buying products of their choice

5) None of these

92. The ever-increasing NPAs of the commercial banks have become a serious

challenge for the RBI at present. Currently, a loan is considered to be an NPA if itsinstalment is not paid for

1) One month 2) Two months 3) Three months 4) Six months 5) None of these

93. The Basel Convention refers to which of the following?

1) ban on exports of hazardous wastes

2) Prodential lending norms in banking

3) Phasing out of ozone-depleting substances

4) Landing and take-off rights at international airports

5) Ban on export of weapons to civil-war affected countries

94. The credit pollicy of a bank does not deal with:

1) Credit risk management 2) Documentation standards

3) Review and renewal of advances 4) Outstanding balances in deposit accounts

5) None of these

95. Reserve Bank of India (RBI) recently directed the banks to periodically audit and

re-verify the documents of all credits of and above Rs. _____, till the loan is

completely repaid?

1) 5 crore 2) 2 crore 3) 3 crore 4) 4 crore 5) None of these

96. A worldwide financial messaging network between which exchanges messagesbetween banks and financial institutions is known as:

1) CHAPS 2) SWIFT 3) NEFT 4) SFMS 5) CHIPS

97. Technological Advancement in the recent times has given a new dimension to banks,

mainly to which one of the following aspects?

1) New Age Financial Derivatives 2) Service Delivery Mechanism

3) Any Banking 4) Any Type Banking 5) Multilevel Marketing


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98. Banking Ombudsman Scheme is applicable to the business of:

1) All scheduled commercial banks excluding RRBs

2) All scheduled commercial banks including RRBs3) Only Public Sector Banks

4) All Banking Companies

5) All scheduled banks except private banks

99. Base Rate is the rate below which no Bank can allow their lending to anyone. Who

sets up this ‘Base Rate’ for Banks?

1) Individual Banks’ Board 2) Ministry of Commerce 3) Ministry of Finance

4) RBI 5) Interest Rate Commission of India.

100. Which of the following is one of the major functions of National Bank for

Agriculture and Rural Development (NABARD)?

1) Provide loans to State Government, for developing rural infrastructure

2) Preparing Monetary and Credit Policy of India

3) Deciding Bank Rate

4) Providing Credit to Small Industrial Units

5) Monitoring and Controlling functions of the Stock exchanges in India.


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91. (1) 92. (3) 93. (1) 94. (4) 95. (1)

96. (4) 97. (4) 98. (4) 99. (4) 100. (4)

KEY

Documents

January C.A