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Socio -Economic & Banking AwarenessImportant Bank Questions
1. The Foreign Exchange Reserve of India are kept in the custody of(D) Reserve Bank of India2. The Reserve Bank of India issues coins and notes of various denominations. At present RBIdoes not issue coins of which of the following denominations ?(A) 10 paise(B) 20 paise(C) 25 paise(D) 50 paise(E) 100 Rupee
3. The European Union has adopted which of the following as a common currency ?(E) Euro6. 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 Many times we read in newspapers that gold no more has emained the highest trading optionand has been replaced by a non-traditional metal known as(D) white gold7. Which of the following is known as Plastic money ?2. Credit Card3. Debit Card(A) Only 1(B) Only 2(C) Only 3(D) Both 2 and 3(E) All 1, 2 and 3
8. Many a time we see a term in newspapers IPO. What is the full form of the same ?
(E) Initial Public Offer
9. Many a times we read in financial newspapers a term/name NMCEX. What is the full form ofthe same ?(C) National Multi Commodity Exchange
10. Many Banks these days are entering into business of offering loans against property. Thisbusiness 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
11. Which of the following organizations/banks has done a commendable work in the field ofmicro finance and was awarded Nobel Prize also in the past ?(A) Gramin Bank of Bangladesh(B) CRY(C) ASHA(D) NABARD(E) None of these14. Which of the following countries has not made any significant investment in India ?(A) Japan(B) USA(C) Nepal(D) Britain
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(E) France
15. Which of the following is considered an informal method of getting credit/finance ?
(A) Internet Banking(B) Branch visits(C) Going to money lenders(D) Tele Banking(E) All of these
16. Which amongst the following nations is not a member of the SAARC ?(A) Bangladesh(B) Bhutan(C) Nepal(D) Maldives(E) South Africa
17. 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
18. Which of the following is not a Public Sector Unit/Undertaking/Agency ?(A) ECGC(B) SEBI(C) SIDBI(D) Axis Bank(E) BHEL
19. Which of the countries represent letter C in the category known as BRIC countries ?(A) Canada(B) Chile(C) Cuba(D) Croatia(E) China
20. Who amongst the following addresses the nation on the Independence Day from the rampartsof the Red Fort, Delhi ?(A) President of India(B) UPA Chairperson(C) Speaker of the Lok Sabha
(D) Prime Minister of India(E) None of these
21. Which of the following awards is given for excellence in the field of sports ?(A) Kalidas Samman(B) Dhyanchand Award(C) Shram Vir Award(D) Shanti Swarup Bhatnagar Award(E) None of these
22. Which of the following does not represent the name of a bank working in India ?(A) YES(B) HDFC
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(C) TATA(D) Kotak Mahindra(E) Axis
24. Which of the following deals between India and one major country was put on a hold for sometime as India is finding difficult to implement it ?(A) 123 Pact with USA(B) Fifth generation fighter plane deal with Russia(C) Heavy Water deal with Iran(D) Border talks with China(E) None of these
25. Which of the following is a type of tax levied by the Govt. on goods and services ?(A) SAT(B) NET(C) PAN(D) VAT(E) None of these
26. 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 and Ecofriendly(B) Profitable Equity(C) Profitable and Economical(D) Private and Economical(E) Private Equity
27. Many a times we read in newspapers about Financial Inclusion. What does it really mean ?[Pick up correct statement(s)]1. Allow the merger and acquisition of banks so that only few big banks exist and continue to
cater to the need of corporate sector.2. Expending the network of banks in such a way that people from lower strata of society also getthe benefit of services provided by banks.3. Providing Insurance cover to each and every citizen so that he/she can live a healthy and longlife.(A) Only 1(B) Only 2(C) Only 3(D) Both 1 and 2(E) All 1, 2 and 3
28. Which of the following organizations recently issued some guidelines related to ParticipatoryNotes as used in financial world ?
(A) RBI(B) IRDA(C) SEBI(D) AMFI(E) None of these
29. Heavy Water is normally used by which of the following industries ?(A) Nuclear Power generation plants(B) Pharma Industry(C) Paper Industry(D) Sugar plants(E) None of these
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30. As per news items published in various newspapers, Italy has offered its help in developingSMEs in India. What is the full form of SME ?(A) Small and Monopolistic Economy
(B) Small and Medium Enterprises(C) Speedy and Mechanical(D) Small and Medium Level Economy(E) None of these
31. Which of the following statements about the exports from India is true ?1. Exports are showing good rate of growth.2. Exports are growing in volume but still they are poorer than imports in terms of value.3. Exports are not improving the way they were growing two years back.(A) Only 1(B) Only 2(C) Only 3(D) Both 1 and 3 are correct(E) None of these
32. Which of the following countries for the first time elected a lady as its President recently ?(A) Argentina(B) China(C) New Zealand(D) Russia(E) None of these
33. The Govt. of India keeps on clearing the proposal of setting up new SEZs at several places.What does the letter S represent in the SEZ ?(A) Soft(B) Small(C) Special
(D) Supportive(E) None of these
35. Who amongst the following was made the Chairman of the National Land Reforms Council ?(A) Smt. Sonia Gandhi(B) Arjun Singh(C) Pranav Mukherjee(D) Kamal Nath(E) Manmohan Singh
36. Various Govt. agencies/organizations are given responsibilities for implementing variouspolicies/decisions of the Govt. of India. Policies about credit flow to the agricultural/priority sector
are framed/implemented through which of the following apex bodies ?(A) ECGC(B) NABARD(C) UTI(D) IDBI Bank(E) None of these
37. As we read every then and now the Monetary and Credit Policy is reviewed andchanges/corrections are made frequently. Who amongst the following exactly takes this decisionin India ?(A) Deputy Chairman, Planning Commission(B) Prime Minister(C) Finance Minister
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(D) Chairman Finance Commission(E) None of these
38. The World Bank sanctioned Rs. 18,000 crores to which of the following states for its PovertyAlleviation Programme ?(A) Karnataka(B) Gujarat(C) Maharashtra(D) Uttar Pradesh(E) None of these
39. The UNO has declared year 2008 as the year of(A) AIDS Prevention(B) Potato(C) Water Harvesting(D) Social Justice to Children(E) None of these
40. Who amongst the following is the author of the book Pakistan The Gathering Storms ?(A) Benazir Bhutto(B) Parvez Musharraf(C) Arun Shourie(D) Arun Gandhi(E) None of these
41. Which of the following is not a gallantry Award ?(A) Vir Chakra(B) Jeevan Raksha Padak(C) Ashok Chakra(D) Mahavir Chakra
(E) Saraswati Samman
42. Which of the following states has approved sharing Neyyar Irrigation Project water with TamilNadu ?(A) Karnataka(B) Andhra Pradesh(C) Kerala(D) Maharashtra and Karnataka(E) None of these
43. Which of the following is not a foreign bank working in India ?(A) HSBC(B) Barclays
(C) Standard Chartered(D) Yes Bank(E) All are foreign banks
44. Who amongst the following is the Chairman of the 13th Finance Commission ?(A) Bimal Jalan(B) Y. V. Reddy(C) C. Rangarajan(D) Vijay Kelkar(E) None of these
45. India has the least or negligible trade relations with (A) Japan
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(B) Britain(C) South Africa(D) Uganda
(E) Iran
46. Your friend has received a sum of Rs. 10000 from his grandparents. He wants to deposit thissum in a bank under a condition of not to withdraw fully or partially for at least two years. He willbe needed to open which type of account in the bank ?(A) Small savings account(B) Current account(C) Fixed deposit account(D) Demat account(E) None of these
47. Recently, this was in news that ASEAN is an association of (A) Commonwealth nations(B) SAARC nations(C) South-Eastern Asian nations(D) Oil-exporting nations(E) African nations
48. Names of two important persons are often visible in newspapers/magazines/electronic media.These names are Dr. C. Rangarajan and Dr. Bimal Jalan. Which of the following facts areidentical in the life of both these two persons ?(A) Both are principal economic advisors to the Prime Minister(B) Both are the Members of the Lok Sabha(C) Both are the former Governors of RBI(D) Both were the Finance Ministers of India(E) There is nothing similar in both
49. Which of the following places of West Bengal was in news recently, since some violentincidences took place due to an attempt of agricultural land aquisition for industrial purposes ?(A) Khadakpur(B) Nandigram(C) Howrah(D) Bolepur(E) None of these
50. In accordance with the reports published in the papers/magazines, the Government of Indiaand some NGOs have declared/started some projects to help/ to provide relief to the farmers ingeneral and specially to perplexed farmers. Which of the following is not such a plan ?(A) Crop insurance plan(B) E-Chaupal
(C) Subsidy for chemical fertilizers(D) Reconstruction of watershade/water-bodies(E) Mid-day meal
Answers1. (D) 2. (B) 3. (E) 4. (B) 5. (E) 6. (D) 7. (D) 8. (E) 9. (C) 10. (B)11. (A) 12. (D) 13. (B) 14. (C) 15. (C) 16. (E) 17. (C) 18. (B) 19. (E) 20. (D)21. (B) 22. (C) 23. (E) 24. (A) 25. (D) 26. (E) 27. (B) 28. (C) 29. (A) 30. (B)31. (C) 32. (A) 33. (C) 34. (E) 35. (E) 36. (B) 37. (E) 38. (D) 39. (B) 40. (A)41. (E) 42. (C) 43. (D) 44. (D) 45. (D) 46. (C) 47. (C) 48. (C) 49. (B) 50. (E)
General Socio-Economic & Banking Awareness
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General Awareness
1. Ashok Mankad who died recently was a famous -
(A) Journalist
(B) Cricket Player
(C) Politician
(D) Author
(E) Cine Artist
Ans (B)
2. The logo of the "Olympic Games - 2008" is named as -
(A) Dancing Beijing
(B) Race of Harmony
(C) One world one dream
(D) Beijing welcomes you
(E) None of these
Ans (A)
3. Midnight children is book written by -
(A) Kiran Desai
(B) Chetan Bhagat
(C) Salman Rusdie
(D) V.S.Naipaul
(E) None of these
Ans (C)
4. Which of the following teams won the "Asia cup cricket 2008" held in Karanchi in July 2008?
(A) India
(B) Pakistan
(C) Sri Lanka
(D) Bangladesh
(E) None of these
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Ans (C)
5. The commonwealth Games 2010 are scheduled to be held in -
(A) Bnagalore
(B) Pune
(C) New Delhi
(D) Mumbai
(E) Hyderabad
Ans (C)
6. Which of the following teams won the "Champions Trophy" 2008 (of Hockey) held in June2008?
(A) Russia
(B) England
(C) India
(D) Pakistan
(E) Australia
Ans (E)
7. The 34th G-8 Summit was organized in July 2008 in -
(A) France
(B) Germany
(C) Russia
(D) Italy
(E) Japan
Ans (E)
8. Which of the following is specifically designed to control various risk involve in Bankingoperations?
(A) RTGS
(B) FEMA
(C) Basel Norms
(D) EFTOPS
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(E) All these
Ans (C)
9. In banking world providing credit and other financial services and products of very smallamount to the poors in rural/semi-urban area is known as -
(A) NGO Finance
(B) Credit Finance
(C) Corporate Finance
(D) Micro Finance
(E) None of these
Ans (D)
10. Which of the following organizations has launched "Kick the CO2 Habit" Campaign to createawareness about "Global Warming"?
(A) ISRO
(B) WTO
(C) NASA
(D) UNO
(E) None of these
Ans (E) UNEP (United Nations Environment Programme)
11. Which of the following has been the approximate growth of India economy during 2007-08?
(A) 7 %
(B) 8 %
(C) 9 %
(D) 10 %
(E) 11 %
Ans (C)
12. Which of the following plays a very important role in farming guidelines/policies pertaining toprovide credit facility to agriculculture and rural sectors?
(A) SIDBI
(B) NABARD
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(C) ICICI Bank
(D) ECGE
(E) Exim Bank
Ans (B)
13. Who amongst the following was the Speaker of the Lok Sabha when Mnamohan Singh Govt.was required to go for "Vote of Confidence" on 22nd July 2008?
(A) Najma Heptulaha
(B) P.M.Sayeed
(C) Somnath Chatterjee
(D) Mohamad Hamid Ansari
(E) None of these
Ans (C)
14. Amar singh whose name was very much in news recently belongs to which of the followingpolitical parties?
(A) Bohujan Samaj Party
(B) Samajwadi Party
(C) Samta Party
(D) CPI (M)
(E) None of these
Ans (B)
15. The RBI Governor reviews the Annual Monetary and Credit Policy every time after a gap of -
(A) Two months
(B) Three months
(C) Four months
(D) Six months
(E) As and When required
Ans (B)
16. The Advertisement of which of the following banks has the punch line "Much more to do withyou in focus"?
(A) State Bank of India
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(B) ICICI Bank
(C) Bank of Baroda
(D) Bank of India
(E) Andhra Bank
Ans (E)
17. R.S.Gavai has taken over as the Governor of _
(A) Assam
(B)Jammu & Kashmir
(C) Biha
(D) Kerala
(E) None of these
Ans (D)
18. The unit of sound is -
(A) Dyne
(B) Joule
(C) Knot
(D) Watt
(E) Decibel
Ans (E)
19. Who amongst the following has written the book "Gandhiji's Emissary"?
(A) Arun Gandhi
(B) Abdul Sultan
(C) B.G.Varghese
(D) D.B.C.Pierre
(E) Sudhir Ghosh
Ans (E)
20. Who amongst the following has written the book "The Last Moghul"?
(A) John Banville
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(B) Elfriede Jelinek
(C) Graham Green
(D) Hussain Haqqani
(E) William Darlymple
Ans (E)Banking and Marketing Aptitude : Objective QuestionsTuesday 04 November 2008 02:06 PM
Banking and Marketing Aptitude : ObjectiveQuestions
1. A prospect means
a) any customer who walks into the bank
b) an employee of the bank
c) a customer who is likely to be interested in banks product or service
d) a depositor of the bank
e) a borrower of the bank
2. A lead means
a) a prospect who is more likely to avail of the Banks product
b) a political leader
c) a religious leader
d) a bank chairman
e) None of these
3. Innovation means
a) Compensation
b) inspiration
c) additional perquisites
d) implementing new ideas or new methods
e) None of these
4. A Call means
a) calling on friends
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b) calling on bank employees
c) calling on prospective customers
d) to make telephone calls
e) calling on relatives
5. The Traditional Marketing style involves
a) Telemarketing
b) Digital Marketing
c) Indirect Marketing
d) Direct Marketing
e) All of these
6. Modern Method of Marketing include
a) Publicity on the net
b) Advertisement on the net
c) Soliciting business through e-mails
d) Tele marketing
e) All of these
7. A true marketing requires
a) Command and other mindset
b) Control Mindset
c) Passive mindset
d) Active mindset
e) None of these
8. Which of the following sentences is true?
a) Marketing is not required in a Buyers Market
b) Marketing is not required in a Sellerss market
c) Marketing is not required due to competition
d) Marketing is not required due to liberalization
e) Marketing is not required due to globalisation
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9. For effective marketing the salesmen should have which of these qualities?
a) Creativity
b) Team spirit
c) Motivation
d) Effective communication skills
e) All of these
10. Market information means
a) Knowledge of shops and bazaars
b) Knowledge of shopping malls
c) Knowledge of customer profile and product mix
d) knowledge of various languages
e) None of these
11. Market Research is needed for
a) checking the market area
b) checking the right product to be sold
c) making proper marketing decisions
d) deciding right time to sell
e) All of these
12. Which of the following statement is true
a) Marketing makes the company to go into loss due to higher expenses
b) Marketing is not required in profit making companies
c) Marketing sharpens the minds of the employees
d) Marketing is a time bound seasonal function
e) Marketing is a waste of time
13. Marketing plan helps in
a) better lead generation
b) better systems
c) better results
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d) improved balance sheet
e) better customer service
14. If Marketing is done effectively which of the following is not required?
a) Advertisement
b) Publicity
c) Market Research
d) Market Segmentation
e) None of these
15. Motivation means
a) Inspiring employees to perform better
b) Better communication skills
c) Sales Coaching
d) Market Research
e) None of these
16. In a Selling Process in todays world?
a) Only standard products are sold
b) No customization required
c) the seller need not have product knowledge
d) the seller should aim at customer satisfaction
e) only quantum of sales matters
17. Find the true statement
a) Marketing is a waste of the employees time
b) Marketing is not required in India due to its vast population
c) Marketing involves additional work
d) Marketing involves team work
e) Marketing is not required today due to IT advancement
18. A Target market is
a) entire country
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b) entire city
c) entire globe
d) that which consists of customers who need the identified product
e) all of these
19. Sales forecasting involves
a) Sales Planning
b) Sales Pricing
c) Distribution Channels
d) Consumer tastes
e) All of these
20. Which of the following product is being sold under the brand name ZODIAC
a) Shirts
b) Ties
c) Both A and B
d) Liberty
21. SWIFT - cars are being manufactured by
a) DCM
b) Maruti
c) Premier Automobiles
d) Hyundai
22. With you all the way is the slogan of
a) Vodafone
b) SBI
c) ICICI
d) Raymonds
23. Which company used the slogan "The complete Man"
a) DCM
b) GRASIM
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c) RAYMONDS
d) VIMAL
24. Which brand uses the slogan "Made for each other" for its cigarettes?
a) Cavenders
b) Four Square
c) Red & White
d) Wills
25. Cross Selling means
a) Identifying customer needs
b) matching the products to customer needs
c) convincing the customers of product benefits
d) responding to questions and objections of customers
e) all of these
ANSWERS
1 (c) 2 (a) 3 (d) 4 ( c) 5 (d) 6 (e) 7 (d) 8 (b)
9 (e) 10 (c) 11 (e) 12 (c) 13 (c) 14 (b) 15 (a) 16 (d)
17 (d) 18 (d) 19 (e) 20 (c) 21 (b) 22 (b) 23 (c) 24 (d)
25 (e)
General Awareness/Computer Knowledge
1. Balmiki Prasad Singh has taken over as Governor of _____
(A) Goa
(B) Bihar
(C) Meghalaya
(D) Sikkim
(E) None of these
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Ans (D)
2. The Paralympic Games in September 2008 were held at _____
(A) Tokyo
(B) New York
(C) Madrid
(D) Stckholm
(E) Beijing
Ans (E)
3. Which of the folowing is/are True about the National Rainfed Area Authority (NRAA) which wasin news recently?
(1) The NRAA was set-up in 1955 at the initiative of the then Prime Minister J.L.Nehru
(2) NRAA was established to co-ordinate the work of five ministries associated with thedevelopment of rainfed areas
(3) NRAA is now converted into a Corporation of the same name
(A) Only 1
(B) Only 2
(C) Only 3
(D) All 1 , 2 & 3
(E) None of these
Ans (B)
4. Dalichi Sankyo has recently taken over which of the following Companies/Corporation of Indianbase /
(A) Jet Airways
(B) Ranbaxy
(C) Bhilai Steel Plant
(D) National Textiles Corporation
(E) None of these
Ans (B)
5. The recent report on Global Development Finance released by the World Bank has projectedIndia's GDP growth rate at which of the following levels?
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(A) 5 %
(B) 6 %
(C) 7 %
(D) 8 %
(E) 9 %
Ans (C)
6. which of the following cities is placed at the top of the list of cities found suitable for "GlobalCommerce" compiled by the master cards? (Result of the survey were published in variousfinancial newspaper)
(A) London
(B) New York
(C) Tokyo
(D) Beijing
(E) Mumbai
Ans (D)
7. The New Capital Adequacy Framework prescribed for banks in commonly known as ___
(A) Credit Policy
(B) Monetary Policy
(C) KYC Norms
(D) Basel Accord
(E) None of these
Ans (D)
8. As we all know Cash Reserve Ratio (CRR) in the percentage of the deposit banks keep in
reserve with them . This ratio is also known as ___
(A) Repo Rate
(B) Reserve Repo Rate
(C) SLR
(D) Liquidity Ratio
(E) None of these
Ans (E)
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9. The sudden turn of events in the economic environmental globally , in the last four to fivemonth have resulted in slowing down of India's economic growth. Which of the following is/are the
event(s) which has/have put their impact on Indian economy?
(1) Turmoil in US Credit market
(2) Large scale increase in the prices of crude oil and foodgrains
(3) Adoption of Basel II norms by the banks
(A) Only 1
(B) Only 2
(C) Only 3
(D) Both 1 & 2 only
(E) All 1,2 & 3
Ans (D)
10. Which of the following is India's Tax GDP ratio ?
(A) 5 %
(B) 15 %
(C) 25 %
(D) 30 %
(E) None of these
Ans (B)
11. Which of the following is known as 'Himadri' ?
(A) It is India's Space Craft launched to study the moon
(B) It is India's first Research Station in Arctic Region
(C) It is new battle tank produced by India
(D) It is new warship inducted in the Indian Navy recently
(E) None of these
Ans (B)
12. The Govt. of India recently announced a subsidized pricing policy based on nutrients in it ofwhich of the following to protect the interest of the farmers ?
(A) Seeds
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(B) Pesticides
(C) Fertilizers
(D) Organic Manure
(E) None of these
Ans (D)
13. The next Non-Aligned Movement SAummit 2009 is scheduled to be held in ___
(A) India
(B) Egypt
(C) Brazil
(D) South Africa
(E) None of these
Ans (B)
15. When the growth of GDP in a country slows down suddenly,people start losing their jobs andthe situation continues for several weeks,what name is given to this state of economy (A big wasin this state recently.) ?
(A) Inflation
(B) Recession
(C) Deflation
(D) Economic Boom
(E) None of these
Ans (B)
16. "Lisbon Treaty" is the treaty accepted/adopted by the members of which of the followingorganizations recently ?
(A) NATO
(B) SAARC
(C) European Union
(D) Nuclear Supplier Group (NSG)
(E) None of these
Ans (C)
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17. When a corporate entity wishes to raise money from the market it can do that by issuing ___
(A) Treasury Bill
(B) Momerandom of Association
(C) Kisan Vikas Patra
(D) National Saving Certificate
(E) Commercial Papers
Ans (E)