15 more Current Banking Awareness Quiz/Questions for IBPS Clerk Exam
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1). Which of the following foreign agency will assist the municipal agencies to improve quality of municipal schools through its school excellence program ?
(A) IMF
(B) UNDP
(C) UNICEF
(D) ADB
2). Which of the following has got RBI nod to issue prepaid card to its clients
(A) LIC
(B) SIDBI
(C) NABARD
(D) GIC
3). In deposit account `KYC` (Know Your customer) has been implemented in 2002 as per directicve of
(A) SEBI
(B) RBI
(C) IBA
(D) IRDA
4). Which of the following intrest rate indicates towards long run viewpoint of RBI
(A) Repo Rate
(B) CRR
(C) Bank Rate
(D) Reserve Repo Rate
5). What is cross border exchange
(A) Foreign exchange trade in India
(B) Hawala trading of Indian rupee
(C) Illegal transfer of Indian rupee
(D) None of the above
6). As per RBI directions, the places having population above 2000,have to be provided banking facilities positively be the end of
(A) March 2011
(B) March 2012
(C) March 2013
(D) March 2015
7). Mega food parks scheme was initiated by the Government of India with the objective:
(A) To ensure better prices products to farmers
(B) To increase productivity of agriculture crops
(C) To Control food prices
(D) None of the above
8). Which of the following organization provides guarantee to exporters ?
(A) EXIM Bank
(B) Export Loan Guarantee Corporation
(C) RBI
(D) Commerce Ministry
9). The term IRR used in banking/financial sectors to
(A) Internal Rate of Return
(B) Internal Revaluation Reserve
(C) Investment Reserve Ratio
(D) Internal Risk Return
10). Which of the following regulates mutual funds ?
(A) Association of Mutual Funds of India
(B) SEBI
(C) RBI
(D) IRDA
11). The share percentage of sponsor bank in the equity of Regional Rural bank is
(A) 25 %
(B) 33 %
(C) 49 %
(D) 51 %
12). "Base Rate " is a banking term.The base term is determined by
(A) RBI
(B) Commercial Bank
(C) Finance Ministry
(D) Import Substitution
13). DEPB Scheme which ended in September 2011 was related with
(A) Foreign Direct Investment
(B) Foreign Institutional Investment
(C) Export Promotion
(D) Import Substitution
14). Recently Ministry of commerce have introduced a new "Niryat Bandhu" scheme for mentoring first generation Entrepreneurs?Who among the following are the "Niryat Bandhus" ?
(A) Entrepreneurs
(B) Officers
(C) Agents
(D) Export Assistants
15). Who among the Following is the current Managing Director of International Monetary Fund (IMF) ?
(A) Robert Zoellick
(B) Christina Lagarde
(C) Pascal Lamy
(D) Helen clark
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Answer of question no. 3 is wrong. It should be option B ie RBI. Plz follow the given link http://en.wikipedia.org/wiki/Know_your_customer#Laws_by_country.
please provide me such type of questions.
thanks sir
RRB-po Qns on GK (On 02 Spt 12)- 1)Which is not a function of RBI?,2)Wt is bank rate,3)Who won IPL 2012 ,4)Who got Templet prize recently 5)What is Hyper Inflation ?