Latest Banking Awareness Questions : Quiz -2

10 more Questions on Banking Awareness

1. Who got the 'Business Leader of the Year' award of Economic Times Corporate Excellence Awards 2011 ?

(A) Rahul Bhatia (Indigo Air¬ways)
(B) Chanda Kochar (ICICI Bank)
(C) Mukesh Ambani (RIL)
(D) Ratan Tata (Tata Group)



2.The 17th Summit of SAARC was held on 10-11 Nov., 2011 in—

(A) New Delhi (India)
(B) Dhaka (Bangladesh)
(C) Adu City (Maldives)
(D) Thimpu (Bhutan)



3 . Who was the head of the panel on direct transfer of subsidies on kerosene, LPG and fertiliser ?

(A) Y.B. Reddy
(B) Nandan Nilekani
(C) Shyamla Gopinath
(D) C. Rangrajan



4 . 12th plan (2012-17) approach paper targets annual growth rate in agriculture, forestry and fishing at—

(A) 3-5%
(B) 3-8%
(C) 4-0%
(D) 4-2%



5. The Union Cabinet has given approval in pension sector for—

(A) 26% FDI
(B) 49% FDI
(C) 51% FDI
(D) 100% FDI



6. In October 2010, eight core industries had registered 7-2% growth which in October 2011 became—
(A) 7-6%
(B) 5-2%
(C) 2-1%
(D) 0-1%



7 . Indian Financial Sector is made up of both the organised as well as the unorganised segments.Which of the following belongs to the unorganised segments ?

(A) Chit Fund
(B) Micro Finance Companies
(C) Money-lenders
(D) Cooperative Credit Societies



8. Banks are supposed to pay penalty to customers whose complaints against failed ATM cash transactions are not settled within 12 days from date of complaint. This period for settlement is further reduced. What is the revised time limit now ?
(A) 5 days
(B) 7 days
(C) 8 days
(D) 10 days



9. During the second quarter of 2011-12, which sector of the following registered the lowest growth rate ?

(A) Agriculture
(B) Industry
(C) Service
(D) All the above have equal growth



10. Which of the following core industry did not register negative growth in October 2011 ?

(A) Coal
(B) Natural Gas
(C) Crude Oil
(D) All above registered negative growth

Banking Awareness Questions: Quiz -1

15 Questions on Current Banking Awareness for the month of January-2012

Banking Awareness Questions are most likely asked in IBPS Exam.In the IBPS PO Question Paper 2011,40 % of the Questions are asked from Banking Terminology and Current Banking Affairs.For the help of Students, we are posting the Current Banking Awareness Questions.In this post we are publishing 15 Questions on Current Banking Awareness and Socio Economic Affairs.Students must read these questions and try to memorise them.

Students appearing for IBPS Specialist Officers Exam in March, 2011 must find the questions helpful in their preparation of the Exams.

1. RBI in its mid-quarter monetary policy review on Dec. 16, 2011 made—

(A) Change in repo rate
(B) Change in CRR
(C) Change in SLR
(D) No change in any policy rate



2. In second quarter of 2011-12, the GDP growth at factor cost was registered at—

(A) 7-3%
(B) 7-1%
(C) 6-9%
(D) 6-6%



3. 19th summit of ASEAN was organized between 17-19th November, 2011 in—

(A) Kuala Lumpur, Malaysia
(B) New Delhi, India
(C) Bali, Indonesia
(D) Cebu, Philippines



4. To which of the following sector, Khandelwal committed is associated with ?

(A) Banking
(B) Insurance
(C) Telecommunication
(D) Aviation



5. Which of the following saving scheme has been terminated by the government w.e.f. November 30, 2011 ?

(A) Indira Vikas Patra
(B) Kisan Vikas Patra
(C) 5 years National Savings Certificate
(D) 10 years National Savings Certificate



6. Loans provided by banks to farmers small traders come under the category of—

(A) Commercial Loans
(B) Priority Sector Lending
(C) Non-profitable loan
(D) Zero interest loan



7. Which of the following statement is true regarding Marginal Standing Facility ?

(A) It became 9-5% (raised from 9-25%) w.e.f. Oct. 25,2011
(B) This facility was started w.e.f. May 7, 2011
(C) RBI on May 3, 2011 announced to keep it 1 per cent above the existing repo rate
(D) All of the above



8. RBI has modified the validity period of issued cheques and bank drafts w.e.f. April 1, 2012. The revised validity period is—

(A) 4 months
(B) 3 months
(C) Retained at 6 months
(D) No time limit



9. Which of the following company has been awarded as 'Company of the year' in the Corporate Excellence Awards of Economic Times for the year 2011 ?

(A) Tata Motors
(B) Reliance Industries Ltd.
(C) Bajaj Auto
(D) Maruti Suzuki India Ltd.



10. As per the latest directions of IRDA, what is the maximum number of SMS to be sent from one mobile phone per day ?

(A) 100
(B) 200
(C) 300
(D) 500



11. Government in November 2011 decided to raise the authorized capital of EXIM Bank from the existing level of Rs 2,000 crore to—

(A) Rs 3,000 crore
(B) Rs 5,000 crore
(C) Rs 10,000 crore
(D) Rs 12,500 crore



12. Govt, has raised the interest rate on small savings schemes w.e.f. December 1, 2011 on the recommendations of—

(A) Shyamla Gopinath Committee
(B) Rangrajan Committee
(C) Y. B. Reddy Committee
(D) Khandelwal Committee



13. New interest rate on Public Provident Fund (PPF) has been raised from 8% p.a. to—

(A) 8-25%
(B) 8-5%
(C) 8-6%
(D) 9-0%



14. In Human Development Report 2011 India's ranking on HDI stood at 134th place with HDI value—

(A) 0-682
(B) 0-644
(C) 0-619
(D) 0-547



15. Which of the following train at present covers the maximum distance on its route ?

(A) Himsagar Express
(B) Vivek Express
(C) Himgiri Express
(D) Hawarah-Jammu Tawi Exp.

Next Post -----> 10 more Questions on Current Banking Awareness

Current Affairs January 2012 Quiz-3

10 more Current Affairs Questions for the Upcoming Competitive Exams in 2012

1. National Youth Day is observed on—

(A) January 15
(B) January 25
(C) January 30
(D) January 12



2. 'Back to Work; Why We Need Smart Government for a Strong Economy' is a book by—

(A) Bill Clinton
(B) Dr. Manmohan Singh
(C) AmartyaSen
(D) Christine Lagarde



3.India slipped down from 119th rank of 2010 in Human Development Index to—

(A) 130th rank
(B) 134th rank
(C) 140th rank
(D) 145th rank



4. The Approach Paper of 12th Five Year Plan (2012-17) targets GDP growth at—

(A) 8%
(B) 9%
(C) 10%
(D) 11%



5. The Nilekani panel set up in February 2011 recently submitted its report on—

(A) Inflation-control
(B) Lokpal Institution
(C) Public Distribution System
(D) Price-mechanism



6. India's rank in Global Hunger Index is—

(A) 60th
(B) 50th
(C) 55th
(D) 67th



7. The Third Indian to score a century and take five wickets in an innings in a Test match is—

(A) Ravindra Jadeja
(B) V.V.S.Laxman
(C) Virendra Sehwag
(D) R Ashwin



8. Roger Federer in November 2011 won Tennis Championship of—

(A) Paris Masters
(B) Swiss Indoor title
(C) ATP World Tour Finals
(D) All of the above



9. Who has been chosen the Women's Tennis Associations' (WTAs') Player of the Year 2011 ?

(A) Ana lvanovic
(B) Serena William
(C) LiNa
(D) Petra Kvitova



10. 'India's longest train service is—

(A) Himsagar Express
(B) Vivek Express
(C) GaribRath
(D) None of the above

Current Affairs January 2012 Quiz-2

15 more Current Affairs questions in the Current Affairs Quiz-2

1. The Asia—Pacific Economic Co-operation (APEC) was recently held in—

(A) Seychelles

(B) Honolulu

(C) Mauritius

(D) Pretoria

2. United States of America has signed agreement with which country to expand its military presence in—

(A) Indonesia

(B) Australia

(C) Malaysia

(D) New Zealand

3. The 19th ASEAN Summit was recently held in—

(A) Kuala Lumpur

(B) Bali

(C) Canberra

(D) Jakarta

4. Nabam Tuki is the new Chief Minister of—

(A) Meghalaya

(B) Arunachal Pradesh

(C) Tripura

(D) Manipur

5. The state which has launched Guaranteed Delivery of Public Service Act 2011 in November 2011 is—

(A) Andhra Pradesh

(B) Uttar Pradesh

(C) Rajasthan

(D) Madhya Pradesh

6. DCI which recently was in news stands for—

(A) Directorate of Criminal Investigation

(B) Director Criminal Investigation

(C) Director's Council of Investigation

(D) Directorate of Correct Innovation

7. Who among the following is known as 'Bard of Brahmaputra' ?

(A) Mehandi Hasan

(B) Jagjit Singh

(C) Bhupen Hazarika

(D) DevAnand

8. Silvio Berlusconi, resigned recently after serving three stints as Prime Minister of—

(A) Poland

(B) Italy

(C) Austria

(D) Hungary

9. As per the Forbes' list 2011 the most powerful person of the world is—

(A) Bill Gates

(B) Hujintao

(C) Mukesh Ambani

(D) Barack Obama

10. IAAF male athlete of the year 2011 is—

(A) Didier Darogba

(B) Lionel Messi

(C) Usain Bolt

(D) None of the above

11. The UNESCO Madanjeet Singh Prize for the Promotion of Tolerance and Non-violence has been conferred on—

(A) Anarkali Honaryar

(B) Abu Awwad

(C) Both of the above

(D) None of the above

12. The bollywood actor who has been appointed as the United Nations Children's Emergency Funds' (UNICEFs') National Ambassador in India is—

(A) Shahrukh Khan

(B) Salman Khan

(C) Amir Khan

(D) Saif Ali Khan

13. Who is the winner of the Indira Gandhi Prize for Peace Disarmament and Development 2011 ?

(A) Vandna Shiva

(B) Shabana Azmi

(C) Kuldip Nayyar

(D) Ela Bhatt

14. The Territorial Army of India has conferred Honorary Lieutenant Colonel rank on—

(A) Abhinav Bindra

(B) M.S.Dhoni

(C) Both of the above

(D) None of the above

15. Miss World 2011 Ivian Sarcos is from—

(A) Colombia

(B) Romania

(C) Peru

(D) Venezuela

Next Post -------->Current Affairs Quiz-3 January 2012

Current Affairs January 2012 Quiz-1

15 Most Expected Current Affairs January 2011 Quiz / Questions for Upcoming competitive Exams in 2012

In our previous posts we have posted  the Current affairs for December 2011 and continuing the trend In this post are starting a series of Quizzes on January 2012.Current Affairs January 2012 Quiz-1 comprises of 15 Questions on Current events and Current affairs of the previous months.Students must go through these Questions and try to remember them as some of them may figure out in the Upcoming competitive Exams.

1. India recently has held 6th round of talks on commercial and economic cooperation with—

(A) Sri Lanka

(B) Pakistan

(C) Bangladesh

(D) Maldives

2. The first Indian state to pass the Lokayukta Bill-2011 is—

(A) Uttar Pradesh

(B) Bihar

(C) Uttarakhand

(D) Jharkhand

3. In order to ensure greater people to people exchanges, India—Russia Visa Pact came into force on—

(A) December 15, 2011

(B) December 1, 2011

(C) December 20, 2011

(D) December 13, 2011

4. With which South Asian Country has India signed an Umbrella Pact to fight terror ?

(A) Sri Lanka

(B) Pakistan

(C) Nepal

(D) Maldives

5. Which of the following has recently given information to India about Indian account holders in foreign banks ?

(A) Denmark

(B) Finland

(C) Both of the above

(D) None of the above

6. In the last week of November 2011, India signed Revised Double Taxation Agreement with—

(A) Pakistan

(B) Nepal

(C) Myanmar

(D) Afghanistan

7. With which Arab country has India signed a Pact on transfer of sentenced prisoners ?

(A) Iraq

(B) Qatar

(C) Yemen

(D) United Arab Emirates

8. Which of the following statements is not true ?

(A) India on November 15, 2011 test-fired Agni IV missile

(B) The missile is capable of carrying nuclear warhead

(C) It has the range of attacking deep inside China

(D) This two stage missile is powered by liquid-fuel

9. Consider the following statements—

(i) China has recently launched Shenzhou-8 spacecraft in outer space.

(ii) The spacecraft was carried into orbit on a Long March-2F rocket.

(iii) The spacecraft was to dock with the Tiangong-1 laboratory module.

(iv) The launch set the stage for China to build its first space station.

Which of the above is correct ?

(A) Only(i),(ii)

(B) Only (ii) and (iii)

(C) Only (ii), (iii) and (iv)

(D) All of the above

10. A very historic peace deal was signed in Nepal on—

(A) November 10, 2011

(B) November 1, 2011

(C) November 20, 2011

(D) November 25, 2011

11. 6th G-20 Summit 2011 was held in—

(A) New York

(B) Kyoto

(C) Cannes

(D) None of the above

12. How much money is stashed illegally in tax havens ?

(A) $8 trillion

(B) $ 11-5 trillion

(C) $7 trillion

(D $6 trillion

13. As per the recent IAEA report which country is on the threshold of nuclear capability ?

(A) Libya      

(B) Iran

(C) Egypt     

(D) North Korea

14. Lucas Papademos is the new Prime Minister of —

(A) Poland

(B) Bulgaria

(C) Ukrain    

(D) Greece

15. The 17th SAARC Summit was recently organised at—

(A) Kathmandu (Nepal)
(B) Addu (Maldives)
(C) Dhaka (Bangladesh)
(D) None of the above

Next Post --------> Current Affairs Quiz-2 January 2012