Monday, September 3, 2012

SBI ASSOCIATE BANKS CLERKS EXAM GENERAL AWARENESS EXPECTED MCQs


1. Among the following banks, which one is called 'Lender of the last resort'?
1) RBI
2) SBI
3) EXIM bank
4) NABARD
5) NHB

2. Reserve Bank of India formed on the recommendations of .... as it submitted report in 1926.
1) Keynes Commission
2) Royal Commission on Indian Banks and purchases
3) Hilton-Young Commission
4) Kelkar Committee
5) O.V.Smith Committee

3. Which among the following one is not the subsidiary of SBI?
1) SBI DFHI Ltd.
2) SBI Life Insurance Company Ltd.
3) SBI Real Estate Brokers
4) SBI Capital Markets Ltd.
5) SBI Cards & Payments Services Pvt. Ltd.

4. The second largest Public Sector bank in India is........
1) SBI
2) Bank of Baroda
3) ICICI 4) Andhra Bank
5) Punjab National Bank

5. Chairman of Insurance Regulatory Authority of India (IRDA) is........
1) U.K.Sinha
2) Yogesh Agarwal
3) J.Hari Narayan
4) D.Subba Rao
5) Rahul Kullar

6. Abbreviations list given. Pick the wrong one.
1) CBS-Core Booking Solutions
2) KYC-Know Your Customer
3) IARI-Indian Agricultural Research Institute
4) NHB-National Housing Bank
5) CII-Confederation of Indian Industry

7. Which book is not written by Chetan Bhagat?
1) Revolution 2020: Love, Corruption, Ambition
2) 2 States
3) The God of Small Things
4) The 3 Mistakes of My Life
5) One Night @ the Call Center

8. Cabinet Committee on Economic Affairs (CCEA) approved ........ percent disinvestment in Steel Authority of India (SAIL) on 19 July 2012.
1) 8.01
2) 18.92
3) 10.82
4) 9.25
5) 0.5

9. Public Sector Banks should disburse ......... percent of their total loans to Priority Sector.
1) 40
2) 32
3) 65
4) 100
5) 20

10. On 7th June 2012, Central government approved a capital infusion of Rs.632 Crores in to the...........
1) Public Sector Banks
2) Private Sector Banks
3) Co-operative Banks
4) Land Area Development Banks
5) Regional Rural Banks





11. In Regional Rural Banks, Central Government holds the share capital of 50 percent, a sponsored bank hold 35 percent and who holds 15 percent share?
1) RBI 2) Ministry of Finance
3) Ministry of Banks
4) State Governments
5) SEBI

12. On 20 June 2012, RBI framed the guidelines on setting up of WLA by Non-banking entities. What is meant by WLA?
1) White Legal ATM
2) Whole Label ATM
3) Wonder Label ATM
4) Wrong Label ATM
5) White Label ATM

13. 12th Five Year Plan period is ..........
1) 2012 - 17
2) 2007 - 12
3) 2002 - 07
4) 2017 - 22
5)1951 - 56

14. Bharat Nirman introduced for the development of ......
1) education
2) to build rural infrastructure
3) air ports in the Tier II cities
4) banking in town areas
5) small scale industries

15. Regulator of Stock Market in India is.......
1) RBI
2) Bombay Stock Exchange
3) SEBI
4) SBI
5) UTI

16. The award list given. Pick the wrong one.
1) Spelling Bee competition-Snigdha Nandipati.
2) Gandhi Foundation International Peace Award 2011 received by Dr. Binayak Sen and Bulu Imam.
3) For conceiving and implementing microirrigation in arid and dry land regions, Daniel Hillel of Israel got World Food Prize 2012.
4) Vandana Shiva, an Indian environmental philosopher and activist received Fukuoka Prize.
5) None

17. Which Indian neighbour country has Sheikh Hasina as the prime minister?
1) Pakistan
2) Sri Lanka
3) Bangladesh
4) Nepal
5) Bhutan

18. 19th International AIDS conference 2012 held at ........ from July 22 to 27.
1) Washington D.C
2) Moscow
3) Paris
4) Canberra
5) Sao Paulo

19. Citius, Altius, Fortius is the motto of .........
1) Under 19-World Cricket Cup
2) Common Wealth Games
3) Olympics
4) FIFA World Cup
5) EURO cup

20. 'E-Yantra challenge' is the competition conducted by .............
1) Ministry of Industries
2) Osmania University
3) ASSOCHAM
4) IIT Trichy
5) IIT Bombay

21. National Bank for Agriculture and Rural Development (NABARD) head office is at...
1) Pune
2) Chennai
3) Lucknow
4) Mumbai
5) Hyderabad

22. Who among the following one is not the Deputy Governor of RBI?
1) K.C. Chakrabarty
2) Subir Gokarn
3) Raghuram Rajan
4) Anand Sinha
5) H.R. Khan

23. Banks barrow funds from RBI and pay.....
1) Base Rate
2) Repo Rate
3) Reverse Repo Rate
4) Zero Rate
5) Whole Rate

24. Chairman of Committees/ Panel list given.
Pick the wrong combination.
1) Usha Thorat - Financial Inclusion
2) K.C. Chakrabarty - Recapitalization of RRB
3) C.Ranga Rajan - High denomination of coins
4) V.K. Shunglu - Commonwealth Games Scam
5) C.V. Ananda Bose - Supervise the unearthing and preservation of the gold treasure in Anantha Padmanabhaswamy Temple

25. Capital and currency options are given.
Pick the wrong combination.
1) Japan -Tokyo-Yen
2) Canada - Ottawa - Canadian dollar
3) Syria -Damascus - Dinar
4) Mexico - Mexico City - Peso
5) Brazil - Brasilia - Real

26. Financial inclusion means.......
1) providing banking services in rural areas with affordable cost
2) providing corporate accounts in industrial area
3) giving many joint accounts to save the money of banks
4) not to allow the banks to open the branches in village area
5) All of the above

27. Which term not used in the banking?
1) ATM
2) Open Market Operations
3) Deuce
4) LIBOR
5) PLR

28. What is meant by money laundering?
1) a process of conversion of money obtained from foreign country to appear to have originated from the banking loans.
2) money obtained in the business and putting in the lotteries to earn more money.
3) a process of conversion of money obtained illegally to appear to have originated from the legitimate sources.
4) doing two or three businesses at a time which is not allowed as per law in India.
5) None

29. Dadasaheb Phalke Award is India's highest award in.......
1) Sports
2) Hockey
3) IT
4) Cinema
5) Education

30. On 15th August, which country also celebrates Independence Day like India?
1) USA
 2) Pakistan
3) Russia
4) Australia
5) South Korea

31. The earlier name of State Bank of India is ...
1) State Bank of British India
2) Royal Bank of India
3) National Bank of India
4) Good Will Bank of India
5) Imperial Bank of India

32. Largest Associate of State Bank of India is..
1) State Bank of Mysore
2) State Bank of Hyderabad
3) State Bank of Patiala
4) State Bank of Bikaner & Jaipur
5) State Bank of Travancore

33. KYC stands for.....
1) Know Your Customer
2) Know Youth Customer
3) Know Your Cancellation
4) Kick Your Capital
5) None

34. A loan allows the person to pursue higher studies is .....
1) Education Loan
2) Housing Loan
3) Admission Loan
4) Passing Loan
5) Purse and Mess Loan

35. Per capita income is equal to ........
1) National Income/ Population
2) Population/ National Income
3) International Income/ Indian Income
4) Indian Income/ States Income
5) None

36. SENSEX, India's first equity sensitive index launched on 2 January 1986 by .......
1) MSE
2) OSE
3) PSE
4) BSE
5) RSE

37. Population Census taken for every ..... years in India.
1) 10
2) 5
3) 15
4) 7
5) 20

38. National Commission for Scheduled Castes (NCSC) headed by .......
1) Rameshwar Oraon
2) M.N.Rao
3) Mamatha Sharma
4) P.L.Punia
5) Dr. Shantha Sinha

39. In the acronym BRICS, 'B' stands for .....
1) Bhutan
2) Burma
3) Bangladesh
4) Brazil
5) Burundi

40. Shangai Cooperation Summit (SCO) recently concluded on 7th June 2012 at....
1) Hongkong
2) Shangai
3) Moscow
4) Bejing
5) Hanoi



ANSWERS:

1-1; 2-3; 3-3; 4-5; 5-3; 6-1; 7-3; 8-3; 9-1; 10-5;
11-4; 12-5; 13-1; 14-2; 15-3; 16-5; 17-3; 18-1;
19-3; 20-5; 21-4; 22-3; 23-2; 24-3; 25-3; 26-1;
27-3; 28-3; 29-4; 30-5; 31-5; 32-2; 33-1; 34-1;
35-1; 36-4; 37-1; 38-4; 39-4;  40-4;