Thursday, March 9, 2017

GENERAL AWARENESS PRACTICE QUESTIONS FOR ALL BANK EXAMS

1. Regional Rural Banks were established under the President of India Ordinance issued in ..................
1) 1985
2) 1990
3) 1975
4) 1935
5) 1955

2. In which year, the RRB Act was passed with a view to develop the rural economy by providing,
for the purpose of development of agriculture, trade, commerce, industry and other productive activities in the rural areas?
1) 1982
2) 2015
3) 1990
4) 1976
5) 1935

3. First Regional Rural Bank - Prathama Bank opened on 2 October 1975 in the district of Moradabad in...............
1) Uttar Pradesh
2) Karnataka
3) Andhra Pradesh
4) Tamilnadu
5) MP

4. Central government stake in RRB is ............
1) 40%
2) 80%
3) 50%
4) 100%
5) 20%

5. State government stake in the RRB is ....... percent.
1) 50
2) 35
3) 40
4) 15
5) 100

6. Sponsored bank stake in RRB is ........
1) 30%
2) 40%
3) 100%
4) 35%
5) 15%

7. Financial regulation of RRBs seen after by......
1) RBI
2) SEBI
3) PFRDA
4) IBRD
5) NHB

8. Supervisory powers of RRBs have been vested with.........
1) PFRDA
2) SIDBI
3) ODA
4) NABARD
5) CCI

9. Find the wrong combination relating to the RRB and its sponsored Bank.
1) Andhra Pradesh Grameena Vikas Bank - ICICI
2) Andhra Pragathi Grameena Bank - Syndicate Bank
3) Telangana Grameena Bank - SBH
4) Chaitanya Godavari Grameena Bank - Andhra Bank
5) Saptagiri Grameena Bank - Indian Bank

10. RBI in 2001 constituted a Committee under the Chairmanship of ........ on 'Flow of Credit to Agriculture and Related Activities from the Banking System' which examined relevance of RRBs in the rural credit system and the alternatives for making it viable.
1) Chakrabarty
2) Narasimhan
3) Dr V S Vyas
4) Rangarajan
5) Usha Thorat

11. NRBI mooted for the efficient working of RRBs. NRBI means ..........
1) National Regional Bank of India
2) Now Rural Bank of India
3) National Run Bank of India
4) National Rural Bank of India
5) None

12. RRB Act passed in April 2015 facilitates raising the share capital of RRBs from the Rs. 5 crore to ...........
1) Rs.500 crore
2) Rs.400 crore
3) Rs.2,000 crore
4) Rs.100 crore
5) Rs. 50 crore

13. India's Ambassador to UN Conference on Disarmament, Geneva is....
1) Syed Akabruddin
2) Navtej Singh
3) Dinesh K Patnaik
4) Amandeep Singh Gill
5) Sushma Swaraj

14. As per the revised guidelines of Reserve Bank of India, the priority sector lending target for Regional Rural Banks (RRBs) increased to .................. from the earlier target of 60%.
1) 75%
2) 80%
3) 100%
4) 90%
5) 95%

15. The Priority sector lending of RRBs include the loans given to .....
1) Agriculture
2) Micro, small and medium enterprises
3) Housing
4) Weaker sections
5) All of above

16. As per the new norms released, Rural banks have to advance ...... of total outstanding towards agricultural activities as part of Priority Sector Lending.
1) 18%
2) 15%
3) 25%
4) 7%
5) 10%

17. A target of .......... percent of total outstanding must be given to micro enterprises as part of Priority Sector Lending by RRBs
1) 7.5%
2) 10.5%
3) 6.8%
4) 8.2%
5) 11.5%

18. How much percent of total outstanding must be given to weaker sections as per the new
norms of Priority Sector Lending by RRBs?
1) 20%
2) 12%
3) 15%
4) 9%
5) 10%

19. Central Vigilance Commission on 31 October 2016 declared that it is mandatory for public sector banks to report to it, in all such matters involving funds over ........
1) Rs.50 Lakhs
2) Rs.25 Lakhs
3) Rs.1 crore
4) Rs.10 Lakhs
5) Rs.20 Lakhs

20. Union Government and ......... signed $ 650 million loan agreement for the development of 1839 kilometres Eastern Dedicated Freight Corridor-III (EDFC-III) Project.
1) World Bank
2) NDB
3) IMF
4) ADB
5) AIIB

21. India and Myanmar signed three Agreements during India visit of state Counsellor of Myanmar Aung San Suu Kyi. The agreements are in the fields of insurance, power and ........
1) Infrastructure
2) Lake development
3) Information Technology
4) Banking
5) Disaster Management

22. Three year action plan of the NITI Aayog will kick start from which fiscal year as announced on 25 October 2016?
1) 2018-19
2) 2020-21
3) 2019-20
4) 2025-26
5) 2017-18

23. Finance Ministry returned a proposal of NITI Aayog for strategic disinvestment of the Centre's stake in CONCOR on the ground, that the move could potentially lead to a public sector monopoly becoming a private sector monopoly. In this context, CONCOR stands for ..................
1) Container Corporation of India Ltd
2) Coastal Corporation of India Ltd
3) Container Consortium of India Ltd
4) Cable Corporation of India Ltd
5) Container Console of India Ltd

24. Niti Aayog stands for .............
1) National Integration for Transforming India
2) National Institution for Turning India
3) Nordic Institution for Transforming India
4) National Institution for Transforming India
5) National Institution for Transforming Initiation

25. NITI Aayog constituted to replace the Planning Commission instituted in 1950. The replacement was done in order to better serve the needs and aspirations of the people of India. Who is the chairman of NITI Aayog?
1) Finance Minister
2) Union Minister for Trade and Commerce
3) Director, Enforcement Directorate
4) Prime Minister
5) Minister of State for Finance

26. NITI Aayog was formed via a resolution of the Union Cabinet on 1 January ...........
1) 1950
2) 1964
3) 1997
4) 2015
5) 2012

27. With a view to bringing the CRAR of RRBs to at least 9%, which committee recommended recapitalisation support to the extent of Rs. 2,200 crore to 40 RRBs in 21 States?
1) Usha Thorat
2) Narasimhan
3) K C Chakrabarty
4) H R Khan
5) Bibek Debroy

28. Who is CEO of NITI Aayog, who worked recently as Secretary, Department of Industrial Policy and Promotion (DIPP)?
1) Ajay Bhushan Pandey
2) A S Kiran Kumar
3) Amitabh Kant
4) Satya Nadella
5) Sunder Pitchai

29. Which of the following books not written by Arvind Panagariya?
1) India's Tryst with Destiny
2) Sweet Dreams : A Bedtime Storybook Collection
3) Eclipse
4) State Level Reforms, Growth and Development in Indian States
5) Regionalism in Trade Policy : Essays on Preferential Trading

30. NITI Aayog constituted the Task Force on Agriculture Development, headed by ........
1) Raghuram Rajan
2) Amith Mithra
3) Radha Mohan Singh
4) Arvind Panagariya
5) Prakash Singh Badal

31. Full time Members of NITI Aayog are Prof. Ramesh Chand, Prof.V.K.Saraswat and ......
1) Bibek Debroy
2) Pami Dua
3) Chetan Ghate
4) Ravindra Dholakia
5) Michael Debabrata Patra

32. Rashtriya Ekta Diwas observed on ....... with 'Integration of India' as the theme, the day is
the birth day of Sardar Vallabhai Patel.
1) 15 September
2) 5 September
3) 31 October
4) 2 October
5) 14 November

33. First meeting of National Committee on Trade Facilitation (NCTF) stressed the need for higher standards of excellence so that the trade eco system becomes more growth oriented. Who is the chairman of NCTF?
1) Cabinet Secretary P.K.Sinha
2) Finance Secretary Ashok Lavasa
3) Finance Minister Arun Jaitley
4) Minister of State for Finance Santosh Kumar Gangwar
5) Minister of State for Communications Manoj Sinha

34. NCTF is a mandatory requirement under Article 23.2 of the WTO Agreement on Trade Facilitation and NCTF secretariat located at ........
1) Hyderabad
2) Chennai
3) Mumbai
4) New Delhi
5) Guwahati

35. 2017 WTO Ministerial Conference host nation is ..........................
1) India
2) Argentina
3) Germany
4) Japan
5) Switzerland

36. WTO head office located at Geneva. WTO chairman is ...................
1) Suma Chakrabarti, India
2) Klaus Schwab, Germany
3) Robert Azevado, Brazil
4) Jean Claude Junker, Luxemburg
5) Donald Tusk, Poland

37. The WTO officially commenced on 1 January 1995 under ........ signed by 123 nations on 15 April 1994, replacing the General Agreement on Tariffs and Trade (GATT).
1) Geneva Protocol
2) Bretton Woods Conference
3) Paris Agreement
4) New Delhi Declaration
5) Marrakesh Agreement

38. First ever National Ayurveda Day celebrated throughout the country on the occasion of Dhanwantari Jayanti on .....................
1) 28 October
2) 30 October
3) 3 October
4) 8 October
5) 7 April

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