gk doc

121.Banking Services on the “Internet” over a Secure Website is referred as __

Merchant Banking

Online Banking Mobile Banking

Retail Banking

None

122. If a Bank returns a cheque with out paying it,then the cheque has been __

Debited

Dishonoured

Credited

Certified

Discounted

123. ________ duration is considered by a Bank before declaring a loan (given

by it) as defaulted and a nonperforming

asset (NPA)

90 days 45 days

100 days

200 days

365 days

124. Generally, ________ is a temporary facility extended to bank customers at

the bank manager’s discretion

Overdraft Term loans

Demand loans

All the above

Cash Credits

125. A Bank loan for the Purchase of Consumer durables,appliances is called

Commercial Credit

Overdraft

Cash Credit

Consumer Credit

None

126. The Term CASA ratio refers to __________

Recurring deposit Accounts

Current Accounts & Savings Accounts Salary Accounts

Fixed Deposit accounts

Time deposit Accounts

127. The Basic Advantage of a Credit Card is ____________

Cashless Usage

Interestfree

Period

Safety

Style

All the above

128. For banks,”Priority Sector Loans” are loans given to ______________

Pharma Companies

Real Estate development projects

Farmers/Rural artisans Large Industrial establishments

Film production companies

129. ____________ is a measure of “Solvency of a Bank”

Repo rate

Prime Lending Rate

Capital Adequacy Ratio

Bank rate

Cash Reserve Ratio

130. A “Banking Ombudsman” is appointed for ____________

Suggesting Improvement for the efficient functioning of banks

Appointment of Bank officials & Staff

Checking banks accounts

Collection of nonperforming

assets

Resolution of Customers' Complaints 131. EMI (Equated Monthly Installment) is normally calculated for the

Payment of Salaries and Wages

Repayment of a loan Payment of credit card dues

Payment of recurring deposit

Payment of Insurance premium

132. A Bank will not open a Bank account for a ___________

Politician

Retired employee

Convict

Person whose source of income is not known

Minor

133. Process of Scanning and Mailing Cheques for clearing is called Cheque

Truncation

Cheque return

Cheque Bounce

Stop Payment

Crossing of Cheque

134. Stoppage of a Currency note or a coin from circulation by the Reserve

Bank of India is known as ___________

Depreciation

Demonetisation Financial Inclusion

Disinvestment

Liquidity Adjustment Facility

135. Reverse Mortgage is a _____________

House loan product for Senior Citizens None of the above

Revolving Credit

loan to pay off a mortgage loan

Overdraft against fixed deposits

136. As per the RBI’s instructions,interest rate on Savings bank accounts in

banks is to be calculate on a/an ______________

Monthly basis

Annual basis

Daily Basis Quarterly basis

Weekly basis

137. Whenever a repo rate is increased/decreased, _____________ gets

automatically adjusted with a 1% difference (less than the repo rate)

Differential rate of Interest

Reverse Repo rate

Prime lending rate

Bank rate

Base Rate

138. _____________ bank was included in the Second Schedule to the Reserve

Bank of India Act,1934 on 21st May,2014

Bharatiya Mahila Bank Yes Bank

Axis Bank

None

IndusInd Bank

139. RBI has approved changing its board structure suggestions given by Dr.

Raghuram Rajan (Governor of RBI) that includes the appointment of fifth

Deputy Governor in RBI and the person who is likely to be the fifth Deputy

Governor of RBI is Bindu

Ananth

Nachiket Mor Sunil Kaushal

S. S. Mundra

None

140. How many times the number of transactions are reduced Free Transactions

from ATMs of other banks by RBI ?

Two from Four in a month.

Three from Four in a month.

Three from Five in a month. Three from Six in a month.

None

141. In the month of January,2014 _____________ bank became first Indian

Private Sector Bank to open a branch in China ?

Axis Bank HDFC Bank

ICICI Bank

City Union Bank

None

142. ATMs that are owned and managed by non banking entities are called

__________

White Label ATMs Black Label ATMs

Offsite ATMs

Third Party ATMs

None

143. __ bank launched Financing Scheme for “Women Fashion Boutique

Owners” referred as “Boutique Financing” on 15th April,2014?

ICICI Bank

State Bank of India (SBI) Allahabad Bank

Bank of India

None

144. _____________ is not a member of BIMSTEC

Myanmar

China

India

Bhutan

None

145. Who won 2014 Waislitz Global Citizen Award?

H. Devaraj

Deepak Mohanty

Anoop Jain A.K. Ganju

None

146. Who is Mark Zuckerberg?

Founder of Facebook

F1

driver

Alibaba Founder

NASA scientist

None

147. How much amount union government of India has declared for ‘Deen

Dayal Antyodaya Yojana’ on skill development of urban poor?

Rs 2000 crore

Rs 500 crore Rs 100 crore

Rs 1000 crore

None

148. With which country India concluded a joint military exercise Surya

KiranVII

at Pithoragarh?

Singapore

France

Nepal

Russia

None

149. India’s first National AntiTuberculosis

Drug Resistance Survey launched by Health Minister Harsh Vardhan in which

city of India?

Delhi Hyderabad

Mumbai

Bangalore

None

150. Who won the women’s singles of US Open 2014?

Caroline Wozniacki

Li Na

Serena Williams Petra Kvitova

None

151. In the 56th Annual Grammy Awards, who was the winner of Album of the

year award?

Radioactive

Locked Out Of Heaven

Daft Punk Blurred Lines

None

152. Which film won the Best Picture award in the 86th Oscar Academy

Awards 2014?

Gravity

12 years a Salve

Frozen

Dallas Buyers Club

None

153. Who has been nominated to a key administration post as Alternative

Executive Director at the International Monetary Fund (IMF) by US President

Barack Obama?

Sunil Sabharwal Rajeev Shukla

Ranee Narah

Suresh Kodikunnil

None

154. Where the third regional summit of the BIMSTEC was held in the first

week of March 2014?

Bronte

Nay Pyi Taw Colombo

India

None

155. In which State or Union Territory election of India, None of the Above

(NOTA) was first used by Election commission of India?

Mizoram

Delhi Karnataka

Rajasthan

None

156. Deen Dayal Upadhyaya Antyodaya Yojana launched on 25 September

2014 is related to

Rural sanitation program

Urban Sanitation program

Rural and Urban skill development program Rural and Urban infrastructure development Program

None

157. The Central Bank of which country recently unveiled the plan to introduce

world’s first digital currency?

Norway

Ecuador

Japan

Brazil

None

158. India and Vietnam signed seven pacts to further strengthen their strategic

partnership in key sectors. Which of the following is not a part of the

signed pact between the two countries?

I. On Cooperation and Mutual Assistance in Customs Matters

II. On 100 million dollar Line of Credit for Defence Procurement

III. In the field of Human Health

IV. On Cooperation in the Field of Setting up of Pangasius Breeding and

Farming in India

V. On Cooperation in Youth Affairs

Statement I is not the part of the signed pact

Statement III is not the part of the signed pact

Statement I and III is not the part of the signed pact

Statement III and V is not the part of the signed pact None

159. The present rate of Repo Rate?

7%

7.25%

8% 8.50%

9%

160. Which of the following is the Negotiable Instrument?

Bank draft, Bill of exchange, Bill of lading, Certificate of deposit, Cheque,

Commercial paper, Dock warrant, Government promissory note, Hundi,

Treasury bills, Warehouse receipt, Railway receipt and Railway reservation

ticket

Aeroplane ticket, Indian rail ticket, Bank draft, Bill of lading, Certificate of

deposit, Commercial paper, Dock warrant, Government promissory

note, Hundi, Treasury bills, Warehouse receipt, Railway ticket

Bank draft, Bill of exchange, Bill of lading, Certificate of deposit, Cheque,

Commercial paper, Dock warrant, Promissory note, Hundi, Treasury

bills and Warehouse receipt Bank draft, Bill of exchange, Bill of lading, Certificate of deposit, Cheque,

Commercial paper, Dock warrant, Government promissory note, Hundi,

Treasury bills, Lorry receipt and Court order

None

121. The Tamilnadu Cricket Association Club in Chennai came under fire

for________

Banning meat in the cateen

Asking women not to wear short skrits Turning away a dhoticlad

judge

Airing the Football World Cup Finds

None

122. Which of the following is/are the measure(s) taken by the Reserve Bank of

India (RBI) to ease the liquidity crunch in the country?

A. Cut in Cash Reserve Ratio and Statutory Liquidity Ratio.

B. Increase the flow of foreign direct investment.

C. SuddIv of additional currencv notes in the market.

Only (A)

Only (B)

Only (C)

All (A), (B) and (C)

None of these

123. Who won the first gold medal for India at the 20th Common Wealth

Games being held at Glassgow, Scotland?

Sanjitha Chanu Heena Sindhu

Chanu SaiKhom

Likmabam

None

124. Who amongst the following has suggested to the banks in India to give

details of fund transfers to customers via SMS/Emails?

Reserve Bank of India (RBI) India Banks Association (IBA)

Indian Institute of Banking and Finance

Securities and Exchange Board of India

None of these

125. Bashar alAssad

is the president of which of the following countries?

Iran

Syria Afghanistan

Canada

None

126. Which of the following is NOT a part of India’s Money Market?

Bill Markets

Call Money Market

Banks

Mutual Funds

Indian Gold Council

127. Who designed the Indian Parliament in New Delhi?

Gustave Eiffel

Le Corbusier

Edwin Landseer Lutyens

Bonannopisano

None

128. Which of the following services is NOT provided by the post offices of

India?

Savings Bank Scheme

Retailing of Mutual Funds

Sale of Stamp Papers (Judicial) Issuance of Demand Drafts

Life Insurance Cover

129. The Economic and Social Commission for Asia and Pacific (ESCAP) is

located at ________

Manila

Singapore

Kuala Lumpur

Bangkok None

130. Federal Reserve is the financial organisation of the _.

USA Britain

France

Japan

Germany

131. The book titled “A Tale of Two Drops” has been authored by who among

the following?

APJ Abdul Kalam

Arundhati Roy

Gulam Nabi Azad

Harsh Vardhan None

132. The short term loans given to the farmers are the loans given normally for

a period of

three months

six months

nine months

one year fifteen months

133. Malaika Goel excelled in which of the following sports?

Shooting Weightlifting

Squash player

Table Tennis

None

134. Almost all the major banks who allow NonResident

Indian Accounts or NonResident

Ordinary Accounts offer lower tax rate to those customers

who give a proof that they are from a region that has a DTAA with India. What

is the full form of DTAA ?

Double Taxation Avoidance Agreement. Duty and Taxation Avoidance Agreement.

Duty and Tax on Actual Amount.

Declaration of Tax on Actual Amount

None

135. Which of the following organisations is known as Market Regulator in

India?

IBA

SEBI

AMFI

NSDL

None of these

136. Which of the following is India's new rating index developed by Ministry

of Finance ?

CECA

CRIS SENSEX

TIEA

RTGS

137. With which game is Uber Cup associated?

Foot Ball

Table Tennis

Cricket

Badminton None

138. Very often we read terms 'Perform, Achieve and Trade' (PAT) in

newspapers/magazines these days. PAT is related to which of the following

fields

?

Energy Efficiency

Indira Awas Yojana

Mid Day Meal Scheme

Bharat Nirman

National Old Age Pension Scheme

139. Which country uses the currency “Dirham”?

Libya

UAE

Kuwait

Saudi

Arabia

140. Which of the following organizations/agencies has decided to establish a

National Innovation Foundation (NIF) to encourage early stage

innovations in India ?

University Grants Commission

Confederation of Indian Industry (CII)

Department of Science & Technology, Government of India Atomic Energy Commission (AEC)

Council for Industrial and Scientific Research (CSIR)

141. Which city will host the 2018 Common Wealth Games?

Hambantota (Srilanka)

Gold Coast (Australia) Wellington (New Zealand)

London (UK)

None

142. Which among the following is the Highlevel

committee that went into the Commonwealth Games related projects, has

suggested changes in the

functioning and structure of top audit and vigilance bodies like the Comptroller

and Auditor General making it a threemember

body ?

U.C. Banerjee Committee.

Shunglu Committee . PalekarCommittee

A Ghosh Committee

None

143. Which is least literate state in India?

U.P

Bihar

MP

Assam

None

144. Which of the following is NOT a Government sponsored organisation?

Small Industries Development Bank of India

NABARD

National Housing Bank

ICICI Bank All are government sponsored

145. SubPrime

lending refers to :

lending to the customers who are most value for the banks .

lending to the customers who visit bank for the very first time.

lending to the people with less than standard credit status. lending to the people who live a substandard life

None

146. Unique Identification Authority of India (UIDAI), which provides

AADHAAR is a part of which among the following?

National Development Council

Planning Commission

Ministry of Home Affairs Ministry of Planning and Implementation

None

147. Which of the following statements is True about Rashtriya Swasthya Bima

Yojana launched by the Govt. of India ?

This scheme is only for children upto 14 years of age

Scheme was launched in 1983 but was withdrawn in 2000

In 12th Five Year Plan about 7 crore families will be provided insurance

cover under the scheme All those who are above 60 will got an insurance cover of Rs. 10 lakh

None

148. Sumitra Mahajan is a member from which Loksabha constituency?

Ujjain

Bhopal

Indore

Vidisha

None

149. Name the oldest paint company in South East Asia which supplied paints

for Rashtrapathi Bhavan and Howrah Bridge. Its Howra Plant is closing.

Shalimar paints

Dulux Paints

Asian paints

Berger paints

None

150. Which of the following is the deadline set by RBI for Indian Banks to

complete their conformation to the BaselIII

norms ?

March 2020

March 2016

March 2018

March 2014

None

151. Certificates of Deposits have a minimum value of: ?

Rs. 1 lakh Rs. 10 lakhs

Rs. 25 lakhs

Rs. 1 crore

None

152. An Air Algerie passenger aircraft enroute

from Ouagadougou in Burkina Faso to Algiere crashed on 24 July 2014 killing

116 people onboard.

This crash tool palces in desert of which country?

Mauritaina

Mali Algeria

Western Sahara

None

153. Many times we read in financial newspapers/magazines about Systematic

Investment Plans (SIPs). SIPs are an investment option also operated

in the mode of_

Mutual Funds Small Savings Schemes in Post Offices

National Pension Fund

National Saving Certificates

None of these

154. What is the capital of Thailand?

Sofia

Bangkok

Abuja

Bogata

None

155. Which country’s lower house of parliament is called Wolesi Jirga?

Russia

Bangladesh

Afghanistan Pakistan

None

156. Which flim was selected as the Best Feature Film?

Ship of Theseus Bhaag Milkha Bhaag

Rangbhoomi

Liar’s Dice

None

157. Which of the following organizations was specially established to operate

in Gramin areas by design itself?

Commercial Banks

Central Financial Institutes

Private Banks

Regional Rural Banks

None of these

158. World Health Day 2014 was observed across the world

April 7 September 8

April 8

September 7

None

159. CAP ART is associated with which of the following ?

Energy Sector

Rural Development Infrastructure

Foreign trade

None

121. Which company has bagged a Rs 7,800 crore contract recently for setting

up a 1,320 MW thermal power project in Tamil Nadu?

Reliance

BHEL Tata group

ONGC

None

122. Consider the following with respect to the foreign exchange reserves of

India:

A) Foreign Currency Reserves

B) Special Drawing Rights

C) Foreign Institutional Investments

Which of the above comes under the foreign exchange reserve of the country?

Only A

Only B

Only C

Both A and B Both B and C

123. We notice the trend of many banks entering into insurance business

nowadays. Which of the following reasons are responsible for banks entering

into this sector, particularly when many insurance companies are already there

in India?

A) Banks are earning additional revenue in terms of fee/commission by selling

insurance products.

B) With their huge customer base, banks are leveraging on their existing

relationship to convert customers into policy holders.

C) With ever-growing health problems, everybody wants insurance cover and

banks are bringing in many attractive offers to cash in on this trend.

Only A

Only B

Only C

Only A and B Only B and C

124. A major Public Sector Bank raised interest rates on loans by 25 basis

points – was news in some major financial newspapers recently. This

means bank has raised interest by 25 basis points of ___________

savings bank interest rate

base lending rate

repo rates

present rates on deposits

discounted rates of interest

125. Which of the following is not one of the major functions of the National

Bank for Agricultural and Rural Development(NABARD)?

Acting as a regulator for cooperative banks and RRB’s

Extending assistance to the government and others in matters related to rural

development.

Providing refinance to lending institutions in rural areas.

Acting as a coordinator in the operations of rural credit institutions

Review of monetary and credit policy

126. Who among the following is the author of the book ‘Half a Life’ ?

Mark Tully

Deepak Chopra

Chetan Bhagat

Ved Mehta

V . S . Naipaul 127. Which one of the following decisions has been taken by Govt. in respect of

MGNREGA?

The wages should be revised by the State Governments The wages are to be revised by the Planning Commission

The District Authorities who allot work can give differential wages

The wages shall be linked to inflation

None

128. What is the full form of LIBOR as used in financial / Banking sectors ?

Local Indian Bank Offered Rate

London – India Bureau of Regulations

Liberal International Bank Official Ratio

London Inter Bank Offered Rate None

129. Which one of the following has decided to give guarantee for infra loans ?

IDBI

SBI

IIFCL

SIDBI

None

130. Which of the following awards is given to a sports coach?

arjuna award

khel ratna puraskar

sportsman of the year award

dronacharya award

None

131. An individual going to Kuwait will have to make all his / her payments in

which of the following currencies?

Pula

Pula

Curo

Lari

Dinar 132. Eleanor Catton who is Booker Prize winner for 2013 writes in _______

Spanish

German

Russian

French

English 133. ‘Vijay Hazare Trophy’ is associated with the game of

Badminton

Football

Hockey

Cricket None

134. The Shome committee which was appointed to look into the guidelines of

General Anti Avoidance Rules (GAAR) has recommended retrospective

application of tax law only in rarest of rare cases. Which of the following

recommendation/s is/are made by this panel ?

1.To correct anomalies in the statues of Tax laws,

2.To protect the tax base from abusive tax planning schemes with a purpose to

avoid tax

3.To correct technical/procedural defects that impairs a substantive law

Choose the correct option from the codes given below:

1 only

2 only

3 only

1, 2 and 3

None

135. The Reserve Bank of India (RBI) cancelled licences of five non-banking

financial companies (NBFCs) on 2 September 2014. These NBFCs

include Unichem Finance & Enterprises Pvt., Shimansu Vyaparik Kendra Ltd.,

Shree Bhagwati Marketing Private Ltd. and Sureka Teknik Private

Limited. All these NBFCs are based in same city. Which city is this?

Chennai

Kolkata Mumbai

Delhi

None

136. Which professional services firm was hired by the Union Finance Ministry

to undertake a validation exercise of the number of basic bank accounts

opened by the banks under the Pradhan Mantri Jan Dhan Yojana (PMJDY)?

KPMG

Deloitte

PwC

EY

None

137. The Union Government during September 2014 asked Expenditure

Management Commission (EMC) to suggest an effective strategy for meeting

reasonable proportion of expenditure on services through user charges. The

newly set up EMC will have to review the major areas of Central

Government expenditure and suggest ways for creating fiscal space required to

meet developmental expenditure needs. Who is heading EMC?

R N Malhotra

S Venkitaramanan

Dr. C Rangarajan

Dr. Bimal Jalan Dr. Y V Reddy

138. State Bank of India (SBI) on 8 September 2014 launched its first multi-

currency international debit card to allow consumers to use a single card to

pay in multiple currencies. This card launched in a tie-up with MasterCard

would, at present, enable customers to load how many international

currencies in this card?

Two (US dollar, euro)

Three (US dollar, euro, Great Britain pound )

Four (US dollar, euro, Great Britain pound and Singapore dollar)

Five (US dollar, euro, Great Britain pound ,Singapore dollar and Yen currency

None

139. 2nd Summer Youth Olympics concluded at China’s Nanjing city on 28

August 2014. Which country topped the medals tally at these games?

Russia

United States (USA)

Mixed-NOCs (MIX)

China

France (FRA)

140. Renowned Actor-Director Sir Richard Attenborough passed away at the

age of 90 on 24 August 2014. As the Director of much-lauded “Gandhi”

he became an unflagging pillar to British cinema. In which year his film

“Gandhi” won 8 Oscar awards to etch its name in the history of film making?

1980

1981

1982 1983

None

141. Electronic fund transfers like RTGS and NEFT are operated and

maintained by

National Payments Corporation of India (NPCI)

Bharat Bill Payment System (BBPS)

Reserve Bank of India (RBI) Clearing Corporation of India Limited (CCIL)

None

142. Which of the following guidelines are applicable in connection with short

fall in lending to priority sector?

Equivalent amount of shortfall under agriculture sector should be invested with

RIDF

Any shortfall in achieving sub-target under SSI sector, an equivalent amount

should be invested with SIDBI

The interest rates on banks' contribution to RIDF shall be fixed by Reserve

Bank of India from Time to time.

The foreign banks having shortfall in lending to stipulated priority sector target/

subtargets will Be required to contribute to Small Enterprises

Development Fund (SEDF)

All of the above 143. Which of the following awards is given for exemplary contribution in the

area of science & technology?

Arjun award

Kalidas Samman

Dronacharya Award

Dada Saheb Phalke Award

Shanti Swarup Bhatngar Award 144. Which of the following combinations of players and the games they play is

NOT correct ?

V V S Laxman-Cricket

Saina Nehwal-Badminton

Sania Mirza-Golf Abhinav Bindra-Shooting

Vishwanathan Anand-Chess

145. Which of the following is NOT a Financial Institute/Agency?

IRDA

BCCI

FPSB

SEBI

CAG 146. Which of the following is India’s new rating index developed by Ministry

of Finance?

CECA

CRIS SENSEX

TIEA

RTGS

147. Which of the following books is written by Satish Gujral?

A General and His Army

A Bend in the River

A Secular Agenda

A Brush with Life Best and the Brightest

148. Uhuru Kenyatta is the present President of ________

Norway

Nicaragua

Thailand

Belarus

Kenya

149. The Reserve Bank of India does NOT decide the ___________

Rate of Repo and Reverse Repo

Marginal Standing Facility Rates

Bank Rate

Rate of Dearness Allowance to Govt.Employees

Statutory Liquidity Ratio

150. Which of the following will be the venue of the World Athletic

Championship to be organized in 2017?

Tokyo

Paris

New York

London

Mumbai

151. As decided by UNESCO the “International Literacy Day” is observed on

which of the following days every year?

8th September 18th March

28th March

18th September

None

152. The Currency of Bulgaria is _____________

Bulgaria

Forint

Lev Krona

Zolty

153. World bank helps countries with loans for the purpose of _____________

Reconstruction and Development Meeting Deficits in Government Budget

Tackling Foreign Exchange Crises

Stimulating Private Investment

None

154. ________________ Film won at the 61st National Film Awards

announced on 16th April,2014 the best popular film providing wholesome

entertainment

Yeh Jawaani Hai Deewani

Chennai Express

Aashiqui-2

Bhaag Milkha Bhaag None

155. Global Competitiveness Report (GCR) is an annual Report published by

the _______

World Bank

WTO

IMF

WEF None

156. The present rate of CRR?

8%

4%

7%

9%

None

157. The Indian Newspaper Society (INS) is an Organization that plays a major

role in protecting the freedom of Press in India.It was founded in 1939

with headquarters in _______

New Delhi Kolkata

Chennai

Jaipur

Mumbai

158. “Anandiben Patel” took charge as the first women Chief Minister of

___________ state on 22nd May,2014

Rajasthan

Maharashtra

Goa

Andhra Pradesh

Gujarat

159. Central Government has started Jan Dhan Yojna. What are the key points

of this scheme launched by Union Government ?

A.It is a major step towards Financial Inclusion in India

B. It has the target to open 15 crore bank accounts by August 2018

C. It gives overdraft facility of Rs. 5000/- for those people who successfully

operate the account with enough flexibility for continuously 6 months.

D. It gives Accidental Insurance of Rs. 1,00,000.

A Only

B Only

A & B Only

All of the above None

160. Who won the Best Actress Award in the 86th Annual Academy Oscar

Award 2014?

Mila Kunis

Charlize Theron

Marion Cotillard

Cate Blanchett

None