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Friday, 10 June 2016

General Awareness Quiz 8 for SBI & IBPS exams

General Awareness Quiz 8 for SBI & IBPS exams

1 . Which one of the following has decided to give guarantee for infra loans ?
A.    IDBI
B.    SBI
C.    IIFCL
D.    SIDBI
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2 . Which one of the following has got RBI nod to issue prepaid cards to its clients ?
A.    LIC
B.    GIC
C.    SIDBI
D.    None of these
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3 . As per recent newspaper reports India's public debt rises 2.8 percent to Rs. 28 lakh crores. Which one of the following is the reason that has forced commercial banks to buy Government securities ?
A.    Lack of credit growth
B.    Increase in credit growth
C.    Raising of repo rate
D.    None of these
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4 . Which one of the following may be the consequence of buying forex in the market by the RBI ?
A.    It leads to inflation
B.    It leads to controlover inflation
C.    It results into deflation
D.    None of these
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5 . Under provisions of which one of the following Acts, the ReserveBank of India has the power to regulate, supervise and control the banking sector ?
A.    RBI Act
B.    Banking Regulation Act
C.    RBI and Banking Regulation Act
D.    None of these
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6 . Which one of the following has proposed $ 11 billion infrastructure debt fund ?
A.    NABARD
B.    SBI
C.    RBI
D.    Planning commissions
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7 . The NAV of a mutual fund_____
A.    IS always constant
B.    Keeps going up at a steady rate
C.    Fluctuates with market price movements
D.    None of these
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8 . A Saving Bank Deposit Account is one where
A.    Amounts are deposited and are withdrawn as per requirement of the customers.
B.    The deposits are made only once in a year
C.    All of the above
D.    None of these
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9 . Zero balance account is generally allowed to beopened for —
A.    salaried class
B.    bussinessmen
C.    foreign customers
D.    children
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10 . In Deposits Account "KYC" (Know Your Customer) has been implemented in 2002 as per directive of-
A.    IBA
B.    RBI
C.    MInistry of Finance
D.    SEBI
View Answer
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