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Thursday, March 26, 2015

BAKING AWARENESS QUIZ QUESTIONS PART-2

BANKING TEST - 2 
1.     Savings Accounts can be opened by
1)        All individuals fulfilling KY C norms
2)        All tax payers
3)        All individuals above the age of 18
4)        All businessmen
5)        All students below the age of 18
2.     Choose the correct sentence
1)        KYC norms are not applicable for Financial Inclusion
2)        Loans can be granted to students at a low rate of interest
3)        Home loans are not useful for public
4)        NRI customers are not profitable customers
5)        Online marketing is very costly
3.   In a Savings Account, money can be deposited on
1)        Monthly basis
2)        As per the convenience of the depositor
3)        Annual basis        
4)        In one lump sum
5)        Quarterly basis
4.  Which of the following terms is not related to banking?
1)  Repayment     
2)  Loan
3)  NPA                 
4)  Fasting
5)  Deposit
5. Insurance cover for bank deposits in our country is provided by-
1)  SBI                   
2)  Government of India
3)  GIC                   
4)  LIC
5)  DICGC
6. The Headquarters of International Monetary Fund (IMF) is in—
1)  Manila
2)  Paris
3)  Washington DC          
4)  London     
5)  Jakarta
7. What does the letter 'L' stands for in the term LAF commonly used in financial/economic news?
1)  Liquidity                        
2)  Least
3)  Liabilities                    
4)  Long
5)  Liquid
8. Which of the following is not a primary function of a Bank?
1)  Granting Loans
2)  Collecting Cheques/Drafts of customers
3)  Facilitating import of goods
4)  Issuing Bank Drafts
5)  Selling Gold/Silver Coins
9. Which of the following represents correct meaning of 'REPO RATE’?
1)  Rate on which RBI sells Government Securities to Banks
2)  Rate for borrowing rupees by banks from RBI
3)  Rate offered by banks to their prime customers
4)  Rate applicable for grant of priority sector loans
5)  None of these
10.   Which bank is the banker to the Central Government?
1) Central Bank of India
2) Reserve Bank of India
3) Punjab National Bank
4) State Bank of India
5) All of these 
ANSWER

1.     1
2.     2
3.     2
4.     4
5.     5
6.     3
7.     1
8.     3
9.     2
10.2

DAILY FREE CURRENT AFFAIRS 26 MARCH 2015

DAILY CURRENT AFFAIRS 26 MARCH 2015
Shared By: WWW.DailyGk.IN                        
1) RUTH PORAT BECOMES NEW CFO OF GOOGLE INC:
Ø  Google Inc has appointed Ruth Porat to be the new Chief Financial Officer.
Ø  Ruth Porat will succeed Patrick Pichette who announced his retirement.
Ø  Currently Ruth Porat is working as CFO at Morgan Stanlay.
Note:    CEO of Google – Larry Page

2)  EIH APPOINTED NEW MANAGING DIRECTOR:
Ø  Vikramjit Singh Oberoi is appointed as the new Managing Director of EIH ltd.
Ø  Vikramjit Singh Oberoi will succeed Shib Shanker Mukherjee.
Ø  Currently Vikram Oberoi is a joint MD and COO (Chief Operating Officer).
Note: EIH limited runs the Oberoi hotels under the aegis of the Oberoi group.

3)   MAHARASHTRA GETS RS 2000 CRORE FROM CENTRE:
Ø  Union Government has sanctioned 2000 crore rupees for drought hit districts of Maharashtra.
Ø  The high level committee(HLC) of the National Disaster Management Authority (NDMA) has sanctioned 2000 crore rupees to Maharashtra under NDRF.
Ø  HLC comprised of Union Home Minister Rajnath Singh, Union Finance Minister Arun Jatley and Union Agriculture Minister Radha Mohan Singh.
Ø  NDRF – National Disaster Relief Fund
EXPECTED QUESTION FROM THIS CURRENT AFFAIRS NEWS
1.     Which state got Rs. 2000 crore under NDRF?
a.       Rajasthan
b.      Maharashtra
c.       Sikkim
d.      Himachal Pradesh

4) 3 YEARS OLD BECOMES YOUNGEST ARCHER TO ENTER INDIA BOOK OF RECORDS:
Ø  Dolly Shivani Cherukuri of Andhra Pradesh becomes the youngest Archer to enter India Book of Records.
Ø  Dolly Shivani Cherukuri of 3 years scored 388 points in the recurve segment in two distances , seven and five meters at volga archery academy in vijayawada.
Ø  Dolly Shivani cherukuri shot 36 arrows each from 5 mtrs and 7 mtrs to score 388 points.
Note:   AAI – Archery Association of India.
·         She was 9 days less than three years at the time of entering the India Book of Records.

5)  3 ISVs COMMISSIONED IN VISHAKHAPATNAM:
Ø  Indian Navy has commissioned 3 immediate Support Vessels (ISVs) in Vishakhapatnam.

Ø  Vice Admiral Satish Soni commissioned three ISV’s comprising T-38, T-39  and T-40 at the Vishakhapatnam Naval Dockyard in Andhra Pradesh.

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