BANKING AWARENESS QUIZ - 2 FOR UPCOMING SBI –PO & CLERK EXAM

BANKING AWARENESS QUIZ - 2 FOR UPCOMING SBI –PO & CLERK EXAM

1.  What does Deficit financing mean?

A) Government of India borrows from World Bank

a) Government of India borrows from IMF

b) Government of India borrows from SBI

c) Government of India borrows from RBI

d) None of these.

2.  Principal functions of SIDBI:

a) Promotion of SSI

b) Finance of SSI

c) Development of SSI

d) All the above

e) None of these.

3.  An increase in CRR by RBI leads to:

a) Decrease in deposit

b) Increase in deposit

c) Increase in lendable resources

d) Decrease in lendable resources

e) None

4.  Which is incorrect with regard to powers of RBI:

a) Holds cash reserve banks

b) Controls banking system through licensing

c) Supervises Banking system through inspection

d) None of the above

e) All of the above

5. In India, forex rates are determined by:

a) Importers

b) Exporters

c) RBI

d) Ministry of commerce

e) Demand and supply forces

6. In TRIPS, what does ‘I’ stand for?

a) Intellectual

b) Information

c) Indian

d) Infra

e) None of these

7. The term ‘BSR’ refers to

(a) Bank’s selling Rate

(b) Basic Statistical Returns

(c) Annual returns submitted by banks to RBI in respect to priority sector advances

(d) Quarterly statements of advance to agriculture

(e) None of the above

8. Which of the following organizations is the Mutual Fund Market regulator?

(a) AMFI

(b) SEBI

(c) CIBIL

(d) CRISIL

(e) None of these

9. Cash reserve ratio is maintained in the form of

(a) government securities           

(b) balance with RBI 

(c) balance with state bank of India 

(d) all         

(e) none

10.  The drawer of a cheque is always a

(a) bank

(b) company

(c) Firm

(d) customer

(e) none

ANSWER KEY

1.D, 2.D, 3.D, 4.D, 5.E, 6.A, 7.B, 8.B, 9.B, 10.D,

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REASONING QUIZ-21 FOR SBI PO & CLERK EXAM- PUZZLE & SYLLOGISM

REASONING QUIZ-21 FOR SBI PO & CLERK EXAM- PUZZLE & SYLLOGISM

DIRECTIONS: READ THE FOLLOWING PASSAGE CAREFULLY AND ANSWERS THE QUESTIONS GIVEN BELOW IT:

In a meeting eight delegates A, B C, D, E, F, G, and H of different countries are sitting around a square table facing the centre not necessarily in the same order. Each one of them is belongs to different countries America, Britain, France, Russia, Australia, Italy, Singapore and Thialand.
F sits second to the right of the delegate of Russia. Singapore is an immediate neighbour of delegate of Russia. Two people sit between the delegate of Singapore and B. C and E are immediate neighbours of each other. Neither C nor E is an immediate neighbour of either B or delegate of Russia. The delegate of France sits second to the right of D, who is the delegate of Britain. G and the delegate of America is immediate neighbour of each other. B is not the delegate of America. Only one person sits between C and D. H sits third to left of the delegate of Thialand. The delegate of Italy sits second to left of the delegate of Australia. 

1. WHICH OF THE FOLLOWING IS TRUE WITH RESPECT TO THE GIVEN SEATING ARRANGEMENT?
(1) E is an immediate neighbour of the delegate of America
(2) E is the delegate of Britain
(3) The delegate of America is an immediate neighbour of F
(4) The delegate of Thialand sits between F and delegate of Italy
(5) Shopkeeper sits second to the right of the teacher

2. H IS THE DELEGATE OF WHICH COUNTRY?
(1) America  
(2) France 
(3) Russia 
(4) Australia  
(5) Thialand

3. WHAT IS THE POSITION OF DELEGATE OF AUSTRALIA WITH RESPECT TO DELEGATE OF SINGAPORE?
(1) Immediately to the left 
(2) Third to the left
(3) Second to the right  
(4) Fourth to the left
(5) Second to the left

4. WHO SIT/S EXACTLY BETWEEN THE DELEGATE OF BRITAIN AND C?
(1) H  
(2) Delegate of France
(3) Delegate of Italy
(4) Cannot be determined
(5) F

5. WHAT IS THE POSITION OF DELEGATE OF FRANCE WHEN COUNTED ANTI-CLOCK WISE DIRECTION FROM C?
(1) Immediately to the left 
(2) Third to the left
(3) Second to the right  
(4) Fourth to the left
(5) None of these

DIRECTIONS (6-7): READ THE FOLLOWING INFORMATION CAREFULLY AND ANSWER THE QUESTIONS GIVEN BELOW.
(i) A X B means “A is the father of B”
(ii) A + B means “B is the sister of A”
(iii) A – B means “B is the mother of A”
(iv) A ÷B means “A is the brother of B”

6. WHICH OF THE FOLLOWING MEANS P IS NEPHEW OF R?
(I) R x K ÷ P
(II) R – N + P – K
(III) R ÷ K x P + M
(1) Only I  
(2) Only II
(3) Only III  
(4) Either II or III
(5) None of these

7. IF IT IS GIVEN K X P ÷ R + S – Q. THEN WHICH OF THE FOLLOWING IS TRUE?
(1) R is the brother of P
(2) K is the husband of S
(3) Q is the wife of K
(4) R is the sister of S
(5) None of these

DIRECTIONS (8-10): IN EACH GROUP OF QUESTIONS BELOW ARE THREE STATEMENTS FOLLOWED BY TWO CONCLUSIONS NUMBERED I AND II. YOU HAVE TO TAKE THE GIVEN STATEMENTS TO BE TRUE EVEN IF THEY SEEM TO BE AT VARIANCE FROM COMMONLY KNOWN FACTS AND THEN DECIDE WHICH OF THE GIVEN CONCLUSIONS LOGICALLY FOLLOW FROM THE THREE STATEMENTS DISREGARDING COMMONLY KNOWN FACTS. 
GIVE ANSWER—
(1) If only conclusion I follows.
(2) If only conclusion II follows
(3) If either conclusion I or conclusion II follows.
(4) If neither conclusion I nor conclusion II follows.
(5) If both conclusion I and conclusion II follow.

STATEMENTS (8-10):
No coconut is a lemon.
All lemons are onions.
All coconuts are groundnuts.

8. CONCLUSIONS: 
I. Some groundnuts are not onions.
II. All lemons are groundnuts is a possibility.

9. CONCLUSIONS: 
I. Some lemons which are groundnuts are also a part of onions
II. No onion is coconut.

10. STATEMENTS
Some thousands are millions.
All millions are billions.
All trillions are billions.

 CONCLUSIONS: 
I. All thousands are trillions is a possibility.
II. No billion is thousand is a possibility.

ANSWERS

1.4, 2.3, 3.2, 4.3, 5.5, 6.5, 7.3, 8.2, 9.4, 10.1,

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BANKING AWARENESS QUIZ-1 FOR UPCOMING SBI –PO & CLERK EXAM

BANKING AWARENESS QUIZ-1 FOR UPCOMING SBI –PO & CLERK EXAM

1. WHICH IS NOT A FUNCTION OF GENERAL INSURANCE ?
a) Cattle Insurance
b) Crop Insurance
c) Marine Insurance
d) Fire Insurance
e) Medical Insurance

2. WHAT IS MORTGAGE :
a) Security on movable property for a loan
b) Security on immovable property for a loan
c) Concession on immovable property
d) Facility on immovable property
e) Security on loan sanctioned against fixed deposits

3. A FIXED DEPOSIT RECEIPT KEPT WITH THE BANK FOR ITS SAFETY IS CALLED ?
a) Safe custody
b) Safe deposit
c) Locker
d) Valid safe deposit
e) None of the above

4. WHO AMONG THE FOLLOWING IS THE PRIMARY REGULATOR OF BANKING IN INDIA?
a) Reserve Bank of India
b) Central Government
c) State Government
d) Parliament
e) a and b both the above

5. A COMPANY, WHICH IS NOT A NON  BANKING FINANCIAL COMPANY (NBFC) WANTS TO COLLECT PUBLIC DEPOSITS THEN IT IS GOVERNED BY WHICH ACT:
a) RBI Act 1934
b) Banking companies Act
c) Companies Act 1956
d) Central Government
e) None of the above

6. IN INDIA, IT IS NECESSARY FOR A BANK TO TAKE LICENSE FROM THE RBI FOR OPENING A NEW BRANCH. THIS IS A REQUIREMENT UNDER WHICH ACT
a) Section 22 of banking Regulation Act
b) Section 22 of RBI Act
c) Section 22 of NABARD
d) KYC Guidelines by RBI
e) a and b above

7. WHICH ONE IS NOT THE MOST COMMON OBJECTIVE OF BANKING REGULATIONS ?

A. Systematic Risk Reduction.

B. Credit Allocation

C. Prudential Objectives

D. Market Discipline.

E. None of these

8. FINANCIAL INCLUSION IS ALSO KNOWN AS ?.

A. Social Responsibility of the Banking and Govt. System.

B. Delivery of Financial Services at an affordable cost

C. Delivery of banking services at an affordable cost.

D. All of these

E. None of these

9. WHICH OF THE FOLLOWING IS NOT THE GOVERNMENT SECURITIES?

A. T- Bill.

B. Floating rate Bonds

C. Dated Securities

D. Call/Put Option Bonds.

E. Gilt edged secruities

10. CREDIT GUARANTEE CORPORATION ESTABLISHED IN WHICH YEAR,?

A. 1975

B. 1988

C. 1971

D. 2001
E. 2003

ANSWER

1.C, 2.B, 3.A, 4.A, 5.D, 6.A, 7.D, 8.D, 9.A, 10.C,

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DAILY CURRENT AFFAIRS: 11 MAY 2016

DAILY CURRENT AFFAIRS: 11 MAY 2016

(Daily News India)

Shared By: WWW.DailyGk.IN

1. SHASHANK MANOHAR STEPS DOWN AS BCCI PRESIDENT

i. Shashank Manohar has resigned as President of Board of Control for Cricket in India .

ii. He also has resigned as the representative of BCCI on the International Cricket Council

iii. He was appointed as president after the sudden demise of Jagmohan Dalmiya.

iv. Board of Control for Cricket in India is the national governing body for cricket in India and is considered as world’s richest cricket board.

2. 10^TH MAY 2016 IS OBSERVED AS WORLD MIGRATORY BIRD DAY

i. World Migratory Bird Day  is being observed across the world on 10^th  May.

ii. The day is observed to raise awareness and highlight the need for the protection of migratory birds and their habitats.

iii. The Theme of the day is “Stop the Illegal Killing, Taking and Trade of Migratory Birds”.

3. INDIA VS PAKISTAN: WHY CAN’T WE JUST BE FRIENDS BOOK RELEASED BY HUSAIN HAQQANI

i. A book titled India vs Pakistan: Why Can’t we just be Friends authored by former Pakistani Ambassador to the U.S. Husain Haqqani released.

ii. The book on India-Pakistan relations stirred a controversy because it exposed Pakistan's role in the 26/11 terror attacks.

4. RBI CANCELLED CERTIFICATE OF REGISTRATION OF FOUR NBFCS

i. The Reserve Bank of India cancelled the certificate of registration of the four Non-Banking Financial Companies.

ii. RBI cancelled their certificates by using powers given under Section 45-IA (6) of the Reserve Bank of India Act, 1934.

iii. The NBFCs whose certificates of registration were cancelled are given following:

a.    M/s Neelanjali Engineering Private Limited

b.   M/s Novoflex Tradecom Private Limited

c.    M/s Guide Investments and Trading Co. Pvt. Ltd

d.   M/s Enol Ventures Private Limited

5. INDIAN ARMY CONDUCTS ‘CHAKRAVYUH-II’ TRAINING EXERCISE IN RAJASTHAN

i.Indian Army had conducted major military training exercise ‘2016 Chakravyuh-II’ in Suratgarh, Rajasthan.

ii. The Chakravyuh-II exercise involved rapid mobilisation and execution of battle plans in conjunction with the Indian Air Force.

iii. The exercise is conducted to surveillance, intelligence, reconnaissance and communication systems test in a network-centric battlefield environment.

6. SENIOR ADVOCATE ATMA RAM NADKARNI APPOINTED ADDITIONAL SOLICITOR GENERAL

i. Senior advocate of Bombay High Court Atma Ram Nadkarni was appointed as Additional Solicitor General.

ii. The Appointment is made as Additional Solicitor General in Supreme Court for a period of three years.

iii. Additional Solicitor General of India is a law officer of India and is the third ranking lawyer of the Government of India.

iv. The main work of additional solicitor general is to advice to the Government of India upon legal matters, and to perform h other duties of a legal character.

7. MICHEL PLATINI RESIGNS AS UEFA PRESIDENT AFTER BAN APPEAL FAILS.

i. Michel Platini  resigned as Union of European Football Association’s  president after Court of Arbitration of Sports upheld the ban imposed by FIFA.

ii. The CAS rejected the appeal about the legitimacy of the payment ordered by ex-FIFA president Sepp Blatter.

iii. FIFA’s Independent Ethics Committee banned Sepp Blatter, Michel Platini from football for 8 years due to corruption practices in FIFA.

CURRENT AFFAIRS GK QUIZ BASED ON TODAY’S NEWS

1. WHO IS THE PRESENT PRESIDENT OF INTERNATIONAL CRICKET COUNCIL?

a.Shaahank manohar  

b.Srinivasan  

c.Zaheer abbas  

d.None of these

2. WHO HAS RESIGNED AS THE REPRESENTATIVE OF BCCI AND ICC?

a.Anurag thakur  

b.Shashank manohar  

c.Zaheer zabbas  

d.Jagmohan dalmiya

3. WHEN IS “WORLD BIRD MIGRATION” DAY IS OBSERVED?

a.11^th may  

b.9^th may  

c.8^th may 

d.10^th may

4. WHO IS THE GOVERNER OF RBI?

a.Raghuram rajan 

b. URjit patel  

c.H.R khan 

d.R.Ghandhi

5. WHO IS THE PRESENT SOLICATOR OF INDIA?

a. Ranjit Kumar 

b.M.R rao 

c.Atma Ram Nandkarni 

d.None of these

6. WHERE IS THE HEADQUARTER OF UEFA?

a.Geneva

b.London

c.Switzerland

d.Paris

7. WHO IS THE AUTHOR OF “INDIA VS PAKISTAN: WHY CAN’T BE FRIENDS” ?

a.Husain Haqqani 

b.Abbas mastani 

c.Hamid ansari 

d.Yusuf khan

ANSWERS:

1.c       2.b       3.d       4.a       5.a       6.c  7.a

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QUANT QUIZ-22 FOR SBI CLERK & PO –MIX TOPIC

QUANT QUIZ FOR SBI CLERK & PO –MIX TOPIC

Q1 . 13    25    61    121    205    (?)
(1) 323
(2) 326
(3) 324 
(4) 313 
(5) None of these

Q 2 . 656    352    200    124    86    (?)
(1) 37
(2) 59
(3) 62 
(4) 57 
(5) None of these

Q 3. 2001 × 473 ÷ 1001 – 245 = ?
(1) 650  
(2) 700 
(3) 950  
(4) 850 
(5)1000

Q 4. √2450 - √1200 + √440 = ?
(1) 59  
(2) 53 
(3) 44  
(4) 25 
(5) 36

Q 5. 501/58 × 291/101 ÷ 31/155 = ?
(1) 140  
(2) 125 
(3) 95  
(4) 85 
(5)110

Q 6. Of  the science books in a certain supply room, 40 are on botany, 35 are on zoology, 30 are on physics, 40 are on geology, and 55 are on chemistry. If science books are removed randomly from the supply room, how many must be removed to ensure that 20 of the books removed are on the same science subject? 
(1) 81  
(2) 79  
(3) 96  
(4) 85  
(5) 100

Q 7. In how many different ways, letters of the word MANPOWER be arranged such that all vowels are together? 
(1) 360  
(2) 4320 
(3) 1440
(4) 2160 
(5) 40320

Q 8. On a certain test, 3 students each had a score of 90, 9 students each had a score of 80, 4 students each had a score of 70, and 4 students each had a score of 60. What was the average (arithmetic mean) score for the 20 students ? 
(1) 70.5  
(2) 75.0  
(3) 75.5
(4) 80.0  
(5) 80.5

Q 9. An orange vendor makes a profit of 20% by selling oranges at certain price. If he charges Rs. 1.2 higher per orange he would gain 40%. Find the original price at which he sold an orange.
a) RS. 5.6
b) Rs. 7.2
c) Rs. 4.8
d) Rs. 8
e) None of these


Q 10. If difference between CI and SI on a certain sum of money is Rs. 72 at 12% p.a. for 2 years then find the amount.
a) RS.6000
b) Rs.5000
c) Rs. 5200
d) Rs. 4900
e) None of thes

ANSWERS

1.4, 2.1, 3.2, 4.5, 5.2, 6.3, 7.2, 8.3, 9.2, 10.5,

For Full Explanation Of Each Question CLICKHERE

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