BANKING QUIZ - 47 FOR IBPS-PO & CLERK EXAM

BANKING QUIZ - 47 FOR IBPS-PO & CLERK EXAM

1. On which of the following types of cheques alterations are not allowed by RBI?

(a) Paper cheque

(b) Electronic cheque

(c) CTS cheque

(d) Cheque with account payee crossing

2. “Hot money” refers to?

(a) Capital which is frequently transferred between financial institutions in an attempt to maximize interest or capital  gain.

(b) Money earned through speculative transactions

(c) Money used to hoard scarce commodities

(d) Money earned through illegal transactions

3. Which of the following is/are correct about the “Operational Risk” as used in the field of banking?

A. Risk of loss due to natural calamities

B. Risk of loss due to inadequate or failed internal process

C. Loss occurred due to non-compliance of legal procedures

D. All of the Above

E. None of the Above

4. When a corporate entity wishes to raise money from the market it can do that by issuing

A. Commercial Papers

B. Kisan Vikas Patra

C. National Savings Certificate

D. Treasury Bills

E. None of the Above

5. Head quarters of National Council of Applied Economic Research (NCAER) is located in ______

A. Mumbai

B. Chennai

C. Hyderabad

D. New Delhi

E. None of the Above

6. Which of the following is the most active segment of the money market in India?

A. Call Money

B. Certificate of Deposit(CD)

C. Commercial Paper(CP)

D. All of the above

E. None of the Above

7. SEPA Stands for ______

A. Scottish Environment Protection Agency

B. Single Euro Payments Agency

C. Scottish Environment Protection Area

D. Single Euro Payments Area

E. None of the Above

8. Co-operative banks are regulated by the Reserve Bank of India under _________

A. Banking Regulation Act, 1949

B. Banking Laws (Application to Co-operative Societies) Act, 1965

C. Negotiable Instrument Act–1881

D. Both (A) and (B)

E. None of the Above

9. A negotiable instrument delivered to a person conditionally or for safe custody, but not for the purpose of negotiation is called _________.

A. Escrow

B. Protest

C. Noting

D. All of the Above

E. None of the Above

10.__________ is the process by which the ownership of the credit instrument is transferred from one person to another.

A. Assignment

B. Negotiation

C. Endorsement

D. All of the Above

E. None of the Above

ANSWER KEY

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

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REASONING QUIZ-68 FOR IBPS- PO & CLERK

REASONING QUIZ-68 FOR IBPS- PO & CLERK

Directions (Q. 1 - 4): Read the following information carefully and answer the questions that follow.

Prem, Avi, Rohan, Swapnil, Tina and Vaibabh all prepared sweets to gifts them in Diwali viz, badam pista, Peda, Panjiri, Muffins, Rasmalai and Pastries. Each person likes to gift prepared sweets to different people i.e- relatives, friends, poor peoples, colleagues and neighbours, but not necessarily in the same order. One who gifts sweets to friends prepares Pastries. Only Rohan prepares Peda. The person who gifts sweets to poor people does not prepare badam pista and muffins. Avi and Tina neither prepare pastries nor gifts sweets to poor people. Vaibabh prepares rasmalai. Prem doesn't prepare Panjiri. Avi gifts sweets to colleagues. The person who gifts sweets to relatives prepares badam pista. The person who gifts sweet to poor people doesn't Peda. Rasmalai is gifted to nobody. Swapnil doesn’t give gift to relatives.

1. Who prepares muffins?

1) Avi

2) Vaibabh

3) Rohan

4) Tina

5) Prem

2. Who among the following gifts sweets to poor people?

1) Avi

2) Prem

3) Tina

4) Swapnil

5) Rohan

3. Which of the following statements is definitely true?

1) Vaibabh friends - Rasgulla

2) Avi- Badam pista - Colleagues

3) Tina- Badam pista- Relatives

4) Prem - Pastries - Neighbours

5) None of these

4. Who doesn't gifts sweet?

1) Avi

2) Tina

3) Rohan

4) Vaibabh

5) Can't be determined

5. Rohan gives sweets to which of the following?

1. Neighbours

2. Relatives

3. Friends

4. Colleagues

5. No Body

Study the following information to answer the given questions (6-10):-

      A, B, C, D, E, F and G live on seven different floor of a building. The lower most floor of the building is no 1 ,then the above floor is no 2 and so on. Each like a different subjects such as Operating system, Networking, Programming, Testing, MIS, Microprocessor and DBMS.

      A lives on an odd numbered floor but not on the floor no 3. The one who likes MIS lives immediately above A. Only 2 people live between D and the one who likes MIS.

      The one who likes Networking lives on an odd no floor above D. Only 2 people live between C and person who like Networking. The one who likes Programming lives immediately above C.

       Person who like Operating system lives immediately above the one who likes DBMS . G lives one of the odd no floor. Only 1 person lives between B and E. B lives on one of the floor above E. Neither B nor A likes Testing. E does not like Programming.

6. Who among the following lives on the floor no 2?

1) D

2) F

3) B

4) C

5) None of these

7.  Which of the following subjects B likes?

1) Microprocessor

2) Programming

3) MIS

4) Networking

5) None of these

8. Which of the following combination true with respect to given arrangements?

1)1-MIS

2)3-Operating system

3)5-Programming

4)4-Testing

5) None of these

9. If all the peoples are arranged to sit in alphabetical order from   bottom to top, the position of how many people remain unchanged?

1) None

2) One

3) Two

4)  Three

5) Four

10. Who lives below A?

1) E

2) F

3) B

4) C

5) No One

ANSWER KEY

1.1, 2.4, 3.3, 4.4, 5.1, 6.4, 7.5, 8.4, 9.2, 10.5,

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BANKING QUIZ – 46 FOR IBPS-PO & CLERK EXAM

BANKING QUIZ – 46 FOR IBPS-PO & CLERK EXAM

1. Which International company has reinsured Pradhan Mantri Suraksha Bima Yojana (PMSBY) to   encourage insurance companies to participate in the scheme?

a. Le Insure

b. Janoun Insurance Company Ltd

c. Hannover Re

d. Life Insurer

e. None of these

2. Axis Bank, India's third largest private bank, opened its first Express Branch in which of the following cities?

a. New Delhi

b. Kolkata

c. Chennai

d. Bangalore

e. Mumbai

3. By which mean ICICI Bank customers transact fund without using PIN or any kind of password?

a. Finger Prints impression

b. Voice password

c. Aadhar Number

d. OTP Number

e. All of the above

4. Fiscal deficit can be defined as?

(a) Total expenditure less total receipts excluding borrowing

(b) Total payments less total receipts

(c) Total payments less capital receipts

(d) Total income less Govt. borrowing

5. Prior to the establishment of the Reserve Bank of India, the Government banking business was conduct by?

(a) Bank of India

(b) Imperial Bank of India

(c) National Bank of India

(d) Central Bank of India

6. In India, which of the following agency is responsible for announcing the Foreign Trade Policy?

(a) RBI

(b) EXIM-Bank

(c) Ministry of Commerce and Industry

(d) Foreign Ministry

7. Euro Bond can be defined as

(a) A bond denominated in a currency not native to the issuer's home country.

(b) Issued in Euro currency

(c) Issued in the European market 

(d) All of the above

8. FDI refers to?

(a) Fixed Deposit Interest

(b) Fixed Deposit Investment

(c) Future Derivative Investment

(d) Foreign Direct Investment

9. Which among the following is correct full form of CAS in context with banking markets in India?

 (a) Credit Authorization Scheme

(b) Cash Authorization Scheme

(c) Credit Access System

(d) Credit Arrangement System

10. The Food and Agriculture Organization (FAO) is a wing/agency of the?

(a) World Bank

(b) Asian Development Bank

(c) United Nations Organization

(d) Ministry of Agriculture Govt. of India

ANSWER KEY

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

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DAILY CURRENT AFFAIRS: 01 SEP 2016

DAILY CURRENT AFFAIRS: 01 SEP 2016

(Daily News India)

Shared By: WWW.DailyGk.IN

1. INDIA JUMPS 19 PLACES IN LOGISTICS PERFORMANCE INDEX: WORLD BANK

i. India jumped 19 places in the Logistics Performance Index to rank 35th in this year’s list.

ii. The World Bank has recently released a Logistics Performance Index (LPI) 2016 report titled ‘Connecting to Complete 2016’.

iii. The logistics' list was topped by Germany.

2. BHUTAN SET TO HOST ASIAN TENNIS TOUR EVENT NEXT MONTH

i. Land of the thunder dragon’s Nation Bhutan is set to become the fourth Asian country to host a tournament on the Asian Tennis Tour.

ii. India, Thailand and Iran have already hosted a series of tournaments, both men and women, on ATT and Bhutan is scheduled to host its maiden event from September 16 to 18.

3. FIRST MILITARY HERITAGE WEBSITE LAUNCHED

i. India's first military heritage website, coloursofglory.org was launched by Glory Foundation at Chennai.

ii. A veteran of the 1971 Indo-Pak war, city based Captain D.P.Ramachandran who is also the executive trustee of the foundation declared the war heroes of South India held great significance to the history of India.

4. MOBIKWIK JOINS HAND WITH 12 STATE ELECTRICITY BOARDS

i. India's largest digital payment company in India, MobiKwik has announced coalition with 12 state electricity boards.

ii. The MobiKwik took this initiative ahead of its expansion plan to set up a national base for utility payments.

5. UNION MINISTER JP NADDA UNVEILED MERA ASPATAL – MY HOSPITAL INITIATIVE

i. Union Health and Family Welfare Minister JP Nadda launched the ‘Mera Aspataal’ (my hospital) initiative.

ii. This move seeks to empower the patients by seeking their views on the quality of experience in a public healthcare facility.

6. GUJARAT BECOMES FIRST STATE TO DISTRIBUTE 2 CR. LED BULBS

i. Under the Government’s initiative of affordable LEDs for all (UJALA) scheme, Gujarat has become the 1st state to distribute 2 crore LED bulbs.

ii. Gujarat has reached this milestone in just 96 days and over 42 lakh households have already benefitted from the scheme.

7. 100-YEAR-OLD ATHLETE FROM INDIA, WINS GOLD MEDAL AT MASTERS GAMES

i. India’s 100-year-old athlete, Man Kaur has won Gold medal at the American Masters Games in the 100-meter dash. She took a minute-and-a-half to cross the finish line in Vancouver.

ii. Kaur from Chandigarh was the only female competitor in her age category at the competition for older athletes.

CURRENT AFFAIRS GK QUIZ BASED ON TODAY’S NEWS

1. WHAT TITLE HAS BEEN GIVEN TO LOGISTIC PERFORMANCE INDEX 2016 BY WORLD BANK?

a. Connecting World

b. Supply Logistic

c. Connecting to Complete

d. Logistic Connection

2. ASIAN TENNIS TOUR WILL BE HOST BY WHICH OF THE FOLLOWING COUNTRIES?

a. India

b. Mayanmar

c. Thailand

d. Bhutan

3. WHICH PAYMENT APP HAS ANNOUNCED COALITION WITH 12 STATES ELECTRICITY BOARD FOR UTILITY PAYMENT?

a. Paytm

b. Mobikwik

c. Freecharge

d. Gobibo

4. NAME THE UNION HEALTH AND FAMILY WELFARE MINISTER OF INDIA?

a. JP Nadda

b. Sadananda Godwana

c. Suresh Prabhu

d. Amit Shah

5. WHAT IS THE CAPITAL OF GUJARAT?

a. Rajkot

b. Gandhinagar

c. Surat

d. Daman

ANSWERS:

1. C     2. D     3. B     4. A     5. B 

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DAILY CURRENT AFFAIRS: 31 AUG 2016

DAILY CURRENT AFFAIRS: 31 AUG 2016

(Daily News India)

Shared By: WWW.DailyGk.IN

1. PV SINDHU TO BE COMMANDANT IN CRPF

i. Central Reserve Police Force India (CRPF) has decided to appoint Olympic silver medallist PV Sindhu as it’s brand ambassador and bestow the honorary rank of Commandant on the ace badminton player.

ii. A Commandant rank in the CRPF is equivalent to the position of a Superintendent of Police (SP) and such an officer commands a battalion of about 1,000 personnel, when posted in field operations.

2. YOGESHWAR DUTT’S BRONZE MEDAL TURNS TO SILVER

i. Wrestler Yogeshwar Dutt's London 2012 bronze might be upgraded to silver.

ii. The upgrade has been triggered by a positive dope test of late Russian wrestler Besik Kudukhov, the original silver winner in the 60-kg freestyle event.

iii. Following the upgrade, India now has eight Olympic silver medals.

3. INDIA AND US SIGN LOGISTIC EXCHANGE PACT BOOSTING DEFENCE TIES

i. India and the US have signed an important agreement that will make the two nations logistical allies and enable both the militaries to use each other's assets and bases for repair and replenishment of supplies.

4. INDIA AND MYANMAR SIGN FOUR AGREEMENTS.

i. India and Myanmar have signed four MoU to enhance cooperation and bilateral relations between the two countries.

Agreements:

a.    The first agreement pertains to the construction of 69 bridges on the Tamu-Kalewa section of the trilateral highway connecting India, Myanmar and Thailand.

b.   The second agreement is on upgrading the Kalewa-Yargi section of the trilateral highway.

c.    The third agreement is for cooperation in the field of renewable energy,

d.   The fourth agreement cooperation in the field of Traditional Systems of Medicine

5. INDIA TO GROW AT 7.6% IN FY'17: RBI

i. The RBI, in its Annual Report, has projected India's growth rate at 7.6% in 2016-17, up from 7.2% last year.

ii. The Reserve Bank of India is India's central banking institution, which controls the monetary policy of the Indian rupee.

6. DOGRI WRITER PADMA SACHDEV GETS SARASWATI SAMMAN

i. Padma Sachdev was awarded the prestigious Saraswati Samman for the year 2015 for her autobiography 'Chitt-Chete' in Dogri language. She was felicitated by Delhi's Lt Governor Najeeb Jung in New Delhi on 29 August 2016.

ii. The 76-year-old poet and novelist's autobiography, published in 2007, was shortlisted from 22 works written in as many languages published between 2005 and 2014.

7. PM NARENDRA MODI INAUGURATES 1ST PHASE OF SAUNI YOJANA IN JAMNAGAR

i. PM Narendra Modi has inaugurated the first of the 4 phases of the ambitious irrigation (worth Rs 12000 Cr.) scheme, Saurashtra Narmada Avtaran Irrigation Yojana (SAUNI), at the Aji-3 dam near Rajkot.

ii. Phase-1 of the project has been developed at a cost of Rs. 1,562 crore with 58 km of pipeline.

8. ANANTH KUMAR LAUNCHES ‘PHARMA SAHI DAAM’ MOBILE APP

i. The Union minister of Chemicals & Fertilizers and Parliamentary Affairs Ananth Kumar launched a mobile App. developed by NPPA, which shows the MRP fixed by NPPA for various scheduled drugs on the real time basis.

ii. In the Sidelines the Minister also urged a ‘3A (Availability, Affordability and Accessibility) approach to achieve health security for every citizen of India.

CURRENT AFFAIRS GK QUIZ BASED ON TODAY’S NEWS

1. RECENTLY, INDIA HAS SIGNED MOU WITH WHICH COUNTRY TO ENHANCE LOGISTIC EXCHANGE BETWEEN THE ARMIES OF THE TWO COUNTRIES?

a. China

b. Japan

c. Korea

d. US

2. NAME THE TRILATERAL HIGHWAY WHICH IS CONNECTING THREE COUNTRIES INDIA , MAYANMAR AND THAILAND?

a. Tamu-Kalewa

b. Tamu-Mayana

c. Tamu-Indo

d. Indo-Mayana

3. WHAT IS THE INDIA’S GROWTH RATE ACCORDING TO RBI ANNUAL REPORT?

a. 7.5%

b. 7.6%

c. 7.2%

d. 7.1%

4. PM NARENDRA HAS LAUNCHED SAUNI YOJANA FOR WHICH WHICH OF THE FOLLOWING PURPOSES?

a. Financial Inclusion

b. Forex Exchange

c. Irrigation Purposes

d. Employment

5. NAME THE APP WHICH IS RECENTLY LAUNCHED BY MINISTRY OF CHEMICAL AND FERTILIZERS?

a. Medicine Right Away

b. Pharma Sahi Daam

c. Pharma Right

d. Medicine Price

ANSWERS:

1. D     2. A     3. B     4. C     5. B

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