BANKING QUIZ -33 FOR IBPS-PO &CLERK EXAM

BANKING QUIZ -33 FOR IBPS-PO &CLERK EXAM

1. Which Act was framed specially to monitor the Non-Performing Assets (NPA)?

1.   Banking Regulation Act 1949

2.   Foreign Exchange Management Act (FEMA) 1999

3.   Industrial Disputes Act 1947

4.   NPA Act, 2000

5.  SARFAESI Act, 2002

2. If any company which is a financial institution carrying on as its principal business the acquisition of securities is called as_______.

1.   Investment Company (IC)

2.   Loan Company (LC)

3.   Infrastructure Finance Company (IFC)

4.   Asset Finance Company (AFC)

5.   None of these

3. Which of the following is the largest network of shared automated teller machines (ATMs) in India?

1.   Immediate Payment Service(IMPS)

2.   National Financial Switch (NFS)

3.   Cheque Truncation System(CTS)

4.   Aadhar Enabled Payment System (AEPS)

5.   None of these

4. Name the bank, which partnered with UltraCash Technologies to launch payments processing through sound waves?

1) HDFC Bank                  

2) ICICI Bank

3) Yes Bank                                               

4) Axis Bank

5. Which of the following international organization has lead the race to buy stake in government controlled IDBI bank?

1.   Asian Development Bank

2.   Commonwealth Development Corporation

3.  GIC of Singapore

4.   International Finance Corporation

5.   None of these

6. Who was the first Governor of RBI?

1) Osborne Smith

2) James Braid Taylor

3) C.D.Deshmukh

4) Raghuram Rajan

7. Bank of Rajasthan was merged with which private sector bank?

1) HDFC Bank

2) Axis Bank

3) ICICI Bank

4) Kotak Mahindra Bank

8. Which bank are Public Sector Banks of India?

1) 50 % stake held by government

2) More than 50 % stake held by government

3) Less than 50 % stake held by government

4) None of the above

9. “Marginal cost of fund based lending rate system (MCLR)” has been replaced which of the following system?

1. LIBOR

2. MIBOR

3. SLR

4. Base rate system

10. When a country decides to conduct trade on favorable terms with another country for mutual benefits, this is called?

(1) FTA System

(2) Bilateral Trade

(3) MFN Status

(4) Counter Trade

ANSWER KEY

1.5, 2.5, 3.2, 4.3, 5.4, 6.1, 7.3, 8.2, 9.4, 10.3,

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BANKING QUIZ -32 FOR IBPS-PO &CLERK EXAM

BANKING QUIZ -32 FOR IBPS-PO &CLERK EXAM

1. Which one of the following stock exchanges will get its own postage stamp?

A) MCX Stock Exchange

B) National Stock Exchange of India Ltd

C) Bombay Stock Exchange (BSE)

D) Bangalore Stock Exchange

2. Name the bank which has launched India’s first start-up focused bank branch?

A) State Bank of India                

B) Canara Bank

C) Punjab National Bank

D) Bank of Baroda

3. The headquarters of the International Centre for Trade and Sustainable Development (ICTSD) are located at ________________.

A) Paris                               

B) Geneva

C) New York                                  

D) London

4. Which public sector bank has launched specialized branch for Start-ups called “InCube” in Bengaluru?

A) BOB                                

B) HDFC      

C) ICICI                                

D) SBI

5. Name the bank, which became the first private sector bank in India to cross Rs. 1 Lakh croremark in mortgage disbursals?

A) AXIS Bank        

B) HDFC Bank      

C) ICICI Bank                    

D) Kotak Mahindra Bank

6. Name the bank, which applied to become “Wholly Owned Subsidiary” of parent bank to expand its footprint in India?

A) DBS                                 

B) VTB         

C) CIMB                              

D) HSBC

7. Small Industries Development Bank of India (SIDBI), set up as a subsidiary of which bank?

A.   HDFC

B.   ICICI

C.   RBI

D.   SBI

E.   IDBI

8. The Indian Banks’ Association (IBA) is an association of Indian banks and financial institutions having headquarters located at_________.

A.  Chennai

B.  New Delhi

C.  Bengaluru

D.  Hyderabad

E.  Mumbai

9. A cheque which is truncated during the course of clearing cycle is called __________

A.   Stale Cheque

B.   Truncated Cheque

C.   Self Cheque

D.   Mutilated Cheque

E.   None of these

10. Which of the following companies has tied up with ICICI Lombard General Insurance to offer motor insurance to its customers?

A. Audi

B. Volkswagen

C. Ford

D. Porsche

E. BMW

ANSWER KEY

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

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REASONING QUIZ-56 FOR IBPS- PO & CLERK

REASONING QUIZ-56 FOR IBPS- PO & CLERK

Directions (1-5): Study the following information carefully and answer the questions given below:

Ten friends Ramesh, Kunal, Anisha, Rajesh, Khushi, Sonu, Piosha, Ahmed, Hansika and Anshul are sitting in two rows with five persons in each row. The persons in row one are facing south and the persons in row two are facing north. Each person in row one faces a person from the other row. All of them like a different dish, such as Burger, Pizza, Kulcha, Aloo Tikki, Pastry, French fries, Muffins, cold drinks, Pasta and momos, but not necessarily in the same order.

a) The persons who like Pastry and french fries sit opposite each other.

b) Sonu sits opposite Ramesh, who likes Burger. The one who likes Pizza sits opposite the one who likes Cold drinks.

c) Anshul is not facing north but sits third to the left of Piosha, who likes Pizza.

d) There is only one person between Kunal and Anisha. Khushi sits at one of the ends of the row and likes French fries.

e) The one who likes cold drinks is on the immediate right of Rajesh, who does not like momos. The persons who like Kulcha and Aloo Tikki respectively are not facing north. Anisha likes Muffins.

f) The one who likes Aloo Tikki sits opposite the one who is second to the right of Kunal.

g) Hansika does not like momos. Khushi sits opposite the one who sits second to the left of the one who likes Kulcha.

1.  Name the person who likes Aloo Tikki?

a. Rajesh

b. Ramesh

c. Hansika

d. Kunal

e. Ahmed

2.  Which of the following are sitting 2^nd right of a person who likes pastry?

a. Piosha

b. Sonu

c. Rajesh

d. Ahmed

e. Hansika

3. Choose the correct option, which do not belong to following group?

a. Pasta

b. Pastry

c. Burger

d. Ahmed

e. Khushi

4. Who is sitting 3^rd right of a person who is facing Piosha?

a. A person who likes cold drinks

b. A person who likes aloo tikki

c. A person who likes pasta

d. A person who likes French fries

e. A person who likes muffins

5. Which of the following are facing north direction?

a. Ahmed, Kunal

b. Hansika, Khushi

c. Anisha, Piosha

d. Anshul, sonu

e. Anisha, Ramesh

Directions (6-10): Study the following information carefully and answer the questions given below:

Eight friends – Aman, Ravi, Vikas, Disha, Varun, Ritika, Rupali and Alka – are sitting around a circular table facing the centre but not necessarily in the same order. Each of them likes a different cricketers – Kohli, Bhajji, Sachin, Kumble, Rohit sharma, Afridi, Wasim akram and Gavaskar.

There are two persons between those two persons who like Kohli and Bhajji and neither of them sits opposite Aman. Vikas and Rupali are immediate neighbours and neither of them likes Gavaskar or Bhajji.Aman, who likes Wasim akram, sits second to the right of the person who likes Gavaskar. Ravi and Varun neither like Gavaskar nor sit adjacent to Aman. Varun, who likes Bhajji, sits second to the left of Rupali, who likes Kumble. Vikas does not like Kohli.

The immediate neighbour of Varun faces Vikas, who sits third to the left of the one who likes Wasim akram. Ritika does not like Gavaskar. Both Disha and Alka do not like Kohli and Sachin. Ravi likes Afridi while Disha likes Rohit sharma. Ravi is not an immediate neighbour of Aman.

6. Who of the following is the favourite Cricketer of Alka?

a. Sachin

b. Gavaskar

c. Kohli

d. Kumble

e. None of these

7. Sachin is the favourite Cricketer of which of the following persons?

a. Aman

b. Ravi

c. Vikas

d. Disha

e. None of these

8. Who among the following sits exactly between Aman and Alka?

a. Ritika

b. Disha

c. Varun

d. Ravi

e. None of these

9. Which of the following statements is/are true about Ravi?

a. Ravi likes Rohit Sharma.

b. Ravi sits immediate neighbour of one who likes Sachin.

c. Ravi sits between Varun and Disha.

d. Ravi is immediate left of Rupali.

e. None of these

10.  Four of the following five are alike in a certain way based on the given arrangement and thus form a group. Which of the following does not belong to that group?

a. Aman – Wasim akram

b. Ritika – Kohli

c. Varun – Bhajji

d. Disha – Sachin

e. Alka – Gavaskar

ANSWER KEY

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

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REASONING QUIZ-55 FOR IBPS- PO & CLERK

REASONING QUIZ-55 FOR IBPS- PO & CLERK

Direction (1-5): Study the following information carefully and answer the given questions

There are seven persons– Sukhwinder Singh, Arijit singh, Peehu Chauhan, Atif aslam, Sukhwinder  Kaur, Peehu Vasant and Hard Kaur–who participated in a singing competition which started on 25th August and ended on 31st August. In the first round of the competition, each of them performed regional songs — Tamil, Gujrati, Hindi, Urdu, Sanskrit, Assamese and Telgu, but not necessarily in the same order. They like different colours — Magenta, Golden, Orange, Indigo, Blue, Violet and Grey, but not necessarily in the same order.
Hard Kaur, who likes Violet, performed on the fourth day of the competition but performed neither Tamil nor Gujrati song. Two performances were held between the performance of Hard Kaur and Peehu Vasant, neither of whom performed on the 1st day of the week. There was one performance between the performance of Atif aslam and Peehu Chauhan. But Peehu Chauhan’s performance did not happen on 1st and on 3rd day of the competition. Peehu Chauhan likes Golden colour and performed Tamil song. The one who performed Hindi song on the last day of competition, likes Orange colour. Arijit singh did not perform on the day either immediately before or immediately after the performance of Atif aslam, who does not like either Blue or Magenta or Indigo colour. Sukhwinder Kaur performed immediately after Peehu Chauhan and she likes Magenta colour. Sukhwinder Singh does not like Blue colour and performed a Urdu song. Atif aslam did not perform either Telgu or Assamese song. The one who performed in Sanskrit was scheduled immediately after the performance of the Tamil singer. The person who likes grey color does not sing song in assamese.

1.If ‘Hard Kaur’ is related to ‘Golden’, ‘Sukhwinder  Kaur’ is related to ‘Orange’, then which of the following is ‘Atif aslam’ related to?

1.   Blue

2.   Violet

3.   Indigo

4.   Grey

5.   None of these

2. Which of the following combinations is true?

1.   Sukhwinder Singh ’s performance was held on the fifth day of the week.

2.   Sukhwinder  Kaur likes Violet colour.

3.   Atif aslam sings Tamil song.

4.   Sukhwinder  Kaur’s performance was scheduled before Peehu Chauhan but after Peehu Vasant.

5.   None of these

3. Which of the following combinations is definitely false regarding their schedule?

1.   Peehu Chauhan -Golden-Tamil

2.   Atif aslam-Grey-Gujrati

3.   Sukhwinder  Singh -Indigo-Urdu

4.   Hard Kaur -Violet-Hindi

5.   None of these

4. Who among the following performed on the day before the performance of Arijit singh?

1.   The person who performed Hindi song

2.   The person who likes Indigo colour

3.   The person who likes Golden colour

4.   The person who likes Magenta colour

5.   None of these

5. With which of the following persons 1^st round of singing competition start?

1. Arijit Singh

2. Atif Aslam

3. Hard Kaur

4. Peehu Chauhan

5. Peehu vasant

6. Milind said, pointing to Sahil “He is son of my granfather’s daughter’”.How is Milind related to Sahil?

1. Grandfather

2. Cousin

3. Uncle

4. Brother

5. None of these

Direction (7-8): Study the following information carefully and answer the given questions

A-N means A is Sister of N

A*N means A is Father of N

A&N means A is Son of N

A$N means A is Mother of N

7. What will come in the place of “?”. If P is grandson of Q is to be true in the given expression Q $ T * P?S.

1.-

2. &

3. $

4.*

5. None of these

8. In which of the following pairs is the first person is the daughter of the second person with regard to the expression “F * G & I - J & H”?

1. G, J

2. F, H

3. H, G

4. I, H

5. None of these

9. In a class of 90, where girls are twice that of boys ,Sriram ranked fourteenth from the top ,if there are 10 girls ahead of Sriram ,how many boys are after him in rank?

1.23

2.26

3.25

4.22

5. None of these

10. Sudesh is 6 ranks ahead of Subash who ranks sixteenth in a class of 42.What is Sudesh’s rank from the last?

1.33

2.32

3.31

4.30

5. None of these

ANSWER KEY

1.2, 2.5, 3.4, 4.5, 5.1, 6.2, 7.2, 8.4, 9.2, 10.1,

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DAILY CURRENT AFFAIRS: 6 AUG 2016

DAILY CURRENT AFFAIRS: 6 AUG 2016

(Daily News India)

Shared By: WWW.DailyGk.IN

1. NITA AMBANI BECOMES FIRST INDIAN WOMAN MEMBER OF IOC

i. Nita Ambani was elected as an individual member of International Olympic Committee .

ii. She becomes the first Indian woman to join the prestigious body which governs Olympic sports in the world.

iii. Nita Ambani is only current active individual member of the IOC from India and shall serve at the high-profile world body until she attains the age of 70.

iv. The IOC is the supreme authority of the Olympic Movement headquartered at Lausanne, Switzerland.

2. RAJYA SABHA PASSES THE CONSTITUTION (122ND AMENDMENT) (GST) BILL, 2014

i. The Rajya Sabha has unanimously passed The Constitution (122nd Amendment) (GST) Bill, 2014 to introduce the goods and services tax .

ii. India took giant step in structural indirect taxation reform and paved way for the concept of one nation, one tax.

iii. Earlier the Bill was passed in Lok Sabha in May 2015.

iv. GST is single indirect tax for the whole nation, which will make India one unified common market.

v. It is a single tax on the supply of goods and services, right from the manufacturer to the consumer.

vi. Indirect taxes will include Central Excise Duty,  Additional Excise Duty,  Service Tax,  Additional Customs Duty , Special Additional Duty of Customs.

vii. At the State level it will iclude State Value Added Tax or Sales Tax,  Octroi and Entry tax,) Purchase Tax,  Luxury tax, and Taxes on lottery, betting and gambling  Entertainment Tax , Central Sales Tax

viii. Additional 1% tax on inter-State trade and it will be levied by Centre in the course of inter-State trade.

3. ESIGNDESK FACILITY AADHAR-LINKED ESIGNATURE FACILITY LAUNCHED

i. Aadhar-linked eSignature facility named as eSignDesk was launched for the online legal documentation business.

ii. Esigndesk based on Aadhaar platform it is actually an initiative of the Union Government aimed at allowing all citizens (with Aadhaar) to remotely sign any document.

 iii. The users of this facility need to have a registered mobile number associated with the Aadhaar card.

4. SAARC IMMIGRATION AUTHORITIES MEETING HELD IN ISLAMABAD

i. The seventh meeting of South Asian Association for Regional Cooperation  Immigration Authorities was held in Islamabad, Pakistan.

ii. The meeting was chaired by Usman A. Bajwa, Pakistan’s Director General Immigration and Passports, .

iii. The meeting aimed at formulating recommendations to be presented in the meetings of Home Secretaries and Interior Ministers meetings.

a.       Mian  highlights of the meeting

b.      reviewed different areas to maximize the potential of visa exemption scheme launched among the member countries in 1992.

c.       development of security software for SAARC Visa Exemption Scheme (SVES) and immigration matters.

d.      It will have a central database that will provide all member states with real-time and secure information.

5. VINOD RAI STEPS DOWN FROM IDFC BANK’S BOARD

i. Former Comptroller and Auditor General of India Vinod Rai  stepped down from private sector lender IDFC Bank’s board.

ii. He will continue to be the non-executive independent chairman of IDFC Ltd.

iii. The decision was taken to avoid conflict of interest as Rai is also the chairman of Bank Board Bureau

iv. Vinod Rai was the 11th Comptroller and Auditor General of India.

CURRENT AFFAIRS GK QUIZ BASED ON TODAY’S NEWS

1.  NAME THE 1^ST INDIAN WOMAN WHO HAS RECENTLY ELECTED AS A MEMBER OF INTERNATIONAL OLYMPIC COMMITTEE?

a. Nita Ambani

b. Shila Ambani

c. NAmita Ambani

d. Hema Ambani

2. WHO IS THE PRESIDENT OF INTERNATIONAL OLYMPIC COMMITTEE?

a. Avery Brundage

b. Sigfrid Edstrom

c. Thomas Bacch

d. None of these

3. HOW MANY MEMBERS ARE THERE IN RAJAYA SABHA ACCORDING TO INDIAN CONSTITUTION?

a. 238

b. 250

c. 249

d. 240

4. NAME THE CEO OF UIDAI?

a. Vikas Sinha

b. Narendra Modi

c. Nandan Nilekani

d. Ajay Bhusan Pandey

5. WHERE ARE THE HEADQUARTERS OF IDFC LOCATED AT?

a. Mumbai

b. Chennai

c. New Delhi

d. Bangalore

ANSWERS:

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

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