Expected Questions From Banking Awareness

1. “Diet” is a joint session of the Parliament of which nation?

(1) Germany  

(2) Japan

(3) Vietnam  

(4) China

(5) Bangladesh

2. Newly elected Chairman of PFRDA (Pension Fund Regulatory and Development Authority) is?

(1) R.K. Singh  

(2) Hemant Contractor

(3) KV Choudhry  

(4) Ravi Verma

(5) None of these

3. Consider the following:

(A) Primary Sector  

(B) Secondary Sector

(C)Tertiary Sector

Which among the following is the correct increasing order of contribution of the above three sectors in India’s GDP?

(1) A, B, C   

(2) B, A, C

(3) C, B, A   

(4) B, C, A

(5) C, A, B

4. Which is not correct with respect to Goods and Service Tax in India?

(1) Exports will be zero rated

(2) Imports will be zero rated

(3) It will be on the basis of tax on value addition

(4) Tax revenues shared between the centre and the state

(5) None of these

5. ‘National Science Day’ is celebrated on –

(1) 24th January  

(2) 28th February

(3) 26th March  

(4) 22nd June

(5) None of these

6. RBI was nationalized in the year?

(1) 1917   

(2) 1935

(3) 1939   

(4) 1949

(5) None of these

7. World Bank was established in the year?

(1) 1917   

(2) 1927

(3) 1935   

(4) 1944

(5) 1954

8. “Romancing with Life” is the autobiography of which among the following bollywood legends?

(1) Shashi Kapoor  

(2) Shammi Kapoor

(3) Dev Anand  

(4) Rajesh Khanna

(5) None of these

9. Which among the following neighbors of India is not a member of World Trade Organization?

(1) Sri Lanka  

(2) Myanmar

(3) Bhutan   

(4) Nepal

(5) Bangladesh

10. In India, National Voter’s Day is celebrated on-

(1) December 25  

(2) January 25

(3) February 25  

(4) March 25

(5) June 14

11. What does IFSC stands for-

(1) International Financial System Code

(2) Indian Financial System Code

(3) International Financial System coding

(4) Indian Financial System course

(5) Israel Financial Services Centre

12. The year 2014 has been declared by the United Nations as the ______.

(1) International Year of Learning

(2) International Year of Water Conservation

(3) International Year of Family Farming

(4) International Year of Clean Energy

(5) International Year of Anti Violence

13. Max money that can remitted to Nepal from any of the NEFT-enabled branches in India –

(1) Rs 50,000   

(2) Rs 10,000  

(3) Rs 20,000

(4) Rs 25,000   

(5) Rs 5000

14. Reserve Bank of India has grant banking license given to which micro-finance company ?

(1) Bandhan   

(2) IFDC  

(3) Muthoot Finance

(4) Tata Group   

(5) Birla Sun Life

Answers Key:

1. 2
2. 2
3. 1
4. 2
5. 2
6. 4
7. 4
8. 3
9. 3
10. 2
11. 2
12. 3
13. 1
14. 1