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1) How many AIIMS will be set up in order to cater the increasingly growing demands for more doctors across the country? a. 10 b. 8 c. 6 d. 2
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2) Under which scheme, Union Govt. proposed to set-up an IT based student financial aid system to ensure that no student misses out on higher education due to lack of fund? a. Pradhan Mantri Vidya Laxmi Scheme b. Vidya Kanya Laxmi Scheme c. Suknya Vidyadhan Yojana d. Sukanya Vidya Laxmi Scheme
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3) From which year, the Goods and Service Tax will be rolled out in India? a. 2014 b. 2015 c. 2016 d. 2017
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4) How many years deferment for General Anti-Avoidance Rules (GAAR) was announced in the Budget 2015-16? a. 1 year b. 2 year c. 3 year d. 4 year
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5) The new privately-owned domestic banks that started functioning with the approval of the RBI as per the issue of guidelines in January 1993 include:
(i) UTI Bank Ltd. (ii) IndusInd Bank Ltd. (iii) ICICI Bank Ltd. (iv) Global Trust Bank Ltd. (v) HDFC Ltd. (vi) Centurion Bank Ltd. (Since amalgamated with HDFC Bank in 2008) (vii) Bank of Punjab Ltd. (viii) Times Bank Ltd. (ix) IDBI Bank Ltd. (x) Development Credit Bank Ltd. a. Both (i) and (viii) b. Only (ii), (iii), (iv), (v), (vi), (vii), (ix), and (x) c. None of the above d. All the above
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6) When was the General Insurance Corporation of India incorporated? a. 1971 b. 1972 c. 1973 d. 1993
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7) Under whose chairmanship did RBI constitute a Working Group for making balance of payments manual? a. Anand Sinha b. Deepak Mohanty c. Harun Rashid Khan d. Kamalesh Chandra Chakrabarty
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8) Which one of the following is the special drawing right given by the International Monetary Fund to its member countries? a. Cold money b. Hot money c. Paper gold d. None of these
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9) In pursuance of which one of the following was the General Insurance Corporation of India formed? a. General Insurance Business (Nationalisation) Act, 1972 b. Insurance Act, 1938 c. Insurance Amendment Act, 2002 d. IRDA Act 1999
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10) If a cheque is dishonoured it is called ____________ . a. Settlement of the cheque b. Withdrawing of the cheque c. Nullifying of the cheque d. Return of the cheque unpaid
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11) What does RBI regulate through Open Market Operation Transactions? a. Flow of Foreign Direct Investment b. Borrowing powers of the banks c. Inflation d. Liquidity in economy
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12) What is the full form of EFT? a. Electronic Funds Transfer b. Efficient Funds Transfer c. Effective Funds Transfer d. Electronic Foreign Transfer
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13) Which of the following organisations has been set up to facilitate connectivity between the Bank's switches and their ATMs, and inter bank payment gateway for authentication and routing the payment details of various e-commerce transactions? a. IBA b. IDRBT c. IRDA d. SIDBI
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14) Which of the following is known as 'the real return to the investor getting reduced due to sudden rise in the prices of the commodities'? a. Cost risk b. Demand risk c. Market risk d. Systemic risk
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15) In which type of banking, electronic financial transactions are done? a. E-Banking b. POS Banking c. M-Banking d. Universal Banking
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16) Which one of the following allow bank customers to effect transfers of funds from their deposit accounts and other financial transactions at retail establishments? a. CBS b. DBS c. IBS d. POS
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17) Who was the first governor of RBI? a. James Braid Taylor b. Mihir Sen c. Nagendra Singh d. Osborne Smith
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18) Which was the first bank to introduce Internet banking? a. Canara Bank b. ICICI Bank c. Punjab National Bank d. State Bank of India
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19) What is the full form of FCCB? a. Foreign Currency Convertible Bond b. Foreign Currency Convertible Bank c. Foreign Currency Convertible Board d. Foreign Convertible Currency Board
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20) Which one of the following belongs to Bank Capitalization? a. Basel II norms b. Basel III norms c. Basel I norms d. Solvency II norms
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