GK Quiz

1. Which associate bank of the State Bank of India (SBI) has launched a core banking solution-linked service for subscribers of the New Pension Scheme of the government, which would make it easier for subscribers to make contributions as it can be linked to bank accounts online?
(1) State Bank of Bikaner & Jaipur            (2) State Bank of Hyderabad
(3) State Bank of Mysore                           (4) State Bank of Patiala
(5) State Bank of Travancore2. Money lent for one day is called:
(1)Call money (2)Notice money (3)Term money   (4)All of these (5)None of these

3.  According the recent World Trade Organisation (WTO) report, which country has topped the list of countries in exports growth rate, with the record export growth rate of 16.1 per cent in 2011?
(1) China (2) India (3) Brazil (4) Mexico (5) South Africa

4. When the Reserve Bank of India (RBI) announces an increase of the Cash Reserve Ratio (CRR), what does it mean?
(1) The commercial banks will have less money to lend
(2) The Reserve Bank of India will have less money to lend
(3) The Union government will have less money to lend
(4) The commercial banks will have more money to lend
(5) None of these

5. The first public sector bank to issue capital to public is:
(1) Corporation Bank          (2) Indian Overseas Bank      

(3) Oriental Bank of Commerce    (4) Punjab National Bank   (5) None of these

6. Recently in which state fierce riots broke out between Bodo tribes and ethnic minorities in which scores of people were killed and lakhs rendered homeless?
(1) West Bengal (2) Assam (3) Manipur (4) Nagaland (5) Tripura

7. Who is heading the committee set up by the Prime Minister Manmohan Singh to address the issue of pay and allowances anomalies among the armed forces of the country?
(1) Bikram Singh        (2) Jasjit Singh     (3) C Uday Bhaskar    (4) NAK Browne        (5) Ajit Seth

8. RBI recently allowed Regional Rural Banks to open branches in which type of cities without RBI's permission.
(1) Tier 1          (2) Tier 2          (3) Tier 3         (4) All of these          (5) None of these

9. Where is the 33rd General Assembly of the ASEAN Inter-Parliamentary Assembly (AIPA) is scheduled to be held in September, in which India has been invited as an observer?
(1) Bangkok, Thailand   (2) Bogor, Indonesia   (3) Lombok, Indonesia  (4) Singapore (5) Nom Penh, Cambodia

10. Commercial Papers are short-term security issued by_____to raise funds.
(1) Reserve Bank of India         (2) Commercial Banks      

(3) Large and well-known companies
(4) National Stock Exchange (5) State and local governments

ANSWERS: 

1. (2)    2. (1)      3. (2)      4. (1)    5. (3)    6. (2)     7. (5)    8. (2)    9. (3)   10. (3)