quiz

1. National Rural Drinking Water and Sanitation Awareness Week was launched on ___.

A. 15th Mar’15 

B. 16th Mar’15

C. 17th Mar’15

D. 18th Mar’15

E. 19th Mar’15

2. Name the Chief of International Monetary Fund who was on a recent visit to India?

A. Horst Kohler

B. Rodrigo De Rato

C. Dominique Strauss Kahn

D. Christine Lagarde

E. Jim Yong Kim

3. As per the Supreme Court’s recent order, which card is not compulsory to avail the subsidies associated with numerous govt. schemes?

A. Voter ID Card

B. Aadhar Card

C. Ration Card

D. PAN Card

E. None of the above

4. How many digits are there in IFSC Code?

A. 10

B. 9

C. 12

D. 13

E. 11

5. World Consumer Rights Day was observed on ____.

A. 15th March

B. 16th March

C. 17th March

D. 18th March

E. 14th March

6. As per the latest data on international arms transfer released by Stockholm International Peace Research Institute (SIPRI) which country becomes the world’s largest arms importer?

A. India

B. China

C. Saudi Arabia

D. Pakistan

E. Japan

7. Name the women cab service launched by New Delhi Municipal Council?

A. Mahila Cab Service

B. Shakti

C. Naari Shakti

D. Mahila  Shakti

E. None of these

8. What is the full form of NIM?

A. Net Interest Margin

B. Net Involvement Margin

C. Net Involution Margin

D. National Income Margin

E. None of These

9. What is the full form of MTSS?

A. Money Transfer Service Scheme

B. Medium Transfer Service Scheme

C. Moderate Transfer Service Scheme

D. Money Transfer Service Strategy

E. Minimum Transfer Service Scheme

10. Winner of Ranji Trophy-2015 is __? 

A. Maharashtra 

B. Tamil Nadu 

C. Karnataka 

D. Andhra Pradesh

E.  Kerala

11. In which country, Indian Prime Minister has inaugurated the first of the eight Coastal Surveillance Radar Systems (CSRS) being set up by India? 

A. Seychelles 

B. Mauritius 

C. Sri Lanka 

D. Maldives 

E. Myanmar

12. Which state has launched the "Momai Tamuli Barbaruah Krishak Bondhu Scheme" to increase agricultural production in state in March this year?

A. West Bengal

B. Odisha

C. Arunachal Pradesh

D. Assam

E. Rajasthan

13. Who has been appointed as the Brand Ambassador for the North East?

A. Baichung Bhutia

B. Ranbir Kapoor

C. Priyanka Chopra

D. Meiyang Chang

E. Mary Kom

14. In which city the statue of Mahatma Gandhi made by British sculptor Philip Jackson was unveiled by Finance Minister Arun Jaitley in March this year?

A. New York

B. Berlin

C. London

D. Paris

E. Rome

15. Name the person known as Noted Gandhian and son of Mahatma Gandhi's personal secretary who passed away recently?

A. Mahadev Desai

B. Narayan Desai

C. Mohan Desai

D. Mayank Gandhi

E. None of These

ANSWERS
1	B	11	A
2	D	12	D
3	B	13	E
4	E	14	C
5	A	15	B
6	A
7	B
8	A
9	A
10	C

PUNSUP SENIOR ASSISTANT ACCOUNTS PREVIOUS EXAM

http://punsup.gov.in/downloads/code-8.pdf

BANKING AWARENESS

1. Which of the following is a third party product often sold by banks?

(a) Gift cheques

(b) Credit cards

(c) Debit cards

(d) Mutual funds

(e) All of the above

2. The co-operative bank is governed by the banking regulation Act 1949 and co-operative societies Act of

(a) 1962

(b) 1963

(c) 1960

(d) 1969

(e) 1965

3. A scheduled bank must be

(a) A corporative or company incorporated by any law in force in any place in India

(b) An institution notified by GOI

(c) A company as defined by companies act, 2013

(d) All of the above

(e) None of these

4. Kapoor committee, 1999 is related to ____.

(a) Micro-finance

(b) Restructuring of RRBs

(c) Capital Account convertibility

(d) Co-operative Banking Reforms

(e) None of these

5. Which of the following institution is meant for small and medium enterprises?

(a) RBI

(b) NABARD

(c) IFCI

(d) SIDBI

(e) None of these

6. Under the second phase of nationalization, 07 banks were nationalized. Their deposits were over ________ crore.

(a) 2

(b) 20

(c) 200

(d) 100

(e) None of these

7. The tag line ‘A friend you can bank on’ is of which bank?

(a) Bank of Baroda

(b) Bank of Maharashtra

(c) Vijaya Bank

(d) UCO Bank

(e) None of these

8. Who is having the major stakes in NABARD?

(a) RBI

(b) Central Government

(c) SBI

(d) Ministry of Finance

(e) None of these

9. Expand REDP. It is an initiative by NABARD.

(a) Rural Employment Development Programme

(b) Rural Entrepreneurship Development Programme

(c) Rural Employment Development Planning

(d) Rural entrepreneurship Development Planning

(e) None of these

10. When was SEBI established?

(a) 1990

(b) 1991

(c) 1992

(d) 1984

(e) None of these

11. ‘Unilateral transfers such as donations by Government of India come under which part of Balance of Payment (BOP)?

(a) Current account

(b) Capital account

(c) Financial account

(d) Current and capital account both

(e) None of these

12. Gilt-edged securities market is the market for government and semi-government securities. These securities carry –

(a) Floating interest rate

(b) Fixed interest rate

(c) Fixed as well as floating interest rate

(d) No interest rate at all

(e) None of these

13. Expand AEPS in terms of banking.

(a) Aadhaar-enabled Payment Service

(b) Aadhaar-enabled Payment system

(c) Automated engineered payment service

(d) Aadhaar-enabled promotion scheme

(e) None of these

14. Who provides refinance facilities to RRBs?

(a) SIDBI

(b) RBI

(c) Government of India

(d) NABARD

(e) None of these

15. Expand DRI related to a scheme meant for weaker section of our country.

(a) Different rate of interest

(b) Differential rate of interest

(c) Different ration for Indians

(d) Different rate of interest-bond

(e) None of these

ANSWERS
1	d	11	a
2	e	12	b
3	d	13	b
4	d	14	d
5	d	15	b
6	c
7	c
8	b
9	b
10	c

GK FILE FOR NICL AO AND ASSISTANT EXAM

http://careerpower.in/wp-content/uploads/2015/03/GK_Power_Capsule_NICL_AO_Assistant_2015.pdf

QUIZ ON UNION BUDGET 2015

Quiz on Union Budget

1. In the Union Budget, rate of Service Tax was hiked from 12% to ____.

(1) 13%

(2) 14%

(3) 15%

(4) 14.5%

(5) NOTA

2. In the Union Budget 2015-16, Fiscal deficit seen at how much per cent of GDP in 2015/16?

(1) 3.9 %

(2) 4.1 %

(3) 4.5%

(4) 5%

(5) NOTA

3. How much amount has been allocated to the Rural Infrastructure Development Bank in the Union Budget 2015-16?

(1) Rs. 5,300 crore

(2) Rs.35,700 crore

(3) Rs. 25,00 crore

(4) Rs. 70,000 crore

(5) Rs. 46,200 crore

4. According to the Union Budget, two new IIM will be opened in which of the following states?

(1) Jammu & Kashmir and Punjab

(2) Andhra Pradesh and Himachal Pradesh

(3) Assam and Andhra Pradesh

(4) Jammu & Kashmir and Andhra Pradesh 

(5) NOTA

5. According to the Union Budget 2015-16, Non-Banking Financial Companies (NBFCs) registered with Reserve Bank of India (RBI) above _______ will be now considered as financial institutions?

(1) Rs. 10,000 crore

(2) Rs. 5,000 crore

(3) Rs. 2000 crore

(4) Rs. 1000 crore

(5) Rs. 500 crore

6. How much amount has been allocated for Rural Employment Guarantee Scheme in the Union Budget 2015-16?

 (1) 448.70 billion rupees

(2) 552.12 billion rupees

(3) 346.99 billion rupees

(4) 213.57 billion rupees

(5) 129.99 billion rupees

7. How much amount has been allocated to Defence sector in the Union Budget 2015-16?

(1) Rs. 2,46,726 crore

(2) Rs. 4,35,627 crore

(3) Rs. 3,25,925 crore

(4) Rs. 5,16,636 crore

(5) NOTA

8. According to the Union Budget, how much per cent of Revenue Deficit to be seen in 2015-16?

(1) 3.1%

(2) 2.8%

(3) 2.75%

(4) 1.3%

(5) NOTA

9. According to the Union Budget 2015-16, how much per cent, rate of corporate tax will be reduced over next four years?

(1) 35%

(2) 30%

(3) 25%

(4) 20%

(5) 15%

10. According to the Union Budget 2015-16, now details of PAN has to mentioned compulsory for transactions for more than _____.

(1) Rs. 1 lakh

(2) Rs. 2 lakh

(3) Rs. 50,000

(4) Rs. 60,000

(5) NOTA

11. In the Union Budget 2015-16, increase in the limit of health insurance premium from current Rs 15,000 to ____.

(1) Rs. 20,000

(2) Rs. 25,000

(3) Rs. 35,000

(4) Rs. 30,000

(5) Rs. 18,000

12. How much amount has been allocated for micro-irrigation watershed projects in the Union Budget 2015-16?

(1) Rs. 4,500 Crore

(2) Rs. 3,300 Crore

(3) Rs. 5,300 Crore

(4) Rs. 6,200 Crore

(5) Rs. 2,700 Crore

13. How much amount has been allocated to Infrastructure sector in the Union Budget 2015-16?

(1) Rs. 1 Lakh crore

(2) Rs. 80,000 crore

(3) Rs 50,000 crore

(4) Rs. 70,000 crore

(5) NOTA

14. According to the Union Budget 2015-16, Visa on arrival for how many countries?

(1) 100

(2) 150

(3) 200

(4) 50

(5) 75

15. According to the Union Budget, Centre of film production, animation and gaming to come up in _____.

(1) Maharashtra

(2) Uttar Pradesh

(3) Kerala

(4) AP

(5) New Delhi

Answers:
1 (2)
2 (1)  
3 (3)
4 (4)  
5 (2)
6 (3)  
7 (1)  
8 (2)
9 (3)  
10 (1)
11 (2)
12 (3)
13 (4)
14 (2)
15 (4)

BANKING AWARENESS QUIZ

1.Who works as RBI's agent at places where it has no office of its own?
1. State Bank of India
2. Ministry of Finance
3. Government of India
4. International Monetary Fund
5. Ministry of commerce and Trade


2. Which of the following is true about the functions performed by RBI - 
(i) It is the Bank of Issue
(ii) It acts as banker to the Government
(iii) It is the banker of other banks
(iv) It regulates the flow of credit
1. Both (i) and (ii)
2. Both (iii) and (iv)
3. All the Above
4. None of the above
5. Both (i) and (iii)

3. Which among the following is incorrect?
1. RBI is the Bank of Issue
2. RBI acts as Banker to the Government
3. RBI is Banker's Bank
4. RBI does not regulate the flow of credit--
5. None of these

4. India is a member of the International Monetary Fund since _____.
1. 1934
2. 1935
3. 1947
4. 1949
5. 1953

5. Which of the following is true about the restrictions on RBI?
(i) It is not to compete with the commercial banks. 
(ii) It is not allowed to pay interest on its deposits. 
(iii) It cannot engage directly or indirectly in trade. 
(iv) It cannot acquire or advice loans against immovable property. 
(v) It is prohibited from purchasing its own shares or the shares of any other bank or any company or granting loans on such security.
1. only (i),(ii),(iii), and (iv)
2. only (v)
3. all the above
4. none of the above
5. both (ii) and (iii)

6. When did the Reserve Bank of India notify the draft regulations relating to the Credit Information Companies (Regulation) Act, 2005?
1. April 5, 2006
2. May 26, 2006
3. June 29, 2007
4. September 30, 2005
5. October 30, 2002

7. When did the draft guidelines for building grievance redressal mechanism within NBFCs (Non-Banking Financial Companies) publish?
1. April 5, 2006
2. May 26, 2006
3. June 29, 2007
4. September 30, 2005
5. June 25, 2002

8. When did the Centre acquire the Reserve Bank of India's entire 59.73% equity stake in the State Bank of India (SBI) at over Rs. 35,531 crore in New Delhi?
1. April 5, 2006
2. May 26, 2006
3. June 29, 2007
4. September 30, 2005
5. June 02, 2000

9. According to which guidelines did the Government pick up the entire SBI shares held by the RBI?
1. National Stock Exchange of India
2. Securities Commission
3. Financial Regulations
4. Securities and Exchange Board of India (SEBI)
5. IRDAI

10. The performance of which scheme does the National Housing Bank monitor?
1. Liberalized Finance Scheme
2. Golden Jubilee Rural Housing Finance Scheme
3. Energy Efficient Housing Finance Scheme
4. Finance scheme for indirect loans
5. None of above

11. When did the National Bank of Agriculture and Rural Development establish?
1. July, 1982
2. July, 1969
3. June, 1951
4. June, 1961
5. June, 1955

12. When did the government acquire RBI's shareholding (72.5%) in NABARD?
1. May, 2008
2. June, 2008
3. August, 2008
4. March, 2009
5. July, 2007

13. The duration of fund raising from the commercial banks to the extent of RIDFs shortfall in agricultural lending is _________.
1. daily
2. weekly
3. monthly
4. yearly
5. Quarterly

14. When did the Government of India set up the Export-Import Bank of India?
1. January, 1982
2. January, 1993
3. March, 1971
4. June, 1969
5. March 1976

15. The main objectives of the Export-Import Bank (EXIM Bank) are:
(i) to ensure an integrated and coordinated approach to solving the problems of exporters
(ii) to provide special attention to capital goods export and export of technical services
(iii) to tap domestic and overseas markets for resources, undertake development and finance activities in the areas of exports.
(iv) to provide financial assistance to the exporters and importers and act as the principal financial institution for coordinating the working of other institutions engaged in financing exports and imports.
(v) to provide refinance facilities to commercial banks and financial institutions against their export-import financing activities

1. both (i) and (ii)
2. only (iii), (iv), and (v)
3. All the above
4. None of the above
5. Both (ii) and (iv)

16. Which movement encouraged the formation of commercial banks?
1. Swadeshi movement
2. Quit India Movement
3. Non Cooperation Movement
4. Civil Disobedience Movement
5. None of these


17. When did the Government of India appoint a committee under the chairmanship of Shri M.Narasimham to strengthen the banking system?
1. May, 2006
2. April, 1998
3. December, 1997
4. September, 2005
5. March, 2002

18. Which is the largest commercial bank of the country?
1. Bank of India
2. Canara Bank
3. State Bank of India
4. Union Bank of India
5. Bank of Baroda

19. When did the National Housing Bank start its operations?
1. July, 1982
2. July, 1988
3. April, 1980
4.  March, 1971
5. April, 1992

20. The RBI sanctioned the amalgamation of the Centurion Bank with the HDFC Bank on ______.
1. May 23, 2008
2. August 13, 2008
3. June 30, 2009
4. March 31, 2009
5. April 12, 20008

Answers
1.A
2.C
3. D
4.C
5. C
6. A
7. B
8. C
9. D
10. B
11. A
12. B
13. D
14. A
15.C
16.A
17. C
18. A
19. B
20. B