Banking Awareness MCQs for IBPS PO and Clerks Online Exams 2014 - Set 29

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1. "India's International Bank" is the tagline of which of the following banks ?
1. State Bank of India
2. Andhra Bank
3. Punjab National Bank
4. Bank of Baroda
5. None of these
2. ASBA (Application Supported by Blocked Amounts) used with the help of banks associated with ____________
1. Capital Market
2. Loans
3. World Bank Grants
4. Ponzi Schemes
5. None of these
3. RBI has capped the Ways and Means Advances (WMA) limit for the central government for the first half of the new financial year 2015 at ?

1. Rs. 25,000 cr
2. Rs. 30,000 cr
3. Rs. 35,000 cr
4. Rs. 40,000 cr
5. Rs. 45,000 cr
4. The Govt. of India has authorized the Reserve Bank of India (RBI) to issue debt instruments up to a ceiling of ____________ under the Market Stabilization Scheme (MSS) for the fiscal 2014-15 ?
1. Rs. 20,000 Cr
2. Rs. 30,000 Cr
3. Rs. 40,000 Cr
4. Rs. 70,000 Cr
5. Rs. 50,000 Cr
5. Over a decade after the state-run banks launched Kisan Credit Cards, which of the following private sector lenders introduced its own card "KIsan Card" through which a farmer can withdraw up to Rs. 1 lakh per day from Automated Teller Machines (ATMs) ?
1. HDFC
2. Indusland Bank
3. ICICI
4. Federal Bank
5. Axix Bank
6. Usually RBI will have 4 deputy governors. By 1st may there were only 3 Deputy Governors. They are H. R. Khan, Urjit Patel and ____________ ?
1. R. Gandhi
2. Aravind Mayaram
3. Usha Thorat
4. Syamala Gopinath
5. None of these
7. We often hear about the term KYC in financial news papers. Which of the following documents will be accepted by banks as proof of your correct residential address ?
1. Telephone bill
2. Bank account statement
3. Letter from any recognized public authority
4. Letter from employer (subject to satisfaction of the bank)
5. All the above
8. Reserve Bank of India (RBI) sold SDRs to the International Monetary Fund (IMF) for ferim payment to the government. SDR stands for ?
1. Share Drawing Rights
2. Structural Drawing Rights
3. Special Drawing Rights
4. Systematic Drawing Rights
5. Sovereign Drawing Rights
9. On 9th May 2014, RBI barred Indian companies from raising money form subsidiaries of Indian banks overseas through ECBs to refinance rupee loans. ECB stands for __________
1. Easy Commercial Borrowings
2. Early Commercial Barrowings 
3. Entry Commercial Borrowings
4. External Commercial Borrowings
5. External Core Borrowings
10. On 24th June 2014, the Union Government granted "Navaratna Status" to which among the following companies ?
1. EIL
2. NBCC
3. Both 1 and 2
4. GAIL
5. None of these
11. According to ASSOCHAM studies, which among the following states has been emerging as major destination for domestic tourists ?
1. Gujarat
2. Maharashtra
3. Madhya Pradesh
4. Andhra Pradesh
5. Arunachal Pradesh
12. As per the ASSOCHAM Report 2014, which among the following States has emerging as a prominent manufacturing investment hub in the country ?
1. Tamil Nadu
2. Maharashtra
3. Gujarat
4. Madhya Pradeh
5. None of these
13. Who commissioned 68 MW unit at the Rampur Hydro Electric Project in Himachal Pradesh ?
1. BHEL
2. Tata Power
3. Torrent Power
4. Adani Power
5. Ambani Power
14. The 23rd World Economic Forum on East Asia was recently concluded in ?
1. Thailand
2. Philippines
3. Vietnam
4. Indonesia
5. China
15. The share of deposits that banks must maintain in safe and liquid assets such as government securities, is known as ?
1. repo rate
2. reverse repo rate
3. SLR
4. CRR
5. bank rate
16. According to the latest available data (as of June 2014), what was the India's economic growth in 2013-14 ?
1. 4%
2. 4.7%
3. 5.3%
4. 5.7%
5. 6.3%
17. The Purchasing Manager's Index (PMI) is an economic gauge for measuring the well being of which among the following ?
1. Manufacturing
2. Retail
3. Real Estate
4. Agriculture
5. Small Scale Industries
18. What is the objective of the government behind setting up a Minimum Export Price (MEP) for a particular commodity ?
1. To promote exports
2. To discourage exports
3. To check price rise
4. To provide subsidy to producers
5. None of these
19. According to SEBI's new slew of reforms, all listed companies including PSUs must have public shareholding of ?
1. 20%
2. 15%
3. 25%
4. 10%
5. 16%
20. Who was recently named as the India's Governor on the Board of Governors of the Asian Development Bank (ADB) ?
1. Arun Jaitley
2. P. Chidambaram
3. Raghuram Rajan
4. Arvind Mayaram
5. D. Subba Rao

Read more Banking Awareness Model Practice Sets from below

• Set 1
• Set 2
• Set 3
• Set 4
• Set 5
• Set 6
• Set 7 
• Set 8
• Set 9 
• Set 10
• Set 11
• Set 12
• Set 13 
• Set 14 
• Set 15 
• Set 16 
• Set 17
• Set 18 
• Set 19
• Set 20
• Set 21
• Set 22
• Set 23 
• Set 24 
• Set 25 
• Set 26 
• Set 27 
• Set 28

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