Banking Awareness Quiz for IBPS Clerks IV Online Exam - Set 49

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1. In which country is the bank for International Settlements Located ?
1. USA 
2. Switzerland
3. Belgium 
4. Canada
5. None of these 
2. When a payment is made through RTGS / NEFT, the customer / emitter receives an acknowledgement of the payment made. What is the form of that acknowledgement ?
1. Downloadable acknowledgement slip form the Reserve Bank of India
2. Email
3. SMS
4. Both 2 and 3
5. None of these 
3. Which term is used to describe a situation where an inflation rate is high, the economic growth rate slows down, and unemployment remains steadily high ?
   
1. Recession
2. Depreciation 
3. Stagflation 
4. Depression 
5. Running Inflation 
4. Which measure is used by the RBI to buy or sell government bonds or other securities in open market ?
1. Rationing of Credit 
2. Direct Action 
3. Consumer Credit Regulation 
4. Open Market Operations 
5. None of these 
5. Which of the following authority appoint Banking Ombudsman in India ?
1. SEBI
2. RBI
3. NABARD
4. CII
5. World Bank
6. To which country does Muhammad Yunus, who developed the concepts of Micro Credit and Micro Finance belong ?
1. Egypt
2. Pakistan 
3. Indonesia 
4. Bangladesh
5. Nepal
7. Recently the Government raised the import duty on raw and white sugar to _____________ percent to help sugar mills pay large dues of FARMERS ?
1. 19%
2. 12%
3. 25%
4. 30%
5. None of these
8. Which Indian company has recently surpassed by the ITC as the most admired Indian company as per annual List of 45 Most Reputed Indian Companies released by US Magazine "Fortune" ?
1. TCS
2. Wipro
3. Infosys
4. HCL
5. None of these
9. India signed a USD 107 Million Loan agreement with World Bank for MSRP Stage 2 Project, MSRP stands for ?
1. Manipur State Roads Project
2. Maharashtra State Roads Project
3. Mizoram State Roads Project
4. Meghalaya State Roads Project 
5. None of these
10. JBIC has signed a pact with Indian GMR infrastructure for FINANCIAL HELP to Japanese companies investing in infrastructure projects of GMR Group, JBIC stands for ?
1. Japan Bank for International Cooperation 
2. Journal of Biological Inorganic Chemistry 
3. Journal of Bioinformatics and Intelligence Control 
4. Japan Bank for Industrial Cooperation 
5. None of these
11. Which Union Territory has recently presented a Tax Free Budget of Rs. 6100 Crores for the Union Territory ?
1. Dadra Nagar Haweli
2. Chandigarh
3. Puduchery
4. Diu
5. None of these
12. CPI based Inflation may come under 8% by Jan 2015 and under 6% by Jan 2016 by RBI annual report, CPI stands for ?
1. Consumer Price Index 
2. Communist Party of India
3. Consumer Performance Index 
4. Consumer Price of India
5. None of these
13. What is the maximum age of retirement for MD / CEO of all Private Banks ?
1. 70 Years
2. 65 Years 
3. 62 Years
4. 68 Years
5. None of these
14. A report states that India's CAD stood at 1.7% of GDP During First Quarter of FY 2014 - 2015 due to decline in TRADE deficit and less import of Gold due to heavy duties put on it by Government, CAD stands for ?
1. Current Account Deficit
2. Computer AIded Design
3. Commercial Affairs Department
4. Comptroller and Auditoral Draft
5. None of these
15. SEBI (Securities and Exchange Board of India) has asked PACL to refund Rs. 49,100 crore to investors within three months and immediately close all unauthorized Collective Investment Schemes (CIS) of the company. PACL stands for ?
1. Political Action Committee Limited 
2. Pearls Agrotech Corporation Limited
3. Pierrre Audoin Consultants Limited 
4. Premier Agriculture Cooperation Limited 
5. None of these
16. State Bank of India has recently started two new SAVINGS BANK products for children. What are the names of these projects ?
1. Pehla Kadam and Pehli Udaan
2. Ek Sath and Unchi Udaan 
3. Sapne and Khwabon ki Udaan 
4. Pehla Kadam and Unchi Udaan
5. None of these
17. What is the place of India in the Global Competitiveness Report 2014 by World Economic Forum ?
1. 64th Place
2. 65th Place 
3. 71st Place 
4. 75th Place 
5. None of these
18. Lack of access to Financial Services is technically known as ?
1. Financial Instability 
2. Financial Inclusion 
3. Financial Stability 
4. Financial Exclusion 
5. None of these 
19. SEBI was established in ?
1. 1993
2. 1992
3. 1988
4. 1990
5. 2001
20. Which bank has recently declared Vijay Mallya as Willful Defaulter ?
1. United Bank of India
2. Indian Bank 
3. Punjab Bank
4. Axis Bank 
5. None of these

Read more Banking Awareness Expected Questions 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 
• Set 29 
• Set 30 
• Set 31 
• Set 32 
• Set 33 
• Set 34 
• Set 35 
• Set 36 
• Set 37 
• Set 38 
• Set 39 
• Set 40
• Set 41 
• Set 42 
• Set 43 
• Set 44 
• Set 45 
• Set 46 
• Set 47 
• Set 48

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