General & Banking Awareness Quiz for IBPS Bank Exams - Set 31

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1. In the fourth Bi-monthly monetary policy review, on 29th September 2015, RBI reduced the Repo Rate under the Liquidity Adjustment Facility (LAF) by ______________
1.  150 basis points
2.  100 basis points
3.  25 basis points
4.  50 basis points
5.  75 basis points 
2. Present Repo Rate is   ______________
1.  6.75%
2.  7.25%
3.  6.00%
4.  7.75%
5. 13.25% 
3. Present Reverse Repo Rate is ______________ 
1.  5.75%
2.  8.75%
3.  9 75%
4.  10.25%
5.  8.25% 
4. Present Bank Rate is ______________
1.  7.50%
2.  6.75%
3.  7.75%
4.  5.25%
5.  8.25%
5. RBI's Marginal Standing Facility Rate  ______________
1.  7.50%
2.  6.75%
3.  7.75%
4.  8.75%
5.  4.0% 
6. RBI kept the Cash Reserve Ratio (CRR) of scheduled banks unchanged at ______________ of Net Demand and Time Liability (NDTL) in its recent monetary policy review.
1.  24.5%
2.  5.75%
   
3.  4.0%
4.  4.5%
5.  3.5% 
7. RBI declared to issue final guidelines on base rate computation by ______________
1.  March 2016
2.  September 2016
3.  November 2015
4.  January 2016
5.  March 2020
8. RBI lowered its economic growth forecast for the current fiscal year from 7.6% to ______________
1.  7.1%
2.  7.2%
3.  7.4%
4.  7.5%
5.  6.5%
9. Finance Minister Arun Jatley pegged the fiscal deficit target at ______________ of the GDP for the current fiscal year.
1.  3.9%
2.  3.4%
3.  2.9%
4.  6.1%
5.  2.0%
10. Union Government said it has plan for set-ting up a non-statutory PDMA. PDMA stands for ______________ 
1.  Public Debt Management Agency
2.  Public Debit Management Agency
3.  Private Debt Management Agency
4.  Private Debt Monetary Agency
5.  None
11. A non-statutory PDMA would be an interim arrangement before an independent agency is set up for managing the government borrowing programme. At present who is handling the governments borrowing programme?
1.  RBI
2.  SBI
3.  Asian Development Bank
4.  National Development Council
5.  NITI Aayog
12. Which bank announced the launch of 'Money2World', a fully online outward remit-tance service for resident Indians?
1.  YES Bank
2.  Axis Bank
3.  ICICI Bank
4.  SBI
5.  Corporation Bank 
13. National watershed management project 'Neeranchal' assisted by   
1.  IMF
1.  IDA
2.  AllB
3.  World Bank
4.  USAID
14. Which Scotland economist argued foreign aid did more harm than good" conferred with the Nobel prize for Economics on 12 Oct 2015?
1.  Meghnad J Desai
2.  John Kay
3.  Angus Deaton
4.  Edward Miliband
5.  Nicholas Herbert Stern
15. A.R. Rahman appointed as the cultural ambassador of .  
1.  Seychelles
2.  Australia
3.  USA
4.  UK
5.  Spain
16. Seychelles capital is Victoria and its currency is ______________
1.  Euro
2.  Peso
3.  Dollar
4.  Rupee
5.  Pound 
17. First Nobel prize in Economics awarded in  ______________
1.  1969
2.  1901
3.  1954
4.  1989
5.  2001
18. First Nobel prize in Economics jointly conferred on the Dutch Economist Jan linbergen and the Norwegian Economist  ______________
1.  Ragnar Frisch
2.  Trygve Haavelmo
3.  Svein Gjedrem
4.  Victor Norman
5.  None of above
19. Which famous Indian Economist received Nobel prize in Economics Ion his contribu-tions to welfare economics'? 
1. Arvind Panagadya
2.  Arvind Subramanian
3.  Amartya Sen
4.  R.C. Dutt
5.  Suresh Tendulkar

Abel Prize is described as Nobel Prize in ?

1. Mathematics
2. Peace
3. Literature
4. Economics
5. Physics

Shared by Shravan Varma Gadiraju

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