General & Banking Awareness Quiz for IBPS Clerks - Set 51

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1. Pink colour ball used in the first day-night Test match played between ?
1. Australia and New Zealand
2. Australia and South Africa
3. England and West Indies 
4. New Zealand and South Africa
5. None of these
2. Davis Cup tennis tournament 2015 winner is ?
1. New Zealand
2. Australia
3. Great Britain
4. South Africa
5. None of these
3. World Robot Olympiad 2015 recently held In  
1. Kuwait
2. USA
3. Qatar
   
4. Japan
5. Canada
4. World Robot Olympiad 2016 host nation is..
1. UK
2. Pakistan
3. India
4. New Zealand
5. Bangladesh
5. The South Asian Annual Disaster Management Exercise (SAADMEx) 2015 was held recently in....
1. Bangladesh
2. Sri Lanka
3. Nepal
4. Afghanistan
5. India
6. Patricia Scotland will become the Commonwealth's first woman Secretary General, who replaces  
1. Kamalesh Sharma
2. Recap Tayyip Erdogan
3. Angela Merkel
4. Najib Razak
5. Joko Widodo
7. National Milk Day is observed on 26 Nov every year on the birth anniversary of 
1. M.S. Swaminathan
2. Vikram Sarabhai
3. Satish Dhawan
4. Verghese Kurien
5. Abdul Kalam
8. In the first ever day-night Test match played at Adelaide Stadium, the winner is...
1. match drawn
2. match tie
3. match abandoned due to heavy rain
4. Australia
5. New Zealand
9. During 2015 ING Vysya Bank was merged with which bank resulting in formation of Ma's fourth largest private bank?
1. Axis Bank
2. Kotak Mahindra Bank
3. Y. Bank
4. Indushid Bank
5. None of the above
10. Arbitrage is
1. Buying and selling in two MARKETS simultaneously
2. A rate of interest
3. A Fee
4. Arbitrage is a dispute
5. None of these
11. The rate of which discounting the bills of first class banks is done by RBI is called:
1. Bank Rate
2. Prime Lending Rate
3. Loan Rate
4. Discounting Rate
5. Reverse Repo Rate
12. E.P.S. in share MARKET stands for
1. Earnings per share
2. Electronic Payment System
3. Employee Pension Scroll
4. Equated Payment System
5. None of the.
13. Every commercial Bank must transfer percentage of their net profits to a Statutory Reserve Fund every year mandatorily
1. 20%
2. 25 %
3. 30%
4. 40%
5. 35%
14. When the contents of the Negotiable Instrument are modified by the drawer, it is treated as
1. Forgery
2. Fraud
3. Material alteration
4. Suppression of facts
5. None
15. Which is that credit control tool that RBI uses widely for infusion or absorption of liquidity on a repurchase basis, through repo (liquidity injection) and reverse repo (liquidity absorption) auction operations, using government securities as collateral?
1. Qualitative Credit Control
2. Quantitative Credit Control
3. Market Stabilization Scheme (MSS)
4. Liquidity Adjustment Facility (LAF)
5. None of the above
16. Exchange risk in case of foreign currency Non Resident (Banks) scheme (FCNB) is borne by:
1. RBI
2. Depositor
3. Govk of India
4. Concerned Bank
5. None of these
17. Exercise of nomination by the depositor
1. Optional to the depositor
2. Mandatory in case of single named accounts
3. Mandatory in case of joint accounts
4. Mandatory for locker accounts
5. None
18. Consortium Advances refer to:
1. Concurrent borrowings
2. Multiple financing
3. Joint Financing by more than one bank
4. Financing of consignment business
5. None of these
19. To increase investment in infra-structure, ________ is proposed to be encouraged. These funds will raise resources and, through takeout finance, credit enhancement and other innovative means, provide long-term low-cost debt for infrastructure projects
1. Infrastructure Equity Funds
2. Infrastructure Debt Funds (IDF)
3. Infrastructure Mutual Fund
4. Infrastructure Benefit Fund
5. None of the above
20. Which of the following statement is not correct with regard to Tax Saver Scheme of Banks?
1. Tax exemption is available for the deposit amount under section 80C of IT Act
2. Period of deposit is .lowed up to 5 Years
3. TDS is applicable, if interest payment is above Rs.10000/- in a financial year
4. Maximum amount of deposit allowed is Rs. 5 lakhs
5. 3 & 4

Shared by Shravan Varma Gadiraju

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