General Awareness Practice Paper for IBPS PO IV

General Awareness Practice Paper for IBPS PO IV

Hi IBPS PO IV Aspirants. We are Very Happy to say, from today onwards our team members are focusing on Materials for IBPS PO IV. We preparing Practice Papers, General Awareness Banking Awareness Materials for IBPS PO IV Exams. Today we publishing General Awareness Practice paper for coming IBPS PO IV. All the Best....

1) RBI has permitted the NBFC-ND to act as Business Correspondents of banks with an aim of spreading financial inclusion on 24th June 2014. NBFC-ND stands for ?

1. Non Banking Finance Company at New Delhi
2. Non Banking Finance Company  Non-Drawer
3. Non-deposit Non Banking Finance Company
4. New Director Non Banking Finance Company
5. None

2) On 1st July 2014, which committee submitted the report on Data and Information Management in RBI ?

1. Anand Sinha
2. H.R. Khan
3. Arundhathi Bhattacharya
4. Rakesh Mohan
5. D.K. Mohanthy

3) Large domestic issuer of overseas bond is ?

1. PNB
2. SBI
3. BOI
4. IOB
5. ICICI

4) RBI was formed on the recommendations of ____________commission ?

1. Kelkar
2. Curzon
3. Hilton-Young
4. Minto-morley
5. None

5) Hamara Khaata Hamara Swabhimaan (Our Account Our Pride) scheme to provided the No frill accounts to poor announced by ?

1. Indian Banks Association and SBI
2. RBI and IBA
3. Indian Banks Association and Ministry of Finance 
4. SBI and IDBI
5. Ministry of finance and World Bank

6) Banks usually share the information of CIBIL at the time of giving credit to the borrowers. CIBIL stands for ?

1. Core Information Bureau (india) Limited
2. Credit Information Bureau (india) Limited
3. Consumer Information Bureau (india) Limited
4. Credit Information Bureau (india) Limited
5. Collective Information Bureau (india) Limited

7) In the term "EMI". E means ________(This term used in loans).

1. Ebb
2. Engine
3. End
4. Equated
5. None

8) Saving account cannot be opened by ?

1. Teacher
2. House wife
3. Farmer
4. Person doing Money Laundering
5. Person doing more than two Businesses

9) what is the condition for a bank to be called a "Scheduled Bank" ?

1. Its business has crossed Rs. 1000 cr Mark
2. Its branch network is over 100.
3. It is included in the second schedule of the RBI Act.
4. It complies with all the above conditions.
5. None

10) P.J. Nayak Committee submitted its report to the RBI on 24th May 2014, has mention about the dual regulation of Public Sector Banks (PSBs) as they are regulated by the RBI as well as the ________

1. Ministry of Finance 
2. Ministry of Commerce and Industry
3. Ministry of Law
4. Ministry of Home Affairs
5. None of above

11) Regarding Indian Currency the statement relating to RBI given. Pick the incorrect one ?

1. It issues Rs. 2 and above paper currency till Rs. 1000 Paper currency now
2. It was given power to issue the paper currency denomination up to Rs. 10,000.
3. It issues Rs. 1 also
4. Coins Mint by Government of India
5. It acts as the Government's agent for issue and distribution of coins.

12) MICR cheques are familiar these days. In MICR, first three digits say the city name or district name and next three digits say ?

1. Branch Code
2. Bank Licence Code
3. Bank Name
4. Bank Head Office Name 
5. None

13) Present CRR (June-July 2014)is _________

1. 4%
2. 22.5%
3. 8%
4. 7%
5. 9%

14) Union Budget for 2014-15 proposed REITS for infrastructure projects to reduce pressure on banking system. REITS stands for ?

1. Real Estate Investment Trusts
2. Real Estate Innovation Trusts
3. Real Estate Infrastructure Trusts
4. Real Estate Industrial Trusts
5. None of these

15) Which scheme introduced to help in generating awareness and improving the efficiency of delivery of welfare services meant for women with an initial corpus of Rs. 100 crore

in the Union Budget 2014-15 ?

1. Beti Bachao, Beti Badhao Yojana
2. Beti Bachao, Beti Banhao Yojana
3. Beti Bachao, Beti Padhao Yojana
4. Beti Padhao, Beti Jaman Yojana
5. None

16) First indigenous Anti-Submarine Warship (ASW) joined Indian Naval Ship on 12th July 2014. It is _________?

1. INS Kamorta
2. INS Sindur
3. INS Konkan
4. INS Lakor
5. None

17) FIFA suspended which nation from all international football competitions on 9th July 2014, alleging the government interference is more in that nation's football federation ?

1. Nigeria
2. Brazil
3. Switzerland
4. Sweden
5. Norway

18) Rammasun, the strong typhoon attacked large parts of the _________ on 15th July 2014 ?

1. India
2. Egypt
3. Philippines
4. Italy
5. None

19) 6th BRICS Summit held on 15-16 July 2014 at __________

1. Fortaleza, Brazil
2. Ufa, Russia
3. New Delhi, India
4. Beijing, China
5. None

20) BRICS development bank will be having headquarters at ?

1. New Delhi
2. Shanghai
3. Brasilia
4. Johannesburg
5. Moscow

Important Links:

• Practice Paper Based on Indian Economy
• General Awareness Practice Paper Set 2
• Reasoning Practice Paper for Bank Tests