IBPS General Awareness model test paper - 1

IBPS General Awareness model test paper - 1

Q1. Gramin Bhandaran Yojna is also known as:

A. National Food Security Mission.
B. Rashtriya Krishi Vikas Yojna
C. Rural Godown Scheme
D. Minimum Support Prices Scheme.

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Q2. Nirmal Gram Puraskar is the scheme of which Ministry in India ?

A. Ministry of Health
B. Ministry of Housing and Urban Poverty Alleviation.
C. Department of Food and Public Distribution.
D. Ministry of Drinking Water and Sanitation.

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Q3. Which statement is correct ?

A. The Corporation in SEZs will not have to pay any income tax on their profits for the first five year and only 60% of the tax for 4 more years thereafter.
B. SEZ doesn’t require a license for imports.
C. SEZs are allowed only for manufacturing activity.
D. SEZ Act 2005 was passed by Parliament in May , 2004.

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Q4. Market Access Initiative Scheme launched with an objective :

A. To work as a catalyst to promote India’s exports on a sustained basis based upon Focus Product and Focus Market Concept.
B. To assist exporters for their participation in approved ETC/ trade Promotion led export promotion events abroad.
C. To the exporters who have availed benefits under TUFS.
D. None of these.

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Q5. In 2013, RBI has decided to raise the Loan to Value cap for loans against the collateral of Gold Jewellery to 75% from the previous limit of __

A. 70%
B. 50%
C. 55%
D. 60%

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Q6. National Rural Health Mission was launched in ?

A. 1999
B. 2004
C. 2007
D. 2005

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Q7. Which among is the purpose/objective of SLR ?

A. It works as a cushion against possibility of bank failures.
B. It is a conduit for financing government profits.
C. As a Debit Control instrument.
D. None of these

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Q8. Which among the salient features related to RBI’s move to raise Loan-To-Value (LTV)

A. Only extrinsic value of assets to be used to determine the loan value.
B. The firms can add suitable cautions to protect themselves in exemption of interest.
C. Disbursement of loans of Rs. 1 lakh and above must be done through cheques.
D. NBFC will not need to certify on purity of Gold.

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Q9. Headquarter of Canara Bank is situated at

A. Mumbai, Maharashtra.
B. New Delhi, India
C. Bangalore, Karnataka
D. Mysore, Karnataka

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Q10. _________ has been appointed as a Chairman of NABARD on 13th Dec, 2013?

A. U.K. Sinha.
B. B.V. Bhargava
C. R.K. Dubey
D. Harsh kumar Bhanwala

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Q11. KRA is abbreviated as …

A. Know Registration Authority.
B. Know Your Customer Registration Agency
C. Know Your Customer Regulation Authority
D. Know Regulation Agency.

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Q12. Which statement is not correct about Credit Rating ?

A. Credit Rating is determined by Credit Rating Agencies.
B. It is an evaluation of the debt issuers likelihood of default.
C. Evaluates the credit worthiness of an issuer of specific types of debts.
D. None of these.

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Q13. During end of the year 2013, which Indian Railway Platform entered into Limca Book of World Record for World’s Longest railway Platform ?

A. Gorakhpur Railway Station, U.P.
B. Kollam Junction railway Station
C. Kharagpur Station
D. Bilaspur Railway Station

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Q14. Which statement is true for a floating rate- bond ?

A. A bond with a varying interest rate and has lower yield than fixed interest rate bond.
B. A bond with a 25% interest rate and has lower yield than fixed interest rate bond.
C. A bond with a varying interest rate and has zero yield than compound interest rate bond.
D. A bond with a constant interest rate and has lower yield than fixed interest rate bond.

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Q15. Once a Budget has been presented in the Parliament, the government has to get all money bills related to the union budget passed within __?

A. 7 months
B. 6 months
C. 2 and half months
D. 1 year

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Q16. How many FIIs are registered in India till April’2013 (approximately) ?

A. 5000
B. 6500
C. 17500
D. 1700

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Q17. Chit Funds are regulated by _______

A. RBI
B. NABARD
C. State Government
D. Central Government.

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Q18. FEMA is abbreviated as ______

A. Foreign Exchange Management Act
B. Financial Exchange Management Authority
C. Federation of Environment Management Authority
D. Financial Exchange Market Act

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Q19.During year 2013, who is the eighth Chairman of SEBI ?

A. Prashant Saran
B. Upendra Kumar Sinha
C. Anand Sinha
D. U.K. Singh

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Q20. At the end of year 2013, how many Maharatnas Companies were in India ?

A. 53
B. 7
C.14
D. None of these

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Q21. Who has been named as the Person of the Year by animal rights body PETA ?

A. Dr. Shashi Tharoor
B. Malala Yousafzai
C. Prof. CNR Rao
D. Maneka Gandhi

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Q22. The goods which are meant to be used in making other products or rendering services are known as:

A. Manufacturing Goods
B. Quality Goods.
C. Multipurpose Goods
D. Industrial Goods.

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Q23. First Indian Commercial bank which was wholly owned and managed by Indians ?

A. Oriental Bank of Commerce.
B. State Bank of India.
C. Central Bank of India
D. Allahabad Bank

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Q24. India’s First Bank to open a branch outside India ?

A. Central Bank of India.
B. State bank of India.
C. Canara Bank
D. Bank of India

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Q25. When was “Narasimham Committee” formed ?

A. 1999
B. 1957
C. 1991
D. 2000

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