Banking Industry General Awareness Sample questions

Provide me sample question paper for General Awareness section examination for recruitment in banking industry ?

[Quick Sam]

Here I am giving you sample question paper for General Awareness section examination for recruitment in banking industry below :

Banking Industry General Awareness Sample questions

151. Which of the following is NOT a
function of a commercial bank?
(1) Providing project finance
(2) Settlement of payments of behalf
of the customers
(3) Deciding policy rates like CRR,
SLR, & Repo Rates
(4) Issuing credit/debit/ATM cards
(5) Providing services such as locker
facilities, remittances
152. The Election Commission of India is
giving training to the electoral officers
of which of the following countries in
its neighbourhood?
(1) Nepal (2) Pakistan
(3) China (4) Bangladesh
(5) Bhutan
153. What is money laundering?
(1) Conversion of assets into cash
(2) Conversion of Money which is
illegally obtained
(3) Conversion of cash into gold
(4) Conversion of gold into cash
(5) Conversion of gold with foreign
currency
154. As per news reports in various
newspapers and journals, 'IAEA'
Governors approved the safety plan,
so that it can be implemented by all
the countries, willing to adopt it.
IAEA is an agency/organization
working in the area of _________
(1) Nuclear Energy
(2) World Trade
(3) International Banking
(4) Defence
(5) Social Welfare
155. Which one of the following is not a
salient feature of debit card?
(1) No bad debts to banks and no
suits for recovery
(2) No interest earning for banks
(3) Works like a normal withdrawal
slip
(4) 45 days credit is given to the
card holder
(5) All of the above
156. Shanti Swarup Bhatnagar Award is
given for excellence in the field of
_________
(1) Literature
(2) Music
(3) Spots
(4) Science & Technology
(5) Social service
157. Funding of which of the following is


11-12-2011



not a lending for infrastructure
sector?
(1) Highway project
(2) Construction of Educational
Institution
(3) Construction of Hospital
(4) Laying of petroleum pipelines
(5) Higher Studies
158. 'Raag Darbari' is a famous book
written in Hindi by __________
(1) Shri Amarkant
(2) Shri Shrilal SHukla
(3) Shri Nirmal Verma
(4) Shri Harivansh Rai Bachchan
(5) Smt. Malti Joshi
159. Which of the following is a measure
takeny by Reserve Bank of India to
control inflation in our country?
(1) Increase in CCR
(2) Increase in SLR
(3) Contraction of supply of
currency
(4) Raising of Repo / Revere Repo
Rate
(5) Decrease the SLR
160. Leila Lopes who was crowned Miss
Universe recently is a citizen of
_________
(1) USA (2) Britain
(3) Brazil (4) India
(5) Angola
161. What type of loan is granted by banks
for purchase of white goods?
(1) Consumption loan
(2) Mortgage loan
(3) Consumer durables loan
(4) Home loan
(5) None of these
162. Ms. Helle Thorning Schmidt is the first
Women Prime Minister of __________
(1) Norway
(2) Brazil
(3) Denmark
(4) Argentina
(5) None of these
163. What is a stale cheque?
(1) A cheque issued without
drawer's signature
(2) A cheque with only signature of
the drawer
(3) A cheque which has completed
six months from its date of issue
(4) A six months' post dates cheque
(5) Any one of these
164. The 34the General Assembly of the
International Organisation for
Standardization (ISO) was organized
recently in _________
(1) London (2) New Delhi
(3) Vienna (4) Milan
(5) Stockholm
165. Ram has been nominated in the
Savings account of Sita. Ram requests
the bank authorities to allow him to
operate Sita's account as she is unwell.
What will the bank do?
(1) Bank will allow Ram to operate
the account as he is nominee.
(2) As nomination will come into
effect only after death of
depositor, Bank will not allow.
(3) As Ram is husband Sita in
addition to being the nominee,
the Bank should allow.
(4) Out of pity for Sita and on
account of long term



relationship, the Bank may
allow
(5) Bank can take a promissory note
from Ram and allow him to
operate the account
166. Who among the following is the
author of the book "Last Man in the
Tower"?
(1) Vikram Seth
(2) Kiran Desai
(3) Shobha De
(4) Chetan Bhagat
(5) Aravind Adiga
167. Which of the following is 'material
alteration' of a negotiable instrument?
(1) Converting an order cheque to
bearer cheque
(2) Converting a bearer cheque to
order cheque
(3) Crossing of an uncrossed cheque
(4) Writing an amount on a black
cheque
(5) Putting a signature on the back
of a cheque
168. Which of the following days was
proclaimed "International Literacy
Day" by UNESCO?
(1) 8th September
(2) 18th September
(3) 18th October
(4) 8th October
(5) 28th November
169. What do you understand by term
'Mortgage'?
(1) Sale of a moveable security in
the event of default by the
borrower
(2) Registration of charge with the
Registar of Companies
(3) Making the security of
immovable property available as
a cover for a home loan by the
borrower
(4) Registration of charge with the
Regional Transport Authority
(5) Returning of the security to
borrower by the bank on receipt
of full payment
170. Which of the following honorary rank
is given to M.S. Dhoni in the
Territorial Army?
(1) Major General
(2) Sergeant
(3) Major
(4) Lieutenant Colonel
(5) Colonel
171. Which one of the following
constitutes the largest percentage of
Retail loans in India?
(1) Auto loans
(2) Personal loans
(3) Personal overdrafts
(4) Consumer loans
(5) Home loans
172. Which of the following is a food crop?
(1) Jute
(2) Jatropha
(3) Jowar (4) Cotton
(5) Tobacco
173. Credit risk to the bank is high from
which of these cards?
(1) Debit cards
(2) Credit cards
(3) ATM cards
(4) All the above
(5) None of these



174. Who among the following is NOT a
Sports person?
(1) Sania Mirza
(2) Azim H. Premji
(3) Leander Paes
(4) Ricky Ponting
(5) Rahul Dravid
175. Depreciation of an asset occurs due to
__________
(1) Fire in the unit
(2) Theft
(3) Labour Trouble
(4) Wear and tear
(5) None of these
176. Which of the following international
event is associated with the game of
car racing?
(1) Twenty - 20
(2) FIFA World Cup
(3) Dubai Open
(4) Singapore Grand prix
(5) Grand Master
177. Which of the followind is NOT a
source of funds of a commerical bank?
(1) Capital
(2) Borrowing from RBI
(3) Call money borrowings
(4) Deposits
(5) Cash Reserves with RBI
178. Who among the following is a Golf
Player and represents India in
International events?
(1) Mahesh Bhupati
(2) Pankaj Advani
(3) Jeev Milkha Singh
(4) Vijendra Singh
(5) Zaheer Khan
179. Which one of the following is a Credit
Card Association?
(1) India Card
(2) Master Card
(3) SBI Card
(4) Citi Bank Cards
(5) BOB Card
180. Which of the following Indian
companies makes Tractors?
(1) Maruti Suzuki
(2) Ford Motors
(3) Ashok Leyland
(4) Mahindra Gujarat
(5) Tata Motors
181. Which one of the following is not an
electronic Banking delivery channel?
(1) Mobile Vans
(2) Mobile Phone Banking
(3) Internet Banking
(4) Tele Banking
(5) ATM
182. Who among the following women is
a Minister in Union Cabinet?
(1) Smt. M. Vijaya Shanthi
(2) Smt. Priya Dutt
(3) Smt. Sonia Gandhi
(4) Smt. Sushma Swaraj
(5) Smt. Ambika Soni
183. The Rate at which the domestic
currency cab be converted into
foreign currency and vice-versa is
known as the _____________
(1) Exchange rate
(2) MIBOR
(3) Inter bank Call money rate
(4) Base rate
(5) LIBOR



184. Which of the following is NOT a
major IT company in India?
(1) CMC Ltd.
(2) Raymonds
(3) HCL Technologies
(4) Infosys Technologies
(5) Tata Consultancy Services
185. Which of the following is an asset
reconstruction company?
(1) CIBIL (2) DICGC
(3) BCSBI (4) ARCIL
(5) IRDA
186. Which of the following institutions is
an asset reconstruction company?
(1) Biosphere (2) Exchange Rate
(3) Equator
(4) Harmonic Tremor
(5) Lignite
187. Crossing on a cheque terms is used in
the field of Economics?
(1) payee (2) drawee
(3) endorser (4) holder
(5) drawer
188. Who among the following is the
President of a country at present?
(1) Bank-ki moon
(2) Pascal Lemy
(3) Margaret Chan
(4) Dmitry Medvedev
(5) Kaushik Basu
189. Which of the following category of
advance accounts is not an NPA?
(1) Standard account
(2) Substandard account
(3) Doubtful account
(4) Loss account
(5) All (1) to (4) are NPAs
190. Who among the following is the
Cabinet Secretary, Govt. of India at
present?
(1) Shri Ajit Kumar Seth
(2) Shri Ranjan Mathai
(3) Shri Shiv Shankar Menon
(4) Shri R. K. Singh
(5) None of these
191. Which of the following terms is used
in the game of Cricket?
(1) Leg - Bye (2) Smash
(3) Kidney Punch
(4) Deuce
(5) Love
192. Which of the following is a metal?
(1) Chlorine (2) Zinc
(3) Neon
(4) Iodine
(5) Hydrogen
193. Which of the following is the name of
India's Space launching vehicle?
(1) Edusat (2) G-SAT
(3) PSLV (4) Kalpana 1
(5) HTPB
194. Who among the following is the
author of the famous Russian Classic
book "The Mother"?
(1) Maxim Gorky
(2) Vladmir Nabokov
(3) Leo Tolstoy
(4) Edgar Allan Poe
(5) Nikita Khruschew
195. Which of the following is NOT the
name of a game?
(1) Billiards (2) Polo
(3) Bridge (4) Wrestling
(5) Olympic

196. Which of the following is the name of
a Chinese food equality popular in
India?
(1) Chopsticks (2) Sumo
(3) Chowmein (4) Fengshui
(5) Kanji
197. Which of the following films is
directed by Karan Johar?
(1) Wake up Sid
(2) Chandni Bar
(3) My Name is Khan
(4) Fashion (5) Ra.One
198. Which of the following awards has
been given to Brajesh Mishra in 2011?
(1) Padma Vibhushan
(2) Bharat Ratna
(3) Rajiv Gandhi Khel Ratna
(4) Padmashri
(5) Man of the Year 2011
199. Which of the following is the Capital
of Madhya Pradesh?
(1) Indore (2) Lucknow
(3) Dehradun (4) Bhopal
(5) Raipur
200. Kabul is a town in ________
(1) Pakistan (2) Nepal
(3) Bhutan (4) Bangladesh
(5) Afghanistan

Hello sir I am preparing for the bank exams so please provide me the General Awareness sample questions of these exams.

[Quick Sam]

General Awareness section has been recently added for bank exam. It emphasizes on applicants’ knowledge of current affairs with special reference to banking industry.

General Awareness Sample questions of Banking exams

1. Which of the following bodies tightened the norms for foreign exchange risk cover in India mentioning that only companies with a networth of Rs 200 crore can use derivatives to hedge against risk of volatility in currency rates?
a. IMF
b. Reserve Bank of India
c. SEBI
d. Union Ministry of Finance
Ans: b

2. Which body in India finally provided tax exemption on the 9.5 per cent interest income on PF deposits for 2010-11?
a. Reserve Bank of India
b. Income Tax Department
c. Employees’ Provident Fund Organisation
d. Corporate Affairs Ministry
Ans: b

3. (1) The report on Customer Service in Banks by a committee chaired by M. Damodaran, former Chairman of the Securities and Exchange Board of India (SEBI) that was released on 3 July 2011 recommended an increased deposit insurance cover of Rs.5 lakh so as to encourage individuals to keep all their deposits in banks.
(2) The panel also suggested blocking of lost ATM cards through SMS and immediate restoration of funds in case of non-dispensation of cash at an ATM within 5 working days.
Which of the above is not true?
a. Only 1
b. Only 2
c. Both 1 & 2
d. None of the above
Ans: b

4. The Reserve Bank of India (RBI) in a bid to tame inflationary pressure hiked the short-term indicative policy rate (repo rate) by 50 basis points on 26 July 2011. The repo rate currently stands at what percentage?
a. 7%
b. 7.5%
c. 8%
d. 8.5%
Ans: c

5. Which bank posted a 99 per cent drop in net profit at Rs 21 crore for the fourth quarter ended 31 March 2011 against Rs 1867 crore during the corresponding period in 2010?
a. Indian Overseas Bank
b. State Bank of India
c. Bank of India
d. United Bank of India
Ans: b

6. Who did global payments processing company MasterCard appoint as the General Manager, South Asia and Country President, India?
a. T. V. Seshadri
b. Vicky Bindra
c. Tunde Lemo
d. Ajay Banga
Ans: a

7. Government of India on 19 July 2011 appointed Usha Ananthasubramanian, former general manager of Bank of Baroda (BoB) as executive director of which public sector lender?
a. Central Bank of India
b. Punjab National Bank
c. United Bank of India
d. Gramin Bank
Ans: b

8. Name the public sector lender that selected Metlife as its partner for a proposed foray into the life insurance segment.
a. Syndicate Bank
b. Punjab National Bank
c. Corporation Bank
d. United Bank of India
Ans: b

9. Which bank signed a memorandum of understanding with Dewan Housing Finance Corporation (DHFL) under which DHFL will distribute home loans to Yes Bank's customers?
a. Canara Bank
b. ABN Amro bank
c. Yes Bank
d. HSBC
Ans: c

10. Which life insurance company in India launched a new non-linked health insurance plan, Jeevan Arogya?
a. HDFC Standard Life Insurance Co. Ltd
b. Life Insurance Corporation of India
c. IDBI Fortis Life Insurance Company Ltd.
d. SBI Life Insurance Co. Ltd
Ans: b

11. Which of the following public sector banks in November 2011 froze its lending to the power sector?
a. State Bank of India
b. Allahabad Bank
c. Punjab National Bank
d. United Bank of India
Ans: b

12. Which Indian bank on 10 May 2011 raised benchmark prime lending rate 75 basis points to 14% following raising of interest rates by RBI by basis points on 3 May 2011?
a. State Bank of India
b. Union Bank
c. Punjab National Bank
d. Bank of Baroda
Ans: a

13. The Reserve Bank of India on 26 April 2011 fined 19 banks, including the country's top private and foreign banks for violating its guidelines on derivatives. Which is the only public sector bank on the list of banks to be fined?
a. State bank of India
b. Punjab National Bank
c. Bank of India
d. Indian Bank
Ans: a

14. The Reserve Bank of India on 25 August 2011 released its Annual Report for 2010-11. Which of the following was not discussed in the Annual Report the Central Board of the RBI?
a. assessment of the macroeconomic performance during 2010-11
b. prospects for 2011-12
c. working and operations of the Reserve Bank and its financial accounts
d. role of regulatory bodies in controlling the financial markets
Ans: d

15. Reserve Bank of India (RBI) panel headed by headed by Usha Thorat, Director, Centre for Advanced Financial Research and Learning (CAFRAL) on 29 August 2011 came up with suggestion on non-banking finance company (NBFC). Which of the following related to this statement is not true?

1. The panel suggested the central bank to insist on a minimum asset size of more than Rs.25 crore for registering any new non-banking finance company (NBFC)
2. Transfer of shareholding, direct or indirect, of 25 per cent and above, change in control, merger or acquisition of any registered NBFC will require prior approval of the Reserve Bank.
3. Tier-I capital for capital to risk weighted assets ratio (CRAR) purposes would be specified at 12 per cent to be achieved in three years for all registered deposit-taking and non-deposit-taking NBFCs.
4. NBFCs would be subject to regulations similar to banks while lending to stock brokers and merchant banks and similar to stock brokers, as specified by the Securities and Exchange Board of India (SEBI)

a. 1 & 4
b. 2 & 4
c. Only 4
d. Only 1
Ans: d

16. Which Indian PSU bank in tune with its plans to expand its retail division in the UK entered the mortgage market in the country for the first time?
a. Punjab National Bank
b. Oriental Bank of Commerce
c. State bank of India
d. Indian Overseas Bank
Ans: c

17. Which of the following banks set up two loan processing centres for the small and medium enterprise (SME) segment on a pilot basis in Bangalore & in New Delhi in September 2011?
a. Corp Bank
b. United Bank of India
c. Syndicate Bank
d. Bank of Baroda
Ans: c

18. The government suspended M Ramadoss for alleged violations in issuing insurance cover to an airline during his stint as head of another state-run insurer. To which insurance group did he belong to?
a. New India Assurance
b. LIC
c. GIC
d. ICICI Insurance
Ans: a

19. Which of the following banks in early May 2011 entered into a tie-up with non-banking finance companies such as Future Capital, Bajaj Finance, and Reliance Capital to grow its retail portfolio?
a. Central Bank of India
b. State Bank of India
c. Bank of India
d. HDFC Bank
Ans: a

20. Which are the two Gujarat-based cooperative sector lenders on which Reserve bank of India imposed a financial penalty of Rs 1 lakh each for violation of various rules, including anti-money laundering guidelines?
1. Shree MahalaxmiMercantile Co-operative Bank
2. Rander People's Co-operative Bank
3. Abad District Co Op Bank
4. Ahd Mercantile Co-Op Bank Ltd
a. 1 & 2
b. 2 & 3
c. 1 & 4
d. 3 & 4
Ans: (a)