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5th December 2015, 08:37 AM
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Join Date: Apr 2013
Re: IBPS PO general awareness bits

General awareness is the section related to the day to day knowledge. The topics asked in this section are General knowledge, terms related to marketing, banking, and finance

Syllabus

Banking Awareness

Abbreviations: The abbreviations of common banking terms, currencies, or policies are asked under these types of questions.

The abbreviations are related to bank’s functioning, common terms that are related to day to day transactions, the policies which are initiated for mass levels, new schemes for customer benefits, names of organizations, etc.

Awards and Honors:

This section includes questions about recent winnings of popular awards in national and international context.

The yearly awards or honors in gallantry, literature, sciences, etc. are asked under this topic.

The famous awardees of the year, people who were honored in different fields, prizes won by champions in national, international games. It also includes famous prizes like Wimbledon, Pulitzer, Noble Prizes,

Books and authors:

Important Dates:


Indian states and culture:

Indian Cities:

National Emblems

Sample questions

What is a Repo Rate?

(A) It is a rate at which RBI sell government securities to banks
(B) It is a rate at which banks borrow rupees from RBI
(C) It is a rate at which RBI allows small loans in the market
(D) It is a rate which is offered by Banks to their most valued customers or prime customers
(E) None of these

Which of the following cannot be called as a Debt Instrument as referred in financial transactions?

(A) Certificate of Deposits
(B) Bonds
(C) Stocks
(D) Commercial Papers
(E) Loans

Whenever RBI does some Open Market Operation Transaction, actually it wishes to regulate which of the following?

(A) Inflation only
(B) liquidity in economy
(C) Borrowing powers of the banks
(D) Flow of Foreign Direct Investments
(E) None of these

The maximum amount of the total Revenue earned by the government of India comes from:

(A) Income Tax
(B) Customs Duty
(C) Excise Duty
(D) Value Added Tax
(E) Corporate Tax

In economics it is generally believed that the main objective of a Public Sector Financial Company like Bank is to:

(A) Employ more and more people
(B) Maximize total profits
(C) Maximize total production
(D) Provide financial service to the people of the nation of its origin across the country
(E) Sell the goods at subsidized cost

Capital Market Regulator is—

(A) RBI (B) IRDA (C) NSE (D) BSE (E) SEBI


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