9789386146717 Practice Set 2 for Ibps
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1 PRACTICE SET 2 FOR IBPS CLERK MAINS This Practice Set is taken from: ISBN : 9789386146717 2 General Awareness (e) Only 1 (With Special Reference to Banking Industry) 7. Which of the following public sector banks has the largest 1. Which of the following is the full form of the term SLR as number of branches in foreign countries? used in the banking sector? (a) Bank of India (b) Bank of Baroda (a) Social Lending Ratio (c) Punjab National Bank (d) Corporation Bank (b) Statutory Liquidity Ratio (e) None of these (c) Scheduled Liquidity Rate 8. TRAI stands for (d) Separate Lending Rate (a) Telephone Regulatory Authority of India (e) None of these (b) Telegram Regulatory Authority of India 2. As we all know, the major source of income of the banks is (c) Telecome Regulatory Authority of India lending money (providing credit) and earning interest on it. (d) Telecom Regulation Authority of India In normal circumstances, the demand of the credit comes (e) None of these mainly from which of the following sectors ? 9. What is an Indian Depository Receipt? 1. Personal Loans (a) A deposit account with a Public Sector Bank 2. Priority Sector Lending and Bailout Packages (b) A depository account with any depositories in India 3. Project Finance (c) An instrument in the form of depository receipt created (a) Only 1 (b) Only 2 (c) Only 3 (d) All 1, 2 and 3 by an Indian depository against underlying equity (e) None of these shares of the issuing company 3. One of the sources of income of banks is to charge fee for (d) An instrument in the form of deposit receipt issued by certain services. What are some of the services provided by Indian depositories the banks for which they charge fee? (e) None of the above 1. Issuing Demand Drafts/Pay Orders 10. Reverse Repo means 2. Issue of ATM/Credit/Debit Cards (a) Injecting liquidity by the Central Bank of a country 3. Electronic Transfer of Money through purchases of Govt. securities (a) Only 1 (b) Only 2 (b) Absorption of liquidity from the market by sale of (c) Only 3 (d) All 1, 2 and 3 Govt. securities (e) None of these (c) balancing liquidity to maximize economic growth 4. Many banks have launched/ floated their subsidiaries which (d) improving availability of securities in the market are fully owned by them. Banks launch subsidiaries normally (e) None of the above for which of the following businesses? 1. Home Loan Business 11. Currency Swap is an instrument to manage 2. To sell Insurance Policies (a) Currency risk 3. To Control Online Operations or Internet Banking (b) Interest rate risk Business (c) Both currency and interest rate risk (a) Only 1 (b) Only 2 (d) Flows of foreign exchange (c) Only 3 (d) All 1, 2 and 3 (e) All of the above (e) None of these 12. The advantage of the Ru Pay scheme launched by RBI are : 5. "The set of directive principles issued by the Central Bank (a) Processing fee is 40 $ lower than other cards. of a country or the process adopted by it to control the (b) The shop keepers will benefit as their processing supply of money, availability of money, cost of money and charge would be lower. rate of interest, etc. in order to bring stability and growth of (c) Customers will benefit as lower margin goods would the economy" are commonly known as- be available to them (a) Monetary policy of the Central Bank of the country (d) India will save in foreign exchange as VISA and (b) Budget of the Govt. mastercard are paid in foreign exchange. (c) Profit and Loss Account (d) Business Policy of the Bank (e) All of the above. (e) None of these 13. Reserve Bank of India is the apex bank of India. In USA the 6. When the common people of a nation start getting very apex bank is called : high salary or wages, the consumption of the goods like (a) Bank of America eatables and white goods, also start increasing. This (b) Federal Reserve (c) Central Bank of USA situation brings which of the following types of inflation in (d) Central National Bank of USA the economy? (e) None of the above 1. Cost push inflation 14. Consider the following programmes: 2. Demand pull inflation (A) Sarva Shiksha Abhiyan 3. Low inflation (B) Navodaya Vidyalaya (a) Only 1 and 3 (b) Only 2 (C) Ultra Mega Power Project (c) Only 3 (d) All 1, 2 and 3 3 Which of the above programmes is/are being implemented (c) Shubha Mudgal in all the districts of the country? (d) Sandip Banerjee (a) Only (A) (b) Only (B) (e) None of these (c) Only (C) (d) Only (A) and (C) 23. Which Railway Station topped in cleanliness ranking in (e) All (A), (B) and (C) Vijayawada division and the Secunderabad based South 15. Which of the following statements is/are correct about initial Central Railway zone in implementing Swachh Bharat public offering (IPO)? guidelines? (A) It is the first sale of stocks by a company to the public. (a) Gudiwada (b) Nellore (B) It is often issued by smaller, younger companies (c) Kondapalli (d) Guntur seeking the capital to expand, but can also be brought (e) None of these by large companies looking to become publicly traded. 24. F1 Legend Chris Amon has passed away at the age of 73 on (C) It is a risky investment for investors as most IPOs are August 3rd 2016 due to Cancer. He belonged to which of companies going through a transistory growth country? (a) France (b) New Zealand period and their future values are uncertain. (c) United States (d) Canada Which of the above statements is/are correct? (e) None of thse (a) Only (A) (b) Only (B) 25. What is the following game not added in Olympics 2020 as (c) Only (C) (d) Only (A) and (C) per Tokyo's agenda by International Olympic Committee? (e) All (A), (B) and (C) (a) Baseball (b) Karate 16. Banks need liquidity to meet which of the following (c) Skateboard (d) Cricket objectives of banking? (e) None of these (A) To meet deposit withdrawal 26. Who has been appointed as the Non-Executive Director of (B) To maintain public confidence the TATA International Limited with effect from 1st August (C) To fund loan demands. 2016? (a) Only (A) (b) Only (B) (a) Jothi Premnarayen (b) Deepak Premnarayen (c) Only (C) (d) Only (A) and (B) (c) Mohit Premnarayen (d) Rohit Premnarayen (e) Only (A) and (C) (e) None of these 17. Who amongst the following is the author of the book The 27. Aadi Peruku is celebrated in which state? Sense of Ending? (a) Karnataka (b) Madhya Pradesh (a) Julian Barnes (b) Aravind Adiga (c) Kerala (d) Tamil Nadu (c) John Banville (d) Yann Martel (e) None of these (e) Howard Jacobson 28. Union Government signed New Air Services Agreement with 18. Who has been elected to assume his office as the new Chief which country to boost trade, investment, tourism and Minister of Gujarat? cultural exchange? (a) Vijay Rupani (b) Anandiben Patel (a) Mauritius (b) Lao (c) Nithin Patel (d) Ajay Rupani (c) Manoco (d) Nauru (e) None of these (e) None of these 19. Which State Government is proposed to implement the 7th 29. What is the theme of Swachh Bharat special campaign is pay commission recommendations in the state form being organized by The Ministry of Drinking Water and November 1 2016? Sanitation throughout August 2016? (a) Madhya Pradesh (b) Uttar Pradesh (a) Liberation from Open Excretion (c) Goa (d) Tamilnadu (B) Freedom from Open Excretion (e) None of these (c) Freedom from Open Defecation 20. Lokesh Rahul is related to which sport ? (d) Liberation from Open Defecation (a) Swimming (b) Hockey (e) None of these (c) Cricket (d) Tennis 30. Who is the author book titled "Until the Lions: Echoes from (e) None of these the Mahabharata" ? 21. What is the name of website which is launched by the (a) Karthika Nair (b) Tishani Doshi Reserve Bank of India to curb illegal and unauthorized (c) Gopika Jadeja (d) Anand Thakore pooling of funds by unscrupulous firms? (e) None of these (a) sarkar.rbi.org.in (b) sachet.rbi.org.in 31. Which IAS officer has been named as secretary to Prime (c) paisa.rbi.org.in (d) avaidh.rbi.org.in Minister Narendra Modi? (e) None of these (a) Sunil Kumar Gulati 22. Who has been awarded as 23rd Rajiv Gandhi National Sadbhavna Award for her exceptional contribution in the (b) Hardeep Kumar areas of communal harmony? (c) Bhaskar Khulbe (a) M.Balamurali Krishna (d) Krishan Kumar Jalan (b) Abdul Rashid Khan (e) None of these 4 32. Who has been appointed as new Chief Justice of Allahabad (a)4 (b) 270 High Court? 1 1 (a) Dilip Babasahen Phalke (c) (d) 4 270 (b) Dilip Babasaheb Bhosale (c) Dilip Santhosh Bhasal (e) None of these (d) Dilip Babu Phalke 42. If 3n 81 , then n = ? (e) None of these (a)2 (b) 4 33. Which High Court has been renamed as per resolution (c)6 (d) 8 passed by the state government Assembly? (e) None of these (a) Guwahathi (b) Kolkata 10 110 (c) Madras (d) Chandigarh 43. (e) None of these 11? 34. Anti-corruption Index, the first of its kind in India will be (a) 111 (b) 1100 launched by which of the following state ? (c) 121 (d) 100 (a) Kerala (b) Maharashtra (e) None of these (c) Jammu & Kashmir (d) Rajasthan 20 u8 0.5 (e) None of these 44.