General Knowledge Test Paper 7

Section – III :  General Awareness/Marketing/Computer

1.  A new economic term GIRO is being reported in newspapers recently. What does GIRO stand for?

  1. Government Internal Revenue Order
  2. Government Internal Resource Order
  3. Government Internal Record Order
  4. Government Internal Related Order
  5. Government Internal Revaluation Order

2. . Financial inclusion means provision of

  1. ration at affordable cost to persons not yet given the same
  2. financial services, namely, payments, remittances, savings, loans and insurance at affordable cost to persons not yet given the same
  3. house at affordable cost to persons not yet given the same
  4. food at affordable cost to persons not yet given the same
  5. education at affordable cost to persons not yet given the same

3. Jifi Saver is the name of the social savings account launched by which of the following banks recently?

  1. HDFC Bank
  2. ICICI Bank
  3. Kotak Mahindra Bank
  4. Axis Bank
  5. Canara Bank

4. .  Which of the following Indian banks is the only Indian bank to enter into the top 50 ‘Most valued banks’ of 2014?

  1. ICICI Bank
  2. State Bank of India
  3. Axis Bank
  4. HDFC Bank *
  5. None of these

5. Which of the following is a correct statement?

  1. Savings deposits are the same as current deposits
  2. Interest is paid on current accounts at the same rate as term deposit accounts
  3. The rate of interest on current account and savings account are the same
  4. No interest in paid on any deposit by the bank
  5. Normally no interest is paid on current deposit accounts

6. Which of the following has been appointed as the chairman of the committee constituted for the revamping of the Urban Cooperative Banking sector?

  1. R. Gandhi *
  2. Urjit Patel
  3. S.S. Mundra
  4. H.R. Khan
  5. None of these

7. Which of the following policies is known as Annual Policy Statement?

  1. Credit and monetary policy of RBI
  2. Annual budget of Central Govt.
  3. Foreign trade policy of DGFT
  4. Regulations issued by SEBI
  5. None of these

8. Which of the following is a correct statement?

  1. State Bank of India is the sole authority to issue and manage currency in India
  2. A nationalised bank is the sole authority to issue and manage currency in India
  3. RBI is the sole authority to issue and manage currency in India
  4. A cooperative bank is the sole authority to issue and manage currency in India
  5. None of these

9. Interest payable on savings bank account is

  1. regulated by State Government
  2. regulated by Central Government
  3. regulated by RBI
  4. not regulated by RBI
  5. regulated by Finance Minister

10. Credit Rating

  1. is necessary before giving promotion to employees
  2. is used to work out performance of the employees
  3. is used to calculate the number of excellent audit-rated branches
  4. is not used in any bank
  5. is used to rate the borrowers while giving advances

Explanations

1. 1

2. 2

3. 3

4. 4

5. 5

6. 1

7. 2

8. 3

9. 4

10. 5