BANKING AWARENESS PRACTICE MCQs

1. What is India's rank in this year's Global Peace Index (GPI) that measured peace in 162 countries? 
1) 141
2) 110
3) 132
4) 134 
5) 152


2. The Reserve Bank of India imposed fine on which of the following private sector banks for violation of KYC (Know Your Customer) norms in June 2013? 
1) Axis Bank 
2) HDFC Bank 
3) ICICI Bank 
4) Both 1 and 2 
5) All 1, 2 and 3 

3. Rafael Nadal of Spain won the French Open Men's Lawn Tennis Grand Slam title for a record 8th time. Whom did he defeat in the final in Paris in June 2013?
1) Roger Federer
2) Novak Djokovic 
3) David Ferrer
4) Andy Murray
5) Jo Wilfred Tsonga 

4. Who was appointed the United States National Security Adviser in June 2013? 
1) Samantha Power 
2) John McCain 
3) Lindsey Graham 
4) Susan Rice
5) John Kerry 


5. Who won her second French Open Women's tennis title in Paris on June 8, 2013?
1) Maria Kirilenko 
2) Maria Sharapova 
3) Jelena Jankovic 
4) Victoria Azarenka 
5) Serena Williams 

6. Who was re-elected as the Chairman of the Indian Banks' Association (IBA) for 2013-14 tenure in June 2013?
1) Aditya Puri 
2) Pratip Chaudhuri 
3) Rana Kapoor 
4) K.R.Kamath 
5) B.A.Prabhakar 

7. The headquarters of European Union is situated in which of the following countries?
1) UK
2) Germany 
3) France 
4) Belgium 
5) Netherlands 

8. The name 'Bluetooth' gets its name from a 10th century king of?
1) China
2) Denmark 
3) Greece
4) Thailand 
5) Spain 

9. Baglihar Dam is constructed on the river?
1) Chenab 
2) Raavi 
3) Indus 
4) Sutlej 
5) Beas 

10. Which country will host both the World Cup Football 2014 and Olympics 2016?
1) Russia 
2) USA 
3) Brazil 
4) Japan 
5) Germany 

11. Bharat Ratna was instituted in? 
1) 1954 
2) 1955 
3) 1961
4) 1969
 5) 1960

12. The present Pope chosen in March 2013 hails from?
1) Canada 
2) Mexico 
3) Brazil 
4) Argentina 
5) Uruguay 

13. 'Paradise Regained' was written by? 
1) John Keats 
2) Charles Dickens 
3) John Milton 
4) Oliver Goldsmith 
5) Lord Byron 

14. 'CRY' is an NGO which works for the welfare of?
1) Senior citizens
2) Cancer patients 
3) War victims 
4) Children 
5) AIDS patients

15. The USP of a Current account is?
1) High minimum balance 
2) No restrictions on transactions 
3) No interest payable 
4) Restricted deposits 
5) None of these

16. Leads for Home Loans can be obtained from?
1) Traders
2) Trusts 
3) Builders 
4) Cooperative societies 
5) None of these 


17. The target group for SME loans is?
1) Students 
2) Housewives 
3) Entrepreneurs 
4) Salaried persons 
5) Government undertakings

18. Which of the following terms is used in the field of finance and banking?
1) Metabolism 
2) Genetic process 
3) Centrifugal force 
4) Debt instrument 
5) Experimental error

19. The National Social Security Fund (NSSF) helps which of the following groups of society?
1) Bank employees 
2) Central government employees 
3) Workers in the unorganized sector 
4) Workers in the textile industry
5) Women employees 

20. Which of the following tools is used by the RBI to control credit and monetary situations of the markets?
1) RTGS 
2) NEFT 
3) ECS
4) CRR 
5) Balance of trade 

21. Which of the following countries is located in South America?
1) South Sudan 
2) South Korea 
3) Uganda 
4) Angola 
5) Uruguay 

22. Which of the following is the currency of Myanmar? 
1) Taka 
2) Dinar 
3) Kyat 
4) Yen 
5) Dollar 

23. Which of the following terms is not used in the field of Economics?
1) Net income 
2) Cost of project 
3) Flow of fund 
4) Balance sheet 
5) Cold chain

24. Reverse Mortgage scheme is designed keeping which of the following groups of society in consideration? 
1) Defense personnel 
2) Senior citizens 
3) Youngsters who just started earning 
4) Dependent women 
5) None of these 

25. What happens when an economy is in recession?
1) GDP growth slows down 
2) Unemployment rate rises 
3) Bankruptcies rise 
4) Both 1 and 2 
5) All 1, 2 and 3

26. Retail investors means which of the following types of stock market investors?
1) Mutual funds 
2) Corporate bodies 
3) Promoters of companies 
4) Individuals 
5) FIIs

27. Which of the following is not an agricultural commodity?
1) Cardamom 
2) Cumin 
3) Garlic 
4) Turmeric 
5) Sulphur 

Answers:

1) 1; 2) 5; 3) 3; 4) 4; 5) 5; 6) 4; 7) 4; 8) 2; 9) 1; 10)3; 
11) 1; 12) 4; 13) 3; 14) 4; 15)2; 16) 3; 17) 3; 18) 4; 19) 3; 20) 4;
21) 5; 22) 3; 23) 5; 24) 2; 25) 5; 26) 4; 27) 5;