INDIAN SCHOOL OF BANKING

GENERAL AWARENESS

J CURRENT J
AFFAIRS
JANUARY - 2014

Unlimited Practice only at

Our Branches @ Twin Cities

AMEERPET

DILSUKHNAGAR

206B, 2nd Floor

Pancom Business Centre,

Opp. Kalaniketan Wedding Mall

K.P.H.B.
Road No. 2, III Floor

Chennai Shoping Mall,

Ameerpet

Beside : Gowtam Model School

Dilsukhnagar

Near R.S. Brothers

Hyderabad - 500 016

Hyderabad - 500 036

Hyderabad - 500 072,

Ph : 92468 88377

Ph : 92468 88378

Ph : 92468 88376

SECUNDERABAD
1st Floor, West Block

Above Kotak Mahendra ATM

ABIDS
Opp. Chermas,
Lenaine Estate,

Archana Arcade

9/A-Block A, 3rd Floor,

Opp : Rethifile Bus station

Next to SBH Office

Hyderabad - 500 003

Hyd. - 500 001

Ph : 92468 88379

Ph : 92468 88381

www.isbcoaching.com UJ

ISB

INDIAN SCHOOL OF BANKING

GENERAL AWARENESS

1) Gabriela Isler of ______ crowned Miss Universe 2013.

Venuzula

2) The Government of India recently decided to confer, the Bharat Ratna, the highest civilian
award on eminent scientist Prof. ______ and cricket icon Sachin Tendulkar. CNR Rao
3) The Government appointed ______ the first Chairperson and Managing Director (CMD)
of Bharatiya Mahila Bank, the first all-woman bank.
Usha Anantha Subramanian
4) Recently-retired batting legend Sachin Tendulkar became ______s first brand ambassador for South Asia and is all set to work in promoting hygiene and sanitation in the region.
UNICEF
5) ______ to host 2018 Hockey World Cup.

India

6) The Government has decided to appoint Air Marshal ______

Arup Raha

7) ______ has been appointed as the chairman of National Payments Corporation of India
(NPCI).
M. Balachandran

8) ______ was appointed as the new chairman of Pension Fund Regulatory and Development Authority (PERDA), after Yogesh Agarwal resigned from the post.
Anup Wadhawan
9) The 12th edition of the Pravasi Bharatiya Divas (PBD) convention to be held in _____ will
have Engaging Diaspora : Connection Across Generations as its theme. New Delhi

10) Former Union Home Secretary ______ was appointed as the new Chairman of MCX
Stock Exchange (MCXSX).
Gopal Krishna Pillai
11) ______ selected for this years prestigious Indira Gandhi Prize for Peace, Disarmament
and Development.
Angela Merkel, German Chancellor

12) LG ICC Peoples Choice Award 2013 won by ______, only the SEcond Indian Cricketer
to win this prize after Sachin Tendulkar.
M.S. Dhoni
13) The 22nd Commonwealth Heads of Government Meeting (CHDGM) held in ______ on
the theme Growth with Equity : Inclusive Development.
Colombo, Srilanka
14) Indias ______ won the Macau Open Grand Prix Gold Badminton title with a thumping win
over Canadas Michelle Li.
P.V.Sindhu
15) World number one ______ won world Chess Championship title defeated Viswanathan
Anand in ten games in Chennai, India, Scoring three victories and Seven draws.
Magnus Carlsen, Norway
16) ______ won Formula Ones Brazilian Grand Prix.

Sebastian Vettel

17) ______ recently became the third cricketer in the world to score a double hundred in an
ODI match.
Rohit Sharma
18) National Education Day is celebrated on ______

11th November

19) ______, who became the fastest batsman to reach the 5000-run mark in ODI Cricket
recently.
Virat Kohli

ISB

INDIAN SCHOOL OF BANKING

GENERAL AWARENESS

20) ______ is the new penalty fixed by the Department and Telecom for companies whose
mobile towers will be found violating radiation emission levels.
10 Lakhs
21) ______ Tehelka editor who is facing rape charge.

Tarun Tejpal

22) The new chairman of the 20th Law Commission of India is ______ Ajit Prakash Shah
23) The 23rd Commonwealth Heads of Government Meeting (CHDGM) will be held in 2015 in
______
Malta
24) ______ is to be the next President of the FICCI in 2014.

Siddhartha Birla

25) Smarte Trekk is the autobiography of ______

Magnus Carlsen, Norway, World Chess Champion
26) ______ is the name of Indias first inter-planetary mission MOM (Mars Orbiter Mission).
Mangalayaan

27) ______ is the first female managing director of the LIC of India appointed recently.
Usha Sangwan
28) ______ launched a nationwide campaign named Take the Poo to Loo in India to raise
awareness against open defecation.
UNICEF
29) ______ Crowned Miss Asia Pacific World 2013.

Srishti Rana, India

30) Indias CAG (Comptroller and Auditor General) ______ elected to the UN Board of
Auditors recently.
Shashi Kant Sharma

31) Viktor Orban, Prime Minister of ______ Visited India.

Hungary

32) India launched its ambitious pension scheme, The Mahatma Gandhi Pravasi Suraksha
Yojana for over five million overseas workers in ______
Dubai
33) The IHF elected ______ as the president of the Indian Hockey Federation.
Kanwar Deep Singh

34) Recently retired Cricket Icon Sachin Tendulkar played his last test match against ______
West Indies
35) ______ has been conferred with the European Unions Prestigious Sakharov Prize 2013.
Malala Yousufzai
36) ______ is the male World Athlete of the year 2013.
37) ______ is the female World Athlete of the year 2013.

Usain Bolt
Shelly-Ann Fraser-Pryce

38) The Prime Minister announced ______ crores assistance to the each of the phailinaffected states of Andhra Pradesh and Orissa.
1000
39) The Vice-President Hamid Ansari went to ______, ______ and ______ on an eight-day
official visit recently.
Cuba, Peru and the UK
40) ______ succeeded Salman Bashir as Pakistans next high commissioner to India.
Syed Ibne Abbas

ISB

INDIAN SCHOOL OF BANKING

GENERAL AWARENESS

Banking Special:
41) The Reserve Bank of India relaxed norms for non-banking finance companies (NBFCs)
in insurance jooint ventures by allowing them to hold more than 50 percent in such
companies.
42) The Reserve Bank of Iindia decided to include bank loans to medium manufacturing
enterprises as priority sector advances.
43) The RBI allowed commercial banks to revise the periodicity of interest payments. It has
been decided to give banks the option to pay interest on savings deposits and term
deposits at intervals shorter than quarterly intervals. presently, banks are required to pay
interst on savings and term deposits at quarterly or longer intervals.
44) The Finance Ministry annouced that it would infuse Rs.14,000 crore capital in various
banks in this fiscal.

45) The Reserve Bank of India has directed PSBs to provide credit to women Self Help Groups
(SHGs) at 7% Per annum.
46) The Reserve Bank of India (RBI) has relaxed the norms for the foreign banks opertions in
India recently.

The RBI has permitted wholly-owned subsidiary (WOS) of foreign banks to acquire

domestic private sector banks as well as set up branches anywhere in the country.

It has also allowed foreign bank subsidiary to list on local stock exchanges.

The Initial minimum paid up voting equity capital for a WOS would be 500 crores for the

new entrants.

The WOS may dilute their stake to 74% or less in accordance with the existing FDI policy.

47) The Reserve Bank of India directed public sector banks to provide credit to woman Self
Help Groups (SHGs) that for all loans up to 3 lakh sanctioned to women SHGs on or after
1 Dec 2013, banks must charge an interest an interest rate of 7% so as to get the benefit
of interest subvention scheme under the Swarnajayanti Gram Swarozagar Yojana (SGSY),
Aajeevika.
48) The Central Board of direct Taxes has made e-filing of income-tax returns mandatory for
all assesses whose annual earnings exceed 20 lakhs during the fiscal.
49) The RBI opened a 5000 crore rupees refinance window for a period of one year for the
Micro and Small Enterprises (MSE) sector. The amount of Rs. 5000 crore will be provided
to the Small Industrial Development Bank of India (SIDBI).
50) First all-woman bank, Prime Minister Manmohan Singh launching the Bharatiya Mahala
Bank in Mumbai. The Bank, head quartered in New Delhi, was launched with a corpus of
Rs. 1000 crore. The bank started operations with Seven branches and as many automated teller machines. It has targeted setting up 25 branches and 100 ATMs by March.

ISB

INDIAN SCHOOL OF BANKING

GENERAL AWARENESS

1. Eleanor Catton recently became the yougnest even winner of the Man Booker Prize
for her novel The Luminaries. She belongs to which of the followig countries?
1) Australia

2) USA

3) New Zealand 4) Japan

5) None of these

2. Who of the following has been recently presented with the first National Yash Chopra
Memorial Award?
1) Meera Kumar

2) Manoj Kumar

4) Amir Khan

5) None of these

3) Lata Mangeshkar

3. Martha Dodray, a health worker has recently won the global UN Award for her
commitment and dedication to eradicate Polio in India. She is related to which of
the following states?
1) Bihar

2) Kerala

3) Chhattisgarh 4) Jharkhand

5) None of these

4. Who of the following has recently won the presidential elections in Maldives?
1) Mohammad Jamil Admed

2) Abdulla Yameen

4) Maumoon Gayyoom

5) None of these

3) Mohammad Nasheed

5. Who of the following Indian women has topped the list of Indias most powerful
business women according to business magazine Fortune?
1) Shikha Sharma

2) Arundhati Bhattacharya

4) Kiran Majumdar Shaw

5) None of these

3) Chanda Kochhar

6. Who of the following was appointed the new army chief of Pakistan?
1) Rashid Amla 2) P.V. Naik

3) Aarif Tomar

4) Raheel Sharif 5) None of these

7. Who of the following was recently conferred with the Prestigious Mother Teresa
Memorial International Award for social justice 2013?
1) Sushmita Sen
4) Medha Patkar

2) Jaya Bachchan

3) Ila Bhatt

5) None of these

8. Who of the following was recently appointed the Director General (DG) of Indo
Tibetan Border police (FTBP)?
1) Ajay Chadha
4) Kunal Kapoor

2) Subhas Goswami

3) Ranjit Sinha

5) None of these

9. Who of the following has recently become the firstever recipient of the 1 million
Dollar genesis prize, an award popularly dubbed the Jewish Nobel Prize?
1) Michael R. Bloomberg

2) Barack Obama

4) Bobby Jindal

5) None of these

3) Benjamin Netanyahu

10. Who of the following was recently appointed the managing director and chief
executive director of the LIC Housing Finance?
1) Sunita Sharma

2) V.K. Sharma

4) Srishti Sharma

5) None of these

ISB

3) Shikha Sharma

INDIAN SCHOOL OF BANKING

GENERAL AWARENESS

11. India and which of the following countries recently signed the bilateral agreement
for the promotion and development of traditional systems of medicine?
1) Hungary

2) Russia

3) Nepal

4) Serbia

5) None of these

12. Which of the following statement/s is/are true about Prof. C.N.R. Rao, recently
declared Bharat Ratna by Government of India?
1) Prof. CNR Rao is Honorary President of Jawaharlal Nehru Centre for Advanced
Scientific Research, Bangalore, India
2) He is presently serving as the head of the Scientific Advisory Council to the Prime
Minister of India
3) Sachin Tendulkar will also be awarded with him.
1) Only 1

2) Only 2

3) Both 1 and 2 4) All 1, 2 and 3 5) None of these

13. India with which of the following countries has recently signed Border Defence
Cooperation Agreement (BDCA)?
1) Nepal

2) China

3) Pakistan

4) Bangladesh

5) None of these

14. Which of the following states recently topped the list of best business destinations
in India as per the study done by Global Initiative for Restructuring Environment
and Management?
1) Chennai

2) Mumbai

3) Bangalore

4) Pune

5) None of these

15. Indias largest Air Traffic Control (ATC) tower has been recently inaugurated at
which of the following place?
1) Rajiv Gandhi International Airport
3) Bangalore International Airport
5) None of these

2) Mumbai International Airport

4) Indira Gandhi International Airport

16. Which of the followign states has recently become the first state in the country to
ban e-cigarettes?
1) Himachal Pradesh
5) None of these

2) Punjab

3) Haryana

4) Uttarkhand

17. India recently signed an agreement with which of the following countries to
produce indigenous ethanol and reduce countrys dependence on its import?
1) Finland

2) USA

3) Venezuela

4) Iran

5) None of these

18. The She Taxi project, which is aimed at ensuring safe travel for women, will be
recently launched in which of the following states?
1) Gujarat

2) Kerala

3) Goa

4) Mizoram

5) None of these

19. Prime Minister of India, Dr. Manmohan Singh recently inaugurated the Sardar
Vallabhbhai Patel National Museum at which of the following Places in Gujarat?
1) Ahmedabad

2) Gandhi Nagar 3) Baroda

ISB

4) Jamnagar

5) None of these

INDIAN SCHOOL OF BANKING

GENERAL AWARENESS

20. Which of the following schemes is recently launched as pension and life insurance
fund scheme for blue collar Indian Workers in Dubai?
1) Rajiv gandhi Pravasi Suraksha Yojana 2) Mahatma Gandhi Pravasi Sandhya Yojana
3) Rajiv Gandhi Pravasi Sandhya Yojana 4) Mahatma Gandhi Pravasi Suraksha Yojana
5) None of these
21. Which of the following place is declared as the first zero-landless district in the country?
1) Kannur

2) Medak

3) Nasik

4) Mysore

5) None of these

22. INS Vikramaditya aircraft carrier was recently inducted to the India Navy. What is
the original name of this aircraft carrier?
1) Long Beach

2) Sea Tiger

3) Sea Horse

4) Baku

5) None of these

23. Which of the following airports were recently declared as international airports by
the Union Cabinet of India?

1) Bhubaneswar and Imphal

2) Gaya and Imphal

3) Chandigarh and Ahmedabad

4) Ranchi and Srinagar

5) None of these

24. India has recently signed a treaty to transfer of sentenced prisoners in the jails in
th two countries, with which of the following countries?
1) Vietnam

2) US

3) Malaysia

4) Nepal

5) None of these

25. Which of the following countries recently begin hand in hand, a 10 day antiterror military drill with India?
1) Afghannistan 2) China

3) Nepal

4) Sri Lanka

5) None of these

26. Which of the following countries recently banned its citizens from travelling abroad
to look for work?
1) Israel

2) South Africa

3) Ethiopia

4) Sweden

5) None of these

27. The worlds first publicly accessible ATM machine which can exchange digital
currency (Bitcoins) for any official currency has recently launched in which of the
following countries?
1) Canada

2) France

3) Japan

4) USA

5) None of these

28. Which of the following is the only country in the world that effectively prohibits
women from driving recently?
1) Iran

2) Kuwait

3) Saudi Arabia 4) Iraq

5) None of these

29. Which of the following nations has recently signed a comprehensive free trade
agreement with European Union to boost growth and employment?
1) USA

2) Canada

3) Japan

4) Russia

5) None of these

30. Which of the following bank has recently entered into a business tie-up with Indian
Railways IRCTC to offer online train ticketing services to its customers?
1) ING Vysya Bank

2) SBI

ISB

3) YES Bank

4) HDFC Bank

5) None of these

INDIAN SCHOOL OF BANKING

GENERAL AWARENESS

31. The Reserve Bank of India (RBI) has recently permitted the Wholly Owned
Subsidiaries of the foreign banks to acquire the domestic private sector banks. In
such foreign bank will not be allowed to hold more than _______ in a private sector
banks they may acquire.
1) 25%

2) 49%

3) 51%

4) 76%

5) None of these

32. Which of the following companies has emerged as Indias top-notch brand in
Banking and Financial industry (BFSI) category, according to a report titled Indias
Most Attractive Brands?
1) ICICI Bank

2) SBI

3) LIC

4) Axis Bank

5) None of these

33. Tata Communications Payment Solutions Ltd (TCPSL), a wholly owned subsidiary
of Tata Communications Ltd, recently iaugurated Indicash. ATMs at which of the
following places?
1) Mysore

2) Thane

3) Lucknow

4) Mumbai

5) None of these

34. Which of the following Bank has recently launched a new Facebook-app that will
enable its customers to transact directly from the social networking site?
1) ICICI Bank

2) HDFC Bank

3) Yes Bank

4) Axis Bank

5) None of these

35. Which of the following Bank has recentl become the first bank to raise funds
overseas using the swap loan facility provided by the Reserve Bank of India?
1) Yes Bank

2) Federal Bank 3) Axis Bank

4) HDFC Bank

5) None of these

36. Bharatiya Mahila Bank, the countrys first all-women commercial bank, has recently
commenced its operations with how many branches?
1) 3

2) 5

3) 7

4) 9

5) None of these

37. Reserve Bank of India has recently directed the Public Sector Banks (PSBs) to
provide loans to which of the following at 7 per cent per annum?
1) Students
4) MSMEs

2) NGOs

3) Women Self-Help Groups (SHGs)

5) None of these

38. Supreme Court of India recently ruled that Courts cannot impose a fine of more
than _____ in bounced cheques?
1) Twice the amount
4) None of above

2) Thrice the amount

3) Equal to the amount

39. Which of the following banks has recently won golden peacock award for
excellence in corporate governance 2013?
1) SBI

2) Syndicate Bank

4) PNB Bank

5) None of these

3) Canara Bank

40. The proposed aviation venture of TATA with Singapore Airlines (SIA) has recently
got corporate Affairs Ministrys approval to use the name Tata SIA Airlines Ltd.
Tata Group will hold how much per cent stake in the company?

ISB

INDIAN SCHOOL OF BANKING

1) 51%

2) 49%

3) 61%

GENERAL AWARENESS

4) 55%

5) None of these

41. Which of the following banks has recently launched the e-KYC initiative to
facilitate paperless banking to Aadhaar card holders?
1) Axis Bank

2) SBI

3) ICICI

4) HDFC

5) None of these

42. The Finance Ministry recently announced that it would infuse 14000 crore Rupees
capital in 20 public sector banks during the current financial year, i.e., 2013-14.
State Bank of India will get how much crores equity capital from the government?
1) 2000

2) 2500

3) 2200

4) 1800

5) None of these

43. Who of the following has recently won the Indian Grand Prix 2013?
1) Jaun Manuel

2) Michael Schumacher

3) Sebastian Vettel

4) Mark Webber

5) None of these

44. Indian Cricketer Virat Kohli beame the fastest batsman to score 5000 runs in
one-day internationals. he has equalled the record of which of the following
veteran cricketers?
1) Sachin Tendulkar

2) Sunil Gavaskar

4) Don Bradman

5) None of these

3) Sir Viv Richards

45. The International Hockey Federation, FIH has recently selected which of the
following countries to host hte mens World Cup, which is planned for December
2018?
1) Pakistan

2) England

3) India

4) Britain

5) None of these

46. Which of the following team recently terminated by the BCCI from the IPL after the
Sahara-owned franchise failed to pay its payments and refused to furnish the bank
guarantee for the next season?
1) Pune Warriors

2) Rajasthan Royals

4) Mumbai Indians

3) Royal challengers Bangalore

5) None of these

47. Sports Ministry of India has recently launched India Sports 2014 to promote sports
among youth in the country with which of the following organizations?
1) FICCI

2) BCCI

3) IRCTC

4) NABARD

5) None of these

48. Who of the following recently became a part of the history by becoming the third
Indian pistol shooter to win Gold at the World Cup Final?
1) Heena Sidhu

2) Gagan Narang

4) Lajja Gauswami

5) None of these

3) Annu Raj Singh

49. Magnus Carlsen has recently won the FIDE World Chess Championship 2013 after
defeating the previous world chamion Viswanathan Anand of India. Magnus
belongs to which of the following countries?
1) Britain

2) Australia

ISB

3) Norway

4) New Zealand 5) None of these

INDIAN SCHOOL OF BANKING

10

GENERAL AWARENESS

50. Which of the following cities has got the worlds first publicly accessible ATM
machine which can exchange digital currency, Bitcoins, for any official currency?
1) Toronto

2) London

4) Vancouver

5) None of these.

3) New York

51. Yuki Bhambri is associated with which of the following games?

1) Hockey

2) Squash

4) Badminton

5) None of these

3) Tennis

52. Who among the following has won the 2013 Singapore Grand Prix Formula One
championship recently?
1) Sebastian Vettel

2) Lewis Hamilton

4) Fernando Alonso

5) None of these

3) Mark Webber

53. The countrys first all-women bank Bharatiya Mahila Bank was launched on 19 Nov,
whic is the birth anniversary of
1) Indira Gandhi

2) Vijaya Lakshmi Pandit

4) Sarojini Naidu

5) None of these

3) Annie Besant

54. Consider the following statements with respect to the recently launched Indias
first Mars Orbiter Mission (MOM):

1) It was launched from the Satish Dhawan Space Centre in Sriharikota

2) Indias indigenous launch vehicle PSLV C25 carried the MOM

3) After launch, the satellite is expected to go around the Earth for 20-25 days, befor
embarking on a nine-month voyage to the red planet
4) Indias Rs. 1000 cr MOM mission is the third in the world, after the US and Russia
1) Only 1 and 2

2) Only 2 and 3

4) Only 2, 3 and 4

3) Only 1, 2 and 3

5) All 1, 2, 3 and 4

55. The National Integration Day is observed every year on which of the following dates?
1) 14 Nov

2) 17 Nov

3) 19 Nov

4) 21 Nov

5) None of these

56. Who among the following has been given the prestigious Hridayanath Mangeshkar
award for his/her contribution to the film industry?
1) Subhash Ghai
4) Hema Malini

2) Amitabh Bachchan

3) Dilip Kumar

5) None of these

57. As per the provisions of the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA), what fraction of the given employment should be women?
1) two-third

2) half

3) one-third

4) one-fourth

5) None of these

58. The term NOTA is associated with

1) An international treaty

2) Anti-tobaccco campaign

4) A voting option in EVMs

5) None of these

ISB

3) Nuclear non-proliferation

INDIAN SCHOOL OF BANKING

11

GENERAL AWARENESS

59. India and ________ signed an MoU for cooperation between Prasar Bharati and
Radio and Television Institute of that country.
1) Cambodia

2) Peru

3) Argentina

4) Cyprus

5) Cuba

60. India has given Bhutan how much amount as assistance for the new governments
stimulus plan, recently?
1) Rs. 200 crore 2) Rs. 100 core 3) Rs. 300 crore 4) Rs. 500 crore 5) Rs. 400 crore
61. US President Barack Obama was ranked ________ in Forbes Forbes list of The
Worlds Most Powerful People.
1) second

2) third

3) first

4) fifth

5) tenth

62. Who among the following has been listed the worlds third most powerful woman
on Forbes list of The Worlds Most Powerful People?
1) Indra Nooyi

2) Kiran Majumdar Shaw

4) Sonia Gandhi

5) Jayalalitha

3) Mamta Banerjee

63. Who among the following actresses was, recently, honoured in the House of
Commons, London for her contribution to the global entertainment industry?
1) Deepika Padukone

2) Kajol

4) Madhuri Dixit

5) Kareena Kapoor

3) Katrina Kaif

64. Vodafond India in association with which of the following banks has launched
M-Pesa, recently?
1) Axis Bank

2) Royal Bank of Scotland

4) Karur Vysya

5) HDFC

3) ICICI Bank

65. P.S. Raghvan was appointed as the next Ambassador of India to which of the
following countries?
1) Russia

2) Venezuela

3) Yemen

4) Ukraine

5) Somalia

66. Imomali Rakhmon has been re-elected the President of which of the following
countries?
1) Turkmenistan 2) Afghanistan

3) Azerbaijan

4) Tajikistan

5) Burkina Faso

67. Which of the following countries launched the Olympic torch into space, as part of
the flames journey ahead of the Sochi Winter Olympics?
1) Belgium

2) Russia

3) Greece

4) Laos

5) Poland

68. 44th International Film Festival of India will be held in which of the following states/
UTs in November 2013?
1) New Delhi

2) Rajasthan

3) Goa

4) Gujarat

5) Tamil Nadu

69. Yogesh Malik has resigned as the Chief Executive Officer of which of the following
telecom giants?
1) Reliance

2) Vodafone

ISB

3) Docomo

4) Uninor

5) BSNL

INDIAN SCHOOL OF BANKING

12

GENERAL AWARENESS

70. Global Gender Gap Report 2013, by World Economic Forum ranked India ________
out of 136 countries on Gender Gap index.
1) 101

2) 102

3) 110

4) 111

5) 112

71. Who among the following has been appointed as the goodwill ambassador for
SouthKorea?
1) John Abraham

2) Aamir Khan

4) Abhishek Bachchan

5) Akshay Kumar

3) Shahrukh Khan

72. Manna Dey died, recently, in bangalore. Who was he?

1) Singer

2) Actor

3) Journalist

4) Politician

5) Architect

73. Moscow hosted the 14th India-Russia Annual Summit. Who represented India in
the Summit?
1) Prime Minister of India

2) President of India

4) Home Minister of India

5) Defence Minister

3) Finance Minister of India

74. Which bank has signed an MoU with industry body CII to facilitate cheaper credit
access to MSMEs, recently?
1) United Bank of India

2) ICICI

4) SBI

5) Canara Bank

3) RBI

75. The RBI will shortly issue _______ denomination banknotes with rupee symbol
bearing the signature of new governor Raghuram Rajan.
1) Rs. 20

2) Rs. 5

3) Rs. 10

4) Rs. 50

5) Rs. 100

76. Rajiv Gandhi Aviation University will be setup in which district?

1) Jhansi

4) Bhuj

2) Rae Bareli

3) Lakhimpur

5) None of the above

77. Malabar is bilateral naval field training exercise between India and _______
1) Ethiopia

2) Russia

3) China

4) US

5) South Africa

78. Which of the following countries has rejected its freshly acquired seat on the UN
Security Council over Syrian Civil War?
1) Saudi Arabia 2) Germany

3) Jordan

4) US

5) Ukraine

79. Bhagat Puran Singh Sehat Beema Yojana Health care scheme for BPL families
was launched in _______
1) Gujarat

2) Rajasthan

3) Punjab

4) Bhopal

5) Bihar

80. Who among the following has been named worlds most powerful person by Forbes
Magazine?
1) Manmohan Singh

2) Indra Nooyi

4) Angela Merkel

5) John Kerry

ISB

3) Vladimiar Putin

INDIAN SCHOOL OF BANKING

13

GENERAL AWARENESS

Banking Special:
81. What is the term used for the practice of replacing relatively high-cost debt with
that of lower-cost borrowing to take advantage of falling interest rates?
1) Derivative

2) Credit risk management

4) Credit enhancement

5) None of these

3) Debt swap

82. What is the term used for a banking system under which the banks are to raise
low-cost funds and invest such funds in low-risk assets such as govt securities?
1) Rural banking

2) Priority banking

4) Universal banking

5) None of these

3) Narrow banking

83. As per the information provided by the RBI Deputy Governor KC Chakrabarty
recently, how many out of 600,000 villages in India have bank branches?
1) 40,000

2) 50,000

3) 60,000

4) 80,000

5) None of these

84. The RBI has suggested dilution of Govt shareholding in public sector banks in the
context of requiring additional capital to implement the Base IIII norms. According
to the statute, the Govts shareholding in the public sector banks cannot fall below
1) 49 per cent

2) 51 per cent

4) 25 per cent

5) None of these

3) 55 per cent

85. As per the prevailing RBI norms, the banks are required to invest what per cent of
their deposits in Govt securities?
1) 15 per cent

2) 21 per cent

4) 25 per cent

5) None of these

3) 23 per cent

86. Name the process in which the electronic holding of share replaces the paper securities.
1) Dematerialisation
4) Rematerialisatio

2) Electronic share

3) Demutualisation

5) None of these

87. Which of the following has emerged as Indias top-notch brand in banking and
financial services industry (BFSI) category in a survey by Trust Research
Advisory, a brand intelligence company?
1) ICICI Bank
4) Axis Bank

2) LIC of India

3) SBI

5) HDFC Bank

88. The RBI is planning to introduce one billion pieces of currency notes in polymer or
plastic ona trial basis in the denomination of
1) Rs. 5

2) Rs. 10

3) Rs. 20

4) Rs. 50

5) None of these

89. The Banking Ombudsman is a senior official tasked with redresing customer
complaints against deficiency in certain banking services and is appointed by the
1) Reserve Bank of India

2) Ministry of Finance 3) Indian Bankss Association

4) High Court of each state 5) None of these

ISB

INDIAN SCHOOL OF BANKING

14

GENERAL AWARENESS

90. The Rural Infrastructure Development Fund (RIDF) is maintained by which of the
following banks?
1) Reserve Bank of India

2) State Bank of India

4) Central Bank of India

5) None of these

3) NABARD

91. What is mis-selling?

1) Selling a product which is not suitable for the buyers needs
2) Selling a bad product
3) Selling a new product to an existing customer
4) Preventing buyers from buying products of their choice
5) None of these
92. The ever-increasing NPAs of the commercial banks have become a serious
challenge for the RBI at present. Currently, a loan is considered to be an NPA if its
instalment is not paid for
1) One month

2) Two months

3) Three months 4) Six months

5) None of these

93. The Basel Convention refers to which of the following?

1) ban on exports of hazardous wastes
2) Prodential lending norms in banking

3) Phasing out of ozone-depleting substances

4) Landing and take-off rights at international airports

5) Ban on export of weapons to civil-war affected countries

94. The credit pollicy of a bank does not deal with:

1) Credit risk management

2) Documentation standards

3) Review and renewal of advances

5) None of these

4) Outstanding balances in deposit accounts

95. Reserve Bank of India (RBI) recently directed the banks to periodically audit and
re-verify the documents of all credits of and above Rs. _____, till the loan is
completely repaid?
1) 5 crore

2) 2 crore

3) 3 crore

4) 4 crore

5) None of these

96. A worldwide financial messaging network between which exchanges messages

between banks and financial institutions is known as:
1) CHAPS

2) SWIFT

3) NEFT

4) SFMS

5) CHIPS

97. Technological Advancement in the recent times has given a new dimension to banks,
mainly to which one of the following aspects?
1) New Age Financial Derivatives

2) Service Delivery Mechanism

3) Any Banking

4) Any Type Banking

ISB

5) Multilevel Marketing

INDIAN SCHOOL OF BANKING

15

GENERAL AWARENESS

98. Banking Ombudsman Scheme is applicable to the business of:

1) All scheduled commercial banks excluding RRBs
2) All scheduled commercial banks including RRBs
3) Only Public Sector Banks
4) All Banking Companies
5) All scheduled banks except private banks
99. Base Rate is the rate below which no Bank can allow their lending to anyone. Who
sets up this Base Rate for Banks?
1) Individual Banks Board

2) Ministry of Commerce

3) Ministry of Finance

4) RBI

5) Interest Rate Commission of India.

100. Which of the following is one of the major functions of National Bank for
Agriculture and Rural Development (NABARD)?

1) Provide loans to State Government, for developing rural infrastructure

2) Preparing Monetary and Credit Policy of India
3) Deciding Bank Rate
4) Providing Credit to Small Industrial Units

5) Monitoring and Controlling functions of the Stock exchanges in India.

I
ISB

INDIAN SCHOOL OF BANKING

16

GENERAL AWARENESS

KEY
1. (3)

2. (3)

3. (1)

4. (2)

5. (3)

6. (4)

7. (1)

8. (2)

9. (1)

10. (1)

11. (1)

12. (4)

13. (2)

14. (3)

15. (2)

16. (2)

17. (1)

18. (2)

19. (1)

20. (4)

21. (1)

22. (4)

23. (1)

24. (1)

25. (2)

26. (3)

27. (1)

28. (3)

29. (2)

30. (1)

31. (4)

32. (3)

33. (1)

34. (1)

35. (1)

36. (3)

37. (3)

38. (1)

39. (3)

40. (1)

41. (1)

42. (1)

43. (3)

44. (3)

45. (3)

46. (1)

47. (1)

48. (1)

49. (3)

50. (4)

51. (3)

52. (1)

53. (1)

54. (3)

55. (3)

56. (2)

57. (3)

58. (4)

59. (5)

60. (2)

61. (1)

62. (4)

63. (5)

64. (3)

65. (1)

66. (4)

67. (2)

68. (3)

69. (4)

70. (1)

71. (3)

72. (1)

73. (1)

74. (5)

75. (3)

76. (2)

77. (4)

78. (1)

79. (3)

80. (3)

81. (3)

82. (3)

83. (1)

84. (2)

85. (3)

86. (1)

88. (2)

89. (1)

90. (3)

93. (1)

94. (4)

95. (1)

98. (4)

99. (4)

100. (4)

91. (1)
96. (4)

87. (2)

92. (3)

97. (4)

ISB