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Quiz 393 : Macro-Economical Awareness for Banking Examinations

1.Recently we read in the newspapers that Reserve Bank of India has constituted a panel to study the structure and efficacy of the current customer grievance redress system in banks and suggest measures for expeditious resolution of complaints and probably also to lay down a suitable time-frame for disposal of customer complaints. Who among the following is heading this panel?
(A)R N Malhotra
(B)S Venkitaramanan
(C)Dr. C Rangarajan
(D)M. Damodaran
(E)Dr. Bimal Jalan

2.Under which of the following laws, the Subsidiary Bank of State Bank of India is constituted ?
(A)Banking Regulation Act, 1949
(B)State Bank of India Act,1955
(C)State Bank of India (Subsidiary-Banks) Act,1959
(D)Banking Companies (Acquisition and Transfer of Under-taking) Act, 1980
(E)None of them

3.Which among the following retail giants in India has a senior post named as “Chief Belief Officer ” who manages company’s cultural strategy?
(A)Godrej Group
(B)Reliance ADA Group
(C)Future Group
(D)Reliance Industries
(E)Tata Group

4.What was the final registered growth of Indian Economy for the year 2009-10?
(A)7.2%
(B)7.4%
(C)7.6%
(D)7.8%
(E)8.2%

5.Now a days , we read in the newspapers that Indian banking is poised to be omnipresent through facilities such as ‘Anywhere and Anytime Banking’. In this context, bring out the one statement which does not hold to be correct:
(A)There is a proliferation of Banking Services through the ATM networks
(B)Now IT enabled instant remittances is available across Banks
(C)Many banks have launched the Mobile Banking Facilities
(D)India’s banking system is now 100% CBS compliant
(E) There is an special emphasis on Financial Inclusion

6.Which among the following does not come under the purview of information security in the banking system?
(A)Protection of investment in information assets and to the actual information thereon
(B)Availability of assets for use whenever and wherever required
(C)Adequate care of the human factor in IT implementation
(D)Migration of the customers and bankers to the higher levels of data security.
(E)Provision of low cost Information security to customers

7.During an official visit to China, which among the following ministers recently plunged himself into controversy and criticism for criticizing the working of Union home ministry ?
(A)Anand Sharma
(B)Jai Ram Ramesh
(C)S M Krishna
(D)Sharad Pawar
(E)Prithviraj Chavan

8.What is the annual untied grant for a Village Health Fund under the Village Health & Sanitation Committee, constituted by a state governments under the Panchayati Raj Institutions umbrella of implementation of National Rural Health Mission?
(A)Rs. 10, 000
(B)Rs. 20, 000
(C)Rs. 30, 000
(D)Rs. 40, 000
(E)Rs. 50, 000

9.How many Indian Institutes of Science Education and Research (IISER) have been set up by the Government of India ?
(A)2
(B)3
(C)4
(D)5
(E)6

10.In which state is located India’s national institute for the study and development of space science?
(A)Orissa
(B)Tamilnadu
(C)Kerala
(D)Karnataka
(E)West Bengal

11.Which of the following committee’s report said that condition of a lot of people in Muslim community is even worse that of SC/STs, communities considered underprivileged for years?
(A)Sachar Committee
(B)Yashpal Committee
(C)Mashelkar committee
(D)CNR Rao Committee
(E)None of them

12.Consider the following sectors / segments of Indian Economy :
1. Telecommunications
2. Electricity
3. Competition
4. Coal
5. National highways
for which of the above there are appellate tribunals?
(A)1, 2,
(B)1, 2, 3
(C)1, 2, 3, 4,
(D)1, 2,3, 4, 5
(E)4, 5 `

13.With which of the following organizations, Harsha Vardhana Singh is related to ___?
(A)World Economic Forum
(B)World Bank
(C)International Monetary Firm
(D)World Trade Organization
(E)Asian Development Bank

14.Which of the following cities is coming up with India’s first integrated municipal solid waste management plant ?
(A)Delhi
(B)Kolkata
(C)Kanpur
(D)Lucknow
(E)Bangalore

15.In which year Central Economic Intelligence Bureau was set up to coordinate and strengthen the intelligence gathering activities as well as investigative efforts of all the Agencies which enforce economic laws?
(A)1982
(B)1985
(C)1990
(D)1993
(E)1996

16.Who among the following is the current chairman of National Biodiversity Authority ?
(A)Dr P L Gautam
(B)K Venkataramanan
(C)Dr. S. Ayyappan
(D)Dr. A.K.Srivastava
(E)None of them

17.What is the current number of members of Group of Like-Minded Megadiverse Countries ?
(A)11
(B)13
(C)15
(D)17
(E)18

18.What is the aim of Easy Exit Scheme 2010 of Government of India?
(A)Easy retirement for the Government officers reaching a retirement
(B)To provide easy complete exit to unlisted companies across India that have stopped functioning according to government records
(C)To grant amnesty to defaulting companies that wish to continue to be in business from violations of the Companies Act and criminal prosecution.
(D)None of them

19.In which year National Programme for Control of Blindness was launched ?
(A)1972
(B)1976
(C)1977
(D)1979
(E)1981

20.What is the capital of Ecuador?
(A)Bogotá
(B)Asunción
(C)La Paz
(D)Lima
(E)Quito

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